ALCORECA
ActiveSummary
The computed 12-month bankruptcy probability of ALCORECA is 6.2% (elevated). The 2024 annual accounts show negative equity (-€89,791) and a net result of -€34,549. Equity is shrinking by ~40.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 1763 sector peers (fiscal year 2024). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
6.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.1 against 0.12 in 2023; short-term debt: 458.8% and cash: 23.5% of total assets), and equity is negative.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-688.6%
Return on assets
-265%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€89,791
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-01-2026, 160 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
160 d late
2023
482 d late
2022
115 d late
2021
11 d late
2020
220 d late
2019
22 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 161 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€34,549▼ 98.2%
2023 · -€17,429
Working capital
-€53,775▼ 91.8%
2023 · -€28,042
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€8,858▼ 882%-€1,406▲ 84.1%-€12,509▼ 790%-€17,341▼ 38.6%-€33,997▼ 96.0%
Net result-€8,946within the sector's middle half▼ 814%-€1,444within the sector's middle half▲ 83.9%-€12,603within the sector's middle half▼ 773%-€17,429below the sector's middle half▼ 38.3%-€34,549below the sector's middle half▼ 98.2%
Equity-€23,766below the sector's middle half▼ 60.4%-€25,210below the sector's middle half▼ 6.1%-€37,813below the sector's middle half▼ 50.0%-€55,242below the sector's middle half▼ 46.1%-€89,791below the sector's middle half▼ 62.5%
Total assets€6,144below the sector's middle half▼ 8.9%€6,000below the sector's middle half▼ 2.3%€6,441below the sector's middle half▲ 7.3%€9,835below the sector's middle half▲ 52.7%€13,040below the sector's middle half▲ 32.6%
Debt€29,910▲ 38.7%€31,210▲ 4.3%€44,254▲ 41.8%€65,077▲ 47.1%€102,831▲ 58.0%
Working capital-€6,766▲ 54.3%-€16,113-€28,042▼ 74.0%-€53,775▼ 91.8%
Solvency-386.8%below the sector's middle half▼ 167.1pp-420.2%below the sector's middle half▼ 33.4pp-587.1%below the sector's middle half▼ 166.9pp-561.7%below the sector's middle half▲ 25.4pp-688.6%below the sector's middle half▼ 126.9pp
Staff (FTE)2below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €33,997 in 2024 against €17,341 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €13,040
Fixed assets
€6,984 ▲ 16.4%
Current assets
€6,056 ▲ 57.9%
Key figures and ratios
EBITDA
-€33,987
Cash flow
-€34,539
Current ratio
0.10▼
2023 · 0.12
Debt to equity
-1.15▲
2023 · -1.18
ROA
-265.0%▼
2023 · -177.2%
Interest coverage
-61.60
Debt ≤ 1 year
€59,831▲
2023 · €31,877
Debt > 1 year
€43,000▲
2023 · €33,200
Staff costs
€38,702
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,639 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.1%
went bankrupt
9.8%
stopped otherwise
84%
still going
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 6.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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%.
| 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 6,639 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | €1,406 | €12,209 | €17,053 | €47,276 | ▲ 177% |
| Remuneration, social security and pensions62 | - | - | - | - | €38,702 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €11 | - |
| Other operating charges640/8 | - | - | €300 | €288 | €913 | ▲ 217% |
| Gross operating margin9900 | -€8,858 | -€1,406 | -€12,209 | -€17,053 | €5,628 | ▲ 133% |
| Operating profit (loss)9901 | -€8,858 | -€1,406 | -€12,509 | -€17,341 | -€33,997 | ▼ 96.0% |
| Financial charges65/66B | - | €38 | €94 | €88 | €552 | ▲ 529% |
| Recurring financial charges65 | €88 | €38 | €94 | €88 | €552 | ▲ 529% |
| Profit (loss) for the period before taxes9903 | -€8,946 | -€1,444 | -€12,603 | -€17,429 | -€34,549 | ▼ 98.2% |
| Profit (loss) for the period9904 | -€8,946 | -€1,444 | -€12,603 | -€17,429 | -€34,549 | ▼ 98.2% |
| Profit (loss) for the period to be appropriated9905 | -€8,946 | -€1,444 | -€12,603 | -€17,429 | -€34,549 | ▼ 98.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6,144 | €6,000 | €6,441 | €9,835 | €13,040 | ▲ 32.6% |
| Fixed assets21/28 | €6,000 | €6,000 | €6,000 | €6,000 | €6,984 | ▲ 16.4% |
| Intangible fixed assets21 | €6,000 | €6,000 | €6,000 | €6,000 | €6,000 | = |
| Tangible fixed assets22/27 | - | - | - | - | €689 | - |
| Plant, machinery and equipment23 | - | - | - | - | €689 | - |
| Financial fixed assets28 | - | - | - | - | €295 | - |
| Current assets29/58 | €144 | - | €441 | €3,835 | €6,056 | ▲ 57.9% |
| Amounts receivable within one year40/41 | - | - | €297 | €3,732 | €2,988 | ▼ 19.9% |
| Trade receivables40 | - | - | - | €2,990 | €2,024 | ▼ 32.3% |
| Other amounts receivable41 | - | - | €297 | €742 | €964 | ▲ 29.9% |
| Cash at bank and in hand54/58 | €144 | - | €144 | €103 | €3,068 | ▲ 2,868% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6,144 | €6,000 | €6,441 | €9,835 | €13,040 | ▲ 32.6% |
| Equity10/15 | -€23,766 | -€25,210 | -€37,813 | -€55,242 | -€89,791 | ▼ 62.5% |
| Contributions10/11 | - | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €1,855 | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Non-distributable reserves130/1 | - | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Reserves not available under the articles1311 | - | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Profit (loss) carried forward14 | -€44,171 | -€45,615 | -€58,218 | -€75,647 | -€110,196 | ▼ 45.7% |
| Amounts payable17/49 | €29,910 | €31,210 | €44,254 | €65,077 | €102,831 | ▲ 58.0% |
| Amounts payable after more than one year17 | €23,000 | €23,000 | €27,700 | €33,200 | €43,000 | ▲ 29.5% |
| Other amounts payable178/9 | - | €23,000 | €27,700 | €33,200 | €43,000 | ▲ 29.5% |
| Amounts payable within one year42/48 | €6,910 | €8,210 | €16,554 | €31,877 | €59,831 | ▲ 87.7% |
| Trade debts44 | €4,751 | €4,751 | €5,485 | €5,794 | €15,724 | ▲ 171% |
| Suppliers440/4 | - | €4,751 | €5,485 | €5,794 | €15,724 | ▲ 171% |
| Taxes, remuneration and social security45 | - | - | - | - | €9,112 | - |
| Taxes450/3 | - | - | - | - | €463 | - |
| Remuneration and social security454/9 | - | - | - | - | €8,648 | - |
| Other amounts payable47/48 | - | €3,459 | €11,069 | €26,083 | €34,996 | ▲ 34.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,946 | -€1,444 | -€12,603 | -€17,429 | -€34,549 | ▼ 98.2% |
| + Depreciation and write-downs630 | - | - | - | - | €11 | - |
| Operating cash flow (approximation) | -€8,946 | -€1,444 | -€12,603 | -€17,429 | -€34,539 | ▼ 98.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€994 | - |
| Change in cash | - | - | - | -€41 | €2,965 | ▲ 7,379% |
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
2026
07-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 160 days late
2025
25-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 482 days late
2024
31-12
Financial
Weakest financial yearnet -€34,549
Net result drops to -€34,549, the lowest in the series.
2023
23-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 115 days late
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 11 days late
08-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 220 days late
2020
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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
10 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, Frameries · 3 establishment units since 2006
Ground area
4,698 m²
Building footprint
1,068 m²
Volume, LiDAR
7,049 m³
4 parcels, Wallonia · tallest building 18.7 m, ±6 floors. Linked by address, not a title deed.
3 establishment units
Chez Louise
since 20062.157.974.242
MONSNACK
since 20222.332.218.411
Le CRUMBS
since 20262.389.213.136
4 parcels
Wallonia
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53405C0155/00B000indicative | Wallonia | 3,438 m² | 1 · 761 m² | 5.7 m · 2 fl. |
| 53045A0086/00K000 | Wallonia | 1,032 m² | 1 · 99 m² | 7.1 m · 2 fl. |
| 53028C0369/00F000 | Wallonia | 125 m² | 1 · 129 m² | 13.5 m · 3 fl. |
| 53403E0709/00X000 | Wallonia | 102 m² | 1 · 79 m² | 18.7 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
3 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
3 sitesFrameries2.157.974.242
Mons2.332.218.411
Mons2.389.213.136
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Of 21,859 companies in sector 56112 we hold annual accounts for 9,782. 1,353 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-08-2005
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
53200Other postal and courier activities
93292Sports, amusement and recreation activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0875352546
Also
9925:BE0875352546
Registered
19-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.