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Generated 26-07-2026
Active BE 0762.947.857Private limited company

ALEA PROJECT

Frans Vander Elststraat 4 ·1950 Kraainem, Belgium· 5 yrs active
Sector: Food & beverage service (56111)
Conclusion Checked

The computed 12-month bankruptcy probability of ALEA PROJECT is 4.9% (elevated). The 2024 annual accounts show equity of €59k and a net result of €20k. Equity is growing by ~50.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 5597 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.
Key figures
Equity €59k
Net result €20k
Better than sector 95%
Active 5 yrs
Snowflake analysis 5 axes · computed by Checked
Health100Profitability100Solvency90Growth78Stability94
92 / 100

Exceptional profile, strong across almost every axis.

Health 100
Profitability 100
Solvency 90
Growth 78
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
4.9% Elevated
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Young company +Multiple establishment units +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
100 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview4 NBB filings
Annual accounts filed on 24-09-2025 with the NBB · fiscal year 2024 · micro
€0€10k€20k€30kOperating result 2021: €9k€9kNet result 2021: €7k€7kOperating result 2022: €18k€18kNet result 2022: €18k€18kOperating result 2023: €4k€4kNet result 2023: €4k€4kOperating result 2024: €32k€32kNet result 2024: €20k€20k2021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~50.3%/year over 4 fiscal years, indicative, assuming unchanged policy.
€0€50k€100k€150k€200k2025: €88k (€83k - €93k)2026: €132k (€127k - €137k)2027: €199k (€194k - €203k)2021: €17k2022: €35k2023: €39k2024: €59k2021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 56, Food & beverage service · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 81.9% 19.3%
better than 95% of 5597 sector peers
Net result €20k €4k
better than 73% of 5586 sector peers
Equity €59k €14k
better than 79% of 5608 sector peers
Gross operating margin €100k €52k
better than 68% of 5572 sector peers
Staff costs €36k €50k
higher than 42% of 4052 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€50k
+125.2% +47% vs sector
Net profit
€20k
+463.0% -13% vs sector
Cash flow
€39k
+72.6% +35% vs sector
Total assets
€72k
-43.3% -67% vs sector
Equity
€59k
+50.9% -47% vs sector
Working capital
€7k
- -95% vs sector
Staff costs
€36k
+61.3% -29% vs sector
Income taxes
€12k
+389.1% +117% vs sector
Debt
€13k
-85.1% -89% vs sector
Debt ≤ 1y
€13k
-85.1% -74% vs sector
Current ratio
1.56
+143.2% -47% vs sector
Quick ratio
1.56
+143.2% -41% vs sector
Solvency
81.9%
+166.0% +60% vs sector
Debt / equity
0.22
-90.1% -50% vs sector
ROE
33.7%
+273.2% +57% vs sector
ROA
27.6%
+892.8% +145% vs sector
Interest coverage
334.24
-5.6% far above sector median
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€50k
Net profit€20k
Cash flow€39k
Staff costs€36k
Income taxes€12k
Dividends-
Total assets€72k
Equity€59k
Debt€13k
of which ≤ 1y€13k
of which > 1y-
Working capital€7k
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.56
Quick ratio1.56
Working capital ratio10.2%
Solvency81.9%
Debt / equity0.22
Long-term debt ratio-
Interest coverage334.24
Gross margin-
Net margin-
ROA27.6%
ROE33.7%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€72k
Fixed assets 21/28€51k
Tangible fixed assets 22/27€51k
Current assets 29/58€20k
Amounts receivable within one year 40/41€10k
Cash & bank 54/58€10k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€72k
Equity 10/15€59k
Contributions / capital 10/11€10k
Accumulated profits (losses) 14€49k
Amounts payable 17/49€13k
Amounts payable within one year 42/48€13k
Trade debts payable within one year 44€1k
Income statement
Gross operating margin 9900€100k
Operating result 9901€32k
Financial charges 65€151
Result before taxes 9903€31k
Income taxes 67/77€12k
Net result for the period 9904€20k
Result to be appropriated 9905€20k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Food & beverage service(56111)
Legal form Private limited company(610)
Incorporation04-02-2021
StatusActive
Postal code1950
Establishment units 2 locations
ALEA PROJECT
Frans Vander Elststraat 4, 1950 KraainemVervaardiging van metalen constructiewerken of gebinten voor de bouw
since 20212.313.250.060
ALEA PROJECT
Maria Malibranstraat 4, 1050 ElseneEetgelegenheden met beperkte bediening
since 20212.313.250.159
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
21443A0177/00G000 Brussels 707 m² 1 · 594 m² 24.8 m · 6 fl.
22002C0027/00B006 Flanders 109 m² 1 · 66 m² 8.4 m · 1 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 6 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
24-09-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
21-02-2025
State Gazette act Capital & shares
2024
31-10-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
31-10-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
14-09-2023
State Gazette act Capital & shares
2022
05-10-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
Belgisch Staatsblad, acts 2 acts
Capital history · 2
21-02-2025
Capital change
14-09-2023
Capital change
All acts · 2 updated 1 year ago
2025
21-02-2025 Transaction in capital or shares Capital & shares
Technical details 
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2023
14-09-2023 Restructuring of share classes Capital & shares
Technical details 
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Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Activiteiten van eetgelegenheden met volledige bediening56111Catering56210Catering van evenementen56210Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112
Primary activity highlighted.
Names & trade names
Legal nameNL ALEA PROJECT
Registered office
Frans Vander Elststraat 4 bus 4
1950 Kraainem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative