ALCS
ActiveSummary
The annual accounts of ALCS for fiscal year 2025 show a net loss of 96% of total assets and of 93% of the equity at the start of that year. The 2025 annual accounts show equity of €3,659 and a net result of -€50,226. Equity is shrinking by ~45.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 14% of 31840 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-90
Solvency32▼-51
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.56 against 1.53 in 2024; short-term debt: 93% and cash: 28.4% of total assets), and 93% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
7%
Return on assets
-95.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 31840 sector peers (2025).
NBB · sector comparisonPosition among 31840 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
31 d late
2024
14 d early
2023
28 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 4 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€3,659▼ 93.2%
2024 · €53,885
Total assets
€52,492▼ 44.0%
2024 · €93,658
Net result
-€50,226
2024 · €15,645
Working capital
-€21,491
2024 · €21,258
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
Line202320242025
Operating result€45,677-€20,591▼ 54.9%-€49,492
Net result€35,240-€15,645▼ 55.6%-€50,226
Equity€38,240-€53,885▲ 40.9%€3,659▼ 93.2%
Total assets€70,512-€93,658▲ 32.8%€52,492▼ 44.0%
Debt€32,272-€39,773▲ 23.2%€48,833▲ 22.8%
Working capital€36,132-€21,258▼ 41.2%-€21,491
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €49,492 after €20,591 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €52,492
Fixed assets
€25,150 ▼ 22.9%
Current assets
€27,342 ▼ 55.2%
Equity and liabilities €52,492
Equity
€3,659 ▼ 93.2%
Debt
€48,833 ▲ 22.8%
Debt's share of the balance-sheet total rises from 42.5% to 93.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€39,572▼
2024 · €28,180
Cash flow
-€40,306▼
2024 · €23,234
Current ratio
0.56▼
2024 · 1.53
Debt to equity
13.35▲
2024 · 0.74
ROA
-95.7%▼
2024 · 16.7%
Interest coverage
-112.42▼
2024 · 160.11
Debt ≤ 1 year
€48,833▲
2024 · €39,773
Income taxes
€382▼
2024 · €4,770
A ratio outside any meaningful range has been withheld (balance sheet total €52,492, equity €3,659).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,439 | €7,589 | €9,920 | ▲ 30.7% |
| Other operating charges640/8 | €933 | €387 | €400 | ▲ 3.4% |
| Non-recurring operating charges66A | - | €1,449 | - | - |
| Gross operating margin9900 | €48,049 | €30,016 | -€39,172 | ▼ 231% |
| Operating profit (loss)9901 | €45,677 | €20,591 | -€49,492 | ▼ 340% |
| Financial charges65/66B | €185 | €176 | €352 | ▲ 100% |
| Recurring financial charges65 | €185 | €176 | €352 | ▲ 100% |
| Profit (loss) for the period before taxes9903 | €45,492 | €20,415 | -€49,844 | ▼ 344% |
| Income taxes67/77 | €10,252 | €4,770 | €382 | ▼ 92.0% |
| Profit (loss) for the period9904 | €35,240 | €15,645 | -€50,226 | ▼ 421% |
| Profit (loss) for the period to be appropriated9905 | €35,240 | €15,645 | -€50,226 | ▼ 421% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €70,512 | €93,658 | €52,492 | ▼ 44.0% |
| Fixed assets21/28 | €2,108 | €32,627 | €25,150 | ▼ 22.9% |
| Tangible fixed assets22/27 | €2,108 | €32,627 | €25,150 | ▼ 22.9% |
| Plant, machinery and equipment23 | - | €677 | €520 | ▼ 23.2% |
| Furniture and vehicles24 | €2,108 | €31,950 | €24,630 | ▼ 22.9% |
| Current assets29/58 | €68,404 | €61,031 | €27,342 | ▼ 55.2% |
| Amounts receivable within one year40/41 | €12,847 | €25,658 | €12,062 | ▼ 53.0% |
| Trade receivables40 | €12,100 | €13,948 | - | - |
| Other amounts receivable41 | €747 | €11,710 | €12,062 | ▲ 3.0% |
| Cash at bank and in hand54/58 | €55,557 | €35,154 | €14,911 | ▼ 57.6% |
| Deferred charges and accrued income490/1 | - | €219 | €369 | ▲ 68.5% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €70,512 | €93,658 | €52,492 | ▼ 44.0% |
| Equity10/15 | €38,240 | €53,885 | €3,659 | ▼ 93.2% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €35,240 | €50,885 | €659 | ▼ 98.7% |
| Amounts payable17/49 | €32,272 | €39,773 | €48,833 | ▲ 22.8% |
| Amounts payable within one year42/48 | €32,272 | €39,773 | €48,833 | ▲ 22.8% |
| Trade debts44 | €740 | €1,337 | €2,704 | ▲ 102% |
| Suppliers440/4 | €740 | €1,337 | €2,704 | ▲ 102% |
| Taxes, remuneration and social security45 | €10,622 | €11,126 | €4,830 | ▼ 56.6% |
| Taxes450/3 | €10,622 | €11,126 | €4,830 | ▼ 56.6% |
| Other amounts payable47/48 | €20,910 | €27,310 | €41,299 | ▲ 51.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €35,240 | €15,645 | -€50,226 | ▼ 421% |
| + Depreciation and write-downs630 | €1,439 | €7,589 | €9,920 | ▲ 30.7% |
| Operating cash flow (approximation) | €36,679 | €23,234 | -€40,306 | ▼ 273% |
| Investment in fixed assets (approximation) | - | -€38,108 | -€2,443 | ▲ 93.6% |
| Change in cash | - | -€20,403 | -€20,243 | ▲ 0.8% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet -€50,226
Net result drops to -€50,226, the lowest in the series.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Ukkel · 1 establishment unit since 2022
Ground area
595 m²
Building footprint
308 m²
Volume, LiDAR
10,776 m³
Parcel 21618B0261/00B002, Brussels · tallest building 38.7 m, ±12 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
ALCS
since 20222.327.627.836
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21618B0261/00B002 | Brussels | 595 m² | 1 · 308 m² | 38.7 m · 12 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.
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,583. 12,806 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
Founded27-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
85592Vocational training
Scores and ratios are computed by Checked and are not a credit decision.