AC INNOV

Active

Private limited companyfounded 20215 yrs activeAssesteenweg 116 A, 1740 Ternat, BelgiumKBO/BCE: BE 0770.733.195

The computed 12-month bankruptcy probability of AC INNOV is 2.9% (moderate). The 2024 annual accounts show equity of €60k and a net result of €-17k. Equity is growing by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 58% of 9980 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

45 / 100

Fair▼ -41 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0▼-100

Solvency95▲+20

Growth52=

Stability94

Bankruptcy probability, 12 months

2.9% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €3k at 30 days acceptable

Liquidity ample (current ratio 2.23 against 1.73 in 2023), but 50.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 41

Relative position

BE, all sectors

reference

Sector 41

higher

← fewer bankruptcies more bankruptcies →

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

49.4%

Return on assets

-14.4%

Age of the figures

20 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-10-2025, 74 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 · 3 filings

Deviation from the deadline

2025

not confirmed

2024

74 d late

2023

181 d late

2022

57 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-17k

2023 · €24k

2022: €51k 2023: €24k

2022 → 2024

Working capital

€53k▼ 30.3%

2023 · €76k

2022: €57k 2023: €76k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Equity€53k-€77k▲ 44.8%€60k▼ 22.5%

Operating result€59k-€42k▼ 28.7%€-13k

Net result€51k-€24k▼ 53.4%€-17k

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2024: a loss of €13k after €42k in 2023, the lowest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €121k

19.9%

80.1%

Fixed assets €24k▲ 11.5%

Current assets €97k▼ 46.5%

Equity and liabilities €121k

49.4%

50.6%

Equity €60k▼ 22.5%

Debt €61k▼ 51.2%

The debt ratio falls from 61.9% to 50.6%: debt falls faster than equity shrinks.

Key figures and ratios

2024 value · change against 2023

EBITDA

€-5k▼

2023 · €49k

Cash flow

€-9k▼

2023 · €30k

Solvency

49.4%▲

2023 · 38.1%

Current ratio

2.23▲

2023 · 1.73

Quick ratio

2.23▲

2023 · 1.73

Debt / equity

1.02▼

2023 · 1.63

ROE

-29.1%▼

2023 · 30.9%

ROA

-14.4%▼

2023 · 11.8%

Interest coverage

-1.47▼

2023 · 75.79

Debt

€61k▼

2023 · €125k

Debt ≤ 1 year

€43k▼

2023 · €104k

Debt > 1 year

€18k▼

2023 · €21k

Income taxes

€368▼

2023 · €19k

Staff costs

€77k▲

2023 · €59k

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€202k€121k▼

Fixed assets21/28€21k€24k▲

Tangible fixed assets22/27€21k€24k▲

Plant, machinery and equipment23€5k€13k▲

Furniture and vehicles24€16k€11k▼

Financial fixed assets28€268€268=

Current assets29/58€180k€97k▼

Amounts receivable within one year40/41€115k€50k▼

Trade receivables40€93k€21k▼

Other amounts receivable41€22k€29k▲

Cash at bank and in hand54/58€66k€46k▼

Deferred charges and accrued income490/1-€542

Equity and liabilities

Total equity and liabilities10/49€202k€121k▼

Equity10/15€77k€60k▼

Contributions10/11€2k€2k=

Profit (loss) carried forward14€75k€58k▼

Amounts payable17/49€125k€61k▼

Amounts payable after more than one year17€21k€18k▼

Financial debts170/4€21k€18k▼

Amounts payable within one year42/48€104k€43k▼

Current portion of amounts payable after more than one year42€5k€3k▼

Trade debts44€70k€25k▼

Suppliers440/4€70k€25k▼

Taxes, remuneration and social security45€12k€15k▲

Taxes450/3€9k€10k▲

Remuneration and social security454/9€3k€5k▲

Other amounts payable47/48€17k-

Income statement Code20232024

Remuneration, social security and pensions62€59k€77k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€8k▲

Other operating charges640/8€1k€1k=

Gross operating margin9900€109k€73k▼

Operating profit (loss)9901€42k€-13k▼

Financial income75/76B€2k-

Recurring financial income75€2k-

Financial charges65/66B€647€4k▲

Recurring financial charges65€647€4k▲

Profit (loss) for the period before taxes9903€43k€-17k▼

Income taxes67/77€19k€368▼

Profit (loss) for the period9904€24k€-17k▼

Profit (loss) for the period to be appropriated9905€24k€-17k▼

Appropriation of the result

Profit (loss) to be appropriated9906€75k€58k▼

Profit (loss) brought forward from the previous period14P€51k€75k▲

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

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Timeline · acts, filings and financial milestones

All 4Financial 1Filings 3

2025

13-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 74 days late

28-01

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 181 days late

2024

31-12

Financial Weakest financial yearnet €-17k ▼173%

Net result drops to €-17k, the lowest in the series.

2023

26-09

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 57 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Ternat · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Assesteenweg 116 A1740 Ternat

Ground area

831 m²

Building footprint

110 m²

Volume, LiDAR

943 m³

2 parcels, Flanders, Wallonia · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

AC INNOV

Rue du Roeulx(M) 146, 7110 La LouvièreGeneral construction of buildings

since 20212.322.507.127

2 parcels

Flanders 1 (50%) Wallonia 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
55026A0134/00A005	Wallonia	749 m²	1 · 51 m²	10.4 m · 3 fl.
23086A0354/00K002	Flanders	82 m²	1 · 58 m²	10.3 m · 3 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

Of 29,551 companies in sector 41001 we hold annual accounts for 15,877. 13,036 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded05-07-2021

Fiscal year end31-12

Activities, NACEBEL

41001General construction of residential buildings

43211General electrical installation work

43320Joinery installation

46130Agents in the wholesale of timber and building materials

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry

E-mail:a.innov.c@gmail.com

Enterprise