Skip to content

ACEG

Active
Private limited companyfounded 2012active for 14 yearsRinglaan 39, 1853 Grimbergen, Belgium27 active companies are registered at this addressKBO/BCE: BE 0846.351.031
Summary

ACEG has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of -€404,648. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 16% of 883 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Activity
Other technical testing and analysis
NACE 71209
3rd fastest staff growth in Flemish Brabant, Architecture and engineering sector2 sites
Size
€38.5mturnover 2025
Staff
18 FTE
Equity
€1.4m
Loss
-€404,648
Financial health
65 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Structure
Parent
HertBelgium · 99.89%
  • HertBelgiumDirector · permanent representative Gino Lescrauwaet
Auditor: BV Baker Tilly BedrijfsrevisorenAccounts 37 days early
Why 65raises riskLiquidity: current ratio 1.03, cash €119,797Equity €1.4m (8.7% of total assets)Loss of €404,648, the second in a row (financial year 2025)lowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Show the evidence

Checked score

Score 2025
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 16% of its sector peers (NACE 71, small)
Financial strength · tick = 2024
Weak
Solvency 34+1
equity 8.7% of total assets
Liquidity 2+2
short-term debt 89.1% · cash 0.8%
Profitability 16+16
return on assets -2.6%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (689 companies, NACE 71, small)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.2%▼ -0.1 percentage points vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025lowest value 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.3%▲ +0.1 percentage points vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 1.7%▲ +1.4 percentage points vs 07-2025 09-2025: 1.7%● unchanged vs 08-2025 10-2025: 1.7%● unchanged vs 09-2025 11-2025: 1.7%● unchanged vs 10-2025 12-2025: 1.7%● unchanged vs 11-2025 01-2026: 1.7%● unchanged vs 12-2025 02-2026: 1.7%● unchanged vs 01-2026 03-2026: 1.7%● unchanged vs 02-2026 04-2026: 1.8%▲ +0.1 percentage points vs 03-2026 05-2026: 1.8%● unchanged vs 04-2026 06-2026: 1.8%● unchanged vs 05-2026highest value 07-2026: 0.9%▼ -0.9 percentage points vs 06-2026 08-2026: 0.9%● unchanged vs 07-2026 09-2026: 0.9%● unchanged vs 08-2026 10-2026: 0.9%● unchanged vs 09-2026
Credit of up to €85,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.03, compared with 1.05 in 2024, below the usual 1.5; short-term debt: 89.1% and cash: 0.8% of total assets), and 91.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 71, small): better than 14% on solvency, 2% on liquidity, 11% on profitability and 37% on growth.

The bankruptcy probability was computed on 21-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.03, cash €119,797
NBB · annual accounts
raises risk · Equity €1.4m (8.7% of total assets)
NBB · annual accounts
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
raises risk · Loss of €404,648, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€404,648
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 883 sector peers (2025).
NBB · sector comparison
Position among 883 sector peers
Solvency
better than 16%
← 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 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
37 days early
2024
8 days early
2023
23 days late
2022
10 days late
2021
36 days late
2020
31 days late
2019
34 days late
← 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 13 days after the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% 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. The company usually files around 10 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
22-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointment: Baker Tilly (statutory auditor)Gazette deed
  2. Annual accounts filedfinancial year 2025 · full…
  3. RestructuringMerger · Power of attorney…

Financials · financial year 2025, full format

Turnover
€38.5m▲ 7.1%
2024 · €36.0m
EBIT margin
-1.3%▲ 11.1pp
2024 · -12.4%
Net result
-€404,648▲ 90.8%
2024 · -€4.4m
Working capital
€406,032▼ 55.5%
2024 · €912,634
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €513,694 in 2025 against €4.5m in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€38.5m 2025 Operating result-€0.5m 2025 Net result-€0.4m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€38.6m€36.0m▼ 7.0%€38.5m▲ 7.1%
Operating result€0.9m-€1.0m▲ 19.4%€1.6m▲ 56.6%€0.08m▼ 95.3%€2.3m▲ 2,887%€4.2m▲ 84.4%-€4.5m-€0.5m▲ 88.5%
Net result€0.5m-€0.7m▲ 41.0%€1.2mabove the sector's middle half▲ 67.1%-€0.02mbelow the sector's middle half€1.8mabove the sector's middle half€3.0mabove the sector's middle half▲ 71.8%-€4.4mbelow the sector's middle half-€0.4mbelow the sector's middle half▲ 90.8%
EBIT margin10.9%-12.4%▼ 23.3pp-1.3%▲ 11.1pp
Equity€0.5m-€1.0m▲ 108%€1.4mabove the sector's middle half▲ 46.2%€1.4mabove the sector's middle half▼ 1.3%€3.2mabove the sector's middle half▲ 125%€6.2mabove the sector's middle half▲ 95.4%€1.8mabove the sector's middle half▼ 71.1%€1.4mwithin the sector's middle half▼ 22.7%
Total assets€2.6m-€4.5m▲ 73.0%€6.6mabove the sector's middle half▲ 48.1%€6.7mabove the sector's middle half▲ 0.6%€8.8mabove the sector's middle half▲ 32.4%€13.7mabove the sector's middle half▲ 55.7%€22.1mabove the sector's middle half▲ 61.3%€15.7mabove the sector's middle half▼ 29.1%
Debt€2.1m-€3.5m▲ 65.2%€5.2m▲ 48.7%€5.3m▲ 1.1%€5.7m▲ 7.8%€7.6m▲ 33.5%€20.4m▲ 169%€14.3m▼ 29.6%
Working capital€0.1m-€0.5m▲ 247%€0.4mwithin the sector's middle half▼ 25.0%€0.1mwithin the sector's middle half▼ 66.0%€2.0mabove the sector's middle half▲ 1,426%€5.4mabove the sector's middle half▲ 171%€0.9mabove the sector's middle half▼ 83.1%€0.4mwithin the sector's middle half▼ 55.5%
Solvency18.1%-21.8%▲ 3.7pp21.5%within the sector's middle half▼ 0.3pp21.1%within the sector's middle half▼ 0.4pp35.8%within the sector's middle half▲ 14.7pp44.9%within the sector's middle half▲ 9.1pp8.0%below the sector's middle half▼ 36.9pp8.7%below the sector's middle half▲ 0.7pp
Current ratio1.08-1.16▲ 0.081.09below the sector's middle half▼ 0.071.03below the sector's middle half▼ 0.061.35within the sector's middle half▲ 0.331.73within the sector's middle half▲ 0.381.05below the sector's middle half▼ 0.691.03below the sector's middle half▼ 0.02
Return on assets (ROA)19.4%-15.8%▼ 3.6pp17.8%above the sector's middle half▲ 2.0pp-0.3%below the sector's middle half▼ 18.1pp19.8%above the sector's middle half▲ 20.1pp21.9%above the sector's middle half▲ 2.1pp-19.8%below the sector's middle half▼ 41.7pp-2.6%below the sector's middle half▲ 17.2pp
Staff (FTE)7.8-10.9▲ 39.7%10.2above the sector's middle half▼ 6.4%9.7within the sector's middle half▼ 4.9%12.1above the sector's middle half▲ 24.7%15within the sector's middle half▲ 24.0%15.1within the sector's middle half▲ 0.7%18within the sector's middle half▲ 19.2%
above within below the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Why a figure moved sharply
  • 2023 Net result +72% on 2022. The accounts now follow the full format, last year the abbreviated format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15.7m
Fixed assets €1.3m ▲ 20.2%
Current assets €14.4m ▼ 31.6%
Equity and liabilities €15.7m
Equity €1.4m ▼ 22.7%
Debt €14.3m ▼ 29.6%
Debt's share of the balance-sheet total falls from 92.0% to 91.3%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€382,127▲
2024 · -€4.4m
Cash flow
-€273,081▲
2024 · -€4.3m
Debt to equity
10.43▼
2024 · 11.45
ROE
-29.4%▲
2024 · -246.4%
Interest coverage
-1.08▲
2024 · -16.08
Debt ≤ 1 year
€14.0m▼
2024 · €20.1m
Debt > 1 year
€95,651▼
2024 · €135,116
Income taxes
€4,188▲
2024 · -€12,389
Staff costs
€1.2m▲
2024 · €899,171
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 912 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 95.3% are still going.

  • Small
  • 10 to 20 years old
  • solvency under 10%
  • a small loss
2.4% went bankrupt
2.1% stopped otherwise
95.3% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 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% 1.8%
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 74.5% 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 912 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 · 2025 against 2024 · 79 lines
Balance sheet Code20242025
Assets
Total assets20/58€22.1m€15.7m▼
Fixed assets21/28€1.1m€1.3m▲
Intangible fixed assets21€0.09m€0.2m▲
Tangible fixed assets22/27€1.0m€1.0m▼
Land and buildings22€0.9m€0.9m▼
Plant, machinery and equipment23€0.002m€0.003m▲
Furniture and vehicles24€0.07m€0.06m▼
Other tangible fixed assets26-€0.03m
Financial fixed assets28€0€0.2m▲
Affiliated companies280/1€0€0.2m▲
Participating interests280€0€0.2m▲
Current assets29/58€21.1m€14.4m▼
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€20.4m€13.9m▼
Trade receivables40€5.6m€5.4m▼
Other amounts receivable41€14.8m€8.5m▼
Cash at bank and in hand54/58€0.06m€0.1m▲
Deferred charges and accrued income490/1€0.6m€0.3m▼
Equity and liabilities
Total equity and liabilities10/49€22.1m€15.7m▼
Equity10/15€1.8m€1.4m▼
Contributions10/11€0.006m€0.006m=
Reserves13€6.2m€6.2m=
Non-distributable reserves130/1€0.002m€0.002m=
Reserves not available under the articles1311€0.002m€0.002m=
Tax-exempt reserves132€1.0m€1.0m=
Distributable reserves133€5.2m€5.2m=
Profit (loss) carried forward14-€4.4m-€4.8m▼
Amounts payable17/49€20.4m€14.3m▼
Amounts payable after more than one year17€0.1m€0.1m▼
Financial debts170/4€0.1m€0.1m▼
Credit institutions173€0.1m€0.1m▼
Amounts payable within one year42/48€20.1m€14.0m▼
Current portion of amounts payable after more than one year42€0.04m€0.04m▲
Financial debts43€2.7m€2.6m▼
Credit institutions430/8€2.7m€2.6m▼
Trade debts44€12.1m€3.9m▼
Suppliers440/4€12.1m€3.9m▼
Advances received on contracts in progress46€0.3m€0▼
Taxes, remuneration and social security45€0.3m€0.4m▲
Taxes450/3€0.2m€0.2m▼
Remuneration and social security454/9€0.09m€0.2m▲
Other amounts payable47/48€4.6m€7.0m▲
Accrued charges and deferred income492/3€0.09m€0.2m▲
Income statement Code20242025
Operating income70/76A€36.1m€38.6m▲
Turnover70€36.0m€38.5m▲
Other operating income74€0.08m€0.08m▲
Non-recurring operating income76A€0.07m€0▼
Operating charges60/66A€40.6m€39.1m▼
Goods for resale, raw materials and consumables60€28.5m€26.9m▼
Purchases600/8€28.5m€26.9m▼
Services and other goods61€10.7m€10.5m▼
Remuneration, social security and pensions62€0.9m€1.2m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.1m€0.1m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0.3m€0.2m▼
Other operating charges640/8€0.01m€0.08m▲
Non-recurring operating charges66A€0.04m€0.07m▲
Operating profit (loss)9901-€4.5m-€0.5m▲
Financial income75/76B€0.4m€0.6m▲
Recurring financial income75€0.4m€0.6m▲
Income from financial fixed assets750-€0.03m
Income from current assets751€0.4m€0.2m▼
Other financial income752/9€0.01m€0.3m▲
Financial charges65/66B€0.3m€0.5m▲
Recurring financial charges65€0.3m€0.5m▲
Debt charges650€0.3m€0.4m▲
Other financial charges652/9€0.04m€0.1m▲
Non-recurring financial charges66B€0.002m€0▼
Profit (loss) for the period before taxes9903-€4.4m-€0.4m▲
Income taxes67/77-€0.01m€0.004m▲
Taxes670/3€0.01m€0.004m▼
Tax adjustments and reversals of tax provisions77€0.02m€0▼
Profit (loss) for the period9904-€4.4m-€0.4m▲
Transfer to tax-exempt reserves689€0-
Profit (loss) for the period to be appropriated9905-€4.4m-€0.4m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€4.4m-€4.8m▼
Profit (loss) brought forward from the previous period14P€0.005m-€4.4m▼
Transfer to equity691/2€0-
To other reserves6921€0-
Social balance sheet
Average headcount (FTE)908715.118.0▲

The notes to these accounts (93 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Operating income70/76A-----€38.8m€36.1m€38.6m▲ 6.9%
Turnover70-----€38.6m€36.0m€38.5m▲ 7.1%
Other operating income74-----€0.1m€0.08m€0.08m▲ 2.9%
Non-recurring operating income76A---€0--€0.07m€0▼ 100%
Operating charges60/66A-----€34.6m€40.6m€39.1m▼ 3.7%
Goods for resale, raw materials and consumables60-----€25.1m€28.5m€26.9m▼ 5.6%
Purchases600/8-----€25.1m€28.5m€26.9m▼ 5.6%
Services and other goods61-----€8.1m€10.7m€10.5m▼ 1.9%
Remuneration, social security and pensions62---€0.4m€0.6m€1.0m€0.9m€1.2m▲ 38.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.06m€0.07m€0.1m€0.09m€0.09m€0.09m€0.1m€0.1m▲ 13.6%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-----€0.2m€0.3m€0.2m▼ 50.5%
Other operating charges640/8---€0.1m€0.04m€0.04m€0.01m€0.08m▲ 483%
Non-recurring operating charges66A----€0.06m€0.01m€0.04m€0.07m▲ 100%
Gross operating margin9900€1.3m€1.6m€2.3m€0.7m€3.1m----
Operating profit (loss)9901€0.9m€1.0m€1.6m€0.08m€2.3m€4.2m-€4.5m-€0.5m▲ 88.5%
Financial income75/76B---€0.05m€0.2m€0.2m€0.4m€0.6m▲ 52.7%
Recurring financial income75€0.02m€0.01m€0.04m€0.05m€0.2m€0.2m€0.4m€0.6m▲ 52.7%
Income from financial fixed assets750-------€0.03m-
Income from current assets751-----€0.2m€0.4m€0.2m▼ 33.9%
Other financial income752/9-----€0.03m€0.01m€0.3m▲ 2,757%
Financial charges65/66B---€0.07m€0.08m€0.3m€0.3m€0.5m▲ 55.1%
Recurring financial charges65€0.07m€0.05m€0.08m€0.07m€0.08m€0.3m€0.3m€0.5m▲ 56.4%
Debt charges650-----€0.2m€0.3m€0.4m▲ 30.2%
Other financial charges652/9-----€0.06m€0.04m€0.1m▲ 257%
Non-recurring financial charges66B------€0.002m€0▼ 100%
Profit (loss) for the period before taxes9903€0.7m€1.0m€1.6m€0.06m€2.4m€4.1m-€4.4m-€0.4m▲ 90.9%
Income taxes67/77€0.2m€0.3m€0.4m€0.08m€0.6m€1.1m-€0.01m€0.004m-
Taxes670/3-----€1.1m€0.01m€0.004m▼ 63.2%
Tax adjustments and reversals of tax provisions77------€0.02m€0▼ 100%
Profit (loss) for the period9904€0.5m€0.7m€1.2m-€0.02m€1.8m€3.0m-€4.4m-€0.4m▲ 90.8%
Transfer to tax-exempt reserves689-----€1.0m€0--
Profit (loss) for the period to be appropriated9905€0.5m€0.7m€1.2m-€0.02m€1.8m€2.0m-€4.4m-€0.4m▲ 90.8%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€2.6m€4.5m€6.6m€6.7m€8.8m€13.7m€22.1m€15.7m▼ 29.1%
Fixed assets21/28€0.7m€0.8m€1.9m€1.4m€1.2m€1.0m€1.1m€1.3m▲ 20.2%
Intangible fixed assets21€0.08m€0.1m€0.1m€0.1m€0.1m€0.1m€0.09m€0.2m▲ 63.2%
Tangible fixed assets22/27€0.5m€0.5m€1.7m€1.1m€0.9m€0.9m€1.0m€1.0m▼ 3.8%
Land and buildings22---€1.0m€0.8m€0.8m€0.9m€0.9m▼ 7.0%
Plant, machinery and equipment23---€0.002m€0€0.002m€0.002m€0.003m▲ 92.9%
Furniture and vehicles24---€0.06m€0.05m€0.03m€0.07m€0.06m▼ 10.0%
Leasing and similar rights25---€0-----
Other tangible fixed assets26---€114€0--€0.03m-
Financial fixed assets28€0.1m€0.2m€0.2m€0.2m€0.2m€0.003m€0€0.2m-
Affiliated companies280/1-----€0.003m€0€0.2m-
Participating interests280-----€0.003m€0€0.2m-
Current assets29/58€1.9m€3.7m€4.7m€5.2m€7.6m€12.7m€21.1m€14.4m▼ 31.6%
Amounts receivable after more than one year29---€0.05m€0----
Other amounts receivable291---€0.05m€0----
Stocks and contracts in progress3-----€0€0€0-
Amounts receivable within one year40/41€1.8m€3.6m€4.5m€5.2m€7.5m€12.0m€20.4m€13.9m▼ 31.7%
Trade receivables40---€2.1m€4.2m€6.8m€5.6m€5.4m▼ 3.4%
Other amounts receivable41---€3.1m€3.4m€5.2m€14.8m€8.5m▼ 42.4%
Cash at bank and in hand54/58€0.09m€0.04m€0.1m€0.02m€0.06m€0.5m€0.06m€0.1m▲ 86.9%
Deferred charges and accrued income490/1---€0.02m€0.03m€0.2m€0.6m€0.3m▼ 41.8%
Equity and liabilities
Total equity and liabilities10/49€2.6m€4.5m€6.6m€6.7m€8.8m€13.7m€22.1m€15.7m▼ 29.1%
Equity10/15€0.5m€1.0m€1.4m€1.4m€3.2m€6.2m€1.8m€1.4m▼ 22.7%
Contributions10/11€0.006m€0.006m-€0.006m€0.006m€0.006m€0.006m€0.006m=
Reserves13€0.2m€0.5m€1.4m€1.4m€1.4m€6.2m€6.2m€6.2m=
Non-distributable reserves130/1---€0.002m€0.002m€0.002m€0.002m€0.002m=
Reserves not available under the articles1311---€0.002m€0.002m€0.002m€0.002m€0.002m=
Tax-exempt reserves132-----€1.0m€1.0m€1.0m=
Distributable reserves133---€1.4m€1.4m€5.2m€5.2m€5.2m=
Profit (loss) carried forward14€0.3m€0.5m€0€0€1.8m€0.005m-€4.4m-€4.8m▼ 9.2%
Amounts payable17/49€2.1m€3.5m€5.2m€5.3m€5.7m€7.6m€20.4m€14.3m▼ 29.6%
Amounts payable after more than one year17€0.4m€0.3m€0.9m€0.1m€0-€0.1m€0.1m▼ 29.2%
Financial debts170/4---€0.1m€0-€0.1m€0.1m▼ 29.2%
Credit institutions173------€0.1m€0.1m▼ 29.2%
Amounts payable within one year42/48€1.7m€3.2m€4.3m€5.1m€5.6m€7.4m€20.1m€14.0m▼ 30.5%
Current portion of amounts payable after more than one year42---€0.04m€0-€0.04m€0.04m▲ 4.7%
Financial debts43---€0.2m€0.2m€2.1m€2.7m€2.6m▼ 5.0%
Credit institutions430/8---€0.2m€0.01m€2.1m€2.7m€2.6m▼ 5.0%
Other loans439----€0.2m€0---
Trade debts44€0.06m€0.05m€0.1m€1.4m€0.2m€0.9m€12.1m€3.9m▼ 67.8%
Suppliers440/4---€1.4m€0.2m€0.9m€12.1m€3.9m▼ 67.8%
Advances received on contracts in progress46---€0.007m€0.007m€0€0.3m€0▼ 100%
Taxes, remuneration and social security45---€0.2m€0.4m€0.3m€0.3m€0.4m▲ 27.9%
Taxes450/3---€0.1m€0.3m€0.2m€0.2m€0.2m▼ 16.8%
Remuneration and social security454/9---€0.04m€0.08m€0.08m€0.09m€0.2m▲ 127%
Other amounts payable47/48---€3.3m€4.9m€4.1m€4.6m€7.0m▲ 53.3%
Accrued charges and deferred income492/3---€0€0.02m€0.2m€0.09m€0.2m▲ 179%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€0.5m€0.7m€1.2m-€0.02m€1.8m€3.0m-€4.4m-€0.4m▲ 90.8%
+ Depreciation and write-downs630€0.06m€0.07m€0.1m€0.09m€0.09m€0.09m€0.1m€0.1m▲ 13.6%
Operating cash flow (approximation)€0.6m€0.8m€1.3m€0.07m€1.8m€3.1m-€4.3m-€0.3m▲ 93.6%
Investment in fixed assets (approximation)--€0.2m-€1.2m€0.4m€0.1m€0.1m-€0.2m-€0.4m▼ 59.1%
Change in cash--€0.05m€0.06m-€0.09m€0.04m€0.4m-€0.4m€0.06m-

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

Download as CSV

Latest 10 of 13 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 24-06-2026 2026-00200314
31-12-2024 full format 23-07-2025 2025-00299499
31-12-2023 full format 23-08-2024 2024-00372751
31-12-2022 abbreviated format 10-08-2023 2023-00333047
31-12-2021 abbreviated format 05-09-2022 2022-20419038
31-12-2020 abbreviated format 31-08-2021 2021-63200185
31-12-2019 abbreviated format 03-09-2020 2020-51200532
31-12-2018 abbreviated format 01-07-2019 2019-27400436
31-12-2017 abbreviated format 31-08-2018 2018-60600192
31-12-2016 abbreviated format 30-09-2017 2017-65900182

Show all 13 filings

Similar companies · same sector, comparable size

Of the 2,142 active companies whose main activity is other technical testing and analysis (NACE 71209), figures are known for 1,099. 500 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2025 · 3 entries · €9,332 awarded · €9,332 paid
Year Entries AwardedPaid
2025 1 €1,280€1,280
2024 1 €552€552
2022 1 €7,500€7,500
Schemes
3 entries · €9,332 · €9,332 paid · Fonds voor Innoveren en Ondernemen

Public contracts

3 awards · 2024 to 2026
Contrôle des installations électriques par organisme(s) agréé(s): Contrôle des cabines et postes de transformation aériens (incluant les armoires basse tension mobiles) pour les régions Wallonie Est et Brabant Wallon
buyer: Intercommunale ORES ASSETS SCArchitectural, engineering and inspection servicesawarded 17-06-2026€2.5m4 tendersTED 567589-2026
Raamovereenkomst voor Keuringen door 1 dienstverlener voor technische controles op de werkplaats
buyer: Vlaamse Dienst voor Arbeidsbemiddeling en BeroepsopleidingArchitectural, engineering and inspection servicesawarded 05-01-2026€182,6412 tendersTED 94135-2026
Periodieke Keuringen hefwerktuigen en toebehoren, ladders, veiligheidsmaterialen, lastoestellen, liften en visueel onderzoek van taatspotten: PRO/MB/2023/00008bis - 1
buyer: Aquafin NVArchitectural, engineering and inspection servicespublished 29-04-2024€624,8612 tendersTED 254091-2024

Source: TED (Tenders Electronic Daily), Publications Office of the European Union. Values as the buyer published them; for a framework agreement, a ceiling.

Directors

Directors
1 director, no change since 2020

Board 1

HertBelgium
Statutory director · since 24-12-2020 · Private limited company · permanent representative: Gino Lescrauwaet
Current

Permanent representatives 1

Gino Lescrauwaet
Permanent representative · since 24-12-2020 · for HertBelgium
Current

Statutory auditor 1

BV Baker Tilly Bedrijfsrevisoren
Statutory auditor · since 16-04-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

4 people since 2012, 2 in office
Show
  • Board
  • Statutory auditor
Mandates per person, with start and end dates
Name Functions and periods
HertBelgium
  • Manager, from 12-02-2016 to 24-12-2020
  • Statutory director, from 24-12-2020 to date
BV Baker Tilly Bedrijfsrevisoren
  • Statutory auditor, from 16-04-2024 to date
EPB XL
  • Manager (not named in the articles), from 12-11-2012 to 12-02-2016
KONNECTZ
  • Manager (not named in the articles), from 31-03-2015 to 12-02-2016
See the board, name and registered office on a given date →

Owners and capital

Owners

1 owner

Chain of control

  1. ACEG GROUP 100%
  2. HertBelgium 99.89%
  3. ACEG

Highest known parent: ACEG GROUP. The sources do not say who stands above it.

Owners 1

According to the 2025 annual accounts of ACEG and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 07-06-2012 ↗
  • WY (BE 0824.576.511) founder
  • G&S (BE 0812.172.090) founder

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 10-03-2026 Capital stated in the deed · 9,300 shares
  2. 07-06-2012 Incorporation · €18,600 · 186 shares

Group and network

Holdings and subsidiaries

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

Stated earlier (1)

Merged into this company on 26-05-2026.

According to the 2025 annual accounts of ACEG and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

1 connected company
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
RESEARCH & SOLUTIONS
Shared corporate director
→

Acquisitions and mergers

1 transaction
Took over:ATLC
BE 0552.674.821merger by absorption · Gazette deed of 26-05-2026 (4 acts)

History

ACEG was incorporated on 5 June 2012 by WY and G&S, with a starting capital of €18,600.12 The registered office moved to Strombeek-Bever in 2015, to Grimbergen in 2016 and to Strombeek-Bever in 2020.345 In 2026 the company absorbed ATLC by merger.6 Since 2020, HertBelgium has served as statutory director of the company.7

  1. 1KBO register
  2. 2Belgian Official Gazette, 07-06-2012
  3. 3Belgian Official Gazette, 08-09-2015
  4. 4Belgian Official Gazette, 31-05-2016
  5. 5Belgian Official Gazette, 14-10-2020
  6. 6Belgian Official Gazette, 26-05-2026
  7. 7Belgian Official Gazette, 25-02-2021

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
20-10
Gazette deed Appointment: Baker Tilly (statutory auditor)
1 fact ▸
  • Auditor appointment, Baker Tilly
24-06
NBB filing Annual accounts filed
financial year 2025 · full format
13-05
Gazette deed Restructuring
Merger · Power of attorney · Director discharge8 facts ▸
  • Other provision, “waiver of interim accounts, niet meer dan drie maanden vóór datum fusievoorstel” (deed in Dutch)
  • Merger, “fusie door overneming, vereenvoudigde fusie” (deed in Dutch)
  • Other provision, “algemene beschrijving overgedragen vermogen, hele vermogen overgaat onder algemene titel” (deed in Dutch)
  • Other provision, “verwezenlijking fusie, hele vermogen overgegaan naar overnemende vennootschap” (deed in Dutch)
  • Power of attorney
  • General meeting, “buitengewone algemene vergadering” (deed in Dutch)
  • Power of attorney, Stefaan VANROY
  • Director discharge, ATLC (bestuurders)
10-03
Gazette deed Miscellaneous
Permanent representative: Gino Lescrauwaet · Merger · Shareholding14 facts ▸
  • Merger, “met fusie door overneming gelijkgestelde verrichting, geruisloze fusie” (deed in Dutch)
  • Shareholding
  • Other provision, 01-01-2026, “KBO-inschrijving” (deed in Dutch)
  • Other provision, “aanduiding in fusievoorstel, overnemende vennootschap” (deed in Dutch)
  • Capital (2 times)
  • Board composition, BV HERTBELGIUM (enige bestuurders)
  • Permanent representative, Gino Lescrauwaet (representative)
  • Other provision, 01-01-2025, “KBO-inschrijving” (deed in Dutch)
  • Other provision, “aanduiding in fusievoorstel, over te nemen vennootschap” (deed in Dutch)
  • Board composition, Filip Michiels (sole director)
  • Accounting effect, 01-01-2026
  • Other provision, “rechten voor houders van bijzondere rechten en andere effecten dan aandelen, artikel 12:50,lid 1,3° WVV” (deed in Dutch)
  • +2 further facts in this act
2025
23-07
NBB filing Annual accounts filed
financial year 2024 · full format
2024
31-12
Financial Weakest financial yearnet -€4.4m
Net result drops to -€4.4m, the lowest in the series; recovery starts the following year.
23-08
NBB filing Annual accounts filed
financial year 2023 · full format · 23 days late
29-07
Gazette deed Resignations & appointments
Director in office · Power of attorney4 facts ▸
  • Board meeting, 06-05-2024
  • Director in office, BV Hertbelgium (director)
  • Power of attorney, Wesley Moreels
  • Power of attorney, Evi De Groef
16-04
Gazette deed Appointment: Baker Tilly Bedrijfsrevisoren BV (statutory auditor)
Permanent representative: Lescrauwaet,Gino5 facts ▸
  • General meeting, 24-11-2023
  • Auditor appointment, Baker Tilly Bedrijfsrevisoren BV (statutory auditor)
  • Other provision, “bedrijfsrevisor, vertegenwoordiging commissaris” (deed in Dutch) (2 times)
  • Other provision, “aanvaarding commissarismandaat, aanvaarding mandaat” (deed in Dutch)
  • Permanent representative, Lescrauwaet,Gino
2023
31-12
Financial Highest result from 2018 to 2025net €3.0m ▲71.8%
Operating result €4.2m, net result €3.0m, both a record.
31-12
Financial Equity above €5mequity €6.2m ▲95.4%
2 profitable years in a row build equity to €6.2m.
10-08
NBB filing Annual accounts filed
financial year 2022 · abbreviated format · 10 days late
Show earlier events
2022
31-12
Financial Back to profitnet €1.8m
Net result €1.8m after one loss-making year.
31-12
Financial Equity above €2mequity €3.2m ▲125%
Equity rises from €1.4m to €3.2m.
05-09
NBB filing Annual accounts filed
financial year 2021 · abbreviated format · 36 days late
2021
29-09
Gazette deed Name
Amendment of the articles · Power of attorney3 facts ▸
  • Amendment of the articles (2 times)
  • Power of attorney, Christine Chaltin
  • Power of attorney, De bestuurder
31-08
NBB filing Annual accounts filed
financial year 2020 · abbreviated format · 31 days late
25-02
Gazette deed Resignation: HertBelgium (manager)
Appointments: HertBelgium (statutory director) and ACEG (statutory auditor) · Permanent representative: Gino Lescrauwaet · Amendment of the articles11 facts ▸
  • General meeting, 24-12-2020
  • Amendment of the articles
  • Purpose change, “Wijziging van het voorwerp conform verslag” (deed in Dutch)
  • Share split, 9300, 186
  • Director resignation, HertBelgium (manager)
  • Director appointment, HertBelgium (statutory director)
  • Permanent representative, Gino Lescrauwaet
  • Mandate compensation, HertBelgium
  • Registered-office move, Ringlaan 39, 1953 Strombeek-Bever
  • Capital conversion, 12400.0, 8060.0
  • Auditor appointment, ACEG
2020
31-12
Financial Equity above €1mequity €1.4m ▲46.2%
A profit in every financial year since 2018 builds equity to €1.4m.
14-10
Gazette deed Permanent representatives: LBG BV and Gino Lescrauwaet
Registered-office move4 facts ▸
  • General meeting, 17-08-2020
  • Registered-office move, Ringlaan 39, 1853 Strombeek-Bever
  • Permanent representative, LBG BV
  • Permanent representative, Gino Lescrauwaet
03-09
NBB filing Annual accounts filed
financial year 2019 · abbreviated format · 34 days late
2019
31-12
Financial Equity above €500,000equity €973,576 ▲108%
A profit in every financial year since 2018 builds equity to €973,576.
01-07
NBB filing Annual accounts filed
financial year 2018 · abbreviated format
2018
31-08
NBB filing Annual accounts filed
financial year 2017 · abbreviated format · 31 days late
2017
30-09
NBB filing Annual accounts filed
financial year 2016 · abbreviated format · 61 days late
22-09
Gazette deed Resignations: G & S Comm.V. (permanent representative) and EPB XL. (permanent representative)
Permanent representatives: LBG BVBA and Gino Lescrauwaet5 facts ▸
  • General meeting, 25-11-2016
  • Director resignation, G & S Comm.V. (permanent representative)
  • Director resignation, EPB XL. (permanent representative)
  • Permanent representative, LBG BVBA
  • Permanent representative, Gino Lescrauwaet
2016
31-05
Gazette deed Resignations: Konnectz BVBA, EPB XL BVBA and G&SComm.V.
Appointment: Keuringsplatform BVBA (manager) · Permanent representatives: Levi Vaneycken, Gino Lescrauwaet and 2 others · Mandate compensation11 facts ▸
  • General meeting, 12-02-2016
  • Director resignation, Konnectz BVBA (manager)
  • Director resignation, EPB XL BVBA (manager)
  • Director resignation, G&SComm.V. (manager)
  • Director appointment, Keuringsplatform BVBA (manager)
  • Permanent representative, Levi Vaneycken
  • Permanent representative, Gino Lescrauwaet
  • Mandate compensation, Keuringsplatform BVBA
  • Registered-office move, Romeinsesteenweg 524 bus 28 B, 1853 Grimbergen
  • Permanent representative, EPB XL BVBA
  • Permanent representative, G&SComm.V.
2015
08-09
Gazette deed Registered office
Registered-office move2 facts ▸
  • General meeting, 01-06-2015
  • Registered-office move, Romeinsesteenweg 524 bus 15, 1853 Strombeek-Bever
16-06
Gazette deed Appointment: Konnectz bvba (manager)
Permanent representatives: Kristof De Craecker, Levi Vaneycken and Gino Lescrauwaet8 facts ▸
  • General meeting, 31-03-2015
  • Director appointment, Konnectz bvba (manager (not named in the articles))
  • Permanent representative, Kristof De Craecker
  • Board composition, EPB XL BVBA (manager)
  • Permanent representative, Levi Vaneycken
  • Board composition, G & S Comm. V. (manager)
  • Permanent representative, Gino Lescrauwaet
  • Board composition, Konnectz bvba (manager)
27-03
Gazette deed Resignation: Comm.V. WY (manager)
Permanent representative: Platteau Wouter · Director discharge4 facts ▸
  • General meeting, 30-01-2015
  • Director resignation, Comm.V. WY (manager)
  • Permanent representative, Platteau Wouter
  • Director discharge, Comm.V. WY
2012
05-12
Gazette deed Appointment: ERB XL (manager)
Permanent representative: VANEYCKEN Levi · Amendment of the articles4 facts ▸
  • General meeting, 12-11-2012
  • Director appointment, ERB XL (manager (not named in the articles))
  • Permanent representative, VANEYCKEN Levi
  • Amendment of the articles
07-06
Gazette deed Incorporation
Appointments: WY (manager) and G&S (manager) · Permanent representatives: Wouter PLATTEAU and Gino LESCRAUWAET · Founder10 facts ▸
  • Incorporation, 30-05-2012
  • Founder, WY
  • Founder, G&S
  • Founding capital, €18,600
  • Director appointment, WY (manager)
  • Permanent representative, Wouter PLATTEAU
  • Director appointment, G&S (manager)
  • Permanent representative, Gino LESCRAUWAET
  • Mandate compensation, WY
  • Mandate compensation, G&S
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 13 annual accounts filed, the latest 10 are here; all 13 are under Financials.
15 of 15 deeds read

Register details

Identification
Legal formPrivate limited company
Founded05-06-2012
Financial year end31-12
Trade name NL E-Control
Activities, NACEBEL 2025
71209Other technical testing and analysis
E-invoicing
Reachable via Peppol
Peppol ID 0208:0846351031
Also 9925:BE0846351031
Registered 22-12-2025

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

Register as of 22 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Grimbergen · 2 establishment units since 2012
registered office establishment 1 of 2 establishment units on the map
Ground area
9,119 m²
Building footprint
1,742 m²
Building volume
21,016 m³
Parcel 23084A0271/00A005, Flanders · tallest building 16.6 m. Linked by address, not a title deed.
27 companies at this address See who is registered here
2 establishment units
Aceg
Ringlaan 39, 1853 GrimbergenOther technical testing and analysis
since 2012unit no. 2.210.263.972
Rue du Fond Cattelain 2, 1435 Mont-Saint-Guibert
Other technical testing and analysis
since 2022unit no. 2.331.872.179
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
23084A0271/00A005 Flanders 9,119 m² 1 · 1,742 m² 16.6 m · 4
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

PurposeThe activities the company may carry out under its articles.
“Aanleveren van attesten van duurzaamheid, energie, milieu; technische opleidingen en seminaries, adviezen, niet wettelijke controles…” (deed in Dutch)
Text of the purpose (deed in Dutch)

“Aanleveren van attesten van duurzaamheid, energie, milieu; technische opleidingen en seminaries, adviezen, niet wettelijke controles, risicoanalyse; alle advies met betrekking tot onroerend goed in het algemeen en stedenbouwkunde in het bijzonder; onderneming in de onroerende goederen; het beheer van onroerende goederen; organisatie van wettelijke en technische controles van: IN SEGMENT ELEKTRICITEIT... IN SEGMENT GAS... IN SEGMENT VAN BRAND... IN SEGMENT HEFWERKTUIGEN EN LIFTEN... IN HET SEGMENT THERMOGRAFIE... IN HET SEGMENT WATER, RIOLERING en ASBEST... IN HET SEGMENT ENERGIE... IN HET SEGMENT DRUK... IN HET SEGMENT RISICOANALYSE... Het beheren van beleggingen en van participaties in dochtervennootschappen... Alle bovenvermelde controles, onderzoeken en ontwikkelingen volgens de Belgische wetgeving dienen in de ruimste zin geïnterpreteerd te worden.”

The full purpose is in the deed

deed of 25-02-2021
Other provisionsOther rules from the articles that fall under none of the themes above.
Other provision: “Huurcontracten en gebruiksrechten, eerbiedigen zoals overgenomen vennootschap gehouden was” (deed in Dutch)
4 more provisions in the deed, see the deed of 13-05-2026
deed of 13-05-2026

Read from the deeds: 6 provisions, deed of 13-05-2026