ALUTEC
ActiveSummary
ALUTEC has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €486,886 and a net result of -€8,458. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 76% of 28184 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability67▼-1
Solvency96▼-4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 2.41 against 3.39 in 2024; short-term debt: 7.3% and cash: 9.1% of total assets), and 28.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
71.1%
Return on assets
-1.2%
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 29-10-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
29 d early
2023
26 d early
2022
62 d early
2021
2 d early
2020
3 d late
2019
30 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 21 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
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 close27-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€486,886▼ 1.7%
2024 · €495,344
Total assets
€685,187▲ 3.6%
2024 · €661,187
Net result
-€8,458▼ 33.7%
2024 · -€6,324
Working capital
€70,402▼ 2.0%
2024 · €71,827
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€185,167▲ 370%€9,306▼ 95.0%€11,955▲ 28.5%-€4,503-€7,896▼ 75.3%
Net result€137,378▲ 391%€5,436▼ 96.0%€6,981▲ 28.4%-€6,324-€8,458▼ 33.7%
Equity€489,251▲ 39.0%€494,687▲ 1.1%€501,668▲ 1.4%€495,344▼ 1.3%€486,886▼ 1.7%
Total assets€670,455▲ 24.4%€666,080▼ 0.7%€684,016▲ 2.7%€661,187▼ 3.3%€685,187▲ 3.6%
Debt€187,134=€128,257▼ 31.5%€139,908▲ 9.1%€126,139▼ 9.8%€161,334▲ 27.9%
Working capital€338,779▲ 17.4%€358,918▲ 5.9%€62,408▼ 82.6%€71,827▲ 15.1%€70,402▼ 2.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2022 Net result -96% on 2021. Cause not known from the registers.
- 2021 Net result +391% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7,896 in 2025 against €4,503 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €685,187
Fixed assets
€564,825 ▲ 1.0%
Current assets
€120,362 ▲ 18.2%
Equity and liabilities €685,187
Equity
€486,886 ▼ 1.7%
Provisions
€36,967 ▼ 6.9%
Debt
€161,334 ▲ 27.9%
Debt's share of the balance-sheet total rises from 19.1% to 23.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€35,369▼
2024 · €42,773
Cash flow
€34,807▼
2024 · €40,953
Current ratio
2.41▼
2024 · 3.39
Quick ratio
2.04▼
2024 · 3.13
Debt to equity
0.33▲
2024 · 0.25
ROE
-1.7%▼
2024 · -1.3%
ROA
-1.2%▼
2024 · -1.0%
Interest coverage
10.23▼
2024 · 10.49
Debt ≤ 1 year
€49,959▲
2024 · €30,038
Debt > 1 year
€110,649▲
2024 · €96,094
Income taxes
€0▼
2024 · €615
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,594 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.2%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 8,594 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 | - | - | €17,411 | €1,500 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,571 | €18,489 | €19,828 | €47,277 | €43,265 | ▼ 8.5% |
| Other operating charges640/8 | - | €2,209 | €3,125 | €1,952 | €4,019 | ▲ 106% |
| Non-recurring operating charges66A | - | - | €17,253 | - | - | - |
| Gross operating margin9900 | €217,024 | €30,004 | €52,161 | €44,725 | €39,387 | ▼ 11.9% |
| Operating profit (loss)9901 | €185,167 | €9,306 | €11,955 | -€4,503 | -€7,896 | ▼ 75.3% |
| Financial income75/76B | - | €80 | €50 | €135 | €159 | ▲ 18.2% |
| Recurring financial income75 | €331 | €80 | €50 | €135 | €159 | ▲ 18.2% |
| Financial charges65/66B | - | €1,797 | €1,994 | €4,077 | €3,458 | ▼ 15.2% |
| Recurring financial charges65 | €2,155 | €1,797 | €1,994 | €4,077 | €3,458 | ▼ 15.2% |
| Profit (loss) for the period before taxes9903 | €183,080 | €7,589 | €10,011 | -€8,446 | -€11,195 | ▼ 32.5% |
| Transfer from deferred taxes780 | - | €520 | €696 | €2,737 | €2,737 | = |
| Income taxes67/77 | €3,215 | €2,673 | €3,726 | €615 | €0 | ▼ 100.0% |
| Profit (loss) for the period9904 | €137,378 | €5,436 | €6,981 | -€6,324 | -€8,458 | ▼ 33.7% |
| Transfer from tax-exempt reserves789 | - | €1,560 | €2,088 | €8,210 | €8,210 | = |
| Profit (loss) for the period to be appropriated9905 | €10,249 | €6,996 | €9,069 | €1,886 | -€248 | ▼ 113% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €670,455 | €666,080 | €684,016 | €661,187 | €685,187 | ▲ 3.6% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €348,491 | €270,832 | €590,552 | €559,323 | €564,825 | ▲ 1.0% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €348,491 | €270,832 | €590,552 | €559,123 | €564,625 | ▲ 1.0% |
| Land and buildings22 | - | €252,408 | €526,679 | €501,471 | €476,264 | ▼ 5.0% |
| Plant, machinery and equipment23 | - | €8,820 | €4,237 | €725 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €9,604 | €6,085 | €14,320 | €11,960 | ▼ 16.5% |
| Leasing and similar rights25 | - | - | €53,551 | €42,607 | €76,402 | ▲ 79.3% |
| Financial fixed assets28 | €0 | - | - | €200 | €200 | = |
| Current assets29/58 | €388,194 | €395,248 | €93,464 | €101,864 | €120,362 | ▲ 18.2% |
| Stocks and contracts in progress3 | €16,519 | €23,917 | €11,875 | €7,730 | €18,527 | ▲ 140% |
| Stocks30/36 | - | €23,917 | €11,875 | €7,730 | €18,527 | ▲ 140% |
| Amounts receivable within one year40/41 | €113,879 | €59,598 | €32,382 | €22,901 | €34,605 | ▲ 51.1% |
| Trade receivables40 | - | €55,995 | €28,433 | €21,373 | €28,011 | ▲ 31.1% |
| Other amounts receivable41 | - | €3,603 | €3,949 | €1,528 | €6,594 | ▲ 332% |
| Current investments50/53 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €319,073 | €308,169 | €44,793 | €63,769 | €62,019 | ▼ 2.7% |
| Deferred charges and accrued income490/1 | - | €3,564 | €4,414 | €7,464 | €5,211 | ▼ 30.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €670,455 | €666,080 | €684,016 | €661,187 | €685,187 | ▲ 3.6% |
| Equity10/15 | €489,251 | €494,687 | €501,668 | €495,344 | €486,886 | ▼ 1.7% |
| Contributions10/11 | €61,987 | €61,987 | €61,987 | €61,987 | €61,987 | = |
| Capital10 | - | €61,987 | €61,987 | €61,987 | €61,987 | = |
| Issued capital100 | - | €61,987 | €61,987 | €61,987 | €61,987 | = |
| Reserves13 | €427,264 | €432,700 | €439,681 | €433,357 | €424,899 | ▼ 2.0% |
| Non-distributable reserves130/1 | - | €6,199 | €6,199 | €6,199 | €6,199 | = |
| Legal reserve130 | - | €6,199 | €6,199 | €6,199 | €6,199 | = |
| Tax-exempt reserves132 | - | €129,409 | €127,321 | €119,111 | €110,902 | ▼ 6.9% |
| Distributable reserves133 | - | €297,092 | €306,162 | €308,047 | €307,799 | ▼ 0.1% |
| Profit (loss) carried forward14 | €0 | - | - | - | - | - |
| Provisions and deferred taxes16 | €43,656 | €43,136 | €42,440 | €39,704 | €36,967 | ▼ 6.9% |
| Deferred taxes168 | - | €43,136 | €42,440 | €39,704 | €36,967 | ▼ 6.9% |
| Amounts payable17/49 | €187,134 | €128,257 | €139,908 | €126,139 | €161,334 | ▲ 27.9% |
| Amounts payable after more than one year17 | €137,680 | €91,893 | €108,506 | €96,094 | €110,649 | ▲ 15.1% |
| Financial debts170/4 | - | €91,893 | €108,506 | €96,094 | €110,649 | ▲ 15.1% |
| Amounts payable within one year42/48 | €49,415 | €36,330 | €31,056 | €30,038 | €49,959 | ▲ 66.3% |
| Current portion of amounts payable after more than one year42 | - | €12,545 | €18,783 | €21,228 | €30,100 | ▲ 41.8% |
| Trade debts44 | €22,350 | €13,170 | €4,098 | €3,835 | €10,294 | ▲ 168% |
| Suppliers440/4 | - | €13,170 | €4,098 | €3,835 | €10,294 | ▲ 168% |
| Taxes, remuneration and social security45 | - | €10,027 | €3,726 | - | €4,160 | - |
| Taxes450/3 | - | €3,923 | €3,726 | - | €2,310 | - |
| Remuneration and social security454/9 | - | €6,104 | - | - | €1,850 | - |
| Other amounts payable47/48 | - | €588 | €4,448 | €4,975 | €5,405 | ▲ 8.7% |
| Accrued charges and deferred income492/3 | - | €34 | €346 | €8 | €726 | ▲ 8,906% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €137,378 | €5,436 | €6,981 | -€6,324 | -€8,458 | ▼ 33.7% |
| + Depreciation and write-downs630 | €19,571 | €18,489 | €19,828 | €47,277 | €43,265 | ▼ 8.5% |
| Operating cash flow (approximation) | €156,949 | €23,925 | €26,808 | €40,953 | €34,807 | ▼ 15.0% |
| Investment in fixed assets (approximation) | - | €59,170 | -€339,547 | -€16,047 | -€48,768 | ▼ 204% |
| Change in cash | - | -€10,904 | -€263,375 | €18,976 | -€1,751 | ▼ 109% |
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
29-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet -€8,458
Net result drops to -€8,458, the lowest in the series.
2024
02-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Equity above €500,000Eq €501,668 ▲1.4%
5 profitable years in a row build equity to €501,668.
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Highest result since 2019net €137,378 ▲391%
Operating result €185,167, net result €137,378, both a record.
2020
03-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 3 days late
2019
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
03-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
22-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Heusden-Zolder · 1 establishment unit since 1994
Ground area
4,915 m²
Building footprint
1,385 m²
Volume, LiDAR
11,465 m³
Parcel 71502C0656/00E000, Flanders · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ALUTEC
since 19942.065.265.107
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71502C0656/00E000 | Flanders | 4,915 m² | 1 · 1,385 m² | 9.8 m · 3 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.
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,134. 6,012 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
Founded08-12-1993
Fiscal year end31-03
Activities, NACEBEL 2025
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0451497089
Also
9925:BE0451497089
Registered
03-09-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.