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ALKATECH

Active
Private limited company (pre-2019)founded 200818 yrs activeBosdel 44B, 3600 Genk, BelgiumKBO/BCE: BE 0898.338.972

ALKATECH has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.22M and a net result of €-43k. Equity is growing by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 60% of 7431 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2024
52 / 100
Fair▼ -48 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-68
Solvency96▼-4
Growth52=
Stability100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 2.22 against 3.73 in 2023), and 48.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies more bankruptcies →
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
elevated failure risk from 2 to 8 years 18 years 0 20 y
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 2024
Solvency, return and age of the figures
Solvency
51.2%
Return on assets
-1.8%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-10-2025, 77 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
not confirmed
2024
77 d late
2023
71 d late
2022
17 d early
2021
26 d late
2020
55 d late
2019
140 d late
← before the deadline after the 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

Financials · fiscal year 2024, abbreviated schema

Equity
€1.22M▼ 3.4%
2023 · €1.26M
2021: €1.06M 2022: €1.09M 2023: €1.26M
2021 → 2024
Total assets
€2.39M▲ 25.3%
2023 · €1.90M
2021: €2.17M 2022: €2.23M 2023: €1.90M
2021 → 2024
Net result
€-43k
2023 · €172k
2021: €631k 2022: €33k 2023: €172k
2021 → 2024
Working capital
€633k▼ 24.1%
2023 · €834k
2021: €697k 2022: €536k 2023: €834k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2021202220232024Trend
Equity€1.06M-€1.09M▲ 3.1%€1.26M▲ 15.7%€1.22M▼ 3.4%
Operating result€1.00M-€69k▼ 93.1%€336k▲ 387%€-41k
Net result€631k-€33k▼ 94.8%€172k▲ 424%€-43k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-500k€0€500k€1.00MOperating result 2021: €1.00M€1.00MNet result 2021: €631k€631kOperating result 2022: €69k€69kNet result 2022: €33k€33kOperating result 2023: €336k€336kNet result 2023: €172k€172kOperating result 2024: €-41k€-41kNet result 2024: €-43k€-43k2021202220232024
The operating result turns negative in 2024: a loss of €41k after €336k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.39M
Fixed assets €1.23M▲ 61.3%
Current assets €1.15M▲ 1.1%
Equity and liabilities €2.39M
Equity €1.22M▼ 3.4%
Debt €1.16M▲ 81.9%
The debt ratio rises from 33.6% to 48.8%: debt grows while equity shrinks.
Key figures and ratios
2024 value · change against 2023
EBITDA
€58k
2023 · €393k
Cash flow
€55k
2023 · €229k
Solvency
51.2%
2023 · 66.4%
Current ratio
2.22
2023 · 3.73
Quick ratio
2.14
2023 · 3.49
Debt / equity
0.95
2023 · 0.51
ROE
-3.5%
2023 · 13.6%
ROA
-1.8%
2023 · 9.0%
Interest coverage
0.96
2023 · 13.94
Debt
€1.16M
2023 · €640k
Debt ≤ 1 year
€519k
2023 · €305k
Debt > 1 year
€645k
2023 · €333k
Income taxes
€-41k
2023 · €147k
Staff costs
€64k
2023 · €74k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Total assets 20/58€1.90M€2.39M
Fixed assets 21/28€765k€1.23M
Intangible fixed assets 21€72k€64k
Tangible fixed assets 22/27€693k€1.17M
Current assets 29/58€1.14M€1.15M
Stocks & contracts in progress 3€74k€41k
Amounts receivable within one year 40/41€436k€485k
Investments 50/53€272k€272k=
Cash & bank 54/58€29k€28k
Total equity & liabilities 10/49€1.90M€2.39M
Equity 10/15€1.26M€1.22M
Contributions / capital 10/11€19k€19k=
Reserves 13€1.25M€1.20M
Amounts payable 17/49€640k€1.16M
Amounts payable after one year 17€333k€645k
Amounts payable within one year 42/48€305k€519k
Trade debts payable within one year 44€74k€44k
Income statement Code20232024
Gross operating margin 9900€494k€130k
Operating result 9901€336k€-41k
Financial income 75€11k€17k
Financial charges 65€28k€60k
Result before taxes 9903€319k€-84k
Income taxes 67/77€147k€-41k
Net result for the period 9904€172k€-43k
Result to be appropriated 9905€172k€-43k

Timeline · acts, filings and financial milestones

2025
16-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 77 days late
2024
31-12
Financial Weakest financial yearnet €-43k ▼125%
Net result drops to €-43k, the lowest in the series.
10-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 71 days late
19-06
State Gazette act Miscellaneous
completed · HOUBEN Herbert
2023
31-12
Financial Liquidity doublescurrent ratio 3.73
Current ratio from 1.70 to 3.73; short-term debt falls from €769k to €305k.
14-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
26-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
24-09
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 55 days late
2020
18-12
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 140 days late
02-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 307 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
29-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
2016
24-10
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 85 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 10 acts read
About the unread acts

Of the 10 Belgian State Gazette acts we know for this company, 1 has been read. The other 9 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Comparable companies · same sector, comparable size

Similar companies · same sector, comparable size

Of 22,725 companies in sector 43211 we hold annual accounts for 10,107. 4,057 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded02-06-2008
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 16 filingsAddress and cadastre registers

Data from official sources, last processed on 01-08-2026. Scores and ratios are computed by Checked and are not a credit decision.