Investments
Green is investment, beige is depreciation.
Green is investment, beige is depreciation.
ALLIANCE A.N.G. pays its suppliers 57 days later than in 2023. Customers pay 52 days later.
2025 accounts not filed: deadline was 31-07-2026.
The dashed line is the sector median: 0.7% across 7,626 companies (NACE 96, micro).
About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 96, micro). It does better than 73% of them on solvency, 30% on liquidity, 93% on profitability and 61% on growth.
The bankruptcy probability was computed on 05-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the high class on 30-06-2025, 14.6% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 39,278 companies had the same profile as ALLIANCE A.N.G. has now. Each dot stands for 99 companies, two years later.
The bankruptcy probability of ALLIANCE A.N.G. itself is higher: 11.3% within 12 months. It rests on far more data about ALLIANCE A.N.G. than the profile alone.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for ALLIANCE A.N.G.. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 2.13 (1.78 in 2023), above the usual 1.5. Short-term debt is 43.7% and cash 7.5% of total assets. 43.7% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 3 accounts on average 150 days after the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% of those companies filed late.
| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| ALLIANCE A.N.G. | €133,571 | €71,843 | 56.3% | - |
| MI CASA SU CASA Glabbeek | €123,990 | €77,183 | 65.9% | - |
| MALICHEFF Leuven | €123,006 | €60,149 | 76.9% | - |
| AMGN BE Brussels | €141,131 | €56,560 | 5.5% | 0.8 |
| Natuurlijk MOOI by Claudia Essen | €141,384 | €60,736 | 91.7% | - |
| Nature et Moi Saint-Ghislain | €116,290 | €53,311 | 42.4% | - |
| Kapsalon Janssens Esther Laakdal | €149,363 | €97,851 | 51.1% | - |
These companies have the same main activity as ALLIANCE A.N.G.: hairdressing and barber services (NACE 96210). They are comparable in size and age: total assets between €116,000 and €149,000, founded between 2021 and 2022.
ALLIANCE A.N.G. has existed since 2022. The present size dates from 2023. Turnover rose that year from €96,180 to €258,661.
Solvency rose in 2024 from 50.2% to 56.3% because of the retained profit.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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