ALVILBO
ActiveALVILBO has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €68k and a net result of €-79k. Equity is growing by ~16.8% per year across the filed fiscal years. Its solvency ranks better than 21% of 2090 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
22
/ 100
Critical▼ -64 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency22▼-33
Growth52=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.06 against 1.39 in 2023), and 86.1% 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 risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
13.9%
Return on assets
-16.2%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 2090 sector peers (2024).
NBB · sector comparisonPosition among 2090 sector peers
Solvency
better than 21%
← 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 30-09-2025, 61 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
61 d late
2023
61 d late
2022
107 d late
2021
120 d late
2020
114 d late
2019
89 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€68k▼ 53.7%
2023 · €146k
2018: €36k
2019: €63k
2020: €105k
2021: €107k
2022: €116k
2023: €146k
2018 → 2024
Total assets
€486k▼ 0.7%
2023 · €489k
2018: €586k
2019: €540k
2020: €564k
2021: €695k
2022: €685k
2023: €489k
2018 → 2024
Net result
€-79k
2023 · €31k
2018: €33k
2019: €27k
2020: €42k
2021: €3k
2022: €8k
2023: €31k
2018 → 2024
Working capital
€24k▼ 81.3%
2023 · €126k
2018: €35k
2019: €68k
2020: €121k
2021: €130k
2022: €89k
2023: €126k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€105k-€107k▲ 2.4%€116k▲ 7.9%€146k▲ 26.5%€68k▼ 53.7%
Operating result€63k-€29k▼ 53.4%€26k▼ 11.3%€61k▲ 135%€-56k
Net result€42k-€3k▼ 93.9%€8k▲ 234%€31k▲ 261%€-79k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €56k after €61k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €486k
Fixed assets
€59k▲ 48.6%
Current assets
€427k▼ 5.0%
Equity and liabilities €486k
Equity
€68k▼ 53.7%
Debt
€418k▲ 21.9%
The debt ratio rises from 70.1% to 86.1%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-35k▼
2023 · €82k
Cash flow
€-57k▼
2023 · €52k
Solvency
13.9%▼
2023 · 29.9%
Current ratio
1.06▼
2023 · 1.39
Quick ratio
0.95▼
2023 · 1.19
Debt / equity
6.18▲
2023 · 2.34
ROE
-116.1%▼
2023 · 20.9%
ROA
-16.2%▼
2023 · 6.3%
Interest coverage
-1.50▼
2023 · 3.51
Debt
€418k▲
2023 · €343k
Debt ≤ 1 year
€404k▲
2023 · €324k
Debt > 1 year
€15k▼
2023 · €19k
Staff costs
€301k▲
2023 · €254k
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€489k€486k▼
Fixed assets21/28€40k€59k▲
Tangible fixed assets22/27€39k€58k▲
Plant, machinery and equipment23€2k€15k▲
Furniture and vehicles24€11k€25k▲
Leasing and similar rights25€26k€18k▼
Financial fixed assets28€705€705=
Current assets29/58€450k€427k▼
Stocks and contracts in progress3€65k€45k▼
Contracts in progress37€65k€45k▼
Amounts receivable within one year40/41€329k€341k▲
Trade receivables40€323k€322k▼
Other amounts receivable41€6k€19k▲
Cash at bank and in hand54/58€50k€38k▼
Deferred charges and accrued income490/1€6k€3k▼
Equity and liabilities
Total equity and liabilities10/49€489k€486k▼
Equity10/15€146k€68k▼
Contributions10/11€16k€16k=
Reserves13€130k€52k▼
Distributable reserves133€130k€52k▼
Amounts payable17/49€343k€418k▲
Amounts payable after more than one year17€19k€15k▼
Financial debts170/4€19k€15k▼
Amounts payable within one year42/48€324k€404k▲
Current portion of amounts payable after more than one year42€10k€12k▲
Financial debts43€150k€150k=
Credit institutions430/8€150k€150k=
Trade debts44€113k€164k▲
Suppliers440/4€113k€164k▲
Taxes, remuneration and social security45€34k€61k▲
Taxes450/3€14k€16k▲
Remuneration and social security454/9€20k€45k▲
Other amounts payable47/48€18k€17k▼
Income statement
Code20232024
Non-recurring operating income76A-€11k
Remuneration, social security and pensions62€254k€301k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€22k▲
Other operating charges640/8€44k€1k▼
Gross operating margin9900€380k€268k▼
Operating profit (loss)9901€61k€-56k▼
Financial income75/76B€2k€572▼
Recurring financial income75€2k€572▼
Financial charges65/66B€23k€23k▼
Recurring financial charges65€23k€23k▼
Profit (loss) for the period before taxes9903€39k€-79k▼
Income taxes67/77€9k-
Profit (loss) for the period9904€31k€-79k▼
Profit (loss) for the period to be appropriated9905€31k€-79k▼
Appropriation of the result
Profit (loss) to be appropriated9906€31k€-79k▼
Transfer from equity791/2-€79k
Transfer to equity691/2€31k-
To other reserves6921€31k-
Social balance
Average headcount (FTE)90874.65.4▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet €-79k ▼357%
Net result drops to €-79k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
15-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 107 days late
2022
28-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 120 days late
2021
22-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 114 days late
2020
31-12
Financial
Highest result since 2018net €42k ▲53.4%
Operating result €63k, net result €42k, both a record.
31-12
Financial
Equity above €100kEq €105k ▲66.4%
3 profitable years in a row build equity to €105k.
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 89 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Wuustwezel · 1 establishment unit since 2000
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.
Molenstraat 72990 WuustwezelGround area
2,532 m²
Building footprint
150 m²
Volume, LiDAR
614 m³
Parcel 11053E0455/00M000, Flanders · tallest building 5.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Molenstraat 7, 2990 Wuustwezel
since 20002.099.920.336
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11053E0455/00M000 | Flanders | 2,532 m² | 1 · 150 m² | 5.5 m · 1 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.
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CO CONSTRUCT
BE 0543.706.972
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AC BATIMENT
BE 0632.638.255
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Of 29,531 companies in sector 41001 we hold annual accounts for 15,864. 13,079 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-10-2000
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
43211General electrical installation work
43310Plastering work
43320Joinery installation
43331Floor and wall tiling
45310
45421
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.