Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ALWA MANAGEMENT from Malmedy, company number BE0421415510, closed financial year 2025 with a result of € 2,817 after tax. For that financial year ALWA MANAGEMENT recorded a gross margin of € 42,147 and equity of € -446,458. Compared with financial year 2024, the result moved from € -3,030 to € 2,817. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 27, 2026.
€ -446,458
▲ € 2,817 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,817
▲ still € 3,030 loss in 2024
Profit after tax over the fiscal year.
€ 4,242
▲ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -452,664.
People and assets in 2025
€ 22,686
▼ 43% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6,875
▼ 87% vs 2024
€ 4,317 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 8,453
▲ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 720
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 23,278 | € -9,191 | € 20,105 | € 42,147 | ▲ 110% |
| Profit after taxes | € -2,074 | € -68,161 | € -3,030 | € 2,817 | ▲ € 5,847 |
| Equity | € -378,084 | € -446,244 | € -449,275 | € -446,458 | ▲ € 2,817 |
| Total debts | € 1,067,372 | € 1,078,504 | € 1,086,341 | € 1,109,375 | ▲ 2% |
| Cash | € 36,962 | € 7,172 | € 3,855 | € 4,242 | ▲ 10% |
| Land & buildings | € 136,017 | € 126,375 | € 116,732 | € 133,756 | ▲ 15% |
| Retained profit | € -384,281 | € -452,450 | € -455,480 | € -452,664 | ▲ € 2,817 |
| Bank debt | € 60,925 | € 56,856 | € 52,705 | € 6,875 | ▼ 87% |
| Balance sheet total | € 689,288 | € 632,260 | € 637,066 | € 662,916 | ▲ 4% |
Key figures of ALWA MANAGEMENT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to ALWA MANAGEMENT?
What happened at ALWA MANAGEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,817. Source: NBB ↗
- New establishment in Malmedy. KBO
- New establishment in Malmedy. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,074 loss in 2022 to € 2,817 profit in 2025.
Paid € 4,190 in corporate taxes since 2022.
Best year ever: 2025, with € 2,817 profit.
Management
Behind ALWA MANAGEMENT are JULIETTE LECOQ ALICE and MARIE SCHEUREN PIERRE. It owns 98.2% of HOTEL LA FORGE itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Ligneuville-Derr. les Jardins 1
4960 Malmedy
Rue Devant les Religieuses 31
4960 Malmedy
Active since 5 May 2020
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0421.415.510
- VAT number
- BE 0421.415.510
- Registered office
- Ligneuville-Derr. les Jardins 1, 4960 Malmedy
- Names & denominations
- ALWA MANAGEMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1981
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van hoofdkantoren
Logistieke diensten
Personenvervoer over de weg zonder dienstregeling
Organisatie van congressen en beurzen
Verhuur en lease van vaat- en glaswerk, keuken- en tafelgerei, elektrische huishoudapparaten en andere huishoudelijke benodigdheden
Diensten voor personenvervoer op aanvraag per voertuig met chauffeur
Overige vervoerondersteunende activiteiten
Overig personenvervoer te land, n.e.g.