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ALCE

Active
Private limited companyfounded 2018active for 8 yearsAvenue de la Gare 31, 4960 Malmedy, BelgiumKBO/BCE: BE 0700.190.045
Summary

The computed 12-month bankruptcy probability of ALCE is 3.4% (moderate). The 2024 annual accounts show equity of €25,361 and a net result of -€3,326. Equity is shrinking by about 13% per year across the filed financial years. The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known
Size
€706,551total assets 2024
Equity
€25,361
Loss
-€3,326
Turnover not published (micro format)
Financial health
48 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.4%
Structure
Holdings
1
2025 accounts not filed, 89 days past the deadline1 of 2 deeds summarised
Why 48raises riskFigures for financial year 2024 (filed 26-09-2025)1 financial year not filed after the legal deadline; last filed accounts filed 52 days late; 1 of the last 3 lateNo registered site in the KBOlowers riskSize: total assets €706,551Show the evidence

Checked score

Score 2024
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 20% of its sector peers (no NACE code, micro)
Financial strength · tick = 2023
Weak
Solvency 29=
equity 3.6% of total assets
Liquidity 25-6
short-term debt 52.6% · cash 0.9%
Profitability 36=
return on assets -0.5%
Bankruptcy probability, 12 months
3.4% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.5%▼ -0.1 percentage points vs 03-2025lowest value 05-2025: 0.6%▲ +0.1 percentage points vs 04-2025 06-2025: 0.7%▲ +0.1 percentage points vs 05-2025 07-2025: 0.8%▲ +0.1 percentage points vs 06-2025 08-2025: 1.2%▲ +0.4 percentage points vs 07-2025 09-2025: 1.4%▲ +0.2 percentage points vs 08-2025 10-2025: 1.1%▼ -0.3 percentage points vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.0%▼ -0.1 percentage points vs 12-2025 02-2026: 1.1%▲ +0.1 percentage points vs 01-2026 03-2026: 0.9%▼ -0.2 percentage points vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 1.0%▲ +0.1 percentage points vs 05-2026 07-2026: 1.1%▲ +0.1 percentage points vs 06-2026 08-2026: 1.4%▲ +0.3 percentage points vs 07-2026 09-2026: 1.6%▲ +0.2 percentage points vs 08-2026 10-2026: 3.4%▲ +1.8 percentage points vs 09-2026highest value
Credit of up to €1,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity insufficient (current ratio 0.02, compared with 0.06 in 2023, below 1; short-term debt: 52.6% and cash: 0.9% of total assets), and 96.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 18% on solvency, 14% on liquidity, 26% on profitability and 23% on growth.

The bankruptcy probability was computed on 27-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises risk
lowers risk · Size: total assets €706,551
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 26-09-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 52 days late; 1 of the last 3 late
NBB · filings
raises risk · No registered site in the KBO
KBO · seat and establishments
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
192021222324
2019 to 2024 · latest year -€3,326
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 89 days later.
NBB · 6 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline28-10-2026 today
raises risk · 2024 accounts filed 52 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-09-2025, 52 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filings
Deviation from the deadline
2025
not filed
2024
52 days late
2023
19 days late
2022
31 days early
2021
47 days late
2020
32 days early
2019
24 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 13 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Resignation: ROGMAN Emmanuel (manager)Appointment: ROGMAN Emmanuel (director) ·…

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 28 October 2026.

Equity
€25,361▼ 11.6%
2023 · €28,686
Total assets
€706,551▼ 1.7%
2023 · €718,811
Net result
-€3,326▲ 39.4%
2023 · -€5,490
Working capital
-€365,368▼ 19.1%
2023 · -€306,901
Trend over the years

2020 to 2024, 5 financial years 2019 to 2024, 6 financial years

The operating result stays negative: a loss of €1,764 in 2024 against €3,126 in 2023; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€1,764 2024 Net result-€3,326 2024

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line201920202021202220232024
Operating result-€2,095--€1,977▲ 5.7%-€1,973▲ 0.2%-€1,175▲ 40.5%-€3,126▼ 166%-€1,764▲ 43.6%
Net result-€9,069--€6,497▲ 28.4%-€5,921▲ 8.9%-€4,337▲ 26.7%-€5,490▼ 26.6%-€3,326▲ 39.4%
Equity€50,931-€44,434▼ 12.8%€38,513▼ 13.3%€34,176▼ 11.3%€28,686▼ 16.1%€25,361▼ 11.6%
Total assets€722,437-€726,369▲ 0.5%€706,411▼ 2.7%€719,704▲ 1.9%€718,811▼ 0.1%€706,551▼ 1.7%
Debt€671,507-€681,935▲ 1.6%€667,898▼ 2.1%€685,528▲ 2.6%€690,125▲ 0.7%€681,190▼ 1.3%
Working capital-€72,232--€130,639▼ 80.9%-€189,260▼ 44.9%-€247,100▼ 30.6%-€306,901▼ 24.2%-€365,368▼ 19.1%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €706,551
Fixed assets €700,000 =
Current assets €6,551 ▼ 65.2%
Equity and liabilities €706,551
Equity €25,361 ▼ 11.6%
Debt €681,190 ▼ 1.3%
Debt's share of the balance-sheet total rises from 96.0% to 96.4%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
Current ratio
0.02▼
2023 · 0.06
Debt to equity
26.86▲
2023 · 24.06
ROE
-13.1%▲
2023 · -19.1%
ROA
-0.5%▲
2023 · -0.8%
Debt ≤ 1 year
€371,919▲
2023 · €325,711
Debt > 1 year
€309,271▼
2023 · €364,413
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 30 lines
Balance sheet Code20232024
Assets
Total assets20/58€718,811€706,551▼
Fixed assets21/28€700,000€700,000=
Financial fixed assets28€700,000€700,000=
Current assets29/58€18,811€6,551▼
Amounts receivable within one year40/41€123-
Trade receivables40€123-
Cash at bank and in hand54/58€18,687€6,551▼
Equity and liabilities
Total equity and liabilities10/49€718,811€706,551▼
Equity10/15€28,686€25,361▼
Contributions10/11€60,000€60,000=
Profit (loss) carried forward14-€31,314-€34,639▼
Amounts payable17/49€690,125€681,190▼
Amounts payable after more than one year17€364,413€309,271▼
Financial debts170/4€64,413€9,271▼
Other amounts payable178/9€300,000€300,000=
Amounts payable within one year42/48€325,711€371,919▲
Current portion of amounts payable after more than one year42€54,311€55,142▲
Trade debts44-€1,117
Suppliers440/4-€1,117
Other amounts payable47/48€271,400€315,660▲
Income statement Code20232024
Other operating charges640/8€1,510€387▼
Gross operating margin9900-€1,616-€1,377▲
Operating profit (loss)9901-€3,126-€1,764▲
Financial charges65/66B€2,364€1,562▼
Recurring financial charges65€2,364€1,562▼
Profit (loss) for the period before taxes9903-€5,490-€3,326▲
Profit (loss) for the period9904-€5,490-€3,326▲
Profit (loss) for the period to be appropriated9905-€5,490-€3,326▲
Appropriation of the result
Profit (loss) to be appropriated9906-€31,314-€34,639▼
Profit (loss) brought forward from the previous period14P-€25,824-€31,314▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201920202021202220232024Change
Other operating charges640/8--€868€348€1,510€387▼ 74.4%
Gross operating margin9900-€1,400-€1,630-€1,105-€827-€1,616-€1,377▲ 14.8%
Operating profit (loss)9901-€2,095-€1,977-€1,973-€1,175-€3,126-€1,764▲ 43.6%
Financial charges65/66B--€3,948€3,163€2,364€1,562▼ 33.9%
Recurring financial charges65€6,974€4,520€3,948€3,163€2,364€1,562▼ 33.9%
Profit (loss) for the period before taxes9903-€9,069-€6,497-€5,921-€4,337-€5,490-€3,326▲ 39.4%
Profit (loss) for the period9904-€9,069-€6,497-€5,921-€4,337-€5,490-€3,326▲ 39.4%
Profit (loss) for the period to be appropriated9905-€9,069-€6,497-€5,921-€4,337-€5,490-€3,326▲ 39.4%
Line201920202021202220232024Change
Assets
Total assets20/58€722,437€726,369€706,411€719,704€718,811€706,551▼ 1.7%
Fixed assets21/28€700,000€700,000€700,000€700,000€700,000€700,000=
Financial fixed assets28€700,000€700,000€700,000€700,000€700,000€700,000=
Current assets29/58€22,437€26,369€6,411€19,704€18,811€6,551▼ 65.2%
Amounts receivable within one year40/41€267€303€639€839€123--
Trade receivables40----€123--
Other amounts receivable41--€639€839---
Cash at bank and in hand54/58€22,171€26,066€5,772€18,864€18,687€6,551▼ 64.9%
Equity and liabilities
Total equity and liabilities10/49€722,437€726,369€706,411€719,704€718,811€706,551▼ 1.7%
Equity10/15€50,931€44,434€38,513€34,176€28,686€25,361▼ 11.6%
Contributions10/11€60,000-€60,000€60,000€60,000€60,000=
Profit (loss) carried forward14-€9,069-€15,566-€21,487-€25,824-€31,314-€34,639▼ 10.6%
Amounts payable17/49€671,507€681,935€667,898€685,528€690,125€681,190▼ 1.3%
Amounts payable after more than one year17€576,838€524,927€472,227€418,725€364,413€309,271▼ 15.1%
Financial debts170/4--€172,227€118,725€64,413€9,271▼ 85.6%
Other amounts payable178/9--€300,000€300,000€300,000€300,000=
Amounts payable within one year42/48€94,669€157,008€195,671€266,803€325,711€371,919▲ 14.2%
Current portion of amounts payable after more than one year42--€52,700€53,502€54,311€55,142▲ 1.5%
Trade debts44-€1,098€971€301-€1,117-
Suppliers440/4--€971€301-€1,117-
Other amounts payable47/48--€142,000€213,000€271,400€315,660▲ 16.3%
Line201920202021202220232024Change
Profit (loss) for the period9904-€9,069-€6,497-€5,921-€4,337-€5,490-€3,326▲ 39.4%
Operating cash flow (approximation)-€9,069-€6,497-€5,921-€4,337-€5,490-€3,326▲ 39.4%
Investment in fixed assets (approximation)-€0€0€0€0€0-
Change in cash-€3,895-€20,294€13,093-€177-€12,137▼ 6,758%

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

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference
31-12-2024 micro format 21-09-2025 2025-00506572
31-12-2023 micro format 19-08-2024 2024-00353273
31-12-2022 micro format 30-06-2023 2023-00186476
31-12-2021 micro format 16-09-2022 2022-20432945
31-12-2020 micro format 29-06-2021 2021-27300056
31-12-2019 micro format 24-08-2020 2020-45800443

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, last change in 2024
ROGMAN Emmanuel
Director (not named in the articles) · since 23-01-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
1 of this company's 2 Belgian Official Gazette deeds has not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

1 person since 2024, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
ROGMAN Emmanuel
  • Manager, until 23-01-2024
  • Director (not named in the articles), from 23-01-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 23-01-2024 Converted to unavailable equity · €60,000

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

According to the 2024 annual accounts of ALCE and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 17 July 2018, ALCE was incorporated.1 Total assets went from €722,437 in 2019 to €706,551 in 2024.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2024

Acts, filings and financial milestones

2025
21-09
NBB filing Annual accounts filed
financial year 2024 · micro format · 52 days late
2024
19-08
NBB filing Annual accounts filed
financial year 2023 · micro format · 19 days late
23-01
Gazette deed Resignation: ROGMAN Emmanuel (manager)
Appointment: ROGMAN Emmanuel (director) · Permanent representative: ROGMAN Emmanuel · Capital conversion14 facts ▸
  • General meeting, 12-12-2023
  • Other provision, “adaptation des statuts au Code des sociétés et des associations, adapter les statuts” (deed in French)
  • Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
  • Other provision, “constitution de réserve légale”, 0 (deed in French)
  • Reserve release, “suppression, rendu disponible pour distribution” (deed in French)
  • Amendment of the articles
  • Other provision, “extrait des statuts” (deed in French)
  • Capital
  • Registered office clause, “4960 Malmedy, Avenue de la Gare”, 31 (deed in French)
  • Director resignation, ROGMAN Emmanuel (manager)
  • Director appointment, ROGMAN Emmanuel (director (not named in the articles))
  • Director discharge, ROGMAN Emmanuel
  • +2 further facts in this act
2023
30-06
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
16-09
NBB filing Annual accounts filed
financial year 2021 · micro format · 47 days late
2021
29-06
NBB filing Annual accounts filed
financial year 2020 · micro format
2020
24-08
NBB filing Annual accounts filed
financial year 2019 · micro format · 24 days late
Gazette deedNBB filing
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded17-07-2018
Financial year end31-12
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

What can you do?

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

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Malmedy
exact location from the address register On OpenStreetMap
Ground area
238 m²
Building footprint
131 m²
Building volume
1,787 m³
Parcel 63049D0048/00Y000, Wallonia · tallest building 16.7 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
63049D0048/00Y000 Wallonia 238 m² 1 · 131 m² 16.7 m · 5
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
One provision in the deed
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région wallonne” (deed in French)

deed of 23-01-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Avec ou sans limitation de durée, un ou plusieurs administrateurs” (deed in French)
“Rémunération des administrateurs, portée aux frais généraux indépendamment des frais éventuels de représentation voyages et déplacements” (deed in French)

deed of 23-01-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, titulaires peuvent prendre connaissance pour leurs titres” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Cessions entre vifs ou pour cause de mort à titre onéreux ou gratuit volontaires ou forcées en usufruit en nue-propriété ou en pleine…” (deed in French)

deed of 23-01-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Friday of June at 20:00

deed of 23-01-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Indivisibilité des titres, droits exercés par l'usufruitier en cas de démembrement usufruit et nue-propriété” (deed in French)
Other provision: “Gestion journalière, en tout temps” (deed in French)
Other provision: “Un ou plusieurs commissaires, contrôle de la société” (deed in French)
1 more provision in the deed, see the deed of 23-01-2024

deed of 23-01-2024