ACF Construct
Annual accounts 2025
micro format, filed on 09-09-2026, 40 days lateTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €320,000. Estimated: probably between €240,000 and €530,000.
Balance sheet
balance sheet total €216,679 on 31-12-2025in euro
in euro
Position in the sector
25.6%
Higher than 32% of 9,462 companies in 2025.
0.90
Higher than 18% of 9,210 companies in 2025.
17.0%
Higher than 71% of 9,282 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
216,679 | 83,824 | 14,332 | |
21/28 |
72,100 | 2,722 | - | |
21 |
37,019 | - | - | |
22/27 |
35,081 | 2,722 | - | |
22 |
12,420 | - | - | |
24 |
22,661 | 2,722 | - | |
29/58 |
144,579 | 81,102 | 14,332 | |
40/41 |
136,470 | 65,478 | 10,996 | |
40 |
134,378 | 61,186 | 10,550 | |
41 |
2,092 | 4,292 | 446 | |
54/58 |
8,109 | 15,624 | 3,336 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
216,679 | 83,824 | 14,332 | |
10/15 |
55,391 | 18,595 | 9,471 | |
10/11 |
3,000 | 3,000 | 3,000 | |
14 |
52,391 | 15,595 | 6,471 | |
17/49 |
161,288 | 65,229 | 4,861 | |
42/48 |
161,288 | 65,229 | 4,861 | |
42 |
- | 19,769 | - | |
44 |
116,575 | 12,651 | 2,456 | |
440/4 |
116,575 | 12,651 | 2,456 | |
45 |
40,597 | 21,530 | 2,083 | |
450/3 |
21,281 | 8,880 | 2,083 | |
454/9 |
19,316 | 12,650 | - | |
47/48 |
4,116 | 11,279 | 322 | |
| Income statement | ||||
9900 |
61,656 | 14,932 | 10,474 | |
62 |
83 | - | - | |
630 |
8,903 | 778 | - | |
640/8 |
1,093 | 540 | 1,898 | |
9901 |
51,577 | 13,614 | 8,576 | |
75/76B |
5 | 1 | - | |
75 |
5 | 1 | - | |
65/66B |
1,330 | 723 | 22 | |
65 |
1,330 | 723 | 22 | |
9903 |
50,252 | 12,892 | 8,554 | |
67/77 |
13,456 | 3,768 | 2,083 | |
9904 |
36,796 | 9,124 | 6,471 | |
9905 |
36,796 | 9,124 | 6,471 | |
| Appropriation of the result | ||||
9906 |
52,391 | 15,595 | 6,471 | |
14P |
15,595 | 6,471 | - | |
| Document | ||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 09-09-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 40 days after the deadline. Filed on 9 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00509504.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 60,480 | 14,392 | - | ||
| 45,699 | 9,902 | - | ||
| 78,281 | 3,500 | - | ||
| -7,515 | 12,288 | - | ||
| -16,709 | 15,873 | 9,471 | ||
| 25.6% | 22.2% | 66.1% | ||
| 0.90 | 1.24 | 2.95 | ||
| 2.91 | 3.51 | 0.51 | ||
| 66.4% | 49.1% | 68.3% | ||
| 17.0% | 10.9% | 45.2% | ||
| 45.47 | 19.91 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €40,951 | €3,500 | - |
| Intangible fixed assets | €37,330 | - | - |
| €8,903 | €778 | - |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on ACF Construct
The operating result for 2025 is 3.8 times that of 2024 and the highest since 2023. It is the second rise in a row.
Debt's share of the balance-sheet total falls from 77.8% to 74.4%. Equity and debt are higher.