ALOPAP
ActiveFinancials · financial year 2026, micro format
Annual accounts 2026 filed on 20-10-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2026 is a loss of €4,995, after a profit of €26,829 in 2025.
Turnover and EBIT margin are not published. The micro format does not require them.
Investments
| Item | 31-03-2025 | 31-03-2026 |
|---|---|---|
| Financial fixed assets | - | €0 |
| Depreciation and write-downs of the year | €478 | €470 |
Source: notes to the 2025 to 2026 annual accounts (statement of fixed assets)
| Line | 2025 | 2026 | Change |
|---|---|---|---|
| Non-recurring operating income76A | €2,209 | €79 | ▼ 96.4% |
| Remuneration, social security and pensions62 | - | €250 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €478 | €470 | ▼ 1.6% |
| Other operating charges640/8 | €1,194 | €922 | ▼ 22.8% |
| Non-recurring operating charges66A | €1,574 | €0 | ▼ 100% |
| Gross operating margin9900 | €30,074 | -€3,352 | - |
| Operating profit (loss)9901 | €26,829 | -€4,995 | - |
| Financial income75/76B | €14,110 | €130 | ▼ 99.1% |
| Recurring financial income75 | €14,110 | €130 | ▼ 99.1% |
| Financial charges65/66B | €6,598 | €4,341 | ▼ 34.2% |
| Recurring financial charges65 | €6,598 | €4,341 | ▼ 34.2% |
| Profit (loss) for the period before taxes9903 | €34,341 | -€9,205 | - |
| Income taxes67/77 | €10,279 | €496 | ▼ 95.2% |
| Profit (loss) for the period9904 | €24,063 | -€9,702 | - |
| Profit (loss) for the period to be appropriated9905 | €24,063 | -€9,702 | - |
| Line | 2025 | 2026 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €530,576 | €494,011 | ▼ 6.9% |
| Fixed assets21/28 | €117,514 | €117,044 | ▼ 0.4% |
| Tangible fixed assets22/27 | €117,499 | €117,029 | ▼ 0.4% |
| Furniture and vehicles24 | €470 | €0 | ▼ 100% |
| Assets under construction and advance payments27 | €117,029 | €117,029 | = |
| Financial fixed assets28 | €15 | €15 | = |
| Current assets29/58 | €413,062 | €376,967 | ▼ 8.7% |
| Amounts receivable within one year40/41 | €347,869 | €324,596 | ▼ 6.7% |
| Trade receivables40 | €33,081 | €2,116 | ▼ 93.6% |
| Other amounts receivable41 | €314,788 | €322,480 | ▲ 2.4% |
| Cash at bank and in hand54/58 | €31,298 | €29,489 | ▼ 5.8% |
| Deferred charges and accrued income490/1 | €33,895 | €22,882 | ▼ 32.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €530,576 | €494,011 | ▼ 6.9% |
| Equity10/15 | €488,103 | €479,158 | ▼ 1.8% |
| Contributions10/11 | €24,000 | €24,000 | = |
| Reserves13 | €26,400 | €18,900 | ▼ 28.4% |
| Non-distributable reserves130/1 | €0 | - | - |
| Reserves not available under the articles1311 | €0 | - | - |
| Distributable reserves133 | €26,400 | €18,900 | ▼ 28.4% |
| Profit (loss) carried forward14 | €437,703 | €436,258 | ▼ 0.3% |
| Amounts payable17/49 | €42,473 | €14,852 | ▼ 65.0% |
| Amounts payable within one year42/48 | €42,473 | €14,852 | ▼ 65.0% |
| Financial debts43 | €152 | €190 | ▲ 25.0% |
| Credit institutions430/8 | €152 | - | - |
| Other loans439 | - | €190 | - |
| Trade debts44 | €22,986 | €9,863 | ▼ 57.1% |
| Suppliers440/4 | €22,986 | €9,863 | ▼ 57.1% |
| Taxes, remuneration and social security45 | €19,335 | €4,799 | ▼ 75.2% |
| Taxes450/3 | €18,811 | €4,275 | ▼ 77.3% |
| Remuneration and social security454/9 | €524 | €524 | = |
| Line | 2025 | 2026 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €24,063 | -€9,702 | - |
| + Depreciation and write-downs630 | €478 | €470 | ▼ 1.6% |
| Operating cash flow (approximation) | €24,540 | -€9,231 | - |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€1,809 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 480 companies had the same profile as ALOPAP has now. Two years later, 95.8% were still going and 0.8% had gone bankrupt.
- Small
- 2 to 5 years old
- solvency 30% or more
- a small loss
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ALOPAP itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,446 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 480 companies, not a prediction for ALOPAP. 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.