Achmar

Active

Public limited companyfounded 199234 yrs activePulse steenweg 28, 2280 Grobbendonk, BelgiumKBO/BCE: BE 0448.205.425

Summary

Achmar has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €120,412 and a net result of €5,451. Equity is shrinking by ~4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysisWatch Report Compare

AchmarActiveChecked score 95/100

Risk analysis Report Compare

Activity

Activity not known1 site

Size

€217,160total assets 2025

Equity: €120,412
Profit: €5,451

Turnover not published (abridged schema)

Financial health

95 Excellent Checked score 2025

Bankruptcy chance 12 m: < 0.1%

Structure

Accounts filed 20 d late0 of 1 deed read

Why 95- No main activity registered+ Size: total assets €217,160+ Founded in 1992+ Liquidity: current ratio 6.31, cash €45,351Show the evidence

Checked score

Score 2025

95 / 100

Excellent

Probability in this band: under 0.55%

Better than 58% of its sector peers (no NACE code, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Strong

Solvency 80+1

equity 55.4% of total assets

Liquidity 76+7

short-term debt 3.3% · cash 20.9%

Profitability 72-1

return on assets 2.5%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

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

Last 17 months 06-2025: 0.2% 07-2025: 0.3%▲ +35.1% vs 06-2025 08-2025: 0.5%▲ +52.3% vs 07-2025highest value 09-2025: 0.1%▼ -88.8% vs 08-2025 10-2025: 0.1%● 0.0% vs 09-2025 11-2025: < 0.1%▼ -2.0% vs 10-2025 12-2025: < 0.1%● 0.0% vs 11-2025 01-2026: < 0.1%▼ -2.0% vs 12-2025 02-2026: < 0.1%▲ +2.0% vs 01-2026 03-2026: < 0.1%● 0.0% vs 02-2026 04-2026: 0.1%▲ +2.0% vs 03-2026 05-2026: 0.1%▲ +2.0% vs 04-2026 06-2026: 0.1%▲ +19.2% vs 05-2026 07-2026: 0.1%▲ +12.9% vs 06-2026 08-2026: 0.2%▲ +167% vs 07-2026 09-2026: < 0.1%▼ -78.1% vs 08-2026lowest value 10-2026: < 0.1%● 0.0% vs 09-2026lowest value

Size: total assets €217,160 lowers the probability for this profile
Founded in 1992 lowers the probability for this profile
Liquidity: current ratio 6.31, cash €45,351 lowers the probability
No main activity registered raises the probability

Credit up to €11,000 at 30 days acceptable

Liquidity ample (current ratio 6.31 against 4.3 in 2024; short-term debt: 3.3% and cash: 20.9% of total assets), and 44.6% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 48%, liquidity 70%, profitability 53%, growth against the median 60%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Size: total assets €217,160

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Founded in 1992

In the bankruptcy model this factor lowers the probability for this profile.

KBO

Liquidity: current ratio 6.31, cash €45,351

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

No main activity registered

In the bankruptcy model this factor raises the probability.

KBO

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year €120,412

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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 filings

Deviation from the deadline

2025

20 d late

2024

27 d late

2023

33 d early

2022

30 d late

2021

31 d late

2020

139 d late

2019

91 d late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 7 accounts on average 44 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)

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. Usually files around 27 August (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

02-10-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage