A.C. Processing
ActiveSummary
A.C. Processing has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €151,844 and a net result of €44,940. Equity is growing by ~15.6% per year across the filed fiscal years. Its solvency ranks better than 16% of 7868 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability62▲+6
Solvency40▲+5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity tight (current ratio 1.18 against 1.19 in 2024; short-term debt: 49.9% and cash: 7.3% of total assets), and 85.2% of the assets are financed with debt.
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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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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
14.8%
Return on assets
4.4%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 7868 sector peers (2025).
NBB · sector comparisonPosition among 7868 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-05-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
26 d late
2024
6 d late
2023
4 d early
2022
8 d late
2021
2 d early
2020
59 d late
2019
88 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 26 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€151,844▲ 42.0%
2024 · €106,903
Total assets
€1.0m▼ 5.0%
2024 · €1.1m
Net result
€44,940▲ 129%
2024 · €19,620
Working capital
€93,143▼ 5.4%
2024 · €98,481
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€35,944€33,524€37,023▲ 10.4%€60,627▲ 63.8%€83,265▲ 37.3%
Net result-€43,064▼ 237%€20,814€36,061▲ 73.3%€19,620▼ 45.6%€44,940▲ 129%
Equity€30,408▼ 58.6%€51,222▲ 68.4%€87,283▲ 70.4%€106,903▲ 22.5%€151,844▲ 42.0%
Total assets€542,130▼ 25.4%€618,179▲ 14.0%€500,210▼ 19.1%€1.1m▲ 116%€1.0m▼ 5.0%
Debt€511,722▼ 21.7%€566,957▲ 10.8%€412,927▼ 27.2%€972,667▲ 136%€873,567▼ 10.2%
Working capital€39,117▼ 63.6%€41,648▲ 6.5%€64,550▲ 55.0%€98,481▲ 52.6%€93,143▼ 5.4%
Staff (FTE)1.1▼ 31.3%1.1=1.5▲ 36.4%1.5=2▲ 33.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2024 Total assets +116% on 2023. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 37% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.0m
Fixed assets
€420,646 ▼ 7.4%
Current assets
€604,764 ▼ 3.3%
Equity and liabilities €1.0m
Equity
€151,844 ▲ 42.0%
Debt
€873,567 ▼ 10.2%
Debt's share of the balance-sheet total falls from 90.1% to 85.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€126,963▲
2024 · €98,006
Cash flow
€88,639▲
2024 · €57,000
Current ratio
1.18▼
2024 · 1.19
Quick ratio
0.57▼
2024 · 0.83
Debt to equity
5.75▼
2024 · 9.10
ROE
29.6%▲
2024 · 18.4%
ROA
4.4%▲
2024 · 1.8%
Interest coverage
4.52▲
2024 · 4.20
Debt ≤ 1 year
€511,621▼
2024 · €526,802
Debt > 1 year
€361,946▼
2024 · €445,865
Income taxes
€13,905▼
2024 · €18,061
Staff costs
€114,249▲
2024 · €72,754
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,972 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.2%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% 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%.
| 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 3,972 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €46,403 | €51,670 | €75,147 | €72,754 | €114,249 | ▲ 57.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €34,897 | €33,517 | €31,245 | €37,379 | €43,699 | ▲ 16.9% |
| Other operating charges640/8 | €7,828 | €3,987 | €7,273 | €3,130 | €9,806 | ▲ 213% |
| Gross operating margin9900 | €53,184 | €122,698 | €150,688 | €173,890 | €251,018 | ▲ 44.4% |
| Operating profit (loss)9901 | -€35,944 | €33,524 | €37,023 | €60,627 | €83,265 | ▲ 37.3% |
| Financial income75/76B | €10 | - | €12,501 | €400 | €3,644 | ▲ 811% |
| Recurring financial income75 | €10 | - | €12,501 | €400 | €3,644 | ▲ 811% |
| Financial charges65/66B | €4,660 | €4,501 | €13,080 | €23,346 | €28,064 | ▲ 20.2% |
| Recurring financial charges65 | €4,660 | €4,501 | €13,080 | €23,346 | €28,064 | ▲ 20.2% |
| Profit (loss) for the period before taxes9903 | -€40,594 | €29,023 | €36,444 | €37,681 | €58,845 | ▲ 56.2% |
| Income taxes67/77 | €2,470 | €8,209 | €383 | €18,061 | €13,905 | ▼ 23.0% |
| Profit (loss) for the period9904 | -€43,064 | €20,814 | €36,061 | €19,620 | €44,940 | ▲ 129% |
| Profit (loss) for the period to be appropriated9905 | -€43,064 | €20,814 | €36,061 | €19,620 | €44,940 | ▲ 129% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €542,130 | €618,179 | €500,210 | €1.1m | €1.0m | ▼ 5.0% |
| Fixed assets21/28 | €152,367 | €118,850 | €87,605 | €454,287 | €420,646 | ▼ 7.4% |
| Intangible fixed assets21 | €126,000 | €105,000 | €84,000 | €63,000 | €50,807 | ▼ 19.4% |
| Tangible fixed assets22/27 | €26,367 | €13,850 | €3,605 | €391,287 | €369,839 | ▼ 5.5% |
| Land and buildings22 | - | - | - | €341,641 | €329,955 | ▼ 3.4% |
| Plant, machinery and equipment23 | €8,572 | €3,943 | €1,314 | €8,742 | €7,807 | ▼ 10.7% |
| Furniture and vehicles24 | €17,795 | €9,907 | €2,291 | €40,905 | €32,077 | ▼ 21.6% |
| Current assets29/58 | €389,763 | €499,329 | €412,605 | €625,283 | €604,764 | ▼ 3.3% |
| Stocks and contracts in progress3 | €174,723 | €250,000 | €214,062 | €188,321 | €314,098 | ▲ 66.8% |
| Stocks30/36 | €125,000 | €125,000 | €116,249 | €116,249 | €116,249 | = |
| Contracts in progress37 | €49,723 | €125,000 | €97,814 | €72,072 | €197,850 | ▲ 175% |
| Amounts receivable within one year40/41 | €190,772 | €212,560 | €132,651 | €318,193 | €215,302 | ▼ 32.3% |
| Trade receivables40 | €190,772 | €110,661 | €132,651 | €316,262 | €213,652 | ▼ 32.4% |
| Other amounts receivable41 | - | €101,900 | - | €1,931 | €1,650 | ▼ 14.5% |
| Cash at bank and in hand54/58 | €22,063 | €34,183 | €65,892 | €112,536 | €75,187 | ▼ 33.2% |
| Deferred charges and accrued income490/1 | €2,205 | €2,586 | - | €6,233 | €177 | ▼ 97.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €542,130 | €618,179 | €500,210 | €1.1m | €1.0m | ▼ 5.0% |
| Equity10/15 | €30,408 | €51,222 | €87,283 | €106,903 | €151,844 | ▲ 42.0% |
| Contributions10/11 | €20,451 | €20,451 | €20,451 | €20,451 | €20,451 | = |
| Reserves13 | €9,957 | €30,771 | €66,832 | €86,432 | €130,432 | ▲ 50.9% |
| Distributable reserves133 | €9,957 | €30,771 | €66,832 | €86,432 | €130,432 | ▲ 50.9% |
| Profit (loss) carried forward14 | - | - | - | €20 | €961 | ▲ 4,611% |
| Amounts payable17/49 | €511,722 | €566,957 | €412,927 | €972,667 | €873,567 | ▼ 10.2% |
| Amounts payable after more than one year17 | €158,465 | €106,424 | €64,873 | €445,865 | €361,946 | ▼ 18.8% |
| Financial debts170/4 | €118,465 | €66,424 | €24,873 | €405,865 | €346,946 | ▼ 14.5% |
| Other amounts payable178/9 | €40,000 | €40,000 | €40,000 | €40,000 | €15,000 | ▼ 62.5% |
| Amounts payable within one year42/48 | €350,646 | €457,681 | €348,055 | €526,802 | €511,621 | ▼ 2.9% |
| Current portion of amounts payable after more than one year42 | €31,691 | €35,450 | €27,006 | €37,271 | €42,544 | ▲ 14.1% |
| Financial debts43 | €175,000 | €175,000 | €175,000 | €175,000 | €185,992 | ▲ 6.3% |
| Credit institutions430/8 | €175,000 | €175,000 | €175,000 | €175,000 | €185,992 | ▲ 6.3% |
| Trade debts44 | €75,910 | €61,138 | €52,137 | €108,602 | €145,489 | ▲ 34.0% |
| Suppliers440/4 | €75,910 | €61,138 | €52,137 | €108,602 | €145,489 | ▲ 34.0% |
| Taxes, remuneration and social security45 | €33,040 | €134,501 | €42,453 | €73,683 | €47,874 | ▼ 35.0% |
| Taxes450/3 | €29,395 | €125,094 | €31,878 | €65,781 | €31,929 | ▼ 51.5% |
| Remuneration and social security454/9 | €3,644 | €9,406 | €10,575 | €7,902 | €15,945 | ▲ 102% |
| Other amounts payable47/48 | €35,006 | €51,592 | €51,459 | €132,246 | €89,723 | ▼ 32.2% |
| Accrued charges and deferred income492/3 | €2,611 | €2,852 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€43,064 | €20,814 | €36,061 | €19,620 | €44,940 | ▲ 129% |
| + Depreciation and write-downs630 | €34,897 | €33,517 | €31,245 | €37,379 | €43,699 | ▲ 16.9% |
| Operating cash flow (approximation) | -€8,167 | €54,331 | €67,306 | €57,000 | €88,639 | ▲ 55.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€404,061 | -€10,057 | ▲ 97.5% |
| Change in cash | - | €12,120 | €31,709 | €46,645 | -€37,350 | ▼ 180% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
2025
30-09
Financial
Highest result since 2019net €44,940 ▲129%
Operating result €83,265, net result €44,940, both a record.
30-09
Financial
Equity above €150,000Eq €151,844 ▲42%
4 profitable years in a row build equity to €151,844.
06-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
30-09
Financial
Equity above €100,000Eq €106,903 ▲22.5%
3 profitable years in a row build equity to €106,903.
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
08-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
2022
30-09
Financial
Back to profitnet €20,814
Net result €20,814 after 2 loss-making years.
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet -€43,064
Net result drops to -€43,064, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
2020
27-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
Show earlier events
2018
20-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
26-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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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Directors · office · real estate
Directors
4 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, Roeselare · 2 establishment units since 1994
Ground area
6,198 m²
Building footprint
204 m²
Volume, LiDAR
1,356 m³
2 parcels, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
Romatix
since 19942.069.165.297
Romatix
since 20132.212.483.193
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36005B0535/00F000 | Flanders | 5,204 m² | 1 · 9 m² | 8.1 m · 2 fl. |
| 36017A0742/00V000 | Flanders | 994 m² | 1 · 195 m² | 10.5 m · 2 fl. |
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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 1,862 EUR awarded · 1,862 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,566 EUR | 1,862 EUR |
| 2024 | 1 | 296 EUR | 0 EUR |
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Of 22,831 companies in sector 43211 we hold annual accounts for 10,329. 8,590 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
Founded04-11-1994
Fiscal year end30-09
Trade name NL
Romatix
Activities, NACEBEL 2025
27120Manufacture of electrical equipment
43211General electrical installation work
Contact
E-mail
fvh@groupac.be
Phone
0477860738
E-invoicing
Reachable via Peppol
Peppol ID
0208:0453731356
Registered
23-09-2026
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.