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ALEXMAT

Active Private limited companyfounded 1988active for 38 yearsWaversesteenweg 28, 1560 HoeilaartKBO/BCE: BE 0433.106.186 #5 oldest company in Hoeilaart, Construction sector

Lifetime

18 annual accounts with figures on one time axis, 36 filings since 1988
peak €54,521 (2020)
€13,497▼ 49.1%
lowest -€15,912 (2014)
-€5,275▼ €7,380
peak €79,789 (2024)
€39,514▼ 50.5%
€44,213▲ 19×
Board2 names since 2017
1 director
Documentsfilings and deeds
29-09-202660 days late
2025micro format
Gross margin from €26,536 to €13,497Loss of €5,275Dividend €35,000Equity from €79,789 to €39,514Debts from €2,337 to €44,213Cash from €5,307 to €10,550

Key points

from the 2025 annual accounts

Equity

€39,514 ▼ 50.5%
79,7892024-5,275Loss-35,000Dividend39,5142025

ALEXMAT paid out €35,000 in dividends in a year with a loss of €5,275.

Liquidity

1.09 was 16.18 in 2024

Short-term debts rose from €2,337 to €44,213.

Filings

36 annual accounts since 1988
AprilJune31 JulyOctober1990200020102020

Three of the last ten came late. The 2025 accounts came latest: 60 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 12,344 companies had the same profile as ALEXMAT has now. Each dot stands for 31 companies, two years later.

90.1%
were still trading
8.7%
stopped another way
0.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.5% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 12,344 companies, not a prediction for ALEXMAT. 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.

Credit verdict

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

Signals

Board and ownership

Manager, since 12-01-2017
Board & ownership

Recent changes

Registered office moved within Hoeilaart New registered office: B-1560 Hoeilaart, Waversesteenweg 167 · Previous registered office: B-1560 Hoeilaart, Waversesteenweg 28 · General meeting of 26-12-2023 · Gazette deed
Company renamed from FLOW-THERM to ALEXMAT Registered office moved from Nivelles to Hoeilaart · New registered office: Waversesteenweg 28, 1560 Hoeilaart · Previous registered office: Rue Sainte Barbe 110 boîte 9, 1400 Nivelles · General meeting of 12-01-2017 · Gazette deed
First establishment Waversesteenweg 167, Hoeilaart
Incorporation published on 10-02-1988 · Gazette deed
All 44 events

Comparable companies

same main activity, similar in size and age
Company
ALEXMAT Hoeilaart €83,727 €13,497 47.2% -
MAKIETIE Balen €85,314 €12,265 63.7% -
BOUWWERKEN SMEETS Peer €47,429 €8,142 -76.1% -
GINRO Temse €86,046 €9,296 87.9% -
BUILTRO Zottegem €132,893 €32,529 95.1% -
EVLAN Sint-Pieters-Leeuw €77,711 €10,346 34.5% -
PVH CONSULTING Sint-Pieters-Leeuw €87,440 €11,287 90.2% -

These companies have the same main activity as ALEXMAT: general construction of other non-residential buildings (NACE 41003). They are comparable in size and age: total assets between €47,400 and €133,000, founded between 1988 and 2009.

Official details

Source: KBO
Status
Active since 20-01-1988Normal situation
Activity
General construction of other non-residential buildingsNACE 41003and 1 other
Establishment unit
2.033.517.0071560 Hoeilaart, since 19-01-1998
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

≈ €160,000estimated
€83,727▲ 1.9%
Filing
Filed on 29-09-2026
Financials

Insights on ALEXMAT

ALEXMAT files the micro format. That format states no turnover. The gross margin rose from -€3,296 in 2008 to €13,497 in 2025.

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 ALEXMAT

What is the company number of ALEXMAT?
The company number of ALEXMAT is 0433.106.186. The VAT number is the same number with BE in front: BE 0433.106.186.
Where is ALEXMAT based?
The registered office is at Waversesteenweg 28, 1560 Hoeilaart.Company details
What does ALEXMAT do?
According to the KBO register, the main activity is general construction of other non-residential buildings (NACE 41003).
What is the legal form of ALEXMAT?
ALEXMAT is a private limited company (BV).
When was ALEXMAT founded?
ALEXMAT was founded on 20-01-1988.
Is ALEXMAT still active?
Yes, ALEXMAT is an active enterprise in the KBO register.
What is the turnover of ALEXMAT?
The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €13,497 and 302 comparable companies (NACE 410). It probably lies between €82,000 and €300,000. It is a rough estimate.Financials
Is ALEXMAT profitable?
In financial year 2025, ALEXMAT made a loss of €5,275.
Where can I find the annual accounts of ALEXMAT?
ALEXMAT filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ALEXMAT due?
ALEXMAT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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