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ALPAT

Active
Private limited companyfounded 201015 yrs activeAmbachtstraat 5, 2990 Wuustwezel, BelgiumKBO/BCE: BE 0831.288.416

ALPAT has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.26M and a net result of €35k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 74% of 9107 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
56 / 100
Fair▼ -38 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability8▼-21
Solvency66▼-34
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity short (current ratio 0.4 against 2.19 in 2024), and 37.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
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 2025
Solvency, return and age of the figures
Solvency
62.6%
Return on assets
1%
Age of the figures
18 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 15 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 24-10-2025, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
7 d early
2024
1 d early
2023
36 d early
2022
19 d early
2021
4 d early
2020
37 d early
2019
27 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close16-09-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€2.26M▲ 1.6%
2024 · €2.22M
2019: €2.10M 2020: €2.15M 2021: €2.20M 2022: €2.26M 2023: €2.09M 2024: €2.22M
2019 → 2025
Total assets
€3.61M▲ 10.2%
2024 · €3.28M
2019: €2.70M 2020: €2.76M 2021: €2.98M 2022: €2.94M 2023: €2.68M 2024: €3.28M
2019 → 2025
Net result
€35k▼ 72.6%
2024 · €128k
2019: €73k 2020: €50k 2021: €47k 2022: €67k 2023: €-168k 2024: €128k
2019 → 2025
Working capital
€-95k
2024 · €157k
2019: €379k 2020: €211k 2021: €198k 2022: €199k 2023: €186k 2024: €157k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€2.20M-€2.26M▲ 3.1%€2.09M▼ 7.4%€2.22M▲ 6.1%€2.26M▲ 1.6%
Operating result€75k-€100k▲ 34.8%€112k▲ 11.8%€126k▲ 12.3%€70k▼ 44.2%
Net result€47k-€67k▲ 43.4%€-168k€128k€35k▼ 72.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-200k€-100k€0€100kOperating result 2021: €75k€75kNet result 2021: €47k€47kOperating result 2022: €100k€100kNet result 2022: €67k€67kOperating result 2023: €112k€112kNet result 2023: €-168k€-168kOperating result 2024: €126k€126kNet result 2024: €128k€128kOperating result 2025: €70k€70kNet result 2025: €35k€35k20212022202320242025
The operating result falls in 2025; 2025 is 44% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.61M
Fixed assets €3.55M▲ 18.8%
Current assets €62k▼ 78.5%
Equity and liabilities €3.61M
Equity €2.26M▲ 1.6%
Debt €1.35M▲ 28.3%
The debt ratio rises from 32.2% to 37.4%: debt grows faster than equity.
Key figures and ratios
2025 value · change against 2024
EBITDA
€171k
2024 · €185k
Cash flow
€136k
2024 · €188k
Solvency
62.6%
2024 · 67.8%
Current ratio
0.40
2024 · 2.19
Quick ratio
0.40
2024 · 2.19
Debt / equity
0.60
2024 · 0.47
ROE
1.6%
2024 · 5.8%
ROA
1.0%
2024 · 3.9%
Interest coverage
4.77
2024 · 9.20
Debt
€1.35M
2024 · €1.05M
Debt ≤ 1 year
€158k
2024 · €133k
Debt > 1 year
€1.15M
2024 · €909k
Income taxes
€81
2024 · €-20k
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€3.28M€3.61M
Fixed assets21/28€2.99M€3.55M
Tangible fixed assets22/27€2.99M€3.55M
Land and buildings22€2.99M€3.55M
Current assets29/58€290k€62k
Amounts receivable within one year40/41€2k€266
Other amounts receivable41€2k€266
Current investments50/53€153k€5k
Cash at bank and in hand54/58€92k€17k
Deferred charges and accrued income490/1€43k€41k
Equity and liabilities
Total equity and liabilities10/49€3.28M€3.61M
Equity10/15€2.22M€2.26M
Contributions10/11€2.00M€2.00M=
Reserves13€223k€258k
Distributable reserves133€223k€258k
Amounts payable17/49€1.05M€1.35M
Amounts payable after more than one year17€909k€1.15M
Financial debts170/4€909k€1.15M
Amounts payable within one year42/48€133k€158k
Current portion of amounts payable after more than one year42€106k€106k
Trade debts44€27k€8k
Suppliers440/4€27k€8k
Taxes, remuneration and social security45€0€44k
Taxes450/3€0€44k
Accrued charges and deferred income492/3€11k€40k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59k€100k
Other operating charges640/8€9k€11k
Gross operating margin9900€194k€181k
Operating profit (loss)9901€126k€70k
Financial income75/76B€3k€690
Recurring financial income75€3k€690
Financial charges65/66B€20k€36k
Recurring financial charges65€20k€36k
Profit (loss) for the period before taxes9903€108k€35k
Income taxes67/77€-20k€81
Profit (loss) for the period9904€128k€35k
Profit (loss) for the period to be appropriated9905€128k€35k
Appropriation of the result
Profit (loss) to be appropriated9906€128k€35k
Transfer to equity691/2€128k€35k
To other reserves6921€128k€35k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
24-10
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
30-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial Back to profitnet €128k
Net result €128k after one loss-making year.
2023
25-09
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial Weakest financial yearnet €-168k ▼350%
Net result drops to €-168k, the lowest in the series; recovery starts the following year.
2022
12-10
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
27-10
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
24-09
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
04-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
25-09
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
11-10
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
22-09
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
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, Wuustwezel · 1 establishment unit since 2010
establishment The establishment unit on the map
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.

Ambachtstraat 52990 Wuustwezel
Ground area
2,537 m²
Building footprint
130 m²
Volume, LiDAR
716 m³
Parcel 11026C0124/00L000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Alpat
Ambachtstraat 5, 2990 WuustwezelReal estate activities
since 20102.194.339.839
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11026C0124/00L000 Flanders 2,537 m² 1 · 130 m² 8.3 m · 2 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

Of 7,287 companies in sector 68110 we hold annual accounts for 5,352. 2,537 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded09-11-2010
Fiscal year end31-03
Activities, NACEBEL
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68202Real estate activities
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.