ALVEOLEX
ActiveThe computed 12-month bankruptcy probability of ALVEOLEX is 5.2% (elevated). The 2024 annual accounts show equity of €56k and a net result of €53k. Equity is growing by ~53.3% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency55▼-45
Growth78=
Track record94
Bankruptcy probability, 12 months
5.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity tight (current ratio 1.3 against 5.88 in 2023; short-term debt: 65.1% and cash: 56.2% of total assets), and 69.7% 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.
+raises risk○neutral
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 dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
30.3%
Return on assets
28.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-08-2025, 8 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
8 d late
2023
30 d late
2022
on the day
2021
46 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€56k▼ 39.0%
2023 · €91k
2021: €6k
2022: €42k
2023: €91k
2021 → 2024
Total assets
€184k▲ 55.8%
2023 · €118k
2021: €13k
2022: €72k
2023: €118k
2021 → 2024
Net result
€53k▼ 24.2%
2023 · €69k
2021: €3k
2022: €36k
2023: €69k
2021 → 2024
Working capital
€36k▼ 47.4%
2023 · €69k
2021: €6k
2022: €26k
2023: €69k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€6k-€42k▲ 559%€91k▲ 118%€56k▼ 39.0%
Operating result€4k-€44k▲ 958%€90k▲ 105%€70k▼ 21.9%
Net result€3k-€36k▲ 1,024%€69k▲ 95.3%€53k▼ 24.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 22% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €184k
Fixed assets
€28k▼ 20.8%
Current assets
€156k▲ 88.5%
Equity and liabilities €184k
Equity
€56k▼ 39.0%
Debt
€128k▲ 381%
The debt ratio rises from 22.6% to 69.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€79k▼
2023 · €97k
Cash flow
€62k▼
2023 · €76k
Solvency
30.3%▼
2023 · 77.4%
Current ratio
1.30▼
2023 · 5.88
Quick ratio
1.30▼
2023 · 5.88
Debt / equity
2.30▲
2023 · 0.29
ROE
94.5%▲
2023 · 76.0%
ROA
28.6%▼
2023 · 58.9%
Interest coverage
66.59▲
2023 · 57.91
Debt
€128k▲
2023 · €27k
Debt ≤ 1 year
€120k▲
2023 · €14k
Debt > 1 year
€8k▼
2023 · €13k
Income taxes
€17k▼
2023 · €19k
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€118k€184k▲
Fixed assets21/28€35k€28k▼
Tangible fixed assets22/27€35k€28k▼
Furniture and vehicles24€34k€27k▼
Other tangible fixed assets26€1k€1k▼
Current assets29/58€83k€156k▲
Amounts receivable within one year40/41€33k€51k▲
Trade receivables40€33k€20k▼
Other amounts receivable41-€32k
Cash at bank and in hand54/58€49k€103k▲
Deferred charges and accrued income490/1€681€1k▲
Equity and liabilities
Total equity and liabilities10/49€118k€184k▲
Equity10/15€91k€56k▼
Contributions10/11€4k€4k=
Profit (loss) carried forward14€87k€52k▼
Amounts payable17/49€27k€128k▲
Amounts payable after more than one year17€13k€8k▼
Financial debts170/4€13k€8k▼
Amounts payable within one year42/48€14k€120k▲
Current portion of amounts payable after more than one year42€4k€4k▲
Trade debts44€4k€4k▲
Suppliers440/4€4k€4k▲
Taxes, remuneration and social security45€6k€36k▲
Taxes450/3€6k€36k▲
Other amounts payable47/48€204€75k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€9k▲
Other operating charges640/8€233-
Gross operating margin9900€97k€79k▼
Operating profit (loss)9901€90k€70k▼
Financial income75/76B-€876
Recurring financial income75-€876
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€88k€70k▼
Income taxes67/77€19k€17k▼
Profit (loss) for the period9904€69k€53k▼
Profit (loss) for the period to be appropriated9905€69k€53k▼
Appropriation of the result
Profit (loss) to be appropriated9906€107k€140k▲
Profit (loss) brought forward from the previous period14P€38k€87k▲
Profit to be distributed694/7€20k€88k▲
Return on contributions (dividend)694€20k€88k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 8 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2021net €69k ▲95.3%
Operating result €90k, net result €69k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 5.88
Current ratio from 2.92 to 5.88.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · 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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2021
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.
de Mérodestraat 1271060 Sint-Gillis (bij-Brussel)Ground area
1,544 m²
Building footprint
359 m²
Volume, LiDAR
3,434 m³
2 parcels, Brussels, Flanders · tallest building 19.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
ALVEOLEX
since 20212.323.457.727
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22552E0043/00G065 | Flanders | 922 m² | 1 · 169 m² | 6.7 m · 2 fl. |
| 21562A0339/00R003 | Brussels | 622 m² | 1 · 190 m² | 19.2 m · 5 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.
Recognitions · licences · registrations
Legal Entity Identifier
98450077BEVCE715AA41
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-10-2021
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.