Turnover
Turnover fell in 2025: different schema filed.
Turnover fell in 2025: different schema filed.
Green is investment, beige is depreciation.
ALM CONSTRUCT pays its suppliers 56 days later than in 2024. Customers pay 3 days earlier.
Short-term debts rose from €11,394 to €21,876.
The 2023 accounts came latest: 86 days after the end of the period.
Less equity than 90% of companies in specialised construction. Sector median €340,458 · 9,279 companies.
In July 2024, 3,601 companies had the same profile as ALM CONSTRUCT has now. Each dot stands for 10 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 3,601 companies, not a prediction for ALM CONSTRUCT. 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.
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.
| Company | ||||
|---|---|---|---|---|
| ALM CONSTRUCT Incourt | €74,629 | -30.1% | 43.4% | - |
| VIKTALI Ninove | - | - | 51.7% | - |
| JCP Services Beauvechain | - | - | -49.5% | - |
| Sodec.be Genk | €116,963 | -9.9% | 73.9% | 1.4 |
| S&B BATY Anderlecht | - | - | 74.3% | - |
| AMENAGEMENTS 2000 Bertrix | - | - | 97.1% | - |
| DICA TRAVAUX Liège | - | - | 96.9% | - |
Grey: the largest companies of the sector (specialised construction (NACE 43)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as ALM CONSTRUCT: site preparation (NACE 43120). They are comparable in size and age: total assets between €37,300 and €53,100, founded between 2017 and 2022.
ALM CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin fell from €6,996 in 2020 to -€19,716 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 50% of 9,279 companies in 2025.
Higher than 51% of 9,202 companies in 2025.
Lower than 95% of 9,247 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
43,500 | 54,981 | 146,017 | 112,659 | 90,918 | 56,380 | |
21/28 |
4,904 | 4,904 | 10,857 | 10,753 | 14,764 | 16,617 | |
21 |
0 | 164 | 4,164 | 8,164 | 12,164 | 16,164 | |
22/27 |
4,451 | 4,287 | 6,239 | 2,136 | 2,147 | - | |
23 |
4,451 | 4,287 | 6,196 | 1,041 | - | - | |
24 |
0 | 0 | 43 | 1,095 | 2,147 | - | |
28 |
453 | 453 | 453 | 453 | 453 | 453 | |
29/58 |
38,595 | 50,077 | 135,160 | 101,906 | 76,154 | 39,763 | |
3 |
5,759 | 9,393 | 15,307 | 37,960 | 3,250 | 2,100 | |
30/36 |
5,759 | 9,393 | 15,307 | 17,057 | 3,250 | 2,100 | |
37 |
- | - | - | 20,903 | - | - | |
40/41 |
6,531 | 31,267 | 102,200 | 49,885 | 33,316 | 5,187 | |
40 |
5,880 | 30,710 | 101,849 | 44,949 | 16,820 | 3,724 | |
41 |
651 | 557 | 350 | 4,935 | 16,496 | 1,463 | |
50/53 |
- | - | - | - | - | 0 | |
54/58 |
24,999 | 6,323 | 14,617 | 10,726 | 36,375 | 30,158 | |
490/1 |
1,306 | 3,093 | 3,037 | 3,336 | 3,213 | 2,318 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
43,500 | 54,981 | 146,017 | 112,659 | 90,918 | 56,380 | |
10/15 |
18,864 | 41,107 | 20,966 | 31,578 | 27,782 | 11,402 | |
10/11 |
10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | |
14 |
8,864 | 31,107 | 10,966 | 21,578 | 17,782 | 1,402 | |
17/49 |
24,636 | 13,874 | 125,051 | 81,081 | 63,136 | 44,978 | |
17 |
- | - | - | - | 513 | 6,614 | |
170/4 |
- | - | - | - | 513 | 6,614 | |
42/48 |
21,876 | 11,394 | 122,651 | 76,481 | 58,863 | 34,824 | |
42 |
- | - | - | 4,680 | 6,101 | 5,990 | |
44 |
17,138 | 9,042 | 98,204 | 47,196 | 11,984 | 8,686 | |
440/4 |
17,138 | 9,042 | 98,204 | 46,812 | 11,927 | 7,422 | |
441 |
- | - | - | 383 | 57 | 1,264 | |
46 |
- | - | 20,898 | 20,023 | 27,176 | 18,355 | |
45 |
4,184 | 2,322 | 3,549 | 4,583 | 7,602 | 1,793 | |
450/3 |
4,184 | 2,322 | 3,549 | 4,583 | - | - | |
454/9 |
- | - | - | - | 7,602 | 1,793 | |
47/48 |
553 | 30 | - | - | 6,000 | - | |
492/3 |
2,760 | 2,480 | 2,400 | 4,600 | 3,760 | 3,540 | |
| Income statement | |||||||
70 |
74,629 | 351,476 | 627,970 | 530,426 | 393,763 | - | |
9900 |
-19,716 | 29,559 | -3,689 | 10,691 | 28,383 | 6,996 | |
60/61 |
94,345 | 321,917 | 631,659 | 519,735 | 365,410 | 137,431 | |
630 |
2,212 | 5,953 | 6,249 | 5,295 | 5,008 | 3,836 | |
640/8 |
548 | 536 | 533 | 496 | 497 | 496 | |
9901 |
-22,476 | 23,071 | -10,472 | 4,899 | 22,878 | 2,664 | |
75/76B |
0 | 34 | - | 0 | 124 | 2 | |
75 |
0 | 34 | - | 0 | 124 | 2 | |
65/66B |
58 | 238 | 141 | 209 | 2,520 | 782 | |
65 |
58 | 238 | 141 | 209 | 2,520 | 782 | |
9903 |
-22,534 | 22,867 | -10,613 | 4,690 | 20,482 | 1,884 | |
67/77 |
-291 | 2,725 | - | 893 | 4,102 | 482 | |
9904 |
-22,243 | 20,142 | -10,613 | 3,797 | 16,380 | 1,402 | |
9905 |
-22,243 | 20,142 | -10,613 | 3,797 | 16,380 | 1,402 | |
| Appropriation of the result | |||||||
9906 |
8,864 | 31,107 | 10,966 | 21,578 | 17,782 | 1,402 | |
14P |
31,107 | 10,966 | 21,578 | 17,782 | 1,402 | - | |
| Document | |||||||
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 27-09-2026.
2025 annual accounts filed 58 days after the deadline. Filed on 27 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00525915.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 27-09-2026 | 2026-00525915 | |
| 31-12-2024 | full format | 29-09-2025 | 2025-00513246 | |
| 31-12-2023 | full format | 25-10-2024 | 2024-00520540 | |
| 31-12-2022 | full format | 01-09-2023 | 2023-00432319 | |
| 31-12-2021 | full format | 26-09-2022 | 2022-20435260 | |
| 31-12-2020 | full format | 31-08-2021 | 2021-65200559 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| -20,264 | 29,023 | -4,223 | 10,194 | 27,886 | 6,500 | ||
| -20,031 | 26,094 | -4,364 | 9,092 | 21,388 | 5,238 | ||
| 7,916 | 0 | 6,353 | 1,285 | 3,155 | 20,453 | ||
| 18,676 | -8,294 | 3,891 | -25,649 | 6,217 | - | ||
| 16,720 | 38,683 | 12,509 | 25,425 | 17,291 | 4,939 | ||
| -30.1% | 6.6% | -1.7% | 0.9% | 5.8% | - | ||
| 43.4% | 74.8% | 14.4% | 28.0% | 30.6% | 20.2% | ||
| 1.76 | 4.40 | 1.10 | 1.33 | 1.29 | 1.14 | ||
| 1.50 | 3.57 | 0.98 | 0.84 | 1.24 | 1.08 | ||
| 1.31 | 0.34 | 5.96 | 2.57 | 2.27 | 3.94 | ||
| -117.9% | 49.0% | -50.6% | 12.0% | 59.0% | 12.3% | ||
| -51.1% | 36.6% | -7.3% | 3.4% | 18.0% | 2.5% | ||
| -349.62 | over 100 | -29.94 | 48.80 | 11.07 | - | ||
| 29 days | 32 days | 59 days | 31 days | 16 days | - | ||
| 66 days | 10 days | 57 days | 33 days | 12 days | 23 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €7,916 | - | €6,353 | €1,285 | €3,155 |
| €2,212 | €5,953 | €6,249 | €5,295 | €5,008 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €22,476, after a profit of €23,071 in 2024. It is the lowest result since 2020.
Debt's share of the balance-sheet total rises from 25.2% to 56.6%. Equity is lower and debt is higher.
ALM CONSTRUCT has no parent and no holdings in its annual accounts. is the only director.
| HOME VISION
registered office since 08-04-2003 · founded in 2003 · accounts filed late |
5.3 FTE (2024) 0479.750.221 |
| KF CONSTRUCT
registered office since 23-12-2011 · founded in 2011 · accounts filed late |
3.4 FTE (2024) 0842.105.894 |
| KOUFRAN
registered office since 23-11-1993 · founded in 1993 · negative equity (2025) |
total assets €7,112 (2025) 0451.284.580 |
| La Joyeuse Folie de Vivre, collectif d'artistes
registered office since 29-05-2021 |
founded in 2021 0768.879.309 |
| Zarrella, Mirella (sole trader)
establishment since 01-01-2021 |
founded in 2021 0768.940.873 |
| Duprix, Charlotte (sole trader)
establishment since 01-01-2019 |
founded in 2019 0716.924.624 |
| Sulbout, Jennifer (sole trader)
establishment since 18-08-2014 |
founded in 2014 0558.930.925 |
via , at ALM CONSTRUCT until 2023 · Director (not named in the articles) · deed of 29-11-2024 founded in 2024 |
total assets €125,219 (2025) |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Rue de Patruange 17 registered office 1315 Incourt | 21-01-2020 | 2.299.615.919 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 25093B0289/00S000 | 1,573 m² | 1 · 86 m² | 8.1 m · 2 |
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. Use the enterprise number 0740.956.571
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