ALERS
ActiveALERS has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45k and a net result of €-9k. Equity is shrinking by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 86% of 18040 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-4
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 4.84 against 12.41 in 2024; short-term debt: 20.7% and cash: 62.5% of total assets), and 20.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
79.3%
Return on assets
-16.2%
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
1819202122232425
2018 to 2025 · latest year €-9k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
31 d early
2023
23 d late
2022
3 d late
2021
26 d late
2020
31 d late
2019
120 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€45k▼ 17.0%
2024 · €54k
2018: €95k
2019: €96k
2020: €98k
2021: €102k
2022: €72k
2023: €61k
2024: €54k
2018 → 2025
Total assets
€56k▼ 3.8%
2024 · €59k
2018: €95k
2019: €96k
2020: €98k
2021: €102k
2022: €103k
2023: €65k
2024: €59k
2018 → 2025
Net result
€-9k▼ 32.4%
2024 · €-7k
2018: €-7k
2019: €2k
2020: €1k
2021: €4k
2022: €972
2023: €-11k
2024: €-7k
2018 → 2025
Working capital
€45k▼ 16.8%
2024 · €54k
2020: €95k
2021: €101k
2022: €71k
2023: €60k
2024: €54k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€102k-€72k▼ 29.6%€61k▼ 15.2%€54k▼ 11.4%€45k▼ 17.0%
Operating result€2k-€-777€-10k▼ 1,247%€-6k▲ 38.6%€-7k▼ 12.3%
Net result€4k-€972▼ 75.1%€-11k€-7k▲ 36.4%€-9k▼ 32.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7k in 2025 against €6k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €56k
Equity
€45k▼ 17.0%
Debt
€12k▲ 147%
The debt ratio rises from 8.0% to 20.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-7k▼
2024 · €-6k
Cash flow
€-9k▼
2024 · €-7k
Solvency
79.3%▼
2024 · 92.0%
Current ratio
4.84▼
2024 · 12.41
Quick ratio
4.04▼
2024 · 10.66
Debt / equity
0.26▲
2024 · 0.09
ROE
-20.5%▼
2024 · -12.8%
ROA
-16.2%▼
2024 · -11.8%
Interest coverage
-3.67▲
2024 · -12.88
Debt
€12k▲
2024 · €5k
Debt ≤ 1 year
€12k▲
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€59k€56k▼
Fixed assets21/28€145€0▼
Tangible fixed assets22/27€145€0▼
Furniture and vehicles24€145€0▼
Current assets29/58€58k€56k▼
Stocks and contracts in progress3€8k€9k▲
Stocks30/36€8k€9k▲
Amounts receivable within one year40/41€16k€11k▼
Trade receivables40€16k€11k▼
Cash at bank and in hand54/58€34k€35k▲
Deferred charges and accrued income490/1-€407
Equity and liabilities
Total equity and liabilities10/49€59k€56k▼
Equity10/15€54k€45k▼
Contributions10/11€19k€19k=
Reserves13€39k€24k▼
Tax-exempt reserves132€39k€24k▼
Distributable reserves133€0-
Profit (loss) carried forward14€-4k€2k▲
Amounts payable17/49€5k€12k▲
Amounts payable within one year42/48€5k€12k▲
Taxes, remuneration and social security45€326€182▼
Taxes450/3€326€182▼
Other amounts payable47/48€4k€11k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€248€145▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4k€8k▲
Other operating charges640/8€622€452▼
Gross operating margin9900€-2k€2k▲
Operating profit (loss)9901€-6k€-7k▼
Financial charges65/66B€480€2k▲
Recurring financial charges65€480€2k▲
Profit (loss) for the period before taxes9903€-7k€-9k▼
Profit (loss) for the period9904€-7k€-9k▼
Transfer from tax-exempt reserves789€12k€0▼
Profit (loss) for the period to be appropriated9905€5k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€-13k▼
Profit (loss) brought forward from the previous period14P€-11k€-4k▲
Transfer from equity791/2€2k€16k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-12
Financial
Weakest financial yearnet €-11k ▼1216%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 14.27
Current ratio from 3.24 to 14.27; short-term debt falls from €32k to €5k.
03-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Highest result since 2018net €4k ▲207%
Operating result €2k, net result €4k, both a record.
31-12
Financial
Equity above €100kEq €102k ▲4%
3 profitable years in a row build equity to €102k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
28-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 120 days late
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 5 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Balen · 1 establishment unit since 1979
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rijsbergdijk 512490 BalenGround area
1,392 m²
Building footprint
147 m²
Volume, LiDAR
740 m³
Parcel 13003A0210/00X006, Flanders · tallest building 10.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Rijsbergdijk 51, 2490 Balen
since 19792.016.189.936
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13003A0210/00X006 | Flanders | 1,392 m² | 1 · 146 m² | 10.0 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 1,043 EUR awarded · 1,043 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,043 EUR | 1,043 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,239 companies in sector 47781 we hold annual accounts for 744. 451 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-05-1979
Fiscal year end31-12
Activities, NACEBEL
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
52481
Sources
Crossroads Bank for EnterprisesNational Bank · 46 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.