Equity
€1.2m ▼ 0.9%
ALEXO paid out €56,000 in dividends. That is 125% of the 2025 profit.
ALEXO
Lifetime
20 annual accounts with figures on one time axis, 21 filings since 2005peak €508,410 (2024)
€390,950▼ 23.1%
peak €321,688 (2024)
€44,780▼ 86.1%
peak €1.2m (2024)
€1.2m▼ 0.9%
€239,460▼ 30.7%
Board1 name since 2021
1 directorDelaere Olivier
Documentsfilings and deeds
17-08-202617 days late
2025micro format
Gross margin from €508,410 to €390,950Result from €321,688 to €44,780Dividend €56,000Debts from €345,297 to €239,460Cash from €181,847 to €278,102
Key points
from the 2025 annual accountsResult
€44,780 ▼ 86.1%
The result fell in 2025 from €321,688 to €44,780.
Turnover
≈ €1.7m estimated
The micro format states no turnover.
Liquidity
4.57 was 3.64 in 2024
Short-term debts fell from €315,361 to €230,208.
Filings
21 annual accounts since 2005
Nine of the last ten came late. The 2023 accounts came latest: 68 days after the end of the period.
Position in the sector
€1.2m
More equity than 95% of companies in wholesale trade. Sector median €56,545 · 13,815 companies.
Checked score
96
Excellent
Financially stronger than 65% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,892 companies (NACE 46, micro).
Fewer than 1 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 01-2025
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: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.2 percentage points vs 07-2026highest value
09-2026: 0.1%▼ -0.2 percentage points vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 17 days late; 1 of the last 3 accounts late
lowers risk
Founded in 2004
Equity €1.2m (83.5% of total assets)
Liquidity: current ratio 4.57, cash €278,102
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 46, micro). It does better than 90% of them on solvency, 75% on liquidity, 59% on profitability and 38% on growth.
The bankruptcy probability was computed on 07-11-2026 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).
Comparable companies, two years later
In July 2024, 14,766 companies had the same profile as ALEXO has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ALEXO itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 14,766 companies, not a prediction for ALEXO. 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
Credit of up to €110,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.57 (3.64 in 2024), above the usual 1.5. Short-term debt is 15.9% and cash 19.2% of total assets. 16.5% of the assets are financed with debt and provisions.
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
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 17 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 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 filingsDeviation from the deadline
2025
17 days late
2024
51 days early
2023
68 days late
2022
31 days late
2021
30 days late
2020
31 days late
2019
6 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 19 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 (4 of the last 5 accounts filed within 39 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Environmental permit granted
Slopen van niet vrijstaande gebouwen of constructies · Maaseik
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0870896286
Environmental permit granted
Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning), Verbouwen en/of uitbreiden zonder functiewijziging en met wijzigen van aantal woongelegenheden · Gent
Change of role: DELAERE Olivier Marc, from manager to director
Name clause: ALEXO · Director discharge: DELAERE Olivier Marc (manager) · General meeting of 28-12-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ALEXO Ham-sur-Heure-Nalinnes | €1.4m | €390,950 | 83.5% | - |
| ELLIE Mouscron | €1.9m | €409,794 | 26.6% | - |
| Axo Industry International Wavre | €1.6m | €293,358 | 57.6% | 3.9 |
| Adhoc Medical Verviers | €1.7m | €380,864 | 58.0% | 0.7 |
| B-DENTAL Lummen | €1.5m | €562,076 | 62.0% | 4.2 |
| HAROMED Ghent | €1.5m | €565,606 | 90.0% | 1.6 |
| ORTHO SINA Jette | €1.4m | €279,184 | 70.7% | 1.8 |
These companies have the same main activity as ALEXO: wholesale of pharmaceutical and medical goods (NACE 46460). They are comparable in size and age: total assets between €1.4m and €1.9m, founded between 2003 and 2008.
Official details
Source: KBO- Status
- Active since 30-12-2004Normal situation
- Activity
- Wholesale of pharmaceutical and medical goodsNACE 46460and 1 other
- Establishment unit
- 2.156.893.9786120 Ham-sur-Heure-Nalinnes, since 30-12-2004
- Financial year end
- 31 December
- Peppol
- Reachable since 29-08-2025
Insights on ALEXO
ALEXO files the micro format. That format states no turnover. The gross margin rose from €58,435 in 2006 to €390,950 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 ALEXO
- What is the company number of ALEXO?
- The company number of ALEXO is 0870.896.286. The VAT number is the same number with BE in front: BE 0870.896.286.
- Where is ALEXO based?
- The registered office is at Rue du Dépôt 22, 6120 Ham-sur-Heure-Nalinnes.Company details
- What does ALEXO do?
- According to the KBO register, the main activity is wholesale of pharmaceutical and medical goods (NACE 46460).
- What is the legal form of ALEXO?
- ALEXO is a private limited company (BV).
- When was ALEXO founded?
- ALEXO was founded on 30-12-2004.
- Is ALEXO still active?
- Yes, ALEXO is an active enterprise in the KBO register.
- What is the turnover of ALEXO?
- The turnover in financial year 2025 is ≈ €1.7m. This figure is estimated from the gross margin of €390,950 and 39 comparable companies (NACE 464). It probably lies between €1.3m and €2.7m.Financials
- Is ALEXO profitable?
- In financial year 2025, ALEXO made a profit of €44,780.
- Where can I find the annual accounts of ALEXO?
- ALEXO filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ALEXO due?
- ALEXO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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