ALSITO
ActiveThe computed 12-month bankruptcy probability of ALSITO is 1.5% (moderate). The 2025 annual accounts show equity of €576k and a net result of €33k. Equity is growing by ~25.7% per year across the filed fiscal years. Its solvency ranks better than 36% of 10331 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
57
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64▼-11
Solvency50▲+1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 2.62 against 2.7 in 2024; short-term debt: 11.1% and cash: 6.3% of total assets), but 75% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
25%
Return on assets
1.4%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
1 d early
2022
17 d early
2021
4 d early
2020
19 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close21-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€576k▼ 0.4%
2024 · €578k
2020: €90k
2021: €226k
2022: €359k
2023: €553k
2024: €578k
2020 → 2025
Total assets
€2.30M▼ 5.6%
2024 · €2.44M
2020: €495k
2021: €629k
2022: €806k
2023: €1.81M
2024: €2.44M
2020 → 2025
Net result
€33k▼ 73.7%
2024 · €125k
2020: €84k
2021: €136k
2022: €133k
2023: €265k
2024: €125k
2020 → 2025
Working capital
€413k▼ 16.2%
2024 · €493k
2020: €384k
2021: €430k
2022: €517k
2023: €609k
2024: €493k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€226k-€359k▲ 59.0%€553k▲ 54.0%€578k▲ 4.5%€576k▼ 0.4%
Operating result€172k-€195k▲ 13.2%€356k▲ 82.7%€185k▼ 48.1%€80k▼ 56.8%
Net result€136k-€133k▼ 2.0%€265k▲ 98.9%€125k▼ 53.0%€33k▼ 73.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 57% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.30M
Fixed assets
€1.63M▼ 1.4%
Current assets
€669k▼ 14.5%
Equity and liabilities €2.30M
Equity
€576k▼ 0.4%
Debt
€1.73M▼ 7.2%
The debt ratio falls from 76.3% to 75.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€208k▼
2024 · €283k
Cash flow
€161k▼
2024 · €223k
Solvency
25.0%▲
2024 · 23.7%
Current ratio
2.62▼
2024 · 2.70
Quick ratio
0.89▼
2024 · 0.97
Debt / equity
3.00▼
2024 · 3.22
ROE
5.7%▼
2024 · 21.6%
ROA
1.4%▼
2024 · 5.1%
Interest coverage
5.17▼
2024 · 10.98
Debt
€1.73M▼
2024 · €1.86M
Debt ≤ 1 year
€256k▼
2024 · €290k
Debt > 1 year
€1.47M▼
2024 · €1.57M
Income taxes
€10k▼
2024 · €38k
Staff costs
€192k▲
2024 · €133k
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€2.44M€2.30M▼
Fixed assets21/28€1.66M€1.63M▼
Tangible fixed assets22/27€1.66M€1.63M▼
Land and buildings22€1.51M€1.46M▼
Plant, machinery and equipment23€9k€17k▲
Furniture and vehicles24€133k€159k▲
Current assets29/58€783k€669k▼
Stocks and contracts in progress3€502k€440k▼
Stocks30/36€502k€440k▼
Amounts receivable within one year40/41€198k€59k▼
Trade receivables40€59k€35k▼
Other amounts receivable41€140k€25k▼
Cash at bank and in hand54/58€21k€144k▲
Deferred charges and accrued income490/1€62k€25k▼
Equity and liabilities
Total equity and liabilities10/49€2.44M€2.30M▼
Equity10/15€578k€576k▼
Contributions10/11€25k€25k=
Reserves13€553k€551k▼
Distributable reserves133€553k€551k▼
Amounts payable17/49€1.86M€1.73M▼
Amounts payable after more than one year17€1.57M€1.47M▼
Financial debts170/4€1.53M€1.45M▼
Other amounts payable178/9€40k€20k▼
Amounts payable within one year42/48€290k€256k▼
Current portion of amounts payable after more than one year42€137k€145k▲
Financial debts43€31k-
Credit institutions430/8€31k-
Trade debts44€37k€34k▼
Suppliers440/4€37k€34k▼
Taxes, remuneration and social security45€41k€27k▼
Taxes450/3€4k€6k▲
Remuneration and social security454/9€37k€21k▼
Other amounts payable47/48€44k€49k▲
Accrued charges and deferred income492/3€7k€6k▼
Income statement
Code20242025
Remuneration, social security and pensions62€133k€192k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€98k€128k▲
Other operating charges640/8€5k€5k▲
Gross operating margin9900€421k€406k▼
Operating profit (loss)9901€185k€80k▼
Financial income75/76B€4k€3k▼
Recurring financial income75€4k€3k▼
Financial charges65/66B€26k€40k▲
Recurring financial charges65€26k€40k▲
Profit (loss) for the period before taxes9903€163k€43k▼
Income taxes67/77€38k€10k▼
Profit (loss) for the period9904€125k€33k▼
Profit (loss) for the period to be appropriated9905€125k€33k▼
Appropriation of the result
Profit (loss) to be appropriated9906€125k€33k▼
Transfer from equity791/2-€2k
Transfer to equity691/2€25k-
To other reserves6921€25k-
Profit to be distributed694/7€100k€35k▼
Return on contributions (dividend)694€100k€35k▼
Social balance
Average headcount (FTE)90872.63.9▲
The notes to these accounts (9 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
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Weakest financial yearnet €33k ▼73.7%
Net result drops to €33k, the lowest in the series.
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Highest result since 2020net €265k ▲98.9%
Operating result €356k, net result €265k, both a record.
31-03
Financial
Equity above €500kEq €553k ▲54%
4 profitable years in a row build equity to €553k.
2022
14-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Equity above €200kEq €226k ▲151%
2 profitable years in a row build equity to €226k.
2020
12-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Sint-Laureins · 1 establishment unit since 2019
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.
Leopoldlaan(STL) 159980 Sint-LaureinsGround area
2,559 m²
Building footprint
685 m²
Volume, LiDAR
4,386 m³
2 parcels, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Huis Ysebaert
since 20192.285.691.370
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43014A1228/00A000 | Flanders | 2,114 m² | 1 · 262 m² | 8.1 m · 2 fl. |
| 43503H1214/00N000 | Flanders | 445 m² | 1 · 422 m² | 10.9 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Similar companies · same sector, comparable size
Raditel
BE 0407.088.709
De Panne · Eq €575k
BAZANJA
BE 0435.495.851
Diepenbeek · Eq €578k
BOUDEWIJN ELEKTRO
BE 0809.496.870
Pelt · Eq €579k
BEELD- EN KLANKSTUDIO VAN HAVERE
BE 0424.143.782
Kapellen · Eq €572k
ELECTRO VANDEWEYER
BE 0445.781.217
Bilzen-Hoeselt · Eq €582k
Of 1,510 companies in sector 47540 we hold annual accounts for 805. 598 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-02-2019
Fiscal year end31-03
Activities, NACEBEL
47540Retail sale of electrical household appliances
43211General electrical installation work
47279Other retail sale of food
47299Retail trade
47552Retail sale of lighting equipment
47553Retail trade
47592Retail trade
47593Retail trade
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.