ALJ
ActiveSummary
ALJ has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €441,077 and a net result of €26,824. Equity is growing by ~16.8% per year across the filed fiscal years. Its solvency ranks better than 34% of 8161 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability44▼-1
Solvency54▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24,000 at 30 days acceptable
Liquidity short (current ratio 0.8 against 0.62 in 2024; short-term debt: 7.3% and cash: 0.1% of total assets), and 71.3% 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
28.7%
Return on assets
1.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 7 filingsDeviation from the deadline
2025
26 d late
2024
29 d late
2023
29 d late
2022
17 d late
2021
6 d early
2020
46 d late
2019
63 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 29 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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 26 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€441,077▲ 6.5%
2024 · €414,252
Total assets
€1.5m▼ 0.3%
2024 · €1.5m
Net result
€26,824▼ 3.9%
2024 · €27,919
Working capital
-€22,694▲ 73.1%
2024 · -€84,401
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€109,753▼ 4.6%€136,768▲ 24.6%€67,454▼ 50.7%€59,579▼ 11.7%€63,535▲ 6.6%
Net result€85,293within the sector's middle half▲ 13.0%€92,905within the sector's middle half▲ 8.9%€32,261within the sector's middle half▼ 65.3%€27,919within the sector's middle half▼ 13.5%€26,824within the sector's middle half▼ 3.9%
Equity€261,168within the sector's middle half▲ 48.5%€354,072within the sector's middle half▲ 35.6%€386,333within the sector's middle half▲ 9.1%€414,252within the sector's middle half▲ 7.2%€441,077within the sector's middle half▲ 6.5%
Total assets€1.5mwithin the sector's middle half▲ 11.6%€1.4mwithin the sector's middle half▼ 3.7%€1.4mwithin the sector's middle half▼ 4.9%€1.5mwithin the sector's middle half▲ 13.2%€1.5mwithin the sector's middle half▼ 0.3%
Debt€1.2m▲ 5.9%€1.1m▼ 12.0%€975,912▼ 9.5%€1.1m▲ 15.5%€1.1m▼ 2.7%
Working capital€140,570within the sector's middle half▲ 439%€79,071within the sector's middle half▼ 43.7%€26,291below the sector's middle half▼ 66.7%-€84,401below the sector's middle half-€22,694below the sector's middle half▲ 73.1%
Solvency17.6%below the sector's middle half▲ 4.4pp24.7%within the sector's middle half▲ 7.2pp28.4%within the sector's middle half▲ 3.6pp26.9%within the sector's middle half▼ 1.5pp28.7%within the sector's middle half▲ 1.8pp
Current ratio1.93within the sector's middle half▲ 0.651.50within the sector's middle half▼ 0.431.21within the sector's middle half▼ 0.290.62below the sector's middle half▼ 0.580.80below the sector's middle half▲ 0.17
Return on assets (ROA)5.7%within the sector's middle half▲ 0.1pp6.5%within the sector's middle half▲ 0.8pp2.4%within the sector's middle half▼ 4.1pp1.8%within the sector's middle half▼ 0.6pp1.7%within the sector's middle half▼ 0.1pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 7% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.5m
Fixed assets
€1.4m ▲ 3.3%
Current assets
€89,146 ▼ 36.1%
Equity and liabilities €1.5m
Equity
€441,077 ▲ 6.5%
Debt
€1.1m ▼ 2.7%
Debt's share of the balance-sheet total falls from 73.1% to 71.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€78,898▲
2024 · €68,659
Cash flow
€42,188▲
2024 · €36,999
Debt to equity
2.49▼
2024 · 2.72
ROE
6.1%▼
2024 · 6.7%
Interest coverage
2.83▼
2024 · 2.90
Debt ≤ 1 year
€111,840▼
2024 · €223,946
Debt > 1 year
€898,350▲
2024 · €830,523
Income taxes
€8,782▲
2024 · €7,944
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,959 | €582 | €2,458 | €9,080 | €15,363 | ▲ 69.2% |
| Other operating charges640/8 | €1,449 | €3,691 | €568 | €2,870 | €1,815 | ▼ 36.7% |
| Gross operating margin9900 | €131,162 | €141,041 | €70,479 | €71,528 | €80,713 | ▲ 12.8% |
| Operating profit (loss)9901 | €109,753 | €136,768 | €67,454 | €59,579 | €63,535 | ▲ 6.6% |
| Financial income75/76B | €5 | €0 | - | - | - | - |
| Recurring financial income75 | €5 | €0 | - | - | - | - |
| Financial charges65/66B | €1,934 | €18,142 | €16,598 | €23,716 | €27,928 | ▲ 17.8% |
| Recurring financial charges65 | €1,934 | €18,142 | €16,598 | €23,716 | €27,928 | ▲ 17.8% |
| Profit (loss) for the period before taxes9903 | €107,824 | €118,626 | €50,857 | €35,863 | €35,607 | ▼ 0.7% |
| Income taxes67/77 | €22,531 | €25,721 | €18,596 | €7,944 | €8,782 | ▲ 10.6% |
| Profit (loss) for the period9904 | €85,293 | €92,905 | €32,261 | €27,919 | €26,824 | ▼ 3.9% |
| Profit (loss) for the period to be appropriated9905 | €85,293 | €92,905 | €32,261 | €27,919 | €26,824 | ▼ 3.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.5m | €1.4m | €1.4m | €1.5m | €1.5m | ▼ 0.3% |
| Fixed assets21/28 | €1.2m | €1.2m | €1.2m | €1.4m | €1.4m | ▲ 3.3% |
| Tangible fixed assets22/27 | €1,280 | €698 | €14,888 | €207,600 | €253,997 | ▲ 22.3% |
| Land and buildings22 | - | - | €12,769 | €206,630 | €247,969 | ▲ 20.0% |
| Plant, machinery and equipment23 | - | €39 | - | - | €5,823 | - |
| Furniture and vehicles24 | €1,280 | €659 | €2,119 | €970 | €206 | ▼ 78.8% |
| Financial fixed assets28 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Current assets29/58 | €291,304 | €237,097 | €152,668 | €139,545 | €89,146 | ▼ 36.1% |
| Amounts receivable within one year40/41 | €164,680 | €231,860 | €138,811 | €125,563 | €82,502 | ▼ 34.3% |
| Trade receivables40 | €164,680 | €231,860 | €138,046 | €123,507 | €48,781 | ▼ 60.5% |
| Other amounts receivable41 | - | - | €765 | €2,056 | €33,721 | ▲ 1,540% |
| Cash at bank and in hand54/58 | €124,809 | €3,422 | €11,726 | €9,616 | €2,277 | ▼ 76.3% |
| Deferred charges and accrued income490/1 | €1,815 | €1,815 | €2,131 | €4,367 | €4,367 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.5m | €1.4m | €1.4m | €1.5m | €1.5m | ▼ 0.3% |
| Equity10/15 | €261,168 | €354,072 | €386,333 | €414,252 | €441,077 | ▲ 6.5% |
| Contributions10/11 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Reserves13 | €20 | €20 | €20 | €20 | €20 | = |
| Non-distributable reserves130/1 | €20 | €20 | €20 | - | - | - |
| Reserves not available under the articles1311 | €20 | €20 | €20 | - | - | - |
| Distributable reserves133 | - | - | - | €20 | €20 | = |
| Profit (loss) carried forward14 | €161,148 | €254,053 | €286,314 | €314,233 | €341,057 | ▲ 8.5% |
| Amounts payable17/49 | €1.2m | €1.1m | €975,912 | €1.1m | €1.1m | ▼ 2.7% |
| Amounts payable after more than one year17 | €1.0m | €874,476 | €790,076 | €830,523 | €898,350 | ▲ 8.2% |
| Financial debts170/4 | €1.0m | €874,476 | €790,076 | €830,523 | €898,350 | ▲ 8.2% |
| Amounts payable within one year42/48 | €150,734 | €158,025 | €126,376 | €223,946 | €111,840 | ▼ 50.1% |
| Current portion of amounts payable after more than one year42 | €112,178 | €110,140 | €94,900 | €77,828 | €91,105 | ▲ 17.1% |
| Trade debts44 | €1,087 | - | €2,446 | €112,697 | - | - |
| Suppliers440/4 | €1,087 | - | €2,446 | €112,697 | - | - |
| Taxes, remuneration and social security45 | €29,801 | €35,879 | €15,275 | €6,831 | €9,201 | ▲ 34.7% |
| Taxes450/3 | €26,900 | €32,978 | €15,275 | €6,831 | €9,201 | ▲ 34.7% |
| Remuneration and social security454/9 | €2,900 | €2,901 | - | - | - | - |
| Other amounts payable47/48 | €7,668 | €12,007 | €13,755 | €26,591 | €11,534 | ▼ 56.6% |
| Accrued charges and deferred income492/3 | €31,839 | €45,910 | €59,459 | €73,113 | €86,567 | ▲ 18.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €85,293 | €92,905 | €32,261 | €27,919 | €26,824 | ▼ 3.9% |
| + Depreciation and write-downs630 | €19,959 | €582 | €2,458 | €9,080 | €15,363 | ▲ 69.2% |
| Operating cash flow (approximation) | €105,253 | €93,487 | €34,718 | €36,999 | €42,188 | ▲ 14.0% |
| Investment in fixed assets (approximation) | - | €0 | -€16,647 | -€201,792 | -€61,760 | ▲ 69.4% |
| Change in cash | - | -€121,387 | €8,304 | -€2,110 | -€7,339 | ▼ 248% |
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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 17 days late
2022
31-12
Financial
Highest result since 2019net €92,905 ▲8.9%
Operating result €136,768, net result €92,905, both a record.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €200,000Eq €261,168 ▲48.5%
3 profitable years in a row build equity to €261,168.
15-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 46 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 1.28
Current ratio from 0.40 to 1.28.
31-12
Financial
Equity above €150,000Eq €175,874 ▲75.2%
2 profitable years in a row build equity to €175,874.
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 63 days late
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
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Londerzeel · 1 establishment unit since 2019
Ground area
7,278 m²
Building footprint
2,981 m²
Volume, LiDAR
16,547 m³
Parcel 23045D0161/00C000, Flanders · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ALJ
since 20192.288.918.403
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23045D0161/00C000 | Flanders | 7,278 m² | 1 · 2,981 m² | 6.5 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
99.56%
According to the 2025 annual accounts of ALJ 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
No current directors or connected companies found in the register.
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Of 396 companies in sector 46839 we hold annual accounts for 251. 172 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-04-2019
Fiscal year end31-12
Activities, NACEBEL 2025
46839Wholesale trade
47529Retail trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0724977208
Also
9925:BE0724977208
Registered
31-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.