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ALCO

Active Private limited company (pre-2019)founded 2014active for 12 yearsRue Ferrer 4, 4100 SeraingKBO/BCE: BE 0545.804.845

Lifetime

11 annual accounts with figures on one time axis
peak €66,388 (2025)
€66,388▲ 168%
lowest -€103,382 (2024)
-€33,602▲ €69,780
peak €13,189 (2018)
-€229,555▼ €33,602
€619,934▼ 0.7%
Board2 names since 2018
1 director
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Gross margin from €24,793 to €66,388Loss of €33,602Equity from -€195,953 to -€229,555Cash from €8,673 to €81

Key points

from the 2025 annual accounts

Equity

-€229,555
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€242,744 in seven years
-4142019-7,3662020-8,7512021-51,4322022-37,7972023-103,3822024-33,6022025

Every financial year from 2019 to 2025 closed with a loss. 2024 was the heaviest.

Turnover

≈ €200,000 estimated

The accounts state no turnover.

Debts

€619,934 159% of the balance sheet
Financial debts 80%Suppliers 2%Other 18%

Of this, €148,765 falls due within a year.

Filings

11 annual accounts since 2015
AprilJune31 JulyOctober201520202025

Nine of the last ten came late. The 2022 accounts came latest: 659 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,333 companies had the same profile as ALCO has now. Each dot stands for 6 companies, two years later.

90.5%
were still trading
5.9%
stopped another way
2.8%
went bankrupt
  • Micro
  • 10 to 20 years old
  • negative equity
  • a small loss

Another 0.8% stopped without a precise date, possibly only after those two years.

Test of the method

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2,333 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.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Manager, since 01-01-2018
Board & ownership

Recent changes

Bankruptcy reversal Enterprise Court of Liège, Liège division · judgment of 29-12-2025 · Bankruptcy
New manager appointed, resigned · General meeting of 01-01-2018 · Gazette deed
Incorporation published on 24-02-2014 · Gazette deed
First establishment Rue Ferrer 4, Seraing
All 20 events

Official details

Source: KBO
Status
Active since 05-02-2014Normal situation
Activity
No activity registered in the KBO
Establishment unit
2.239.188.3824100 Seraing, since 05-02-2014
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2025

€390,379▼ 8.9%
Filing
Filed on 31-07-2026, on the last day of the filing period
Financials

Insights on ALCO

ALCO files the micro format. That format states no turnover. The gross margin rose from €9,543 in 2015 to €66,388 in 2025.

The balance sheet grew most in 2019 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.

Key facts about ALCO

What is the company number of ALCO?
The company number of ALCO is 0545.804.845. The VAT number is the same number with BE in front: BE 0545.804.845.
Where is ALCO based?
The registered office is at Rue Ferrer 4, 4100 Seraing.Company details
What is the legal form of ALCO?
ALCO is a private limited company (pre-2019) (BVBA).
When was ALCO founded?
ALCO was founded on 05-02-2014.
Is ALCO still active?
Yes, ALCO is an active enterprise in the KBO register.
What is the turnover of ALCO?
The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €66,388 and 2,662 comparable companies of the same size. It probably lies between €130,000 and €350,000. It is a rough estimate. In financial year 2019 turnover was €76,700.Financials
Is ALCO profitable?
In financial year 2025, ALCO made a loss of €33,602.
Where can I find the annual accounts of ALCO?
ALCO filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ALCO due?
ALCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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