Equity
Equity fell by 98% in 1 year.
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Equity fell by 98% in 1 year.
The micro format states no turnover.
Short-term debts rose from €12,698 to €231,816.
The 2024 accounts came 8 days late. The other three were filed on time.
Lower solvency than 90% of companies in computer programming and consultancy. Sector median 60.0% · 21,217 companies.
In July 2024, 2,153 companies had the same profile as Alovar has now. Each dot stands for 6 companies, two years later.
The method was tested on the 497,448 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 2,153 companies, not a prediction for Alovar. 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.
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The scores and ratios are Checked's own calculations, not a credit decision.
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| Company | ||||
|---|---|---|---|---|
| Alovar Beveren-Kruibeke-Zwijndrecht | €234,816 | €65,830 | 1.3% | - |
| Fenisons Hasselt | €247,850 | €75,630 | 90.3% | - |
| CLIMB2TOP Blegny | €278,631 | €75,703 | 27.0% | - |
| ELISEC Lochristi | €205,417 | €81,668 | 74.6% | - |
| A3Roos Deinze | €283,111 | €93,093 | 96.6% | - |
| KACON Aalst | €179,036 | €56,492 | 60.1% | - |
| DPG Consulting Hamme (Vl.) | €229,872 | €67,487 | 93.6% | - |
These companies have the same main activity as Alovar: other information technology and computer services (NACE 62900). They are comparable in size and age: total assets between €179,000 and €283,000, founded between 2019 and 2022.
Alovar files the micro format. That format states no turnover. The gross margin fell from €94,626 in 2022 to €65,830 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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