Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
61 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
ACS from Elsene, company number BE0878886712, closed financial year 2024 with a result of € 1,906 after tax. For that financial year ACS recorded a gross margin of € 8,517 and equity of € -84,824. Compared with financial year 2023, the result moved from € -41,328 to € 1,906. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 20, 2025.
€ -84,824
▲ € 1,906 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,906
▲ still € 41,328 loss in 2023
Profit after tax over the fiscal year.
€ 5,779
▲ 121% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -91,024.
People and assets in 2024
€ 5,322
▲ € 4,185 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 120,178
▼ 32% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 21,893
▲ 56% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 30,988 | € 12,523 | € -17,048 | € 8,517 | ▲ € 25,565 |
| Profit after taxes | € 14,988 | € -24,270 | € -41,328 | € 1,906 | ▲ € 43,234 |
| Equity | € -21,132 | € -45,402 | € -86,730 | € -84,824 | ▲ € 1,906 |
| Total debts | € 129,049 | € 161,509 | € 193,689 | € 145,893 | ▼ 25% |
| Cash | € 2,527 | € 14,644 | € 2,612 | € 5,779 | ▲ 121% |
| Retained profit | € -27,332 | € -51,602 | € -92,930 | € -91,024 | ▲ € 1,906 |
| Bank debt | € 22,980 | € 20,392 | € 0 | € 0 | |
| Balance sheet total | € 107,916 | € 116,107 | € 106,959 | € 61,069 | ▼ 43% |
Key figures of ACS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to ACS?
What happened at ACS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 1,906. filed late Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,988 profit in 2021 to € 1,906 profit in 2024.
Best year ever: 2021, with € 14,988 profit.
Establishments
Establishment units
Physical locations of this company
Borrensstraat 51
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 61 companies are registered at this address.
All companies at this address →Belgian Company for Creation, Design and Diffusion
€ 340,238 revenue · 2020
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€ 18 million revenue · 2025
LES AMIS DE HERGE
SG Electro
€ 7,410 gross margin · 2025
JE T'AIME
€ 7,972 gross margin · 2025
+56 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
- 0878.886.712
- VAT number
- BE 0878.886.712
- Registered office
- Borrensstraat 51, 1050 Elsene
- Names & denominations
- ACS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 January 2006
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg
Overige gespecialiseerde wetenschappelijke en technische activiteiten
Beroepsopleiding
Groothandel in werkkleding