Equity
€332,780 from €692,511 in 2023
Equity fell by 52% in 2 years.
ALU DECOR
Lifetime
19 annual accounts with figures on one time axis, 26 filings since 1999peak €944,343 (2012)
€283,341▼ 51.2%
peak €146,039 (2019)
€13,723▼ 48.3%
peak €692,511 (2023)
€332,780▲ 4.3%
€359,548▼ 59.1%
peak 15.5 FTE (2011)
4.2 FTE▼ 30.0%
Board2 names since 2018
2 directorsXira and 1 other
Owners2 names in the annual accounts
66.53%Xira
Documentsfilings and deeds
16-12-202546 days before the deadline
2025abbreviated format
Gross margin from €580,367 to €283,341Result from €26,546 to €13,723Staff from 6 FTE to 4.2 FTEDebts from €878,299 to €359,548Cash from €176,229 to €121,168
Key points
from the 2025 annual accountsChecked score
90
Excellent
Financially stronger than 48% of micro companies in fabricated metal products (NACE 25)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 3,707 companies (NACE 25, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025highest value
01-2026: 0.2%▼ -0.2 percentage points vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
lowers risk
Liquidity: current ratio 1.87, cash €121,168
Founded in 1998
Equity €332,780 (48.1% of total assets)
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 52% of them on solvency, 50% on liquidity, 41% on profitability and 48% on growth.
The bankruptcy probability was computed on 06-11-2026 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 30-06-2025.
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).
Comparable companies, two years later
In July 2024, 17,041 companies had the same profile as ALU DECOR has now. Each dot stands for 43 companies, two years later.
94.3%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ALU DECOR itself: 0.2% within 12 months.
Test of the method
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 17,041 companies, not a prediction for ALU DECOR. 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.
Credit verdict
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.87 (1.23 in 2024), above the usual 1.5. Short-term debt is 40% and cash 17.5% of total assets. However, 51.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-12-2025, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 days early
2024
50 days early
2023
19 days early
2022
40 days early
2021
46 days early
2020
41 days early
2019
21 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 38 days before 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)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 16 December (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end07-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0463248838
Company renamed from ALU DECOR Aluminium Schrijnwerk to ALU DECOR
Reappointments: Sofie COUDYZER (director) and Xira (director) · Permanent representative: Kris ACX · General meeting of 11-12-2023 · Gazette deed
Registered office moved within Wevelgem
New registered office: Vliegveld 39, 8560 Wevelgem · Previous registered office: Vliegveld 33, 8560 Wevelgem · Permanent representative: Kris Acx · Gazette deed
First establishment
ALU DECOR Aluminium Schrijnwerk - Firebuilding, Vliegveld 39, Wevelgem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ALU DECOR Wevelgem | €0.7m | €283,341 | 48.1% | 4.2 |
| ARCADE - CONCEPT Lincent | €0.5m | €260,636 | 48.7% | 5 |
| HAUDESTAINE Grâce-Hollogne | €0.5m | €263,056 | 35.5% | 3.9 |
| IDEM CONSTRUCT Oudenaarde | €0.6m | €307,329 | 62.9% | 3.3 |
| ATALU Ath | €0.6m | €303,368 | 28.3% | 6 |
| KEMPENEERS - BIESMANS Heusden-Zolder | €1.0m | €353,906 | 34.3% | 4.6 |
| JAPO HEKWERKEN Hechtel-Eksel | €0.8m | €338,039 | 79.3% | 6.3 |
These companies have the same main activity as ALU DECOR: manufacture of fabricated metal products, except machinery and equipment (NACE 25120). They are comparable in size and age: total assets between €512,000 and €1m, founded between 1996 and 2003.
Official details
Source: KBO- Status
- Active since 11-05-1998Normal situation
- Activity
- Manufacture of fabricated metal products, except machinery and equipmentNACE 25120and 1 other
- Establishment unit
- 2.087.468.1108560 Wevelgem, since 01-07-1998
- Financial year end
- 30 June
- Peppol
- Reachable since 27-03-2026
Annual accounts to 30-06-2025
- ≈ €670,000estimated
- €692,327▼ 42.2%
- Employeeson 30-06-2025
- 5▼ 16.7%
- Filing
- Filed on 16-12-2025, 46 days before the end of the filing period
Insights on ALU DECOR
ALU DECOR files the abbreviated format. That format states no turnover. The gross margin fell from €322,675 in 2006 to €283,341 in 2025.
Xira holds 66.53% of the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ALU DECOR
- What is the company number of ALU DECOR?
- The company number of ALU DECOR is 0463.248.838. The VAT number is the same number with BE in front: BE 0463.248.838.
- Where is ALU DECOR based?
- The registered office is at Vliegveld 39, 8560 Wevelgem.Company details
- What does ALU DECOR do?
- According to the KBO register, the main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25120).
- What is the legal form of ALU DECOR?
- ALU DECOR is a private limited company (BV).
- When was ALU DECOR founded?
- ALU DECOR was founded on 11-05-1998.
- Is ALU DECOR still active?
- Yes, ALU DECOR is an active enterprise in the KBO register.
- How many employees does ALU DECOR have?
- ALU DECOR had an average of 4.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of ALU DECOR?
- The turnover in financial year 2025 is ≈ €670,000. This figure is estimated from the gross margin of €283,341 and 2,275 comparable companies of the same size. It probably lies between €400,000 and €1.1m. It is a rough estimate.
- Is ALU DECOR profitable?
- In financial year 2025, ALU DECOR made a profit of €13,723.
- Where can I find the annual accounts of ALU DECOR?
- ALU DECOR filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ALU DECOR due?
- ALU DECOR must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies
See how customers, suppliers and banks see your own company and what to improve first.