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A.C.N.

Active
Private limited companyfounded 201015 yrs activeLodewijk de Raetlaan 20, 8870 Izegem, BelgiumKBO/BCE: BE 0829.935.166
Summary

A.C.N. has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.1m and a net result of €1.1m. Equity is growing by ~37.5% per year across the filed fiscal years. Its solvency ranks better than 24% of 731 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability62▼-5
Solvency44▲+3
Growth85=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €550,000 at 30 days acceptable
Liquidity ample (current ratio 2.38 against 2.52 in 2024; short-term debt: 27.7% and cash: 2.2% of total assets), but 80.6% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
19.4%
Return on assets
2.4%
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 15 years 0 20 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 731 sector peers (2025).
NBB · sector comparison
Position among 731 sector peers
Solvency
better than 24%
← weakest strongest →
neutral · A punctual record breaks
This company filed 7 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
11 d late
2024
8 d early
2023
6 d early
2022
53 d early
2021
40 d early
2020
32 d early
2019
32 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 23 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

A.C.N. was incorporated on 5 October 2010.1 Revenue grew from EUR 24 million in 2020 to EUR 64 million in 2025 and headcount from 41.8 full-time equivalents in 2018 to 77.7 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2020 and 2025

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Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, full schema

Turnover
€63.9m▲ 0.5%
2024 · €63.6m
EBIT margin
3.6%▼ 2.1pp
2024 · 5.7%
Net result
€1.1m▼ 55.3%
2024 · €2.5m
Working capital
€17.8m▼ 7.3%
2024 · €19.2m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€32.6m▲ 36.7%€42.7m▲ 30.8%€55.1m▲ 29.0%€63.6m▲ 15.4%€63.9m▲ 0.5%
Operating result€1.5m▲ 437%€631,578▼ 59.1%€2.7m▲ 322%€3.6m▲ 35.0%€2.3m▼ 36.8%
Net result€1.2mabove the sector's middle half▲ 471%€498,984above the sector's middle half▼ 58.6%€2.0mabove the sector's middle half▲ 309%€2.5mabove the sector's middle half▲ 23.4%€1.1mabove the sector's middle half▼ 55.3%
EBIT margin4.7%▲ 3.5pp1.5%▼ 3.3pp4.8%▲ 3.4pp5.7%▲ 0.8pp3.6%▼ 2.1pp
Equity€2.9mabove the sector's middle half▲ 59.7%€3.4mabove the sector's middle half▲ 17.4%€5.4mabove the sector's middle half▲ 60.7%€7.9mabove the sector's middle half▲ 46.6%€9.1mabove the sector's middle half▲ 14.2%
Total assets€14.5mabove the sector's middle half▲ 64.7%€31.7mabove the sector's middle half▲ 119%€45.3mabove the sector's middle half▲ 42.5%€48.8mabove the sector's middle half▲ 7.9%€46.7mabove the sector's middle half▼ 4.3%
Debt€10.6m▲ 70.7%€26.9m▲ 155%€38.1m▲ 41.4%€38.9m▲ 2.3%€35.7m▼ 8.2%
Working capital€7.9m▲ 69.4%€13.3m▲ 68.2%€17.5m▲ 31.1%€19.2m▲ 9.8%€17.8m▼ 7.3%
Solvency19.8%within the sector's middle half▼ 0.6pp10.6%below the sector's middle half▼ 9.2pp11.9%below the sector's middle half▲ 1.4pp16.2%below the sector's middle half▲ 4.3pp19.4%below the sector's middle half▲ 3.1pp
Staff (FTE)61.9above the sector's middle half▲ 10.5%70.4above the sector's middle half▲ 13.7%83above the sector's middle half▲ 17.9%80.3above the sector's middle half▼ 3.3%77.7above the sector's middle half▼ 3.2%
above within below the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€1.0m€2.0m€3.0m€4.0mOperating result 2021: €1.5m€1.5mNet result 2021: €1.2m€1.2mOperating result 2022: €631,578€631,578Net result 2022: €498,984€498,984Operating result 2023: €2.7m€2.7mNet result 2023: €2.0m€2.0mOperating result 2024: €3.6m€3.6mNet result 2024: €2.5m€2.5mOperating result 2025: €2.3m€2.3mNet result 2025: €1.1m€1.1m20212022202320242025€0€1m€2m€3m€4mOperating result 2023: €2.7m€2.7mNet result 2023: €2.0m€2mOperating result 2024: €3.6m€3.6mNet result 2024: €2.5m€2.5mOperating result 2025: €2.3m€2.3mNet result 2025: €1.1m€1.1m202320242025
The operating result falls in 2025; 2025 is 37% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €46.7m
Fixed assets €16.0m ▼ 5.8%
Current assets €30.7m ▼ 3.4%
Equity and liabilities €46.7m
Equity €9.1m ▲ 14.2%
Provisions €1.9m ▼ 0.5%
Debt €35.7m ▼ 8.2%
Debt's share of the balance-sheet total falls from 79.8% to 76.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€3.6m▼
2024 · €4.8m
Cash flow
€2.5m▼
2024 · €3.7m
Current ratio
2.38▼
2024 · 2.52
Quick ratio
1.41▲
2024 · 1.39
Debt to equity
3.95▼
2024 · 4.91
ROE
12.5%▼
2024 · 31.8%
ROA
2.4%▼
2024 · 5.2%
Interest coverage
13.81▼
2024 · 21.89
Debt ≤ 1 year
€12.9m▲
2024 · €12.6m
Debt > 1 year
€6.1m▼
2024 · €6.8m
Income taxes
€413,003▼
2024 · €872,910
Staff costs
€5.6m▲
2024 · €5.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 289 companies that looked in July 2024 the way this one looks now, 0% went bankrupt within 24 months and 97% are still going.

  • Medium-sized
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
0% went bankrupt
3.1% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 289 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 81 lines
Balance sheet Code20242025
Assets
Total assets20/58€48.8m€46.7m▼
Fixed assets21/28€17.0m€16.0m▼
Intangible fixed assets21€75,318€66,463▼
Tangible fixed assets22/27€16.6m€15.7m▼
Land and buildings22€15.2m€14.4m▼
Plant, machinery and equipment23€734,412€650,572▼
Furniture and vehicles24€686,522€647,795▼
Other tangible fixed assets26€0-
Assets under construction and advance payments27€0-
Financial fixed assets28€311,753€270,810▼
Other financial fixed assets284/8€311,753€270,810▼
Amounts receivable and cash guarantees285/8€311,753€270,810▼
Current assets29/58€31.8m€30.7m▼
Stocks and contracts in progress3€14.3m€12.4m▼
Stocks30/36€14.3m€12.4m▼
Raw materials and consumables30/31€10.8m€8.8m▼
Work in progress32€3.5m€3.6m▲
Amounts receivable within one year40/41€15.1m€16.5m▲
Trade receivables40€14.2m€12.3m▼
Other amounts receivable41€955,584€4.2m▲
Cash at bank and in hand54/58€2.3m€1.0m▼
Deferred charges and accrued income490/1€116,495€780,025▲
Equity and liabilities
Total equity and liabilities10/49€48.8m€46.7m▼
Equity10/15€7.9m€9.1m▲
Contributions10/11€372,417€372,417=
Reserves13€39,392€39,392=
Distributable reserves133€39,392€39,392=
Profit (loss) carried forward14€7.5m€8.6m▲
Provisions and deferred taxes16€1.9m€1.9m▼
Provisions for liabilities and charges160/5€1.9m€1.9m▼
Other liabilities and charges164/5€1.9m€1.9m▼
Amounts payable17/49€38.9m€35.7m▼
Amounts payable after more than one year17€6.8m€6.1m▼
Financial debts170/4€6.8m€6.1m▼
Credit institutions173€4.5m€4.0m▼
Other loans174€2.3m€2.1m▼
Amounts payable within one year42/48€12.6m€12.9m▲
Current portion of amounts payable after more than one year42€699,081€703,054▲
Trade debts44€10.0m€10.3m▲
Suppliers440/4€10.0m€10.3m▲
Taxes, remuneration and social security45€1.7m€1.6m▼
Taxes450/3€784,637€604,467▼
Remuneration and social security454/9€865,570€1.0m▲
Other amounts payable47/48€292,828€328,640▲
Accrued charges and deferred income492/3€19.5m€16.7m▼
Income statement Code20242025
Operating income70/76A€63.3m€64.2m▲
Turnover70€63.6m€63.9m▲
Change in stocks of work in progress, finished goods and contracts in progress71-€369,598€132,382▲
Other operating income74€75,024€126,025▲
Non-recurring operating income76A€28,531€11,431▼
Operating charges60/66A€59.7m€61.9m▲
Goods for resale, raw materials and consumables60€31.6m€29.8m▼
Purchases600/8€28.5m€27.4m▼
Change in stocks: decrease (increase)609€3.1m€2.4m▼
Services and other goods61€21.1m€25.5m▲
Remuneration, social security and pensions62€5.6m€5.6m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.2m€1.3m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-€430,677▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€183,205-€9,395▼
Other operating charges640/8€59,419€89,681▲
Non-recurring operating charges66A€4,576€163▼
Operating profit (loss)9901€3.6m€2.3m▼
Financial income75/76B€391,653€136,798▼
Recurring financial income75€391,653€136,798▼
Income from financial fixed assets750€12,479€9,981▼
Income from current assets751€19€6▼
Other financial income752/9€379,155€126,812▼
Financial charges65/66B€591,160€868,477▲
Recurring financial charges65€591,160€868,477▲
Debt charges650€219,132€261,268▲
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€100,000€0▼
Other financial charges652/9€272,028€607,209▲
Profit (loss) for the period before taxes9903€3.4m€1.5m▼
Income taxes67/77€872,910€413,003▼
Taxes670/3€872,910€420,002▼
Tax adjustments and reversals of tax provisions77-€6,999
Profit (loss) for the period9904€2.5m€1.1m▼
Profit (loss) for the period to be appropriated9905€2.5m€1.1m▼
Appropriation of the result
Profit (loss) to be appropriated9906€7.5m€8.6m▲
Profit (loss) brought forward from the previous period14P€5.0m€7.5m▲
Social balance
Average headcount (FTE)908780.377.7▼

The notes to these accounts (89 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€33.3m€46.1m€55.3m€63.3m€64.2m▲ 1.4%
Turnover70€32.6m€42.7m€55.1m€63.6m€63.9m▲ 0.5%
Change in stocks of work in progress, finished goods and contracts in progress71€599,611€3.4m-€893,565-€369,598€132,382▲ 136%
Other operating income74€96,933€109,989€1.1m€75,024€126,025▲ 68.0%
Non-recurring operating income76A€0€4,773€6,900€28,531€11,431▼ 59.9%
Operating charges60/66A€31.8m€45.5m€52.6m€59.7m€61.9m▲ 3.7%
Goods for resale, raw materials and consumables60€17.4m€27.4m€27.7m€31.6m€29.8m▼ 5.6%
Purchases600/8€18.9m€33.9m€30.9m€28.5m€27.4m▼ 3.7%
Change in stocks: decrease (increase)609-€1.4m-€6.5m-€3.2m€3.1m€2.4m▼ 23.6%
Services and other goods61€10.3m€13.2m€17.8m€21.1m€25.5m▲ 21.1%
Remuneration, social security and pensions62€3.7m€4.3m€5.7m€5.6m€5.6m▲ 0.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€143,895€219,115€675,634€1.2m€1.3m▲ 11.2%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€430,677€0-€430,677-
Provisions for liabilities and charges: additions (uses and reversals)635/8€250,627€385,135€310,111€183,205-€9,395▼ 105%
Other operating charges640/8€18,474€20,502€26,316€59,419€89,681▲ 50.9%
Non-recurring operating charges66A€0€6,643€0€4,576€163▼ 96.4%
Operating profit (loss)9901€1.5m€631,578€2.7m€3.6m€2.3m▼ 36.8%
Financial income75/76B€53,560€82,800€211,423€391,653€136,798▼ 65.1%
Recurring financial income75€53,560€82,800€211,423€391,653€136,798▼ 65.1%
Income from financial fixed assets750--€8,701€12,479€9,981▼ 20.0%
Income from current assets751--€47€19€6▼ 70.1%
Other financial income752/9€53,560€82,800€202,675€379,155€126,812▼ 66.6%
Financial charges65/66B€9,789€18,549€286,866€591,160€868,477▲ 46.9%
Recurring financial charges65€9,789€18,549€286,866€591,160€868,477▲ 46.9%
Debt charges650€3,528€13,021€233,356€219,132€261,268▲ 19.2%
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651---€100,000€0▼ 100%
Other financial charges652/9€6,261€5,529€53,510€272,028€607,209▲ 123%
Profit (loss) for the period before taxes9903€1.6m€695,828€2.6m€3.4m€1.5m▼ 54.6%
Income taxes67/77€381,028€196,844€544,671€872,910€413,003▼ 52.7%
Taxes670/3€382,000€197,000€544,671€872,910€420,002▼ 51.9%
Tax adjustments and reversals of tax provisions77€972€156€0-€6,999-
Profit (loss) for the period9904€1.2m€498,984€2.0m€2.5m€1.1m▼ 55.3%
Profit (loss) for the period to be appropriated9905€1.2m€498,984€2.0m€2.5m€1.1m▼ 55.3%
Line20212022202320242025Change
Assets
Total assets20/58€14.5m€31.7m€45.3m€48.8m€46.7m▼ 4.3%
Fixed assets21/28€566,693€3.5m€13.8m€17.0m€16.0m▼ 5.8%
Intangible fixed assets21--€84,183€75,318€66,463▼ 11.8%
Tangible fixed assets22/27€563,508€3.5m€13.4m€16.6m€15.7m▼ 5.7%
Land and buildings22---€15.2m€14.4m▼ 5.4%
Plant, machinery and equipment23€88,075€105,519€638,407€734,412€650,572▼ 11.4%
Furniture and vehicles24€445,879€604,530€759,304€686,522€647,795▼ 5.6%
Other tangible fixed assets26€29,554€24,594€19,635€0--
Assets under construction and advance payments27-€2.8m€12.0m€0--
Financial fixed assets28€3,185€10,250€297,904€311,753€270,810▼ 13.1%
Other financial fixed assets284/8€3,185€10,250€297,904€311,753€270,810▼ 13.1%
Amounts receivable and cash guarantees285/8€3,185€10,250€297,904€311,753€270,810▼ 13.1%
Current assets29/58€13.9m€28.2m€31.5m€31.8m€30.7m▼ 3.4%
Stocks and contracts in progress3€6.1m€15.9m€17.8m€14.3m€12.4m▼ 12.8%
Stocks30/36€6.1m€15.9m€17.8m€14.3m€12.4m▼ 12.8%
Raw materials and consumables30/31€4.7m€11.2m€13.9m€10.8m€8.8m▼ 18.2%
Work in progress32€1.4m€4.8m€3.9m€3.5m€3.6m▲ 3.8%
Amounts receivable within one year40/41€6.8m€9.9m€12.9m€15.1m€16.5m▲ 9.1%
Trade receivables40€3.8m€8.4m€11.0m€14.2m€12.3m▼ 13.3%
Other amounts receivable41€3.0m€1.4m€1.9m€955,584€4.2m▲ 341%
Cash at bank and in hand54/58€1.0m€2.0m€786,283€2.3m€1.0m▼ 55.8%
Deferred charges and accrued income490/1€28,185€440,995€11,389€116,495€780,025▲ 570%
Equity and liabilities
Total equity and liabilities10/49€14.5m€31.7m€45.3m€48.8m€46.7m▼ 4.3%
Equity10/15€2.9m€3.4m€5.4m€7.9m€9.1m▲ 14.2%
Contributions10/11€372,417€372,417€372,417€372,417€372,417=
Reserves13€39,392€39,392€39,392€39,392€39,392=
Non-distributable reserves130/1€39,392€39,392€0---
Reserves not available under the articles1311€39,392€39,392€0---
Distributable reserves133--€39,392€39,392€39,392=
Profit (loss) carried forward14€2.5m€3.0m€5.0m€7.5m€8.6m▲ 15.0%
Provisions and deferred taxes16€1.1m€1.5m€1.8m€1.9m€1.9m▼ 0.5%
Provisions for liabilities and charges160/5€1.1m€1.5m€1.8m€1.9m€1.9m▼ 0.5%
Other liabilities and charges164/5€1.1m€1.5m€1.8m€1.9m€1.9m▼ 0.5%
Amounts payable17/49€10.6m€26.9m€38.1m€38.9m€35.7m▼ 8.2%
Amounts payable after more than one year17€0€1.9m€7.5m€6.8m€6.1m▼ 10.3%
Financial debts170/4€0€1.9m€7.5m€6.8m€6.1m▼ 10.3%
Credit institutions173-€1.9m€5.0m€4.5m€4.0m▼ 11.3%
Other loans174€0-€2.5m€2.3m€2.1m▼ 8.3%
Amounts payable within one year42/48€6.0m€14.9m€14.0m€12.6m€12.9m▲ 2.6%
Current portion of amounts payable after more than one year42€0€400,000€502,750€699,081€703,054▲ 0.6%
Financial debts43-€2.0m€0---
Credit institutions430/8-€2.0m€0---
Trade debts44€5.0m€11.5m€11.7m€10.0m€10.3m▲ 2.9%
Suppliers440/4€5.0m€11.5m€11.7m€10.0m€10.3m▲ 2.9%
Taxes, remuneration and social security45€786,380€906,277€1.6m€1.7m€1.6m▼ 0.3%
Taxes450/3€132,794€165,293€552,118€784,637€604,467▼ 23.0%
Remuneration and social security454/9€653,586€740,984€1.0m€865,570€1.0m▲ 20.2%
Other amounts payable47/48€165,548€48,548€161,312€292,828€328,640▲ 12.2%
Accrued charges and deferred income492/3€4.6m€10.1m€16.6m€19.5m€16.7m▼ 14.4%
Line20212022202320242025Change
Profit (loss) for the period9904€1.2m€498,984€2.0m€2.5m€1.1m▼ 55.3%
+ Depreciation and write-downs630€143,895€219,115€675,634€1.2m€1.3m▲ 11.2%
Operating cash flow (approximation)€1.4m€718,099€2.7m€3.7m€2.5m▼ 33.8%
Investment in fixed assets (approximation)--€3.2m-€10.9m-€4.4m-€340,905▲ 92.3%
Change in cash-€948,374-€1.2m€1.5m-€1.3m▼ 185%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
11-08
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 11 days late
2025
23-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Highest result since 2018net €2.5m ▲23.4%
Operating result €3.6m, net result €2.5m, both a record.
25-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Equity above €5mEq €5.4m ▲60.7%
6 profitable years in a row build equity to €5.4m.
08-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
21-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Equity above €2mEq €2.9m ▲59.7%
4 profitable years in a row build equity to €2.9m.
29-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Weakest financial yearnet €211,355 ▼56.4%
Net result drops to €211,355, the lowest in the series; recovery starts the following year.
29-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
17-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 7 days late
2017
26-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts

We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
11 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Izegem · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
2.1 ha
Building footprint
2.0 ha
Volume, LiDAR
87,713 m³
2 parcels, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Lodewijk de Raetlaan 16-18-20, 8870 Izegem
Manufacture of other builders' carpentry and joinery
since 20112.194.397.940
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36492A0306/00R002 Flanders 1.1 ha 1 · 1.9 ha 9.0 m · 2 fl.
36009A0507/00H002 Flanders 1.0 ha 1 · 429 m² 6.5 m
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

2 owners

Chain of control

  1. ECHOFIN 100%
  2. A.C.N.

Highest known parent: ECHOFIN. The sources do not say who stands above it.

Owners 2

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 6 entries · 18,303 EUR awarded · 16,981 EUR paid
Year Entries awardedpaid
2025 1 3,884 EUR3,374 EUR
2024 2 1,848 EUR4,542 EUR
2023 1 7,500 EUR3,994 EUR
2022 2 5,071 EUR5,071 EUR
Schemes
4 entries · 13,122 EUR · 11,800 EUR paid · Fonds voor Innoveren en Ondernemen
1 entry · 4,499 EUR · 4,499 EUR paid · Departement Mobiliteit en Openbare Werken
1 entry · 682 EUR · 682 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Legal Entity Identifier

875500HN1JGN5UVATN90
live in the LEI register

Similar companies · same sector, comparable size

Of 3,924 companies in sector 71112 we hold annual accounts for 1,294. 46 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded05-10-2010
Fiscal year end31-12
Activities, NACEBEL 2025
31001Manufacture of furniture
71112Activities of interior architects
31009Manufacture of furniture
33200Installation of industrial machinery and equipment
E-invoicing
Reachable via Peppol
Peppol ID 0208:0829935166
Registered 23-12-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.