Skip to content

ALSPABRO

Active
Public limited companyfounded 20169 yrs activeAssesteenweg 96, 1740 Ternat, BelgiumKBO/BCE: BE 0666.744.148
Summary

The computed 12-month bankruptcy probability of ALSPABRO is 1.5% (moderate). The 2024 annual accounts show negative equity (-€87,758) and a net result of -€27,934. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

What they do
Activity not known1 site
How big
€37,500turnover 2024
Equity
-€87,758
Loss
-€27,934
Financially healthy?
44 Weak Checked score 2024
Bankruptcy chance 12 m
1.5%
Who decides
Parent
G.A.B.CONTROLE HOLDING · 99%
Board
2 members
Accounts 62 d overdue2 of 4 deeds read
Why 44- No NACE activity registered- Annual accounts: weaker financial profile- Negative equity- Filed more than 90 days late+ Lower-risk legal formShow the evidence

Checked score

Score 2024
44 / 100
Weak
Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability68▲+60
Solvency17▼-3
Growth58▲+25
Track record100
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 1.66 against 1.59 in 2023; short-term debt: 4.6% and cash: 1.2% of total assets), but equity is negative.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2024
Solvency, return and age of the figures
Solvency
-7.5%
Return on assets
-2.4%
Age of the figures
21 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€87,758
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-11-2025, 119 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 8 filings
Deviation from the deadline
2025
not confirmed
2024
119 d late
2023
50 d late
2022
19 d late
2021
27 d early
2020
9 d early
2019
11 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 24 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Appointment: Eva T'Kint (director)Resignation: GAB MANAGEMENT (director)
  2. Resignation: BV GAB MANAGEMENT (director)Appointment: Alain Broekaert (director)
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Financials

Fiscal year 2024Turnover €37,500Loss -€27,934Solvency -7.5%Liquidity 1.66
Turnover
€37,500▲ 56.3%
2018 - 2024
Net result
-€27,934▲ 52.3%
2018 - 2024
Equity
-€87,758▼ 46.7%
2018 - 2024
Solvency
-7.5%▼ 2.5pp
2018 - 2024

Financials · fiscal year 2024, abbreviated schema

Trend over the years7 fiscal years
Trend over the years
In euros
In per cent
In euros
No line ticked in this group.
In per cent
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€0.02m€0.04m▲ 56.3%
Operating result-€0.03m▲ 22.4%-€0.04m▼ 29.1%€0.03m-€0.04m-€0.03m▲ 36.9%
Net result-€0.03m▲ 64.2%-€0.04m▼ 29.3%€0.03m-€0.06m-€0.03m▲ 52.3%
EBIT margin-183.0%-73.9%▲ 109.0pp
Equity€0.006m▼ 84.3%-€0.03m-€0.001m▲ 96.4%-€0.06m▼ 4,828%-€0.09m▼ 46.7%
Total assets€1.2m▼ 2.7%€1.2m▼ 2.7%€1.2m▲ 4.9%€1.2m▼ 4.7%€1.2m▼ 1.8%
Debt€1.2m▼ 0.3%€1.2m▲ 0.6%€1.2m▲ 2.0%€1.2m=€1.3m▲ 0.6%
Working capital-€0.04m▲ 5.0%-€0.04m=€0.03m€0.03m▼ 17.3%€0.04m▲ 23.4%
Result and balance sheet2024
Result per fiscal year
Operating resultNet result
-€75,000-€50,000-€25,000€0€25,000Operating result 2020: -€30,375-€30,375Net result 2020: -€30,672-€30,672Operating result 2021: -€39,216-€39,216Net result 2021: -€39,664-€39,664Operating result 2022: €32,914€32,914Net result 2022: €32,735€32,735Operating result 2023: -€43,918-€43,918Net result 2023: -€58,610-€58,610Operating result 2024: -€27,729-€27,729Net result 2024: -€27,934-€27,93420202021202220232024-€75,000-€50,000-€25,000€0€25,000Operating result 2022: €32,914€32,900Net result 2022: €32,735€32,700Operating result 2023: -€43,918-€43,900Net result 2023: -€58,610-€58,600Operating result 2024: -€27,729-€27,700Net result 2024: -€27,934-€27,900202220232024
The operating result stays negative: a loss of €27,729 in 2024 against €43,918 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.2m
Fixed assets €1.1m ▼ 3.0%
Current assets €88,614 ▲ 15.5%
Equity and liabilities
Equity-€87,758
Debt€1.3m
Equity is negative: debt (€1.3m) exceeds the balance-sheet total (€1.2m).
Key figures and ratios2024
Key figures and ratios
2024 value · change against 2023
EBITDA
€4,938▲
2023 · -€11,251
Cash flow
€4,733▲
2023 · -€25,943
Solvency
-7.5%▼
2023 · -5.1%
Current ratio
1.66▲
2023 · 1.59
ROA
-2.4%▲
2023 · -5.0%
Interest coverage
24.08▲
2023 · -14.37
Debt ≤ 1 year
€53,543▲
2023 · €48,311
Debt > 1 year
€1.2m▲
2023 · €1.2m
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,167 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 95% are still going.

  • Small
  • 5 to 10 years old
  • negative equity
  • a small loss
2.0% went bankrupt
2.8% stopped otherwise
95% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.5% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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% 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 1,167 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.

Filed annual accountsfiscal year 2024
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 36 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.2m€1.2m▼
Fixed assets21/28€1.1m€1.1m▼
Tangible fixed assets22/27€1.1m€1.1m▼
Land and buildings22€1.1m€1.1m▼
Plant, machinery and equipment23€0.003m€0.003m▼
Current assets29/58€0.08m€0.09m▲
Amounts receivable within one year40/41€0.07m€0.07m▲
Other amounts receivable41€0.07m€0.07m▲
Cash at bank and in hand54/58€0.005m€0.01m▲
Deferred charges and accrued income490/1€0.003m€0.006m▲
Equity and liabilities
Total equity and liabilities10/49€1.2m€1.2m▼
Equity10/15-€0.06m-€0.09m▼
Contributions10/11€0.2m€0.2m=
Capital10€0.2m€0.2m=
Issued capital100€0.2m€0.2m=
Profit (loss) carried forward14-€0.3m-€0.3m▼
Amounts payable17/49€1.2m€1.3m▲
Amounts payable after more than one year17€1.2m€1.2m▲
Other amounts payable178/9€1.2m€1.2m▲
Amounts payable within one year42/48€0.05m€0.05m▲
Trade debts44€0.05m€0.05m▲
Suppliers440/4€0.05m€0.05m▲
Income statement Code20232024
Turnover70€0.02m€0.04m▲
Goods, raw materials, services and sundry goods60/61€0.03m€0.03m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.03m€0.03m=
Other operating charges640/8€0.001m€0.006m▲
Gross operating margin9900-€0.01m€0.01m▲
Operating profit (loss)9901-€0.04m-€0.03m▲
Financial charges65/66B€0.001m€205▼
Recurring financial charges65€0.001m€205▼
Profit (loss) for the period before taxes9903-€0.04m-€0.03m▲
Income taxes67/77€0.01m-
Profit (loss) for the period9904-€0.06m-€0.03m▲
Profit (loss) for the period to be appropriated9905-€0.06m-€0.03m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.3m-€0.3m▼
Profit (loss) brought forward from the previous period14P-€0.2m-€0.3m▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70---€24,000€37,500▲ 56.3%
Non-recurring operating income76A--€68,743---
Goods, raw materials, services and sundry goods60/61-€27,146€25,815€34,260€26,187▼ 23.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32,667€32,667€32,667€32,667€32,667=
Other operating charges640/8-€3,403€1,347€991€6,375▲ 543%
Gross operating margin9900€5,746-€3,146€66,928-€10,260€11,313▲ 210%
Operating profit (loss)9901-€30,375-€39,216€32,914-€43,918-€27,729▲ 36.9%
Financial charges65/66B-€447€178€783€205▼ 73.8%
Recurring financial charges65€297€447€178€783€205▼ 73.8%
Profit (loss) for the period before taxes9903-€30,672-€39,664€32,735-€44,701-€27,934▲ 37.5%
Income taxes67/77---€13,909--
Profit (loss) for the period9904-€30,672-€39,664€32,735-€58,610-€27,934▲ 52.3%
Profit (loss) for the period to be appropriated9905-€30,672-€39,664€32,735-€58,610-€27,934▲ 52.3%
Line20202021202220232024Change
Assets
Total assets20/58€1.2m€1.2m€1.2m€1.2m€1.2m▼ 1.8%
Fixed assets21/28€1.2m€1.2m€1.1m€1.1m€1.1m▼ 3.0%
Tangible fixed assets22/27€1.2m€1.2m€1.1m€1.1m€1.1m▼ 3.0%
Land and buildings22-€1.2m€1.1m€1.1m€1.1m▼ 2.9%
Plant, machinery and equipment23-€0.005m€0.004m€0.003m€0.003m▼ 25.0%
Current assets29/58€0.01m€0.01m€0.1m€0.08m€0.09m▲ 15.5%
Amounts receivable within one year40/41--€0.07m€0.07m€0.07m▲ 0.9%
Other amounts receivable41--€0.07m€0.07m€0.07m▲ 0.9%
Cash at bank and in hand54/58€0.01m€0.01m€0.03m€0.005m€0.01m▲ 173%
Deferred charges and accrued income490/1-€0.002m€0.002m€0.003m€0.006m▲ 85.8%
Equity and liabilities
Total equity and liabilities10/49€1.2m€1.2m€1.2m€1.2m€1.2m▼ 1.8%
Equity10/15€0.006m-€0.03m-€0.001m-€0.06m-€0.09m▼ 46.7%
Contributions10/11€0.2m€0.2m€0.2m€0.2m€0.2m=
Capital10-€0.2m€0.2m€0.2m€0.2m=
Issued capital100-€0.2m€0.2m€0.2m€0.2m=
Profit (loss) carried forward14-€0.2m-€0.2m-€0.2m-€0.3m-€0.3m▼ 10.8%
Amounts payable17/49€1.2m€1.2m€1.2m€1.2m€1.3m▲ 0.6%
Amounts payable after more than one year17€1.2m€1.2m€1.2m€1.2m€1.2m▲ 0.2%
Other amounts payable178/9-€1.2m€1.2m€1.2m€1.2m▲ 0.2%
Amounts payable within one year42/48€0.05m€0.05m€0.07m€0.05m€0.05m▲ 10.8%
Trade debts44€0.05m€0.05m€0.07m€0.05m€0.05m▲ 10.8%
Suppliers440/4-€0.05m€0.07m€0.05m€0.05m▲ 10.8%
Line20202021202220232024Change
Profit (loss) for the period9904-€30,672-€39,664€32,735-€58,610-€27,934▲ 52.3%
+ Depreciation and write-downs630€32,667€32,667€32,667€32,667€32,667=
Operating cash flow (approximation)€1,995-€6,997€65,402-€25,943€4,733▲ 118%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€2,209€21,322-€26,225€8,708▲ 133%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Board & ownership

2 directorsParent G.A.B.CONTROLE HOLDING · 99%

Directors

Directors
2 directors, last change in 2026
Alain Broekaert
Director · since 27-03-2026
Current
Eva T'Kint
Director · since 11-08-2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
2 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.

Mandate history

3 people since 2026, 2 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Alain Broekaert
  • Director, from 27-03-2026 to date
Eva T'Kint
  • Director, from 11-08-2026 to date
GAB MANAGEMENT
  • Director, until 27-03-2026
  • Director, until 27-03-2026
See the board, name and seat on a given date →

Structure & network

Part of the group G.A.B.CONTROLE HOLDING 11 companies Group, risk and exposure

Owners and holdings

1 owner

Chain of control

  1. G.A.B.CONTROLE HOLDING 99%
  2. ALSPABRO

Highest known parent: G.A.B.CONTROLE HOLDING. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

5 connected companies
Linked via shared directors
ALBRO
via Alain Broekaert · Director
→
ALTO
via Alain Broekaert · Director
→
→
Show 1 more companies with a shared director
→

Timeline

13 eventsLatest 21-08-2026

History

On 28 November 2016, ALSPABRO was incorporated.1 Of the 2 current board members, Alain Broekaert has served longest, since 2026.2 Revenue went from €24,000 in 2018 to €37,500 in 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 24-04-2026
  3. 3National Bank, annual accounts 2018 and 2024

Acts, filings and financial milestones

2026
21-08
State Gazette act Appointment: Eva T'Kint (director)
Resignation: GAB MANAGEMENT (director)4 facts ▸
  • Board meeting, coöptatie bestuurder, artikel 7:88 WVV
  • Director appointment, Eva T'Kint (director)
  • Director resignation, GAB MANAGEMENT (director)
  • Board composition, collegaal en gezamenlijk, 11-08-2026
24-04
State Gazette act Resignation: BV GAB MANAGEMENT (director)
Appointment: Alain Broekaert (director)3 facts ▸
  • General meeting, 27-03-2026
  • Director resignation, BV GAB MANAGEMENT (director)
  • Director appointment, Alain Broekaert (director)
2025
27-11
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 119 days late
2024
19-09
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 50 days late
2023
19-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 19 days late
2022
31-12
Financial Back to profitnet €32,735
Net result €32,735 after 4 loss-making years.
31-12
Financial Liquidity times 6current ratio 1.51
Current ratio from 0.24 to 1.51.
04-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
20-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Weakest financial yearnet -€85,634
Net result drops to -€85,634, the lowest in the series; recovery starts the following year.
22-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
09-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 4 acts read
About the unread acts

Of the 4 Belgian State Gazette acts we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Company details

Public limited company · founded 28-11-2016Year ends 31-12Peppol reachable1 site

Register details

Identification
Legal formPublic limited company
Founded28-11-2016
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0666744148
Registered 05-08-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Articles of association

Who signs
“Het mandaat van mevrouw Eva T'Kint gaat in op heden 11 augustus 2026 en wordt verleend voor onbepaalde duur. Het mandaat is onbezoldigd. Met ingang van heden beschikt mevrouw Eva T'Kint over de volle bestuurs- en vertegenwoordigingsbevoegdheid overeenkomstig de wet en de statuten van de…”
Full text

Het mandaat van mevrouw Eva T'Kint gaat in op heden 11 augustus 2026 en wordt verleend voor onbepaalde duur. Het mandaat is onbezoldigd. Met ingang van heden beschikt mevrouw Eva T'Kint over de volle bestuurs- en vertegenwoordigingsbevoegdheid overeenkomstig de wet en de statuten van de Vennootschap. Zij treedt toe tot het bestuursorgaan, dat vanaf heden weer voltallig samengesteld is en rechtsgeldig collegiaal en gezamenlijk kan optreden. Overeenkomstig artikel 7:88 WVV zal dit coöptatiebesluit ter bevestiging worden voorgelegd aan de eerstvolgende (buitengewone) algemene vergadering van aandeelhouders van de Vennootschap.

Sites & property

Location & real-estate footprint
Registered office, Ternat · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
3,080 m²
Building footprint
251 m²
Volume, LiDAR
2,462 m³
Parcel 23086A0480/00Z000, Flanders · tallest building 15.4 m, ±4 floors. Linked by address, not a title deed.
24 companies at this address See who is registered here
1 establishment unit
ALSPABRO
Assesteenweg 96, 1740 TernatWholesale trade
since 2017unit no. 2.267.143.782
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23086A0480/00Z000 Flanders 3,080 m² 1 · 251 m² 15.4 m · 4 fl.
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.

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.