ACUAS
ActiveSummary
The computed 12-month bankruptcy probability of ACUAS is 1.8% (moderate). The 2026 annual accounts show equity of €23k and a net result of €37k. Equity is shrinking by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 18% of 205 sector peers (fiscal year 2026). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2026
Axes · tick = 2025
Profitability97▼-3
Solvency39▲+2
Growth38=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
14%
Return on assets
22%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 205 sector peers (2026).
NBB · sector comparisonPosition among 205 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 10-07-2026, 52 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2026
52 d early
2025
22 d late
2024
54 d early
2023
44 d early
2022
47 d early
2021
13 d late
2020
11 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-01-2027 close31-08-2027 deadline
Financials · fiscal year 2026, micro schema
Turnover
€251▼ 99.9%
2025 · €200k
EBIT margin
20282.9%▲ 20227.3pp
2025 · 55.6%
Net result
€37k▼ 55.4%
2025 · €82k
Working capital
€18k▲ 23.5%
2025 · €14k
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
Line20222023202420252026
Turnover€190k▼ 7.9%€218k▲ 14.8%€186k▼ 14.3%€200k▲ 7.2%€251▼ 99.9%
Operating result€13k▼ 17.1%€6k▼ 50.4%€33k▲ 414%€111k▲ 238%€51k▼ 54.1%
Net result€12k▼ 7.5%€6k▼ 52.9%€25k▲ 342%€82k▲ 224%€37k▼ 55.4%
EBIT margin6.8%▼ 0.8pp2.9%▼ 3.9pp17.6%▲ 14.7pp55.6%▲ 38.0pp20282.9%▲ 20227.3pp
Equity€33k▼ 44.3%€39k▲ 17.2%€24k▼ 37.6%€22k▼ 11.2%€23k▲ 8.0%
Total assets€111k▼ 28.0%€124k▲ 11.4%€180k▲ 44.8%€179k▼ 0.2%€167k▼ 6.8%
Debt€78k▼ 17.7%€85k▲ 8.9%€155k▲ 82.5%€158k▲ 1.5%€144k▼ 8.8%
Working capital€43k▼ 14.9%€37k▼ 12.6%€22k▼ 40.0%€14k▼ 35.8%€18k▲ 23.5%
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 2026; 2026 is 54% below 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €167k
Fixed assets
€6k ▼ 23.2%
Current assets
€162k ▼ 6.1%
Equity and liabilities €167k
Equity
€23k ▲ 8.0%
Debt
€144k ▼ 8.8%
Debt's share of the balance-sheet total falls from 87.9% to 86.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€53k▼
2025 · €112k
Cash flow
€38k▼
2025 · €83k
Current ratio
1.12▲
2025 · 1.09
Debt to equity
6.16▼
2025 · 7.29
ROE
157.4%▼
2025 · 380.8%
ROA
22.0%▼
2025 · 45.9%
Interest coverage
176.60▼
2025 · 250.42
Debt ≤ 1 year
€144k▼
2025 · €158k
Income taxes
€14k▼
2025 · €31k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €190k | €218k | €186k | €200k | €251 | ▼ 99.9% |
| Non-recurring operating income76A | - | €5k | €1k | €21k | - | - |
| Goods, raw materials, services and sundry goods60/61 | €157k | €199k | €151k | €91k | €197k | ▲ 116% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19k | €17k | €2k | €758 | €2k | ▲ 120% |
| Other operating charges640/8 | €401 | €378 | €2k | €227 | €1k | ▲ 424% |
| Non-recurring operating charges66A | - | - | - | €17k | - | - |
| Gross operating margin9900 | €32k | €23k | €37k | €129k | €54k | ▼ 58.2% |
| Operating profit (loss)9901 | €13k | €6k | €33k | €111k | €51k | ▼ 54.1% |
| Financial income75/76B | €3k | €2k | €3k | €3k | €0 | ▼ 100.0% |
| Recurring financial income75 | €971 | €2k | €3k | €3k | €0 | ▼ 100.0% |
| Non-recurring financial income76B | €2k | - | - | - | - | - |
| Financial charges65/66B | €192 | €514 | €351 | €446 | €298 | ▼ 33.3% |
| Recurring financial charges65 | €192 | €514 | €351 | €446 | €298 | ▼ 33.3% |
| Profit (loss) for the period before taxes9903 | €16k | €8k | €36k | €113k | €51k | ▼ 55.3% |
| Income taxes67/77 | €3k | €2k | €10k | €31k | €14k | ▼ 55.1% |
| Profit (loss) for the period9904 | €12k | €6k | €25k | €82k | €37k | ▼ 55.4% |
| Profit (loss) for the period to be appropriated9905 | €12k | €6k | €25k | €82k | €37k | ▼ 55.4% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €111k | €124k | €180k | €179k | €167k | ▼ 6.8% |
| Fixed assets21/28 | €18k | €3k | €2k | €7k | €6k | ▼ 23.2% |
| Tangible fixed assets22/27 | €18k | €3k | €2k | €7k | €6k | ▼ 23.2% |
| Plant, machinery and equipment23 | €5k | €2k | - | €6k | €5k | ▼ 21.1% |
| Furniture and vehicles24 | €14k | €969 | €2k | €1k | €976 | ▼ 31.8% |
| Current assets29/58 | €93k | €121k | €178k | €172k | €162k | ▼ 6.1% |
| Amounts receivable within one year40/41 | €93k | €104k | €174k | €106k | €120k | ▲ 13.2% |
| Trade receivables40 | €74k | €65k | €100k | €68k | €79k | ▲ 16.0% |
| Other amounts receivable41 | €19k | €39k | €74k | €37k | €40k | ▲ 8.2% |
| Cash at bank and in hand54/58 | €519 | €18k | €4k | €65k | €41k | ▼ 37.6% |
| Deferred charges and accrued income490/1 | - | - | - | €1k | €1k | ▲ 4.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €111k | €124k | €180k | €179k | €167k | ▼ 6.8% |
| Equity10/15 | €33k | €39k | €24k | €22k | €23k | ▲ 8.0% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €13k | €19k | €4k | €1k | €3k | ▲ 150% |
| Amounts payable17/49 | €78k | €85k | €155k | €158k | €144k | ▼ 8.8% |
| Amounts payable after more than one year17 | €28k | €1k | - | - | - | - |
| Financial debts170/4 | €28k | €1k | - | - | - | - |
| Amounts payable within one year42/48 | €50k | €84k | €155k | €158k | €144k | ▼ 8.8% |
| Current portion of amounts payable after more than one year42 | €1k | €13k | €1k | - | €2k | - |
| Trade debts44 | €638 | €22k | €46k | €35k | €32k | ▼ 7.0% |
| Suppliers440/4 | €638 | €22k | €46k | €35k | €32k | ▼ 7.0% |
| Taxes, remuneration and social security45 | €16k | €5k | €18k | €47k | €48k | ▲ 2.1% |
| Taxes450/3 | €11k | €5k | €18k | €47k | €47k | ▼ 1.2% |
| Remuneration and social security454/9 | €5k | - | - | - | €2k | - |
| Other amounts payable47/48 | €32k | €43k | €90k | €75k | €61k | ▼ 18.6% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12k | €6k | €25k | €82k | €37k | ▼ 55.4% |
| + Depreciation and write-downs630 | €19k | €17k | €2k | €758 | €2k | ▲ 120% |
| Operating cash flow (approximation) | €31k | €22k | €27k | €83k | €38k | ▼ 53.8% |
| Investment in fixed assets (approximation) | - | €-1k | €-1k | €-6k | €0 | ▲ 100% |
| Change in cash | - | €17k | €-14k | €61k | €-24k | ▼ 140% |
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
Next filing, fiscal year 2027, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
2025
22-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 22 days late
31-01
Financial
Highest result since 2019net €82k ▲224%
Operating result €111k, net result €82k, both a record.
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-01
Financial
Weakest financial yearnet €6k ▼52.9%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
13-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 13 days late
2020
11-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Sint-Jans-Molenbeek · 1 establishment unit since 2016
Ground area
153 m²
Building footprint
242 m²
Volume, LiDAR
2,253 m³
Parcel 21523B0742/00W013, Brussels · tallest building 17.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ACUAS
since 20162.254.922.871
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21523B0742/00W013 | Brussels | 153 m² | 1 · 242 m² | 17.0 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.
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,414. 5,396 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-06-2016
Fiscal year end31-01
Activities, NACEBEL 2025
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.