Skip to content

ALEXEM

Active
Private limited company (pre-2019)founded 1999active for 27 yearsVandenhovenstraat 97, 1200 Sint-Lambrechts-Woluwe, BelgiumKBO/BCE: BE 0465.931.580
Summary

The computed 12-month bankruptcy probability of ALEXEM is 2.9% (moderate). The 2025 annual accounts show negative equity (-€114,373) and a net result of -€19,019. Equity has been shrinking by about 26% per year since 2018. Its solvency ranks better than 5% of 8,584 sector peers (NACE 73, financial year 2025). The company has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 23-04-1999 Normal situation
Activity
Advertising agencies NACE 73110
Establishment units
2.132.869.553 1020 Brussel, since 01-01-2002
2.132.867.969 1000 Brussel, since 20-06-2003
Financial year end
31 December
Peppol
Reachable since 31-12-2025

Financial position

48 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.9%
Annual accounts 2025
Gross margin
-€6,726
▼ 1,625%
Loss
€19,019
▲ 35.9%
Equity
-€114,373
▼ 19.9%
Total assets
€92,023
▼ 10.9%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 31 days after the deadline
Turnover not published (micro format)
Score breakdownraises riskLoss of €19,019, the second in a row (financial year 2025)Last filed accounts filed 31 days late; 2 of the last 3 accounts lateNegative equity -€114,373lowers riskSize: total assets €92,023Show the evidence

Checked score

Score 2025
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 9% of micro companies in advertising and market research (NACE 73)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -124.3% of total assets
Liquidity 1-1
short-term debt 224.3% · cash 0.8%
Profitability 0-2
return on assets -20.7%
Bankruptcy probability within 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,227 companies, NACE 73, micro)
Last 24 months 12-2024: 1.5% 01-2025: 1.5%● unchanged vs 12-2024 02-2025: 1.5%● unchanged vs 01-2025 03-2025: 1.4%▼ -0.1 percentage points vs 02-2025 04-2025: 1.4%● unchanged vs 03-2025 05-2025: 1.4%● unchanged vs 04-2025 06-2025: 1.4%● unchanged vs 05-2025lowest value 07-2025: 1.5%▲ +0.1 percentage points vs 06-2025 08-2025: 2.1%▲ +0.6 percentage points vs 07-2025 09-2025: 2.3%▲ +0.2 percentage points vs 08-2025 10-2025: 1.6%▼ -0.7 percentage points vs 09-2025 11-2025: 1.6%● unchanged vs 10-2025 12-2025: 1.6%● unchanged vs 11-2025 01-2026: 1.6%● unchanged vs 12-2025 02-2026: 1.6%● unchanged vs 01-2026 03-2026: 1.5%▼ -0.1 percentage points vs 02-2026 04-2026: 1.5%● unchanged vs 03-2026 05-2026: 1.5%● unchanged vs 04-2026 06-2026: 1.5%● unchanged vs 05-2026 07-2026: 1.5%● unchanged vs 06-2026 08-2026: 2.0%▲ +0.5 percentage points vs 07-2026 09-2026: 2.9%▲ +0.9 percentage points vs 08-2026highest value 10-2026: 2.9%● unchanged vs 09-2026highest value 11-2026: 2.9%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.37 (0.38 in 2024), below 1. Short-term debt is 224.3% and cash 0.8% of total assets. Equity is negative.
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 73, micro). It does better than 5% of them on solvency, 3% on liquidity, 6% on profitability and 24% on growth.

The bankruptcy probability was computed on 03-11-2026 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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €92,023
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €19,019, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Last filed accounts filed 31 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Negative equity -€114,373
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€114,373
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 · 10 filings
Deviation from the deadline
2025
31 days late
2024
31 days late
2023
29 days late
2022
30 days late
2021
23 days late
2020
30 days late
2019
77 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 73), the median for financial year 2024 was 6 days before the deadline, and 36% 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 30 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€114,373 View
  • Risk: 7 loss-making years in a rowloss in financial year 2025 -€19,019 View
  • Caution: Lower solvency than 95% of companies in advertising and market researchsector median 53.4% · 8,584 companies -124.3% View

Recent changes

  1. · Gazette deed Incorporation
All 12 events

Comparable companies

These companies have the same main activity as ALEXEM: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €84,900 and €117,000, founded between 1996 and 2001.

CompanyTotal assetsGross margin
ALEXEM Sint-Lambrechts-Woluwe€92,023-€6,726
SESAME PROSPECTION Elsene€84,916-€7,948
"ENTRE RÊVES ET RÉALITÉ" en néerlandais "TUSSEN DROMEN EN WERKELIJKHEID" en anglais “DREAMS AND REALITY” en italien “TRA SOGNI E REALTÀ” Koekelberg€116,581-€14,555
GENERACTION EUROPE Lasne€90,692-€3,252
ANDRE POSEL Anthisnes€85,653-€564
OXYTON.COM Liège€90,147-€20,408
DACO PRODUCTS Antwerpen€85,533-€15,770
Full comparison

Key facts about ALEXEM

What is the company number of ALEXEM?
The company number of ALEXEM is 0465.931.580. The VAT number is the same number with BE in front: BE 0465.931.580.
Where is ALEXEM based?
The registered office is at Vandenhovenstraat 97, 1200 Sint-Lambrechts-Woluwe.Company details
What does ALEXEM do?
According to the KBO register, the main activity is advertising agencies (NACE 73110).
What is the legal form of ALEXEM?
The legal form of ALEXEM is Private limited company (pre-2019) (BVBA).
When was ALEXEM founded?
ALEXEM was founded on 23-04-1999.
Is ALEXEM still active?
Yes, ALEXEM is an active enterprise in the KBO register.
What is the turnover of ALEXEM?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is ALEXEM profitable?
In financial year 2025, ALEXEM made a loss of €19,019.
Where can I find the annual accounts of ALEXEM?
ALEXEM filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ALEXEM due?
ALEXEM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.