ALUMATIC
ActiveSummary
ALUMATIC has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.47M and a net result of €146k. Equity is growing by ~22% per year across the filed fiscal years. Its solvency ranks better than 37% of 677 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability59▼-22
Solvency61▼-4
Growth85▲+7
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €220k at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.42 in 2024; short-term debt: 57.1% and cash: 15.3% of total assets), and 64.2% of the assets are financed with debt.
Credit check for your own amount and term
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 · 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 →
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
35.8%
Return on assets
1.5%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 15-10-2025, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
29 d early
2023
19 d early
2022
3 d early
2021
18 d early
2020
32 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, full schema
Turnover
€16.11M▲ 22.0%
2024 · €13.21M
2024: €13.21M
2025: €16.11M▲ +22.0% vs 2024
2024 → 2025
EBIT margin
1.8%▼ 9.1pp
2024 · 10.9%
2024: 10.9%
2025: 1.8%▼ -83.6% vs 2024
2024 → 2025
Net result
€146k▼ 85.6%
2024 · €1.01M
2019: €33klowest value
2021: €281k
2022: €314k▲ +12.1% vs 2021
2023: €492k▲ +56.6% vs 2022
2024: €1.01M▲ +106% vs 2023highest value
2025: €146k▼ -85.6% vs 2024
2019 → 2025
Working capital
€1.95M▲ 6.2%
2024 · €1.83M
2019: €799k
2021: €1.30M
2022: €1.48M▲ +14.1% vs 2021
2023: €410k▼ -72.2% vs 2022lowest value
2024: €1.83M▲ +347% vs 2023
2025: €1.95M▲ +6.2% vs 2024highest value
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€13.21M€16.11M▲ 22.0%
2024: €13.21M
2025: €16.11M▲ +22.0% vs 2024
Equity€1.59M-€1.91M▲ 20.5%€2.39M▲ 25.3%€3.33M▲ 38.9%€3.47M▲ 4.3%
2021: €1.59Mlowest in 5 years
2022: €1.91M▲ +20.5% vs 2021
2023: €2.39M▲ +25.3% vs 2022
2024: €3.33M▲ +38.9% vs 2023
2025: €3.47M▲ +4.3% vs 2024highest in 5 years
Operating result€370k-€433k▲ 17.0%€580k▲ 34.0%€1.44M▲ 149%€289k▼ 80.0%
2021: €370k
2022: €433k▲ +17.0% vs 2021
2023: €580k▲ +34.0% vs 2022
2024: €1.44M▲ +149% vs 2023highest in 5 years
2025: €289k▼ -80.0% vs 2024lowest in 5 years
Net result€281k-€314k▲ 12.1%€492k▲ 56.6%€1.01M▲ 106%€146k▼ 85.6%
2021: €281k
2022: €314k▲ +12.1% vs 2021
2023: €492k▲ +56.6% vs 2022
2024: €1.01M▲ +106% vs 2023highest in 5 years
2025: €146k▼ -85.6% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 80% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.69M
Fixed assets
€2.21M ▲ 1.9%
Current assets
€7.48M ▲ 20.3%
Equity and liabilities €9.69M
Equity
€3.47M ▲ 4.3%
Debt
€6.22M ▲ 22.9%
Debt's share of the balance-sheet total rises from 60.3% to 64.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€654k▼
2024 · €1.78M
Cash flow
€511k▼
2024 · €1.35M
Current ratio
1.35▼
2024 · 1.42
Quick ratio
1.05▼
2024 · 1.06
Debt to equity
1.79▲
2024 · 1.52
ROE
4.2%▼
2024 · 30.5%
ROA
1.5%▼
2024 · 12.1%
Interest coverage
10.21▼
2024 · 15.61
Debt ≤ 1 year
€5.54M▲
2024 · €4.39M
Debt > 1 year
€660k▼
2024 · €671k
Income taxes
€95k▼
2024 · €378k
Staff costs
€4.10M▲
2024 · €3.78M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 87 lines
Balance sheet
Code20242025
Assets
Total assets20/58€8.39M€9.69M▲
Fixed assets21/28€2.17M€2.21M▲
Tangible fixed assets22/27€1.89M€1.93M▲
Land and buildings22€846k€909k▲
Plant, machinery and equipment23€649k€554k▼
Furniture and vehicles24€180k€152k▼
Leasing and similar rights25€211k€317k▲
Financial fixed assets28€280k€274k▼
Other financial fixed assets284/8€280k€274k▼
Amounts receivable and cash guarantees285/8€280k€274k▼
Current assets29/58€6.22M€7.48M▲
Stocks and contracts in progress3€1.59M€1.69M▲
Stocks30/36€1.33M€1.36M▲
Goods purchased for resale34€1.33M€1.36M▲
Contracts in progress37€263k€323k▲
Amounts receivable within one year40/41€2.46M€3.95M▲
Trade receivables40€2.06M€3.56M▲
Other amounts receivable41€402k€383k▼
Current investments50/53€858k€331k▼
Other investments51/53€858k€331k▼
Cash at bank and in hand54/58€1.28M€1.48M▲
Deferred charges and accrued income490/1€37k€42k▲
Equity and liabilities
Total equity and liabilities10/49€8.39M€9.69M▲
Equity10/15€3.33M€3.47M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Revaluation surpluses12€0-
Reserves13€941k€941k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€679k€679k=
Distributable reserves133€256k€256k=
Profit (loss) carried forward14€2.32M€2.47M▲
Investment grants15€2k€638▼
Amounts payable17/49€5.06M€6.22M▲
Amounts payable after more than one year17€671k€660k▼
Financial debts170/4€671k€660k▼
Leasing and similar obligations172€139k€223k▲
Credit institutions173€532k€437k▼
Amounts payable within one year42/48€4.39M€5.54M▲
Current portion of amounts payable after more than one year42€215k€195k▼
Financial debts43€602k€363k▼
Credit institutions430/8€602k€363k▼
Trade debts44€1.64M€2.65M▲
Suppliers440/4€1.64M€2.65M▲
Advances received on contracts in progress46€1.51M€1.76M▲
Taxes, remuneration and social security45€354k€547k▲
Taxes450/3-€19k
Remuneration and social security454/9€354k€528k▲
Other amounts payable47/48€70k€25k▼
Accrued charges and deferred income492/3€2k€24k▲
Income statement
Code20242025
Operating income70/76A€14.61M€16.70M▲
Turnover70€13.21M€16.11M▲
Change in stocks of work in progress, finished goods and contracts in progress71€-69k€61k▲
Other operating income74€174k€525k▲
Non-recurring operating income76A€1.29M€0▼
Operating charges60/66A€13.16M€16.41M▲
Goods for resale, raw materials and consumables60€6.58M€8.99M▲
Purchases600/8€6.72M€9.02M▲
Change in stocks: decrease (increase)609€-141k€-37k▲
Services and other goods61€2.22M€2.91M▲
Remuneration, social security and pensions62€3.78M€4.10M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€336k€366k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k€0▼
Other operating charges640/8€34k€51k▲
Non-recurring operating charges66A€215k€2k▼
Operating profit (loss)9901€1.44M€289k▼
Financial income75/76B€69k€53k▼
Recurring financial income75€69k€53k▼
Income from current assets751€4k€7k▲
Other financial income752/9€65k€46k▼
Financial charges65/66B€121k€101k▼
Recurring financial charges65€121k€101k▼
Debt charges650€114k€64k▼
Other financial charges652/9€7k€37k▲
Profit (loss) for the period before taxes9903€1.39M€241k▼
Income taxes67/77€378k€95k▼
Taxes670/3€378k€95k▼
Tax adjustments and reversals of tax provisions77€0€383▲
Profit (loss) for the period9904€1.01M€146k▼
Transfer from tax-exempt reserves789-€105k
Transfer to tax-exempt reserves689€295k€105k▼
Profit (loss) for the period to be appropriated9905€719k€146k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.32M€2.47M▲
Profit (loss) brought forward from the previous period14P€1.60M€2.32M▲
Social balance
Average headcount (FTE)908759.561.4▲
The notes to these accounts (88 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €14.61M | €16.70M | ▲ 14.3% |
| Turnover70 | - | - | - | €13.21M | €16.11M | ▲ 22.0% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | - | €-69k | €61k | ▲ 188% |
| Other operating income74 | - | - | - | €174k | €525k | ▲ 203% |
| Non-recurring operating income76A | - | €0 | - | €1.29M | €0 | ▼ 100% |
| Operating charges60/66A | - | - | - | €13.16M | €16.41M | ▲ 24.7% |
| Goods for resale, raw materials and consumables60 | - | - | - | €6.58M | €8.99M | ▲ 36.6% |
| Purchases600/8 | - | - | - | €6.72M | €9.02M | ▲ 34.3% |
| Change in stocks: decrease (increase)609 | - | - | - | €-141k | €-37k | ▲ 73.6% |
| Services and other goods61 | - | - | - | €2.22M | €2.91M | ▲ 31.2% |
| Remuneration, social security and pensions62 | - | €2.84M | €3.29M | €3.78M | €4.10M | ▲ 8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €151k | €163k | €206k | €336k | €366k | ▲ 8.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €-9k | €3k | €0 | ▼ 100% |
| Other operating charges640/8 | - | €39k | €46k | €34k | €51k | ▲ 48.0% |
| Non-recurring operating charges66A | - | €0 | - | €215k | €2k | ▼ 99.1% |
| Gross operating margin9900 | €2.76M | €3.47M | €4.11M | - | - | - |
| Operating profit (loss)9901 | €370k | €433k | €580k | €1.44M | €289k | ▼ 80.0% |
| Financial income75/76B | - | €24k | €66k | €69k | €53k | ▼ 23.2% |
| Recurring financial income75 | €46k | €24k | €66k | €69k | €53k | ▼ 23.2% |
| Income from current assets751 | - | - | - | €4k | €7k | ▲ 98.2% |
| Other financial income752/9 | - | - | - | €65k | €46k | ▼ 29.9% |
| Financial charges65/66B | - | €32k | €52k | €121k | €101k | ▼ 16.5% |
| Recurring financial charges65 | €28k | €32k | €52k | €121k | €101k | ▼ 16.5% |
| Debt charges650 | - | - | - | €114k | €64k | ▼ 43.8% |
| Other financial charges652/9 | - | - | - | €7k | €37k | ▲ 425% |
| Profit (loss) for the period before taxes9903 | €387k | €425k | €594k | €1.39M | €241k | ▼ 82.7% |
| Income taxes67/77 | €107k | €110k | €102k | €378k | €95k | ▼ 74.9% |
| Taxes670/3 | - | - | - | €378k | €95k | ▼ 74.8% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €0 | €383 | - |
| Profit (loss) for the period9904 | €281k | €314k | €492k | €1.01M | €146k | ▼ 85.6% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €105k | - |
| Transfer to tax-exempt reserves689 | - | €105k | €168k | €295k | €105k | ▼ 64.3% |
| Profit (loss) for the period to be appropriated9905 | €175k | €209k | €324k | €719k | €146k | ▼ 79.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.13M | €6.09M | €7.92M | €8.39M | €9.69M | ▲ 15.5% |
| Fixed assets21/28 | €611k | €718k | €2.20M | €2.17M | €2.21M | ▲ 1.9% |
| Tangible fixed assets22/27 | €491k | €526k | €1.97M | €1.89M | €1.93M | ▲ 2.5% |
| Land and buildings22 | - | €193k | €860k | €846k | €909k | ▲ 7.5% |
| Plant, machinery and equipment23 | - | €68k | €666k | €649k | €554k | ▼ 14.6% |
| Furniture and vehicles24 | - | €38k | €210k | €180k | €152k | ▼ 15.4% |
| Leasing and similar rights25 | - | €228k | €231k | €211k | €317k | ▲ 50.1% |
| Financial fixed assets28 | €120k | €191k | €230k | €280k | €274k | ▼ 2.4% |
| Other financial fixed assets284/8 | - | - | - | €280k | €274k | ▼ 2.4% |
| Amounts receivable and cash guarantees285/8 | - | - | - | €280k | €274k | ▼ 2.4% |
| Current assets29/58 | €4.52M | €5.37M | €5.72M | €6.22M | €7.48M | ▲ 20.3% |
| Stocks and contracts in progress3 | €1.20M | €1.58M | €1.52M | €1.59M | €1.69M | ▲ 6.2% |
| Stocks30/36 | - | €1.27M | €1.18M | €1.33M | €1.36M | ▲ 2.8% |
| Goods purchased for resale34 | - | - | - | €1.33M | €1.36M | ▲ 2.8% |
| Contracts in progress37 | - | €307k | €332k | €263k | €323k | ▲ 23.1% |
| Amounts receivable within one year40/41 | €2.32M | €2.66M | €2.47M | €2.46M | €3.95M | ▲ 60.2% |
| Trade receivables40 | - | €2.08M | €2.13M | €2.06M | €3.56M | ▲ 72.9% |
| Other amounts receivable41 | - | €575k | €336k | €402k | €383k | ▼ 4.8% |
| Current investments50/53 | €146k | €947 | €63k | €858k | €331k | ▼ 61.5% |
| Other investments51/53 | - | - | - | €858k | €331k | ▼ 61.5% |
| Cash at bank and in hand54/58 | €561k | €1.11M | €1.65M | €1.28M | €1.48M | ▲ 15.9% |
| Deferred charges and accrued income490/1 | - | €23k | €28k | €37k | €42k | ▲ 14.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.13M | €6.09M | €7.92M | €8.39M | €9.69M | ▲ 15.5% |
| Equity10/15 | €1.59M | €1.91M | €2.39M | €3.33M | €3.47M | ▲ 4.3% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | €62k | €62k | €62k | €62k | = |
| Issued capital100 | - | €62k | €62k | €62k | €62k | = |
| Revaluation surpluses12 | - | €80k | €64k | €0 | - | - |
| Reserves13 | €340k | €462k | €646k | €941k | €941k | = |
| Non-distributable reserves130/1 | - | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | - | €6k | €6k | €6k | €6k | = |
| Tax-exempt reserves132 | - | €215k | €384k | €679k | €679k | = |
| Distributable reserves133 | - | €240k | €256k | €256k | €256k | = |
| Profit (loss) carried forward14 | €1.07M | €1.28M | €1.60M | €2.32M | €2.47M | ▲ 6.3% |
| Investment grants15 | - | €30k | €21k | €2k | €638 | ▼ 70.3% |
| Amounts payable17/49 | €3.54M | €4.18M | €5.53M | €5.06M | €6.22M | ▲ 22.9% |
| Amounts payable after more than one year17 | €319k | €283k | €211k | €671k | €660k | ▼ 1.6% |
| Financial debts170/4 | - | €283k | €211k | €671k | €660k | ▼ 1.6% |
| Leasing and similar obligations172 | - | - | - | €139k | €223k | ▲ 60.3% |
| Credit institutions173 | - | - | - | €532k | €437k | ▼ 17.8% |
| Amounts payable within one year42/48 | €3.22M | €3.89M | €5.31M | €4.39M | €5.54M | ▲ 26.1% |
| Current portion of amounts payable after more than one year42 | - | €154k | €156k | €215k | €195k | ▼ 9.5% |
| Financial debts43 | - | €661k | €1.28M | €602k | €363k | ▼ 39.8% |
| Credit institutions430/8 | - | €661k | €1.28M | €602k | €363k | ▼ 39.8% |
| Trade debts44 | €1.71M | €1.68M | €2.29M | €1.64M | €2.65M | ▲ 61.9% |
| Suppliers440/4 | - | €1.68M | €2.29M | €1.64M | €2.65M | ▲ 61.9% |
| Advances received on contracts in progress46 | - | €1.05M | €1.12M | €1.51M | €1.76M | ▲ 16.2% |
| Taxes, remuneration and social security45 | - | €318k | €325k | €354k | €547k | ▲ 54.5% |
| Taxes450/3 | - | €22k | €0 | - | €19k | - |
| Remuneration and social security454/9 | - | €296k | €325k | €354k | €528k | ▲ 49.0% |
| Other amounts payable47/48 | - | €27k | €140k | €70k | €25k | ▼ 64.3% |
| Accrued charges and deferred income492/3 | - | €506 | €0 | €2k | €24k | ▲ 901% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €281k | €314k | €492k | €1.01M | €146k | ▼ 85.6% |
| + Depreciation and write-downs630 | €151k | €163k | €206k | €336k | €366k | ▲ 8.9% |
| Operating cash flow (approximation) | €431k | €477k | €698k | €1.35M | €511k | ▼ 62.1% |
| Investment in fixed assets (approximation) | - | €-269k | €-1.68M | €-305k | €-406k | ▼ 33.1% |
| Change in cash | - | €550k | €537k | €-373k | €203k | ▲ 154% |
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
2025
15-10
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
02-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
31-03
Financial
Highest result since 2019net €1.01M ▲106%
Operating result €1.44M, net result €1.01M, both a record.
2023
12-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
31-03
Financial
Equity above €2MEq €2.39M ▲25.3%
4 profitable years in a row build equity to €2.39M.
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
01-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
23-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
11-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 acts for this company are 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, Farciennes · 1 establishment unit since 1991
Ground area
2,779 m²
Building footprint
1,396 m²
Parcel 52018A0819/00A000, Wallonia. Linked by address, not a title deed.
1 establishment unit
ALUMATIC SA
since 19912.053.835.636
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52018A0819/00A000 | Wallonia | 2,779 m² | 1 · 1,396 m² | - |
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.
Recognitions · licences · registrations
Recognised contractor
1 categoryALUMATIC SA26409
Legal Entity Identifier
254900P580N30AQTNH77
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KINGSPAN DOOR COMPONENTS
BE 0423.961.363
Leuze-en-Hainaut · Eq €3.59M
Befracon
BE 0479.767.047
Ingelmunster · Eq €3.63M
DE WITTE ALUMINIUMCONSTRUCTIES
BE 0460.977.850
Laarne · Eq €3.68M
ALUFORM
BE 0463.361.575
Maldegem · Eq €3.26M
Of 908 companies in sector 25120 we hold annual accounts for 677. 326 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded08-08-1991
Fiscal year end31-03
Activities, NACEBEL 2025
25120Manufacture of fabricated metal products, except machinery and equipment
43320Joinery installation
43350Other building finishing work
Contact
Scores and ratios are computed by Checked and are not a credit decision.