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ALAE GROUP

Active
Private limited companyfounded 20242 yrs activeHelmetsesteenweg 188, 1030 Schaarbeek, BelgiumKBO/BCE: BE 1004.386.104

The file of ALAE GROUP contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.

Summary

The computed 12-month bankruptcy probability is 14.3% (high). The 2024 annual accounts show equity of €36,448 and a net result of €34,448. Its solvency ranks better than 58% of 18932 sector peers (fiscal year 2024).

Risk analysisWatch ReportCompare
ALAE GROUPActiveChecked score 31/100
Risk analysis ReportCompare

Overview

Activity
Cafés and bars
NACE 56301
2 sites
Size
€94,356total assets 2024
Equity
€36,448
Profit
€34,448
Turnover not published (abridged schema)
Financial health
31 Weak Checked score 2024
Bankruptcy chance 12 m
14.3%
Structure
Accounts filed 113 d late1 of 5 deeds read
Why 31- 1 change of registered office in 24 months- 1 financial year not filed after the legal deadline; latest accounts 113 days late; 1 of the last 3 late- Sector Food and beverage service activities (NACE 56)- Figures for FY 2024 (filed 21-11-2025)Show the evidence

Checked score

Score 2024
31 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 63% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength
Strong
Solvency 64
equity 38.6% of total assets
Liquidity 42
short-term debt 35.4% · cash 6.2%
Profitability 100
return on assets 36.5%
Bankruptcy probability, 12 months
14.3% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (23,482 companies)
Last 24 months 02-2025: 4.6%lowest value 03-2025: 4.7%▲ +2.2% vs 02-2025 04-2025: 4.8%▲ +1.7% vs 03-2025 05-2025: 5.4%▲ +11.1% vs 04-2025 06-2025: 5.4%● 0.0% vs 05-2025 07-2025: 5.7%▲ +6.9% vs 06-2025 08-2025: 6.2%▲ +8.8% vs 07-2025 09-2025: 6.2%▼ -0.4% vs 08-2025 10-2025: 6.0%▼ -2.7% vs 09-2025 11-2025: 6.0%▼ -0.2% vs 10-2025 01-2026: 6.9% 02-2026: 6.9%▲ +0.7% vs 01-2026 03-2026: 6.9%● 0.0% vs 02-2026 04-2026: 7.0%▲ +1.3% vs 03-2026 05-2026: 7.0%▼ -0.2% vs 04-2026 06-2026: 6.7%▼ -4.1% vs 05-2026 07-2026: 11.2%▲ +66.7% vs 06-2026 08-2026: 12.2%▲ +9.4% vs 07-2026 09-2026: 12.2%▼ -0.1% vs 08-2026 10-2026: 14.3%▲ +16.9% vs 09-2026highest value
  • 1 change of registered office in 24 months raises the probability
  • 1 financial year not filed after the legal deadline; latest accounts 113 days late; 1 of the last 3 late raises the probability
  • Sector Food and beverage service activities (NACE 56) raises the probability
  • Figures for FY 2024 (filed 21-11-2025) raises the probability
Credit up to €1,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.82; short-term debt: 35.4% and cash: 6.2% of total assets), but 61.4% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, micro). Better than this share of them on solvency 58%, liquidity 37%, profitability 93%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · 1 financial year not filed after the legal deadline; latest accounts 113 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Sector Food and beverage service activities (NACE 56)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Figures for FY 2024 (filed 21-11-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Young company
Founded in 2024, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
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 21-11-2025, 113 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 filing
Deviation from the deadline
2024
113 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 113 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Registered officeRegistered-office move
  2. Bankruptcy reversalTribunal de l’entreprise francophone de…
  3. OpeningTribunal de l’entreprise francophone de…

Key points

  • Caution: Latest accounts filed lateafter the legal deadline 113 d View
  • Positive: Among the best 18% on net resultsector median €5,297 · 18,911 companies €34,448 View
  • Total assets 2024first fiscal year filed €94,356 View

By topic

Financials

Fiscal year
2024
Total assets
€94,356
Profit
€34,448
Solvency
38.6%
Go to Financials

Timeline

Events
4
Since
2025
  1. 18-06-2026Registered office
  2. 24-12-2025Bankruptcy reversal
  3. 21-11-2025Opening
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Cafés and barsNACE 56301
Founded
08-01-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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