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ALISIR

Active
Private limited companyfounded 2023active for 3 yearsBrugsesteenweg 43, 9000 Gent, BelgiumKBO/BCE: BE 0802.045.686
Summary

The computed 12-month bankruptcy probability of ALISIR is 2.6% (moderate). The 2025 annual accounts show negative equity (-€2,677) and a net result of €458. Its solvency ranks better than 5% of 1,256 sector peers (NACE 42, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Overview

Official details

Source: KBO
Status
Active since 24-05-2023 Normal situation
Activity
Construction of roads and motorways NACE 42110
Establishment unit
2.345.522.356 9000 Gent, since 24-05-2023
Financial year end
30 June
Peppol
Not found in the Peppol Directory

Financial position

50 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.6%
Annual accounts to 30-06-2025
Gross margin
€28,736
Turnover
≈ €120,000
estimated
Profit
€458
Equity
-€2,677
Total assets
€2,607
Staff
≈ 0.1 FTE
estimated
  • Negative equity on 30-06-2025
  • 2025 accounts filed 28 days after the deadline
Filed on 28-02-2026
Score breakdownraises riskFounded in 2023Liquidity: current ratio 0.49, cash €2Negative equity -€2,677lowers riskSize: total assets €2,607Show the evidence

Checked score

Score 2025
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 26% of micro companies in civil engineering (NACE 42)
Financial strength
Weak
Solvency 0
equity -102.7% of total assets
Liquidity 0
short-term debt 202.7% · cash 0.1%
Profitability 91
return on assets 17.6%
Bankruptcy probability within 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.8% (1,867 companies, NACE 42, micro)
Last 24 months 12-2024: 2.5%lowest value 01-2025: 2.8%▲ +0.3 percentage points vs 12-2024 02-2025: 2.8%● unchanged vs 01-2025 03-2025: 2.7%▼ -0.1 percentage points vs 02-2025 04-2025: 3.0%▲ +0.3 percentage points vs 03-2025 05-2025: 3.1%▲ +0.1 percentage points vs 04-2025 06-2025: 3.1%● unchanged vs 05-2025 07-2025: 3.1%● unchanged vs 06-2025 08-2025: 3.1%● unchanged vs 07-2025 09-2025: 3.1%● unchanged vs 08-2025 10-2025: 3.1%● unchanged vs 09-2025 11-2025: 3.1%● unchanged vs 10-2025 12-2025: 7.1%▲ +4.0 percentage points vs 11-2025highest value 01-2026: 7.0%▼ -0.1 percentage points vs 12-2025 02-2026: 7.0%● unchanged vs 01-2026 03-2026: 7.0%● unchanged vs 02-2026 04-2026: 2.6%▼ -4.4 percentage points vs 03-2026 05-2026: 2.6%● unchanged vs 04-2026 06-2026: 2.6%● unchanged vs 05-2026 07-2026: 2.6%● unchanged vs 06-2026 08-2026: 2.6%● unchanged vs 07-2026 09-2026: 2.6%● unchanged vs 08-2026 10-2026: 2.6%● unchanged vs 09-2026 11-2026: 2.6%● unchanged vs 10-2026
No credit on open account
The balance sheet total is too small for a liquidity verdict. 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 42, micro). It does better than 3% of them on solvency, 1% on liquidity and 73% on profitability.

The bankruptcy probability was computed on 01-11-2026 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

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

Signals

Six signals.
lowers riskraises risk
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 0.49, cash €2
NBB · annual accounts
lowers risk · Size: total assets €2,607
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 · Negative equity -€2,677
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 1256 sector peers (2025).
NBB · sector comparison
Position among 1256 sector peers
Solvency
better than 5%
← weakest strongest →
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-02-2026, 28 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 · 1 filing
Deviation from the deadline
2025
28 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Financials

Financials · financial year 2025, micro format

2025 annual accounts filed 28 days after the deadline Filed on 28 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00049189.

Annual accounts 2025 filed on 28-02-2026 PDF

Turnover
≈ €120,000
Estimated: probably between €70,000 and €210,000
Total assets
€2,607
Net result
€458
Working capital
-€2,677

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Key figures and ratios
2025 value
EBITDA
€25,786
Cash flow
€25,575
Interest coverage
over 100
Debt
€5,284
Debt ≤ 1 year
€5,284
Staff costs
€1,266
The ratios are withheld because a balance sheet total of €2,607 is too small for a meaningful ratio.

Comparable companies

These companies have the same main activity as ALISIR: construction of roads and motorways (NACE 42110). They are comparable in size and age: total assets between €1,000 and €22,500, founded between 2018 and 2024.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFinancial year
ALISIR Gent2023€2,607-€2,677€28,736-€4582025
ta-systems Sint-Gillis-Waas2024€12,506-€99€39,836--€3,4502025
Tina Breyne Gavere2018€12,367-€76,577€22,722-€4,3062025
FT-INFRA Zelzate2023€1,000€1,000---2024
EFTELYA Wichelen2023€17,805€11,422€8,125€31,320€5,2142025
VIAPRO Izegem2024€22,483€17,945€18,524-€14,7422025
E&D Antwerpen2020€20,046€7,019€15,931-€8,6332025

They were chosen from the 1,054 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 1,017 companies had the same profile as ALISIR has now. Two years later, 6.5% had gone bankrupt and 89.2% were still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
6.5% went bankrupt
4.0% stopped otherwise
89.2% was still going

Another 0.3% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of ALISIR itself: 2.6% within 12 months.

Test of the method

The method was tested on the 497,445 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 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 1,017 companies, not a prediction for ALISIR. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 30 lines

Source: Annual accounts 2025 (PDF), filed on 28-02-2026.

Balance sheet Code2025
Assets
Total assets20/58€2,607
Current assets29/58€2,607
Amounts receivable within one year40/41€2,605
Other amounts receivable41€2,605
Cash at bank and in hand54/58€2
Equity and liabilities
Total equity and liabilities10/49€2,607
Equity10/15-€2,677
Contributions10/11€5,000
Profit (loss) carried forward14-€7,677
Amounts payable17/49€5,284
Amounts payable within one year42/48€5,284
Trade debts44€697
Suppliers440/4€697
Taxes, remuneration and social security45€4,079
Taxes450/3€4,079
Other amounts payable47/48€508
Income statement Code2025
Remuneration, social security and pensions62€1,266
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25,117
Other operating charges640/8€1,684
Gross operating margin9900€28,736
Operating profit (loss)9901€669
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€211
Recurring financial charges65€211
Profit (loss) for the period before taxes9903€458
Profit (loss) for the period9904€458
Profit (loss) for the period to be appropriated9905€458
Appropriation of the result
Profit (loss) to be appropriated9906-€7,677
Profit (loss) brought forward from the previous period14P-€8,135

The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line2025
Remuneration, social security and pensions62€1,266
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25,117
Other operating charges640/8€1,684
Gross operating margin9900€28,736
Operating profit (loss)9901€669
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€211
Recurring financial charges65€211
Profit (loss) for the period before taxes9903€458
Profit (loss) for the period9904€458
Profit (loss) for the period to be appropriated9905€458
Line2025
Assets
Total assets20/58€2,607
Current assets29/58€2,607
Amounts receivable within one year40/41€2,605
Other amounts receivable41€2,605
Cash at bank and in hand54/58€2
Equity and liabilities
Total equity and liabilities10/49€2,607
Equity10/15-€2,677
Contributions10/11€5,000
Profit (loss) carried forward14-€7,677
Amounts payable17/49€5,284
Amounts payable within one year42/48€5,284
Trade debts44€697
Suppliers440/4€697
Taxes, remuneration and social security45€4,079
Taxes450/3€4,079
Other amounts payable47/48€508
Line2025
Profit (loss) for the period9904€458
+ Depreciation and write-downs630€25,117
Operating cash flow (approximation)€25,575

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference Document
30-06-2025 micro format 28-02-2026 2026-00049189 PDF

Board & ownership

Directors

Directors
1 office holder, no change since 2023

Other functions 1

BASKURT Alisir
Niet statutairbestuurder · appointed in the act of 26-05-2023 · term without a fixed end
Current

Owners and capital

Shareholders

At incorporation act of 26-05-2023 ↗

Capital transactions

Capital over time
  1. 26-05-2023 Incorporation · €5,000 · 100 shares

Network & group

ALISIR shares no director with another company.

Connections & network

1 office holder
Depth

The network starts from the directors of ALISIR. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

2026
28-02
NBB filing Annual accounts 2025 filedPDF
micro format · 28 days late
2023
26-05
Gazette deed Incorporation
Starting capital €5,000 · Appointment: BASKURT Alisir (niet statutairbestuurder) · Founder · Power of attorney14 points ▸
  • Founder, BASKURT Alisir
  • Power of attorney, DOGAN Havadudu
  • Incorporation, “ALISIR” (deed in Dutch)
  • Founding capital, €5,000
  • Other provision, “alleen de hoedanigheid van oprichters op zich te nemen, hoedanigheid van oprichters” (deed in Dutch)
  • Other provision, “financieel plan, aansprakelijkheid van de oprichters in geval van faillissement binnen de drie jaar na de oprichting indien het aanvangsvermogen kennelijk ontoe…” (deed in Dutch)
  • Bank account, “bijzondere rekening”, 5000 (deed in Dutch)
  • Registered office clause, “9000Gent,Brugsesteenweg43” (deed in Dutch)
  • Board rule, 1
  • Director appointment, BASKURT Alisir (niet statutairbestuurder)
  • Pre-incorporation commitments, “takeover, alleverbintenissen,verplichtingenenactiviteitenondernomensinstweejarennaamvoorrekeningvennootschapinoprichting” (deed in Dutch)
  • Other provision, “volmachten” (deed in Dutch)
  • The act holds 2 more points.

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Company details

Register details

Identity

KBO record
Name ALISIR in Dutch
Enterprise number 0802.045.686
Legal form Private limited company
Status Active, normale toestand
Founded 24-05-2023
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 26-05-2023 (in Dutch)

Registered office and establishments

Registered office Brugsesteenweg 43, 9000 Gent, Belgium
Establishment unit ALISIR, Brugsesteenweg 18, 9000 Gent since 24-05-2023 · unit number 2.345.522.35641001 General construction of residential buildings

Activities

NACEBEL 2025
42110 Construction of roads and motorways main activity
Codes under NACEBEL 2008
42110 Construction of roads and motorways main activity

Invoicing and payment

VAT number BE 0802.045.686
E-invoicing via Peppol
Not found in the Peppol Directory

This enterprise or VAT number is not in the Peppol Directory. Being listed there is voluntary, so the company can still receive invoices via Peppol.

Invoicing without a Peppol listing

Try sending from your invoicing software. If that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if you send it electronically, you need their agreement on a secure channel. The invoice remains valid; it is the customer, not you, who risks a penalty. FPS Finance

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Register as of 1 November 2026 · Peppol Directory

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0802.045.686

Financial year and general meeting

Accounts at the NBB
Financial year end 30-06
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Monday of December at 20:00
deed of 26-05-2023 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the addresses

Ground area
270 m²
Building footprint
185 m²
Building volume
1,565 m³
Tallest building: 11.8 m.
Cadastral parcel Region Area Buildings Height / floors
44816K0545/00M003 Flanders 139 m² 1 · 48 m² 11.8 m · 3
44816K0537/00A000 Flanders 131 m² 1 · 138 m² 11.7 m · 3