ACTIVE

ALCOR

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Financial year 2025 · closed on 31/12/2025

Net result

-952,5 €

+94.9% YoY

Gross margin

39,6 k €

+111.5% YoY

Equity

494,8 k €

-9.6% YoY

What does ALCOR do?

ALCOR is a Private limited company incorporated in 1992. Its main activity is: Computer programming activities. Its registered office is in Braine-l'Alleud.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0448.536.512

Incorporation

27/10/1992

Legal form

Private limited company

Registered office

Avenue Léon Jourez 83 box 1
1420 Braine-l'Alleud · WallonieSee on map

Contributed capital

20 250,00 €

Latest accounts

31/12/2025

Activities (NACE)

62010Computer programming activities· main 62100Computer programming, consultancy and related activities 72220Research and experimental development on social sciences and humanities

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	39,6 k €	+112%	18,7 k €	-59.5%	46,2 k €	-28.5%	64,6 k €	-14.6%	75,6 k €	+341%	-31,4 k €	-182%	38,4 k €	+84.6%	20,8 k €	+171%	7,7 k €	-68.6%	24,5 k €	+132%	-77,1 k €	-3816%	-2 k €	+80.2%	-9,9 k €	+27.5%	-13,7 k €	-822%	-1,5 k €	+69.5%	-4,9 k €	-124%	20,3 k €	-11.9%	23 k €	-24.8%	30,6 k €	-67.1%	93,2 k €
EBITDA	36,1 k €	+136%	15,3 k €	-64.9%	43,6 k €	-17.3%	52,8 k €	-27.5%	72,7 k €	+256%	-46,7 k €	-231%	35,6 k €	+99.2%	17,9 k €	+312%	4,3 k €	-76.6%	18,6 k €	+124%	-78,4 k €	-2603%	-2,9 k €	+73.3%	-10,9 k €	+25.9%	-14,7 k €	-419%	-2,8 k €	+52.4%	-5,9 k €	-178%	7,6 k €	+245%	-5,2 k €	-159%	8,8 k €	-83.7%	54,2 k €
Operating result	-631,1 €	+96.6%	-18,4 k €	-286%	9,9 k €	-47.6%	18,9 k €	-51.8%	39,3 k €	+149%	-80,2 k €	-3773%	2,2 k €	+112%	-18,9 k €	+14.1%	-22 k €	-439%	6,5 k €	+108%	-78,4 k €	-1238%	-5,9 k €	+60.0%	-14,6 k €	+31.9%	-21,5 k €	-115%	-10 k €	+21.4%	-12,7 k €	-296%	6,5 k €	+198%	-6,6 k €	-310%	3,2 k €	-93.3%	47 k €
Net result	-952,5 €	+94.9%	-18,8 k €	-321%	8,5 k €	-48.4%	16,5 k €	-52.9%	34,9 k €	+143%	-81,5 k €	-3978%	2,1 k €	+112%	-17 k €	+16.6%	-20,4 k €	-328%	9 k €	-98.8%	766,1 k €	+4554%	16,5 k €	+5.0%	15,7 k €	+225%	-12,6 k €	-467%	3,4 k €	+1413%	-260,8 €	-107%	3,8 k €	+132%	-12,1 k €	-1047%	1,3 k €	-95.6%	29 k €
Balance sheet
Equity	494,8 k €	-9.6%	547,1 k €	-9.7%	605,9 k €	+1.4%	597,4 k €	+2.8%	580,9 k €	+6.4%	546 k €	-19.4%	677,5 k €	-0.9%	683,4 k €	-6.4%	730,4 k €	-8.8%	800,8 k €	-3.7%	831,8 k €	+1166%	65,7 k €	+7.3%	61,3 k €	-12.0%	69,6 k €	-15.3%	82,1 k €	+4.4%	78,7 k €	-0.3%	79 k €	+5.1%	75,1 k €	-13.9%	87,3 k €	+1.5%	86 k €
Total assets	561,7 k €	-8.6%	614,7 k €	-5.6%	651,1 k €	-4.6%	682,4 k €	+2.3%	667,2 k €	-0.3%	669,4 k €	-12.3%	763,5 k €	-4.6%	799,9 k €	+0.7%	794,3 k €	-6.1%	846,1 k €	+1.2%	836,2 k €	+779%	95,2 k €	-1.0%	96,2 k €	+24.9%	77 k €	-24.7%	102,2 k €	-13.4%	118,1 k €	-8.0%	128,3 k €	+35.3%	94,8 k €	-14.6%	111 k €	-3.7%	115,3 k €
Cash	193,1 k €	+4.3%	185,3 k €	-4.5%	194,1 k €	+9.0%	178,1 k €	+55.9%	114,2 k €	+248%	32,9 k €	-53.5%	70,6 k €	-7.0%	75,9 k €	+10.9%	68,4 k €	-71.0%	235,8 k €	-61.9%	619,5 k €	+8271%	7,4 k €	-82.2%	41,6 k €	+170%	15,4 k €	-32.9%	23 k €	-26.6%	31,3 k €	+318%	7,5 k €	-40.0%	12,5 k €	-13.8%	14,5 k €	-69.2%	47 k €
Debts	66,7 k €	+0.1%	66,6 k €	+51.1%	44,1 k €	-47.7%	84,3 k €	-0.7%	84,9 k €	-30.7%	122,6 k €	+42.6%	86 k €	-26.2%	116,5 k €	+82.3%	63,9 k €	+41.0%	45,3 k €	+947%	4,3 k €	-85.3%	29,5 k €	-15.7%	34,9 k €	+372%	7,4 k €	-63.2%	20,1 k €	-48.9%	39,3 k €	-20.3%	49,4 k €	+151%	19,7 k €	-17.1%	23,8 k €	-19.0%	29,3 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		0,3 ETP	-40.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Jean Mikolajczak

Director

Active

Ended mandates

Jean Mikolajczak

Manager · since 17 août 1994

Ended

JEAN MIKOLAJCZAK

Director · since 17 août 1994

Ended

Félix Bastin

Manager · since 27 octobre 1992

Ended

Félix BASTIN

Director · since 27 octobre 1992 · until 31 décembre 2020

Ended

At this address

Other companies at this address

Company	CBE no.
BRAINE PNEUS● Active	0441.683.758

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/03/2026	19/07/2025	23/06/2024	30/05/2023	23/07/2022	30/08/2021
General meeting	24/02/2026	30/06/2025	29/05/2024	07/05/2023	26/06/2022	21/08/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	24/02/2026	24/03/2026	French	PDF
Micro model	31/12/2024	30/06/2025	19/07/2025	French	PDF
Micro model	31/12/2023	29/05/2024	23/06/2024	French	PDF
Micro model	31/12/2022	07/05/2023	30/05/2023	French	PDF
Micro model	31/12/2021	26/06/2022	23/07/2022	French	PDF
Micro model	31/12/2020	21/08/2021	30/08/2021	French	PDF
Abridged model	31/12/2019	30/06/2020	18/02/2021	French	PDF
Abridged model	31/12/2018	20/05/2019	30/11/2019	French	PDF
Abridged model	31/12/2017	23/05/2018	26/07/2018	French	PDF
Abridged model	31/12/2016	22/06/2017	11/08/2017	French	PDF
Abridged model	31/12/2015	15/05/2016	21/07/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	27/07/2015	French	PDF
Abridged model	31/12/2013	16/06/2014	30/07/2014	French	PDF
Abridged model	31/12/2012	11/05/2013	31/07/2013	French	PDF
Abridged model	31/12/2011	12/05/2012	26/07/2012	French	PDF
Abridged model	31/12/2010	14/05/2011	26/07/2011	French	PDF
Abridged model	31/12/2009	15/05/2010	28/07/2010	French	PDF
Abridged model	31/12/2008	06/05/2009	24/07/2009	French	PDF
Abridged model	31/12/2007	17/05/2008	22/07/2008	French	PDF
Abridged model	31/12/2006	15/05/2007	19/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Jean Mikolajczak

Director

Active

Ended mandates

Jean Mikolajczak

Manager · since 17 août 1994

Ended

JEAN MIKOLAJCZAK

Director · since 17 août 1994

Ended

Félix Bastin

Manager · since 27 octobre 1992

Ended

Félix BASTIN

Director · since 27 octobre 1992 · until 31 décembre 2020

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates08/03/2021
DEMISSIONS, NOMINATIONS
PDF
Registered office29/08/2018
SIEGE SOCIAL
PDF
Other18/03/2016
DIVERS
PDF
Registered office11/05/2010
SIEGE SOCIAL
PDF
Mandates08/01/2010
DEMISSIONS, NOMINATIONS
PDF
Registered office22/09/2008
SIEGE SOCIAL
PDF
Capital / shares17/10/2006
OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS - ASSEMBLEE GENERALE
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-952,5 €↑
2024
Annual accounts 2024-18,8 k €↓
2023
Annual accounts 20238,5 k €↓
2022
Annual accounts 202216,5 k €↓
2021
Annual accounts 202134,9 k €↑
2020
Annual accounts 2020-81,5 k €↓
2019
Annual accounts 20192,1 k €↑
2018
Annual accounts 2018-17 k €↑
2017
Annual accounts 2017-20,4 k €↓
2016
Annual accounts 20169 k €↓
2015
Annual accounts 2015766,1 k €↑
2014
Annual accounts 201416,5 k €↑
2013
Annual accounts 201315,7 k €↑
2012
Annual accounts 2012-12,6 k €↓
2011
Annual accounts 20113,4 k €↑
2010
Annual accounts 2010-260,8 €↓
2009
Annual accounts 20093,8 k €↑
2008
Annual accounts 2008-12,1 k €↓
2007
Annual accounts 20071,3 k €↓
2006
Annual accounts 200629 k €
27/10/1992
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ALCOR

Overview

What does ALCOR do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline