ALUHOVER
ActiveSummary
ALUHOVER has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €182,170 and a net result of €2,486. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 62% of 7930 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability47▲+4
Solvency80▲+9
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity ample (current ratio 2.37 against 2.1 in 2024; short-term debt: 21.3% and cash: 17.3% of total assets), and 45.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
54.9%
Return on assets
0.7%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
2 d early
2023
3 d early
2022
30 d early
2021
25 d early
2020
36 d early
2019
16 d 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 16 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 28 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€182,170▲ 1.4%
2024 · €179,684
Total assets
€332,005▼ 14.4%
2024 · €387,775
Net result
€2,486▼ 28.0%
2024 · €3,451
Working capital
€96,973▼ 15.0%
2024 · €114,115
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€30,007▲ 65.4%€14,633▼ 51.2%€18,858▲ 28.9%€13,084▼ 30.6%€8,823▼ 32.6%
Net result€21,081within the sector's middle half▲ 39.7%€7,610below the sector's middle half▼ 63.9%€4,716below the sector's middle half▼ 38.0%€3,451below the sector's middle half▼ 26.8%€2,486within the sector's middle half▼ 28.0%
Equity€163,907within the sector's middle half▲ 14.8%€171,516within the sector's middle half▲ 4.6%€176,232within the sector's middle half▲ 2.7%€179,684within the sector's middle half▲ 2.0%€182,170within the sector's middle half▲ 1.4%
Total assets€383,624below the sector's middle half▲ 12.4%€383,417below the sector's middle half▼ 0.1%€353,104below the sector's middle half▼ 7.9%€387,775below the sector's middle half▲ 9.8%€332,005within the sector's middle half▼ 14.4%
Debt€219,718▲ 10.8%€211,901▼ 3.6%€176,871▼ 16.5%€208,091▲ 17.7%€149,836▼ 28.0%
Working capital€45,222within the sector's middle half▼ 10.9%€47,678within the sector's middle half▲ 5.4%€129,813within the sector's middle half▲ 172%€114,115within the sector's middle half▼ 12.1%€96,973within the sector's middle half▼ 15.0%
Solvency42.7%within the sector's middle half▲ 0.9pp44.7%within the sector's middle half▲ 2.0pp49.9%within the sector's middle half▲ 5.2pp46.3%within the sector's middle half▼ 3.6pp54.9%within the sector's middle half▲ 8.5pp
Current ratio1.30within the sector's middle half▼ 0.141.31within the sector's middle half▲ 0.023.57above the sector's middle half▲ 2.252.10within the sector's middle half▼ 1.472.37within the sector's middle half▲ 0.27
Return on assets (ROA)5.5%within the sector's middle half▲ 1.1pp2.0%within the sector's middle half▼ 3.5pp1.3%within the sector's middle half▼ 0.6pp0.9%below the sector's middle half▼ 0.4pp0.7%within the sector's middle half▼ 0.1pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 33% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €332,005
Fixed assets
€164,207 ▼ 3.3%
Current assets
€167,798 ▼ 23.0%
Equity and liabilities €332,005
Equity
€182,170 ▲ 1.4%
Debt
€149,836 ▼ 28.0%
Debt's share of the balance-sheet total falls from 53.7% to 45.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€20,577▼
2024 · €25,437
Cash flow
€14,239▼
2024 · €15,804
Quick ratio
2.14▲
2024 · 2.00
Debt to equity
0.82▼
2024 · 1.16
ROE
1.4%▼
2024 · 1.9%
Interest coverage
3.28▲
2024 · 2.81
Debt ≤ 1 year
€70,825▼
2024 · €103,834
Debt > 1 year
€79,010▼
2024 · €102,257
Income taxes
€1,553▼
2024 · €1,631
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,027 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,829 | €10,378 | €11,443 | €12,353 | €11,754 | ▼ 4.9% |
| Other operating charges640/8 | €1,564 | €3,476 | €3,532 | €4,224 | €5,039 | ▲ 19.3% |
| Non-recurring operating charges66A | - | - | - | - | €4,541 | - |
| Gross operating margin9900 | €46,400 | €28,487 | €33,834 | €29,661 | €30,157 | ▲ 1.7% |
| Operating profit (loss)9901 | €30,007 | €14,633 | €18,858 | €13,084 | €8,823 | ▼ 32.6% |
| Financial income75/76B | €2,179 | €5,501 | €1,223 | €1,036 | €1,495 | ▲ 44.3% |
| Recurring financial income75 | €2,179 | €5,501 | €1,223 | €1,036 | €1,495 | ▲ 44.3% |
| Financial charges65/66B | €8,365 | €7,393 | €12,810 | €9,037 | €6,279 | ▼ 30.5% |
| Recurring financial charges65 | €8,365 | €7,393 | €12,810 | €9,037 | €6,279 | ▼ 30.5% |
| Profit (loss) for the period before taxes9903 | €23,821 | €12,741 | €7,270 | €5,083 | €4,039 | ▼ 20.5% |
| Income taxes67/77 | €2,740 | €5,131 | €2,554 | €1,631 | €1,553 | ▼ 4.8% |
| Profit (loss) for the period9904 | €21,081 | €7,610 | €4,716 | €3,451 | €2,486 | ▼ 28.0% |
| Profit (loss) for the period to be appropriated9905 | €21,081 | €7,610 | €4,716 | €3,451 | €2,486 | ▼ 28.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €383,624 | €383,417 | €353,104 | €387,775 | €332,005 | ▼ 14.4% |
| Fixed assets21/28 | €185,558 | €184,180 | €172,737 | €169,826 | €164,207 | ▼ 3.3% |
| Tangible fixed assets22/27 | €116,108 | €114,730 | €103,287 | €100,376 | €94,757 | ▼ 5.6% |
| Land and buildings22 | €114,206 | €90,876 | €85,289 | €84,475 | €78,364 | ▼ 7.2% |
| Plant, machinery and equipment23 | - | €14,093 | €10,443 | €10,553 | €6,062 | ▼ 42.6% |
| Furniture and vehicles24 | €1,902 | €9,761 | €7,555 | €5,349 | €10,332 | ▲ 93.2% |
| Financial fixed assets28 | €69,450 | €69,450 | €69,450 | €69,450 | €69,450 | = |
| Current assets29/58 | €198,066 | €199,237 | €180,367 | €217,949 | €167,798 | ▼ 23.0% |
| Stocks and contracts in progress3 | €29,488 | €11,338 | €8,154 | €10,261 | €16,064 | ▲ 56.6% |
| Stocks30/36 | €25,338 | €11,338 | €8,154 | €10,261 | €16,064 | ▲ 56.6% |
| Contracts in progress37 | €4,150 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €90,911 | €91,653 | €68,552 | €155,951 | €94,212 | ▼ 39.6% |
| Trade receivables40 | €81,726 | €82,052 | €66,066 | €155,082 | €85,567 | ▼ 44.8% |
| Other amounts receivable41 | €9,185 | €9,601 | €2,486 | €869 | €8,646 | ▲ 895% |
| Cash at bank and in hand54/58 | €77,668 | €96,246 | €76,661 | €51,738 | €57,522 | ▲ 11.2% |
| Deferred charges and accrued income490/1 | - | - | €27,000 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €383,624 | €383,417 | €353,104 | €387,775 | €332,005 | ▼ 14.4% |
| Equity10/15 | €163,907 | €171,516 | €176,232 | €179,684 | €182,170 | ▲ 1.4% |
| Contributions10/11 | €18,600 | €18,600 | €20,460 | €20,460 | €20,460 | = |
| Capital10 | €18,600 | €18,600 | - | - | - | - |
| Issued capital100 | €18,600 | €18,600 | - | - | - | - |
| Reserves13 | €145,307 | €152,916 | €155,772 | €159,224 | €161,710 | ▲ 1.6% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Legal reserve130 | €1,860 | €1,860 | - | - | - | - |
| Tax-exempt reserves132 | €9,146 | €9,146 | €9,146 | €9,146 | €9,146 | = |
| Distributable reserves133 | €134,301 | €141,910 | €146,627 | €150,078 | €152,564 | ▲ 1.7% |
| Amounts payable17/49 | €219,718 | €211,901 | €176,871 | €208,091 | €149,836 | ▼ 28.0% |
| Amounts payable after more than one year17 | €66,873 | €60,342 | €126,318 | €102,257 | €79,010 | ▼ 22.7% |
| Financial debts170/4 | €66,873 | €60,342 | €126,318 | €102,257 | €79,010 | ▼ 22.7% |
| Amounts payable within one year42/48 | €152,845 | €151,559 | €50,553 | €103,834 | €70,825 | ▼ 31.8% |
| Current portion of amounts payable after more than one year42 | €17,113 | €10,568 | €29,375 | €24,921 | €25,251 | ▲ 1.3% |
| Financial debts43 | - | - | - | €4,572 | - | - |
| Credit institutions430/8 | - | - | - | €4,572 | - | - |
| Trade debts44 | €51,703 | €39,863 | €5,930 | €53,762 | €20,507 | ▼ 61.9% |
| Suppliers440/4 | €51,703 | €39,863 | €5,930 | €53,762 | €20,507 | ▼ 61.9% |
| Taxes, remuneration and social security45 | €540 | - | - | €4,775 | - | - |
| Taxes450/3 | €540 | - | - | €4,775 | - | - |
| Other amounts payable47/48 | €83,488 | €101,128 | €15,248 | €15,805 | €25,068 | ▲ 58.6% |
| Accrued charges and deferred income492/3 | - | - | - | €2,000 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,081 | €7,610 | €4,716 | €3,451 | €2,486 | ▼ 28.0% |
| + Depreciation and write-downs630 | €14,829 | €10,378 | €11,443 | €12,353 | €11,754 | ▼ 4.9% |
| Operating cash flow (approximation) | €35,911 | €17,988 | €16,160 | €15,804 | €14,239 | ▼ 9.9% |
| Investment in fixed assets (approximation) | - | -€9,000 | €0 | -€9,442 | -€6,135 | ▲ 35.0% |
| Change in cash | - | €18,578 | -€19,585 | -€24,924 | €5,784 | ▲ 123% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Weakest financial yearnet €2,486 ▼28%
Net result drops to €2,486, the lowest in the series.
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Liquidity triplescurrent ratio 3.57
Current ratio from 1.31 to 3.57; short-term debt falls from €151,559 to €50,553.
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
05-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Highest result since 2018net €21,081 ▲39.7%
Operating result €30,007, net result €21,081, both a record.
30-09
Financial
Equity above €150,000Eq €163,907 ▲14.8%
4 profitable years in a row build equity to €163,907.
25-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
14-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-03
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.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Harelbeke · 1 establishment unit since 1990
Ground area
385 m²
Building footprint
130 m²
Volume, LiDAR
778 m³
Parcel 34013A1225/00N010, Flanders · tallest building 11.4 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ALUHOVER
since 19902.048.024.643
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34013A1225/00N010 | Flanders | 384 m² | 1 · 130 m² | 11.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Dimension Menuiserie Concept
BE 0751.906.089
Fosses-la-Ville · Eq €182,136
JVA
BE 0679.835.485
Rumst · Eq €182,002
KwadrAnt
BE 0567.514.237
Malle · Eq €182,399
Cerasteel
BE 0740.834.926
Mechelen · Eq €181,936
EUROPLAFOND
BE 0426.352.810
Sint-Pieters-Leeuw · Eq €181,885
Of 20,025 companies in sector 43320 we hold annual accounts for 9,138. 7,502 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-03-1990
Fiscal year end30-09
Activities, NACEBEL 2025
43320Joinery installation
25110Manufacture of metal structures and parts of structures
43343Specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0440404348
Also
9925:BE0440404348
Registered
02-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.