Financials
- Fiscal year
- 2025
- Turnover
- €94.1m
- Profit
- €2.0m
- Solvency
- 26.6%
Turnover▼ 5.4%
Net result
20182025
ACLAGRO
ActiveSummary
ACLAGRO has been active since 1975 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11.3m and a net result of €2.0m. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 28% of 2401 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
Demolition
NACE 43110Site preparation NACE 43120NACE 45111
#4 employer in Ghent, Construction sector4 sites
Size
€94.1mturnover 2025
- Staff
- 285.3 FTE
- Equity
- €11.3m
- Profit
- €2.0m
Structure
- Parent
- Square Group · 100%
- Board
- 3 members
- Holdings
- 1
Auditor: Ernst et Young Reviseurs d'EntreprisesAccounts 112 d early
Why 87- Sector Specialised construction activities (NACE 43)- Liquidity: current ratio 1.14, cash €3.0m+ Size: turnover €94.1m, 285.3 FTE, total assets €42.6m+ Activity since 2012 (contributed into the company of 1975)Show the evidence
Checked score
Score 2025
87
/ 100
Excellent
Probability in this band: under 0.55%
Better than 36% of its sector peers (NACE 43, large)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency
52+7
equity 26.6% of total assets
Liquidity
21+8
short-term debt 70.8% · cash 7.1%
Profitability
62+20
return on assets 4.7%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.8%highest value
12-2024: 0.8%● 0.0% vs 11-2024highest value
01-2025: 0.8%● 0.0% vs 12-2024highest value
02-2025: 0.8%▼ -3.5% vs 01-2025
03-2025: 0.8%● 0.0% vs 02-2025
04-2025: 0.8%▲ +1.9% vs 03-2025
05-2025: 0.7%▼ -14.6% vs 04-2025
06-2025: 0.7%● 0.0% vs 05-2025
07-2025: 0.7%● 0.0% vs 06-2025
08-2025: 0.7%● 0.0% vs 07-2025
09-2025: 0.7%● 0.0% vs 08-2025
10-2025: 0.7%● 0.0% vs 09-2025
11-2025: 0.7%● 0.0% vs 10-2025
12-2025: 0.7%● 0.0% vs 11-2025
01-2026: 0.7%● 0.0% vs 12-2025
02-2026: 0.6%▼ -3.5% vs 01-2026
03-2026: 0.6%● 0.0% vs 02-2026
04-2026: 0.6%▼ -1.4% vs 03-2026
05-2026: 0.2%▼ -70.2% vs 04-2026lowest value
06-2026: 0.2%● 0.0% vs 05-2026lowest value
07-2026: 0.2%● 0.0% vs 06-2026lowest value
08-2026: 0.2%● 0.0% vs 07-2026lowest value
09-2026: 0.2%● 0.0% vs 08-2026lowest value
10-2026: 0.2%● 0.0% vs 09-2026lowest value
- Size: turnover €94.1m, 285.3 FTE, total assets €42.6m lowers the probability for this profile
- Sector Specialised construction activities (NACE 43) raises the probability
- Activity since 2012 (contributed into the company of 1975) lowers the probability for this profile
- Liquidity: current ratio 1.14, cash €3.0m raises the probability
Credit up to €950,000 at 30 days acceptable
Liquidity tight (current ratio 1.14 against 1.07 in 2024; short-term debt: 70.8% and cash: 7.1% of total assets), and 73.4% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, large). Better than this share of them on solvency 50%, liquidity 25%, profitability 31%, growth against the median 40%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €11.3m
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 10-04-2026, 112 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
112 d early
2024
113 d early
2023
97 d early
2022
105 d early
2021
96 d early
2020
60 d early
2019
36 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 88 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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. Usually files around 17 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
05-10-2026 today31-12-2026 close31-07-2027 deadline
- Reappointment: Ernst & Young Bedrijfsrevisoren (statutory…Permanent representative: Brecht Deketele
- Annual accounts filedfiscal year 2025 · full…
- Equity above €10mEq €11.3m ▲15.3%
Key points
- Positive: Result rose in 2025from €715,142 to €2.0m ▲ 181% View
- Positive: Among the best 5% on net resultsector median €41,960 · 2,401 companies €2.0m View
- Positive: Always filed on timeaccounts within the deadline every year 8 years View
- Controlled by Square Groupknown shareholders 100% 100% View
- Active since 1975founded 01-07-1975 51 years View
- Flemish supportawarded 2022 - 2025 €79,404 View
By topic
Board & ownership
- Board
- 3 members
- Parent
- Square Group · 100%
- Known shareholders
- 100%
- Auditor
- Ernst et Young Reviseurs…
Go to Board & ownership
Network & group
- Group
- LT CAPITAL & ADVICE
- Subsidiaries
- 1
- Connected companies
- 4
- Mergers and contributions
- 3
1 subsidiary
Timeline
- Events
- 39
- Since
- 2005
- Next accounts
- by 31-07-2027
- 07-05-2026Reappointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)
- 10-04-2026Annual accounts filed
- 31-12-2025Equity above €10m
Company details
- Sites
- 4
- Legal form
- Public limited company
- Activity
- DemolitionNACE 43110
- Founded
- 01-07-1975
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 1
- Purpose
- Het storten, het recycleren, het reinigen en het opslaan van alle bouw- en slooppuin.…
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