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AC Construct

Active
Private limited companyfounded 20242 yrs activeMeulebekesteenweg 32, 8780 Oostrozebeke, BelgiumKBO/BCE: BE 1008.158.513
Summary

The computed 12-month bankruptcy probability of AC Construct is 2.2% (moderate). The 2024 annual accounts show equity of €44,615 and a net result of €39,615. Its solvency ranks better than 40% of 540 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability100
Solvency54
Growth-
Track record67
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity tight (current ratio 1.44; short-term debt: 57.4% and cash: 6.4% of total assets), and 70.9% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 31
Relative position
BE, all sectors
reference
Manufacture of furniture (NACE 31)
about 43% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 2024
Solvency, return and age of the figures
Solvency
29.1%
Return on assets
25.9%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 1 filing
Deviation from the deadline
2024
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 61 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (1)
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 8 April 2024, AC Construct was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€44,615
Total assets
€153,055
Net result
€39,615
Working capital
€38,482

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €153,055
Fixed assets €26,669
Current assets €126,386
Equity and liabilities €153,055
Equity €44,615
Debt €108,440
Debt finances 70.9% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€69,606
Cash flow
€53,946
Current ratio
1.44
Debt to equity
2.43
ROE
88.8%
ROA
25.9%
Interest coverage
38.20
Debt ≤ 1 year
€87,904
Debt > 1 year
€20,536
Income taxes
€14,102

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.1% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.1% went bankrupt
1.6% stopped otherwise
94% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.2% 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 7,976 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 · 2024 · 40 lines
Balance sheet Code2024
Assets
Total assets20/58€153,055
Fixed assets21/28€26,669
Tangible fixed assets22/27€26,669
Plant, machinery and equipment23€2,000
Furniture and vehicles24€24,669
Current assets29/58€126,386
Amounts receivable within one year40/41€116,645
Trade receivables40€61,528
Other amounts receivable41€55,117
Cash at bank and in hand54/58€9,741
Equity and liabilities
Total equity and liabilities10/49€153,055
Equity10/15€44,615
Contributions10/11€5,000
Reserves13€39,615
Distributable reserves133€39,615
Amounts payable17/49€108,440
Amounts payable after more than one year17€20,536
Financial debts170/4€20,536
Amounts payable within one year42/48€87,904
Current portion of amounts payable after more than one year42€14,987
Trade debts44€57,194
Suppliers440/4€57,194
Taxes, remuneration and social security45€15,007
Taxes450/3€15,007
Other amounts payable47/48€716
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,331
Other operating charges640/8€1,385
Gross operating margin9900€70,991
Operating profit (loss)9901€55,275
Financial income75/76B€264
Recurring financial income75€264
Financial charges65/66B€1,822
Recurring financial charges65€1,822
Profit (loss) for the period before taxes9903€53,717
Income taxes67/77€14,102
Profit (loss) for the period9904€39,615
Profit (loss) for the period to be appropriated9905€39,615
Appropriation of the result
Profit (loss) to be appropriated9906€39,615
Transfer to equity691/2€39,615
To other reserves6921€39,615

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,331
Other operating charges640/8€1,385
Gross operating margin9900€70,991
Operating profit (loss)9901€55,275
Financial income75/76B€264
Recurring financial income75€264
Financial charges65/66B€1,822
Recurring financial charges65€1,822
Profit (loss) for the period before taxes9903€53,717
Income taxes67/77€14,102
Profit (loss) for the period9904€39,615
Profit (loss) for the period to be appropriated9905€39,615
Line2024
Assets
Total assets20/58€153,055
Fixed assets21/28€26,669
Tangible fixed assets22/27€26,669
Plant, machinery and equipment23€2,000
Furniture and vehicles24€24,669
Current assets29/58€126,386
Amounts receivable within one year40/41€116,645
Trade receivables40€61,528
Other amounts receivable41€55,117
Cash at bank and in hand54/58€9,741
Equity and liabilities
Total equity and liabilities10/49€153,055
Equity10/15€44,615
Contributions10/11€5,000
Reserves13€39,615
Distributable reserves133€39,615
Amounts payable17/49€108,440
Amounts payable after more than one year17€20,536
Financial debts170/4€20,536
Amounts payable within one year42/48€87,904
Current portion of amounts payable after more than one year42€14,987
Trade debts44€57,194
Suppliers440/4€57,194
Taxes, remuneration and social security45€15,007
Taxes450/3€15,007
Other amounts payable47/48€716
Line2024
Profit (loss) for the period9904€39,615
+ Depreciation and write-downs630€14,331
Operating cash flow (approximation)€53,946

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

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Oostrozebeke · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1,377 m²
Building footprint
327 m²
Parcel 37010C0646/00K003, Flanders. Linked by address, not a title deed.
1 establishment unit
AC Construct
Meulebekesteenweg 32, 8780 OostrozebekeManufacture of metal structures and parts of structures
since 20242.358.162.050
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37010C0646/00K003 Flanders 1,377 m² 1 · 327 m² -
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

2025 · 1 entry · 291 EUR awarded
Year Entries awardedpaid
2025 1 291 EUR0 EUR
Schemes
1 entry · 291 EUR · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 618 companies in sector 31002 we hold annual accounts for 348. 229 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
Founded08-04-2024
Fiscal year end31-12
Activities, NACEBEL 2025
31002Manufacture of furniture
33200Installation of industrial machinery and equipment
73200Market research and public opinion polling
E-invoicing
Reachable via Peppol
Peppol ID 0208:1008158513
Registered 13-01-2026

Register as of 27 September 2026 · Peppol Directory

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