ACS Properties
ActiveACS Properties has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €82k and a net result of €16k. Equity is growing by ~30.9% per year across the filed fiscal years. Its solvency ranks better than 53% of 4604 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+48
Solvency57▼-13
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.06 against 3.78 in 2024; short-term debt: 38.9% and cash: 3.9% of total assets), but 68.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
31.5%
Return on assets
6.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
225 d late
2021
31 d late
2020
90 d late
2019
95 d late
2018
30 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€82k▲ 25.0%
2024 · €66k
2018: €-56k
2019: €-52k
2020: €-49k
2021: €151k
2023: €71k
2024: €66k
2018 → 2025
Total assets
€261k▲ 77.2%
2024 · €147k
2018: €338k
2019: €328k
2020: €317k
2021: €494k
2023: €147k
2024: €147k
2018 → 2025
Net result
€16k
2024 · €-5k
2018: €-126
2019: €5k
2020: €3k
2021: €11k
2023: €90k
2024: €-5k
2018 → 2025
Working capital
€107k▼ 1.0%
2024 · €108k
2018: €-80k
2019: €-86k
2020: €-83k
2021: €-82k
2023: €114k
2024: €108k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Equity€-49k-€151k€71k▼ 52.9%€66k▼ 7.2%€82k▲ 25.0%
Operating result€11k-€19k▲ 72.3%€139k▲ 624%€18k
Net result€3k-€11k▲ 334%€90k▲ 681%€-5k€16k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €18k in 2025, compared with €139k in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €261k
Fixed assets
€52k
Current assets
€209k
Equity and liabilities €261k
Equity
€82k▲ 25.0%
Provisions
€43k=
Debt
€136k▲ 250%
The debt ratio rises from 26.5% to 52.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€23k
Cash flow
€21k
Solvency
31.5%▼
2024 · 44.7%
Current ratio
2.06▼
2024 · 3.78
Quick ratio
2.04▼
2024 · 3.78
Debt / equity
1.66▲
2024 · 0.59
ROE
20.0%▲
2024 · -7.8%
ROA
6.3%▲
2024 · -3.5%
Interest coverage
13.63
Debt
€136k▲
2024 · €39k
Debt ≤ 1 year
€102k▲
2024 · €39k
Debt > 1 year
€11k
Staff costs
€10k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€147k€261k▲
Fixed assets21/28-€52k
Tangible fixed assets22/27-€52k
Other tangible fixed assets26-€52k
Current assets29/58€147k€209k▲
Stocks and contracts in progress3-€2k
Stocks30/36-€2k
Amounts receivable within one year40/41€145k€195k▲
Trade receivables40-€40k
Other amounts receivable41€145k€155k▲
Cash at bank and in hand54/58-€10k
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€147k€261k▲
Equity10/15€66k€82k▲
Contributions10/11€6k€6k=
Reserves13€128k€128k=
Tax-exempt reserves132€128k€128k=
Profit (loss) carried forward14€-68k€-52k▲
Provisions and deferred taxes16€43k€43k=
Deferred taxes168€43k€43k=
Amounts payable17/49€39k€136k▲
Amounts payable after more than one year17-€11k
Other amounts payable178/9-€11k
Amounts payable within one year42/48€39k€102k▲
Financial debts43€34-
Credit institutions430/8€34-
Trade debts44€10k€41k▲
Suppliers440/4€10k€41k▲
Taxes, remuneration and social security45€5k€13k▲
Taxes450/3€5k€12k▲
Remuneration and social security454/9-€560
Other amounts payable47/48€24k€48k▲
Accrued charges and deferred income492/3-€23k
Income statement
Code20242025
Remuneration, social security and pensions62-€10k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€5k
Other operating charges640/8-€482
Non-recurring operating charges66A-€2k
Gross operating margin9900-€36k
Operating profit (loss)9901-€18k
Financial income75/76B-€14
Recurring financial income75-€14
Financial charges65/66B€75€2k▲
Recurring financial charges65€75€2k▲
Profit (loss) for the period before taxes9903€-75€16k▲
Income taxes67/77€5k-
Profit (loss) for the period9904€-5k€16k▲
Profit (loss) for the period to be appropriated9905€-5k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-68k€-52k▲
Profit (loss) brought forward from the previous period14P€-63k€-68k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
13-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 225 days late
2024
31-12
Financial
Weakest financial yearnet €-5k ▼106%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
2023
31-12
Financial
Highest result since 2018net €90k ▲681%
Net result €90k, the highest in the series.
31-12
Financial
Liquidity times 122current ratio 4.37
Current ratio from 0.04 to 4.37; short-term debt falls from €85k to €34k.
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Equity above €150kEq €151k
3 profitable years in a row build equity to €151k.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
03-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 95 days late
2019
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 304 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Brussel · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Waterloolaan 121000 BrusselGround area
2,459 m²
Building footprint
732 m²
Volume, LiDAR
4,197 m³
2 parcels, Brussels, Flanders · tallest building 18.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
-
since 20162.256.825.061
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22552G0300/02A000 | Flanders | 2,307 m² | 1 · 492 m² | 11.7 m · 2 fl. |
| 21808H1938/00D000 | Brussels | 153 m² | 1 · 240 m² | 18.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 6,711 companies in sector 96230 we hold annual accounts for 629. 455 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-06-2016
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
96230Day spas, saunas and steam baths
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.