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ACOU

Active
Private limited companyfounded 198342 yrs activeZwarteweg 36, 8433 Middelkerke, BelgiumKBO/BCE: BE 0424.736.373
Summary

ACOU has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €48k and a net result of €-3k. Equity remains stable across the filed fiscal years (±2.2% per year). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability24▼-15
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
short-term debt: 0% and cash: 20.5% of total assets, and 0% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 42 years 0 50 y
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 d early
2024
36 d early
2023
54 d late
2022
66 d late
2021
118 d early
2020
38 d early
2019
39 d early
← before the deadline after the deadline →
Checked, nothing found (2)
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 months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
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

Financials · fiscal year 2025, abbreviated schema

Equity
€48k▼ 5.2%
2024 · €50k
2018: €53khighest in 8 years 2019: €34k▼ -35.4% vs 2018 2020: €41k▲ +21.1% vs 2019 2021: €45k▲ +9.2% vs 2020 2022: €32k▼ -29.0% vs 2021lowest in 8 years 2023: €50k▲ +57.1% vs 2022 2024: €50k▲ +0.5% vs 2023 2025: €48k▼ -5.2% vs 2024
2018 → 2025
Total assets
€48k▼ 5.4%
2024 · €51k
2018: €223khighest in 8 years 2019: €182k▼ -18.2% vs 2018 2020: €176k▼ -3.3% vs 2019 2021: €171k▼ -2.9% vs 2020 2022: €158k▼ -7.6% vs 2021 2023: €52k▼ -67.1% vs 2022 2024: €51k▼ -2.9% vs 2023 2025: €48k▼ -5.4% vs 2024lowest in 8 years
2018 → 2025
Net result
€-3k
2024 · €262
2018: €10k 2019: €-19k▼ -280% vs 2018lowest in 8 years 2020: €7k▲ +138% vs 2019 2021: €4k▼ -47.1% vs 2020 2022: €-13k▼ -444% vs 2021 2023: €18k▲ +240% vs 2022highest in 8 years 2024: €262▼ -98.6% vs 2023 2025: €-3k▼ -1107% vs 2024
2018 → 2025
Working capital
€48k▼ 5.2%
2024 · €50k
2018: €20k 2019: €-21k▼ -205% vs 2018 2020: €675▲ +103% vs 2019 2021: €11k▲ +1518% vs 2020 2022: €-85k▼ -881% vs 2021lowest in 8 years 2023: €50k▲ +159% vs 2022 2024: €50k▲ +0.5% vs 2023highest in 8 years 2025: €48k▼ -5.2% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€45k-€32k▼ 29.0%€50k▲ 57.1%€50k▲ 0.5%€48k▼ 5.2% 2021: €45k 2022: €32k▼ -29.0% vs 2021lowest in 5 years 2023: €50k▲ +57.1% vs 2022 2024: €50k▲ +0.5% vs 2023highest in 5 years 2025: €48k▼ -5.2% vs 2024
Operating result€7k-€-8k€511k€219k▼ 57.2%€-2k 2021: €7k 2022: €-8k▼ -212% vs 2021lowest in 5 years 2023: €511k▲ +6285% vs 2022highest in 5 years 2024: €219k▼ -57.2% vs 2023 2025: €-2k▼ -101% vs 2024
Net result€4k-€-13k€18k€262▼ 98.6%€-3k 2021: €4k 2022: €-13k▼ -444% vs 2021lowest in 5 years 2023: €18k▲ +240% vs 2022highest in 5 years 2024: €262▼ -98.6% vs 2023 2025: €-3k▼ -1107% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-200k€0€200k€400k€600kOperating result 2021: €7k€7kNet result 2021: €4k€4kOperating result 2022: €-8k€-8kNet result 2022: €-13k€-13kOperating result 2023: €511k€511kNet result 2023: €18k€18kOperating result 2024: €219k€219kNet result 2024: €262€262Operating result 2025: €-2k€-2kNet result 2025: €-3k€-3k20212022202320242025€-200k€0€200k€400k€600kOperating result 2023: €511k€511kNet result 2023: €18k€18kOperating result 2024: €219k€219kNet result 2024: €262€262Operating result 2025: €-2k€-2.3kNet result 2025: €-3k€-2.6k202320242025
The operating result turns negative in 2025: a loss of €2k after €219k in 2024.
Key figures and ratios
2025 value · change against 2024
Solvency
100.0%▲
2024 · 99.8%
Debt to equity
0.00▼
2024 · 0.00
ROE
-5.5%▼
2024 · 0.5%
ROA
-5.5%▼
2024 · 0.5%
Debt
€0▼
2024 · €98
Debt ≤ 1 year
€0▼
2024 · €98
Income taxes
€0▼
2024 · €98
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€51k€48k▼
Current assets29/58€51k€48k▼
Stocks and contracts in progress3€9k€0▼
Stocks30/36€9k€0▼
Amounts receivable within one year40/41€35k€38k▲
Trade receivables40€0-
Other amounts receivable41€35k€38k▲
Cash at bank and in hand54/58€7k€10k▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€51k€48k▼
Equity10/15€50k€48k▼
Contributions10/11€90k€90k=
Reserves13€11k€11k=
Non-distributable reserves130/1€5k€0▼
Reserves not available under the articles1311€5k€0▼
Distributable reserves133€6k€11k▲
Profit (loss) carried forward14€-51k€-53k▼
Amounts payable17/49€98€0▼
Amounts payable within one year42/48€98€0▼
Trade debts44€0-
Suppliers440/4€0-
Taxes, remuneration and social security45€98€0▼
Taxes450/3€98€0▼
Income statement Code20242025
Remuneration, social security and pensions62€0-
Other operating charges640/8€598€775▲
Non-recurring operating charges66A€0-
Gross operating margin9900€219k€-2k▼
Operating profit (loss)9901€219k€-2k▼
Financial income75/76B€61€0▼
Recurring financial income75€61€0▼
Financial charges65/66B€219k€328▼
Recurring financial charges65€219k€328▼
Profit (loss) for the period before taxes9903€360€-3k▼
Income taxes67/77€98€0▼
Profit (loss) for the period9904€262€-3k▼
Profit (loss) for the period to be appropriated9905€262€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-51k€-53k▼
Profit (loss) brought forward from the previous period14P€-51k€-51k▲
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Non-recurring operating income76A-€1k€0---
Remuneration, social security and pensions62€28k€3k€-131€0--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€142€0---
Other operating charges640/8€8k€3k€804€598€775▲ 29.5%
Non-recurring operating charges66A--€457€0--
Gross operating margin9900€63k€-2k€512k€219k€-2k▼ 101%
Operating profit (loss)9901€7k€-8k€511k€219k€-2k▼ 101%
Financial income75/76B---€61€0▼ 100%
Recurring financial income75---€61€0▼ 100%
Financial charges65/66B€3k€5k€491k€219k€328▼ 99.8%
Recurring financial charges65€3k€5k€491k€219k€328▼ 99.8%
Profit (loss) for the period before taxes9903€4k€-13k€20k€360€-3k▼ 833%
Income taxes67/77€148€0€2k€98€0▼ 100%
Profit (loss) for the period9904€4k€-13k€18k€262€-3k▼ 1,107%
Profit (loss) for the period to be appropriated9905€4k€-13k€18k€262€-3k▼ 1,107%
Line20212022202320242025Change
Assets
Total assets20/58€171k€158k€52k€51k€48k▼ 5.4%
Fixed assets21/28€129k€118k€0---
Tangible fixed assets22/27€129k€118k€0---
Land and buildings22€117k€117k€0---
Plant, machinery and equipment23€599€457€0---
Furniture and vehicles24€11k€0----
Current assets29/58€42k€41k€52k€51k€48k▼ 5.4%
Stocks and contracts in progress3--€42k€9k€0▼ 100%
Stocks30/36--€42k€9k€0▼ 100%
Amounts receivable within one year40/41€23k€39k€405€35k€38k▲ 8.6%
Trade receivables40-€50€405€0--
Other amounts receivable41€23k€39k€0€35k€38k▲ 8.6%
Cash at bank and in hand54/58€16k€1k€9k€7k€10k▲ 40.7%
Deferred charges and accrued income490/1€2k€0€209€0--
Equity and liabilities
Total equity and liabilities10/49€171k€158k€52k€51k€48k▼ 5.4%
Equity10/15€45k€32k€50k€50k€48k▼ 5.2%
Contributions10/11€90k€90k€90k€90k€90k=
Reserves13€11k€11k€11k€11k€11k=
Non-distributable reserves130/1€5k€5k€5k€5k€0▼ 100%
Reserves not available under the articles1311€5k€5k€5k€5k€0▼ 100%
Distributable reserves133€6k€6k€6k€6k€11k▲ 80.0%
Profit (loss) carried forward14€-56k€-69k€-51k€-51k€-53k▼ 5.2%
Amounts payable17/49€126k€126k€2k€98€0▼ 100%
Amounts payable after more than one year17€95k€0----
Financial debts170/4€95k€0----
Amounts payable within one year42/48€31k€126k€2k€98€0▼ 100%
Current portion of amounts payable after more than one year42€14k€125k€0---
Trade debts44€9k€837€132€0--
Suppliers440/4€9k€837€132€0--
Taxes, remuneration and social security45€8k€0€2k€98€0▼ 100%
Taxes450/3€4k€0€2k€98€0▼ 100%
Remuneration and social security454/9€4k€0----
Accrued charges and deferred income492/3-€284€0---
Line20212022202320242025Change
Profit (loss) for the period9904€4k€-13k€18k€262€-3k▼ 1,107%
+ Depreciation and write-downs630€20k€142€0---
Operating cash flow (approximation)€23k€-13k€18k€262€-3k▼ 1,107%
Investment in fixed assets (approximation)-€11k€118k---
Change in cash-€-15k€8k€-2k€3k▲ 215%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Liquidity times 18current ratio 514.25
Current ratio from 27.83 to 514.25; short-term debt falls from €2k to €98.
23-09
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 54 days late
2023
31-12
Financial Back to profitnet €18k
Net result €18k after one loss-making year.
31-12
Financial Liquidity times 86current ratio 27.83
Current ratio from 0.32 to 27.83; short-term debt falls from €126k to €2k.
05-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 66 days late
2022
04-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
23-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €7k
Net result €7k after one loss-making year.
31-12
Financial Liquidity doublescurrent ratio 1.02
Current ratio from 0.46 to 1.02; short-term debt falls from €39k to €33k.
22-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
25-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
13-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
05-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 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, Middelkerke · 1 establishment unit since 1984
seat establishment The establishment unit on the map
Ground area
192 m²
Building footprint
183 m²
Volume, LiDAR
943 m³
Parcel 35010B0081/00L000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
31 companies at this address See who is registered here
1 establishment unit
MELROSE
Zwarteweg 36, 8433 MiddelkerkeReal estate activities
since 19842.023.165.424
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35010B0081/00L000 Flanders 192 m² 1 · 183 m² 8.3 m · 2 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded20-10-1983
Fiscal year end31-12

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