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ALCA

Active
Private limited companyfounded 198541 yrs activeBeneluxlaan 2, 8970 Poperinge, BelgiumKBO/BCE: BE 0427.123.365
Summary

ALCA has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €54,113 and a net result of -€6,899. Equity is shrinking by ~6.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2026
Axes · tick = 2025
Profitability10▼-14
Solvency81▼-8
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity short (current ratio 0.02 against 0.01 in 2025; short-term debt: 43.8% and cash: 0.7% of total assets), and 43.8% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 41 years 0 50 y
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 2026
Solvency, return and age of the figures
Solvency
56.2%
Return on assets
-7.2%
Age of the figures
6 mo
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2026
Net result per financial year
1920212223242526
2019 to 2026 · latest year -€6,899
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 25-09-2026, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
36 d early
2025
31 d early
2024
8 d early
2023
1 d early
2022
7 d early
2021
10 d early
2020
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 18 days before 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today31-03-2027 close31-10-2027 deadline
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

History

ALCA was incorporated on 27 March 1985.1 Total assets went from EUR 95,988 in 2019 to EUR 96,334 in 2026.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2026

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Financials · fiscal year 2026, micro schema

Equity
€54,113▼ 11.3%
2025 · €61,012
Total assets
€96,334▲ 1.6%
2025 · €94,772
Net result
-€6,899▼ 31.9%
2025 · -€5,232
Working capital
-€41,523▼ 24.4%
2025 · -€33,368
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20222023202420252026
Operating result-€3,709▼ 23.0%-€4,000▼ 7.9%-€7,293▼ 82.3%-€5,074▲ 30.4%-€6,719▼ 32.4%
Net result-€3,896▼ 24.1%-€4,113▼ 5.6%-€7,443▼ 81.0%-€5,232▲ 29.7%-€6,899▼ 31.9%
Equity€77,799▼ 4.8%€73,687▼ 5.3%€66,244▼ 10.1%€61,012▼ 7.9%€54,113▼ 11.3%
Total assets€95,559▲ 1.2%€94,447▼ 1.2%€95,004▲ 0.6%€94,772▼ 0.2%€96,334▲ 1.6%
Debt€17,760▲ 39.2%€20,760▲ 16.9%€28,760▲ 38.5%€33,760▲ 17.4%€42,220▲ 25.1%
Working capital-€16,581▼ 30.7%-€20,693▼ 24.8%-€28,137▼ 36.0%-€33,368▼ 18.6%-€41,523▼ 24.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€8,000-€6,000-€4,000-€2,000€0Operating result 2022: -€3,709-€3,709Net result 2022: -€3,896-€3,896Operating result 2023: -€4,000-€4,000Net result 2023: -€4,113-€4,113Operating result 2024: -€7,293-€7,293Net result 2024: -€7,443-€7,443Operating result 2025: -€5,074-€5,074Net result 2025: -€5,232-€5,232Operating result 2026: -€6,719-€6,719Net result 2026: -€6,899-€6,89920222023202420252026-€8,000-€6,000-€4,000-€2,000€0Operating result 2024: -€7,293-€7,290Net result 2024: -€7,443-€7,440Operating result 2025: -€5,074-€5,070Net result 2025: -€5,232-€5,230Operating result 2026: -€6,719-€6,720Net result 2026: -€6,899-€6,900202420252026
The operating result stays negative: a loss of €6,719 in 2026 against €5,074 in 2025; the loss grows.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €96,334
Fixed assets €95,636 ▲ 1.3%
Current assets €698 ▲ 78.1%
Equity and liabilities €96,334
Equity €54,113 ▼ 11.3%
Debt €42,220 ▲ 25.1%
Debt's share of the balance-sheet total rises from 35.6% to 43.8%. Equity is lower and debt is higher.
Key figures and ratios
2026 value · change against 2025
EBITDA
-€6,583
Cash flow
-€6,763
Current ratio
0.02▲
2025 · 0.01
Debt to equity
0.78▲
2025 · 0.55
ROE
-12.7%▼
2025 · -8.6%
ROA
-7.2%▼
2025 · -5.5%
Interest coverage
-36.57
Debt ≤ 1 year
€42,220▲
2025 · €33,760
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
8.5% stopped otherwise
90% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 12,321 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
Filed annual accounts As filed with the NBB · 2026 against 2025 · 27 lines
Balance sheet Code20252026
Assets
Total assets20/58€94,772€96,334▲
Fixed assets21/28€94,380€95,636▲
Tangible fixed assets22/27€94,306€95,562▲
Land and buildings22€94,306€94,306=
Plant, machinery and equipment23-€1,256
Financial fixed assets28€74€74=
Current assets29/58€392€698▲
Cash at bank and in hand54/58€392€698▲
Equity and liabilities
Total equity and liabilities10/49€94,772€96,334▲
Equity10/15€61,012€54,113▼
Contributions10/11€18,600€18,600=
Reserves13€42,412€35,513▼
Distributable reserves133€42,412€35,513▼
Amounts payable17/49€33,760€42,220▲
Amounts payable within one year42/48€33,760€42,220▲
Other amounts payable47/48€33,760€42,220▲
Income statement Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€136
Other operating charges640/8€3,413€3,470▲
Gross operating margin9900-€1,661-€3,113▼
Operating profit (loss)9901-€5,074-€6,719▼
Financial charges65/66B€158€180▲
Recurring financial charges65€158€180▲
Profit (loss) for the period before taxes9903-€5,232-€6,899▼
Profit (loss) for the period9904-€5,232-€6,899▼
Profit (loss) for the period to be appropriated9905-€5,232-€6,899▼
Appropriation of the result
Profit (loss) to be appropriated9906-€5,232-€6,899▼
Transfer from equity791/2€5,232€6,899▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20222023202420252026Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630----€136-
Other operating charges640/8€1,566€1,685€3,165€3,413€3,470▲ 1.7%
Gross operating margin9900-€2,143-€2,315-€4,128-€1,661-€3,113▼ 87.4%
Operating profit (loss)9901-€3,709-€4,000-€7,293-€5,074-€6,719▼ 32.4%
Financial charges65/66B€188€113€150€158€180▲ 14.3%
Recurring financial charges65€188€113€150€158€180▲ 14.3%
Profit (loss) for the period before taxes9903-€3,896-€4,113-€7,443-€5,232-€6,899▼ 31.9%
Profit (loss) for the period9904-€3,896-€4,113-€7,443-€5,232-€6,899▼ 31.9%
Profit (loss) for the period to be appropriated9905-€3,896-€4,113-€7,443-€5,232-€6,899▼ 31.9%
Line20222023202420252026Change
Assets
Total assets20/58€95,559€94,447€95,004€94,772€96,334▲ 1.6%
Fixed assets21/28€94,380€94,380€94,380€94,380€95,636▲ 1.3%
Tangible fixed assets22/27€94,306€94,306€94,306€94,306€95,562▲ 1.3%
Land and buildings22€94,306€94,306€94,306€94,306€94,306=
Plant, machinery and equipment23----€1,256-
Financial fixed assets28€74€74€74€74€74=
Current assets29/58€1,179€67€624€392€698▲ 78.1%
Cash at bank and in hand54/58€1,179€67€624€392€698▲ 78.1%
Equity and liabilities
Total equity and liabilities10/49€95,559€94,447€95,004€94,772€96,334▲ 1.6%
Equity10/15€77,799€73,687€66,244€61,012€54,113▼ 11.3%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13€59,199€55,087€47,644€42,412€35,513▼ 16.3%
Non-distributable reserves130/1€9,916-----
Reserves not available under the articles1311€9,916-----
Distributable reserves133€49,284€55,087€47,644€42,412€35,513▼ 16.3%
Amounts payable17/49€17,760€20,760€28,760€33,760€42,220▲ 25.1%
Amounts payable within one year42/48€17,760€20,760€28,760€33,760€42,220▲ 25.1%
Other amounts payable47/48€17,760€20,760€28,760€33,760€42,220▲ 25.1%
Line20222023202420252026Change
Profit (loss) for the period9904-€3,896-€4,113-€7,443-€5,232-€6,899▼ 31.9%
+ Depreciation and write-downs630----€136-
Operating cash flow (approximation)-€3,896-€4,113-€7,443-€5,232-€6,763▼ 29.3%
Investment in fixed assets (approximation)-€0€0€0-€1,392-
Change in cash--€1,113€557-€232€306▲ 232%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2027, expected by 31-10-2027
2026
25-09
NBB filing Annual accounts filed
fiscal year 2026 · micro schema
2025
30-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
23-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial Weakest financial yearnet -€7,443
Net result drops to -€7,443, the lowest in the series; recovery starts the following year.
2023
30-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
24-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
21-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
30-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
16-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
20-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
23-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
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, Poperinge · 1 establishment unit since 1985
seat establishment The establishment unit on the map
Ground area
1.4 ha
Building footprint
1,800 m²
Volume, LiDAR
9,706 m³
2 parcels, Flanders · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Ieperstraat 69, 8970 Poperinge
Activities of head offices; management consultancy activities
since 19852.026.719.780
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
33021E0213/00E000 Flanders 1.3 ha 1 · 1,726 m² 6.0 m · 2 fl.
33021F0540/00G000 Flanders 526 m² 1 · 73 m² 10.7 m · 3 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded27-03-1985
Fiscal year end31-03
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.