ET ALORS
The computed 12-month bankruptcy probability of ET ALORS is 5.2% (elevated). The 2024 annual accounts show equity of €2k and a net result of €-14k. Equity is shrinking by ~83.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 25% of 550 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €2k |
| Net result | €-14k |
| Staff (FTE) | 2 |
| Better than sector | 25% |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 0.4% | 19.1% | |
| Net result | €-14k | €19k | |
| Equity | €2k | €64k | |
| Gross operating margin | €186k | €293k | |
| Staff costs | €132k | €239k |
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €45k |
| Net profit | €-14k |
| Cash flow | €29k |
| Staff costs | €132k |
| Income taxes | - |
| Dividends | - |
| Total assets | €435k |
| Equity | €2k |
| Debt | €433k |
| of which ≤ 1y | €183k |
| of which > 1y | €249k |
| Working capital | €-123k |
| Employees (FTE) | 2.0 |
| 2024 | |
|---|---|
| Current ratio | 0.33 |
| Quick ratio | 0.24 |
| Working capital ratio | -28.3% |
| Solvency | 0.4% |
| Debt / equity | 234.55 |
| Long-term debt ratio | 135.06 |
| Interest coverage | 2.75 |
| Gross margin | - |
| Net margin | - |
| ROA | -3.3% |
| ROE | -780.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €435k |
| Fixed assets | 21/28 | €375k |
| Formation expenses | 20 | €297 |
| Intangible fixed assets | 21 | €1k |
| Tangible fixed assets | 22/27 | €374k |
| Financial fixed assets | 28 | €285 |
| Current assets | 29/58 | €60k |
| Stocks & contracts in progress | 3 | €16k |
| Amounts receivable within one year | 40/41 | €16k |
| Cash & bank | 54/58 | €25k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €435k |
| Equity | 10/15 | €2k |
| Contributions / capital | 10/11 | €10k |
| Reserves | 13 | €0 |
| Accumulated profits (losses) | 14 | €-8k |
| Amounts payable | 17/49 | €433k |
| Amounts payable after one year | 17 | €249k |
| Amounts payable within one year | 42/48 | €183k |
| Trade debts payable within one year | 44 | €88k |
| Income statement | ||
| Gross operating margin | 9900 | €186k |
| Operating result | 9901 | €1k |
| Financial income | 75 | €537 |
| Financial charges | 65 | €16k |
| Result before taxes | 9903 | €-14k |
| Net result for the period | 9904 | €-14k |
| Result to be appropriated | 9905 | €-14k |
| NACE primary | Activiteiten van eetgelegenheden met volledige bediening(56111) |
| Legal form | Private limited company(610) |
| Incorporation | 24-12-2021 |
| Status | Active |
| Postal code | 9000 |
Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44804D1627/00S000 | Flanders | 84 m² | 1 · 84 m² | 19.8 m · 6 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
04-05-2026 Seat change · Power of attorney · Officer appointment · Act object
- Filing: 2026-04-16 · ET ALORS
- Publication: 2026-05-04 · ET ALORS
- Seat change: to: Hippoliet Lippensplein 25, 9000 Gent, from: Stationsstraat 72, 9860 Oosterzele, decision_date: 2026-03-19, effective_date: 2026-01-22 · ET ALORS
- Power of attorney: date: 2026-03-19, scope: voor wat betreft de acties nodig voor de uitvoering en verwerking en publicatie van de beslissingen van deze vergadering, duration: voor onbepaalde tijd en tot aan de uitdrukkelijke herroeping, granted_by: bevoegde bestuursorgaan · ET ALORS
- Officer appointment: role: Bestuurder · Sylvester Parmentier
- Act object: Zetel (zetelverplaatsing)
Technical details
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}28-12-2021 Incorporation of a new BV
Technical details
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"founders": [
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"niss": null,
"address": "9820 Merelbeke, Lindestraat 13 bus 0101"
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"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | ET ALORS |