ALUTRADE
ActiveSummary
ALUTRADE has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.60M and a net result of €497k. Equity is shrinking by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 4867 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+8
Solvency100=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500k at 30 days acceptable
Liquidity ample (current ratio 6.9 against 0.66 in 2024; short-term debt: 0.4% and cash: 1.8% of total assets), and 0.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
99.6%
Return on assets
7.5%
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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
21 d early
2023
30 d late
2022
41 d early
2021
44 d early
2020
11 d early
2019
15 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€497k▲ 903%
2024 · €50k
2018: €398k
2019: €491k
2020: €403k
2021: €410k
2022: €404k
2023: €96k
2024: €50k
2018 → 2025
Working capital
€139k
2024 · €-286k
2018: €635k
2019: €1.13M
2020: €1.53M
2021: €1.94M
2022: €373k
2023: €476k
2024: €-286k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€11.41M-€6.81M▼ 40.3%€6.91M▲ 1.4%€6.14M▼ 11.2%€6.60M▲ 7.6%
Operating result€197k-€253k▲ 28.2%€101k▼ 60.2%€65k▼ 35.0%€94k▲ 43.5%
Net result€410k-€404k▼ 1.4%€96k▼ 76.2%€50k▼ 48.4%€497k▲ 903%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 44% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.63M
Fixed assets
€6.46M ▲ 0.6%
Current assets
€163k ▼ 70.6%
Equity and liabilities €6.63M
Equity
€6.60M ▲ 7.6%
Debt
€24k ▼ 97.2%
Debt's share of the balance-sheet total falls from 12.0% to 0.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€95k▲
2024 · €70k
Cash flow
€498k▲
2024 · €54k
Current ratio
6.90▲
2024 · 0.66
Debt to equity
0.00▼
2024 · 0.14
ROE
7.5%▲
2024 · 0.8%
ROA
7.5%▲
2024 · 0.7%
Interest coverage
62.37▲
2024 · 62.08
Debt ≤ 1 year
€24k▼
2024 · €839k
Income taxes
€25k▲
2024 · €18k
Staff costs
€89k▲
2024 · €85k
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€6.98M€6.63M▼
Fixed assets21/28€6.42M€6.46M▲
Tangible fixed assets22/27€2k€43k▲
Plant, machinery and equipment23€0-
Furniture and vehicles24€2k€43k▲
Financial fixed assets28€6.42M€6.42M=
Current assets29/58€553k€163k▼
Amounts receivable within one year40/41€54k€44k▼
Trade receivables40€9k€7k▼
Other amounts receivable41€45k€36k▼
Current investments50/53€420k€0▼
Cash at bank and in hand54/58€77k€118k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€6.98M€6.63M▼
Equity10/15€6.14M€6.60M▲
Contributions10/11€3.37M€3.37M=
Capital10€3.37M€3.37M=
Issued capital100€3.37M€3.37M=
Reserves13€2.76M€3.23M▲
Non-distributable reserves130/1€337k€337k=
Legal reserve130€337k€337k=
Distributable reserves133€2.43M€2.89M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€839k€24k▼
Amounts payable within one year42/48€839k€24k▼
Trade debts44€7k€6k▼
Suppliers440/4€7k€6k▼
Taxes, remuneration and social security45€11k€18k▲
Taxes450/3€2k€4k▲
Remuneration and social security454/9€9k€13k▲
Other amounts payable47/48€821k€0▼
Income statement
Code20242025
Non-recurring operating income76A-€3k
Remuneration, social security and pensions62€85k€89k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€2k▼
Other operating charges640/8€3k€1k▼
Non-recurring operating charges66A€4k€0▼
Gross operating margin9900€163k€186k▲
Operating profit (loss)9901€65k€94k▲
Financial income75/76B€4k€430k▲
Recurring financial income75€4k€430k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€68k€522k▲
Income taxes67/77€18k€25k▲
Profit (loss) for the period9904€50k€497k▲
Profit (loss) for the period to be appropriated9905€50k€497k▲
Appropriation of the result
Profit (loss) to be appropriated9906€50k€497k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€771k€30k▼
Transfer to equity691/2€0€497k▲
To other reserves6921€0€497k▲
Profit to be distributed694/7€821k€30k▼
Return on contributions (dividend)694€821k€30k▼
Social balance
Average headcount (FTE)90872.01.1▼
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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 24 days late
2025
31-12
Financial
Highest result since 2018net €497k ▲903%
Net result €497k, the highest in the series.
31-12
Financial
Liquidity times 10current ratio 6.90
Current ratio from 0.66 to 6.90; short-term debt falls from €839k to €24k.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €50k ▼48.4%
Net result drops to €50k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-12
Financial
Liquidity times 11current ratio 11.79
Current ratio from 1.07 to 11.79; short-term debt falls from €5.03M to €44k.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Comines-Warneton · 1 establishment unit since 2011
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.
Steenweg op Waasten(WAA) 3677784 Comines-WarnetonGround area
4,398 m²
Building footprint
561 m²
Volume, LiDAR
3,226 m³
2 parcels, Flanders, Wallonia · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ALUTRADE
since 20112.197.363.665
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54001B0002/00E002 | Wallonia | 2,758 m² | 1 · 328 m² | 11.0 m · 2 fl. |
| 34026A0515/00V000 | Flanders | 1,640 m² | 1 · 233 m² | 5.4 m · 1 fl. |
Linked by address, not proof of ownership
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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Legal Entity Identifier
875500GNH6JAMJO7O840
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DELFIN INVEST
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Of 4,420 companies in sector 46180 we hold annual accounts for 1,886. 303 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 formPublic limited company
Founded01-12-1980
Fiscal year end31-12
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
46820Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 43 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:+32470674832