Liquidity
Short-term debts rose from €4,485 to €6,763.
Short-term debts rose from €4,485 to €6,763.
The 2016 accounts came latest: 28 days after the end of the period.
Less equity than 85% of companies in office administrative support. Sector median €974,903 · 1,168 companies.
The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 82, micro). It does better than 88% of them on solvency, 91% on liquidity, 13% on profitability and 27% on growth.
The bankruptcy probability was computed on 09-11-2026 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).
In July 2024, 6,908 companies had the same profile as ALSO has now. Each dot stands for 18 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ALSO itself: 0.1% within 12 months.
The method was tested on the 497,447 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.
| 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 6,908 companies, not a prediction for ALSO. 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.
Liquidity is ample, with a current ratio of 6.26 (9.79 in 2024), above the usual 1.5. Short-term debt is 15.2% and cash 94.9% of total assets. 24.1% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 14 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| ALSO Le Roeulx | €44,579 | -€2,138 | 75.9% | - |
| Atout Gestion Tournai | €45,438 | -€16,881 | 55.1% | - |
| UPVOTE Woluwe-Saint-Pierre | €45,180 | -€4,506 | -37.6% | - |
| KENN&TH Sint-Gillis-Waas | €39,705 | €257 | 41.6% | - |
| KALIEMEROO Mechelen | €39,046 | -€2,446 | 76.4% | - |
| Qonsist Landen | €53,147 | -€1,577 | 78.5% | - |
| Monjoi Kortrijk | €54,764 | -€4,887 | -272.8% | - |
These companies have the same main activity as ALSO: office administrative and support services (NACE 82100). They are comparable in size and age: total assets between €39,000 and €54,800, founded between 2015 and 2016.
Solvency fell in 2025 from 81.5% to 75.9% because of the loss.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover: not included in this filing.
Higher than 76% of 1,168 companies in 2025.
Higher than 86% of 1,125 companies in 2025.
Higher than 10% of 1,157 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||
20/58 |
44,579 | 45,950 | 35,875 | 28,412 | 30,896 | 33,182 | 121,383 | 114,818 | 110,440 | |
21/28 |
2,252 | 2,035 | 2,912 | - | 246 | 1,098 | 1,187 | 363 | 363 | |
22/27 |
2,252 | 2,035 | 2,912 | - | 246 | 535 | 824 | - | - | |
24 |
2,252 | 2,035 | 2,912 | - | 246 | 535 | 824 | - | - | |
28 |
- | - | - | - | - | 563 | 363 | 363 | 363 | |
29/58 |
42,327 | 43,915 | 32,963 | 28,412 | 30,650 | 32,084 | 120,197 | 114,455 | 110,077 | |
29 |
- | - | - | 73 | - | - | 80,000 | 80,000 | 80,000 | |
290 |
- | - | - | 73 | - | - | - | - | - | |
291 |
- | - | - | - | - | - | 80,000 | 80,000 | 80,000 | |
40/41 |
31 | 2,157 | 4,842 | 607 | 607 | 11,709 | 39,098 | 29,115 | 25,694 | |
40 |
- | 1,775 | 4,235 | - | - | 5,445 | 35,425 | 25,469 | 25,694 | |
41 |
31 | 382 | 607 | 607 | 607 | 6,264 | 3,673 | 3,646 | - | |
54/58 |
42,296 | 41,758 | 28,122 | 27,733 | 30,043 | 20,375 | 1,098 | 5,340 | 4,383 | |
| Balance sheet: equity and liabilities | ||||||||||
10/49 |
44,579 | 45,950 | 35,875 | 28,412 | 30,896 | 33,182 | 121,383 | 114,818 | 110,440 | |
10/15 |
33,816 | 37,465 | 27,620 | 25,877 | 28,360 | 31,701 | 37,666 | 26,150 | 21,942 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
10 |
- | - | - | 6,200 | - | - | - | - | - | |
100 |
- | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
30,759 | 30,759 | 30,759 | 31,466 | 31,466 | 31,466 | 31,466 | 19,950 | 15,742 | |
130/1 |
- | - | - | - | 1,860 | - | - | - | - | |
130 |
- | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
133 |
30,759 | 30,759 | 30,759 | 31,466 | 29,606 | 29,606 | 29,606 | 18,090 | 13,882 | |
14 |
-3,143 | 506 | -9,339 | -11,790 | -9,306 | -5,966 | - | - | - | |
17/49 |
10,763 | 8,485 | 8,255 | 2,536 | 2,536 | 1,481 | 83,717 | 88,669 | 88,498 | |
17 |
4,000 | 4,000 | 4,000 | - | - | - | - | - | - | |
178/9 |
4,000 | 4,000 | 4,000 | - | - | - | - | - | - | |
42/48 |
6,763 | 4,485 | 4,255 | 2,536 | 2,536 | 1,481 | 83,717 | 88,669 | 88,498 | |
43 |
- | - | - | - | - | - | 80,000 | 80,000 | 80,000 | |
430/8 |
- | - | - | - | - | - | - | - | 80,000 | |
439 |
- | - | - | - | - | - | 80,000 | 80,000 | - | |
44 |
45 | - | - | - | - | - | 1,571 | 2,225 | 1,844 | |
440/4 |
45 | - | - | - | - | - | 1,571 | 2,225 | 1,844 | |
45 |
129 | 1,043 | 1,617 | - | - | - | 2,049 | 6,347 | 6,557 | |
450/3 |
129 | 1,043 | 1,617 | - | - | - | 2,049 | 6,347 | 6,557 | |
47/48 |
6,589 | 3,442 | 2,638 | 2,536 | 2,536 | 1,481 | 97 | 97 | 97 | |
| Income statement | ||||||||||
9900 |
-2,138 | 12,221 | 6,545 | -2,005 | -3,735 | -2,723 | 19,257 | 9,054 | 25,361 | |
630 |
1,075 | 877 | 596 | 246 | 289 | 289 | 332 | - | - | |
631/4 |
- | - | - | - | - | 500 | - | - | - | |
640/8 |
205 | 203 | 50 | - | - | - | - | - | - | |
9901 |
-3,418 | 11,141 | 5,900 | -2,251 | -4,024 | -3,512 | 18,925 | 9,054 | 25,361 | |
75/76B |
19 | - | 268 | - | 971 | - | - | - | - | |
75 |
19 | - | 268 | - | 971 | - | - | - | - | |
65/66B |
228 | 253 | 240 | 233 | 288 | 2,214 | 2,732 | 2,543 | 2,235 | |
65 |
228 | 253 | 240 | 233 | 288 | 2,214 | 2,732 | 2,543 | 2,235 | |
9903 |
-3,627 | 10,888 | 5,928 | -2,483 | -3,341 | -5,726 | 16,193 | 6,510 | 23,127 | |
67/77 |
22 | 1,043 | - | - | - | 240 | 4,676 | 2,303 | 7,385 | |
9904 |
-3,649 | 9,845 | 5,928 | -2,483 | -3,341 | -5,966 | 11,517 | 4,208 | 15,742 | |
9905 |
-3,649 | 9,845 | 5,928 | -2,483 | -3,341 | -5,966 | 11,517 | 4,208 | 15,742 | |
| Appropriation of the result | ||||||||||
9906 |
-3,143 | 506 | -9,339 | -11,790 | -9,306 | -5,966 | 11,517 | 4,208 | 15,742 | |
14P |
506 | -9,339 | -15,266 | -9,306 | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | 11,517 | 4,208 | 15,742 | |
6920 |
- | - | - | - | - | - | - | - | 1,860 | |
6921 |
- | - | - | - | - | - | 11,517 | 4,208 | 13,882 | |
| Document | ||||||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 01-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 01-06-2026 | 2026-00129353 | |
| 31-12-2024 | full format | 25-08-2025 | 2025-00398429 | |
| 31-12-2023 | full format | 05-07-2024 | 2024-00214440 | |
| 31-12-2021 | full format | 10-08-2022 | 2022-20292286 | |
| 31-12-2020 | full format | 10-08-2021 | 2021-47600267 | |
| 31-12-2019 | full format | 04-08-2020 | 2020-39600318 | |
| 31-12-2018 | full format | 03-06-2019 | 2019-15600435 | |
| 31-12-2017 | full format | 12-06-2018 | 2018-18100598 | |
| 31-12-2016 | full format | 28-08-2017 | 2017-50000242 |
| Line | Trend | 2025 | 2024 | 2023 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| -2,343 | 12,018 | 6,495 | -2,005 | -3,735 | -3,223 | 19,257 | - | - | ||
| -2,574 | 10,722 | 6,524 | -2,238 | -3,052 | -5,677 | 11,849 | - | - | ||
| 1,292 | 0 | 3,508 | 0 | -563 | 200 | 1,156 | - | 363 | ||
| 538 | 13,637 | - | -2,311 | 9,668 | 19,277 | -4,242 | 957 | - | ||
| 35,564 | 39,430 | 28,708 | 25,877 | 28,114 | 30,603 | 36,480 | 25,787 | 21,579 | ||
| 75.9% | 81.5% | 77.0% | 91.1% | 91.8% | 95.5% | 31.0% | 22.8% | 19.9% | ||
| 6.26 | 9.79 | 7.75 | 11.21 | 12.09 | 21.66 | 1.44 | 1.29 | 1.24 | ||
| 0.32 | 0.23 | 0.30 | 0.10 | 0.09 | 0.05 | 2.22 | 3.39 | 4.03 | ||
| -10.8% | 26.3% | 21.5% | -9.6% | -11.8% | -18.8% | 30.6% | 16.1% | 71.7% | ||
| -8.2% | 21.4% | 16.5% | -8.7% | -10.8% | -18.0% | 9.5% | 3.7% | 14.3% | ||
| -10.27 | 47.48 | 27.11 | -8.62 | - | - | - | - | - |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2021 |
|---|---|---|---|---|
| Tangible fixed assets | €1,292 | - | €3,508 | - |
| €1,075 | €877 | €596 | €246 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €3,418, after a profit of €11,141 in 2024. It is the lowest result since 2020.
Debt's share of the balance-sheet total rises from 18.5% to 24.1%. Equity is lower and debt is higher.
ALSO has no parent and no holdings in its annual accounts. THOMAS Olivier Claude Bruno is the only director. ALSO shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Rue Mont Coupé 34 registered office 7070 Le Roeulx | 22-12-2015 | 2.249.204.029 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 55542C0431/00S000 | 2,693 m² | 1 · 131 m² | 10.9 m · 3 |
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