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ALCORECA

Active Private limited companyfounded 2005active for 21 yearsRue du Grand-Trait 72, 7080 FrameriesKBO/BCE: BE 0875.352.546

Lifetime

19 annual accounts with figures on one time axis
peak €48,066 (2016)
€5,628▲ €22,682
lowest -€34,549 (2024)
-€34,549▼ €17,120
peak €20,429 (2006)
-€89,791▼ €34,549
€102,831▲ 58.0%
peak 2 FTE (2024)
2 FTE 
Board6 names since 2016
1 director
Documentsfilings and deeds
07-01-2026160 days late
2024financial year
Gross margin from -€17,053 to €5,628Loss of €34,549Resignation: (manager) 13-08Equity from -€55,242 to -€89,791Debts from €65,077 to €102,831Investments €994

Key points

from the 2024 annual accounts

Equity

-€89,791
201920202021202220232024

Debts exceed assets in financial year 2024.

Losses

-€84,948 in seven years
-8,9982018-9792019-8,9462020-1,4442021-12,6032022-17,4292023-34,5492024

Every financial year from 2018 to 2024 closed with a loss. 2024 was the heaviest.

Debts

€102,831 789% of the balance sheet
Suppliers 15%Taxes and wages 9%Other 76%

Of this, €59,831 falls due within a year.

Investments

€699 66.6 × depreciation

Green is investment, beige is depreciation.

Filings

19 annual accounts 105 days past the deadline
AprilJune31 JulyOctober201020152020

2025 accounts not filed: deadline was 31-07-2026.

Position in the sector

-688.6%

Lower solvency than 95% of companies in food and beverage service. Sector median 24.1% · 1,721 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,635 companies had the same profile as ALCORECA has now. Each dot stands for 17 companies, two years later.

84.3%
were still trading
10.2%
stopped another way
4.5%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 1.0% 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 6,635 companies, not a prediction for ALCORECA. 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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Signals

Board and ownership

Director
  • shareholderdeed of 10-01-2020
Board & ownership

Recent changes

New establishment in Mons Le CRUMBS, Chaussée de Binche 50
Registered in the Peppol Directory Reachable for e-invoices through 0208:0875352546
2 managers resigning, 1 director reappointed Resignations: (manager) and (manager) · Reappointment: (director) · “L'exploitation de toutes salles de jeux tels que billards,jeux de société ou jeux électroniques…” (deed in French) · General meeting of 09-07-2025 · Gazette deed
Resignation: (manager) General meeting of 13-02-2023 · Gazette deed
All 32 events

Comparable companies

same main activity, similar in size and age
Company
ALCORECA Frameries €13,040 €5,628 -688.6% 2
VANTHUYNE Valérie Leuze-en-Hainaut €12,384 €6,629 -9.5% -
Chok-Ben Compagnie Charleroi €15,927 €5,175 -226.3% -
MAZ.OK Tournai €9,851 €4,641 -81.3% -
B.H.Y. Schaerbeek €18,215 €14,622 -99.4% 1
H.I.B. - BXL Schaerbeek €15,276 €5,231 81.1% -
Eiscafé RIMINI PGmbH Raeren €11,017 €4,450 13.4% -

These companies have the same main activity as ALCORECA: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €9,850 and €18,200, founded between 2000 and 2008.

Official details

Source: KBO
Status
Active since 01-08-2005Normal situation
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112and 2 others
Establishment units
2.157.974.2427080 Frameries, since 15-12-2006
2.332.218.4117000 Mons, since 01-07-2022and 1 other
Financial year end
31 December
Peppol
Reachable since 19-01-2026
Company details

Annual accounts 2024

≈ €61,000estimated
€13,040▲ 32.6%
Employeeson 31-12-2024
2
Filing
Filed on 07-01-2026
Financials

Insights on ALCORECA

ALCORECA has existed since 2005. The gross margin fell from €29,208 in 2006 to €5,628 in 2024.

Solvency fell in 2024 from -561.7% to -688.6% because of the loss and higher debts to suppliers.

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 ALCORECA

What is the company number of ALCORECA?
The company number of ALCORECA is 0875.352.546. The VAT number is the same number with BE in front: BE 0875.352.546.
Where is ALCORECA based?
The registered office is at Rue du Grand-Trait 72, 7080 Frameries.Company details
What does ALCORECA do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of ALCORECA?
ALCORECA is a private limited company (BV).
When was ALCORECA founded?
ALCORECA was founded on 01-08-2005.
Is ALCORECA still active?
Yes, ALCORECA is an active enterprise in the KBO register.
How many employees does ALCORECA have?
ALCORECA had an average of 2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of ALCORECA?
The turnover in financial year 2024 is ≈ €61,000. This figure is estimated from the gross margin of €5,628 and 36 comparable companies (NACE 56112). It probably lies between €35,000 and €110,000. It is a rough estimate.
Is ALCORECA profitable?
In financial year 2024, ALCORECA made a loss of €34,549.
Where can I find the annual accounts of ALCORECA?
ALCORECA filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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