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Almeco Construct LW

Active
Private limited companyfounded 20242 yrs activeHaterbeekweg(RAM) 1 A, 2230 Herselt, BelgiumKBO/BCE: BE 1008.633.021
Summary

The computed 12-month bankruptcy probability of Almeco Construct LW is 2.0% (moderate). The 2025 annual accounts show equity of €23,008 and a net result of €3,532. Its solvency ranks better than 21% of 2059 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Financials · fiscal year 2025, micro schema

Equity
€23,008▲ 18.1%
2024 · €19,476
Total assets
€139,703▲ 7.2%
2024 · €130,357
Net result
€3,532
2024 · -€30,524
Working capital
€8,312
2024 · -€2,529
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result-€30,433-€6,128
Net result-€30,524below the sector's middle half-€3,532within the sector's middle half
Equity€19,476below the sector's middle half-€23,008below the sector's middle half▲ 18.1%
Total assets€130,357within the sector's middle half-€139,703within the sector's middle half▲ 7.2%
Debt€110,881-€116,695▲ 5.2%
Working capital-€2,529below the sector's middle half-€8,312within the sector's middle half
Solvency14.9%below the sector's middle half-16.5%below the sector's middle half▲ 1.5pp
Current ratio0.98below the sector's middle half-1.08within the sector's middle half▲ 0.10
Return on assets (ROA)-23.4%below the sector's middle half-2.5%within the sector's middle half▲ 25.9pp
Staff (FTE)0.7-1.3▲ 85.7%
above within below the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€30,000-€20,000-€10,000€0€10,000Operating result 2024: -€30,433-€30,433Net result 2024: -€30,524-€30,524Operating result 2025: €6,128€6,128Net result 2025: €3,532€3,53220242025-€40,000-€30,000-€20,000-€10,000€0€10,000Operating result 2024: -€30,433-€30,400Net result 2024: -€30,524-€30,500Operating result 2025: €6,128€6,130Net result 2025: €3,532€3,53020242025
The operating result returns to profit in 2025: €6,128 after a loss of €30,433 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €139,703
Fixed assets €26,951 ▲ 22.5%
Current assets €112,752 ▲ 4.1%
Equity and liabilities €139,703
Equity €23,008 ▲ 18.1%
Debt €116,695 ▲ 5.2%
Debt's share of the balance-sheet total falls from 85.1% to 83.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€11,433▲
2024 · -€28,334
Cash flow
€8,836▲
2024 · -€28,425
Quick ratio
0.20▼
2024 · 0.41
Debt to equity
5.07▼
2024 · 5.69
ROE
15.3%▲
2024 · -156.7%
Interest coverage
4.38▲
2024 · -313.57
Debt ≤ 1 year
€104,440▼
2024 · €110,881
Debt > 1 year
€12,255
Staff costs
€81,593▲
2024 · €44,520
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,542 companies that looked in July 2024 the way this one looks now, 3.5% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
3.5% went bankrupt
1.2% stopped otherwise
95% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,366 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% 1.0%
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% 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 2,542 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 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€130,357€139,703▲
Fixed assets21/28€22,005€26,951▲
Tangible fixed assets22/27€19,305€24,251▲
Plant, machinery and equipment23€6,169€6,159▼
Furniture and vehicles24€13,136€18,092▲
Financial fixed assets28€2,700€2,700=
Current assets29/58€108,352€112,752▲
Stocks and contracts in progress3€63,178€91,667▲
Stocks30/36€32,778€56,407▲
Contracts in progress37€30,400€35,260▲
Amounts receivable within one year40/41€33,192€20,668▼
Trade receivables40€32,994€15,734▼
Other amounts receivable41€198€4,934▲
Cash at bank and in hand54/58€11,427-
Deferred charges and accrued income490/1€555€418▼
Equity and liabilities
Total equity and liabilities10/49€130,357€139,703▲
Equity10/15€19,476€23,008▲
Contributions10/11€50,000€50,000=
Profit (loss) carried forward14-€30,524-€26,992▲
Amounts payable17/49€110,881€116,695▲
Amounts payable after more than one year17-€12,255
Financial debts170/4-€12,255
Amounts payable within one year42/48€110,881€104,440▼
Current portion of amounts payable after more than one year42-€9,410
Financial debts43-€5,030
Credit institutions430/8-€5,030
Trade debts44€47,592€22,641▼
Suppliers440/4€47,592€22,641▼
Taxes, remuneration and social security45€4,656€3,911▼
Taxes450/3€1,512-
Remuneration and social security454/9€3,143€3,911▲
Other amounts payable47/48€58,634€63,449▲
Income statement Code20242025
Remuneration, social security and pensions62€44,520€81,593▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,099€5,304▲
Other operating charges640/8€643€1,131▲
Gross operating margin9900€16,829€94,157▲
Operating profit (loss)9901-€30,433€6,128▲
Financial income75/76B-€14
Recurring financial income75-€14
Financial charges65/66B€90€2,611▲
Recurring financial charges65€90€2,611▲
Profit (loss) for the period before taxes9903-€30,524€3,532▲
Profit (loss) for the period9904-€30,524€3,532▲
Profit (loss) for the period to be appropriated9905-€30,524€3,532▲
Appropriation of the result
Profit (loss) to be appropriated9906-€30,524-€26,992▲
Profit (loss) brought forward from the previous period14P--€30,524

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Remuneration, social security and pensions62€44,520€81,593▲ 83.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,099€5,304▲ 153%
Other operating charges640/8€643€1,131▲ 75.9%
Gross operating margin9900€16,829€94,157▲ 460%
Operating profit (loss)9901-€30,433€6,128▲ 120%
Financial income75/76B-€14-
Recurring financial income75-€14-
Financial charges65/66B€90€2,611▲ 2,789%
Recurring financial charges65€90€2,611▲ 2,789%
Profit (loss) for the period before taxes9903-€30,524€3,532▲ 112%
Profit (loss) for the period9904-€30,524€3,532▲ 112%
Profit (loss) for the period to be appropriated9905-€30,524€3,532▲ 112%
Line20242025Change
Assets
Total assets20/58€130,357€139,703▲ 7.2%
Fixed assets21/28€22,005€26,951▲ 22.5%
Tangible fixed assets22/27€19,305€24,251▲ 25.6%
Plant, machinery and equipment23€6,169€6,159▼ 0.2%
Furniture and vehicles24€13,136€18,092▲ 37.7%
Financial fixed assets28€2,700€2,700=
Current assets29/58€108,352€112,752▲ 4.1%
Stocks and contracts in progress3€63,178€91,667▲ 45.1%
Stocks30/36€32,778€56,407▲ 72.1%
Contracts in progress37€30,400€35,260▲ 16.0%
Amounts receivable within one year40/41€33,192€20,668▼ 37.7%
Trade receivables40€32,994€15,734▼ 52.3%
Other amounts receivable41€198€4,934▲ 2,398%
Cash at bank and in hand54/58€11,427--
Deferred charges and accrued income490/1€555€418▼ 24.7%
Equity and liabilities
Total equity and liabilities10/49€130,357€139,703▲ 7.2%
Equity10/15€19,476€23,008▲ 18.1%
Contributions10/11€50,000€50,000=
Profit (loss) carried forward14-€30,524-€26,992▲ 11.6%
Amounts payable17/49€110,881€116,695▲ 5.2%
Amounts payable after more than one year17-€12,255-
Financial debts170/4-€12,255-
Amounts payable within one year42/48€110,881€104,440▼ 5.8%
Current portion of amounts payable after more than one year42-€9,410-
Financial debts43-€5,030-
Credit institutions430/8-€5,030-
Trade debts44€47,592€22,641▼ 52.4%
Suppliers440/4€47,592€22,641▼ 52.4%
Taxes, remuneration and social security45€4,656€3,911▼ 16.0%
Taxes450/3€1,512--
Remuneration and social security454/9€3,143€3,911▲ 24.4%
Other amounts payable47/48€58,634€63,449▲ 8.2%
Line20242025Change
Profit (loss) for the period9904-€30,524€3,532▲ 112%
+ Depreciation and write-downs630€2,099€5,304▲ 153%
Operating cash flow (approximation)-€28,425€8,836▲ 131%
Investment in fixed assets (approximation)--€10,250-

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

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Subsidies and aid

Flemish government

2024 · 1 entry · €344 awarded · €270 paid
Year Entries awardedpaid
2024 1 €344€270
Schemes
1 entry · €344 · €270 paid · Fonds voor Innoveren en Ondernemen