Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ACG Rietveld from Merelbeke-Melle, company number BE0508523488, closed financial year 2025 with a result of € -971,706 after tax. For that financial year ACG Rietveld recorded a gross margin of € 76,349 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € -92,111 to € -971,706. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.
€ 1.1 million
▼ 48% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -971,706
▼ 955 % more loss than in 2024
Profit after tax over the fiscal year.
€ 49,899
▼ 82% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 857,260.
Debts at end 2025
€ 20 million
▲ € 15.1 million vs 2024
Loans from banks and other lenders, long and short.
€ 69,790
▲ € 59,807 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 56,223
▼ 39% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 384,723 | € 434,920 | € 195,896 | € 76,349 | ▼ 61% |
| Profit after taxes | € 167,128 | € 218,313 | € -92,111 | € -971,706 | ▼ € 879,595 |
| Equity | € 1,909,811 | € 2,128,123 | € 2,036,012 | € 1,064,305 | ▼ 48% |
| Total debts | € 117,308 | € 113,791 | € 7,327,144 | € 23,060,510 | ▲ 215% |
| Cash | € 288,741 | € 565,947 | € 272,507 | € 49,899 | ▼ 82% |
| Land & buildings | € 1,099,419 | € 1,662,816 | € 8,981,779 | € 23,974,608 | ▲ 167% |
| Retained profit | € 1,702,765 | € 1,921,078 | € 1,828,966 | € 857,260 | ▼ 53% |
| Dividend | € 100,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 0 | € 0 | € 4,815,860 | € 19,952,886 | ▲ € 15.1 million |
| Balance sheet total | € 2,027,118 | € 2,241,914 | € 9,363,156 | € 24,124,816 | ▲ 158% |
Key figures of ACG Rietveld, 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 ACG Rietveld?
What happened at ACG Rietveld in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 971,707. Source: NBB ↗
- Rietveld Coördinatie BV became a director. NBB
- Liesbeth Tielemans became a director. NBB
- Oostinvest BV became a director. NBB
- Tom De Bruyckere became a director. NBB
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
In short
From € 167,128 profit in 2022 to € 971,707 loss in 2025.
Paid € 129,260 in corporate taxes since 2022.
Best year ever: 2023, with € 218,313 profit.
Paid out € 100,000 in dividends to the owners in total.
Management
The stake of ACG Groep, Rietveld Holding, ACG Car comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ACG RietveldBehind ACG Rietveld are Rietveld Coördinatie BV, Tom De Bruyckere, Liesbeth Tielemans and Oostinvest BV. The shares are held by ACG Groep (50%), Rietveld Holding (50%) and ACG Car (50%).
Directors
According to the 2025 annual accounts
Director · represented by Peter Moerman
Also active at: Rietveld Bouwkunst, RIETVELD CLASSICS, Rietveld Holding, Rietveld Services, RIETVELD BOUWPROJECTEN, RIETVELD LIVING
since 2024
Tom De Bruyckere
Director
Also active at: ACG JLR, Automobielbedrijf Charels, ACG Carrosserie, AUTOMOBIEL CENTER GENT, SENECA, VAN SCHOUBROEK MOTORS, ACG Deinze, ACG Maserati Brussels +6 more
since 2013
Liesbeth Tielemans
Director
Also active at: ICT Talents, Engi Talents, BELGIUM TECHNICAL SUPPORT, NHV Group, HOUSE OF TALENTS, MIDES SHARED SERVICES, SOROMA, Engi Talents +10 more
since 2024
Director · represented by Thomas Moerman
Also active at: Rietveld Bouwkunst, RIETVELD CLASSICS, Rietveld Holding, Rietveld Services, RIETVELD BOUWPROJECTEN, RIETVELD LIVING
since 2024
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Fraterstraat 119
9820 Merelbeke-Melle
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →ACG JLR same network
€ 55.7 million revenue · 2025
ACG Real Estate
€ 463,033 gross margin · 2025
ACG GROEP
ACG Groep same network
€ 621,455 revenue · 2025
Arjulo same network
€ 396,563 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0508.523.488
- VAT number
- BE 0508.523.488
- Registered office
- Fraterstraat 119, 9820 Merelbeke-Melle
- Names & denominations
- ACG Rietveld
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 December 2012
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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