AlfaSource
ActiveAlfaSource has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26k and a net result of €-11k. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 68% of 11297 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency89▼-5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.54 against 3.09 in 2024; short-term debt: 36.1% and cash: 24.7% of total assets), and 36.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
63.9%
Return on assets
-27.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
141 d late
2023
27 d early
2022
21 d late
2021
4 d early
2020
33 d early
2019
8 d early
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€26k▼ 30.0%
2024 · €37k
2018: €21k
2019: €28k
2020: €21k
2021: €17k
2022: €24k
2023: €28k
2024: €37k
2018 → 2025
Total assets
€40k▼ 24.1%
2024 · €53k
2018: €31k
2019: €40k
2020: €36k
2021: €27k
2022: €34k
2023: €38k
2024: €53k
2018 → 2025
Net result
€-11k
2024 · €16k
2018: €10k
2019: €8k
2020: €-7k
2021: €-5k
2022: €7k
2023: €4k
2024: €16k
2018 → 2025
Working capital
€22k▼ 34.3%
2024 · €34k
2018: €21k
2019: €28k
2020: €21k
2021: €17k
2022: €21k
2023: €24k
2024: €34k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€17k-€24k▲ 44.6%€28k▲ 14.7%€37k▲ 33.8%€26k▼ 30.0%
Operating result€-4k-€8k€6k▼ 28.5%€21k▲ 269%€-11k
Net result€-5k-€7k€4k▼ 52.4%€16k▲ 348%€-11k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €11k after €21k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €40k
Fixed assets
€3k▲ 21.7%
Current assets
€37k▼ 26.7%
Equity and liabilities €40k
Equity
€26k▼ 30.0%
Debt
€15k▼ 10.7%
The debt ratio rises from 30.7% to 36.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-10k▼
2024 · €22k
Cash flow
€-10k▼
2024 · €16k
Solvency
63.9%▼
2024 · 69.3%
Current ratio
2.54▼
2024 · 3.09
Quick ratio
2.54▼
2024 · 3.09
Debt / equity
0.56▲
2024 · 0.44
ROE
-42.9%▼
2024 · 42.9%
ROA
-27.4%▼
2024 · 29.7%
Interest coverage
-42.41▼
2024 · 164.27
Debt
€15k▼
2024 · €16k
Debt ≤ 1 year
€15k▼
2024 · €16k
Income taxes
€109▼
2024 · €5k
Staff costs
€652▲
2024 · €440
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€53k€40k▼
Fixed assets21/28€3k€3k▲
Tangible fixed assets22/27€3k€3k▲
Land and buildings22€2k€2k▼
Furniture and vehicles24€688€2k▲
Current assets29/58€50k€37k▼
Amounts receivable within one year40/41€27k€26k▼
Trade receivables40€7k€7k▲
Other amounts receivable41€20k€19k▼
Cash at bank and in hand54/58€23k€10k▼
Deferred charges and accrued income490/1€1k€944▼
Equity and liabilities
Total equity and liabilities10/49€53k€40k▼
Equity10/15€37k€26k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€16k€5k▼
Amounts payable17/49€16k€15k▼
Amounts payable within one year42/48€16k€15k▼
Trade debts44-€2k
Suppliers440/4-€2k
Taxes, remuneration and social security45€14k€13k▼
Taxes450/3€14k€10k▼
Remuneration and social security454/9€0€3k▲
Other amounts payable47/48€2k-
Income statement
Code20242025
Remuneration, social security and pensions62€440€652▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€497€1k▲
Other operating charges640/8€189€176▼
Non-recurring operating charges66A-€1k
Gross operating margin9900€22k€-7k▼
Operating profit (loss)9901€21k€-11k▼
Financial charges65/66B€132€229▲
Recurring financial charges65€132€229▲
Profit (loss) for the period before taxes9903€21k€-11k▼
Income taxes67/77€5k€109▼
Profit (loss) for the period9904€16k€-11k▼
Profit (loss) for the period to be appropriated9905€16k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€23k€5k▼
Profit (loss) brought forward from the previous period14P€7k€16k▲
Profit to be distributed694/7€7k-
Return on contributions (dividend)694€7k-
The notes to these accounts (7 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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-11k ▼170%
Net result drops to €-11k, the lowest in the series.
19-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 141 days late
2024
31-12
Financial
Highest result since 2018net €16k ▲348%
Operating result €21k, net result €16k, both a record.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
31-12
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Enghien · 1 establishment unit since 2009
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.
Madeliefjesstraat 147850 EnghienGround area
1,938 m²
Building footprint
339 m²
Volume, LiDAR
1,431 m³
2 parcels, Wallonia · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Chemin de Ransbeek 1A, 1410 Waterloo
since 20092.177.652.671
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25764N0766/00A000 | Wallonia | 997 m² | 1 · 176 m² | 11.6 m · 3 fl. |
| 55025A0523/00D003 | Wallonia | 941 m² | 1 · 163 m² | 7.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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ALL SOLUTIONS B2B
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SEAVIEW
BE 0471.820.173
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T.I.S.
BE 0448.579.765
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Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 1,747 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-01-2009
Fiscal year end31-12
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
31001Manufacture of furniture
62020IT consultancy
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
70220Business consulting
71113Urban planning and landscape architecture
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.