ALS GROUP · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

ALS GROUP is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €223k and a net result of €222k. Its solvency ranks better than 15% of 3139 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Signals

1 signal · with evidence

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 3139 sector peers (2024).

View the sector comparison

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-08-2025, 22 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.

How we compute the deadline

There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2024	31-07-2025	22-08-2025	22 d late	2025-00396674

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Young company

Founded in 2023, under 3 years, statistically higher risk.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.

Financials

Equity€223k

Net result€222k

Total assets€2.70M

Solvency8.3%

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 22-08-2025 with the NBB · fiscal year 2024 · micro

Sector comparison

Fiscal year 2024 · NACE 64, Financial services · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	8.3%	52.5%	better than 15% of 3139 sector peers
Net result	€222k	€32k	better than 95% of 3135 sector peers
Equity	€223k	€75k	better than 79% of 3140 sector peers
Gross operating margin	€408k	€52k	better than 95% of 3132 sector peers
Staff costs	€67k	€9k	higher than 82% of 277 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	n/a
EBITDA	n/a
Net profit	€222k
Cash flow	n/a
Staff costs	€67k
Income taxes	€79k
Dividends	-
Total assets	€2.70M
Equity	€223k
Debt	€2.48M
of which ≤ 1y	€1.98M
of which > 1y	€501k
Working capital	n/a
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	n/a
Quick ratio	n/a
Working capital ratio	n/a
Solvency	8.3%
Debt / equity	n/a
Long-term debt ratio	n/a
Interest coverage	n/a
Gross margin	n/a
Net margin	n/a
ROA	8.2%
ROE	99.6%
EBITDA margin	n/a
Days sales outstanding	n/a
Days payable outstanding	n/a
Inventory turnover	n/a
Days inventory (DSI)	n/a

Balance-sheet composition 2024

Assets

Fixed assets €1.82M · 67.3% Current assets €882k · 32.7%

Equity & liabilities

Equity €223k · 8.3% Debt €2.48M · 91.7%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€2.70M
Fixed assets	21/28	€1.82M
Tangible fixed assets	22/27	€2k
Financial fixed assets	28	€1.82M
Current assets	29/58	€882k
Amounts receivable within one year	40/41	€877k
Cash & bank	54/58	€5k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€2.70M
Equity	10/15	€223k
Contributions / capital	10/11	€1k
Accumulated profits (losses)	14	€222k
Amounts payable	17/49	€2.48M
Amounts payable after one year	17	€501k
Amounts payable within one year	42/48	€1.98M
Trade debts payable within one year	44	€19k
Income statement
Gross operating margin	9900	€408k
Operating result	9901	€330k
Financial charges	65	€28k
Result before taxes	9903	€302k
Income taxes	67/77	€79k
Net result for the period	9904	€222k
Result to be appropriated	9905	€222k

Ratios computed by Checked.

Health barometer

FY 2024 · computed

Model not applicable to financial institutions

The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.

Directors

Directors & mandates

1 director

Former directors (1)

Valérie Vanderstukken
Director
State Gazette act 25162405 (24-12-2025)

Former
- → 15-12-2025

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary	Activiteiten van holdings(64210)
Legal form	Private limited company(610)
Incorporation	16-08-2023
Status	Active
Postal code	1070

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

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.

Paapsemlaan 201070 Anderlecht

Establishment units

1 location

ALS GROUP

Rue du Grand Péril 108, 7090 Braine-le-ComteHoldings

since 20232.348.486.992

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels2

Ground area3.8 ha

Buildings2

Building footprint1,658 m²

Volume (LiDAR)29,040 m³

Tallest building22.5 m · ±6 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Wallonia 1 (50%) Brussels 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21306C0030/00V000	Brussels	3.8 ha	1 · 1,578 m²	22.5 m · 6 fl.
55016A0258/00A006	Wallonia	278 m²	1 · 80 m²	-

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

2 acts

All acts · 2 updated 7 months ago

2025

24-12-2025 Valérie Vanderstukken resigns as director Director changes

Valérie Vanderstukken, Bestuurder

Summary: v3.2

Original publication ↗

2023

18-08-2023 Incorporation of a new SRL Incorporation

Summary: oprichting

Original publication ↗

Analysis

Snowflake analysis

financial profile on 5 axes

58 / 100

This figure rests on 3 of 5 axes. Too few to say where this company is strong or weak.

Computed on 3 of 5 axes. Not measured: health, growth. An unmeasured axis is not a zero: no data was read for it.

Health -

Profitability 100

Solvency 6

Growth -

Stability 67

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