ACOTEC is a civil engineering contractor in Aalst. Public Limited, started on 28 December 1992, 1 establishment.

What is the address of ACOTEC?

The registered office of ACOTEC is located at Industrielaan 8, 9320 Aalst.

Is ACOTEC still active?

Yes. According to the CBE (29 October 2026) ACOTEC is active, legal situation “Normale toestand”, started on 28 December 1992.

Is ACOTEC registered on Peppol?

Yes, ACOTEC is registered on the Peppol network with ID 0208:0448964401.

What is the enterprise number of ACOTEC?

The enterprise number of ACOTEC is BE0448964401.

When was ACOTEC founded?

ACOTEC was founded on 28 December 1992.

Who are the directors of ACOTEC?

According to the 2025 annual accounts, the directors of ACOTEC are: ADOXA BV, Belbridge BV, Partners in Coating NV.

Is ACOTEC a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 28 December 1992; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did ACOTEC make in 2025?

ACOTEC posted a profit after taxes of € 92,687 in financial year 2025.

What is the revenue of ACOTEC?

In its most recent annual accounts (2025), ACOTEC reported revenue of € 9,175,502.

How much does an employee at ACOTEC earn?

The average wage cost per full-time employee at ACOTEC was € 76,200 in 2025: staff costs of € 1.8 million for 23.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does ACOTEC have?

According to the 2025 annual accounts, ACOTEC has 23.5 full-time equivalents (FTE).

ACOTEC (Public Limited) - Aalst - BE0448964401

Dossier ACOTEC, printed on 29 October 2026 from databakkes.be/en/0448964401/acotec. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Shrinking team NBB

FTE fell two years in a row, from 27.3 to 23.5.

Financials

Financial year 2025

ACOTEC from Aalst, company number BE0448964401, closed financial year 2025 with a result of € 92,687 after tax. For that financial year ACOTEC recorded revenue of € 9.2 million and equity of € 5.3 million. Compared with financial year 2024, the result moved from € -104,420 to € 92,687. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.

What it is worth Growing

€ 5.3 million

▲ 2% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 92,687

▲ still € 104,420 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 9,057

▼ 95% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 5.2 million.

People and assets in 2025

Full-time equivalents

23.5

▼ 2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 3.6 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 1.8 million

▲ 8% vs 2024

€ 76,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 2,082

▼ 10% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 4.3 million

▲ 15% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 669,798

▼ 10% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 35 days on average.

Taxes and wages

€ 388,241

▼ 25% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 7,108,718 Revenue 2022: € 7,108,718 First fiscal year in the series	€ 8,631,654 Revenue 2023: € 8,631,654 ▲ 21% vs 2022 (€ 7,108,718) Favourable step	€ 8,118,256 Revenue 2024: € 8,118,256 ▼ 6% vs 2023 (€ 8,631,654) Unfavourable step	€ 9,175,502 Revenue 2025: € 9,175,502 ▲ 13% vs 2024 (€ 8,118,256) Favourable step	▲ 13%
Profit after taxes	€ -1,321,712 Profit after taxes 2022: € -1,321,712 First fiscal year in the series	€ 574,641 Profit after taxes 2023: € 574,641 ▲ € 1.9 million vs 2022 (€ -1,321,712) Favourable step	€ -104,420 Profit after taxes 2024: € -104,420 ▼ € 679,061 vs 2023 (€ 574,641) Unfavourable step	€ 92,687 Profit after taxes 2025: € 92,687 ▲ € 197,107 vs 2024 (€ -104,420) Favourable step	▲ € 197,107
Equity	€ 4,724,666 Equity 2022: € 4,724,666 First fiscal year in the series	€ 5,299,307 Equity 2023: € 5,299,307 ▲ 12% vs 2022 (€ 4,724,666) Favourable step	€ 5,194,887 Equity 2024: € 5,194,887 ▼ 2% vs 2023 (€ 5,299,307) Unfavourable step	€ 5,287,574 Equity 2025: € 5,287,574 ▲ 2% vs 2024 (€ 5,194,887) Favourable step	▲ 2%
Total debts	€ 5,234,733 Total debts 2022: € 5,234,733 First fiscal year in the series	€ 5,820,621 Total debts 2023: € 5,820,621 ▲ 11% vs 2022 (€ 5,234,733) Unfavourable step	€ 5,784,978 Total debts 2024: € 5,784,978 ▼ 1% vs 2023 (€ 5,820,621) Favourable step	€ 6,436,946 Total debts 2025: € 6,436,946 ▲ 11% vs 2024 (€ 5,784,978) Unfavourable step	▲ 11%
Cash	€ 876,583 Cash 2022: € 876,583 First fiscal year in the series	€ 245,128 Cash 2023: € 245,128 ▼ 72% vs 2022 (€ 876,583) Unfavourable step	€ 181,402 Cash 2024: € 181,402 ▼ 26% vs 2023 (€ 245,128) Unfavourable step	€ 9,057 Cash 2025: € 9,057 ▼ 95% vs 2024 (€ 181,402) Unfavourable step	▼ 95%
Land & buildings	€ 121,137 Land & buildings 2022: € 121,137 First fiscal year in the series	€ 150,265 Land & buildings 2023: € 150,265 ▲ 24% vs 2022 (€ 121,137) Unchanged	€ 166,725 Land & buildings 2024: € 166,725 ▲ 11% vs 2023 (€ 150,265) Unchanged	€ 137,655 Land & buildings 2025: € 137,655 ▼ 17% vs 2024 (€ 166,725) Unchanged	▼ 17%
Retained profit	€ 4,612,308 Retained profit 2022: € 4,612,308 First fiscal year in the series	€ 5,186,949 Retained profit 2023: € 5,186,949 ▲ 12% vs 2022 (€ 4,612,308) Favourable step	€ 5,082,529 Retained profit 2024: € 5,082,529 ▼ 2% vs 2023 (€ 5,186,949) Unfavourable step	€ 5,175,217 Retained profit 2025: € 5,175,217 ▲ 2% vs 2024 (€ 5,082,529) Favourable step	▲ 2%
Bank debt	€ 3,646,000 Bank debt 2022: € 3,646,000 First fiscal year in the series	€ 3,712,110 Bank debt 2023: € 3,712,110 ▲ 2% vs 2022 (€ 3,646,000) Unfavourable step	€ 3,737,110 Bank debt 2024: € 3,737,110 ▲ 1% vs 2023 (€ 3,712,110) Unfavourable step	€ 4,284,640 Bank debt 2025: € 4,284,640 ▲ 15% vs 2024 (€ 3,737,110) Unfavourable step	▲ 15%
Balance sheet total	€ 10,050,399 Balance sheet total 2022: € 10,050,399 First fiscal year in the series	€ 11,119,927 Balance sheet total 2023: € 11,119,927 ▲ 11% vs 2022 (€ 10,050,399) Unchanged	€ 10,979,865 Balance sheet total 2024: € 10,979,865 ▼ 1% vs 2023 (€ 11,119,927) Unchanged	€ 11,724,520 Balance sheet total 2025: € 11,724,520 ▲ 7% vs 2024 (€ 10,979,865) Unchanged	▲ 7%
Employees (FTE)	29 Employees (FTE) 2022: 29 First fiscal year in the series	27.3 Employees (FTE) 2023: 27.3 ▼ 1.7 vs 2022 (29) Unchanged	25.5 Employees (FTE) 2024: 25.5 ▼ 1.8 vs 2023 (27.3) Unchanged	23.5 Employees (FTE) 2025: 23.5 ▼ 2 vs 2024 (25.5) Unchanged	▼ 2

Key figures of ACOTEC, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to ACOTEC?

What happened at ACOTEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2031 ADOXA BV stepped down as director. NBB
2031 Belbridge BV stepped down as director. NBB
2031 Partners in Coating NV stepped down as director. NBB
Sep 30, 2026 New annual accounts for financial year 2025: profit of € 92,687. filed late Source: NBB ↗
2025 ADOXA BV became a director. NBB
2025 Belbridge BV became a director. NBB
2025 Partners in Coating NV became a director. NBB
Jan 14, 1993 New establishment in Aalst. KBO

In short

From € 1.3 million loss in 2022 to € 92,687 profit in 2025.

Paid € 17,554 in corporate taxes since 2022.

Best year ever: 2023, with € 574,641 profit.

Pays suppliers within 35 days on average.

Original PDFs at the National Bank ↗

Management

AZOLLA 99.9%

Partners in Coating 0.1%

The stake of AZOLLA, Partners in Coating comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

ACOTEC

The shares are held by AZOLLA (99.9%) and Partners in Coating (0.1%).

Directors

According to the 2025 annual accounts

ADOXA BV

Director · represented by Christiaan De Meerleer

Also active at: E-car Lease, Partners in Coating

since 2025 · until 2031

Belbridge BV

Director · represented by Wim Schalley

Also active at: Partners in Coating, BLUECAP HOLDING

since 2025 · until 2031

Partners in Coating NV

Managing director · represented by Wim Schalley

Also active at: AZOLLA

since 2025 · until 2031

Shareholders

AZOLLA

99.9%

Partners in Coating

0.1%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Industrielaan 8

9320 Aalst

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

AZOLLA same network

€ 617,075 revenue · 2025

ALBARR COATING SOLUTIONS

€ 0 gross margin · 2025

BELBRIDGE same network

€ 18,583 gross margin · 2025

Partners in Coating same network

€ 976,000 revenue · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0448.964.401

VAT number

BE 0448.964.401

Registered office

Industrielaan 8, 9320 Aalst

Names & denominations

ACOTEC

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

28 December 1992

Peppol

Active · Active since 29 Sept 2025

Activities · NACE

Waterbouw, muv baggerwerken

Overige waterbouw

Vervaardiging van verf, vernis ed, drukinkt en mastiek

View on CBE Public ↗ Annual accounts (NBB) ↗

ACOTEC

Warning lights

Financials

What happened to ACOTEC?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions