ACK TECHNICS
ActiveSummary
ACK TECHNICS has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €190,770 and a net result of €90,034. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 80% of 7452 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency95▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
Liquidity ample (current ratio 3.31 against 3.01 in 2023; short-term debt: 30.1% and cash: 48.2% of total assets), and 30.1% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €190,770
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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
60 d late
2023
65 d late
2022
31 d late
2021
31 d late
2020
89 d late
2019
91 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 61 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, abbreviated schema
Equity
€190,770▲ 89.4%
2023 · €100,736
Total assets
€272,770▲ 81.8%
2023 · €150,024
Net result
€90,034▲ 18.0%
2023 · €76,297
Working capital
€189,495▲ 93.4%
2023 · €97,986
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
Line20202021202220232024
Operating result€1,109▼ 88.6%€7,745▲ 598%€1,930▼ 75.1%€104,403▲ 5,308%€124,206▲ 19.0%
Net result-€8,255€6,469€1,524▼ 76.5%€76,297▲ 4,908%€90,034▲ 18.0%
Equity€16,446▼ 33.4%€22,916▲ 39.3%€24,439▲ 6.6%€100,736▲ 312%€190,770▲ 89.4%
Total assets€243,469▲ 36.1%€245,799▲ 1.0%€171,456▼ 30.2%€150,024▼ 12.5%€272,770▲ 81.8%
Debt€227,022▲ 47.2%€222,883▼ 1.8%€147,017▼ 34.0%€49,288▼ 66.5%€82,000▲ 66.4%
Working capital€22,594▼ 28.3%€39,464▲ 74.7%€23,273▼ 41.0%€97,986▲ 321%€189,495▲ 93.4%
Staff (FTE)1.3▼ 27.8%0.7▼ 46.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 19% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €272,770
Fixed assets
€1,275 ▼ 61.7%
Current assets
€271,495 ▲ 85.1%
Equity and liabilities €272,770
Equity
€190,770 ▲ 89.4%
Debt
€82,000 ▲ 66.4%
Debt's share of the balance-sheet total falls from 32.9% to 30.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€125,125▲
2023 · €105,679
Cash flow
€90,953▲
2023 · €77,573
Current ratio
3.31▲
2023 · 3.01
Quick ratio
2.82▲
2023 · 1.89
Debt to equity
0.43▼
2023 · 0.49
ROE
47.2%▼
2023 · 75.7%
ROA
33.0%▼
2023 · 50.9%
Interest coverage
1121.30▲
2023 · 804.07
Debt ≤ 1 year
€82,000▲
2023 · €48,713
Income taxes
€34,143▲
2023 · €27,976
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €6,797 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €600 | €315 | €950 | €1,276 | €919 | ▼ 28.0% |
| Other operating charges640/8 | - | €1,784 | €942 | €544 | €505 | ▼ 7.1% |
| Non-recurring operating charges66A | - | - | - | - | €1,132 | - |
| Gross operating margin9900 | €30,120 | €16,641 | €3,821 | €106,223 | €126,763 | ▲ 19.3% |
| Operating profit (loss)9901 | €1,109 | €7,745 | €1,930 | €104,403 | €124,206 | ▲ 19.0% |
| Financial income75/76B | - | €3,260 | €363 | €1 | €82 | ▲ 6,056% |
| Recurring financial income75 | €29 | €191 | €363 | €1 | €82 | ▲ 6,056% |
| Non-recurring financial income76B | - | €3,069 | - | - | - | - |
| Financial charges65/66B | - | €1,106 | €272 | €131 | €112 | ▼ 15.1% |
| Recurring financial charges65 | €2,416 | €1,106 | €272 | €131 | €112 | ▼ 15.1% |
| Profit (loss) for the period before taxes9903 | -€1,278 | €9,900 | €2,022 | €104,273 | €124,177 | ▲ 19.1% |
| Income taxes67/77 | €6,978 | €3,430 | €498 | €27,976 | €34,143 | ▲ 22.0% |
| Profit (loss) for the period9904 | -€8,255 | €6,469 | €1,524 | €76,297 | €90,034 | ▲ 18.0% |
| Profit (loss) for the period to be appropriated9905 | -€8,255 | €6,469 | €1,524 | €76,297 | €90,034 | ▲ 18.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €243,469 | €245,799 | €171,456 | €150,024 | €272,770 | ▲ 81.8% |
| Fixed assets21/28 | €1,502 | €1,187 | €4,602 | €3,326 | €1,275 | ▼ 61.7% |
| Tangible fixed assets22/27 | €1,442 | €1,127 | €4,542 | €3,266 | €1,215 | ▼ 62.8% |
| Plant, machinery and equipment23 | - | €1,127 | €3,053 | €2,134 | €1,215 | ▼ 43.1% |
| Furniture and vehicles24 | - | - | €1,489 | €1,132 | - | - |
| Financial fixed assets28 | €60 | €60 | €60 | €60 | €60 | = |
| Current assets29/58 | €241,966 | €244,612 | €166,854 | €146,698 | €271,495 | ▲ 85.1% |
| Stocks and contracts in progress3 | €103,400 | €127,845 | €70,690 | €54,395 | €40,485 | ▼ 25.6% |
| Stocks30/36 | - | €127,845 | €70,690 | €54,395 | €40,485 | ▼ 25.6% |
| Amounts receivable within one year40/41 | €136,575 | €91,836 | €87,892 | €69,655 | €99,594 | ▲ 43.0% |
| Trade receivables40 | - | €91,836 | €83,396 | €68,311 | €61,449 | ▼ 10.0% |
| Other amounts receivable41 | - | - | €4,495 | €1,344 | €38,145 | ▲ 2,739% |
| Cash at bank and in hand54/58 | €1,343 | €23,308 | €8,165 | €22,272 | €131,416 | ▲ 490% |
| Deferred charges and accrued income490/1 | - | €1,623 | €108 | €376 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €243,469 | €245,799 | €171,456 | €150,024 | €272,770 | ▲ 81.8% |
| Equity10/15 | €16,446 | €22,916 | €24,439 | €100,736 | €190,770 | ▲ 89.4% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €8,386 | €14,856 | €16,379 | €92,676 | €182,710 | ▲ 97.1% |
| Amounts payable17/49 | €227,022 | €222,883 | €147,017 | €49,288 | €82,000 | ▲ 66.4% |
| Amounts payable within one year42/48 | €219,373 | €205,148 | €143,581 | €48,713 | €82,000 | ▲ 68.3% |
| Trade debts44 | €41,315 | €11,552 | €46,216 | - | €732 | - |
| Suppliers440/4 | - | €11,552 | €46,216 | - | €732 | - |
| Taxes, remuneration and social security45 | - | €10,767 | €941 | €25,971 | €81,268 | ▲ 213% |
| Taxes450/3 | - | €10,227 | €941 | €25,971 | €81,268 | ▲ 213% |
| Remuneration and social security454/9 | - | €540 | - | - | - | - |
| Other amounts payable47/48 | - | €182,829 | €96,424 | €22,741 | - | - |
| Accrued charges and deferred income492/3 | - | €17,735 | €3,435 | €575 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,255 | €6,469 | €1,524 | €76,297 | €90,034 | ▲ 18.0% |
| + Depreciation and write-downs630 | €600 | €315 | €950 | €1,276 | €919 | ▼ 28.0% |
| Operating cash flow (approximation) | -€7,655 | €6,785 | €2,473 | €77,573 | €90,953 | ▲ 17.2% |
| Investment in fixed assets (approximation) | - | €0 | -€4,364 | €0 | €1,132 | - |
| Change in cash | - | €21,965 | -€15,144 | €14,108 | €109,144 | ▲ 674% |
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
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 60 days late
2024
31-12
Financial
Highest result since 2018net €90,034 ▲18%
Operating result €124,206, net result €90,034, both a record.
31-12
Financial
Equity above €150,000Eq €190,770 ▲89.4%
4 profitable years in a row build equity to €190,770.
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 65 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 3.01
Current ratio from 1.16 to 3.01; short-term debt falls from €143,581 to €48,713.
31-12
Financial
Equity above €100,000Eq €100,736 ▲312%
3 profitable years in a row build equity to €100,736.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Back to profitnet €6,469
Net result €6,469 after one loss-making year.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 89 days late
2020
31-12
Financial
Weakest financial yearnet -€8,255
Net result drops to -€8,255, the lowest in the series; recovery starts the following year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
Show earlier events
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Antwerpen · 1 establishment unit since 2014
Ground area
279 m²
Building footprint
296 m²
Volume, LiDAR
1,984 m³
Parcel 11006A0320/00P015, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ACK TECHNICS
since 20142.237.226.509
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11006A0320/00P015 | Flanders | 279 m² | 1 · 296 m² | 10.8 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.
Similar companies · same sector, comparable size
SVL
BE 0760.691.618
Aalter · Eq €190,787
M68
BE 0461.393.663
Brasschaat · Eq €190,796
Elitech
BE 0752.666.253
Ronse · Eq €190,694
Paterberg
BE 0743.845.884
Kruisem · Eq €190,574
COOL-SUN ENERGY
BE 0790.197.731
Awans · Eq €190,569
Of 22,832 companies in sector 43211 we hold annual accounts for 10,328. 8,338 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)
Founded01-12-2014
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
33120Repair and maintenance of machinery
46180Agents specialised in the wholesale of other particular products
46649Wholesale of other machinery and equipment
46900Non-specialised wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.