ALCO
ActiveSummary
ALCO has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47,998 and a net result of €55. Equity is growing by ~7% per year across the filed fiscal years. Its solvency ranks better than 68% of 10522 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69=
Solvency81▼-19
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 2.25 against 7.05 in 2024; short-term debt: 44.2% and cash: 26.1% of total assets), and 44.2% 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
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
55.8%
Return on assets
0.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-09-2026, 48 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 · 10 filingsDeviation from the deadline
2025
48 d late
2024
57 d late
2023
29 d late
2022
44 d late
2021
40 d late
2020
27 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 39 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 13 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€47,998▲ 0.1%
2024 · €47,943
Total assets
€86,056▲ 54.6%
2024 · €55,673
Net result
€55▼ 77.5%
2024 · €244
Working capital
€47,445▲ 1.5%
2024 · €46,761
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€812▼ 84.2%€4,397▲ 442%€3,767▼ 14.3%€245▼ 93.5%€943▲ 285%
Net result€812within the sector's middle half▼ 84.2%€4,397within the sector's middle half▲ 442%€3,767within the sector's middle half▼ 14.3%€244within the sector's middle half▼ 93.5%€55below the sector's middle half▼ 77.5%
Equity€39,534within the sector's middle half▲ 2.1%€43,932within the sector's middle half▲ 11.1%€47,699within the sector's middle half▲ 8.6%€47,943within the sector's middle half▲ 0.5%€47,998below the sector's middle half▲ 0.1%
Total assets€41,189below the sector's middle half▼ 1.3%€45,233below the sector's middle half▲ 9.8%€49,139below the sector's middle half▲ 8.6%€55,673below the sector's middle half▲ 13.3%€86,056below the sector's middle half▲ 54.6%
Debt€1,654▼ 44.8%€1,301▼ 21.3%€1,440▲ 10.6%€7,729▲ 437%€38,057▲ 392%
Working capital€36,464within the sector's middle half▼ 5.5%€41,491within the sector's middle half▲ 13.8%€45,888within the sector's middle half▲ 10.6%€46,761within the sector's middle half▲ 1.9%€47,445within the sector's middle half▲ 1.5%
Solvency96.0%above the sector's middle half▲ 3.2pp97.1%above the sector's middle half▲ 1.1pp97.1%above the sector's middle half▼ 0.1pp86.1%above the sector's middle half▼ 11.0pp55.8%within the sector's middle half▼ 30.3pp
Current ratio23.04above the sector's middle half▲ 9.1632.88above the sector's middle half▲ 9.8432.87above the sector's middle half▼ 0.017.05above the sector's middle half▼ 25.822.25within the sector's middle half▼ 4.80
Return on assets (ROA)2.0%within the sector's middle half▼ 10.4pp9.7%within the sector's middle half▲ 7.8pp7.7%within the sector's middle half▼ 2.1pp0.4%within the sector's middle half▼ 7.2pp0.1%below the sector's middle half▼ 0.4pp
Staff (FTE)1.3▲ 160%1.3=1.3=1.3=1.3below the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 285% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €86,056
Fixed assets
€553 ▼ 53.2%
Current assets
€85,502 ▲ 56.9%
Equity and liabilities €86,056
Equity
€47,998 ▲ 0.1%
Debt
€38,057 ▲ 392%
Debt's share of the balance-sheet total rises from 13.9% to 44.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1,572▲
2024 · €874
Cash flow
€684▼
2024 · €873
Quick ratio
0.59▼
2024 · 6.30
Debt to equity
0.79▲
2024 · 0.16
ROE
0.1%▼
2024 · 0.5%
Interest coverage
20.96▼
2024 · 2299.58
Debt ≤ 1 year
€38,057▲
2024 · €7,729
Income taxes
€813
Staff costs
€22,539▲
2024 · €17,812
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,039 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% | 1.9% |
| 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 17,039 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €21,643 | €16,418 | €17,563 | €17,812 | €22,539 | ▲ 26.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €210 | €629 | €629 | €629 | €629 | = |
| Other operating charges640/8 | - | - | - | €387 | €2,162 | ▲ 458% |
| Gross operating margin9900 | €22,664 | €21,445 | €21,959 | €19,073 | €26,273 | ▲ 37.8% |
| Operating profit (loss)9901 | €812 | €4,397 | €3,767 | €245 | €943 | ▲ 285% |
| Financial charges65/66B | - | - | - | €0 | €75 | ▲ 19,637% |
| Recurring financial charges65 | - | - | - | €0 | €75 | ▲ 19,637% |
| Profit (loss) for the period before taxes9903 | €812 | €4,397 | €3,767 | €244 | €868 | ▲ 255% |
| Income taxes67/77 | - | - | - | - | €813 | - |
| Profit (loss) for the period9904 | €812 | €4,397 | €3,767 | €244 | €55 | ▼ 77.5% |
| Profit (loss) for the period to be appropriated9905 | €812 | €4,397 | €3,767 | €244 | €55 | ▼ 77.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €41,189 | €45,233 | €49,139 | €55,673 | €86,056 | ▲ 54.6% |
| Fixed assets21/28 | €3,070 | €2,441 | €1,812 | €1,182 | €553 | ▼ 53.2% |
| Tangible fixed assets22/27 | €2,936 | €2,307 | €1,678 | €1,049 | €419 | ▼ 60.0% |
| Plant, machinery and equipment23 | €2,936 | €2,307 | €1,678 | €1,049 | €419 | ▼ 60.0% |
| Financial fixed assets28 | €134 | €134 | €134 | €134 | €134 | = |
| Current assets29/58 | €38,119 | €42,792 | €47,327 | €54,490 | €85,502 | ▲ 56.9% |
| Stocks and contracts in progress3 | - | - | - | €5,786 | €63,000 | ▲ 989% |
| Stocks30/36 | - | - | - | €5,786 | €63,000 | ▲ 989% |
| Amounts receivable within one year40/41 | €37,966 | €42,640 | €46,977 | €48,217 | - | - |
| Trade receivables40 | €31,279 | €35,507 | €39,417 | €40,667 | - | - |
| Other amounts receivable41 | €6,687 | €7,132 | €7,560 | €7,550 | - | - |
| Cash at bank and in hand54/58 | €153 | €153 | €350 | €487 | €22,502 | ▲ 4,516% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €41,189 | €45,233 | €49,139 | €55,673 | €86,056 | ▲ 54.6% |
| Equity10/15 | €39,534 | €43,932 | €47,699 | €47,943 | €47,998 | ▲ 0.1% |
| Contributions10/11 | €6,592 | €6,592 | €6,592 | €6,592 | €6,592 | = |
| Outside capital11 | €6,592 | €6,592 | €6,592 | €6,592 | €6,592 | = |
| Share premium1100/10 | - | - | - | €6,592 | - | - |
| Other1109/19 | €6,592 | €6,592 | €6,592 | - | €6,592 | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | - | - | €1,860 | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | - | €1,860 | - |
| Profit (loss) carried forward14 | €31,082 | €35,480 | €39,247 | €39,491 | €39,546 | ▲ 0.1% |
| Amounts payable17/49 | €1,654 | €1,301 | €1,440 | €7,729 | €38,057 | ▲ 392% |
| Amounts payable within one year42/48 | €1,654 | €1,301 | €1,440 | €7,729 | €38,057 | ▲ 392% |
| Trade debts44 | - | - | - | €571 | €22,100 | ▲ 3,770% |
| Suppliers440/4 | - | - | - | €571 | €22,100 | ▲ 3,770% |
| Taxes, remuneration and social security45 | €1,654 | €1,301 | €1,440 | €7,158 | €13,957 | ▲ 95.0% |
| Taxes450/3 | - | - | - | €7,158 | €12,179 | ▲ 70.1% |
| Remuneration and social security454/9 | €1,654 | €1,301 | €1,440 | - | €1,778 | - |
| Other amounts payable47/48 | - | - | - | - | €2,000 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €812 | €4,397 | €3,767 | €244 | €55 | ▼ 77.5% |
| + Depreciation and write-downs630 | €210 | €629 | €629 | €629 | €629 | = |
| Operating cash flow (approximation) | €1,022 | €5,027 | €4,397 | €873 | €684 | ▼ 21.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €0 | €198 | €137 | €22,015 | ▲ 15,944% |
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
2026
17-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 48 days late
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
13-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 44 days late
2022
09-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 40 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Highest result since 2018net €5,149 ▲7.7%
Operating result €5,149, net result €5,149, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Back to profitnet €4,783
Net result €4,783 after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 66.97
Current ratio from 17.67 to 66.97; short-term debt falls from €1,719 to €507.
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
2018
06-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 6 days late
2017
15-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 46 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Ukkel · 1 establishment unit since 2000
Ground area
5,337 m²
Building footprint
3,399 m²
Volume, LiDAR
14,456 m³
2 parcels, Brussels, Wallonia · tallest building 13.6 m, ±4 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Chaussée de Bruxelles 4, 1470 Genappe
since 20002.093.581.682
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25003D0039/00G000 | Wallonia | 4,898 m² | 1 · 3,230 m² | 10.2 m · 2 fl. |
| 21614H0002/00G005 | Brussels | 440 m² | 1 · 169 m² | 13.6 m · 4 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.
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Of 2,445 companies in sector 47820 we hold annual accounts for 780. 556 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-11-1999
Fiscal year end31-12
Activities, NACEBEL 2025
95315Tyre services
47820Retail sale of motor vehicle parts and accessories
46720Wholesale of motor vehicle parts and accessories
E-invoicing
Reachable via Peppol
Peppol ID
0208:0467214653
Also
9925:BE0467214653
Registered
05-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.