ALERTUM
ActiveSummary
ALERTUM has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €987k and a net result of €251k. Equity is growing by ~58.7% per year across the filed fiscal years. Its solvency ranks better than 87% of 994 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability94▲+1
Solvency100▲+15
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 5.51 against 3.76 in 2024; short-term debt: 13.1% and cash: 51.1% of total assets), and 21.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
78.7%
Return on assets
20%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
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 07-07-2026, 24 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
24 d early
2024
50 d early
2023
23 d early
2022
32 d early
2021
59 d early
2020
33 d early
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€987k▲ 33.9%
2024 · €737k
2020: €24k
2021: €73k
2022: €257k
2023: €497k
2024: €737k
2020 → 2025
Total assets
€1.25M▲ 2.8%
2024 · €1.22M
2020: €655k
2021: €788k
2022: €969k
2023: €1.05M
2024: €1.22M
2020 → 2025
Net result
€251k▲ 4.3%
2024 · €241k
2020: €14k
2021: €48k
2022: €185k
2023: €240k
2024: €241k
2020 → 2025
Working capital
€742k▲ 27.5%
2024 · €582k
2020: €45k
2021: €16k
2022: €136k
2023: €346k
2024: €582k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€73k-€257k▲ 255%€497k▲ 93.1%€737k▲ 48.2%€987k▲ 33.9%
Operating result€70k-€280k▲ 301%€352k▲ 25.7%€344k▼ 2.2%€358k▲ 4.3%
Net result€48k-€185k▲ 282%€240k▲ 29.7%€241k▲ 0.4%€251k▲ 4.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 4% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.25M
Fixed assets
€347k ▼ 18.4%
Current assets
€906k ▲ 14.3%
Equity and liabilities €1.25M
Equity
€987k ▲ 33.9%
Debt
€267k ▼ 44.6%
Debt's share of the balance-sheet total falls from 39.6% to 21.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€526k▲
2024 · €502k
Cash flow
€418k▲
2024 · €399k
Current ratio
5.51▲
2024 · 3.76
Quick ratio
5.33▲
2024 · 3.61
Debt to equity
0.27▼
2024 · 0.65
ROE
25.4%▼
2024 · 32.6%
ROA
20.0%▲
2024 · 19.7%
Interest coverage
154.66▲
2024 · 108.85
Debt ≤ 1 year
€164k▼
2024 · €211k
Debt > 1 year
€100k▼
2024 · €259k
Income taxes
€111k▲
2024 · €107k
Staff costs
€208k▲
2024 · €204k
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 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.22M€1.25M▲
Fixed assets21/28€426k€347k▼
Intangible fixed assets21€325k€251k▼
Tangible fixed assets22/27€100k€97k▼
Plant, machinery and equipment23€1k€6k▲
Furniture and vehicles24€99k€90k▼
Current assets29/58€793k€906k▲
Stocks and contracts in progress3€31k€30k▼
Stocks30/36€31k€30k▼
Amounts receivable within one year40/41€360k€236k▼
Trade receivables40€336k€196k▼
Other amounts receivable41€23k€39k▲
Current investments50/53€322k-
Cash at bank and in hand54/58€80k€640k▲
Deferred charges and accrued income490/1€614€454▼
Equity and liabilities
Total equity and liabilities10/49€1.22M€1.25M▲
Equity10/15€737k€987k▲
Contributions10/11€10k€10k=
Reserves13€664k€915k▲
Distributable reserves133€664k€915k▲
Profit (loss) carried forward14€63k€62k▼
Amounts payable17/49€482k€267k▼
Amounts payable after more than one year17€259k€100k▼
Financial debts170/4€259k€100k▼
Amounts payable within one year42/48€211k€164k▼
Current portion of amounts payable after more than one year42€58k€44k▼
Trade debts44€39k€29k▼
Suppliers440/4€39k€29k▼
Advances received on contracts in progress46€6k-
Taxes, remuneration and social security45€96k€88k▼
Taxes450/3€80k€65k▼
Remuneration and social security454/9€16k€24k▲
Other amounts payable47/48€11k€3k▼
Accrued charges and deferred income492/3€12k€3k▼
Income statement
Code20242025
Non-recurring operating income76A€2k€826▼
Remuneration, social security and pensions62€204k€208k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€158k€168k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€708k€735k▲
Operating profit (loss)9901€344k€358k▲
Financial income75/76B€8k€7k▼
Recurring financial income75€8k€7k▼
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€348k€362k▲
Income taxes67/77€107k€111k▲
Profit (loss) for the period9904€241k€251k▲
Profit (loss) for the period to be appropriated9905€241k€251k▲
Appropriation of the result
Profit (loss) to be appropriated9906€303k€313k▲
Profit (loss) brought forward from the previous period14P€63k€63k=
Transfer to equity691/2€240k€251k▲
To other reserves6921€240k€251k▲
Profit to be distributed694/7€833€833=
Return on contributions (dividend)694€833€833=
The notes to these accounts (12 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
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2020net €251k ▲4.3%
Operating result €358k, net result €251k, both a record.
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €500kEq €737k ▲48.2%
5 profitable years in a row build equity to €737k.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €257k ▲255%
3 profitable years in a row build equity to €257k.
02-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Genk · 1 establishment unit since 2019
Ground area
1,752 m²
Building footprint
367 m²
Volume, LiDAR
2,284 m³
Parcel 71307H0035/00L000, Flanders · tallest building 13.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
EMAB Security
since 20192.292.389.914
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71307H0035/00L000 | Flanders | 1,752 m² | 1 · 367 m² | 13.3 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 4 entries · 3,395 EUR awarded · 3,395 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 2 | 3,151 EUR | 3,151 EUR |
| 2023 | 1 | 125 EUR | 125 EUR |
| 2022 | 1 | 119 EUR | 119 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
Similar companies · same sector, comparable size
CEYLAN-TECHNICS
BE 0860.964.476
Zele · Eq €983,066
MZN Grondwerken
BE 0898.776.264
Lokeren · Eq €969,451
MAES - RAEMDONCK
BE 0635.813.818
Zele · Eq €1,004,987
Storm Westerlo
BE 0839.407.019
Antwerpen · Eq €1,006,495
MAB
BE 0459.934.507
Kalmthout · Eq €1,012,161
Of 1,821 companies in sector 42220 we hold annual accounts for 955. 418 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 formPrivate limited company
Founded13-08-2019
Fiscal year end31-12
Activities, NACEBEL 2025
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
47789Other retail sale of new goods
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.