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ALDRON

Active
Public limited companyfounded 2004active for 21 yearsGentse Heerweg 42, 8790 Waregem, BelgiumKBO/BCE: BE 0870.933.405
Summary

ALDRON has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.7m and a net result of €796,909. Equity is shrinking by about 19% per year across the filed financial years. Its solvency ranks better than 17% of 535 sector peers (NACE 81, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
General cleaning of buildings
NACE 81210Personal service activities NACE 96910
#1 employer in West Flanders, Building services and landscaping sector40 sites
Size
€98.8mturnover 2025
Staff
2,482 FTE
Equity
€2.7m
Profit
€796,909
Financial health
85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Parent
Group Nastor · 100%
Auditor: Moore AuditAccounts 14 days early1 of 15 deeds read
Why 85raises riskEquity €2.7m (12.9% of total assets)Sector: Services to buildings and landscape activities (NACE 81)lowers riskLiquidity: current ratio 0.80, cash €4.1mFounded in 2004Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 37% of its sector peers (NACE 81, large)
Financial strength · tick = 2024
Weak
Solvency 38-4
equity 12.9% of total assets
Liquidity 28-22
short-term debt 84.7% · cash 19.8%
Profitability 59-4
return on assets 3.8%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (58 companies, NACE 81, large)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 0.3%● unchanged vs 08-2026highest value 10-2026: 0.3%● unchanged vs 09-2026highest value
Credit of up to €220,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.8, compared with 0.87 in 2024; short-term debt: 84.7% and cash: 19.8% of total assets), and 87.1% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 81, large): better than 32% on solvency, 37% on liquidity, 53% on profitability and 25% on growth.

The bankruptcy probability was computed on 10-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Equity €2.7m (12.9% of total assets)
NBB · annual accounts
raises risk · Sector: Services to buildings and landscape activities (NACE 81)
KBO
lowers risk · Liquidity: current ratio 0.80, cash €4.1m
NBB · annual accounts
lowers risk · Founded in 2004
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 535 sector peers (2025).
NBB · sector comparison
Position among 535 sector peers
Solvency
better than 17%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
14 days early
2024
7 days early
2023
6 days early
2022
5 days early
2021
3 days early
2020
12 days early
2019
42 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 13 days before the deadline; the sector median (NACE 81) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
11-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Appointment: MOORE AUDIT BV (statutory auditor)Permanent representative: Maud Turcq ·…
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Positive: Employer in West Flanders, Building services and landscaping…in the Checked rankings #1 View
  • Caution: Result fell in 2025from €1.6m to €796,909 ▼ 49.7% View
  • Positive: 5 years of growth in a rowturnover 2025: €98.8m 5 years View
  • Flemish supportawarded 2022 - 2025 €219.2m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by Group Nastor 100% View

By topic

Financials

Financial year
2025
Turnover
€98.8m
Profit
€796,909
Solvency
12.9%
Turnover▲ 2.4%
Net result
20182025
Go to Financials

Timeline

Events
24
Since
2006
Next accounts
by 31-07-2027
  1. 25-07-2024Annual accounts filed
  2. 26-07-2023Annual accounts filed
  3. 31-12-2022Weakest financial year
Go to Timeline

Company details

Sites
40
Legal form
Public limited company
Activity
General cleaning of buildingsNACE 81210
Founded
31-12-2004
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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