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ALCOM

Active
Public limited companyfounded 198541 yrs activeKempische steenweg 89, 3500 Hasselt, BelgiumKBO/BCE: BE 0427.499.487
Summary

ALCOM has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62,841 and a net result of €16,831. Equity is shrinking by ~28.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+62
Solvency100▲+9
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 2.71 against 1.25 in 2024; short-term debt: 0.6% and cash: 1.5% of total assets), and 0.6% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 41 years 0 50 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
99.4%
Return on assets
26.6%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €62,841
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-02-2026, 157 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
157 d early
2024
73 d early
2023
26 d late
2022
55 d early
2021
17 d early
2020
30 d late
2019
19 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 32 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 4 July 1985, ALCOM was incorporated.1 Total assets went from EUR 742,383 in 2018 to EUR 63,200 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€62,841▲ 36.6%
2024 · €46,010
Total assets
€63,200▼ 9.9%
2024 · €70,161
Net result
€16,831▲ 13,929%
2024 · €120
Working capital
€613▲ 527%
2024 · €98
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€7,587▲ 21.4%-€686,932€1,824€255▼ 86.0%€665▲ 161%
Net result€5,480▲ 21.5%-€687,052€1,704€120▼ 93.0%€16,831▲ 13,929%
Equity€731,238▲ 0.8%€44,186▼ 94.0%€45,891▲ 3.9%€46,010▲ 0.3%€62,841▲ 36.6%
Total assets€758,608▲ 0.7%€69,925▼ 90.8%€69,933=€70,161▲ 0.3%€63,200▼ 9.9%
Debt€27,370▼ 1.7%€25,739▼ 6.0%€24,042▼ 6.6%€24,150▲ 0.4%€359▼ 98.5%
Working capital€685,325▲ 0.8%-€1,726-€22▲ 98.7%€98€613▲ 527%
Staff (FTE)000
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€800,000-€600,000-€400,000-€200,000€0Operating result 2021: €7,587€7,587Net result 2021: €5,480€5,480Operating result 2022: -€686,932-€686,932Net result 2022: -€687,052-€687,052Operating result 2023: €1,824€1,824Net result 2023: €1,704€1,704Operating result 2024: €255€255Net result 2024: €120€120Operating result 2025: €665€665Net result 2025: €16,831€16,83120212022202320242025€0€5,000€10,000€15,000Operating result 2023: €1,824€1,820Net result 2023: €1,704€1,700Operating result 2024: €255€255Net result 2024: €120€120Operating result 2025: €665€665Net result 2025: €16,831€16,800202320242025
The operating result recovers in 2025; 2025 is 161% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €63,200
Fixed assets €62,228 ▼ 10.7%
Current assets €972 ▲ 96.0%
Equity and liabilities €63,200
Equity €62,841 ▲ 36.6%
Debt €359 ▼ 98.5%
Debt's share of the balance-sheet total falls from 34.4% to 0.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Current ratio
2.71▲
2024 · 1.25
Debt to equity
0.01▼
2024 · 0.52
ROE
26.8%▲
2024 · 0.3%
ROA
26.6%▲
2024 · 0.2%
Debt ≤ 1 year
€359▼
2024 · €398
Debt > 1 year
€0▼
2024 · €23,752
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.4% went bankrupt
5.9% stopped otherwise
93% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 31,349 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€70,161€63,200▼
Fixed assets21/28€69,665€62,228▼
Tangible fixed assets22/27€62,228€62,228=
Land and buildings22€62,228€62,228=
Financial fixed assets28€7,437€0▼
Current assets29/58€496€972▲
Cash at bank and in hand54/58€496€972▲
Equity and liabilities
Total equity and liabilities10/49€70,161€63,200▼
Equity10/15€46,010€62,841▲
Contributions10/11€309,867€309,867=
Capital10€309,867€309,867=
Issued capital100€309,867€309,867=
Reserves13€423,195€440,026▲
Non-distributable reserves130/1€21,944€22,786▲
Legal reserve130€21,944€22,786▲
Distributable reserves133€401,251€417,240▲
Profit (loss) carried forward14-€687,052-€687,052=
Amounts payable17/49€24,150€359▼
Amounts payable after more than one year17€23,752€0▼
Other amounts payable178/9€23,752€0▼
Amounts payable within one year42/48€398€359▼
Trade debts44€398€359▼
Suppliers440/4€398€359▼
Income statement Code20242025
Other operating charges640/8€16,091€16,587▲
Gross operating margin9900€16,346€17,252▲
Operating profit (loss)9901€255€665▲
Financial income75/76B-€16,315
Recurring financial income75-€16,315
Financial charges65/66B€135€150▲
Recurring financial charges65€135€150▲
Profit (loss) for the period before taxes9903€120€16,831▲
Profit (loss) for the period9904€120€16,831▲
Profit (loss) for the period to be appropriated9905€120€16,831▲
Appropriation of the result
Profit (loss) to be appropriated9906-€686,932-€670,221▲
Profit (loss) brought forward from the previous period14P-€687,052-€687,052=
Transfer to equity691/2€120€16,831▲
To the legal reserve6920€6€842▲
To other reserves6921€114€15,989▲
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€14,229€14,676€15,488€16,091€16,587▲ 3.1%
Non-recurring operating charges66A-€667,828€0---
Gross operating margin9900€21,816-€4,428€17,312€16,346€17,252▲ 5.5%
Operating profit (loss)9901€7,587-€686,932€1,824€255€665▲ 161%
Financial income75/76B----€16,315-
Recurring financial income75----€16,315-
Financial charges65/66B€120€120€120€135€150▲ 11.1%
Recurring financial charges65€120€120€120€135€150▲ 11.1%
Profit (loss) for the period before taxes9903€7,467-€687,052€1,704€120€16,831▲ 13,929%
Income taxes67/77€1,986-----
Profit (loss) for the period9904€5,480-€687,052€1,704€120€16,831▲ 13,929%
Profit (loss) for the period to be appropriated9905€5,480-€687,052€1,704€120€16,831▲ 13,929%
Line20212022202320242025Change
Assets
Total assets20/58€758,608€69,925€69,933€70,161€63,200▼ 9.9%
Fixed assets21/28€69,665€69,665€69,665€69,665€62,228▼ 10.7%
Tangible fixed assets22/27€62,228€62,228€62,228€62,228€62,228=
Land and buildings22€62,228€62,228€62,228€62,228€62,228=
Financial fixed assets28€7,437€7,437€7,437€7,437€0▼ 100%
Current assets29/58€688,943€260€268€496€972▲ 96.0%
Amounts receivable after more than one year29€686,978-----
Other amounts receivable291€686,978-----
Cash at bank and in hand54/58€1,965€260€268€496€972▲ 96.0%
Equity and liabilities
Total equity and liabilities10/49€758,608€69,925€69,933€70,161€63,200▼ 9.9%
Equity10/15€731,238€44,186€45,891€46,010€62,841▲ 36.6%
Contributions10/11€309,867€309,867€309,867€309,867€309,867=
Capital10€309,867€309,867€309,867€309,867€309,867=
Issued capital100€309,867€309,867€309,867€309,867€309,867=
Reserves13€421,371€421,371€423,075€423,195€440,026▲ 4.0%
Non-distributable reserves130/1€21,853€21,853€21,938€21,944€22,786▲ 3.8%
Legal reserve130€21,853€21,853€21,938€21,944€22,786▲ 3.8%
Distributable reserves133€399,518€399,518€401,137€401,251€417,240▲ 4.0%
Profit (loss) carried forward14--€687,052-€687,052-€687,052-€687,052=
Amounts payable17/49€27,370€25,739€24,042€24,150€359▼ 98.5%
Amounts payable after more than one year17€23,752€23,752€23,752€23,752€0▼ 100%
Other amounts payable178/9€23,752€23,752€23,752€23,752€0▼ 100%
Amounts payable within one year42/48€3,618€1,986€290€398€359▼ 9.9%
Trade debts44€1,631€1,986€290€398€359▼ 9.9%
Suppliers440/4€1,631€1,986€290€398€359▼ 9.9%
Taxes, remuneration and social security45€1,986-----
Taxes450/3€1,986-----
Line20212022202320242025Change
Profit (loss) for the period9904€5,480-€687,052€1,704€120€16,831▲ 13,929%
Operating cash flow (approximation)€5,480-€687,052€1,704€120€16,831▲ 13,929%
Investment in fixed assets (approximation)-€0€0€0€7,437-
Change in cash--€1,705€8€228€476▲ 109%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-02
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Highest result since 2018net €16,831 ▲13,929%
Net result €16,831, the highest in the series.
31-12
Financial Liquidity doublescurrent ratio 2.71
Current ratio from 1.25 to 2.71; short-term debt falls from €398 to €359.
19-05
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
31-12
Financial Back to profitnet €1,704
Net result €1,704 after one loss-making year.
06-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet -€687,052
Net result drops to -€687,052, the lowest in the series; recovery starts the following year.
14-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
19-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 19 days late
2019
09-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
16-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
10-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
6 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, Hasselt · 2 establishment units since 1985
seat establishment All 2 establishment units on the map
Ground area
1.2 ha
Building footprint
4,702 m²
Volume, LiDAR
23,794 m³
3 parcels, Flanders · tallest building 11.6 m, ±2 floors. Linked by address, not a title deed.
8 companies at this address See who is registered here
2 establishment units
ALCOM NV
St. Antoniusweg 31, 3910 Pelt
since 19852.027.551.705
Hasseltweg 95, 3600 Genk
NACE 5010401
since 19852.027.551.804
3 parcels
Flanders 3 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71306G0080/00B021 Flanders 7,223 m² 1 · 2,329 m² 9.4 m · 2 fl.
72362C0283/00H000 Flanders 3,102 m² 1 · 2,139 m² 11.6 m · 2 fl.
71323C0228/00E000 Flanders 1,458 m² 1 · 233 m² 7.3 m · 2 fl.
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2022 list no shareholders, and no other source names one.

Holdings 1

According to the 2022 annual accounts of ALCOM and those of the other companies, the acts in the Belgian Gazette and the LEI register. 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 fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPublic limited company
Founded04-07-1985
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0427499487
Registered 14-08-2026

Register as of 27 September 2026 · Peppol Directory

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