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ALINCO

Active
Public limited companyfounded 1978active for 48 yearsIndustriepark-West 53, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0418.024.468
Summary

ALINCO has been active since 1978 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €2.6m and a net result of €572,070. Equity is growing by about 8.4% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Manufacture of basic metals
NACE 24100Machining of metals NACE 25530
3rd fastest staff growth in Sint-Niklaas, Manufacturing sector1 site
Size
€12.6mturnover 2026
Staff
62.6 FTE
Equity
€2.6m
Profit
€572,070
Financial health
85 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Parent
MADEPCO · 99.91%
  • BiehapDaily manager · permanent representative De Bie Karine
  • INDEPCODirector · permanent representative DEPRAETERE Peter Piet
  • MADEPCODirector · permanent representative DEPRAETERE Peter Piet
2026 accounts 23 days early3 of 10 deeds summarised
Why 85raises riskLiquidity: current ratio 0.71, cash €195,748Sector: Manufacture of basic metals (NACE 24)lowers riskFounded in 1978Profit of €572,070 (financial year 2026)Show the evidence

Checked score

Score 2026
85 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 50% of its sector peers (NACE 24, medium-sized)
Financial strength · tick = 2025
Average
Solvency 51+5
equity 26.3% of total assets
Liquidity 13+2
short-term debt 72.8% · cash 2.0%
Profitability 75+9
return on assets 5.8%
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% (47 companies, NACE 24, medium-sized)
Last 24 months 11-2024: 1.6% 12-2024: 1.6%● unchanged vs 11-2024 01-2025: 1.6%● unchanged vs 12-2024 02-2025: 1.6%● unchanged vs 01-2025 03-2025: 1.6%● unchanged vs 02-2025 04-2025: 1.6%● unchanged vs 03-2025 05-2025: 1.6%● unchanged vs 04-2025 06-2025: 1.8%▲ +0.2 percentage points vs 05-2025 07-2025: 2.1%▲ +0.3 percentage points vs 06-2025 08-2025: 2.1%● unchanged vs 07-2025highest value 09-2025: 1.4%▼ -0.7 percentage points vs 08-2025 10-2025: 1.0%▼ -0.4 percentage points vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 1.0%● unchanged vs 07-2026 09-2026: 1.2%▲ +0.2 percentage points vs 08-2026 10-2026: 0.3%▼ -0.9 percentage points vs 09-2026lowest value
Credit of up to €220,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.71, compared with 0.65 in 2025, below 1; short-term debt: 72.8% and cash: 2% of total assets), and 73.7% of the assets are financed with debt and provisions.
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 24, medium-sized): better than 24% on solvency, 9% on liquidity, 87% on profitability and 81% on growth.

The bankruptcy probability was computed on 25-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.71, cash €195,748
NBB · annual accounts
raises risk · Sector: Manufacture of basic metals (NACE 24)
KBO
lowers risk · Founded in 1978
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Profit of €572,070 (financial year 2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 28-02-2026 was due by 30-09-2026 and was filed on 07-09-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
23 days early
2025
on the day
2024
on the day
2023
5 days early
2022
21 days early
2021
13 days early
2019
28 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 24) for financial year 2024 is 15 days before the deadline, and 29% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 28-02-2027 and is due by 30-09-2027. Nothing is late today. The company usually files around 25 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today28-02-2027 year end30-09-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · full…
  2. Resignation: IMWESCO (director and managing director)Permanent representatives: De Bie Karine…
  3. Annual accounts filedfinancial year 2025 · full…

Key points

  • Positive: Result rose in 2026from €50,284 to €572,070 ▲ 11× View
  • Positive: 3rd fastest staff growth in Sint-Niklaas, Manufacturing sectorin the Checked rankings No. 3 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by MADEPCO 99.91% View
  • Positive: 7 profitable years in a rowprofit 2026: €572,070 7 years View
  • Flemish supportawarded from 2022 to 2025 €383,007 View
  • Active since 1978founded 18-02-1978 48 years View

By topic

Financials

Financial year
2026
Turnover
€12.6m
Profit
€572,070
Solvency
26.3%
Turnover▲ 6.8%
Net result
20252026
Go to Financials

Board & ownership

Board
3 members
Parent
MADEPCO · 99.91%
  • BiehapDaily manager
  • INDEPCODirector
  • MADEPCODirector
Go to Board & ownership

Timeline

Events
52
Since
1979
Next accounts
by 30-09-2027
  1. 18-07-2025Resignation: IMWESCO (director and managing director)
  2. 30-09-2024Annual accounts filed
  3. 29-02-2024Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of basic metalsNACE 24100
Founded
18-02-1978
Year ends
28-02
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
21
Financial year
From 1 March to 29 February
Annual meeting
Last Friday of August at 19:00
Purpose
“Het vervaardigen,afwerken,ontwerpen,verhandelen,monteren en installeren van alle…” (deed in Dutch)
Go to Articles of association

Key facts about ALINCO

What is the company number of ALINCO?
0418.024.468. In Belgium the VAT number is the company number with BE in front: BE 0418.024.468.
Where is ALINCO based?
The registered office is at Industriepark-West 53, 9100 Sint-Niklaas.Company details
What does ALINCO do?
According to the KBO register, the main activity is manufacture of basic metals (NACE 24100).
What is the legal form of ALINCO?
Public limited company (NV).
When was ALINCO founded?
On 18-02-1978.
Is ALINCO still active?
Yes, ALINCO is an active enterprise in the KBO register.
How many employees does ALINCO have?
On average 62.6 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
What is the turnover of ALINCO?
€12.6m in financial year 2026, according to the filed annual accounts.
Is ALINCO profitable?
In financial year 2026, ALINCO made a profit of €572,070.
Where can I find the annual accounts of ALINCO?
ALINCO filed 46 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of ALINCO due?
By 30-09-2027, for financial year 2027.Timeline

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