Alshaer Group
ActiveThe computed 12-month bankruptcy probability of Alshaer Group is 3.2% (moderate). The 2025 annual accounts show equity of €1k and a net result of €-2k. Its solvency ranks better than 16% of 4422 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-90
Solvency13▼-1
Growth32
Stability82
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.88 against 0.21 in 2024), and 94.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
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 81
Relative position
BE, all sectors
reference
Sector 81
higher
← 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 2025Solvency, return and age of the figures
Solvency
5.8%
Return on assets
-8.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 4422 sector peers (2025).
NBB · sector comparisonPosition among 4422 sector peers
Solvency
better than 16%
← weakest
strongest →
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 10-07-2026, 21 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
21 d early
2024
39 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€26k
EBIT margin
12.2%
Net result
€-2k
2024 · €2k
2024: €2k
2024 → 2025
Working capital
€-2k▲ 75.8%
2024 · €-9k
2024: €-9k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Turnover€26k-
Equity€3k-€1k▼ 59.8%
Operating result€3k-€-2k
Net result€2k-€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2k after €3k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €20k
Fixed assets
€3k▼ 71.9%
Current assets
€17k▲ 599%
Equity and liabilities €20k
Equity
€1k▼ 59.8%
Debt
€19k▲ 63.6%
The debt ratio rises from 79.9% to 94.2%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€2k▼
2024 · €9k
Cash flow
€2k▼
2024 · €8k
Solvency
5.8%▼
2024 · 20.1%
Current ratio
0.88▲
2024 · 0.21
Quick ratio
0.88▲
2024 · 0.21
Debt / equity
16.15▲
2024 · 3.97
ROE
-148.7%▼
2024 · 82.7%
ROA
-8.7%▼
2024 · 16.6%
Interest coverage
9.22▼
2024 · 37.37
Debt
€19k▲
2024 · €11k
Debt ≤ 1 year
€19k▲
2024 · €11k
Income taxes
€-65▼
2024 · €596
Staff costs
€659▼
2024 · €3k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€14k€20k▲
Fixed assets21/28€12k€3k▼
Tangible fixed assets22/27€12k€3k▼
Plant, machinery and equipment23€7k€3k▼
Furniture and vehicles24€5k-
Current assets29/58€2k€17k▲
Amounts receivable within one year40/41€2k€17k▲
Trade receivables40€1k€16k▲
Other amounts receivable41€1k€361▼
Cash at bank and in hand54/58-€3
Equity and liabilities
Total equity and liabilities10/49€14k€20k▲
Equity10/15€3k€1k▼
Contributions10/11€500€500=
Profit (loss) carried forward14€2k€660▼
Amounts payable17/49€11k€19k▲
Amounts payable within one year42/48€11k€19k▲
Trade debts44€2k€13k▲
Suppliers440/4€2k€13k▲
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€963€531▼
Remuneration and social security454/9€2k€2k▼
Other amounts payable47/48€6k€4k▼
Income statement
Code20242025
Turnover70€26k-
Goods, raw materials, services and sundry goods60/61€13k-
Remuneration, social security and pensions62€3k€659▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€3k▼
Other operating charges640/8€943€5k▲
Gross operating margin9900€13k€7k▼
Operating profit (loss)9901€3k€-2k▼
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€243€191▼
Recurring financial charges65€243€191▼
Profit (loss) for the period before taxes9903€3k€-2k▼
Income taxes67/77€596€-65▼
Profit (loss) for the period9904€2k€-2k▼
Profit (loss) for the period to be appropriated9905€2k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€660▼
Profit (loss) brought forward from the previous period14P-€2k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
08-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 39 days late
NBB filing
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, Antwerpen · 1 establishment unit since 2024
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.
Jules Moretuslei 4132610 AntwerpenGround area
504 m²
Building footprint
250 m²
Volume, LiDAR
2,397 m³
2 parcels, Flanders · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FIRST TOUCH
since 20242.356.301.135
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11051B0040/00R004 | Flanders | 322 m² | 1 · 105 m² | 10.5 m · 3 fl. |
| 11019B0096/00H000 | Flanders | 183 m² | 1 · 145 m² | 10.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
Mrs & Mr K
BE 0792.927.290
Liège · Eq €1k
MZZ COMPANY
BE 0785.339.516
Kraainem · Eq €1k
SANITAIRE GOMEZ
BE 0460.765.737
Waterloo · Eq €1k
VERFRAAI
BE 0871.470.863
Antwerpen · Eq €1k
SW Cleaning
BE 1011.966.356
Tielt · Eq €1k
Of 7,273 companies in sector 81210 we hold annual accounts for 2,691. 488 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-02-2024
Fiscal year end31-12
Activities, NACEBEL
81210General cleaning of buildings
41003General construction of other non-residential buildings
46190Agents in non-specialised wholesale trade
47120Other non-specialised retail sale
47540Retail sale of electrical household appliances
47910Retail trade
49320Taxi operation
49330On-demand passenger transport by chauffeured vehicle
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.