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A.C.D.

Active
Public limited companyfounded 1989active for 36 yearsPostbaan 73, 2910 Essen, BelgiumKBO/BCE: BE 0439.298.548
Summary

The computed 12-month bankruptcy probability of A.C.D. is 1.8% (moderate). The 2024 annual accounts show equity of €1.6m and a net result of €195,323. Equity is growing by about 2.7% per year across the filed financial years. Its solvency ranks better than 31% of 760 sector peers (NACE 25, financial year 2024). The company has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Manufacture of metal structures and parts of structures
NACE 25110Repair and maintenance of fabricated metal products NACE 33110
4th largest employer in Essen, Manufacturing sector1 site
Size
€11.1mturnover 2024
Staff
56 FTE
Equity
€1.6m
Profit
€195,323
Financial health
54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.8%
Structure
Parent
ACD INDUSTRIAL SERVICES · 99.95%
Auditor: FIGURAD BEDRIJFSREVISORENAccounts 81 days overdue2 of 14 deeds read
Why 54raises riskFigures for financial year 2024 (filed 10-07-2025)Liquidity: current ratio 1.16, cash €218,895Size: turnover €11.1m, 56 FTE, total assets €5.7mlowers riskFounded in 1989Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 39% of its sector peers (NACE 25, medium-sized)
Financial strength · tick = 2023
Average
Solvency 53+4
equity 27.9% of total assets
Liquidity 18+1
short-term debt 69.2% · cash 3.9%
Profitability 63+18
return on assets 3.4%
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (132 companies, NACE 25, medium-sized)
Last 24 months 11-2024: 1.3% 12-2024: 1.3%● unchanged vs 11-2024 01-2025: 1.3%● unchanged vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.3%● unchanged vs 03-2025 05-2025: 1.3%● unchanged vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 1.5%▲ +0.2 percentage points vs 06-2025 08-2025: 0.6%▼ -0.9 percentage points vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.5%▼ -0.1 percentage points vs 03-2026lowest value 05-2026: 0.6%▲ +0.1 percentage points vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 1.1%▲ +0.5 percentage points vs 07-2026 09-2026: 1.3%▲ +0.2 percentage points vs 08-2026 10-2026: 1.8%▲ +0.5 percentage points vs 09-2026highest value
Credit of up to €85,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity tight (current ratio 1.16, compared with 1.19 in 2023, below the usual 1.5; short-term debt: 69.2% and cash: 3.9% of total assets), and 72.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, medium-sized): better than 30% on solvency, 10% on liquidity, 40% on profitability and 75% on growth.

The bankruptcy probability was computed on 19-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 10-07-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.16, cash €218,895
NBB · annual accounts
lowers risk · Founded in 1989
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: turnover €11.1m, 56 FTE, total assets €5.7m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 81 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline20-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
21 days early
2023
29 days early
2022
210 days late
2021
18 days late
2020
9 days late
2019
16 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 29 days after the deadline; the sector median (NACE 25) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointment: Figurad Bedrijfsrevisoren BV (statutory auditor)Gazette deed
  2. Appointments: ACD INDUSTRIAL SERVICES (gewone bestuurder)…Permanent representatives: Early Vincent and…
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Positive: Back in profit in 2024after -€3,420 in 2023 €195,323 View
  • Caution: Accounts not fileddeadline was 31-07-2026 81 days late View
  • Positive: 4th largest employer in Essen, Manufacturing sectorin the Checked rankings No. 4 View
  • Controlled by ACD INDUSTRIAL SERVICESultimately: MECHANICAL ENGINEERING SOLUTIONS 99.95% View
  • Flemish supportawarded from 2022 to 2025 €114,817 View

By topic

Financials

Financial year
2024
Turnover
€11.1m
Profit
€195,323
Solvency
27.9%
Turnover▲ 8.2%
Net result
20182024
Go to Financials

Timeline

Events
40
Since
1991
  1. 31-12-2024Back to profit
  2. 02-07-2024Annual accounts filed
  3. 26-02-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of metal structures and parts of structuresNACE 25110
Founded
16-12-1989
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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