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AC

Active
Public limited companyfounded 199234 yrs activeVenstraat 51, 2900 Schoten, BelgiumKBO/BCE: BE 0446.477.538
Summary

AC has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €152,160 and a net result of -€2,233. Equity is growing by ~51.3% per year across the filed fiscal years. Its solvency ranks better than 76% of 8085 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability17▼-71
Solvency95▲+2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 3.38 against 3.1 in 2024; short-term debt: 29.6% of total assets), and 29.6% of the assets are financed with debt.
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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 date
Age against the risk zone
highest failure risk from 2 to 8 years 34 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 filings
Deviation from the deadline
2025
28 d late
2024
61 d late
2023
55 d late
2022
70 d late
2021
78 d late
2020
286 d late
2019
122 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 100 days after 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
26-09-2026 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

On 31 January 1992, AC was incorporated.1 Total assets went from EUR 26,358 in 2018 to EUR 216,030 in 2025.2

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

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Financials · fiscal year 2025, abbreviated schema

Equity
€152,160▼ 1.4%
2024 · €154,392
Total assets
€216,030▼ 5.0%
2024 · €227,518
Net result
-€2,233
2024 · €35,040
Working capital
€152,028▼ 1.2%
2024 · €153,870
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€21,181▲ 87.1%€39,805▲ 87.9%€68,019▲ 70.9%€52,478▼ 22.8%-€6,891
Net result€17,908▲ 73.3%€17,078▼ 4.6%€53,248▲ 212%€35,040▼ 34.2%-€2,233
Equity€49,027▲ 57.5%€66,104▲ 34.8%€119,353▲ 80.6%€154,392▲ 29.4%€152,160▼ 1.4%
Total assets€131,425▲ 27.3%€161,564▲ 22.9%€192,769▲ 19.3%€227,518▲ 18.0%€216,030▼ 5.0%
Debt€82,398▲ 14.3%€95,459▲ 15.9%€73,416▼ 23.1%€73,126▼ 0.4%€63,870▼ 12.7%
Working capital€50,407▲ 52.4%€65,724▲ 30.4%€118,509▲ 80.3%€153,870▲ 29.8%€152,028▼ 1.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000€60,000Operating result 2021: €21,181€21,181Net result 2021: €17,908€17,908Operating result 2022: €39,805€39,805Net result 2022: €17,078€17,078Operating result 2023: €68,019€68,019Net result 2023: €53,248€53,248Operating result 2024: €52,478€52,478Net result 2024: €35,040€35,040Operating result 2025: -€6,891-€6,891Net result 2025: -€2,233-€2,23320212022202320242025-€20,000€0€20,000€40,000€60,000Operating result 2023: €68,019€68,000Net result 2023: €53,248€53,200Operating result 2024: €52,478€52,500Net result 2024: €35,040€35,000Operating result 2025: -€6,891-€6,890Net result 2025: -€2,233-€2,230202320242025
The operating result turns negative in 2025: a loss of €6,891 after €52,478 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €216,030
Fixed assets €132 ▼ 74.8%
Current assets €215,898 ▼ 4.9%
Equity and liabilities €216,030
Equity €152,160 ▼ 1.4%
Debt €63,870 ▼ 12.7%
Debt's share of the balance-sheet total falls from 32.1% to 29.6%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€6,500▼
2024 · €52,974
Cash flow
-€1,842▼
2024 · €35,535
Current ratio
3.38▲
2024 · 3.10
Debt to equity
0.42▼
2024 · 0.47
ROE
-1.5%▼
2024 · 22.7%
ROA
-1.0%▼
2024 · 15.4%
Interest coverage
-5.66▼
2024 · 110.95
Debt ≤ 1 year
€63,870▼
2024 · €73,126
Income taxes
€5,643▼
2024 · €20,448
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet Code20242025
Assets
Total assets20/58€227,518€216,030▼
Fixed assets21/28€522€132▼
Tangible fixed assets22/27€522€132▼
Furniture and vehicles24€522€132▼
Current assets29/58€226,996€215,898▼
Amounts receivable within one year40/41€226,419€215,898▼
Trade receivables40€68€7,867▲
Other amounts receivable41€226,351€208,031▼
Cash at bank and in hand54/58€0-
Deferred charges and accrued income490/1€577€0▼
Equity and liabilities
Total equity and liabilities10/49€227,518€216,030▼
Equity10/15€154,392€152,160▼
Contributions10/11€30,987€30,987=
Capital10€30,987€30,987=
Issued capital100€30,987€30,987=
Reserves13€123,405€121,173▼
Non-distributable reserves130/1€3,099€3,099=
Legal reserve130€3,099€3,099=
Distributable reserves133€120,307€118,074▼
Amounts payable17/49€73,126€63,870▼
Amounts payable within one year42/48€73,126€63,870▼
Financial debts43€6,544€9,997▲
Credit institutions430/8€6,544€9,997▲
Trade debts44€13,290€1,756▼
Suppliers440/4€13,290€1,756▼
Taxes, remuneration and social security45€23,753€26,091▲
Taxes450/3€23,753€26,091▲
Other amounts payable47/48€29,538€26,027▼
Accrued charges and deferred income492/3€0-
Income statement Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€496€391▼
Other operating charges640/8€200€906▲
Gross operating margin9900€53,174-€5,594▼
Operating profit (loss)9901€52,478-€6,891▼
Financial income75/76B€3,487€11,449▲
Recurring financial income75€3,487€11,449▲
Financial charges65/66B€477€1,148▲
Recurring financial charges65€477€1,148▲
Profit (loss) for the period before taxes9903€55,487€3,410▼
Income taxes67/77€20,448€5,643▼
Profit (loss) for the period9904€35,040-€2,233▼
Profit (loss) for the period to be appropriated9905€35,040-€2,233▼
Appropriation of the result
Profit (loss) to be appropriated9906€35,040-€2,233▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2-€2,233
Transfer to equity691/2€35,040€0▼
To the legal reserve6920€0-
To other reserves6921€35,040€0▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A-€765€2,066€0--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€524€366€534€496€391▼ 21.2%
Other operating charges640/8-€1,299€991€200€906▲ 353%
Gross operating margin9900€21,706€41,470€69,543€53,174-€5,594▼ 111%
Operating profit (loss)9901€21,181€39,805€68,019€52,478-€6,891▼ 113%
Financial income75/76B€3,091€6,923€10,676€3,487€11,449▲ 228%
Recurring financial income75€3,091€6,923€10,676€3,487€11,449▲ 228%
Financial charges65/66B€1,140€1,441€1,142€477€1,148▲ 140%
Recurring financial charges65€1,140€1,441€1,142€477€1,148▲ 140%
Profit (loss) for the period before taxes9903€23,132€45,286€77,552€55,487€3,410▼ 93.9%
Income taxes67/77€5,224€28,208€24,304€20,448€5,643▼ 72.4%
Profit (loss) for the period9904€17,908€17,078€53,248€35,040-€2,233▼ 106%
Profit (loss) for the period to be appropriated9905€17,908€17,078€53,248€35,040-€2,233▼ 106%
Line20212022202320242025Change
Assets
Total assets20/58€131,425€161,564€192,769€227,518€216,030▼ 5.0%
Fixed assets21/28€747€380€1,018€522€132▼ 74.8%
Tangible fixed assets22/27€747€380€1,018€522€132▼ 74.8%
Furniture and vehicles24€747€380€1,018€522€132▼ 74.8%
Current assets29/58€130,678€161,184€191,751€226,996€215,898▼ 4.9%
Stocks and contracts in progress3€2,100€2,100€0---
Stocks30/36€2,100€2,100€0---
Amounts receivable within one year40/41€128,361€151,102€187,307€226,419€215,898▼ 4.6%
Trade receivables40€53,996€8,581€16,725€68€7,867▲ 11,459%
Other amounts receivable41€74,364€142,521€170,582€226,351€208,031▼ 8.1%
Cash at bank and in hand54/58€51€7,981€3,867€0--
Deferred charges and accrued income490/1€167€0€577€577€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€131,425€161,564€192,769€227,518€216,030▼ 5.0%
Equity10/15€49,027€66,104€119,353€154,392€152,160▼ 1.4%
Contributions10/11€30,987€30,987€30,987€30,987€30,987=
Capital10€30,987€30,987€30,987€30,987€30,987=
Issued capital100€30,987€30,987€30,987€30,987€30,987=
Reserves13-€17,078€88,366€123,405€121,173▼ 1.8%
Non-distributable reserves130/1-€854€3,099€3,099€3,099=
Legal reserve130-€854€3,099€3,099€3,099=
Distributable reserves133-€16,224€85,267€120,307€118,074▼ 1.9%
Profit (loss) carried forward14€18,040€18,040€0---
Amounts payable17/49€82,398€95,459€73,416€73,126€63,870▼ 12.7%
Amounts payable within one year42/48€80,271€95,459€73,242€73,126€63,870▼ 12.7%
Financial debts43€2,924€0-€6,544€9,997▲ 52.8%
Credit institutions430/8€2,924€0-€6,544€9,997▲ 52.8%
Trade debts44€23,858€32,918€13,338€13,290€1,756▼ 86.8%
Suppliers440/4€23,858€32,918€13,338€13,290€1,756▼ 86.8%
Advances received on contracts in progress46€11,195€6,353€0---
Taxes, remuneration and social security45€13,530€27,174€30,439€23,753€26,091▲ 9.8%
Taxes450/3€13,530€27,174€30,439€23,753€26,091▲ 9.8%
Other amounts payable47/48€28,765€29,015€29,466€29,538€26,027▼ 11.9%
Accrued charges and deferred income492/3€2,127€0€174€0--
Line20212022202320242025Change
Profit (loss) for the period9904€17,908€17,078€53,248€35,040-€2,233▼ 106%
+ Depreciation and write-downs630€524€366€534€496€391▼ 21.2%
Operating cash flow (approximation)€18,432€17,444€53,782€35,535-€1,842▼ 105%
Investment in fixed assets (approximation)-€0-€1,172€0€0-
Change in cash-€7,931-€4,114-€3,867--

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
28-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial Weakest financial yearnet -€2,233
Net result drops to -€2,233, the lowest in the series.
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial Equity above €150,000Eq €154,392 ▲29.4%
7 profitable years in a row build equity to €154,392.
24-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
2023
31-12
Financial Highest result since 2018net €53,248 ▲212%
Operating result €68,019, net result €53,248, both a record.
31-12
Financial Equity above €100,000Eq €119,353 ▲80.6%
6 profitable years in a row build equity to €119,353.
09-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
17-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
13-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 286 days late
2020
30-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
30-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
24-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 55 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
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.

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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, Schoten · 1 establishment unit since 1992
seat establishment The establishment unit on the map
Ground area
250 m²
Building footprint
103 m²
Volume, LiDAR
566 m³
Parcel 11442C0149/00W002, Flanders · tallest building 10.1 m, ±1 floor. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Venstraat 51, 2900 Schoten
NACE 22150
since 19922.056.171.752
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11442C0149/00W002 Flanders 250 m² 1 · 103 m² 10.1 m · 1 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.

Similar companies · same sector, comparable size

Of 2,119 companies in sector 46500 we hold annual accounts for 1,403. 1,069 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded31-01-1992
Fiscal year end31-12
Activities, NACEBEL 2025
46500Wholesale of information and communication equipment
47400Retail sale of information and communication equipment
58210Publishing activities
58290Other software publishing
62900Other information technology and computer services
62100Computer programming
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities

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