AcrA Projects
Bankruptcy closedInactive since 02-05-2026; last annual accounts for fiscal year 2018.
Summary
AcrA Projects was declared bankrupt (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 28-04-2026, published in the Belgian State Gazette on 07-05-2026.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2018 was due by 31-10-2018 and was filed on 29-10-2018, 2 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2018, micro schema
Equity
€7,091▼ 31.6%
2017 · €10,372
Total assets
€112,244▲ 131%
2017 · €48,691
Net result
-€3,281
2017 · €4,172
Working capital
-€31,372
2017 · €4,242
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20172018
Operating result€6,450-€847▼ 86.9%
Net result€4,172--€3,281
Equity€10,372-€7,091▼ 31.6%
Total assets€48,691-€112,244▲ 131%
Debt€38,319-€105,152▲ 174%
Working capital€4,242--€31,372
Staff (FTE)0.5
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2018; 2018 is 87% below 2017.
Balance-sheet composition
2018 in colour, 2017 as the grey bar beneath
Assets €112,244
Fixed assets
€60,399 ▲ 885%
Current assets
€51,845 ▲ 21.8%
Equity and liabilities €112,244
Equity
€7,091 ▼ 31.6%
Debt
€105,152 ▲ 174%
Debt's share of the balance-sheet total rises from 78.7% to 93.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€14,054▲
2017 · €7,555
Cash flow
€9,926▲
2017 · €5,277
Current ratio
0.62▼
2017 · 1.11
Debt to equity
3.09
ROE
-46.3%▼
2017 · 40.2%
ROA
-2.9%▼
2017 · 8.6%
Debt ≤ 1 year
€83,217▲
2017 · €38,319
Debt > 1 year
€21,936
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2017 | 2018 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,105 | €13,206 | ▲ 1,095% |
| Gross operating margin9900 | €7,916 | €31,015 | ▲ 292% |
| Operating profit (loss)9901 | €6,450 | €847 | ▼ 86.9% |
| Recurring financial income75 | €766 | €21 | ▼ 97.3% |
| Recurring financial charges65 | €1,532 | €4,148 | ▲ 171% |
| Profit (loss) for the period before taxes9903 | €5,684 | -€3,281 | ▼ 158% |
| Income taxes67/77 | €1,512 | - | - |
| Profit (loss) for the period9904 | €4,172 | -€3,281 | ▼ 179% |
| Profit (loss) for the period to be appropriated9905 | €4,172 | -€3,281 | ▼ 179% |
| Line | 2017 | 2018 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €48,691 | €112,244 | ▲ 131% |
| Fixed assets21/28 | €6,130 | €60,399 | ▲ 885% |
| Tangible fixed assets22/27 | €3,995 | €58,264 | ▲ 1,358% |
| Financial fixed assets28 | €2,135 | €2,135 | = |
| Current assets29/58 | €42,561 | €51,845 | ▲ 21.8% |
| Amounts receivable within one year40/41 | €19,673 | €45,965 | ▲ 134% |
| Cash at bank and in hand54/58 | €22,888 | €5,688 | ▼ 75.1% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €48,691 | €112,244 | ▲ 131% |
| Equity10/15 | €10,372 | €7,091 | ▼ 31.6% |
| Contributions10/11 | €6,200 | €6,200 | = |
| Reserves13 | €620 | €620 | = |
| Profit (loss) carried forward14 | €3,552 | €271 | ▼ 92.4% |
| Amounts payable17/49 | €38,319 | €105,152 | ▲ 174% |
| Amounts payable after more than one year17 | - | €21,936 | - |
| Amounts payable within one year42/48 | €38,319 | €83,217 | ▲ 117% |
| Trade debts44 | €21,169 | €30,712 | ▲ 45.1% |
| Line | 2017 | 2018 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €4,172 | -€3,281 | ▼ 179% |
| + Depreciation and write-downs630 | €1,105 | €13,206 | ▲ 1,095% |
| Operating cash flow (approximation) | €5,277 | €9,926 | ▲ 88.1% |
| Investment in fixed assets (approximation) | - | -€67,475 | - |
| Change in cash | - | -€17,200 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
07-05
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · event 28-04-2026
2018
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
SignalNBB filing
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, Affligem
Ground area
317 m²
Building footprint
258 m²
Volume, LiDAR
1,416 m³
Parcel 23085A0537/00C002, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23085A0537/00C002 | Flanders | 317 m² | 1 · 258 m² | 9.8 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 (pre-2019)
Founded24-03-2016
Fiscal year end31-03
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.