A.C.L. POLYESTER
ActiveA.C.L. POLYESTER has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €796k and a net result of €58k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 33% of 156 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability45▼-19
Solvency56▲+15
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity tight (current ratio 1.28 against 0.99 in 2024; short-term debt: 51.9% and cash: 6.7% of total assets), and 69% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 22
Relative position
BE, all sectors
reference
Sector 22
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
31%
Return on assets
2.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
18192022232425
2018 to 2025 · latest year €796k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
111 d early
2023
11 d late
2022
3 d early
2020
84 d early
2019
4 d early
2018
6 d early
← before the deadline
after the deadline →
Financials · fiscal year 2025, abbreviated schema
Equity
€796k▲ 7.9%
2024 · €738k
2018: €705k
2019: €821k
2020: €457k
2022: €471k
2023: €565k
2024: €738k
2018 → 2025
Total assets
€2.57M▼ 44.5%
2024 · €4.63M
2018: €1.29M
2019: €1.12M
2020: €1.19M
2022: €4.68M
2023: €4.78M
2024: €4.63M
2018 → 2025
Net result
€58k▼ 66.4%
2024 · €173k
2018: €122k
2019: €217k
2020: €161k
2022: €773k
2023: €94k
2024: €173k
2018 → 2025
Working capital
€373k
2024 · €-21k
2018: €667k
2019: €760k
2020: €408k
2022: €422k
2023: €-147k
2024: €-21k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Equity€457k-€471k▲ 3.0%€565k▲ 19.9%€738k▲ 30.7%€796k▲ 7.9%
Operating result€179k-€795k▲ 344%€242k▼ 69.6%€338k▲ 39.8%€175k▼ 48.4%
Net result€161k-€773k▲ 381%€94k▼ 87.9%€173k▲ 85.2%€58k▼ 66.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 48% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.57M
Fixed assets
€864k▼ 72.8%
Current assets
€1.71M▲ 17.6%
Equity and liabilities €2.57M
Equity
€796k▲ 7.9%
Debt
€1.78M▼ 54.4%
The debt ratio falls from 84.1% to 69.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€278k▼
2024 · €580k
Cash flow
€161k▼
2024 · €415k
Solvency
31.0%▲
2024 · 15.9%
Current ratio
1.28▲
2024 · 0.99
Quick ratio
1.10▲
2024 · 0.83
Debt / equity
2.23▼
2024 · 5.28
ROE
7.3%▼
2024 · 23.5%
ROA
2.3%▼
2024 · 3.7%
Interest coverage
2.79▼
2024 · 4.93
Debt
€1.78M▼
2024 · €3.89M
Debt ≤ 1 year
€1.33M▼
2024 · €1.47M
Debt > 1 year
€424k▼
2024 · €2.41M
Income taxes
€21k▼
2024 · €65k
Staff costs
€290k▲
2024 · €276k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€4.63M€2.57M▼
Fixed assets21/28€3.18M€864k▼
Intangible fixed assets21-€2k
Tangible fixed assets22/27€3.18M€861k▼
Plant, machinery and equipment23€3k€21k▲
Furniture and vehicles24€9k€112k▲
Leasing and similar rights25€2.38M€0▼
Other tangible fixed assets26€789k€728k▼
Financial fixed assets28€995€995=
Current assets29/58€1.45M€1.71M▲
Stocks and contracts in progress3€236k€241k▲
Stocks30/36€59k€59k▼
Contracts in progress37€177k€182k▲
Amounts receivable within one year40/41€1.06M€1.27M▲
Trade receivables40€1.01M€1.18M▲
Other amounts receivable41€46k€83k▲
Cash at bank and in hand54/58€96k€172k▲
Deferred charges and accrued income490/1€63k€30k▼
Equity and liabilities
Total equity and liabilities10/49€4.63M€2.57M▼
Equity10/15€738k€796k▲
Contributions10/11€19k€19k=
Reserves13€719k€778k▲
Tax-exempt reserves132€96€96=
Distributable reserves133€719k€777k▲
Amounts payable17/49€3.89M€1.78M▼
Amounts payable after more than one year17€2.41M€424k▼
Financial debts170/4€2.41M€424k▼
Amounts payable within one year42/48€1.47M€1.33M▼
Current portion of amounts payable after more than one year42€224k€191k▼
Financial debts43€242k€400k▲
Credit institutions430/8€242k€400k▲
Trade debts44€867k€485k▼
Suppliers440/4€867k€485k▼
Advances received on contracts in progress46€167€0▼
Taxes, remuneration and social security45€81k€43k▼
Taxes450/3€36k€22k▼
Remuneration and social security454/9€45k€21k▼
Other amounts payable47/48€59k€215k▲
Accrued charges and deferred income492/3€10k€17k▲
Income statement
Code20242025
Remuneration, social security and pensions62€276k€290k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€242k€103k▼
Other operating charges640/8€35k€41k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€891k€609k▼
Operating profit (loss)9901€338k€175k▼
Financial income75/76B€17k€4k▼
Recurring financial income75€17k€4k▼
Financial charges65/66B€118k€99k▼
Recurring financial charges65€118k€99k▼
Profit (loss) for the period before taxes9903€238k€79k▼
Income taxes67/77€65k€21k▼
Profit (loss) for the period9904€173k€58k▼
Profit (loss) for the period to be appropriated9905€173k€58k▼
Appropriation of the result
Profit (loss) to be appropriated9906€173k€58k▼
Transfer to equity691/2€173k€58k▼
To other reserves6921€173k€58k▼
Social balance
Average headcount (FTE)90876.36.1▼
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €58k ▼66.4%
Net result drops to €58k, the lowest in the series.
11-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 11 days late
2023
30-11
Financial
Equity above €500kEq €565k ▲19.9%
5 profitable years in a row build equity to €565k.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-11
Financial
Highest result since 2018net €773k ▲381%
Operating result €795k, net result €773k, both a record.
2021
08-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
24-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2021
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
06-12-2021
DCT Services: Resigned as Manager
18-11-2019
Bart CAPPON: Resigned as Manager
Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Mortierhoekstraat(Heu) 28501 KortrijkGround area
7,975 m²
Building footprint
3,750 m²
Volume, LiDAR
3 m³
Parcel 34016B0719/00A000, Flanders · tallest building 2.5 m. Linked by address, not a title deed.
1 establishment unit
A.C.L. POLYESTER
since 20132.219.573.695
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34016B0719/00A000 | Flanders | 7,975 m² | 1 · 3,750 m² | 2.5 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
1 connected companyNetwork connections
Shared address
→
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Of 602 companies in sector 22260 we hold annual accounts for 282. 182 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-02-2013
Fiscal year end31-12
Activities, NACEBEL
22260Manufacture of rubber and plastic products
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:info@aclpolyester.com
Phone:056/424855
Fax:056/426025