ACEVE Belgium
ActiveSummary
ACEVE Belgium has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.0m and a net result of €190,225. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 48% of 1453 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+12
Solvency62▲+8
Growth61=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75,000 at 30 days acceptable
Liquidity tight (current ratio 1.44 against 2.73 in 2024; short-term debt: 57.8% and cash: 21.2% of total assets), and 63.3% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
36.7%
Return on assets
6.7%
Age of the figures
9 mo
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
35 d early
2023
102 d early
2022
33 d early
2021
2 d early
2020
98 d early
2019
85 d early
← 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 54 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% 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.
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Staff and payroll costs Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
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Financials · fiscal year 2025, full schema
In the rankings
#1 oldest company in Halen, Telecoms and IT sector#2 company by total assets in Halen, Telecoms and IT sector#2 company by equity in Halen, Telecoms and IT sector
Turnover
€5.3m▼ 0.3%
2019 · €5.3m
EBIT margin
7.3%▲ 4.4pp
2019 · 3.0%
Net result
€190,225▲ 215%
2024 · €60,347
Working capital
€723,523▼ 61.0%
2024 · €1.9m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€437,149▲ 13.5%€162,346▼ 62.9%€194,972▲ 20.1%€118,579▼ 39.2%€606,624▲ 412%
Net result€275,178above the sector's middle half▲ 29.4%€77,776within the sector's middle half▼ 71.7%€98,237within the sector's middle half▲ 26.3%€60,347within the sector's middle half▼ 38.6%€190,225within the sector's middle half▲ 215%
EBIT margin
Equity€1.3mabove the sector's middle half▲ 5.9%€1.2mabove the sector's middle half▼ 9.1%€1.2mabove the sector's middle half▼ 0.1%€1.0mabove the sector's middle half▼ 15.8%€1.0mwithin the sector's middle half▲ 1.0%
Total assets€2.5mabove the sector's middle half▲ 6.1%€3.2mabove the sector's middle half▲ 29.4%€3.0mabove the sector's middle half▼ 6.0%€3.6mabove the sector's middle half▲ 18.5%€2.8mwithin the sector's middle half▼ 21.2%
Debt€1.1m▲ 5.5%€2.0m▲ 75.4%€1.8m▼ 9.6%€2.6m▲ 42.3%€1.8m▼ 30.1%
Working capital€1.1mabove the sector's middle half▲ 20.3%€1.8mabove the sector's middle half▲ 64.1%€1.9mabove the sector's middle half▲ 7.8%€1.9mabove the sector's middle half▼ 1.7%€723,523within the sector's middle half▼ 61.0%
Solvency54.1%within the sector's middle half▼ 0.1pp38.0%within the sector's middle half▼ 16.1pp40.3%within the sector's middle half▲ 2.3pp28.7%within the sector's middle half▼ 11.7pp36.7%within the sector's middle half▲ 8.1pp
Current ratio2.01within the sector's middle half▲ 0.132.46within the sector's middle half▲ 0.463.00within the sector's middle half▲ 0.542.73within the sector's middle half▼ 0.271.44within the sector's middle half▼ 1.29
Return on assets (ROA)11.1%within the sector's middle half▲ 2.0pp2.4%within the sector's middle half▼ 8.7pp3.3%within the sector's middle half▲ 0.8pp1.7%within the sector's middle half▼ 1.6pp6.7%within the sector's middle half▲ 5.1pp
Staff (FTE)29.8above the sector's middle half▼ 1.7%31.4above the sector's middle half▲ 5.4%33.1above the sector's middle half▲ 5.4%35.5above the sector's middle half▲ 7.3%35.3above the sector's middle half▼ 0.6%
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2025 Net result +215% on 2024. The previous fiscal year ran 15 months, this one 12. The accounts now follow the full schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 412% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.8m
Fixed assets
€466,149 ▼ 28.3%
Current assets
€2.4m ▼ 19.6%
Equity and liabilities €2.8m
Equity
€1.0m ▲ 1.0%
Debt
€1.8m ▼ 30.1%
Debt's share of the balance-sheet total falls from 71.3% to 63.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€730,039▲
2024 · €244,533
Cash flow
€313,639▲
2024 · €186,301
Debt to equity
1.72▼
2024 · 2.49
ROE
18.4%▲
2024 · 5.9%
Interest coverage
12.40▲
2024 · 5.32
Debt ≤ 1 year
€1.6m▲
2024 · €1.1m
Income taxes
€149,952▲
2024 · €35,758
Staff costs
€3.2m▼
2024 · €3.9m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% 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 20,134 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 | €8,251 | - | €1,169 | €126,513 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | €2.4m | €2.4m | €2.8m | €3.9m | €3.2m | ▼ 18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €235,037 | €216,925 | €91,589 | €125,954 | €123,415 | ▼ 2.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €114,432 | €11,657 | €7,225 | €5,486 | €0 | ▼ 100% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | -€926 | - | - | - | - |
| Other operating charges640/8 | €120,406 | €20,512 | €26,092 | €13,261 | €11,196 | ▼ 15.6% |
| Gross operating margin9900 | €3.3m | €2.8m | €3.1m | €4.1m | €3.9m | ▼ 5.3% |
| Operating profit (loss)9901 | €437,149 | €162,346 | €194,972 | €118,579 | €606,624 | ▲ 412% |
| Financial income75/76B | €2,264 | - | - | €23,502 | €4,877 | ▼ 79.3% |
| Recurring financial income75 | €2,264 | - | - | €23,502 | €4,877 | ▼ 79.3% |
| Financial charges65/66B | €56,864 | €37,694 | €31,735 | €45,976 | €271,324 | ▲ 490% |
| Recurring financial charges65 | €56,864 | €37,694 | €31,735 | €45,976 | €58,865 | ▲ 28.0% |
| Non-recurring financial charges66B | - | - | - | - | €212,460 | - |
| Profit (loss) for the period before taxes9903 | €382,548 | €124,652 | €163,237 | €96,105 | €340,177 | ▲ 254% |
| Income taxes67/77 | €107,371 | €46,876 | €65,000 | €35,758 | €149,952 | ▲ 319% |
| Profit (loss) for the period9904 | €275,178 | €77,776 | €98,237 | €60,347 | €190,225 | ▲ 215% |
| Profit (loss) for the period to be appropriated9905 | €275,178 | €77,776 | €98,237 | €60,347 | €190,225 | ▲ 215% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.5m | €3.2m | €3.0m | €3.6m | €2.8m | ▼ 21.2% |
| Fixed assets21/28 | €351,260 | €260,268 | €186,170 | €649,945 | €466,149 | ▼ 28.3% |
| Intangible fixed assets21 | €155,857 | €3,511 | €878 | €93,781 | €95,990 | ▲ 2.4% |
| Tangible fixed assets22/27 | €195,158 | €256,512 | €185,048 | €130,846 | €157,300 | ▲ 20.2% |
| Land and buildings22 | €17,553 | €14,311 | €11,068 | €7,015 | €4,354 | ▼ 37.9% |
| Plant, machinery and equipment23 | €126,332 | €199,182 | €143,595 | €108,558 | €149,006 | ▲ 37.3% |
| Furniture and vehicles24 | €51,273 | €43,019 | €30,384 | €15,273 | €3,939 | ▼ 74.2% |
| Financial fixed assets28 | €245 | €245 | €245 | €425,319 | €212,860 | ▼ 50.0% |
| Current assets29/58 | €2.1m | €2.9m | €2.8m | €2.9m | €2.4m | ▼ 19.6% |
| Amounts receivable within one year40/41 | €1.1m | €1.4m | €1.4m | €2.5m | €1.3m | ▼ 47.1% |
| Trade receivables40 | €1.1m | €1.4m | €1.4m | €2.5m | €979,591 | ▼ 60.4% |
| Other amounts receivable41 | €26,059 | €73,686 | €10,000 | €23,000 | €341,264 | ▲ 1,384% |
| Cash at bank and in hand54/58 | €954,508 | €1.4m | €1.2m | €131,588 | €596,997 | ▲ 354% |
| Deferred charges and accrued income490/1 | €33,085 | €160,540 | €271,543 | €297,359 | €434,261 | ▲ 46.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.5m | €3.2m | €3.0m | €3.6m | €2.8m | ▼ 21.2% |
| Equity10/15 | €1.3m | €1.2m | €1.2m | €1.0m | €1.0m | ▲ 1.0% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €1.3m | €1.2m | €1.2m | €962,736 | €972,960 | ▲ 1.1% |
| Non-distributable reserves130/1 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Distributable reserves133 | €1.3m | €1.2m | €1.1m | €956,536 | €966,760 | ▲ 1.1% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Provisions and deferred taxes16 | €7,440 | €6,513 | €6,513 | €0 | - | - |
| Provisions for liabilities and charges160/5 | €7,440 | €6,513 | €6,513 | €0 | - | - |
| Other liabilities and charges164/5 | €7,440 | €6,513 | €6,513 | €0 | - | - |
| Amounts payable17/49 | €1.1m | €2.0m | €1.8m | €2.6m | €1.8m | ▼ 30.1% |
| Amounts payable after more than one year17 | €70,346 | €83,870 | €16,959 | €0 | - | - |
| Financial debts170/4 | €70,346 | €83,870 | €16,959 | €0 | - | - |
| Amounts payable within one year42/48 | €1.1m | €1.2m | €942,855 | €1.1m | €1.6m | ▲ 52.0% |
| Current portion of amounts payable after more than one year42 | €197,029 | €224,438 | €103,206 | €10,614 | €0 | ▼ 100% |
| Trade debts44 | €221,909 | €262,021 | €247,314 | €380,356 | €677,771 | ▲ 78.2% |
| Suppliers440/4 | €221,909 | €262,021 | €247,314 | €380,356 | €677,771 | ▲ 78.2% |
| Taxes, remuneration and social security45 | €441,408 | €509,749 | €492,336 | €680,233 | €493,169 | ▼ 27.5% |
| Taxes450/3 | €62,052 | €82,744 | €23,034 | €266,292 | €46,486 | ▼ 82.5% |
| Remuneration and social security454/9 | €379,356 | €427,004 | €469,302 | €413,941 | €446,682 | ▲ 7.9% |
| Other amounts payable47/48 | €200,000 | €200,000 | €100,000 | €0 | €457,650 | - |
| Accrued charges and deferred income492/3 | - | €702,794 | €833,605 | €1.5m | €154,712 | ▼ 89.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €275,178 | €77,776 | €98,237 | €60,347 | €190,225 | ▲ 215% |
| + Depreciation and write-downs630 | €235,037 | €216,925 | €91,589 | €125,954 | €123,415 | ▼ 2.0% |
| Operating cash flow (approximation) | €510,214 | €294,701 | €189,826 | €186,301 | €313,639 | ▲ 68.4% |
| Investment in fixed assets (approximation) | - | -€125,934 | -€17,491 | -€589,729 | €60,381 | ▲ 110% |
| Change in cash | - | €405,913 | -€186,893 | -€1.0m | €465,409 | ▲ 145% |
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
20-08
State Gazette act
MiscellaneousPermanent representatives: Niels Decraene and Johan Arensman · Merger · Capital39 facts ▸
State Gazette act
Miscellaneous
Permanent representatives: Niels Decraene and Johan Arensman · Merger · Capital39 facts ▸
- Merger, dubbele met fusie door overneming gelijkgestelde verrichting(geruisloze fusie), goedkeuring respectievelijke buitengewone algemene vergaderingen
- Merger, dubbele met fusie door overneming gelijkgestelde verrichting(geruisloze fusie), goedkeuring respectievelijke buitengewone algemene vergaderingen
- Other statement, Europese vennootschapsgroep ACEVE, groepscontext en activiteiten
- Other statement, Belgische lokale afdeling, vennootschapsstructuur lokale/nationale afdelingen zoveel als mogelijk vereenvoudigen
- Other statement, doelstellingen herstructurering, Uitvoeren beslissing hoofdkantoor Europees niveau optimaliseren vennootschapsstructuur nationale afdelingen
- Other statement, centralisatie en voordelen, vermogen centraliseren in hoofde van één vennootschap voor optimale aanwending middelen en schaalvoordelen
- Other statement, tax assets en directe belastingen, neutraal op vlak directe belastingen
- Other statement, registratierechten en btw, EUR
- Other statement, verkeersbelasting
- Capital
- Shareholding
- Board composition, Claus Thorsgaard (director)
- +27 further facts in this act
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
12-05
State Gazette act
BenamingName change · Power of attorney3 facts ▸
State Gazette act
Benaming
Name change · Power of attorney3 facts ▸
- General meeting, 06-05-2025
- Name change, ACEVE Belgium
- Power of attorney, Marijke MELLAERTS
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Highest result since 2018net €275,178 ▲29.4%
Net result €275,178, the highest in the series.
22-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
05-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Equity above €1mEq €1.1m ▲9.8%
2 profitable years in a row build equity to €1.1m.
19-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
16-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 12 acts read
About the unread acts
Of the 12 Belgian State Gazette acts we know for this company, 2 have been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
12 acts for this company are in the Belgian State Gazette, of which we have read 2. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Halen · 1 establishment unit since 2001
Ground area
2,286 m²
Building footprint
480 m²
Volume, LiDAR
1,548 m³
Parcel 71020B0268/00Z000, Flanders · tallest building 4.9 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
KPD SERVICES
since 20012.095.394.889
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71020B0268/00Z000 | Flanders | 2,286 m² | 1 · 480 m² | 4.8 m · 1 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.
Articles of association
Who signs
Two directors jointly
Purpose
Computeradviesbureau; Onderneming voor het verlenen van diensten in verband met software pakketten,opleidings- en sturingscentrum,software-huis; Groothandel,aan- en verkoop van…
Full purpose
Computeradviesbureau; Onderneming voor het verlenen van diensten in verband met software pakketten,opleidings- en sturingscentrum,software-huis; Groothandel,aan- en verkoop van hardware in verband met de software-pakketten.
Other statement
Kosten fusieverrichting, elke betrokken vennootschap eigen kosten
Gelijkluidende afschriften digitaal ondertekend voorstel, één betrokken vennootschap of door haar aangesteld bijzonder lasthebber
2 more provisions on this in the deed
Structure & network
Owners and holdings
1 owner · 2 holdingsChain of control
- Buildco
- ACEVE Belgium
Highest known parent: Buildco. The sources do not say who stands above it.
Owners 1
- Buildcoparent100%
Holdings 2
- CAFCA SOFTWAREsubsidiarySourceact 20-08-2026100%
- PUBLICAN BEsubsidiaryEquity -€409,475Result -€313,883100%
According to the 2025 annual accounts of ACEVE Belgium and those 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.
Acquisitions and mergers
2 transactionsTook over:CAFCA SOFTWARE
Took over:PUBLICAN BE
Capital and shareholders
Shareholders according to the acts
Stated in the act
act of 20-08-2026 ↗
- BUILDCO (BE 0771.923.525) all shares
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 20-08-2026 Capital stated in the act · 62,000 EUR · 150 shares
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 29,407 EUR awarded · 29,407 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 779 EUR | 779 EUR |
| 2024 | 3 | 3,026 EUR | 27,776 EUR |
| 2023 | 1 | 24,750 EUR | 0 EUR |
| 2022 | 1 | 852 EUR | 852 EUR |
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Of 16,913 companies in sector 62100 we hold annual accounts for 8,786. 4,037 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
Founded17-10-2001
Fiscal year end31-12
Legal name NL
KPD SERVICES
Activities, NACEBEL 2025
62100Computer programming
46500Wholesale of information and communication equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0475885562
Registered
29-09-2026
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.