ALPHA
Annual accounts 2025
abbreviated format, filed on 16-06-2026, 45 days before the deadlineMoney flows
no detail for 2025Balance sheet
balance sheet total €574,797 on 31-12-2025in euro
in euro
Position in the sector
99.7%
Higher than 95% of 11,297 companies in 2025.
-
Higher than 95% of 8,523 companies in 2022.
-0.9%
Higher than 30% of 11,182 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
574,797 | 579,332 | 596,118 | 624,244 | 653,900 | 679,934 | 714,255 | 758,070 | 778,856 | 740,376 | 725,952 | 758,485 | 921,455 | 903,306 | 881,832 | 826,305 | 817,908 | 799,009 | 754,069 | 700,109 | |
21/28 |
227,784 | 246,188 | 275,308 | 304,428 | 329,072 | 340,037 | 382,150 | 428,564 | 332,167 | 380,314 | 440,596 | 477,684 | 531,662 | 557,521 | - | 493,540 | 548,486 | 593,816 | 641,815 | 567,193 | |
22/27 |
195,318 | 213,722 | 242,842 | 271,962 | 296,606 | 307,571 | 352,184 | 398,598 | 302,201 | 350,348 | 410,630 | 419,118 | 473,096 | 498,955 | 537,076 | 452,120 | 507,066 | 552,396 | 600,395 | 525,773 | |
22 |
142,988 | 155,705 | 176,748 | 197,790 | 216,427 | 228,187 | 257,643 | 288,830 | 229,955 | 265,032 | 312,681 | 358,940 | 408,639 | 418,176 | 437,761 | 392,659 | 433,679 | 477,010 | 521,002 | 464,459 | |
23 |
2,273 | - | - | - | - | - | - | 1,080 | 217 | 433 | - | 371 | 742 | 626 | 2,465 | 2,221 | 3,268 | 4,235 | 1,180 | 1,925 | |
24 |
50,057 | 58,017 | 66,094 | 74,172 | 80,179 | 79,384 | 48,265 | 62,411 | 25,752 | 38,606 | 51,672 | 13,530 | 27,445 | 43,885 | 60,581 | 20,971 | 33,851 | 34,881 | 45,768 | 26,945 | |
26 |
- | - | - | - | - | - | 46,277 | 46,277 | 46,277 | 46,277 | 46,277 | 46,277 | 36,269 | 36,269 | 36,269 | 36,269 | 36,269 | 36,269 | 32,444 | 32,444 | |
28 |
32,466 | 32,466 | 32,466 | 32,466 | 32,466 | 32,466 | 29,966 | 29,966 | 29,966 | 29,966 | 29,966 | 58,566 | 58,566 | 58,566 | 38,600 | 41,420 | 41,420 | 41,420 | 41,420 | 41,420 | |
29/58 |
347,014 | 333,144 | 320,810 | 319,816 | 324,828 | 339,897 | 332,104 | 329,506 | 446,689 | 360,061 | 285,356 | 280,801 | 389,793 | 345,784 | 306,156 | 332,766 | 269,422 | 205,193 | 112,254 | 132,916 | |
3 |
- | - | - | - | - | - | - | - | 388 | 831 | 1,054 | 303 | 1,058 | 1,747 | 934 | 1,528 | 1,146 | 2,316 | 2,317 | 5,659 | |
30/36 |
- | - | - | - | - | - | - | - | 388 | 831 | 1,054 | 303 | 1,058 | 1,747 | 934 | 1,528 | 1,146 | 2,316 | 2,317 | 5,659 | |
40/41 |
1,937 | 2,498 | 2,000 | 7,557 | 5,778 | 14 | 1,459 | 165 | 459 | 7,215 | 9,739 | 14,691 | 18,230 | 18,250 | 28,763 | 34,354 | 35,246 | 50,182 | 47,275 | 83,060 | |
40 |
0 | 159 | 2,000 | 6,787 | 5,097 | 14 | 884 | 165 | 459 | 468 | 3,654 | 10,325 | 13,337 | 12,407 | 15,086 | 12,961 | 13,248 | 10,607 | 7,701 | 10,687 | |
41 |
1,937 | 2,339 | 0 | 770 | 681 | - | 576 | - | - | 6,747 | 6,085 | 4,365 | 4,893 | 5,844 | 13,677 | 21,393 | 21,998 | 39,575 | 39,575 | 72,373 | |
50/53 |
250,000 | 250,000 | 250,000 | - | - | - | - | - | - | - | 199,575 | 204,906 | 205,137 | 205,443 | 104,829 | 203,167 | 201,973 | 63,102 | - | - | |
54/58 |
95,077 | 80,646 | 68,811 | 312,260 | 315,175 | 339,883 | 330,645 | 314,539 | 445,525 | 352,015 | 74,988 | 60,515 | 164,614 | 118,266 | 171,630 | 91,529 | 31,057 | 88,495 | 62,661 | 44,197 | |
490/1 |
- | - | - | 0 | 3,875 | - | - | 14,802 | 317 | - | - | 386 | 753 | 2,078 | - | 2,187 | - | 1,099 | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
574,797 | 579,332 | 596,118 | 624,244 | 653,900 | 679,934 | 714,255 | 758,070 | 778,856 | 740,376 | 725,952 | 758,485 | 921,455 | 903,306 | 881,832 | 826,305 | 817,908 | 799,009 | 754,069 | 700,109 | |
10/15 |
573,223 | 578,553 | 593,426 | 618,409 | 651,965 | 676,582 | 710,954 | 753,005 | 757,988 | 733,082 | 723,097 | 739,940 | 724,447 | 896,021 | 860,384 | 819,751 | 805,462 | 775,665 | 739,636 | 675,207 | |
10/11 |
162,393 | 162,393 | 162,393 | 162,393 | 162,393 | 162,393 | 162,393 | 162,393 | 162,393 | 162,393 | 162,393 | 162,393 | 162,393 | 162,393 | - | 110,313 | 110,313 | 110,313 | 110,313 | 110,313 | |
10 |
162,393 | 162,393 | 162,393 | 162,393 | 162,393 | - | - | - | - | - | - | - | - | - | 162,393 | - | - | - | - | - | |
100 |
162,393 | 162,393 | 162,393 | 162,393 | 162,393 | 162,393 | 162,393 | 162,393 | 162,393 | 162,393 | 162,393 | 162,393 | 162,393 | 162,393 | 162,393 | 110,313 | 110,313 | 110,313 | 110,313 | 110,313 | |
13 |
462,448 | 462,448 | 462,448 | 462,448 | 462,448 | 462,448 | 462,448 | 462,448 | 462,448 | 463,363 | 464,980 | 466,597 | 468,215 | 467,319 | 468,937 | 467,858 | 469,476 | 471,093 | 472,710 | 474,429 | |
130/1 |
16,239 | 16,239 | 16,239 | 16,239 | 16,239 | 16,239 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
16,239 | 16,239 | 16,239 | 16,239 | 16,239 | 16,239 | 16,239 | 16,239 | 16,239 | 16,239 | 16,239 | 16,239 | 16,239 | 13,727 | 13,727 | 11,031 | 11,031 | 11,031 | 11,031 | 11,031 | |
132 |
- | - | - | - | - | - | - | - | 0 | 915 | 2,532 | 4,150 | 5,767 | 7,384 | 9,002 | 10,619 | 12,236 | 13,853 | 15,471 | 17,190 | |
133 |
446,208 | 446,208 | 446,208 | 446,208 | 446,208 | 446,208 | 446,208 | 446,208 | 446,208 | 446,208 | 446,208 | 446,208 | 446,208 | 446,208 | 446,208 | 446,208 | 446,208 | 446,208 | 446,208 | 446,208 | |
14 |
-51,617 | -46,288 | -31,414 | -6,432 | 27,125 | 51,741 | 86,114 | 128,165 | 133,148 | 107,327 | 95,724 | 110,950 | 93,840 | 266,309 | 229,054 | 241,580 | 225,674 | 194,259 | 156,613 | 90,465 | |
17/49 |
1,574 | 779 | 2,693 | 5,835 | 1,935 | 3,352 | 3,300 | 5,065 | 20,868 | 7,293 | 2,856 | 18,545 | 197,008 | 7,285 | 21,448 | 6,554 | 12,446 | 23,344 | 14,433 | 24,902 | |
42/48 |
574 | 779 | 2,693 | 5,835 | 1,935 | 3,352 | 3,300 | 5,065 | 20,868 | 5,993 | 2,856 | 18,487 | 197,008 | 7,285 | 13,948 | 6,554 | 12,446 | 23,344 | 14,433 | 24,902 | |
44 |
388 | 157 | 2,375 | 5,144 | 659 | 1,165 | 893 | 1,395 | 3,149 | 2,332 | 1,591 | 9,883 | 1,405 | 1,818 | 3,499 | 1,840 | 2,119 | 2,537 | 3,353 | 13,499 | |
440/4 |
388 | 157 | 2,375 | 5,144 | 659 | 1,165 | 893 | 1,395 | 979 | 2,332 | 1,591 | 9,883 | 1,405 | 1,818 | 3,499 | 1,840 | 2,119 | 2,537 | 3,353 | 13,499 | |
441 |
- | - | - | - | - | - | - | - | 2,170 | - | - | - | - | - | - | - | - | - | - | - | |
45 |
24 | 461 | 155 | 530 | 1,114 | 2,032 | 770 | 1,682 | 15,967 | 3,662 | 1,264 | 8,604 | 50,948 | 3,207 | 189 | 4,714 | 10,327 | 12,870 | 1,709 | 4,403 | |
450/3 |
24 | 461 | 155 | 530 | 1,114 | 2,032 | 770 | 1,682 | 15,967 | 3,662 | 1,264 | 8,604 | 50,948 | 3,207 | 189 | 4,714 | 10,327 | 12,870 | 1,709 | 4,403 | |
47/48 |
162 | 162 | 162 | 162 | 162 | 155 | 1,637 | 1,988 | 1,751 | - | - | - | 144,655 | 2,260 | 10,260 | - | - | 7,936 | 9,370 | 7,000 | |
492/3 |
1,000 | - | - | - | - | - | - | - | - | 1,300 | - | 58 | - | - | 7,500 | - | - | - | - | - | |
| Income statement | |||||||||||||||||||||
70 |
- | - | - | 0 | 69,616 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
76A |
- | - | - | 0 | 4,715 | - | - | - | - | - | - | - | - | 979 | - | 1,407 | 4,465 | - | - | - | |
9900 |
25,548 | 22,733 | 20,357 | 14,367 | 25,683 | 26,808 | 17,455 | 65,266 | 101,065 | 93,482 | 88,209 | 92,604 | 102,113 | 109,650 | 78,136 | 82,676 | 96,416 | 109,480 | 117,081 | 95,405 | |
60/61 |
49,686 | 52,013 | 54,917 | 59,718 | 48,647 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
62 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 853 | 853 | 853 | 853 | 852 | |
630 |
20,935 | 29,120 | 29,120 | 31,653 | 30,093 | 45,687 | 46,413 | 46,658 | 48,503 | 60,932 | 63,676 | 64,475 | 66,783 | 62,759 | 67,838 | 60,489 | 60,617 | 57,753 | 58,044 | 58,533 | |
640/8 |
16,673 | 16,572 | 16,516 | 15,964 | 19,691 | 14,697 | 12,213 | 18,888 | 12,678 | 16,999 | 14,109 | 10,822 | 11,750 | 10,203 | 13,828 | 7,403 | 7,205 | 5,410 | 14,397 | 12,840 | |
66A |
- | - | - | - | - | - | - | 4,252 | - | 1,378 | 33,931 | 231 | 1,093 | - | - | - | - | 139 | - | - | |
9901 |
-12,060 | -22,959 | -25,279 | -33,249 | -24,101 | -33,576 | -41,172 | -280 | 39,884 | 14,173 | 10,424 | 17,306 | 23,580 | 36,688 | -3,530 | 13,932 | 27,741 | 45,465 | 43,787 | 23,180 | |
75/76B |
7,062 | 8,402 | 602 | 2 | 15 | 6 | - | 309 | 237 | 57 | 7,049 | 1,372 | 694 | 768 | - | 181 | 835 | 1,030 | 21,404 | 2,605 | |
75 |
7,062 | 8,402 | 602 | 2 | 15 | 6 | - | 309 | 237 | 57 | 7,049 | 1,372 | 694 | 768 | 457 | 181 | 835 | 1,030 | 21,404 | 2,605 | |
65/66B |
150 | 135 | 120 | 121 | 121 | 110 | 109 | 4,366 | 280 | 2,208 | 121 | 129 | 577 | 629 | - | 579 | 678 | 479 | 291 | 453 | |
65 |
150 | 135 | 120 | 121 | 121 | 110 | 109 | 113 | 280 | 262 | 121 | 129 | 577 | 629 | 619 | 579 | 678 | 479 | 291 | 453 | |
66B |
- | - | - | - | - | - | - | 4,252 | - | 1,946 | - | - | - | - | - | - | - | - | - | - | |
9903 |
-5,148 | -14,692 | -24,797 | -33,368 | -24,207 | -33,680 | -41,281 | -4,337 | 39,841 | 12,022 | -16,579 | 18,318 | 22,605 | 37,806 | 2,722 | 14,941 | 32,363 | 45,877 | 64,900 | 25,332 | |
67/77 |
182 | 181 | 186 | 189 | 410 | 693 | 770 | 646 | 14,935 | 2,037 | 264 | 2,826 | 3,118 | 2,168 | 725 | 652 | 2,566 | 9,848 | 470 | 5 | |
9904 |
-5,329 | -14,873 | -24,983 | -33,556 | -24,617 | -34,373 | -42,051 | -4,983 | 25,821 | 9,986 | -16,843 | 15,492 | 19,487 | 35,638 | 1,997 | 14,289 | 29,797 | 36,029 | 64,429 | 25,327 | |
789 |
- | - | - | - | - | - | - | - | - | 1,617 | 1,617 | 1,617 | 1,617 | 1,617 | 1,617 | 1,617 | 1,617 | 1,617 | 1,719 | 1,910 | |
9905 |
-5,329 | -14,873 | -24,983 | -33,556 | -24,617 | -34,373 | -42,051 | -4,983 | 25,821 | 11,603 | -15,226 | 17,110 | 21,104 | 37,255 | 3,614 | 15,907 | 31,414 | 37,646 | 66,148 | 27,237 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-51,617 | -46,288 | -31,414 | -6,432 | 27,125 | 51,741 | 86,114 | 128,165 | 133,148 | 107,327 | 95,724 | 110,950 | 287,413 | 266,309 | 245,194 | 241,580 | 225,674 | 194,259 | 156,613 | 90,465 | |
14P |
-46,288 | -31,414 | -6,432 | 27,125 | 51,741 | - | - | - | - | - | - | - | - | - | 241,580 | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | - | 2,513 | - | - | - | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | 2,513 | - | - | - | - | - | - | - | |
694/7 |
- | - | - | - | - | - | - | - | - | - | - | - | 191,060 | - | - | - | - | - | - | - | |
694 |
- | - | - | - | - | - | - | - | - | - | - | - | 191,060 | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 15 older financial years (1991-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 16-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 16-06-2026 | 2026-00170339 | |
| 31-12-2024 | micro format | 23-06-2025 | 2025-00172781 | |
| 31-12-2023 | micro format | 20-06-2024 | 2024-00155345 | |
| 31-12-2022 | micro format | 03-07-2023 | 2023-00211731 | |
| 31-12-2021 | micro format | 27-06-2022 | 2022-20146117 | |
| 31-12-2020 | micro format | 28-06-2021 | 2021-25600113 | |
| 31-12-2019 | full format | 30-06-2020 | 2020-24000145 | |
| 31-12-2018 | full format | 24-06-2019 | 2019-22100140 | |
| 31-12-2017 | full format | 28-06-2018 | 2018-25000101 | |
| 31-12-2016 | full format | 29-06-2017 | 2017-24100204 | |
| 31-12-2015 | full format | 29-06-2016 | 2016-23900379 | |
| 31-12-2014 | full format | 02-07-2015 | 2015-26700423 | |
| 31-12-2013 | full format | 02-07-2014 | 2014-25900459 | |
| 31-12-2012 | full format | 17-06-2013 | 2013-18300213 | |
| 31-12-2011 | full format | 05-06-2012 | 2012-14900407 | |
| 31-12-2010 | full format | 16-05-2011 | 2011-11400449 | |
| 31-12-2009 | full format | 02-06-2010 | 2010-15300072 | |
| 31-12-2008 | full format | 25-06-2009 | 2009-30200314 | |
| 31-12-2007 | full format | 02-07-2008 | 2008-34600341 | |
| 31-12-2006 | full format | 06-07-2007 | 2007-37200293 | |
| 31-12-2005 | full format | 07-07-2006 | 2006-43402528 | |
| 31-12-2004 | full format | 02-08-2005 | 2005-62403176 | |
| 31-12-2003 | full format | 31-08-2004 | 2004-62304573 | |
| 31-12-2002 | full format | 31-07-2003 | 2003-58605342 | |
| 31-12-2001 | full format | 06-06-2002 | 2002-18003580 | |
| 30-11-2000 | full format | 17-05-2001 | 2001-13204788 | |
| 30-11-1999 | full format | 05-10-2000 | 2000-62201692 | |
| 30-11-1998 | full format | 05-11-1999 | 1999-56900389 | |
| 30-11-1997 | full format | 09-06-1998 | 1998-15205020 | |
| 30-11-1996 | full format | 28-04-1997 | 1997-06501264 | |
| 30-11-1995 | full format | 26-03-1996 | 1996-04604586 | |
| 30-11-1994 | full format | 18-04-1995 | 1995-06003845 | |
| 30-11-1993 | full format | 13-04-1994 | 1994-06300136 | |
| 30-11-1992 | full format | 02-04-1993 | 1993-05001365 | |
| 30-11-1991 | full format | 18-05-1992 | 1992-06103373 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 8,875 | 6,161 | 3,841 | -1,596 | 5,992 | 12,111 | 5,241 | 46,378 | 88,387 | 75,105 | 74,100 | 81,782 | 90,363 | 99,447 | 64,308 | 74,421 | 88,359 | 103,218 | 101,831 | 81,713 | ||
| 15,606 | 14,247 | 4,137 | -1,904 | 5,476 | 11,314 | 4,363 | 41,675 | 74,324 | 70,918 | 46,833 | 79,968 | 86,270 | 98,397 | 69,835 | 74,779 | 90,414 | 93,782 | 122,474 | 83,860 | ||
| 2,530 | 0 | 0 | 7,008 | 46,813 | 3,574 | 0 | 162,018 | 355 | 650 | 68,718 | 10,498 | 40,924 | 44,604 | 163,357 | 5,543 | 15,288 | 9,893 | 154,728 | 15,800 | ||
| 14,431 | 11,835 | -243,449 | -2,915 | -24,708 | 9,238 | 16,106 | -130,985 | 93,509 | 277,027 | 14,473 | -104,100 | 46,348 | -53,364 | 80,101 | 60,473 | -57,438 | 25,834 | 18,464 | - | ||
| 346,440 | 332,365 | 318,118 | 313,981 | 322,893 | 336,545 | 328,804 | 324,441 | 425,821 | 354,068 | 282,500 | 262,314 | 192,785 | 338,499 | 292,208 | 326,211 | 256,976 | 181,849 | 97,821 | 108,014 | ||
| - | - | - | - | -34.6% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| 99.7% | 99.9% | 99.5% | 99.1% | 99.7% | 99.5% | 99.5% | 99.3% | 97.3% | 99.0% | 99.6% | 97.6% | 78.6% | 99.2% | 97.6% | 99.2% | 98.5% | 97.1% | 98.1% | 96.4% | ||
| - | - | - | 54.81 | - | - | - | 65.06 | 21.41 | 60.08 | 99.93 | 15.19 | 1.98 | 47.46 | 21.95 | 50.77 | 21.65 | 8.79 | 7.78 | 5.34 | ||
| - | - | - | 54.81 | - | - | - | 65.06 | 21.39 | 59.94 | 99.56 | 15.17 | 1.97 | 47.22 | 21.88 | 50.54 | 21.56 | 8.69 | 7.62 | 5.11 | ||
| 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.03 | 0.01 | 0.00 | 0.03 | 0.27 | 0.01 | 0.02 | 0.01 | 0.02 | 0.03 | 0.02 | 0.04 | ||
| -0.9% | -2.6% | -4.2% | -5.4% | -3.8% | -5.1% | -5.9% | -0.7% | 3.4% | 1.4% | -2.3% | 2.1% | 2.7% | 4.0% | 0.2% | 1.7% | 3.7% | 4.6% | 8.7% | 3.8% | ||
| -0.9% | -2.6% | -4.2% | -5.4% | -3.8% | -5.1% | -5.9% | -0.7% | 3.3% | 1.3% | -2.3% | 2.0% | 2.1% | 3.9% | 0.2% | 1.7% | 3.6% | 4.5% | 8.5% | 3.6% | ||
| 59.25 | 45.62 | 32.01 | -13.24 | 49.52 | - | - | - | - | - | - | - | - | - | over 100 | - | - | - | - | - | ||
| - | - | - | - | 27 days | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| 3 days | 1 day | 16 days | 31 days | 5 days | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A ratio outside any meaningful range has been withheld (balance sheet total €574,797, equity €573,223).
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €2,530 | - | - | €7,008 | €46,813 |
| €20,935 | €29,120 | €29,120 | €31,653 | €30,093 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on ALPHA
The operating result for 2025 is a loss of €12,060, smaller than the loss of €22,959 in 2024.
Debt's share of the balance-sheet total rises from 0.1% to 0.3%. Equity is lower and debt is higher.