AC-GROUP
ActiveAC-GROUP has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €308k and a net result of €9k. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 54% of 27358 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
86
/ 100
Excellent▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability15▼-53
Solvency96▲+3
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.66 against 2.07 in 2024), and 49.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 43
higher
← 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
50.8%
Return on assets
1.5%
Age of the figures
11 mo
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 05-05-2026, 5 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
5 d late
2024
on the day
2023
on the day
2022
2 d late
2021
1 d late
2020
on the day
2019
on the day
← before the deadline
after the deadline →
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
13-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€308k▲ 3.0%
2024 · €299k
2018: €82k
2019: €98k
2020: €150k
2021: €199k
2022: €234k
2023: €258k
2024: €299k
2018 → 2025
Total assets
€607k▼ 3.0%
2024 · €626k
2018: €140k
2019: €199k
2020: €322k
2021: €383k
2022: €625k
2023: €638k
2024: €626k
2018 → 2025
Net result
€9k▼ 78.0%
2024 · €41k
2018: €11k
2019: €16k
2020: €53k
2021: €48k
2022: €35k
2023: €25k
2024: €41k
2018 → 2025
Working capital
€130k▼ 10.4%
2024 · €145k
2018: €67k
2019: €62k
2020: €115k
2021: €137k
2022: €78k
2023: €113k
2024: €145k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€199k-€234k▲ 17.6%€258k▲ 10.7%€299k▲ 15.8%€308k▲ 3.0%
Operating result€61k-€49k▼ 18.6%€36k▼ 27.6%€52k▲ 45.6%€14k▼ 72.7%
Net result€48k-€35k▼ 27.5%€25k▼ 29.0%€41k▲ 63.9%€9k▼ 78.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 73% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €607k
Fixed assets
€399k▲ 15.6%
Current assets
€208k▼ 25.9%
Equity and liabilities €607k
Equity
€308k▲ 3.0%
Debt
€299k▼ 8.6%
The debt ratio falls from 52.2% to 49.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€63k▼
2024 · €99k
Cash flow
€58k▼
2024 · €88k
Solvency
50.8%▲
2024 · 47.8%
Current ratio
2.66▲
2024 · 2.07
Quick ratio
2.14▲
2024 · 2.00
Debt / equity
0.97▼
2024 · 1.09
ROE
2.9%▼
2024 · 13.6%
ROA
1.5%▼
2024 · 6.5%
Interest coverage
11.56▼
2024 · 24.23
Debt
€299k▼
2024 · €327k
Debt ≤ 1 year
€78k▼
2024 · €136k
Debt > 1 year
€220k▲
2024 · €191k
Income taxes
€1k▼
2024 · €11k
Staff costs
€98k▲
2024 · €77k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€626k€607k▼
Fixed assets21/28€345k€399k▲
Tangible fixed assets22/27€343k€397k▲
Land and buildings22€274k€367k▲
Plant, machinery and equipment23€12k€7k▼
Furniture and vehicles24€55k€18k▼
Other tangible fixed assets26€2k€5k▲
Financial fixed assets28€2k€2k=
Current assets29/58€281k€208k▼
Stocks and contracts in progress3€10k€41k▲
Stocks30/36€10k€41k▲
Amounts receivable within one year40/41€192k€73k▼
Trade receivables40€186k€70k▼
Other amounts receivable41€6k€3k▼
Cash at bank and in hand54/58€78k€94k▲
Deferred charges and accrued income490/1€2k€496▼
Equity and liabilities
Total equity and liabilities10/49€626k€607k▼
Equity10/15€299k€308k▲
Contributions10/11€12k€12k=
Reserves13€80k€80k=
Distributable reserves133€80k€80k=
Profit (loss) carried forward14€207k€216k▲
Amounts payable17/49€327k€299k▼
Amounts payable after more than one year17€191k€220k▲
Financial debts170/4€191k€220k▲
Amounts payable within one year42/48€136k€78k▼
Current portion of amounts payable after more than one year42€25k€26k▲
Financial debts43-€5k
Other loans439-€5k
Trade debts44€87k€23k▼
Suppliers440/4€87k€23k▼
Taxes, remuneration and social security45€24k€25k▲
Taxes450/3€11k€5k▼
Remuneration and social security454/9€12k€20k▲
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Remuneration, social security and pensions62€77k€98k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€49k▲
Other operating charges640/8€5k€13k▲
Gross operating margin9900€182k€174k▼
Operating profit (loss)9901€52k€14k▼
Financial income75/76B€4k€1k▼
Recurring financial income75€4k€1k▼
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€52k€10k▼
Income taxes67/77€11k€1k▼
Profit (loss) for the period9904€41k€9k▼
Profit (loss) for the period to be appropriated9905€41k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€217k€216k▼
Profit (loss) brought forward from the previous period14P€176k€207k▲
Transfer to equity691/2€10k-
To other reserves6921€10k-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
2025
30-09
Financial
Weakest financial yearnet €9k ▼78%
Net result drops to €9k, the lowest in the series.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
30-09
Financial
Equity above €200kEq €234k ▲17.6%
5 profitable years in a row build equity to €234k.
01-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Highest result since 2018net €53k ▲239%
Operating result €71k, net result €53k, both a record.
30-09
Financial
Equity above €150kEq €150k ▲54.1%
3 profitable years in a row build equity to €150k.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
15-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 15 days late
2018
30-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2024
Ayhan PAMUK
CurrentDirector · since 20-03-2024
20-03-2024
Resigned as Director
20-03-2024
Appointed as Director
Location & real-estate footprint
Registered office, Antwerpen · 3 establishment units since 2009
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Karmelietenstraat 772600 AntwerpenGround area
838 m²
Building footprint
369 m²
Volume, LiDAR
2,261 m³
3 parcels, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
Karmelietenstraat 77, 2600 Antwerpen
since 20092.176.947.739
AC-GROUP
since 20132.215.678.849
PsP- Parket
since 20212.316.373.163
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11051C0237/00E011 | Flanders | 310 m² | 1 · 204 m² | 7.7 m · 2 fl. |
| 11302A0313/00F003 | Flanders | 310 m² | 1 · 58 m² | 10.6 m · 3 fl. |
| 11003A0358/00F003 | Flanders | 219 m² | 1 · 106 m² | 9.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 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
2022 to 2025 · 3 entries · 5,000 EUR awarded · 5,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
| 2022 | 1 | 1,000 EUR | 1,000 EUR |
Schemes
Premie kwalificerend werkplekleren
Stagebonus (stopgezet)
Recognitions · licences · registrations
Dual-learning approval
15 endedSimilar companies · same sector, comparable size
B&S ECOTECHNIEKEN
BE 0697.697.541
Ieper · Eq €308k
KSW TRADE
BE 0787.350.780
Sankt Vith · Eq €308k
FIERS INTERNATIONAL
BE 0521.833.175
Merelbeke-Melle · Eq €308k
Vlegels Philippe
BE 0874.943.958
Lievegem · Eq €308k
BTVS
BE 0783.854.525
Puurs-Sint-Amands · Eq €308k
Of 22,728 companies in sector 43211 we hold annual accounts for 10,270. 7,492 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-02-2009
Fiscal year end30-09
Activities, NACEBEL
43211General electrical installation work
43332Laying of wooden floor and wall coverings
43222Installation of electric heating, air conditioning, cooling and ventilation
46832Wholesale of timber
47522Retail trade
47529Retail trade
47540Retail sale of electrical household appliances
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.