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Acrona

Active
Private limited companyfounded 2020active for 6 yearsSteenstraat 1, 8820 Torhout, BelgiumKBO/BCE: BE 0754.834.204

Financials · financial year 2025, abbreviated format

2025 annual accounts filed 88 days after the deadline Filed on 27 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00569482.

Annual accounts 2025 filed on 27-10-2026 at the NBB all 5 filings

Turnover
≈ €160,000
Estimated: probably between €67,000 and €400,000
Total assets
€56,352▲ 3.5%
2024 · €54,446
Net result
€7,457▲ 213%
2024 · €2,381
Working capital
€20,495▲ 131%
2024 · €8,880
Trend over the years

2021 to 2025, 5 financial years

The operating result for 2025 is 153% higher than in 2024. It is the second rise in a row, after the fall in 2023.

Operating result€11,797 2025 Net result€7,457 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Computing infrastructure, data processing, hosting and other information service activities (NACE 63). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20212022202320242025
Operating result€15,955-€4,873▼ 69.5%-€1,934€4,670€11,797▲ 153%
Net result€12,658within the sector's middle half-€3,040within the sector's middle half▼ 76.0%-€2,371below the sector's middle half€2,381within the sector's middle half€7,457within the sector's middle half▲ 213%
Equity€14,658below the sector's middle half-€17,698below the sector's middle half▲ 20.7%€15,327below the sector's middle half▼ 13.4%€17,708below the sector's middle half▲ 15.5%€25,165below the sector's middle half▲ 42.1%
Total assets€21,817below the sector's middle half-€34,146below the sector's middle half▲ 56.5%€58,257below the sector's middle half▲ 70.6%€54,446below the sector's middle half▼ 6.5%€56,352below the sector's middle half▲ 3.5%
Debt€7,160-€16,449▲ 130%€42,930▲ 161%€36,738▼ 14.4%€31,187▼ 15.1%
Working capital€2,525below the sector's middle half-€7,025within the sector's middle half▲ 178%€1,933within the sector's middle half▼ 72.5%€8,880within the sector's middle half▲ 359%€20,495within the sector's middle half▲ 131%
Solvency67.2%within the sector's middle half-51.8%within the sector's middle half▼ 15.4pp26.3%within the sector's middle half▼ 25.5pp32.5%within the sector's middle half▲ 6.2pp44.7%within the sector's middle half▲ 12.1pp
Current ratio1.35within the sector's middle half-1.43within the sector's middle half▲ 0.071.11within the sector's middle half▼ 0.311.50within the sector's middle half▲ 0.392.07within the sector's middle half▲ 0.56
Return on assets (ROA)58.0%above the sector's middle half-8.9%within the sector's middle half▼ 49.1pp-4.1%below the sector's middle half▼ 13.0pp4.4%within the sector's middle half▲ 8.4pp13.2%within the sector's middle half▲ 8.9pp
Staff (FTE)0below the sector's middle half0below the sector's middle half0within the sector's middle half
above within below The sector band is the middle half of the companies in Computing infrastructure, data processing, hosting and other information service activities (NACE 63). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €56,352
Fixed assets €16,667 ▼ 40.4%
Current assets €39,685 ▲ 49.9%
Equity and liabilities €56,352
Equity €25,165 ▲ 42.1%
Debt €31,187 ▼ 15.1%
Debt's share of the balance-sheet total falls from 67.5% to 55.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€23,099▲
2024 · €16,063
Cash flow
€18,760▲
2024 · €13,774
Debt to equity
1.24▼
2024 · 2.07
ROE
29.6%▲
2024 · 13.4%
Interest coverage
16.60▲
2024 · 10.09
Debt ≤ 1 year
€19,190▲
2024 · €17,597
Debt > 1 year
€11,997▼
2024 · €19,142
Income taxes
€3,238▲
2024 · €953
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€7,233-€36,198--
Intangible fixed assets€8,636€1,727---
Depreciation and write-downs of the year€3,735€3,187€7,508€11,393€11,303

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2025 · 1 entry · €407 awarded · €407 paid
Schemes
1 entry · €407 · €407 paid · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€54,446€56,352▲
Fixed assets21/28€27,970€16,667▼
Intangible fixed assets21€2,931€945▼
Tangible fixed assets22/27€25,039€15,722▼
Plant, machinery and equipment23€1,197€0▼
Furniture and vehicles24€23,842€15,722▼
Current assets29/58€26,476€39,685▲
Amounts receivable within one year40/41€19,770€24,025▲
Trade receivables40€13,708€18,302▲
Other amounts receivable41€6,061€5,723▼
Cash at bank and in hand54/58€6,466€14,537▲
Deferred charges and accrued income490/1€241€1,123▲
Equity and liabilities
Total equity and liabilities10/49€54,446€56,352▲
Equity10/15€17,708€25,165▲
Contributions10/11€2,000€2,000=
Reserves13€15,708€23,165▲
Distributable reserves133€15,708€23,165▲
Profit (loss) carried forward14€0-
Amounts payable17/49€36,738€31,187▼
Amounts payable after more than one year17€19,142€11,997▼
Financial debts170/4€19,142€11,997▼
Amounts payable within one year42/48€17,597€19,190▲
Current portion of amounts payable after more than one year42€6,827€7,144▲
Financial debts43€1,856€2,405▲
Credit institutions430/8€1,856€2,405▲
Trade debts44€6,530€3,935▼
Suppliers440/4€6,530€3,935▼
Advances received on contracts in progress46-€313
Taxes, remuneration and social security45€2,384€5,392▲
Taxes450/3€2,384€3,892▲
Remuneration and social security454/9-€1,500
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,393€11,303▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€1,040€736▼
Gross operating margin9900€17,103€23,835▲
Operating profit (loss)9901€4,670€11,797▲
Financial income75/76B€256€290▲
Recurring financial income75€256€290▲
Financial charges65/66B€1,591€1,392▼
Recurring financial charges65€1,591€1,392▼
Profit (loss) for the period before taxes9903€3,334€10,695▲
Income taxes67/77€953€3,238▲
Profit (loss) for the period9904€2,381€7,457▲
Profit (loss) for the period to be appropriated9905€2,381€7,457▲
Appropriation of the result
Profit (loss) to be appropriated9906€708€7,457▲
Profit (loss) brought forward from the previous period14P-€1,673€0▲
Transfer to equity691/2€708€7,457▲
To other reserves6921€708€7,457▲
Social balance sheet
Average headcount (FTE)90870.00.0=

The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 27-10-2026.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,735€3,187€7,508€11,393€11,303▼ 0.8%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€365€0-€365€0--
Other operating charges640/8€856€408€1,056€1,040€736▼ 29.2%
Gross operating margin9900€20,911€8,469€6,265€17,103€23,835▲ 39.4%
Operating profit (loss)9901€15,955€4,873-€1,934€4,670€11,797▲ 153%
Financial income75/76B€13€1€641€256€290▲ 13.4%
Recurring financial income75€13€1€641€256€290▲ 13.4%
Financial charges65/66B€92€209€785€1,591€1,392▼ 12.6%
Recurring financial charges65€92€209€785€1,591€1,392▼ 12.6%
Profit (loss) for the period before taxes9903€15,877€4,664-€2,077€3,334€10,695▲ 221%
Income taxes67/77€3,219€1,624€293€953€3,238▲ 240%
Profit (loss) for the period9904€12,658€3,040-€2,371€2,381€7,457▲ 213%
Profit (loss) for the period to be appropriated9905€12,658€3,040-€2,371€2,381€7,457▲ 213%
Line20212022202320242025Change
Assets
Total assets20/58€21,817€34,146€58,257€54,446€56,352▲ 3.5%
Fixed assets21/28€12,133€10,673€39,363€27,970€16,667▼ 40.4%
Intangible fixed assets21€7,336€7,076€5,004€2,931€945▼ 67.7%
Tangible fixed assets22/27€4,797€3,597€34,359€25,039€15,722▼ 37.2%
Plant, machinery and equipment23€4,797€3,597€2,397€1,197€0▼ 100%
Furniture and vehicles24--€31,962€23,842€15,722▼ 34.1%
Current assets29/58€9,684€23,474€18,895€26,476€39,685▲ 49.9%
Amounts receivable within one year40/41€2,663€9,681€13,948€19,770€24,025▲ 21.5%
Trade receivables40€2,543€6,909€8,127€13,708€18,302▲ 33.5%
Other amounts receivable41€121€2,772€5,821€6,061€5,723▼ 5.6%
Cash at bank and in hand54/58€6,807€13,793€4,790€6,466€14,537▲ 125%
Deferred charges and accrued income490/1€214€0€157€241€1,123▲ 366%
Equity and liabilities
Total equity and liabilities10/49€21,817€34,146€58,257€54,446€56,352▲ 3.5%
Equity10/15€14,658€17,698€15,327€17,708€25,165▲ 42.1%
Contributions10/11€2,000€2,000€2,000€2,000€2,000=
Reserves13-€15,000€15,000€15,708€23,165▲ 47.5%
Distributable reserves133-€15,000€15,000€15,708€23,165▲ 47.5%
Profit (loss) carried forward14€12,658€698-€1,673€0--
Amounts payable17/49€7,160€16,449€42,930€36,738€31,187▼ 15.1%
Amounts payable after more than one year17--€25,969€19,142€11,997▼ 37.3%
Financial debts170/4--€25,969€19,142€11,997▼ 37.3%
Amounts payable within one year42/48€7,160€16,449€16,962€17,597€19,190▲ 9.1%
Current portion of amounts payable after more than one year42--€6,524€6,827€7,144▲ 4.6%
Financial debts43€1,189€0€1,619€1,856€2,405▲ 29.6%
Credit institutions430/8€1,189€0€1,619€1,856€2,405▲ 29.6%
Trade debts44€426€8,921€4,499€6,530€3,935▼ 39.7%
Suppliers440/4€426€8,921€4,499€6,530€3,935▼ 39.7%
Advances received on contracts in progress46----€313-
Taxes, remuneration and social security45€4,111€7,528€4,319€2,384€5,392▲ 126%
Taxes450/3€4,111€7,528€4,319€2,384€3,892▲ 63.3%
Remuneration and social security454/9----€1,500-
Other amounts payable47/48€1,435€0€0---
Line20212022202320242025Change
Profit (loss) for the period9904€12,658€3,040-€2,371€2,381€7,457▲ 213%
+ Depreciation and write-downs630€3,735€3,187€7,508€11,393€11,303▼ 0.8%
Operating cash flow (approximation)€16,393€6,227€5,137€13,774€18,760▲ 36.2%
Investment in fixed assets (approximation)--€1,727-€36,198€0€0-
Change in cash-€6,986-€9,003€1,676€8,071▲ 381%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 26,972 companies had the same profile as Acrona has now. Two years later, 1.6% had gone bankrupt and 94.9% were still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
94.9% was still going

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Acrona itself: 0.4% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 26,972 companies, not a prediction for Acrona. 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 (5)
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 27-10-2026 2026-00569482 PDF
31-12-2024 abbreviated format 30-09-2025 2025-00515998 PDF
31-12-2023 abbreviated format 08-10-2024 2024-00499108 PDF
31-12-2022 micro format 10-10-2023 2023-00480154 PDF
31-12-2021 micro format 31-08-2022 2022-20367523 PDF

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