A.C.O.
ActiveSummary
A.C.O. has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €99,317 and a net result of €8,050. Equity is growing by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 34% of 10645 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
What they do
Retail trade
NACE 47230Fishing and aquaculture NACE 03210NACE 05020
1 site
How big
€433,168total assets 2025
- Staff
- 7.3 FTE
- Equity
- €99,317
- Profit
- €8,050
Turnover not published (abridged schema)
Who decides
Accounts filed 179 d late0 of 4 deeds read
Why 59- Higher-failure-rate sector- Filed more than 90 days late+ Long track record+ Annual accounts: healthy financial profileShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability55▲+20
Solvency48▲+5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.47 against 2.39 in 2024; short-term debt: 61.4% and cash: 32.9% of total assets), and 77.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more 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 2025Solvency, return and age of the figures
Solvency
22.9%
Return on assets
1.9%
Age of the figures
15 mo
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-07-2026, 179 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
179 d late
2024
28 d late
2022
31 d late
2021
80 d late
2020
89 d late
2019
69 d late
2018
63 d late
← 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 77 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Back to profitnet €8,050
- Annual accounts filedfiscal year 2024 · abbreviated…
Financials
Fiscal year 2025Total assets €433,168Profit €8,050Solvency 22.9%Liquidity 1.47
Total assets
€433,168▼ 13.7%
2018 - 2025
Net result
€8,050
2018 - 2025
Equity
€99,317▲ 8.8%
2018 - 2025
Staff (FTE)
7.3▼ 1.4%
2018 - 2025
Financials · fiscal year 2025, abbreviated schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220242025
Operating result€13,574▲ 90.6%€10,278▼ 24.3%€14,407▲ 40.2%-€4,794-€21,333
Net result€8,756within the sector's middle half▲ 77.3%€8,567within the sector's middle half▼ 2.2%€9,918within the sector's middle half▲ 15.8%-€17,763below the sector's middle half-€8,050within the sector's middle half
Equity€90,546within the sector's middle half▲ 10.7%€99,113within the sector's middle half▲ 9.5%€109,030within the sector's middle half▲ 10.0%€91,267below the sector's middle half-€99,317within the sector's middle half▲ 8.8%
Total assets€300,630within the sector's middle half▼ 0.7%€454,016below the sector's middle half▲ 51.0%€782,099within the sector's middle half▲ 72.3%€501,984below the sector's middle half-€433,168within the sector's middle half▼ 13.7%
Debt€210,084▼ 5.0%€354,903▲ 68.9%€673,069▲ 89.6%€410,717-€333,851▼ 18.7%
Working capital€131,920above the sector's middle half▼ 4.0%€143,905within the sector's middle half▲ 9.1%€294,796within the sector's middle half▲ 105%€255,202within the sector's middle half-€125,435within the sector's middle half▼ 50.8%
Solvency30.1%within the sector's middle half▲ 3.1pp21.8%within the sector's middle half▼ 8.3pp13.9%below the sector's middle half▼ 7.9pp18.2%within the sector's middle half-22.9%within the sector's middle half▲ 4.7pp
Current ratio2.11within the sector's middle half▲ 0.211.52within the sector's middle half▼ 0.581.75within the sector's middle half▲ 0.232.39within the sector's middle half-1.47within the sector's middle half▼ 0.92
Return on assets (ROA)2.9%within the sector's middle half▲ 1.3pp1.9%within the sector's middle half▼ 1.0pp1.3%within the sector's middle half▼ 0.6pp-3.5%below the sector's middle half-1.9%within the sector's middle half▲ 5.4pp
Staff (FTE)3.1above the sector's middle half▲ 82.4%4.2within the sector's middle half▲ 35.5%2.8within the sector's middle half▼ 33.3%7.4within the sector's middle half-7.3within the sector's middle half▼ 1.4%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €21,333 after a loss of €4,794 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €433,168
Fixed assets
€41,844 ▼ 34.4%
Current assets
€391,324 ▼ 10.7%
Equity and liabilities €433,168
Equity
€99,317 ▲ 8.8%
Debt
€333,851 ▼ 18.7%
Debt's share of the balance-sheet total falls from 81.8% to 77.1%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
EBITDA
€48,096▲
2024 · €33,746
Cash flow
€34,812▲
2024 · €20,777
Quick ratio
1.31▼
2024 · 1.98
Debt to equity
3.36▼
2024 · 4.50
ROE
8.1%▲
2024 · -19.5%
Interest coverage
4.11▲
2024 · 2.44
Debt ≤ 1 year
€265,889▲
2024 · €182,965
Debt > 1 year
€67,962▼
2024 · €227,752
Income taxes
€1,893
Staff costs
€228,629▼
2024 · €240,020
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,984 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
2.3%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 3,984 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.
Filed annual accounts
Annual accounts
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €81,721 | €80,559 | €240,020 | €228,629 | ▼ 4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,009 | €13,721 | €21,706 | €38,540 | €26,763 | ▼ 30.6% |
| Other operating charges640/8 | - | €5,037 | €2,278 | €2,846 | €8,953 | ▲ 215% |
| Gross operating margin9900 | €78,724 | €110,757 | €118,949 | €276,612 | €285,678 | ▲ 3.3% |
| Operating profit (loss)9901 | €13,574 | €10,278 | €14,407 | -€4,794 | €21,333 | ▲ 545% |
| Financial income75/76B | - | €90 | €89 | €879 | €307 | ▼ 65.0% |
| Recurring financial income75 | €50 | €90 | €89 | €879 | €307 | ▼ 65.0% |
| Financial charges65/66B | - | €526 | €4,578 | €13,849 | €11,698 | ▼ 15.5% |
| Recurring financial charges65 | €4,868 | €526 | €4,578 | €13,849 | €11,698 | ▼ 15.5% |
| Profit (loss) for the period before taxes9903 | €8,756 | €9,842 | €9,918 | -€17,763 | €9,943 | ▲ 156% |
| Income taxes67/77 | - | €1,275 | - | - | €1,893 | - |
| Profit (loss) for the period9904 | €8,756 | €8,567 | €9,918 | -€17,763 | €8,050 | ▲ 145% |
| Profit (loss) for the period to be appropriated9905 | €8,756 | €8,567 | €9,918 | -€17,763 | €8,050 | ▲ 145% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €300,630 | €454,016 | €782,099 | €501,984 | €433,168 | ▼ 13.7% |
| Fixed assets21/28 | €49,609 | €35,888 | €94,381 | €63,817 | €41,844 | ▼ 34.4% |
| Tangible fixed assets22/27 | €49,609 | €35,888 | €94,381 | €63,817 | €41,844 | ▼ 34.4% |
| Land and buildings22 | - | - | - | €3,875 | €3,459 | ▼ 10.7% |
| Plant, machinery and equipment23 | - | €9,777 | €30,892 | €22,729 | €15,157 | ▼ 33.3% |
| Furniture and vehicles24 | - | €26,111 | €63,488 | €37,214 | €23,227 | ▼ 37.6% |
| Current assets29/58 | €251,021 | €418,127 | €687,718 | €438,166 | €391,324 | ▼ 10.7% |
| Stocks and contracts in progress3 | €3,200 | €17,951 | €69,807 | €76,509 | €42,469 | ▼ 44.5% |
| Stocks30/36 | - | €17,951 | €69,807 | €76,509 | €42,469 | ▼ 44.5% |
| Amounts receivable within one year40/41 | €87,648 | €237,168 | €294,361 | €205,291 | €206,263 | ▲ 0.5% |
| Trade receivables40 | - | €237,168 | €288,831 | €156,216 | €202,309 | ▲ 29.5% |
| Other amounts receivable41 | - | - | €5,531 | €49,075 | €3,955 | ▼ 91.9% |
| Cash at bank and in hand54/58 | €160,173 | €163,009 | €323,549 | €156,366 | €142,592 | ▼ 8.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €300,630 | €454,016 | €782,099 | €501,984 | €433,168 | ▼ 13.7% |
| Equity10/15 | €90,546 | €99,113 | €109,030 | €91,267 | €99,317 | ▲ 8.8% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €70,546 | €79,113 | €89,030 | €89,030 | €89,030 | = |
| Non-distributable reserves130/1 | - | €2,000 | €2,000 | - | - | - |
| Reserves not available under the articles1311 | - | €2,000 | €2,000 | - | - | - |
| Distributable reserves133 | - | €77,113 | €87,030 | €89,030 | €89,030 | = |
| Profit (loss) carried forward14 | - | - | - | -€17,763 | -€9,713 | ▲ 45.3% |
| Amounts payable17/49 | €210,084 | €354,903 | €673,069 | €410,717 | €333,851 | ▼ 18.7% |
| Amounts payable after more than one year17 | €90,983 | €80,680 | €280,146 | €227,752 | €67,962 | ▼ 70.2% |
| Financial debts170/4 | - | €80,680 | €280,146 | €227,752 | €67,962 | ▼ 70.2% |
| Amounts payable within one year42/48 | €119,101 | €274,223 | €392,922 | €182,965 | €265,889 | ▲ 45.3% |
| Current portion of amounts payable after more than one year42 | - | €8,236 | €48,082 | €30,835 | €61,438 | ▲ 99.2% |
| Trade debts44 | €85,824 | €183,652 | €216,862 | €69,282 | €152,981 | ▲ 121% |
| Suppliers440/4 | - | €183,652 | €216,862 | €69,282 | €152,981 | ▲ 121% |
| Advances received on contracts in progress46 | - | - | €3,008 | - | - | - |
| Taxes, remuneration and social security45 | - | €19,739 | €30,725 | - | €28,732 | - |
| Taxes450/3 | - | €19,739 | €30,725 | - | €28,732 | - |
| Other amounts payable47/48 | - | €62,595 | €94,245 | €82,847 | €22,738 | ▼ 72.6% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,756 | €8,567 | €9,918 | -€17,763 | €8,050 | ▲ 145% |
| + Depreciation and write-downs630 | €11,009 | €13,721 | €21,706 | €38,540 | €26,763 | ▼ 30.6% |
| Operating cash flow (approximation) | €19,765 | €22,287 | €31,623 | €20,777 | €34,812 | ▲ 67.6% |
| Investment in fixed assets (approximation) | - | €0 | -€80,198 | - | -€4,789 | - |
| Change in cash | - | €2,836 | €160,541 | - | -€13,774 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
Visboetiek Beaufort
BE 0652.881.066
Nieuwpoort · Eq €98,258
Nador
BE 0666.675.357
Antwerpen · Eq €102,149
Jeanke Vis en Mosselhandel
BE 0732.546.968
Boutersem · Eq €102,921
HASYMAR
BE 0447.076.859
Elsene · Eq €94,935
SAINT-PIERRE et GENEPI
BE 0758.955.714
Nivelles · Eq €104,634
Of 466 companies in this sector we hold annual accounts for 269. 219 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
14 eventsLatest 29-07-2026Next filing 31-01-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 179 days late
2025
30-06
Financial
Back to profitnet €8,050
Net result €8,050 after one loss-making year.
28-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
30-06
Financial
Weakest financial yearnet -€17,763
Net result drops to -€17,763, the lowest in the series; recovery starts the following year.
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €9,918 ▲15.8%
Net result €9,918, the highest in the series.
31-12
Financial
Equity above €100,000Eq €109,030 ▲10%
5 profitable years in a row build equity to €109,030.
19-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 80 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
02-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 63 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Support & recognitions
1 register with a recognitionFASFC 1 site
FASFC
1
authorised site
Recognitions · licences · registrations
Food safety, FASFC
1 siteOostendeunit no. 2.097.136.733
Company details
Private limited company · founded 21-12-1999Year ends 30-06Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded21-12-1999
Fiscal year end30-06
Activities, NACEBEL 2025
03210Fishing and aquaculture
47230Retail trade
03110Fishing and aquaculture
46323Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0468550679
Also
9925:BE0468550679
Registered
02-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Oostende · 1 establishment unit since 2000
Ground area
1,328 m²
Building footprint
733 m²
Volume, LiDAR
3,488 m³
Parcel 35382F0550/00E003, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
AQUA CULTUUR OOSTENDE
since 2000unit no. 2.097.136.733
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35382F0550/00E003 | Flanders | 1,328 m² | 1 · 733 m² | 6.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Go further with this company
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