ALULIM
ActiveSummary
ALULIM has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5.8m and a net result of €257,452. Equity is growing by ~14.9% per year across the filed fiscal years. Its solvency ranks better than 91% of 763 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
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Signals
This company filed its last 6 accounts on average 65 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
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History
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Financials · fiscal year 2024, full schema
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).
Peer companies
Historical observationOf the 6,048 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
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 497,340 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 6,048 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €12.2m | €12.6m | €11.7m | €12.5m | ▲ 6.8% |
| Turnover70 | - | €12.1m | €12.5m | €11.7m | €12.5m | ▲ 6.8% |
| Other operating income74 | - | €163,351 | €42,084 | €31,150 | €21,090 | ▼ 32.3% |
| Non-recurring operating income76A | - | - | €8,104 | €13,233 | €23,950 | ▲ 81.0% |
| Operating charges60/66A | - | €11.7m | €11.8m | €10.8m | €12.2m | ▲ 12.6% |
| Goods for resale, raw materials and consumables60 | - | €8.7m | €9.2m | €6.6m | €7.2m | ▲ 9.4% |
| Purchases600/8 | - | €9.2m | €8.9m | €6.5m | €7.3m | ▲ 11.5% |
| Change in stocks: decrease (increase)609 | - | -€549,130 | €241,519 | €42,973 | -€86,767 | ▼ 302% |
| Services and other goods61 | - | €1.9m | €1.7m | €2.6m | €3.1m | ▲ 20.8% |
| Remuneration, social security and pensions62 | - | €976,142 | €804,566 | €1.5m | €1.4m | ▼ 3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €143,021 | €167,478 | €175,182 | €245,908 | €353,688 | ▲ 43.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €7,766 | - | - | €118,312 | - |
| Other operating charges640/8 | - | €11,163 | €2,041 | €23,459 | €14,764 | ▼ 37.1% |
| Non-recurring operating charges66A | - | - | - | - | €47,704 | - |
| Gross operating margin9900 | €2.1m | - | - | - | - | - |
| Operating profit (loss)9901 | €925,255 | €534,719 | €764,236 | €866,361 | €292,580 | ▼ 66.2% |
| Financial income75/76B | - | €276,687 | €136,087 | €88,415 | €133,906 | ▲ 51.5% |
| Recurring financial income75 | €225,788 | €266,116 | €136,087 | €88,415 | €133,906 | ▲ 51.5% |
| Income from financial fixed assets750 | - | €406 | €1,753 | - | €16,165 | - |
| Income from current assets751 | - | - | - | €3,904 | - | - |
| Other financial income752/9 | - | €265,710 | €134,334 | €84,511 | €117,741 | ▲ 39.3% |
| Non-recurring financial income76B | - | €10,571 | - | - | - | - |
| Financial charges65/66B | - | €55,992 | €59,055 | €26,613 | €74,588 | ▲ 180% |
| Recurring financial charges65 | €95,453 | €55,992 | €59,055 | €26,613 | €74,588 | ▲ 180% |
| Debt charges650 | - | €6,372 | €7,438 | €7,790 | €42,266 | ▲ 443% |
| Other financial charges652/9 | - | €49,620 | €51,617 | €18,823 | €32,322 | ▲ 71.7% |
| Profit (loss) for the period before taxes9903 | €1.1m | €755,413 | €841,267 | €928,163 | €351,898 | ▼ 62.1% |
| Income taxes67/77 | €247,335 | €227,924 | €215,430 | €238,990 | €94,447 | ▼ 60.5% |
| Taxes670/3 | - | €227,924 | €215,430 | €238,990 | €94,447 | ▼ 60.5% |
| Profit (loss) for the period9904 | €808,256 | €527,489 | €625,837 | €689,173 | €257,452 | ▼ 62.6% |
| Transfer from tax-exempt reserves789 | - | €141,376 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €816,037 | €668,865 | €625,837 | €689,173 | €257,452 | ▼ 62.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.5m | €6.2m | €6.1m | €6.4m | €7.1m | ▲ 10.1% |
| Fixed assets21/28 | €1.6m | €1.6m | €1.6m | €1.4m | €1.7m | ▲ 26.1% |
| Intangible fixed assets21 | €8,573 | €2,500 | €730 | €27,646 | €20,735 | ▼ 25.0% |
| Tangible fixed assets22/27 | €680,526 | €664,528 | €605,008 | €1.3m | €1.6m | ▲ 26.5% |
| Land and buildings22 | - | €5,881 | €47,453 | €815,932 | €708,771 | ▼ 13.1% |
| Plant, machinery and equipment23 | - | €480,379 | €403,866 | €383,310 | €318,410 | ▼ 16.9% |
| Furniture and vehicles24 | - | €57,069 | €88,626 | €89,421 | €69,427 | ▼ 22.4% |
| Leasing and similar rights25 | - | €117,672 | €63,713 | €13,273 | €550,857 | ▲ 4,050% |
| Other tangible fixed assets26 | - | €2,701 | €1,351 | - | - | - |
| Assets under construction and advance payments27 | - | €827 | - | - | - | - |
| Financial fixed assets28 | €953,197 | €962,571 | €968,429 | €27,811 | €43,834 | ▲ 57.6% |
| Affiliated companies280/1 | - | €950,000 | €950,000 | - | - | - |
| Participating interests280 | - | €950,000 | €950,000 | - | - | - |
| Other financial fixed assets284/8 | - | €12,571 | €18,429 | €27,811 | €43,834 | ▲ 57.6% |
| Amounts receivable and cash guarantees285/8 | - | €12,571 | €18,429 | €27,811 | €43,834 | ▲ 57.6% |
| Current assets29/58 | €3.8m | €4.6m | €4.5m | €5.1m | €5.4m | ▲ 5.8% |
| Stocks and contracts in progress3 | €119,104 | €668,235 | €426,716 | €383,743 | €470,509 | ▲ 22.6% |
| Stocks30/36 | - | €668,235 | €426,716 | €383,743 | €470,509 | ▲ 22.6% |
| Raw materials and consumables30/31 | - | €668,235 | - | - | - | - |
| Goods purchased for resale34 | - | - | €426,716 | €383,743 | €470,509 | ▲ 22.6% |
| Amounts receivable within one year40/41 | €2.6m | €2.6m | €2.9m | €2.8m | €3.2m | ▲ 15.8% |
| Trade receivables40 | - | €2.2m | €2.3m | €2.2m | €2.8m | ▲ 26.9% |
| Other amounts receivable41 | - | €396,384 | €533,847 | €554,152 | €396,346 | ▼ 28.5% |
| Current investments50/53 | €94,307 | €98,772 | €1,275 | - | - | - |
| Other investments51/53 | - | €98,772 | €1,275 | - | - | - |
| Cash at bank and in hand54/58 | €811,875 | €1.2m | €1.2m | €1.9m | €1.7m | ▼ 10.7% |
| Deferred charges and accrued income490/1 | - | €24,536 | €33,591 | €31,369 | €114 | ▼ 99.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.5m | €6.2m | €6.1m | €6.4m | €7.1m | ▲ 10.1% |
| Equity10/15 | €3.7m | €4.2m | €4.8m | €5.5m | €5.8m | ▲ 4.7% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €2.8m | €4.2m | €4.8m | €5.5m | €5.8m | ▲ 4.7% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €4.2m | €4.8m | €5.5m | €5.8m | ▲ 4.7% |
| Profit (loss) carried forward14 | €816,037 | - | - | - | - | - |
| Amounts payable17/49 | €1.8m | €2.0m | €1.2m | €900,238 | €1.3m | ▲ 43.4% |
| Amounts payable after more than one year17 | €256,996 | €159,316 | €60,340 | - | €456,590 | - |
| Financial debts170/4 | - | €159,316 | €60,340 | - | €456,590 | - |
| Leasing and similar obligations172 | - | €107,433 | €56,319 | - | €456,590 | - |
| Credit institutions173 | - | €51,883 | €4,021 | - | - | - |
| Amounts payable within one year42/48 | €1.3m | €1.9m | €1.2m | €900,238 | €834,506 | ▼ 7.3% |
| Current portion of amounts payable after more than one year42 | - | €243,756 | €137,976 | €60,340 | €97,054 | ▲ 60.8% |
| Financial debts43 | - | - | - | €80,752 | €91,375 | ▲ 13.2% |
| Credit institutions430/8 | - | - | - | €80,752 | €91,375 | ▲ 13.2% |
| Trade debts44 | €650,637 | €1.4m | €809,944 | €591,830 | €485,062 | ▼ 18.0% |
| Suppliers440/4 | - | €1.4m | €809,944 | €591,830 | €485,062 | ▼ 18.0% |
| Bills of exchange payable441 | - | €13,200 | - | - | - | - |
| Advances received on contracts in progress46 | - | - | €4,000 | €18,182 | €14,182 | ▼ 22.0% |
| Taxes, remuneration and social security45 | - | €144,217 | €160,332 | €149,134 | €142,965 | ▼ 4.1% |
| Taxes450/3 | - | €46,540 | €24,518 | €37,772 | €7,863 | ▼ 79.2% |
| Remuneration and social security454/9 | - | €97,677 | €135,814 | €111,362 | €135,102 | ▲ 21.3% |
| Other amounts payable47/48 | - | €86,523 | €50,000 | - | €3,869 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €808,256 | €527,489 | €625,837 | €689,173 | €257,452 | ▼ 62.6% |
| + Depreciation and write-downs630 | €143,021 | €167,478 | €175,182 | €245,908 | €353,688 | ▲ 43.8% |
| Operating cash flow (approximation) | €951,278 | €694,967 | €801,019 | €935,081 | €611,140 | ▼ 34.6% |
| Investment in fixed assets (approximation) | - | -€154,781 | -€119,750 | -€29,134 | -€708,329 | ▼ 2,331% |
| Change in cash | - | €361,145 | -€21,084 | €725,519 | -€200,622 | ▼ 128% |
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
23-03
State Gazette act
Capital & shares · RestructuringAppointment: Liesbet VANDENABEELE (company auditor) · Demerger · Net-asset statement13 facts ▸
- General meeting, 16/02/2026
- General meeting, 16/02/2026
- Demerger, Partiële splitsing door inbreng van activa en passiva
- Net-asset statement, 31/12/2024
- Net-asset statement, Vermogen van de overdragende vennootschap vóór splitsing
- Net-asset statement, Vermogen van de overdragende vennootschap na splitsing
- Net-asset statement, Totaal eigen vermogen van de verkrijgende vennootschap na inbreng
- Real estate, Bedrijfshal, kadastraal gekend als "werkplaats" op en met grond gelegen langs de "Nijverheidslaan 1563", sectie B, deel van nummers 912/W en 912/X, thans gekada…
- Accounting effect, 01/01/2025
- Power of attorney, STIMAA
- Power of attorney, Bert VRANCKEN
- Power of attorney, ALULIM
- +1 further facts in this act
About the unread acts
Of the 13 Belgian State Gazette acts we know for this company, 1 has been read. The other 12 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71562B0912/00B002 | Flanders | 5,000 m² | 1 · 1,692 m² | 7.5 m · 2 fl. |
| 71562B0908/00T007 | Flanders | 3,133 m² | 1 · 1,150 m² | 6.8 m · 2 fl. |
Linked by address, not proof of ownership
Structure & network
Owners and holdings
5 owners · 2 holdings · 2 subsidiaries in the treeChain of control
- ALULIM GROUP
- ALULIM
Highest known parent: ALULIM GROUP. The sources do not say who stands above it.
Owners 5
- ALULIM GROUPparent100%
-
19%
- Sourceaccounts GeNie 20253%
-
3%
- Sourceaccounts WOPE 20253%
Holdings 2
-
100%
-
13%
All subsidiaries, including indirect ones 2
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
ALULIM WEST 100%1 subsidiary
- ALULIM CONSTRUCT 87%
According to the 2022 annual accounts of ALULIM and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionPublic money · subsidies and aid
Flemish government
2023 to 2025 · 4 entries · 24,531 EUR awarded · 24,212 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 15,197 EUR | 15,146 EUR |
| 2024 | 1 | 5,472 EUR | 8,649 EUR |
| 2023 | 1 | 3,862 EUR | 417 EUR |
Recognitions · licences · registrations
Recognised contractor
1 categorySimilar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.