The last five annual accounts were filed 0 to 30 days before the end of the period.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 2,609 companies had the same profile as ACADEM has now. Each dot stands for 7 companies, two years later.
96.8%
were still trading
2.1%
stopped another way
1.0%
went bankrupt
Small
10 to 20 years old
solvency 10 to 30%
a profit of 5% of the balance sheet or more
Test of the method
The method was tested on the 497,448 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.
The companies in ten equal groups, from the lowest to the highest expected share
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
3.0%
3.1%
10
5.6%
6.2%
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 2,609 companies, not a prediction for ACADEM. 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
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as ACADEM: certified accountants and tax accountants (NACE 69201). They are comparable in size and age: total assets between €561,000 and €1.1m, founded between 2009 and 2014.
The company number of ACADEM is 0502.491.870. The VAT number is the same number with BE in front: BE 0502.491.870.
Where is ACADEM based?
The registered office is at Slabbaardstraat-Zuid 31, 8870 Izegem.Company details
What does ACADEM do?
According to the KBO register, the main activity is certified accountants and tax accountants (NACE 69201).
What is the legal form of ACADEM?
Legal form of ACADEM: Coöperatieve vennootschap met beperkte aansprakelijkheid.
When was ACADEM founded?
ACADEM was founded on 19-12-2012.
Is ACADEM still active?
Yes, ACADEM is an active enterprise in the KBO register.
How many employees does ACADEM have?
ACADEM had an average of 11.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ACADEM fall under?
In its 30-09-2025 annual accounts, ACADEM states joint committee 336 (Liberal professions).
What is the turnover of ACADEM?
The turnover in financial year 2025 is ≈ €1.6m. This figure is estimated from the gross margin of €915,550 and 34 comparable companies (NACE 69201). It probably lies between €1.4m and €1.9m.
Is ACADEM profitable?
In financial year 2025, ACADEM made a profit of €94,963.
Where can I find the annual accounts of ACADEM?
ACADEM filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ACADEM due?
ACADEM must file the annual accounts for financial year 2026 by 30-04-2027.Timeline