Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 20.5 to 16.4.
Financials
Financial year 2025
ALULACK from Boortmeerbeek, company number BE0419366929, closed financial year 2025 with a result of € 170,199 after tax. For that financial year ALULACK recorded a gross margin of € 1.3 million and equity of € 3.8 million. Compared with financial year 2024, the result moved from € 276,035 to € 170,199. The company is profitable. 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 June 4, 2026.
€ 3.8 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 170,199
▼ 38% vs 2024
Profit after tax over the fiscal year.
€ 614,384
▲ 25% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 200,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
16.4
▼ 3.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 816,305
▼ 15% vs 2024
€ 49,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 88,972
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 366,853
▼ 18% vs 2024
€ 80,540 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 59,523
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 76,270
▼ 35% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,068,704 | € 1,941,828 | € 1,595,004 | € 1,294,440 | ▼ 19% |
| Profit after taxes | € 560,826 | € 463,985 | € 276,035 | € 170,199 | ▼ 38% |
| Equity | € 3,535,161 | € 3,792,472 | € 3,861,899 | € 3,825,600 | ▼ 1% |
| Total debts | € 1,187,451 | € 992,631 | € 834,325 | € 709,118 | ▼ 15% |
| Cash | € 2,164,712 | € 1,199,924 | € 492,584 | € 614,384 | ▲ 25% |
| Land & buildings | € 1,643,434 | € 1,522,397 | € 1,402,407 | € 1,295,230 | ▼ 8% |
| Retained profit | € 3,363,570 | € 3,627,555 | € 3,703,590 | € 3,673,788 | ▼ 1% |
| Dividend | € 200,000 | € 200,000 | € 200,000 | € 200,000 | |
| Bank debt | € 756,084 | € 561,260 | € 446,823 | € 366,853 | ▼ 18% |
| Balance sheet total | € 4,742,926 | € 4,805,418 | € 4,745,538 | € 4,561,919 | ▼ 4% |
| Employees (FTE) | 22.7 | 20.5 | 19.5 | 16.4 | ▼ 3.1 |
Key figures of ALULACK, 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 ALULACK?
What happened at ALULACK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Consiges NV stepped down as director. NBB
- Xavier Michiels stepped down as director. NBB
- Philippe-Charles Devos stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 170,199 (▼ 38% vs 2024). Source: NBB ↗
- Consiges NV became a director. NBB
- Xavier Michiels became a director. NBB
- Philippe-Charles Devos became a director. NBB
- New establishment in Courcelles. KBO
In short
From € 560,826 profit in 2022 to € 170,199 profit in 2025.
Paid € 684,232 in corporate taxes since 2022.
Best year ever: 2022, with € 560,826 profit.
On average € 78,900 of value added per employee in 2025.
Management
The shares are held by Philippe-Charles Devos (52%) and Xavier Michiels (48%).
Directors
According to the 2025 annual accounts
Director · represented by Michel Mikolajczak
Also active at: MOURY CONSTRUCT, SNEL GRAFICS, H2G
since 2018 · until 2029
Xavier Michiels
Managing director
Owns 48% directly
since 2010 · until 2029
Philippe-Charles Devos
Director
Owns 52% directly
since 2010 · until 2029
Shareholders
Philippe-Charles Devos · director
52%
Xavier Michiels · director
48%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Leuvensesteenweg 288 box A
3190 Boortmeerbeek
Leuvensesteenweg 288
3190 Boortmeerbeek
Active since 1 June 1979
Rue de Liège(CO) 1
6180 Courcelles
Active since 1 July 2008
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0419.366.929
- VAT number
- BE 0419.366.929
- Registered office
- Leuvensesteenweg 288 bus A, 3190 Boortmeerbeek
- Names & denominations
- ALULACK
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 April 1979
- Peppol
- Active · Active since 4 Apr 2025
- Activities · NACE
Coating van metalen
Oppervlaktebehandeling en bekleding van metaal
Algemene metaalbewerking
Verspanend bewerken van metalen
Oppervlaktebehandeling van metalen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen