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A'LIES

Active
Public limited companyfounded 199134 yrs activeMuisstraat(HA) 63, 9450 Haaltert, BelgiumKBO/BCE: BE 0446.027.774
Summary

A'LIES has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €127,224 and a net result of -€3,335. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 75% of 33 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability33▼-5
Solvency99▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 2.92 against 2.62 in 2024; short-term debt: 25.9% and cash: 0.1% of total assets), and 25.9% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 34 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 51
Relative position
BE, all sectors
reference
Air transport (NACE 51)
about 10% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 d early
2024
27 d early
2023
30 d early
2022
42 d early
2021
37 d early
2020
29 d early
2019
21 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 31 days before the deadline; the sector median for financial year 2024 is 10 days before the deadline, and 35% of the sector filed late.

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 months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

A'LIES was incorporated on 9 December 1991.1 Total assets fell from EUR 282,964 in 2018 to EUR 171,734 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€127,224▼ 2.6%
2024 · €130,559
Total assets
€171,734▼ 7.8%
2024 · €186,283
Net result
-€3,335
2024 · €547
Working capital
€85,392▼ 4.4%
2024 · €89,327
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 51, Air transport, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€152▲ 93.9%€2,452€3,077▲ 25.5%€1,062▼ 65.5%-€3,243
Net result€167within the sector's middle half▼ 64.3%€1,735within the sector's middle half▲ 940%€2,599within the sector's middle half▲ 49.8%€547within the sector's middle half▼ 79.0%-€3,335within the sector's middle half
Equity€125,678within the sector's middle half▲ 0.1%€127,413above the sector's middle half▲ 1.4%€130,012above the sector's middle half▲ 2.0%€130,559within the sector's middle half▲ 0.4%€127,224within the sector's middle half▼ 2.6%
Total assets€210,314within the sector's middle half▼ 5.2%€200,513within the sector's middle half▼ 4.7%€191,257within the sector's middle half▼ 4.6%€186,283within the sector's middle half▼ 2.6%€171,734below the sector's middle half▼ 7.8%
Debt€84,636▼ 12.1%€73,100▼ 13.6%€61,245▼ 16.2%€55,725▼ 9.0%€44,510▼ 20.1%
Working capital€80,850above the sector's middle half▲ 4.1%€86,370above the sector's middle half▲ 6.8%€88,180above the sector's middle half▲ 2.1%€89,327above the sector's middle half▲ 1.3%€85,392within the sector's middle half▼ 4.4%
Solvency59.8%within the sector's middle half▲ 3.2pp63.5%within the sector's middle half▲ 3.8pp68.0%within the sector's middle half▲ 4.4pp70.1%within the sector's middle half▲ 2.1pp74.1%within the sector's middle half▲ 4.0pp
Current ratio1.96within the sector's middle half▲ 0.152.19within the sector's middle half▲ 0.242.44within the sector's middle half▲ 0.252.62within the sector's middle half▲ 0.182.92within the sector's middle half▲ 0.30
Return on assets (ROA)0.1%within the sector's middle half▼ 0.1pp0.9%within the sector's middle half▲ 0.8pp1.4%within the sector's middle half▲ 0.5pp0.3%within the sector's middle half▼ 1.1pp-1.9%below the sector's middle half▼ 2.2pp
above within below the middle half (P25 to P75) of NACE 51, Air transport, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€4,000-€2,000€0€2,000€4,000Operating result 2021: -€152-€152Net result 2021: €167€167Operating result 2022: €2,452€2,452Net result 2022: €1,735€1,735Operating result 2023: €3,077€3,077Net result 2023: €2,599€2,599Operating result 2024: €1,062€1,062Net result 2024: €547€547Operating result 2025: -€3,243-€3,243Net result 2025: -€3,335-€3,33520212022202320242025-€4,000-€2,000€0€2,000€4,000Operating result 2023: €3,077€3,080Net result 2023: €2,599€2,600Operating result 2024: €1,062€1,060Net result 2024: €547€547Operating result 2025: -€3,243-€3,240Net result 2025: -€3,335-€3,330202320242025
The operating result turns negative in 2025: a loss of €3,243 after €1,062 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €171,734
Fixed assets €41,832 =
Current assets €129,902 ▼ 10.1%
Equity and liabilities €171,734
Equity €127,224 ▼ 2.6%
Debt €44,510 ▼ 20.1%
Debt's share of the balance-sheet total falls from 29.9% to 25.9%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
Quick ratio
0.08▼
2024 · 0.22
Debt to equity
0.35▼
2024 · 0.43
ROE
-2.6%▼
2024 · 0.4%
Debt ≤ 1 year
€44,510▼
2024 · €55,125
Income taxes
€26▼
2024 · €344
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
8.5% stopped otherwise
90% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€186,283€171,734▼
Fixed assets21/28€41,832€41,832=
Tangible fixed assets22/27€41,832€41,832=
Land and buildings22€41,832€41,832=
Current assets29/58€144,451€129,902▼
Stocks and contracts in progress3€132,193€126,344▼
Stocks30/36€132,193€126,344▼
Amounts receivable within one year40/41€4,497€3,311▼
Trade receivables40€4,497€3,311▼
Cash at bank and in hand54/58€6,668€247▼
Deferred charges and accrued income490/1€1,094-
Equity and liabilities
Total equity and liabilities10/49€186,283€171,734▼
Equity10/15€130,559€127,224▼
Contributions10/11€64,452€64,452=
Capital10€64,452€64,452=
Issued capital100€64,452€64,452=
Reserves13€28,571€28,571=
Non-distributable reserves130/1€6,445€6,445=
Legal reserve130€6,445€6,445=
Tax-exempt reserves132€9,460€9,460=
Distributable reserves133€12,666€12,666=
Profit (loss) carried forward14€37,535€34,200▼
Amounts payable17/49€55,725€44,510▼
Amounts payable within one year42/48€55,125€44,510▼
Trade debts44€2,959€81▼
Suppliers440/4€2,959€81▼
Taxes, remuneration and social security45€2,627€1,231▼
Taxes450/3€2,627€1,231▼
Other amounts payable47/48€49,539€43,198▼
Accrued charges and deferred income492/3€600-
Income statement Code20242025
Other operating charges640/8€1,717€1,643▼
Gross operating margin9900€2,779-€1,599▼
Operating profit (loss)9901€1,062-€3,243▼
Financial income75/76B€1€1▲
Recurring financial income75€1€1▲
Financial charges65/66B€172€67▼
Recurring financial charges65€172€67▼
Profit (loss) for the period before taxes9903€891-€3,309▼
Income taxes67/77€344€26▼
Profit (loss) for the period9904€547-€3,335▼
Profit (loss) for the period to be appropriated9905€547-€3,335▼
Appropriation of the result
Profit (loss) to be appropriated9906€37,535€34,200▼
Profit (loss) brought forward from the previous period14P€36,988€37,535▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,996€2,996----
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€8,352-----
Other operating charges640/8€1,378€1,402€1,632€1,717€1,643▼ 4.3%
Gross operating margin9900€12,574€6,850€4,709€2,779-€1,599▼ 158%
Operating profit (loss)9901-€152€2,452€3,077€1,062-€3,243▼ 405%
Financial income75/76B--€4€1€1▲ 13.4%
Recurring financial income75--€4€1€1▲ 13.4%
Financial charges65/66B€154€90€115€172€67▼ 61.1%
Recurring financial charges65€154€90€115€172€67▼ 61.1%
Profit (loss) for the period before taxes9903-€306€2,362€2,967€891-€3,309▼ 471%
Transfer from deferred taxes780€0-----
Transfer to deferred taxes680€0-----
Income taxes67/77-€473€626€369€344€26▼ 92.4%
Profit (loss) for the period9904€167€1,735€2,599€547-€3,335▼ 710%
Profit (loss) for the period to be appropriated9905€167€1,735€2,599€547-€3,335▼ 710%
Line20212022202320242025Change
Assets
Total assets20/58€210,314€200,513€191,257€186,283€171,734▼ 7.8%
Fixed assets21/28€44,828€41,832€41,832€41,832€41,832=
Tangible fixed assets22/27€44,828€41,832€41,832€41,832€41,832=
Land and buildings22€41,832€41,832€41,832€41,832€41,832=
Furniture and vehicles24€2,996-----
Current assets29/58€165,486€158,681€149,425€144,451€129,902▼ 10.1%
Stocks and contracts in progress3€155,814€148,488€138,318€132,193€126,344▼ 4.4%
Stocks30/36€155,814€148,488€138,318€132,193€126,344▼ 4.4%
Amounts receivable within one year40/41€7,235€8,012€8,496€4,497€3,311▼ 26.4%
Trade receivables40€7,235€8,012€8,496€4,497€3,311▼ 26.4%
Cash at bank and in hand54/58€2,436€2,181€2,611€6,668€247▼ 96.3%
Deferred charges and accrued income490/1---€1,094--
Equity and liabilities
Total equity and liabilities10/49€210,314€200,513€191,257€186,283€171,734▼ 7.8%
Equity10/15€125,678€127,413€130,012€130,559€127,224▼ 2.6%
Contributions10/11€64,452€64,452€64,452€64,452€64,452=
Capital10€64,452€64,452€64,452€64,452€64,452=
Issued capital100€64,452€64,452€64,452€64,452€64,452=
Reserves13€28,571€28,571€28,571€28,571€28,571=
Non-distributable reserves130/1€6,445€6,445€6,445€6,445€6,445=
Legal reserve130€6,445€6,445€6,445€6,445€6,445=
Tax-exempt reserves132€9,460€9,460€9,460€9,460€9,460=
Distributable reserves133€12,666€12,666€12,666€12,666€12,666=
Profit (loss) carried forward14€32,654€34,390€36,988€37,535€34,200▼ 8.9%
Amounts payable17/49€84,636€73,100€61,245€55,725€44,510▼ 20.1%
Amounts payable within one year42/48€84,636€72,310€61,245€55,125€44,510▼ 19.3%
Trade debts44€7,288€2,495€226€2,959€81▼ 97.3%
Suppliers440/4€7,288€2,495€226€2,959€81▼ 97.3%
Taxes, remuneration and social security45€3,106€4,713€3,773€2,627€1,231▼ 53.1%
Taxes450/3€3,106€4,713€3,773€2,627€1,231▼ 53.1%
Other amounts payable47/48€74,242€65,102€57,247€49,539€43,198▼ 12.8%
Accrued charges and deferred income492/3-€789-€600--
Line20212022202320242025Change
Profit (loss) for the period9904€167€1,735€2,599€547-€3,335▼ 710%
+ Depreciation and write-downs630€2,996€2,996----
Operating cash flow (approximation)€3,163€4,731€2,599€547-€3,335▼ 710%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€256€430€4,057-€6,420▼ 258%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
03-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Weakest financial yearnet -€3,335
Net result drops to -€3,335, the lowest in the series.
04-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
19-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
24-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
02-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
10-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Highest result since 2018net €6,373 ▲33%
Operating result €10,745, net result €6,373, both a record.
12-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
17-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Haaltert · 1 establishment unit since 1992
seat establishment The establishment unit on the map
Ground area
1,005 m²
Parcel 41024B0039/00N000, Flanders. Linked by address, not a title deed.
1 establishment unit
A'LIES NV
Muisstraat(HA) 63, 9450 HaaltertNACE 5141005
since 19922.055.617.961
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41024B0039/00N000 Flanders 1,005 m² - -
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.

Similar companies · same sector, comparable size

Of 647 companies in sector 51410 we hold annual accounts for 538. 407 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded09-12-1991
Fiscal year end31-12
Activities, NACEBEL 2025
46411Wholesale trade
46412Wholesale of household textiles and bedding
E-invoicing
Reachable via Peppol
Peppol ID 0208:0446027774
Also 9925:BE0446027774
Registered 15-12-2025

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.