ACKERSTRAETE
ActiveSummary
ACKERSTRAETE has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €510,739 and a net result of -€34,222. Equity remains stable across the filed fiscal years (±2.3% per year). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability37▼-16
Solvency54▼-43
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24,000 at 30 days acceptable
Liquidity short (current ratio 0.12 against 0.15 in 2024; short-term debt: 68.3% and cash: 1.9% of total assets), and 70.9% 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
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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€34,222
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
29 d late
2023
28 d late
2022
30 d late
2021
26 d late
2020
30 d late
2019
55 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 33 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)
neutral · 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 29 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€34,222▼ 226%
2024 · -€10,504
Working capital
-€1.1m▼ 695%
2024 · -€132,881
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€30,077-€35,869▼ 19.3%€3,951-€5,785-€35,451▼ 513%
Net result-€30,530-€37,074▼ 21.4%€2,018-€10,504-€34,222▼ 226%
Equity€590,521▼ 4.9%€553,447▼ 6.3%€555,465▲ 0.4%€544,961▼ 1.9%€510,739▼ 6.3%
Total assets€710,610▲ 2.5%€676,114▼ 4.9%€681,742▲ 0.8%€754,128▲ 10.6%€1.8m▲ 133%
Debt€69,717▲ 229%€73,840▲ 5.9%€78,994▲ 7.0%€163,428▲ 107%€1.2m▲ 635%
Working capital-€37,694-€31,517▲ 16.4%-€36,650▼ 16.3%-€132,881▼ 263%-€1.1m▼ 695%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €35,451 in 2025 against €5,785 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets
€1.6m ▲ 121%
Current assets
€143,924 ▲ 517%
Equity and liabilities €1.8m
Equity
€510,739 ▼ 6.3%
Provisions
€44,194 ▼ 3.4%
Debt
€1.2m ▲ 635%
Debt's share of the balance-sheet total rises from 21.7% to 68.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€15,667▼
2024 · €28,514
Cash flow
€16,896▼
2024 · €23,795
Current ratio
0.12▼
2024 · 0.15
Debt to equity
2.35▲
2024 · 0.30
ROE
-6.7%▼
2024 · -1.9%
ROA
-1.9%▼
2024 · -1.4%
Interest coverage
2.51▼
2024 · 4.37
Debt ≤ 1 year
€1.2m▲
2024 · €156,204
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,507 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a small loss
1.6%
went bankrupt
1.8%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,341 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 2,507 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €55,632 | €65,942 | €28,989 | €34,299 | €51,118 | ▲ 49.0% |
| Other operating charges640/8 | €5,266 | €6,139 | €6,353 | €6,551 | €20,532 | ▲ 213% |
| Gross operating margin9900 | €30,822 | €36,211 | €39,294 | €35,065 | €36,198 | ▲ 3.2% |
| Operating profit (loss)9901 | -€30,077 | -€35,869 | €3,951 | -€5,785 | -€35,451 | ▼ 513% |
| Financial income75/76B | - | - | €616 | €264 | €5,922 | ▲ 2,146% |
| Recurring financial income75 | - | - | €616 | €264 | €5,922 | ▲ 2,146% |
| Financial charges65/66B | €1,344 | €2,750 | €4,094 | €6,528 | €6,238 | ▼ 4.4% |
| Recurring financial charges65 | €1,344 | €2,750 | €4,094 | €6,528 | €6,238 | ▼ 4.4% |
| Profit (loss) for the period before taxes9903 | -€31,421 | -€38,619 | €473 | -€12,048 | -€35,767 | ▼ 197% |
| Transfer from deferred taxes780 | €891 | €1,545 | €1,545 | €1,545 | €1,545 | = |
| Profit (loss) for the period9904 | -€30,530 | -€37,074 | €2,018 | -€10,504 | -€34,222 | ▼ 226% |
| Transfer from tax-exempt reserves789 | €2,674 | €4,634 | €4,634 | €4,634 | €4,634 | = |
| Profit (loss) for the period to be appropriated9905 | -€27,856 | -€32,440 | €6,652 | -€5,869 | -€29,588 | ▼ 404% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €710,610 | €676,114 | €681,742 | €754,128 | €1.8m | ▲ 133% |
| Fixed assets21/28 | €679,932 | €636,541 | €643,493 | €730,806 | €1.6m | ▲ 121% |
| Tangible fixed assets22/27 | €679,914 | €636,523 | €643,474 | €727,248 | €1.6m | ▲ 121% |
| Land and buildings22 | €665,963 | €607,703 | €585,432 | €563,161 | €667,956 | ▲ 18.6% |
| Plant, machinery and equipment23 | €13,951 | €28,820 | €58,042 | €164,087 | €286,183 | ▲ 74.4% |
| Assets under construction and advance payments27 | - | - | - | - | €654,085 | - |
| Financial fixed assets28 | €19 | €19 | €19 | €3,558 | €3,558 | = |
| Current assets29/58 | €30,678 | €39,573 | €38,249 | €23,322 | €143,924 | ▲ 517% |
| Amounts receivable within one year40/41 | €4,607 | €4,400 | €6,585 | €4,785 | €4,808 | ▲ 0.5% |
| Other amounts receivable41 | €4,607 | €4,400 | €6,585 | €4,785 | €4,808 | ▲ 0.5% |
| Current investments50/53 | - | - | - | - | €105,925 | - |
| Cash at bank and in hand54/58 | €25,746 | €34,812 | €31,268 | €17,864 | €33,006 | ▲ 84.8% |
| Deferred charges and accrued income490/1 | €325 | €360 | €396 | €673 | €186 | ▼ 72.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €710,610 | €676,114 | €681,742 | €754,128 | €1.8m | ▲ 133% |
| Equity10/15 | €590,521 | €553,447 | €555,465 | €544,961 | €510,739 | ▼ 6.3% |
| Contributions10/11 | €316,000 | €316,000 | €316,000 | €316,000 | €316,000 | = |
| Capital10 | €316,000 | €316,000 | €316,000 | €316,000 | €316,000 | = |
| Issued capital100 | €316,000 | €316,000 | €316,000 | €316,000 | €316,000 | = |
| Reserves13 | €274,521 | €237,447 | €239,465 | €228,961 | €194,739 | ▼ 14.9% |
| Non-distributable reserves130/1 | €18,663 | €18,663 | €18,663 | €18,663 | €18,663 | = |
| Legal reserve130 | €18,663 | €18,663 | €18,663 | €18,663 | €18,663 | = |
| Tax-exempt reserves132 | €151,118 | €146,484 | €141,849 | €137,215 | €132,581 | ▼ 3.4% |
| Distributable reserves133 | €104,740 | €72,300 | €78,953 | €73,084 | €43,496 | ▼ 40.5% |
| Provisions and deferred taxes16 | €50,373 | €48,828 | €47,283 | €45,738 | €44,194 | ▼ 3.4% |
| Deferred taxes168 | €50,373 | €48,828 | €47,283 | €45,738 | €44,194 | ▼ 3.4% |
| Amounts payable17/49 | €69,717 | €73,840 | €78,994 | €163,428 | €1.2m | ▲ 635% |
| Amounts payable within one year42/48 | €68,372 | €71,090 | €74,900 | €156,204 | €1.2m | ▲ 668% |
| Trade debts44 | - | - | - | €11,192 | €23,539 | ▲ 110% |
| Suppliers440/4 | - | - | - | €11,192 | €23,539 | ▲ 110% |
| Other amounts payable47/48 | €68,372 | €71,090 | €74,900 | €145,011 | €1.2m | ▲ 711% |
| Accrued charges and deferred income492/3 | €1,344 | €2,750 | €4,094 | €7,225 | €941 | ▼ 87.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€30,530 | -€37,074 | €2,018 | -€10,504 | -€34,222 | ▼ 226% |
| + Depreciation and write-downs630 | €55,632 | €65,942 | €28,989 | €34,299 | €51,118 | ▲ 49.0% |
| Operating cash flow (approximation) | €25,102 | €28,868 | €31,007 | €23,795 | €16,896 | ▼ 29.0% |
| Investment in fixed assets (approximation) | - | -€22,551 | -€35,941 | -€121,612 | -€932,095 | ▼ 666% |
| Change in cash | - | €9,067 | -€3,544 | -€13,404 | €15,141 | ▲ 213% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
31-12
Financial
Back to profitnet €2,018
Net result €2,018 after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet -€37,074
Net result drops to -€37,074, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 26 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 55 days late
2019
31-12
Financial
Highest result since 2018net €12,440 ▲41.5%
Operating result €16,112, net result €12,440, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Poperinge · 1 establishment unit since 1993
Ground area
807 m²
Building footprint
223 m²
Volume, LiDAR
1,637 m³
Parcel 33021F0529/00D000, Flanders · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Ieperstraat 85, 8970 Poperinge
since 19932.060.307.120
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33021F0529/00D000 | Flanders | 807 m² | 1 · 223 m² | 13.1 m · 3 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.
Company details
Identification
Legal formPublic limited company
Founded12-12-1992
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0448929856
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.