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ACHRO

Active
Public limited companyfounded 201015 yrs activePoelstraat 10, 9280 Lebbeke, BelgiumKBO/BCE: BE 0831.943.561
Summary

ACHRO has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €576,091 and a net result of -€97,822. Equity is shrinking by ~2.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability3▼-2
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity short (current ratio 0.03 against 0.28 in 2024; short-term debt: 8.1% and cash: 0.2% of total assets), and 23.9% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 15 years 0 20 y
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 -€97,822
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 16-02-2026, 73 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
73 d early
2024
47 d early
2023
15 d early
2022
6 d early
2021
50 d early
2020
50 d early
2019
21 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 37 days before 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)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · 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

History

On 16 December 2010, ACHRO was incorporated.1 Total assets went from EUR 1.3 million in 2018 to EUR 757,340 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€576,091▼ 14.5%
2024 · €673,913
Total assets
€757,340▼ 4.2%
2024 · €790,887
Net result
-€97,822▼ 11.5%
2024 · -€87,747
Working capital
-€59,374▼ 44.0%
2024 · -€41,246
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€2,079▲ 58.8%€10,317-€46,948-€80,356▼ 71.2%-€93,079▼ 15.8%
Net result€28,635€18,883▼ 34.1%-€44,398-€87,747▼ 97.6%-€97,822▼ 11.5%
Equity€787,175▲ 3.8%€806,058▲ 2.4%€761,661▼ 5.5%€673,913▼ 11.5%€576,091▼ 14.5%
Total assets€1.0m▼ 2.7%€1.0m▼ 1.4%€906,909▼ 11.3%€790,887▼ 12.8%€757,340▼ 4.2%
Debt€249,686▼ 18.6%€216,570▼ 13.3%€145,249▼ 32.9%€116,974▼ 19.5%€181,249▲ 54.9%
Working capital€25,473€132,422▲ 420%€64,806▼ 51.1%-€41,246-€59,374▼ 44.0%
Staff (FTE)0
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000-€50,000€0€50,000Operating result 2021: -€2,079-€2,079Net result 2021: €28,635€28,635Operating result 2022: €10,317€10,317Net result 2022: €18,883€18,883Operating result 2023: -€46,948-€46,948Net result 2023: -€44,398-€44,398Operating result 2024: -€80,356-€80,356Net result 2024: -€87,747-€87,747Operating result 2025: -€93,079-€93,079Net result 2025: -€97,822-€97,82220212022202320242025-€100,000-€75,000-€50,000-€25,000€0Operating result 2023: -€46,948-€46,900Net result 2023: -€44,398-€44,400Operating result 2024: -€80,356-€80,400Net result 2024: -€87,747-€87,700Operating result 2025: -€93,079-€93,100Net result 2025: -€97,822-€97,800202320242025
The operating result stays negative: a loss of €93,079 in 2025 against €80,356 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €757,340
Fixed assets €755,465 ▼ 2.5%
Current assets €1,875 ▼ 88.1%
Equity and liabilities €757,340
Equity €576,091 ▼ 14.5%
Debt €181,249 ▲ 54.9%
Debt's share of the balance-sheet total rises from 14.8% to 23.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€58,087▼
2024 · -€48,276
Cash flow
-€62,831▼
2024 · -€55,667
Current ratio
0.03▼
2024 · 0.28
Debt to equity
0.31▲
2024 · 0.17
ROE
-17.0%▼
2024 · -13.0%
ROA
-12.9%▼
2024 · -11.1%
Interest coverage
-12.25▼
2024 · -6.52
Debt ≤ 1 year
€61,249▲
2024 · €56,974
Debt > 1 year
€120,000▲
2024 · €60,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 371 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 92% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
0.8% went bankrupt
6.7% stopped otherwise
92% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 371 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 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€790,887€757,340▼
Fixed assets21/28€775,159€755,465▼
Tangible fixed assets22/27€775,159€755,465▼
Land and buildings22€775,159€755,465▼
Current assets29/58€15,728€1,875▼
Amounts receivable within one year40/41€0-
Trade receivables40€0-
Other amounts receivable41€0-
Cash at bank and in hand54/58€15,728€1,875▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€790,887€757,340▼
Equity10/15€673,913€576,091▼
Contributions10/11€130,000€130,000=
Capital10€130,000€130,000=
Issued capital100€130,000€130,000=
Reserves13€543,913€446,091▼
Non-distributable reserves130/1€13,000€13,000=
Legal reserve130€13,000€13,000=
Distributable reserves133€530,913€433,091▼
Amounts payable17/49€116,974€181,249▲
Amounts payable after more than one year17€60,000€120,000▲
Financial debts170/4€60,000€120,000▲
Amounts payable within one year42/48€56,974€61,249▲
Current portion of amounts payable after more than one year42€40,000€40,000=
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€6,963€4,126▼
Suppliers440/4€6,963€4,126▼
Taxes, remuneration and social security45€1,129€0▼
Taxes450/3€1,129€0▼
Other amounts payable47/48€8,882€17,123▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32,080€34,992▲
Other operating charges640/8€4,961€3,876▼
Gross operating margin9900-€43,314-€54,211▼
Operating profit (loss)9901-€80,356-€93,079▼
Financial income75/76B€17€0▼
Recurring financial income75€17€0▼
Financial charges65/66B€7,408€4,743▼
Recurring financial charges65€7,408€4,743▼
Profit (loss) for the period before taxes9903-€87,747-€97,822▼
Income taxes67/77€0-
Profit (loss) for the period9904-€87,747-€97,822▼
Profit (loss) for the period to be appropriated9905-€87,747-€97,822▼
Appropriation of the result
Profit (loss) to be appropriated9906-€87,747-€97,822▼
Transfer from equity791/2€87,747€97,822▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42,433€30,606€33,426€32,080€34,992▲ 9.1%
Other operating charges640/8-€3,405€4,978€4,961€3,876▼ 21.9%
Gross operating margin9900€44,349€44,327-€8,543-€43,314-€54,211▼ 25.2%
Operating profit (loss)9901-€2,079€10,317-€46,948-€80,356-€93,079▼ 15.8%
Financial income75/76B-€22,026€9,175€17€0▼ 100%
Recurring financial income75€9,098€8,060€9,175€17€0▼ 100%
Non-recurring financial income76B-€13,967€0---
Financial charges65/66B-€5,066€6,638€7,408€4,743▼ 36.0%
Recurring financial charges65€4,936€5,066€6,638€7,408€4,743▼ 36.0%
Profit (loss) for the period before taxes9903€32,620€27,277-€44,411-€87,747-€97,822▼ 11.5%
Income taxes67/77€3,985€8,394-€13€0--
Profit (loss) for the period9904€28,635€18,883-€44,398-€87,747-€97,822▼ 11.5%
Profit (loss) for the period to be appropriated9905€28,635€18,883-€44,398-€87,747-€97,822▼ 11.5%
Line20212022202320242025Change
Assets
Total assets20/58€1.0m€1.0m€906,909€790,887€757,340▼ 4.2%
Fixed assets21/28€941,703€813,636€796,855€775,159€755,465▼ 2.5%
Tangible fixed assets22/27€836,032€813,636€796,855€775,159€755,465▼ 2.5%
Land and buildings22-€813,636€796,855€775,159€755,465▼ 2.5%
Financial fixed assets28€105,670€0----
Current assets29/58€95,159€208,992€110,054€15,728€1,875▼ 88.1%
Amounts receivable within one year40/41€92,310€208,382€105,226€0--
Trade receivables40-€30,400€21,563€0--
Other amounts receivable41-€177,982€83,662€0--
Cash at bank and in hand54/58€2,849€609€4,774€15,728€1,875▼ 88.1%
Deferred charges and accrued income490/1--€55€0--
Equity and liabilities
Total equity and liabilities10/49€1.0m€1.0m€906,909€790,887€757,340▼ 4.2%
Equity10/15€787,175€806,058€761,661€673,913€576,091▼ 14.5%
Contributions10/11€130,000€130,000€130,000€130,000€130,000=
Capital10-€130,000€130,000€130,000€130,000=
Issued capital100-€130,000€130,000€130,000€130,000=
Reserves13€657,175€676,058€631,661€543,913€446,091▼ 18.0%
Non-distributable reserves130/1-€13,000€13,000€13,000€13,000=
Legal reserve130-€13,000€13,000€13,000€13,000=
Distributable reserves133-€663,058€618,661€530,913€433,091▼ 18.4%
Amounts payable17/49€249,686€216,570€145,249€116,974€181,249▲ 54.9%
Amounts payable after more than one year17€180,000€140,000€100,000€60,000€120,000▲ 100%
Financial debts170/4-€140,000€100,000€60,000€120,000▲ 100%
Amounts payable within one year42/48€69,686€76,570€45,249€56,974€61,249▲ 7.5%
Current portion of amounts payable after more than one year42-€40,000€40,000€40,000€40,000=
Financial debts43-€1,349€138€0--
Credit institutions430/8-€1,349€138€0--
Trade debts44€24,579€20,754€5,080€6,963€4,126▼ 40.7%
Suppliers440/4-€20,754€5,080€6,963€4,126▼ 40.7%
Taxes, remuneration and social security45-€14,467€30€1,129€0▼ 100%
Taxes450/3-€14,467€30€1,129€0▼ 100%
Other amounts payable47/48---€8,882€17,123▲ 92.8%
Line20212022202320242025Change
Profit (loss) for the period9904€28,635€18,883-€44,398-€87,747-€97,822▼ 11.5%
+ Depreciation and write-downs630€42,433€30,606€33,426€32,080€34,992▲ 9.1%
Operating cash flow (approximation)€71,069€49,489-€10,971-€55,667-€62,831▼ 12.9%
Investment in fixed assets (approximation)-€97,460-€16,645-€10,384-€15,298▼ 47.3%
Change in cash--€2,239€4,165€10,954-€13,853▼ 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.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
16-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Weakest financial yearnet -€97,822
Net result drops to -€97,822, the lowest in the series.
14-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
15-04
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
24-04
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
11-03
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial Back to profitnet €28,635
Net result €28,635 after 2 loss-making years.
30-09
Financial Liquidity triplescurrent ratio 1.37
Current ratio from 0.51 to 1.37; short-term debt falls from €86,652 to €69,686.
11-03
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
09-04
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-02
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
16-03
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts

We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
9 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, Lebbeke · 1 establishment unit since 2010
seat establishment The establishment unit on the map
Ground area
7,482 m²
Building footprint
289 m²
Volume, LiDAR
1,546 m³
Parcel 42011B1293/00E000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
ACHRO
Poelstraat 10, 9280 LebbekeFinancial service activities, except insurance and pension funding
since 20102.195.731.491
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42011B1293/00E000 Flanders 7,482 m² 1 · 289 m² 8.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

967600PULV3VWJ97W078
no longer live in the LEI register

Identification & contact

Identification
Legal formPublic limited company
Founded16-12-2010
Fiscal year end30-09
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

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