AC IMMO
ActiveAC IMMO has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €259k and a net result of €29k. Equity is growing by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 45% of 9690 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
83
/ 100
Excellent▲ +2 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability56▼-20
Solvency63▲+9
Growth58=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 2.49 against 2.26 in 2023), but 74.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
51 d early
2022
45 d early
2021
32 d early
2020
18 d early
2019
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€259k▲ 12.5%
2023 · €230k
2018: €348k
2019: €104k
2020: €147k
2021: €174k
2022: €195k
2023: €230k
2018 → 2024
Total assets
€1.01M▼ 5.5%
2023 · €1.06M
2018: €1.71M
2019: €1.36M
2020: €1.30M
2021: €1.18M
2022: €1.12M
2023: €1.06M
2018 → 2024
Net result
€29k▼ 17.2%
2023 · €35k
2018: €-264k
2019: €-264k
2020: €26k
2021: €27k
2022: €21k
2023: €35k
2018 → 2024
Working capital
€279k▲ 20.0%
2023 · €233k
2018: €238k
2019: €41k
2020: €90k
2021: €138k
2022: €179k
2023: €233k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€147k-€174k▲ 18.2%€195k▲ 12.0%€230k▲ 17.8%€259k▲ 12.5%
Operating result€35k-€34k▼ 2.0%€30k▼ 11.9%€52k▲ 72.9%€54k▲ 3.6%
Net result€26k-€27k▲ 2.0%€21k▼ 21.8%€35k▲ 66.1%€29k▼ 17.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 4% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.01M
Fixed assets
€539k▼ 16.7%
Current assets
€466k▲ 11.8%
Equity and liabilities €1.01M
Equity
€259k▲ 12.5%
Provisions
€46k▼ 16.7%
Debt
€701k▼ 10.0%
The debt ratio falls from 73.2% to 69.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€162k▲
2023 · €160k
Cash flow
€137k▼
2023 · €143k
Solvency
25.7%▲
2023 · 21.6%
Current ratio
2.49▲
2023 · 2.26
Quick ratio
2.49▲
2023 · 2.26
Debt / equity
2.71▼
2023 · 3.39
ROE
11.1%▼
2023 · 15.1%
ROA
2.9%▼
2023 · 3.3%
Interest coverage
10.57▲
2023 · 9.14
Debt
€701k▼
2023 · €779k
Debt ≤ 1 year
€187k▲
2023 · €184k
Debt > 1 year
€514k▼
2023 · €595k
Income taxes
€19k▲
2023 · €9k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.06M€1.01M▼
Fixed assets21/28€647k€539k▼
Tangible fixed assets22/27€647k€539k▼
Land and buildings22€647k€539k▼
Current assets29/58€417k€466k▲
Amounts receivable within one year40/41€370k€402k▲
Trade receivables40€11k€0▼
Other amounts receivable41€359k€402k▲
Cash at bank and in hand54/58€47k€64k▲
Equity and liabilities
Total equity and liabilities10/49€1.06M€1.01M▼
Equity10/15€230k€259k▲
Contributions10/11€25k€25k=
Reserves13€205k€234k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€172k€145k▼
Distributable reserves133€33k€89k▲
Profit (loss) carried forward14€0-
Provisions and deferred taxes16€55k€46k▼
Deferred taxes168€55k€46k▼
Amounts payable17/49€779k€701k▼
Amounts payable after more than one year17€595k€514k▼
Financial debts170/4€595k€514k▼
Amounts payable within one year42/48€184k€187k▲
Current portion of amounts payable after more than one year42€80k€81k▲
Trade debts44€2k€514▼
Suppliers440/4€2k€514▼
Taxes, remuneration and social security45€2k€5k▲
Taxes450/3€2k€5k▲
Other amounts payable47/48€101k€100k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€108k€108k=
Other operating charges640/8€12k€13k▲
Gross operating margin9900€172k€174k▲
Operating profit (loss)9901€52k€54k▲
Financial charges65/66B€17k€15k▼
Recurring financial charges65€17k€15k▼
Profit (loss) for the period before taxes9903€34k€38k▲
Transfer from deferred taxes780€9k€9k=
Income taxes67/77€9k€19k▲
Profit (loss) for the period9904€35k€29k▼
Transfer from tax-exempt reserves789€27k€27k=
Profit (loss) for the period to be appropriated9905€62k€56k▼
Appropriation of the result
Profit (loss) to be appropriated9906€29k€56k▲
Profit (loss) brought forward from the previous period14P€-34k€0▲
Transfer to equity691/2€29k€56k▲
To other reserves6921€29k€56k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €35k ▲66.1%
Net result €35k, the highest in the series.
31-12
Financial
Equity above €200kEq €230k ▲17.8%
4 profitable years in a row build equity to €230k.
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €150kEq €174k ▲18.2%
2 profitable years in a row build equity to €174k.
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €26k
Net result €26k after 2 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Merksplas · 1 establishment unit since 2016
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.
Heidestraat 612330 MerksplasGround area
5,874 m²
Building footprint
2,765 m²
Volume, LiDAR
1,210 m³
2 parcels, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AC IMMO
since 20162.256.930.276
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13004D0328/00A000 | Flanders | 5,018 m² | 1 · 2,579 m² | 0.7 m |
| 13023F0390/00B000 | Flanders | 856 m² | 1 · 186 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
Nippora Vastgoed
BE 0634.805.018
Turnhout · Eq €261k
MAO IMMO
BE 0822.167.941
Evere · Eq €256k
H.M.P.
BE 0877.995.894
Rumst · Eq €262k
SILVERLINE
BE 0504.973.684
Schoten · Eq €255k
PROMOLYS
BE 0431.718.195
Oostrozebeke · Eq €254k
Of 1,288 companies in sector 68122 we hold annual accounts for 897. 587 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-08-1996
Fiscal year end31-12
Activities, NACEBEL
68122Development of non-residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.