ALLIANCE 4
ActiveSummary
ALLIANCE 4 has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €228,450 and a net result of €121,138. Equity is shrinking by about 13% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. The computed 12-month bankruptcy probability is 1.2% (low).
Financials · financial year 2025, full format
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€121,138▲ 2.3%
2024 · €118,454
Working capital
-€116,198▲ 51.0%
2024 · -€237,336
Trend over the years
2022 to 2025, 5 financial years 2019 to 2025, 8 financial years
Multiple financial year ends fall in the same calendar year; an annual trend is not displayed.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€2,825
2025
Net result€121,138
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€344,669
2025
Equity€228,450
2025
Debt€116,220
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€116,198
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20192020202120222023202420242025
Operating result€2,606--€1,297-€1,328▼ 2.4%-€1,243▲ 6.3%-€1,252▼ 0.7%-€1,304▼ 4.1%-€4,946--€2,825▲ 42.9%
Net result€1,982--€2,320-€1,999▲ 13.8%-€943▲ 52.9%-€974▼ 3.3%-€1,335▼ 37.1%€118,454-€121,138▲ 2.3%
Equity-€3,571--€5,891▼ 65.0%-€7,890▼ 33.9%-€8,833▼ 11.9%-€9,807▼ 11.0%-€11,143▼ 13.6%€107,311-€228,450▲ 113%
Total assets€368,007-€363,187▼ 1.3%€361,188▼ 0.6%€360,245▼ 0.3%€359,271▼ 0.3%€346,436▼ 3.6%€344,961-€344,669▼ 0.1%
Debt€371,579-€369,079▼ 0.7%€369,079=€369,079=€369,079=€357,579▼ 3.1%€237,650-€116,220▼ 51.1%
Working capital-€348,219--€350,539▼ 0.7%-€352,538▼ 0.6%-€353,481▼ 0.3%-€354,455▼ 0.3%-€355,790▼ 0.4%-€237,336--€116,198▲ 51.0%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €344,669
Fixed assets
€344,648 =
Current assets
€22 ▼ 93.1%
Equity and liabilities €344,669
Equity
€228,450 ▲ 113%
Debt
€116,220 ▼ 51.1%
Debt's share of the balance-sheet total falls from 68.9% to 33.7%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
0.00▼
2024 · 0.00
Debt to equity
0.51▼
2024 · 2.21
ROE
53.0%▼
2024 · 110.4%
ROA
35.1%▲
2024 · 34.3%
Debt ≤ 1 year
€116,220▼
2024 · €237,650
Income taxes
€12,114▲
2024 · €8,871
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | - | - | - | €387 | €412 | ▲ 6.4% |
| Gross operating margin9900 | €2,606 | -€1,297 | -€1,328 | -€1,243 | -€1,252 | -€1,304 | -€4,559 | -€2,413 | ▲ 47.1% |
| Operating profit (loss)9901 | €2,606 | -€1,297 | -€1,328 | -€1,243 | -€1,252 | -€1,304 | -€4,946 | -€2,825 | ▲ 42.9% |
| Financial income75/76B | - | - | - | €317 | €304 | - | €132,590 | €137,868 | ▲ 4.0% |
| Recurring financial income75 | €835 | €412 | €346 | €317 | €304 | - | €132,590 | €137,868 | ▲ 4.0% |
| Financial charges65/66B | - | - | - | €16 | €26 | €31 | €319 | €1,790 | ▲ 461% |
| Recurring financial charges65 | €1,459 | €1,435 | €1,018 | €16 | €26 | €31 | €319 | €1,790 | ▲ 461% |
| Profit (loss) for the period before taxes9903 | €1,982 | -€2,320 | -€1,999 | -€943 | -€974 | -€1,335 | €127,325 | €133,252 | ▲ 4.7% |
| Income taxes67/77 | - | - | - | - | - | - | €8,871 | €12,114 | ▲ 36.6% |
| Profit (loss) for the period9904 | €1,982 | -€2,320 | -€1,999 | -€943 | -€974 | -€1,335 | €118,454 | €121,138 | ▲ 2.3% |
| Profit (loss) for the period to be appropriated9905 | €1,982 | -€2,320 | -€1,999 | -€943 | -€974 | -€1,335 | €118,454 | €121,138 | ▲ 2.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €368,007 | €363,187 | €361,188 | €360,245 | €359,271 | €346,436 | €344,961 | €344,669 | ▼ 0.1% |
| Fixed assets21/28 | €344,648 | €344,648 | €344,648 | €344,648 | €344,648 | €344,648 | €344,648 | €344,648 | = |
| Financial fixed assets28 | €344,648 | €344,648 | €344,648 | €344,648 | €344,648 | €344,648 | €344,648 | €344,648 | = |
| Current assets29/58 | €23,360 | €18,540 | €16,541 | €15,598 | €14,624 | €1,788 | €314 | €22 | ▼ 93.1% |
| Amounts receivable after more than one year29 | - | - | - | €15,337 | €14,141 | - | - | - | - |
| Other amounts receivable291 | - | - | - | €15,337 | €14,141 | - | - | - | - |
| Cash at bank and in hand54/58 | €97 | €366 | €520 | €261 | €483 | €1,788 | €314 | €22 | ▼ 93.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €368,007 | €363,187 | €361,188 | €360,245 | €359,271 | €346,436 | €344,961 | €344,669 | ▼ 0.1% |
| Equity10/15 | -€3,571 | -€5,891 | -€7,890 | -€8,833 | -€9,807 | -€11,143 | €107,311 | €228,450 | ▲ 113% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | - | - | - | - | - | - | €88,711 | €209,850 | ▲ 137% |
| Distributable reserves133 | - | - | - | - | - | - | €88,711 | €209,850 | ▲ 137% |
| Profit (loss) carried forward14 | -€22,171 | -€24,491 | -€26,490 | -€27,433 | -€28,407 | -€29,743 | - | - | - |
| Amounts payable17/49 | €371,579 | €369,079 | €369,079 | €369,079 | €369,079 | €357,579 | €237,650 | €116,220 | ▼ 51.1% |
| Amounts payable within one year42/48 | €371,579 | €369,079 | €369,079 | €369,079 | €369,079 | €357,579 | €237,650 | €116,220 | ▼ 51.1% |
| Trade debts44 | - | - | - | - | - | - | - | €1,461 | - |
| Suppliers440/4 | - | - | - | - | - | - | - | €1,461 | - |
| Taxes, remuneration and social security45 | - | - | - | - | - | - | €8,871 | €20,985 | ▲ 137% |
| Taxes450/3 | - | - | - | - | - | - | €8,871 | €20,985 | ▲ 137% |
| Other amounts payable47/48 | - | - | - | €369,079 | €369,079 | €357,579 | €228,779 | €93,774 | ▼ 59.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,982 | -€2,320 | -€1,999 | -€943 | -€974 | -€1,335 | €118,454 | €121,138 | ▲ 2.3% |
| Operating cash flow (approximation) | €1,982 | -€2,320 | -€1,999 | -€943 | -€974 | -€1,335 | €118,454 | €121,138 | ▲ 2.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | - | €0 | - |
| Change in cash | - | €269 | €155 | -€259 | €222 | €1,305 | - | -€292 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 02-03-2026 | 2026-00046653 |
| 31-12-2024 | full format | 04-06-2025 | 2025-00121315 |
| 31-01-2024 | full format | 01-07-2024 | 2024-00185548 |
| 31-01-2023 | full format | 07-07-2023 | 2023-00213109 |
| 31-01-2022 | full format | 06-07-2022 | 2022-20160411 |
| 31-01-2021 | full format | 08-07-2021 | 2021-32700528 |
| 31-01-2020 | full format | 29-07-2020 | 2020-35800044 |
| 31-01-2019 | full format | 18-07-2019 | 2019-34700120 |
| 31-01-2018 | full format | 26-06-2018 | 2018-25700125 |
| 31-01-2017 | full format | 11-08-2017 | 2017-42800147 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.