ALRADE
ActiveSummary
ALRADE has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €148,548 and a net result of -€27,021. Equity is growing by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 37% of 9634 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability17▼-39
Solvency53▼-11
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity tight (current ratio 1.13 against 1.2 in 2023; short-term debt: 32.5% and cash: 7.9% of total assets), and 72.1% of the assets are financed with debt.
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Signals
Four 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
27.9%
Return on assets
-5.1%
Age of the figures
21 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
37 d early
2024
30 d early
2023
42 d early
2022
41 d early
2021
47 d early
2020
43 d early
2019
4 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 34 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 20 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€148,548▼ 15.4%
2023 · €175,568
Total assets
€532,314▲ 16.7%
2023 · €455,982
Net result
-€27,021
2023 · €16,033
Working capital
€22,803▼ 21.5%
2023 · €29,030
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€38,076▲ 331%€61,964▲ 62.7%€48,336▼ 22.0%€35,461▼ 26.6%-€10,789
Net result€17,281within the sector's middle half€33,020within the sector's middle half▲ 91.1%€23,127within the sector's middle half▼ 30.0%€16,033within the sector's middle half▼ 30.7%-€27,021below the sector's middle half
Equity€103,389within the sector's middle half▲ 20.1%€136,409within the sector's middle half▲ 31.9%€159,535within the sector's middle half▲ 17.0%€175,568within the sector's middle half▲ 10.0%€148,548within the sector's middle half▼ 15.4%
Total assets€475,596within the sector's middle half▲ 0.9%€482,066within the sector's middle half▲ 1.4%€453,647below the sector's middle half▼ 5.9%€455,982below the sector's middle half▲ 0.5%€532,314within the sector's middle half▲ 16.7%
Debt€372,207▼ 3.4%€345,658▼ 7.1%€294,111▼ 14.9%€280,414▼ 4.7%€383,766▲ 36.9%
Working capital€543below the sector's middle half€1,799below the sector's middle half▲ 231%€18,949within the sector's middle half▲ 953%€29,030within the sector's middle half▲ 53.2%€22,803within the sector's middle half▼ 21.5%
Solvency21.7%within the sector's middle half▲ 3.5pp28.3%within the sector's middle half▲ 6.6pp35.2%within the sector's middle half▲ 6.9pp38.5%within the sector's middle half▲ 3.3pp27.9%within the sector's middle half▼ 10.6pp
Current ratio1.00below the sector's middle half▲ 0.031.01below the sector's middle half▲ 0.011.13within the sector's middle half▲ 0.121.20within the sector's middle half▲ 0.071.13within the sector's middle half▼ 0.07
Return on assets (ROA)3.6%within the sector's middle half▲ 3.9pp6.8%within the sector's middle half▲ 3.2pp5.1%within the sector's middle half▼ 1.8pp3.5%within the sector's middle half▼ 1.6pp-5.1%below the sector's middle half▼ 8.6pp
Staff (FTE)5within the sector's middle half▲ 13.6%5.9within the sector's middle half▲ 18.0%5within the sector's middle half▼ 15.3%5.5within the sector's middle half▲ 10.0%5.9within the sector's middle half▲ 7.3%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €10,789 after €35,461 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €532,314
Fixed assets
€336,608 ▲ 20.0%
Current assets
€195,706 ▲ 11.5%
Equity and liabilities €532,314
Equity
€148,548 ▼ 15.4%
Debt
€383,766 ▲ 36.9%
Debt's share of the balance-sheet total rises from 61.5% to 72.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€8,244▼
2023 · €49,259
Cash flow
-€7,987▼
2023 · €29,831
Quick ratio
0.28▲
2023 · 0.24
Debt to equity
2.58▲
2023 · 1.60
ROE
-18.2%▼
2023 · 9.1%
Interest coverage
0.51▼
2023 · 3.92
Debt ≤ 1 year
€172,903▲
2023 · €146,532
Debt > 1 year
€210,863▲
2023 · €133,882
Income taxes
€283▼
2023 · €7,149
Staff costs
€196,030▲
2023 · €181,959
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,165 companies that looked in July 2024 the way this one looks now, 2.6% went bankrupt within 24 months and 94% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a small loss
2.6%
went bankrupt
3.0%
stopped otherwise
94%
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 1.0% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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 2,165 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €134,166 | €140,648 | €181,959 | €196,030 | ▲ 7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,567 | €13,361 | €13,622 | €13,798 | €19,033 | ▲ 37.9% |
| Other operating charges640/8 | - | €11,224 | €9,162 | €26,590 | €11,898 | ▼ 55.3% |
| Gross operating margin9900 | €198,039 | €220,715 | €211,769 | €257,808 | €216,172 | ▼ 16.2% |
| Operating profit (loss)9901 | €38,076 | €61,964 | €48,336 | €35,461 | -€10,789 | ▼ 130% |
| Financial income75/76B | - | €333 | - | €274 | €64 | ▼ 76.8% |
| Recurring financial income75 | €29 | €333 | - | €274 | €64 | ▼ 76.8% |
| Financial charges65/66B | - | €12,058 | €12,650 | €12,552 | €16,012 | ▲ 27.6% |
| Recurring financial charges65 | €13,533 | €12,058 | €12,650 | €12,552 | €16,012 | ▲ 27.6% |
| Profit (loss) for the period before taxes9903 | €24,571 | €50,239 | €35,686 | €23,182 | -€26,738 | ▼ 215% |
| Income taxes67/77 | €7,290 | €17,219 | €12,560 | €7,149 | €283 | ▼ 96.0% |
| Profit (loss) for the period9904 | €17,281 | €33,020 | €23,127 | €16,033 | -€27,021 | ▼ 269% |
| Profit (loss) for the period to be appropriated9905 | €17,281 | €33,020 | €23,127 | €16,033 | -€27,021 | ▼ 269% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €475,596 | €482,066 | €453,647 | €455,982 | €532,314 | ▲ 16.7% |
| Fixed assets21/28 | €313,054 | €300,831 | €287,209 | €280,420 | €336,608 | ▲ 20.0% |
| Tangible fixed assets22/27 | €312,629 | €300,406 | €286,784 | €279,995 | €336,183 | ▲ 20.1% |
| Land and buildings22 | - | €295,321 | €283,395 | €277,277 | €321,269 | ▲ 15.9% |
| Plant, machinery and equipment23 | - | €4,059 | €2,743 | €1,426 | €9,795 | ▲ 587% |
| Furniture and vehicles24 | - | €1,025 | €646 | €1,292 | €5,120 | ▲ 296% |
| Financial fixed assets28 | €425 | €425 | €425 | €425 | €425 | = |
| Current assets29/58 | €162,542 | €181,235 | €166,438 | €175,562 | €195,706 | ▲ 11.5% |
| Stocks and contracts in progress3 | €102,679 | €122,420 | €139,862 | €140,616 | €147,578 | ▲ 5.0% |
| Stocks30/36 | - | €122,420 | €139,862 | €140,616 | €147,578 | ▲ 5.0% |
| Amounts receivable within one year40/41 | €9,863 | €3,459 | €2,028 | €6,793 | €4,706 | ▼ 30.7% |
| Trade receivables40 | - | €545 | €1,980 | €6,556 | - | - |
| Other amounts receivable41 | - | €2,915 | €48 | €237 | €4,706 | ▲ 1,886% |
| Cash at bank and in hand54/58 | €50,001 | €55,356 | €24,547 | €28,153 | €42,109 | ▲ 49.6% |
| Deferred charges and accrued income490/1 | - | - | - | - | €1,312 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €475,596 | €482,066 | €453,647 | €455,982 | €532,314 | ▲ 16.7% |
| Equity10/15 | €103,389 | €136,409 | €159,535 | €175,568 | €148,548 | ▼ 15.4% |
| Contributions10/11 | - | €18,550 | €18,550 | €20,405 | €20,405 | = |
| Reserves13 | €86,269 | €119,289 | €142,415 | €156,593 | €156,593 | = |
| Non-distributable reserves130/1 | - | €1,855 | €1,855 | - | - | - |
| Reserves not available under the articles1311 | - | €1,855 | €1,855 | - | - | - |
| Distributable reserves133 | - | €117,434 | €140,560 | €156,593 | €156,593 | = |
| Profit (loss) carried forward14 | -€1,430 | -€1,430 | -€1,430 | -€1,430 | -€28,450 | ▼ 1,890% |
| Amounts payable17/49 | €372,207 | €345,658 | €294,111 | €280,414 | €383,766 | ▲ 36.9% |
| Amounts payable after more than one year17 | €210,208 | €166,221 | €146,622 | €133,882 | €210,863 | ▲ 57.5% |
| Financial debts170/4 | - | €166,221 | €146,622 | €133,882 | €210,863 | ▲ 57.5% |
| Amounts payable within one year42/48 | €161,999 | €179,436 | €147,489 | €146,532 | €172,903 | ▲ 18.0% |
| Current portion of amounts payable after more than one year42 | - | €43,987 | €29,599 | €24,240 | €38,534 | ▲ 59.0% |
| Trade debts44 | €92,944 | €92,835 | €94,868 | €91,208 | €99,057 | ▲ 8.6% |
| Suppliers440/4 | - | €92,835 | €94,868 | €91,208 | €99,057 | ▲ 8.6% |
| Taxes, remuneration and social security45 | - | €40,549 | €18,556 | €24,318 | €23,549 | ▼ 3.2% |
| Taxes450/3 | - | €16,551 | €11,142 | €12,723 | €12,446 | ▼ 2.2% |
| Remuneration and social security454/9 | - | €23,999 | €7,414 | €11,595 | €11,104 | ▼ 4.2% |
| Other amounts payable47/48 | - | €2,065 | €4,465 | €6,765 | €11,762 | ▲ 73.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17,281 | €33,020 | €23,127 | €16,033 | -€27,021 | ▼ 269% |
| + Depreciation and write-downs630 | €14,567 | €13,361 | €13,622 | €13,798 | €19,033 | ▲ 37.9% |
| Operating cash flow (approximation) | €31,848 | €46,381 | €36,749 | €29,831 | -€7,987 | ▼ 127% |
| Investment in fixed assets (approximation) | - | -€1,139 | €0 | -€7,009 | -€75,221 | ▼ 973% |
| Change in cash | - | €5,355 | -€30,808 | €3,606 | €13,956 | ▲ 287% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet -€27,021
Net result drops to -€27,021, the lowest in the series.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €150,000Eq €159,535 ▲17%
3 profitable years in a row build equity to €159,535.
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €33,020 ▲91.1%
Operating result €61,964, net result €33,020, both a record.
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €17,281
Net result €17,281 after one loss-making year.
31-12
Financial
Equity above €100,000Eq €103,389 ▲20.1%
Equity rises from €86,108 to €103,389.
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 4 days late
Show earlier events
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
21-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 52 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Gent · 1 establishment unit since 2015
Ground area
1,926 m²
Building footprint
89 m²
Volume, LiDAR
498 m³
2 parcels, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ALRADE
since 20152.239.497.002
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44816K0953/00D002 | Flanders | 1,168 m² | - | - |
| 44022A0049/00B002 | Flanders | 758 m² | 1 · 89 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 siteGent2.239.497.002
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BE 0476.899.312
Faimes · Eq €147,505
VAESEN DIERENVOEDER CENTRALE
BE 0829.925.961
Pelt · Eq €144,257
FOLIBOU
BE 0551.882.983
Perwez · Eq €143,212
PETSHOP
BE 0669.912.979
Hamme (Vl.) · Eq €155,246
Of 1,330 companies in sector 47762 we hold annual accounts for 479. 382 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-02-2015
Fiscal year end31-12
Activities, NACEBEL 2025
47762Retail sale of pets, pet food and pet supplies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0598759026
Also
9925:BE0598759026
Registered
19-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.