Equity
€10.8m from €35.9m in 2018
Equity fell by 70% in 7 years.
ALEN
Lifetime
19 annual accounts with figures on one time axis, 40 filings since 1986Turnoverpeak €1.8m (2014)
€485,453▼ 30.7%
Resultlowest -€22.5m (2020)
-€371,278▲ €728,145
Equitypeak €35.9m (2018)
€10.8m▼ 3.3%
Debts
€9.4m▼ 2.9%
Board5 names since 2018
3 directorsEugène Alen and 2 others
Documentsfilings and deeds
31-08-202631 days late
2025financial year
Turnover from €700,745 to €485,453Loss of €371,2782 directors appointed, 1 resignation 04-12Cash from €35,637 to €48,933
Key points
from the 2025 annual accountsResult
-€371,278 ▲ 66.2%
The result rose in 2025 from -€1.1m to -€371,278.
Payment terms
50 days to suppliers
ALEN pays its suppliers 163 days earlier than in 2024. Customers pay 31 days earlier.
Filings
40 annual accounts 46 filings since 1986
Nine of the last ten came late. The 2019 accounts came latest: 70 days after the end of the period.
Board
1 joined · 2 left
Board changed. Latest change 05-02-2026 · 3 in office.
Position in the sector
-€371,278
Lower net result than 92% of companies in head offices and management consultancy. Sector median €53,852 · 3,869 companies.
Checked score
83
Excellent
Financially stronger than 22% of medium-sized companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 801 companies (NACE 70, medium-sized).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025lowest value
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: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.3%▲ +0.1 percentage points vs 08-2025
10-2025: 0.4%▲ +0.1 percentage points vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.5%▲ +0.1 percentage points vs 07-2026highest value
09-2026: 0.3%▼ -0.2 percentage points vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 0.90, cash €48,933
Last filed accounts filed 31 days late; 2 of the last 3 accounts late
lowers risk
Founded in 1985
Size: turnover €485,453, total assets €20.2m
Calculation
The band follows from the bankruptcy probability. 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 70, medium-sized). It does better than 43% of them on solvency, 26% on liquidity, 4% on profitability and 13% on growth.
The bankruptcy probability was computed on 05-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit verdict
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.9 (1.03 in 2024), below 1. Short-term debt is 25.8% and cash 0.2% of total assets. 46.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
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
1819202122232425
2018 to 2025 · latest year -€371,278
raises risk · 2025 accounts filed 31 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filingsDeviation from the deadline
2025
31 days late
2024
29 days late
2023
31 days late
2022
31 days late
2021
31 days late
2020
31 days late
2019
70 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 36 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Reappointment: Anne-Sophie Alen (director)
General meeting of 19-01-2026 · Gazette deed
1 director appointed, 3 resignations, 2 reappointments
Resignations: Eugène Alen, Lieve Reekmans and Anne-Sophie Alen · Reappointments: Safami Delta Investments NV and Godelieve Reekmans · Appointment: Godelieve Reekmans (managing director) · General meeting of 19-01-2026 · Gazette deed
2 directors appointed, 1 resignation
Resignation: Anne-Sophie Alen · Appointments: Eugène Alen (managing director) and Godelieve Reekmans (managing director) · Director discharge: Anne-Sophie Alen · General meeting of 02-05-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0427954991
Comparable companies
same main activity, similar in size and age| Company | Turnover | EBIT margin | Solvency | Staff |
|---|---|---|---|---|
| ALEN Hasselt | €485,453 | -55.7% | 53.5% | - |
| GILBERT'S MANAGEMENT COMPANY Dilsen-Stokkem | €316,667 | - | 92.5% | 1 |
| Estate Beringen | €881,258 | -44.0% | 43.6% | 1 |
| HUYSMAN PROPERTIES Eeklo | €616,115 | - | 80.3% | 0.5 |
| NITRAMCO Woluwe-Saint-Pierre | €533,584 | 55.7% | 72.5% | - |
| TACHA Torhout | €600,647 | 31.8% | 32.9% | - |
| GDM Motors Nazareth-De Pinte | €379,389 | -35.9% | 35.0% | - |
Grey: the largest companies of the sector (head offices and management consultancy (NACE 70)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as ALEN: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €17m and €25m, founded between 1990 and 1994.
Official details
Source: KBO- Status
- Active since 04-10-1985Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.028.222.3893500 Hasselt, since 01-11-1985
- Financial year end
- 31 December
- Peppol
- Reachable since 11-09-2025
Companies linked to ALEN
Subsidiaries and holdings
- WAREGEM COTTAGE PARK33.39%
- BELéPOQUE33.33%
- BISE33.33%
- EIB-Immo33.33%
- B.A.D.S.32.5%
- VERPA INVEST25%
Insights on ALEN
ALEN has existed since 1985. Turnover fell from €1.4m in 2012 to €485,453 in 2025.
Turnover has fallen every year since 2021.
In December 2025, the Official Gazette published the appointment of Godelieve Reekmans as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ALEN
- What is the company number of ALEN?
- The company number of ALEN is 0427.954.991. The VAT number is the same number with BE in front: BE 0427.954.991.
- Where is ALEN based?
- The registered office is at Tulpinstraat 89, 3500 Hasselt.Company details
- What does ALEN do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of ALEN?
- ALEN is a public limited company (NV).
- When was ALEN founded?
- ALEN was founded on 04-10-1985.
- Is ALEN still active?
- Yes, ALEN is an active enterprise in the KBO register.
- What is the turnover of ALEN?
- The turnover of ALEN was €485,453 in financial year 2025, according to the filed annual accounts.Financials
- Is ALEN profitable?
- In financial year 2025, ALEN made a loss of €371,278.
- Where can I find the annual accounts of ALEN?
- ALEN filed 46 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ALEN due?
- ALEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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