ALU CONSTRUCT
ActiveSummary
ALU CONSTRUCT has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €165,649 and a net result of €11,923. Equity has been growing by about 12% per year since 2018. Its solvency ranks better than 83% of 1,238 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 08-02-2010 Normal situation
- Activity
- Manufacture of fabricated metal products, except machinery and equipment NACE 25120and 2 others
- Establishment unit
- 2.185.741.679 2840 Rumst, since 08-02-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Board and ownership
- SCHEERS KrisDirector · until 2023
- Holdings
- Shares in 1 company CAMBIUM
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €21,154
- ▼ 46.0%
- Turnover
- ≈ €150,000
- estimated
- Profit
- €11,923
- ▼ 48.8%
- Equity
- €165,649
- ▼ 0.9%
- Total assets
- €214,954
- ▲ 0.4%
Score breakdownraises riskSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskLiquidity: current ratio 2.88, cash €53,413Founded in 2010Equity €165,649 (77.1% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
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 25, micro). It does better than 90% of them on solvency, 74% on liquidity, 52% on profitability and 33% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 12 days after the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 31-07-2026 at the NBB all 15 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 48% lower than in 2024 and the lowest since 2021. It is the third fall in a row.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Manufacture of fabricated metal products, except machinery and equipment (NACE 25). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Guarantees given for others' debts | €75,000 | €75,000 | €75,000 | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €3,195 | - |
| Depreciation and write-downs of the year | €14,737 | €354 | €354 | €955 | €1,080 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as ALU CONSTRUCT: manufacture of fabricated metal products, except machinery and equipment (NACE 25120). They are comparable in size and age: total assets between €113,000 and €245,000, founded between 2007 and 2015.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| ALU CONSTRUCT Rumst | 2010 | €214,954 | €165,649 | €21,154 | €11,923 | 2025 |
| VW Vermeiren Willy Zandhoven | 2009 | €166,592 | -€48,498 | €19,806 | €6,281 | 2024 |
| INBA Genk | 2008 | €235,443 | €50,477 | €35,142 | €207 | 2025 |
| SOVALAS Westerlo | 2009 | €146,656 | €69,472 | €35,211 | €16,164 | 2025 |
| TRIPLAST Kapellen | 2011 | €112,958 | €69,711 | €20,502 | €195 | 2025 |
| SUN-ROLL INTERNATIONAL Aartselaar | 2015 | €141,588 | €60,806 | €18,927 | €8,681 | 2024 |
| GEVAS MONTAGE Stabroek | 2007 | €244,530 | €151,026 | €48,375 | -€34,707 | 2024 |
They were chosen from the 648 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 34,693 companies had the same profile as ALU CONSTRUCT has now. Two years later, 0.7% had gone bankrupt and 95.3% were still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of ALU CONSTRUCT itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 34,693 companies, not a prediction for ALU CONSTRUCT. 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €14,383 | €14,723 | €14,737 | €354 | €354 | €955 | €1,080 | ▲ 13.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €2,621 | -€2,621 | €0 | - | - | - |
| Other operating charges640/8 | - | - | - | €668 | €3,447 | €631 | €921 | €723 | ▼ 21.5% |
| Gross operating margin9900 | €9,723 | €42,975 | €17,865 | €40,363 | €48,437 | €46,216 | €39,187 | €21,154 | ▼ 46.0% |
| Operating profit (loss)9901 | €9,180 | €27,699 | €2,642 | €22,337 | €47,257 | €45,230 | €37,311 | €19,352 | ▼ 48.1% |
| Financial income75/76B | - | - | - | €0 | €75 | €0 | - | - | - |
| Recurring financial income75 | €151 | €0 | €29 | €0 | €75 | €0 | - | - | - |
| Financial charges65/66B | - | - | - | €2,111 | €1,365 | €1,019 | €1,385 | €168 | ▼ 87.8% |
| Recurring financial charges65 | €1,058 | €2,379 | €2,053 | €2,111 | €1,365 | €1,019 | €1,385 | €168 | ▼ 87.8% |
| Profit (loss) for the period before taxes9903 | €8,273 | €25,320 | €618 | €20,225 | €45,967 | €44,211 | €35,926 | €19,183 | ▼ 46.6% |
| Income taxes67/77 | €3,150 | €10,971 | €2,338 | €8,288 | €15,744 | €15,536 | €12,620 | €7,260 | ▼ 42.5% |
| Profit (loss) for the period9904 | €5,123 | €14,349 | -€1,720 | €11,937 | €30,223 | €28,675 | €23,307 | €11,923 | ▼ 48.8% |
| Profit (loss) for the period to be appropriated9905 | €5,123 | €14,349 | -€1,720 | €11,937 | €30,223 | €28,675 | €23,307 | €11,923 | ▼ 48.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €185,564 | €194,408 | €164,283 | €154,274 | €182,609 | €189,291 | €214,080 | €214,954 | ▲ 0.4% |
| Fixed assets21/28 | €75,000 | €103,766 | €90,815 | €76,078 | €75,723 | €75,369 | €77,609 | €76,529 | ▼ 1.4% |
| Tangible fixed assets22/27 | - | €28,766 | €15,815 | €1,078 | €723 | €369 | €2,609 | €1,529 | ▼ 41.4% |
| Furniture and vehicles24 | - | - | - | €1,078 | €723 | €369 | €2,609 | €1,529 | ▼ 41.4% |
| Financial fixed assets28 | €75,000 | €75,000 | €75,000 | €75,000 | €75,000 | €75,000 | €75,000 | €75,000 | = |
| Current assets29/58 | €110,564 | €90,642 | €73,468 | €78,196 | €106,886 | €113,922 | €136,471 | €138,424 | ▲ 1.4% |
| Amounts receivable after more than one year29 | - | - | - | - | - | - | - | €69,000 | - |
| Other amounts receivable291 | - | - | - | - | - | - | - | €69,000 | - |
| Amounts receivable within one year40/41 | €23,224 | €58,361 | €52,383 | €66,400 | €90,508 | €100,865 | €122,356 | €10,285 | ▼ 91.6% |
| Trade receivables40 | - | - | - | €66,400 | €90,508 | €25,865 | €51,976 | €10,285 | ▼ 80.2% |
| Other amounts receivable41 | - | - | - | €0 | - | €75,000 | €70,380 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €87,341 | €30,905 | €19,012 | €11,139 | €15,642 | €7,907 | €8,558 | €53,413 | ▲ 524% |
| Deferred charges and accrued income490/1 | - | - | - | €658 | €735 | €5,150 | €5,557 | €5,727 | ▲ 3.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €185,564 | €194,408 | €164,283 | €154,274 | €182,609 | €189,291 | €214,080 | €214,954 | ▲ 0.4% |
| Equity10/15 | €80,868 | €94,405 | €91,884 | €103,021 | €120,244 | €143,919 | €167,226 | €165,649 | ▼ 0.9% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €62,268 | €75,805 | €73,284 | €84,421 | €101,644 | €125,319 | €148,626 | €147,049 | ▼ 1.1% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €82,561 | €99,784 | €125,319 | €148,626 | €147,049 | ▼ 1.1% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €104,696 | €100,003 | €72,399 | €51,253 | €62,364 | €45,372 | €46,854 | €49,304 | ▲ 5.2% |
| Amounts payable after more than one year17 | €60,584 | €48,613 | €36,236 | €23,441 | €10,213 | €0 | - | - | - |
| Financial debts170/4 | - | - | - | €23,441 | €10,213 | €0 | - | - | - |
| Amounts payable within one year42/48 | €44,112 | €51,391 | €36,163 | €27,812 | €52,030 | €45,193 | €45,745 | €48,043 | ▲ 5.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €12,795 | €13,228 | €10,213 | €0 | - | - |
| Trade debts44 | €4,770 | €5,044 | €1,776 | €1,202 | €7,031 | €4,070 | €9,546 | €5,873 | ▼ 38.5% |
| Suppliers440/4 | - | - | - | €1,202 | €7,031 | €4,070 | €9,546 | €5,873 | ▼ 38.5% |
| Taxes, remuneration and social security45 | - | - | - | €5,542 | €15,822 | €11,720 | €13,319 | €14,095 | ▲ 5.8% |
| Taxes450/3 | - | - | - | €4,149 | €13,799 | €9,645 | €11,365 | €11,932 | ▲ 5.0% |
| Remuneration and social security454/9 | - | - | - | €1,393 | €2,024 | €2,075 | €1,954 | €2,163 | ▲ 10.7% |
| Other amounts payable47/48 | - | - | - | €8,273 | €15,949 | €19,189 | €22,881 | €28,075 | ▲ 22.7% |
| Accrued charges and deferred income492/3 | - | - | - | - | €121 | €179 | €1,109 | €1,261 | ▲ 13.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,123 | €14,349 | -€1,720 | €11,937 | €30,223 | €28,675 | €23,307 | €11,923 | ▼ 48.8% |
| + Depreciation and write-downs630 | - | €14,383 | €14,723 | €14,737 | €354 | €354 | €955 | €1,080 | ▲ 13.0% |
| Operating cash flow (approximation) | €5,123 | €28,731 | €13,002 | €26,674 | €30,578 | €29,029 | €24,262 | €13,003 | ▼ 46.4% |
| Investment in fixed assets (approximation) | - | -€43,149 | -€1,772 | €0 | €0 | €0 | -€3,195 | €0 | - |
| Change in cash | - | -€56,436 | -€11,893 | -€7,873 | €4,504 | -€7,735 | €651 | €44,855 | ▲ 69× |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-07-2026 | 2026-00386493 | NBB |
| 31-12-2024 | abbreviated format | 30-07-2025 | 2025-00362336 | |
| 31-12-2023 | abbreviated format | 26-07-2024 | 2024-00324474 | |
| 31-12-2022 | abbreviated format | 24-08-2023 | 2023-00348954 | |
| 31-12-2021 | abbreviated format | 26-08-2022 | 2022-20352643 | |
| 31-12-2020 | abbreviated format | 30-08-2021 | 2021-57200181 | |
| 31-12-2019 | micro format | 10-08-2020 | 2020-40100117 | |
| 31-12-2018 | micro format | 07-08-2019 | 2019-44500321 | |
| 31-12-2017 | micro format | 17-08-2018 | 2018-46800237 | |
| 31-12-2016 | micro format | 29-08-2017 | 2017-57400097 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 02-03-2023 Converted to unavailable equity · €18,600
- 02-03-2023 Converted to unavailable equity · €1,860
- 02-03-2023 Converted to uncalled contributions
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| SCHEERS Kris |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Vergoeding van bestuurders, algemene vergadering beslist al dan niet ten kosteloze titel”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Algemene vergadering kan één of meerdere vereffenaars aan duiden, hun bevoegdheden omlijnen en hun vergoeding bepalen, indien geen andere…”
Articles of association, deed of 02-03-2023 (in Dutch)
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- Sourceown accounts 2025Equity €563,764 Profit of €41,205 in 2025 (profit of €51,263 in 2024) Checked score 9750%
Companies at the same address
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- Van Linden, Evelyne (sole trader) Establishment · since 2020 0740607470
- Vincx, Eveline (sole trader) Establishment · since 2020 0740607767
- CAMBIUM Registered office · since 2008 0899590767
- Antwerpse Mini Snooker Federatie Registered office · since 1989 0442209439
Connections & network
1 connected companyThe connected companies are in the list below.
Timeline
Acts, filings and financial milestones
02-03
Gazette deed
Change of role: SCHEERS Kris, from manager to directorLegal-form conversion · Capital conversion · Reserve release12 points ▸
- General meeting, 24-02-2023
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch), mentioned 2 times in the deed
- Capital conversion, “eigen vermogensrekening 'niet-opgevraagde inbrengen'” (deed in Dutch)
- Reserve release, “opheffen, middelen beschikbaar te maken voor uitkering” (deed in Dutch)
- Director resignation, SCHEERS Kris (manager)
- Director appointment, SCHEERS Kris (director (not named in the articles))
- General meeting, “kwijting aan de ontslagnemende zaakvoerder, op de volgende jaarvergadering” (deed in Dutch)
- Amendment of the articles
- Capital
- Other provision, “coordination mandate, opdracht om de coördinatie van de statuten op te maken en te ondertekenen” (deed in Dutch)
- Power of attorney, Crowe Spark Accountants en Belastingadviseurs Unnu
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
14 activities
- Het vervaardigen, bewerken, monteren of plaatsen, het afbreken en vervangen, groot- en kleinhandel, de in- en de uitvoer van alle metalen, non-ferro metalen en in het bijzonder van almininium, PVC, plastiek en andere metalen en niet-metalen schrijnwerk of timmerwerk, evenals het plaatsen, verwerken en bewerken van ruiten en ramen, glas, spiegelglas, gekleurde ramen, alle doorschijnende en doorzichtige materialen.
- De groot- en kleinhandel in producten van metaal, plastiek, aluminium, hout en recuperatiemateriaal, alsook aanverwante onderhoudsproducten en goederen van alle aard.
- Het vervaardigen en plaatsen van veranda’s, zonneweringen, rolluiken, vliegenramen en alle andere constructies in aluminium, PVC, plastiek, hout of aanverwante materialen.
- Opslag en overslag in magazijnen zowel voor eigen rekening als voor rekening van derden.
- Het bevorderen van de oprichting van vennootschappen door inbreng, participaties of investering.
- Het toestaan van leningen en kredietopeningen aan vennootschappen of particulieren, onder om het even welk vorm; in dit kader kan zij zich ook borg stellen of haar aval verlenen, in de meest ruime zin, alle handels- en financiële operaties verrichten behalve de wettelijk voorbehouden zijn aan depositobanken, houders van deposito’s op korte termijn, spaarkassen, hypotheekmaatschappijen en kapitalisatieondernemingen;
- Het verlenen van adviezen van financiele, technische, commerciele, juridische of administratieve aard; in de meest ruime zin, met uitzondering van adviesverschaffing inzake beleggingen en geldplaatsingen; bijstand en diensten verlenen, rechtstreeks of onrechtstreeks op het vlak van administratie en financien, verkoop, productie, personeelszaken en algemeen structuur; het verlenen van alle dienstprestaties en het uitvoeren van alle opdrachten onder de vorm van organisatiestudies, expertises, technische handelingen en raadgevingen of andere op eender welk vlak binnen het voorwerp;
- Het waarnemen van alle bestuursopdrachten in andere rechtspersonen, het uitoefenen van opdrachten en functies die rechtstreeks of onrechtstreeks met het voorwerp verband houden;
- Het ontwikkelen, kopen, verkopen, in licentie nemen of geven van octrooien en brevetten, knowhow en aanverwante immateriele duurzame activa;
- De aan- en verkoop, in- en uitvoer, commissiehandel en vertegenwoordiging van om het even welke goederen, in het kort tussenpersoon in de handel;
- Het verwerven door inschrijving of aankoop en het beheren van aandelen, obligaties, kasbons of andere roerende waarden, van welke vorm ook, van Belgische of buitenlandse, bestaande of nog op te richten vennootschappen en het beheer van een roerend vermogen.
- De samenstelling en het beheer van een onroerend vermogen en de huurfinanciering van onroerende goederen aan derden, het verwerven door aankoop of anderszins, het verkopen, het ruilen, het bouwen, het verbouwen, het verbeteren, het uitrusten, het aanpassen, het verfraaien, het onderhouden, het verhuren, het huren, het verkavelen, het prospecteren en het uitbaten van onroerende goederen, evenals alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de uitbreiding en de opbrengst van de onroerende goederen te bevorderen, evenals zich borg stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze onroerende goederen;
- I. Voor eigen rekening, voor rekening van derden, of in deelneming met derden, bijdragen tot de vestiging en de ontwikkeling van ondernemingen en inzonderheid:
- II. Voor eigen rekening:
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0822.989.075
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11036A0006/00F004 | Flanders | 291 m² | - | - |