ANCKAERT
ActiveSummary
ANCKAERT has been active since 1975 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €433,758 and a net result of -€17,621. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 48% of 11547 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability50▲+41
Solvency65▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 1.7 against 1.82 in 2024; short-term debt: 52.9% and cash: 6.9% of total assets), but 60.1% 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
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€17,621
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-09-2026, 38 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 · 10 filingsDeviation from the deadline
2025
38 d late
2024
56 d late
2023
40 d late
2022
24 d late
2021
22 d late
2020
30 d late
2019
24 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 33 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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 7 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€433,758▼ 3.9%
2024 · €451,378
Total assets
€1.1m▲ 1.2%
2024 · €1.1m
Net result
-€17,621▲ 79.2%
2024 · -€84,666
Working capital
€403,280▼ 3.3%
2024 · €417,065
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
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 46, Wholesale trade, 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), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€26,447€86,056€44,297▼ 48.5%-€76,707-€8,862▲ 88.4%
Net result-€26,528below the sector's middle half€81,747above the sector's middle half€37,320above the sector's middle half▼ 54.3%-€84,666below the sector's middle half-€17,621below the sector's middle half▲ 79.2%
Equity€416,977above the sector's middle half▼ 6.0%€498,724above the sector's middle half▲ 19.6%€536,044above the sector's middle half▲ 7.5%€451,378above the sector's middle half▼ 15.8%€433,758above the sector's middle half▼ 3.9%
Total assets€836,394above the sector's middle half▼ 0.3%€1.1mabove the sector's middle half▲ 27.0%€1.2mabove the sector's middle half▲ 9.9%€1.1mabove the sector's middle half▼ 8.0%€1.1mabove the sector's middle half▲ 1.2%
Debt€419,418▲ 6.2%€563,642▲ 34.4%€631,092▲ 12.0%€622,475▼ 1.4%€652,719▲ 4.9%
Working capital€346,127above the sector's middle half▼ 9.8%€424,127above the sector's middle half▲ 22.5%€492,074above the sector's middle half▲ 16.0%€417,065above the sector's middle half▼ 15.2%€403,280above the sector's middle half▼ 3.3%
Solvency49.9%within the sector's middle half▼ 3.0pp46.9%within the sector's middle half▼ 2.9pp45.9%within the sector's middle half▼ 1.0pp42.0%within the sector's middle half▼ 3.9pp39.9%within the sector's middle half▼ 2.1pp
Current ratio1.83within the sector's middle half▼ 0.161.94within the sector's middle half▲ 0.122.03within the sector's middle half▲ 0.091.82within the sector's middle half▼ 0.211.70within the sector's middle half▼ 0.12
Return on assets (ROA)-3.2%below the sector's middle half▼ 3.2pp7.7%within the sector's middle half▲ 10.9pp3.2%within the sector's middle half▼ 4.5pp-7.9%below the sector's middle half▼ 11.1pp-1.6%within the sector's middle half▲ 6.3pp
Staff (FTE)1=1=1=1=0.3▼ 70.0%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8,862 in 2025 against €76,707 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets
€107,917 ▼ 28.3%
Current assets
€978,559 ▲ 6.0%
Equity and liabilities €1.1m
Equity
€433,758 ▼ 3.9%
Debt
€652,719 ▲ 4.9%
Debt's share of the balance-sheet total rises from 58.0% to 60.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€36,154▲
2024 · -€24,782
Cash flow
€27,395▲
2024 · -€32,741
Quick ratio
0.59▲
2024 · 0.40
Debt to equity
1.50▲
2024 · 1.38
ROE
-4.1%▲
2024 · -18.8%
Interest coverage
4.01▲
2024 · -2.85
Debt ≤ 1 year
€575,279▲
2024 · €506,356
Debt > 1 year
€77,440▼
2024 · €116,119
Staff costs
€13,144▼
2024 · €38,125
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.7%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% 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%.
| 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 12,321 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €23,921 | €0 | €385 | - |
| Remuneration, social security and pensions62 | €28,122 | €32,022 | €24,354 | €38,125 | €13,144 | ▼ 65.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30,851 | €39,724 | €20,305 | €51,924 | €45,016 | ▼ 13.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | -€7,425 | - |
| Other operating charges640/8 | €6,166 | €4,863 | €3,820 | €2,070 | €43,552 | ▲ 2,004% |
| Gross operating margin9900 | €38,692 | €162,665 | €92,775 | €15,412 | €85,424 | ▲ 454% |
| Operating profit (loss)9901 | -€26,447 | €86,056 | €44,297 | -€76,707 | -€8,862 | ▲ 88.4% |
| Financial income75/76B | €1,727 | €332 | €2,531 | €724 | €261 | ▼ 64.0% |
| Recurring financial income75 | €1,727 | €332 | €2,531 | €724 | €261 | ▼ 64.0% |
| Financial charges65/66B | €858 | €3,280 | €8,876 | €8,683 | €9,019 | ▲ 3.9% |
| Recurring financial charges65 | €858 | €3,280 | €8,876 | €8,683 | €9,019 | ▲ 3.9% |
| Profit (loss) for the period before taxes9903 | -€25,578 | €83,108 | €37,951 | -€84,666 | -€17,621 | ▲ 79.2% |
| Income taxes67/77 | €950 | €1,361 | €631 | €0 | - | - |
| Profit (loss) for the period9904 | -€26,528 | €81,747 | €37,320 | -€84,666 | -€17,621 | ▲ 79.2% |
| Profit (loss) for the period to be appropriated9905 | -€26,528 | €81,747 | €37,320 | -€84,666 | -€17,621 | ▲ 79.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €836,394 | €1.1m | €1.2m | €1.1m | €1.1m | ▲ 1.2% |
| Fixed assets21/28 | €70,850 | €187,726 | €197,020 | €150,433 | €107,917 | ▼ 28.3% |
| Tangible fixed assets22/27 | €70,850 | €187,726 | €197,020 | €150,433 | €107,917 | ▼ 28.3% |
| Plant, machinery and equipment23 | €1,830 | €1,401 | €972 | €543 | €114 | ▼ 79.0% |
| Furniture and vehicles24 | €56,504 | €181,309 | €193,018 | €143,608 | €1,546 | ▼ 98.9% |
| Leasing and similar rights25 | - | - | - | - | €99,458 | - |
| Other tangible fixed assets26 | €12,516 | €5,016 | €3,030 | €6,282 | €6,799 | ▲ 8.2% |
| Current assets29/58 | €765,545 | €874,640 | €970,116 | €923,421 | €978,559 | ▲ 6.0% |
| Stocks and contracts in progress3 | €571,100 | €672,496 | €705,041 | €720,607 | €637,516 | ▼ 11.5% |
| Stocks30/36 | €571,100 | €672,496 | €705,041 | €720,607 | €637,516 | ▼ 11.5% |
| Amounts receivable within one year40/41 | €142,754 | €133,252 | €140,207 | €176,403 | €261,965 | ▲ 48.5% |
| Trade receivables40 | €142,754 | €133,252 | €117,502 | €176,403 | €261,946 | ▲ 48.5% |
| Other amounts receivable41 | €0 | - | €22,705 | €0 | €19 | - |
| Cash at bank and in hand54/58 | €49,015 | €66,322 | €121,296 | €22,737 | €74,950 | ▲ 230% |
| Deferred charges and accrued income490/1 | €2,675 | €2,570 | €3,572 | €3,674 | €4,129 | ▲ 12.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €836,394 | €1.1m | €1.2m | €1.1m | €1.1m | ▲ 1.2% |
| Equity10/15 | €416,977 | €498,724 | €536,044 | €451,378 | €433,758 | ▼ 3.9% |
| Contributions10/11 | €24,800 | €24,800 | €24,800 | €24,800 | €24,800 | = |
| Reserves13 | €495,428 | €495,428 | €511,244 | €511,244 | €511,244 | = |
| Non-distributable reserves130/1 | €2,480 | €2,480 | €2,480 | €2,480 | €2,480 | = |
| Reserves not available under the articles1311 | €2,480 | €2,480 | €2,480 | €2,480 | €2,480 | = |
| Tax-exempt reserves132 | €16,920 | €16,920 | €16,920 | €16,920 | €16,920 | = |
| Distributable reserves133 | €476,028 | €476,028 | €491,844 | €491,844 | €491,844 | = |
| Profit (loss) carried forward14 | -€103,252 | -€21,504 | €0 | -€84,666 | -€102,286 | ▼ 20.8% |
| Amounts payable17/49 | €419,418 | €563,642 | €631,092 | €622,475 | €652,719 | ▲ 4.9% |
| Amounts payable after more than one year17 | €0 | €113,129 | €153,050 | €116,119 | €77,440 | ▼ 33.3% |
| Financial debts170/4 | €0 | €113,129 | €153,050 | €116,119 | €77,440 | ▼ 33.3% |
| Amounts payable within one year42/48 | €419,418 | €450,513 | €478,042 | €506,356 | €575,279 | ▲ 13.6% |
| Current portion of amounts payable after more than one year42 | €5,907 | €28,665 | €35,273 | €36,931 | €32,700 | ▼ 11.5% |
| Trade debts44 | €130,734 | €123,153 | €154,143 | €165,864 | €197,820 | ▲ 19.3% |
| Suppliers440/4 | €130,734 | €123,153 | €154,143 | €165,864 | €197,820 | ▲ 19.3% |
| Taxes, remuneration and social security45 | €30,461 | €31,959 | €4,314 | €6,544 | €14,410 | ▲ 120% |
| Taxes450/3 | €28,762 | €29,129 | €1,582 | €2,505 | €13,679 | ▲ 446% |
| Remuneration and social security454/9 | €1,699 | €2,831 | €2,733 | €4,039 | €731 | ▼ 81.9% |
| Other amounts payable47/48 | €252,317 | €266,735 | €284,312 | €297,018 | €330,349 | ▲ 11.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€26,528 | €81,747 | €37,320 | -€84,666 | -€17,621 | ▲ 79.2% |
| + Depreciation and write-downs630 | €30,851 | €39,724 | €20,305 | €51,924 | €45,016 | ▼ 13.3% |
| Operating cash flow (approximation) | €4,323 | €121,471 | €57,625 | -€32,741 | €27,395 | ▲ 184% |
| Investment in fixed assets (approximation) | - | -€156,600 | -€29,599 | -€5,337 | -€2,500 | ▲ 53.2% |
| Change in cash | - | €17,307 | €54,974 | -€98,560 | €52,214 | ▲ 153% |
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 2026, expected by
2026
07-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 38 days late
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
31-12
Financial
Weakest financial yearnet -€84,666
Net result drops to -€84,666, the lowest in the series; recovery starts the following year.
09-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 40 days late
2023
31-12
Financial
Equity above €500,000Eq €536,044 ▲7.5%
2 profitable years in a row build equity to €536,044.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Back to profitnet €81,747
Net result €81,747 after one loss-making year.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
31-12
Financial
Back to profitnet €28,459
Net result €28,459 after one loss-making year.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Waregem · 1 establishment unit since 1975
Ground area
2.6 ha
Parcel 34453D0600/00C000, Flanders. Linked by address, not a title deed.
1 establishment unit
Spitaalstraat 22, 8790 Waregem
since 19752.011.317.170
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34453D0600/00C000 | Flanders | 2.6 ha | - | - |
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 338 companies in this sector we hold annual accounts for 204. 158 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded01-04-1975
Fiscal year end31-12
Activities, NACEBEL 2025
13200Manufacture of textiles
46713Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0415166433
Also
9925:BE0415166433
Registered
10-12-2025
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.