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ALLAERT

Active
Public limited companyfounded 197947 yrs activeBoerderijstraat 6, 8530 Harelbeke, BelgiumKBO/BCE: BE 0419.682.673
Summary

The annual accounts of ALLAERT for fiscal year 2025 show a net loss of 99% of the equity at the start of that year. The 2025 annual accounts show equity of €534,108 and a net result of -€844,353. Equity is shrinking by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 8% of 682 sector peers (fiscal year 2025). The company has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability14▲+14
Solvency31▼-1
Growth27▼-3
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.59 against 0.51 in 2024; short-term debt: 70.5% and cash: 0.8% of total assets), and 93.6% of the assets are financed with debt.
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Signals

Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
highest failure risk from 2 to 8 years 47 years 0 50 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
6.4%
Return on assets
-10.1%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€844,353
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 682 sector peers (2025).
NBB · sector comparison
Position among 682 sector peers
Solvency
better than 8%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
24 d early
2024
182 d late
2023
160 d late
2022
31 d late
2021
68 d early
2020
18 d early
2019
16 d early
← 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 35 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% 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 31 August (4 of the last 5 filed years within 130 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 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

History

On 2 July 1979, ALLAERT was incorporated.1 Revenue went from EUR 14 million in 2018 to EUR 9.6 million in 2025 and headcount from 51.4 to 40.8 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Source amounts without an identifiable currency are assumed to be EUR.

Turnover
€9.6m▼ 16.9%
2024 · €11.6m
EBIT margin
-5.6%▲ 11.5pp
2024 · -17.2%
Net result
-€844,353▲ 60.5%
2024 · -€2.1m
Working capital
-€2.4m▲ 39.5%
2024 · -€4.0m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, 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
Turnover€12.8m▼ 20.6%€13.9m▲ 8.3%€12.8m▼ 7.8%€11.6m▼ 9.6%€9.6m▼ 16.9%
Operating result€339,646▼ 36.9%€229,602▼ 32.4%-€1.9m-€2.0m▼ 6.6%-€542,757▲ 72.7%
Net result€156,244within the sector's middle half▼ 52.1%€66,981within the sector's middle half▼ 57.1%-€2.0mbelow the sector's middle half-€2.1mbelow the sector's middle half▼ 6.0%-€844,353below the sector's middle half▲ 60.5%
EBIT margin2.6%▼ 0.7pp1.7%▼ 1.0pp-14.6%▼ 16.2pp-17.2%▼ 2.6pp-5.6%▲ 11.5pp
Equity€3.9mabove the sector's middle half▲ 1.5%€5.1mabove the sector's middle half▲ 30.9%€3.0mwithin the sector's middle half▼ 41.6%€851,722within the sector's middle half▼ 71.5%€534,108within the sector's middle half▼ 37.3%
Total assets€11.8mabove the sector's middle half▲ 0.6%€14.4mabove the sector's middle half▲ 21.6%€13.7mabove the sector's middle half▼ 4.5%€11.4mabove the sector's middle half▼ 16.7%€8.3mwithin the sector's middle half▼ 26.9%
Debt€7.9m▲ 0.2%€9.2m▲ 17.0%€10.7m▲ 16.1%€10.5m▼ 1.7%€7.8m▼ 26.1%
Working capital€499,276within the sector's middle half▲ 19.2%-€51,669below the sector's middle half-€2.1mbelow the sector's middle half▼ 3,997%-€4.0mbelow the sector's middle half▼ 89.2%-€2.4mbelow the sector's middle half▲ 39.5%
Solvency33.1%within the sector's middle half▲ 0.3pp35.7%within the sector's middle half▲ 2.5pp21.8%below the sector's middle half▼ 13.9pp7.5%below the sector's middle half▼ 14.3pp6.4%below the sector's middle half▼ 1.1pp
Current ratio1.10below the sector's middle half▲ 0.020.99below the sector's middle half▼ 0.100.72below the sector's middle half▼ 0.270.51below the sector's middle half▼ 0.210.59below the sector's middle half▲ 0.08
Return on assets (ROA)1.3%within the sector's middle half▼ 1.5pp0.5%below the sector's middle half▼ 0.9pp-14.7%below the sector's middle half▼ 15.2pp-18.7%below the sector's middle half▼ 4.0pp-10.1%below the sector's middle half▲ 8.6pp
Staff (FTE)49.8above the sector's middle half▼ 7.9%46.9above the sector's middle half▼ 5.8%50.8above the sector's middle half▲ 8.3%48.9above the sector's middle half▼ 3.7%40.8above the sector's middle half▼ 16.6%
above within below the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€3.0m-€2.0m-€1.0m€0Operating result 2021: €339,646€339,646Net result 2021: €156,244€156,244Operating result 2022: €229,602€229,602Net result 2022: €66,981€66,981Operating result 2023: -€1.9m-€1.9mNet result 2023: -€2.0m-€2.0mOperating result 2024: -€2.0m-€2.0mNet result 2024: -€2.1m-€2.1mOperating result 2025: -€542,757-€542,757Net result 2025: -€844,353-€844,35320212022202320242025-€3m-€2m-€1m€0Operating result 2023: -€1.9m-€1.9mNet result 2023: -€2.0m-€2mOperating result 2024: -€2.0m-€2mNet result 2024: -€2.1m-€2.1mOperating result 2025: -€542,757-€543,000Net result 2025: -€844,353-€844,000202320242025
The operating result stays negative: a loss of €542,757 in 2025 against €2.0m in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.3m
Fixed assets €4.9m ▼ 32.2%
Current assets €3.5m ▼ 17.7%
Equity and liabilities €8.3m
Equity €534,108 ▼ 37.3%
Provisions €25,000 =
Debt €7.8m ▼ 26.1%
Debt's share of the balance-sheet total rises from 92.3% to 93.3%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€76,292▲
2024 · -€1.5m
Cash flow
-€225,304▲
2024 · -€1.6m
Quick ratio
0.41▲
2024 · 0.33
Debt to equity
14.58▲
2024 · 12.37
ROE
-158.1%▲
2024 · -250.9%
Interest coverage
0.36▲
2024 · -8.67
Debt ≤ 1 year
€5.9m▼
2024 · €8.2m
Debt > 1 year
€1.9m▼
2024 · €2.3m
Income taxes
€6,008▼
2024 · €8,116
Staff costs
€3.0m▼
2024 · €3.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 175 companies that looked in July 2024 the way this one looks now, 4.0% went bankrupt within 24 months and 85% are still going.

  • Small
  • 20 years or older
  • solvency under 10%
  • a loss of 10% of the balance sheet or more
4.0% went bankrupt
8.0% stopped otherwise
85% still going

A further 3.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.6% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 175 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 98 lines
Balance sheet Code20242025
Assets
Total assets20/58€11.4m€8.3m▼
Fixed assets21/28€7.2m€4.9m▼
Intangible fixed assets21€107,308€0▼
Tangible fixed assets22/27€4.9m€2.9m▼
Land and buildings22€3.6m€2.2m▼
Plant, machinery and equipment23€303,154€96,853▼
Furniture and vehicles24€477,145€253,535▼
Leasing and similar rights25€84,509€139,809▲
Other tangible fixed assets26€454,500€204,500▼
Financial fixed assets28€2.2m€2.0m▼
Affiliated companies280/1€2.2m€2.0m▼
Participating interests280€2.2m€2.0m▼
Other financial fixed assets284/8€236€236=
Amounts receivable and cash guarantees285/8€236€236=
Current assets29/58€4.2m€3.5m▼
Amounts receivable after more than one year29€1.3m€628,768▼
Other amounts receivable291€1.3m€628,768▼
Stocks and contracts in progress3€1.5m€1.0m▼
Stocks30/36€989,108€521,199▼
Raw materials and consumables30/31€989,108€521,199▼
Contracts in progress37€530,303€510,706▼
Amounts receivable within one year40/41€1.2m€1.6m▲
Trade receivables40€662,517€1.1m▲
Other amounts receivable41€506,447€497,417▼
Cash at bank and in hand54/58€165,445€69,567▼
Deferred charges and accrued income490/1€20,932€105,131▲
Equity and liabilities
Total equity and liabilities10/49€11.4m€8.3m▼
Equity10/15€851,722€534,108▼
Contributions10/11€614,000€1.6m▲
Capital10€614,000€1.6m▲
Issued capital100€614,000€1.6m▲
Revaluation surpluses12€1.2m€725,371▼
Reserves13€2.8m€1.1m▼
Non-distributable reserves130/1€61,400€61,400=
Legal reserve130€61,400€61,400=
Tax-exempt reserves132€2.7m€1.0m▼
Profit (loss) carried forward14-€3.7m-€2.9m▲
Provisions and deferred taxes16€25,000€25,000=
Provisions for liabilities and charges160/5€25,000€25,000=
Other liabilities and charges164/5€25,000€25,000=
Amounts payable17/49€10.5m€7.8m▼
Amounts payable after more than one year17€2.3m€1.9m▼
Financial debts170/4€1.6m€545,832▼
Leasing and similar obligations172€75,210€68,414▼
Credit institutions173€1.0m€158,294▼
Other loans174€495,833€319,124▼
Other amounts payable178/9€690,522€1.3m▲
Amounts payable within one year42/48€8.2m€5.9m▼
Current portion of amounts payable after more than one year42€832,540€383,457▼
Financial debts43€1.8m€890,000▼
Credit institutions430/8€1.8m€890,000▼
Trade debts44€2.8m€1.3m▼
Suppliers440/4€2.8m€1.3m▼
Advances received on contracts in progress46€2.2m€1.0m▼
Taxes, remuneration and social security45€457,510€490,884▲
Taxes450/3€147,078€94,715▼
Remuneration and social security454/9€310,432€396,169▲
Other amounts payable47/48€210,000€1.8m▲
Accrued charges and deferred income492/3€25,439€34,582▲
Income statement Code20242025
Operating income70/76A€11.6m€12.0m▲
Turnover70€11.6m€9.6m▼
Change in stocks of work in progress, finished goods and contracts in progress71-€206,639-€19,597▲
Own construction capitalised72€0-
Other operating income74€182,148€180,136▼
Non-recurring operating income76A€44,966€2.2m▲
Operating charges60/66A€13.6m€12.5m▼
Goods for resale, raw materials and consumables60€7.4m€6.5m▼
Purchases600/8€7.2m€6.0m▼
Change in stocks: decrease (increase)609€230,154€467,910▲
Services and other goods61€2.4m€1.9m▼
Remuneration, social security and pensions62€3.2m€3.0m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€487,296€619,049▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€10,721
Provisions for liabilities and charges: additions (uses and reversals)635/8€25,000€0▼
Other operating charges640/8€49,357€88,327▲
Non-recurring operating charges66A€3,015€357,641▲
Operating profit (loss)9901-€2.0m-€542,757▲
Financial income75/76B€123,753€177,162▲
Recurring financial income75€123,753€177,162▲
Income from financial fixed assets750-€100,419
Income from current assets751€60,876€41,139▼
Other financial income752/9€62,877€35,604▼
Financial charges65/66B€264,168€472,750▲
Recurring financial charges65€264,168€269,750▲
Debt charges650€173,133€213,156▲
Other financial charges652/9€91,035€56,594▼
Non-recurring financial charges66B-€203,000
Profit (loss) for the period before taxes9903-€2.1m-€838,345▲
Income taxes67/77€8,116€6,008▼
Taxes670/3€8,116€6,008▼
Profit (loss) for the period9904-€2.1m-€844,353▲
Transfer from tax-exempt reserves789-€1.7m
Profit (loss) for the period to be appropriated9905-€2.1m€822,102▲
Appropriation of the result
Profit (loss) to be appropriated9906-€3.7m-€2.9m▲
Profit (loss) brought forward from the previous period14P-€1.6m-€3.7m▼
Transfer from equity791/2€0-
From reserves792€0-
Social balance
Average headcount (FTE)908748.940.8▼

The notes to these accounts (121 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€13.3m€14.1m€13.3m€11.6m€12.0m▲ 3.2%
Turnover70€12.8m€13.9m€12.8m€11.6m€9.6m▼ 16.9%
Change in stocks of work in progress, finished goods and contracts in progress71€215,000€11,537-€316,596-€206,639-€19,597▲ 90.5%
Own construction capitalised72€103,000€0€134,227€0--
Other operating income74€112,460€174,545€191,511€182,148€180,136▼ 1.1%
Non-recurring operating income76A€8,627€7,077€482,453€44,966€2.2m▲ 4,751%
Operating charges60/66A€12.9m€13.8m€15.1m€13.6m€12.5m▼ 7.9%
Goods for resale, raw materials and consumables60€7.8m€8.6m€9.6m€7.4m€6.5m▼ 12.3%
Purchases600/8€8.1m€8.9m€9.6m€7.2m€6.0m▼ 16.0%
Change in stocks: decrease (increase)609-€318,329-€216,428€8,099€230,154€467,910▲ 103%
Services and other goods61€1.8m€1.9m€1.9m€2.4m€1.9m▼ 18.8%
Remuneration, social security and pensions62€2.8m€2.7m€3.2m€3.2m€3.0m▼ 7.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€422,201€460,507€390,135€487,296€619,049▲ 27.0%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€10,721-
Provisions for liabilities and charges: additions (uses and reversals)635/8---€25,000€0▼ 100%
Other operating charges640/8€88,564€58,843€68,207€49,357€88,327▲ 79.0%
Non-recurring operating charges66A€12,000€3,686€0€3,015€357,641▲ 11,762%
Operating profit (loss)9901€339,646€229,602-€1.9m-€2.0m-€542,757▲ 72.7%
Financial income75/76B€97,361€92,617€142,455€123,753€177,162▲ 43.2%
Recurring financial income75€97,361€92,617€142,455€123,753€177,162▲ 43.2%
Income from financial fixed assets750----€100,419-
Income from current assets751€30,528€39,820€62,795€60,876€41,139▼ 32.4%
Other financial income752/9€66,833€52,798€79,660€62,877€35,604▼ 43.4%
Financial charges65/66B€186,960€184,493€259,530€264,168€472,750▲ 79.0%
Recurring financial charges65€186,960€184,493€259,530€264,168€269,750▲ 2.1%
Debt charges650€75,373€93,779€207,623€173,133€213,156▲ 23.1%
Other financial charges652/9€111,587€90,715€51,906€91,035€56,594▼ 37.8%
Non-recurring financial charges66B----€203,000-
Profit (loss) for the period before taxes9903€250,047€137,725-€2.0m-€2.1m-€838,345▲ 60.6%
Income taxes67/77€93,804€70,745€35,339€8,116€6,008▼ 26.0%
Taxes670/3€93,804€70,745€35,339€8,116€6,008▼ 26.0%
Profit (loss) for the period9904€156,244€66,981-€2.0m-€2.1m-€844,353▲ 60.5%
Transfer from tax-exempt reserves789----€1.7m-
Transfer to tax-exempt reserves689€0-----
Profit (loss) for the period to be appropriated9905€156,244€66,981-€2.0m-€2.1m€822,102▲ 138%
Line20212022202320242025Change
Assets
Total assets20/58€11.8m€14.4m€13.7m€11.4m€8.3m▼ 26.9%
Fixed assets21/28€6.1m€7.5m€8.3m€7.2m€4.9m▼ 32.2%
Intangible fixed assets21--€134,154€107,308€0▼ 100%
Tangible fixed assets22/27€3.9m€5.3m€6.0m€4.9m€2.9m▼ 41.2%
Land and buildings22€2.9m€4.1m€4.6m€3.6m€2.2m▼ 38.9%
Plant, machinery and equipment23€108,284€288,761€334,026€303,154€96,853▼ 68.1%
Furniture and vehicles24€439,165€394,062€501,669€477,145€253,535▼ 46.9%
Leasing and similar rights25--€70,891€84,509€139,809▲ 65.4%
Other tangible fixed assets26€454,795€454,511€454,500€454,500€204,500▼ 55.0%
Financial fixed assets28€2.2m€2.2m€2.2m€2.2m€2.0m▼ 9.2%
Affiliated companies280/1€2.2m€2.2m€2.2m€2.2m€2.0m▼ 9.2%
Participating interests280€2.2m€2.2m€2.2m€2.2m€2.0m▼ 9.2%
Other financial fixed assets284/8€236€236€236€236€236=
Amounts receivable and cash guarantees285/8€236€236€236€236€236=
Current assets29/58€5.7m€6.9m€5.4m€4.2m€3.5m▼ 17.7%
Amounts receivable after more than one year29-€888,872€1.4m€1.3m€628,768▼ 53.0%
Other amounts receivable291-€888,872€1.4m€1.3m€628,768▼ 53.0%
Stocks and contracts in progress3€2.1m€2.3m€2.0m€1.5m€1.0m▼ 32.1%
Stocks30/36€1.0m€1.2m€1.2m€989,108€521,199▼ 47.3%
Raw materials and consumables30/31€1.0m€1.2m€1.2m€989,108€521,199▼ 47.3%
Contracts in progress37€1.0m€1.1m€736,942€530,303€510,706▼ 3.7%
Amounts receivable within one year40/41€3.6m€3.6m€1.8m€1.2m€1.6m▲ 39.5%
Trade receivables40€1.5m€1.6m€1.6m€662,517€1.1m▲ 71.0%
Other amounts receivable41€2.0m€2.0m€273,010€506,447€497,417▼ 1.8%
Cash at bank and in hand54/58€49,545€104,576€106,371€165,445€69,567▼ 58.0%
Deferred charges and accrued income490/1€24,312€28,466€58,527€20,932€105,131▲ 402%
Equity and liabilities
Total equity and liabilities10/49€11.8m€14.4m€13.7m€11.4m€8.3m▼ 26.9%
Equity10/15€3.9m€5.1m€3.0m€851,722€534,108▼ 37.3%
Contributions10/11€614,000€614,000€614,000€614,000€1.6m▲ 163%
Capital10€614,000€614,000€614,000€614,000€1.6m▲ 163%
Issued capital100€614,000€614,000€614,000€614,000€1.6m▲ 163%
Revaluation surpluses12€68,813€1.3m€1.2m€1.2m€725,371▼ 39.5%
Reserves13€3.2m€3.2m€2.8m€2.8m€1.1m▼ 60.5%
Non-distributable reserves130/1€61,400€61,400€61,400€61,400€61,400=
Legal reserve130€61,400€61,400€61,400€61,400€61,400=
Tax-exempt reserves132€2.7m€2.7m€2.7m€2.7m€1.0m▼ 61.9%
Distributable reserves133€471,041€438,022€0---
Profit (loss) carried forward14---€1.6m-€3.7m-€2.9m▲ 22.1%
Provisions and deferred taxes16---€25,000€25,000=
Provisions for liabilities and charges160/5---€25,000€25,000=
Other liabilities and charges164/5---€25,000€25,000=
Amounts payable17/49€7.9m€9.2m€10.7m€10.5m€7.8m▼ 26.1%
Amounts payable after more than one year17€2.6m€2.3m€3.2m€2.3m€1.9m▼ 18.8%
Financial debts170/4€2.6m€2.3m€2.6m€1.6m€545,832▼ 66.0%
Leasing and similar obligations172--€48,121€75,210€68,414▼ 9.0%
Credit institutions173€2.6m€2.3m€2.4m€1.0m€158,294▼ 84.7%
Other loans174--€145,833€495,833€319,124▼ 35.6%
Other amounts payable178/9--€619,379€690,522€1.3m▲ 91.0%
Amounts payable within one year42/48€5.2m€6.9m€7.5m€8.2m€5.9m▼ 28.3%
Current portion of amounts payable after more than one year42€874,855€942,746€847,373€832,540€383,457▼ 53.9%
Financial debts43€1.8m€1.8m€1.3m€1.8m€890,000▼ 50.2%
Credit institutions430/8€1.8m€1.8m€1.3m€1.8m€890,000▼ 50.2%
Trade debts44€1.9m€2.8m€3.3m€2.8m€1.3m▼ 52.3%
Suppliers440/4€1.9m€2.8m€3.3m€2.8m€1.3m▼ 52.3%
Advances received on contracts in progress46€120,013€430,213€1.2m€2.2m€1.0m▼ 52.5%
Taxes, remuneration and social security45€360,130€374,526€570,541€457,510€490,884▲ 7.3%
Taxes450/3€109,058€81,312€178,259€147,078€94,715▼ 35.6%
Remuneration and social security454/9€251,072€293,213€392,281€310,432€396,169▲ 27.6%
Other amounts payable47/48€134,934€597,679€314,370€210,000€1.8m▲ 747%
Accrued charges and deferred income492/3€58,795€3,482€24,259€25,439€34,582▲ 35.9%
Line20212022202320242025Change
Profit (loss) for the period9904€156,244€66,981-€2.0m-€2.1m-€844,353▲ 60.5%
+ Depreciation and write-downs630€422,201€460,507€390,135€487,296€619,049▲ 27.0%
Operating cash flow (approximation)€578,445€527,488-€1.6m-€1.6m-€225,304▲ 86.3%
Investment in fixed assets (approximation)--€1.8m-€1.2m€627,000€1.7m▲ 171%
Change in cash-€55,031€1,795€59,074-€95,878▼ 262%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
07-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
29-01
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 182 days late
2025
07-01
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 160 days late
2024
31-12
Financial Weakest financial yearnet -€2.1m
Net result drops to -€2.1m, the lowest in the series; recovery starts the following year.
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial Equity above €5mEq €5.1m ▲30.9%
5 profitable years in a row build equity to €5.1m.
24-05
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
13-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
15-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
03-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
18-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
18-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts

We know of 13 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
13 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, Harelbeke · 3 establishment units since 1979
seat establishment All 3 establishment units on the map
Ground area
8,718 m²
Building footprint
4,677 m²
Volume, LiDAR
25,186 m³
3 parcels, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
3 establishment units
Boerderijstraat 6, 8530 Harelbeke
NACE 4542201
since 19792.016.297.329
Boerderijstraat 40, 8530 Harelbeke
Non-specialised wholesale trade
since 20232.348.606.164
Boerderijstraat 10, 8530 Harelbeke
Manufacture of fabricated metal products, except machinery and equipment
since 20232.348.606.263
3 parcels
Flanders 3 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34322B0679/00H000 Flanders 3,748 m² 1 · 2,325 m² 9.9 m · 2 fl.
34322B0679/00P000 Flanders 3,142 m² 1 · 1,393 m² 8.6 m · 2 fl.
34322B0667/00W000 Flanders 1,828 m² 1 · 958 m² 6.8 m · 2 fl.
Linked by address, not proof of ownership
Good to know
3 of 3 parcels 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 owner · 1 holding

Chain of control

  1. GENOVESE 99.9%
  2. ALLAERT

Highest known parent: GENOVESE. The sources do not say who stands above it.

Owners 1

Holdings 1

According to the 2025 annual accounts of ALLAERT 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.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 13,955 EUR awarded · 13,704 EUR paid
Year Entries awardedpaid
2025 1 533 EUR523 EUR
2024 1 1,829 EUR1,588 EUR
2023 1 6,931 EUR7,096 EUR
2022 1 4,662 EUR4,497 EUR
Schemes
4 entries · 13,955 EUR · 13,704 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Recognised contractor

1 category
ALLAERT NV17305
category D20, class 6
decision 30-06-2025

Similar companies · same sector, comparable size

Of 909 companies in sector 25120 we hold annual accounts for 678. 535 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded02-07-1979
Fiscal year end31-12
Activities, NACEBEL 2025
25120Manufacture of fabricated metal products, except machinery and equipment
43320Joinery installation
43343Specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0419682673
Registered 26-06-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.