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Complete company report
Generated 07-08-2026
Active BE 0887.984.223Public limited company

ALSICO HIGH TECH

Pont West 111 ·9600 Ronse, Belgium· 19 yrs active
Sector: Wholesale trade (46160)
Conclusion Checked

The computed 12-month bankruptcy probability of ALSICO HIGH TECH is 0.3% (very low). The 2024 annual accounts show equity of €15.02M and a net result of €3.46M. Equity is growing by ~13.3% per year across the filed fiscal years. Its solvency ranks better than 85% of 547 sector peers (fiscal year 2024). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.
Key figures
Equity €15.02M
Net result €3.46M
Staff (FTE) 35.3
Better than sector 85%
Snowflake analysis 5 axes · computed by Checked
Health100Profitability84Solvency100Growth56Stability100
88 / 100

Exceptional profile, strong across almost every axis.

Health 100
Profitability 84
Solvency 100
Growth 56
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.3% Very low
0%0,5%1,5%4%10%≥25%
Annual accounts: healthy financial profile −Long track record −Lower-risk legal form −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Established
Founded in 2007, 19 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
100 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 04-07-2025 with the NBB · fiscal year 2024 · volledig
€0€10.00M€20.00M€30.00MRevenue 2020: €20.03M€20.03MOperating result 2020: €2.00M€2.00MNet result 2020: €6.77M€6.77MRevenue 2021: €25.40M€25.40MOperating result 2021: €5.03M€5.03MNet result 2021: €3.74M€3.74MRevenue 2022: €22.88M€22.88MOperating result 2022: €3.64M€3.64MNet result 2022: €3.04M€3.04MRevenue 2023: €27.37M€27.37MOperating result 2023: €4.53M€4.53MNet result 2023: €3.82M€3.82MRevenue 2024: €27.45M€27.45MOperating result 2024: €3.38M€3.38MNet result 2024: €3.46M€3.46M20202021202220232024
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~13.3%/year over 7 fiscal years, indicative, assuming unchanged policy.
€5.00M€10.00M€15.00M€20.00M2025: €16.44M (€15.24M - €17.64M)2026: €17.87M (€16.67M - €19.07M)2027: €19.29M (€18.09M - €20.50M)2018: €6.28M2019: €8.09M2020: €9.32M2021: €10.74M2022: €13.74M2023: €13.56M2024: €15.02M2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 46, Wholesale trade · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 68.4% 31.0%
better than 85% of 547 sector peers
Net result €3.46M €47k
better than 95% of 547 sector peers
Equity €15.02M €468k
better than 91% of 548 sector peers
Staff costs €2.87M €496k
higher than 81% of 403 sector peers
Employees (FTE) 35.3 7.6
better than 82% of 358 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€27.45M
+0.3% 18-24
EBITDA
€3.49M
-24.5% far above sector median
Net profit
€3.46M
-9.5% far above sector median
Cash flow
€3.57M
-9.0% far above sector median
Total assets
€21.97M
+11.0% far above sector median
Equity
€15.02M
+10.7% far above sector median
Working capital
€15.00M
+9.1% far above sector median
Employees (FTE)
35
+4.1% far above sector median
Staff costs
€2.87M
+9.0% 18-24
Income taxes
€-41k
- far below sector median
Dividends
€2.00M
0.0% 18-24
Debt
€6.95M
+11.7% far above sector median
Debt ≤ 1y
€6.81M
+15.2% far above sector median
Debt > 1y
€25k
-80.0% -95% vs sector
Current ratio
3.20
-3.7% +68% vs sector
Quick ratio
1.65
-14.2% +3% vs sector
Solvency
68.4%
-0.3% +182% vs sector
Debt / equity
0.46
+0.8% +286% vs sector
ROE
23.0%
-18.3% far above sector median
ROA
15.7%
-18.5% far above sector median
Net margin
12.6%
-9.8% 18-24
EBITDA margin
12.7%
-24.7% 18-24
Interest coverage
1084.86
-58.4% far above sector median
Figures by fiscal year
Fiscal year2024
Revenue€27.45M
EBITDA€3.49M
Net profit€3.46M
Cash flow€3.57M
Staff costs€2.87M
Income taxes€-41k
Dividends€2.00M
Total assets€21.97M
Equity€15.02M
Debt€6.95M
of which ≤ 1y€6.81M
of which > 1y-
Working capital€15.00M
Employees (FTE)35.3
Ratios (computed)
2024
Current ratio3.20
Quick ratio1.65
Working capital ratio68.3%
Solvency68.4%
Debt / equity0.46
Long-term debt ratio-
Interest coverage1084.86
Gross margin39.1%
Net margin12.6%
ROA15.7%
ROE23.0%
EBITDA margin12.7%
Days sales outstanding106d
Days payable outstanding91d
Inventory turnover1.59
Days inventory (DSI)230d
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€21.97M
Fixed assets 21/28€162k
Intangible fixed assets 21€130k
Tangible fixed assets 22/27€31k
Current assets 29/58€21.80M
Stocks & contracts in progress 3€10.55M
Amounts receivable within one year 40/41€8.42M
Cash & bank 54/58€2.68M
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€21.97M
Equity 10/15€15.02M
Contributions / capital 10/11€1.00M
Reserves 13€3.13M
Accumulated profits (losses) 14€10.89M
Amounts payable 17/49€6.95M
Amounts payable within one year 42/48€6.81M
Trade debts payable within one year 44€4.16M
Income statement
Turnover 70€27.45M
Operating result 9901€3.38M
Financial income 75€132k
Financial charges 65€102k
Result before taxes 9903€3.41M
Income taxes 67/77€-41k
Net result for the period 9904€3.46M
Result to be appropriated 9905€5.05M
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Wholesale trade(46160)
Legal form Public limited company(014)
Incorporation15-03-2007
StatusActive
Postal code9600
Establishment units 1 location
Alsico High Tech
Zonnestraat 223-229, 9600 RonseHoldings
since 20102.194.917.978
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
45422D1227/00L002 Flanders 2.1 ha 1 · 6,822 m² -
45041A0104/00T000 Flanders 2.0 ha 1 · 8,729 m² 10.0 m · 2 fl.
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.
Updates 13 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
29-07-2026
State Gazette act General meeting · Auditor appointment
General meeting · Auditor appointment
2025
04-07-2025
NBB filing Annual accounts filed
fiscal year 2024 · volledig
2024
01-07-2024
NBB filing Annual accounts filed
fiscal year 2023 · volledig
2023
05-07-2023
NBB filing Annual accounts filed
fiscal year 2022 · volledig
2022
06-07-2022
NBB filing Annual accounts filed
fiscal year 2021 · volledig
2021
12-07-2021
NBB filing Annual accounts filed
fiscal year 2020 · volledig
2020
08-07-2020
NBB filing Annual accounts filed
fiscal year 2019 · volledig
2019
11-07-2019
NBB filing Annual accounts filed
fiscal year 2018 · volledig
2018
25-07-2018
NBB filing Annual accounts filed
fiscal year 2017 · volledig
2017
07-07-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
2016
08-08-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
Belgisch Staatsblad, acts 3 acts
All acts · 3 updated 9 days ago
2026
29-07-2026 General meeting · Auditor appointment Open-capture extraction
  • Publication: 29/07/2026 · Alsico High Tech
  • Filing: 20/07/2026 · Alsico High Tech
  • General meeting: 30/09/2025 · Alsico High Tech
  • Auditor appointment: role: commissaris, term: 3 jaar tot aan de algemene vergadering van 2028, type: reappointment, start_date: 30/09/2025 · BDO Bedrijfsrevisoren BV
Summary: General meeting · Auditor appointment
Technical details 
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2023
28-12-2023 3 directors appointed, 1 reappointed Director changes·Philippe FLAMANT
  • SIAU Bernard Léopold Gustave Jacques, Bestuurder
  • SIAU Vincent, Bestuurder
  • SIAU Gauthier Philippe Françoise Léopold Paul Bernard, Bestuurder
  • SIAU Bernard, Vaste vertegenwoordiger
Notary: Philippe FLAMANT · Ronse
Technical details 
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2022
29-08-2022 4 reappointed Director changes
  • Vincent Siau, Bestuurder
  • Gauthier Siau, Bestuurder
  • Bernard Siau, Bestuurder
  • Veerle Catry, Commissaris
Technical details 
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      },
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      "compensated": null,
      "effective_date": null,
      "evidence_quote": "De Algemene Vergadering herbenoemt BDO Bedrijfsrevisoren BV, met als vertegenwoordiger mevrouw",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "until_agm_year",
        "value": "2025"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Oudenaarde",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2022-08-29",
    "filing_date": "2022-08-17",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2022-06-30",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0887.984.223",
    "name_full": "Alsico High Tech",
    "legal_form": "NV"
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Handelsbemiddeling in textiel, kleding, bont, schoeisel en lederwaren46160Handelsbemiddeling in de groothandel in textiel, kleding, bont, schoeisel en lederwaren46160Groothandel in werkkleding46421Groothandel in werkkleding46421Managementactiviteiten van holdings74151Vervaardiging van overige geconfectioneerde artikelen van textiel, m.u.v. kleding13929Vervaardiging van overige geconfectioneerde artikelen van textiel, muv kleding13929Confectie van overige textielartikelen17402Handelsbemiddeling in textiel, kleding, schoeisel en artikelen van leer51160Holdings64200Activiteiten van holdings64210
Primary activity highlighted.
Names & trade names
Legal nameNL ALSICO HIGH TECH
Registered office
Pont West 111
9600 Ronse, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Same NACE
COTITEX BE 0473.839.456 · Brussel
WITRADE BE 0538.672.672 · Ronse
TWEEDS & COTTONS BE 0466.545.353 · Evergem
C.S. BE 0463.003.863 · Gent
BROOTHAERS BE 0416.247.289 · Grimbergen
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative