A - LINE
ActiveSummary
A - LINE has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €103,632 and a net result of €28,078. Equity is growing by ~46.7% per year across the filed fiscal years. Its solvency ranks better than 71% of 18626 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability89▲+2
Solvency84▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 2.36 against 2.01 in 2024; short-term debt: 41.1% and cash: 92.8% of total assets), and 41.2% of the assets are financed with debt.
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Signals
Five 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 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
58.8%
Return on assets
15.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 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 · 10 filingsDeviation from the deadline
2025
11 d late
2024
20 d late
2023
28 d late
2022
28 d late
2021
18 d late
2020
27 d late
2019
60 d late
← 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 27 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% 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. Usually files around 20 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€103,632▲ 37.2%
2024 · €75,554
Total assets
€176,105▲ 23.3%
2024 · €142,804
Net result
€28,078▲ 34.0%
2024 · €20,958
Working capital
€98,376▲ 44.7%
2024 · €68,003
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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€34,798▲ 24.0%€47,002▲ 35.1%€25,331▼ 46.1%€32,819▲ 29.6%€43,146▲ 31.5%
Net result€34,266above the sector's middle half▲ 23.8%€45,255above the sector's middle half▲ 32.1%€22,581above the sector's middle half▼ 50.1%€20,958within the sector's middle half▼ 7.2%€28,078above the sector's middle half▲ 34.0%
Equity-€13,240below the sector's middle half▲ 72.1%€32,015within the sector's middle half€54,596within the sector's middle half▲ 70.5%€75,554within the sector's middle half▲ 38.4%€103,632within the sector's middle half▲ 37.2%
Total assets€86,097within the sector's middle half▼ 19.8%€127,597within the sector's middle half▲ 48.2%€125,572within the sector's middle half▼ 1.6%€142,804within the sector's middle half▲ 13.7%€176,105within the sector's middle half▲ 23.3%
Debt€99,337▼ 35.8%€95,582▼ 3.8%€70,976▼ 25.7%€67,250▼ 5.3%€72,473▲ 7.8%
Working capital€63,898within the sector's middle half▼ 35.9%€94,889above the sector's middle half▲ 48.5%€108,701above the sector's middle half▲ 14.6%€68,003within the sector's middle half▼ 37.4%€98,376above the sector's middle half▲ 44.7%
Solvency-15.4%below the sector's middle half▲ 28.9pp25.1%within the sector's middle half▲ 40.5pp43.5%within the sector's middle half▲ 18.4pp52.9%within the sector's middle half▲ 9.4pp58.8%within the sector's middle half▲ 5.9pp
Current ratio4.31above the sector's middle half▼ 17.437.10above the sector's middle half▲ 2.7919.27above the sector's middle half▲ 12.172.01within the sector's middle half▼ 17.262.36within the sector's middle half▲ 0.35
Return on assets (ROA)39.8%above the sector's middle half▲ 14.0pp35.5%above the sector's middle half▼ 4.3pp18.0%above the sector's middle half▼ 17.5pp14.7%above the sector's middle half▼ 3.3pp15.9%above the sector's middle half▲ 1.3pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 31% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €176,105
Fixed assets
€5,307 ▼ 30.0%
Current assets
€170,798 ▲ 26.3%
Equity and liabilities €176,105
Equity
€103,632 ▲ 37.2%
Debt
€72,473 ▲ 7.8%
Debt's share of the balance-sheet total falls from 47.1% to 41.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€46,555▲
2024 · €36,163
Cash flow
€31,487▲
2024 · €24,302
Debt to equity
0.70▼
2024 · 0.89
ROE
27.1%▼
2024 · 27.7%
Interest coverage
216.70▼
2024 · 353.19
Debt ≤ 1 year
€72,421▲
2024 · €67,224
Income taxes
€14,853▲
2024 · €11,758
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 31,370 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €5,740 | €4,370 | €4,625 | - | - | - |
| Remuneration, social security and pensions62 | €103 | €106 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €2,455 | €3,344 | €3,344 | €3,410 | ▲ 2.0% |
| Other operating charges640/8 | €544 | €824 | €922 | €1,072 | €3,018 | ▲ 182% |
| Non-recurring operating charges66A | €280 | €595 | €22,813 | €255 | €121 | ▼ 52.4% |
| Gross operating margin9900 | €35,725 | €50,982 | €52,411 | €37,490 | €49,694 | ▲ 32.6% |
| Operating profit (loss)9901 | €34,798 | €47,002 | €25,331 | €32,819 | €43,146 | ▲ 31.5% |
| Financial income75/76B | €2 | €18 | €0 | - | - | - |
| Recurring financial income75 | €2 | €18 | €0 | - | - | - |
| Financial charges65/66B | €101 | €100 | €95 | €102 | €215 | ▲ 110% |
| Recurring financial charges65 | €101 | €100 | €95 | €102 | €215 | ▲ 110% |
| Profit (loss) for the period before taxes9903 | €34,699 | €46,920 | €25,237 | €32,716 | €42,931 | ▲ 31.2% |
| Income taxes67/77 | €433 | €1,665 | €2,656 | €11,758 | €14,853 | ▲ 26.3% |
| Profit (loss) for the period9904 | €34,266 | €45,255 | €22,581 | €20,958 | €28,078 | ▲ 34.0% |
| Profit (loss) for the period to be appropriated9905 | €34,266 | €45,255 | €22,581 | €20,958 | €28,078 | ▲ 34.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €86,097 | €127,597 | €125,572 | €142,804 | €176,105 | ▲ 23.3% |
| Fixed assets21/28 | €2,887 | €17,152 | €10,921 | €7,577 | €5,307 | ▼ 30.0% |
| Tangible fixed assets22/27 | - | €14,265 | €10,921 | €7,577 | €5,307 | ▼ 30.0% |
| Furniture and vehicles24 | - | €14,265 | €10,921 | €7,577 | €5,307 | ▼ 30.0% |
| Financial fixed assets28 | €2,887 | €2,887 | - | - | - | - |
| Current assets29/58 | €83,209 | €110,445 | €114,651 | €135,227 | €170,798 | ▲ 26.3% |
| Stocks and contracts in progress3 | €22,750 | €22,750 | - | - | - | - |
| Stocks30/36 | €22,750 | €22,750 | - | - | - | - |
| Amounts receivable within one year40/41 | - | €14,410 | €16,714 | €22,308 | €7,125 | ▼ 68.1% |
| Trade receivables40 | - | €14,410 | €15,370 | €20,963 | €7,125 | ▼ 66.0% |
| Other amounts receivable41 | - | - | €1,344 | €1,344 | - | - |
| Cash at bank and in hand54/58 | €60,373 | €72,469 | €97,737 | €112,730 | €163,476 | ▲ 45.0% |
| Deferred charges and accrued income490/1 | €86 | €817 | €201 | €190 | €196 | ▲ 3.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €86,097 | €127,597 | €125,572 | €142,804 | €176,105 | ▲ 23.3% |
| Equity10/15 | -€13,240 | €32,015 | €54,596 | €75,554 | €103,632 | ▲ 37.2% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €458 | €13,415 | €35,996 | €56,954 | €85,032 | ▲ 49.3% |
| Non-distributable reserves130/1 | €458 | €13,415 | €458 | €458 | - | - |
| Reserves not available under the articles1311 | €458 | €458 | €458 | €458 | - | - |
| Other1319 | - | €12,957 | - | - | - | - |
| Distributable reserves133 | - | - | €35,538 | €56,496 | €85,032 | ▲ 50.5% |
| Profit (loss) carried forward14 | -€32,298 | €0 | - | - | - | - |
| Amounts payable17/49 | €99,337 | €95,582 | €70,976 | €67,250 | €72,473 | ▲ 7.8% |
| Amounts payable after more than one year17 | €80,000 | €80,000 | €65,000 | - | - | - |
| Financial debts170/4 | €80,000 | €80,000 | €65,000 | - | - | - |
| Amounts payable within one year42/48 | €19,311 | €15,557 | €5,951 | €67,224 | €72,421 | ▲ 7.7% |
| Trade debts44 | €2,405 | €3,959 | €400 | €202 | €972 | ▲ 380% |
| Suppliers440/4 | €2,405 | €3,959 | €400 | €202 | €972 | ▲ 380% |
| Taxes, remuneration and social security45 | €1,943 | €3,270 | €2,934 | €2,633 | €7,095 | ▲ 169% |
| Taxes450/3 | €1,199 | €2,526 | €2,191 | €1,890 | €6,352 | ▲ 236% |
| Remuneration and social security454/9 | €744 | €744 | €744 | €744 | €744 | = |
| Other amounts payable47/48 | €14,963 | €8,328 | €2,617 | €64,389 | €64,354 | ▼ 0.1% |
| Accrued charges and deferred income492/3 | €26 | €26 | €26 | €26 | €51 | ▲ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €34,266 | €45,255 | €22,581 | €20,958 | €28,078 | ▲ 34.0% |
| + Depreciation and write-downs630 | - | €2,455 | €3,344 | €3,344 | €3,410 | ▲ 2.0% |
| Operating cash flow (approximation) | €34,266 | €47,711 | €25,925 | €24,302 | €31,487 | ▲ 29.6% |
| Investment in fixed assets (approximation) | - | -€16,720 | €2,887 | €0 | -€1,140 | - |
| Change in cash | - | €12,095 | €25,268 | €14,993 | €50,746 | ▲ 238% |
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
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
31-12
Financial
Equity above €100,000Eq €103,632 ▲37.2%
8 profitable years in a row build equity to €103,632.
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 19.27
Current ratio from 7.10 to 19.27; short-term debt falls from €15,557 to €5,951.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Highest result since 2018net €45,255 ▲32.1%
Operating result €47,002, net result €45,255, both a record.
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 21.73
Current ratio from 6.79 to 21.73; short-term debt falls from €11,099 to €4,805.
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
31-12
Financial
Liquidity quadruplescurrent ratio 6.79
Current ratio from 1.79 to 6.79; short-term debt falls from €31,651 to €11,099.
Show earlier events
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
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, Mouscron · 1 establishment unit since 1996
Ground area
236 m²
Building footprint
61 m²
Volume, LiDAR
512 m³
Parcel 54007B0038/00P002, Wallonia · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ALLURE
since 19962.076.308.457
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54007B0038/00P002 | Wallonia | 236 m² | 1 · 61 m² | 10.2 m · 3 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 1,035 companies in sector 47721 we hold annual accounts for 583. 455 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
Founded01-02-1996
Fiscal year end31-12
Activities, NACEBEL 2025
47721Retail sale of footwear
E-invoicing
Reachable via Peppol
Peppol ID
0208:0457241568
Also
9925:BE0457241568
Registered
23-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.