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Alro FPC

Active
Private limited companyfounded 2021active for 5 yearsKruishoefstraat 52, 3650 Dilsen-Stokkem, BelgiumKBO/BCE: BE 0767.776.180

The file of Alro FPC contains 3 judicial reorganisation notices, as published in the Belgian Official Gazette.

Summary

The computed 12-month bankruptcy probability is 10.0% (high). The 2025 annual accounts show negative equity (-€2.1m) and a net result of €360,344. Equity is shrinking by about 34% per year across the filed financial years. Its solvency ranks better than 5% of 1,220 sector peers (NACE 25, financial year 2025).

Overview

Activity
Coating of metals
NACE 25510
1 site
Size
€1.6mtotal assets 2025
Equity
-€2.1m
Profit
€360,344
Financial health
32 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
10.0%
Structure
Parent
ALRO HOLDINGS · 100%
Auditor: Ernst et Young Reviseurs d'EntreprisesAccounts filed 59 days late2 of 4 deeds read
Why 32raises riskReorganisation plan being carried out (approved, Gazette 03-07-2025)Latest accounts 59 days late; 1 of the last 3 lateNegative equity -€2.1mlowers riskSize: total assets €1.6mShow the evidence

Checked score

Score 2025
32 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 39% of its sector peers (NACE 25, micro)
Financial strength · tick = 2024
Weak
Solvency 0=
equity -133.3% of total assets
Liquidity 57+21
short-term debt 24.0% · cash 12.8%
Profitability 64+52
return on assets 22.7%
Bankruptcy probability, 12 months
10.0% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,700 companies, NACE 25, micro)
Last 24 months 11-2024: 1.2%lowest value 12-2024: 1.2%● unchanged vs 11-2024lowest value 08-2025: 14.6%highest value 09-2025: 14.6%● unchanged vs 08-2025highest value 10-2025: 14.6%● unchanged vs 09-2025highest value 11-2025: 14.6%● unchanged vs 10-2025highest value 12-2025: 14.6%● unchanged vs 11-2025highest value 01-2026: 14.6%● unchanged vs 12-2025highest value 02-2026: 14.6%● unchanged vs 01-2026highest value 03-2026: 14.6%● unchanged vs 02-2026highest value 04-2026: 14.6%● unchanged vs 03-2026highest value 05-2026: 14.6%● unchanged vs 04-2026highest value 06-2026: 14.6%● unchanged vs 05-2026highest value 07-2026: 14.6%● unchanged vs 06-2026highest value 08-2026: 10.0%▼ -4.6 percentage points vs 07-2026 09-2026: 10.0%● unchanged vs 08-2026 10-2026: 10.0%● unchanged vs 09-2026
No credit on open account
Liquidity tight (current ratio 1.32, compared with 0.62 in 2024, below the usual 1.5; short-term debt: 24% and cash: 12.8% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, micro): better than 3% on solvency, 56% on liquidity, 30% on profitability and 65% on growth.

The bankruptcy probability was computed on 14-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Reorganisation plan being carried out (approved, Gazette 03-07-2025)
While the plan runs, the probability is at least 10.0%: the measured failure rate of plans of that age.
Belgian Official Gazette
lowers risk · Size: total assets €1.6m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Latest accounts 59 days late; 1 of the last 3 late
NBB · filings
raises risk · Negative equity -€2.1m
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 1220 sector peers (2025).
NBB · sector comparison
Position among 1220 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-09-2026, 59 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filings
Deviation from the deadline
2025
59 days late
2024
23 days early
2023
6 days early
2022
39 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 2 days before the deadline; the sector median (NACE 25) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 July (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
15-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Resignation: ALRO INTERNATIONAL NV (director)Permanent representatives: Nick Medaer and…
  3. Back to profitnet €360,344

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€2.1m View
  • Caution: Among the weakest 5% on solvencysector median 46.6% · 1,220 companies -133.3% View
  • Positive: Back in profit in 2025after -€799,143 in 2024 €360,344 View
  • Caution: Board changedlatest change 02-01-2026 · 1 in office 1 joined · 1 left View
  • Controlled by ALRO HOLDINGSultimately: Gimv 100% View

By topic

Financials

Financial year
2025
Total assets
€1.6m
Profit
€360,344
Solvency
-133.3%
Turnover▼ 13.5%
Net result
20222024
Go to Financials

Board & ownership

Board
1 member
Parent
ALRO HOLDINGS · 100%
Auditor
Ernst et Young Reviseurs…
  • ALRO HOLDINGSDirector
Go to Board & ownership

Timeline

Events
12
Since
2023
Next accounts
by 31-07-2027
  1. 31-12-2025Liquidity more than doubled
  2. 01-12-2025Reappointment: EY BEDRIJFSREVISOREN (statutory auditor)
  3. 08-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Coating of metalsNACE 25510
Founded
03-05-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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