Debts
€320,327 of the debts are secured on the company's own assets. In 2021 that was €378,038.
€320,327 of the debts are secured on the company's own assets. In 2021 that was €378,038.
In 2025, 3 people joined and 1 left.
Six of the last ten came late. The 2017 accounts came latest: 29 days after the end of the period.
The dashed line is the sector median: 0.5% across 3,710 companies (NACE 25, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 25, micro). It does better than 25% of them on solvency, 21% on liquidity, 41% on profitability and 67% on growth.
The bankruptcy probability was computed on 09-11-2026 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 low class on 30-06-2025, 0.8% 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).
In July 2024, 3,984 companies had the same profile as ALITEC has now. Each dot stands for 10 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ALITEC itself: 0.9% within 12 months.
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 3,984 companies, not a prediction for ALITEC. 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.
Liquidity is tight, with a current ratio of 1.22 (1.24 in 2024), below the usual 1.5. Short-term debt is 45.7% and cash 4.9% of total assets. 78.2% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 1 day before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| ALITEC Comines-Warneton | €1.2m | €334,954 | 21.8% | 7 |
| LW CONSTRUCT Ypres | €1.1m | €301,430 | 44.8% | 6.9 |
| USIMAINTENANCE Villers-le-Bouillet | €1.4m | €471,334 | 15.7% | 6.3 |
| EGREEN TECHNOLOGY Hoogstraten | €1.1m | €472,253 | 21.1% | 5.9 |
| STR Schweisstechnik ROTHEUDT Eupen | €0.8m | €397,901 | 56.0% | 6.2 |
| ATELIERS PHILIPPE JOWA Blegny | €0.9m | €225,325 | 91.7% | 7.1 |
| CLAESSENS INDUSTRIE SERVICES Kapellen | €1.0m | €402,400 | 8.0% | 5 |
These companies have the same main activity as ALITEC: machining of metals (NACE 25530). They are comparable in size and age: total assets between €836,000 and €1.4m, founded between 1998 and 2007.
ALITEC files the abbreviated format. That format states no turnover. The gross margin rose from €199,139 in 2006 to €334,954 in 2025.
The balance sheet grew most from 2015 to 2016 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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