Alkove
ActiveSummary
Alkove has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.06M and a net result of €143k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 89% of 4539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▼-1
Solvency100▲+3
Growth22▼-18
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 3.08 against 1.14 in 2024; short-term debt: 5.1% and cash: 1.4% of total assets), and 6.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
93.1%
Return on assets
4.4%
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
27 d early
2023
36 d early
2022
45 d early
2021
41 d early
2020
5 d late
2019
59 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€365k▼ 23.9%
2024 · €479k
2023: €449k
2024: €479k
2023 → 2025
EBIT margin
47.1%▼ 13.5pp
2024 · 60.6%
2023: 52.6%
2024: 60.6%
2023 → 2025
Net result
€143k▼ 40.1%
2024 · €239k
2019: €606k
2020: €888
2021: €109k
2022: €488k
2023: €191k
2024: €239k
2019 → 2025
Working capital
€350k▲ 135%
2024 · €149k
2019: €396k
2020: €427k
2021: €433k
2022: €658k
2023: €860k
2024: €149k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€449k€479k▲ 6.7%€365k▼ 23.9%
Equity€3.35M-€3.48M▲ 3.9%€3.67M▲ 5.5%€2.91M▼ 20.7%€3.06M▲ 4.9%
Operating result€123k-€655k▲ 433%€236k▼ 64.0%€291k▲ 23.1%€172k▼ 40.9%
Net result€109k-€488k▲ 346%€191k▼ 61.0%€239k▲ 25.5%€143k▼ 40.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 41% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.28M
Fixed assets
€2.76M ▼ 2.2%
Current assets
€519k ▼ 58.3%
Equity and liabilities €3.28M
Equity
€3.06M ▲ 4.9%
Provisions
€58k ▼ 7.4%
Debt
€169k ▼ 84.6%
Debt's share of the balance-sheet total falls from 26.9% to 5.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€235k▼
2024 · €357k
Cash flow
€206k▼
2024 · €306k
Current ratio
3.08▲
2024 · 1.14
Debt to equity
0.06▼
2024 · 0.38
ROE
4.7%▼
2024 · 8.2%
ROA
4.4%▼
2024 · 5.9%
Interest coverage
118.38▼
2024 · 335.24
Debt ≤ 1 year
€169k▼
2024 · €1.09M
Income taxes
€61k▼
2024 · €94k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.07M€3.28M▼
Fixed assets21/28€2.83M€2.76M▼
Intangible fixed assets21€868€694▼
Tangible fixed assets22/27€2.82M€2.76M▼
Land and buildings22€2.79M€2.73M▼
Plant, machinery and equipment23€34k€29k▼
Current assets29/58€1.24M€519k▼
Amounts receivable within one year40/41€1.00M€444k▼
Trade receivables40€0€154k▲
Other amounts receivable41€1.00M€290k▼
Cash at bank and in hand54/58€214k€45k▼
Deferred charges and accrued income490/1€26k€30k▲
Equity and liabilities
Total equity and liabilities10/49€4.07M€3.28M▼
Equity10/15€2.91M€3.06M▲
Contributions10/11€123k€123k=
Capital10€123k€123k=
Issued capital100€123k€123k=
Revaluation surpluses12€2.27M€2.24M▼
Reserves13€523k€692k▲
Non-distributable reserves130/1€12k€12k=
Legal reserve130€12k€12k=
Tax-exempt reserves132€240k€226k▼
Distributable reserves133€271k€453k▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€63k€58k▼
Deferred taxes168€63k€58k▼
Amounts payable17/49€1.09M€169k▼
Amounts payable within one year42/48€1.09M€169k▼
Financial debts43€47k€33k▼
Credit institutions430/8€47k€33k▼
Trade debts44€34k€121k▲
Suppliers440/4€34k€121k▲
Taxes, remuneration and social security45€14k€15k▲
Taxes450/3€14k€15k▲
Other amounts payable47/48€1.00M€0▼
Accrued charges and deferred income492/3-€44
Income statement
Code20242025
Turnover70€479k€365k▼
Goods, raw materials, services and sundry goods60/61€119k€134k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€67k€63k▼
Other operating charges640/8€54k€50k▼
Gross operating margin9900€411k€285k▼
Operating profit (loss)9901€291k€172k▼
Financial income75/76B€39k€30k▼
Recurring financial income75€39k€30k▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€328k€200k▼
Transfer from deferred taxes780€5k€5k=
Income taxes67/77€94k€61k▼
Profit (loss) for the period9904€239k€143k▼
Transfer from tax-exempt reserves789€14k€14k=
Profit (loss) for the period to be appropriated9905€253k€157k▼
Appropriation of the result
Profit (loss) to be appropriated9906€253k€157k▼
Transfer from equity791/2€747k€0▼
Transfer to equity691/2€0€157k▲
To other reserves6921€0€157k▲
Profit to be distributed694/7€1.00M€0▼
Return on contributions (dividend)694€1.00M€0▼
The notes to these accounts (14 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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Liquidity triplescurrent ratio 3.08
Current ratio from 1.14 to 3.08; short-term debt falls from €1.09M to €169k.
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
21-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
05-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
2020
30-06
Financial
Weakest financial yearnet €888 ▼99.9%
Net result drops to €888, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity quadruplescurrent ratio 5.93
Current ratio from 1.57 to 5.93; short-term debt falls from €689k to €87k.
2019
03-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
21-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
08-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
21-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
15 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, Oostkamp · 1 establishment unit since 1989
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.
Hertsbergsestraat 48020 OostkampGround area
818 m²
Building footprint
541 m²
Volume, LiDAR
7,619 m³
Parcel 31403F0145/00C000, Flanders · tallest building 25.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
ALKOVE
since 19892.130.007.657
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31403F0145/00C000 | Flanders | 818 m² | 1 · 541 m² | 25.9 m · 5 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.
Similar companies · same sector, comparable size
VdH Invest
BE 0466.750.142
Sint-Niklaas · Eq €3,052,934
NICOLAS ORTS
BE 0466.809.431
Ukkel · Eq €3,052,872
GEFIME
BE 0444.594.550
Pont-à-Celles · Eq €3,050,698
COLIMCO
BE 0451.345.156
Bilzen-Hoeselt · Eq €3,050,309
D&W
BE 0436.965.501
Gent · Eq €3,060,741
Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 3,802 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded02-02-1980
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
68310Real estate agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 45 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.