A-CON REAL ESTATE
ActiveA-CON REAL ESTATE has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €715k and a net result of €112k. Equity is growing by ~21.6% per year across the filed fiscal years. Its solvency ranks better than 51% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▼-2
Solvency57▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 1.9 against 1.74 in 2023; short-term debt: 10.8% and cash: 1.9% of total assets), but 68% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-10-2025, 74 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
not confirmed
2024
74 d late
2023
36 d early
2022
23 d late
2021
18 d early
2020
25 d late
2019
39 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€715k▲ 18.6%
2023 · €603k
2018: €103k
2019: €259k
2020: €305k
2021: €463k
2022: €470k
2023: €603k
2018 → 2024
Total assets
€2.23M▲ 16.5%
2023 · €1.92M
2018: €496k
2019: €1.42M
2020: €1.77M
2021: €1.87M
2022: €1.87M
2023: €1.92M
2018 → 2024
Net result
€112k▼ 16.2%
2023 · €134k
2018: €71k
2019: €157k
2020: €136k
2021: €203k
2022: €147k
2023: €134k
2018 → 2024
Working capital
€217k▲ 48.7%
2023 · €146k
2018: €62k
2019: €132k
2020: €53k
2021: €155k
2022: €40k
2023: €146k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€305k-€463k▲ 51.8%€470k▲ 1.5%€603k▲ 28.4%€715k▲ 18.6%
Operating result€169k-€263k▲ 55.7%€208k▼ 21.0%€184k▼ 11.7%€156k▼ 15.0%
Net result€136k-€203k▲ 49.6%€147k▼ 27.6%€134k▼ 9.0%€112k▼ 16.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 15% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.23M
Fixed assets
€1.78M▲ 12.7%
Current assets
€458k▲ 34.0%
Equity and liabilities €2.23M
Equity
€715k▲ 18.6%
Provisions
€0▼ 100%
Debt
€1.52M▲ 16.5%
The debt ratio stays at 68.0%.
Key figures and ratios
EBITDA
€248k▼
2023 · €268k
Cash flow
€204k▼
2023 · €218k
Solvency
32.0%▲
2023 · 31.5%
Current ratio
1.90▲
2023 · 1.74
Quick ratio
1.90▲
2023 · 1.74
Debt / equity
2.12▼
2023 · 2.16
ROE
15.7%▼
2023 · 22.1%
ROA
5.0%▼
2023 · 7.0%
Interest coverage
10.21▼
2023 · 14.12
Debt
€1.52M▲
2023 · €1.30M
Debt ≤ 1 year
€241k▲
2023 · €196k
Debt > 1 year
€1.28M▲
2023 · €1.10M
Income taxes
€36k▼
2023 · €40k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.92M€2.23M▲
Fixed assets21/28€1.57M€1.78M▲
Tangible fixed assets22/27€1.57M€1.78M▲
Land and buildings22€1.50M€1.73M▲
Furniture and vehicles24€71k€49k▼
Financial fixed assets28€230€230=
Current assets29/58€342k€458k▲
Amounts receivable within one year40/41€18k€115k▲
Trade receivables40€16k€81k▲
Other amounts receivable41€2k€34k▲
Current investments50/53€242k€295k▲
Cash at bank and in hand54/58€82k€42k▼
Deferred charges and accrued income490/1€0€5k▲
Equity and liabilities
Total equity and liabilities10/49€1.92M€2.23M▲
Equity10/15€603k€715k▲
Contributions10/11€25k€25k=
Reserves13€578k€690k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€29k€63k▲
Distributable reserves133€549k€627k▲
Profit (loss) carried forward14€216€295▲
Provisions and deferred taxes16€10k€0▼
Deferred taxes168€10k€0▼
Amounts payable17/49€1.30M€1.52M▲
Amounts payable after more than one year17€1.10M€1.28M▲
Financial debts170/4€1.10M€1.28M▲
Amounts payable within one year42/48€196k€241k▲
Current portion of amounts payable after more than one year42€109k€116k▲
Trade debts44€41k€101k▲
Suppliers440/4€41k€101k▲
Advances received on contracts in progress46€2k€10k▲
Taxes, remuneration and social security45€37k€7k▼
Taxes450/3€37k€7k▼
Other amounts payable47/48€6k€7k▲
Accrued charges and deferred income492/3€4k€65▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€84k€92k▲
Other operating charges640/8€12k€9k▼
Gross operating margin9900€280k€257k▼
Operating profit (loss)9901€184k€156k▼
Financial income75/76B€8k€6k▼
Recurring financial income75€8k€6k▼
Financial charges65/66B€19k€24k▲
Recurring financial charges65€19k€24k▲
Profit (loss) for the period before taxes9903€173k€138k▼
Transfer from deferred taxes780€428€10k▲
Income taxes67/77€40k€36k▼
Profit (loss) for the period9904€134k€112k▼
Transfer from tax-exempt reserves789€1k€29k▲
Transfer to tax-exempt reserves689-€63k
Profit (loss) for the period to be appropriated9905€135k€78k▼
Appropriation of the result
Profit (loss) to be appropriated9906€135k€78k▼
Profit (loss) brought forward from the previous period14P€324€216▼
Transfer from equity791/2€0-
Transfer to equity691/2€135k€78k▼
To other reserves6921€135k€78k▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
13-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 74 days late
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €500kEq €603k ▲28.4%
6 profitable years in a row build equity to €603k.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €203k ▲49.6%
Operating result €263k, net result €203k, both a record.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €200kEq €259k ▲153%
2 profitable years in a row build equity to €259k.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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-Martens-Latem · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Twee Dreven 639830 Sint-Martens-LatemGround area
1,119 m²
Building footprint
192 m²
Volume, LiDAR
987 m³
Parcel 44064B0880/00E000, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Twee Dreven 63, 9830 Sint-Martens-Latem
since 20142.233.658.293
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44064B0880/00E000 | Flanders | 1,119 m² | 1 · 192 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 324 EUR awarded · 198 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 126 EUR | 198 EUR |
| 2024 | 1 | 198 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
875500BXU7ALFH8PBC42
Similar companies · same sector, comparable size
DVEA
BE 0889.198.901
Namur · Eq €716k
ATRIUM
BE 0471.433.361
Antwerpen · Eq €715k
EMSUDIT
BE 0890.491.771
Aartselaar · Eq €714k
SAINT-HUBERT REAL ESTATE
BE 0715.752.904
Oudergem · Eq €717k
LEUGHENBOOM
BE 0465.144.692
Koekelare · Eq €713k
Of 7,321 companies in sector 68110 we hold annual accounts for 5,382. 3,475 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-06-2014
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:alex_ryck@hotmail.com
Phone:+32 477 187 547
E-mail:alesander.ryckaert@matexi.be