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ALLEGION EMEA

Active Risk: very low
Private limited companyfounded 201313 yrs activeHerrmann-Debrouxlaan 54, 1160 Oudergem, BelgiumKBO/BCE: BE 0536.934.788
Summary

ALLEGION EMEA has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2023 annual accounts show equity of €2.00M and a net result of €115k. Equity is growing by ~20.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Axes, FY 2023 · tick = 2022
Profitability47▲+13
Solvency47▲+30
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2023
Solvency, return and age of the figures
Solvency
22.2%
Return on assets
1.3%
Age of the figures
33 mo
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 13 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
34 d early
2023
30 d early
2022
35 d early
2021
38 d early
2020
30 d early
2019
15 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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 2023, abbreviated schema

Equity
€2.00M
2022 · €-110k
2018: €-117k 2019: €-200k 2020: €-196k 2021: €-133k 2022: €-110k
2018 → 2023
Total assets
€9.04M▲ 533%
2022 · €1.43M
2018: €1.60M 2019: €2.14M 2020: €6.51M 2021: €1.05M 2022: €1.43M
2018 → 2023
Net result
€115k▲ 410%
2022 · €23k
2018: €-113k 2019: €-83k 2020: €4k 2021: €63k 2022: €23k
2018 → 2023
Working capital
€1.90M
2022 · €-422k
2018: €-1.23M 2019: €-1.10M 2020: €-913k 2021: €-647k 2022: €-422k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20192020202120222023Trend
Equity€-200k-€-196k▲ 1.8%€-133k▲ 32.3%€-110k▲ 16.9%€2.00M
Operating result€81k-€177k▲ 119%€209k▲ 17.7%€479k▲ 129%€37k▼ 92.2%
Net result€-83k-€4k€63k▲ 1,712%€23k▼ 64.5%€115k▲ 410%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-200k€0€200k€400kOperating result 2019: €81k€81kNet result 2019: €-83k€-83kOperating result 2020: €177k€177kNet result 2020: €4k€4kOperating result 2021: €209k€209kNet result 2021: €63k€63kOperating result 2022: €479k€479kNet result 2022: €23k€23kOperating result 2023: €37k€37kNet result 2023: €115k€115k20192020202120222023€0€200k€400kOperating result 2021: €209k€209kNet result 2021: €63k€63kOperating result 2022: €479k€479kNet result 2022: €23k€23kOperating result 2023: €37k€37kNet result 2023: €115k€115k202120222023
The operating result falls in 2023; 2023 is 92% below 2022 and is the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €9.04M
Fixed assets €108k ▼ 65.2%
Current assets €8.93M ▲ 700%
Equity and liabilities €9.04M
Equity €2.00M
Debt €7.04M
Debt finances 77.8% of the balance-sheet total.
Key figures and ratios
2023 value · change against 2022
EBITDA
€240k
2022 · €681k
Cash flow
€317k
2022 · €225k
Current ratio
1.27
2022 · 0.73
Debt to equity
3.51
2022 · -13.93
ROE
5.7%
ROA
1.3%
2022 · 1.6%
Interest coverage
3.14
2022 · 1.60
Debt ≤ 1 year
€7.04M
2022 · €1.54M
Income taxes
€31k
2022 · €29k
Staff costs
€1.02M
2022 · €1.04M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 38 lines
Balance sheet Code20222023
Assets
Total assets20/58€1.43M€9.04M
Fixed assets21/28€311k€108k
Intangible fixed assets21€311k€108k
Current assets29/58€1.12M€8.93M
Amounts receivable within one year40/41€1.11M€7.00M
Trade receivables40€1.06M€6.98M
Other amounts receivable41€55k€20k
Cash at bank and in hand54/58-€1.91M
Deferred charges and accrued income490/1€5k€16k
Equity and liabilities
Total equity and liabilities10/49€1.43M€9.04M
Equity10/15€-110k€2.00M
Contributions10/11€484k€2.48M
Profit (loss) carried forward14€-594k€-480k
Amounts payable17/49€1.54M€7.04M
Amounts payable within one year42/48€1.54M€7.04M
Financial debts43€494k€0
Credit institutions430/8€494k€0
Trade debts44€769k€6.67M
Suppliers440/4€769k€6.67M
Taxes, remuneration and social security45€274k€366k
Taxes450/3€0-
Remuneration and social security454/9€274k€366k
Accrued charges and deferred income492/3€0-
Income statement Code20222023
Remuneration, social security and pensions62€1.04M€1.02M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€203k€203k=
Gross operating margin9900€1.73M€1.26M
Operating profit (loss)9901€479k€37k
Financial income75/76B-€185k
Recurring financial income75-€185k
Financial charges65/66B€427k€76k
Recurring financial charges65€427k€76k
Profit (loss) for the period before taxes9903€52k€146k
Income taxes67/77€29k€31k
Profit (loss) for the period9904€23k€115k
Profit (loss) for the period to be appropriated9905€23k€115k
Appropriation of the result
Profit (loss) to be appropriated9906€-594k€-480k
Profit (loss) brought forward from the previous period14P€-617k€-594k
Social balance
Average headcount (FTE)90874.04.0=

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
27-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Highest result since 2018net €115k ▲410%
Net result €115k, the highest in the series.
31-12
Financial Equity above €2MEq €2.00M
4 profitable years in a row build equity to €2.00M.
26-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
01-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Back to profitnet €4k
Net result €4k after 2 loss-making years.
16-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
23-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 23 days late
2017
31-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
22-12
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 144 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Oudergem · 1 establishment unit since 2013
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Herrmann-Debrouxlaan 541160 Oudergem
Ground area
3,929 m²
Building footprint
1,150 m²
Volume, LiDAR
28,081 m³
Parcel 21332B0081/00H002, Brussels · tallest building 30.4 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
Allegion EMEA
Herrmann-Debrouxlaan 54, 1160 OudergemOffice administrative, office support and other business support activities
since 20132.232.060.862
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21332B0081/00H002 Brussels 3,929 m² 1 · 1,150 m² 30.4 m · 9 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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

Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 20,158 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded25-07-2013
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
70200Business and other management consultancy
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers

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