AluKolor BE
ActiveSummary
AluKolor BE has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. 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 1053 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
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.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six 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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-297.4%
Return on assets
-46.1%
Age of the figures
13 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€4.6m
neutral · 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 filingsDeviation 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)
neutral · 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 monthsPosition in the running window
31-08-2026 close01-10-2026 today31-03-2027 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 Is the workforce growing, and do people stay?Employer 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 What other support did companies like this one receive, and it did not?Subsidies
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
In the rankings
#7 employer in Hamme, Manufacturing sector
Turnover
€2.4m
EBIT margin
-5.1%
Net result
-€712,629▲ 22.0%
2024 · -€914,120
Working capital
-€29,040▲ 97.5%
2024 · -€1.1m
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result-€0.9m▼ 434%-€1.3m▼ 41.0%-€0.6m▲ 57.7%-€0.7m▼ 18.0%-€0.5m▲ 21.4%
Net result-€1.0mbelow the sector's middle half▼ 373%-€1.4mbelow the sector's middle half▼ 40.0%-€0.7mbelow the sector's middle half▲ 47.9%-€0.9mbelow the sector's middle half▼ 27.3%-€0.7mbelow the sector's middle half▲ 22.0%
EBIT margin
Equity-€0.9mbelow the sector's middle half-€2.2mbelow the sector's middle half▼ 158%-€3.0mbelow the sector's middle half▼ 31.9%-€3.9mbelow the sector's middle half▼ 30.8%-€4.6mbelow the sector's middle half▼ 18.4%
Total assets€4.0mabove the sector's middle half▲ 28.6%€3.1mabove the sector's middle half▼ 22.1%€2.4mwithin the sector's middle half▼ 23.6%€1.9mwithin the sector's middle half▼ 18.5%€1.5mwithin the sector's middle half▼ 20.5%
Debt€4.9m▲ 62.4%€5.4m▲ 10.0%€5.4m▼ 0.3%€5.8m▲ 8.8%€6.1m▲ 5.4%
Working capital-€3.7mbelow the sector's middle half▼ 107%-€0.4mbelow the sector's middle half▲ 88.3%-€0.7mbelow the sector's middle half▼ 61.5%-€1.1mbelow the sector's middle half▼ 65.3%-€0.03mbelow the sector's middle half▲ 97.5%
Solvency-21.8%below the sector's middle half▼ 25.3pp-72.0%below the sector's middle half▼ 50.3pp-124.4%below the sector's middle half▼ 52.3pp-199.7%below the sector's middle half▼ 75.3pp-297.4%below the sector's middle half▼ 97.7pp
Current ratio0.22below the sector's middle half▼ 0.130.65below the sector's middle half▲ 0.430.45below the sector's middle half▼ 0.200.33below the sector's middle half▼ 0.110.95below the sector's middle half▲ 0.62
Return on assets (ROA)-24.5%below the sector's middle half▼ 17.8pp-44.1%below the sector's middle half▼ 19.6pp-30.1%below the sector's middle half▲ 14.0pp-47.0%below the sector's middle half▼ 16.9pp-46.1%below the sector's middle half▲ 0.9pp
Staff (FTE)22above the sector's middle half▼ 3.9%22.7above the sector's middle half▲ 3.2%22above the sector's middle half▼ 3.1%21.5above the sector's middle half▼ 2.3%17.4above the sector's middle half▼ 19.1%
above
within
below
the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €524,163 in 2025 against €666,586 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.5m
Fixed assets
€952,224 ▼ 30.3%
Current assets
€592,649 ▲ 2.6%
Equity and liabilities
Equity-€4.6m
Debt€6.1m
Equity is negative: debt (€6.1m) exceeds the balance-sheet total (€1.5m).
Key figures and ratios
EBITDA
-€100,309▲
2024 · -€182,492
Cash flow
-€288,776▲
2024 · -€430,025
Quick ratio
0.65▲
2024 · 0.22
Interest coverage
-0.53▲
2024 · -0.74
Debt ≤ 1 year
€621,689▼
2024 · €1.7m
Debt > 1 year
€5.5m▲
2024 · €4.1m
Staff costs
€891,289▼
2024 · €1.1m
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 678 companies that looked in July 2024 the way this one looks now, 6.8% went bankrupt within 24 months and 85% are still going.
- Small
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
6.8%
went bankrupt
6.2%
stopped otherwise
85%
still going
A further 2.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 678 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €0 | €0.03m | €8 | €0 | ▼ 99.9% |
| Remuneration, social security and pensions62 | - | €1.2m | €1.0m | €1.1m | €0.9m | ▼ 18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.7m | €0.7m | €0.6m | €0.5m | €0.4m | ▼ 12.4% |
| Other operating charges640/8 | - | €0.05m | €0.03m | €0.04m | €0.05m | ▲ 13.7% |
| Non-recurring operating charges66A | - | €0 | €0.1m | €0 | €0 | ▼ 100% |
| Gross operating margin9900 | €0.9m | €0.7m | €1.2m | €0.9m | €0.8m | ▼ 11.3% |
| Operating profit (loss)9901 | -€0.9m | -€1.3m | -€0.6m | -€0.7m | -€0.5m | ▲ 21.4% |
| Financial income75/76B | - | €162 | €0 | €0 | €255 | ▲ 2,545,500% |
| Recurring financial income75 | - | €162 | €0 | €0 | €255 | ▲ 2,545,500% |
| Financial charges65/66B | - | €0.04m | €0.2m | €0.2m | €0.2m | ▼ 23.8% |
| Recurring financial charges65 | €0.04m | €0.04m | €0.2m | €0.2m | €0.2m | ▼ 23.8% |
| Profit (loss) for the period before taxes9903 | -€1.0m | -€1.4m | -€0.7m | -€0.9m | -€0.7m | ▲ 22.0% |
| Profit (loss) for the period9904 | -€1.0m | -€1.4m | -€0.7m | -€0.9m | -€0.7m | ▲ 22.0% |
| Profit (loss) for the period to be appropriated9905 | -€1.0m | -€1.4m | -€0.7m | -€0.9m | -€0.7m | ▲ 22.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.0m | €3.1m | €2.4m | €1.9m | €1.5m | ▼ 20.5% |
| Fixed assets21/28 | €3.0m | €2.3m | €1.8m | €1.4m | €1.0m | ▼ 30.3% |
| Tangible fixed assets22/27 | €3.0m | €2.3m | €1.8m | €1.4m | €0.9m | ▼ 30.4% |
| Land and buildings22 | - | €0.8m | €0.8m | €0.7m | €0.7m | ▼ 3.6% |
| Plant, machinery and equipment23 | - | €1.3m | €0.9m | €0.5m | €0.2m | ▼ 67.8% |
| Furniture and vehicles24 | - | €0.02m | €0.03m | €0.006m | €0 | ▼ 100% |
| Leasing and similar rights25 | - | €0.2m | €0.1m | €0.1m | €0.08m | ▼ 28.9% |
| Other tangible fixed assets26 | - | €0.01m | €0.005m | €0 | €0 | = |
| Financial fixed assets28 | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | = |
| Current assets29/58 | €1.0m | €0.8m | €0.6m | €0.6m | €0.6m | ▲ 2.6% |
| Stocks and contracts in progress3 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 2.8% |
| Stocks30/36 | - | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 2.8% |
| Amounts receivable within one year40/41 | €0.8m | €0.4m | €0.3m | €0.2m | €0.3m | ▲ 23.7% |
| Trade receivables40 | - | €0.3m | €0.2m | €0.2m | €0.2m | ▲ 27.4% |
| Other amounts receivable41 | - | €0.06m | €0.08m | €0.04m | €0.04m | ▲ 5.0% |
| Cash at bank and in hand54/58 | €0.08m | €0.2m | €0.09m | €0.2m | €0.1m | ▼ 21.3% |
| Deferred charges and accrued income490/1 | - | €0.01m | €0.003m | €0.009m | €0.02m | ▲ 66.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.0m | €3.1m | €2.4m | €1.9m | €1.5m | ▼ 20.5% |
| Equity10/15 | -€0.9m | -€2.2m | -€3.0m | -€3.9m | -€4.6m | ▼ 18.4% |
| Contributions10/11 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Capital10 | - | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Issued capital100 | - | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Reserves13 | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Non-distributable reserves130/1 | - | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Legal reserve130 | - | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Profit (loss) carried forward14 | -€1.1m | -€2.5m | -€3.2m | -€4.2m | -€4.9m | ▼ 17.1% |
| Amounts payable17/49 | €4.9m | €5.4m | €5.4m | €5.8m | €6.1m | ▲ 5.4% |
| Amounts payable after more than one year17 | €0.09m | €4.1m | €4.1m | €4.1m | €5.5m | ▲ 34.6% |
| Financial debts170/4 | - | €4.1m | €4.1m | €4.1m | €5.5m | ▲ 34.6% |
| Amounts payable within one year42/48 | €4.7m | €1.2m | €1.3m | €1.7m | €0.6m | ▼ 64.0% |
| Current portion of amounts payable after more than one year42 | - | €0.09m | €0 | - | - | - |
| Trade debts44 | €0.4m | €0.4m | €0.2m | €0.2m | €0.5m | ▲ 138% |
| Suppliers440/4 | - | €0.4m | €0.2m | €0.2m | €0.5m | ▲ 138% |
| Taxes, remuneration and social security45 | - | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 21.5% |
| Taxes450/3 | - | €0.004m | €0.004m | €0.002m | €0.006m | ▲ 181% |
| Remuneration and social security454/9 | - | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 24.7% |
| Other amounts payable47/48 | - | €0.5m | €0.9m | €1.4m | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €0.1m | €0.05m | €0.05m | €0.07m | ▲ 31.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1.0m | -€1.4m | -€0.7m | -€0.9m | -€0.7m | ▲ 22.0% |
| + Depreciation and write-downs630 | €0.7m | €0.7m | €0.6m | €0.5m | €0.4m | ▼ 12.4% |
| Operating cash flow (approximation) | -€0.3m | -€0.7m | -€0.1m | -€0.4m | -€0.3m | ▲ 32.8% |
| Investment in fixed assets (approximation) | - | -€0.06m | -€0.1m | -€0.02m | -€0.009m | ▲ 55.7% |
| Change in cash | - | €0.08m | -€0.07m | €0.08m | -€0.04m | ▼ 145% |
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
29-09
State Gazette act
Appointment: Birger VANDEVENNE (director)Power of attorney3 facts ▸
State Gazette act
Appointment: Birger VANDEVENNE (director)
Power of attorney3 facts ▸
- General meeting, 01-09-2026
- Director appointment, Birger VANDEVENNE (director)
- Power of attorney, Dirk Strobbe
08-09
State Gazette act
Capital & sharesShareholding · Capital increase · Bank account6 facts ▸
State Gazette act
Capital & shares
Shareholding · Capital increase · Bank account6 facts ▸
- General meeting, 31-08-2026
- Shareholding, 27-08-2026
- Capital increase, €6.000.000
- Bank account, Belfius Bank NV, 28-08-2026
- Statutes amendment, 5
- Capital, €6.250.000
23-03
State Gazette act
Appointment: Grant Thornton Bedrijfsrevisoren BV (statutory auditor)2 facts ▸
State Gazette act
Appointment: Grant Thornton Bedrijfsrevisoren BV (statutory auditor)
2 facts ▸
- General meeting, 27/02/2026
- Auditor appointment, Grant Thornton Bedrijfsrevisoren BV
16-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
11-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
05-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
03-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-08
Financial
Weakest financial yearnet -€1.4m
Net result drops to -€1.4m, the lowest in the series; recovery starts the following year.
29-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
02-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
04-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
08-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
17-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
3 of 20 acts read
About the unread acts
Of the 20 Belgian State Gazette acts we know for this company, 3 have been read. The other 17 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
Board 1
Birger VANDEVENNE
CurrentDirector · since 01-09-2026
Statutory auditor 1
Grant Thornton Bedrijfsrevisoren BV
CurrentAuditor · since 23-03-2026 · perm. rep.: Tine Van Acker
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
17 of this company's 20 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Hamme (Vl.) · 1 establishment unit since 1987
Ground area
6,540 m²
Building footprint
468 m²
Volume, LiDAR
2,168 m³
Parcel 42452C0441/00B000, Flanders · tallest building 13.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Zwaarveld 46, 9220 Hamme (Vl.)
since 1987unit no. 2.031.102.695
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42452C0441/00B000 | Flanders | 6,540 m² | 1 · 467 m² | 13.5 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.
Mandate history
2 people since 2026, 2 in office
- Board
- Statutory auditor
| Name | Functions and periods |
|---|---|
| Birger VANDEVENNE |
|
| Grant Thornton Bedrijfsrevisoren BV |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
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Shareholding
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Capital and shareholders
Shareholders according to the acts
Stated in the act
act of 08-09-2026 ↗
- Aluk NL Invest B.V. all shares
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 08-09-2026 Capital increase of €6,000,000 · to €6,250,000 · no new shares · in cash
Subsidies and aid
Flemish government
2022 to 2025 · 4 entries · €10,118 awarded · €10,118 paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | €170 | €170 |
| 2024 | 1 | €3,515 | €3,515 |
| 2023 | 1 | €4,090 | €4,090 |
| 2022 | 1 | €2,343 | €2,343 |
Schemes
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Of 710 companies in this sector we hold annual accounts for 410. 204 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPublic limited company
Founded23-10-1987
Fiscal year end31-08
Activities, NACEBEL 2025
25510Coating of metals
E-invoicing
Reachable via Peppol
Peppol ID
0208:0432295445
Also
9925:BE0432295445
Registered
17-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.