ALU2+

Active

Private limited companyfounded 2000active for 26 yearsLichtenberglaan 2029, 3800 Sint-Truiden, BelgiumKBO/BCE: BE 0472.707.625

Summary

The computed 12-month bankruptcy probability of ALU2+ is 1.6% (moderate). The 2024 annual accounts show equity of €986,922 and a net result of €145,677. Equity is growing by about 17% per year across the filed financial years. Its solvency ranks better than 27% of 3,535 sector peers (NACE 43, financial year 2024). The company has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

ALU2+ActiveChecked score 54/100

Risk analysis Report Compare

Activity

Joinery installation

NACE 43320

6th largest company by total assets in Sint-Truiden, Construction sector2 sites

Size

€10.5mturnover 2024

Staff: 13.2 FTE
Equity: €986,922
Profit: €145,677

Financial health

54 Fair Checked score 2024

Bankruptcy probabilitywithin 12 months: 1.6%

Structure

Parent: INVEST 2+ · 100%

Auditor: Compass Audit2024 accounts filed 61 days late2 of 7 deeds summarised

Why 54raises riskFigures for financial year 2024 (filed 07-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 1 of the last 3 latelowers riskFounded in 2000Size: turnover €10.5m, 13.2 FTE, total assets €4.1mShow the evidence

Checked score

Score 2024

54 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 28% of its sector peers (NACE 43, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 49+6

equity 24.2% of total assets

Liquidity 33+13

short-term debt 57.7% · cash 10.2%

Profitability 60=

return on assets 3.6%

Bankruptcy probability, 12 months

1.6% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,647 companies, NACE 43, small)

Last 24 months 11-2024: 1.2% 12-2024: 1.2%● unchanged vs 11-2024 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.2%● unchanged vs 03-2025 05-2025: 1.1%▼ -0.1 percentage points vs 04-2025 06-2025: 1.1%● unchanged vs 05-2025 07-2025: 1.2%▲ +0.1 percentage points vs 06-2025 08-2025: 1.5%▲ +0.3 percentage points vs 07-2025 09-2025: 1.6%▲ +0.1 percentage points vs 08-2025 10-2025: 1.7%▲ +0.1 percentage points vs 09-2025highest value 11-2025: 1.0%▼ -0.7 percentage points vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.1%▲ +0.1 percentage points vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 0.6%▼ -0.5 percentage points vs 06-2026lowest value 08-2026: 1.0%▲ +0.4 percentage points vs 07-2026 09-2026: 1.2%▲ +0.2 percentage points vs 08-2026 10-2026: 1.6%▲ +0.4 percentage points vs 09-2026

Credit of up to €50,000 on 30-day terms is acceptable

Liquidity tight (current ratio 1.12, below the usual 1.5; short-term debt: 57.7% and cash: 10.2% of total assets), and 75.8% 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, small): better than 28% on solvency, 28% on liquidity and 29% on profitability.

The bankruptcy probability was computed on 25-10-2026 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 2024 (filed 07-10-2025)

NBB · annual accounts

Founded in 2000

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

KBO

1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 1 of the last 3 late

NBB · filings

Size: turnover €10.5m, 13.2 FTE, total assets €4.1m

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

NBB · annual accounts

2024 accounts filed 61 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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

2024

61 days late

2024

30 days early

2023

15 days late

2022

18 days late

2020

2 days early

2019

1 day early

2018

9 days early

← before the deadline after the deadline →

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

This company filed its last 7 accounts on average 7 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

30-09-2025 Annual accounts filedfinancial year 2024 · full…
31-12-2024 Weakest financial yearnet €145,677 ▼28.8%
08-11-2024 Amendment of the articlesGeneral meeting

Key points

Positive: 6th largest company by total assets in Sint-Truiden, Construction sectorin the Checked rankings No. 6 View
Caution: Latest accounts filed lateafter the legal deadline 61 days View
Controlled by INVEST 2+ 100% View
Positive: 6 profitable years in a rowprofit 2024: €145,677 6 years View

By topic

Financials

Financial year: 2024
Turnover: €10.5m
Profit: €145,677
Solvency: 24.2%

Turnover▼ 19.2%

Net result

20242024

Go to Financials

Board & ownership

Parent: INVEST 2+ · 100%
Auditor: Compass Audit

Go to Board & ownership

Timeline

Events: 28
Since: 2002

01-10-2024Annual accounts filed
28-06-2024Appointment: Compass Audit BV (statutory auditor)
15-11-2023Annual accounts filed

Go to Timeline

Company details

Sites: 2

Legal form: Private limited company
Activity: Joinery installationNACE 43320
Founded: 06-09-2000
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 2

Annual meeting: First Monday of June

Go to Articles of association

Key facts about ALU2+

What is the company number of ALU2+?: 0472.707.625. In Belgium the VAT number is the company number with BE in front: BE 0472.707.625.
Where is ALU2+ based?: The registered office is at Lichtenberglaan 2029, 3800 Sint-Truiden.Company details
What does ALU2+ do?: According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of ALU2+?: Private limited company (BV).
When was ALU2+ founded?: On 06-09-2000.
Is ALU2+ still active?: Yes, ALU2+ is an active enterprise in the KBO register.
How many employees does ALU2+ have?: On average 13.2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of ALU2+?: €10.5m in financial year 2024, according to the filed annual accounts.
Is ALU2+ profitable?: In financial year 2024, ALU2+ made a profit of €145,677.
Where can I find the annual accounts of ALU2+?: ALU2+ filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2024.