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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Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ACODAK from Ternat, company number BE0879572838, closed financial year 2025 with a result of € -18,863 after tax. For that financial year ACODAK recorded a gross margin of € 814,246 and equity of € 202,408. Compared with financial year 2024, the result moved from € 12,991 to € -18,863. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.
€ 202,408
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,863
▼ still € 12,991 profit in 2024
Profit after tax over the fiscal year.
€ 134,307
▲ 183% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 183,808.
People and assets in 2025
13
▼ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 744,854
▲ 2% vs 2024
€ 57,300 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.
€ 121,155
▲ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 67,196
▲ 84% vs 2024
€ 16,953 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 23,755
▼ 81% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 34,394
▼ 12% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 534,833 | € 653,215 | € 843,109 | € 814,246 | ▼ 3% |
| Profit after taxes | € 32,712 | € -45,960 | € 12,991 | € -18,863 | ▼ € 31,854 |
| Equity | € 254,241 | € 208,281 | € 221,272 | € 202,408 | ▼ 9% |
| Total debts | € 613,467 | € 611,870 | € 595,384 | € 542,718 | ▼ 9% |
| Cash | € 79,946 | € 83,973 | € 47,417 | € 134,307 | ▲ 183% |
| Retained profit | € 235,641 | € 189,681 | € 202,672 | € 183,808 | ▼ 9% |
| Bank debt | € 97,827 | € 52,130 | € 36,548 | € 67,196 | ▲ 84% |
| Balance sheet total | € 867,708 | € 820,151 | € 816,655 | € 745,126 | ▼ 9% |
| Employees (FTE) | 9 | 12.1 | 14.6 | 13 | ▼ 1.6 |
Key figures of ACODAK, 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 ACODAK?
What happened at ACODAK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 18,863 (▼ € 31,854 vs 2024). Source: NBB ↗
- Vanderhasselt Consulting BV became a director. NBB
- New establishment in Ternat. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,712 profit in 2022 to € 18,863 loss in 2025.
Paid € 27,271 in corporate taxes since 2022.
Best year ever: 2022, with € 32,712 profit.
On average € 62,600 of value added per employee in 2025.
Management
The stake of VANDERHASSELT CONSULTING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ACODAKBehind ACODAK is Vanderhasselt Consulting BV. The shares are held by VANDERHASSELT CONSULTING (100%).
Directors
According to the 2025 annual accounts
Director · represented by Olivier Vanderhasselt
since 2016
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Notestraat 19
1742 Ternat
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0879.572.838
- VAT number
- BE 0879.572.838
- Registered office
- Notestraat 19, 1742 Ternat
- Names & denominations
- ACODAK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 February 2006
- Peppol
- Active · Active since 31 Mar 2026
- Activities · NACE
Dakwerkzaamheden
Dakbedekking en bouw van dakconstructies
Metselwerk
Installatie van isolatie
Schilderen van gebouwen
Ontwikkeling van niet-residentiële bouwprojecten
Ontwikkeling van residentiële bouwprojecten
Isolatiewerkzaamheden
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