aCDI
ActiveSummary
aCDI has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €262k and a net result of €37k. Equity is growing by ~21.4% per year across the filed fiscal years. Its solvency ranks better than 65% of 9494 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability55▼-24
Solvency94▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 2.62 against 7.18 in 2024; short-term debt: 26.7% and cash: 6% of total assets), and 31.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 · 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
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
68.5%
Return on assets
9.6%
Age of the figures
9 mo
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
31 d early
2023
29 d late
2022
29 d late
2021
19 d late
2020
9 d late
2019
39 d early
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€262k▼ 25.4%
2024 · €351k
Total assets
€382k▼ 10.4%
2024 · €426k
Net result
€37k▲ 8.2%
2024 · €34k
Working capital
€165k▼ 36.5%
2024 · €260k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€99k▲ 104%€64k▼ 35.2%€-3k€34k€91k▲ 165%
Net result€71k▲ 85.6%€53k▼ 25.2%€20k▼ 62.8%€34k▲ 71.2%€37k▲ 8.2%
Equity€244k▲ 41.2%€297k▲ 21.8%€317k▲ 6.7%€351k▲ 10.7%€262k▼ 25.4%
Total assets€383k▲ 25.5%€420k▲ 9.6%€389k▼ 7.5%€426k▲ 9.7%€382k▼ 10.4%
Debt€139k▲ 5.1%€123k▼ 11.8%€72k▼ 41.6%€76k▲ 5.1%€120k▲ 59.0%
Working capital€168k▲ 67.9%€218k▲ 29.6%€231k▲ 6.1%€260k▲ 12.7%€165k▼ 36.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 165% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €382k
Fixed assets
€114k ▼ 7.6%
Current assets
€267k ▼ 11.6%
Equity and liabilities €382k
Equity
€262k ▼ 25.4%
Debt
€120k ▲ 59.0%
Debt's share of the balance-sheet total rises from 17.7% to 31.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€102k▲
2024 · €45k
Cash flow
€47k▲
2024 · €44k
Current ratio
2.62▼
2024 · 7.18
Debt to equity
0.46▲
2024 · 0.22
ROE
14.0%▲
2024 · 9.7%
ROA
9.6%▲
2024 · 8.0%
Interest coverage
2.93▼
2024 · 18.01
Debt ≤ 1 year
€102k▲
2024 · €42k
Debt > 1 year
€18k▼
2024 · €33k
Income taxes
€31k▲
2024 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €11k | €10k | €10k | €10k | ▲ 1.1% |
| Other operating charges640/8 | €1k | €1k | €2k | €9k | €2k | ▼ 79.0% |
| Gross operating margin9900 | €111k | €77k | €9k | €54k | €103k | ▲ 92.3% |
| Operating profit (loss)9901 | €99k | €64k | €-3k | €34k | €91k | ▲ 165% |
| Financial income75/76B | €12k | €18k | €36k | €22k | €11k | ▼ 47.7% |
| Recurring financial income75 | €12k | €18k | €36k | €22k | €11k | ▼ 47.7% |
| Financial charges65/66B | €2k | €2k | €3k | €2k | €35k | ▲ 1,296% |
| Recurring financial charges65 | €2k | €2k | €3k | €2k | €35k | ▲ 1,296% |
| Profit (loss) for the period before taxes9903 | €108k | €80k | €30k | €54k | €68k | ▲ 26.5% |
| Income taxes67/77 | €37k | €26k | €10k | €20k | €31k | ▲ 58.1% |
| Profit (loss) for the period9904 | €71k | €53k | €20k | €34k | €37k | ▲ 8.2% |
| Profit (loss) for the period to be appropriated9905 | €71k | €53k | €20k | €34k | €37k | ▲ 8.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €383k | €420k | €389k | €426k | €382k | ▼ 10.4% |
| Fixed assets21/28 | €153k | €142k | €134k | €124k | €114k | ▼ 7.6% |
| Tangible fixed assets22/27 | €153k | €142k | €134k | €124k | €114k | ▼ 7.6% |
| Land and buildings22 | €152k | €142k | €132k | €123k | €113k | ▼ 7.9% |
| Plant, machinery and equipment23 | - | - | - | - | €887 | - |
| Furniture and vehicles24 | €1k | - | €2k | €972 | €308 | ▼ 68.3% |
| Current assets29/58 | €230k | €278k | €255k | €302k | €267k | ▼ 11.6% |
| Amounts receivable within one year40/41 | €96k | €58k | €42k | €29k | €19k | ▼ 34.8% |
| Trade receivables40 | €20k | €19k | €12k | €11k | €11k | = |
| Other amounts receivable41 | €75k | €39k | €30k | €17k | €7k | ▼ 57.7% |
| Current investments50/53 | €118k | €197k | €193k | €249k | €226k | ▼ 9.4% |
| Cash at bank and in hand54/58 | €16k | €23k | €20k | €25k | €23k | ▼ 7.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €383k | €420k | €389k | €426k | €382k | ▼ 10.4% |
| Equity10/15 | €244k | €297k | €317k | €351k | €262k | ▼ 25.4% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €238k | €291k | €311k | €344k | €255k | ▼ 25.8% |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Tax-exempt reserves132 | €500 | €500 | €500 | €500 | €500 | = |
| Distributable reserves133 | €235k | €288k | €310k | €344k | €255k | ▼ 25.9% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Amounts payable17/49 | €139k | €123k | €72k | €76k | €120k | ▲ 59.0% |
| Amounts payable after more than one year17 | €77k | €63k | €48k | €33k | €18k | ▼ 45.7% |
| Financial debts170/4 | €77k | €63k | €48k | €33k | €18k | ▼ 45.7% |
| Amounts payable within one year42/48 | €62k | €60k | €23k | €42k | €102k | ▲ 142% |
| Current portion of amounts payable after more than one year42 | €14k | €14k | €15k | €15k | €15k | ▲ 1.7% |
| Trade debts44 | €11k | €9k | €3k | €437 | €16k | ▲ 3,652% |
| Suppliers440/4 | €11k | €9k | €3k | €437 | €16k | ▲ 3,652% |
| Taxes, remuneration and social security45 | €36k | €36k | €6k | €27k | €27k | ▲ 2.5% |
| Taxes450/3 | €36k | €36k | €6k | €27k | €27k | ▲ 2.5% |
| Other amounts payable47/48 | €765 | €215 | €0 | - | €43k | - |
| Accrued charges and deferred income492/3 | - | €19 | €126 | €125 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €71k | €53k | €20k | €34k | €37k | ▲ 8.2% |
| + Depreciation and write-downs630 | €11k | €11k | €10k | €10k | €10k | ▲ 1.1% |
| Operating cash flow (approximation) | €82k | €64k | €30k | €44k | €47k | ▲ 6.5% |
| Investment in fixed assets (approximation) | - | €0 | €-2k | €0 | €-999 | - |
| Change in cash | - | €6k | €-3k | €5k | €-2k | ▼ 135% |
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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 10.84
Current ratio from 4.63 to 10.84; short-term debt falls from €60k to €23k.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
31-12
Financial
Highest result since 2018net €71k ▲85.6%
Operating result €99k, net result €71k, both a record.
31-12
Financial
Equity above €200kEq €244k ▲41.2%
3 profitable years in a row build equity to €244k.
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 3.44
Current ratio from 1.55 to 3.44; short-term debt falls from €118k to €41k.
31-12
Financial
Equity above €150kEq €173k ▲28.6%
2 profitable years in a row build equity to €173k.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Gent · 1 establishment unit since 1998
Ground area
2,487 m²
Building footprint
870 m²
Volume, LiDAR
9,968 m³
2 parcels, Flanders · tallest building 19.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Kalandeberg 6 A, 9000 Gent
since 19982.086.378.938
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44803C0490/00B000 | Flanders | 2,105 m² | 1 · 478 m² | 19.9 m · 5 fl. |
| 44803C1062/00G000 | Flanders | 382 m² | 1 · 392 m² | 16.8 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Legal Entity Identifier
549300L37MH4JWY03E22
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Of 11,571 companies in sector 71121 we hold annual accounts for 6,561. 4,977 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
Founded02-04-1998
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
Scores and ratios are computed by Checked and are not a credit decision.