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Acumula

Active
Public limited companyfounded 20206 yrs activeAragonstraat 1, 2500 Lier, BelgiumKBO/BCE: BE 0748.732.112
Summary

Acumula has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €85,838 and a net result of €67,143. Equity is shrinking by ~5.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability47▲+35
Solvency30▲+3
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.07 against 1.06 in 2023; short-term debt: 93.4% and cash: 0.1% of total assets), and 95.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-06-2026, 44 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
44 d early
2024
36 d early
2023
26 d early
2022
38 d early
2021
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 35 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 25 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Acumula was incorporated on 19 June 2020 as a Public limited company.1 Total assets rose from EUR 549,350 in 2021 to EUR 1.8 million in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
€85,838▲ 359%
2023 · €18,695
Total assets
€1.8m▲ 135%
2023 · €782,561
Net result
€67,143
2023 · -€79,992
Working capital
€116,990▲ 158%
2023 · €45,404
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line2021202220232024
Operating result€20,790-€23,271▲ 11.9%-€37,104€140,561
Net result-€1,643within the sector's middle half-€330within the sector's middle half-€79,992below the sector's middle half€67,143within the sector's middle half
Equity€98,357within the sector's middle half-€98,687within the sector's middle half▲ 0.3%€18,695below the sector's middle half▼ 81.1%€85,838within the sector's middle half▲ 359%
Total assets€549,350below the sector's middle half-€856,726within the sector's middle half▲ 56.0%€782,561within the sector's middle half▼ 8.7%€1.8mwithin the sector's middle half▲ 135%
Debt€450,993-€758,039▲ 68.1%€763,865▲ 0.8%€1.8m▲ 130%
Working capital€189,607within the sector's middle half-€131,664within the sector's middle half▼ 30.6%€45,404within the sector's middle half▼ 65.5%€116,990within the sector's middle half▲ 158%
Solvency17.9%within the sector's middle half-11.5%within the sector's middle half▼ 6.4pp2.4%below the sector's middle half▼ 9.1pp4.7%below the sector's middle half▲ 2.3pp
Current ratio1.53within the sector's middle half-1.18within the sector's middle half▼ 0.351.06within the sector's middle half▼ 0.121.07within the sector's middle half▲ 0.01
Return on assets (ROA)-0.3%within the sector's middle half-0.0%within the sector's middle half▲ 0.3pp-10.2%below the sector's middle half▼ 10.3pp3.6%within the sector's middle half▲ 13.9pp
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000Operating result 2021: €20,790€20,790Net result 2021: -€1,643-€1,643Operating result 2022: €23,271€23,271Net result 2022: €330€330Operating result 2023: -€37,104-€37,104Net result 2023: -€79,992-€79,992Operating result 2024: €140,561€140,561Net result 2024: €67,143€67,1432021202220232024-€100,000€0€100,000Operating result 2022: €23,271€23,300Net result 2022: €330€330Operating result 2023: -€37,104-€37,100Net result 2023: -€79,992-€80,000Operating result 2024: €140,561€141,000Net result 2024: €67,143€67,100202220232024
The operating result returns to profit in 2024: €140,561 after a loss of €37,104 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.8m
Fixed assets €3,750 =
Current assets €1.8m ▲ 136%
Equity and liabilities €1.8m
Equity €85,838 ▲ 359%
Debt €1.8m ▲ 130%
Debt's share of the balance-sheet total falls from 97.6% to 95.3%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
Quick ratio
0.26▲
2023 · 0.04
Debt to equity
20.45▼
2023 · 40.86
ROE
78.2%▲
2023 · -427.9%
Debt ≤ 1 year
€1.7m▲
2023 · €733,407
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,603 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 96% are still going.

  • Small
  • 5 to 10 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
1.9% went bankrupt
1.8% stopped otherwise
96% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,603 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 35 lines
Balance sheet Code20232024
Assets
Total assets20/58€782,561€1.8m▲
Fixed assets21/28€3,750€3,750=
Financial fixed assets28€3,750€3,750=
Current assets29/58€778,811€1.8m▲
Stocks and contracts in progress3€752,856€1.4m▲
Contracts in progress37€752,856€1.4m▲
Amounts receivable within one year40/41€9,657€450,775▲
Trade receivables40€0€370,000▲
Other amounts receivable41€9,657€80,775▲
Cash at bank and in hand54/58€16,297€953▼
Equity and liabilities
Total equity and liabilities10/49€782,561€1.8m▲
Equity10/15€18,695€85,838▲
Contributions10/11€100,000€100,000=
Capital10€100,000€100,000=
Issued capital100€100,000€100,000=
Profit (loss) carried forward14-€81,305-€14,162▲
Amounts payable17/49€763,865€1.8m▲
Amounts payable within one year42/48€733,407€1.7m▲
Trade debts44€36,599€334,616▲
Suppliers440/4€36,599€334,616▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€696,807€1.4m▲
Accrued charges and deferred income492/3€30,459€34,902▲
Income statement Code20232024
Other operating charges640/8€24,313€2,344▼
Gross operating margin9900-€12,791€142,905▲
Operating profit (loss)9901-€37,104€140,561▲
Financial charges65/66B€42,888€73,418▲
Recurring financial charges65€42,888€73,418▲
Profit (loss) for the period before taxes9903-€79,992€67,143▲
Profit (loss) for the period9904-€79,992€67,143▲
Profit (loss) for the period to be appropriated9905-€79,992€67,143▲
Appropriation of the result
Profit (loss) to be appropriated9906-€81,305-€14,162▲
Profit (loss) brought forward from the previous period14P-€1,313-€81,305▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021202220232024Change
Other operating charges640/8€2,204€34,942€24,313€2,344▼ 90.4%
Gross operating margin9900€22,994€58,213-€12,791€142,905▲ 1,217%
Operating profit (loss)9901€20,790€23,271-€37,104€140,561▲ 479%
Financial charges65/66B€22,433€22,941€42,888€73,418▲ 71.2%
Recurring financial charges65€22,433€22,941€42,888€73,418▲ 71.2%
Profit (loss) for the period before taxes9903-€1,643€330-€79,992€67,143▲ 184%
Profit (loss) for the period9904-€1,643€330-€79,992€67,143▲ 184%
Profit (loss) for the period to be appropriated9905-€1,643€330-€79,992€67,143▲ 184%
Line2021202220232024Change
Assets
Total assets20/58€549,350€856,726€782,561€1.8m▲ 135%
Fixed assets21/28€3,750€3,750€3,750€3,750=
Financial fixed assets28€3,750€3,750€3,750€3,750=
Current assets29/58€545,600€852,976€778,811€1.8m▲ 136%
Stocks and contracts in progress3€451,625€730,307€752,856€1.4m▲ 84.0%
Contracts in progress37€451,625€730,307€752,856€1.4m▲ 84.0%
Amounts receivable within one year40/41€90,923€121,000€9,657€450,775▲ 4,568%
Trade receivables40-€121,000€0€370,000-
Other amounts receivable41€90,923€0€9,657€80,775▲ 736%
Cash at bank and in hand54/58€3,052€1,669€16,297€953▼ 94.2%
Equity and liabilities
Total equity and liabilities10/49€549,350€856,726€782,561€1.8m▲ 135%
Equity10/15€98,357€98,687€18,695€85,838▲ 359%
Contributions10/11€100,000€100,000€100,000€100,000=
Capital10€100,000€100,000€100,000€100,000=
Issued capital100€100,000€100,000€100,000€100,000=
Profit (loss) carried forward14-€1,643-€1,313-€81,305-€14,162▲ 82.6%
Amounts payable17/49€450,993€758,039€763,865€1.8m▲ 130%
Amounts payable within one year42/48€355,993€721,312€733,407€1.7m▲ 135%
Trade debts44-€89,348€36,599€334,616▲ 814%
Suppliers440/4-€89,348€36,599€334,616▲ 814%
Advances received on contracts in progress46-€14,626€0--
Taxes, remuneration and social security45-€6,393€0--
Taxes450/3-€6,393€0--
Other amounts payable47/48€355,993€610,946€696,807€1.4m▲ 98.9%
Accrued charges and deferred income492/3€95,000€36,727€30,459€34,902▲ 14.6%
Line2021202220232024Change
Profit (loss) for the period9904-€1,643€330-€79,992€67,143▲ 184%
Operating cash flow (approximation)-€1,643€330-€79,992€67,143▲ 184%
Investment in fixed assets (approximation)-€0€0€0-
Change in cash--€1,383€14,628-€15,344▼ 205%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
17-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
25-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Back to profitnet €67,143
Net result €67,143 after one loss-making year.
05-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Weakest financial yearnet -€79,992
Net result drops to -€79,992, the lowest in the series; recovery starts the following year.
23-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Back to profitnet €330
Net result €330 after one loss-making year.
30-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 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
7 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, Lier · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
1,459 m²
Building footprint
769 m²
Volume, LiDAR
9,064 m³
Parcel 12021G0372/00F002, Flanders · tallest building 15.7 m, ±4 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
Acumula
Aragonstraat 1, 2500 LierReal estate development
since 20202.303.893.223
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12021G0372/00F002
ProtectedMonument · Townscape or village viewHof Van SanthovenSource ↗
Flanders 1,459 m² 1 · 769 m² 15.7 m · 4 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Structure & network

Owners and holdings

2 owners

Owners 2

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 9,696 companies in sector 68121 we hold annual accounts for 7,393. 5,285 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded19-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
E-invoicing
Reachable via Peppol
Peppol ID 0208:0748732112
Also 9925:BE0748732112
Registered 24-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.