ALUGLAS
ActiveALUGLAS has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €153k and a net result of €16k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 42% of 2041 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+73
Solvency62▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.48 against 1.51 in 2024; short-term debt: 63.1% and cash: 14.8% of total assets), and 63.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
36.9%
Return on assets
3.9%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
22 d early
2023
6 d early
2022
18 d early
2021
13 d early
2020
22 d early
2019
24 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€16k
2024 · €-48k
2018: €-714k
2019: €-323k
2020: €86k
2021: €28k
2022: €4k
2023: €854k
2024: €-48k
2018 → 2025
Working capital
€125k▲ 25.4%
2024 · €100k
2018: €-620k
2019: €-882k
2020: €-677k
2021: €-678k
2022: €-696k
2023: €161k
2024: €100k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-672k-€-669k▲ 0.6%€185k€137k▼ 26.0%€153k▲ 12.0%
Operating result€31k-€15k▼ 52.3%€898k▲ 6,008%€-41k€39k
Net result€28k-€4k▼ 86.5%€854k▲ 22,600%€-48k€16k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €39k after a loss of €41k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €416k
Fixed assets
€28k▼ 23.9%
Current assets
€387k▲ 31.3%
Equity and liabilities €416k
Equity
€153k▲ 12.0%
Debt
€263k▲ 34.3%
The debt ratio rises from 58.8% to 63.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€48k
Cash flow
€25k
Solvency
36.9%▼
2024 · 41.2%
Current ratio
1.48▼
2024 · 1.51
Quick ratio
1.31▲
2024 · 1.26
Debt / equity
1.71▲
2024 · 1.43
ROE
10.7%▲
2024 · -35.2%
ROA
3.9%▲
2024 · -14.5%
Interest coverage
6.81
Debt
€263k▲
2024 · €196k
Debt ≤ 1 year
€263k▲
2024 · €196k
Income taxes
€16k▲
2024 · €3k
Staff costs
€1.08M▼
2024 · €1.10M
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€332k€416k▲
Fixed assets21/28€37k€28k▼
Tangible fixed assets22/27€25k€16k▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€25k€16k▼
Financial fixed assets28€13k€13k=
Current assets29/58€295k€387k▲
Stocks and contracts in progress3€49k€43k▼
Stocks30/36€49k€43k▼
Amounts receivable within one year40/41€63k€281k▲
Trade receivables40€63k€281k▲
Other amounts receivable41€0-
Cash at bank and in hand54/58€183k€62k▼
Deferred charges and accrued income490/1€867€916▲
Equity and liabilities
Total equity and liabilities10/49€332k€416k▲
Equity10/15€137k€153k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€25k€25k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€19k€19k=
Profit (loss) carried forward14€50k€66k▲
Amounts payable17/49€196k€263k▲
Amounts payable within one year42/48€196k€263k▲
Trade debts44€57k€68k▲
Suppliers440/4€57k€68k▲
Taxes, remuneration and social security45€138k€162k▲
Taxes450/3€25k€42k▲
Remuneration and social security454/9€113k€119k▲
Other amounts payable47/48-€32k
Income statement
Code20242025
Non-recurring operating income76A€1k€0▼
Remuneration, social security and pensions62€1.10M€1.08M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€9k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-7k€0▲
Other operating charges640/8€6k€14k▲
Non-recurring operating charges66A-€82k
Gross operating margin9900€1.06M€1.22M▲
Operating profit (loss)9901€-41k€39k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€5k€7k▲
Recurring financial charges65€5k€7k▲
Profit (loss) for the period before taxes9903€-45k€32k▲
Income taxes67/77€3k€16k▲
Profit (loss) for the period9904€-48k€16k▲
Profit (loss) for the period to be appropriated9905€-48k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€50k€66k▲
Profit (loss) brought forward from the previous period14P€98k€50k▼
Social balance
Average headcount (FTE)908711.19.7▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
31-12
Financial
Equity above €150kEq €153k ▲12%
Equity rises from €137k to €153k.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €854k ▲22600%
Operating result €898k, net result €854k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 1.32
Current ratio from 0.38 to 1.32; short-term debt falls from €1.12M to €501k.
31-12
Financial
Equity above €150kEq €185k
4 profitable years in a row build equity to €185k.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €86k
Net result €86k after 2 loss-making years.
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Hasselt · 1 establishment unit since 1992
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.
Prins-Bisschopssingel 363500 HasseltGround area
5.4 ha
Building footprint
1.2 ha
Volume, LiDAR
16,807 m³
2 parcels, Flanders · tallest building 15.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Aluglas
since 19922.058.571.711
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71049A0746/00L000 | Flanders | 4.9 ha | 1 · 1.1 ha | - |
| 71324E0464/00A002 | Flanders | 4,286 m² | 1 · 1,632 m² | 15.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
2023 to 2025 · 4 entries · 24,970 EUR awarded · 24,970 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | -791 EUR | 0 EUR |
| 2024 | 2 | 18,723 EUR | 17,932 EUR |
| 2023 | 1 | 7,038 EUR | 7,038 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Werkbaarheidscheque (stopgezet)
Similar companies · same sector, comparable size
STEIN HOUSE
BE 0744.551.907
Liège · Eq €153k
RENOBELT
BE 0835.835.835
Damme · Eq €153k
VANHOUCKE FRANKY
BE 0473.615.465
Oostende · Eq €153k
TRAPPEN RENIER
BE 0564.724.991
Wervik · Eq €153k
BAST
BE 0669.530.028
Hamme (Vl.) · Eq €153k
Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 7,611 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded14-07-1992
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43320Joinery installation
45421
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.