AL 1
ActiveSummary
AL 1 has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €65,930 and a net result of €2,504. Equity is growing by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 65% of 36381 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability72▼-2
Solvency85▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 2.19 against 2.41 in 2023; short-term debt: 40.2% and cash: 14.3% of total assets), and 40.2% 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
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 →
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 · 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 2024Solvency, return and age of the figures
Solvency
59.8%
Return on assets
2.3%
Age of the figures
21 mo
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 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 d early
2024
3 d early
2023
33 d early
2022
35 d early
2021
40 d early
2020
36 d early
2019
42 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 32 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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 26 June (4 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
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
In the rankings
#3 oldest company in Lint, Construction sector
Turnover
€99,635
EBIT margin
11.9%
Net result
€2,504▼ 40.5%
2023 · €4,211
Working capital
€52,834▲ 6.4%
2023 · €49,662
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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
Line20202021202220232024
Turnover€99,635
Operating result€12,849▲ 30,493%€1,820▼ 85.8%€11,879▲ 553%€5,213▼ 56.1%€3,012▼ 42.2%
Net result€11,632within the sector's middle half€1,858within the sector's middle half▼ 84.0%€9,471within the sector's middle half▲ 410%€4,211within the sector's middle half▼ 55.5%€2,504within the sector's middle half▼ 40.5%
EBIT margin11.9%
Equity€47,886within the sector's middle half▲ 32.1%€49,744within the sector's middle half▲ 3.9%€59,214within the sector's middle half▲ 19.0%€63,426within the sector's middle half▲ 7.1%€65,930within the sector's middle half▲ 3.9%
Total assets€72,238within the sector's middle half=€74,954within the sector's middle half▲ 3.8%€90,574within the sector's middle half▲ 20.8%€98,766within the sector's middle half▲ 9.0%€110,321within the sector's middle half▲ 11.7%
Debt€24,352▼ 32.3%€25,210▲ 3.5%€31,359▲ 24.4%€35,341▲ 12.7%€44,392▲ 25.6%
Working capital€18,501within the sector's middle half▲ 207%€45,126within the sector's middle half▲ 144%€54,474within the sector's middle half▲ 20.7%€49,662within the sector's middle half▼ 8.8%€52,834within the sector's middle half▲ 6.4%
Solvency66.3%above the sector's middle half▲ 16.1pp66.4%above the sector's middle half▲ 0.1pp65.4%within the sector's middle half▼ 1.0pp64.2%within the sector's middle half▼ 1.2pp59.8%within the sector's middle half▼ 4.5pp
Current ratio2.09within the sector's middle half▲ 0.782.79within the sector's middle half▲ 0.702.74within the sector's middle half▼ 0.052.41within the sector's middle half▼ 0.332.19within the sector's middle half▼ 0.22
Return on assets (ROA)16.1%within the sector's middle half▲ 17.1pp2.5%within the sector's middle half▼ 13.6pp10.5%within the sector's middle half▲ 8.0pp4.3%within the sector's middle half▼ 6.2pp2.3%within the sector's middle half▼ 2.0pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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
The operating result has fallen two years in a row; 2024 is 42% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €110,321
Fixed assets
€13,096 ▼ 4.9%
Current assets
€97,226 ▲ 14.4%
Equity and liabilities €110,321
Equity
€65,930 ▲ 3.9%
Debt
€44,392 ▲ 25.6%
Debt's share of the balance-sheet total rises from 35.8% to 40.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€7,901▼
2023 · €9,072
Cash flow
€7,393▼
2023 · €8,070
Debt to equity
0.67▲
2023 · 0.56
ROE
3.8%▼
2023 · 6.6%
Interest coverage
27.17▲
2023 · 15.22
Debt ≤ 1 year
€44,392▲
2023 · €35,341
Income taxes
€1,625▼
2023 · €1,929
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,039 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% 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 17,039 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €99,635 | - | - | - |
| Non-recurring operating income76A | - | €24,432 | - | - | €215 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €94,936 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,586 | €4,382 | €2,147 | €3,859 | €4,889 | ▲ 26.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €5,999 | -€5,999 | - | - | - |
| Other operating charges640/8 | - | €1,096 | €1,211 | €1,217 | €1,413 | ▲ 16.1% |
| Gross operating margin9900 | €24,684 | €13,297 | €9,239 | €10,289 | €9,314 | ▼ 9.5% |
| Operating profit (loss)9901 | €12,849 | €1,820 | €11,879 | €5,213 | €3,012 | ▼ 42.2% |
| Financial income75/76B | - | €933 | €1,514 | €1,523 | €1,407 | ▼ 7.6% |
| Recurring financial income75 | €43 | €933 | €1,514 | €1,523 | €1,407 | ▼ 7.6% |
| Financial charges65/66B | - | €594 | €401 | €596 | €291 | ▼ 51.2% |
| Recurring financial charges65 | €901 | €594 | €401 | €596 | €291 | ▼ 51.2% |
| Profit (loss) for the period before taxes9903 | €11,991 | €2,159 | €12,993 | €6,140 | €4,129 | ▼ 32.8% |
| Income taxes67/77 | €359 | €301 | €3,522 | €1,929 | €1,625 | ▼ 15.8% |
| Profit (loss) for the period9904 | €11,632 | €1,858 | €9,471 | €4,211 | €2,504 | ▼ 40.5% |
| Profit (loss) for the period to be appropriated9905 | €11,632 | €1,858 | €9,471 | €4,211 | €2,504 | ▼ 40.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €72,238 | €74,954 | €90,574 | €98,766 | €110,321 | ▲ 11.7% |
| Fixed assets21/28 | €36,699 | €4,618 | €4,740 | €13,764 | €13,096 | ▼ 4.9% |
| Tangible fixed assets22/27 | €36,699 | €4,618 | €4,740 | €13,764 | €13,096 | ▼ 4.9% |
| Plant, machinery and equipment23 | - | €3,905 | €3,425 | €1,790 | €1,959 | ▲ 9.5% |
| Furniture and vehicles24 | - | €713 | €1,316 | €7,019 | €4,639 | ▼ 33.9% |
| Other tangible fixed assets26 | - | - | - | €4,955 | €6,498 | ▲ 31.1% |
| Current assets29/58 | €35,539 | €70,336 | €85,833 | €85,002 | €97,226 | ▲ 14.4% |
| Amounts receivable after more than one year29 | - | €56,313 | €53,903 | €51,430 | €48,891 | ▼ 4.9% |
| Other amounts receivable291 | - | €56,313 | €53,903 | €51,430 | €48,891 | ▼ 4.9% |
| Amounts receivable within one year40/41 | €8,242 | €11,782 | €17,105 | €14,795 | €18,280 | ▲ 23.6% |
| Trade receivables40 | - | €9,203 | €12,270 | €8,822 | €12,085 | ▲ 37.0% |
| Other amounts receivable41 | - | €2,579 | €4,834 | €5,973 | €6,194 | ▲ 3.7% |
| Cash at bank and in hand54/58 | €27,297 | €2,143 | €14,724 | €17,307 | €15,745 | ▼ 9.0% |
| Deferred charges and accrued income490/1 | - | €98 | €102 | €1,470 | €14,310 | ▲ 873% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €72,238 | €74,954 | €90,574 | €98,766 | €110,321 | ▲ 11.7% |
| Equity10/15 | €47,886 | €49,744 | €59,214 | €63,426 | €65,930 | ▲ 3.9% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €29,285 | €31,135 | €40,585 | €44,785 | €47,285 | ▲ 5.6% |
| Distributable reserves133 | - | €31,135 | €40,585 | €44,785 | €47,285 | ▲ 5.6% |
| Profit (loss) carried forward14 | €1 | €9 | €29 | €41 | €45 | ▲ 9.8% |
| Amounts payable17/49 | €24,352 | €25,210 | €31,359 | €35,341 | €44,392 | ▲ 25.6% |
| Amounts payable after more than one year17 | €7,314 | - | - | - | - | - |
| Amounts payable within one year42/48 | €17,038 | €25,210 | €31,359 | €35,341 | €44,392 | ▲ 25.6% |
| Current portion of amounts payable after more than one year42 | - | €7,314 | - | - | - | - |
| Trade debts44 | €2,285 | €4,356 | €5,596 | €915 | €845 | ▼ 7.7% |
| Suppliers440/4 | - | €4,356 | €5,596 | €915 | €845 | ▼ 7.7% |
| Taxes, remuneration and social security45 | - | €3,225 | €6,323 | €10,437 | €9,020 | ▼ 13.6% |
| Taxes450/3 | - | €3,225 | €6,323 | €10,437 | €9,020 | ▼ 13.6% |
| Other amounts payable47/48 | - | €10,315 | €19,440 | €23,988 | €34,527 | ▲ 43.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,632 | €1,858 | €9,471 | €4,211 | €2,504 | ▼ 40.5% |
| + Depreciation and write-downs630 | €10,586 | €4,382 | €2,147 | €3,859 | €4,889 | ▲ 26.7% |
| Operating cash flow (approximation) | €22,218 | €6,240 | €11,617 | €8,070 | €7,393 | ▼ 8.4% |
| Investment in fixed assets (approximation) | - | €27,699 | -€2,269 | -€12,882 | -€4,221 | ▲ 67.2% |
| Change in cash | - | -€25,154 | €12,581 | €2,584 | -€1,562 | ▼ 160% |
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
23-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €11,632
Net result €11,632 after 2 loss-making years.
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 6 days late
2017
13-06
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 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, Lint · 1 establishment unit since 2000
Ground area
446 m²
Building footprint
101 m²
Volume, LiDAR
394 m³
Parcel 11025C0557/00F000, Flanders · tallest building 6.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
AL1
since 20002.051.083.410
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11025C0557/00F000 | Flanders | 445 m² | 1 · 101 m² | 6.3 m · 1 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 20,026 companies in sector 43320 we hold annual accounts for 9,139. 7,591 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
Founded05-11-1990
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47820Retail sale of motor vehicle parts and accessories
47551Retail sale of household furniture
85532Education
E-invoicing
Reachable via Peppol
Peppol ID
0208:0442361867
Also
9925:BE0442361867
Registered
29-04-2025
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.