AL-MGMT
ActiveAL-MGMT has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-45k) and a net result of €-105k. Equity is growing by ~23.4% per year across the filed fiscal years. Its solvency ranks better than 6% of 13935 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
23
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability2▼-91
Solvency0▼-60
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.52 against 0.55 in 2024; short-term debt: 162.4% and cash: 2.1% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 · 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
-63%
Return on assets
-147.4%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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 €-45k
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 31-07-2026, 0 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
on the day
2024
34 d early
2023
34 d early
2022
31 d early
2021
31 d early
2020
38 d early
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-45k
2024 · €60k
2020: €8k
2021: €14k
2022: €26k
2023: €26k
2024: €60k
2020 → 2025
Total assets
€71k▼ 58.4%
2024 · €171k
2020: €9k
2021: €131k
2022: €146k
2023: €157k
2024: €171k
2020 → 2025
Net result
€-105k
2024 · €34k
2020: €-2k
2021: €6k
2022: €13k
2023: €26k
2024: €34k
2020 → 2025
Working capital
€-55k▼ 40.0%
2024 · €-39k
2020: €8k
2021: €-8k
2022: €-20k
2023: €-47k
2024: €-39k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€14k-€26k▲ 93.5%€26k=€60k▲ 129%€-45k
Operating result€10k-€23k▲ 142%€39k▲ 67.7%€49k▲ 24.1%€22k▼ 54.2%
Net result€6k-€13k▲ 121%€26k▲ 104%€34k▲ 30.2%€-105k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 54% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €71k
Fixed assets
€11k▼ 91.2%
Current assets
€60k▲ 25.7%
Key figures and ratios
EBITDA
€25k▼
2024 · €50k
Cash flow
€-102k▼
2024 · €36k
Solvency
-63.0%▼
2024 · 35.2%
Current ratio
0.52▼
2024 · 0.55
Quick ratio
0.52▼
2024 · 0.55
Debt / equity
-2.59▼
2024 · 1.84
ROA
-147.4%▼
2024 · 19.8%
Interest coverage
0.20▼
2024 · 16.88
Debt
€116k▲
2024 · €111k
Debt ≤ 1 year
€116k▲
2024 · €87k
Debt > 1 year
€0▼
2024 · €23k
Income taxes
€4k▼
2024 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€171k€71k▼
Fixed assets21/28€123k€11k▼
Tangible fixed assets22/27€3k€11k▲
Furniture and vehicles24€3k€946▼
Other tangible fixed assets26-€10k
Financial fixed assets28€120k€0▼
Current assets29/58€48k€60k▲
Amounts receivable within one year40/41€46k€59k▲
Trade receivables40€46k€52k▲
Other amounts receivable41€0€7k▲
Cash at bank and in hand54/58€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€171k€71k▼
Equity10/15€60k€-45k▼
Contributions10/11€10k€10k=
Reserves13€16k€16k=
Distributable reserves133€16k€16k=
Profit (loss) carried forward14€34k€-71k▼
Amounts payable17/49€111k€116k▲
Amounts payable after more than one year17€23k€0▼
Financial debts170/4€23k€0▼
Amounts payable within one year42/48€87k€116k▲
Current portion of amounts payable after more than one year42€27k€25k▼
Trade debts44€21k€31k▲
Suppliers440/4€21k€31k▲
Taxes, remuneration and social security45€18k€526▼
Taxes450/3€18k€0▼
Remuneration and social security454/9€0€526▲
Other amounts payable47/48€21k€59k▲
Accrued charges and deferred income492/3€718€408▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€449€124▼
Gross operating margin9900€51k€25k▼
Operating profit (loss)9901€49k€22k▼
Financial charges65/66B€3k€123k▲
Recurring financial charges65€3k€123k▲
Profit (loss) for the period before taxes9903€46k€-101k▼
Income taxes67/77€12k€4k▼
Profit (loss) for the period9904€34k€-105k▼
Profit (loss) for the period to be appropriated9905€34k€-105k▼
Appropriation of the result
Profit (loss) to be appropriated9906€34k€-71k▼
Profit (loss) brought forward from the previous period14P-€34k
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-105k ▼410%
Net result drops to €-105k, the lowest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2020net €34k ▲30.2%
Operating result €49k, net result €34k, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
23-06
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.
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, Herk-de-Stad · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hurbroekstraat 23540 Herk-de-StadGround area
5,828 m²
Building footprint
1,359 m²
Volume, LiDAR
6,396 m³
2 parcels, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AL-MGMT
since 20202.308.667.009
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71009A0066/00E000 | Flanders | 4,589 m² | 1 · 1,216 m² | 9.8 m · 2 fl. |
| 71012B0176/00W002 | Flanders | 1,239 m² | 1 · 144 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
Immo Brix2.Build
BE 0758.369.754
Kasterlee · Eq €60k
JEFIMA
BE 0768.421.825
Eeklo · Eq €60k
Cis Snels Bouwbedrijf
BE 0773.740.888
Wuustwezel · Eq €60k
GRANDISIMMO
BE 0830.718.391
Zele · Eq €60k
CORBEAU TERRA FORM I
BE 0802.833.960
Oostende · Eq €60k
Of 9,697 companies in sector 68121 we hold annual accounts for 7,378. 5,121 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-05-2020
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
41001General construction of residential buildings
41003General construction of other non-residential buildings
68122Development of non-residential building projects
43120Site preparation
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.