Financials
- Fiscal year
- 2025
- Total assets
- €56,370
- Loss
- -€1,088
- Solvency
- 6.9%
ALU PASSION
ActiveSummary
The computed 12-month bankruptcy probability of ALU PASSION is 3.4% (moderate). The 2025 annual accounts show equity of €3,912 and a net result of -€1,088. Its solvency ranks better than 12% of 34,088 sector peers (NACE 43, fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Joinery installation
NACE 43320
1 site
Size
€56,370total assets 2025
- Staff
- 1.9 FTE
- Equity
- €3,912
- Loss
- -€1,088
Turnover not published (micro schema)
Structure
Accounts filed 44 days late0 of 1 deed read
Why 48raises riskFounded in 2024Latest accounts 44 days late; 1 of the last 3 lateEquity €3,912 (6.9% of total assets)Sector Specialised construction activities (NACE 43)Show the evidence
Checked score
Score 2025
48
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 18% of its sector peers (NACE 43, micro)
Financial strength
Weak
Solvency
32
equity 6.9% of total assets
Liquidity
16
short-term debt 93.1% · cash 13.0%
Profitability
66
return on assets -1.9%
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2025: 1.9%lowest value
01-2026: 1.9%● unchanged vs 12-2025lowest value
02-2026: 1.9%● unchanged vs 01-2026
03-2026: 2.3%▲ +0.4 percentage points vs 02-2026
04-2026: 2.4%▲ +0.1 percentage points vs 03-2026
05-2026: 2.7%▲ +0.3 percentage points vs 04-2026
06-2026: 2.7%● unchanged vs 05-2026
07-2026: 3.0%▲ +0.3 percentage points vs 06-2026
08-2026: 3.0%● unchanged vs 07-2026
09-2026: 2.9%▼ -0.1 percentage points vs 08-2026
10-2026: 3.4%▲ +0.5 percentage points vs 09-2026highest value
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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, micro): better than 12% on solvency, 9% on liquidity and 32% on profitability.
The bankruptcy probability was computed on 08-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 34088 sector peers (2025).
NBB · sector comparisonPosition among 34088 sector peers
Solvency
better than 12%
← 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 13-09-2026, 44 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 · 1 filingDeviation from the deadline
2025
44 days late
← before the deadline
after the deadline →
Checked, nothing found (1)
- Annual accounts filedfiscal year 2025 · micro…
Key points
By topic
Timeline
- Events
- 1
- Since
- 2026
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Joinery installationNACE 43320
- Founded
- 27-11-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
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