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Alvase

Active
Private limited companyfounded 20214 yrs activeOude Veerlebaan 10, 2430 Laakdal, BelgiumKBO/BCE: BE 0775.845.491

The computed 12-month bankruptcy probability of Alvase is 1.8% (moderate). The 2025 annual accounts show equity of €34k and a net result of €18k. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 41% of 1902 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
68 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability94▼-6
Solvency62▼-31
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.33 against 2.81 in 2024; short-term debt: 62.9% and cash: 35.6% of total assets), and 62.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
37.1%
Return on assets
20.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-04-2026, 101 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
101 d early
2024
34 d early
2023
1 d early
2022
3 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
21-09-2026 today31-12-2026 close31-07-2027 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

Financials · fiscal year 2025, micro schema

Equity
€34k▼ 42.0%
2024 · €58k
2022: €31k 2023: €28k 2024: €58k
2022 → 2025
Total assets
€91k▲ 6.0%
2024 · €85k
2022: €58k 2023: €72k 2024: €85k
2022 → 2025
Net result
€18k▼ 44.5%
2024 · €33k
2022: €30k 2023: €-3k 2024: €33k
2022 → 2025
Working capital
€19k▼ 55.8%
2024 · €43k
2022: €24k 2023: €8k 2024: €43k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2022202320242025Trend
Equity€31k-€28k▼ 8.7%€58k▲ 107%€34k▼ 42.0%
Operating result€35k-€-1k€44k€26k▼ 41.1%
Net result€30k-€-3k€33k€18k▼ 44.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2022: €35k€35kNet result 2022: €30k€30kOperating result 2023: €-1k€-1kNet result 2023: €-3k€-3kOperating result 2024: €44k€44kNet result 2024: €33k€33kOperating result 2025: €26k€26kNet result 2025: €18k€18k2022202320242025
The operating result falls in 2025; 2025 is 41% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €91k
Fixed assets €15k▼ 23.2%
Current assets €76k▲ 14.5%
Equity and liabilities €91k
Equity €34k▼ 42.0%
Debt €57k▲ 107%
The debt ratio rises from 32.2% to 62.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€38k
2024 · €56k
Cash flow
€31k
2024 · €46k
Solvency
37.1%
2024 · 67.8%
Current ratio
1.33
2024 · 2.81
Quick ratio
1.24
2024 · 2.66
Debt / equity
1.69
2024 · 0.47
ROE
54.4%
2024 · 56.9%
ROA
20.2%
2024 · 38.6%
Interest coverage
98.15
2024 · 102.14
Debt
€57k
2024 · €27k
Debt ≤ 1 year
€57k
2024 · €24k
Income taxes
€7k
2024 · €10k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€85k€91k
Fixed assets21/28€19k€15k
Tangible fixed assets22/27€19k€15k
Plant, machinery and equipment23€4k€10k
Furniture and vehicles24€13k€4k
Other tangible fixed assets26€1k€1k
Current assets29/58€66k€76k
Stocks and contracts in progress3€3k€5k
Stocks30/36€3k€5k
Amounts receivable within one year40/41€27k€37k
Trade receivables40€25k€36k
Other amounts receivable41€3k€703
Cash at bank and in hand54/58€35k€32k
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€85k€91k
Equity10/15€58k€34k
Contributions10/11€2k€2k=
Reserves13€56k€32k
Distributable reserves133€56k€32k
Amounts payable17/49€27k€57k
Amounts payable after more than one year17€4k-
Financial debts170/4€4k-
Amounts payable within one year42/48€24k€57k
Current portion of amounts payable after more than one year42€5k€4k
Financial debts43-€22
Credit institutions430/8-€22
Trade debts44€5k€2k
Suppliers440/4€5k€2k
Taxes, remuneration and social security45€11k€17k
Taxes450/3€11k€17k
Other amounts payable47/48€3k€33k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k
Other operating charges640/8€641€1k
Gross operating margin9900€57k€40k
Operating profit (loss)9901€44k€26k
Financial income75/76B€230€1
Recurring financial income75€230€1
Financial charges65/66B€552€389
Recurring financial charges65€552€389
Profit (loss) for the period before taxes9903€43k€25k
Income taxes67/77€10k€7k
Profit (loss) for the period9904€33k€18k
Profit (loss) for the period to be appropriated9905€33k€18k
Appropriation of the result
Profit (loss) to be appropriated9906€33k€18k
Transfer from equity791/2-€24k
Transfer to equity691/2€30k-
To other reserves6921€30k-
Profit to be distributed694/7€3k€43k
Return on contributions (dividend)694€3k€43k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
21-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
27-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €33k
Net result €33k after one loss-making year.
31-12
Financial Liquidity doublescurrent ratio 2.81
Current ratio from 1.22 to 2.81; short-term debt falls from €36k to €24k.
30-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet €-3k ▼109%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
28-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Laakdal · 1 establishment unit since 2021
establishment The establishment unit on the map
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.

Oude Veerlebaan 102430 Laakdal
Ground area
1,051 m²
Building footprint
153 m²
Volume, LiDAR
838 m³
Parcel 13007B0298/00G000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Alvase
Oude Veerlebaan 10, 2430 LaakdalManufacture of metal structures and parts of structures
since 20212.323.278.969
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13007B0298/00G000 Flanders 1,051 m² 1 · 153 m² 7.9 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 3,986 companies in sector 25110 we hold annual accounts for 2,147. 1,270 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded18-10-2021
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.