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ACOTEC

Active
Public limited companyfounded 199233 yrs activeIndustrielaan 8, 9320 Aalst, BelgiumKBO/BCE: BE 0448.964.401
Summary

ACOTEC has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5.2m and a net result of -€104,420. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 66% of 336 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability31▼-32
Solvency72▼-1
Growth29▼-30
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €290,000 at 30 days acceptable
Liquidity ample (current ratio 1.72 against 1.7 in 2023; short-term debt: 50.6% and cash: 1.7% of total assets), but 52.7% 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 33 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 2024
Solvency, return and age of the figures
Solvency
47.3%
Return on assets
-1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-10-2025, 67 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 filings
Deviation from the deadline
2025
not confirmed
2024
67 d late
2023
47 d late
2022
31 d late
2021
2 d early
2020
107 d late
2019
69 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 53 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 40% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 28 December 1992, ACOTEC was incorporated.1 Revenue went from EUR 10 million in 2018 to EUR 8.1 million in 2024 and headcount from 28.9 to 25.5 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, full schema

Turnover
€8.1m▼ 5.9%
2023 · €8.6m
EBIT margin
0.6%▼ 7.6pp
2023 · 8.1%
Net result
-€104,420
2023 · €574,641
Working capital
€4.0m▲ 0.8%
2023 · €4.0m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 42, Civil engineering, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€7.9m▼ 50.3%€10.8m▲ 36.9%€7.1m▼ 34.2%€8.6m▲ 21.4%€8.1m▼ 5.9%
Operating result-€1.1m€1.1m-€1.2m€703,308€44,806▼ 93.6%
Net result-€1.1mbelow the sector's middle half€1.1mabove the sector's middle half-€1.3mbelow the sector's middle half€574,641within the sector's middle half-€104,420below the sector's middle half
EBIT margin-13.8%▼ 18.9pp10.6%▲ 24.3pp-17.4%▼ 28.0pp8.1%▲ 25.6pp0.6%▼ 7.6pp
Equity€4.9mabove the sector's middle half▼ 18.7%€6.0mabove the sector's middle half▲ 23.0%€4.7mwithin the sector's middle half▼ 21.9%€5.3mwithin the sector's middle half▲ 12.2%€5.2mwithin the sector's middle half▼ 2.0%
Total assets€9.2mwithin the sector's middle half▼ 26.9%€11.2mwithin the sector's middle half▲ 21.0%€10.1mwithin the sector's middle half▼ 10.1%€11.1mwithin the sector's middle half▲ 10.6%€11.0mwithin the sector's middle half▼ 1.3%
Debt€4.2m▼ 35.2%€5.0m▲ 20.0%€5.2m▲ 4.4%€5.8m▲ 11.2%€5.8m▼ 0.6%
Working capital€4.1mabove the sector's middle half▼ 25.8%€5.3mabove the sector's middle half▲ 30.4%€3.8mwithin the sector's middle half▼ 29.2%€4.0mwithin the sector's middle half▲ 6.2%€4.0mwithin the sector's middle half▲ 0.8%
Solvency53.2%within the sector's middle half▲ 5.4pp54.1%within the sector's middle half▲ 0.9pp47.0%within the sector's middle half▼ 7.1pp47.7%within the sector's middle half▲ 0.6pp47.3%within the sector's middle half▼ 0.3pp
Current ratio2.05within the sector's middle half▲ 0.162.15within the sector's middle half▲ 0.111.78within the sector's middle half▼ 0.381.70within the sector's middle half▼ 0.071.72within the sector's middle half▲ 0.02
Return on assets (ROA)-12.2%below the sector's middle half▼ 18.4pp10.1%above the sector's middle half▲ 22.3pp-13.2%below the sector's middle half▼ 23.3pp5.2%within the sector's middle half▲ 18.3pp-1.0%below the sector's middle half▼ 6.1pp
Staff (FTE)30within the sector's middle half=33.2within the sector's middle half▲ 10.7%29within the sector's middle half▼ 12.7%27.3within the sector's middle half▼ 5.9%25.5within the sector's middle half▼ 6.6%
above within below the middle half (P25 to P75) of NACE 42, Civil engineering, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€2.0m-€1.0m€0€1.0mOperating result 2020: -€1.1m-€1.1mNet result 2020: -€1.1m-€1.1mOperating result 2021: €1.1m€1.1mNet result 2021: €1.1m€1.1mOperating result 2022: -€1.2m-€1.2mNet result 2022: -€1.3m-€1.3mOperating result 2023: €703,308€703,308Net result 2023: €574,641€574,641Operating result 2024: €44,806€44,806Net result 2024: -€104,420-€104,42020202021202220232024-€2m-€1m€0€1mOperating result 2022: -€1.2m-€1.2mNet result 2022: -€1.3m-€1.3mOperating result 2023: €703,308€703,000Net result 2023: €574,641€575,000Operating result 2024: €44,806€44,800Net result 2024: -€104,420-€104,000202220232024
The operating result falls in 2024; 2024 is 94% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €11.0m
Fixed assets €1.4m ▼ 4.5%
Current assets €9.6m ▼ 0.8%
Equity and liabilities €11.0m
Equity €5.2m ▼ 2.0%
Debt €5.8m ▼ 0.6%
Debt's share of the balance-sheet total rises from 52.3% to 52.7%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€324,344▼
2023 · €988,517
Cash flow
€175,118▼
2023 · €859,850
Quick ratio
1.55▲
2023 · 1.50
Debt to equity
1.11▲
2023 · 1.10
ROE
-2.0%▼
2023 · 10.8%
Interest coverage
1.26▼
2023 · 4.35
Debt ≤ 1 year
€5.6m▼
2023 · €5.7m
Staff costs
€1.7m▼
2023 · €1.8m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,616 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.2% stopped otherwise
94% 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 0.4% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 8,616 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 82 lines
Balance sheet Code20232024
Assets
Total assets20/58€11.1m€11.0m▼
Fixed assets21/28€1.5m€1.4m▼
Intangible fixed assets21€127,287€100,258▼
Tangible fixed assets22/27€1.3m€1.3m▼
Land and buildings22€150,265€166,725▲
Plant, machinery and equipment23€1.2m€1.1m▼
Furniture and vehicles24€5,338€2,311▼
Other tangible fixed assets26-€16,000
Assets under construction and advance payments27€12,455€12,455=
Financial fixed assets28€14,929€14,929=
Other financial fixed assets284/8€14,929€14,929=
Amounts receivable and cash guarantees285/8€14,929€14,929=
Current assets29/58€9.6m€9.6m▼
Stocks and contracts in progress3€1.2m€994,659▼
Stocks30/36€1.2m€994,659▼
Raw materials and consumables30/31€345,001€482,349▲
Finished goods33€822,646€512,310▼
Amounts receivable within one year40/41€7.1m€7.0m▼
Trade receivables40€1.1m€1.8m▲
Other amounts receivable41€5.9m€5.2m▼
Current investments50/53€5,505€5,510▲
Other investments51/53€5,505€5,510▲
Cash at bank and in hand54/58€245,128€181,402▼
Deferred charges and accrued income490/1€1.2m€1.4m▲
Equity and liabilities
Total equity and liabilities10/49€11.1m€11.0m▼
Equity10/15€5.3m€5.2m▼
Contributions10/11€100,000€100,000=
Capital10€100,000€100,000=
Issued capital100€100,000€100,000=
Revaluation surpluses12€12,358€12,358=
Reserves13€5.2m€5.1m▼
Non-distributable reserves130/1€10,000€10,000=
Legal reserve130€10,000€10,000=
Distributable reserves133€5.2m€5.1m▼
Amounts payable17/49€5.8m€5.8m▼
Amounts payable within one year42/48€5.7m€5.6m▼
Financial debts43€3.7m€3.7m▲
Credit institutions430/8€3.7m€3.7m▲
Trade debts44€1.1m€747,770▼
Suppliers440/4€1.1m€747,770▼
Taxes, remuneration and social security45€309,489€514,706▲
Taxes450/3€34,196€62,875▲
Remuneration and social security454/9€275,293€451,830▲
Other amounts payable47/48€556,677€551,019▼
Accrued charges and deferred income492/3€162,083€234,374▲
Income statement Code20232024
Operating income70/76A€9.0m€8.2m▼
Turnover70€8.6m€8.1m▼
Change in stocks of work in progress, finished goods and contracts in progress71-€57,140-€259,783▼
Own construction capitalised72€79,301€7,322▼
Other operating income74€296,545€279,810▼
Non-recurring operating income76A-€42,750
Operating charges60/66A€8.2m€8.1m▼
Goods for resale, raw materials and consumables60€3.3m€2.8m▼
Purchases600/8€3.1m€3.0m▼
Change in stocks: decrease (increase)609€196,792-€134,436▼
Services and other goods61€2.8m€3.3m▲
Remuneration, social security and pensions62€1.8m€1.7m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€285,209€279,537▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€116,805€4,739▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€91,000-
Other operating charges640/8€35,104€28,271▼
Operating profit (loss)9901€703,308€44,806▼
Financial income75/76B€117,155€126,053▲
Recurring financial income75€117,155€126,053▲
Income from current assets751€111,769€124,129▲
Other financial income752/9€5,387€1,925▼
Financial charges65/66B€244,900€275,280▲
Recurring financial charges65€244,400€275,280▲
Debt charges650€227,158€258,300▲
Other financial charges652/9€17,242€16,980▼
Non-recurring financial charges66B€500-
Profit (loss) for the period before taxes9903€575,563-€104,420▼
Income taxes67/77€922-
Taxes670/3€922-
Profit (loss) for the period9904€574,641-€104,420▼
Profit (loss) for the period to be appropriated9905€574,641-€104,420▼
Appropriation of the result
Profit (loss) to be appropriated9906€574,641-€104,420▼
Transfer from equity791/2-€104,420
From reserves792-€104,420
Transfer to equity691/2€574,641-
To other reserves6921€574,641-
Social balance
Average headcount (FTE)908727.325.5▼

The notes to these accounts (64 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Operating income70/76A-€11.2m€7.1m€9.0m€8.2m▼ 8.5%
Turnover70€7.9m€10.8m€7.1m€8.6m€8.1m▼ 5.9%
Change in stocks of work in progress, finished goods and contracts in progress71-€85,672-€354,650-€57,140-€259,783▼ 355%
Own construction capitalised72---€79,301€7,322▼ 90.8%
Other operating income74-€268,954€347,960€296,545€279,810▼ 5.6%
Non-recurring operating income76A--€2,149-€42,750-
Operating charges60/66A-€10.0m€8.3m€8.2m€8.1m▼ 1.3%
Goods for resale, raw materials and consumables60-€3.4m€3.1m€3.3m€2.8m▼ 13.6%
Purchases600/8-€3.3m€3.1m€3.1m€3.0m▼ 3.7%
Change in stocks: decrease (increase)609-€93,817€56,462€196,792-€134,436▼ 168%
Services and other goods61-€4.2m€3.0m€2.8m€3.3m▲ 18.4%
Remuneration, social security and pensions62-€2.0m€1.8m€1.8m€1.7m▼ 8.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€278,349€312,317€295,061€285,209€279,537▼ 2.0%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€45,284€130,223€116,805€4,739▼ 95.9%
Provisions for liabilities and charges: additions (uses and reversals)635/8--€30,333-€30,333-€91,000--
Other operating charges640/8-€18,333€28,662€35,104€28,271▼ 19.5%
Non-recurring operating charges66A-€43,633----
Operating profit (loss)9901-€1.1m€1.1m-€1.2m€703,308€44,806▼ 93.6%
Financial income75/76B-€109,976€106,755€117,155€126,053▲ 7.6%
Recurring financial income75€100,760€109,976€106,755€117,155€126,053▲ 7.6%
Income from current assets751-€109,720€106,251€111,769€124,129▲ 11.1%
Other financial income752/9-€257€504€5,387€1,925▼ 64.3%
Financial charges65/66B-€119,710€173,094€244,900€275,280▲ 12.4%
Recurring financial charges65€141,918€119,710€173,094€244,400€275,280▲ 12.6%
Debt charges650€112,108€101,571€150,635€227,158€258,300▲ 13.7%
Other financial charges652/9-€18,139€22,459€17,242€16,980▼ 1.5%
Non-recurring financial charges66B---€500--
Profit (loss) for the period before taxes9903-€1.1m€1.1m-€1.3m€575,563-€104,420▼ 118%
Income taxes67/77-€1,587€16,632€922--
Taxes670/3-€1,587€17,839€922--
Tax adjustments and reversals of tax provisions77--€1,207---
Profit (loss) for the period9904-€1.1m€1.1m-€1.3m€574,641-€104,420▼ 118%
Profit (loss) for the period to be appropriated9905-€1.1m€1.1m-€1.3m€574,641-€104,420▼ 118%
Line20202021202220232024Change
Assets
Total assets20/58€9.2m€11.2m€10.1m€11.1m€11.0m▼ 1.3%
Fixed assets21/28€1.3m€1.3m€1.5m€1.5m€1.4m▼ 4.5%
Intangible fixed assets21€28,321€17,938€7,555€127,287€100,258▼ 21.2%
Tangible fixed assets22/27€1.1m€1.2m€1.4m€1.3m€1.3m▼ 2.9%
Land and buildings22-€143,788€121,137€150,265€166,725▲ 11.0%
Plant, machinery and equipment23-€1.1m€1.3m€1.2m€1.1m▼ 5.9%
Furniture and vehicles24-€22,455€10,867€5,338€2,311▼ 56.7%
Other tangible fixed assets26----€16,000-
Assets under construction and advance payments27---€12,455€12,455=
Financial fixed assets28€173,948€42,929€27,929€14,929€14,929=
Affiliated companies280/1-€500€500---
Participating interests280-€500€500---
Other financial fixed assets284/8-€42,429€27,429€14,929€14,929=
Amounts receivable and cash guarantees285/8-€42,429€27,429€14,929€14,929=
Current assets29/58€7.9m€9.9m€8.6m€9.6m€9.6m▼ 0.8%
Stocks and contracts in progress3€1.1m€1.9m€1.5m€1.2m€994,659▼ 14.8%
Stocks30/36-€1.9m€1.5m€1.2m€994,659▼ 14.8%
Raw materials and consumables30/31-€646,520€595,835€345,001€482,349▲ 39.8%
Finished goods33-€1.3m€937,112€822,646€512,310▼ 37.7%
Amounts receivable within one year40/41€6.2m€7.9m€6.1m€7.1m€7.0m▼ 0.3%
Trade receivables40-€2.4m€1.9m€1.1m€1.8m▲ 61.8%
Other amounts receivable41-€5.4m€4.2m€5.9m€5.2m▼ 11.9%
Current investments50/53€7,915€5,518€5,512€5,505€5,510▲ 0.1%
Other investments51/53-€5,518€5,512€5,505€5,510▲ 0.1%
Cash at bank and in hand54/58€578,208€56,580€876,583€245,128€181,402▼ 26.0%
Deferred charges and accrued income490/1-€42,846€89,168€1.2m€1.4m▲ 15.6%
Equity and liabilities
Total equity and liabilities10/49€9.2m€11.2m€10.1m€11.1m€11.0m▼ 1.3%
Equity10/15€4.9m€6.0m€4.7m€5.3m€5.2m▼ 2.0%
Contributions10/11€100,000€100,000€100,000€100,000€100,000=
Capital10-€100,000€100,000€100,000€100,000=
Issued capital100-€100,000€100,000€100,000€100,000=
Revaluation surpluses12-€12,358€12,358€12,358€12,358=
Reserves13€4.8m€5.9m€4.6m€5.2m€5.1m▼ 2.0%
Non-distributable reserves130/1-€10,000€10,000€10,000€10,000=
Legal reserve130-€10,000€10,000€10,000€10,000=
Distributable reserves133-€5.9m€4.6m€5.2m€5.1m▼ 2.0%
Provisions and deferred taxes16€151,667€121,334€91,000---
Provisions for liabilities and charges160/5-€121,334€91,000---
Other liabilities and charges164/5-€121,334€91,000---
Amounts payable17/49€4.2m€5.0m€5.2m€5.8m€5.8m▼ 0.6%
Amounts payable within one year42/48€3.9m€4.6m€4.8m€5.7m€5.6m▼ 1.9%
Financial debts43-€2.9m€3.6m€3.7m€3.7m▲ 0.7%
Credit institutions430/8-€2.9m€3.6m€3.7m€3.7m▲ 0.7%
Trade debts44€943,731€1.4m€577,666€1.1m€747,770▼ 30.8%
Suppliers440/4-€1.4m€577,666€1.1m€747,770▼ 30.8%
Taxes, remuneration and social security45-€318,414€472,349€309,489€514,706▲ 66.3%
Taxes450/3-€39,510€48,344€34,196€62,875▲ 83.9%
Remuneration and social security454/9-€278,904€424,005€275,293€451,830▲ 64.1%
Other amounts payable47/48--€139,866€556,677€551,019▼ 1.0%
Accrued charges and deferred income492/3-€420,686€398,852€162,083€234,374▲ 44.6%
Line20202021202220232024Change
Profit (loss) for the period9904-€1.1m€1.1m-€1.3m€574,641-€104,420▼ 118%
+ Depreciation and write-downs630€278,349€312,317€295,061€285,209€279,537▼ 2.0%
Operating cash flow (approximation)-€850,194€1.4m-€1.0m€859,850€175,118▼ 79.6%
Investment in fixed assets (approximation)--€303,724-€467,752-€300,774-€213,739▲ 28.9%
Change in cash--€521,628€820,004-€631,455-€63,726▲ 89.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
06-10
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 67 days late
2024
16-09
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 47 days late
2023
31-12
Financial Back to profitnet €574,641
Net result €574,641 after one loss-making year.
31-12
Financial Equity above €5mEq €5.3m ▲12.2%
Equity rises from €4.7m to €5.3m.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial Weakest financial yearnet -€1.3m
Net result drops to -€1.3m, the lowest in the series; recovery starts the following year.
29-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Back to profitnet €1.1m
Net result €1.1m after one loss-making year.
31-12
Financial Equity above €5mEq €6.0m ▲23%
Equity rises from €4.9m to €6.0m.
15-11
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 107 days late
2020
08-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 69 days late
2019
29-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
Show earlier events
2018
27-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
11-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
07-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts

We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
9 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, Aalst · 1 establishment unit since 1993
seat establishment The establishment unit on the map
Ground area
9,821 m²
Building footprint
3,420 m²
Volume, LiDAR
9,302 m³
Parcel 41342B1124/00H000, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
ACOTEC NV
Industrielaan 8, 9320 AalstNACE 1120002
since 19932.102.877.945
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41342B1124/00H000 Flanders 9,821 m² 1 · 3,420 m² 6.4 m · 1 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.

Structure & network

Part of the group BLUE CAPITAL 4 companies Group, risk and exposure

Owners and holdings

2 owners · 1 holding

Chain of control

  1. BLUE CAPITAL 70%
  2. Partners in Coating 100%
  3. AZOLLA 99.89%
  4. ACOTEC

Highest known parent: BLUE CAPITAL. The sources do not say who stands above it.

Owners 2

Holdings 1

  • Combidam Marine Coating Services BVNL
    Equity -€118,967Result -€120,202
    50%

According to the 2024 annual accounts of ACOTEC and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2024 to 2025 · 3 entries · 279,825 EUR awarded · 222,000 EUR paid
Year Entries awardedpaid
2025 2 0 EUR111,000 EUR
2024 1 279,825 EUR111,000 EUR
Schemes
3 entries · 279,825 EUR · 222,000 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Recognised contractor

6 categories
ACOTEC NV13249
category A, class 3 · category B, class 6 · category B1, class 6 · category E, class 3 · category F3, class 6 · category G, class 3
decision 08-01-2024

Legal Entity Identifier

549300NTA66MUIOJ2377
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 194 companies in sector 42919 we hold annual accounts for 81. 37 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded28-12-1992
Fiscal year end31-12
Activities, NACEBEL 2025
42919Civil engineering
20300Manufacture of chemicals and chemical products
E-invoicing
Reachable via Peppol
Peppol ID 0208:0448964401
Registered 29-09-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

General meetings

1 convocation
Extraordinary general meeting
on 30-06-2010 at 12u · published 15-06-2010
Agenda
Jaarverslag. Goedkeuring jaarrekening. Bestemming resultaat. Kwijting bestuurders. Divers. (AOPC11004853/15.06) (25384) BAERT BEHEERSMAATSCHAPPIJ, naamloze vennootschap, Buffelstraat 7, 9240 ZELE Ondernemingsnummer 0455.400.647 Algemene vergadering ter zetel op 30/6/2010, om 14 uur. Agenda : Jaarverslag. Goedkeuring jaarrekening. Bestemming resultaat. Kwijting bestuurders. Divers. (AOPC-1-10-04848/15.06) (25385) ″BEEKBOS - INVEST″, burgerlijke vennootschap onder de vorm van een naamloze vennootschap, te 1780 Wemmel, Romeinsesteenweg, 1022 RPR Brussel 0440.586.569 De raad van bestuur heeft de eer de aandeelhouders te verzoeken, om deel te nemen aan de gewone en buitengewone algemene verga- de ...