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ALEGRO

Active
Public limited companyfounded 199333 yrs activeFranseliniestraat 38, 3201 Aarschot, BelgiumKBO/BCE: BE 0449.995.272
Summary

ALEGRO has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €163,563 and a net result of -€8,645. Equity is shrinking by ~7.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability52▲+1
Solvency63=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity short (current ratio 0.01 against 0.06 in 2023; short-term debt: 19.5% and cash: 0.2% of total assets), and 61.8% 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
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 33 years 0 40 y
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 2024
Solvency, return and age of the figures
Solvency
38.2%
Return on assets
-2%
Age of the figures
21 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€8,645
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
35 d early
2023
33 d early
2022
34 d early
2021
27 d early
2020
40 d early
2019
15 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 31 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ALEGRO was incorporated on 27 April 1993.1 Total assets rose from EUR 355,851 in 2018 to EUR 428,269 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€163,563▼ 5.0%
2023 · €172,208
Total assets
€428,269▼ 5.0%
2023 · €450,972
Net result
-€8,645▲ 48.5%
2023 · -€16,778
Working capital
-€82,822▲ 2.3%
2023 · -€84,765
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
Line20202021202220232024
Operating result-€15,193▲ 4.1%-€22,227▼ 46.3%-€16,389▲ 26.3%-€17,633▼ 7.6%-€9,949▲ 43.6%
Net result-€9,672▲ 43.8%-€22,946▼ 137%-€15,710▲ 31.5%-€16,778▼ 6.8%-€8,645▲ 48.5%
Equity€227,642▼ 4.1%€204,696▼ 10.1%€188,986▼ 7.7%€172,208▼ 8.9%€163,563▼ 5.0%
Total assets€287,066▼ 8.7%€489,034▲ 70.4%€459,418▼ 6.1%€450,972▼ 1.8%€428,269▼ 5.0%
Debt€1,030▼ 94.5%€226,801▲ 21,920%€215,665▼ 4.9%€226,831▲ 5.2%€215,996▼ 4.8%
Working capital-€63,711-€65,636▼ 3.0%-€84,765▼ 29.1%-€82,822▲ 2.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Operating result 2020: -€15,193-€15,193Net result 2020: -€9,672-€9,672Operating result 2021: -€22,227-€22,227Net result 2021: -€22,946-€22,946Operating result 2022: -€16,389-€16,389Net result 2022: -€15,710-€15,710Operating result 2023: -€17,633-€17,633Net result 2023: -€16,778-€16,778Operating result 2024: -€9,949-€9,949Net result 2024: -€8,645-€8,64520202021202220232024-€20,000-€15,000-€10,000-€5,000€0Operating result 2022: -€16,389-€16,400Net result 2022: -€15,710-€15,700Operating result 2023: -€17,633-€17,600Net result 2023: -€16,778-€16,800Operating result 2024: -€9,949-€9,950Net result 2024: -€8,645-€8,640202220232024
The operating result stays negative: a loss of €9,949 in 2024 against €17,633 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €428,269
Fixed assets €427,416 ▼ 4.1%
Current assets €853 ▼ 84.3%
Equity and liabilities €428,269
Equity €163,563 ▼ 5.0%
Provisions €48,710 ▼ 6.2%
Debt €215,996 ▼ 4.8%
Debt's share of the balance-sheet total rises from 50.3% to 50.4%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€8,159▼
2023 · €8,827
Cash flow
€9,463▼
2023 · €9,682
Current ratio
0.01▼
2023 · 0.06
Debt to equity
1.32▲
2023 · 1.32
ROE
-5.3%▲
2023 · -9.7%
ROA
-2.0%▲
2023 · -3.7%
Interest coverage
4.25▼
2023 · 4.46
Debt ≤ 1 year
€83,676▼
2023 · €90,214
Debt > 1 year
€129,230▼
2023 · €136,617
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
8.5% stopped otherwise
90% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 12,321 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet Code20232024
Assets
Total assets20/58€450,972€428,269▼
Fixed assets21/28€445,524€427,416▼
Tangible fixed assets22/27€445,524€427,416▼
Land and buildings22€445,524€427,416▼
Current assets29/58€5,448€853▼
Amounts receivable within one year40/41€3,250-
Other amounts receivable41€3,250-
Cash at bank and in hand54/58€749€853▲
Deferred charges and accrued income490/1€1,449-
Equity and liabilities
Total equity and liabilities10/49€450,972€428,269▼
Equity10/15€172,208€163,563▼
Contributions10/11€90,860€90,860=
Capital10€90,860€90,860=
Issued capital100€90,860€90,860=
Reserves13€143,840€136,166▼
Non-distributable reserves130/1€20,203€20,203=
Legal reserve130€20,203€20,203=
Tax-exempt reserves132€123,637€115,963▼
Profit (loss) carried forward14-€62,492-€63,463▼
Provisions and deferred taxes16€51,934€48,710▼
Deferred taxes168€51,934€48,710▼
Amounts payable17/49€226,831€215,996▼
Amounts payable after more than one year17€136,617€129,230▼
Financial debts170/4€136,617€129,230▼
Amounts payable within one year42/48€90,214€83,676▼
Current portion of amounts payable after more than one year42€7,291€7,387▲
Trade debts44€18,722€582▼
Suppliers440/4€18,722€582▼
Other amounts payable47/48€64,200€75,707▲
Accrued charges and deferred income492/3-€3,090
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26,460€18,108▼
Other operating charges640/8€1,298€1,793▲
Gross operating margin9900€10,125€9,952▼
Operating profit (loss)9901-€17,633-€9,949▲
Financial charges65/66B€1,977€1,919▼
Recurring financial charges65€1,977€1,919▼
Profit (loss) for the period before taxes9903-€19,611-€11,868▲
Transfer from deferred taxes780€2,833€3,223▲
Profit (loss) for the period9904-€16,778-€8,645▲
Transfer from tax-exempt reserves789€6,744€7,674▲
Profit (loss) for the period to be appropriated9905-€10,034-€971▲
Appropriation of the result
Profit (loss) to be appropriated9906-€62,492-€63,463▼
Profit (loss) brought forward from the previous period14P-€52,458-€62,492▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,993€20,343€26,881€26,460€18,108▼ 31.6%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€1,760---
Other operating charges640/8-€972€1,426€1,298€1,793▲ 38.1%
Gross operating margin9900€3,764-€913€13,679€10,125€9,952▼ 1.7%
Operating profit (loss)9901-€15,193-€22,227-€16,389-€17,633-€9,949▲ 43.6%
Recurring financial income75€5,580-----
Financial charges65/66B-€1,576€2,092€1,977€1,919▼ 3.0%
Recurring financial charges65€291€1,576€2,092€1,977€1,919▼ 3.0%
Profit (loss) for the period before taxes9903-€9,904-€23,803-€18,480-€19,611-€11,868▲ 39.5%
Transfer from deferred taxes780-€857€2,770€2,833€3,223▲ 13.8%
Income taxes67/77-€232-----
Profit (loss) for the period9904-€9,672-€22,946-€15,710-€16,778-€8,645▲ 48.5%
Transfer from tax-exempt reserves789-€2,041€6,594€6,744€7,674▲ 13.8%
Profit (loss) for the period to be appropriated9905-€9,672-€20,905-€9,116-€10,034-€971▲ 90.3%
Line20202021202220232024Change
Assets
Total assets20/58€287,066€489,034€459,418€450,972€428,269▼ 5.0%
Fixed assets21/28€225,906€477,059€453,647€445,524€427,416▼ 4.1%
Tangible fixed assets22/27€225,906€477,059€453,647€445,524€427,416▼ 4.1%
Land and buildings22-€477,059€453,647€445,524€427,416▼ 4.1%
Current assets29/58€61,160€11,975€5,771€5,448€853▼ 84.3%
Amounts receivable within one year40/41€4,584€6,821€4,066€3,250--
Other amounts receivable41-€6,821€4,066€3,250--
Cash at bank and in hand54/58€54,338€2,765€872€749€853▲ 13.9%
Deferred charges and accrued income490/1-€2,389€833€1,449--
Equity and liabilities
Total equity and liabilities10/49€287,066€489,034€459,418€450,972€428,269▼ 5.0%
Equity10/15€227,642€204,696€188,986€172,208€163,563▼ 5.0%
Contributions10/11€90,860€90,860€90,860€90,860€90,860=
Capital10-€90,860€90,860€90,860€90,860=
Issued capital100-€90,860€90,860€90,860€90,860=
Reserves13€159,220€157,179€150,584€143,840€136,166▼ 5.3%
Non-distributable reserves130/1-€20,203€20,203€20,203€20,203=
Legal reserve130-€20,203€20,203€20,203€20,203=
Tax-exempt reserves132-€136,975€130,381€123,637€115,963▼ 6.2%
Profit (loss) carried forward14-€22,437-€43,342-€52,458-€62,492-€63,463▼ 1.6%
Provisions and deferred taxes16€58,394€57,537€54,767€51,934€48,710▼ 6.2%
Deferred taxes168-€57,537€54,767€51,934€48,710▼ 6.2%
Amounts payable17/49€1,030€226,801€215,665€226,831€215,996▼ 4.8%
Amounts payable after more than one year17-€151,115€143,908€136,617€129,230▼ 5.4%
Financial debts170/4-€151,115€143,908€136,617€129,230▼ 5.4%
Amounts payable within one year42/48-€75,686€71,407€90,214€83,676▼ 7.2%
Current portion of amounts payable after more than one year42-€7,118€7,207€7,291€7,387▲ 1.3%
Trade debts44-€568-€18,722€582▼ 96.9%
Suppliers440/4-€568-€18,722€582▼ 96.9%
Other amounts payable47/48-€68,000€64,200€64,200€75,707▲ 17.9%
Accrued charges and deferred income492/3--€350-€3,090-
Line20202021202220232024Change
Profit (loss) for the period9904-€9,672-€22,946-€15,710-€16,778-€8,645▲ 48.5%
+ Depreciation and write-downs630€17,993€20,343€26,881€26,460€18,108▼ 31.6%
Operating cash flow (approximation)€8,322-€2,603€11,171€9,682€9,463▼ 2.3%
Investment in fixed assets (approximation)--€271,495-€3,469-€18,338€0▲ 100%
Change in cash--€51,574-€1,892-€123€104▲ 185%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
26-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
27-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
04-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet -€22,946
Net result drops to -€22,946, the lowest in the series; recovery starts the following year.
21-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
16-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
01-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
08-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 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
7 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, Aarschot
exact location from the address register On OpenStreetMap
Ground area
690 m²
Building footprint
164 m²
Volume, LiDAR
785 m³
Parcel 24652E0116/00X000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24652E0116/00X000 Flanders 690 m² 1 · 164 m² 7.8 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.

Structure & network

Owners and holdings

1 owner

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Legal Entity Identifier

8755005S5P8B1KQA2R77
no longer live in the LEI register

Identification & contact

Identification
Legal formPublic limited company
Founded27-04-1993
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0449995272
Also 9925:BE0449995272
Registered 02-01-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.