Financials
- Fiscal year
- 2024
- Total assets
- €62,273
- Profit
- €9,598
- Solvency
- 31.4%
Total assets▼ 30.2%
Net result
20222024
ACR WORK CONCEPT
ActiveSummary
The computed 12-month bankruptcy probability of ACR WORK CONCEPT is 2.6% (moderate). The 2024 annual accounts show equity of €19,530 and a net result of €9,598. Its solvency ranks better than 33% of 36370 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Other specialised construction activities
NACE 43990NACE 43999
1 site
How big
€62,273total assets 2024
- Equity
- €19,530
- Profit
- €9,598
Turnover not published (abridged schema)
Who decides
Accounts 62 d overdue0 of 2 deeds read
Why 56- Limited track record- Higher-failure-rate sector- Annual accounts: weaker financial profile- Filed more than 90 days lateShow the evidence
Checked score
Score 2024
Axes · tick = 2022
Profitability88▼-3
Solvency56▲+7
Growth32
Track record94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.46 against 0.6 in 2022; short-term debt: 68.6% and cash: 13.9% of total assets), and 68.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
31.4%
Return on assets
15.4%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-11-2025, 105 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
105 d late
2022
55 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 80 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Liquidity doublescurrent ratio 1.46
- Annual accounts filedfiscal year 2022 · micro…
Key points
By topic
Timeline
- Events
- 3
- Since
- 2023
- 13-11-2025Annual accounts filed
- 31-12-2024Liquidity doubles
- 24-09-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Other specialised construction activitiesNACE 43990
- Founded
- 04-03-2021
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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