ALCRO
ActiveSummary
ALCRO has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €465,295 and a net result of €86,033. Equity is growing by ~19.2% per year across the filed fiscal years. Its solvency ranks better than 63% of 7940 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82=
Solvency81▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 2.44 against 2.03 in 2024; short-term debt: 31.1% and cash: 39.9% of total assets), and 44.4% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
55.6%
Return on assets
10.3%
Age of the figures
12 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
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 16-03-2026, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
45 d early
2024
51 d early
2023
28 d early
2022
40 d early
2021
47 d early
2020
43 d early
2019
44 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 43 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 16 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€465,295▲ 11.1%
2024 · €418,761
Total assets
€836,859▼ 5.7%
2024 · €887,882
Net result
€86,033▼ 10.5%
2024 · €96,169
Working capital
€374,583▲ 20.8%
2024 · €310,138
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction 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
Line20212022202320242025
Operating result€36,765▼ 40.4%€84,452▲ 130%€132,760▲ 57.2%€151,208▲ 13.9%€129,898▼ 14.1%
Net result€20,908within the sector's middle half▼ 47.6%€52,907within the sector's middle half▲ 153%€84,908within the sector's middle half▲ 60.5%€96,169within the sector's middle half▲ 13.3%€86,033within the sector's middle half▼ 10.5%
Equity€230,278within the sector's middle half▲ 10.0%€283,185within the sector's middle half▲ 23.0%€368,093within the sector's middle half▲ 30.0%€418,761within the sector's middle half▲ 13.8%€465,295within the sector's middle half▲ 11.1%
Total assets€519,230within the sector's middle half▲ 7.0%€575,323within the sector's middle half▲ 10.8%€578,645within the sector's middle half▲ 0.6%€887,882within the sector's middle half▲ 53.4%€836,859within the sector's middle half▼ 5.7%
Debt€288,953▲ 4.8%€292,138▲ 1.1%€210,552▼ 27.9%€469,121▲ 123%€371,564▼ 20.8%
Working capital€132,935within the sector's middle half▲ 29.4%€206,098within the sector's middle half▲ 55.0%€308,758within the sector's middle half▲ 49.8%€310,138within the sector's middle half▲ 0.4%€374,583within the sector's middle half▲ 20.8%
Solvency44.3%within the sector's middle half▲ 1.2pp49.2%within the sector's middle half▲ 4.9pp63.6%above the sector's middle half▲ 14.4pp47.2%within the sector's middle half▼ 16.4pp55.6%within the sector's middle half▲ 8.4pp
Current ratio1.57within the sector's middle half▲ 0.101.77within the sector's middle half▲ 0.202.50within the sector's middle half▲ 0.732.03within the sector's middle half▼ 0.472.44within the sector's middle half▲ 0.41
Return on assets (ROA)4.0%within the sector's middle half▼ 4.2pp9.2%within the sector's middle half▲ 5.2pp14.7%above the sector's middle half▲ 5.5pp10.8%within the sector's middle half▼ 3.8pp10.3%within the sector's middle half▼ 0.6pp
Staff (FTE)5within the sector's middle half▲ 16.3%5.3within the sector's middle half▲ 6.0%3.7within the sector's middle half▼ 30.2%3within the sector's middle half▼ 18.9%3.4within the sector's middle half▲ 13.3%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €836,859
Fixed assets
€202,080 ▼ 27.0%
Current assets
€634,778 ▲ 3.9%
Equity and liabilities €836,859
Equity
€465,295 ▲ 11.1%
Debt
€371,564 ▼ 20.8%
Debt's share of the balance-sheet total falls from 52.8% to 44.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€193,675▼
2024 · €197,194
Cash flow
€149,810▲
2024 · €142,154
Quick ratio
2.11▲
2024 · 1.72
Debt to equity
0.80▼
2024 · 1.12
ROE
18.5%▼
2024 · 23.0%
Interest coverage
13.45▼
2024 · 16.63
Debt ≤ 1 year
€260,195▼
2024 · €300,942
Debt > 1 year
€110,783▼
2024 · €166,559
Income taxes
€31,094▼
2024 · €44,064
Staff costs
€220,501▲
2024 · €199,684
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 34,696 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €206,288 | €245,589 | €199,684 | €220,501 | ▲ 10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €57,361 | €56,649 | €49,460 | €45,986 | €63,777 | ▲ 38.7% |
| Other operating charges640/8 | - | €2,396 | €2,480 | €3,525 | €6,739 | ▲ 91.2% |
| Non-recurring operating charges66A | - | - | €503 | €0 | - | - |
| Gross operating margin9900 | €305,975 | €349,784 | €430,793 | €400,403 | €420,914 | ▲ 5.1% |
| Operating profit (loss)9901 | €36,765 | €84,452 | €132,760 | €151,208 | €129,898 | ▼ 14.1% |
| Financial income75/76B | - | €54 | €93 | €883 | €1,632 | ▲ 84.9% |
| Recurring financial income75 | €576 | €54 | €93 | €883 | €1,632 | ▲ 84.9% |
| Financial charges65/66B | - | €5,152 | €8,162 | €11,858 | €14,403 | ▲ 21.5% |
| Recurring financial charges65 | €4,785 | €5,152 | €8,162 | €11,858 | €14,403 | ▲ 21.5% |
| Profit (loss) for the period before taxes9903 | €32,556 | €79,354 | €124,691 | €140,233 | €117,127 | ▼ 16.5% |
| Income taxes67/77 | €11,648 | €26,446 | €39,783 | €44,064 | €31,094 | ▼ 29.4% |
| Profit (loss) for the period9904 | €20,908 | €52,907 | €84,908 | €96,169 | €86,033 | ▼ 10.5% |
| Profit (loss) for the period to be appropriated9905 | €20,908 | €52,907 | €84,908 | €96,169 | €86,033 | ▼ 10.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €519,230 | €575,323 | €578,645 | €887,882 | €836,859 | ▼ 5.7% |
| Fixed assets21/28 | €153,013 | €101,449 | €63,584 | €276,801 | €202,080 | ▼ 27.0% |
| Tangible fixed assets22/27 | €153,013 | €101,449 | €63,584 | €276,801 | €202,080 | ▼ 27.0% |
| Land and buildings22 | - | €2,372 | €4,110 | €16,656 | €14,828 | ▼ 11.0% |
| Plant, machinery and equipment23 | - | €6,908 | €10,659 | €11,101 | €7,239 | ▼ 34.8% |
| Furniture and vehicles24 | - | €92,169 | €48,816 | €25,235 | €4,555 | ▼ 81.9% |
| Leasing and similar rights25 | - | - | - | €223,810 | €175,459 | ▼ 21.6% |
| Current assets29/58 | €366,217 | €473,875 | €515,060 | €611,081 | €634,778 | ▲ 3.9% |
| Stocks and contracts in progress3 | €57,700 | €95,785 | €116,390 | €91,975 | €85,680 | ▼ 6.8% |
| Stocks30/36 | - | €78,135 | €82,090 | €81,045 | €80,150 | ▼ 1.1% |
| Contracts in progress37 | - | €17,650 | €34,300 | €10,930 | €5,530 | ▼ 49.4% |
| Amounts receivable within one year40/41 | €260,551 | €301,570 | €272,598 | €253,602 | €204,060 | ▼ 19.5% |
| Trade receivables40 | - | €259,192 | €253,428 | €214,204 | €186,143 | ▼ 13.1% |
| Other amounts receivable41 | - | €42,378 | €19,169 | €39,398 | €17,917 | ▼ 54.5% |
| Current investments50/53 | - | - | - | €100,000 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €14 | €60,760 | €112,761 | €155,710 | €333,558 | ▲ 114% |
| Deferred charges and accrued income490/1 | - | €15,760 | €13,311 | €9,794 | €11,480 | ▲ 17.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €519,230 | €575,323 | €578,645 | €887,882 | €836,859 | ▼ 5.7% |
| Equity10/15 | €230,278 | €283,185 | €368,093 | €418,761 | €465,295 | ▲ 11.1% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €107,660 | €160,560 | €349,493 | €400,161 | €446,695 | ▲ 11.6% |
| Non-distributable reserves130/1 | - | €0 | - | - | - | - |
| Reserves not available under the articles1311 | - | €0 | - | - | - | - |
| Distributable reserves133 | - | €160,560 | €349,493 | €400,161 | €446,695 | ▲ 11.6% |
| Profit (loss) carried forward14 | €104,018 | €104,025 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €288,953 | €292,138 | €210,552 | €469,121 | €371,564 | ▼ 20.8% |
| Amounts payable after more than one year17 | €54,118 | €22,512 | €2,462 | €166,559 | €110,783 | ▼ 33.5% |
| Financial debts170/4 | - | €22,512 | €2,462 | €166,559 | €110,783 | ▼ 33.5% |
| Amounts payable within one year42/48 | €233,283 | €267,777 | €206,302 | €300,942 | €260,195 | ▼ 13.5% |
| Current portion of amounts payable after more than one year42 | - | €31,606 | €20,050 | €55,763 | €55,775 | = |
| Financial debts43 | - | €50,000 | €2,778 | €2,820 | €3,948 | ▲ 40.0% |
| Credit institutions430/8 | - | €50,000 | €2,778 | €2,820 | €3,948 | ▲ 40.0% |
| Trade debts44 | €107,331 | €102,194 | €102,495 | €121,258 | €77,362 | ▼ 36.2% |
| Suppliers440/4 | - | €102,194 | €102,495 | €121,258 | €77,362 | ▼ 36.2% |
| Taxes, remuneration and social security45 | - | €12,132 | €10,206 | €11,019 | €11,272 | ▲ 2.3% |
| Taxes450/3 | - | €1,762 | €312 | €305 | €0 | ▼ 100% |
| Remuneration and social security454/9 | - | €10,371 | €9,894 | €10,715 | €11,272 | ▲ 5.2% |
| Other amounts payable47/48 | - | €71,844 | €70,774 | €110,082 | €111,837 | ▲ 1.6% |
| Accrued charges and deferred income492/3 | - | €1,849 | €1,787 | €1,619 | €585 | ▼ 63.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,908 | €52,907 | €84,908 | €96,169 | €86,033 | ▼ 10.5% |
| + Depreciation and write-downs630 | €57,361 | €56,649 | €49,460 | €45,986 | €63,777 | ▲ 38.7% |
| Operating cash flow (approximation) | €78,270 | €109,557 | €134,368 | €142,154 | €149,810 | ▲ 5.4% |
| Investment in fixed assets (approximation) | - | -€5,085 | -€11,596 | -€259,203 | €10,945 | ▲ 104% |
| Change in cash | - | €60,746 | €52,001 | €42,949 | €177,848 | ▲ 314% |
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
16-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
10-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Highest result since 2018net €96,169 ▲13.3%
Operating result €151,208, net result €96,169, both a record.
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
21-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
14-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Weakest financial yearnet €20,908 ▼47.6%
Net result drops to €20,908, the lowest in the series; recovery starts the following year.
18-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Equity above €200,000Eq €209,369 ▲23.5%
3 profitable years in a row build equity to €209,369.
17-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Equity above €150,000Eq €169,473 ▲37.2%
2 profitable years in a row build equity to €169,473.
14-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
23-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Heuvelland · 1 establishment unit since 2008
Ground area
541 m²
Building footprint
132 m²
Volume, LiDAR
790 m³
Parcel 33017C0136/00D002, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ALCRO
since 20082.168.824.780
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33017C0136/00D002 | Flanders | 541 m² | 1 · 132 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 1,000 EUR awarded · 1,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,000 EUR | 1,000 EUR |
Recognitions · licences · registrations
Dual-learning approval
2 live approvalsBinnen- en buitenschrijnwerk duaal (so)
Medewerker hout duaal (so)
Similar companies · same sector, comparable size
REMART WINDOWS
BE 0745.472.417
Hooglede · Eq €465,183
SRL MENUISERIE DAVID AUDAIN
BE 0877.904.042
Binche · Eq €464,945
INTERIEURS TACK
BE 0842.180.229
Wingene · Eq €465,843
R. PYPE LECOINTRE
BE 0471.099.009
Menen · Eq €464,705
OUTDOOR MODULAR ARCHITECTURE
BE 0723.806.575
Ichtegem · Eq €464,681
Of 20,026 companies in sector 43320 we hold annual accounts for 9,139. 6,116 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-02-2008
Fiscal year end30-09
Activities, NACEBEL 2025
43320Joinery installation
68122Development of non-residential building projects
43230Insulation installation
43332Laying of wooden floor and wall coverings
E-invoicing
Reachable via Peppol
Peppol ID
0208:0895631088
Also
9925:BE0895631088
Registered
06-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.