Equity
€284,891 ▲ 7.4%
ALRU CONSTRUCT has made a profit in every financial year since 2020.
ALRU CONSTRUCT
Lifetime
6 annual accounts with figures on one time axispeak €554,923 (2021)
€65,838▼ 70.8%
peak €174,488 (2021)
€19,689▲ 53×
peak €284,891 (2025)
€284,891▲ 7.4%
€126,165▼ 46.9%
peak 7.8 FTE (2022)
1.1 FTE▼ 67.6%
Board2 names since 2019
1 directorGandrin, Aleksandar
Documentsfilings and deeds
30-04-2026on the last day
2025abbreviated format
Gross margin from €225,232 to €65,838Result from €370 to €19,689Staff from 3.4 FTE to 1.1 FTEResignation: Gandrin, Aleksandar (director) 02-04Debts from €237,389 to €126,165Cash from €100,179 to €33,290
Key points
from the 2025 annual accountsChecked score
82
Excellent
Financially stronger than 53% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.1%
01-2025: 2.1%● unchanged vs 12-2024
02-2025: 2.2%▲ +0.1 percentage points vs 01-2025
03-2025: 2.3%▲ +0.1 percentage points vs 02-2025
04-2025: 2.4%▲ +0.1 percentage points vs 03-2025highest value
05-2025: 0.6%▼ -1.8 percentage points vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.6%● unchanged vs 06-2025
08-2025: 0.6%● unchanged vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.7%▲ +0.1 percentage points vs 03-2026
05-2026: 0.6%▼ -0.1 percentage points vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 0.6%● unchanged vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026
10-2026: 0.6%● unchanged vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
Founded in 2019
lowers risk
Figures for financial year 2025 (filed on 30-04-2026)
Equity €284,891 (69.3% of total assets)
Calculation
The band follows from the bankruptcy probability. 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 43, micro). It does better than 75% of them on solvency, 39% on liquidity, 48% on profitability and 51% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 5,047 companies had the same profile as ALRU CONSTRUCT has now. Each dot stands for 13 companies, two years later.
94.0%
were still trading
3.8%
stopped another way
2.2%
went bankrupt
That fits the bankruptcy probability of ALRU CONSTRUCT itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,447 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 5,047 companies, not a prediction for ALRU CONSTRUCT. 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.
Credit verdict
Credit of up to €23,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.75 (2.22 in 2024), above the usual 1.5. Short-term debt is 30.4% and cash 8.1% of total assets. 30.7% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
7 days early
2022
193 days late
2021
31 days late
2020
1 day early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 36 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 30 April (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end10-11-2026 today30-04-2027 deadline
Recent changes
Resignation: Gandrin, Aleksandar (director)
Reappointment: Gandrin, Aleksandar (director) · “Het uitvoeren van alle mogelijke aannemingswerken in verband met bekisting; alle bekistingswerken in het…” (deed in Dutch) · Director discharge: Gandrin, Aleksandar · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0721451455
Incorporation
Founders: Gandrin, Aleksandar; Gandrin, Rumen · Founding capital of €18,600, 6,200 shares, €6,200 paid up · Appointments: Gandrin, Aleksandar (manager) and Gandrin, Rumen (manager) · published on 26-02-2019 · Gazette deed
First establishment
Slabbaardstraat-Noord 65, Izegem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ALRU CONSTRUCT Izegem | €411,056 | €65,838 | 69.3% | 1.1 |
| CARRO CHAPE DESIGN Manage | €379,207 | €70,831 | 33.2% | 1.1 |
| DCC Gistel | €188,167 | €134,055 | 16.2% | 1.5 |
| RABAEY DIRK BETONVLOEREN Veurne | €522,273 | €218,999 | 15.3% | 1 |
| Louis Geysen Essen | €623,750 | €90,926 | 63.8% | 0 |
| KLEVERS Roosdaal | €337,600 | €86,759 | 27.3% | - |
| HG Vloerisolatie Houthalen-Helchteren | €783,769 | €242,599 | 56.7% | 1 |
These companies have the same main activity as ALRU CONSTRUCT: screed work (NACE 43422). They are comparable in size and age: total assets between €188,000 and €784,000, founded between 2014 and 2018.
Official details
Source: KBO- Status
- Active since 22-02-2019Normal situation
- Activity
- Screed workNACE 43422and 3 others
- Joint committees
- 124Construction
- 200Auxiliary committee for white-collar workers · annual accounts 30-09-2025
- Establishment unit
- 2.286.107.0848870 Izegem, since 22-02-2019
- Financial year end
- 30 September
- Peppol
- Reachable since 31-10-2023
Annual accounts to 30-09-2025
- ≈ €280,000estimated
- €411,056▼ 36.5%
- Filing
- Filed on 30-04-2026, on the last day of the filing period
Insights on ALRU CONSTRUCT
ALRU CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin fell from €215,551 in 2020 to €65,838 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.
Key facts about ALRU CONSTRUCT
- What is the company number of ALRU CONSTRUCT?
- The company number of ALRU CONSTRUCT is 0721.451.455. The VAT number is the same number with BE in front: BE 0721.451.455.
- Where is ALRU CONSTRUCT based?
- The registered office is at Slabbaardstraat-Noord 65, 8870 Izegem.Company details
- What does ALRU CONSTRUCT do?
- According to the KBO register, the main activity is screed work (NACE 43422).
- What is the legal form of ALRU CONSTRUCT?
- ALRU CONSTRUCT is a private limited company (BV).
- When was ALRU CONSTRUCT founded?
- ALRU CONSTRUCT was founded on 22-02-2019.
- Is ALRU CONSTRUCT still active?
- Yes, ALRU CONSTRUCT is an active enterprise in the KBO register.
- How many employees does ALRU CONSTRUCT have?
- ALRU CONSTRUCT had an average of 1.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ALRU CONSTRUCT fall under?
- In its 30-09-2025 annual accounts, ALRU CONSTRUCT states joint committees 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of ALRU CONSTRUCT?
- The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €65,838 and 30 comparable companies (NACE 434). It probably lies between €180,000 and €380,000.
- Is ALRU CONSTRUCT profitable?
- In financial year 2025, ALRU CONSTRUCT made a profit of €19,689.
- Where can I find the annual accounts of ALRU CONSTRUCT?
- ALRU CONSTRUCT filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ALRU CONSTRUCT due?
- ALRU CONSTRUCT must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.