ALULIM

Active

Private limited companyfounded 200719 yrs activeNijverheidslaan 1563, 3660 Oudsbergen, BelgiumKBO/BCE: BE 0887.065.889

ALULIM has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5.78M and a net result of €257k. Equity is growing by ~14.9% per year across the filed fiscal years. Its solvency ranks better than 91% of 760 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

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Checked score

Score 2024

79 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability62▼-12

Solvency100=

Growth47▲+3

Track record100

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €450k at 30 days acceptable

Liquidity ample (current ratio 6.43 against 5.63 in 2023; short-term debt: 11.8% and cash: 23.7% of total assets), and 18.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

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

−lowers risk+raises risk○neutral

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

Sector 25

higher

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

81.7%

Return on assets

3.6%

Age of the figures

21 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-09-2025, 42 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 9 filings

Deviation from the deadline

2025

not confirmed

2024

42 d late

2023

105 d late

2022

22 d late

2021

31 d late

2020

95 d late

2019

94 d late

← before the deadline after the 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

Financials · fiscal year 2024, full schema

Turnover

€12.47M▲ 6.8%

2023 · €11.67M

2021: €12.06M 2022: €12.54M 2023: €11.67M

2021 → 2024

EBIT margin

2.3%▼ 5.1pp

2023 · 7.4%

2021: 4.4% 2022: 6.1% 2023: 7.4%

2021 → 2024

Net result

€257k▼ 62.6%

2023 · €689k

2018: €737k 2019: €995k 2020: €808k 2021: €527k 2022: €626k 2023: €689k

2018 → 2024

Working capital

€4.53M▲ 8.6%

2023 · €4.17M

2018: €597k 2019: €1.89M 2020: €2.53M 2021: €2.74M 2022: €3.32M 2023: €4.17M

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€12.06M€12.54M▲ 4.0%€11.67M▼ 6.9%€12.47M▲ 6.8%

Equity€3.68M-€4.21M▲ 14.3%€4.84M▲ 14.9%€5.53M▲ 14.2%€5.78M▲ 4.7%

Operating result€925k-€535k▼ 42.2%€764k▲ 42.9%€866k▲ 13.4%€293k▼ 66.2%

Net result€808k-€527k▼ 34.7%€626k▲ 18.6%€689k▲ 10.1%€257k▼ 62.6%

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 66% below 2023 and is the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €7.07M

24.2%

75.8%

Fixed assets €1.71M▲ 26.1%

Current assets €5.36M▲ 5.8%

Equity and liabilities €7.07M

81.7%

18.3%

Equity €5.78M▲ 4.7%

Debt €1.29M▲ 43.4%

The debt ratio rises from 14.0% to 18.3%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€646k▼

2023 · €1.11M

Cash flow

€611k▼

2023 · €935k

Solvency

81.7%▼

2023 · 86.0%

Current ratio

6.43▲

2023 · 5.63

Quick ratio

5.86▲

2023 · 5.20

Debt / equity

0.22▲

2023 · 0.16

ROE

4.5%▼

2023 · 12.5%

ROA

3.6%▼

2023 · 10.7%

Interest coverage

15.29▼

2023 · 142.78

Debt

€1.29M▲

2023 · €900k

Debt ≤ 1 year

€835k▼

2023 · €900k

Debt > 1 year

€457k

Income taxes

€94k▼

2023 · €239k

Staff costs

€1.41M▼

2023 · €1.46M

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€6.43M€7.07M▲

Fixed assets21/28€1.36M€1.71M▲

Intangible fixed assets21€28k€21k▼

Tangible fixed assets22/27€1.30M€1.65M▲

Land and buildings22€816k€709k▼

Plant, machinery and equipment23€383k€318k▼

Furniture and vehicles24€89k€69k▼

Leasing and similar rights25€13k€551k▲

Financial fixed assets28€28k€44k▲

Other financial fixed assets284/8€28k€44k▲

Amounts receivable and cash guarantees285/8€28k€44k▲

Current assets29/58€5.07M€5.36M▲

Stocks and contracts in progress3€384k€471k▲

Stocks30/36€384k€471k▲

Goods purchased for resale34€384k€471k▲

Amounts receivable within one year40/41€2.78M€3.21M▲

Trade receivables40€2.22M€2.82M▲

Other amounts receivable41€554k€396k▼

Cash at bank and in hand54/58€1.88M€1.68M▼

Deferred charges and accrued income490/1€31k€114▼

Equity and liabilities

Total equity and liabilities10/49€6.43M€7.07M▲

Equity10/15€5.53M€5.78M▲

Contributions10/11€19k€19k=

Reserves13€5.51M€5.76M▲

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Distributable reserves133€5.51M€5.76M▲

Amounts payable17/49€900k€1.29M▲

Amounts payable after more than one year17-€457k

Financial debts170/4-€457k

Leasing and similar obligations172-€457k

Amounts payable within one year42/48€900k€835k▼

Current portion of amounts payable after more than one year42€60k€97k▲

Financial debts43€81k€91k▲

Credit institutions430/8€81k€91k▲

Trade debts44€592k€485k▼

Suppliers440/4€592k€485k▼

Advances received on contracts in progress46€18k€14k▼

Taxes, remuneration and social security45€149k€143k▼

Taxes450/3€38k€8k▼

Remuneration and social security454/9€111k€135k▲

Other amounts payable47/48-€4k

Income statement Code20232024

Operating income70/76A€11.71M€12.51M▲

Turnover70€11.67M€12.47M▲

Other operating income74€31k€21k▼

Non-recurring operating income76A€13k€24k▲

Operating charges60/66A€10.85M€12.22M▲

Goods for resale, raw materials and consumables60€6.56M€7.18M▲

Purchases600/8€6.51M€7.26M▲

Change in stocks: decrease (increase)609€43k€-87k▼

Services and other goods61€2.56M€3.10M▲

Remuneration, social security and pensions62€1.46M€1.41M▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€246k€354k▲

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€118k

Other operating charges640/8€23k€15k▼

Non-recurring operating charges66A-€48k

Operating profit (loss)9901€866k€293k▼

Financial income75/76B€88k€134k▲

Recurring financial income75€88k€134k▲

Income from financial fixed assets750-€16k

Income from current assets751€4k-

Other financial income752/9€85k€118k▲

Financial charges65/66B€27k€75k▲

Recurring financial charges65€27k€75k▲

Debt charges650€8k€42k▲

Other financial charges652/9€19k€32k▲

Profit (loss) for the period before taxes9903€928k€352k▼

Income taxes67/77€239k€94k▼

Taxes670/3€239k€94k▼

Profit (loss) for the period9904€689k€257k▼

Profit (loss) for the period to be appropriated9905€689k€257k▼

Appropriation of the result

Profit (loss) to be appropriated9906€689k€257k▼

Transfer to equity691/2€689k€257k▼

To other reserves6921€689k€257k▼

Social balance

Average headcount (FTE)908714.524.1▲

The notes to these accounts (80 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 14Financial 3Gazette 1Filings 10

2026

23-03

State Gazette act Capital & shares · Restructuring

General meeting · 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

2025

11-09

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 42 days late

2024

31-12

Financial Weakest financial yearnet €257k ▼62.6%

Net result drops to €257k, the lowest in the series.

13-11

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 105 days late

2023

31-12

Financial Equity above €5MEq €5.53M ▲14.2%

6 profitable years in a row build equity to €5.53M.

22-08

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 22 days late

03-03

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 31 days late

2022

31-08

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema · 31 days late

2021

03-11

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema · 95 days late

2020

02-11

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema · 94 days late

2019

31-12

Financial Highest result since 2018net €995k ▲35.1%

Operating result €1.23M, net result €995k, both a record.

29-08

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema · 29 days late

2018

28-08

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema · 28 days late

2017

07-08

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema · 7 days late

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2023

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

18-12-2023 Jeunen Jos: Resigned as Director

25-08-2020 JEUNEN Jos Anna Louis: Resigned as Director

Location & real-estate footprint

Registered office, Oudsbergen · 1 establishment unit since 2007

establishment The establishment unit on the map

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.

Nijverheidslaan 15633660 Oudsbergen

Ground area

8,133 m²

Building footprint

2,841 m²