ACMG & Partners
ActiveThe computed 12-month bankruptcy probability of ACMG & Partners is 1.6% (moderate). The annual accounts of ACMG & Partners for fiscal year 2025 show a net loss of 85% of total assets and of 80% of the equity at the start of that year. The 2025 annual accounts show equity of €5k and a net result of €-19k. Equity is shrinking by ~29.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
30
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency46▼-26
Growth32=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.07 against 0.91 in 2024; short-term debt: 79.1% and cash: 2.6% of total assets), and 79.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
20.9%
Return on assets
-85.4%
Age of the figures
9 mo
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 €-19k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
14 d early
2023
30 d late
2022
31 d late
2021
11 d late
2020
2 d early
2019
30 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€5k▼ 80.3%
2024 · €24k
2018: €69k
2019: €162k
2020: €107k
2021: €64k
2022: €55k
2023: €42k
2024: €24k
2018 → 2025
Total assets
€22k▼ 56.2%
2024 · €51k
2018: €98k
2019: €212k
2020: €115k
2021: €65k
2022: €72k
2023: €65k
2024: €51k
2018 → 2025
Net result
€-19k▼ 4.4%
2024 · €-18k
2018: €37k
2019: €94k
2020: €-55k
2021: €-43k
2022: €-9k
2023: €-13k
2024: €-18k
2018 → 2025
Working capital
€-16k▼ 586%
2024 · €-2k
2018: €57k
2019: €109k
2020: €65k
2021: €29k
2022: €25k
2023: €16k
2024: €-2k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€64k-€55k▼ 13.9%€42k▼ 23.8%€24k▼ 43.5%€5k▼ 80.3%
Operating result€-43k-€-8k▲ 80.3%€-13k▼ 50.3%€-18k▼ 43.1%€-19k▼ 4.4%
Net result€-43k-€-9k▲ 79.3%€-13k▼ 47.4%€-18k▼ 38.9%€-19k▼ 4.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €19k in 2025 against €18k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €22k
Fixed assets
€21k▼ 19.5%
Current assets
€1k▼ 94.8%
Equity and liabilities €22k
Equity
€5k▼ 80.3%
Debt
€18k▼ 35.2%
The debt ratio rises from 53.5% to 79.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-14k▲
2024 · €-14k
Cash flow
€-14k▲
2024 · €-14k
Solvency
20.9%▼
2024 · 46.5%
Current ratio
0.07▼
2024 · 0.91
Quick ratio
0.07▼
2024 · 0.91
Debt / equity
3.79▲
2024 · 1.15
ROE
-408.7%▼
2024 · -77.0%
ROA
-85.4%▼
2024 · -35.8%
Interest coverage
-114.88▲
2024 · -127.50
Debt
€18k▼
2024 · €27k
Debt ≤ 1 year
€18k▼
2024 · €27k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€51k€22k▼
Fixed assets21/28€26k€21k▼
Tangible fixed assets22/27€26k€21k▼
Land and buildings22€7k€7k=
Furniture and vehicles24€4k€3k▼
Other tangible fixed assets26€15k€12k▼
Current assets29/58€25k€1k▼
Cash at bank and in hand54/58€24k€570▼
Deferred charges and accrued income490/1€1k€732▼
Equity and liabilities
Total equity and liabilities10/49€51k€22k▼
Equity10/15€24k€5k▼
Contributions10/11€19k€19k=
Reserves13€144k€144k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€142k€142k=
Profit (loss) carried forward14€-139k€-158k▼
Amounts payable17/49€27k€18k▼
Amounts payable within one year42/48€27k€18k▼
Trade debts44€3k€60▼
Suppliers440/4€3k€60▼
Other amounts payable47/48€24k€18k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€121€178▲
Gross operating margin9900€-14k€-14k▲
Operating profit (loss)9901€-18k€-19k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€111€121▲
Recurring financial charges65€111€121▲
Profit (loss) for the period before taxes9903€-18k€-19k▼
Profit (loss) for the period9904€-18k€-19k▼
Profit (loss) for the period to be appropriated9905€-18k€-19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-139k€-158k▼
Profit (loss) brought forward from the previous period14P€-120k€-139k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 23.70
Current ratio from 8.75 to 23.70; short-term debt falls from €8k to €1k.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-55k ▼159%
Net result drops to €-55k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 8.75
Current ratio from 3.18 to 8.75; short-term debt falls from €50k to €8k.
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €94k ▲153%
Operating result €151k, net result €94k, both a record.
31-12
Financial
Equity above €150kEq €162k ▲136%
2 profitable years in a row build equity to €162k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Brugge · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sint-Claradreef 618000 BruggeGround area
2,715 m²
Building footprint
438 m²
Volume, LiDAR
4,875 m³
2 parcels, Brussels, Flanders · tallest building 22.7 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
ACMG & Partners
since 20132.219.957.836
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31805E0102/00W007 | Flanders | 2,147 m² | 1 · 228 m² | 9.7 m · 2 fl. |
| 21011A0014/00N003 | Brussels | 567 m² | 1 · 209 m² | 22.7 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-06-2013
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.