ACCEDE
Bankruptcy closedInactive since 23-06-2026; last annual accounts for fiscal year 2021.
Summary
ACCEDE was declared bankrupt on 11-06-2024 (Ondernemingsrechtbank Antwerpen, afdeling Turnhout); the bankruptcy was closed for insufficient assets by judgment of 23-06-2026, published in the Belgian State Gazette on 29-06-2026.
Signals
1 signal.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2021, abbreviated schema
Turnover
€3.38M▲ 1,190%
2019 · €262k
2018: €11.74M
2019: €262k
2018 → 2020
EBIT margin
-27.9%▲ 1066.9pp
2019 · -1094.9%
2018: 33.1%
2019: -1094.9%
2018 → 2020
Net result
€189k
2020 · €-1.03M
2018: €671k
2019: €-2.92M
2020: €-1.03M
2018 → 2021
Working capital
€307k
2020 · €-438k
2018: €2.97M
2019: €393k
2020: €-438k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Turnover€11.74M-€262k▼ 97.8%€3.38M▲ 1,190%
Equity€4.34M-€1.43M▼ 67.1%€395k▼ 72.4%€583k▲ 47.8%
Operating result€3.88M-€-2.87M€-943k▲ 67.1%€368k
Net result€671k-€-2.92M€-1.03M▲ 64.6%€189k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €368k after a loss of €943k in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €7.77M
Fixed assets
€705k ▼ 43.4%
Current assets
€7.06M ▲ 12.1%
Equity and liabilities €7.77M
Equity
€583k ▲ 47.8%
Debt
€7.18M ▲ 0.5%
Debt's share of the balance-sheet total falls from 94.8% to 92.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€481k▲
2020 · €-730k
Cash flow
€301k▲
2020 · €-820k
Current ratio
1.05▲
2020 · 0.94
Quick ratio
0.58▼
2020 · 0.94
Debt to equity
12.31▼
2020 · 18.11
ROE
32.3%▲
2020 · -261.7%
ROA
2.4%▲
2020 · -13.7%
Interest coverage
2.27▲
2020 · -75.41
Debt ≤ 1 year
€6.75M▲
2020 · €6.73M
Debt > 1 year
€367k▼
2020 · €414k
Income taxes
€27k▲
2020 · €23k
Staff costs
€41k▼
2020 · €66k
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 · 2021 against 2020 · 78 lines
Balance sheet
Code20202021
Assets
Total assets20/58€7.54M€7.77M▲
Fixed assets21/28€1.25M€705k▼
Tangible fixed assets22/27€1.24M€700k▼
Land and buildings22€1.03M€534k▼
Plant, machinery and equipment23€193k€84k▼
Furniture and vehicles24€20k€82k▲
Financial fixed assets28€3k€6k▲
Affiliated companies280/1€3k-
Participating interests280€3k-
Current assets29/58€6.30M€7.06M▲
Stocks and contracts in progress3-€3.17M
Contracts in progress37-€3.17M
Amounts receivable within one year40/41€4.50M€2.50M▼
Trade receivables40€4.26M€2.22M▼
Other amounts receivable41€243k€280k▲
Current investments50/53-€674k
Cash at bank and in hand54/58€1.68M€615k▼
Deferred charges and accrued income490/1€113k€108k▼
Equity and liabilities
Total equity and liabilities10/49€7.54M€7.77M▲
Equity10/15€395k€583k▲
Contributions10/11€209k€209k=
Reserves13€771k€771k=
Non-distributable reserves130/1€22k€22k=
Reserves not available under the articles1311€22k€22k=
Tax-exempt reserves132€749k€749k=
Profit (loss) carried forward14€-585k€-396k▲
Amounts payable17/49€7.15M€7.18M▲
Amounts payable after more than one year17€414k€367k▼
Financial debts170/4€414k€367k▼
Credit institutions173€414k-
Amounts payable within one year42/48€6.73M€6.75M▲
Current portion of amounts payable after more than one year42€331k€48k▼
Financial debts43€8k€76▼
Credit institutions430/8€8k€76▼
Trade debts44€3.35M€2.73M▼
Suppliers440/4€3.35M€666k▼
Bills of exchange payable441-€2.07M
Advances received on contracts in progress46€2.47M€3.87M▲
Taxes, remuneration and social security45€543k€27k▼
Taxes450/3€501k€15k▼
Remuneration and social security454/9€41k€12k▼
Other amounts payable47/48€28k€75k▲
Accrued charges and deferred income492/3-€63k
Income statement
Code20202021
Operating income70/76A€1.29M-
Turnover70€3.38M-
Change in stocks of work in progress, finished goods and contracts in progress71€-2.33M-
Other operating income74€24k-
Non-recurring operating income76A€221k€1.15M▲
Operating charges60/66A€2.23M-
Goods for resale, raw materials and consumables60€855k-
Purchases600/8€855k-
Services and other goods61€691k-
Remuneration, social security and pensions62€66k€41k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€214k€113k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€387k€-1.75M▼
Other operating charges640/8€17k€1.77M▲
Non-recurring operating charges66A€5k€0▼
Gross operating margin9900-€537k
Operating profit (loss)9901€-943k€368k▲
Financial income75/76B€58k€60k▲
Recurring financial income75€58k€60k▲
Other financial income752/9€58k-
Financial charges65/66B€125k€212k▲
Recurring financial charges65€74k€212k▲
Debt charges650€10k-
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€1-
Other financial charges652/9€65k-
Non-recurring financial charges66B€50k€1▼
Profit (loss) for the period before taxes9903€-1.01M€216k▲
Income taxes67/77€23k€27k▲
Taxes670/3€23k-
Profit (loss) for the period9904€-1.03M€189k▲
Profit (loss) for the period to be appropriated9905€-1.03M€189k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.03M€-396k▲
Profit (loss) brought forward from the previous period14P-€-585k
Transfer from equity791/2€448k€0▼
From reserves792€448k-
Social balance
Average headcount (FTE)90873.03.0=
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
29-06
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · ACCEDE BV STEENWEG OP LEOPOLDSBURG 28/9, 2490 BALEN · event 23-06-2026
2024
18-06
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · ACCEDE BV STEENWEG OP LEOPOLDSBURG 28/9, 2490 BALEN · event 11-06-2024
2022
22-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 114 days late
27-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 331 days late
2021
31-12
Financial
Back to profitnet €189k
Net result €189k after 2 loss-making years.
31-12
Financial
Equity above €500kEq €583k ▲47.8%
Equity rises from €395k to €583k.
18-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 291 days late
2019
31-12
Financial
Weakest financial yearnet €-2.92M ▼535%
Net result drops to €-2.92M, the lowest in the series.
16-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 138 days late
2018
06-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 128 days late
2017
19-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 141 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Show earlier events
2015
22-01
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
12-03
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 40 days late
2013
07-02
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 7 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
13 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, Balen
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.
Steenweg Op Leopoldsburg 282490 BalenGround area
120 m²
Building footprint
120 m²
Volume, LiDAR
744 m³
Parcel 13342C0771/00C000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13342C0771/00C000 | Flanders | 120 m² | 1 · 120 m² | 9.4 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHRISTOPHE GEUKENS LINDESTRAAT 2, 2490 BALEN- |
11-06-2024 → 23-06-2026 |
Recognitions · licences · registrations
Legal Entity Identifier
89450059U56UBNU7OY79
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Of 363 companies in sector 25210 we hold annual accounts for 281. 199 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 (pre-2019)
Founded10-12-2010
Fiscal year end31-12
Activities, NACEBEL 2025
25210Manufacture of fabricated metal products, except machinery and equipment
43341Painting of buildings
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.