ALECAM
ActiveSummary
The computed 12-month bankruptcy probability of ALECAM is 2.8% (moderate). The 2025 annual accounts show equity of €15,652 and a net result of -€4,739. Equity is shrinking by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 13% of 28254 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability35▼-7
Solvency34▼-6
Growth52=
Track record94
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.74 against 0.79 in 2024; short-term debt: 34.2% and cash: 4.6% of total assets), and 91.4% 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
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · 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 →
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
8.6%
Return on assets
-2.6%
Age of the figures
9 mo
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 2025Net result per financial year
2122232425
2021 to 2025 · latest year -€4,739
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 28254 sector peers (2025).
NBB · sector comparisonPosition among 28254 sector peers
Solvency
better than 13%
← 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 26-08-2026, 26 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 · 5 filingsDeviation from the deadline
2025
26 d late
2024
61 d late
2023
27 d late
2022
30 d late
2021
24 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 34 days after 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 28 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 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 How does this company compare with its sector?Sector benchmark
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, micro schema
Turnover
€0
2021 · €0
Total assets
€181,957▲ 34.4%
2024 · €135,366
Net result
-€4,739▼ 177%
2024 · -€1,709
Working capital
-€16,211▼ 96.3%
2024 · -€8,257
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
Turnover€0-€0
Operating result€10,040-€10,620▲ 5.8%€6,335▼ 40.4%€1,132▼ 82.1%€1,463▲ 29.3%
Net result€7,357within the sector's middle half-€9,915within the sector's middle half▲ 34.8%-€171below the sector's middle half-€1,709below the sector's middle half▼ 898%-€4,739below the sector's middle half▼ 177%
Equity€12,357below the sector's middle half-€22,272within the sector's middle half▲ 80.2%€22,101within the sector's middle half▼ 0.8%€20,391within the sector's middle half▼ 7.7%€15,652below the sector's middle half▼ 23.2%
Total assets€73,434within the sector's middle half-€78,398within the sector's middle half▲ 6.8%€53,799below the sector's middle half▼ 31.4%€135,366within the sector's middle half▲ 152%€181,957within the sector's middle half▲ 34.4%
Debt€61,077-€56,126▼ 8.1%€31,698▼ 43.5%€114,975▲ 263%€166,305▲ 44.6%
Working capital-€26,793below the sector's middle half--€8,721below the sector's middle half▲ 67.5%€7,519within the sector's middle half-€8,257below the sector's middle half-€16,211below the sector's middle half▼ 96.3%
Solvency16.8%below the sector's middle half-28.4%within the sector's middle half▲ 11.6pp41.1%within the sector's middle half▲ 12.7pp15.1%below the sector's middle half▼ 26.0pp8.6%below the sector's middle half▼ 6.5pp
Current ratio0.56below the sector's middle half-0.84below the sector's middle half▲ 0.281.24within the sector's middle half▲ 0.410.79below the sector's middle half▼ 0.450.74below the sector's middle half▼ 0.05
Return on assets (ROA)10.0%within the sector's middle half-12.6%within the sector's middle half▲ 2.6pp-0.3%below the sector's middle half▼ 13.0pp-1.3%below the sector's middle half▼ 0.9pp-2.6%below the sector's middle half▼ 1.3pp
Staff (FTE)0.8-1.1▲ 37.5%1.3▲ 18.2%1.3=2.3▲ 76.9%
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 micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 29% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €181,957
Fixed assets
€135,934 ▲ 30.0%
Current assets
€46,023 ▲ 49.5%
Equity and liabilities €181,957
Equity
€15,652 ▼ 23.2%
Debt
€166,305 ▲ 44.6%
Debt's share of the balance-sheet total rises from 84.9% to 91.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€16,907▲
2024 · €9,650
Cash flow
€10,704▲
2024 · €6,809
Debt to equity
10.63▲
2024 · 5.64
ROE
-30.3%▼
2024 · -8.4%
Interest coverage
2.31▼
2024 · 3.00
Debt ≤ 1 year
€62,234▲
2024 · €39,036
Debt > 1 year
€104,071▲
2024 · €75,939
Staff costs
€51,215▼
2024 · €57,864
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 849 companies that looked in July 2024 the way this one looks now, 3.9% went bankrupt within 24 months and 92% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a small loss
3.9%
went bankrupt
3.3%
stopped otherwise
92%
still going
A further 0.9% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.8% 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 497,662 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 849 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 |
|---|---|---|---|---|---|---|
| Turnover70 | €0 | - | - | €0 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €0 | - | - | €0 | - | - |
| Remuneration, social security and pensions62 | €26,953 | €46,861 | €57,887 | €57,864 | €51,215 | ▼ 11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,788 | €10,345 | €7,167 | €8,518 | €15,444 | ▲ 81.3% |
| Other operating charges640/8 | €375 | €608 | €1,976 | €1,678 | €994 | ▼ 40.7% |
| Gross operating margin9900 | €47,156 | €68,435 | €73,364 | €69,191 | €69,116 | ▼ 0.1% |
| Operating profit (loss)9901 | €10,040 | €10,620 | €6,335 | €1,132 | €1,463 | ▲ 29.3% |
| Financial income75/76B | €0 | €389 | €283 | €373 | €1,105 | ▲ 196% |
| Recurring financial income75 | €0 | €389 | €283 | €373 | €1,105 | ▲ 196% |
| Financial charges65/66B | €276 | €974 | €6,782 | €3,214 | €7,307 | ▲ 127% |
| Recurring financial charges65 | €276 | €974 | €3,146 | €3,214 | €7,307 | ▲ 127% |
| Non-recurring financial charges66B | - | - | €3,635 | - | - | - |
| Profit (loss) for the period before taxes9903 | €9,764 | €10,036 | -€164 | -€1,709 | -€4,739 | ▼ 177% |
| Income taxes67/77 | €2,407 | €121 | €8 | - | - | - |
| Profit (loss) for the period9904 | €7,357 | €9,915 | -€171 | -€1,709 | -€4,739 | ▼ 177% |
| Profit (loss) for the period to be appropriated9905 | €7,357 | €9,915 | -€171 | -€1,709 | -€4,739 | ▼ 177% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €73,434 | €78,398 | €53,799 | €135,366 | €181,957 | ▲ 34.4% |
| Fixed assets21/28 | €39,150 | €33,306 | €15,367 | €104,588 | €135,934 | ▲ 30.0% |
| Tangible fixed assets22/27 | €39,150 | €33,306 | €15,367 | €104,588 | €135,934 | ▲ 30.0% |
| Land and buildings22 | - | - | - | €96,336 | €123,352 | ▲ 28.0% |
| Plant, machinery and equipment23 | €20,750 | €15,563 | €11,068 | €5,747 | €2,504 | ▼ 56.4% |
| Furniture and vehicles24 | €18,400 | €17,743 | €4,299 | €2,505 | €10,078 | ▲ 302% |
| Other tangible fixed assets26 | - | - | - | €0 | - | - |
| Current assets29/58 | €34,284 | €45,092 | €38,432 | €30,778 | €46,023 | ▲ 49.5% |
| Amounts receivable within one year40/41 | €15,663 | €22,049 | €32,628 | €25,839 | €37,504 | ▲ 45.1% |
| Trade receivables40 | €12,449 | €21,600 | €15,275 | €17,791 | €19,592 | ▲ 10.1% |
| Other amounts receivable41 | €3,213 | €449 | €17,354 | €8,048 | €17,912 | ▲ 123% |
| Cash at bank and in hand54/58 | €16,628 | €22,874 | €4,689 | €4,592 | €8,435 | ▲ 83.7% |
| Deferred charges and accrued income490/1 | €1,993 | €170 | €1,114 | €347 | €84 | ▼ 75.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €73,434 | €78,398 | €53,799 | €135,366 | €181,957 | ▲ 34.4% |
| Equity10/15 | €12,357 | €22,272 | €22,101 | €20,391 | €15,652 | ▼ 23.2% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Outside capital11 | €5,000 | €5,000 | - | - | - | - |
| Other1109/19 | €5,000 | €5,000 | - | - | - | - |
| Profit (loss) carried forward14 | €7,357 | €17,272 | €17,101 | €15,391 | €10,652 | ▼ 30.8% |
| Amounts payable17/49 | €61,077 | €56,126 | €31,698 | €114,975 | €166,305 | ▲ 44.6% |
| Amounts payable after more than one year17 | - | €2,312 | €785 | €75,939 | €104,071 | ▲ 37.0% |
| Financial debts170/4 | - | €2,312 | €785 | €75,939 | €104,071 | ▲ 37.0% |
| Amounts payable within one year42/48 | €61,077 | €53,813 | €30,913 | €39,036 | €62,234 | ▲ 59.4% |
| Current portion of amounts payable after more than one year42 | - | €1,472 | €1,527 | €9,164 | €15,051 | ▲ 64.2% |
| Financial debts43 | - | - | - | €10,000 | €14,471 | ▲ 44.7% |
| Credit institutions430/8 | - | - | - | €10,000 | €14,471 | ▲ 44.7% |
| Trade debts44 | €15,498 | €1,833 | €19,315 | €14,237 | €18,934 | ▲ 33.0% |
| Suppliers440/4 | €15,498 | €1,833 | €19,315 | €14,237 | €18,934 | ▲ 33.0% |
| Advances received on contracts in progress46 | €3,000 | €10,016 | €0 | - | - | - |
| Taxes, remuneration and social security45 | €2,445 | €12,337 | €697 | €5,635 | €13,777 | ▲ 144% |
| Taxes450/3 | €2,407 | €8,558 | €0 | €281 | €7,011 | ▲ 2,394% |
| Remuneration and social security454/9 | €38 | €3,780 | €697 | €5,354 | €6,766 | ▲ 26.4% |
| Other amounts payable47/48 | €40,134 | €28,155 | €9,373 | €0 | €0 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,357 | €9,915 | -€171 | -€1,709 | -€4,739 | ▼ 177% |
| + Depreciation and write-downs630 | €9,788 | €10,345 | €7,167 | €8,518 | €15,444 | ▲ 81.3% |
| Operating cash flow (approximation) | €17,145 | €20,260 | €6,996 | €6,809 | €10,704 | ▲ 57.2% |
| Investment in fixed assets (approximation) | - | -€4,500 | €10,772 | -€97,739 | -€46,790 | ▲ 52.1% |
| Change in cash | - | €6,245 | -€18,184 | -€97 | €3,842 | ▲ 4,070% |
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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial
Weakest financial yearnet -€4,739
Net result drops to -€4,739, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Highest result since 2021net €9,915 ▲34.8%
Operating result €10,620, net result €9,915, both a record.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Amay · 1 establishment unit since 2020
Ground area
749 m²
Building footprint
104 m²
Volume, LiDAR
718 m³
Parcel 61046A0127/00P000, Wallonia · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ALECAM
since 20202.310.560.982
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61046A0127/00P000 | Wallonia | 749 m² | 1 · 104 m² | 9.3 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.
Similar companies · same sector, comparable size
Rob Faassen
BE 0808.335.642
Bocholt · Eq €15,654
Vandenberghe Thibault
BE 1003.126.983
Langemark-Poelkapelle · Eq €15,672
AFSLUITINGEN LAMYNS
BE 0558.881.039
Maldegem · Eq €15,630
Robin Wenselaers
BE 1017.914.634
Boom · Eq €15,684
H/D PARKETVLOEREN
BE 0805.140.283
Stekene · Eq €15,620
Of 20,025 companies in sector 43320 we hold annual accounts for 9,138. 5,645 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
Founded30-11-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43350Other building finishing work
Contact
Website
www.anton-renov.be
E-mail
nathan.anton001@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0758915330
Also
9925:BE0758915330
Registered
02-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.