Financials
- Fiscal year
- 2025
- Total assets
- €5.0m
- Loss
- -€614,233
- Solvency
- 35.1%
Total assets▼ 11.2%
Net result
20182025
ACCUBEL
ActiveSummary
ACCUBEL has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of -€614,233. Equity is growing by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 38% of 5451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
What they do
Wholesale trade
NACE 46842Wholesale of other machinery and equipment NACE 46649NACE 46699
#6 company by staff growth in Eupen3 sites
How big
€5.0mtotal assets 2025
- Staff
- 19.4 FTE
- Equity
- €1.8m
- Loss
- -€614,233
Who decides
Accounts filed 31 d late0 of 5 deeds read
Why 63- Loss of €614,233 (FY 2025)- Liquidity: current ratio 2.34, cash €171,773- Size: 19.4 FTE, total assets €5.0m- Latest accounts 31 days late; 1 of the last 3 lateShow the evidence
Checked score
Score 2025
63
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 25% of its sector peers (NACE 46, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
60-7
equity 35.1% of total assets
Liquidity
40-4
short-term debt 32.9% · cash 3.4%
Profitability
3-47
return on assets -12.3%
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
- Loss of €614,233 (FY 2025) raises the probability
- Liquidity: current ratio 2.34, cash €171,773 raises the probability
- Size: 19.4 FTE, total assets €5.0m raises the probability for this profile
- Latest accounts 31 days late; 1 of the last 3 late raises the probability
Credit up to €110,000 at 30 days acceptable
Liquidity ample (current ratio 2.34 against 3.16 in 2024; short-term debt: 32.9% and cash: 3.4% of total assets), but 64.9% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, small). Better than this share of them on solvency 40%, liquidity 45%, profitability 4%, growth against the median 10%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
22 d early
2023
on the day
2022
28 d early
2021
32 d early
2020
43 d early
2019
57 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 22 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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. Usually files around 9 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Weakest financial yearnet -€614,233
- Annual accounts filedfiscal year 2024 · full…
Key points
By topic
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 31-07-2027
- 31-08-2026Annual accounts filed
- 31-12-2025Weakest financial year
- 09-07-2025Annual accounts filed
Company details
- Sites
- 3
- Legal form
- Public limited company
- Activity
- Wholesale tradeNACE 46842
- Founded
- 20-06-1983
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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