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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ALINOR from Chaudfontaine, company number BE0441357324, closed financial year 2025 with a result of € -30,587 after tax. For that financial year ALINOR recorded a gross margin of € 74,208 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € -68,788 to € -30,587. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ 1.2 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -30,587
▲ 56 % less loss than in 2024
Profit after tax over the fiscal year.
€ 30,414
▼ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.2 million.
Debts at end 2025
€ 2.7 million
▼ 5% vs 2024
€ 142,069 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 2,453
▼ 63% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,256
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 | € -112,184 | € -25,006 | € 68,486 | € 74,208 | ▲ 8% |
| Profit after taxes | € -146,810 | € -110,074 | € -68,788 | € -30,587 | ▲ € 38,200 |
| Equity | € 1,411,697 | € 1,301,622 | € 1,232,834 | € 1,202,247 | ▼ 2% |
| Total debts | € 3,486,205 | € 3,935,991 | € 3,505,653 | € 3,314,082 | ▼ 5% |
| Cash | € 99,305 | € 83,442 | € 65,313 | € 30,414 | ▼ 53% |
| Land & buildings | € 1,087,005 | € 2,631,631 | € 3,223,051 | € 3,131,727 | ▼ 3% |
| Retained profit | € 1,393,104 | € 1,283,030 | € 1,214,242 | € 1,183,655 | ▼ 3% |
| Bank debt | € 2,571,538 | € 2,700,835 | € 2,788,131 | € 2,658,941 | ▼ 5% |
| Balance sheet total | € 5,930,332 | € 6,252,444 | € 5,709,696 | € 5,466,215 | ▼ 4% |
Key figures of ALINOR, 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 ALINOR?
What happened at ALINOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 30,587. Source: NBB ↗
- New establishment in Chaudfontaine. KBO
- Start of the company according to the CBE. KBO
In short
From € 146,810 loss in 2022 to € 30,587 loss in 2025.
Paid € 2,562 in corporate taxes since 2022.
Management
Behind ALINOR is Philippe MASSOZ.
Directors
According to the 2025 annual accounts
Philippe MASSOZ
Director
Establishments
Establishment units
Physical locations of this company
Avenue du Bout du Monde 19
4053 Chaudfontaine
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0441.357.324
- VAT number
- BE 0441.357.324
- Registered office
- Avenue du Bout du Monde 19, 4053 Chaudfontaine
- Names & denominations
- ALINOR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 August 1990
- Peppol
- Active · Active since 24 Feb 2026
- Activities · NACE
Overige activiteiten op het gebied van drukwerk
Overige drukkerijen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
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Uitgeverijen van boeken