Public limited company · founded 2012 · 14 yrs activeIndustrieweg 74, 9032 Gent, BelgiumKBO/BCE: BE 0848.329.633
Summary
AC MATERIALS has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.8m and a net result of €495,032. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 23% of 231 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
How financially healthy the company is, how likely a bankruptcy is and how much credit is sensible. Start here to know whether you can do business safely.
Score 2025
Checked score
A figure from 0 to 100 for financial health from the latest annual accounts: the higher, the healthier. Without a figure, the card says why. A low score is a reason to look closely at payment terms and security.
Four sides of financial health side by side. You see at a glance where the company is strong and where it is vulnerable.
Profitability54▼-8
Solvency45▼-2
Growth84▼-1
Track record100
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that this company goes bankrupt within twelve months. A low chance is reassuring; with a higher one, agree shorter payment terms or an advance.
0.8%Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €280,000 at 30 days acceptable
Liquidity short (current ratio 0.94 against 0.93 in 2024; short-term debt: 75.3% and cash: 3.4% of total assets), and 79.5% of the assets are financed with debt.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 84 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
○
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
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
History
The company's story in a few sentences, from the company register, the Belgian State Gazette and the filed annual accounts. Each number opens the document the sentence rests on.
On 29 August 2012, AC MATERIALS was incorporated by ACLAGRO and LT CAPITAL & ADVICE, with a starting capital of EUR 300,000.12The capital was increased 2 times between 2013 and 2015, most recently to EUR 2.1 million.34GARDIN was merged into the company in 2014.5Of the 3 current board members, LeFun has served longest, since 2022.6Revenue went from EUR 17 million in 2018 to EUR 58 million in 2025 and headcount from 69.8 to 83.4 full-time equivalents.7
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 38, Waste collection, recovery and disposal activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
Net result€491,275within the sector's middle half▼ 40.8%-€903,748below the sector's middle half€1.8mabove the sector's middle half€1.2mabove the sector's middle half▼ 33.8%€495,032within the sector's middle half▼ 57.5%
Equity€4.8mwithin the sector's middle half=€3.9mwithin the sector's middle half▼ 19.0%€5.1mwithin the sector's middle half▲ 32.7%€5.8mwithin the sector's middle half▲ 13.0%€5.8mwithin the sector's middle half▼ 0.1%
Total assets€20.2mabove the sector's middle half▼ 5.4%€21.7mabove the sector's middle half▲ 7.3%€25.3mabove the sector's middle half▲ 16.7%€25.9mabove the sector's middle half▲ 2.1%€28.2mabove the sector's middle half▲ 8.9%
Working capital-€161,014▲ 56.6%-€1.5m▼ 858%-€930,062▲ 39.7%-€1.2m▼ 33.1%-€1.2m▲ 0.3%
Solvency23.5%within the sector's middle half▲ 1.3pp17.7%below the sector's middle half▼ 5.8pp20.2%within the sector's middle half▲ 2.4pp22.3%within the sector's middle half▲ 2.2pp20.5%below the sector's middle half▼ 1.8pp
Staff (FTE)85.6above the sector's middle half▲ 4.4%80.8above the sector's middle half▼ 5.6%76.4above the sector's middle half▼ 5.4%77.2above the sector's middle half▲ 1.0%83.4above the sector's middle half▲ 8.0%
abovewithinbelowthe middle half (P25 to P75) of NACE 38, Waste collection, recovery and disposal activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 58% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €28.2m
29.1%
70.9%
Fixed assets€8.2m ▲ 0.3%
Current assets€20.0m ▲ 12.9%
Equity and liabilities €28.2m
20.5%
79.4%
Equity€5.8m ▼ 0.1%
Provisions€35,000
Debt€22.4m ▲ 11.3%
Debt's share of the balance-sheet total rises from 77.7% to 79.4%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.8m▼
2024 · €2.6m
Cash flow
€1.6m▼
2024 · €2.2m
Current ratio
0.94▲
2024 · 0.93
Quick ratio
0.80▲
2024 · 0.79
Debt to equity
3.88▲
2024 · 3.48
ROE
8.6%▼
2024 · 20.2%
ROA
1.8%▼
2024 · 4.5%
Interest coverage
5.31▼
2024 · 6.38
Debt ≤ 1 year
€21.2m▲
2024 · €18.9m
Debt > 1 year
€1.1m▼
2024 · €1.1m
Income taxes
€13,497▼
2024 · €271,068
Staff costs
€6.8m▲
2024 · €6.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observation
Peer companies
What happened to companies that once looked just like this one does now. It describes the group, not this company: the figures are counted, not predicted.
Of the 289 companies that looked in July 2024 the way this one looks now, 0% went bankrupt within 24 months and 97% are still going.
Medium-sized
10 to 20 years old
solvency 10 to 30%
a profit under 5% of the balance sheet
0%went bankrupt
3.1%stopped otherwise
97%still going
For this company itself Checked computes a higher bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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 289 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 accountsAs filed with the NBB · 2025 against 2024 · 88 lines
Balance sheetCode20242025
Assets
Total assets20/58€25.9m€28.2m▲
Fixed assets21/28€8.2m€8.2m▲
Intangible fixed assets21€522,303€438,697▼
Tangible fixed assets22/27€7.7m€7.8m▲
Land and buildings22€2.4m€2.1m▼
Plant, machinery and equipment23€4.1m€3.8m▼
Furniture and vehicles24€19,112€15,020▼
Leasing and similar rights25€182,135€106,986▼
Other tangible fixed assets26€406,353€338,384▼
Assets under construction and advance payments27€498,685€1.3m▲
Current assets29/58€17.7m€20.0m▲
Stocks and contracts in progress3€2.8m€3.0m▲
Stocks30/36€2.8m€3.0m▲
Raw materials and consumables30/31€2.0m€2.0m▲
Work in progress32€100,261€94,231▼
Finished goods33€619,102€771,234▲
Goods purchased for resale34€135,286€155,483▲
Amounts receivable within one year40/41€12.9m€14.9m▲
Trade receivables40€11.4m€11.3m▼
Other amounts receivable41€1.5m€3.5m▲
Cash at bank and in hand54/58€1.1m€961,570▼
Deferred charges and accrued income490/1€964,623€1.1m▲
Equity and liabilities
Total equity and liabilities10/49€25.9m€28.2m▲
Equity10/15€5.8m€5.8m▼
Contributions10/11€2.1m€2.1m=
Capital10€2.1m€2.1m=
Issued capital100€2.1m€2.1m=
Reserves13€629,273€629,273=
Non-distributable reserves130/1€207,847€207,847=
Legal reserve130€207,847€207,847=
Tax-exempt reserves132€101,026€101,026=
Distributable reserves133€320,400€320,400=
Profit (loss) carried forward14€3.1m€3.1m▼
Provisions and deferred taxes16-€35,000
Provisions for liabilities and charges160/5-€35,000
Other liabilities and charges164/5-€35,000
Amounts payable17/49€20.1m€22.4m▲
Amounts payable after more than one year17€1.1m€1.1m▼
Financial debts170/4€1.1m€1.1m▼
Leasing and similar obligations172€134,506€95,829▼
Credit institutions173€975,000€1.0m▲
Amounts payable within one year42/48€18.9m€21.2m▲
Current portion of amounts payable after more than one year42€465,453€463,678▼
Financial debts43€3.7m€3.6m▼
Credit institutions430/8€3.7m€3.6m▼
Trade debts44€11.7m€13.3m▲
Suppliers440/4€11.7m€13.3m▲
Advances received on contracts in progress46€1.6m€2.2m▲
Taxes, remuneration and social security45€956,159€1.1m▲
Taxes450/3€109,446€135,249▲
Remuneration and social security454/9€846,714€950,730▲
Other amounts payable47/48€500,000€500,000=
Accrued charges and deferred income492/3€50,403€60,067▲
Income statementCode20242025
Operating income70/76A€58.4m€58.2m▼
Turnover70€57.6m€57.5m▼
Change in stocks of work in progress, finished goods and contracts in progress71€60,445€146,103▲
Own construction capitalised72-€12,713
Other operating income74€699,587€610,335▼
Operating charges60/66A€56.8m€57.6m▲
Goods for resale, raw materials and consumables60€40.8m€41.3m▲
Purchases600/8€40.8m€41.3m▲
Change in stocks: decrease (increase)609-€63,668-€48,741▲
Services and other goods61€8.3m€8.1m▼
Remuneration, social security and pensions62€6.0m€6.8m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.1m€1.1m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€339,390-€213,116▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€35,000
Other operating charges640/8€384,004€431,768▲
Non-recurring operating charges66A-€425
Operating profit (loss)9901€1.6m€666,558▼
Financial income75/76B€302,532€194,950▼
Recurring financial income75€302,532€194,950▼
Income from current assets751€114,034€55,449▼
Other financial income752/9€188,497€139,501▼
Financial charges65/66B€438,842€352,979▼
Recurring financial charges65€438,842€352,979▼
Debt charges650€411,911€336,311▼
Other financial charges652/9€26,931€16,668▼
Profit (loss) for the period before taxes9903€1.4m€508,530▼
Income taxes67/77€271,068€13,497▼
Taxes670/3€271,068€13,497▼
Profit (loss) for the period9904€1.2m€495,032▼
Profit (loss) for the period to be appropriated9905€1.2m€495,032▼
Appropriation of the result
Profit (loss) to be appropriated9906€3.6m€3.6m▼
Profit (loss) brought forward from the previous period14P€2.4m€3.1m▲
Profit to be distributed694/7€500,000€500,000=
Directors or managers695€500,000€500,000=
Social balance
Average headcount (FTE)908777.283.4▲
The notes to these accounts (76 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Line
2021
2022
2023
2024
2025
Change
Operating income70/76A
€45.0m
€48.3m
€55.8m
€58.4m
€58.2m
▼ 0.2%
Turnover70
€43.7m
€47.9m
€54.8m
€57.6m
€57.5m
▼ 0.2%
Change in stocks of work in progress, finished goods and contracts in progress71
€99,771
-€374,117
-€53,992
€60,445
€146,103
▲ 142%
Own construction capitalised72
€4,788
-
-
-
€12,713
-
Other operating income74
€1.2m
€792,215
€871,482
€699,587
€610,335
▼ 12.8%
Non-recurring operating income76A
-
-
€204,500
-
-
-
Operating charges60/66A
€44.6m
€49.2m
€53.4m
€56.8m
€57.6m
▲ 1.4%
Goods for resale, raw materials and consumables60
€32.8m
€36.5m
€39.3m
€40.8m
€41.3m
▲ 1.2%
Purchases600/8
€32.7m
€36.8m
€39.3m
€40.8m
€41.3m
▲ 1.2%
Change in stocks: decrease (increase)609
€22,772
-€369,270
€4,004
-€63,668
-€48,741
▲ 23.4%
Services and other goods61
€5.2m
€6.2m
€7.1m
€8.3m
€8.1m
▼ 2.0%
Remuneration, social security and pensions62
€5.5m
€5.2m
€5.6m
€6.0m
€6.8m
▲ 14.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630
€875,747
€840,443
€872,987
€1.1m
€1.1m
▲ 5.7%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4
€11,847
€77,064
€274,845
€339,390
-€213,116
▼ 163%
Provisions for liabilities and charges: additions (uses and reversals)635/8
-
-
-
-
€35,000
-
Other operating charges640/8
€288,174
€354,782
€305,505
€384,004
€431,768
▲ 12.4%
Non-recurring operating charges66A
-
-
-
-
€425
-
Operating profit (loss)9901
€334,261
-€912,424
€2.4m
€1.6m
€666,558
▼ 57.6%
Financial income75/76B
€328,213
€283,068
€244,634
€302,532
€194,950
▼ 35.6%
Recurring financial income75
€328,213
€283,068
€244,634
€302,532
€194,950
▼ 35.6%
Income from current assets751
€90,113
€48,628
€33,230
€114,034
€55,449
▼ 51.4%
Other financial income752/9
€238,100
€234,440
€211,404
€188,497
€139,501
▼ 26.0%
Financial charges65/66B
€144,847
€275,944
€437,576
€438,842
€352,979
▼ 19.6%
Recurring financial charges65
€144,847
€275,944
€437,576
€438,842
€352,979
▼ 19.6%
Debt charges650
€132,072
€260,759
€417,926
€411,911
€336,311
▼ 18.4%
Other financial charges652/9
€12,775
€15,185
€19,650
€26,931
€16,668
▼ 38.1%
Profit (loss) for the period before taxes9903
€517,628
-€905,300
€2.2m
€1.4m
€508,530
▼ 64.6%
Income taxes67/77
€26,352
-€1,552
€412,706
€271,068
€13,497
▼ 95.0%
Taxes670/3
€26,352
€2,600
€412,706
€271,068
€13,497
▼ 95.0%
Tax adjustments and reversals of tax provisions77
-
€4,152
-
-
-
-
Profit (loss) for the period9904
€491,275
-€903,748
€1.8m
€1.2m
€495,032
▼ 57.5%
Transfer from tax-exempt reserves789
-
-
€320,400
-
-
-
Profit (loss) for the period to be appropriated9905
€491,275
-€903,748
€2.1m
€1.2m
€495,032
▼ 57.5%
Line
2021
2022
2023
2024
2025
Change
Assets
Total assets20/58
€20.2m
€21.7m
€25.3m
€25.9m
€28.2m
▲ 8.9%
Fixed assets21/28
€6.3m
€7.3m
€7.6m
€8.2m
€8.2m
▲ 0.3%
Intangible fixed assets21
€115,817
€127,185
€93,579
€522,303
€438,697
▼ 16.0%
Tangible fixed assets22/27
€6.2m
€7.2m
€7.5m
€7.7m
€7.8m
▲ 1.4%
Land and buildings22
€3.2m
€2.9m
€2.7m
€2.4m
€2.1m
▼ 11.9%
Plant, machinery and equipment23
€2.0m
€1.7m
€4.3m
€4.1m
€3.8m
▼ 7.4%
Furniture and vehicles24
€3,731
€2,104
€497
€19,112
€15,020
▼ 21.4%
Leasing and similar rights25
€256,171
€158,904
€64,370
€182,135
€106,986
▼ 41.3%
Other tangible fixed assets26
€499,194
€432,264
€431,020
€406,353
€338,384
▼ 16.7%
Assets under construction and advance payments27
€142,856
€1.9m
€10,720
€498,685
€1.3m
▲ 169%
Current assets29/58
€14.0m
€14.4m
€17.8m
€17.7m
€20.0m
▲ 12.9%
Stocks and contracts in progress3
€2.8m
€2.8m
€2.7m
€2.8m
€3.0m
▲ 6.9%
Stocks30/36
€2.8m
€2.8m
€2.7m
€2.8m
€3.0m
▲ 6.9%
Raw materials and consumables30/31
€1.5m
€1.7m
€1.8m
€2.0m
€2.0m
▲ 1.4%
Work in progress32
€86,201
€81,776
€170,747
€100,261
€94,231
▼ 6.0%
Finished goods33
€1.0m
€631,133
€488,171
€619,102
€771,234
▲ 24.6%
Goods purchased for resale34
€153,094
€339,027
€241,105
€135,286
€155,483
▲ 14.9%
Amounts receivable within one year40/41
€9.2m
€9.7m
€11.3m
€12.9m
€14.9m
▲ 15.5%
Trade receivables40
€8.2m
€9.0m
€10.0m
€11.4m
€11.3m
▼ 0.3%
Other amounts receivable41
€1.1m
€741,663
€1.2m
€1.5m
€3.5m
▲ 136%
Cash at bank and in hand54/58
€1.8m
€1.1m
€3.0m
€1.1m
€961,570
▼ 8.6%
Deferred charges and accrued income490/1
€107,742
€861,614
€849,844
€964,623
€1.1m
▲ 18.4%
Equity and liabilities
Total equity and liabilities10/49
€20.2m
€21.7m
€25.3m
€25.9m
€28.2m
▲ 8.9%
Equity10/15
€4.8m
€3.9m
€5.1m
€5.8m
€5.8m
▼ 0.1%
Contributions10/11
€2.1m
€2.1m
€2.1m
€2.1m
€2.1m
=
Capital10
€2.1m
€2.1m
€2.1m
€2.1m
€2.1m
=
Issued capital100
€2.1m
€2.1m
€2.1m
€2.1m
€2.1m
=
Reserves13
€629,273
€629,273
€629,273
€629,273
€629,273
=
Non-distributable reserves130/1
€207,847
€207,847
€207,847
€207,847
€207,847
=
Legal reserve130
€207,847
€207,847
€207,847
€207,847
€207,847
=
Tax-exempt reserves132
€421,426
€421,426
€101,026
€101,026
€101,026
=
Distributable reserves133
-
-
€320,400
€320,400
€320,400
=
Profit (loss) carried forward14
€2.0m
€1.1m
€2.4m
€3.1m
€3.1m
▼ 0.2%
Provisions and deferred taxes16
-
-
-
-
€35,000
-
Provisions for liabilities and charges160/5
-
-
-
-
€35,000
-
Other liabilities and charges164/5
-
-
-
-
€35,000
-
Amounts payable17/49
€15.5m
€17.9m
€20.2m
€20.1m
€22.4m
▲ 11.3%
Amounts payable after more than one year17
€1.3m
€1.8m
€1.4m
€1.1m
€1.1m
▼ 1.2%
Financial debts170/4
€1.3m
€1.8m
€1.4m
€1.1m
€1.1m
▼ 1.2%
Leasing and similar obligations172
€114,651
€34,108
€3,051
€134,506
€95,829
▼ 28.8%
Credit institutions173
€1.2m
€1.8m
€1.4m
€975,000
€1.0m
▲ 2.6%
Amounts payable within one year42/48
€14.1m
€15.9m
€18.7m
€18.9m
€21.2m
▲ 12.0%
Current portion of amounts payable after more than one year42
€405,975
€358,445
€456,057
€465,453
€463,678
▼ 0.4%
Financial debts43
€2.5m
€4.0m
€4.1m
€3.7m
€3.6m
▼ 2.7%
Credit institutions430/8
€2.5m
€4.0m
€4.1m
€3.7m
€3.6m
▼ 2.7%
Trade debts44
€7.7m
€8.9m
€9.6m
€11.7m
€13.3m
▲ 13.9%
Suppliers440/4
€7.7m
€8.9m
€9.6m
€11.7m
€13.3m
▲ 13.9%
Advances received on contracts in progress46
€2.1m
€1.7m
€2.8m
€1.6m
€2.2m
▲ 38.0%
Taxes, remuneration and social security45
€962,152
€900,865
€1.3m
€956,159
€1.1m
▲ 13.6%
Taxes450/3
€67,426
€42,094
€431,408
€109,446
€135,249
▲ 23.6%
Remuneration and social security454/9
€894,726
€858,771
€822,093
€846,714
€950,730
▲ 12.3%
Other amounts payable47/48
€490,000
-
€500,875
€500,000
€500,000
=
Accrued charges and deferred income492/3
€90,636
€92,823
€124,479
€50,403
€60,067
▲ 19.2%
Line
2021
2022
2023
2024
2025
Change
Profit (loss) for the period9904
€491,275
-€903,748
€1.8m
€1.2m
€495,032
▼ 57.5%
+ Depreciation and write-downs630
€875,747
€840,443
€872,987
€1.1m
€1.1m
▲ 5.7%
Operating cash flow (approximation)
€1.4m
-€63,305
€2.6m
€2.2m
€1.6m
▼ 27.4%
Investment in fixed assets (approximation)
-
-€1.9m
-€1.1m
-€1.7m
-€1.1m
▲ 31.4%
Change in cash
-
-€789,363
€1.9m
-€1.9m
-€90,737
▲ 95.2%
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
What happened to the company over the years, from its founding to recent changes. Many changes in a short time are a reason to ask questions.
Next filing, fiscal year 2026, expected by
31-07-2027
2026
10-04
NBB filingAnnual accounts filed
fiscal year 2025 · full schema
2025
09-04
NBB filingAnnual accounts filed
fiscal year 2024 · full schema
2024
14-10
State Gazette actResignation: LeFun BV (director)
Permanent representative: Jan Van Nuffel6 facts ▸
Board meeting, 20-09-2024
Director resignation, LeFun BV (director)
Director resignation, LeFun BV (managing director)
Director resignation, LeFun BV (day-to-day manager)
Permanent representative, Jan Van Nuffel
Board resolution, no replacement provided
08-05
State Gazette actReappointments: Square Group (director) and Jean-Marie de Buck van Overstraeten (director)
Permanent representative: Sylva Mannens · Appointments: Jean-Marie de Buck van Overstraeten (managing director) and Square Group (managing director) · Resignations: Jean-Marie de Buck van Overstraeten (day-to-day manager) and Square Group (day-to-day manager)10 facts ▸
General meeting, 28-03-2024
Director reappointment, Square Group (director)
Director reappointment, Jean-Marie de Buck van Overstraeten (director)
Permanent representative, Sylva Mannens
Board meeting, 28-03-2024
Director appointment, Jean-Marie de Buck van Overstraeten (managing director)
Director appointment, Square Group (managing director)
Director resignation, Jean-Marie de Buck van Overstraeten (day-to-day manager)
Director resignation, Square Group (day-to-day manager)
Director reappointment, Jean-Marie de Buck van Overstraeten (chair of the board)
17-04
NBB filingAnnual accounts filed
fiscal year 2023 · full schema
2023
31-12
FinancialBack to profitnet €1.8m
Net result €1.8m after one loss-making year.
31-12
FinancialEquity above €5mEq €5.1m ▲32.7%
Equity rises from €3.9m to €5.1m.
06-06
State Gazette actReappointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)
Auditor reappointment, Ernst & Young Bedrijfsrevisoren (statutory auditor)
Permanent representative, Marleen Mannekens
23-04
NBB filingAnnual accounts filed
fiscal year 2018 · full schema
2018
27-12
State Gazette actReappointment: JM de Buck van Overstraeten (director)
Resignation: BVBA LT Capital & Advice (director) · Appointments: Square Group NV (director) and JM de Buck van Overstraeten (managing director) · Permanent representative: Sylva Mannens8 facts ▸
General meeting, 11-12-2018
Director reappointment, JM de Buck van Overstraeten (director)
Director resignation, BVBA LT Capital & Advice (director)
Director appointment, Square Group NV (director)
Permanent representative, Sylva Mannens
Board meeting, 11-12-2018
Director appointment, JM de Buck van Overstraeten (managing director)
Director appointment, Square Group NV (managing director)
19-12
NBB filingAnnual accounts filed
fiscal year 2018 · full schema
29-11
State Gazette actAlgemene Vergadering - Boekjaar
Statutes amendment4 facts ▸
General meeting, 21-11-2018
Statutes amendment
Statutes amendment
Statutes amendment
09-01
NBB filingAnnual accounts filed
fiscal year 2017 · full schema
2017
02-01
State Gazette actAppointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)
Share issue, 738, vergoeding van het gehele vermogen van de naamloze vennootschap "GARDIN"
Capital, €2.664.763,97
Accounting effect, 01-01-2014
Permanent representative, Sylva Mannens
Merger, geen opleg in geld
26-05
State Gazette actRestructuring
Merger · Capital · Share issue9 facts ▸
Board meeting, 13-05-2014
Merger, absorption
Capital, €828.715,72
Capital, €250.000
Share issue, 738, merger consideration
Accounting effect, 01-01-2014
Real estate, Onroerend goed te 8000 Brugge, sectie N, nummers 446/N en 446/P, oppervlakte 5ha30a80ca. Vruchtgebruik (18 jaar vanaf 03/04/2014) en recht van opstal (22 jaar v…
Statutes amendment
Self share exclusion, art. 740, §2, 1° W. Venn., 1
17-03
State Gazette actStatutes amendment
4 facts ▸
General meeting, 27-02-2014
Statutes amendment
Statutes amendment
Statutes amendment
2013
10-12
State Gazette actAppointment: Ernst & Young Lippens & Rabaey Audit BV CVBA (statutory auditor)
Personnel transfer, Personnel exclusively working within the Bedrijfstak is transferred together with the business division
Asset exclusion, Components used jointly for the Bedrijfstak and other divisions retained by the Inbrengende Vennootschap are not included; separate contracts will be concluded…
Profit participation, 01-10-2012
Purpose compatibility, The purpose of the Verkrijgende Vennootschap already encompasses the activities of the Bedrijfstak; no change to the purpose is required
2012
19-09
State Gazette actAppointments: Jean-Marie de Buck van Overstraeten (managing director) and LT Capital & Advice (managing director)
Permanent representative: Sylva Mannens6 facts ▸
Board meeting, 29-08-2012
Director appointment, Jean-Marie de Buck van Overstraeten (managing director)
Director appointment, Jean-Marie de Buck van Overstraeten (belast met dagelijks bestuur)
Director appointment, LT Capital & Advice (managing director)
Director appointment, LT Capital & Advice (belast met dagelijks bestuur)
Permanent representative, Sylva Mannens
10-09
State Gazette actIncorporation
Appointments: LT CAPITAL & ADVICE (director) and Jean-Marie Stanislas Pierre Antoine Ghislain de Buck van Overstraeten (director) · Permanent representative: Sylva Jeanne Madeleine Mannens · Founding capital8 facts ▸
Incorporation, 29-08-2012
Founding capital, €300.000
Bank account, KBC Bank NV
Director appointment, LT CAPITAL & ADVICE (director)
Director appointment, Jean-Marie Stanislas Pierre Antoine Ghislain de Buck van Overstraeten (director)
Mandate compensation, LT CAPITAL & ADVICE
Mandate compensation, Jean-Marie Stanislas Pierre Antoine Ghislain de Buck van Overstraeten
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
19 of 20 acts read
About the unread acts
Of the 20 Belgian State Gazette acts we know for this company, 19 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Who runs the company and where it is based. It tells you who you are talking to and whether the address checks out.
Directors
Directors
Who runs the company today and since when, grouped the way the CBE groups its function holders. Many recent board changes are a reason to keep a close eye.
3 directors, 3 in day-to-day management, last change in 2024
Statutory auditor · since 13-12-2016 · perm. rep.: Brecht Deketele
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
1 of this company's 20 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Location & real estate
Where the company is based and which parcels are linked to its addresses. An address shared by many companies is often a registered-office service.
Industrieweg 74, 9032 GentManufacture of other non-metallic mineral products
since 20122.212.367.981
AC Materials
Nijverheidstraat 7, 2870 Puurs-Sint-AmandsManufacture of other non-metallic mineral products
since 20122.212.368.278
AC Materials
Gentsesteenweg 1, 9520 Sint-Lievens-HoutemManufacture of other non-metallic mineral products
since 20122.212.368.377
AC Materials
Impulsstraat 29, 2220 Heist-op-den-BergManufacture of other non-metallic mineral products
since 20202.302.783.958
AC Materials
Christoffel Columbuslaan 20, 9940 EvergemManufacture of other non-metallic mineral products
since 20212.322.824.851
6 parcels
Flanders6(100%)
Parcel (capakey)
Region
Area
Buildings
Height / fl.
43006G0377/00A000
Flanders
14.6 ha
-
-
44074C0132/00C000
Flanders
6.4 ha
1 · 9,970 m²
15.1 m · 4 fl.
12032B0483/00E000
Flanders
5.7 ha
1 · 196 m²
3.8 m · 1 fl.
12322I0718/00B000
Flanders
3.1 ha
1 · 1,826 m²
10.6 m · 2 fl.
31810N0431/00B002
Flanders
2.0 ha
-
-
41072C0063/00Y003
Flanders
1.1 ha
1 · 3,510 m²
8.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
6 of 6 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
Mandate history
Who held which function and when, per person: one bar per period, from appointment to resignation or to today. An open left edge means the mandate began before the oldest act we hold.
10 people since 2012, 7 in office
Board
Day-to-day management
Statutory auditor
not recently confirmed
began earlier
Mandates per person, with start and end dates
Name
Functions and periods20122014201620182020202220242026
Het storten, het recycleren, het reinigen en het opslaan van alle bouw- en slooppuin. Handel in grondstoffen voor de bouw. Het storten, het opslaan, het reinigen, de overname en…
Full purpose
Het storten, het recycleren, het reinigen en het opslaan van alle bouw- en slooppuin. Handel in grondstoffen voor de bouw. Het storten, het opslaan, het reinigen, de overname en administratieve behandeling van uitgegraven bodem. Handel in uitgegraven bodem. Het vervaardigen, het vervoer, de verkoop en het aanbrengen van beton en alle complementaire en aanverwante industrièle en commerciële activiteiten.
Who owns the company and which companies it holds shares in, as the companies file it in their annual accounts. It shows which group it belongs to and who ultimately stands behind it.
The accounts to 31-12-2025 list no holdings, and no other source names one.
According to the 2025 annual accounts of AC MATERIALS and those of the other companies, the acts in the Belgian Gazette and the LEI register.
The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
Connections & network
Which other companies are linked to this one through directors or shares. Look especially for linked companies in trouble.
4 connected companies
Depth
Shared directors
This companyCompanyDirectorShareholding+N: links not shown yetClick a node to look further, drag to arrange, scroll to zoom.
Of 978 companies in sector 38210 we hold annual accounts for 585. 323 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Company details
The company's official details: legal form, status, activities and founding date. Useful to draw up an invoice or contract correctly.
Identification
Legal formPublic limited company
Founded29-08-2012
Fiscal year end31-12
Activities, NACEBEL 2025
23630Manufacture of other non-metallic mineral products
38210Materials recovery from waste
23610Manufacture of other non-metallic mineral products