Active BE 0442.285.059Public limited company

ALCARA

Nieuwe Gentweg 88 ·8000 Brugge, Belgium· 35 yrs active

Sector: Specialised construction (43211)

Conclusion Checked

The computed 12-month bankruptcy probability of ALCARA is 0.6% (low). The 2024 annual accounts show equity of €452k and a net result of €-57k. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 37% of 987 sector peers (fiscal year 2024). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Key figures

Equity	€452k
Net result	€-57k
Better than sector	37%
Active	35 yrs

Snowflake analysis 5 axes · computed by Checked

41 / 100

Fragile profile, watch profitability in particular.

Health 17

Profitability 0

Solvency 35

Growth 52

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.6% Low

0%0,5%1,5%4%10%≥25%

Higher-failure-rate sector +Long track record −Lower-risk legal form −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 3 signals

Long-established

Founded in 1990, 35 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.

Administratively compliant

No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags 0 events

No administrative flags

Health barometer FY 2024 · computed

17 / 100 Critical

050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →

Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 31-07-2025 with the NBB · fiscal year 2024 · verkort

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~2.9%/year over 7 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	24.5%	35.4%	better than 37% of 987 sector peers
Net result	€-57k	€30k	better than 8% of 986 sector peers
Equity	€452k	€119k	better than 77% of 987 sector peers
Gross operating margin	€-12k	€171k	better than 5% of 986 sector peers
Employees (FTE)	0.0	3.4	better than 8% of 581 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-23k

-430.3% far below sector median

Net profit

€-57k

-34.8% far below sector median

Cash flow

€-16k

-488.0% far below sector median

Total assets

€1.85M

-1.9% far above sector median

Equity

€452k

-11.3% far above sector median

Working capital

€-169k

-16.0% far below sector median

Employees (FTE)

0

- 18-24

Income taxes

€2k

+12834.5% -30% vs sector

Debt

€1.34M

+1.7% far above sector median

Debt ≤ 1y

€1.34M

+1.7% far above sector median

Current ratio

0.87

-1.7% -66% vs sector

Quick ratio

0.87

-1.7% -66% vs sector

Solvency

24.5%

-9.5% -56% vs sector

Debt / equity

2.96

+14.6% +265% vs sector

ROE

-12.7%

-51.9% far below sector median

ROA

-3.1%

-37.4% far below sector median

Interest coverage

-342.62

-180.6% far below sector median

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Revenue	-
EBITDA	€-23k
Net profit	€-57k
Cash flow	€-16k
Staff costs	-
Income taxes	€2k
Dividends	-
Total assets	€1.85M
Equity	€452k
Debt	€1.34M
of which ≤ 1y	€1.34M
of which > 1y	-
Working capital	€-169k
Employees (FTE)	0.0

Ratios (computed)

	2024
Current ratio	0.87
Quick ratio	0.87
Working capital ratio	-9.2%
Solvency	24.5%
Debt / equity	2.96
Long-term debt ratio	-
Interest coverage	-342.62
Gross margin	-
Net margin	-
ROA	-3.1%
ROE	-12.7%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €676k · 36.6% Current assets €1.17M · 63.4%

Equity & liabilities

Equity €452k · 24.5% Provisions €55k · 3.0% Debt €1.34M · 72.6%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.85M
Fixed assets	21/28	€676k
Tangible fixed assets	22/27	€676k
Current assets	29/58	€1.17M
Amounts receivable within one year	40/41	€877k
Investments	50/53	€280k
Cash & bank	54/58	€13k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.85M
Equity	10/15	€452k
Contributions / capital	10/11	€62k
Reserves	13	€515k
Accumulated profits (losses)	14	€-125k
Provisions & deferred taxes	16	€55k
Amounts payable	17/49	€1.34M
Amounts payable within one year	42/48	€1.34M
Trade debts payable within one year	44	€2k
Income statement
Gross operating margin	9900	€-12k
Operating result	9901	€-63k
Financial income	75	€7k
Financial charges	65	€66
Result before taxes	9903	€-57k
Income taxes	67/77	€2k
Net result for the period	9904	€-57k
Result to be appropriated	9905	€-51k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Specialised construction(43211)
Legal form	Public limited company(014)
Incorporation	24-10-1990
Status	Active
Postal code	8000

Establishment units 1 location

Alcara

Torhoutsesteenweg 1, 8400 OostendeHandel in onroerend goed

since 20002.184.484.144

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
35386D0164/00P000	Flanders	455 m²	1 · 455 m²	23.6 m · 7 fl.
31803C0798/00E000	Flanders	167 m²	1 · 129 m²	11.1 m · 2 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

31-07-2025

NBB filing Annual accounts filed

fiscal year 2024 · verkort

19-06-2025

State Gazette act Director changes

Elien Turpyn

2024

27-08-2024

NBB filing Annual accounts filed

fiscal year 2023 · verkort

2023

27-07-2023

NBB filing Annual accounts filed

fiscal year 2022 · verkort

2022

23-08-2022

NBB filing Annual accounts filed

fiscal year 2021 · micro

2021

02-06-2021

NBB filing Annual accounts filed

fiscal year 2020 · micro

2020

12-09-2020

NBB filing Annual accounts filed

fiscal year 2019 · micro

2019

26-07-2019

NBB filing Annual accounts filed

fiscal year 2018 · micro

2018

31-08-2018

NBB filing Annual accounts filed

fiscal year 2017 · micro

2017

17-08-2017

NBB filing Annual accounts filed

fiscal year 2016 · micro

2016

26-08-2016

NBB filing Annual accounts filed

fiscal year 2015 · verkort

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 1 year ago

2025

19-06-2025 2 directors appointed, 2 resigning, 2 reappointed Director changes·Elien Turpyn

Bourgeois, Gedelegeerd bestuurder
Van Heirseele, Gedelegeerd bestuurder
Bourgeois, Bestuurder
Van Heirseele, Bestuurder
Bourgeois, Bestuurder
Van Heirseele, Bestuurder

Notary: Elien Turpyn · Zwevegem

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "board_snapshot",
      "role": "raad_van_bestuur",
      "person": null,
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Bourgeois",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "De algemene vergadering ontslaat voornoemde heer Bourgeois en mevrouw Van Heirseele als statutaire bestuurders.",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Van Heirseele",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "De algemene vergadering ontslaat voornoemde heer Bourgeois en mevrouw Van Heirseele als statutaire bestuurders.",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Bourgeois",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": "niet_statutair",
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "De algemene vergadering herbenoemt of bekrachtigt tot niet-statutaire bestuurders, de heer Bourgeois en mevrouw Van Heirseele, voornoemd, die aanvaarden.",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Van Heirseele",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": "niet_statutair",
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "De algemene vergadering herbenoemt of bekrachtigt tot niet-statutaire bestuurders, de heer Bourgeois en mevrouw Van Heirseele, voornoemd, die aanvaarden.",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "delegation_dagelijks_bestuur_in",
      "role": "gedelegeerd_bestuurder",
      "person": {
        "rrn": null,
        "name": "Bourgeois",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2025-02-01",
      "evidence_quote": "De algemene vergadering neemt kennis van de beslissing van het bestuursorgaan waarbij de heer Bourgeois tot gedelegeerd bestuurder wordt aangesteld vanaf 1 februari 2025.",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "until_date",
        "value": "2025-02-01"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "delegation_dagelijks_bestuur_in",
      "role": "gedelegeerd_bestuurder",
      "person": {
        "rrn": null,
        "name": "Van Heirseele",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "Het bestuursorgaan stelt eveneens als gedelegeerd bestuurder, mevrouw Van Heirseele aan, die aanvaardt.",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_granted",
      "role": "commissaris",
      "person": null,
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_granted",
      "role": "commissaris",
      "person": null,
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "substantive_delegation",
      "role": "notaris",
      "person": {
        "rrn": null,
        "name": "Micha\u00EBl Mullie",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "De vergadering beslist tot toekenning van alle machten aan ondergetekende notaris voor de co\u00F6rdinatie van de statuten, die, overeenkomstig de wet, binnen de drie maanden vanaf heden door het bestuursorgaan moet neergelegd worden.",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "n_years",
        "value": "3"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": "Elien Turpyn",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Zwevegem",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-06-19",
    "filing_date": "2025-06-17",
    "act_kind_objet": "WIJZIGING RECHTSVORM, MAATSCHAPPELIJKE ZETEL, ONTSLAGEN, BENOEMINGEN"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2025-05-23",
      "unanimous": null
    },
    {
      "body": "algemene_vergadering",
      "date": "2025-05-23",
      "unanimous": null
    },
    {
      "body": "algemene_vergadering",
      "date": "2025-05-23",
      "unanimous": null
    },
    {
      "body": "algemene_vergadering",
      "date": "2025-05-23",
      "unanimous": null
    },
    {
      "body": "algemene_vergadering",
      "date": "2025-05-23",
      "unanimous": null
    },
    {
      "body": "algemene_vergadering",
      "date": "2025-05-23",
      "unanimous": null
    },
    {
      "body": "algemene_vergadering",
      "date": "2025-05-23",
      "unanimous": null
    },
    {
      "body": "algemene_vergadering",
      "date": "2025-05-23",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0442.285.059",
    "name_full": "ALCARA",
    "legal_form": "Commanditaire vennootschap op aandelen"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Micha\u00EBl Mullie",
    "org_rep_person_name": null,
    "person_role_at_subject": "notaris"
  },
  "co_filed_documents": [
    "Uitgifte van de akte",
    "geco\u00F6rdineerde statuten"
  ],
  "corrected_publication_numac": null
}

Credit advice verdict per customer and amount

AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon

AI-generated from Checked data; indicative, not legal or investment advice.

Company registry (CBE) Crossroads Bank

Activities

Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Elektrische installatie45310Bemiddeling in verband met exploitatie van en handel in onroerend goed68310Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis68311

Primary activity highlighted.

Names & trade names

Legal nameNL

ALCARA

Registered office

Nieuwe Gentweg 88

8000 Brugge, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

Similar companies Same NACE

D.I. ELEC BE 0417.379.419 · Sint-Pieters-Woluwe

ANTWERP DATA ELECTRONIC SYSTEMS BE 0419.971.990 · Brasschaat

IMMOLEC BE 0430.388.802 · Ternat

ELECTRO DAVID BE 0423.131.222 · Kortrijk

PETERS ELECTRO BE 0440.377.525 · Bree