Financials
Financial year 2025
A.C.N. from Izegem, company number BE0829935166, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year A.C.N. recorded revenue of € 63.9 million and equity of € 9.1 million. Compared with financial year 2024, the result moved from € 2.5 million to € 1.1 million. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 11, 2026.
€ 9.1 million
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.1 million
▼ 55% vs 2024
Profit after tax over the fiscal year.
€ 1 million
▼ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 8.7 million.
People and assets in 2025
77.7
▼ 2.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5.6 million
€ 71,700 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.
€ 647,795
▼ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6.8 million
▼ 9% vs 2024
€ 703,054 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 10.3 million
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 68 days on average.
€ 1.6 million
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 42,664,731 | € 55,057,872 | € 63,562,708 | € 63,906,058 | ▲ 1% |
| Profit after taxes | € 498,984 | € 2,043,244 | € 2,522,174 | € 1,128,266 | ▼ 55% |
| Equity | € 3,363,892 | € 5,407,135 | € 7,929,310 | € 9,057,576 | ▲ 14% |
| Total debts | € 26,929,483 | € 38,083,697 | € 38,944,344 | € 35,747,437 | ▼ 8% |
| Cash | € 1,975,769 | € 786,283 | € 2,313,387 | € 1,022,889 | ▼ 56% |
| Land & buildings | - | - | € 15,201,940 | € 14,379,261 | ▼ 5% |
| Retained profit | € 2,991,474 | € 5,034,718 | € 7,556,893 | € 8,685,159 | ▲ 15% |
| Bank debt | € 4,331,960 | € 8,024,992 | € 7,522,241 | € 6,823,160 | ▼ 9% |
| Balance sheet total | € 31,749,098 | € 45,256,667 | € 48,822,693 | € 46,744,656 | ▼ 4% |
| Employees (FTE) | 70.4 | 83 | 80.3 | 77.7 | ▼ 2.6 |
Key figures of A.C.N., 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 A.C.N.?
What happened at A.C.N. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.1 million (▼ 55% vs 2024). filed late Source: NBB ↗
- 4GC SARL naar Luxemburgs recht became a director. NBB
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 498,984 profit in 2022 to € 1.1 million profit in 2025.
Paid € 2 million in corporate taxes since 2022.
Best year ever: 2024, with € 2.5 million profit.
Pays suppliers within 68 days on average.
Management
The stake of ECHOFIN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
A.C.N.Behind A.C.N. are 4GC SARL naar Luxemburgs recht and 4CC BV. The shares are held by ECHOFIN (100%).
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Lodewijk de Raetlaan 20
8870 Izegem
Lodewijk de Raetlaan 16-18-20
8870 Izegem
Active since 1 January 2011
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0829.935.166
- VAT number
- BE 0829.935.166
- Registered office
- Lodewijk de Raetlaan 20, 8870 Izegem
- Names & denominations
- A.C.N.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 October 2010
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
Vervaardiging van kantoor- en winkelmeubelen
Activiteiten van interieurarchitecten
Installatie van industriële machines, toestellen en werktuigen
Vervaardiging van andere meubelen, neg
Vervaardiging van andere meubelen, n.e.g.