ALPAJURO
ActiveThe computed 12-month bankruptcy probability of ALPAJURO is 3.1% (moderate). The 2024 annual accounts show equity of €126k and a net result of €-56k. Equity is shrinking by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 59% of 1775 sector peers (fiscal year 2024). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
17
/ 100
Critical▼ -72 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-98
Solvency50▼-32
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.95 against 1.41 in 2023), and 67.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
32.6%
Return on assets
-14.4%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-10-2025, 88 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
88 d late
2023
76 d late
2022
28 d late
2021
31 d late
2020
90 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-56k
2023 · €36k
2018: €-44k
2019: €17k
2020: €15k
2021: €-7k
2022: €-21k
2023: €36k
2018 → 2024
Working capital
€-12k
2023 · €72k
2018: €127k
2019: €174k
2020: €202k
2021: €103k
2022: €81k
2023: €72k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€285k-€168k▼ 41.1%€146k▼ 12.7%€182k▲ 24.3%€126k▼ 30.6%
Operating result€14k-€-7k€-3k▲ 52.7%€46k€-51k
Net result€15k-€-7k€-21k▼ 207%€36k€-56k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €51k after €46k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €387k
Fixed assets
€138k▲ 17.1%
Current assets
€249k▲ 0.1%
Equity and liabilities €387k
Equity
€126k▼ 30.6%
Debt
€261k▲ 41.1%
The debt ratio rises from 50.4% to 67.4%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-22k▼
2023 · €68k
Cash flow
€-27k▼
2023 · €58k
Solvency
32.6%▼
2023 · 49.6%
Current ratio
0.95▼
2023 · 1.41
Quick ratio
0.83▼
2023 · 1.21
Debt / equity
2.07▲
2023 · 1.02
ROE
-44.1%▼
2023 · 19.5%
ROA
-14.4%▼
2023 · 9.7%
Interest coverage
-4.28▼
2023 · 10.42
Debt
€261k▲
2023 · €185k
Debt ≤ 1 year
€261k▲
2023 · €177k
Staff costs
€282k▼
2023 · €347k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€367k€387k▲
Fixed assets21/28€118k€138k▲
Tangible fixed assets22/27€117k€117k▲
Land and buildings22€9k€7k▼
Plant, machinery and equipment23€12k€10k▼
Furniture and vehicles24€33k€27k▼
Other tangible fixed assets26€63k€74k▲
Financial fixed assets28€1k€21k▲
Current assets29/58€249k€249k▲
Stocks and contracts in progress3€34k€32k▼
Stocks30/36€34k€32k▼
Amounts receivable within one year40/41€160k€191k▲
Trade receivables40€86k€124k▲
Other amounts receivable41€74k€67k▼
Current investments50/53€29k€9k▼
Cash at bank and in hand54/58€26k€16k▼
Equity and liabilities
Total equity and liabilities10/49€367k€387k▲
Equity10/15€182k€126k▼
Contributions10/11€12k€12k=
Reserves13€37k€37k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€36k€36k=
Profit (loss) carried forward14€132k€76k▼
Amounts payable17/49€185k€261k▲
Amounts payable within one year42/48€177k€261k▲
Trade debts44€63k€156k▲
Suppliers440/4€63k€156k▲
Taxes, remuneration and social security45€75k€72k▼
Taxes450/3€15k€23k▲
Remuneration and social security454/9€60k€49k▼
Other amounts payable47/48€39k€33k▼
Accrued charges and deferred income492/3€8k-
Income statement
Code20232024
Remuneration, social security and pensions62€347k€282k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€29k▲
Other operating charges640/8€1k€7k▲
Gross operating margin9900€417k€267k▼
Operating profit (loss)9901€46k€-51k▼
Financial income75/76B€155€371▲
Recurring financial income75€155€371▲
Financial charges65/66B€7k€5k▼
Recurring financial charges65€7k€5k▼
Profit (loss) for the period before taxes9903€39k€-56k▼
Income taxes67/77€4k-
Profit (loss) for the period9904€36k€-56k▼
Profit (loss) for the period to be appropriated9905€36k€-56k▼
Appropriation of the result
Profit (loss) to be appropriated9906€168k€76k▼
Profit (loss) brought forward from the previous period14P€132k€132k=
Transfer to equity691/2€36k-
To other reserves6921€36k-
Social balance
Average headcount (FTE)908710.08.2▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 88 days late
2024
31-12
Financial
Weakest financial yearnet €-56k ▼257%
Net result drops to €-56k, the lowest in the series.
15-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 76 days late
2023
31-12
Financial
Back to profitnet €36k
Net result €36k after 2 loss-making years.
31-12
Financial
Equity above €150kEq €182k ▲24.3%
Equity rises from €146k to €182k.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 28 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 90 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 19 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 42 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Elsene · 1 establishment unit since 2005
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Albert Leemansplein 101050 ElseneGround area
996 m²
Building footprint
562 m²
Volume, LiDAR
5,406 m³
2 parcels, Brussels · tallest building 22.6 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
OTAP
since 20052.240.243.011
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21007A0058/00B009 | Brussels | 793 m² | 1 · 399 m² | 14.7 m · 2 fl. |
| 21447B0255/00X002 | Brussels | 203 m² | 1 · 163 m² | 22.6 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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
Food safety, FASFC
1 siteVorst2.240.243.011
Similar companies · same sector, comparable size
Chemistry
BE 0729.830.176
Tessenderlo-Ham · Eq €126k
MERVEILLE CHANG
BE 0475.576.944
Thuin · Eq €126k
HIMANCHULI
BE 0756.780.340
Lille · Eq €126k
KOEKETINE
BE 0808.272.195
Dendermonde · Eq €126k
DE KLOK
BE 0881.581.629
Meise · Eq €126k
Of 20,232 companies in sector 56111 we hold annual accounts for 11,312. 9,196 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-10-2005
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.