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ALVARO

Active
Private limited companyfounded 200620 yrs activeSmidsestraat 7, 1602 Sint-Pieters-Leeuw, BelgiumKBO/BCE: BE 0883.999.305
Summary

ALVARO has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53,171 and a net result of €864. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 35% of 3650 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch ReportCompare
ALVAROActiveChecked score 93/100
Risk analysis ReportCompare

Overview

Activity
Raising of horses and other equines
NACE 01430
1 site
Size
€294,833total assets 2025
Equity
€53,171
Profit
€864
Turnover not published (abridged schema)
Financial health
93 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Accounts filed 2 d late0 of 2 deeds read
Why 93- Equity €53,171 (18.0% of total assets)+ Sector Crop and animal production, hunting and related service activities (NACE 01)+ Liquidity: current ratio 1.89, cash €69,036+ Size: total assets €294,833Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Better than 43% of its sector peers (NACE 01, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 43=
equity 18.0% of total assets
Liquidity 68+10
short-term debt 27.7% · cash 23.4%
Profitability 41-5
return on assets 0.3%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (5,677 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%▼ -0.7% vs 11-2024 01-2025: 0.2%▲ +54.4% vs 12-2024 02-2025: 0.3%▲ +51.0% vs 01-2025highest value 03-2025: 0.1%▼ -68.8% vs 02-2025 04-2025: 0.1%● 0.0% vs 03-2025 05-2025: 0.1%● 0.0% vs 04-2025 06-2025: 0.1%● 0.0% vs 05-2025 07-2025: 0.1%● 0.0% vs 06-2025 08-2025: 0.1%▲ +2.0% vs 07-2025 09-2025: 0.1%▼ -1.0% vs 08-2025 10-2025: 0.1%▲ +7.0% vs 09-2025 11-2025: 0.1%▼ -6.5% vs 10-2025 12-2025: 0.1%▲ +1.0% vs 11-2025 01-2026: 0.2%▲ +57.4% vs 12-2025 02-2026: 0.3%▲ +72.3% vs 01-2026 03-2026: 0.1%▼ -78.1% vs 02-2026lowest value 04-2026: 0.1%● 0.0% vs 03-2026lowest value 05-2026: 0.1%● 0.0% vs 04-2026lowest value 06-2026: 0.1%● 0.0% vs 05-2026lowest value 07-2026: 0.1%● 0.0% vs 06-2026lowest value 08-2026: 0.1%● 0.0% vs 07-2026lowest value 09-2026: 0.1%● 0.0% vs 08-2026lowest value 10-2026: 0.1%▲ +3.3% vs 09-2026
  • Sector Crop and animal production, hunting and related service activities (NACE 01) lowers the probability
  • Liquidity: current ratio 1.89, cash €69,036 lowers the probability
  • Size: total assets €294,833 lowers the probability for this profile
  • Equity €53,171 (18.0% of total assets) raises the probability
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 1.89 against 2.16 in 2024; short-term debt: 27.7% and cash: 23.4% of total assets), but 82% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 01, micro). Better than this share of them on solvency 32%, liquidity 76%, profitability 22%, growth against the median 42%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Sector Crop and animal production, hunting and related service activities (NACE 01)
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Liquidity: current ratio 1.89, cash €69,036
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Size: total assets €294,833
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Equity €53,171 (18.0% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 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 filings
Deviation from the deadline
2025
2 d late
2024
4 d late
2023
on the day
2022
on the day
2021
on the day
2020
28 d late
2019
on the day
← 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 5 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 31 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close05-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Back to profitnet €473

Key points

  • Total assets 20256 fiscal years filed €294,833 View
  • Active since 2006founded 05-10-2006 20 years View

By topic

Financials

Fiscal year
2025
Total assets
€294,833
Profit
€864
Solvency
18.0%
Total assets▲ 0.3%
Net result
20192025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-01-2027
  1. 02-02-2026Annual accounts filed
  2. 04-02-2025Annual accounts filed
  3. 30-06-2024Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Raising of horses and other equinesNACE 01430
Founded
05-10-2006
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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