Debts
Of this, €57,981 falls due within a year.
Of this, €57,981 falls due within a year.
Short-term debts fell from €116,942 to €57,981.
Lower net result than 82% of companies in head offices and management consultancy. Sector median €26,448 · 41,229 companies.
In July 2024, 1,272 companies had the same profile as ACOLED has now. Each dot stands for 4 companies, two years later.
Another 0.5% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,272 companies, not a prediction for ACOLED. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| ACOLED Herstal | €198,330 | €32,699 | 26.2% | - |
| LENOIR L. Theux | €206,087 | €35,748 | 21.2% | - |
| ARM MANAGEMENT Sprimont | €174,534 | €35,487 | 61.6% | - |
| NiKaHO Sprimont | €178,862 | €33,290 | 32.3% | - |
| JEAN-CHRETIEN FETTWEIS Theux | €186,514 | €38,236 | 80.8% | - |
| MALO Herve | €164,968 | €32,831 | 33.0% | - |
| DETROZ MANAGEMENT Comblain-au-Pont | €180,523 | €28,058 | 18.4% | - |
These companies have the same main activity as ACOLED: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €165,000 and €206,000, founded between 2022 and 2023.
ACOLED has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €52,040 and a net result of -€2,038.
Its solvency ranks better than 27% of 41,211 sector peers (NACE 70, financial year 2025).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €95,000. Estimated: probably between €57,000 and €130,000.
Higher than 27% of 41,211 companies in 2025.
Higher than 45% of 39,782 companies in 2025.
Higher than 17% of 40,303 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
198,330 | 171,020 | |
21/28 |
94,781 | 120,170 | |
21 |
93,770 | 120,170 | |
22/27 |
1,011 | - | |
23 |
1,011 | - | |
29/58 |
103,549 | 50,849 | |
40/41 |
60,884 | 16,999 | |
40 |
18,331 | 16,999 | |
41 |
42,553 | - | |
54/58 |
42,664 | 30,566 | |
490/1 |
- | 3,284 | |
| Balance sheet: equity and liabilities | |||
10/49 |
198,330 | 171,020 | |
10/15 |
52,040 | 54,078 | |
10/11 |
25,000 | 25,000 | |
13 |
29,000 | 29,000 | |
133 |
29,000 | 29,000 | |
14 |
-1,960 | 78 | |
17/49 |
146,290 | 116,942 | |
17 |
83,159 | - | |
170/4 |
83,159 | - | |
42/48 |
57,981 | 116,942 | |
42 |
31,916 | - | |
43 |
9,050 | 9,033 | |
430/8 |
9,050 | 9,033 | |
44 |
1,010 | 86,958 | |
440/4 |
1,010 | 86,958 | |
45 |
16,005 | 20,951 | |
450/3 |
12,005 | 11,982 | |
454/9 |
4,000 | 8,969 | |
492/3 |
5,151 | - | |
| Income statement | |||
9900 |
32,699 | 55,996 | |
630 |
26,505 | 12,880 | |
640/8 |
101 | 281 | |
9901 |
6,093 | 42,834 | |
65/66B |
7,624 | 2,552 | |
65 |
7,624 | 2,552 | |
9903 |
-1,531 | 40,282 | |
67/77 |
507 | 11,204 | |
9904 |
-2,038 | 29,078 | |
9905 |
-2,038 | 29,078 | |
| Appropriation of the result | |||
9906 |
-1,960 | 29,078 | |
14P |
78 | - | |
691/2 |
- | 29,000 | |
6921 |
- | 29,000 | |
| Document | |||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 31-12-2025.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 32,598 | 55,714 | ||
| 24,467 | 41,958 | ||
| 1,116 | 133,051 | ||
| 12,099 | - | ||
| 45,568 | -66,092 | ||
| 26.2% | 31.6% | ||
| 1.79 | 0.43 | ||
| 2.81 | 2.16 | ||
| -3.9% | 53.8% | ||
| -1.0% | 17.0% | ||
| 4.28 | 21.83 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-06-2025 | 30-06-2024 |
|---|---|---|
| Tangible fixed assets | €1,116 | €1,051 |
| Intangible fixed assets | - | €132,000 |
| €26,505 | €12,880 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 86% lower than in 2024.
Debt's share of the balance-sheet total rises from 68.4% to 73.8%. Equity is lower and debt is higher.
ACOLED has no parent and no holdings in its annual accounts. is the only director. ACOLED shares no director with another company.
Deadline for the 2026 accounts: 31-01-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Rue des Colombiers 59 registered office 4041 Herstal | 11-05-2023 | 2.345.534.828 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 62112A0750/00T003 | 362 m² | 1 · 94 m² | 9.4 m · 3 |
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