ALPARA
ActiveSummary
The computed 12-month bankruptcy probability of ALPARA is 4.3% (elevated). For ALPARA, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€555,274) and a net result of -€37,044. Equity is shrinking by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 24619 sector peers (fiscal year 2023). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0=
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
4.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2023Solvency, return and age of the figures
Return on assets
-78.2%
Age of the figures
33 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline30-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-09-2024, 61 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
not filed
2023
61 d late
2022
322 d late
2021
71 d late
2020
53 d late
2019
66 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 115 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Equity
-€555,274▼ 7.1%
2022 · -€518,230
Total assets
€47,357▼ 0.1%
2022 · €47,385
Net result
-€37,044▲ 29.9%
2022 · -€52,835
Working capital
-€414,687▼ 6.6%
2022 · -€389,144
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result-€66,458▲ 12.8%-€46,414▲ 30.2%-€64,630▼ 39.2%-€51,303▲ 20.6%-€36,663▲ 28.5%
Net result-€66,633▲ 13.1%-€47,173below the sector's middle half▲ 29.2%-€64,743below the sector's middle half▼ 37.2%-€52,835below the sector's middle half▲ 18.4%-€37,044below the sector's middle half▲ 29.9%
Equity-€353,479▼ 23.2%-€400,652below the sector's middle half▼ 13.3%-€465,395below the sector's middle half▼ 16.2%-€518,230below the sector's middle half▼ 11.4%-€555,274below the sector's middle half▼ 7.1%
Total assets€45,793▼ 1.9%€77,744within the sector's middle half▲ 69.8%€48,284below the sector's middle half▼ 37.9%€47,385below the sector's middle half▼ 1.9%€47,357below the sector's middle half▼ 0.1%
Debt€399,272▲ 19.7%€478,396▲ 19.8%€513,679▲ 7.4%€565,614▲ 10.1%€602,631▲ 6.5%
Working capital-€272,201▼ 21.6%-€301,071below the sector's middle half▼ 10.6%-€347,512below the sector's middle half▼ 15.4%-€389,144below the sector's middle half▼ 12.0%-€414,687below the sector's middle half▼ 6.6%
Solvency-771.9%▼ 157.4pp-515.3%below the sector's middle half▲ 256.6pp-963.9%below the sector's middle half▼ 448.5pp
Current ratio0.05=0.15below the sector's middle half▲ 0.090.07below the sector's middle half▼ 0.080.07below the sector's middle half=0.07below the sector's middle half=
Return on assets (ROA)-145.5%▲ 18.8pp-60.7%below the sector's middle half▲ 84.8pp-134.1%below the sector's middle half▼ 73.4pp-111.5%below the sector's middle half▲ 22.6pp-78.2%below the sector's middle half▲ 33.3pp
Staff (FTE)1=1within the sector's middle half=1=1=
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €36,663 in 2023 against €51,303 in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €47,357
Fixed assets
€16,762 ▼ 16.5%
Current assets
€30,594 ▲ 12.0%
Equity and liabilities
Equity-€555,274
Debt€602,631
Equity is negative: debt (€602,631) exceeds the balance-sheet total (€47,357).
Key figures and ratios
EBITDA
-€33,360▲
2022 · -€48,000
Cash flow
-€33,742▲
2022 · -€49,532
Quick ratio
0.05▲
2022 · 0.05
Interest coverage
-87.18▼
2022 · -31.33
Debt ≤ 1 year
€445,281▲
2022 · €416,464
Debt > 1 year
€30,000=
2022 · €30,000
A ratio outside any meaningful range has been withheld (balance sheet total €47,357, equity -€555,274).
No debt to equity: equity is negative, so debt divided by equity means nothing.
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 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €47,546 | €12,645 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,302 | €3,302 | €3,302 | €3,302 | €3,302 | = |
| Other operating charges640/8 | - | - | €348 | €348 | €2,433 | ▲ 600% |
| Gross operating margin9900 | -€22,842 | -€3,673 | -€13,434 | -€35,008 | -€30,927 | ▲ 11.7% |
| Operating profit (loss)9901 | -€66,458 | -€46,414 | -€64,630 | -€51,303 | -€36,663 | ▲ 28.5% |
| Financial income75/76B | - | - | - | €0 | €1 | ▲ 1,900% |
| Recurring financial income75 | €1 | - | - | €0 | €1 | ▲ 1,900% |
| Financial charges65/66B | - | - | €113 | €1,532 | €383 | ▼ 75.0% |
| Recurring financial charges65 | €176 | €759 | €113 | €1,532 | €383 | ▼ 75.0% |
| Profit (loss) for the period before taxes9903 | -€66,633 | -€47,173 | -€64,743 | -€52,835 | -€37,044 | ▲ 29.9% |
| Profit (loss) for the period9904 | -€66,633 | -€47,173 | -€64,743 | -€52,835 | -€37,044 | ▲ 29.9% |
| Profit (loss) for the period to be appropriated9905 | -€66,633 | -€47,173 | -€64,743 | -€52,835 | -€37,044 | ▲ 29.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €45,793 | €77,744 | €48,284 | €47,385 | €47,357 | ▼ 0.1% |
| Fixed assets21/28 | €29,972 | €26,670 | €23,367 | €20,065 | €16,762 | ▼ 16.5% |
| Tangible fixed assets22/27 | €29,972 | €26,670 | €23,367 | €20,065 | €16,762 | ▼ 16.5% |
| Other tangible fixed assets26 | - | - | €23,367 | €20,065 | €16,762 | ▼ 16.5% |
| Current assets29/58 | €15,821 | €51,075 | €24,916 | €27,320 | €30,594 | ▲ 12.0% |
| Stocks and contracts in progress3 | €6,470 | €6,470 | €6,470 | €6,470 | €6,470 | = |
| Stocks30/36 | - | - | €6,470 | €6,470 | €6,470 | = |
| Amounts receivable within one year40/41 | €8,635 | €16,073 | €18,338 | €19,362 | €23,274 | ▲ 20.2% |
| Trade receivables40 | - | - | €1,000 | €2,504 | €2,599 | ▲ 3.8% |
| Other amounts receivable41 | - | - | €17,338 | €16,858 | €20,675 | ▲ 22.6% |
| Cash at bank and in hand54/58 | €716 | €28,396 | €108 | €1,266 | €688 | ▼ 45.7% |
| Deferred charges and accrued income490/1 | - | - | - | €222 | €163 | ▼ 26.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €45,793 | €77,744 | €48,284 | €47,385 | €47,357 | ▼ 0.1% |
| Equity10/15 | -€353,479 | -€400,652 | -€465,395 | -€518,230 | -€555,274 | ▼ 7.1% |
| Contributions10/11 | €30,000 | - | €30,000 | €30,000 | €30,000 | = |
| Profit (loss) carried forward14 | -€383,479 | -€430,652 | -€495,395 | -€548,230 | -€585,274 | ▼ 6.8% |
| Amounts payable17/49 | €399,272 | €478,396 | €513,679 | €565,614 | €602,631 | ▲ 6.5% |
| Amounts payable after more than one year17 | €30,000 | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Financial debts170/4 | - | - | €30,000 | €30,000 | €30,000 | = |
| Amounts payable within one year42/48 | €288,022 | €352,146 | €372,429 | €416,464 | €445,281 | ▲ 6.9% |
| Trade debts44 | €9,313 | €26,714 | €19,567 | €25,792 | €16,965 | ▼ 34.2% |
| Suppliers440/4 | - | - | €19,567 | €25,792 | €16,965 | ▼ 34.2% |
| Taxes, remuneration and social security45 | - | - | €10,565 | €6,757 | - | - |
| Remuneration and social security454/9 | - | - | €10,565 | €6,757 | - | - |
| Other amounts payable47/48 | - | - | €342,297 | €383,915 | €428,316 | ▲ 11.6% |
| Accrued charges and deferred income492/3 | - | - | €111,250 | €119,150 | €127,350 | ▲ 6.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€66,633 | -€47,173 | -€64,743 | -€52,835 | -€37,044 | ▲ 29.9% |
| + Depreciation and write-downs630 | €3,302 | €3,302 | €3,302 | €3,302 | €3,302 | = |
| Operating cash flow (approximation) | -€63,331 | -€43,870 | -€61,441 | -€49,532 | -€33,742 | ▲ 31.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €27,680 | -€28,287 | €1,158 | -€578 | ▼ 150% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
17-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 322 days late
2022
10-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 71 days late
2021
22-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 53 days late
2020
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
2019
08-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 69 days late
2018
20-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 142 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
2016
22-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 53 days late
2015
23-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2014
Ground area
509 m²
Building footprint
107 m²
Volume, LiDAR
1,714 m³
Parcel 21447B0296/00G012, Brussels · tallest building 20.1 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
A GALERIE BRUXELLES
since 20142.227.159.887
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21447B0296/00G012 | Brussels | 509 m² | 1 · 107 m² | 20.1 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,435 companies in this sector we hold annual accounts for 457. See the whole sector
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded17-02-2014
Fiscal year end31-12
Activities, NACEBEL 2025
47791Retail sale of antiques
E-invoicing
Reachable via Peppol
Peppol ID
0208:0546613410
Also
9925:BE0546613410
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.