AL-PROGRESS
ActiveSummary
The computed 12-month bankruptcy probability of AL-PROGRESS is 3.1% (moderate). The 2024 annual accounts show equity of €88,705 and a net result of €88,705. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes
Profitability100
Solvency95
Growth-
Track record67
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days only on tighter terms
Liquidity ample (current ratio 3.19; short-term debt: 28.5% and cash: 46% of total assets), and 29.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-12-2025, 123 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filingDeviation from the deadline
2024
123 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its 2024 accounts 123 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€88,705
Total assets
€125,869
Net result
€88,705
Working capital
€78,842
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €125,869
Fixed assets
€11,100
Current assets
€114,769
Equity and liabilities €125,869
Equity
€88,705
Debt
€37,164
Debt finances 29.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€120,714
Cash flow
€89,179
Current ratio
3.19
Debt to equity
0.42
ROE
100.0%
ROA
70.5%
Interest coverage
74.14
Debt ≤ 1 year
€35,927
Income taxes
€29,907
Annual accounts
| Line | 2024 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €474 |
| Other operating charges640/8 | €1,580 |
| Gross operating margin9900 | €122,294 |
| Operating profit (loss)9901 | €120,240 |
| Financial charges65/66B | €1,628 |
| Recurring financial charges65 | €1,628 |
| Profit (loss) for the period before taxes9903 | €118,612 |
| Income taxes67/77 | €29,907 |
| Profit (loss) for the period9904 | €88,705 |
| Profit (loss) for the period to be appropriated9905 | €88,705 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €125,869 | |
| Fixed assets21/28 | €11,100 | |
| Tangible fixed assets22/27 | €11,100 | |
| Furniture and vehicles24 | €11,100 | |
| Current assets29/58 | €114,769 | |
| Amounts receivable within one year40/41 | €55,593 | |
| Trade receivables40 | €55,593 | |
| Cash at bank and in hand54/58 | €57,847 | |
| Deferred charges and accrued income490/1 | €1,329 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €125,869 | |
| Equity10/15 | €88,705 | |
| Profit (loss) carried forward14 | €88,705 | |
| Amounts payable17/49 | €37,164 | |
| Amounts payable within one year42/48 | €35,927 | |
| Trade debts44 | €318 | |
| Suppliers440/4 | €318 | |
| Taxes, remuneration and social security45 | €35,609 | |
| Taxes450/3 | €32,761 | |
| Remuneration and social security454/9 | €2,849 | |
| Accrued charges and deferred income492/3 | €1,237 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €88,705 |
| + Depreciation and write-downs630 | €474 |
| Operating cash flow (approximation) | €89,179 |
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
2025
01-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 123 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Mettet · 1 establishment unit since 2024
Ground area
2,528 m²
Building footprint
206 m²
Parcel 92087F0206/00D000, Wallonia. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
AL-PROGRESS
since 20242.355.775.652
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92087F0206/00D000 | Wallonia | 2,528 m² | 1 · 206 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded24-01-2024
Fiscal year end31-12
Contact
E-mail
alexandre.willems@hotmail.com
Phone
+32494329894
Scores and ratios are computed by Checked and are not a credit decision.