ACODAK

Active

Private limited companyfounded 2006active for 20 yearsNotestraat 19, 1742 Ternat, BelgiumKBO/BCE: BE 0879.572.838

Summary

ACODAK has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €202,408 and a net result of -€18,863. Equity is growing by about 3.4% per year across the filed financial years. Its solvency ranks better than 29% of 9,806 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisFollow Report Compare

ACODAKActiveChecked score 80/100

Risk analysis Report Compare

Activity

Roofing work

NACE 43410

1 site

Size

€745,126total assets 2025

Staff: 13 FTE
Equity: €202,408
Loss: -€18,863

Turnover not published (abbreviated format)

Financial health

80 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.4%

Structure

Parent: VANDERHASSELT CONSULTING · 100%

2025 accounts 9 days early6 deeds in the Belgian Official Gazette

Why 80raises riskSize: 13 FTE, total assets €745,126Sector: Specialised construction activities (NACE 43)lowers riskFounded in 2006Liquidity: current ratio 1.23, cash €134,307Show the evidence

Checked score

Score 2025

80 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 26% of its sector peers (NACE 43, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 52=

equity 27.2% of total assets

Liquidity 39+18

short-term debt 64.2% · cash 18.0%

Profitability 39-10

return on assets -2.5%

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,647 companies, NACE 43, small)

Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 1.0%▲ +0.1 percentage points vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 1.2%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 0.6%▼ -0.6 percentage points vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.7%▲ +0.1 percentage points vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.6%▼ -0.1 percentage points vs 05-2026 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026 08-2026: 0.4%▼ -0.3 percentage points vs 07-2026lowest value 09-2026: 0.4%● unchanged vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026lowest value

Credit of up to €16,000 on 30-day terms is acceptable

Liquidity tight (current ratio 1.23, compared with 1.22 in 2024, below the usual 1.5; short-term debt: 64.2% and cash: 18% of total assets), and 72.8% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small): better than 33% on solvency, 38% on liquidity, 17% on profitability and 18% on growth.

The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Founded in 2006

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Size: 13 FTE, total assets €745,126

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Liquidity: current ratio 1.23, cash €134,307

NBB · annual accounts

Sector: Specialised construction activities (NACE 43)

KBO

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

9 days early

2024

20 days early

2023

12 days early

2022

31 days early

2021

11 days early

2020

26 days late

2019

12 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 10 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 July (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

26-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

22-07-2026 Annual accounts filedfinancial year 2025 · abbreviated…
11-07-2025 Annual accounts filedfinancial year 2024 · abbreviated…
31-12-2024 Back to profitnet €12,991

Key points

Caution: Among the weakest 11% on net resultsector median €27,008 · 9,798 companies -€18,863 View
Controlled by VANDERHASSELT CONSULTING 100% View
Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

By topic

Financials

Financial year: 2025
Total assets: €745,126
Loss: -€18,863
Solvency: 27.2%

Total assets▼ 8.8%

Net result

20182025

Go to Financials

Board & ownership

Parent: VANDERHASSELT CONSULTING · 100%

Go to Board & ownership

Timeline

Events: 23
Since: 2007
Next accounts: by 31-07-2027

19-07-2024Annual accounts filed
31-12-2023Weakest financial year
30-06-2023Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Roofing workNACE 43410
Founded: 23-02-2006
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about ACODAK

What is the company number of ACODAK?: 0879.572.838. In Belgium the VAT number is the company number with BE in front: BE 0879.572.838.
Where is ACODAK based?: The registered office is at Notestraat 19, 1742 Ternat.Company details
What does ACODAK do?: According to the KBO register, the main activity is roofing work (NACE 43410).
What is the legal form of ACODAK?: Private limited company (BV).
When was ACODAK founded?: On 23-02-2006.
Is ACODAK still active?: Yes, ACODAK is an active enterprise in the KBO register.
How many employees does ACODAK have?: On average 13 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of ACODAK?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is ACODAK profitable?: In financial year 2025, ACODAK made a loss of €18,863.
Where can I find the annual accounts of ACODAK?: ACODAK filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ACODAK due?: By 31-07-2027, for financial year 2026.Timeline