ALSO
ActiveSummary
ALSO has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €58,513 and a net result of -€685. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 1.0% (low).
Overview
- Equity
- €58,513
- Loss
- -€685
- Alain BOUTONManaging director
- CHARMILLEDirector · permanent representative Damien de DUVE
Why 65raises riskLiquidity: current ratio 0.442 of the last 3 latelowers riskSize: total assets €471,999Founded in 2000Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 24% on solvency, 22% on liquidity, 46% on profitability and 40% on growth.
The bankruptcy probability was computed on 30-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 208 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €1,697 after a loss of €3,110 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 2,507 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96.4% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,507 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €128,595 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €34,722 | €28,376 | €27,927 | €23,578 | €24,330 | €20,683 | €22,397 | €18,862 | ▼ 15.8% |
| Other operating charges640/8 | - | - | - | €14,502 | €7,961 | €7,203 | €6,019 | €6,315 | ▲ 4.9% |
| Gross operating margin9900 | €29,664 | €30,536 | €3,937 | €21,389 | €31,993 | €255,068 | €25,306 | €26,873 | ▲ 6.2% |
| Operating profit (loss)9901 | -€8,926 | -€863 | -€27,557 | -€16,692 | -€298 | €227,182 | -€3,110 | €1,697 | - |
| Financial income75/76B | - | - | - | - | - | €1,869 | €3,684 | - | - |
| Recurring financial income75 | - | €1 | - | - | - | €1,869 | €3,684 | - | - |
| Financial charges65/66B | - | - | - | €4,144 | €6,322 | €2,116 | €3,284 | €2,382 | ▼ 27.5% |
| Recurring financial charges65 | €9,059 | €5,489 | €3,402 | €4,144 | €6,322 | €2,116 | €3,284 | €2,382 | ▼ 27.5% |
| Profit (loss) for the period before taxes9903 | -€17,984 | -€6,351 | -€30,958 | -€20,836 | -€6,619 | €226,936 | -€2,710 | -€685 | ▲ 74.7% |
| Transfer from deferred taxes780 | - | - | - | €1,353 | €1,353 | €1,353 | - | - | - |
| Transfer to deferred taxes680 | - | - | - | - | - | €32,149 | - | - | - |
| Profit (loss) for the period9904 | -€16,430 | -€4,999 | -€29,606 | -€19,483 | -€5,267 | €196,139 | -€2,710 | -€685 | ▲ 74.7% |
| Transfer from tax-exempt reserves789 | - | - | - | €3,220 | €3,220 | €3,220 | - | - | - |
| Transfer to tax-exempt reserves689 | - | - | - | - | - | €96,446 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€13,411 | -€1,778 | -€26,386 | -€16,263 | -€2,047 | €102,913 | -€2,710 | -€685 | ▲ 74.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €496,902 | €465,928 | €463,012 | €500,194 | €477,587 | €537,962 | €521,719 | €471,999 | ▼ 9.5% |
| Fixed assets21/28 | €496,382 | €465,407 | €437,480 | €499,877 | €475,546 | €387,962 | €367,274 | €348,412 | ▼ 5.1% |
| Tangible fixed assets22/27 | €496,382 | €465,407 | €437,480 | €499,877 | €475,546 | €387,962 | €367,274 | €348,412 | ▼ 5.1% |
| Land and buildings22 | - | - | - | €492,872 | €473,141 | €377,411 | €360,681 | €343,950 | ▼ 4.6% |
| Plant, machinery and equipment23 | - | - | - | - | - | - | €1,393 | €965 | ▼ 30.7% |
| Furniture and vehicles24 | - | - | - | - | - | €6,104 | €1,229 | - | - |
| Other tangible fixed assets26 | - | - | - | €7,005 | €2,405 | €4,447 | €3,972 | €3,496 | ▼ 12.0% |
| Current assets29/58 | €520 | €520 | €25,532 | €318 | €2,040 | €150,000 | €154,445 | €123,587 | ▼ 20.0% |
| Amounts receivable within one year40/41 | - | - | - | - | €1,520 | - | €1,071 | €1,071 | = |
| Other amounts receivable41 | - | - | - | - | €1,520 | - | €1,071 | €1,071 | = |
| Current investments50/53 | - | - | - | - | €520 | €150,000 | €153,374 | €122,516 | ▼ 20.1% |
| Cash at bank and in hand54/58 | €520 | €520 | €25,532 | €318 | - | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €496,902 | €465,928 | €463,012 | €500,194 | €477,587 | €537,962 | €521,719 | €471,999 | ▼ 9.5% |
| Equity10/15 | -€74,877 | -€79,875 | -€109,481 | -€128,964 | -€134,231 | €61,909 | €59,198 | €58,513 | ▼ 1.2% |
| Contributions10/11 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Capital10 | - | - | - | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Issued capital100 | - | - | - | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Reserves13 | €17,831 | €14,611 | €11,391 | €8,171 | €4,950 | €98,177 | €98,177 | €98,177 | = |
| Tax-exempt reserves132 | - | - | - | €8,171 | €4,950 | €98,177 | €98,177 | €98,177 | = |
| Profit (loss) carried forward14 | -€192,708 | -€194,486 | -€220,872 | -€237,135 | -€239,181 | -€136,268 | -€138,978 | -€139,664 | ▼ 0.5% |
| Provisions and deferred taxes16 | €9,182 | €7,829 | €6,476 | €5,124 | €3,771 | €34,567 | €34,567 | €34,567 | = |
| Deferred taxes168 | - | - | - | €5,124 | €3,771 | €34,567 | €34,567 | €34,567 | = |
| Amounts payable17/49 | €562,597 | €537,974 | €566,017 | €624,035 | €608,047 | €441,486 | €427,953 | €378,919 | ▼ 11.5% |
| Amounts payable after more than one year17 | €184,387 | €168,151 | €158,444 | €221,056 | €190,831 | €142,200 | €110,573 | €99,881 | ▼ 9.7% |
| Financial debts170/4 | - | - | - | €114,867 | €84,642 | €107,189 | €75,562 | €64,870 | ▼ 14.1% |
| Other amounts payable178/9 | - | - | - | €106,189 | €106,189 | €35,011 | €35,011 | €35,011 | = |
| Amounts payable within one year42/48 | €378,210 | €368,908 | €406,658 | €402,064 | €416,301 | €299,286 | €317,380 | €279,038 | ▼ 12.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €22,010 | €21,380 | €7,750 | €10,592 | €10,692 | ▲ 0.9% |
| Financial debts43 | - | - | - | €3,579 | €6,381 | €3,604 | €26,904 | €27,651 | ▲ 2.8% |
| Credit institutions430/8 | - | - | - | - | €1,102 | €25 | €23,324 | €24,072 | ▲ 3.2% |
| Other loans439 | - | - | - | €3,579 | €5,279 | €3,579 | €3,579 | €3,579 | = |
| Trade debts44 | €21,480 | €20,971 | €23,879 | €39,230 | €35,011 | €857 | €254 | €1,752 | ▲ 591% |
| Suppliers440/4 | - | - | - | €39,230 | €35,011 | €857 | €254 | €1,752 | ▲ 591% |
| Advances received on contracts in progress46 | - | - | - | €4,700 | €4,700 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €332,544 | €348,829 | €287,075 | €279,631 | €238,943 | ▼ 14.6% |
| Accrued charges and deferred income492/3 | - | - | - | €915 | €915 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€16,430 | -€4,999 | -€29,606 | -€19,483 | -€5,267 | €196,139 | -€2,710 | -€685 | ▲ 74.7% |
| + Depreciation and write-downs630 | €34,722 | €28,376 | €27,927 | €23,578 | €24,330 | €20,683 | €22,397 | €18,862 | ▼ 15.8% |
| Operating cash flow (approximation) | €18,292 | €23,377 | -€1,678 | €4,095 | €19,063 | €216,822 | €19,687 | €18,176 | ▼ 7.7% |
| Investment in fixed assets (approximation) | - | €2,599 | €0 | -€85,975 | €0 | €66,902 | -€1,709 | €0 | - |
| Change in cash | - | €0 | €25,012 | -€25,215 | - | - | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 26 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 28-07-2026 | 2026-00339627 |
| 31-12-2024 | abbreviated format | 03-11-2025 | 2025-00559526 |
| 31-12-2024 | micro format | 12-09-2025 | 2025-00489941 |
| 31-12-2023 | micro format | 29-10-2024 | 2024-00517475 |
| 31-12-2022 | micro format | 23-07-2024 | 2024-00283766 |
| 31-12-2021 | micro format | 23-07-2024 | 2024-00284240 |
| 31-12-2020 | full format | 30-12-2021 | 2021-82100114 |
| 31-12-2019 | full format | 02-11-2020 | 2020-68200086 |
| 31-12-2018 | full format | 27-08-2019 | 2019-50800334 |
| 31-12-2017 | full format | 11-09-2018 | 2018-62400592 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 2
Day-to-day management 1
Permanent representatives 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Alain BOUTON |
|
| CHARMILLE |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
31-03
Gazette deed
Reappointments: Alain BOUTON (director) and CHARMILLE (director)Permanent representative: Damien de DUVE · Appointment: Alain BOUTON (managing director) · Approval10 facts ▸
- General meeting, 24-06-2019
- Approval, “comptes annuels, approbation à l'unanimité” (deed in French)
- Other provision, “rapport spécial, stables” (deed in French)
- Other provision, “vote spécial, unanimité” (deed in French)
- Director reappointment, Alain BOUTON (director)
- Director reappointment, CHARMILLE (director)
- Permanent representative, Damien de DUVE
- Director appointment, Alain BOUTON (managing director)
- Director discharge, Alain BOUTON (director)
- Director discharge, CHARMILLE (director)
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21562A0183/00C013 | Brussels | 295 m² | 1 · 212 m² | 25.0 m · 6 |