ALVAIR
ActiveThe computed 12-month bankruptcy probability of ALVAIR is 4.4% (elevated). The 2024 annual accounts show negative equity (€-124k) and a net result of €-664. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 5% of 26043 sector peers (fiscal year 2024). The company has been active since 1980 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2024
34
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth58=
Track record92
Bankruptcy probability, 12 months
4.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Age of the figures
Age of the figures
21 mo
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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-124k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-09-2025, 35 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d late
2023
63 d late
2022
51 d late
2021
2 d early
2020
64 d late
2019
88 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
UBO non-compliance
Financials · fiscal year 2024, micro schema
Equity
€-124k▼ 0.5%
2023 · €-123k
2018: €-106k
2019: €-109k
2020: €-120k
2021: €-121k
2022: €-123k
2023: €-123k
2018 → 2024
Total assets
€663▲ 75.9%
2023 · €377
2018: €73k
2019: €28k
2020: €18k
2021: €2k
2022: €411
2023: €377
2018 → 2024
Net result
€-664▲ 24.9%
2023 · €-884
2018: €-13k
2019: €-2k
2020: €-11k
2021: €-1k
2022: €-1k
2023: €-884
2018 → 2024
Working capital
€563
2020 · €-416
2018: €68k
2019: €10k
2020: €-416
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-120k-€-121k▼ 1.2%€-123k▼ 0.8%€-123k▼ 0.7%€-124k▼ 0.5%
Operating result€-11k-€-1k▲ 87.6%€-972▲ 31.3%€-839▲ 13.8%€-619▲ 26.2%
Net result€-11k-€-1k▲ 87.2%€-1k▲ 30.5%€-884▲ 13.0%€-664▲ 24.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €619 in 2024 against €839 in 2023; the loss shrinks.
Key figures and ratios
Debt
€125k▲
2023 · €124k
Debt ≤ 1 year
€100
Debt > 1 year
€124k▲
2023 · €123k
Ratios withheld: a balance sheet total of €663 is too small for a meaningful ratio.
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€377€663▲
Current assets29/58€377€663▲
Cash at bank and in hand54/58€377€663▲
Equity and liabilities
Total equity and liabilities10/49€377€663▲
Equity10/15€-123k€-124k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-142k€-143k▼
Amounts payable17/49€124k€125k▲
Amounts payable after more than one year17€123k€124k▲
Other amounts payable178/9€123k€124k▲
Amounts payable within one year42/48-€100
Trade debts44-€100
Suppliers440/4-€100
Accrued charges and deferred income492/3€500€350▼
Income statement
Code20232024
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-9k-
Other operating charges640/8€9k€100▼
Gross operating margin9900€-739€-519▲
Operating profit (loss)9901€-839€-619▲
Financial charges65/66B€45€45=
Recurring financial charges65€45€45=
Profit (loss) for the period before taxes9903€-884€-664▲
Profit (loss) for the period9904€-884€-664▲
Profit (loss) for the period to be appropriated9905€-884€-664▲
Appropriation of the result
Profit (loss) to be appropriated9906€-142k€-143k▼
Profit (loss) brought forward from the previous period14P€-141k€-142k▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 35 days late
04-04
KBO administration
UBO non-compliance
event 24-03-2025
2024
02-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 63 days late
2023
20-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 51 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
03-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 64 days late
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 25 days late
SignalNBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Nivelles · 1 establishment unit since 2002
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.
Rue de l'Industrie 171400 NivellesGround area
1.4 ha
Building footprint
7,410 m²
Volume, LiDAR
49,589 m³
2 parcels, Wallonia · tallest building 12.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ALVAIR
since 20022.037.013.955
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25782C0576/00X007 | Wallonia | 7,110 m² | 1 · 2,735 m² | 12.6 m · 2 fl. |
| 25782C0576/00B010 | Wallonia | 6,400 m² | 1 · 4,674 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 949 companies in sector 47792 we hold annual accounts for 184.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded18-01-1980
Fiscal year end31-12
Activities, NACEBEL
47792Retail sale of second-hand clothing
52502
Sources
Crossroads Bank for EnterprisesNational Bank · 44 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.