ALWECON
ActiveSummary
ALWECON has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €115k and a net result of €2k. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 93% of 1030 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-3
Solvency100=
Growth71=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 4.52 against 2.7 in 2024; short-term debt: 7% and cash: 30.7% of total assets), and 9.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 25
Relative position
BE, all sectors
reference
Sector 25
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
90.8%
Return on assets
1.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
28 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
434 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€35k▼ 19.3%
2020 · €43k
2019: €24k
2020: €43k
2019 → 2021
EBIT margin
12.4%▲ 16.8pp
2020 · -4.4%
2019: -67.2%
2020: -4.4%
2019 → 2021
Net result
€2k▼ 62.5%
2024 · €5k
2018: €-41k
2019: €-17k
2020: €2k
2021: €2k
2022: €8k
2023: €-9k
2024: €5k
2018 → 2025
Working capital
€31k▲ 21.7%
2024 · €26k
2018: €-4k
2019: €17k
2020: €33k
2021: €48k
2022: €35k
2023: €26k
2024: €26k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€35k-
Equity€109k-€118k▲ 7.7%€109k▼ 7.8%€113k▲ 4.2%€115k▲ 1.5%
Operating result€4k-€10k▲ 135%€-9k€5k€2k▼ 56.3%
Net result€2k-€8k▲ 247%€-9k€5k€2k▼ 62.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 56% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €127k
Fixed assets
€87k ▼ 4.3%
Current assets
€40k ▼ 1.6%
Equity and liabilities €127k
Equity
€115k ▲ 1.5%
Debt
€12k ▼ 34.8%
Debt's share of the balance-sheet total falls from 13.6% to 9.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€7k▼
2024 · €10k
Cash flow
€7k▼
2024 · €9k
Current ratio
4.52▲
2024 · 2.70
Debt to equity
0.10▼
2024 · 0.16
ROE
1.5%▼
2024 · 4.0%
ROA
1.3%▼
2024 · 3.5%
Interest coverage
13.78▼
2024 · 17.62
Debt ≤ 1 year
€9k▼
2024 · €15k
Debt > 1 year
€2k=
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€131k€127k▼
Fixed assets21/28€90k€87k▼
Tangible fixed assets22/27€90k€87k▼
Land and buildings22€90k€85k▼
Plant, machinery and equipment23-€1k
Current assets29/58€41k€40k▼
Amounts receivable within one year40/41€651€1k▲
Trade receivables40€426€1k▲
Other amounts receivable41€225€2▼
Cash at bank and in hand54/58€40k€39k▼
Equity and liabilities
Total equity and liabilities10/49€131k€127k▼
Equity10/15€113k€115k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€60k€60k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€54k€54k=
Profit (loss) carried forward14€-9k€-7k▲
Amounts payable17/49€18k€12k▼
Amounts payable after more than one year17€2k€2k=
Other amounts payable178/9€2k€2k=
Amounts payable within one year42/48€15k€9k▼
Trade debts44€9k€2k▼
Suppliers440/4€9k€2k▼
Taxes, remuneration and social security45€144€471▲
Taxes450/3€144€471▲
Other amounts payable47/48€6k€7k▲
Accrued charges and deferred income492/3€800€800=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Other operating charges640/8€4k€4k▼
Gross operating margin9900€14k€12k▼
Operating profit (loss)9901€5k€2k▼
Financial charges65/66B€552€521▼
Recurring financial charges65€552€521▼
Profit (loss) for the period before taxes9903€5k€2k▼
Profit (loss) for the period9904€5k€2k▼
Profit (loss) for the period to be appropriated9905€5k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-7k▲
Profit (loss) brought forward from the previous period14P€-14k€-9k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €8k ▲247%
Operating result €10k, net result €8k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 434 days late
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
2019
31-12
Financial
Liquidity times 5current ratio 3.83
Current ratio from 0.70 to 3.83; short-term debt falls from €14k to €6k.
20-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Maaseik · 1 establishment unit since 1998
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.
Kokkelstraat 113680 MaaseikGround area
4,149 m²
Building footprint
480 m²
Volume, LiDAR
3,957 m³
Parcel 72024A1987/00A000, Flanders · tallest building 17.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Kokkelstraat 11, 3680 Maaseik
since 19982.089.427.411
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72024A1987/00A000 | Flanders | 4,149 m² | 1 · 480 m² | 17.9 m · 3 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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Of 3,986 companies in sector 25110 we hold annual accounts for 2,147. 1,646 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-12-1998
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.