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ALLIANCE CONSTRUCT

Active
Private limited companyfounded 2024active for 1 yearGrand-Vivier(B) 7A, 7911 Frasnes-lez-Anvaing, BelgiumKBO/BCE: BE 1017.527.228
Summary

The computed 12-month bankruptcy probability of ALLIANCE CONSTRUCT is 3.1% (moderate). The 2025 annual accounts show equity of €5,461 and a net result of €2,461. Its solvency ranks better than 47% of 9,327 sector peers (NACE 41, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€13,659total assets 2025
Equity
€5,461
Profit
€2,461
Turnover not published (micro format)
Financial health
51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.1%
Structure
2025 accounts 22 days early
Why 51raises riskFounded in 2024Sector: Construction of residential and non-residential buildings (NACE 41)Size: total assets €13,659lowers riskFigures for financial year 2025 (filed 09-07-2026)Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 48% of its sector peers (NACE 41, micro)
Financial strength
Strong
Solvency 65
equity 40.0% of total assets
Liquidity 26
short-term debt 60.0% · cash 6.0%
Profitability 91
return on assets 18.0%
Bankruptcy probability, 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,441 companies, NACE 41, micro)
Last 24 months 01-2026: 3.6% 02-2026: 3.7%▲ +0.1 percentage points vs 01-2026 03-2026: 3.7%● unchanged vs 02-2026 04-2026: 4.0%▲ +0.3 percentage points vs 03-2026 05-2026: 4.2%▲ +0.2 percentage points vs 04-2026 06-2026: 4.5%▲ +0.3 percentage points vs 05-2026 07-2026: 5.0%▲ +0.5 percentage points vs 06-2026highest value 08-2026: 3.1%▼ -1.9 percentage points vs 07-2026 09-2026: 3.1%● unchanged vs 08-2026 10-2026: 3.1%● unchanged vs 09-2026lowest value
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 41, micro): better than 48% on solvency, 22% on liquidity and 76% on profitability.

The bankruptcy probability was computed on 27-10-2026 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).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Size: total assets €13,659
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 09-07-2026)
NBB · annual accounts
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 09-07-2026, 22 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
22 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointment: ALLARD Mikael Claude Marcel…

Financials · financial year 2025, micro format

Equity
€5,461
Total assets
€13,659
Net result
€2,461
Working capital
-€2,498

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €12,822
Fixed assets €7,123
Current assets €5,699
Equity and liabilities €13,659
Equity €5,461
Debt €8,197
Debt finances 60.0% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€6,313
Cash flow
€4,098
Current ratio
0.70
Debt to equity
1.50
ROE
45.1%
ROA
18.0%
Interest coverage
6.33
Debt ≤ 1 year
€8,197
Income taxes
€1,219

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a higher bankruptcy probability: 3.1% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

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 11,279 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 · 39 lines
Balance sheet Code2025
Assets
Total assets20/58€13,659
Formation expenses20€837
Fixed assets21/28€7,123
Tangible fixed assets22/27€7,123
Plant, machinery and equipment23€5,168
Furniture and vehicles24€1,955
Current assets29/58€5,699
Amounts receivable within one year40/41€4,875
Trade receivables40€4,617
Other amounts receivable41€258
Cash at bank and in hand54/58€825
Equity and liabilities
Total equity and liabilities10/49€13,659
Equity10/15€5,461
Contributions10/11€3,000
Reserves13€2,450
Non-distributable reserves130/1€2,450
Other1319€2,450
Profit (loss) carried forward14€11
Amounts payable17/49€8,197
Amounts payable within one year42/48€8,197
Trade debts44€701
Suppliers440/4€701
Taxes, remuneration and social security45€3,719
Taxes450/3€1,219
Remuneration and social security454/9€2,500
Other amounts payable47/48€3,777
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,636
Other operating charges640/8€936
Gross operating margin9900€7,249
Operating profit (loss)9901€4,677
Financial charges65/66B€997
Recurring financial charges65€997
Profit (loss) for the period before taxes9903€3,680
Income taxes67/77€1,219
Profit (loss) for the period9904€2,461
Profit (loss) for the period to be appropriated9905€2,461
Appropriation of the result
Profit (loss) to be appropriated9906€2,461
Transfer to equity691/2€2,450
To other reserves6921€2,450

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,636
Other operating charges640/8€936
Gross operating margin9900€7,249
Operating profit (loss)9901€4,677
Financial charges65/66B€997
Recurring financial charges65€997
Profit (loss) for the period before taxes9903€3,680
Income taxes67/77€1,219
Profit (loss) for the period9904€2,461
Profit (loss) for the period to be appropriated9905€2,461
Line2025
Assets
Total assets20/58€13,659
Formation expenses20€837
Fixed assets21/28€7,123
Tangible fixed assets22/27€7,123
Plant, machinery and equipment23€5,168
Furniture and vehicles24€1,955
Current assets29/58€5,699
Amounts receivable within one year40/41€4,875
Trade receivables40€4,617
Other amounts receivable41€258
Cash at bank and in hand54/58€825
Equity and liabilities
Total equity and liabilities10/49€13,659
Equity10/15€5,461
Contributions10/11€3,000
Reserves13€2,450
Non-distributable reserves130/1€2,450
Other1319€2,450
Profit (loss) carried forward14€11
Amounts payable17/49€8,197
Amounts payable within one year42/48€8,197
Trade debts44€701
Suppliers440/4€701
Taxes, remuneration and social security45€3,719
Taxes450/3€1,219
Remuneration and social security454/9€2,500
Other amounts payable47/48€3,777
Line2025
Profit (loss) for the period9904€2,461
+ Depreciation and write-downs630€1,636
Operating cash flow (approximation)€4,098

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 09-07-2026 2026-00292273

Similar companies · same sector, comparable size

Of the 29,217 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,303. 7,000 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2024
ALLARD Mikael Claude Marcel Louis
Director (not named in the articles) · since 19-12-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
ALLARD Mikael Claude Marcel Louis
  • Director (not named in the articles), from 19-12-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 19-12-2024 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 19-12-2024 Incorporation · €3,000 · 100 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

ALLIANCE CONSTRUCT was incorporated on 17 December 2024 as a private limited company by one natural person, with a starting capital of €3,000.12 Since 2024, ALLARD Mikael Claude Marcel Louis has served as director of the company.2 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 19-12-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
09-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2024
19-12
Gazette deed Incorporation
Appointment: ALLARD Mikael Claude Marcel Louis (director) · Founder · Founding capital16 facts ▸
  • Incorporation, “ALLIANCE CONSTRUCT” (deed in French)
  • Founder, ALLARD Mikael Claude Marcel Louis
  • Other provision, 12-12-2024
  • Other provision, “responsabilité des fondateurs en cas de faillite, trois ans de la constitution” (deed in French)
  • Founding capital, €3,000
  • Other provision, “fondateur ou personne ayant participé directement ou indirectement à la constitution, avantages particuliers” (deed in French)
  • Share issue, “droit égal dans la répartition des bénéfices et des produits de la liquidation, droit de vote égal” (deed in French)
  • Other provision, “lecture acte et projet, complète et correcte” (deed in French)
  • Other provision, “frais constitution”, 1210.45 (deed in French)
  • Director appointment, ALLARD Mikael Claude Marcel Louis (director (not named in the articles))
  • Board rule, 1, “actionnaire comparant” (deed in French)
  • Pre-incorporation commitments, “takeover, engagements six derniers mois” (deed in French)
  • +4 further facts in this act
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded17-12-2024
Financial year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Contact
E-mail mikawendy10@hotmail.frFrasnes-lez-Anvaing
Phone 0470354176Frasnes-lez-Anvaing
E-invoicing
Reachable via Peppol
Peppol ID 0208:1017527228
Registered 28-02-2025

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

Register as of 27 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 1017.527.228

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Frasnes-lez-Anvaing · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
3,221 m²
Building footprint
151 m²
Parcel 51013A0413/00B000, Wallonia. Linked by address, not a title deed.
1 establishment unit
ALLIANCE CONSTRUCT
Grand-Vivier(B) 7A, 7911 Frasnes-lez-AnvaingSewerage
since 2024unit no. 2.367.617.966
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
51013A0413/00B000 Wallonia 3,221 m² 1 · 151 m² -
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Construction générale de bâtiments résidentiels; Travaux de démolition; Travaux de préparation des sites; Pose de carrelages de sols et de…” (deed in French)
16 activities (deed in French)
  1. Construction générale de bâtiments résidentiels
  2. Travaux de démolition
  3. Travaux de préparation des sites
  4. Pose de carrelages de sols et de murs
  5. Autres travaux de finitions
  6. Travaux de maçonnerie et de rejointoiement
  7. Pose de chapes
  8. Autres activités de construction spécialisées (travaux de ferraillage,coffrage,ossatures métalliques,….)
  9. Collecte et traitement des eaux usées
  10. Dépollution et autres services de gestion des déchets
  11. Construction de routes et d’autoroutes
  12. Construction de réseaux de distribution d’eau et de gaz
  13. Construction de réseaux d’évacuation des eaux usées
  14. Travaux de dragage
  15. Intermédiaire de commerce en article de bois,matériaux de construction,de peintures et de vernis
  16. Aménagement paysager extérieur

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
ALLIANCE CONSTRUCT
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“N’entraîne pas de changement en matière de régime linguistique, Région wallonne” (deed in French)

deed of 19-12-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“1, 2:55 CSA” (deed in French)
“Fixe ou proportionnelle, 14” (deed in French)

deed of 19-12-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, 9” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Entre vifs ou cause de mort sans agrément, moitié cédant moitié acquéreurs au prorata” (deed in French)

deed of 19-12-2024

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
“Décision de l'assemblée générale délibérant comme en matière de modification des statuts” (deed in French)
“Assemblée générale, modifications statuts” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“28, désigner un ou plusieurs fixer pouvoirs émoluments” (deed in French)

deed of 19-12-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Appels de fonds, détermine librement,au fur et à mesure des besoins et aux époques jugées utiles,les versements ultérieurs sur actions…” (deed in French)
Other provision: “Droit de préférence pour actions nouvelles en numéraire, organe qui procède à l’émission” (deed in French)
Other provision: “Indivisibilité titres, 10” (deed in French)
Other provision: “Héritiers légataires saisis proportionnellement jusqu'au partage ou délivrance, délibérations” (deed in French)
Other provision: “Exerce pouvoirs conférés par CSA, pouvoirs assemblée générale” (deed in French)
Liquidation distribution: “Remis même proportion, 29” (deed in French)
Other provision: “Autre domicile élu Belgique vis-à-vis société, élection de domicile” (deed in French)
Other provision: “Compétence judiciaire, 31” (deed in French)
Other provision: “Droit commun, 32” (deed in French)
9 more provisions in the deed, see the deed of 19-12-2024

deed of 19-12-2024