ALEXANDRE
ActiveSummary
ALEXANDRE has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.4m and a net result of €344,954. Equity has been growing by about 4.6% per year since 2018. Its solvency ranks better than 90% of 1,308 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 05-12-1997 Normal situation
- Activity
- Repair and maintenance of other personal and household goods NACE 95290and 1 other
- Joint committees
- 209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid
- 111 Paritair Comité voor de metaal-, machine- en elektrische bouw · annual accounts 2025
- Establishment unit
- 2.084.528.317 3190 Boortmeerbeek, since 11-12-1997
- Financial year end
- 31 December
- Peppol
- Reachable since 27-05-2025
Board and ownership
- Alexandre RuddyDirector · since 19-11-2008
- Henk AlexandreDirector · since 06-03-2023
- Pieter-Jan AlexandreDirector · since 06-03-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €937,081
- ▲ 19.9%
- Turnover
- ≈ €3.6m
- estimated
- Profit
- €344,954
- ▲ 24.0%
- Equity
- €3.4m
- ▲ 11.3%
- Total assets
- €4.0m
- ▲ 9.6%
- Employees on 31-12-2025
- 2
- =
Score breakdownlowers riskLiquidity: current ratio 11.38, cash €1.1mSize: 2.1 FTE, total assets €4.0mFounded in 1997Equity €3.4m (85.8% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 95, micro). It does better than 92% of them on solvency, 84% on liquidity, 62% on profitability and 56% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 37 days before the deadline. In the sector (NACE 95), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 10-07-2026 at the NBB all 28 filings
Every figure per financial year
The operating result for 2025 is 27% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 3 | 2 | 2 | 2 | 2 |
| full-time | 2 | 1 | 2 | 2 | 2 |
| part-time | 1 | 1 | - | - | - |
| in full-time equivalents | 2.4 | 1.4 | 2 | 2 | 2 |
| Average over the year, in full-time equivalents | 2.4 | 1.4 | 1.6 | 2 | 2.1 |
| On a permanent contract | 2 | 1 | 2 | 2 | 2 |
| Joined | 1 | 0 | 1 | 1 | 1 |
| Left | 0 | 1 | 1 | 1 | 1 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | - | - | - | - | €416,667 |
| Mortgages, amount registered | - | - | - | €25,000 | €25,000 |
| Mortgage mandates | - | - | - | €475,000 | €475,000 |
| Carrying value of the mortgaged assets | - | - | - | €814,456 | €1.2m |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €133,158 | €121,598 | €267,745 | €1.1m | €1.1m |
| Financial fixed assets | - | €8,720 | - | €30,000 | - |
| Depreciation and write-downs of the year | €88,535 | €93,857 | €96,525 | €150,677 | €144,240 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 to 2024 · 2 entries · €824 awarded · €824 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €291 | €291 |
| 2023 | 1 | €533 | €533 |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €34,000 | - | €33,015 | - |
| Remuneration, social security and pensions62 | - | - | - | €74,560 | €59,918 | €83,764 | €110,564 | €113,740 | ▲ 2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €103,028 | €110,020 | €96,301 | €88,535 | €93,857 | €96,525 | €150,677 | €144,240 | ▼ 4.3% |
| Other operating charges640/8 | - | - | - | €11,833 | €6,948 | €8,986 | €110,788 | €76,745 | ▼ 30.7% |
| Non-recurring operating charges66A | - | - | - | - | - | €76,058 | €18,789 | €104,641 | ▲ 457% |
| Gross operating margin9900 | €692,552 | €493,628 | €762,020 | €573,554 | €594,722 | €560,002 | €781,541 | €937,081 | ▲ 19.9% |
| Operating profit (loss)9901 | €489,694 | €246,084 | €523,964 | €398,627 | €433,999 | €294,669 | €390,722 | €497,715 | ▲ 27.4% |
| Financial income75/76B | - | - | - | €441 | €57 | €2,621 | €20,330 | €12,948 | ▼ 36.3% |
| Recurring financial income75 | €887 | €882 | €497 | €441 | €57 | €2,621 | €20,330 | €12,948 | ▼ 36.3% |
| Financial charges65/66B | - | - | - | €1,159 | €1,122 | €269 | €12,375 | €15,321 | ▲ 23.8% |
| Recurring financial charges65 | €1,433 | €847 | €268 | €1,120 | €494 | €269 | €12,375 | €15,321 | ▲ 23.8% |
| Non-recurring financial charges66B | - | - | - | €39 | €628 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €488,759 | €245,849 | €522,993 | €397,909 | €432,935 | €297,021 | €398,677 | €495,343 | ▲ 24.2% |
| Income taxes67/77 | €162,017 | €72,659 | €160,938 | €117,064 | €134,091 | €87,734 | €120,537 | €150,389 | ▲ 24.8% |
| Profit (loss) for the period9904 | €326,742 | €173,190 | €362,055 | €280,846 | €298,844 | €209,287 | €278,140 | €344,954 | ▲ 24.0% |
| Profit (loss) for the period to be appropriated9905 | €326,742 | €173,190 | €362,055 | €280,846 | €298,844 | €209,287 | €278,140 | €344,954 | ▲ 24.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.6m | €2.9m | €3.1m | €2.9m | €3.0m | €3.4m | €3.6m | €4.0m | ▲ 9.6% |
| Fixed assets21/28 | €0.4m | €0.5m | €0.5m | €0.4m | €0.4m | €0.5m | €1.4m | €1.7m | ▲ 21.3% |
| Intangible fixed assets21 | €348 | - | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €0.4m | €0.5m | €0.4m | €0.4m | €0.4m | €0.5m | €1.4m | €1.7m | ▲ 24.0% |
| Land and buildings22 | - | - | - | €0.2m | €0.2m | €0.2m | €1.0m | €1.4m | ▲ 42.3% |
| Plant, machinery and equipment23 | - | - | - | €0.05m | €0.05m | €0.05m | €0.03m | €0.03m | ▼ 2.4% |
| Furniture and vehicles24 | - | - | - | €0.2m | €0.2m | €0.3m | €0.4m | €0.3m | ▼ 18.2% |
| Other tangible fixed assets26 | - | - | - | €0.07m | €0.06m | €0.05m | €0.04m | €0.03m | ▼ 24.1% |
| Financial fixed assets28 | €0.04m | €0.06m | €0.06m | €319 | €0.009m | €319 | €0.03m | €319 | ▼ 98.9% |
| Current assets29/58 | €2.1m | €2.4m | €2.6m | €2.5m | €2.5m | €2.9m | €2.2m | €2.2m | ▲ 2.1% |
| Stocks and contracts in progress3 | €0.08m | €0.2m | €0.1m | €0.08m | €0.06m | €0.3m | €0.08m | €0.02m | ▼ 77.1% |
| Stocks30/36 | - | - | - | €0.08m | €0.06m | €0.3m | €0.08m | €0.02m | ▼ 77.1% |
| Amounts receivable within one year40/41 | €0.3m | €0.6m | €0.5m | €0.2m | €0.6m | €1.2m | €0.4m | €0.3m | ▼ 20.2% |
| Trade receivables40 | - | - | - | €0.2m | €0.6m | €1.2m | €0.4m | €0.3m | ▼ 10.9% |
| Other amounts receivable41 | - | - | - | €0.004m | €298 | €0.01m | €0.05m | €0.001m | ▼ 96.9% |
| Current investments50/53 | - | - | - | - | - | €1.0m | €0.5m | €0.8m | ▲ 60.4% |
| Cash at bank and in hand54/58 | €1.7m | €1.6m | €1.9m | €2.2m | €1.8m | €0.3m | €1.2m | €1.1m | ▼ 9.5% |
| Deferred charges and accrued income490/1 | - | - | - | €0.01m | €0.01m | €0.02m | €0.02m | €0.02m | ▲ 14.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.6m | €2.9m | €3.1m | €2.9m | €3.0m | €3.4m | €3.6m | €4.0m | ▲ 9.6% |
| Equity10/15 | €2.3m | €2.5m | €2.8m | €2.6m | €2.7m | €2.8m | €3.1m | €3.4m | ▲ 11.3% |
| Contributions10/11 | €0.06m | €0.06m | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Reserves13 | €2.2m | €2.4m | €2.8m | €2.6m | €2.6m | €2.7m | €3.0m | €3.4m | ▲ 11.4% |
| Tax-exempt reserves132 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Distributable reserves133 | - | - | - | €2.6m | €2.6m | €2.7m | €3.0m | €3.3m | ▲ 11.6% |
| Profit (loss) carried forward14 | €0.006m | €0.006m | €0.006m | €0.005m | €0.005m | €0.005m | - | - | - |
| Amounts payable17/49 | €0.3m | €0.4m | €0.2m | €0.3m | €0.3m | €0.6m | €0.6m | €0.6m | ▲ 0.8% |
| Amounts payable after more than one year17 | - | - | - | - | - | - | €0.4m | €0.4m | ▼ 12.0% |
| Financial debts170/4 | - | - | - | - | - | - | €0.4m | €0.4m | ▼ 12.0% |
| Amounts payable within one year42/48 | €0.3m | €0.4m | €0.2m | €0.3m | €0.3m | €0.6m | €0.1m | €0.2m | ▲ 37.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | - | €0.05m | €0.05m | = |
| Trade debts44 | €0.2m | €0.4m | €0.1m | €0.06m | €0.1m | €0.4m | €0.01m | €0.008m | ▼ 31.8% |
| Suppliers440/4 | - | - | - | €0.06m | €0.1m | €0.4m | €0.01m | €0.008m | ▼ 31.8% |
| Advances received on contracts in progress46 | - | - | - | €0.001m | €0.001m | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.05m | €0.2m | €0.09m | €0.06m | €0.1m | ▲ 96.4% |
| Taxes450/3 | - | - | - | €0.04m | €0.1m | €0.08m | €0.05m | €0.09m | ▲ 81.8% |
| Remuneration and social security454/9 | - | - | - | €0.02m | €0.01m | €0.02m | €0.01m | €0.03m | ▲ 167% |
| Other amounts payable47/48 | - | - | - | €0.2m | €0.02m | €0.1m | €0.02m | €0.02m | ▲ 3.3% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | - | €0.001m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.3m | €0.2m | €0.4m | €0.3m | €0.3m | €0.2m | €0.3m | €0.3m | ▲ 24.0% |
| + Depreciation and write-downs630 | €0.1m | €0.1m | €0.1m | €0.09m | €0.09m | €0.1m | €0.2m | €0.1m | ▼ 4.3% |
| Operating cash flow (approximation) | €0.4m | €0.3m | €0.5m | €0.4m | €0.4m | €0.3m | €0.4m | €0.5m | ▲ 14.1% |
| Investment in fixed assets (approximation) | - | -€0.2m | -€0.08m | -€0.01m | -€0.1m | -€0.2m | -€1.0m | -€0.4m | ▲ 56.9% |
| Change in cash | - | -€0.1m | €0.3m | €0.3m | -€0.4m | -€1.5m | €0.9m | -€0.1m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 31,368 companies had the same profile as ALEXANDRE has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ALEXANDRE itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for ALEXANDRE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 28 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 10-07-2026 | 2026-00288109 | |
| 31-12-2024 | abbreviated format | 20-05-2025 | 2025-00101709 | |
| 31-12-2023 | abbreviated format | 04-06-2024 | 2024-00109399 | |
| 31-12-2022 | abbreviated format | 09-05-2023 | 2023-00087600 | |
| 31-12-2021 | abbreviated format | 29-07-2022 | 2022-20243181 | |
| 31-12-2020 | abbreviated format | 07-06-2021 | 2021-17700073 | |
| 31-12-2019 | abbreviated format | 28-08-2020 | 2020-46300017 | |
| 31-12-2018 | abbreviated format | 07-06-2019 | 2019-16800178 | |
| 31-12-2017 | abbreviated format | 17-08-2018 | 2018-46300506 | |
| 31-12-2016 | abbreviated format | 12-09-2017 | 2017-60600045 |
Board & ownership
Directors
Owners and capital
Owners
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Alexandre Ruddy |
|
| Henk Alexandre |
|
| Pieter-Jan Alexandre |
|
| Tine Alexandre |
|
Network & group
ALEXANDRE shares no director with another company.
Connections & network
4 current directorsThe network starts from the directors of ALEXANDRE. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
17-04
Gazette deed
Appointments: Tine Alexandre, Henk Alexandre and Pieter-Jan Alexandre4 points ▸
- General meeting, 06-03-2023
- Director appointment, Tine Alexandre (director)
- Director appointment, Henk Alexandre (director)
- Director appointment, Pieter-Jan Alexandre (director)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
Invoicing and payment
Financial year and general meeting
Accounts at the NBBEnvironmental permits
Source: Omgevingsloket Vlaanderen.
Sites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24014D0050/00C002 | Flanders | 7,644 m² | 1 · 1,689 m² | - |
| 24014D0203/00V000 | Flanders | 1,434 m² | 1 · 190 m² | 8.3 m · 2 |