ALU PRODUCTS

Active

Private limited companyfounded 2004active for 22 yearsIndustriestraat(ICH) 19, 8480 Ichtegem, BelgiumKBO/BCE: BE 0867.346.086

From the official registers: KBO 20 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

ALU PRODUCTS has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €422,940 and a net result of €68,247. Equity is growing by about 18% per year across the filed financial years. Its solvency ranks better than 60% of 9,865 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow Report Compare

ALU PRODUCTSActiveChecked score 86/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 21-09-2004 Normal situation
Legal form: Private limited company
Registered office: Industriestraat(ICH) 19, 8480 Ichtegem
Activity: Joinery installation NACE 43320
Establishment unit: 2.139.537.512 8480 Ichtegem, since 21-09-2004
Financial year end: 31 March
Peppol: Reachable since 19-12-2024

Company details

Who decides

Board

Anita GRYSPEERTDirector
Rudy T’JONCKDirector

Shareholders

Alu Products 2.035%annual accounts 30-06-2025

Board & ownership

How it is doing

86 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.3%

Annual accounts to 31-03-2025

Turnover: €2.1m; ▲ 37.2%
Profit: €68,247; ▲ 59.4%
Equity: €422,940; ▲ 18.8%
Total assets: €810,080; ▲ 3.6%
Staff: 2.6 FTE; ▼ 3.7%

2026 accounts not filed, 1 day past the deadline

Filed on 25-11-2025PDF

Financials

Why 86raises riskFigures for financial year 2025 (filed 26-11-2025)lowers riskEquity €422,940 (52.2% of total assets)Liquidity: current ratio 1.58, cash €105,791Founded in 2004Show the evidence

Checked score

Score 2025

86 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 55% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 77+6

equity 52.2% of total assets

Liquidity 55-2

short-term debt 28.5% · cash 13.1%

Profitability 70+2

return on assets 8.4%

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)

Last 24 months 11-2024: 0.5%highest value 12-2024: 0.2%▼ -0.3 percentage points vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.4%▲ +0.2 percentage points vs 10-2025 12-2025: 0.1%▼ -0.3 percentage points vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026lowest value 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: 0.2%▲ +0.1 percentage points vs 08-2026 10-2026: 0.3%▲ +0.1 percentage points vs 09-2026

Credit of up to €35,000 on 30-day terms is acceptable

Liquidity ample (current ratio 1.58, compared with 1.44 in 2024, above the usual 1.5; short-term debt: 28.5% and cash: 13.1% of total assets), and 47.8% of the assets are financed with debt and provisions.

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 57% on solvency, 51% on liquidity, 38% on profitability and 74% on growth.

The bankruptcy probability was computed on 31-10-2026 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

Five signals.

lowers riskraises risk

Figures for financial year 2025 (filed 26-11-2025)

NBB · annual accounts

Equity €422,940 (52.2% of total assets)

NBB · annual accounts

Liquidity: current ratio 1.58, cash €105,791

NBB · annual accounts

Founded in 2004

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

2025 accounts filed 25 days late

The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 25-11-2025, 25 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2026

not filed

2025

25 days late

2024

18 days late

2023

30 days late

2022

16 days late

2021

23 days late

2020

27 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 23 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Positive: Turnover rose in 2025from €1.5m to €2.1m ▲ 37.2% View
Positive: 7 profitable years in a rowprofit 2025: €68,247 7 years View

Documents

Key facts about ALU PRODUCTS

What is the company number of ALU PRODUCTS?: 0867.346.086. In Belgium the VAT number is the company number with BE in front: BE 0867.346.086.
Where is ALU PRODUCTS based?: The registered office is at Industriestraat(ICH) 19, 8480 Ichtegem.Company details
What does ALU PRODUCTS do?: According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of ALU PRODUCTS?: Private limited company (BV).
When was ALU PRODUCTS founded?: On 21-09-2004.
Is ALU PRODUCTS still active?: Yes, ALU PRODUCTS is an active enterprise in the KBO register.
How many employees does ALU PRODUCTS have?: On average 2.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of ALU PRODUCTS?: €2.1m in financial year 2025, according to the filed annual accounts.
Is ALU PRODUCTS profitable?: In financial year 2025, ALU PRODUCTS made a profit of €68,247.
Where can I find the annual accounts of ALU PRODUCTS?: ALU PRODUCTS filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)