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ALU CONSTRUCTION DEVELTERE

Active
Public limited companyfounded 1987active for 38 yearsZwaaikomstraat 22, 8800 Roeselare, BelgiumKBO/BCE: BE 0432.637.222
Summary

ALU CONSTRUCTION DEVELTERE has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.0m and a net result of €1.2m. Equity has been growing by about 10% per year since 2018. Its solvency ranks better than 80% of 2,445 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 07-12-1987 Normal situation
Activity
Joinery installation NACE 43320and 2 others
Joint committees
111 Paritair Comité voor de metaal-, machine- en elektrische bouw
209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid · annual accounts 2025
Establishment unit
2.032.049.337 8800 Roeselare, since 17-12-1987
Financial year end
31 December
Peppol
Reachable since 05-09-2024

Board and ownership

Board
  • BV DEAMO INTERNATIONALManaging director · permanent representative Cristof Develtere
  • Domani INV BVDirector · since 14-06-2022 · permanent representative Willem Develtere
  • Lieven DeveltereDirector · since 14-06-2022
Shareholders

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€3.9m
▼ 3.5%
Turnover
≈ €11.0m
estimated
Profit
€1.2m
▼ 10.6%
Equity
€4.0m
▼ 3.4%
Total assets
€5.9m
▼ 3.6%
Employees on 31-12-2025
33
▲ 3.1%
Score breakdownlowers riskLiquidity: current ratio 6.00, cash €1.1mFounded in 1987Size: 30.3 FTE, total assets €5.9mEquity €4.0m (68.5% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 72% of small companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 94+1
equity 68.5% of total assets
Liquidity 70+4
short-term debt 13.6% · cash 18.0%
Profitability 95-2
return on assets 20.6%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,649 companies, NACE 43, small)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025highest value 08-2025: < 0.1%▼ -0.2 percentage points vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €380,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.0 (5.95 in 2024), above the usual 1.5. Short-term debt is 13.6% and cash 18% of total assets. 31.5% of the assets are financed with debt and provisions.
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 43, small). It does better than 86% of them on solvency, 85% on liquidity, 93% on profitability and 23% 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

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 6.00, cash €1.1m
NBB · annual accounts
lowers risk · Founded in 1987
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: 30.3 FTE, total assets €5.9m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €4.0m (68.5% of total assets)
NBB · annual accounts
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 days early
2024
16 days early
2023
16 days early
2022
24 days early
2021
23 days early
2020
39 days early
2019
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 24 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 14 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 93% of companies in specialised constructionsector median €42,866 · 2,446 companies €1.2m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €1.2m 8 years View
  • Flemish supportawarded from 2022 to 2025 €191,404 View

Recent changes

  1. · Gazette deed Reappointment: Callens Vandelanotte NV (statutory auditor)Permanent representative: Cristof Develtere
  2. · Gazette deed Purpose · Amendment of the articles
  3. · Gazette deed Reappointments: Deamo International BV, Domani INV BV and Lieven DevelterePermanent representatives: Cristof Develtere and Willem Develtere
All 16 events

Comparable companies

These companies have the same main activity as ALU CONSTRUCTION DEVELTERE: joinery installation (NACE 43320). They are comparable in size and age: total assets between €3.6m and €6.9m, founded between 1982 and 1990.

CompanyTotal assetsGross margin
ALU CONSTRUCTION DEVELTERE Roeselare€5.9m€3.9m
DE LAERE DECOR Wevelgem€5.4m€3.0m
RAMEN DEXTERS Nieuwerkerken (Limb.)€6.9m€3.5m
VERHULST-DYNAMIC Ieper€5.0m€3.4m
VANDENBROUCKE WINDOW SOLUTIONS Wevelgem€3.6m€4.8m
JOS HEYLEN Hulshout€4.4m€3.5m
ADREM KEUKENS Eeklo€5.4m€2.6m
Full comparison

Key facts about ALU CONSTRUCTION DEVELTERE

What is the company number of ALU CONSTRUCTION DEVELTERE?
The company number of ALU CONSTRUCTION DEVELTERE is 0432.637.222. The VAT number is the same number with BE in front: BE 0432.637.222.
Where is ALU CONSTRUCTION DEVELTERE based?
The registered office is at Zwaaikomstraat 22, 8800 Roeselare.Company details
What does ALU CONSTRUCTION DEVELTERE do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of ALU CONSTRUCTION DEVELTERE?
The legal form of ALU CONSTRUCTION DEVELTERE is Public limited company (NV).
When was ALU CONSTRUCTION DEVELTERE founded?
ALU CONSTRUCTION DEVELTERE was founded on 07-12-1987.
Is ALU CONSTRUCTION DEVELTERE still active?
Yes, ALU CONSTRUCTION DEVELTERE is an active enterprise in the KBO register.
How many employees does ALU CONSTRUCTION DEVELTERE have?
ALU CONSTRUCTION DEVELTERE had an average of 30.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ALU CONSTRUCTION DEVELTERE fall under?
In its 2025 annual accounts, ALU CONSTRUCTION DEVELTERE states joint committees 111 (Paritair Comité voor de metaal-, machine- en elektrische bouw) and 209 (Paritair Comité voor de bedienden der metaalfabrikatennijverheid).
What is the turnover of ALU CONSTRUCTION DEVELTERE?
The turnover in financial year 2025 is ≈ €11.0m. This figure is estimated from the gross margin of €3.9m and 68 comparable companies (NACE 43). It probably lies between €8.3m and €15.0m. In financial year 2023 turnover was €10.0m.
Is ALU CONSTRUCTION DEVELTERE profitable?
In financial year 2025, ALU CONSTRUCTION DEVELTERE made a profit of €1.2m.
Where can I find the annual accounts of ALU CONSTRUCTION DEVELTERE?
ALU CONSTRUCTION DEVELTERE filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ALU CONSTRUCTION DEVELTERE due?
ALU CONSTRUCTION DEVELTERE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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