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ALH

Active
Private limited company (pre-2019)founded 200620 yrs activeRue Arthur Hardy 75, 1300 Wavre, BelgiumKBO/BCE: BE 0879.067.844
Summary

ALH has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€22,708) and a net result of -€793. Equity is shrinking by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 32629 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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 2025
Age of the figures
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 20 years 0 30 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 -€22,708
neutral · Filed after the deadline
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. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
31 d late
2024
2 d early
2023
30 d late
2022
12 d early
2021
19 d early
2020
37 d early
2019
27 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 3 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 29 July (5 of the last 5 filed years within 33 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ALH was incorporated on 16 January 2006.1 The company has filed 19 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
-€22,708▼ 3.6%
2024 · -€21,915
Total assets
€13▲ 133%
2024 · €6
Net result
-€793▼ 13.1%
2024 · -€701
Working capital
-€22,708▼ 3.6%
2024 · -€21,915
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€860-€703▲ 18.3%-€761▼ 8.3%-€701▲ 7.9%-€734▼ 4.7%
Net result-€1,040below the sector's middle half-€950below the sector's middle half▲ 8.7%-€809below the sector's middle half▲ 14.8%-€701below the sector's middle half▲ 13.4%-€793below the sector's middle half▼ 13.1%
Equity-€19,455below the sector's middle half▼ 5.6%-€20,405below the sector's middle half▼ 4.9%-€21,214below the sector's middle half▼ 4.0%-€21,915below the sector's middle half▼ 3.3%-€22,708below the sector's middle half▼ 3.6%
Total assets€22below the sector's middle half▼ 79.9%€22below the sector's middle half▲ 0.9%€86below the sector's middle half▲ 292%€6below the sector's middle half▼ 93.5%€13below the sector's middle half▲ 133%
Debt€19,477▲ 5.1%€20,427▲ 4.9%€21,301▲ 4.3%€21,921▲ 2.9%€22,721▲ 3.6%
Working capital-€19,455below the sector's middle half▼ 5.6%-€20,405below the sector's middle half▼ 4.9%-€21,214below the sector's middle half▼ 4.0%-€21,915below the sector's middle half▼ 3.3%-€22,708below the sector's middle half▼ 3.6%
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€1,500-€1,000-€500€0Operating result 2021: -€860-€860Net result 2021: -€1,040-€1,040Operating result 2022: -€703-€703Net result 2022: -€950-€950Operating result 2023: -€761-€761Net result 2023: -€809-€809Operating result 2024: -€701-€701Net result 2024: -€701-€701Operating result 2025: -€734-€734Net result 2025: -€793-€79320212022202320242025-€1,000-€750-€500-€250€0Operating result 2023: -€761-€761Net result 2023: -€809-€809Operating result 2024: -€701-€701Net result 2024: -€701-€701Operating result 2025: -€734-€734Net result 2025: -€793-€793202320242025
The operating result stays negative: a loss of €734 in 2025 against €701 in 2024; the loss grows.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€22,721▲
2024 · €21,921
Ratios withheld: a balance sheet total of €13 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,621 companies that looked in July 2024 the way this one looks now, 4.5% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more
4.5% went bankrupt
10.0% stopped otherwise
84% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,621 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 20 lines
Balance sheet Code20242025
Assets
Total assets20/58€6€13▲
Current assets29/58€6€13▲
Cash at bank and in hand54/58€6€13▲
Equity and liabilities
Total equity and liabilities10/49€6€13▲
Equity10/15-€21,915-€22,708▼
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14-€40,515-€41,308▼
Amounts payable17/49€21,921€22,721▲
Amounts payable within one year42/48€21,921€22,721▲
Other amounts payable47/48€21,921€22,721▲
Income statement Code20242025
Other operating charges640/8€84€86▲
Gross operating margin9900-€617-€648▼
Operating profit (loss)9901-€701-€734▼
Financial charges65/66B-€59
Recurring financial charges65-€59
Profit (loss) for the period before taxes9903-€701-€793▼
Profit (loss) for the period9904-€701-€793▼
Profit (loss) for the period to be appropriated9905-€701-€793▼
Appropriation of the result
Profit (loss) to be appropriated9906-€40,515-€41,308▼
Profit (loss) brought forward from the previous period14P-€39,814-€40,515▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€55€97€84€84€86▲ 2.3%
Gross operating margin9900-€805-€606-€678-€617-€648▼ 5.0%
Operating profit (loss)9901-€860-€703-€761-€701-€734▼ 4.7%
Financial charges65/66B€181€247€48-€59-
Recurring financial charges65€181€247€48-€59-
Profit (loss) for the period before taxes9903-€1,040-€950-€809-€701-€793▼ 13.1%
Profit (loss) for the period9904-€1,040-€950-€809-€701-€793▼ 13.1%
Profit (loss) for the period to be appropriated9905-€1,040-€950-€809-€701-€793▼ 13.1%
Line20212022202320242025Change
Assets
Total assets20/58€22€22€86€6€13▲ 133%
Current assets29/58€22€22€86€6€13▲ 133%
Cash at bank and in hand54/58€22€22€86€6€13▲ 133%
Equity and liabilities
Total equity and liabilities10/49€22€22€86€6€13▲ 133%
Equity10/15-€19,455-€20,405-€21,214-€21,915-€22,708▼ 3.6%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Profit (loss) carried forward14-€38,055-€39,005-€39,814-€40,515-€41,308▼ 2.0%
Amounts payable17/49€19,477€20,427€21,301€21,921€22,721▲ 3.6%
Amounts payable within one year42/48€19,477€20,427€21,301€21,921€22,721▲ 3.6%
Other amounts payable47/48€19,477€20,427€21,301€21,921€22,721▲ 3.6%
Line20212022202320242025Change
Profit (loss) for the period9904-€1,040-€950-€809-€701-€793▼ 13.1%
Operating cash flow (approximation)-€1,040-€950-€809-€701-€793▼ 13.1%
Change in cash-€0€64-€81€7▲ 109%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
29-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
19-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
12-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
24-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €108
Net result €108 after 2 loss-making years.
27-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
31-12
Financial Weakest financial yearnet -€1,574
Net result drops to -€1,574, the lowest in the series; recovery starts the following year.
17-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
04-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 4 days late
2017
23-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Wavre · 1 establishment unit since 2006
seat establishment The establishment unit on the map
Ground area
4,978 m²
Building footprint
212 m²
Volume, LiDAR
1,084 m³
Parcel 25055D0543/00P002, Wallonia · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
ALH
Rue Arthur Hardy 75, 1300 WavreNACE 7414101
since 20062.152.150.282
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25055D0543/00P002 Wallonia 4,978 m² 1 · 211 m² 7.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 82,601 companies in this sector we hold annual accounts for 52,629. See the whole sector

Company details

Identification
Legal formPrivate limited company (pre-2019)
Founded16-01-2006
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73200Market research and public opinion polling
E-invoicing
Not found in the Peppol register

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Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.