Equity
ALCO has made a profit without a break since 2019.
In July 2024, 17,044 companies had the same profile as ALCO has now. Each dot stands for 43 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
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 17,044 companies, not a prediction for ALCO. 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 | ||||
|---|---|---|---|---|
| ALCO Uccle | €86,056 | €26,273 | 55.8% | - |
| M.T.M. PNEUS Schaerbeek | €100,562 | €25,547 | 67.5% | - |
| SVENCO Schoten | €79,889 | €26,768 | 55.9% | - |
| CARTEC WALLONIE Liège | €108,175 | €26,700 | 95.0% | - |
| M.G.E. AUTOPARTS Haaltert | €75,575 | €25,057 | 72.8% | - |
| PP-GLASS Antwerp | €95,486 | €18,032 | 63.1% | - |
| BEERSE AUTOVERHUUR Beerse | €70,529 | €29,385 | -16.4% | - |
These companies have the same main activity as ALCO: retail sale of motor vehicle parts and accessories (NACE 47820). They are comparable in size and age: total assets between €70,500 and €108,000, founded between 1990 and 2003.
ALCO files the micro format. That format states no turnover. The gross margin rose from €3,307 in 2006 to €26,273 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €180,000. Estimated: probably between €73,000 and €540,000.
Higher than 69% of 25,263 companies in 2025.
Higher than 67% of 24,269 companies in 2025.
Higher than 34% of 24,459 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
In 2025, 2 people joined and 2 left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
86,056 | 55,673 | 49,139 | 45,233 | 41,189 | 41,719 | 34,080 | 30,510 | 41,167 | 41,167 | 50,777 | 42,757 | 38,204 | 34,023 | 24,786 | 19,161 | 17,908 | 30,173 | 30,187 | 31,507 | |
21/28 |
553 | 1,182 | 1,812 | 2,441 | 3,070 | 134 | 134 | 134 | 134 | 134 | 134 | 134 | 134 | 354 | 574 | 84 | 334 | 584 | 834 | 3,834 | |
22/27 |
419 | 1,049 | 1,678 | 2,307 | 2,936 | - | - | - | - | - | - | - | - | 220 | 440 | - | 250 | 500 | 750 | 3,750 | |
23 |
419 | 1,049 | 1,678 | 2,307 | 2,936 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
24 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 220 | 440 | - | 250 | 500 | 750 | 3,750 | |
28 |
134 | 134 | 134 | 134 | 134 | 134 | 134 | 134 | 134 | 134 | 134 | 134 | 134 | 134 | 134 | 84 | 84 | 84 | 84 | 84 | |
29/58 |
85,502 | 54,490 | 47,327 | 42,792 | 38,119 | 41,585 | 33,947 | 30,376 | 41,033 | 41,033 | 50,643 | 42,623 | 38,070 | 33,669 | 24,212 | 19,077 | 17,575 | 29,589 | 29,353 | 27,673 | |
3 |
63,000 | 5,786 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 13,125 | 13,125 | 14,145 | |
30/36 |
63,000 | 5,786 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 13,125 | 13,125 | 14,145 | |
40/41 |
- | 48,217 | 46,977 | 42,640 | 37,966 | 40,867 | 33,228 | 29,536 | 34,162 | 34,162 | 34,162 | 34,162 | 33,024 | 32,736 | 22,367 | 17,233 | 17,575 | 16,464 | 16,227 | 13,528 | |
40 |
- | 40,667 | 39,417 | 35,507 | 31,279 | 34,559 | 14,559 | 12,337 | 18,337 | 18,337 | 18,337 | 18,337 | 18,337 | 18,337 | 5,135 | - | - | 10,539 | 9,503 | 10,306 | |
41 |
- | 7,550 | 7,560 | 7,132 | 6,687 | 6,308 | 18,669 | 17,199 | 15,825 | 15,825 | 15,825 | 15,825 | 14,686 | 14,399 | 17,233 | 17,233 | 17,575 | 5,925 | 6,725 | 3,222 | |
54/58 |
22,502 | 487 | 350 | 153 | 153 | 718 | 718 | 840 | 6,871 | 6,871 | 16,481 | 8,461 | 5,046 | 933 | 1,845 | 1,845 | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
86,056 | 55,673 | 49,139 | 45,233 | 41,189 | 41,719 | 34,080 | 30,510 | 41,167 | 41,167 | 50,777 | 42,757 | 38,204 | 34,023 | 24,786 | 19,161 | 17,908 | 30,173 | 30,187 | 31,507 | |
10/15 |
47,998 | 47,943 | 47,699 | 43,932 | 39,534 | 38,722 | 33,574 | 28,791 | 41,167 | 41,167 | 49,881 | 41,972 | 37,058 | 30,942 | 20,252 | 18,680 | 17,908 | 12,626 | 12,350 | 13,068 | |
10/11 |
6,592 | 6,592 | 6,592 | 6,592 | 6,592 | 6,592 | 6,592 | 6,592 | 6,592 | 6,592 | 6,592 | 6,592 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | |
100 |
- | - | - | - | - | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
101 |
- | - | - | - | - | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | |
11 |
6,592 | 6,592 | 6,592 | 6,592 | 6,592 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1100/10 |
- | 6,592 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1109/19 |
6,592 | - | 6,592 | 6,592 | 6,592 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 620 | 620 | 620 | 620 | 620 | 620 | 620 | 620 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | 1,860 | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 620 | 620 | 620 | 620 | 620 | 620 | 620 | 620 | |
1311 |
1,860 | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
39,546 | 39,491 | 39,247 | 35,480 | 31,082 | 30,270 | 25,122 | 20,339 | 32,715 | 32,715 | 41,429 | 33,520 | 30,241 | 24,125 | 13,435 | 11,863 | 11,091 | 5,809 | 5,533 | 6,251 | |
17/49 |
38,057 | 7,729 | 1,440 | 1,301 | 1,654 | 2,997 | 507 | 1,719 | - | - | 896 | 785 | 1,145 | 3,081 | 4,534 | 481 | - | 17,547 | 17,837 | 18,439 | |
42/48 |
38,057 | 7,729 | 1,440 | 1,301 | 1,654 | 2,997 | 507 | 1,719 | - | - | 896 | 785 | 1,145 | 3,081 | 4,534 | 481 | - | 17,547 | 17,837 | 18,439 | |
43 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 17,218 | 17,218 | 16,588 | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 17,218 | 17,218 | 16,588 | |
44 |
22,100 | 571 | - | - | - | 1,919 | - | - | - | - | 896 | 785 | 1,145 | 81 | 4,206 | - | - | 177 | 619 | 1,850 | |
440/4 |
22,100 | 571 | - | - | - | 1,919 | - | - | - | - | 896 | 785 | 1,145 | 81 | 4,206 | - | - | 177 | 619 | 1,850 | |
45 |
13,957 | 7,158 | 1,440 | 1,301 | 1,654 | 1,077 | 507 | 1,719 | - | - | - | - | - | 3,000 | 328 | 481 | - | 152 | - | - | |
450/3 |
12,179 | 7,158 | - | - | - | - | - | - | - | - | - | - | - | - | 328 | 481 | - | 152 | - | - | |
454/9 |
1,778 | - | 1,440 | 1,301 | 1,654 | 1,077 | 507 | 1,719 | - | - | - | - | - | 3,000 | - | - | - | - | - | - | |
47/48 |
2,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Income statement | |||||||||||||||||||||
9900 |
26,273 | 19,073 | 21,959 | 21,445 | 22,664 | 18,623 | 12,064 | 6,974 | - | -6,896 | 9,069 | 6,322 | 9,912 | 14,816 | 5,659 | 3,316 | 8,210 | 894 | -220 | 3,307 | |
62 |
22,539 | 17,812 | 17,563 | 16,418 | 21,643 | 13,474 | 7,281 | 19,350 | - | - | - | - | - | - | - | - | - | - | - | - | |
630 |
629 | 629 | 629 | 629 | 210 | - | - | - | - | - | - | - | 220 | 220 | 220 | 250 | 250 | 250 | 250 | 1,250 | |
640/8 |
2,162 | 387 | - | - | - | - | - | - | - | 1,818 | 1,161 | 1,803 | 3,575 | 3,906 | 3,867 | 2,294 | 2,677 | 368 | 249 | 1,399 | |
9901 |
943 | 245 | 3,767 | 4,397 | 812 | 5,149 | 4,783 | -12,376 | - | -8,714 | 7,909 | 4,519 | 6,117 | 10,690 | 1,572 | 772 | 5,283 | 276 | -719 | 658 | |
65/66B |
75 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
65 |
75 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
868 | 244 | 3,767 | 4,397 | 812 | 5,149 | 4,783 | -12,376 | - | -8,714 | 7,909 | 4,519 | 6,117 | 10,690 | 1,572 | 772 | 5,283 | 276 | -719 | 658 | |
67/77 |
813 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9904 |
55 | 244 | 3,767 | 4,397 | 812 | 5,149 | 4,783 | -12,376 | - | -8,714 | 7,909 | 4,519 | 6,117 | 10,690 | 1,572 | 772 | 5,283 | 276 | -719 | 658 | |
9905 |
55 | 244 | 3,767 | 4,397 | 812 | 5,149 | 4,783 | -12,376 | - | -8,714 | 7,909 | 4,519 | 6,117 | 10,690 | 1,572 | 772 | 5,283 | 276 | -719 | 658 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
39,546 | 39,491 | 39,247 | 35,480 | 31,082 | 30,270 | 25,122 | 20,339 | 32,715 | 32,715 | 41,429 | 34,761 | 30,241 | 24,125 | 13,435 | 11,863 | 11,091 | 5,809 | 5,533 | 6,251 | |
14P |
39,491 | 39,247 | 35,480 | 31,082 | 30,270 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | 1,240 | - | - | - | - | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | 1,240 | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
1.3 | 1.3 | 1.3 | 1.3 | 1.3 | 0.5 | 0.5 | 0.5 | - | - | - | - | - | - | - | - | - | - | - | - | |
Hours worked1013 |
848 | 697 | 737 | 715 | 571 | 516 | 876 | 949 | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 6 older financial years (2000-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 17-09-2026.
2025 annual accounts filed 48 days after the deadline. Filed on 17 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00516511.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 17-09-2026 | 2026-00516511 | |
| 31-12-2024 | micro format | 26-09-2025 | 2025-00507925 | |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00431419 | |
| 31-12-2022 | micro format | 13-09-2023 | 2023-00447887 | |
| 31-12-2021 | micro format | 09-09-2022 | 2022-20428208 | |
| 31-12-2020 | micro format | 27-08-2021 | 2021-58900486 | |
| 31-12-2019 | micro format | 31-08-2020 | 2020-50200555 | |
| 31-12-2018 | micro format | 12-08-2019 | 2019-46900156 | |
| 31-12-2017 | micro format | 06-08-2018 | 2018-44500526 | |
| 31-12-2016 | micro format | 15-09-2017 | 2017-61400555 | |
| 31-12-2015 | full format | 14-09-2016 | 2016-60200120 | |
| 31-12-2014 | full format | 26-08-2015 | 2015-54900301 | |
| 31-12-2013 | full format | 28-08-2014 | 2014-48200070 | |
| 31-12-2012 | full format | 29-08-2013 | 2013-56200572 | |
| 31-12-2011 | full format | 16-08-2012 | 2012-42000182 | |
| 31-12-2010 | full format | 25-08-2011 | 2011-47300343 | |
| 31-12-2009 | full format | 23-08-2010 | 2010-44200485 | |
| 31-12-2008 | full format | 31-07-2009 | 2009-51800008 | |
| 31-12-2007 | full format | 25-08-2008 | 2008-59900295 | |
| 31-12-2006 | full format | 25-02-2008 | 2008-05900275 | |
| 31-12-2005 | full format | 23-08-2007 | 2007-58800280 | |
| 31-12-2004 | full format | 21-10-2005 | 2005-83201914 | |
| 31-12-2003 | full format | 29-07-2004 | 2004-53303781 | |
| 31-12-2002 | full format | 22-07-2003 | 2003-47700433 | |
| 31-12-2001 | full format | 19-07-2002 | 2002-39801220 | |
| 31-12-2000 | full format | 19-12-2001 | 2001-76603813 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,572 | 874 | 4,397 | 5,027 | 1,022 | - | - | - | - | - | - | - | 6,337 | 10,910 | 1,792 | 1,022 | 5,533 | 526 | -469 | 1,908 | ||
| 684 | 873 | 4,397 | 5,027 | 1,022 | - | - | - | - | - | - | - | 6,337 | 10,910 | 1,792 | 1,022 | 5,533 | 526 | -469 | 1,908 | ||
| 0 | 0 | 0 | 0 | 3,146 | - | - | - | - | - | - | - | 0 | 0 | 660 | 0 | 0 | 0 | 1,000 | 5,000 | ||
| 22,015 | 137 | 198 | 0 | -566 | 0 | -122 | -6,031 | 0 | -9,610 | 8,020 | 3,415 | 4,114 | -912 | 0 | - | - | - | - | - | ||
| 47,445 | 46,761 | 45,888 | 41,491 | 36,464 | 38,589 | 33,440 | 28,657 | - | - | 49,747 | 41,839 | 36,925 | 30,588 | 19,678 | 18,597 | - | 12,042 | 11,516 | 9,235 | ||
| 55.8% | 86.1% | 97.1% | 97.1% | 96.0% | 92.8% | 98.5% | 94.4% | 100.0% | 100.0% | 98.2% | 98.2% | 97.0% | 90.9% | 81.7% | 97.5% | 100.0% | 41.8% | 40.9% | 41.5% | ||
| 2.25 | 7.05 | 32.87 | 32.88 | 23.04 | 13.88 | 66.97 | 17.67 | - | - | 56.52 | 54.33 | 33.24 | 10.93 | 5.34 | 39.67 | - | 1.69 | 1.65 | 1.50 | ||
| 0.59 | 6.30 | 32.87 | 32.88 | 23.04 | 13.88 | 66.97 | 17.67 | - | - | 56.52 | 54.33 | 33.24 | 10.93 | 5.34 | 39.67 | - | 0.94 | 0.91 | 0.73 | ||
| 0.79 | 0.16 | 0.03 | 0.03 | 0.04 | 0.08 | 0.02 | 0.06 | - | - | 0.02 | 0.02 | 0.03 | 0.10 | 0.22 | 0.03 | - | 1.39 | 1.44 | 1.41 | ||
| 0.1% | 0.5% | 7.9% | 10.0% | 2.1% | 13.3% | 14.2% | -43.0% | - | -21.2% | 15.9% | 10.8% | 16.5% | 34.5% | 7.8% | 4.1% | 29.5% | 2.2% | -5.8% | 5.0% | ||
| 0.1% | 0.4% | 7.7% | 9.7% | 2.0% | 12.3% | 14.0% | -40.6% | - | -21.2% | 15.6% | 10.6% | 16.0% | 31.4% | 6.3% | 4.0% | 29.5% | 0.9% | -2.4% | 2.1% | ||
| 20.96 | over 100 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | 2 | 103 | 2 | 1 |
| part-time | 2 | 2 | 103 | 2 | 1 |
| in full-time equivalents | 0.8 | 0.7 | - | 0.7 | 0.3 |
| 0.5 | 0.4 | 0.4 | 0.4 | 0.5 | |
| On a permanent contract | 1 | 1 | 1 | 1 | - |
| Joined | 2 | 1 | 2 | 2 | 1 |
| Left | 2 | 0 | 2 | 1 | 1 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | - | €3,146 |
| €629 | €629 | €629 | €629 | €210 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is nearly 3.9 times that of 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 13.9% to 44.2%. Equity and debt are higher.
ALCO has no parent and no holdings in its annual accounts. is the only director. ALCO shares no director with another company.
| RENOV TT
registered office since 25-06-2019 · founded in 2019 |
total assets €39,365 (2026) 0728.855.426 |
| Shaburishvili, Nino (sole trader)
establishment since 11-10-2013 |
founded in 2013 0540.784.502 |
| Tǎran Bugǎrin, Ovidiu (sole trader)
establishment since 03-10-2011 |
founded in 2011 0839.852.625 |
| LANIS
registered office since 21-02-2011 |
founded in 2011 0833.903.753 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Alphonse XIII laan 5 registered office 1180 Uccle | ||
| Chaussée de Bruxelles 4 1470 Genappe 4671301 Wholesale trade | 28-01-2000 | 2.093.581.682 |
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25003D0039/00G000 | Wallonia | 4,898 m² | 1 · 3,230 m² | 10.2 m · 2 |
| 21614H0002/00G005 | Brussels | 440 m² | 1 · 169 m² | 13.6 m · 4 |
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