Result
-€15,409 -€15,409
From profit to loss in 2025, after a profit of €45,118 in 2024.
ACECO
Lifetime
2 annual accounts with figures on one time axispeak €144,264 (2024)
€57,130▼ 60.4%
lowest -€15,409 (2025)
-€15,409▼ €60,526
peak €21,118 (2024)
€5,709▼ 73.0%
€40,827▼ 43.1%
Board1 name since 2024
1 directorLABIED Redouane
Documentsfilings and deeds
28-07-20263 days before the deadline
2025abbreviated format
Turnover from €144,264 to €57,130Gross margin from €69,951 to -€3,658Loss of €15,409Equity from €21,118 to €5,709Debts from €71,733 to €40,827
Key points
from the 2025 annual accountsDebts
€40,827 88% of the balance sheet
Suppliers 24%Taxes and wages 19%Other 57%
Payment terms
56 days to suppliers
ACECO pays its suppliers 67 days earlier than in 2024. Customers pay 71 days earlier.
Checked score
32
Weak
Financially stronger than 7% of micro companies in specialised construction (NACE 43)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
7.0% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2025: 1.9%lowest value
02-2025: 1.9%● unchanged vs 01-2025lowest value
03-2025: 1.9%● unchanged vs 02-2025
04-2025: 2.3%▲ +0.4 percentage points vs 03-2025
05-2025: 2.4%▲ +0.1 percentage points vs 04-2025
06-2025: 2.7%▲ +0.3 percentage points vs 05-2025
07-2025: 2.7%● unchanged vs 06-2025
08-2025: 3.0%▲ +0.3 percentage points vs 07-2025
09-2025: 3.0%● unchanged vs 08-2025
10-2025: 4.1%▲ +1.1 percentage points vs 09-2025
11-2025: 4.3%▲ +0.2 percentage points vs 10-2025
12-2025: 4.5%▲ +0.2 percentage points vs 11-2025
01-2026: 4.7%▲ +0.2 percentage points vs 12-2025
02-2026: 4.7%● unchanged vs 01-2026
03-2026: 4.6%▼ -0.1 percentage points vs 02-2026
04-2026: 4.7%▲ +0.1 percentage points vs 03-2026
05-2026: 4.7%● unchanged vs 04-2026
06-2026: 4.7%● unchanged vs 05-2026
07-2026: 4.7%● unchanged vs 06-2026
08-2026: 5.2%▲ +0.5 percentage points vs 07-2026
09-2026: 5.1%▼ -0.1 percentage points vs 08-2026
10-2026: 7.0%▲ +1.9 percentage points vs 09-2026highest value
11-2026: 7.0%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Founded in 2023
Liquidity: current ratio 0.59
1 change of registered office in 24 months
lowers risk
Figures for financial year 2025 (filed on 28-07-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 15% of them on solvency, 3% on liquidity, 4% on profitability and 5% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,207 companies had the same profile as ACECO has now. Each dot stands for 4 companies, two years later.
90.1%
were still trading
4.6%
stopped another way
4.6%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ACECO itself is higher: 7.0% within 12 months. It rests on far more data about ACECO than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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 1,207 companies, not a prediction for ACECO. 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
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.59 (0.97 in 2024), below 1. Short-term debt is 87.7% of total assets. 87.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 9967 sector peers (2025).
NBB · sector comparisonPosition among 9967 sector peers
Solvency
better than 14%
← weakest
strongest →
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 28-07-2026, 3 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
3 days early
2024
54 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 26 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved from Willebroek to Vilvoorde
New registered office: Leuvensestraat 84 bus 1, 1800 Vilvoorde · Previous registered office: Vooruitgangsstraat 87, 2830 Willebroek · Board meeting of 21-06-2026 · Gazette deed
First establishment
Vooruitgangsstraat 87, Willebroek
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1003983256
Incorporation
Founding capital of €1,000, 100 shares · Founder: LABIED Redouane (sole founder) · Appointment: LABIED Redouane (director) · published on 02-01-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ACECO Vilvoorde | €46,536 | -€3,658 | 12.3% | - |
| JORDAENS MARC Malle | €50,962 | -€5,852 | 63.7% | - |
| NT IMMO POP Ganshoren | €48,918 | -€10,327 | 65.6% | - |
| G&G RENOVATIE Lubbeek | €59,112 | -€8,702 | 12.0% | - |
| ECJ Péruwelz | €51,981 | -€1,326 | 51.8% | - |
| BELSOLAR CONNECT Mons | €34,700 | -€23,053 | 37.6% | - |
| VW ELEC La Louvière | €31,920 | -€7,958 | 21.0% | - |
These companies have the same main activity as ACECO: other construction installation (NACE 43240). They are comparable in size and age: total assets between €31,900 and €59,100, founded in 2023.
Official details
Source: KBO- Status
- Active since 28-12-2023Normal situation
- Activity
- Other construction installationNACE 43240and 1 other
- Establishment unit
- 2.355.111.8942830 Willebroek, since 01-02-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 16-01-2024
Annual accounts 2025
- €46,536▼ 49.9%
- Filing
- Filed on 28-07-2026, 3 days before the end of the filing period
Insights on ACECO
Solvency fell in 2025 from 22.7% to 12.3% because of the loss.
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 ACECO
- What is the company number of ACECO?
- The company number of ACECO is 1003.983.256. The VAT number is the same number with BE in front: BE 1003.983.256.
- Where is ACECO based?
- The registered office is at Leuvensestraat 84, 1800 Vilvoorde.Company details
- What does ACECO do?
- According to the KBO register, the main activity is other construction installation (NACE 43240).
- What is the legal form of ACECO?
- ACECO is a private limited company (BV).
- When was ACECO founded?
- ACECO was founded on 28-12-2023.
- Is ACECO still active?
- Yes, ACECO is an active enterprise in the KBO register.
- What is the turnover of ACECO?
- The turnover of ACECO was €57,130 in financial year 2025, according to the filed annual accounts.Financials
- Is ACECO profitable?
- In financial year 2025, ACECO made a loss of €15,409.
- Where can I find the annual accounts of ACECO?
- ACECO filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ACECO due?
- ACECO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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