A-C PROJECTS
ActiveSummary
A-C PROJECTS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53,819 and a net result of -€6,752. Equity is growing by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 63% of 11472 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability10▼-80
Solvency83▼-3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 5.74 against 6.38 in 2024; short-term debt: 15.1% and cash: 3.6% of total assets), and 42.1% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : 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○neutral
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
57.9%
Return on assets
-7.3%
Age of the figures
18 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 03-10-2025, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
2 d early
2023
4 d early
2022
10 d early
2021
3 d early
2020
1 d early
2019
7 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 8 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close27-09-2026 today31-10-2026 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€53,819▼ 11.1%
2024 · €60,571
Total assets
€92,873▼ 6.2%
2024 · €99,014
Net result
-€6,752
2024 · €16,732
Working capital
€66,626▼ 7.9%
2024 · €72,350
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€24,776▲ 37,622%-€6,958€5,998€17,668▲ 195%-€5,989
Net result€24,432▲ 93,365%-€7,905€4,844€16,732▲ 245%-€6,752
Equity€46,900▲ 109%€38,995▼ 16.9%€43,839▲ 12.4%€60,571▲ 38.2%€53,819▼ 11.1%
Total assets€117,231▲ 16.6%€100,177▼ 14.5%€97,833▼ 2.3%€99,014▲ 1.2%€92,873▼ 6.2%
Debt€70,331▼ 9.9%€61,181▼ 13.0%€53,994▼ 11.7%€38,443▼ 28.8%€39,053▲ 1.6%
Working capital€85,179▲ 37.3%€77,488▼ 9.0%€80,648▲ 4.1%€72,350▼ 10.3%€66,626▼ 7.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5,989 after €17,668 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €92,873
Fixed assets
€12,193 ▼ 7.8%
Current assets
€80,679 ▼ 6.0%
Equity and liabilities €92,873
Equity
€53,819 ▼ 11.1%
Debt
€39,053 ▲ 1.6%
Debt's share of the balance-sheet total rises from 38.8% to 42.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€3,117▼
2024 · €19,045
Cash flow
-€3,880▼
2024 · €18,109
Current ratio
5.74▼
2024 · 6.38
Quick ratio
5.06▼
2024 · 6.38
Debt to equity
0.73▲
2024 · 0.63
ROE
-12.5%▼
2024 · 27.6%
ROA
-7.3%▼
2024 · 16.9%
Interest coverage
-5.41▼
2024 · 25.36
Debt ≤ 1 year
€14,053▲
2024 · €13,443
Debt > 1 year
€25,000=
2024 · €25,000
Income taxes
€187▲
2024 · €185
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,916 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
1.1%
went bankrupt
7.8%
stopped otherwise
91%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% 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 6,916 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €5,822 | €2,000 | €399 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €650 | €676 | €428 | €1,377 | €2,872 | ▲ 109% |
| Other operating charges640/8 | - | €903 | €40,184 | €1,786 | €1,764 | ▼ 1.2% |
| Gross operating margin9900 | €27,281 | -€5,379 | €46,610 | €20,830 | -€1,353 | ▼ 106% |
| Operating profit (loss)9901 | €24,776 | -€6,958 | €5,998 | €17,668 | -€5,989 | ▼ 134% |
| Financial income75/76B | - | €2 | €0 | - | €0 | - |
| Recurring financial income75 | €1 | €2 | €0 | - | €0 | - |
| Financial charges65/66B | - | €755 | €945 | €751 | €576 | ▼ 23.3% |
| Recurring financial charges65 | €274 | €755 | €945 | €751 | €576 | ▼ 23.3% |
| Profit (loss) for the period before taxes9903 | €24,503 | -€7,711 | €5,054 | €16,917 | -€6,565 | ▼ 139% |
| Income taxes67/77 | €71 | €194 | €210 | €185 | €187 | ▲ 1.3% |
| Profit (loss) for the period9904 | €24,432 | -€7,905 | €4,844 | €16,732 | -€6,752 | ▼ 140% |
| Profit (loss) for the period to be appropriated9905 | €24,432 | -€7,905 | €4,844 | €16,732 | -€6,752 | ▼ 140% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €117,231 | €100,177 | €97,833 | €99,014 | €92,873 | ▼ 6.2% |
| Fixed assets21/28 | €1,935 | €1,507 | €3,192 | €13,221 | €12,193 | ▼ 7.8% |
| Tangible fixed assets22/27 | €1,935 | €1,507 | €1,080 | €11,109 | €10,081 | ▼ 9.2% |
| Plant, machinery and equipment23 | - | €699 | €478 | €10,323 | €9,624 | ▼ 6.8% |
| Furniture and vehicles24 | - | €808 | €601 | €786 | €458 | ▼ 41.8% |
| Financial fixed assets28 | - | - | €2,112 | €2,112 | €2,112 | = |
| Current assets29/58 | €115,296 | €98,669 | €94,641 | €85,794 | €80,679 | ▼ 6.0% |
| Stocks and contracts in progress3 | €17,788 | €17,788 | €0 | - | €9,500 | - |
| Stocks30/36 | - | €17,788 | €0 | - | €9,500 | - |
| Amounts receivable within one year40/41 | €72,158 | €75,476 | €82,126 | €82,123 | €65,040 | ▼ 20.8% |
| Trade receivables40 | - | €72,061 | €82,126 | €82,008 | €65,040 | ▼ 20.7% |
| Other amounts receivable41 | - | €3,414 | €0 | €115 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €23,048 | €4,144 | €10,900 | €1,818 | €3,381 | ▲ 86.0% |
| Deferred charges and accrued income490/1 | - | €1,262 | €1,616 | €1,853 | €2,759 | ▲ 48.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €117,231 | €100,177 | €97,833 | €99,014 | €92,873 | ▼ 6.2% |
| Equity10/15 | €46,900 | €38,995 | €43,839 | €60,571 | €53,819 | ▼ 11.1% |
| Contributions10/11 | - | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Reserves13 | €319 | €319 | €319 | €319 | €0 | ▼ 100% |
| Non-distributable reserves130/1 | - | €319 | €319 | €0 | - | - |
| Reserves not available under the articles1311 | - | €319 | €319 | €0 | - | - |
| Distributable reserves133 | - | - | - | €319 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | -€53,419 | -€61,324 | -€56,480 | -€39,748 | -€46,181 | ▼ 16.2% |
| Amounts payable17/49 | €70,331 | €61,181 | €53,994 | €38,443 | €39,053 | ▲ 1.6% |
| Amounts payable after more than one year17 | €40,000 | €40,000 | €40,000 | €25,000 | €25,000 | = |
| Financial debts170/4 | - | €40,000 | €40,000 | €25,000 | €25,000 | = |
| Amounts payable within one year42/48 | €30,117 | €21,181 | €13,994 | €13,443 | €14,053 | ▲ 4.5% |
| Financial debts43 | - | - | - | €24 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €24 | €0 | ▼ 100% |
| Trade debts44 | €10,930 | €12,501 | €295 | €2,467 | €4,291 | ▲ 73.9% |
| Suppliers440/4 | - | €12,501 | €295 | €2,467 | €4,291 | ▲ 73.9% |
| Taxes, remuneration and social security45 | - | €220 | €8,109 | €8,300 | €459 | ▼ 94.5% |
| Taxes450/3 | - | €220 | €8,109 | €8,300 | €459 | ▼ 94.5% |
| Other amounts payable47/48 | - | €8,460 | €5,590 | €2,652 | €9,304 | ▲ 251% |
| Accrued charges and deferred income492/3 | - | €0 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,432 | -€7,905 | €4,844 | €16,732 | -€6,752 | ▼ 140% |
| + Depreciation and write-downs630 | €650 | €676 | €428 | €1,377 | €2,872 | ▲ 109% |
| Operating cash flow (approximation) | €25,081 | -€7,229 | €5,272 | €18,109 | -€3,880 | ▼ 121% |
| Investment in fixed assets (approximation) | - | -€248 | -€2,112 | -€11,406 | -€1,845 | ▲ 83.8% |
| Change in cash | - | -€18,904 | €6,756 | -€9,082 | €1,563 | ▲ 117% |
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
2025
03-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Back to profitnet €4,844
Net result €4,844 after one loss-making year.
2022
21-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Weakest financial yearnet -€7,905
Net result drops to -€7,905, the lowest in the series; recovery starts the following year.
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Highest result since 2019net €24,432 ▲93,365%
Operating result €24,776, net result €24,432, both a record.
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Back to profitnet €26
Net result €26 after one loss-making year.
2019
24-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
23-09
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 3 acts read
About the unread acts
We know of 3 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
3 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, Bocholt · 1 establishment unit since 2007
Ground area
1,653 m²
Building footprint
232 m²
Volume, LiDAR
1,317 m³
Parcel 72003C0099/00A000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
A-C PROJECTS
since 20072.164.053.469
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72003C0099/00A000 | Flanders | 1,653 m² | 1 · 232 m² | 8.6 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 884 EUR awarded · 884 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 168 EUR | 168 EUR |
| 2024 | 1 | 147 EUR | 147 EUR |
| 2023 | 1 | 117 EUR | 117 EUR |
| 2022 | 1 | 452 EUR | 452 EUR |
Similar companies · same sector, comparable size
DDR Invest
BE 0808.331.286
Essen · Eq €53,832
E-MERGING DIGITAL
BE 0746.356.206
Geer · Eq €53,889
DCL DEWIT
BE 1007.347.077
Haacht · Eq €53,748
SMBe-partner
BE 0792.166.138
Geer · Eq €53,910
Quality Broker 4 You
BE 0505.618.933
Leuven · Eq €53,637
Of 4,414 companies in sector 46180 we hold annual accounts for 1,887. 1,368 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
Founded27-06-2007
Fiscal year end31-03
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
64210Activities of holding companies
68110Buying and selling of own real estate
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0890818801
Also
9925:BE0890818801
Registered
06-01-2026
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.