ALVI
ActiveSummary
ALVI has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€37,778) and a net result of €7,981. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 9% of 26040 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability97▼-3
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.48 against 0.37 in 2023; short-term debt: 207% and cash: 0% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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
-107%
Return on assets
22.6%
Age of the figures
21 mo
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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 26040 sector peers (2024).
NBB · sector comparisonPosition among 26040 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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
28 d late
2023
29 d late
2022
59 d late
2020
31 d late
2019
73 d late
2018
17 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 40 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€7,981▼ 3.9%
2023 · €8,305
Working capital
-€37,778▲ 17.5%
2023 · -€45,778
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202220232024
Operating result-€740€1,171-€2,890-€8,346€8,030▼ 3.8%
Net result-€763€1,138within the sector's middle half-€2,949within the sector's middle half-€8,305within the sector's middle half€7,981within the sector's middle half▼ 3.9%
Equity-€51,047▼ 1.5%-€49,909below the sector's middle half▲ 2.2%-€54,064below the sector's middle half--€45,758below the sector's middle half▲ 15.4%-€37,778below the sector's middle half▲ 17.4%
Total assets€18,103▼ 6.8%€18,858below the sector's middle half▲ 4.2%€17,611below the sector's middle half-€26,357below the sector's middle half▲ 49.7%€35,299below the sector's middle half▲ 33.9%
Debt€69,150▼ 0.8%€68,767▼ 0.6%€71,675-€72,115▲ 0.6%€73,077▲ 1.3%
Working capital-€52,213▼ 2.1%-€50,622▲ 3.0%-€54,163--€45,778▲ 15.5%-€37,778▲ 17.5%
Solvency-282.0%▼ 23.2pp-264.7%below the sector's middle half▲ 17.3pp-307.0%below the sector's middle half--173.6%below the sector's middle half▲ 133.4pp-107.0%below the sector's middle half▲ 66.6pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 4% below 2023.
Key figures and ratios
EBITDA
€8,049▼
2023 · €8,425
Cash flow
€8,001▼
2023 · €8,384
Current ratio
0.48▲
2023 · 0.37
Quick ratio
0.28▲
2023 · 0.16
Debt to equity
-1.93▼
2023 · -1.58
ROA
22.6%▼
2023 · 31.5%
Interest coverage
165.49▼
2023 · 205.49
Debt ≤ 1 year
€73,077▲
2023 · €72,115
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,799 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 91% are still going.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
2.5%
went bankrupt
5.3%
stopped otherwise
91%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,799 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | - | €2,144 | €275 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €566 | €453 | €371 | €79 | €20 | ▼ 75.0% |
| Other operating charges640/8 | - | - | €342 | €300 | - | - |
| Gross operating margin9900 | -€43 | €1,624 | -€2,177 | €8,725 | €8,049 | ▼ 7.7% |
| Operating profit (loss)9901 | -€740 | €1,171 | -€2,890 | €8,346 | €8,030 | ▼ 3.8% |
| Financial charges65/66B | - | - | €59 | €41 | €49 | ▲ 18.6% |
| Recurring financial charges65 | €23 | €33 | €59 | €41 | €49 | ▲ 18.6% |
| Profit (loss) for the period before taxes9903 | -€763 | €1,138 | -€2,949 | €8,305 | €7,981 | ▼ 3.9% |
| Profit (loss) for the period9904 | -€763 | €1,138 | -€2,949 | €8,305 | €7,981 | ▼ 3.9% |
| Profit (loss) for the period to be appropriated9905 | -€763 | €1,138 | -€2,949 | €8,305 | €7,981 | ▼ 3.9% |
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €18,103 | €18,858 | €17,611 | €26,357 | €35,299 | ▲ 33.9% |
| Fixed assets21/28 | €1,166 | €713 | €99 | €20 | - | - |
| Tangible fixed assets22/27 | €1,166 | €713 | €99 | €20 | - | - |
| Plant, machinery and equipment23 | - | - | €99 | €20 | - | - |
| Current assets29/58 | €16,937 | €18,145 | €17,512 | €26,337 | €35,299 | ▲ 34.0% |
| Stocks and contracts in progress3 | €15,708 | €14,639 | €14,538 | €14,538 | €14,538 | = |
| Stocks30/36 | - | - | €14,538 | €14,538 | €14,538 | = |
| Amounts receivable within one year40/41 | €1,226 | €3,506 | €2,947 | €11,799 | €20,756 | ▲ 75.9% |
| Trade receivables40 | - | - | €2,495 | €11,495 | €20,495 | ▲ 78.3% |
| Other amounts receivable41 | - | - | €452 | €304 | €261 | ▼ 14.0% |
| Cash at bank and in hand54/58 | €3 | - | €3 | - | €6 | - |
| Deferred charges and accrued income490/1 | - | - | €25 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €18,103 | €18,858 | €17,611 | €26,357 | €35,299 | ▲ 33.9% |
| Equity10/15 | -€51,047 | -€49,909 | -€54,064 | -€45,758 | -€37,778 | ▲ 17.4% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €4,487 | €4,487 | €4,487 | €4,487 | €4,487 | = |
| Non-distributable reserves130/1 | - | - | €2,008 | €2,008 | €2,008 | = |
| Reserves not available under the articles1311 | - | - | €2,008 | €2,008 | €2,008 | = |
| Distributable reserves133 | - | - | €2,479 | €2,479 | €2,479 | = |
| Profit (loss) carried forward14 | -€74,126 | -€72,988 | -€77,142 | -€68,837 | -€60,857 | ▲ 11.6% |
| Amounts payable17/49 | €69,150 | €68,767 | €71,675 | €72,115 | €73,077 | ▲ 1.3% |
| Amounts payable within one year42/48 | €69,150 | €68,767 | €71,675 | €72,115 | €73,077 | ▲ 1.3% |
| Trade debts44 | €1,168 | €542 | €1,960 | €1,460 | €1,750 | ▲ 19.9% |
| Suppliers440/4 | - | - | €1,960 | €1,460 | €1,750 | ▲ 19.9% |
| Taxes, remuneration and social security45 | - | - | - | €95 | - | - |
| Taxes450/3 | - | - | - | €95 | - | - |
| Other amounts payable47/48 | - | - | €69,715 | €70,560 | €71,327 | ▲ 1.1% |
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€763 | €1,138 | -€2,949 | €8,305 | €7,981 | ▼ 3.9% |
| + Depreciation and write-downs630 | €566 | €453 | €371 | €79 | €20 | ▼ 75.0% |
| Operating cash flow (approximation) | -€197 | €1,591 | -€2,578 | €8,384 | €8,001 | ▼ 4.6% |
| Investment in fixed assets (approximation) | - | €0 | - | -€0 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Back to profitnet €8,305
Net result €8,305 after one loss-making year.
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
31-12
Financial
Weakest financial yearnet -€2,949
Net result drops to -€2,949, the lowest in the series; recovery starts the following year.
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Back to profitnet €1,138
Net result €1,138 after one loss-making year.
12-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 73 days late
2019
17-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 17 days late
2018
03-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 3 days late
2017
27-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 149 days late
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 58 days late
2015
18-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Lasne · 1 establishment unit since 1971
Ground area
4,994 m²
Building footprint
137 m²
Volume, LiDAR
845 m³
Parcel 25051A0049/00E006, Wallonia · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Lenoir & co
since 19712.007.128.255
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25051A0049/00E006 | Wallonia | 4,994 m² | 1 · 137 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 and region
FLEURS ET DECO
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BE 0717.636.682
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GREENBE
BE 0547.778.301
Lasne
MELCHIOR SERVICES
BE 0540.843.294
Lasne
NARA
BE 0865.200.309
Lasne
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 3,390 companies in sector 47761 we hold annual accounts for 1,156. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL 2025
47761Retail sale of flowers, plants, seeds and fertilisers
20150
46216Wholesale of agricultural produce and animal feed, general range
E-invoicing
Reachable via Peppol
Peppol ID
0208:0402811207
Registered
20-11-2020
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.