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Acar 68

Active
Private limited companyfounded 20224 yrs activeLambrechtshoekenlaan 162, 2170 Antwerpen, BelgiumKBO/BCE: BE 0779.879.604
Summary

The computed 12-month bankruptcy probability of Acar 68 is 2.2% (moderate). The 2024 annual accounts show equity of €16,930 and a net result of €1,675. Equity is shrinking by ~3% per year across the filed fiscal years. Its solvency ranks better than 67% of 26043 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability45▼-49
Solvency78▲+23
Growth32▼-26
Track record94
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity ample (current ratio 1.81 against 1.27 in 2023; short-term debt: 47% and cash: 3.4% of total assets), and 47% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · 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
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · 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
53%
Return on assets
5.2%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-04-2026, 244 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
244 d late
2023
17 d early
2022
14 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 71 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
neutral · 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

History

Acar 68 was incorporated on 10 January 2022 as a Private limited company.1 Total assets went from EUR 35,398 in 2022 to EUR 31,934 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€16,930▲ 11.0%
2023 · €15,255
Total assets
€31,934▼ 37.5%
2023 · €51,073
Net result
€1,675▼ 83.7%
2023 · €10,307
Working capital
€12,105▲ 27.3%
2023 · €9,506
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Line202220232024
Operating result€2,643-€15,451▲ 485%€4,917▼ 68.2%
Net result€2,947within the sector's middle half-€10,307within the sector's middle half▲ 250%€1,675within the sector's middle half▼ 83.7%
Equity€17,947within the sector's middle half-€15,255within the sector's middle half▼ 15.0%€16,930within the sector's middle half▲ 11.0%
Total assets€35,398below the sector's middle half-€51,073below the sector's middle half▲ 44.3%€31,934below the sector's middle half▼ 37.5%
Debt€17,451-€35,818▲ 105%€15,004▼ 58.1%
Working capital€14,047within the sector's middle half-€9,506within the sector's middle half▼ 32.3%€12,105within the sector's middle half▲ 27.3%
Solvency50.7%within the sector's middle half-29.9%within the sector's middle half▼ 20.8pp53.0%within the sector's middle half▲ 23.1pp
Current ratio1.80within the sector's middle half-1.27within the sector's middle half▼ 0.541.81within the sector's middle half▲ 0.54
Return on assets (ROA)8.3%within the sector's middle half-20.2%above the sector's middle half▲ 11.9pp5.2%within the sector's middle half▼ 14.9pp
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5,000€10,000€15,000Operating result 2022: €2,643€2,643Net result 2022: €2,947€2,947Operating result 2023: €15,451€15,451Net result 2023: €10,307€10,307Operating result 2024: €4,917€4,917Net result 2024: €1,675€1,675202220232024€0€5,000€10,000€15,000Operating result 2022: €2,643€2,640Net result 2022: €2,947€2,950Operating result 2023: €15,451€15,500Net result 2023: €10,307€10,300Operating result 2024: €4,917€4,920Net result 2024: €1,675€1,680202220232024
The operating result falls in 2024; 2024 is 68% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €31,934
Fixed assets €4,824 ▼ 16.1%
Current assets €27,109 ▼ 40.2%
Equity and liabilities €31,934
Equity €16,930 ▲ 11.0%
Debt €15,004 ▼ 58.1%
Debt's share of the balance-sheet total falls from 70.1% to 47.0%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€5,842▼
2023 · €16,376
Cash flow
€2,600▼
2023 · €11,232
Quick ratio
0.47▼
2023 · 0.71
Debt to equity
0.89▼
2023 · 2.35
ROE
9.9%▼
2023 · 67.6%
Interest coverage
2.34▼
2023 · 8.05
Debt ≤ 1 year
€15,004▼
2023 · €35,818
Income taxes
€748▼
2023 · €3,589
Staff costs
€108
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.2% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

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 39,278 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 accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet Code20232024
Assets
Total assets20/58€51,073€31,934▼
Fixed assets21/28€5,749€4,824▼
Tangible fixed assets22/27€1,849€924▼
Furniture and vehicles24€1,849€924▼
Financial fixed assets28€3,900€3,900=
Current assets29/58€45,324€27,109▼
Stocks and contracts in progress3€20,000€20,000=
Stocks30/36€20,000€20,000=
Amounts receivable within one year40/41€1,751€6,017▲
Trade receivables40-€6,017
Other amounts receivable41€1,751-
Cash at bank and in hand54/58€23,573€1,092▼
Equity and liabilities
Total equity and liabilities10/49€51,073€31,934▼
Equity10/15€15,255€16,930▲
Contributions10/11€15,000€15,000=
Profit (loss) carried forward14€255€1,930▲
Amounts payable17/49€35,818€15,004▼
Amounts payable within one year42/48€35,818€15,004▼
Trade debts44€18,787€12,967▼
Suppliers440/4€18,787€12,967▼
Taxes, remuneration and social security45€4,031€1,937▼
Taxes450/3€4,031€1,937▼
Other amounts payable47/48€13,000€100▼
Income statement Code20232024
Remuneration, social security and pensions62-€108
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€924€924=
Other operating charges640/8€769€4,351▲
Gross operating margin9900€17,144€10,300▼
Operating profit (loss)9901€15,451€4,917▼
Financial income75/76B€480€0▼
Recurring financial income75€480€0▼
Financial charges65/66B€2,034€2,495▲
Recurring financial charges65€2,034€2,495▲
Profit (loss) for the period before taxes9903€13,897€2,423▼
Income taxes67/77€3,589€748▼
Profit (loss) for the period9904€10,307€1,675▼
Profit (loss) for the period to be appropriated9905€10,307€1,675▼
Appropriation of the result
Profit (loss) to be appropriated9906€13,255€1,930▼
Profit (loss) brought forward from the previous period14P€2,947€255▼
Profit to be distributed694/7€13,000-
Return on contributions (dividend)694€13,000-

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Remuneration, social security and pensions62--€108-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€924€924=
Other operating charges640/8€93€769€4,351▲ 466%
Gross operating margin9900€2,736€17,144€10,300▼ 39.9%
Operating profit (loss)9901€2,643€15,451€4,917▼ 68.2%
Financial income75/76B€3€480€0▼ 99.9%
Recurring financial income75€3€480€0▼ 99.9%
Financial charges65/66B-€301€2,034€2,495▲ 22.7%
Recurring financial charges65-€301€2,034€2,495▲ 22.7%
Profit (loss) for the period before taxes9903€2,947€13,897€2,423▼ 82.6%
Income taxes67/77-€3,589€748▼ 79.2%
Profit (loss) for the period9904€2,947€10,307€1,675▼ 83.7%
Profit (loss) for the period to be appropriated9905€2,947€10,307€1,675▼ 83.7%
Line202220232024Change
Assets
Total assets20/58€35,398€51,073€31,934▼ 37.5%
Fixed assets21/28€3,900€5,749€4,824▼ 16.1%
Tangible fixed assets22/27-€1,849€924▼ 50.0%
Furniture and vehicles24-€1,849€924▼ 50.0%
Financial fixed assets28€3,900€3,900€3,900=
Current assets29/58€31,498€45,324€27,109▼ 40.2%
Stocks and contracts in progress3€20,000€20,000€20,000=
Stocks30/36€20,000€20,000€20,000=
Amounts receivable within one year40/41-€1,751€6,017▲ 244%
Trade receivables40--€6,017-
Other amounts receivable41-€1,751--
Cash at bank and in hand54/58€11,498€23,573€1,092▼ 95.4%
Equity and liabilities
Total equity and liabilities10/49€35,398€51,073€31,934▼ 37.5%
Equity10/15€17,947€15,255€16,930▲ 11.0%
Contributions10/11€15,000€15,000€15,000=
Profit (loss) carried forward14€2,947€255€1,930▲ 658%
Amounts payable17/49€17,451€35,818€15,004▼ 58.1%
Amounts payable within one year42/48€17,451€35,818€15,004▼ 58.1%
Trade debts44€12,672€18,787€12,967▼ 31.0%
Suppliers440/4€12,672€18,787€12,967▼ 31.0%
Taxes, remuneration and social security45€4,779€4,031€1,937▼ 51.9%
Taxes450/3€1,678€4,031€1,937▼ 51.9%
Remuneration and social security454/9€3,100---
Other amounts payable47/48-€13,000€100▼ 99.2%
Line202220232024Change
Profit (loss) for the period9904€2,947€10,307€1,675▼ 83.7%
+ Depreciation and write-downs630-€924€924=
Operating cash flow (approximation)€2,947€11,232€2,600▼ 76.9%
Investment in fixed assets (approximation)--€2,773€0▲ 100%
Change in cash-€12,074-€22,480▼ 286%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
01-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 244 days late
2024
31-12
Financial Weakest financial yearnet €1,675 ▼83.7%
Net result drops to €1,675, the lowest in the series.
14-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2022net €10,307 ▲250%
Operating result €15,451, net result €10,307, both a record.
17-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are 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, Antwerpen · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
427 m²
Building footprint
158 m²
Volume, LiDAR
1,363 m³
Parcel 11028A0144/00V009, Flanders · tallest building 9.6 m, ±3 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Emre Kasabi Slagerij
Lambrechtshoekenlaan 162, 2170 AntwerpenRetail sale of meat and meat products, excluding game and poultry
since 20222.326.436.419
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11028A0144/00V009 Flanders 427 m² 1 · 158 m² 9.6 m · 3 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Antwerpen2.326.436.419
1 permission
Toelating · Vleeswinkel · since 31-01-2022

Similar companies · same sector, comparable size

Of 3,043 companies in sector 47221 we hold annual accounts for 1,566. 960 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded10-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
47221Retail sale of meat and meat products, excluding game and poultry
E-invoicing
Reachable via Peppol
Peppol ID 0208:0779879604
Registered 03-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.