ALMECO CONSTRUCT
ActiveSummary
ALMECO CONSTRUCT has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €852,822 and a net result of -€711. Equity is growing by ~14.5% per year across the filed fiscal years. Its solvency ranks better than 92% of 1913 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability37▼-26
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65,000 at 30 days acceptable
Liquidity ample (current ratio 9.72 against 9.8 in 2024; short-term debt: 10.3% and cash: 40.8% of total assets), and 10.3% of the assets are financed with debt.
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Signals
Five 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 dateAge against the risk zone
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
89.7%
Return on assets
-0.1%
Age of the figures
9 mo
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
22 d early
2023
12 d early
2022
161 d late
2021
11 d early
2020
32 d early
2019
43 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 6 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, micro schema
In the rankings
#8 company by total assets in Hulshout, Manufacturing sector#8 company by equity in Hulshout, Manufacturing sector#8 oldest company in Hulshout, Manufacturing sector
Equity
€852,822▼ 0.1%
2024 · €853,533
Total assets
€950,573▼ 0.1%
2024 · €951,287
Net result
-€711
2024 · €96,732
Working capital
€852,822▼ 0.2%
2024 · €854,223
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€90,820▼ 1.8%€33,476▼ 63.1%€278,751▲ 733%€138,137▼ 50.4%-€8,538
Net result€59,602▼ 4.8%€24,232▼ 59.3%€185,719▲ 666%€96,732▼ 47.9%-€711
Equity€546,849▲ 12.2%€571,082▲ 4.4%€756,801▲ 32.5%€853,533▲ 12.8%€852,822▼ 0.1%
Total assets€645,718▲ 12.5%€676,742▲ 4.8%€936,953▲ 38.5%€951,287▲ 1.5%€950,573▼ 0.1%
Debt€98,869▲ 14.1%€105,660▲ 6.9%€180,152▲ 70.5%€97,754▼ 45.7%€97,752=
Working capital€545,627▲ 12.9%€570,173▲ 4.5%€761,506▲ 33.6%€854,223▲ 12.2%€852,822▼ 0.2%
Staff (FTE)2=1.6▼ 20.0%1.1▼ 31.3%0.3▼ 72.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2023 Net result +666% on 2022. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €8,538 after €138,137 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €950,573
Equity
€852,822 ▼ 0.1%
Debt
€97,752 =
Debt's share of the balance-sheet total stays at 10.3%.
Key figures and ratios
Current ratio
9.72▼
2024 · 9.80
Debt to equity
0.11▲
2024 · 0.11
ROE
-0.1%▼
2024 · 11.3%
ROA
-0.1%▼
2024 · 10.2%
Debt ≤ 1 year
€97,752▲
2024 · €97,064
Income taxes
€0▼
2024 · €51,979
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,594 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.2%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.7% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.6% |
| 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 74% 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 8,594 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €78,163 | €57,594 | €50,115 | €13,242 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,897 | €314 | €314 | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €10,625 | - | €10 | - |
| Other operating charges640/8 | €427 | €835 | €2,414 | €47,963 | €328 | ▼ 99.3% |
| Gross operating margin9900 | €172,307 | €92,220 | €342,219 | €199,341 | -€8,200 | ▼ 104% |
| Operating profit (loss)9901 | €90,820 | €33,476 | €278,751 | €138,137 | -€8,538 | ▼ 106% |
| Financial income75/76B | €431 | €964 | €2,353 | €10,634 | €11,454 | ▲ 7.7% |
| Recurring financial income75 | €431 | €964 | €2,353 | €10,634 | €11,454 | ▲ 7.7% |
| Financial charges65/66B | €2,654 | €73 | €3,899 | €60 | €3,628 | ▲ 5,964% |
| Recurring financial charges65 | €2,654 | €73 | €3,899 | €60 | €3,628 | ▲ 5,964% |
| Profit (loss) for the period before taxes9903 | €88,597 | €34,368 | €277,205 | €148,711 | -€711 | ▼ 100% |
| Income taxes67/77 | €28,995 | €10,136 | €91,486 | €51,979 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €59,602 | €24,232 | €185,719 | €96,732 | -€711 | ▼ 101% |
| Profit (loss) for the period to be appropriated9905 | €59,602 | €24,232 | €185,719 | €96,732 | -€711 | ▼ 101% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €645,718 | €676,742 | €936,953 | €951,287 | €950,573 | ▼ 0.1% |
| Fixed assets21/28 | €1,223 | €909 | €595 | - | - | - |
| Tangible fixed assets22/27 | €628 | €314 | €0 | - | - | - |
| Plant, machinery and equipment23 | €628 | €314 | €0 | - | - | - |
| Furniture and vehicles24 | - | - | €0 | - | - | - |
| Financial fixed assets28 | €595 | €595 | €595 | - | - | - |
| Current assets29/58 | €644,496 | €675,833 | €936,358 | €951,287 | €950,573 | ▼ 0.1% |
| Stocks and contracts in progress3 | €2,977 | €2,977 | €14,997 | - | - | - |
| Stocks30/36 | €2,977 | €2,977 | €14,997 | - | - | - |
| Amounts receivable within one year40/41 | €174,564 | €220,252 | €217,994 | €224,426 | €68,158 | ▼ 69.6% |
| Trade receivables40 | €156,136 | €205,241 | €206,694 | €219,971 | €64,741 | ▼ 70.6% |
| Other amounts receivable41 | €18,429 | €15,010 | €11,300 | €4,455 | €3,417 | ▼ 23.3% |
| Current investments50/53 | - | - | - | - | €494,685 | - |
| Cash at bank and in hand54/58 | €465,263 | €452,604 | €701,562 | €725,996 | €387,730 | ▼ 46.6% |
| Deferred charges and accrued income490/1 | €1,691 | - | €1,805 | €864 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €645,718 | €676,742 | €936,953 | €951,287 | €950,573 | ▼ 0.1% |
| Equity10/15 | €546,849 | €571,082 | €756,801 | €853,533 | €852,822 | ▼ 0.1% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €520,360 | €544,360 | €738,201 | €834,933 | €834,222 | ▼ 0.1% |
| Non-distributable reserves130/1 | €34,260 | €34,260 | €34,260 | €34,260 | €34,260 | = |
| Reserves not available under the articles1311 | €34,260 | €34,260 | €34,260 | €34,260 | €34,260 | = |
| Distributable reserves133 | €486,100 | €510,100 | €703,941 | €800,673 | €799,962 | ▼ 0.1% |
| Profit (loss) carried forward14 | €7,889 | €8,122 | - | - | - | - |
| Amounts payable17/49 | €98,869 | €105,660 | €180,152 | €97,754 | €97,752 | = |
| Amounts payable within one year42/48 | €98,869 | €105,660 | €174,852 | €97,064 | €97,752 | ▲ 0.7% |
| Trade debts44 | €16,131 | €6,969 | €9,210 | €585 | €1,707 | ▲ 192% |
| Suppliers440/4 | €16,131 | €6,969 | €9,210 | €585 | €1,707 | ▲ 192% |
| Taxes, remuneration and social security45 | €791 | €3,086 | €69,889 | €1,215 | €468 | ▼ 61.5% |
| Taxes450/3 | €776 | - | €63,333 | €241 | €468 | ▲ 93.9% |
| Remuneration and social security454/9 | €15 | €3,086 | €6,556 | €973 | - | - |
| Other amounts payable47/48 | €81,948 | €95,605 | €95,753 | €95,264 | €95,576 | ▲ 0.3% |
| Accrued charges and deferred income492/3 | - | - | €5,300 | €690 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €59,602 | €24,232 | €185,719 | €96,732 | -€711 | ▼ 101% |
| + Depreciation and write-downs630 | €2,897 | €314 | €314 | - | - | - |
| Operating cash flow (approximation) | €62,499 | €24,546 | €186,033 | €96,732 | -€711 | ▼ 101% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
| Change in cash | - | -€12,659 | €248,958 | €24,434 | -€338,266 | ▼ 1,484% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€711
Net result drops to -€711, the lowest in the series.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
08-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 161 days late
2023
31-12
Financial
Highest result since 2018net €185,719 ▲666%
Operating result €278,751, net result €185,719, both a record.
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €500,000Eq €546,849 ▲12.2%
4 profitable years in a row build equity to €546,849.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Hulshout · 2 establishment units since 1998
Ground area
2,521 m²
Building footprint
338 m²
Volume, LiDAR
1,632 m³
2 parcels, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
ALMECO
since 19982.067.537.182
Almeco Construct
since 20052.147.403.519
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13050B0323/00M000 | Flanders | 1,417 m² | 1 · 176 m² | 6.7 m · 2 fl. |
| 13050B0323/00D000 | Flanders | 1,104 m² | 1 · 162 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
699400QPUTYF0L7VYV95
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Of 980 companies in sector 25401 we hold annual accounts for 407. 258 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-06-1994
Fiscal year end31-12
Activities, NACEBEL 2025
25401Forging of metal
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0452992770
Registered
14-04-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.