ALUCO
ActiveALUCO has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €587k and a net result of €88k. Equity is growing by ~39.7% per year across the filed fiscal years. Its solvency ranks better than 52% of 300 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
75
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77▼-4
Solvency71▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity tight (current ratio 1.36 against 1.45 in 2023; short-term debt: 20.1% and cash: 11.8% of total assets), and 53.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Sector 16
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 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
57 d late
2023
96 d late
2022
35 d early
2021
66 d late
2020
31 d late
2019
47 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€587k▲ 17.6%
2023 · €499k
2018: €90k
2019: €118k
2020: €145k
2021: €263k
2022: €357k
2023: €499k
2018 → 2024
Total assets
€1.27M▼ 14.5%
2023 · €1.49M
2018: €957k
2019: €917k
2020: €1.01M
2021: €1.02M
2022: €1.33M
2023: €1.49M
2018 → 2024
Net result
€88k▼ 38.1%
2023 · €142k
2018: €-18k
2019: €28k
2020: €27k
2021: €118k
2022: €94k
2023: €142k
2018 → 2024
Working capital
€92k▼ 57.9%
2023 · €219k
2018: €-39k
2019: €-9k
2020: €-56k
2021: €27k
2022: €-28k
2023: €219k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€145k-€263k▲ 81.4%€357k▲ 35.7%€499k▲ 39.7%€587k▲ 17.6%
Operating result€51k-€188k▲ 271%€130k▼ 30.9%€231k▲ 77.8%€145k▼ 37.0%
Net result€27k-€118k▲ 333%€94k▼ 20.4%€142k▲ 50.8%€88k▼ 38.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 37% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.27M
Fixed assets
€924k▲ 18.0%
Current assets
€349k▼ 50.6%
Equity and liabilities €1.27M
Equity
€587k▲ 17.6%
Debt
€685k▼ 30.7%
The debt ratio falls from 66.4% to 53.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€243k▼
2023 · €323k
Cash flow
€186k▼
2023 · €234k
Solvency
46.1%▲
2023 · 33.6%
Current ratio
1.36▼
2023 · 1.45
Quick ratio
1.21▼
2023 · 1.32
Debt / equity
1.17▼
2023 · 1.98
ROE
15.0%▼
2023 · 28.4%
ROA
6.9%▼
2023 · 9.5%
Interest coverage
10.77▼
2023 · 11.77
Debt
€685k▼
2023 · €988k
Debt ≤ 1 year
€256k▼
2023 · €486k
Debt > 1 year
€429k▼
2023 · €502k
Income taxes
€36k▼
2023 · €62k
Staff costs
€72k▼
2023 · €92k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.49M€1.27M▼
Fixed assets21/28€783k€924k▲
Intangible fixed assets21€3k€2k▼
Tangible fixed assets22/27€775k€718k▼
Land and buildings22€444k€420k▼
Plant, machinery and equipment23€3k€10k▲
Furniture and vehicles24€25k€44k▲
Leasing and similar rights25€290k€231k▼
Other tangible fixed assets26€13k€13k=
Financial fixed assets28€4k€204k▲
Current assets29/58€705k€349k▼
Stocks and contracts in progress3€65k€38k▼
Stocks30/36€65k€38k▼
Amounts receivable within one year40/41€330k€143k▼
Trade receivables40€283k€130k▼
Other amounts receivable41€47k€12k▼
Cash at bank and in hand54/58€293k€150k▼
Deferred charges and accrued income490/1€17k€18k▲
Equity and liabilities
Total equity and liabilities10/49€1.49M€1.27M▼
Equity10/15€499k€587k▲
Contributions10/11€19k€19k=
Reserves13€411k€499k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€409k€497k▲
Profit (loss) carried forward14€70k€70k=
Amounts payable17/49€988k€685k▼
Amounts payable after more than one year17€502k€429k▼
Financial debts170/4€502k€429k▼
Amounts payable within one year42/48€486k€256k▼
Current portion of amounts payable after more than one year42€110k€97k▼
Financial debts43€293€14▼
Credit institutions430/8€293€14▼
Trade debts44€297k€142k▼
Suppliers440/4€297k€142k▼
Taxes, remuneration and social security45€17k€17k▲
Taxes450/3€13k€14k▲
Remuneration and social security454/9€3k€3k▼
Other amounts payable47/48€62k€352▼
Income statement
Code20232024
Non-recurring operating income76A€16k€28k▲
Remuneration, social security and pensions62€92k€72k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€92k€98k▲
Other operating charges640/8€10k€13k▲
Non-recurring operating charges66A€23k€0▼
Gross operating margin9900€448k€328k▼
Operating profit (loss)9901€231k€145k▼
Financial income75/76B€196€1k▲
Recurring financial income75€196€1k▲
Financial charges65/66B€27k€23k▼
Recurring financial charges65€27k€23k▼
Profit (loss) for the period before taxes9903€204k€124k▼
Income taxes67/77€62k€36k▼
Profit (loss) for the period9904€142k€88k▼
Profit (loss) for the period to be appropriated9905€142k€88k▼
Appropriation of the result
Profit (loss) to be appropriated9906€211k€157k▼
Profit (loss) brought forward from the previous period14P€70k€70k=
Transfer to equity691/2€142k€88k▼
To other reserves6921€142k€88k▼
Social balance
Average headcount (FTE)90871.31.3=
The notes to these accounts (27 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 57 days late
2024
31-12
Financial
Equity above €500kEq €587k ▲17.6%
6 profitable years in a row build equity to €587k.
04-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 96 days late
2023
31-12
Financial
Highest result since 2018net €142k ▲50.8%
Operating result €231k, net result €142k, both a record.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
05-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 66 days late
2021
31-12
Financial
Equity above €200kEq €263k ▲81.4%
3 profitable years in a row build equity to €263k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
16-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 47 days late
2019
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
31-12
Financial
Equity above €100kEq €118k ▲30.9%
Equity rises from €90k to €118k.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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
Registered office, Londerzeel · 1 establishment unit since 2008
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.
Ambachtsstraat 71840 LonderzeelGround area
2,100 m²
Building footprint
939 m²
Volume, LiDAR
867 m³
Parcel 23045D0151/00G000, Flanders · tallest building 10.2 m. Linked by address, not a title deed.
1 establishment unit
ALUCO
since 20082.170.238.507
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23045D0151/00G000 | Flanders | 2,100 m² | 1 · 939 m² | 10.2 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 2,652 EUR awarded · 2,652 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,420 EUR | 2,420 EUR |
| 2023 | 1 | 0 EUR | 30 EUR |
| 2022 | 1 | 232 EUR | 202 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
MOPAC SYSTEMS BELGIUM
BE 0546.685.070
Lommel · Eq €586k
DURLANG
BE 0635.597.745
Limbourg · Eq €589k
IVELRO-INVEST
BE 0811.461.121
Bornem · Eq €586k
CHASSIS 2000
BE 0448.047.552
Blégny · Eq €590k
EMAC Belgium
BE 0849.020.907
Charleroi · Eq €582k
Of 1,600 companies in sector 16230 we hold annual accounts for 782. 527 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-02-2008
Fiscal year end31-12
Activities, NACEBEL
16230Manufacture of other builders' carpentry and joinery
43320Joinery installation
22240Manufacture of rubber and plastic products
25401Forging of metal
42990Civil engineering
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.