Alsodar Group
ActiveThe computed 12-month bankruptcy probability of Alsodar Group is 5.9% (elevated). The annual accounts of Alsodar Group for fiscal year 2025 show a net loss of 94% of the equity at the start of that year. The 2025 annual accounts show equity of €4k and a net result of €-60k. Equity is shrinking by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 16% of 4575 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
18
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-20
Solvency27▼-73
Growth32=
Track record100
Bankruptcy probability, 12 months
5.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.9 against 6.63 in 2024; short-term debt: 98.2% and cash: 0.6% of total assets), and 98.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
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 · 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
1.8%
Return on assets
-28.4%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
202122232425
2020 to 2025 · latest year €-60k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 4575 sector peers (2025).
NBB · sector comparisonPosition among 4575 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
29 d late
2024
40 d late
2023
73 d late
2022
439 d late
2021
30 d late
2020
18 d late
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€4k▼ 93.9%
2024 · €64k
2020: €72k
2021: €72k
2022: €70k
2023: €69k
2024: €64k
2020 → 2025
Total assets
€212k▲ 181%
2024 · €75k
2020: €75k
2021: €75k
2022: €75k
2023: €75k
2024: €75k
2020 → 2025
Net result
€-60k▼ 1,043%
2024 · €-5k
2020: €-3k
2021: €-241
2022: €-2k
2023: €-627
2024: €-5k
2020 → 2025
Working capital
€-20k
2024 · €64k
2020: €72k
2021: €72k
2022: €75k
2023: €70k
2024: €64k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€72k-€70k▼ 2.6%€69k▼ 0.9%€64k▼ 7.6%€4k▼ 93.9%
Operating result€-241-€-2k▼ 614%€-503▲ 70.8%€-5k▼ 917%€-60k▼ 1,068%
Net result€-241-€-2k▼ 664%€-627▲ 66.0%€-5k▼ 738%€-60k▼ 1,043%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €60k in 2025 against €5k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €212k
Fixed assets
€24k▲ 9,858%
Current assets
€188k▲ 150%
Equity and liabilities €212k
Equity
€4k▼ 93.9%
Debt
€208k▲ 1,735%
The debt ratio rises from 15.0% to 98.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-59k
Cash flow
€-59k
Solvency
1.8%▼
2024 · 85.0%
Current ratio
0.90▼
2024 · 6.63
Quick ratio
0.90▼
2024 · 6.63
Debt / equity
53.35▲
2024 · 0.18
ROA
-28.4%▼
2024 · -7.0%
Interest coverage
-84.75
Debt
€208k▲
2024 · €11k
Debt ≤ 1 year
€208k▲
2024 · €11k
Staff costs
€398k
A ratio outside any meaningful range has been withheld (balance sheet total €212k, equity €4k).
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€75k€212k▲
Fixed assets21/28€240€24k▲
Tangible fixed assets22/27-€5k
Furniture and vehicles24-€5k
Financial fixed assets28€240€19k▲
Current assets29/58€75k€188k▲
Amounts receivable within one year40/41€75k€186k▲
Trade receivables40-€107k
Other amounts receivable41€75k€79k▲
Cash at bank and in hand54/58€43€1k▲
Equity and liabilities
Total equity and liabilities10/49€75k€212k▲
Equity10/15€64k€4k▼
Contributions10/11€75k€75k=
Profit (loss) carried forward14€-11k€-71k▼
Amounts payable17/49€11k€208k▲
Amounts payable within one year42/48€11k€208k▲
Financial debts43€510-
Credit institutions430/8€510-
Trade debts44-€15k
Suppliers440/4-€15k
Taxes, remuneration and social security45-€192k
Taxes450/3-€98k
Remuneration and social security454/9-€95k
Other amounts payable47/48€11k-
Income statement
Code20242025
Remuneration, social security and pensions62-€398k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1k
Other operating charges640/8€2k€8k▲
Gross operating margin9900€-4k€348k▲
Operating profit (loss)9901€-5k€-60k▼
Financial income75/76B-€400
Recurring financial income75-€400
Financial charges65/66B€136€691▲
Recurring financial charges65€136€691▲
Profit (loss) for the period before taxes9903€-5k€-60k▼
Profit (loss) for the period9904€-5k€-60k▼
Profit (loss) for the period to be appropriated9905€-5k€-60k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-71k▼
Profit (loss) brought forward from the previous period14P€-6k€-11k▼
The notes to these accounts (8 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
2026
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-12
Financial
Weakest financial yearnet €-60k
Net result drops to €-60k, the lowest in the series.
09-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 40 days late
2024
12-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 73 days late
12-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 439 days late
2022
31-12
Financial
Liquidity times 7current ratio 147.17
Current ratio from 22.62 to 147.17; short-term debt falls from €3k to €510.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Evere · 1 establishment unit since 2020
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.
Jules Bordetlaan 131140 EvereGround area
7,038 m²
Building footprint
1,753 m²
Volume, LiDAR
12,057 m³
2 parcels, Brussels · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Solodar
since 20202.300.498.520
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21372B0037/00S000 | Brussels | 6,963 m² | 1 · 1,690 m² | 10.8 m · 2 fl. |
| 21364B0183/00H003 | Brussels | 75 m² | 1 · 63 m² | 17.8 m · 5 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.
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
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Of 12,606 companies in sector 49410 we hold annual accounts for 8,199. 2,349 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-03-2020
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.