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ALDEC

Active
Private limited companyfounded 1989active for 37 yearsDrietorensstraat 1, 9255 Buggenhout, BelgiumKBO/BCE: BE 0438.609.650
Summary

ALDEC has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €533,431 and a net result of -€40,259. Equity is shrinking by about 5.8% per year across the filed financial years. Its solvency ranks better than 56% of 16,782 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Development of residential building projects
NACE 68121
1 site
Size
€1.4mtotal assets 2025
Equity
€533,431
Loss
-€40,259
Turnover not published (abbreviated or micro format)
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Accounts 31 days early1 of 8 deeds read
Why 94raises riskLoss of €40,259, the second in a row (financial year 2025)lowers riskSize: total assets €1.4mFounded in 1989Figures for financial year 2025 (filed 30-03-2026)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 50% of its sector peers (NACE 68, micro)
Financial strength · tick = 2024
Average
Solvency 62+1
equity 36.9% of total assets
Liquidity 63+1
short-term debt 9.0% · cash 10.7%
Profitability 47+12
return on assets -2.8%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,579 companies, NACE 68, micro)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024lowest value 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: 0.1%▲ +0.1 percentage points vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026highest value 04-2026: < 0.1%▼ -0.1 percentage points vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.48, compared with 2.17 in 2024, above the usual 1.5; short-term debt: 9% and cash: 10.7% of total assets), but 63.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 54% on solvency, 75% on liquidity, 41% on profitability and 31% on growth.

The bankruptcy probability was computed on 15-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.4m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1989
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Loss of €40,259, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 30-03-2026)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
18192122232425
2018 to 2025 · latest year -€40,259
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 30-03-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 days early
2024
30 days early
2023
41 days early
2022
33 days early
2021
37 days early
2019
92 days early
2018
96 days 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 51 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 28 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end16-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Resignation: AELBRECHT, Yves Clement Simonne (sole…Appointment: AELBRECHT, Yves Clement Simonne…
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Risk: 5 loss-making years in a rowloss financial year 2025 -€40,259 View
  • Caution: Among the weakest 10% on net resultsector median €6,038 · 16,772 companies -€40,259 View
  • Positive: Filed on time since financial year 2017accounts within the deadline every year 8 years View
  • New directorlatest change 30-12-2025 · 1 in office 1 joined View

By topic

Financials

Financial year
2025
Total assets
€1.4m
Loss
-€40,259
Solvency
36.9%
Total assets▼ 9.0%
Net result
20182025
Go to Financials

Timeline

Events
39
Since
1991
Next accounts
by 30-04-2027
  1. 20-03-2024Annual accounts filed
  2. 28-03-2023Annual accounts filed
  3. 24-03-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Development of residential building projectsNACE 68121
Founded
09-10-1989
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
35
Financial year
From 1 January to 31 December
Purpose
“De aan- en verkoop, de groot- en kleinhandel, de in- en uitvoer, de verhuring, het…” (deed in Dutch)
Go to Articles of association

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