Equity
ALCEDI paid out €120,000 in dividends. That is 216% of the 2025 profit.
ALCEDI paid out €120,000 in dividends. That is 216% of the 2025 profit.
The result fell in 2025: the 2024 profit included a one-off income of €144,978.
The micro format states no turnover.
Mortgage mandates, new in 2025. 72.7% of equity · not in the 2024 accounts.
The last five annual accounts were filed 1 to 66 days before the end of the period.
More equity than 81% of companies in head offices and management consultancy. Sector median €79,301 · 41,267 companies.
In July 2024, 20,135 companies had the same profile as ALCEDI has now. Each dot stands for 51 companies, two years later.
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,135 companies, not a prediction for ALCEDI. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| ALCEDI Ittre | €592,724 | €134,400 | 53.1% | - |
| MAXA PROJECT Lasne | €567,899 | €129,476 | 36.6% | - |
| 1 TO 3 Lasne | €542,543 | €149,475 | 23.9% | - |
| E.A.ENTREPRISES Wavre | €538,184 | €160,625 | 97.9% | - |
| IMPULSE YOUR BUSINESS CYCLE Braine-le-Château | €625,958 | €132,658 | 91.4% | - |
| OSWOOD La Hulpe | €531,346 | €163,393 | 91.0% | - |
| V.B. CONSULTING Waterloo | €682,193 | €161,185 | 71.7% | - |
These companies have the same main activity as ALCEDI: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €531,000 and €682,000, founded between 2000 and 2005.
ALCEDI files the micro format. That format states no turnover. The gross margin rose from €17,643 in 2007 to €134,400 in 2025.
The balance sheet grew most from 2017 to 2018 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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