A & L Management
ActiveSummary
The computed 12-month bankruptcy probability of A & L Management is 3.1% (moderate). The 2025 annual accounts show negative equity (€-18k) and a net result of €-3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 6% of 27965 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability64▼-36
Solvency4▲+4
Growth58=
Track record100
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.75 against 0.4 in 2024; short-term debt: 121.2% and cash: 35.6% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-21.2%
Return on assets
-3.5%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €-18k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-09-2026, 44 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
44 d late
2024
55 d late
2023
31 d late
2022
17 d early
2021
13 d early
2020
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€44k
EBIT margin
31.0%
Net result
€-3k
2024 · €13k
2020: €-10k
2021: €-20k▼ -113% vs 2020lowest in 6 years
2022: €-5k▲ +74.1% vs 2021
2023: €-12k▼ -129% vs 2022
2024: €13k▲ +211% vs 2023highest in 6 years
2025: €-3k▼ -122% vs 2024
2020 → 2025
Working capital
€-25k▲ 8.1%
2024 · €-28k
2020: €-26k
2021: €-38k▼ -47.1% vs 2020
2022: €-36k▲ +7.1% vs 2021
2023: €-40k▼ -11.3% vs 2022lowest in 6 years
2024: €-28k▲ +30.5% vs 2023
2025: €-25k▲ +8.1% vs 2024highest in 6 years
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€44k
Equity€-11k-€-17k▼ 46.6%€-29k▼ 72.8%€-15k▲ 47.0%€-18k▼ 19.6%
2021: €-11khighest in 5 years
2022: €-17k▼ -46.6% vs 2021
2023: €-29k▼ -72.8% vs 2022lowest in 5 years
2024: €-15k▲ +47.0% vs 2023
2025: €-18k▼ -19.6% vs 2024
Operating result€-20k-€-5k▲ 74.6%€-12k▼ 132%€14k€-3k
2021: €-20klowest in 5 years
2022: €-5k▲ +74.6% vs 2021
2023: €-12k▼ -132% vs 2022
2024: €14k▲ +214% vs 2023highest in 5 years
2025: €-3k▼ -121% vs 2024
Net result€-20k-€-5k▲ 74.1%€-12k▼ 129%€13k€-3k
2021: €-20klowest in 5 years
2022: €-5k▲ +74.1% vs 2021
2023: €-12k▼ -129% vs 2022
2024: €13k▲ +211% vs 2023highest in 5 years
2025: €-3k▼ -122% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €3k after €14k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €85k
Fixed assets
€7k ▼ 41.7%
Current assets
€78k ▲ 319%
Key figures and ratios
EBITDA
€2k▼
2024 · €22k
Cash flow
€2k▼
2024 · €22k
Solvency
-21.2%▲
2024 · -48.7%
Current ratio
0.75▲
2024 · 0.40
Debt to equity
-5.71▼
2024 · -3.05
ROA
-3.5%▼
2024 · 43.1%
Interest coverage
15.96▼
2024 · 165.22
Debt
€103k▲
2024 · €46k
Debt ≤ 1 year
€103k▲
2024 · €46k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€31k€85k▲
Fixed assets21/28€12k€7k▼
Intangible fixed assets21€3k-
Tangible fixed assets22/27€9k€7k▼
Furniture and vehicles24€9k€7k▼
Current assets29/58€19k€78k▲
Amounts receivable within one year40/41€3k€47k▲
Trade receivables40€683€47k▲
Other amounts receivable41€3k-
Cash at bank and in hand54/58€15k€30k▲
Deferred charges and accrued income490/1-€415
Equity and liabilities
Total equity and liabilities10/49€31k€85k▲
Equity10/15€-15k€-18k▼
Contributions10/11€19k€19k=
Reserves13€13k€13k=
Distributable reserves133€13k€13k=
Profit (loss) carried forward14€-47k€-50k▼
Amounts payable17/49€46k€103k▲
Amounts payable within one year42/48€46k€103k▲
Trade debts44€1k€57k▲
Suppliers440/4€1k€57k▲
Taxes, remuneration and social security45-€1k
Taxes450/3-€1k
Other amounts payable47/48€45k€45k▲
Income statement
Code20242025
Turnover70€44k-
Goods, raw materials, services and sundry goods60/61€21k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€5k▼
Other operating charges640/8€556€850▲
Gross operating margin9900€23k€3k▼
Operating profit (loss)9901€14k€-3k▼
Financial charges65/66B€135€150▲
Recurring financial charges65€135€150▲
Profit (loss) for the period before taxes9903€13k€-3k▼
Profit (loss) for the period9904€13k€-3k▼
Profit (loss) for the period to be appropriated9905€13k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-34k€-50k▼
Profit (loss) brought forward from the previous period14P€-47k€-47k=
Transfer to equity691/2€13k-
To other reserves6921€13k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €44k | - | - |
| Non-recurring operating income76A | - | - | €0 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €4k | €21k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €8k | €8k | €9k | €5k | ▼ 40.5% |
| Other operating charges640/8 | - | €54 | - | €556 | €850 | ▲ 53.0% |
| Non-recurring operating charges66A | - | €2k | €0 | - | - | - |
| Gross operating margin9900 | €-12k | €5k | €-4k | €23k | €3k | ▼ 85.8% |
| Operating profit (loss)9901 | €-20k | €-5k | €-12k | €14k | €-3k | ▼ 121% |
| Financial income75/76B | - | - | €0 | - | - | - |
| Recurring financial income75 | - | - | €0 | - | - | - |
| Non-recurring financial income76B | - | - | €0 | - | - | - |
| Financial charges65/66B | €119 | €120 | €120 | €135 | €150 | ▲ 11.1% |
| Recurring financial charges65 | €119 | €120 | €120 | €135 | €150 | ▲ 11.1% |
| Non-recurring financial charges66B | - | - | €0 | - | - | - |
| Profit (loss) for the period before taxes9903 | €-20k | €-5k | €-12k | €13k | €-3k | ▼ 122% |
| Profit (loss) for the period9904 | €-20k | €-5k | €-12k | €13k | €-3k | ▼ 122% |
| Profit (loss) for the period to be appropriated9905 | €-20k | €-5k | €-12k | €13k | €-3k | ▼ 122% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €27k | €22k | €12k | €31k | €85k | ▲ 174% |
| Formation expenses20 | - | - | €0 | - | - | - |
| Fixed assets21/28 | €27k | €19k | €11k | €12k | €7k | ▼ 41.7% |
| Intangible fixed assets21 | €27k | €19k | €11k | €3k | - | - |
| Tangible fixed assets22/27 | - | - | €0 | €9k | €7k | ▼ 21.6% |
| Plant, machinery and equipment23 | - | - | €0 | - | - | - |
| Furniture and vehicles24 | - | - | €0 | €9k | €7k | ▼ 21.6% |
| Leasing and similar rights25 | - | - | €0 | - | - | - |
| Other tangible fixed assets26 | - | - | €0 | - | - | - |
| Assets under construction and advance payments27 | - | - | €0 | - | - | - |
| Current assets29/58 | €224 | €3k | €534 | €19k | €78k | ▲ 319% |
| Amounts receivable within one year40/41 | €224 | €764 | €534 | €3k | €47k | ▲ 1,342% |
| Trade receivables40 | - | - | - | €683 | €47k | ▲ 6,816% |
| Other amounts receivable41 | €224 | €764 | €534 | €3k | - | - |
| Cash at bank and in hand54/58 | - | €2k | - | €15k | €30k | ▲ 97.7% |
| Deferred charges and accrued income490/1 | - | €0 | €0 | - | €415 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €27k | €22k | €12k | €31k | €85k | ▲ 174% |
| Equity10/15 | €-11k | €-17k | €-29k | €-15k | €-18k | ▼ 19.6% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | - | - | - | €13k | €13k | = |
| Distributable reserves133 | - | - | - | €13k | €13k | = |
| Profit (loss) carried forward14 | €-30k | €-35k | €-47k | €-47k | €-50k | ▼ 6.3% |
| Amounts payable17/49 | €39k | €39k | €40k | €46k | €103k | ▲ 123% |
| Amounts payable within one year42/48 | €39k | €39k | €40k | €46k | €103k | ▲ 123% |
| Financial debts43 | - | - | €12 | - | - | - |
| Credit institutions430/8 | - | - | €12 | - | - | - |
| Trade debts44 | €119 | €76 | €108 | €1k | €57k | ▲ 4,729% |
| Suppliers440/4 | €119 | €76 | €108 | €1k | €57k | ▲ 4,729% |
| Taxes, remuneration and social security45 | - | - | - | - | €1k | - |
| Taxes450/3 | - | - | - | - | €1k | - |
| Other amounts payable47/48 | €39k | €39k | €40k | €45k | €45k | ▲ 0.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-20k | €-5k | €-12k | €13k | €-3k | ▼ 122% |
| + Depreciation and write-downs630 | €8k | €8k | €8k | €9k | €5k | ▼ 40.5% |
| Operating cash flow (approximation) | €-12k | €3k | €-4k | €22k | €2k | ▼ 89.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-10k | €0 | ▲ 100% |
| Change in cash | - | - | - | - | €15k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 44 days late
2025
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 55 days late
2024
31-12
Financial
Back to profitnet €13k
Net result €13k after 4 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kampenhout · 1 establishment unit since 2020
Ground area
771 m²
Building footprint
155 m²
Volume, LiDAR
872 m³
Parcel 23038D0677/00L006, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
A & L Management
since 20202.298.728.863
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23038D0677/00L006 | Flanders | 771 m² | 1 · 155 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,420. 3,875 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
68121Development of residential building projects
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43331Floor and wall tiling
Scores and ratios are computed by Checked and are not a credit decision.