ALKATECH
ActiveSummary
The computed 12-month bankruptcy probability of ALKATECH is 2.0% (moderate). The 2024 annual accounts show equity of €1.2m and a net result of -€43,144. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 60% of 7,409 sector peers (NACE 43, financial year 2024). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Staff
- 1 FTE
- Equity
- €1.2m
- Loss
- -€43,144
- Holdings
- 1
- Adagdag AliDirector
- AlkatechDirector
Why 53raises riskFigures for financial year 2024 (filed 21-10-2025)1 financial year not filed after the legal deadline; latest accounts 77 days late; 2 of the last 3 lateLiquidity: current ratio 2.22, cash €27,602lowers riskFounded in 2008Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 56% on solvency, 34% on liquidity, 15% on profitability and 30% on growth.
The bankruptcy probability was computed on 21-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 6 accounts on average 59 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · abbreviated…
- Weakest financial yearnet -€43,144
- Annual accounts filedfinancial year 2023 · abbreviated…
Financials · financial year 2024, abbreviated format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 22 October 2026.
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result turns negative in 2024: a loss of €40,746 after €335,832 in 2023, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
- 2022 Net result -95% on 2021. The accounts now follow the abbreviated format, last year the micro format.
Peer companies
Historical observationOf the 6,910 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 90.9% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,910 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0.8m | €0.004m | €0.2m | - | - |
| Remuneration, social security and pensions62 | - | - | - | - | €0.04m | €0.07m | €0.06m | ▼ 13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.02m | €0.02m | €0.01m | €0.02m | €0.04m | €0.06m | €0.1m | ▲ 73.0% |
| Other operating charges640/8 | - | - | - | €0.003m | €0.04m | €0.03m | €0.006m | ▼ 77.6% |
| Non-recurring operating charges66A | - | - | - | - | €0.006m | - | €0.002m | - |
| Gross operating margin9900 | €0.3m | €0.04m | €0.05m | €1.0m | €0.2m | €0.5m | €0.1m | ▼ 73.7% |
| Operating profit (loss)9901 | €0.3m | €0.02m | €0.03m | €1.0m | €0.07m | €0.3m | -€0.04m | - |
| Financial income75/76B | - | - | - | €0.002m | €0.008m | €0.01m | €0.02m | ▲ 54.0% |
| Recurring financial income75 | €0.001m | €0.004m | €0.003m | €0.002m | €0.008m | €0.01m | €0.02m | ▲ 54.0% |
| Financial charges65/66B | - | - | - | €0.02m | €0.01m | €0.03m | €0.06m | ▲ 113% |
| Recurring financial charges65 | €0.01m | €0.006m | €0.02m | €0.02m | €0.01m | €0.03m | €0.06m | ▲ 113% |
| Profit (loss) for the period before taxes9903 | €0.3m | €0.01m | €0.01m | €1.0m | €0.07m | €0.3m | -€0.08m | - |
| Income taxes67/77 | €0.02m | €0.005m | €0.03m | €0.4m | €0.03m | €0.1m | -€0.04m | - |
| Profit (loss) for the period9904 | €0.2m | €0.009m | -€0.01m | €0.6m | €0.03m | €0.2m | -€0.04m | - |
| Profit (loss) for the period to be appropriated9905 | €0.2m | €0.009m | -€0.01m | €0.6m | €0.03m | €0.2m | -€0.04m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.8m | €0.9m | €1.2m | €2.2m | €2.2m | €1.9m | €2.4m | ▲ 25.3% |
| Fixed assets21/28 | €0.3m | €0.3m | €0.3m | €0.4m | €0.9m | €0.8m | €1.2m | ▲ 61.3% |
| Intangible fixed assets21 | - | - | - | - | - | €0.07m | €0.06m | ▼ 10.3% |
| Tangible fixed assets22/27 | €0.1m | €0.1m | €0.1m | €0.2m | €0.7m | €0.7m | €1.2m | ▲ 68.7% |
| Land and buildings22 | - | - | - | - | €0.5m | €0.4m | €1.0m | ▲ 118% |
| Plant, machinery and equipment23 | - | - | - | €0.007m | €0.01m | €0.02m | €0.01m | ▼ 18.3% |
| Furniture and vehicles24 | - | - | - | €0.06m | €0.07m | €0.1m | €0.05m | ▼ 49.4% |
| Other tangible fixed assets26 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 0.6% |
| Financial fixed assets28 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | - | - | - |
| Current assets29/58 | €0.5m | €0.5m | €0.8m | €1.8m | €1.3m | €1.1m | €1.2m | ▲ 1.1% |
| Amounts receivable after more than one year29 | - | - | - | €0.1m | €0.3m | €0.3m | €0.3m | ▼ 3.7% |
| Other amounts receivable291 | - | - | - | €0.1m | €0.3m | €0.3m | €0.3m | ▼ 3.7% |
| Stocks and contracts in progress3 | €0.3m | €0.4m | €0.3m | €0.3m | €0.4m | €0.07m | €0.04m | ▼ 44.7% |
| Contracts in progress37 | - | - | - | €0.3m | €0.4m | €0.07m | €0.04m | ▼ 44.7% |
| Amounts receivable within one year40/41 | €0.06m | €0.07m | €0.2m | €0.5m | €0.3m | €0.4m | €0.5m | ▲ 11.2% |
| Trade receivables40 | - | - | - | €0.3m | €0.08m | €0.1m | €0.07m | ▼ 37.3% |
| Other amounts receivable41 | - | - | - | €0.2m | €0.2m | €0.3m | €0.4m | ▲ 28.0% |
| Current investments50/53 | €0.1m | €0.1m | €0.1m | €0.1m | €0.3m | €0.3m | €0.3m | = |
| Cash at bank and in hand54/58 | €0.01m | €0.001m | €0.03m | €0.8m | €0.05m | €0.03m | €0.03m | ▼ 5.6% |
| Deferred charges and accrued income490/1 | - | - | - | €0.004m | €0.05m | €0.02m | €0.03m | ▲ 48.6% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.8m | €0.9m | €1.2m | €2.2m | €2.2m | €1.9m | €2.4m | ▲ 25.3% |
| Equity10/15 | €0.4m | €0.4m | €0.4m | €1.1m | €1.1m | €1.3m | €1.2m | ▼ 3.4% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.2m | €0.2m | €0.4m | €1.0m | €1.1m | €1.2m | €1.2m | ▼ 3.5% |
| Non-distributable reserves130/1 | - | - | - | €0.1m | €0.3m | €0.3m | €0.3m | = |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Own shares acquired1312 | - | - | - | €0.1m | €0.3m | €0.3m | €0.3m | = |
| Tax-exempt reserves132 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Distributable reserves133 | - | - | - | €0.9m | €0.8m | €0.9m | €0.9m | ▼ 4.7% |
| Profit (loss) carried forward14 | €0.2m | €0.3m | €0.2m | - | - | - | - | - |
| Amounts payable17/49 | €0.4m | €0.4m | €0.7m | €1.1m | €1.1m | €0.6m | €1.2m | ▲ 81.9% |
| Amounts payable after more than one year17 | - | - | - | €0.03m | €0.4m | €0.3m | €0.6m | ▲ 93.6% |
| Financial debts170/4 | - | - | - | €0.03m | €0.4m | €0.3m | €0.6m | ▲ 93.6% |
| Amounts payable within one year42/48 | €0.4m | €0.4m | €0.7m | €1.1m | €0.8m | €0.3m | €0.5m | ▲ 69.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.01m | €0.04m | €0.04m | €0.05m | ▲ 43.1% |
| Financial debts43 | - | - | - | €0.04m | - | - | €0.3m | - |
| Credit institutions430/8 | - | - | - | €0.04m | - | - | €0.3m | - |
| Trade debts44 | €0.08m | €0.02m | €0.008m | €0.08m | €0.1m | €0.07m | €0.04m | ▼ 40.5% |
| Suppliers440/4 | - | - | - | €0.08m | €0.1m | €0.07m | €0.04m | ▼ 40.5% |
| Advances received on contracts in progress46 | - | - | - | €0.03m | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.3m | €0.3m | €0.2m | €0.1m | ▼ 23.5% |
| Taxes450/3 | - | - | - | €0.3m | €0.3m | €0.1m | €0.1m | ▼ 25.7% |
| Remuneration and social security454/9 | - | - | - | €0.006m | €0.01m | €0.02m | €0.02m | ▼ 7.0% |
| Other amounts payable47/48 | - | - | - | €0.6m | €0.3m | €0.04m | €0.03m | ▼ 17.9% |
| Accrued charges and deferred income492/3 | - | - | - | €0.002m | €0.001m | €0.001m | €38 | ▼ 96.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €237,508 | €8,893 | -€14,000 | €631,160 | €32,790 | €171,690 | -€43,144 | - |
| + Depreciation and write-downs630 | €22,373 | €20,557 | €14,208 | €16,461 | €35,813 | €56,853 | €98,359 | ▲ 73.0% |
| Operating cash flow (approximation) | €259,880 | €29,450 | €208 | €647,620 | €68,604 | €228,543 | €55,215 | ▼ 75.8% |
| Investment in fixed assets (approximation) | - | -€5,238 | -€11,617 | -€90,480 | -€564,133 | €106,046 | -€567,294 | - |
| Change in cash | - | -€9,139 | €28,671 | €720,929 | -€704,918 | -€15,956 | -€1,644 | ▲ 89.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | abbreviated format | 16-10-2025 | 2025-00545956 |
| 31-12-2023 | abbreviated format | 10-10-2024 | 2024-00503426 |
| 31-12-2022 | abbreviated format | 14-07-2023 | 2023-00243301 |
| 31-12-2021 | micro format | 26-08-2022 | 2022-20323924 |
| 31-12-2020 | abbreviated format | 24-09-2021 | 2021-68200389 |
| 31-12-2019 | abbreviated format | 18-12-2020 | 2020-76100473 |
| 31-12-2018 | abbreviated format | 02-06-2020 | 2020-14000101 |
| 31-12-2017 | abbreviated format | 31-08-2018 | 2018-57300319 |
| 31-12-2016 | abbreviated format | 29-08-2017 | 2017-51700168 |
| 31-12-2015 | abbreviated format | 24-10-2016 | 2016-66200128 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Adagdag Alifrom an act |
|
| Alkatechfrom an act |
|
| Meyers Rene |
|
Owners and capital
Capital and shareholders
- 19-06-2024 Converted to unavailable equity
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
100%
According to the 2023 annual accounts of ALKATECH and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
No directors read yet: 2 of 10 Gazette acts processed.
Acquisitions and mergers
1 transactionHistory
Acts, filings and financial milestones
19-06
Gazette deed
Restructuring · MiscellaneousResignation: ALKATECH (sole director) · Permanent representative: ADAGDAG Ali · Merger18 facts ▸
- General meeting, 30-04-2024
- Merger, “kennisname en goedkeuring fusievoorstel, met fusie door overneming gelijkgestelde verrichting” (deed in Dutch)
- Shareholding, “gewone aandelen”, 200 (deed in Dutch)
- Share cancellation, 200, “vernietiging alle aandelen overgenomen vennootschap” (deed in Dutch)
- Other provision, “geen uitgifte aandelen met bijzondere rechten en geen bijzondere regeling” (deed in Dutch)
- Other provision, “geen bijzonder voordeel bestuursorganen te fuseren vennootschappen” (deed in Dutch)
- Other provision, “jaarrekening afgesloten op 2022-12-31, overgang zonder uitgifte noch omwisseling van aandelen” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekeningen” (deed in Dutch)
- Reserve release, “opheffing statutair onbeschikbare eigen vermogensrekeningen en beschikbaar voor uitkering, vormen en meerderheden statutenwijziging” (deed in Dutch)
- Amendment of the articles (2 times)
- Purpose change
- Director resignation, ALKATECH (sole director)
- +6 further facts in this act
22-02
Gazette deed
RestructuringMerger · Net-asset statement · Director in office10 facts ▸
- Merger, “fusie door overneming, Alkatech, houdster van alle aandelen” (deed in Dutch)
- Net-asset statement, 30-09-2023
- Director in office, Adagdag Ali (director) (2 times)
- Director in office, Alkatech (director)
- Accounting effect, 01-10-2023
- Shareholding, “zonder nominale waarde”, 200 (deed in Dutch)
- Declaration, “Alkatech geniet niet van enige bijzondere rechten” (deed in Dutch)
- Declaration, “geen bijzondere voordelen toegekend aan de bestuursorganen van de overnemende vennootschap of van de over te nemen vennootschap” (deed in Dutch)
- Power of attorney, Bizzit (2 times)
- Other provision, 08-12-2023
Show earlier events
About the unread acts
Of the 10 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 22 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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, with enterprise number 0898.338.972
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71305F0968/00H000 | Flanders | 1,794 m² | 1 · 746 m² | 6.9 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Elektriciteitswerken; Industriële elektriciteitswerken; Herstelling van elektrische apparatuur; Bouw- en renovatiewerken; Elektrische…” (deed in Dutch)
36 activities (deed in Dutch)
- Elektriciteitswerken;
- Industriële elektriciteitswerken;
- Herstelling van elektrische apparatuur;
- Bouw- en renovatiewerken;
- Elektrische installatie,loodgieterswerk en overige bouwinstallatie;
- Montagewerken;
- Afwerken van gebouwen;
- Reparatie van machines;
- Reparatie van elektrische apparatuur;
- Installatie van industriële machines,toestellen en werktuigen;
- Installatie van industriële machines,toestellen en werktuigen;
- Bouw van gebouwen;ontwikkeling van bouwprojecten;
- De bouw van individuele huizen volgens de formule sleutel op de deur;
- De aanleg van waterdistributienetten en rioleringen;
- De aanleg van pijpleidingen voor het vervoer van gas,petroleumproducten,enz.;
- De aanleg van leidingen voor het vervoer en de distributie van elektrische energie;
- De aanleg van telecommunicatielijnen en -netten;
- Elektrische installatie;
- Loodgieterswerk,installatie van verwarming en klimaatregeling;
- Installatie van verwarming,klimaatregeling en ventilatie;
- Isolatiewerkzaamheden;
- Dakwerkzaamheden.
- Het huren en verhuren,kopen en verkopen van marktkramen,zonneschermen,parasols,zeilen,springkastelen,attracties;
- Het huren en verhuren,kopen en verkopen van feestartikelen in de meest uitgebreide betekenis van het woord;
- Het huren en verhuren van verlichting,elektrische toestellen,materialen voor evenementen,podia en dergelijke;
- Het organiseren van evenementen;
- Het organiseren van feesten;
- Het verhuren van divers materiaal;
- Het vervaardigen van elektrische en niet-elektrische panelen voor het opvangen van zonne-energie;
- Distributie,levering,studie en installatie van zonne-energie oplossingen en technologieën;
- Leveren,plaatsen,verdelen en automatisatie van groene en/of alternatieve energie waaronder zonne- en windenergie,energiebesparende verlichting en warmtepompen;
- Het geven van advies in verband met aan- of verkoop van roerende of onroerende goederen;
- Het verwerven,beheren en verkopen van onroerende goederen:
- Het huren,verhuren,in erfpacht of in gebruik nemen van onroerende en/of onroerende goederen en onroerende leasing;
- De uitbating van het leveren en plaatsen van zonnepanelen,huren en verhuren van verlichting,
- Alle verrichtingen met betrekking tot het kopen,verkopen,beheren,huren en verhuren van onroerende goederen en aanverwante activiteiten,dit alles in de meest ruime zin.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ALKATECH
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bestuursorgaan” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, bestuursorgaan” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft overdrager en helft koper(s) naar evenredigheid aantal bij meerdere kopers, elke overdracht onder levenden ten bezwarende of kosteloze…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Inbreng in geld met uitgifte nieuwe aandelen, tot plaatsing volledig of geen gebruik” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 17:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering beslissend in vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bij ontbinding om welke reden welk ogenblik, één of meerdere vereffenaars aanduiden bevoegdheden omlijnen vergoeding bepalen” (deed in Dutch)