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ALSIC

Active Public limited companyfounded 1997active for 29 yearsMoutstraat 56, 9000 GhentKBO/BCE: BE 0461.652.989 subsidiary of ALSIC INVEST

Lifetime

19 annual accounts with figures on one time axis, 27 filings since 1999
peak €4.4m (2025)
€4.4m▲ 5.1%
peak €1.4m (2024)
€1.2m▼ 17.7%
peak €1.6m (2021)
€1.3m▲ 2.7%
€1.8m▲ 65.1%
peak 27.4 FTE (2025)
27.4 FTE▲ 14.6%
Board6 names since 2020
3 directorsALSIC INVEST and 2 others
Owners2 names in the annual accounts
Documentsfilings and deeds
28-04-202694 days before the deadline
2025abbreviated format
Staff from 23.9 FTE to 27.4 FTERegistered office moved within Ghent 16-05Dividend €650,000Debts from €1.1m to €1.8mInvestments €414,838

Key points

from the 2025 annual accounts

Equity

€1.3m ▲ 2.7%

ALSIC has made a profit in every financial year since 2007.

Debts

€1.8m ▲ 65.1%
Suppliers
+0.5
Taxes and wages
+0.00
The rest
+0.3

Debts rose by €720,971 in 2025.

Investments

€420,521 6.6 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Staff

28 employees on 31-12-2025
022021522022532023732024752025

In 2025, 7 people joined and 5 left.

Filings

27 annual accounts since 1999
AprilJune31 JulyOctober200020102020

The last five annual accounts were filed 67 to 101 days before the end of the period.

Position in the sector

€1.2m

Higher net result than 95% of companies in computer programming and consultancy. Sector median €22,956 · 3,406 companies.

Checked score

91
Excellent
Financially stronger than 59% of small companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 1,167 companies (NACE 62, small).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025lowest value 06-2025: 0.1%▲ +0.1 percentage points vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.2%▲ +0.1 percentage points vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026highest value 11-2026: 0.2%● unchanged vs 10-2026highest value

Financial strength
Strong

66-12equity 41.4% of total assets
46-7short-term debt 49.7% · cash 16.8%
100=return on assets 37.9%

Score breakdown

raises risk
1 change of registered office in 24 months
lowers risk
Figures for financial year 2025 (filed on 28-04-2026)
Liquidity: current ratio 1.74, cash €523,867
Sector: Computer programming, consultancy and related activities (NACE 62)
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 62, small). It does better than 53% of them on solvency, 48% on liquidity, 97% on profitability and 40% on growth.

The bankruptcy probability was computed on 10-11-2026 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 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 20,137 companies had the same profile as ALSIC has now. Each dot stands for 51 companies, two years later.

95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of ALSIC itself: 0.2% within 12 months.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 20,137 companies, not a prediction for ALSIC. 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 €110,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.74 (2.07 in 2024), above the usual 1.5. Short-term debt is 49.7% and cash 16.8% of total assets. However, 58.6% 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
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2025 (filed on 28-04-2026)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.74, cash €523,867
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
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 28-04-2026, 94 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
94 days early
2024
93 days early
2023
77 days early
2022
67 days early
2021
101 days early
2020
36 days early
2019
93 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 80 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% 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 29 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

AI
Managing director, Eric VAN ZUIJLEN
A
Managing director, Mathias WIJFFELS
S
Director, Geert DE LANDTSHEER, since 10-06-2022
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0461652989
Registered office moved within Ghent New registered office: Moutstraat 56 bus 101 9000 Gent · Previous registered office: DERBYSTRAAT 25, 9051 GENT · Permanent representative: Wijffels Mathias · Board meeting of 20-03-2025 · Gazette deed
3 directors appointed, 2 resignations Resignations: Dierik VERMEIR (managing director) and Martine GUSSÉ (managing director) · Appointments: ARAMI BV (managing director), ALSIC INVEST NV (managing director) and SANBO BV · Permanent representatives: Mathias WIJFFELS, Eric VAN ZUIJLEN and Geert DE LANDTSHEER · General meeting of 10-06-2022 · Gazette deed
Merger: ALSIC takes over ACE INFORMATICS Capital increase of €20,451.21 to €97,256.54 · Capital from €76,805.33 to €97,256.54 · Changes of role: VERMEIR Dierik Kamiel Marie (managing director) and Martine Gussé (managing director) · General meeting of 22-07-2020 · Gazette deed
All 38 events

Comparable companies

same main activity, similar in size and age
Company
ALSIC Ghent - - 41.4% 27.4
HRlinkIT Leuven - - 52.3% 23.5
XTREME-INTEGRATIONS Kontich €8.4m 10.2% 58.0% 31.4
INPUT FOR YOU Dilbeek - - 42.8% 44.1
BMATIX Kontich €7.5m 7.3% 30.0% 43.7
FAROS Kontich €4.8m 11.9% 71.3% 37.7
Wortell Belgium Ghent - - 34.4% 48.3

These companies have the same main activity as ALSIC: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €3m and €3.9m, founded between 1999 and 2006.

Official details

Source: KBO
Status
Active since 10-10-1997Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.083.964.4309000 Ghent, since 27-10-1997
Financial year end
31 December
Peppol
Reachable since 07-10-2025
Company details

Annual accounts 2025

≈ €10.0mestimated
€3.1m▲ 31.9%
Employeeson 31-12-2025
28▲ 7.7%
Filing
Filed on 28-04-2026, 94 days before the end of the filing period
Financials

Insights on ALSIC

ALSIC files the abbreviated format. That format states no turnover. The gross margin rose from €596,062 in 2007 to €4.4m in 2025.

ALSIC INVEST holds all the shares. In July 2022, the Official Gazette published the appointment of ALSIC INVEST as managing director.

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 ALSIC

What is the company number of ALSIC?
The company number of ALSIC is 0461.652.989. The VAT number is the same number with BE in front: BE 0461.652.989.
Where is ALSIC based?
The registered office is at Moutstraat 56, 9000 Ghent.Company details
What does ALSIC do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of ALSIC?
ALSIC is a public limited company (NV).
When was ALSIC founded?
ALSIC was founded on 10-10-1997.
Is ALSIC still active?
Yes, ALSIC is an active enterprise in the KBO register.
How many employees does ALSIC have?
ALSIC had an average of 27.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ALSIC fall under?
In its 2025 annual accounts, ALSIC states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of ALSIC?
The turnover in financial year 2025 is ≈ €10.0m. This figure is estimated from the gross margin of €4.4m and 117 comparable companies (NACE 62200). It probably lies between €8.1m and €15.0m.
Is ALSIC profitable?
In financial year 2025, ALSIC made a profit of €1.2m.
Where can I find the annual accounts of ALSIC?
ALSIC filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ALSIC due?
ALSIC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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