ALPECO
BankruptcyThe KBO register records for ALPECO the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2012 annual accounts show equity of €269k and a net result of €-299k.
Signals
Two signals.
+raises risk○neutral
Financials · fiscal year 2012, abbreviated schema
Equity
€269k▼ 52.6%
2011 · €568k
2008: €537k
2009: €543k
2010: €553k
2011: €568k
2008 → 2012
Total assets
€7.05M▲ 13.4%
2011 · €6.22M
2008: €4.70M
2009: €6.44M
2010: €7.07M
2011: €6.22M
2008 → 2012
Net result
€-299k
2011 · €15k
2008: €79k
2009: €6k
2010: €10k
2011: €15k
2008 → 2012
Working capital
€689k▼ 29.3%
2011 · €974k
2008: €185k
2009: €617k
2010: €974k
2011: €974k
2008 → 2012
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20082009201020112012Trend
Equity€537k-€543k▲ 1.2%€553k▲ 1.8%€568k▲ 2.7%€269k▼ 52.6%
Operating result€126k-€96k▼ 24.1%€67k▼ 30.7%€83k▲ 24.7%€-282k
Net result€79k-€6k▼ 91.9%€10k▲ 53.1%€15k▲ 50.2%€-299k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2012: a loss of €282k after €83k in 2011, the lowest result in the available series.
Balance-sheet composition
2012 in colour, 2011 as the grey bar beneath
Assets €7.05M
Fixed assets
€980k▼ 1.4%
Current assets
€6.07M▲ 16.2%
Equity and liabilities €7.05M
Equity
€269k▼ 52.6%
Debt
€6.79M▲ 20.1%
The debt ratio rises from 90.9% to 96.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-218k▼
2011 · €151k
Cash flow
€-235k▼
2011 · €83k
Solvency
3.8%▼
2011 · 9.1%
Current ratio
1.13▼
2011 · 1.23
Quick ratio
0.25▲
2011 · 0.15
Debt / equity
5.20▲
2011 · 2.47
ROE
-110.9%▼
2011 · 2.6%
ROA
-4.2%▼
2011 · 0.2%
Debt
€6.79M▲
2011 · €5.65M
Debt ≤ 1 year
€5.39M▲
2011 · €4.25M
Debt > 1 year
€1.40M=
2011 · €1.40M
Income taxes
€-30k▼
2011 · €-5k
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 · 2012 against 2011
Balance sheet
Code20112012
Assets
Total assets20/58€6.22M€7.05M▲
Fixed assets21/28€993k€980k▼
Tangible fixed assets22/27€464k€448k▼
Financial fixed assets28€530k€532k▲
Current assets29/58€5.23M€6.07M▲
Stocks and contracts in progress3€4.58M€4.73M▲
Amounts receivable within one year40/41€308k€964k▲
Current investments50/53€54€54=
Cash at bank and in hand54/58€340k€376k▲
Equity and liabilities
Total equity and liabilities10/49€6.22M€7.05M▲
Equity10/15€568k€269k▼
Contributions10/11€74k€74k=
Reserves13€37k€37k=
Profit (loss) carried forward14€456k€158k▼
Amounts payable17/49€5.65M€6.79M▲
Amounts payable after more than one year17€1.40M€1.40M=
Amounts payable within one year42/48€4.25M€5.39M▲
Trade debts44€3.01M€4.16M▲
Income statement
Code20112012
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€68k€64k▼
Gross operating margin9900€549k€92k▼
Operating profit (loss)9901€83k€-282k▼
Recurring financial income75€1k€675▼
Recurring financial charges65€55k€45k▼
Profit (loss) for the period before taxes9903€10k€-329k▼
Income taxes67/77€-5k€-30k▼
Profit (loss) for the period9904€15k€-299k▼
Profit (loss) for the period to be appropriated9905€15k€-299k▼
Timeline · acts, filings and financial milestones
2013
26-11
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 330 days late
20-02
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 417 days late
2012
31-05
Financial
Weakest financial yearnet €-299k ▼2125%
Net result drops to €-299k, the lowest in the series.
2011
29-12
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema · 363 days late
2010
14-09
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema · 257 days late
2009
26-08
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema · 238 days late
2008
08-10
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema · 282 days late
2006
28-08
NBB filing
Annual accounts filed
fiscal year 2005 · abbreviated schema · 240 days late
10-08
NBB filing
Annual accounts filed
fiscal year 2004 · abbreviated schema · 587 days late
2004
21-04
NBB filing
Annual accounts filed
fiscal year 2003 · abbreviated schema · 112 days late
21-04
NBB filing
Annual accounts filed
fiscal year 2002 · abbreviated schema · 477 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Kapellen · 1 establishment unit since 1995
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.
Starrenhoflaan 92950 KapellenGround area
3,830 m²
Building footprint
494 m²
Volume, LiDAR
1,712 m³
Parcel 11023C0181/00T000, Flanders · tallest building 4.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ALPECO FIREWORKS
since 19952.071.453.212
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11023C0181/00T000 | Flanders | 3,830 m² | 1 · 494 m² | 4.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
VAN HELDEN RELATIEGESCHENKEN
BE 0437.987.266
Oud-Turnhout · Eq €269k
Corfectie
BE 0425.358.955
Oostende · Eq €270k
POLYESTER VAN DAMME
BE 0884.038.105
Grâce-Hollogne · Eq €267k
UN MESSAGE DE VIE/RELIGIE REGINA
BE 0887.136.363
Tongeren-Borgloon · Eq €272k
MOLS LITO
BE 0548.728.208
Mol · Eq €273k
Of 1,170 companies in sector 46499 we hold annual accounts for 743. 559 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded06-04-1995
Fiscal year end31-05
Activities, NACEBEL
46499Wholesale of other household goods
51478
46492Wholesale trade
51475
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.