ALIREC
ActiveSummary
The computed 12-month bankruptcy probability of ALIREC is 2.2% (moderate). The 2025 annual accounts show equity of €48.1m and a net result of -€361,910. Equity is growing by ~9.5% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability18=
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
Liquidity short (current ratio 0.87 against 0.63 in 2024; short-term debt: 1% and cash: 0.9% of total assets), and 1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
99%
Return on assets
-0.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
22 d early
2024
17 d early
2023
36 d early
2022
25 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 25 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€48.1m▲ 9.6%
2024 · €43.8m
Total assets
€48.5m▲ 10.5%
2024 · €43.9m
Net result
-€361,910▼ 19.4%
2024 · -€303,103
Working capital
-€63,354▼ 62.6%
2024 · -€38,959
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result-€99,431--€198,251▼ 99.4%-€301,003▼ 51.8%-€360,857▼ 19.9%
Net result-€99,950--€199,738▼ 99.8%-€303,103▼ 51.8%-€361,910▼ 19.4%
Equity€36.7m-€36.5m▼ 0.5%€43.8m▲ 20.0%€48.1m▲ 9.6%
Total assets€36.8m-€38.3m▲ 4.0%€43.9m▲ 14.7%€48.5m▲ 10.5%
Debt€84,648-€1.8m▲ 1,984%€105,325▼ 94.0%€495,792▲ 371%
Working capital€4.9m--€295,771-€38,959▲ 86.8%-€63,354▼ 62.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €360,857 in 2025 against €301,003 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €48.5m
Fixed assets
€48.1m ▲ 9.7%
Current assets
€432,438 ▲ 552%
Equity and liabilities €48.5m
Equity
€48.1m ▲ 9.6%
Debt
€495,792 ▲ 371%
Debt's share of the balance-sheet total rises from 0.2% to 1.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
-€354,807▼
2024 · -€300,344
Cash flow
-€355,860▼
2024 · -€302,444
Current ratio
0.87▲
2024 · 0.63
Debt to equity
0.01▲
2024 · 0.00
ROE
-0.8%▼
2024 · -0.7%
ROA
-0.7%▼
2024 · -0.7%
Interest coverage
-631.60▲
2024 · -1172.07
Debt ≤ 1 year
€495,792▲
2024 · €105,325
Income taxes
€501▼
2024 · €1,844
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | €197,752 | €298,951 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €659 | €6,050 | ▲ 818% |
| Other operating charges640/8 | €770 | €499 | €1,394 | €1,276 | ▼ 8.4% |
| Gross operating margin9900 | -€98,661 | -€197,752 | -€298,951 | -€353,531 | ▼ 18.3% |
| Operating profit (loss)9901 | -€99,431 | -€198,251 | -€301,003 | -€360,857 | ▼ 19.9% |
| Financial income75/76B | €108 | €0 | - | €10 | - |
| Recurring financial income75 | €108 | €0 | - | €10 | - |
| Financial charges65/66B | €628 | €247 | €256 | €562 | ▲ 119% |
| Recurring financial charges65 | €628 | €247 | €256 | €562 | ▲ 119% |
| Profit (loss) for the period before taxes9903 | -€99,950 | -€198,498 | -€301,259 | -€361,409 | ▼ 20.0% |
| Income taxes67/77 | - | €1,240 | €1,844 | €501 | ▼ 72.8% |
| Profit (loss) for the period9904 | -€99,950 | -€199,738 | -€303,103 | -€361,910 | ▼ 19.4% |
| Profit (loss) for the period to be appropriated9905 | -€99,950 | -€199,738 | -€303,103 | -€361,910 | ▼ 19.4% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €36.8m | €38.3m | €43.9m | €48.5m | ▲ 10.5% |
| Fixed assets21/28 | €31.8m | €36.8m | €43.9m | €48.1m | ▲ 9.7% |
| Intangible fixed assets21 | - | - | €29,591 | €23,541 | ▼ 20.4% |
| Financial fixed assets28 | €31.8m | €36.8m | €43.8m | €48.1m | ▲ 9.7% |
| Current assets29/58 | €5.0m | €1.5m | €66,366 | €432,438 | ▲ 552% |
| Amounts receivable within one year40/41 | €5.0m | €1.0m | €0 | €110 | - |
| Trade receivables40 | €2,063 | €0 | - | €110 | - |
| Other amounts receivable41 | €5.0m | €1.0m | €0 | - | - |
| Cash at bank and in hand54/58 | €18,707 | €467,060 | €65,539 | €429,636 | ▲ 556% |
| Deferred charges and accrued income490/1 | - | €1,473 | €826 | €2,692 | ▲ 226% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €36.8m | €38.3m | €43.9m | €48.5m | ▲ 10.5% |
| Equity10/15 | €36.7m | €36.5m | €43.8m | €48.1m | ▲ 9.6% |
| Contributions10/11 | €36.8m | €36.8m | €44.4m | €49.0m | ▲ 10.3% |
| Profit (loss) carried forward14 | -€99,950 | -€299,688 | -€602,791 | -€964,702 | ▼ 60.0% |
| Amounts payable17/49 | €84,648 | €1.8m | €105,325 | €495,792 | ▲ 371% |
| Amounts payable within one year42/48 | €84,648 | €1.8m | €105,325 | €495,792 | ▲ 371% |
| Trade debts44 | €84,648 | €33,212 | €54,996 | €45,400 | ▼ 17.4% |
| Suppliers440/4 | €84,648 | €33,212 | €54,996 | €45,400 | ▼ 17.4% |
| Taxes, remuneration and social security45 | - | €1,240 | €344 | €501 | ▲ 45.8% |
| Taxes450/3 | - | €1,240 | €344 | €501 | ▲ 45.8% |
| Other amounts payable47/48 | - | €1.7m | €49,985 | €449,891 | ▲ 800% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€99,950 | -€199,738 | -€303,103 | -€361,910 | ▼ 19.4% |
| + Depreciation and write-downs630 | - | - | €659 | €6,050 | ▲ 818% |
| Operating cash flow (approximation) | -€99,950 | -€199,738 | -€302,444 | -€355,860 | ▼ 17.7% |
| Investment in fixed assets (approximation) | - | -€5.0m | -€7.0m | -€4.3m | ▲ 39.6% |
| Change in cash | - | €448,353 | -€401,521 | €364,097 | ▲ 191% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-08
State Gazette act
Appointment: Jimmy Schelstraete BV (director)Permanent representative: Jimmy Schelstraete · Registered office clause4 facts ▸
State Gazette act
Appointment: Jimmy Schelstraete BV (director)
Permanent representative: Jimmy Schelstraete · Registered office clause4 facts ▸
- Registered office clause, Hertsbergsestraat 4,8020 Oostkamp
- General meeting, 09-06-2026
- Director appointment, Jimmy Schelstraete BV (director)
- Permanent representative, Jimmy Schelstraete (permanent representative)
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet -€361,910
Net result drops to -€361,910, the lowest in the series.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 11 acts read
About the unread acts
Of the 11 Belgian State Gazette acts we know for this company, 1 has been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
Board 1
JIMMY SCHELSTRAETE
CurrentDirector · since 09-06-2026 · Private limited company · perm. rep.: Jimmy Schelstraete
Permanent representatives 1
Jimmy Schelstraete
CurrentPermanent representative · since 09-06-2026 · for JIMMY SCHELSTRAETE
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
10 of this company's 11 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Oostkamp · 1 establishment unit since 2022
Ground area
818 m²
Building footprint
541 m²
Volume, LiDAR
7,619 m³
Parcel 31403F0145/00C000, Flanders · tallest building 25.9 m, ±5 floors. Linked by address, not a title deed.
59
companies at this address
See who is registered here
1 establishment unit
ALIREC
since 20222.335.631.326
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31403F0145/00C000 | Flanders | 818 m² | 1 · 541 m² | 25.9 m · 5 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.
Mandate history
1 person since 2026, 1 in office
- Board
| Name | Functions and periods |
|---|---|
| JIMMY SCHELSTRAETE |
|
Articles of association
Legal form clause
Besloten vennootschap (BV)
Other statement
One provision in the deed
Structure & network
Heads the group
ALIREC
12 companies
Group, risk and exposure
Owners and holdings
1 owner · 3 holdings · 12 subsidiaries in the treeOwners 1
- Sourceaccounts Tjaka 202512.79%
Holdings 3
-
100%
-
100%
-
100%
All subsidiaries, including indirect ones 12
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
Five Stars Properties 100%1 subsidiary
- WBC 100%
GLOBAL RENTAL PROPERTIES 100%7 subsidiaries
- Alkove 100%
- Avantage Property Holding 100%
- EUROPAL-LOGISTICS 100%
- FIBRIMMO 100%
- GLOBAL RENTAL PROPERTIES II 100%
- Lanson Industries Plant I 100%
- THEUMA VASTGOED 100%
RESCOO 100%1 subsidiary
- Serax Immo 100%
According to the 2025 annual accounts of ALIREC and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
1 current directorThe group is listed under Ownership & control below; here you explore it as a network.
This company
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Shareholding
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Identification & contact
Identification
Legal formPrivate limited company
Founded31-08-2022
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0790284833
Registered
05-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.