ACR CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of ACR CONSTRUCT is 3.0% (moderate). The 2025 annual accounts show negative equity (-€24,737) and a net result of -€101,237. Equity has been growing by about 13% per year since 2018. Its solvency ranks better than 5% of 39,275 sector peers (NACE 70, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 05-02-2018 Normal situation
- Registered office
- 424 active companies are registered at this address 84 started in the 12 months before. Source: KBO register, as of 3 November 2026.
- Activity
- Business and other management consultancy NACE 70200and 5 others
- Establishment unit
- 2.272.594.390 1420 Braine-l'Alleud, since 05-02-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 24-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.0%
- Gross margin
- -€77,072
- Loss
- €101,237
- Equity
- -€24,737
- Total assets
- €58,791
- ▼ 44.2%
- Staff
- ≈ 0 FTE
- estimated
- Negative equity on 31-12-2025
- 2025 accounts filed 31 days after the deadline
Score breakdownraises risk1 change of registered office in 24 monthsNegative equity -€24,737Loss of €101,237 (financial year 2025)lowers riskSize: total assets €58,791Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 70, micro). It does better than 3% of them on solvency, 10% on liquidity, 4% on profitability and 2% on growth.
The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 142 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00483905.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 8 filings
Every figure per financial year
The operating result for 2025 is a loss of €86,155, after a profit of €27,533 in 2024. It is the lowest result since 2021.
Turnover and EBIT margin are not published. The micro format does not require them.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Financial fixed assets | - | - | - | - | €0 |
| Depreciation and write-downs of the year | €2,708 | €2,396 | €2,213 | €2,213 | €224 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €693 | €264 | €146 | €704 | €38 | €391 | ▲ 918% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €3,265 | €5,977 | €2,708 | €2,396 | €2,213 | €2,213 | €224 | ▼ 89.9% |
| Other operating charges640/8 | - | - | €423 | €1,085 | €969 | €2,337 | €3,488 | €8,468 | ▲ 143% |
| Gross operating margin9900 | €40,646 | €14,442 | €15,035 | €49,288 | €3,858 | €15,638 | €33,273 | -€77,072 | - |
| Operating profit (loss)9901 | €29,314 | -€4,417 | €7,943 | €45,232 | €347 | €10,385 | €27,533 | -€86,155 | - |
| Financial income75/76B | - | - | €56 | €343 | - | €0 | €87 | €158 | ▲ 80.2% |
| Recurring financial income75 | €0 | €3 | €56 | €343 | - | €0 | €87 | €158 | ▲ 80.2% |
| Financial charges65/66B | - | - | €2,935 | €3,670 | €3,522 | €5,410 | €4,899 | €7,438 | ▲ 51.8% |
| Recurring financial charges65 | €51 | €831 | €2,935 | €3,670 | €3,522 | €5,410 | €4,899 | €7,438 | ▲ 51.8% |
| Profit (loss) for the period before taxes9903 | €29,264 | -€5,245 | €5,064 | €41,905 | -€3,174 | €4,975 | €22,722 | -€93,435 | - |
| Income taxes67/77 | €6,013 | - | €1,285 | €9,119 | - | €1,570 | €7,224 | €7,802 | ▲ 8.0% |
| Profit (loss) for the period9904 | €23,250 | -€5,245 | €3,778 | €32,787 | -€3,174 | €3,405 | €15,498 | -€101,237 | - |
| Profit (loss) for the period to be appropriated9905 | €23,250 | -€5,245 | €3,778 | €32,787 | -€3,174 | €3,405 | €15,498 | -€101,237 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €53,053 | €151,183 | €140,107 | €72,388 | €89,846 | €70,898 | €105,436 | €58,791 | ▼ 44.2% |
| Fixed assets21/28 | - | €84,261 | €89,348 | €7,046 | €4,649 | €2,437 | €224 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | - | €84,261 | €89,348 | €7,046 | €4,649 | €2,437 | €224 | €0 | ▼ 100% |
| Land and buildings22 | - | - | €74,119 | - | - | - | - | - | - |
| Furniture and vehicles24 | - | - | €9,754 | €7,046 | €4,649 | €2,437 | €224 | €0 | ▼ 100% |
| Other tangible fixed assets26 | - | - | €5,475 | - | - | - | - | - | - |
| Current assets29/58 | €53,053 | €66,922 | €50,759 | €65,342 | €85,196 | €68,461 | €105,212 | €58,791 | ▼ 44.1% |
| Amounts receivable within one year40/41 | €30,814 | €52,015 | €45,361 | €55,295 | €65,695 | €45,070 | €89,557 | €55,426 | ▼ 38.1% |
| Trade receivables40 | - | - | €40,977 | €24,070 | €23,512 | €12,025 | €32,483 | €44,642 | ▲ 37.4% |
| Other amounts receivable41 | - | - | €4,385 | €31,225 | €42,183 | €33,045 | €57,074 | €10,784 | ▼ 81.1% |
| Cash at bank and in hand54/58 | €22,239 | €14,907 | €5,398 | €10,048 | €19,501 | €23,391 | €15,655 | €3,365 | ▼ 78.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €53,053 | €151,183 | €140,107 | €72,388 | €89,846 | €70,898 | €105,436 | €58,791 | ▼ 44.2% |
| Equity10/15 | €29,450 | €24,205 | €27,984 | €60,770 | €57,596 | €61,001 | €76,500 | -€24,737 | - |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €8,060 | ▲ 30.0% |
| Capital10 | - | - | €6,200 | €6,200 | €6,200 | €6,200 | - | - | - |
| Issued capital100 | - | - | €18,600 | €18,600 | €18,600 | €18,600 | - | - | - |
| Uncalled capital101 | - | - | €12,400 | €12,400 | €12,400 | €12,400 | - | - | - |
| Reserves13 | - | - | €1,089 | €1,860 | €1,860 | €1,860 | €1,860 | €0 | ▼ 100% |
| Non-distributable reserves130/1 | - | - | €1,089 | €1,860 | €1,860 | €1,860 | €1,860 | €0 | ▼ 100% |
| Legal reserve130 | - | - | €1,089 | €1,860 | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | - | - | €1,860 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | €23,250 | €18,005 | €20,694 | €52,710 | €49,536 | €52,941 | €68,440 | -€32,797 | - |
| Amounts payable17/49 | €23,603 | €126,977 | €112,123 | €11,618 | €32,250 | €9,896 | €28,936 | €83,528 | ▲ 189% |
| Amounts payable after more than one year17 | - | €90,379 | €86,440 | - | - | - | - | €45,857 | - |
| Financial debts170/4 | - | - | €86,440 | - | - | - | - | €45,857 | - |
| Amounts payable within one year42/48 | €23,603 | €36,598 | €25,683 | €11,618 | €32,250 | €9,896 | €28,936 | €37,671 | ▲ 30.2% |
| Current portion of amounts payable after more than one year42 | - | - | €4,043 | €1,426 | €608 | - | €2,354 | €14,251 | ▲ 506% |
| Trade debts44 | €2,403 | €10,130 | €7,248 | €325 | €3,822 | €4,643 | €11,525 | €12,727 | ▲ 10.4% |
| Suppliers440/4 | - | - | €7,248 | €325 | €3,822 | €4,643 | €11,525 | €12,727 | ▲ 10.4% |
| Taxes, remuneration and social security45 | - | - | €3,633 | €9,403 | €9,149 | €5,253 | €15,058 | €8,593 | ▼ 42.9% |
| Taxes450/3 | - | - | €3,633 | €9,403 | €9,149 | €5,253 | €9,058 | €8,593 | ▼ 5.1% |
| Remuneration and social security454/9 | - | - | - | - | - | - | €6,000 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | €10,760 | €463 | €18,671 | - | - | €2,101 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,250 | -€5,245 | €3,778 | €32,787 | -€3,174 | €3,405 | €15,498 | -€101,237 | - |
| + Depreciation and write-downs630 | - | €3,265 | €5,977 | €2,708 | €2,396 | €2,213 | €2,213 | €224 | ▼ 89.9% |
| Operating cash flow (approximation) | €23,250 | -€1,980 | €9,755 | €35,495 | -€778 | €5,618 | €17,711 | -€101,013 | - |
| Investment in fixed assets (approximation) | - | - | -€11,064 | €79,594 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€7,332 | -€9,510 | €4,650 | €9,453 | €3,890 | -€7,736 | -€12,290 | ▼ 58.9% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,008 companies had the same profile as ACR CONSTRUCT has now. Two years later, 83.0% were still going and 7.9% had gone bankrupt.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ACR CONSTRUCT itself: 3.0% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 6,008 companies, not a prediction for ACR CONSTRUCT. 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.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00483905 | |
| 31-12-2024 | micro format | 30-07-2025 | 2025-00328391 | |
| 31-12-2023 | micro format | 11-02-2025 | 2025-00032652 | |
| 31-12-2022 | micro format | 12-11-2024 | 2024-00532571 | |
| 31-12-2021 | micro format | 28-06-2022 | 2022-20099718 | |
| 31-12-2020 | micro format | 10-06-2022 | 2022-20055237 | |
| 31-12-2019 | micro format | 17-08-2020 | 2020-41600460 | |
| 31-12-2018 | micro format | 31-07-2019 | 2019-41600581 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 19-03-2024 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| CORREA-ROA Gabriel Andres |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Bestuursorgaan, De algemene vergadering die de bestuurder(s) benoemt bepaalt hun aantal, de duur van hun opdracht en, indien er meerdere…”“Vergoeding van de bestuurders, De algemene vergadering beslist of het mandaat van de bestuurder al dan niet ten kosteloze titel wordt…”“Het bestuursorgaan bepaalt of zij alleen, dan wel gezamenlijk optreden, Dagelijks bestuur”
- Auditor ruleThe articles set how a statutory auditor is appointed and what they check.
- “Benoemd voor een hernieuwbare termijn van drie jaar, Controle van de vennootschap”
Articles of association, deed of 27-02-2026 (in French)
Network & group
ACR CONSTRUCT shares no director with another company.
Companies at the same address
423 other companies- GM TECH LAB D'ALESSIO Registered office · since 2026 1044551923
- Carrelage Confiance Registered office · since 2026 1044365940
- H.S. Construct Registered office · since 2026 1044003179
- Embek Group Registered office · since 2026 1043780178
- HTB GROUP Registered office · since 2026 1043528374
- ROB-B CONSULTING Registered office · since 2026 1043530849
- BARTO TOITURE Registered office · since 2026 1043337146
- EASY RENOV ENTREPRISE Registered office · since 2026 0791592947
- MHA TOITURE – CONSTRUCT Registered office · since 2026 1043369711
- ELIAN CONSTRUCTION Registered office · since 2026 1043199366
Connections & network
1 current directorThe network starts from the directors of ACR CONSTRUCT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
27-02
Gazette deed
Company renamed from ACR INVEST to ACR ConstructRegistered office moved to Sint-Genesius-Rode · New seat: Vlaams Gewest, Waterloosesteenweg 200/6, 1640 Sint-Genesius-Rode · Previous seat: onbekend (vermeld in eerdere akte)7 points ▸
- General meeting, “buitengewone algemene vergadering” (deed in French)
- Name change, ACR Construct
- Purpose change
- Amendment of the articles
- Registered-office move, Vlaams Gewest, Waterloosesteenweg 200/6, 1640 Sint-Genesius-Rode
- Registered office clause, “Waterloosesteenweg 200/6, 1640 Sint-Genesius-Rode” (deed in French)
- Power of attorney, Laura HORNUNG
20-01
Gazette deed
Registered office moved from Braine-l'Alleud to Sint-Genesius-RodeNew seat: Waterloosesteenweg 200/6, 1640 Sint-Genesius-Rode · Previous seat: 1420 Braine-l'Alleud, Avenue de l'Ermitage 52 points ▸
- General meeting, “extraordinaire, unanimité” (deed in French)
- Registered-office move, Waterloosesteenweg 200/6, 1640 Sint-Genesius-Rode
19-03
Gazette deed
Company renamed from THERMO-CLIM to ACR InvestRegistered office moved from Bruxelles to Braine-l'Alleud · New seat: 1420 Braine-l'Alleud, avenue de l'Ermitage 5 · Previous seat: Uccle (1180 Bruxelles), rue des Bigarreaux, 48 points ▸
- Name change, ACR Invest
- Other provision, “connaissance prescription dénomination distincte, article 2:3 du Code des sociétés et des associations” (deed in French)
- Registered-office move, 1420 Braine-l'Alleud, avenue de l'Ermitage 5
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Other provision, “suppression compte indisponible, supprimer compte statutairement indisponible créé article 39 §2 alinéa 2” (deed in French)
- Director resignation, CORREA-ROA Gabriel Andres (manager)
- Director appointment, CORREA-ROA Gabriel Andres (administrateur non statutaire)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
2 former offices
- 1420 Braine-l'Alleud until the act of 20-01-2026
- 1180 Bruxelles) until the act of 19-03-2024
Activities
NACEBEL 2025Codes under NACEBEL 2008
16 activities
- Loodgieterswerk, installatie, reparatie en onderhoud van huishoudelijke boilers, installatie van verwarming, ventilatie en airconditioning, isolatie van verwarmings- of koelleidingen, schoorsteenvegen en het reinigen van haarden, fornuizen, verbrandingsovens van ketels, ventilatiekanalen en rookafvoersystemen.
- De aankoop, verkoop, import en export van alle voorwerpen en accessoires die verband houden met de activiteit van opticien-optometrist, met name, zonder dat deze opsomming limitatief is, brillen - voor het zien of zonnebrillen, contactlenzen, verrekijkers, loepen, ...
- De aankoop, verkoop, invoer, groothandel en detailhandel van alle producten die direct of indirect verband houden met: elektronische apparaten, hifi, video, kleding, textiel, voedingsmiddelen, bloemen, planten, cadeauartikelen, speelgoed in de breedste zin van het woord; de voedingsindustrie, fruit, groenten, koloniale waren, bloemen, tabak, sigaretten, alcohol, verpakkingen en alle producten die direct of indirect verband houden met de horeca: brandbare producten zoals gas, aardolie, steenkool;
- Algemeen bouwbedrijf, in de breedste zin van het woord, zowel wat betreft het ruwbouw- als het afwerkingswerk; evenals verwarmingsinstallateurs, elektriciens, binnen- en buitenrenovatie, tegelzetters en stukadoors, kan het ook zorgen voor het ontwerp, de productie, de aankoop, de verkoop, de import, de export, (de distributie, de installatie en in het algemeen de handel in bouwmaterialen en alles wat daarmee rechtstreeks of onrechtstreeks verband houdt);
- De interne schoonmaak van alle soorten gebouwen, waaronder kantoren, fabrieken, werkplaatsen, instellingen en andere commerciële of professionele ruimtes, evenals appartementsgebouwen en de reiniging van ramen;
- Algemene bouw van residentiële gebouwen, met inbegrip van de realisatie, renovatie, verbouwing, uitbreiding, inspectie, coördinatie van bouwplaatsen en alle daarmee verband houdende activiteiten die nodig zijn voor de realisatie van residentiële gebouwen;
- Elektrotechnische isolatiewerkzaamheden aan gebouwen, met inbegrip van het ontwerp, de installatie, het onderhoud, de reparatie en de aanpassing aan de normen van elektrische en elektrotechnische installaties in alle soorten gebouwen (woon-, commerciële en industriële gebouwen), alsmede de levering, verkoop, import en export van het voor deze diensten benodigde elektrische materiaal.
- Alles wat te maken heeft met bank- en verzekeringsactiviteiten.
- Snuisterijen, koperwerk, fantasiejuwelen, schoenen, leer, skai, textielproducten, confectie, koffers, tassen, verlichtingsartikelen, elektrisch materiaal, cadeauartikelen, uurwerken, glaswerk, aardewerk, porselein, elektronische apparaten;
- Telecommunicatie en aanverwante activiteiten;
- Exploitatie van een kapsalon:
- De exploitatie van een bureau voor weddenschappen op sportwedstrijden, paardenrennen, loterijen, enz.;
- Zij kan ook een bakkerij-banketbakkerij exploiteren.
- Alles wat verband houdt met wegtransport.
- De aankoop en verkoop van alle computeronderdelen en computers, in de breedste zin van het woord.
- De groothandel en detailhandel in alle motorvoertuigen en alle accessoires voor motorvoertuigen, met inbegrip van, maar zonder dat deze opsomming beperkend is: de aankoop, verkoop, invoer, uitvoer, makelaardij, verhuur in alle vormen, evenals alle onderhouds-, reparatie- en verbeteringswerkzaamheden met betrekking tot bovengenoemde goederen. Alle activiteiten op het gebied van opslag, transport, verzending, douane-inklaring en andere soortgelijke activiteiten met betrekking tot deze goederen.
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0689.779.866
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 22552E0048/00Z025 | Flanders | 7,308 m² | 1 · 1,453 m² | 23.0 m · 4 |
| 25743K0002/00W013 | Wallonia | 1,524 m² | 1 · 138 m² | 15.9 m · 3 |