ACET
ActiveSummary
ACET has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €165,563 and a net result of -€998. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 68% of 673 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability61▼-8
Solvency75▲+3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity short (current ratio 0.02 against 0.16 in 2023; short-term debt: 31.9% and cash: 0% of total assets), and 50% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
50%
Return on assets
-0.3%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Accommodation (NACE 55)
about 6% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
68 d late
2023
433 d late
2022
276 d late
2021
641 d late
2020
1006 d late
2019
92 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 419 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 45% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€165,563▼ 0.6%
2023 · €166,561
Total assets
€331,391▼ 6.7%
2023 · €355,087
Net result
-€998
2023 · €1,384
Working capital
-€103,215▼ 15.7%
2023 · -€89,236
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 55, Accommodation, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€1,803-€168▲ 90.7%€1,700€2,517▲ 48.1%€1,173▼ 53.4%
Net result-€1,803within the sector's middle half-€168within the sector's middle half▲ 90.7%€1,700within the sector's middle half€1,384within the sector's middle half▼ 18.6%-€998within the sector's middle half
Equity€162,908within the sector's middle half▼ 1.1%€162,740within the sector's middle half▼ 0.1%€164,440within the sector's middle half▲ 1.0%€166,561within the sector's middle half▲ 1.3%€165,563within the sector's middle half▼ 0.6%
Total assets€369,460below the sector's middle half▼ 2.7%€359,018below the sector's middle half▼ 2.8%€350,083below the sector's middle half▼ 2.5%€355,087below the sector's middle half▲ 1.4%€331,391below the sector's middle half▼ 6.7%
Debt€206,552▼ 3.9%€196,278▼ 5.0%€185,643▼ 5.4%€188,526▲ 1.6%€165,828▼ 12.0%
Working capital-€41,191within the sector's middle half▼ 5.7%-€44,980within the sector's middle half▼ 9.2%-€57,340within the sector's middle half▼ 27.5%-€89,236within the sector's middle half▼ 55.6%-€103,215within the sector's middle half▼ 15.7%
Solvency44.1%within the sector's middle half▲ 0.7pp45.3%within the sector's middle half▲ 1.2pp47.0%within the sector's middle half▲ 1.6pp46.9%within the sector's middle half▼ 0.1pp50.0%within the sector's middle half▲ 3.1pp
Current ratio0.03below the sector's middle half=0.02below the sector's middle half▼ 0.010.03below the sector's middle half▲ 0.020.16below the sector's middle half▲ 0.120.02below the sector's middle half▼ 0.13
Return on assets (ROA)-0.5%within the sector's middle half▼ 0.5pp0.0%within the sector's middle half▲ 0.4pp0.5%within the sector's middle half▲ 0.5pp0.4%within the sector's middle half▼ 0.1pp-0.3%within the sector's middle half▼ 0.7pp
above
within
below
the middle half (P25 to P75) of NACE 55, Accommodation, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 53% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €331,391
Fixed assets
€328,769 ▼ 2.9%
Current assets
€2,622 ▼ 84.0%
Equity and liabilities €331,391
Equity
€165,563 ▼ 0.6%
Debt
€165,828 ▼ 12.0%
Debt's share of the balance-sheet total falls from 53.1% to 50.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€11,122▼
2023 · €12,466
Cash flow
€8,951▼
2023 · €11,333
Debt to equity
1.00▼
2023 · 1.13
ROE
-0.6%▼
2023 · 0.8%
Interest coverage
5.12▼
2023 · 11.01
Debt ≤ 1 year
€105,837▲
2023 · €105,605
Debt > 1 year
€59,991▼
2023 · €82,921
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.7%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% 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 12,321 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,116 | €10,116 | €10,116 | €9,949 | €9,949 | = |
| Other operating charges640/8 | €103 | €103 | €112 | €3,594 | €2,666 | ▼ 25.8% |
| Gross operating margin9900 | €8,416 | €10,051 | €11,928 | €16,060 | €13,788 | ▼ 14.1% |
| Operating profit (loss)9901 | -€1,803 | -€168 | €1,700 | €2,517 | €1,173 | ▼ 53.4% |
| Financial charges65/66B | - | - | - | €1,133 | €2,171 | ▲ 91.7% |
| Recurring financial charges65 | - | - | - | €1,133 | €2,171 | ▲ 91.7% |
| Profit (loss) for the period before taxes9903 | -€1,803 | -€168 | €1,700 | €1,384 | -€998 | ▼ 172% |
| Profit (loss) for the period9904 | -€1,803 | -€168 | €1,700 | €1,384 | -€998 | ▼ 172% |
| Profit (loss) for the period to be appropriated9905 | -€1,803 | -€168 | €1,700 | €1,384 | -€998 | ▼ 172% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €369,460 | €359,018 | €350,083 | €355,087 | €331,391 | ▼ 6.7% |
| Fixed assets21/28 | €368,396 | €358,280 | €348,164 | €338,718 | €328,769 | ▼ 2.9% |
| Tangible fixed assets22/27 | €368,033 | €357,917 | €347,801 | €338,355 | €328,406 | ▼ 2.9% |
| Land and buildings22 | €368,033 | €357,917 | €347,801 | €338,355 | €328,406 | ▼ 2.9% |
| Financial fixed assets28 | €363 | €363 | €363 | €363 | €363 | = |
| Current assets29/58 | €1,064 | €738 | €1,919 | €16,369 | €2,622 | ▼ 84.0% |
| Amounts receivable within one year40/41 | €386 | €386 | €386 | €8,944 | €2,611 | ▼ 70.8% |
| Trade receivables40 | - | - | - | €6,000 | - | - |
| Other amounts receivable41 | €386 | €386 | €386 | €2,944 | €2,611 | ▼ 11.3% |
| Cash at bank and in hand54/58 | €678 | €352 | €1,533 | €7,425 | €11 | ▼ 99.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €369,460 | €359,018 | €350,083 | €355,087 | €331,391 | ▼ 6.7% |
| Equity10/15 | €162,908 | €162,740 | €164,440 | €166,561 | €165,563 | ▼ 0.6% |
| Contributions10/11 | €167,600 | €167,600 | €167,600 | €167,600 | €167,600 | = |
| Profit (loss) carried forward14 | -€4,692 | -€4,860 | -€3,160 | -€1,039 | -€2,037 | ▼ 96.0% |
| Amounts payable17/49 | €206,552 | €196,278 | €185,643 | €188,526 | €165,828 | ▼ 12.0% |
| Amounts payable after more than one year17 | €164,297 | €150,560 | €126,384 | €82,921 | €59,991 | ▼ 27.7% |
| Financial debts170/4 | €159,897 | €146,160 | €121,984 | €78,521 | €55,591 | ▼ 29.2% |
| Other amounts payable178/9 | €4,400 | €4,400 | €4,400 | €4,400 | €4,400 | = |
| Amounts payable within one year42/48 | €42,255 | €45,718 | €59,259 | €105,605 | €105,837 | ▲ 0.2% |
| Current portion of amounts payable after more than one year42 | €16,527 | €17,152 | €21,420 | €21,899 | €21,684 | ▼ 1.0% |
| Trade debts44 | €680 | €918 | €1,250 | €8,343 | €8,789 | ▲ 5.4% |
| Suppliers440/4 | €680 | €918 | €1,250 | €8,343 | €8,789 | ▲ 5.4% |
| Other amounts payable47/48 | €25,048 | €27,648 | €36,589 | €75,363 | €75,363 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,803 | -€168 | €1,700 | €1,384 | -€998 | ▼ 172% |
| + Depreciation and write-downs630 | €10,116 | €10,116 | €10,116 | €9,949 | €9,949 | = |
| Operating cash flow (approximation) | €8,313 | €9,948 | €11,816 | €11,333 | €8,951 | ▼ 21.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€502 | €0 | ▲ 100% |
| Change in cash | - | -€326 | €1,181 | €5,892 | -€7,415 | ▼ 226% |
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
2025
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 68 days late
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 433 days late
2024
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 276 days late
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 641 days late
02-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1006 days late
2022
31-12
Financial
Back to profitnet €1,700
Net result €1,700 after 2 loss-making years.
2020
31-12
Financial
Weakest financial yearnet -€1,803
Net result drops to -€1,803, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
11-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 133 days late
2018
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 60 days late
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
08-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Ichtegem · 3 establishment units since 2004
Ground area
6,452 m²
Building footprint
517 m²
Volume, LiDAR
2,536 m³
2 parcels, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
3 establishment units
A C E T
since 20042.149.741.318
Chalet de Wynendaele
since 20132.246.742.803
Chalet de Wynendaele
since 20132.246.742.902
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35006D0597/00W000 | Flanders | 4,854 m² | 1 · 457 m² | 6.3 m · 2 fl. |
| 31033A0418/00A002 | Flanders | 1,598 m² | 1 · 60 m² | 6.6 m · 2 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.
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Of 732 companies in sector 55209 we hold annual accounts for 207. 145 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 (pre-2019)
Founded25-10-2004
Fiscal year end31-12
Activities, NACEBEL 2025
55209Other holiday and short-stay accommodation
70200Business and other management consultancy
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID
0208:0869629645
Also
9925:BE0869629645
Registered
31-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.