ALRU CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of ALRU CONSTRUCT is 1.7% (moderate). The 2025 annual accounts show equity of €285k and a net result of €20k. Equity is growing by ~14.4% per year across the filed fiscal years. Its solvency ranks better than 78% of 7838 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability75▲+9
Solvency94▲+28
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 2.75 against 2.22 in 2024; short-term debt: 30.4% and cash: 8.1% of total assets), and 30.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
69.3%
Return on assets
4.8%
Age of the figures
12 mo
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 d early
2022
193 d late
2021
31 d late
2020
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€285k▲ 7.4%
2024 · €265k
2020: €21klowest in 6 years
2021: €195k▲ +833% vs 2020
2022: €198k▲ +1.6% vs 2021
2023: €265k▲ +33.4% vs 2022
2024: €265k▲ +0.1% vs 2023
2025: €285k▲ +7.4% vs 2024highest in 6 years
2020 → 2025
Total assets
€411k▼ 36.5%
2024 · €648k
2020: €152klowest in 6 years
2021: €547k▲ +259% vs 2020
2022: €740k▲ +35.3% vs 2021
2023: €789k▲ +6.7% vs 2022highest in 6 years
2024: €648k▼ -17.9% vs 2023
2025: €411k▼ -36.5% vs 2024
2020 → 2025
Net result
€20k▲ 5,228%
2024 · €370
2020: €2k
2021: €174k▲ +7361% vs 2020highest in 6 years
2022: €3k▼ -98.2% vs 2021
2023: €66k▲ +2060% vs 2022
2024: €370▼ -99.4% vs 2023lowest in 6 years
2025: €20k▲ +5228% vs 2024
2020 → 2025
Working capital
€219k▼ 24.6%
2024 · €290k
2020: €12klowest in 6 years
2021: €273k▲ +2275% vs 2020
2022: €263k▼ -3.6% vs 2021
2023: €281k▲ +6.5% vs 2022
2024: €290k▲ +3.5% vs 2023highest in 6 years
2025: €219k▼ -24.6% vs 2024
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€195k-€198k▲ 1.6%€265k▲ 33.4%€265k▲ 0.1%€285k▲ 7.4%
2021: €195klowest in 5 years
2022: €198k▲ +1.6% vs 2021
2023: €265k▲ +33.4% vs 2022
2024: €265k▲ +0.1% vs 2023
2025: €285k▲ +7.4% vs 2024highest in 5 years
Operating result€237k-€13k▼ 94.7%€100k▲ 690%€18k▼ 82.4%€82k▲ 367%
2021: €237khighest in 5 years
2022: €13k▼ -94.7% vs 2021lowest in 5 years
2023: €100k▲ +690% vs 2022
2024: €18k▼ -82.4% vs 2023
2025: €82k▲ +367% vs 2024
Net result€174k-€3k▼ 98.2%€66k▲ 2,060%€370▼ 99.4%€20k▲ 5,228%
2021: €174khighest in 5 years
2022: €3k▼ -98.2% vs 2021
2023: €66k▲ +2060% vs 2022
2024: €370▼ -99.4% vs 2023lowest in 5 years
2025: €20k▲ +5228% vs 2024
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 recovers in 2025; 2025 is 367% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €411k
Fixed assets
€67k ▼ 43.8%
Current assets
€344k ▼ 34.9%
Equity and liabilities €411k
Equity
€285k ▲ 7.4%
Provisions
€0 ▼ 100%
Debt
€126k ▼ 46.9%
Debt's share of the balance-sheet total falls from 36.7% to 30.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€113k▲
2024 · €69k
Cash flow
€50k▼
2024 · €52k
Current ratio
2.75▲
2024 · 2.22
Debt to equity
0.44▼
2024 · 0.90
ROE
6.9%▲
2024 · 0.1%
ROA
4.8%▲
2024 · 0.1%
Interest coverage
6.62▲
2024 · 5.63
Debt ≤ 1 year
€125k▼
2024 · €237k
Income taxes
€46k▲
2024 · €5k
Staff costs
€76k▼
2024 · €153k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€648k€411k▼
Fixed assets21/28€120k€67k▼
Tangible fixed assets22/27€117k€65k▼
Plant, machinery and equipment23€36k€23k▼
Furniture and vehicles24€82k€41k▼
Financial fixed assets28€3k€3k=
Current assets29/58€528k€344k▼
Stocks and contracts in progress3€5k-
Contracts in progress37€5k-
Amounts receivable within one year40/41€419k€307k▼
Trade receivables40€403k€262k▼
Other amounts receivable41€16k€46k▲
Cash at bank and in hand54/58€100k€33k▼
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€648k€411k▼
Equity10/15€265k€285k▲
Contributions10/11€19k€19k=
Reserves13€247k€266k▲
Distributable reserves133€247k€266k▲
Provisions and deferred taxes16€145k-
Provisions for liabilities and charges160/5€145k-
Other liabilities and charges164/5€145k-
Amounts payable17/49€237k€126k▼
Amounts payable within one year42/48€237k€125k▼
Current portion of amounts payable after more than one year42€2k-
Financial debts43€100k€60k▼
Credit institutions430/8€100k€60k▼
Trade debts44€78k€48k▼
Suppliers440/4€78k€48k▼
Taxes, remuneration and social security45€57k€17k▼
Taxes450/3€15k€9k▼
Remuneration and social security454/9€42k€8k▼
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Remuneration, social security and pensions62€153k€76k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€30k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€-145k
Other operating charges640/8€3k€22k▲
Gross operating margin9900€225k€66k▼
Operating profit (loss)9901€18k€82k▲
Financial income75/76B€42€0▼
Recurring financial income75€42€0▼
Financial charges65/66B€12k€17k▲
Recurring financial charges65€12k€17k▲
Profit (loss) for the period before taxes9903€5k€65k▲
Income taxes67/77€5k€46k▲
Profit (loss) for the period9904€370€20k▲
Profit (loss) for the period to be appropriated9905€370€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€370€20k▲
Transfer to equity691/2€370€20k▲
To other reserves6921€370€20k▲
Social balance
Average headcount (FTE)90873.41.1▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €186k | €441k | €210k | €153k | €76k | ▼ 50.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18k | €27k | €48k | €51k | €30k | ▼ 40.7% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €112k | €33k | - | - | €-145k | - |
| Other operating charges640/8 | €2k | €13k | €9k | €3k | €22k | ▲ 628% |
| Non-recurring operating charges66A | - | - | €4k | - | - | - |
| Gross operating margin9900 | €555k | €527k | €371k | €225k | €66k | ▼ 70.8% |
| Operating profit (loss)9901 | €237k | €13k | €100k | €18k | €82k | ▲ 367% |
| Financial income75/76B | €0 | €250 | €7k | €42 | €0 | ▼ 100.0% |
| Recurring financial income75 | €0 | €250 | €875 | €42 | €0 | ▼ 100.0% |
| Non-recurring financial income76B | - | - | €6k | - | - | - |
| Financial charges65/66B | €5k | €6k | €15k | €12k | €17k | ▲ 39.2% |
| Recurring financial charges65 | €5k | €6k | €15k | €12k | €17k | ▲ 39.2% |
| Profit (loss) for the period before taxes9903 | €233k | €7k | €92k | €5k | €65k | ▲ 1,097% |
| Income taxes67/77 | €58k | €3k | €26k | €5k | €46k | ▲ 797% |
| Profit (loss) for the period9904 | €174k | €3k | €66k | €370 | €20k | ▲ 5,228% |
| Profit (loss) for the period to be appropriated9905 | €174k | €3k | €66k | €370 | €20k | ▲ 5,228% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €547k | €740k | €789k | €648k | €411k | ▼ 36.5% |
| Fixed assets21/28 | €46k | €100k | €145k | €120k | €67k | ▼ 43.8% |
| Tangible fixed assets22/27 | €46k | €100k | €142k | €117k | €65k | ▼ 44.8% |
| Plant, machinery and equipment23 | - | €49k | €42k | €36k | €23k | ▼ 34.5% |
| Furniture and vehicles24 | €46k | €51k | €100k | €82k | €41k | ▼ 49.3% |
| Financial fixed assets28 | - | - | €3k | €3k | €3k | = |
| Current assets29/58 | €501k | €639k | €644k | €528k | €344k | ▼ 34.9% |
| Stocks and contracts in progress3 | - | €117k | €26k | €5k | - | - |
| Contracts in progress37 | - | €117k | €26k | €5k | - | - |
| Amounts receivable within one year40/41 | €301k | €214k | €523k | €419k | €307k | ▼ 26.6% |
| Trade receivables40 | €281k | €203k | €515k | €403k | €262k | ▼ 35.0% |
| Other amounts receivable41 | €20k | €11k | €7k | €16k | €46k | ▲ 184% |
| Cash at bank and in hand54/58 | €200k | €309k | €91k | €100k | €33k | ▼ 66.8% |
| Deferred charges and accrued income490/1 | - | - | €5k | €4k | €3k | ▼ 23.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €547k | €740k | €789k | €648k | €411k | ▼ 36.5% |
| Equity10/15 | €195k | €198k | €265k | €265k | €285k | ▲ 7.4% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €177k | €180k | €246k | €247k | €266k | ▲ 8.0% |
| Distributable reserves133 | €177k | €180k | €246k | €247k | €266k | ▲ 8.0% |
| Provisions and deferred taxes16 | €112k | €145k | €145k | €145k | - | - |
| Provisions for liabilities and charges160/5 | €112k | €145k | €145k | €145k | - | - |
| Other liabilities and charges164/5 | €112k | €145k | €145k | €145k | - | - |
| Amounts payable17/49 | €240k | €396k | €379k | €237k | €126k | ▼ 46.9% |
| Amounts payable after more than one year17 | €11k | €20k | €3k | - | - | - |
| Financial debts170/4 | €11k | €20k | €3k | - | - | - |
| Amounts payable within one year42/48 | €228k | €376k | €364k | €237k | €125k | ▼ 47.4% |
| Current portion of amounts payable after more than one year42 | €19k | €27k | €15k | €2k | - | - |
| Financial debts43 | - | - | €100k | €100k | €60k | ▼ 40.0% |
| Credit institutions430/8 | - | - | €100k | €100k | €60k | ▼ 40.0% |
| Trade debts44 | €52k | €173k | €174k | €78k | €48k | ▼ 39.2% |
| Suppliers440/4 | €52k | €173k | €174k | €78k | €48k | ▼ 39.2% |
| Taxes, remuneration and social security45 | €91k | €124k | €31k | €57k | €17k | ▼ 69.6% |
| Taxes450/3 | €80k | €47k | €30k | €15k | €9k | ▼ 40.7% |
| Remuneration and social security454/9 | €11k | €77k | €638 | €42k | €8k | ▼ 80.2% |
| Other amounts payable47/48 | €65k | €52k | €44k | - | - | - |
| Accrued charges and deferred income492/3 | €459 | - | €12k | - | €1k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €174k | €3k | €66k | €370 | €20k | ▲ 5,228% |
| + Depreciation and write-downs630 | €18k | €27k | €48k | €51k | €30k | ▼ 40.7% |
| Operating cash flow (approximation) | €193k | €30k | €114k | €52k | €50k | ▼ 2.9% |
| Investment in fixed assets (approximation) | - | €-82k | €-93k | €-26k | €22k | ▲ 186% |
| Change in cash | - | €109k | €-218k | €10k | €-67k | ▼ 796% |
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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Weakest financial yearnet €370 ▼99.4%
Net result drops to €370, the lowest in the series; recovery starts the following year.
23-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
09-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 193 days late
30-09
Financial
Equity above €200kEq €265k ▲33.4%
4 profitable years in a row build equity to €265k.
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
30-09
Financial
Highest result since 2020net €174k ▲7,361%
Operating result €237k, net result €174k, both a record.
30-09
Financial
Liquidity doublescurrent ratio 2.20
Current ratio from 1.09 to 2.20.
30-09
Financial
Equity above €150kEq €195k ▲833%
2 profitable years in a row build equity to €195k.
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Izegem · 1 establishment unit since 2019
Ground area
101 m²
Building footprint
67 m²
Volume, LiDAR
410 m³
Parcel 36008C0180/00T006, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ALRU CONSTRUCT
since 20192.286.107.084
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36008C0180/00T006 | Flanders | 101 m² | 1 · 67 m² | 10.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 751 companies in sector 43422 we hold annual accounts for 424. 315 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
Founded22-02-2019
Fiscal year end30-09
Abbreviation NL
ALRUCO
Activities, NACEBEL 2025
43422Screed work
41001General construction of residential buildings
43120Site preparation
Contact
Phone
000000000Izegem
Scores and ratios are computed by Checked and are not a credit decision.