ALL-DIVACK
ActiveSummary
The computed 12-month bankruptcy probability of ALL-DIVACK is 2.0% (moderate). The 2025 annual accounts show equity of €83,771 and a net result of €20,036. Equity is growing by ~17.5% per year across the filed fiscal years. Its solvency ranks better than 49% of 28254 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability83▲+14
Solvency71=
Growth52=
Track record94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 1.59 against 1.61 in 2024; short-term debt: 50.3% and cash: 2.5% of total assets), but 53.7% 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
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
46.3%
Return on assets
11.1%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 15-04-2026, 15 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
15 d early
2024
15 d late
2023
46 d early
2022
11 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 9 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€83,771▼ 4.0%
2024 · €87,264
Total assets
€181,087▼ 4.7%
2024 · €189,991
Net result
€20,036▲ 31.8%
2024 · €15,199
Working capital
€53,905▼ 4.4%
2024 · €56,377
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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
Line2022202320242025
Operating result€61,277-€33,772▼ 44.9%€25,916▼ 23.3%€28,520▲ 10.0%
Net result€46,741above the sector's middle half-€24,325within the sector's middle half▼ 48.0%€15,199within the sector's middle half▼ 37.5%€20,036within the sector's middle half▲ 31.8%
Equity€47,741within the sector's middle half-€72,066within the sector's middle half▲ 51.0%€87,264within the sector's middle half▲ 21.1%€83,771within the sector's middle half▼ 4.0%
Total assets€109,250within the sector's middle half-€101,967within the sector's middle half▼ 6.7%€189,991within the sector's middle half▲ 86.3%€181,087within the sector's middle half▼ 4.7%
Debt€61,509-€29,901▼ 51.4%€102,727▲ 244%€97,317▼ 5.3%
Working capital€20,953within the sector's middle half-€46,101within the sector's middle half▲ 120%€56,377within the sector's middle half▲ 22.3%€53,905within the sector's middle half▼ 4.4%
Solvency43.7%within the sector's middle half-70.7%above the sector's middle half▲ 27.0pp45.9%within the sector's middle half▼ 24.7pp46.3%within the sector's middle half▲ 0.3pp
Current ratio1.34within the sector's middle half-2.55within the sector's middle half▲ 1.211.61within the sector's middle half▼ 0.941.59within the sector's middle half▼ 0.02
Return on assets (ROA)42.8%above the sector's middle half-23.9%above the sector's middle half▼ 18.9pp8.0%within the sector's middle half▼ 15.9pp11.1%within the sector's middle half▲ 3.1pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 10% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €181,087
Fixed assets
€36,147 ▼ 13.0%
Current assets
€144,941 ▼ 2.4%
Equity and liabilities €181,087
Equity
€83,771 ▼ 4.0%
Debt
€97,317 ▼ 5.3%
Debt's share of the balance-sheet total falls from 54.1% to 53.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€41,881▲
2024 · €35,920
Cash flow
€33,396▲
2024 · €25,202
Debt to equity
1.16▼
2024 · 1.18
ROE
23.9%▲
2024 · 17.4%
Interest coverage
8.84▲
2024 · 4.83
Debt ≤ 1 year
€91,036▼
2024 · €92,054
Debt > 1 year
€5,855▼
2024 · €10,288
Income taxes
€4,906▲
2024 · €3,321
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 26,970 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.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €5,658 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,082 | €9,084 | €10,004 | €13,361 | ▲ 33.6% |
| Other operating charges640/8 | €1,216 | €892 | €707 | €1,303 | ▲ 84.3% |
| Gross operating margin9900 | €82,575 | €43,748 | €36,627 | €43,184 | ▲ 17.9% |
| Operating profit (loss)9901 | €61,277 | €33,772 | €25,916 | €28,520 | ▲ 10.0% |
| Financial income75/76B | €676 | €598 | €46 | €1,161 | ▲ 2,426% |
| Recurring financial income75 | €676 | €598 | €46 | €1,161 | ▲ 2,426% |
| Financial charges65/66B | €1,942 | €2,101 | €7,442 | €4,739 | ▼ 36.3% |
| Recurring financial charges65 | €1,942 | €2,101 | €7,442 | €4,739 | ▼ 36.3% |
| Profit (loss) for the period before taxes9903 | €60,010 | €32,269 | €18,520 | €24,942 | ▲ 34.7% |
| Income taxes67/77 | €13,269 | €7,944 | €3,321 | €4,906 | ▲ 47.7% |
| Profit (loss) for the period9904 | €46,741 | €24,325 | €15,199 | €20,036 | ▲ 31.8% |
| Profit (loss) for the period to be appropriated9905 | €46,741 | €24,325 | €15,199 | €20,036 | ▲ 31.8% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €109,250 | €101,967 | €189,991 | €181,087 | ▼ 4.7% |
| Fixed assets21/28 | €27,075 | €26,096 | €41,560 | €36,147 | ▼ 13.0% |
| Tangible fixed assets22/27 | €27,075 | €26,096 | €41,560 | €36,147 | ▼ 13.0% |
| Plant, machinery and equipment23 | €19,713 | €21,359 | €33,735 | €26,083 | ▼ 22.7% |
| Furniture and vehicles24 | €7,362 | €4,737 | €7,825 | €10,064 | ▲ 28.6% |
| Current assets29/58 | €82,175 | €75,870 | €148,432 | €144,941 | ▼ 2.4% |
| Amounts receivable after more than one year29 | €40,000 | €40,000 | €40,000 | €40,000 | = |
| Other amounts receivable291 | €40,000 | €40,000 | €40,000 | €40,000 | = |
| Amounts receivable within one year40/41 | €39,008 | €27,385 | €102,348 | €98,476 | ▼ 3.8% |
| Trade receivables40 | €35,773 | €18,391 | €92,534 | €87,875 | ▼ 5.0% |
| Other amounts receivable41 | €3,235 | €8,994 | €9,814 | €10,601 | ▲ 8.0% |
| Cash at bank and in hand54/58 | €3,089 | €6,816 | €3,733 | €4,464 | ▲ 19.6% |
| Deferred charges and accrued income490/1 | €78 | €1,670 | €2,351 | €2,001 | ▼ 14.9% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €109,250 | €101,967 | €189,991 | €181,087 | ▼ 4.7% |
| Equity10/15 | €47,741 | €72,066 | €87,264 | €83,771 | ▼ 4.0% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | €46,741 | €71,066 | €86,264 | €82,771 | ▼ 4.1% |
| Distributable reserves133 | €46,741 | €71,066 | €86,264 | €82,771 | ▼ 4.1% |
| Profit (loss) carried forward14 | - | - | - | €0 | - |
| Amounts payable17/49 | €61,509 | €29,901 | €102,727 | €97,317 | ▼ 5.3% |
| Amounts payable after more than one year17 | €273 | €0 | €10,288 | €5,855 | ▼ 43.1% |
| Financial debts170/4 | €273 | €0 | €10,288 | €5,855 | ▼ 43.1% |
| Amounts payable within one year42/48 | €61,222 | €29,769 | €92,054 | €91,036 | ▼ 1.1% |
| Current portion of amounts payable after more than one year42 | €12,375 | €273 | €4,222 | €4,433 | ▲ 5.0% |
| Financial debts43 | €6,431 | €6,471 | €4,691 | €7,522 | ▲ 60.4% |
| Credit institutions430/8 | €6,431 | €6,471 | €4,691 | €7,522 | ▲ 60.4% |
| Trade debts44 | €30,084 | €9,677 | €67,711 | €53,515 | ▼ 21.0% |
| Suppliers440/4 | €30,084 | €9,677 | €67,711 | €53,515 | ▼ 21.0% |
| Advances received on contracts in progress46 | €261 | €261 | €261 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €2,733 | €2,725 | €419 | €1,320 | ▲ 215% |
| Taxes450/3 | €2,733 | €2,725 | €419 | €1,320 | ▲ 215% |
| Other amounts payable47/48 | €9,339 | €10,361 | €14,750 | €24,245 | ▲ 64.4% |
| Accrued charges and deferred income492/3 | €13 | €132 | €384 | €426 | ▲ 10.9% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €46,741 | €24,325 | €15,199 | €20,036 | ▲ 31.8% |
| + Depreciation and write-downs630 | €20,082 | €9,084 | €10,004 | €13,361 | ▲ 33.6% |
| Operating cash flow (approximation) | €66,824 | €33,409 | €25,202 | €33,396 | ▲ 32.5% |
| Investment in fixed assets (approximation) | - | -€8,105 | -€25,467 | -€7,948 | ▲ 68.8% |
| Change in cash | - | €3,727 | -€3,083 | €731 | ▲ 124% |
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
15-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 15 days late
2024
30-09
Financial
Weakest financial yearnet €15,199 ▼37.5%
Net result drops to €15,199, the lowest in the series; recovery starts the following year.
15-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Merelbeke-Melle · 1 establishment unit since 2020
Ground area
890 m²
Building footprint
200 m²
Volume, LiDAR
874 m³
Parcel 44024A0234/00V002, Flanders · tallest building 9.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ALL-DIVACK
since 20202.311.119.525
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44024A0234/00V002 | Flanders | 890 m² | 1 · 200 m² | 9.2 m · 1 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.
Similar companies · same sector, comparable size
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K PAR K CONSTRUCT
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TP DESIGN
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Soumagne · Eq €83,846
SONOBO
BE 0453.453.917
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WOUTBEWERKING
BE 1003.612.973
Brecht · Eq €83,665
Of 20,025 companies in sector 43320 we hold annual accounts for 9,138. 7,694 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
Founded21-12-2020
Fiscal year end30-09
Activities, NACEBEL 2025
43320Joinery installation
Contact
E-mail
all-divack@skynet.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0760337270
Also
9925:BE0760337270
Registered
12-02-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.