ALVACO SERVICES

Active

Private limited companyfounded 20251 year activeSchellebellepontweg 10, 9820 Merelbeke-Melle, BelgiumKBO/BCE: BE 1023.133.630

Summary

ALVACO SERVICES has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15,262 and a net result of €10,262. Its solvency ranks better than 42% of 5,470 sector peers (NACE 81, fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Risk analysisWatch Report Compare

ALVACO SERVICESActiveChecked score 68/100

Risk analysis Report Compare

Activity

Other building cleaning and industrial cleaning

NACE 81220

1 site

Size

€46,007total assets 2025

Equity: €15,262
Profit: €10,262

Turnover not published (abridged schema)

Financial health

68 Healthy Checked score 2025

Bankruptcy probability, 12 months: 1.0%

Structure

Accounts 4 days early0 of 1 deed read

Why 68- Founded in 2025- Size: total assets €46,007- Sector Services to buildings and landscape activities (NACE 81)+ Liquidity: current ratio 1.32, cash €17,564Show the evidence

Checked score

Score 2025

68 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 65% of its sector peers (NACE 81, micro)

Every signal that weighs is under Signals.

Financial strength

Strong

Solvency 58

equity 33.2% of total assets

Liquidity 70

short-term debt 53.8% · cash 38.2%

Profitability 97

return on assets 22.3%

Bankruptcy probability, 12 months

1.0% Low

0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (7,667 companies)

Last 24 months 06-2026: 2.0% 07-2026: 2.0%● unchanged vs 06-2026highest value 08-2026: 0.9%▼ -1.1 percentage points vs 07-2026lowest value 09-2026: 0.9%● unchanged vs 08-2026 10-2026: 1.0%▲ +0.1 percentage points vs 09-2026

Credit up to €1,000 at 30 days acceptable

Liquidity tight (current ratio 1.32; short-term debt: 53.8% and cash: 38.2% of total assets), and 66.8% of the assets are financed with debt.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 81, micro): better than 41% on solvency, 73% on liquidity and 82% on profitability.

The bankruptcy probability was computed on 07-10-2026 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.

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

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