ALU-PAUL
InactiveALU-PAUL was declared bankrupt on 28-03-2022 (Ondernemingsrechtbank Antwerpen, afdeling Mechelen); the bankruptcy was closed by liquidation by judgment of 24-11-2025, published in the Belgian State Gazette on 28-11-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 31-08-2021, 31 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
31 d late
2019
42 d early
← before the deadline
after the deadline →
Financials · fiscal year 2020, abbreviated schema
Equity
€224k▲ 9.0%
2019 · €205k
2018: €175k
2019: €205k
2018 → 2020
Total assets
€422k▼ 7.6%
2019 · €457k
2018: €436k
2019: €457k
2018 → 2020
Net result
€18k▼ 75.3%
2019 · €75k
2018: €23k
2019: €75k
2018 → 2020
Working capital
€266k▲ 38.8%
2019 · €192k
2018: €182k
2019: €192k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€175k-€205k▲ 17.3%€224k▲ 9.0%
Operating result€25k-€91k▲ 266%€23k▼ 75.1%
Net result€23k-€75k▲ 220%€18k▼ 75.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2020; 2020 is 75% below 2019 and is the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €422k
Fixed assets
€21k▼ 79.3%
Current assets
€401k▲ 13.1%
Equity and liabilities €422k
Equity
€224k▲ 9.0%
Debt
€199k▼ 21.1%
The debt ratio falls from 55.1% to 47.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€32k▼
2019 · €132k
Cash flow
€28k▼
2019 · €115k
Solvency
52.9%▲
2019 · 44.9%
Current ratio
2.97▲
2019 · 2.18
Quick ratio
2.62▲
2019 · 1.97
Debt / equity
0.28▼
2019 · 0.43
ROE
8.2%▼
2019 · 36.4%
ROA
4.4%▼
2019 · 16.3%
Debt
€199k▼
2019 · €252k
Debt ≤ 1 year
€135k▼
2019 · €163k
Debt > 1 year
€63k▼
2019 · €89k
Income taxes
€10k▼
2019 · €22k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€457k€422k▼
Fixed assets21/28€102k€21k▼
Tangible fixed assets22/27€102k€21k▼
Current assets29/58€355k€401k▲
Stocks and contracts in progress3€33k€48k▲
Amounts receivable within one year40/41€146k€259k▲
Cash at bank and in hand54/58€166k€91k▼
Equity and liabilities
Total equity and liabilities10/49€457k€422k▼
Equity10/15€205k€224k▲
Contributions10/11€19k-
Reserves13€187k€205k▲
Amounts payable17/49€252k€199k▼
Amounts payable after more than one year17€89k€63k▼
Amounts payable within one year42/48€163k€135k▼
Trade debts44€44k€97k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€9k▼
Gross operating margin9900€381k€246k▼
Operating profit (loss)9901€91k€23k▼
Recurring financial income75€13k€14k▲
Recurring financial charges65€9k€8k▼
Profit (loss) for the period before taxes9903€96k€28k▼
Income taxes67/77€22k€10k▼
Profit (loss) for the period9904€75k€18k▼
Profit (loss) for the period to be appropriated9905€75k€18k▼
Appropriation of the result
Return on contributions (dividend)694€45k-
Timeline · acts, filings and financial milestones
2025
28-11
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · ALU-PAUL BVBA STENENSTAP 16, 2500 LIER · event 24-11-2025
2022
04-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · ALU-PAUL BVBA STENEN- STAP 16, 2500 LIER · event 28-03-2022
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €18k ▼75.3%
Net result drops to €18k, the lowest in the series.
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €75k ▲220%
Operating result €91k, net result €75k, both a record.
31-12
Financial
Equity above €200kEq €205k ▲17.3%
2 profitable years in a row build equity to €205k.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
26-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
11-06
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
19-06
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ANOUK DE VLEESHOUWER DRABSTRAAT 18,
2800 MECHELEN |
28-03-2022 → present |