AluKolor BE

Active

Public limited companyfounded 198738 yrs activeZwaarveld 46, 9220 Hamme (Vl.), BelgiumKBO/BCE: BE 0432.295.445

Summary

The computed 12-month bankruptcy probability of AluKolor BE is 5.3% (elevated). The 2025 annual accounts show negative equity (-€4.6m) and a net result of -€712,629. Equity is shrinking by ~38.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 1127 sector peers (fiscal year 2025). The company has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

AluKolor BEActiveChecked score 35/100

Risk analysis Report Compare

Activity

Coating of metals

NACE 25510Manufacture of fabricated metal products, except machinery and equipment NACE 25610NACE 28510

#7 employer in Hamme, Manufacturing sector1 site

Size

€1.5mtotal assets 2025

Staff: 17.4 FTE
Equity: -€4.6m
Loss: -€712,629

Financial health

35 Weak Checked score 2025

Bankruptcy chance 12 m: 5.3%

Structure

Parent: Valfidus Invest SCA
Board: 1 member

Auditor: Grant Thornton Bedrijfsrevisoren BVAccounts 15 d early3 of 20 deeds read

Why 35- Negative equity -€4.6m- Loss of €712,629, the second in a row (FY 2025)- Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25)- Size: 17.4 FTE, total assets €1.5mShow the evidence

Checked score

Score 2025

35 / 100

Weak

Probability in this band: 4.2% to 15.0%

Better than 14% of its sector peers (NACE 25, small)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Weak

Solvency 0=

equity -297.4% of total assets

Liquidity 42+31

short-term debt 40.2% · cash 8.4%

Profitability 0=

return on assets -46.1%

Bankruptcy probability, 12 months

5.3% Elevated

0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (747 companies)

Last 13 months 10-2025: 5.3% 11-2025: 5.2%▼ -1.1% vs 10-2025lowest value 12-2025: 5.2%● 0.0% vs 11-2025lowest value 01-2026: 5.2%▲ +0.2% vs 12-2025 02-2026: 5.2%● 0.0% vs 01-2026 03-2026: 5.3%▲ +1.0% vs 02-2026 04-2026: 5.3%▼ -0.3% vs 03-2026 05-2026: 5.3%● 0.0% vs 04-2026 06-2026: 5.3%● 0.0% vs 05-2026 07-2026: 5.3%● 0.0% vs 06-2026 08-2026: 5.3%● 0.0% vs 07-2026 09-2026: 5.3%● 0.0% vs 08-2026 10-2026: 5.3%▲ +1.3% vs 09-2026highest value

Negative equity -€4.6m raises the probability
Loss of €712,629, the second in a row (FY 2025) raises the probability
Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25) raises the probability
Size: 17.4 FTE, total assets €1.5m raises the probability for this profile

No credit on open account

Liquidity short (current ratio 0.95 against 0.33 in 2024; short-term debt: 40.2% and cash: 8.4% of total assets), and equity is negative.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 25, small). Better than this share of them on solvency 1%, liquidity 43%, profitability 2%, growth against the median 12%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Negative equity -€4.6m

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Loss of €712,629, the second in a row (FY 2025)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25)

In the bankruptcy model this factor raises the probability.

KBO

Size: 17.4 FTE, total assets €1.5m

In the bankruptcy model this factor raises the probability for this profile.

NBB · annual accounts

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

19202122232425

2019 to 2025 · latest year -€4.6m

Latest accounts filed on time

The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 16-03-2026, 15 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

15 d early

2024

48 d early

2023

26 d early

2022

28 d early

2021

2 d early

2020

44 d early

2019

29 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 27 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-08-2026 and is due by 31-03-2027. Nothing is late today. Usually files around 6 March (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

31-08-2026 close02-10-2026 today31-03-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

29-09-26 Appointment: Birger VANDEVENNE (director)Power of attorney
08-09-26 Capital & sharesShareholding · Capital increase ·…
23-03-26 Appointment: Grant Thornton Bedrijfsrevisoren BV (statutory…State Gazette act

Key points

Risk: Negative equityfiscal year 2025: debts exceed assets -€4.6m View
Risk: 7 loss-making years in a rowloss fiscal year 2025 -€712,629 View
Caution: Among the weakest 5% on solvencysector median 46.9% · 1,127 companies -297.4% View
Positive: Always filed on timeaccounts within the deadline every year 8 years View
Controlled by Valfidus Invest SCA parent View
New directorlatest change 01-09-2026 · 1 in office 1 joined View