Result
€495,032 ▼ 57.5%
The result fell in 2025 from €1.2m to €495,032.
AC MATERIALS
Part of the group
30 companies in 3 countries
Lifetime
12 annual accounts with figures on one time axis, 13 filings since 2014peak €57.6m (2024)
€57.5m▼ 0.2%
lowest -€1.3m (2015)
€495,032▼ 57.5%
peak €5.8m (2024)
€5.8m▼ 0.1%
€22.4m▲ 11.3%
peak 85.6 FTE (2021)
83.4 FTE▲ 8.0%
Board7 names since 2012
2 directors and 1 other
Owners3 names in the annual accounts
100% and 1 other
Documentsfilings and deeds
10-04-2026112 days before the deadline
2025financial year
Result from €1.2m to €495,032Staff from 77.2 FTE to 83.4 FTE
Key points
from the 2025 annual accountsDebts
€22.4m 79% of the balance sheet
Financial debts 21%Suppliers 60%Taxes and wages 5%Other 15%
€5.0m of the debts are secured on the company's own assets. In 2021 that was €3.8m.
Securities
€3.7m
Mortgage mandates, new in 2025. 64.1% of equity · not in the 2024 accounts.
Staff
88 employees on 31-12-2025
In 2025, 17 people joined and 10 left. On top of that, 2.6 agency workers worked there on average.
Filings
12 annual accounts 13 filings since 2014
The last five annual accounts were filed 96 to 113 days before the end of the period.
At the same address
11 companies
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 289 companies had the same profile as AC MATERIALS has now. Each dot is one company, two years later.
96.9%
were still trading
3.1%
stopped another way
0.0%
went bankrupt
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 289 companies, not a prediction for AC MATERIALS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Chair
Daily manager,
Director,
Auditor,
- 100%score equity €31.9m (2025) · annual accounts 2025
Recent changes
Environmental permit granted
Bouwen of herbouwen · Provincie Oost-Vlaanderen
Reappointment: (statutory auditor)
Permanent representative: · General meeting of 26-03-2026 · Gazette deed
Environmental permit granted
Nieuwbouw of aanleggen · Provincie Antwerpen
Environmental permit granted
Bouwen of herbouwen, Een grond gebruiken, aanleggen of inrichten, Het reliëf van de bodem aanmerkelijk wijzigen and 2 more · Provincie Oost-Vlaanderen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| AC MATERIALS Ghent | €57.5m | 1.2% | 20.5% | 83.4 |
| UVELIA Herstal | €56.0m | 0.2% | 4.7% | 85.8 |
| RECYDEL Liège | €45.4m | 5.0% | 44.2% | 78 |
| RAVAGO PRODUCTION Arendonk | €37.0m | 5.2% | 40.3% | 199.1 |
| BEL FIBRES Saint-Ghislain | €40.9m | 1.9% | 24.0% | 51.7 |
| EUREGIO RECYCLING BELGIUM Zutendaal | €73.5m | 4.4% | 21.1% | 32.2 |
| BRUXELLES ENERGIE - BRUSSEL ENERGIE Brussels | €49.5m | 3.6% | 64.6% | 117.5 |
Grey: the largest companies of the sector (waste collection and treatment (NACE 38)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as AC MATERIALS: materials recovery from waste (NACE 38210). They are comparable in size and age: total assets between €17m and €58m, founded between 1997 and 2017.
Official details
Source: KBO- Status
- Active since 29-08-2012Normal situation
- Registered office
- 12 active companies are registered at this addressSource: KBO register, as of 12 November 2026.
- Activity
- Materials recovery from wasteNACE 38210and 2 others
- Joint committees
- 124Construction
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment units
- 2.018.189.6218380 Bruges, since 01-01-1981
- 2.212.367.9819032 Ghent, since 01-09-2012and 4 others
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €28.2m▲ 8.9%
- Employeeson 31-12-2025
- 88▲ 8.6%
- Filing
- Filed on 10-04-2026, 112 days before the end of the filing period
Companies linked to AC MATERIALS
Parent and group
Insights on AC MATERIALS
AC MATERIALS has existed since 2012. Turnover grew from €21.6m in 2015 to €57.5m in 2025 and staff from 65.1 to 83.4 full-time equivalents.
holds all the shares. In August 2022, the Official Gazette published the appointment of as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about AC MATERIALS
- What is the company number of AC MATERIALS?
- The company number of AC MATERIALS is 0848.329.633. The VAT number is the same number with BE in front: BE 0848.329.633.
- Where is AC MATERIALS based?
- The registered office is at Industrieweg 74, 9032 Ghent.Company details
- What does AC MATERIALS do?
- According to the KBO register, the main activity is materials recovery from waste (NACE 38210).
- What is the legal form of AC MATERIALS?
- AC MATERIALS is a public limited company (NV).
- When was AC MATERIALS founded?
- AC MATERIALS was founded on 29-08-2012.
- Is AC MATERIALS still active?
- Yes, AC MATERIALS is an active enterprise in the KBO register.
- How many employees does AC MATERIALS have?
- AC MATERIALS had an average of 83.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does AC MATERIALS fall under?
- In its 2025 annual accounts, AC MATERIALS states joint committees 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of AC MATERIALS?
- The turnover of AC MATERIALS was €57.5m in financial year 2025, according to the filed annual accounts.
- Is AC MATERIALS profitable?
- In financial year 2025, AC MATERIALS made a profit of €495,032.
- Where can I find the annual accounts of AC MATERIALS?
- AC MATERIALS filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of AC MATERIALS due?
- AC MATERIALS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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