Alfabet is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €11.19M and a net result of €1.39M. Its solvency ranks better than 40% of 5521 sector peers (fiscal year 2025). The company has been active since 2022 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.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 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 · 3 filingsDeviation from the deadline
2025
19 d late
2024
11 d late
2023
30 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€11.19M▲ 14.2%
2024 · €9.79M
2024: €9.79M
2024 → 2025
Net result
€1.39M▲ 24.1%
2024 · €1.12M
2024: €1.12M
2024 → 2025
Total assets
€27.57M▲ 22.7%
2024 · €22.47M
2024: €22.47M
2024 → 2025
Solvency
40.6%▼ 3.0pp
2024 · 43.6%
2024: 43.6%
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€9.79M-€11.19M▲ 14.2%
Operating result€-807k-€-1.18M▼ 46.0%
Net result€1.12M-€1.39M▲ 24.1%
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 €1.18M in 2025 against €807k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €27.57M
Fixed assets
€20.09M▲ 8.0%
Current assets
€7.48M▲ 93.5%
Equity and liabilities €27.57M
Equity
€11.19M▲ 14.2%
Debt
€16.39M▲ 29.3%
The debt ratio rises from 56.4% to 59.4%. Equity and debt are higher.
Key figures and ratios
Solvency
40.6%▼
2024 · 43.6%
ROE
12.4%▲
2024 · 11.4%
ROA
5.0%▲
2024 · 5.0%
Debt
€16.39M▲
2024 · €12.67M
Debt ≤ 1 year
€11.65M▲
2024 · €6.74M
Debt > 1 year
€4.69M▼
2024 · €5.91M
Income taxes
€-2k▼
2024 · €2k
Staff costs
€743k▲
2024 · €490k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€22.47M€27.57M▲
Fixed assets21/28€18.60M€20.09M▲
Intangible fixed assets21€6k€26k▲
Tangible fixed assets22/27€27k€44k▲
Plant, machinery and equipment23€14k€13k▼
Furniture and vehicles24€13k€30k▲
Financial fixed assets28€18.57M€20.02M▲
Current assets29/58€3.86M€7.48M▲
Amounts receivable after more than one year29€380k€836k▲
Other amounts receivable291€380k€836k▲
Amounts receivable within one year40/41€2.96M€6.04M▲
Trade receivables40€333k€1.31M▲
Other amounts receivable41€2.63M€4.73M▲
Cash at bank and in hand54/58€490k€478k▼
Deferred charges and accrued income490/1€34k€121k▲
Equity and liabilities
Total equity and liabilities10/49€22.47M€27.57M▲
Equity10/15€9.79M€11.19M▲
Contributions10/11€6.96M€6.96M=
Reserves13€1.17M€1.17M=
Non-distributable reserves130/1€3k€148k▲
Reserves not available under the articles1311€3k€148k▲
Distributable reserves133€1.17M€1.02M▼
Profit (loss) carried forward14€1.66M€3.05M▲
Amounts payable17/49€12.67M€16.39M▲
Amounts payable after more than one year17€5.91M€4.69M▼
Financial debts170/4€5.91M€4.69M▼
Amounts payable within one year42/48€6.74M€11.65M▲
Current portion of amounts payable after more than one year42€1.41M€1.58M▲
Financial debts43€148k€1.34M▲
Credit institutions430/8€148k€1.34M▲
Trade debts44€1.18M€2.04M▲
Suppliers440/4€1.18M€2.04M▲
Taxes, remuneration and social security45€44k€84k▲
Taxes450/3€3k€16k▲
Remuneration and social security454/9€41k€68k▲
Other amounts payable47/48€3.96M€6.60M▲
Accrued charges and deferred income492/3€20k€48k▲
Income statement
Code20242025
Non-recurring operating income76A€390k-
Remuneration, social security and pensions62€490k€743k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€25k▲
Other operating charges640/8€1k€3k▲
Gross operating margin9900€-309k€-407k▼
Operating profit (loss)9901€-807k€-1.18M▼
Financial income75/76B€2.18M€2.83M▲
Recurring financial income75€2.18M€2.83M▲
Financial charges65/66B€250k€268k▲
Recurring financial charges65€250k€268k▲
Profit (loss) for the period before taxes9903€1.12M€1.39M▲
Income taxes67/77€2k€-2k▼
Profit (loss) for the period9904€1.12M€1.39M▲
Profit (loss) for the period to be appropriated9905€1.12M€1.39M▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.66M€3.05M▲
Profit (loss) brought forward from the previous period14P€538k€1.66M▲
Social balance
Average headcount (FTE)90876.411.4▲
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-09
State Gazette act
General meeting · Merger
Dissolution · Share issue
10-09
State Gazette act
General meeting · Merger
Dissolution · Share issue
10-09
State Gazette act
General meeting · Merger
Dissolution · Power of attorney · Steven Vandersnickt
10-09
State Gazette act
General meeting · Merger
Accounting effect · Statutes amendment · Steven Vandersnickt
02-09
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 19 days late
14-08
State Gazette act
Incorporation · Founder
Founding capital · Bank account
29-06
State Gazette act
Merger · Corporate purpose
Permanent representative · Share issue
29-06
State Gazette act
Merger · Corporate purpose
Board composition · Permanent representative
2025
31-12
Financial
Equity above €10MEq €11.19M ▲14.2%
2 profitable years in a row build equity to €11.19M.
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 11 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Gent · 4 establishment units since 2022
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.
Keizer Karelstraat 759000 GentGround area
2,247 m²
Building footprint
1,025 m²
Volume, LiDAR
18,467 m³
4 parcels, Flanders, Wallonia · tallest building 35.1 m, ±9 floors. Linked by address, not a title deed.
4 establishment units
Alfabet
since 20222.337.926.860
Alfabet
since 20242.364.797.741
Alfabet
since 20252.370.767.102
Alfabet
since 20252.376.293.330
4 parcels
Flanders
3
(75%)
Wallonia
1
(25%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62020A0853/00F000 | Wallonia | 678 m² | 1 · 83 m² | 15.9 m · 5 fl. |
| 44804D1152/00L005 | Flanders | 645 m² | 1 · 401 m² | 20.9 m · 6 fl. |
| 46443E2500/00L000 | Flanders | 596 m² | 1 · 217 m² | 18.0 m · 4 fl. |
| 11002A0239/00G000 | Flanders | 327 m² | 1 · 323 m² | 35.1 m · 9 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 3
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
2 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Structure & network
Ownership & control
1 partyAlfabetBE 0793.613.121
controls
Where this company holds controlthis company sits on their board1
2 locations
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 4,607 EUR awarded · 4,607 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 152 EUR | 152 EUR |
| 2023 | 1 | 4,455 EUR | 4,455 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. 5,725 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-11-2022
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
68110Buying and selling of own real estate
82990Other business support services
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.alfabet.be
E-mail:info@alfabet.be