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ACONTERRA FUND

Active
Public limited company· 4 yrs active
Van Putlei 18 ·2018 Antwerpen, Belgium
KBO/BCE: BE 0773.860.951
Watch Print / PDF
Age4 yrs
Board2
Connections2
Real estate1 parcel · 320 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of ACONTERRA FUND is 1.8% (moderate). The 2025 annual accounts show equity of €13.21M and a net result of €-2.30M. Equity is growing by ~14.1% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Signals

1 signal · with evidence
Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-06-2026, 58 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
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.
How we compute the deadline
The year end is derived from 4 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 03-06-2026 58 d early 2026-00150410
31-12-2024 31-07-2025 21-05-2025 71 d early 2025-00103427
31-12-2023 31-07-2024 13-06-2024 48 d early 2024-00130458
31-12-2022 31-07-2023 15-06-2023 46 d early 2023-00133107

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
1.8% Moderate
0%0,5%1,5%4%10%≥25%
Young company +No NACE activity registered +Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-2.30M-23.1%
Working capital€606k+808.0%

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 03-06-2026 with the NBB · fiscal year 2025 · verkort
€-3.00M€-2.00M€-1.00M€0Operating result 2022: €-1.16M€-1.16MNet result 2022: €-1.17M€-1.17MOperating result 2023: €-560k€-560kNet result 2023: €-2.00M€-2.00MOperating result 2024: €-636k€-636kNet result 2024: €-1.86M€-1.86MOperating result 2025: €-634k€-634kNet result 2025: €-2.30M€-2.30M2022202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~14.1%/year over 4 fiscal years, indicative, assuming unchanged policy.
€5.00M€10.00M€15.00M€20.00M2026: €14.60M (€13.55M - €15.66M)2027: €16.67M (€15.61M - €17.72M)2028: €19.02M (€17.96M - €20.08M)2022: €8.75M2023: €9.67M2024: €10.98M2025: €13.21M2022202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Net profit
€-2.30M
-23.1% 22-25
Total assets
€13.72M
+24.8% 22-25
Equity
€13.21M
+20.4% 22-25
Working capital
€606k
+808.0% 22-25
Employees (FTE)
0
- 22-25
Debt
€506k
+3328.5% 22-25
Debt ≤ 1y
€506k
+3328.5% 22-25
Current ratio
2.20
-60.2% 22-25
Quick ratio
2.20
-60.2% 22-25
Solvency
96.3%
-3.6% 22-25
Debt / equity
0.04
+2748.6% 22-25
ROE
-17.4%
-2.3% 22-25
ROA
-16.7%
+1.3% 22-25
Figures by fiscal year
Fiscal year2025
Depositverkort
Revenue-
EBITDA-
Net profit€-2.30M
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€13.72M
Equity€13.21M
Debt€506k
of which ≤ 1y€506k
of which > 1y-
Working capital€606k
Employees (FTE)0.0
Ratios (computed)
2025
Current ratio2.20
Quick ratio2.20
Working capital ratio4.4%
Solvency96.3%
Debt / equity0.04
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-16.7%
ROE-17.4%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€13.72M
Fixed assets 21/28€12.61M
Financial fixed assets 28€12.61M
Current assets 29/58€1.11M
Amounts receivable within one year 40/41€6k
Investments 50/53€0
Cash & bank 54/58€1.10M
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€13.72M
Equity 10/15€13.21M
Contributions / capital 10/11€20.54M
Accumulated profits (losses) 14€-7.32M
Amounts payable 17/49€506k
Amounts payable within one year 42/48€506k
Trade debts payable within one year 44€6k
Income statement
Gross operating margin 9900€-528k
Operating result 9901€-634k
Financial income 75€4k
Financial charges 65€2k
Result before taxes 9903€-2.30M
Net result for the period 9904€-2.30M
Result to be appropriated 9905€-2.30M
This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
65 / 100 Healthy
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Directors

Directors & mandates

4 directors
Current directors & mandates
  • Emmanuel Damman
    Director
    State Gazette act 26034922 (10-03-2026)
    Current
    10-02-2026 → present
  • FINMORELegal entity
    Director· perm. rep.: Christine Verhaert
    State Gazette act 24152503 (23-10-2024)
    Current
    20-06-2024 → present
Former directors (2)
  • Finmore BVLegal entity
    Director· perm. rep.: Christine Verhaert
    State Gazette act 26034922 (10-03-2026)
    Former
    - → 10-02-2026
  • Rudy Mattheus
    Director
    State Gazette act 24152503 (23-10-2024)
    Former
    - → 20-06-2024
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary -
Legal form Public limited company(014)
Incorporation14-09-2021
StatusActive
Postal code2018

Structure & network

Connections & network

2 connected companies
Group structure
FINMORE
Sits on the board · 2 subsidiaries · 1 location
Control→
Network connections
EXMAR
Shared corporate director
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Ownership & control

1 party
Control over this companysits on this company's board1
FINMORE
2 subsidiaries · 1 location
controls
ACONTERRA FUNDBE 0773.860.951

Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.

Locations & real estate

Registered office

from the Crossroads Bank
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.

Van Putlei 182018 Antwerpen

Establishment units

1 location
Aconterra Fund
Van Putlei 18, 2018 AntwerpenHoldings
since 20212.323.973.411
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area320 m²
Buildings1
Building footprint355 m²
Volume (LiDAR)4,659 m³
Tallest building18.4 m · ±5 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11810K1898/00S005 Flanders 320 m² 1 · 355 m² 18.4 m · 5 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

3 acts
All acts · 3 updated 5 months ago
2026
10-03-2026 1 director appointed, 1 resigning Director changes
  • Emmanuel Damman, Bestuurder
  • Christine Verhaert, Bestuurder
Summary: v3.2
2024
23-10-2024 1 director appointed, 1 resigning Director changes
  • Christine Verhaert, Bestuurder
  • Rudy Mattheus, Bestuurder
Summary: v3.2
2021
16-09-2021 Incorporation of a new NV Incorporation
Summary: oprichting

Analysis

Snowflake analysis

financial profile on 5 axes
Health65Profitability0Solvency100Growth52Stability94
62 / 100

Strong profile, led by solvency.

All 5 axes are computed from data Checked has read.

Health 65
Profitability 0
Solvency 100
Growth 52
Stability 94

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameNL ACONTERRA FUND
Registered office
Van Putlei 18
2018 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.