Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
ALU - WETS from Ninove, company number BE0418501253, closed financial year 2025 with a result of € -109,570 after tax. For that financial year ALU - WETS recorded a gross margin of € 62,664 and equity of € 142,710. Compared with financial year 2024, the result moved from € -40,953 to € -109,570. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 12, 2026.
€ 142,710
▼ 43% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -109,570
▼ 168 % more loss than in 2024
Profit after tax over the fiscal year.
€ 48,647
▼ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 68,342.
People and assets in 2025
€ 165,497
▼ 20% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 35,213
▼ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,047
▲ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 347,368 | € 278,017 | € 166,612 | € 62,664 | ▼ 62% |
| Profit after taxes | € 90,783 | € -7,700 | € -40,953 | € -109,570 | ▼ € 68,617 |
| Equity | € 525,933 | € 293,233 | € 252,280 | € 142,710 | ▼ 43% |
| Total debts | € 198,777 | € 395,930 | € 120,969 | € 55,260 | ▼ 54% |
| Cash | € 51,820 | € 109,278 | € 66,233 | € 48,647 | ▼ 27% |
| Retained profit | € 226,565 | € 218,865 | € 177,912 | € 68,342 | ▼ 62% |
| Bank debt | € 0 | € 0 | € 5,746 | € 0 | ▼ 100% |
| Balance sheet total | € 724,710 | € 689,162 | € 373,249 | € 197,970 | ▼ 47% |
| Employees (FTE) | 4.8 | 4.8 | - | - |
Key figures of ALU - WETS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ALU - WETS?
What happened at ALU - WETS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Savas Gümüs stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 109,570. filed late Source: NBB ↗
- Savas Gümüs became a director. NBB
- New establishment in Ninove. KBO
- Start of the company according to the CBE. KBO
In short
From € 90,783 profit in 2022 to € 109,570 loss in 2025.
Paid € 641 in corporate taxes since 2022.
Best year ever: 2022, with € 90,783 profit.
On average € 57,900 of value added per employee in 2023.
Management
Directors
According to the 2025 annual accounts
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Neep 46
9402 Ninove
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0418.501.253
- VAT number
- BE 0418.501.253
- Registered office
- Neep 46, 9402 Ninove
- Names & denominations
- ALU - WETS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 1978
- Peppol
- Active · Active since 25 Feb 2025
- Contact
- aluwets.be
- Activities · NACE
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