AC-IMMO
ActiveSummary
AC-IMMO has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €318k and a net result of €2k. Equity is growing by ~30.2% per year across the filed fiscal years. Its solvency ranks better than 40% of 4556 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-4
Solvency52▼-26
Growth78=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 1.87 against 30.38 in 2024; short-term debt: 2.1% and cash: 1.2% of total assets), but 72.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
27.2%
Return on assets
0.1%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 24-12-2025, 38 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
38 d early
2024
34 d early
2023
40 d early
2022
55 d early
2021
24 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2k▼ 91.1%
2024 · €19k
2021: €-2k
2022: €-8k▼ -242% vs 2021lowest in 5 years
2023: €24k▲ +396% vs 2022highest in 5 years
2024: €19k▼ -20.7% vs 2023
2025: €2k▼ -91.1% vs 2024
2021 → 2025
Working capital
€22k▼ 92.9%
2024 · €308k
2021: €5klowest in 5 years
2022: €234k▲ +4442% vs 2021
2023: €277k▲ +18.5% vs 2022
2024: €308k▲ +11.1% vs 2023highest in 5 years
2025: €22k▼ -92.9% vs 2024
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5k-€-3k€303k€319k▲ 5.4%€318k▼ 0.4%
2021: €5k
2022: €-3k▼ -156% vs 2021lowest in 5 years
2023: €303k▲ +10597% vs 2022
2024: €319k▲ +5.4% vs 2023highest in 5 years
2025: €318k▼ -0.4% vs 2024
Operating result€-190-€-2k▼ 1,154%€31k€31k▼ 2.5%€8k▼ 73.9%
2021: €-190
2022: €-2k▼ -1154% vs 2021lowest in 5 years
2023: €31k▲ +1417% vs 2022highest in 5 years
2024: €31k▼ -2.5% vs 2023
2025: €8k▼ -73.9% vs 2024
Net result€-2k-€-8k▼ 242%€24k€19k▼ 20.7%€2k▼ 91.1%
2021: €-2k
2022: €-8k▼ -242% vs 2021lowest in 5 years
2023: €24k▲ +396% vs 2022highest in 5 years
2024: €19k▼ -20.7% vs 2023
2025: €2k▼ -91.1% vs 2024
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 74% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.17M
Fixed assets
€1.12M ▲ 301%
Current assets
€47k ▼ 85.3%
Equity and liabilities €1.17M
Equity
€318k ▼ 0.4%
Debt
€849k ▲ 205%
Debt's share of the balance-sheet total rises from 46.6% to 72.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€64k▼
2024 · €69k
Cash flow
€57k▲
2024 · €57k
Current ratio
1.87▼
2024 · 30.38
Debt to equity
2.67▲
2024 · 0.87
ROE
0.5%▼
2024 · 5.9%
ROA
0.1%▼
2024 · 3.2%
Interest coverage
7.06▼
2024 · 10.98
Debt ≤ 1 year
€25k▲
2024 · €10k
Debt > 1 year
€824k▲
2024 · €268k
Income taxes
€168▼
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€598k€1.17M▲
Fixed assets21/28€280k€1.12M▲
Tangible fixed assets22/27€280k€1.12M▲
Land and buildings22€272k€1.11M▲
Furniture and vehicles24€8k€6k▼
Current assets29/58€319k€47k▼
Amounts receivable within one year40/41€11k€27k▲
Other amounts receivable41€11k€27k▲
Cash at bank and in hand54/58€302k€14k▼
Deferred charges and accrued income490/1€6k€6k▲
Equity and liabilities
Total equity and liabilities10/49€598k€1.17M▲
Equity10/15€319k€318k▼
Contributions10/11€15k€15k=
Reserves13€256k€258k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€254k€256k▲
Profit (loss) carried forward14€30k€30k=
Investment grants15€19k€16k▼
Amounts payable17/49€279k€849k▲
Amounts payable after more than one year17€268k€824k▲
Financial debts170/4-€550k
Other amounts payable178/9€268k€274k▲
Amounts payable within one year42/48€10k€25k▲
Trade debts44€6k€24k▲
Suppliers440/4€6k€24k▲
Taxes, remuneration and social security45€3k-
Taxes450/3€3k-
Other amounts payable47/48€2k€2k=
Accrued charges and deferred income492/3€300-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€56k▲
Other operating charges640/8€11k€12k▲
Gross operating margin9900€80k€76k▼
Operating profit (loss)9901€31k€8k▼
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Financial charges65/66B€6k€9k▲
Recurring financial charges65€6k€9k▲
Profit (loss) for the period before taxes9903€27k€2k▼
Income taxes67/77€8k€168▼
Profit (loss) for the period9904€19k€2k▼
Profit (loss) for the period to be appropriated9905€19k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€48k€31k▼
Profit (loss) brought forward from the previous period14P€30k€30k▲
Transfer to equity691/2€19k€2k▼
To other reserves6921€19k€2k▼
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €987 | €36k | €38k | €56k | ▲ 45.3% |
| Other operating charges640/8 | - | €348 | €6k | €11k | €12k | ▲ 4.3% |
| Gross operating margin9900 | €-190 | €-1k | €73k | €80k | €76k | ▼ 5.9% |
| Operating profit (loss)9901 | €-190 | €-2k | €31k | €31k | €8k | ▼ 73.9% |
| Financial income75/76B | - | - | €3k | €3k | €3k | ▲ 14.4% |
| Recurring financial income75 | - | - | €3k | €3k | €3k | ▲ 14.4% |
| Financial charges65/66B | - | €6k | €6k | €6k | €9k | ▲ 43.7% |
| Recurring financial charges65 | €2k | €6k | €6k | €6k | €9k | ▲ 43.7% |
| Profit (loss) for the period before taxes9903 | €-2k | €-8k | €29k | €27k | €2k | ▼ 93.1% |
| Income taxes67/77 | - | - | €5k | €8k | €168 | ▼ 97.9% |
| Profit (loss) for the period9904 | €-2k | €-8k | €24k | €19k | €2k | ▼ 91.1% |
| Profit (loss) for the period to be appropriated9905 | €-2k | €-8k | €24k | €19k | €2k | ▼ 91.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7k | €255k | €572k | €598k | €1.17M | ▲ 95.2% |
| Fixed assets21/28 | - | €19k | €288k | €280k | €1.12M | ▲ 301% |
| Tangible fixed assets22/27 | - | €19k | €288k | €280k | €1.12M | ▲ 301% |
| Land and buildings22 | - | €19k | €288k | €272k | €1.11M | ▲ 310% |
| Furniture and vehicles24 | - | - | - | €8k | €6k | ▼ 22.2% |
| Current assets29/58 | €7k | €236k | €284k | €319k | €47k | ▼ 85.3% |
| Amounts receivable within one year40/41 | €434 | €581 | €6k | €11k | €27k | ▲ 150% |
| Trade receivables40 | - | €53 | - | - | - | - |
| Other amounts receivable41 | - | €527 | €6k | €11k | €27k | ▲ 150% |
| Cash at bank and in hand54/58 | €6k | €235k | €273k | €302k | €14k | ▼ 95.3% |
| Deferred charges and accrued income490/1 | - | - | €5k | €6k | €6k | ▲ 3.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7k | €255k | €572k | €598k | €1.17M | ▲ 95.2% |
| Equity10/15 | €5k | €-3k | €303k | €319k | €318k | ▼ 0.4% |
| Contributions10/11 | - | €8k | €15k | €15k | €15k | = |
| Reserves13 | - | - | €238k | €256k | €258k | ▲ 0.7% |
| Non-distributable reserves130/1 | - | - | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | - | €2k | €2k | €2k | = |
| Distributable reserves133 | - | - | €235k | €254k | €256k | ▲ 0.7% |
| Profit (loss) carried forward14 | €-2k | €-10k | €30k | €30k | €30k | = |
| Investment grants15 | - | - | €21k | €19k | €16k | ▼ 15.6% |
| Amounts payable17/49 | €2k | €257k | €269k | €279k | €849k | ▲ 205% |
| Amounts payable after more than one year17 | - | €256k | €262k | €268k | €824k | ▲ 207% |
| Financial debts170/4 | - | - | - | - | €550k | - |
| Other amounts payable178/9 | - | €256k | €262k | €268k | €274k | ▲ 2.3% |
| Amounts payable within one year42/48 | €2k | €2k | €7k | €10k | €25k | ▲ 139% |
| Trade debts44 | - | - | €6k | €6k | €24k | ▲ 315% |
| Suppliers440/4 | - | - | €6k | €6k | €24k | ▲ 315% |
| Taxes, remuneration and social security45 | - | - | - | €3k | - | - |
| Taxes450/3 | - | - | - | €3k | - | - |
| Other amounts payable47/48 | - | €2k | €2k | €2k | €2k | = |
| Accrued charges and deferred income492/3 | - | €300 | €300 | €300 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-2k | €-8k | €24k | €19k | €2k | ▼ 91.1% |
| + Depreciation and write-downs630 | - | €987 | €36k | €38k | €56k | ▲ 45.3% |
| Operating cash flow (approximation) | €-2k | €-7k | €59k | €57k | €57k | ▲ 0.3% |
| Investment in fixed assets (approximation) | - | - | €-304k | €-30k | €-897k | ▼ 2,866% |
| Change in cash | - | €229k | €38k | €29k | €-288k | ▼ 1,101% |
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
24-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
28-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
22-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
30-06
Financial
Back to profitnet €24k
Net result €24k after 2 loss-making years.
30-06
Financial
Equity above €200kEq €303k
Equity rises from €-3k to €303k.
2022
07-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
30-06
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity times 35current ratio 155.75
Current ratio from 4.41 to 155.75.
07-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Grâce-Hollogne · 1 establishment unit since 2021
Ground area
4,475 m²
Building footprint
806 m²
Volume, LiDAR
4,060 m³
Parcel 62046A0135/00B004, Wallonia · tallest building 6.3 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
AC-IMMO
since 20212.315.333.283
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62046A0135/00B004 | Wallonia | 4,475 m² | 1 · 806 m² | 6.2 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.
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,384. 3,833 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
Founded16-03-2021
Fiscal year end30-06
Activities, NACEBEL 2025
68110Buying and selling of own real estate
Scores and ratios are computed by Checked and are not a credit decision.