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ACEB

Active Private limited companyfounded 2016active for 10 yearsHameau de Neuville 23, 4970 StavelotKBO/BCE: BE 0656.945.465 #7 company by total assets in the province of Liège, Security and investigation sector

Lifetime

9 annual accounts with figures on one time axis
peak €271,076 (2025)
€271,076▲ 49.4%
peak €108,859 (2024)
€52,634▼ 51.6%
peak €185,525 (2019)
€20,460unchanged
€951,140▲ 467%
Board3 names since 2016
2 directors and 1 other
Documentsfilings and deeds
13-03-202648 days before the deadline
2025micro format
Gross margin from €181,489 to €271,076Result from €108,859 to €52,634Dividend €52,634Debts from €167,795 to €951,140Investments €888,094Cash from €56,934 to €87,946

Key points

from the 2025 annual accounts

Equity

€20,460 from €185,525 in 2019

Equity fell by 89% in 6 years.

Result

€52,634 ▼ 51.6%
€109,0002024€52,6002025

The result fell in 2025 from €108,859 to €52,634.

Debts

€951,140 98% of the balance sheet
Financial debts 43%Suppliers 1%Taxes and wages 4%Other 52%

Of this, €189,875 falls due within a year.

Investments

€888,094 7.2 × depreciation
20222025

Green is investment, beige is depreciation.

Filings

9 annual accounts since 2017
deadline20202025

The last five annual accounts were filed 30 to 151 days before the end of the period.

Position in the sector

2.1%

Lower solvency than 82% of companies in security and investigation. Sector median 41.1% · 353 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,325 companies had the same profile as ACEB has now. Each dot stands for 4 companies, two years later.

95.2%
were still trading
3.2%
stopped another way
1.4%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 2.9% 3.1%
10 5.6% 6.1%

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 1,325 companies, not a prediction for ACEB. 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

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Signals

Board and ownership

Manager
Director
  • 100 sharesdeed of 28-06-2016
  • 86 sharesdeed of 28-06-2016
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0656945465
Appointment: (seul administrateur non statutaire) Legal-form conversion: from private limited company (pre-2019) to private limited company · Gazette deed
Resignation: (director) Director discharge: · General meeting of 05-03-2020 · Gazette deed
First establishment Hameau de Neuville 23, Stavelot
All 16 events

Comparable companies

same main activity, similar in size and age
Company
ACEB Stavelot €1.0m €271,076 2.1% -
Averti - Fire & Security Beveren-Kruibeke-Zwijndrecht €1.1m €321,879 83.3% 1.9
Watchtower Security Solutions Belgium Antwerp €0.9m €324,729 67.9% 2
DISTRI-SOLUTION Nazareth-De Pinte €1.9m €301,351 33.2% -
Outdoor Access Control Company Tervuren €1.0m €124,716 21.6% -
Squeak Alarm Systems Westerlo €0.8m €304,853 37.4% -
AYOKI PROTECTION Waterloo €1.1m €465,054 23.3% -

These companies have the same main activity as ACEB: investigation and security activities (NACE 80090). They are comparable in size and age: total assets between €810,000 and €1.9m, founded between 2015 and 2020.

Official details

Source: KBO
Status
Active since 24-06-2016Normal situation
Activity
Investigation and security activitiesNACE 80090and 5 others
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 30-09-2025
Establishment unit
2.254.331.7654970 Stavelot, since 06-07-2016
Financial year end
30 September
Peppol
Reachable since 12-12-2025
Company details

Annual accounts to 30-09-2025

≈ €540,000estimated
€971,600▲ 416%
Employeeson 30-09-2025
1
Filing
Filed on 13-03-2026, 48 days before the end of the filing period
Financials

Insights on ACEB

ACEB files the micro format. That format states no turnover. The gross margin rose from €45,125 in 2017 to €271,076 in 2025.

The balance sheet grew most from 2024 to 2025 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ACEB

What is the company number of ACEB?
The company number of ACEB is 0656.945.465. The VAT number is the same number with BE in front: BE 0656.945.465.
Where is ACEB based?
The registered office is at Hameau de Neuville 23, 4970 Stavelot.Company details
What does ACEB do?
According to the KBO register, the main activity is investigation and security activities (NACE 80090).
What is the legal form of ACEB?
ACEB is a private limited company (BV).
When was ACEB founded?
ACEB was founded on 24-06-2016.
Is ACEB still active?
Yes, ACEB is an active enterprise in the KBO register.
How many employees does ACEB have?
ACEB had an average of 0.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ACEB fall under?
In its 30-09-2025 annual accounts, ACEB states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of ACEB?
The turnover in financial year 2025 is ≈ €540,000. This figure is estimated from the gross margin of €271,076 and 875 comparable companies of the same size. It probably lies between €380,000 and €790,000. It is a rough estimate.
Is ACEB profitable?
In financial year 2025, ACEB made a profit of €52,634.
Where can I find the annual accounts of ACEB?
ACEB filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ACEB due?
ACEB must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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