Aletheja
ActiveAletheja is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €58k and a net result of €-109k. Equity is shrinking by ~13.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 8% of 6156 sector peers (fiscal year 2024). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 6156 sector peers (2024).
NBB · sector comparisonPosition among 6156 sector peers
Solvency
better than 8%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-09-2025, 32 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
32 d late
2023
30 d late
2022
31 d late
2021
75 d late
2020
31 d early
2019
52 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€58k▼ 65.4%
2023 · €167k
2018: €517k
2019: €551k
2020: €642k
2021: €631k
2022: €551k
2023: €167k
2018 → 2024
Net result
€-109k▲ 71.5%
2023 · €-384k
2018: €33k
2019: €-20k
2020: €116k
2021: €-11k
2022: €-80k
2023: €-384k
2018 → 2024
Total assets
€1.43M▲ 100%
2023 · €712k
2018: €1.86M
2019: €2.27M
2020: €2.29M
2021: €2.11M
2022: €2.04M
2023: €712k
2018 → 2024
Solvency
4.1%▼ 19.4pp
2023 · 23.5%
2018: 27.9%
2019: 24.3%
2020: 28.1%
2021: 29.9%
2022: 27.1%
2023: 23.5%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€642k-€631k▼ 1.7%€551k▼ 12.6%€167k▼ 69.7%€58k▼ 65.4%
Operating result€182k-€9k▼ 95.1%€-80k€-464k▼ 480%€-111k▲ 76.0%
Net result€116k-€-11k€-80k▼ 612%€-384k▼ 381%€-109k▲ 71.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €111k in 2024 against €464k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.43M
Fixed assets
€174k▼ 9.2%
Current assets
€1.25M▲ 141%
Equity and liabilities €1.43M
Equity
€58k▼ 65.4%
Provisions
€5k▼ 30.9%
Debt
€1.36M▲ 153%
The debt ratio rises from 75.6% to 95.6%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
4.1%▼
2023 · 23.5%
ROE
-189.0%▲
2023 · -229.8%
ROA
-7.7%▲
2023 · -53.9%
Debt
€1.36M▲
2023 · €538k
Debt ≤ 1 year
€1.36M▲
2023 · €512k
Debt > 1 year
€0▼
2023 · €26k
Income taxes
€423▼
2023 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€712k€1.43M▲
Fixed assets21/28€192k€174k▼
Tangible fixed assets22/27€182k€173k▼
Land and buildings22€80k€80k=
Plant, machinery and equipment23€16k€11k▼
Furniture and vehicles24€1k€19k▲
Other tangible fixed assets26€85k€63k▼
Financial fixed assets28€10k€1k▼
Current assets29/58€520k€1.25M▲
Amounts receivable within one year40/41€442k€853k▲
Trade receivables40€168k€65k▼
Other amounts receivable41€274k€788k▲
Cash at bank and in hand54/58€74k€397k▲
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€712k€1.43M▲
Equity10/15€167k€58k▼
Contributions10/11€75k€75k=
Capital10€75k€75k=
Issued capital100€75k€75k=
Reserves13€105k€98k▼
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Tax-exempt reserves132€21k€14k▼
Distributable reserves133€77k€77k=
Profit (loss) carried forward14€-13k€-115k▼
Provisions and deferred taxes16€7k€5k▼
Deferred taxes168€7k€5k▼
Amounts payable17/49€538k€1.36M▲
Amounts payable after more than one year17€26k€0▼
Financial debts170/4€26k€0▼
Amounts payable within one year42/48€512k€1.36M▲
Current portion of amounts payable after more than one year42€30k€26k▼
Trade debts44€38k€7k▼
Suppliers440/4€38k€7k▼
Advances received on contracts in progress46€60k€0▼
Taxes, remuneration and social security45€33k€1k▼
Taxes450/3€33k€1k▼
Other amounts payable47/48€352k€1.33M▲
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€29k▲
Other operating charges640/8€3k€1k▼
Non-recurring operating charges66A€111k€0▼
Gross operating margin9900€-323k€-81k▲
Operating profit (loss)9901€-464k€-111k▲
Financial income75/76B€4k€10k▲
Recurring financial income75€4k€10k▲
Financial charges65/66B€37k€10k▼
Recurring financial charges65€37k€2k▼
Non-recurring financial charges66B-€7k
Profit (loss) for the period before taxes9903€-497k€-111k▲
Transfer from deferred taxes780€124k€2k▼
Income taxes67/77€11k€423▼
Profit (loss) for the period9904€-384k€-109k▲
Transfer from tax-exempt reserves789€371k€6k▼
Profit (loss) for the period to be appropriated9905€-13k€-103k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-13k€-115k▼
Profit (loss) brought forward from the previous period14P€0€-13k▼
Transfer to equity691/2€0-
To other reserves6921€0-
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 32 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-384k
Net result drops to €-384k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 75 days late
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €116k
Net result €116k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 2.66
Current ratio from 0.83 to 2.66; short-term debt falls from €325k to €241k.
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
22-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Jabbeke · 1 establishment unit since 1990
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Gistelsteenweg 2338490 JabbekeGround area
3,048 m²
Building footprint
230 m²
Volume, LiDAR
1,874 m³
Parcel 31031B0331/00N000, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ALETHEJA
since 19902.049.402.142
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31031B0331/00N000 | Flanders | 3,048 m² | 1 · 230 m² | 12.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 1,500 EUR awarded · 1,500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,500 EUR | 1,500 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,760. 10,877 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-04-1990
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
68121Development of residential building projects
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.