ALSO
ActiveSummary
ALSO has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34k and a net result of €-4k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 77% of 928 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability9▼-87
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 6.26 against 9.79 in 2024; short-term debt: 15.2% and cash: 94.9% of total assets), and 24.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← 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
75.9%
Return on assets
-8.2%
Age of the figures
9 mo
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 01-06-2026, 60 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
60 d early
2024
25 d late
2023
26 d early
2021
10 d late
2020
10 d late
2019
4 d late
2018
58 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-4k
2024 · €10k
2018: €12khighest value
2019: €-6k▼ -152% vs 2018lowest value
2020: €-3k▲ +44.0% vs 2019
2021: €-2k▲ +25.7% vs 2020
2023: €6k
2024: €10k▲ +66.1% vs 2023
2025: €-4k▼ -137% vs 2024
2018 → 2025
Working capital
€36k▼ 9.8%
2024 · €39k
2018: €36k
2019: €31k▼ -16.1% vs 2018
2020: €28k▼ -8.1% vs 2019
2021: €26k▼ -8.0% vs 2020lowest value
2023: €29k
2024: €39k▲ +37.3% vs 2023highest value
2025: €36k▼ -9.8% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Equity€28k-€26k▼ 8.8%€28k▲ 6.7%€37k▲ 35.6%€34k▼ 9.7%
2020: €28k
2021: €26k▼ -8.8% vs 2020lowest value
2023: €28k
2024: €37k▲ +35.6% vs 2023highest value
2025: €34k▼ -9.7% vs 2024
Operating result€-4k-€-2k▲ 44.1%€6k€11k▲ 88.8%€-3k
2020: €-4klowest value
2021: €-2k▲ +44.1% vs 2020
2023: €6k
2024: €11k▲ +88.8% vs 2023highest value
2025: €-3k▼ -131% vs 2024
Net result€-3k-€-2k▲ 25.7%€6k€10k▲ 66.1%€-4k
2020: €-3k
2021: €-2k▲ +25.7% vs 2020
2023: €6k
2024: €10k▲ +66.1% vs 2023highest value
2025: €-4k▼ -137% vs 2024lowest value
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €3k after €11k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €45k
Fixed assets
€2k ▲ 10.6%
Current assets
€42k ▼ 3.6%
Equity and liabilities €45k
Equity
€34k ▼ 9.7%
Debt
€11k ▲ 26.8%
Debt's share of the balance-sheet total rises from 18.5% to 24.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-2k▼
2024 · €12k
Cash flow
€-3k▼
2024 · €11k
Current ratio
6.26▼
2024 · 9.79
Debt to equity
0.32▲
2024 · 0.23
ROE
-10.8%▼
2024 · 26.3%
ROA
-8.2%▼
2024 · 21.4%
Interest coverage
-10.27▼
2024 · 47.48
Debt ≤ 1 year
€7k▲
2024 · €4k
Debt > 1 year
€4k=
2024 · €4k
Income taxes
€22▼
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€46k€45k▼
Fixed assets21/28€2k€2k▲
Tangible fixed assets22/27€2k€2k▲
Furniture and vehicles24€2k€2k▲
Current assets29/58€44k€42k▼
Amounts receivable within one year40/41€2k€31▼
Trade receivables40€2k-
Other amounts receivable41€382€31▼
Cash at bank and in hand54/58€42k€42k▲
Equity and liabilities
Total equity and liabilities10/49€46k€45k▼
Equity10/15€37k€34k▼
Contributions10/11€6k€6k=
Reserves13€31k€31k=
Distributable reserves133€31k€31k=
Profit (loss) carried forward14€506€-3k▼
Amounts payable17/49€8k€11k▲
Amounts payable after more than one year17€4k€4k=
Other amounts payable178/9€4k€4k=
Amounts payable within one year42/48€4k€7k▲
Trade debts44-€45
Suppliers440/4-€45
Taxes, remuneration and social security45€1k€129▼
Taxes450/3€1k€129▼
Other amounts payable47/48€3k€7k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€877€1k▲
Other operating charges640/8€203€205▲
Gross operating margin9900€12k€-2k▼
Operating profit (loss)9901€11k€-3k▼
Financial income75/76B-€19
Recurring financial income75-€19
Financial charges65/66B€253€228▼
Recurring financial charges65€253€228▼
Profit (loss) for the period before taxes9903€11k€-4k▼
Income taxes67/77€1k€22▼
Profit (loss) for the period9904€10k€-4k▼
Profit (loss) for the period to be appropriated9905€10k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€506€-3k▼
Profit (loss) brought forward from the previous period14P€-9k€506▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €289 | €246 | €596 | €877 | €1k | ▲ 22.6% |
| Other operating charges640/8 | - | - | €50 | €203 | €205 | ▲ 1.0% |
| Gross operating margin9900 | €-4k | €-2k | €7k | €12k | €-2k | ▼ 117% |
| Operating profit (loss)9901 | €-4k | €-2k | €6k | €11k | €-3k | ▼ 131% |
| Financial income75/76B | - | - | €268 | - | €19 | - |
| Recurring financial income75 | €971 | - | €268 | - | €19 | - |
| Financial charges65/66B | - | €233 | €240 | €253 | €228 | ▼ 9.9% |
| Recurring financial charges65 | €288 | €233 | €240 | €253 | €228 | ▼ 9.9% |
| Profit (loss) for the period before taxes9903 | €-3k | €-2k | €6k | €11k | €-4k | ▼ 133% |
| Income taxes67/77 | - | - | - | €1k | €22 | ▼ 97.9% |
| Profit (loss) for the period9904 | €-3k | €-2k | €6k | €10k | €-4k | ▼ 137% |
| Profit (loss) for the period to be appropriated9905 | €-3k | €-2k | €6k | €10k | €-4k | ▼ 137% |
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €31k | €28k | €36k | €46k | €45k | ▼ 3.0% |
| Fixed assets21/28 | €246 | - | €3k | €2k | €2k | ▲ 10.6% |
| Tangible fixed assets22/27 | €246 | - | €3k | €2k | €2k | ▲ 10.6% |
| Furniture and vehicles24 | - | - | €3k | €2k | €2k | ▲ 10.6% |
| Current assets29/58 | €31k | €28k | €33k | €44k | €42k | ▼ 3.6% |
| Amounts receivable after more than one year29 | - | €73 | - | - | - | - |
| Trade receivables290 | - | €73 | - | - | - | - |
| Amounts receivable within one year40/41 | €607 | €607 | €5k | €2k | €31 | ▼ 98.6% |
| Trade receivables40 | - | - | €4k | €2k | - | - |
| Other amounts receivable41 | - | €607 | €607 | €382 | €31 | ▼ 91.8% |
| Cash at bank and in hand54/58 | €30k | €28k | €28k | €42k | €42k | ▲ 1.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €31k | €28k | €36k | €46k | €45k | ▼ 3.0% |
| Equity10/15 | €28k | €26k | €28k | €37k | €34k | ▼ 9.7% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Capital10 | - | €6k | - | - | - | - |
| Issued capital100 | - | €19k | - | - | - | - |
| Uncalled capital101 | - | €12k | - | - | - | - |
| Reserves13 | €31k | €31k | €31k | €31k | €31k | = |
| Distributable reserves133 | - | €31k | €31k | €31k | €31k | = |
| Profit (loss) carried forward14 | €-9k | €-12k | €-9k | €506 | €-3k | ▼ 721% |
| Amounts payable17/49 | €3k | €3k | €8k | €8k | €11k | ▲ 26.8% |
| Amounts payable after more than one year17 | - | - | €4k | €4k | €4k | = |
| Other amounts payable178/9 | - | - | €4k | €4k | €4k | = |
| Amounts payable within one year42/48 | €3k | €3k | €4k | €4k | €7k | ▲ 50.8% |
| Trade debts44 | - | - | - | - | €45 | - |
| Suppliers440/4 | - | - | - | - | €45 | - |
| Taxes, remuneration and social security45 | - | - | €2k | €1k | €129 | ▼ 87.6% |
| Taxes450/3 | - | - | €2k | €1k | €129 | ▼ 87.6% |
| Other amounts payable47/48 | - | €3k | €3k | €3k | €7k | ▲ 91.4% |
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €-2k | €6k | €10k | €-4k | ▼ 137% |
| + Depreciation and write-downs630 | €289 | €246 | €596 | €877 | €1k | ▲ 22.6% |
| Operating cash flow (approximation) | €-3k | €-2k | €7k | €11k | €-3k | ▼ 124% |
| Investment in fixed assets (approximation) | - | - | - | €0 | €-1k | - |
| Change in cash | - | €-2k | - | €14k | €538 | ▼ 96.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 25 days late
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €6k
Net result €6k after 3 loss-making years.
2022
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 10 days late
2021
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 10 days late
2020
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 4 days late
2019
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 15current ratio 21.66
Current ratio from 1.44 to 21.66; short-term debt falls from €84k to €1k.
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Le Roeulx · 1 establishment unit since 2015
Ground area
2,693 m²
Building footprint
131 m²
Parcel 55542C0431/00S000, Wallonia. Linked by address, not a title deed.
1 establishment unit
ALSO
since 20152.249.204.029
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55542C0431/00S000 | Wallonia | 2,693 m² | 1 · 131 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,218 companies in sector 82100 we hold annual accounts for 3,511. 2,442 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-12-2015
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
Contact
E-mail
olivier@vsthomas.beLe Roeulx
Phone
0477/425193Le Roeulx
Scores and ratios are computed by Checked and are not a credit decision.