ACA
ActiveSummary
ACA has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of €104,633. Equity is growing by ~22.5% per year across the filed fiscal years. Its solvency ranks better than 64% of 731 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-4
Solvency83▲+3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120,000 at 30 days acceptable
Liquidity ample (current ratio 2.2 against 1.94 in 2024; short-term debt: 42.4% and cash: 3.7% of total assets), and 42.4% of the assets are financed with debt.
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Signals
Five 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% 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
57.6%
Return on assets
3.5%
Age of the figures
9 mo
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 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
34 d early
2023
40 d early
2022
38 d early
2021
111 d early
2020
81 d early
2019
49 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 54 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€104,633▼ 48.2%
2024 · €201,855
Working capital
€1.5m▲ 22.5%
2024 · €1.2m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, 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
favourable
unfavourable
Line20212022202320242025
Operating result€41,201▼ 79.3%€297,095▲ 621%€778,212▲ 162%€199,864▼ 74.3%€76,756▼ 61.6%
Net result€1,231below the sector's middle half▼ 98.9%€165,140above the sector's middle half▲ 13,316%€510,442above the sector's middle half▲ 209%€201,855above the sector's middle half▼ 60.5%€104,633within the sector's middle half▼ 48.2%
Equity€725,101above the sector's middle half▲ 0.2%€890,241above the sector's middle half▲ 22.8%€1.4mabove the sector's middle half▲ 57.3%€1.6mabove the sector's middle half▲ 14.4%€1.7mwithin the sector's middle half▲ 6.5%
Total assets€1.7mabove the sector's middle half▼ 13.5%€2.3mabove the sector's middle half▲ 31.6%€3.3mabove the sector's middle half▲ 41.7%€2.9mabove the sector's middle half▼ 10.8%€3.0mwithin the sector's middle half▲ 2.0%
Debt€1.0m▼ 21.1%€1.4m▲ 37.8%€1.9m▲ 31.8%€1.3m▼ 29.7%€1.3m▼ 3.6%
Working capital-€171,725-€137,233▲ 20.1%€584,630€1.2m▲ 110%€1.5m▲ 22.5%
Solvency41.5%within the sector's middle half▲ 5.7pp38.7%within the sector's middle half▼ 2.8pp43.0%within the sector's middle half▲ 4.3pp55.1%within the sector's middle half▲ 12.1pp57.6%within the sector's middle half▲ 2.5pp
Staff (FTE)69.5above the sector's middle half▲ 8.9%70.6above the sector's middle half▲ 1.6%70.6above the sector's middle half=70.6above the sector's middle half=70.6above the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, 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 62% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.0m
Fixed assets
€203,014 ▼ 45.9%
Current assets
€2.8m ▲ 9.1%
Equity and liabilities €3.0m
Equity
€1.7m ▲ 6.5%
Debt
€1.3m ▼ 3.6%
Debt's share of the balance-sheet total falls from 44.9% to 42.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€248,895▼
2024 · €386,356
Cash flow
€276,772▼
2024 · €388,347
Current ratio
2.20▲
2024 · 1.94
Debt to equity
0.74▼
2024 · 0.81
ROE
6.1%▼
2024 · 12.6%
ROA
3.5%▼
2024 · 6.9%
Interest coverage
45.03▼
2024 · 96.71
Debt ≤ 1 year
€1.3m▼
2024 · €1.3m
Income taxes
€66,316▼
2024 · €94,715
Staff costs
€5.0m▼
2024 · €5.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 543 companies that looked in July 2024 the way this one looks now, 0% went bankrupt within 24 months and 93% are still going.
- Medium-sized
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.9% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
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%.
| 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 543 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €68,772 | €23,731 | €41,867 | €0 | - | - |
| Remuneration, social security and pensions62 | €3.6m | €4.3m | €5.3m | €5.3m | €5.0m | ▼ 7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €264,214 | €374,483 | €323,195 | €186,492 | €172,139 | ▼ 7.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€21,776 | €0 | €10,580 | €2,702 | €3,144 | ▲ 16.4% |
| Other operating charges640/8 | €52,374 | €30,395 | €48,691 | €50,392 | €28,931 | ▼ 42.6% |
| Non-recurring operating charges66A | €2,637 | €5,423 | €0 | - | - | - |
| Gross operating margin9900 | €3.9m | €5.0m | €6.4m | €5.8m | €5.2m | ▼ 9.4% |
| Operating profit (loss)9901 | €41,201 | €297,095 | €778,212 | €199,864 | €76,756 | ▼ 61.6% |
| Financial income75/76B | €5,639 | €23,806 | €26,470 | €100,701 | €99,720 | ▼ 1.0% |
| Recurring financial income75 | €5,639 | €23,806 | €26,470 | €100,701 | €99,720 | ▼ 1.0% |
| Financial charges65/66B | €4,705 | €6,570 | €4,043 | €3,995 | €5,527 | ▲ 38.3% |
| Recurring financial charges65 | €4,705 | €3,832 | €4,043 | €3,995 | €5,527 | ▲ 38.3% |
| Non-recurring financial charges66B | - | €2,738 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €42,135 | €314,330 | €800,640 | €296,570 | €170,949 | ▼ 42.4% |
| Income taxes67/77 | €40,905 | €149,190 | €290,198 | €94,715 | €66,316 | ▼ 30.0% |
| Profit (loss) for the period9904 | €1,231 | €165,140 | €510,442 | €201,855 | €104,633 | ▼ 48.2% |
| Profit (loss) for the period to be appropriated9905 | €1,231 | €165,140 | €510,442 | €201,855 | €104,633 | ▼ 48.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.7m | €2.3m | €3.3m | €2.9m | €3.0m | ▲ 2.0% |
| Fixed assets21/28 | €1.1m | €1.1m | €817,004 | €375,141 | €203,014 | ▼ 45.9% |
| Intangible fixed assets21 | - | €425,038 | €340,286 | €235,710 | €131,135 | ▼ 44.4% |
| Tangible fixed assets22/27 | €1.1m | €639,380 | €474,648 | €137,355 | €69,792 | ▼ 49.2% |
| Plant, machinery and equipment23 | €101,454 | €86,597 | €148,981 | €84,965 | €34,085 | ▼ 59.9% |
| Furniture and vehicles24 | €529,384 | €483,311 | €280,844 | €14,038 | €3,826 | ▼ 72.7% |
| Other tangible fixed assets26 | €57,763 | €51,293 | €44,822 | €38,352 | €31,882 | ▼ 16.9% |
| Assets under construction and advance payments27 | €379,826 | €18,180 | €0 | - | - | - |
| Financial fixed assets28 | €2,070 | €2,070 | €2,070 | €2,075 | €2,088 | ▲ 0.6% |
| Current assets29/58 | €677,801 | €1.2m | €2.4m | €2.5m | €2.8m | ▲ 9.1% |
| Amounts receivable within one year40/41 | €520,484 | €614,516 | €2.2m | €2.4m | €2.6m | ▲ 9.7% |
| Trade receivables40 | €418,783 | €614,516 | €940,774 | €897,197 | €704,045 | ▼ 21.5% |
| Other amounts receivable41 | €101,701 | €0 | €1.3m | €1.5m | €1.9m | ▲ 28.5% |
| Current investments50/53 | - | €0 | - | - | - | - |
| Cash at bank and in hand54/58 | €141,406 | €569,415 | €162,915 | €115,661 | €108,421 | ▼ 6.3% |
| Deferred charges and accrued income490/1 | €15,911 | €49,773 | €77,751 | €31,393 | €37,156 | ▲ 18.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.7m | €2.3m | €3.3m | €2.9m | €3.0m | ▲ 2.0% |
| Equity10/15 | €725,101 | €890,241 | €1.4m | €1.6m | €1.7m | ▲ 6.5% |
| Profit (loss) carried forward14 | €725,101 | €890,241 | €1.4m | €1.6m | €1.7m | ▲ 6.5% |
| Amounts payable17/49 | €1.0m | €1.4m | €1.9m | €1.3m | €1.3m | ▼ 3.6% |
| Amounts payable after more than one year17 | €126,750 | €39,015 | €951 | €0 | - | - |
| Financial debts170/4 | €126,750 | €39,015 | €951 | €0 | - | - |
| Amounts payable within one year42/48 | €849,526 | €1.4m | €1.9m | €1.3m | €1.3m | ▼ 3.6% |
| Current portion of amounts payable after more than one year42 | €105,243 | €88,493 | €38,063 | €951 | €0 | ▼ 100% |
| Trade debts44 | €277,604 | €688,952 | €1.3m | €465,326 | €483,601 | ▲ 3.9% |
| Suppliers440/4 | €277,604 | €688,952 | €1.3m | €465,326 | €483,601 | ▲ 3.9% |
| Taxes, remuneration and social security45 | €466,679 | €593,491 | €542,725 | €839,094 | €774,258 | ▼ 7.7% |
| Taxes450/3 | €117,591 | €232,300 | €92,059 | €236,576 | €235,829 | ▼ 0.3% |
| Remuneration and social security454/9 | €349,088 | €361,191 | €450,667 | €602,518 | €538,429 | ▼ 10.6% |
| Accrued charges and deferred income492/3 | €46,921 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,231 | €165,140 | €510,442 | €201,855 | €104,633 | ▼ 48.2% |
| + Depreciation and write-downs630 | €264,214 | €374,483 | €323,195 | €186,492 | €172,139 | ▼ 7.7% |
| Operating cash flow (approximation) | €265,445 | €539,623 | €833,637 | €388,347 | €276,772 | ▼ 28.7% |
| Investment in fixed assets (approximation) | - | -€370,475 | -€73,710 | €255,371 | -€13 | ▼ 100% |
| Change in cash | - | €428,009 | -€406,500 | -€47,254 | -€7,240 | ▲ 84.7% |
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
2026
10-09
State Gazette act
Resignation: VLAM-N-VEST NV (director)Permanent representative: Bert Defreyne · Appointment: Carsten Bettermann (director)4 facts ▸
State Gazette act
Resignation: VLAM-N-VEST NV (director)
Permanent representative: Bert Defreyne · Appointment: Carsten Bettermann (director)4 facts ▸
- General meeting, 31-07-2026
- Director resignation, VLAM-N-VEST NV (director)
- Permanent representative, Bert Defreyne (permanent representative)
- Director appointment, Carsten Bettermann (director)
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €510,442 ▲209%
Operating result €778,212, net result €510,442, both a record.
31-12
Financial
Equity above €1mEq €1.4m ▲57.3%
6 profitable years in a row build equity to €1.4m.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
11-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €1,231 ▼98.9%
Net result drops to €1,231, the lowest in the series; recovery starts the following year.
11-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €500,000Eq €611,230 ▲23.7%
2 profitable years in a row build equity to €611,230.
Show earlier events
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 12 acts read
About the unread acts
Of the 12 Belgian State Gazette acts we know for this company, 1 has been read. The other 11 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
Carsten Bettermann
CurrentDirector · since 01-07-2026
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
11 of this company's 12 Belgian State Gazette acts have 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
Registered office, Roeselare · 1 establishment unit since 2009
Ground area
1,647 m²
Building footprint
1,274 m²
Volume, LiDAR
8,301 m³
Parcel 36017D0005/00F002, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ACA
since 20092.182.299.367
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36017D0005/00F002 | Flanders | 1,647 m² | 1 · 1,274 m² | 9.4 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.
Mandate history
2 people since 2026, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Carsten Bettermann |
|
| Vlam-n-Vest NV |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 1,363 EUR awarded · 1,363 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,193 EUR | 1,193 EUR |
| 2022 | 1 | 170 EUR | 170 EUR |
Schemes
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Of 2,147 companies in sector 71209 we hold annual accounts for 1,087. 451 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded08-04-2009
Fiscal year end31-12
Activities, NACEBEL 2025
71209Other technical testing and analysis
E-invoicing
Reachable via Peppol
Peppol ID
0208:0811407869
Also
9925:BE0811407869
Registered
18-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.