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ALUWIN

Active Public limited companyfounded 2001active for 25 yearsAvenue Jean Mermoz 12, 6041 CharleroiKBO/BCE: BE 0474.005.544 subsidiary of RAPOSO SA#2 employer in Hainaut, Wood and cork sector

Lifetime

19 annual accounts with figures on one time axis, 25 filings since 2001
Gross marginpeak €2.3m (2023)
€2.2m▲ 2.2%
Resultlowest -€418,461 (2012)
-€22,032▼ €40,120
Equitypeak €1.1m (2010)
€848,768▼ 2.5%
Debts
€1.9m▲ 42.7%
Staffpeak 38.8 FTE (2010)
32.3 FTE▲ 5.9%
Board3 names since 2018
3 directorsCOQUELET Christophe and 2 others
Owners2 names in the annual accounts
  
Documentsfilings and deeds
29-08-202629 days late
2025financial year
Loss of €22,032Debts from €1.4m to €1.9mInvestments €303,392Cash from €691,172 to €480,716

Key points

from the 2025 annual accounts

Turnover

≈ €3.9m estimated

The accounts state no turnover.

Debts

€1.9m ▲ 42.7%
Suppliers
+0.3
Financial debts
+0.2
Taxes and wages
+0.03
The rest
+0.1

Debts rose by €582,854 in 2025.

Investments

€303,392 2.0 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Staff

33 employees on 31-12-2025
83202196202279202413102025

In 2025, 13 people joined and 10 left.

Filings

25 annual accounts since 2001
AprilJune31 JulyOctober20102020

Six of the last ten came late. The 2022 accounts came latest: 43 days after the end of the period.

Position in the sector

€2.2m

Higher gross margin than 92% of companies in wood and cork. Sector median €604,812 · 119 companies.

Checked score

85
Excellent
Financially stronger than 32% of small companies in wood and cork (NACE 16)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 165 companies (NACE 16, small).

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.2%▲ +0.1 percentage points vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.3%▲ +0.1 percentage points vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.3%▼ -0.3 percentage points vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026

Financial strength
Weak

Solvency
55-5equity 30.4% of total assets
Liquidity
43-20short-term debt 56.0% · cash 17.2%
Profitability
38-3return on assets -0.8%

Score breakdown

raises risk
Size: 32.3 FTE, total assets €2.8m
lowers risk
Founded in 2001
Figures for financial year 2025 (filed on 29-08-2026)
Liquidity: current ratio 1.45, cash €480,716
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 16, small). It does better than 32% of them on solvency, 43% on liquidity, 24% on profitability and 30% on growth.

The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 8,617 companies had the same profile as ALUWIN has now. Each dot stands for 22 companies, two years later.

94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of ALUWIN itself: 0.3% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 8,617 companies, not a prediction for ALUWIN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €70,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.45 (1.94 in 2024), below the usual 1.5. Short-term debt is 56% and cash 17.2% of total assets. 69.6% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Founded in 2001
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 29-08-2026)
NBB · annual accounts
raises risk · Size: 32.3 FTE, total assets €2.8m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.45, cash €480,716
NBB · annual accounts
raises risk · 2025 accounts filed 29 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
29 days late
2024
31 days early
2023
1 day early
2022
43 days late
2021
12 days late
2020
2 days early
2019
20 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 10 days after the deadline. In the sector (NACE 16), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 12 August (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

CC
Director, since 24-01-2024
DK
Director, since 24-01-2024
MR
Director, since 24-01-2024
  • RAPOSO SA consolidatesbankrupt since 24-03-2014annual accounts 2008
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0474005544
3 directors reappointed COQUELET Christophe, D'HOORE Koen and MARKO Roman · General meeting of 23-01-2024 · Gazette deed
First establishment Avenue Jean Mermoz 12, Charleroi
Incorporation published on 16-02-2001 · Gazette deed
All 33 events

Comparable companies

same main activity, similar in size and age
Company Total assets Gross margin Solvency Staff
ALUWIN Charleroi €2.8m €2.2m 30.4% 32.3
ARO Malle €2.6m €2.5m 27.1% 33.9
MENUISERIE PHILIPPE PREUD'HOMME & CIE Beyne-Heusay €2.5m €2.6m 28.4% 38
STEVENS HOUTTECHNIEK Sint-Truiden €3.5m €2.0m 57.9% 24.6
BOURDEAUD'HUI Geraardsbergen €3.3m €2.0m 25.5% 27.6
SORY Mouscron €4.1m €1.9m 17.7% 31.9
VOO.DO Aarschot €2.9m €1.9m 15.8% 19.6

These companies have the same main activity as ALUWIN: manufacture of other builders' carpentry and joinery (NACE 16230). They are comparable in size and age: total assets between €2.5m and €4.1m, founded between 1989 and 2002.

Official details

Source: KBO
Status
Active since 05-02-2001Normal situation
Activity
Manufacture of other builders' carpentry and joineryNACE 16230and 2 others
Joint committees
111Metal, mechanical and electrical engineering
209White-collar workers in metal manufacturing · annual accounts 2023
Establishment unit
2.094.336.7976041 Charleroi, since 20-03-2001
Financial year end
31 December
Peppol
Reachable since 18-12-2025
Company details

Annual accounts 2025

Total assets
€2.8m▲ 11.6%
Employeeson 31-12-2025
33▲ 10.0%
Filing
Filed on 29-08-2026
Financials

Insights on ALUWIN

ALUWIN has existed since 2001. The gross margin grew from €1.6m in 2007 to €2.2m in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ALUWIN

What is the company number of ALUWIN?
The company number of ALUWIN is 0474.005.544. The VAT number is the same number with BE in front: BE 0474.005.544.
Where is ALUWIN based?
The registered office is at Avenue Jean Mermoz 12, 6041 Charleroi.Company details
What does ALUWIN do?
According to the KBO register, the main activity is manufacture of other builders' carpentry and joinery (NACE 16230).
What is the legal form of ALUWIN?
ALUWIN is a public limited company (NV).
When was ALUWIN founded?
ALUWIN was founded on 05-02-2001.
Is ALUWIN still active?
Yes, ALUWIN is an active enterprise in the KBO register.
How many employees does ALUWIN have?
ALUWIN had an average of 32.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ALUWIN fall under?
In its 2023 annual accounts, ALUWIN states joint committees 111 (Metal, mechanical and electrical engineering) and 209 (White-collar workers in metal manufacturing).
What is the turnover of ALUWIN?
The turnover in financial year 2025 is ≈ €3.9m. This figure is estimated from the gross margin of €2.2m and 1,585 comparable companies of the same size. It probably lies between €2.6m and €6.4m. It is a rough estimate.
Is ALUWIN profitable?
In financial year 2025, ALUWIN made a loss of €22,032.
Where can I find the annual accounts of ALUWIN?
ALUWIN filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ALUWIN due?
ALUWIN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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