ALARJI
ActiveSummary
The computed 12-month bankruptcy probability of ALARJI is 5.9% (elevated). The 2025 annual accounts show negative equity (-€45,407) and a net result of €17,861. Equity is shrinking by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 16% of 826 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability79▲+21
Solvency5▲+5
Growth58=
Track record100
Bankruptcy probability, 12 months
5.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.32 against 0.25 in 2024; short-term debt: 119.2% and cash: 2.9% of total assets), and equity is negative.
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Signals
Seven signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
-20.4%
Return on assets
8%
Age of the figures
18 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 826 sector peers (2025).
NBB · sector comparisonPosition among 826 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-11-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
28 d late
2024
46 d late
2023
112 d late
2022
259 d late
2020
27 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 94 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 16 December (4 of the last 5 filed years within 66 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close30-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€17,861
2024 · -€15,613
Working capital
-€180,770▲ 6.9%
2024 · -€194,069
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202022202320242025
Operating result-€25,810-€8,771-€23,851▲ 172%-€4,370€23,274
Net result-€41,522below the sector's middle half-€6,635within the sector's middle half-€17,030within the sector's middle half▲ 157%-€15,613below the sector's middle half€17,861
Equity-€11,522below the sector's middle half--€64,684below the sector's middle half--€47,655below the sector's middle half▲ 26.3%-€63,268below the sector's middle half▼ 32.8%-€45,407▲ 28.2%
Total assets€313,634above the sector's middle half-€421,819above the sector's middle half-€413,956above the sector's middle half▼ 1.9%€241,519within the sector's middle half▼ 41.7%€223,092▼ 7.6%
Debt€325,156-€486,504-€461,611▼ 5.1%€304,787▼ 34.0%€268,499▼ 11.9%
Working capital-€79,451below the sector's middle half--€161,109below the sector's middle half--€173,811below the sector's middle half▼ 7.9%-€194,069below the sector's middle half▼ 11.7%-€180,770▲ 6.9%
Solvency-3.7%within the sector's middle half--15.3%below the sector's middle half--11.5%below the sector's middle half▲ 3.8pp-26.2%below the sector's middle half▼ 14.7pp-20.4%▲ 5.8pp
Current ratio0.30below the sector's middle half-0.55within the sector's middle half-0.54within the sector's middle half▼ 0.010.25below the sector's middle half▼ 0.280.32▲ 0.07
Return on assets (ROA)-13.2%below the sector's middle half-1.6%within the sector's middle half-4.1%within the sector's middle half▲ 2.5pp-6.5%below the sector's middle half▼ 10.6pp8.0%▲ 14.5pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €23,274 after a loss of €4,370 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €223,092
Fixed assets
€137,854 ▼ 21.3%
Current assets
€85,238 ▲ 28.6%
Key figures and ratios
EBITDA
€66,360▲
2024 · €34,253
Cash flow
€60,947▲
2024 · €23,010
Quick ratio
0.29▲
2024 · 0.22
Debt to equity
-5.91▼
2024 · -4.82
Interest coverage
12.25▲
2024 · 5.68
Debt ≤ 1 year
€266,007▲
2024 · €260,336
Debt > 1 year
€2,491▼
2024 · €44,451
Staff costs
€249,167▲
2024 · €246,529
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,180 companies that looked in July 2024 the way this one looks now, 4.8% went bankrupt within 24 months and 89% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a profit of 5% of the balance sheet or more
4.8%
went bankrupt
5.8%
stopped otherwise
89%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 5.9% 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 497,340 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% | 1.8% |
| 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 2,180 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 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €292,680 | €279,847 | €246,529 | €249,167 | ▲ 1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €63,326 | €41,197 | €47,148 | €38,623 | €43,086 | ▲ 11.6% |
| Other operating charges640/8 | - | €7,162 | €5,166 | €5,327 | €8,102 | ▲ 52.1% |
| Gross operating margin9900 | €438,782 | €349,809 | €356,013 | €286,109 | €323,628 | ▲ 13.1% |
| Operating profit (loss)9901 | -€25,810 | €8,771 | €23,851 | -€4,370 | €23,274 | ▲ 633% |
| Financial income75/76B | - | €34 | €36 | €4 | €3 | ▼ 28.9% |
| Recurring financial income75 | €689 | €34 | €36 | €4 | €3 | ▼ 28.9% |
| Financial charges65/66B | - | €2,170 | €6,858 | €6,032 | €5,416 | ▼ 10.2% |
| Recurring financial charges65 | €16,401 | €2,170 | €6,858 | €6,032 | €5,416 | ▼ 10.2% |
| Profit (loss) for the period before taxes9903 | -€41,522 | €6,635 | €17,030 | -€10,398 | €17,861 | ▲ 272% |
| Income taxes67/77 | - | - | - | €5,215 | - | - |
| Profit (loss) for the period9904 | -€41,522 | €6,635 | €17,030 | -€15,613 | €17,861 | ▲ 214% |
| Profit (loss) for the period to be appropriated9905 | -€41,522 | €6,635 | €17,030 | -€15,613 | €17,861 | ▲ 214% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €313,634 | €421,819 | €413,956 | €241,519 | €223,092 | ▼ 7.6% |
| Fixed assets21/28 | €280,219 | €224,795 | €212,567 | €175,252 | €137,854 | ▼ 21.3% |
| Intangible fixed assets21 | €23,569 | €14,746 | €10,709 | €6,422 | €2,135 | ▼ 66.8% |
| Tangible fixed assets22/27 | €256,650 | €210,050 | €183,109 | €150,081 | €116,970 | ▼ 22.1% |
| Plant, machinery and equipment23 | - | €190,277 | €154,734 | €128,046 | €101,416 | ▼ 20.8% |
| Furniture and vehicles24 | - | €19,772 | €28,375 | €22,035 | €15,554 | ▼ 29.4% |
| Financial fixed assets28 | - | - | €18,750 | €18,750 | €18,750 | = |
| Current assets29/58 | €33,415 | €197,024 | €201,389 | €66,267 | €85,238 | ▲ 28.6% |
| Stocks and contracts in progress3 | €12,987 | €13,788 | €3,992 | €8,026 | €8,633 | ▲ 7.6% |
| Stocks30/36 | - | €13,788 | €3,992 | €8,026 | €8,633 | ▲ 7.6% |
| Amounts receivable within one year40/41 | €10,055 | €132,635 | €196,193 | €55,587 | €67,787 | ▲ 21.9% |
| Trade receivables40 | - | €132,635 | €176,007 | €55,587 | €67,787 | ▲ 21.9% |
| Other amounts receivable41 | - | - | €20,186 | - | - | - |
| Cash at bank and in hand54/58 | €5,037 | €50,189 | €792 | €1,767 | €6,541 | ▲ 270% |
| Deferred charges and accrued income490/1 | - | €411 | €411 | €886 | €2,277 | ▲ 157% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €313,634 | €421,819 | €413,956 | €241,519 | €223,092 | ▼ 7.6% |
| Equity10/15 | -€11,522 | -€64,684 | -€47,655 | -€63,268 | -€45,407 | ▲ 28.2% |
| Contributions10/11 | €30,000 | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Capital10 | - | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Issued capital100 | - | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Profit (loss) carried forward14 | -€41,522 | -€94,684 | -€77,655 | -€93,268 | -€75,407 | ▲ 19.2% |
| Amounts payable17/49 | €325,156 | €486,504 | €461,611 | €304,787 | €268,499 | ▼ 11.9% |
| Amounts payable after more than one year17 | €212,290 | €128,371 | €86,411 | €44,451 | €2,491 | ▼ 94.4% |
| Financial debts170/4 | - | €128,371 | €86,411 | €44,451 | €2,491 | ▼ 94.4% |
| Amounts payable within one year42/48 | €112,866 | €358,133 | €375,200 | €260,336 | €266,007 | ▲ 2.2% |
| Current portion of amounts payable after more than one year42 | - | €61,381 | €56,763 | €52,158 | €47,568 | ▼ 8.8% |
| Financial debts43 | - | - | - | €474 | - | - |
| Credit institutions430/8 | - | - | - | €474 | - | - |
| Trade debts44 | €15,471 | €120,384 | €161,804 | €70,785 | €80,595 | ▲ 13.9% |
| Suppliers440/4 | - | €120,384 | €161,804 | €70,785 | €80,595 | ▲ 13.9% |
| Taxes, remuneration and social security45 | - | €157,608 | €117,238 | €99,023 | €92,522 | ▼ 6.6% |
| Taxes450/3 | - | €69,733 | €42,161 | €27,086 | €47,425 | ▲ 75.1% |
| Remuneration and social security454/9 | - | €87,875 | €75,077 | €71,937 | €45,097 | ▼ 37.3% |
| Other amounts payable47/48 | - | €18,760 | €39,396 | €37,896 | €45,322 | ▲ 19.6% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€41,522 | €6,635 | €17,030 | -€15,613 | €17,861 | ▲ 214% |
| + Depreciation and write-downs630 | €63,326 | €41,197 | €47,148 | €38,623 | €43,086 | ▲ 11.6% |
| Operating cash flow (approximation) | €21,804 | €47,832 | €64,177 | €23,010 | €60,947 | ▲ 165% |
| Investment in fixed assets (approximation) | - | - | -€34,920 | -€1,308 | -€5,688 | ▼ 335% |
| Change in cash | - | - | -€49,397 | €975 | €4,773 | ▲ 390% |
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
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 28 days late
31-03
Financial
Back to profitnet €17,861
Net result €17,861 after one loss-making year.
2024
16-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 46 days late
20-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 112 days late
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 259 days late
2022
31-03
Financial
Back to profitnet €6,635
Net result €6,635 after one loss-making year.
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Elsene · 2 establishment units since 2018
Ground area
180 m²
Building footprint
170 m²
Volume, LiDAR
2,484 m³
2 parcels, Brussels · tallest building 17.6 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
Baljuwstraat 84, 1050 Elsene
since 20182.280.366.070
ALARJI
since 20242.361.986.028
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21447B0215/00V008 | Brussels | 100 m² | 1 · 101 m² | 17.6 m · 5 fl. |
| 21447B0233/00A004 | Brussels | 80 m² | 1 · 70 m² | 16.4 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteElsene2.280.366.070
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 21,853 companies in sector 56112 we hold annual accounts for 9,781. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-09-2018
Fiscal year end31-03
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID
0208:0705996286
Also
9925:BE0705996286
Registered
31-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.