AACF
ActiveSummary
AACF has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €67k and a net result of €41k. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 55% of 130 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2026
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability100=
Solvency85▼-15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.05 against 5.15 in 2025; short-term debt: 39.8% and cash: 60.3% of total assets), and 39.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
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 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 2026Solvency, return and age of the figures
Solvency
60.1%
Return on assets
37%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 22-09-2026, 39 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2026
39 d early
2025
45 d early
2024
37 d early
2023
43 d early
2022
52 d early
2021
54 d early
2020
48 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€41k▲ 48.5%
2025 · €28k
2020: €27k
2021: €20k
2022: €12k
2023: €17k
2024: €17k
2025: €28k
2020 → 2026
Working capital
€47k▼ 20.1%
2025 · €59k
2020: €21k
2021: €44k
2022: €54k
2023: €19k
2024: €31k
2025: €59k
2020 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€59k-€21k▼ 63.7%€38k▲ 76.8%€66k▲ 73.4%€67k▲ 2.1%
Operating result€15k-€24k▲ 55.3%€20k▼ 14.2%€37k▲ 82.8%€51k▲ 38.5%
Net result€12k-€17k▲ 45.6%€17k▼ 4.3%€28k▲ 68.8%€41k▲ 48.5%
Result per fiscal year
Operating resultNet result
After the dip in 2024 the operating result has climbed two years in a row; 2026 is 38% above 2025 and is the highest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €112k
Fixed assets
€21k ▲ 183%
Current assets
€91k ▲ 25.6%
Equity and liabilities €112k
Equity
€67k ▲ 2.1%
Debt
€45k ▲ 216%
Debt's share of the balance-sheet total rises from 17.7% to 39.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€57k▲
2025 · €39k
Cash flow
€47k▲
2025 · €29k
Current ratio
2.05▼
2025 · 5.15
Debt to equity
0.66▲
2025 · 0.21
ROE
61.5%▲
2025 · 42.3%
ROA
37.0%▲
2025 · 34.8%
Interest coverage
85.67▲
2025 · 75.64
Debt ≤ 1 year
€45k▲
2025 · €14k
Income taxes
€9k▲
2025 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2026 against 2025 · 40 lines
Balance sheet
Code20252026
Assets
Total assets20/58€80k€112k▲
Fixed assets21/28€7k€21k▲
Tangible fixed assets22/27€7k€21k▲
Land and buildings22€6k€5k▼
Plant, machinery and equipment23-€1k
Furniture and vehicles24€2k€14k▲
Current assets29/58€73k€91k▲
Amounts receivable within one year40/41€11k€21k▲
Trade receivables40€8k€21k▲
Other amounts receivable41€3k-
Cash at bank and in hand54/58€60k€68k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€80k€112k▲
Equity10/15€66k€67k▲
Contributions10/11€500€500=
Profit (loss) carried forward14€65k€67k▲
Amounts payable17/49€14k€45k▲
Amounts payable within one year42/48€14k€45k▲
Trade debts44€7k€5k▼
Suppliers440/4€7k€5k▼
Taxes, remuneration and social security45€8k€9k▲
Taxes450/3€8k€9k▲
Other amounts payable47/48-€31k
Accrued charges and deferred income492/3-€138
Income statement
Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€5k▲
Other operating charges640/8€148€339▲
Gross operating margin9900€39k€57k▲
Operating profit (loss)9901€37k€51k▲
Financial income75/76B€7€13▲
Recurring financial income75€7€13▲
Financial charges65/66B€510€662▲
Recurring financial charges65€510€662▲
Profit (loss) for the period before taxes9903€37k€51k▲
Income taxes67/77€9k€9k▲
Profit (loss) for the period9904€28k€41k▲
Profit (loss) for the period to be appropriated9905€28k€41k▲
Appropriation of the result
Profit (loss) to be appropriated9906€65k€107k▲
Profit (loss) brought forward from the previous period14P€38k€65k▲
Profit to be distributed694/7-€40k
Return on contributions (dividend)694-€40k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
22-09
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
31-03
Financial
Highest result since 2020net €41k ▲48.5%
Operating result €51k, net result €41k, both a record.
2025
16-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
31-03
Financial
Liquidity doublescurrent ratio 2.74
Current ratio from 1.27 to 2.74; short-term debt falls from €68k to €18k.
2023
18-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
09-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Weakest financial yearnet €12k ▼41%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
2021
07-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
31-03
Financial
Liquidity doublescurrent ratio 5.39
Current ratio from 2.57 to 5.39; short-term debt falls from €13k to €10k.
2020
13-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Gesves · 1 establishment unit since 2019
Ground area
1,465 m²
Building footprint
212 m²
Parcel 92042D0454/00A005, Wallonia. Linked by address, not a title deed.
1 establishment unit
AACF
since 20192.289.793.480
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92042D0454/00A005 | Wallonia | 1,465 m² | 1 · 212 m² | - |
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.
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Of 11,546 companies in sector 71121 we hold annual accounts for 6,561. 5,101 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-06-2019
Fiscal year end31-03
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
41003General construction of other non-residential buildings
43211General electrical installation work
43212Electrical installation work in industrial facilities
43910Bricklaying and masonry work
74201Photography, excluding press photography
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@aacf.be
Phone:+32474757625