ACERO ESTATES SCHOTEN
ActiveSummary
ACERO ESTATES SCHOTEN has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €466k and a net result of €133k. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 62% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▼-2
Solvency71▼-29
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.03 against 5.21 in 2024; short-term debt: 53.7% and cash: 3.5% of total assets), and 53.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
46.3%
Return on assets
13.2%
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 28-01-2026, 184 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
184 d early
2024
147 d early
2023
51 d early
2022
18 d early
2021
30 d late
2020
1 d early
2019
58 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€466k▼ 43.4%
2024 · €823k
2018: €537k
2019: €659k
2020: €791k
2021: €425k
2022: €560k
2023: €692k
2024: €823k
2018 → 2025
Total assets
€1.01M▲ 9.2%
2024 · €923k
2018: €714k
2019: €872k
2020: €831k
2021: €597k
2022: €729k
2023: €862k
2024: €923k
2018 → 2025
Net result
€133k▲ 1.0%
2024 · €131k
2018: €125k
2019: €122k
2020: €132k
2021: €134k
2022: €135k
2023: €132k
2024: €131k
2018 → 2025
Working capital
€15k▼ 96.4%
2024 · €420k
2018: €-138k
2019: €29k
2020: €206k
2021: €-114k
2022: €66k
2023: €243k
2024: €420k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€425k-€560k▲ 31.7%€692k▲ 23.6%€823k▲ 19.0%€466k▼ 43.4%
Operating result€184k-€184k▼ 0.1%€184k▼ 0.2%€182k▼ 0.8%€179k▼ 2.0%
Net result€134k-€135k▲ 0.2%€132k▼ 2.0%€131k▼ 0.6%€133k▲ 1.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 2% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.01M
Fixed assets
€451k ▲ 11.6%
Current assets
€557k ▲ 7.2%
Equity and liabilities €1.01M
Equity
€466k ▼ 43.4%
Debt
€542k ▲ 443%
Debt's share of the balance-sheet total rises from 10.8% to 53.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€241k▲
2024 · €227k
Cash flow
€195k▲
2024 · €176k
Current ratio
1.03▼
2024 · 5.21
Debt to equity
1.16▲
2024 · 0.12
ROE
28.5%▲
2024 · 15.9%
ROA
13.2%▼
2024 · 14.2%
Interest coverage
610.76▲
2024 · 119.26
Debt ≤ 1 year
€542k▲
2024 · €100k
Income taxes
€46k▼
2024 · €49k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€923k€1.01M▲
Fixed assets21/28€404k€451k▲
Tangible fixed assets22/27€404k€451k▲
Land and buildings22€268k€268k=
Plant, machinery and equipment23€136k€183k▲
Current assets29/58€519k€557k▲
Amounts receivable within one year40/41€105k€522k▲
Trade receivables40€105k€61k▼
Other amounts receivable41-€461k
Cash at bank and in hand54/58€414k€35k▼
Equity and liabilities
Total equity and liabilities10/49€923k€1.01M▲
Equity10/15€823k€466k▼
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€10k€10k=
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Profit (loss) carried forward14€713k€356k▼
Amounts payable17/49€100k€542k▲
Amounts payable within one year42/48€100k€542k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€98k€50k▼
Taxes450/3€98k€50k▼
Other amounts payable47/48€0€490k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€62k▲
Other operating charges640/8€19k€20k▲
Gross operating margin9900€246k€261k▲
Operating profit (loss)9901€182k€179k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€2k€394▼
Recurring financial charges65€2k€394▼
Profit (loss) for the period before taxes9903€180k€178k▼
Income taxes67/77€49k€46k▼
Profit (loss) for the period9904€131k€133k▲
Profit (loss) for the period to be appropriated9905€131k€133k▲
Appropriation of the result
Profit (loss) to be appropriated9906€713k€846k▲
Profit (loss) brought forward from the previous period14P€582k€713k▲
Profit to be distributed694/7-€490k
Return on contributions (dividend)694-€490k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-09
State Gazette act
General meeting · Name changeName change · Purpose change · Power of attorney5 facts ▸
State Gazette act
General meeting · Name change
Name change · Purpose change · Power of attorney5 facts ▸
- General meeting, 15-09-2026
- Name change, ACERO ESTATES SCHOTEN
- Purpose change
- Power of attorney
- Power of attorney, Nicky De Smet
28-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
06-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity doublescurrent ratio 5.21
Current ratio from 2.43 to 5.21; short-term debt falls from €170k to €100k.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €135k ▲0.2%
Net result €135k, the highest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 1.39
Current ratio from 0.34 to 1.39; short-term debt falls from €172k to €169k.
31-12
Financial
Equity above €500kEq €560k ▲31.7%
5 profitable years in a row build equity to €560k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity times 5current ratio 6.20
Current ratio from 1.14 to 6.20; short-term debt falls from €213k to €40k.
Show earlier events
03-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €122k ▼2.5%
Net result drops to €122k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 5current ratio 1.14
Current ratio from 0.22 to 1.14.
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
02-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Schoten · 1 establishment unit since 1992
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Metropoolstraat 82900 SchotenGround area
7,610 m²
Building footprint
4,461 m²
Volume, LiDAR
21,602 m³
Parcel 11443C0455/00D002, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
POLYTEC ESTATES BELGIUM
since 19922.058.416.907
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11443C0455/00D002 | Flanders | 7,610 m² | 1 · 4,461 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Articles of association
Purpose
Het beheer van vermogens (met dien verstande evenwel dat de werking van de vennootschap buiten de toepassing van de artikelen 159, 170, 178 en 249 lid 2, 3 van Boek IV van de wet…
Full purpose (12 activities)
- Het beheer van vermogens (met dien verstande evenwel dat de werking van de vennootschap buiten de toepassing van de artikelen 159, 170, 178 en 249 lid 2, 3 van Boek IV van de wet van 4 december 1990 over de financiële verrichtingen en de financiële markten [verder uitgevoerd bij Koninklijk Besluit van 5 augustus 1991 (Belgisch Staatsblad de dato 20 augustus daarna) over het vermogensbeheer en het beleggingsadvies blijft), zo roerende als onroerende goederen, daaronder verstaan:
- - het verwerven, vervreemden, beheren, uitbaten valoriseren, verkavelen, ordenen, huren en verhuren, promoten, het doen bouwen of verbouwen van onroerende goederen, evenals alle welkdanige onroerende goederen, evenals alle welkdanige transacties en verrichtingen;
- - het kopen en verkopen, beheren enzovoorts van alle roerende goederen en waarden, het beleggen en investeren van gelden en waarden;
- - het huren en verhuren van alle roerende en onroerende goederen.
- - De vennootschap mag alle holding activiteiten uitvoeren, omvattende onder meer:
- * het door middel van inschrijving, inbreng, fusie, samenwerking, financiële tussenkomst of anderszins verwerven van een belang of deelneming in alle bestaande of nog op te richten bedrijvigheden, vennootschappen of verenigingen in België of in het buitenland zonder onderscheid;
- * het beheren, valoriseren, verkopen, te gelde maken of anderszins vervreemden van deze participaties of belangen;
- * alle financiële transacties en financiële overeenkomsten, behoudens deze activiteiten die wettelijk zijn voorbehouden aan spaar- en depositobanken en aan vennootschappen voor vermogensbeheer en beleggingsadvies;
- * het rechtstreeks of onrechtstreeks deelnemen aan het bestuur, de directie, de controle en vereffening van de vennootschappen waarin zij een belang of deelneming heeft en in het algemeen alle verrichtingen die rechtstreeks of onrechtstreeks, geheel of gedeeltelijk verband houden met de activiteiten van een holding;
- Dit alles in de ruimste zin genomen, zowel in eigen naam, als tussenpersoon of als commissionair, in binnen- en buitenland.
- Daartoe kan de vennootschap samenwerken met, deelnemen in, of op gelijk welke wijze, rechtstreeks of onrechtstreeks, belangen nemen in ondernemingen van allerlei aard, alle verbintenissen aangaan, onroerende goederen kopen en verkopen, kredieten en leningen aangaan
- En toestaan, zich voor derden borgstellen door haar goederen in hypotheek of in pand te geven, inclusief de eigen handelszaak. Kortom zij mag alles doen wat verband houdt met bovengenoemd voorwerp of wat van aard is de verwezenlijking ervan te bevorderen.
Other provisions of the articles (1)
- Name clause: ACERO ESTATES SCHOTEN
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Of 12,022 companies in sector 68203 we hold annual accounts for 5,986. 4,427 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-07-1992
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.