Summary
ALCOPA is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €372.9m and a net result of €1.0m. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 95% of 2413 sector peers (fiscal year 2025). The company has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 05-05-2026, 87 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
87 d early
2024
73 d early
2023
79 d early
2022
81 d early
2021
75 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 79 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema, statutory accounts
In the rankings
#1 company by total assets in Kontich, Finance and insurance sector#1 company by equity in Kontich, Finance and insurance sector#2 oldest company in Kontich, Finance and insurance sector
Equity
€372.9m▲ 0.3%
2024 · €371.9m
Net result
€1.0m▼ 96.7%
2024 · €32.0m
Total assets
€373.7m▼ 0.5%
2024 · €375.4m
Solvency
99.8%▲ 0.7pp
2024 · 99.1%
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
Turnover€719,393€411,562▼ 42.8%€340,728▼ 17.2%
Operating result-€435,940▲ 33.2%-€823,908▼ 89.0%-€1.3m▼ 61.9%-€1.7m▼ 24.2%-€697,588▲ 57.9%
Net result€5.0m▼ 91.9%€3.0m▼ 40.0%€1.3m▼ 56.8%€32.0m▲ 2,391%€1.0m▼ 96.7%
Equity€407.3m▼ 1.7%€388.8m▼ 4.5%€375.9m▼ 3.3%€371.9m▼ 1.1%€372.9m▲ 0.3%
Total assets€461.2m▼ 4.0%€410.7m▼ 10.9%€392.1m▼ 4.5%€375.4m▼ 4.3%€373.7m▼ 0.5%
Debt€53.8m▼ 18.4%€21.9m▼ 59.3%€16.2m▼ 26.1%€3.5m▼ 78.4%€741,926▼ 78.8%
Working capital€94.8m▼ 6.6%€76.4m▼ 19.4%€61.6m▼ 19.3%€52.5m▼ 14.9%€49.5m▼ 5.6%
Solvency88.3%▲ 2.1pp94.7%▲ 6.3pp95.9%▲ 1.2pp99.1%▲ 3.2pp99.8%▲ 0.7pp
Staff (FTE)11.3▲ 30.0%1.3=
Why a figure moved sharply
- 2025 Net result -97% on 2024. Cause not known from the registers.
- 2024 Net result +2,391% on 2023. Cause not known from the registers.
- 2023 Net result -57% on 2022. Cause not known from the registers.
- 2021 Net result -92% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €697,588 in 2025 against €1.7m in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €373.7m
Fixed assets
€323.4m ▲ 1.3%
Current assets
€50.3m ▼ 10.2%
Equity and liabilities €373.7m
Equity
€372.9m ▲ 0.3%
Debt
€741,926 ▼ 78.8%
Debt's share of the balance-sheet total falls from 0.9% to 0.2%. Equity is higher and debt is lower.
Key figures and ratios
ROE
0.3%▼
2024 · 8.6%
ROA
0.3%▼
2024 · 8.5%
Debt ≤ 1 year
€741,926▼
2024 · €3.5m
Income taxes
€375▼
2024 · €41,040
Staff costs
€66,718▲
2024 · €66,159
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €2,534 | €2,083 | €886,032 | €498,669 | €1.0m | ▲ 104% |
| Turnover70 | - | - | €719,393 | €411,562 | €340,728 | ▼ 17.2% |
| Other operating income74 | €2,534 | €2,083 | €166,638 | €87,108 | €84,999 | ▼ 2.4% |
| Non-recurring operating income76A | - | - | - | - | €593,023 | - |
| Operating charges60/66A | €438,474 | €825,991 | €2.2m | €2.2m | €1.7m | ▼ 20.4% |
| Services and other goods61 | €433,925 | €822,161 | €1.5m | €1.9m | €1.3m | ▼ 27.4% |
| Remuneration, social security and pensions62 | - | - | €60,957 | €66,159 | €66,718 | ▲ 0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,354 | €2,785 | €138,282 | €131,959 | €262,392 | ▲ 98.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €31,550 | -€31,550 | ▼ 200% |
| Other operating charges640/8 | €1,194 | €1,045 | €514,836 | €67,551 | €70,205 | ▲ 3.9% |
| Operating profit (loss)9901 | -€435,940 | -€823,908 | -€1.3m | -€1.7m | -€697,588 | ▲ 57.9% |
| Financial income75/76B | €6.1m | €4.1m | €2.7m | €76.9m | €1.8m | ▼ 97.7% |
| Recurring financial income75 | €6.1m | €4.1m | €2.7m | €33.7m | €1.8m | ▼ 94.8% |
| Income from financial fixed assets750 | €41 | €4 | €5 | €31.0m | - | - |
| Income from current assets751 | €6.1m | €4.1m | €2.7m | €2.6m | €1.7m | ▼ 32.3% |
| Other financial income752/9 | - | - | - | €98,630 | €4,500 | ▼ 95.4% |
| Non-recurring financial income76B | €449 | €1,232 | €1,514 | €43.2m | - | - |
| Financial charges65/66B | €396,332 | €145,058 | €52,000 | €43.2m | €8,536 | ▼ 100.0% |
| Recurring financial charges65 | €377,265 | €145,058 | €51,989 | €2,201 | €8,536 | ▲ 288% |
| Debt charges650 | €366,517 | €129,212 | €45,584 | €59 | €30 | ▼ 48.5% |
| Other financial charges652/9 | €10,748 | €15,847 | €6,405 | €2,142 | €8,506 | ▲ 297% |
| Non-recurring financial charges66B | €19,067 | - | €11 | €43.2m | - | - |
| Profit (loss) for the period before taxes9903 | €5.2m | €3.1m | €1.3m | €32.0m | €1.0m | ▼ 96.7% |
| Income taxes67/77 | €286,923 | €152,808 | €61,058 | €41,040 | €375 | ▼ 99.1% |
| Taxes670/3 | €313,500 | €152,808 | €61,058 | €41,040 | €375 | ▼ 99.1% |
| Tax adjustments and reversals of tax provisions77 | €26,576 | - | - | - | - | - |
| Profit (loss) for the period9904 | €5.0m | €3.0m | €1.3m | €32.0m | €1.0m | ▼ 96.7% |
| Profit (loss) for the period to be appropriated9905 | €5.0m | €3.0m | €1.3m | €32.0m | €1.0m | ▼ 96.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €461.2m | €410.7m | €392.1m | €375.4m | €373.7m | ▼ 0.5% |
| Fixed assets21/28 | €312.6m | €312.6m | €314.2m | €319.4m | €323.4m | ▲ 1.3% |
| Intangible fixed assets21 | €2,083 | - | - | - | - | - |
| Tangible fixed assets22/27 | €738 | €36 | €1.7m | €2.3m | €6.9m | ▲ 200% |
| Land and buildings22 | €738 | €36 | €997,412 | €866,874 | €2.2m | ▲ 157% |
| Plant, machinery and equipment23 | - | - | €570 | - | - | - |
| Furniture and vehicles24 | - | - | €2,972 | €39,022 | €55,387 | ▲ 41.9% |
| Assets under construction and advance payments27 | - | - | €669,033 | €1.4m | €4.6m | ▲ 232% |
| Financial fixed assets28 | €312.6m | €312.6m | €312.6m | €317.1m | €316.5m | ▼ 0.2% |
| Affiliated companies280/1 | €312.5m | €312.5m | €312.5m | €312.5m | €312.5m | = |
| Participating interests280 | €312.5m | €312.5m | €312.5m | €312.5m | €312.5m | = |
| Companies linked by participating interests282/3 | €9,900 | €9,900 | €9,900 | €9,900 | €9,900 | = |
| Participating interests282 | €9,900 | €9,900 | €9,900 | €9,900 | €9,900 | = |
| Other financial fixed assets284/8 | - | - | - | €4.5m | €3.9m | ▼ 13.6% |
| Shares284 | - | - | - | €4.5m | €3.9m | ▼ 13.6% |
| Current assets29/58 | €148.6m | €98.2m | €77.8m | €56.0m | €50.3m | ▼ 10.2% |
| Amounts receivable after more than one year29 | €140.4m | €23.1m | €29.0m | €29.0m | €29.0m | = |
| Other amounts receivable291 | €140.4m | €23.1m | €29.0m | €29.0m | €29.0m | = |
| Amounts receivable within one year40/41 | €12,068 | €45,492 | €1.8m | €466,779 | €154,846 | ▼ 66.8% |
| Trade receivables40 | €3,066 | - | €130,780 | €47,105 | €47,643 | ▲ 1.1% |
| Other amounts receivable41 | €9,002 | €45,492 | €1.7m | €419,674 | €107,203 | ▼ 74.5% |
| Current investments50/53 | - | €62.0m | €45.0m | €20.0m | €1.4m | ▼ 93.2% |
| Other investments51/53 | - | €62.0m | €45.0m | €20.0m | €1.4m | ▼ 93.2% |
| Cash at bank and in hand54/58 | €7.2m | €12.3m | €1.0m | €5.7m | €18.8m | ▲ 228% |
| Deferred charges and accrued income490/1 | €1.0m | €749,857 | €990,977 | €777,292 | €912,887 | ▲ 17.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €461.2m | €410.7m | €392.1m | €375.4m | €373.7m | ▼ 0.5% |
| Equity10/15 | €407.3m | €388.8m | €375.9m | €371.9m | €372.9m | ▲ 0.3% |
| Contributions10/11 | €23.1m | €23.1m | €24.3m | €24.3m | €24.3m | = |
| Capital10 | €23.1m | €23.1m | €24.3m | €24.3m | €24.3m | = |
| Issued capital100 | €23.1m | €23.1m | €24.3m | €24.3m | €24.3m | = |
| Outside capital11 | €17 | €17 | €0 | - | - | - |
| Share premium1100/10 | €17 | €17 | €0 | - | - | - |
| Reserves13 | €341.6m | €341.6m | €341.7m | €341.7m | €341.7m | = |
| Non-distributable reserves130/1 | €2.3m | €2.3m | €2.4m | €2.4m | €2.4m | = |
| Legal reserve130 | €2.3m | €2.3m | €2.4m | €2.4m | €2.4m | = |
| Tax-exempt reserves132 | €30,739 | €30,739 | €30,739 | €30,739 | €30,739 | = |
| Distributable reserves133 | €339.3m | €339.3m | €339.3m | €339.3m | €339.3m | = |
| Profit (loss) carried forward14 | €42.7m | €24.2m | €9.8m | €5.8m | €6.8m | ▲ 18.1% |
| Amounts payable17/49 | €53.8m | €21.9m | €16.2m | €3.5m | €741,926 | ▼ 78.8% |
| Amounts payable within one year42/48 | €53.8m | €21.8m | €16.2m | €3.5m | €741,926 | ▼ 78.8% |
| Financial debts43 | €41.5m | - | - | - | - | - |
| Other loans439 | €41.5m | - | - | - | - | - |
| Trade debts44 | €99,265 | €349,350 | €634,724 | €572,101 | €733,485 | ▲ 28.2% |
| Suppliers440/4 | €99,265 | €349,350 | €634,724 | €572,101 | €733,485 | ▲ 28.2% |
| Taxes, remuneration and social security45 | €65,895 | - | €16,448 | €1.6m | €8,441 | ▼ 99.5% |
| Taxes450/3 | €65,895 | - | €10,690 | €1.6m | €164 | ▼ 100.0% |
| Remuneration and social security454/9 | - | - | €5,758 | €7,990 | €8,276 | ▲ 3.6% |
| Other amounts payable47/48 | €12.2m | €21.5m | €15.5m | €1.3m | - | - |
| Accrued charges and deferred income492/3 | - | €76,875 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5.0m | €3.0m | €1.3m | €32.0m | €1.0m | ▼ 96.7% |
| + Depreciation and write-downs630 | €3,354 | €2,785 | €138,282 | €131,959 | €262,392 | ▲ 98.8% |
| Operating cash flow (approximation) | €5.0m | €3.0m | €1.4m | €32.1m | €1.3m | ▼ 95.9% |
| Investment in fixed assets (approximation) | - | €117 | -€1.8m | -€5.3m | -€4.3m | ▲ 19.4% |
| Change in cash | - | €5.1m | -€11.3m | €4.7m | €13.1m | ▲ 179% |
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
05-05
NBB filing
Annual accounts filed
fiscal year 2025 · consolidated
05-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €1.0m ▼96.7%
Net result drops to €1.0m, the lowest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 67.77
Current ratio from 16.02 to 67.77; short-term debt falls from €3.5m to €741,926.
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · consolidated
19-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Liquidity triplescurrent ratio 16.02
Current ratio from 4.81 to 16.02; short-term debt falls from €16.2m to €3.5m.
13-05
NBB filing
Annual accounts filed
fiscal year 2023 · consolidated
13-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
11-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
11-05
NBB filing
Annual accounts filed
fiscal year 2022 · consolidated
2022
18-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
17-05
NBB filing
Annual accounts filed
fiscal year 2021 · consolidated
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 43 acts read
About the unread acts
We know of 43 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
43 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, Kontich · 2 establishment units since 2007
Ground area
1.4 ha
Building footprint
3,818 m²
Volume, LiDAR
30,653 m³
2 parcels, Flanders · tallest building 30.1 m, ±5 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
2 establishment units
Satenrozen 8, 2550 Kontich
since 20072.161.898.089
Graanmarkt 2, 2000 Antwerpen
since 20232.343.388.950
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024G0337/00B000 | Flanders | 1.3 ha | 1 · 3,028 m² | 9.7 m · 2 fl. |
| 11803C1040/00K000 | Flanders | 929 m² | 1 · 790 m² | 30.1 m · 5 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.
Structure & network
Heads the group
ALCOPA
15 companies
Group, risk and exposure
Owners and holdings
4 owners · 7 holdings · 32 subsidiaries in the treeOwners 4
-
20.67%
- Sourceaccounts FAMO 202519.31%
-
18.28%
- Sourceaccounts PARPIMO 202515.79%
Holdings 7
-
100%
- ABELIMsubsidiarySourceLEI registerconsolidated
- GROUP THYSsubsidiarySourceLEI registerconsolidated
- Groupe François HoldingsubsidiarySourceLEI registerconsolidated
- LAVANCE HOLDINGFRsubsidiarySourceLEI registerconsolidated
- Moteo Two Wheels EuropesubsidiarySourceLEI registerconsolidated
- Thys HoldingsubsidiarySourceLEI registerconsolidated
All subsidiaries, including indirect ones 32
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
Alcopa Capital Development 100%14 subsidiaries
Alcopa Real Estate Fund 100%2 subsidiaries
- ALCOVIL 100%
- AlparfinCH 100%
- Lavance HoldingFR 97.77%
- Buffet Crampon 1825FR 97.46%
- CBM SAFR 87.8%
- Alcopa AuctionFR 81%
- Automotive Digital SolutionFR 81%
- Solar Screen HoldingLU 78.02%
Mechanica Holding 50.01%2 subsidiaries
SAPIM 100%1 subsidiary
- Ryde BVNL 100%
ABELIM consolidated2 subsidiaries
- A12 INVEST 100%
- SRW 100%
- GROUP THYS consolidated
Groupe François Holding consolidated1 subsidiary
- Approwood SALU 100%
- LAVANCE HOLDINGFR consolidated
Moteo Two Wheels Europe consolidated8 subsidiaries
- GRANDJEAN DIFFUSION SACH 100%
- MOTEO DEUTSCHLAND GMBHDE 100%
- MOTEO FRANCE SASFR 100%
- MOTEO NEDERLAND BVNL 100%
- MOTEO PORTUGAL SAPT 100%
- Moteo Two Wheels Belux 100%
- MOTEO 2WH PT LDAPT 99.99%
- MOTEO MOTOR ESPANA SLES 99%
- Thys Holding consolidated
According to the 2025 annual accounts of ALCOPA 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.
Recognitions · licences · registrations
Legal Entity Identifier
549300P73MZG5HVCBY61
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 780 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded28-07-1981
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0421837162
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.