AL Projects-Solutions
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 05-05-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is 5 times that of 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | - | €3,732 |
| Depreciation and write-downs of the year | €2 | €1,081 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2 | €1,081 | ▲ 604× |
| Other operating charges640/8 | €150 | €69 | ▼ 53.7% |
| Gross operating margin9900 | €7,200 | €36,372 | ▲ 405% |
| Operating profit (loss)9901 | €7,048 | €35,222 | ▲ 400% |
| Financial charges65/66B | - | €42 | - |
| Recurring financial charges65 | - | €42 | - |
| Profit (loss) for the period before taxes9903 | €7,048 | €35,180 | ▲ 399% |
| Income taxes67/77 | €1,762 | €7,364 | ▲ 318% |
| Profit (loss) for the period9904 | €5,286 | €27,816 | ▲ 426% |
| Profit (loss) for the period to be appropriated9905 | €5,286 | €27,816 | ▲ 426% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €12,752 | €44,501 | ▲ 249% |
| Formation expenses20 | €2,040 | €1,632 | ▼ 20.0% |
| Fixed assets21/28 | - | €3,059 | - |
| Tangible fixed assets22/27 | - | €3,059 | - |
| Plant, machinery and equipment23 | - | €708 | - |
| Furniture and vehicles24 | - | €2,350 | - |
| Current assets29/58 | €10,712 | €39,811 | ▲ 272% |
| Amounts receivable within one year40/41 | €8,712 | €8,318 | ▼ 4.5% |
| Trade receivables40 | €8,712 | €5,082 | ▼ 41.7% |
| Other amounts receivable41 | - | €3,236 | - |
| Cash at bank and in hand54/58 | €2,000 | €31,492 | ▲ 16× |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €12,752 | €44,501 | ▲ 249% |
| Equity10/15 | €7,286 | €35,102 | ▲ 382% |
| Contributions10/11 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €5,286 | €33,102 | ▲ 526% |
| Amounts payable17/49 | €5,466 | €9,399 | ▲ 72.0% |
| Amounts payable within one year42/48 | €5,466 | €9,399 | ▲ 72.0% |
| Trade debts44 | €2,620 | €539 | ▼ 79.4% |
| Suppliers440/4 | €2,620 | €539 | ▼ 79.4% |
| Taxes, remuneration and social security45 | €2,845 | €5,764 | ▲ 103% |
| Taxes450/3 | €2,845 | €5,764 | ▲ 103% |
| Other amounts payable47/48 | - | €3,095 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €5,286 | €27,816 | ▲ 426% |
| + Depreciation and write-downs630 | €2 | €1,081 | ▲ 604× |
| Operating cash flow (approximation) | €5,288 | €28,898 | ▲ 446% |
| Change in cash | - | €29,492 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 11,279 companies had the same profile as AL Projects-Solutions has now. Two years later, 96.6% were still going and 0.7% had gone bankrupt.
- Micro
- under 2 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of AL Projects-Solutions itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 11,279 companies, not a prediction for AL Projects-Solutions. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.