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ALPHA

Active Public limited companyfounded 1990active for 35 yearsRue Provinciale 486, 4458 JuprelleKBO/BCE: BE 0442.290.108 #1 oldest company in Juprelle, Real estate sector
ALPHA
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Overview

Lifetime

20 annual accounts with figures on one time axis, 35 filings since 1991
peak €117,081 (2007)
€25,548▲ 12.4%
lowest -€42,051 (2019)
-€5,329▲ €9,544
peak €896,021 (2012)
€573,223▼ 0.9%
€1,574▲ 102%
Board4 names since 2021
1 directorChristiane BURY
Documentsfilings and deeds
16-06-202645 days before the deadline
2025abbreviated format
Gross margin from €22,733 to €25,548Loss of €5,329Debts from €779 to €1,574

Key points

from the 2025 annual accounts

Losses

-€184,764 in eight years
-4,9832018-42,0512019-34,3732020-24,6172021-33,5562022-24,9832023-14,8732024-5,3292025

Every financial year from 2018 to 2025 closed with a loss. 2019 was the heaviest.

Filings

35 annual accounts since 1991
AprilJune31 JulyOctober200020102020

The last five annual accounts were filed 28 to 45 days before the end of the period.

Position in the sector

99.7%

Higher solvency than 95% of companies in real estate. Sector median 30.7% · 11,297 companies.

Checked score

96
Excellent
Financially stronger than 67% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1%highest value 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

100=equity 99.7% of total assets
71+4short-term debt 0.1% · cash 16.5%
68+2return on assets -0.9%

Score breakdown

lowers risk
Size: total assets €574,797
Liquidity: current ratio 604.84, cash €95,077
Equity €573,223 (99.7% of total assets)
Founded in 1990
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 91% of them on solvency, 80% on liquidity, 54% on profitability and 42% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 8,617 companies had the same profile as ALPHA has now. Each dot stands for 22 companies, two years later.

94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of ALPHA itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 8,617 companies, not a prediction for ALPHA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €55,000 on 30-day terms is acceptable

Short-term debt is 0.1% and cash 16.5% of total assets. 0.3% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Size: total assets €574,797
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 604.84, cash €95,077
NBB · annual accounts
lowers risk · Equity €573,223 (99.7% of total assets)
NBB · annual accounts
lowers risk · Founded in 1990
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 days early
2024
38 days early
2023
41 days early
2022
28 days early
2021
34 days early
2020
33 days early
2019
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 36 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

CB
Christiane BURY
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0442290108
4 directors reappointed 3,200 new shares · 210 new shares · Jacques GERMAY, Christiane BURY, Sandra GERMAY and Valérie GERMAY · General meeting of 15-12-2023 · Gazette deed
2 directors appointed, 2 reappointments Reappointments: GERMAY Jacques and BURY Christiane · Appointments: GERMAY Sandra and GERMAY Valérie · General meeting of 06-06-2020 · Gazette deed
First establishment Rue Provinciale 486, Juprelle
All 51 events

Comparable companies

same main activity, similar in size and age
Company
ALPHA Juprelle €574,797 €25,548 99.7% -
FIDO Liège €562,461 €37,189 93.0% -
DEBIMMO Diepenbeek €582,179 €32,666 69.2% -
GOMAN La Hulpe €555,955 €20,651 76.7% -
CERTYN - DE STERCKE Zele €592,490 €32,546 97.4% -
HOOMACO Tongeren-Borgloon €537,781 €33,963 56.7% -
JOPPEN INVEST Wommelgem €627,061 €31,468 18.1% -

These companies have the same main activity as ALPHA: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €538,000 and €627,000, founded between 1987 and 1993.

Official details

Source: KBO
Status
Active since 21-12-1990Normal situation
Activity
Development of residential building projectsNACE 68121and 2 others
Establishment unit
2.050.972.4534458 Juprelle, since 04-01-1991
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€25,548▲ 12.4%
≈ €70,000estimated
€5,329▼ 64.2%
€573,223▼ 0.9%
€574,797▼ 0.8%
Filing
Filed on 16-06-2026, 45 days before the end of the filing period
Financials

Insights on ALPHA

ALPHA files the abbreviated format. That format states no turnover. The gross margin fell from €95,405 in 2006 to €25,548 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 16-06-2026, 45 days before the deadline
€25,548
▲ 12.4%
-€12,060
▲ €10,899
€8,875
▲ 44.1%
€15,606
▲ 9.5%
99.7%
▼ 0.1 percentage points
-
In the rankings #1 oldest company in Juprelle, Real estate sector

Money flows

no detail for 2025

Balance sheet

balance sheet total €574,797 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with 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.

ALPHA Middle half of the sector 80% of the sector Abbreviated accounts in real estate (NACE 68)

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 Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 574,797579,332596,118624,244653,900679,934714,255758,070778,856740,376725,952758,485921,455903,306881,832826,305817,908799,009754,069700,109
21/28 227,784246,188275,308304,428329,072340,037382,150428,564332,167380,314440,596477,684531,662557,521-493,540548,486593,816641,815567,193
22/27 195,318213,722242,842271,962296,606307,571352,184398,598302,201350,348410,630419,118473,096498,955537,076452,120507,066552,396600,395525,773
22 142,988155,705176,748197,790216,427228,187257,643288,830229,955265,032312,681358,940408,639418,176437,761392,659433,679477,010521,002464,459
23 2,273------1,080217433-3717426262,4652,2213,2684,2351,1801,925
24 50,05758,01766,09474,17280,17979,38448,26562,41125,75238,60651,67213,53027,44543,88560,58120,97133,85134,88145,76826,945
26 ------46,27746,27746,27746,27746,27746,27736,26936,26936,26936,26936,26936,26932,44432,444
28 32,46632,46632,46632,46632,46632,46629,96629,96629,96629,96629,96658,56658,56658,56638,60041,42041,42041,42041,42041,420
29/58 347,014333,144320,810319,816324,828339,897332,104329,506446,689360,061285,356280,801389,793345,784306,156332,766269,422205,193112,254132,916
3 --------3888311,0543031,0581,7479341,5281,1462,3162,3175,659
30/36 --------3888311,0543031,0581,7479341,5281,1462,3162,3175,659
40/41 1,9372,4982,0007,5575,778141,4591654597,2159,73914,69118,23018,25028,76334,35435,24650,18247,27583,060
40 01592,0006,7875,097148841654594683,65410,32513,33712,40715,08612,96113,24810,6077,70110,687
41 1,9372,3390770681-576--6,7476,0854,3654,8935,84413,67721,39321,99839,57539,57572,373
50/53 250,000250,000250,000-------199,575204,906205,137205,443104,829203,167201,97363,102--
54/58 95,07780,64668,811312,260315,175339,883330,645314,539445,525352,01574,98860,515164,614118,266171,63091,52931,05788,49562,66144,197
490/1 ---03,875--14,802317--3867532,078-2,187-1,099--
Balance sheet: equity and liabilities
10/49 574,797579,332596,118624,244653,900679,934714,255758,070778,856740,376725,952758,485921,455903,306881,832826,305817,908799,009754,069700,109
10/15 573,223578,553593,426618,409651,965676,582710,954753,005757,988733,082723,097739,940724,447896,021860,384819,751805,462775,665739,636675,207
10/11 162,393162,393162,393162,393162,393162,393162,393162,393162,393162,393162,393162,393162,393162,393-110,313110,313110,313110,313110,313
10 162,393162,393162,393162,393162,393---------162,393-----
100 162,393162,393162,393162,393162,393162,393162,393162,393162,393162,393162,393162,393162,393162,393162,393110,313110,313110,313110,313110,313
13 462,448462,448462,448462,448462,448462,448462,448462,448462,448463,363464,980466,597468,215467,319468,937467,858469,476471,093472,710474,429
130/1 16,23916,23916,23916,23916,23916,239--------------
130 16,23916,23916,23916,23916,23916,23916,23916,23916,23916,23916,23916,23916,23913,72713,72711,03111,03111,03111,03111,031
132 --------09152,5324,1505,7677,3849,00210,61912,23613,85315,47117,190
133 446,208446,208446,208446,208446,208446,208446,208446,208446,208446,208446,208446,208446,208446,208446,208446,208446,208446,208446,208446,208
14 -51,617-46,288-31,414-6,43227,12551,74186,114128,165133,148107,32795,724110,95093,840266,309229,054241,580225,674194,259156,61390,465
17/49 1,5747792,6935,8351,9353,3523,3005,06520,8687,2932,85618,545197,0087,28521,4486,55412,44623,34414,43324,902
42/48 5747792,6935,8351,9353,3523,3005,06520,8685,9932,85618,487197,0087,28513,9486,55412,44623,34414,43324,902
44 3881572,3755,1446591,1658931,3953,1492,3321,5919,8831,4051,8183,4991,8402,1192,5373,35313,499
440/4 3881572,3755,1446591,1658931,3959792,3321,5919,8831,4051,8183,4991,8402,1192,5373,35313,499
441 --------2,170-----------
45 244611555301,1142,0327701,68215,9673,6621,2648,60450,9483,2071894,71410,32712,8701,7094,403
450/3 244611555301,1142,0327701,68215,9673,6621,2648,60450,9483,2071894,71410,32712,8701,7094,403
47/48 1621621621621621551,6371,9881,751---144,6552,26010,260--7,9369,3707,000
492/3 1,000--------1,300-58--7,500-----
Income statement
70 ---069,616---------------
76A ---04,715--------979-1,4074,465---
9900 25,54822,73320,35714,36725,68326,80817,45565,266101,06593,48288,20992,604102,113109,65078,13682,67696,416109,480117,08195,405
60/61 49,68652,01354,91759,71848,647---------------
62 ---------------853853853853852
630 20,93529,12029,12031,65330,09345,68746,41346,65848,50360,93263,67664,47566,78362,75967,83860,48960,61757,75358,04458,533
640/8 16,67316,57216,51615,96419,69114,69712,21318,88812,67816,99914,10910,82211,75010,20313,8287,4037,2055,41014,39712,840
66A -------4,252-1,37833,9312311,093----139--
9901 -12,060-22,959-25,279-33,249-24,101-33,576-41,172-28039,88414,17310,42417,30623,58036,688-3,53013,93227,74145,46543,78723,180
75/76B 7,0628,4026022156-309237577,0491,372694768-1818351,03021,4042,605
75 7,0628,4026022156-309237577,0491,3726947684571818351,03021,4042,605
65/66B 1501351201211211101094,3662802,208121129577629-579678479291453
65 150135120121121110109113280262121129577629619579678479291453
66B -------4,252-1,946----------
9903 -5,148-14,692-24,797-33,368-24,207-33,680-41,281-4,33739,84112,022-16,57918,31822,60537,8062,72214,94132,36345,87764,90025,332
67/77 18218118618941069377064614,9352,0372642,8263,1182,1687256522,5669,8484705
9904 -5,329-14,873-24,983-33,556-24,617-34,373-42,051-4,98325,8219,986-16,84315,49219,48735,6381,99714,28929,79736,02964,42925,327
789 ---------1,6171,6171,6171,6171,6171,6171,6171,6171,6171,7191,910
9905 -5,329-14,873-24,983-33,556-24,617-34,373-42,051-4,98325,82111,603-15,22617,11021,10437,2553,61415,90731,41437,64666,14827,237
Appropriation of the result
9906 -51,617-46,288-31,414-6,43227,12551,74186,114128,165133,148107,32795,724110,950287,413266,309245,194241,580225,674194,259156,61390,465
14P -46,288-31,414-6,43227,12551,741---------241,580-----
691/2 ------------2,513-------
6920 ------------2,513-------
694/7 ------------191,060-------
694 ------------191,060-------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

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.

Download as CSV

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 PDF
31-12-2024 micro format 23-06-2025 2025-00172781 PDF
31-12-2023 micro format 20-06-2024 2024-00155345 PDF
31-12-2022 micro format 03-07-2023 2023-00211731 PDF
31-12-2021 micro format 27-06-2022 2022-20146117 PDF
31-12-2020 micro format 28-06-2021 2021-25600113 PDF
31-12-2019 full format 30-06-2020 2020-24000145 PDF
31-12-2018 full format 24-06-2019 2019-22100140 PDF
31-12-2017 full format 28-06-2018 2018-25000101 PDF
31-12-2016 full format 29-06-2017 2017-24100204 PDF
31-12-2015 full format 29-06-2016 2016-23900379 PDF
31-12-2014 full format 02-07-2015 2015-26700423 PDF
31-12-2013 full format 02-07-2014 2014-25900459 PDF
31-12-2012 full format 17-06-2013 2013-18300213 PDF
31-12-2011 full format 05-06-2012 2012-14900407 PDF
31-12-2010 full format 16-05-2011 2011-11400449 PDF
31-12-2009 full format 02-06-2010 2010-15300072 PDF
31-12-2008 full format 25-06-2009 2009-30200314 PDF
31-12-2007 full format 02-07-2008 2008-34600341 PDF
31-12-2006 full format 06-07-2007 2007-37200293 PDF
31-12-2005 full format 07-07-2006 2006-43402528 PDF
31-12-2004 full format 02-08-2005 2005-62403176 PDF
31-12-2003 full format 31-08-2004 2004-62304573 PDF
31-12-2002 full format 31-07-2003 2003-58605342 PDF
31-12-2001 full format 06-06-2002 2002-18003580 PDF
30-11-2000 full format 17-05-2001 2001-13204788 PDF
30-11-1999 full format 05-10-2000 2000-62201692 PDF
30-11-1998 full format 05-11-1999 1999-56900389 PDF
30-11-1997 full format 09-06-1998 1998-15205020 PDF
30-11-1996 full format 28-04-1997 1997-06501264 PDF
30-11-1995 full format 26-03-1996 1996-04604586 PDF
30-11-1994 full format 18-04-1995 1995-06003845 PDF
30-11-1993 full format 13-04-1994 1994-06300136 PDF
30-11-1992 full format 02-04-1993 1993-05001365 PDF
30-11-1991 full format 18-05-1992 1992-06103373 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
8,8756,1613,841-1,5965,99212,1115,24146,37888,38775,10574,10081,78290,36399,44764,30874,42188,359103,218101,83181,713
15,60614,2474,137-1,9045,47611,3144,36341,67574,32470,91846,83379,96886,27098,39769,83574,77990,41493,782122,47483,860
2,530007,00846,8133,5740162,01835565068,71810,49840,92444,604163,3575,54315,2889,893154,72815,800
14,43111,835-243,449-2,915-24,7089,23816,106-130,98593,509277,02714,473-104,10046,348-53,36480,10160,473-57,43825,83418,464-
346,440332,365318,118313,981322,893336,545328,804324,441425,821354,068282,500262,314192,785338,499292,208326,211256,976181,84997,821108,014
-----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---65.0621.4160.0899.9315.191.9847.4621.9550.7721.658.797.785.34
---54.81---65.0621.3959.9499.5615.171.9747.2221.8850.5421.568.697.625.11
0.000.000.000.010.000.000.000.010.030.010.000.030.270.010.020.010.020.030.020.04
-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%
59.2545.6232.01-13.2449.52---------over 100-----
----27 days---------------
3 days1 day16 days31 days5 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
Item20252024202320222021
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.

Board & ownership

Board

1 director, last change in 2021
Christiane BURY
Director
in office according to the deed of 12-04-2021 6-year term from 2023
listed in the 2025 annual accounts, filed on 16-06-2026

Office holders in the KBO →

Mandates through the years

4 names, the dashed line is today
Christiane BURY
Director
Jacques GERMAY
Director
Sandra GERMAY
Director
Valérie GERMAY
Director
BoardEarlierRest of the termmandate already running before its first mentionend not dated
Mandates as a list
  • Christiane BURY
    • Director, since before 12-04-2021
  • Jacques GERMAY
    • Director, from before 12-04-2021, no longer listed in the 2025 annual accounts
  • Sandra GERMAY
    • Director, appointed by deed of 12-04-2021, no longer listed in the 2025 annual accounts
  • Valérie GERMAY
    • Director, appointed by deed of 12-04-2021, no longer listed in the 2025 annual accounts

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Capital
€162,392.63
Source
2025 annual accounts

Articles of association

deed of 20-12-2023 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Administrateurs restants ont droit de coopter nouvel administrateur, six ans”
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Moitié cédant moitié acquéreur(s) au prorata du nombre d'actions acquises, cessions et transmissions d'actions à titre onéreux ou gratuit à…”
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Majorité des voix, assemblée générale”

Capital transactions

Capital over time
  1. 20-12-2023 Capital increase of BEF 3,200,000 · 3,200 new shares · in kind
  2. 20-12-2023 Capital increase of €52,080 · 210 new shares

Network & group

Holdings

own 2017 accounts, the bar shows equity in euros
This companyALPHA1 holding, 1 country 2017 accounts

Belgium 1 Equity Result

  • BE NOMICS2.5% €2.4m result -€133,894

Source: list of holdings in its own 2017 accounts. Every holding stands with its own latest accounts.

Holdings through the years

2016 to 2017
Holdings through the years
Name20162017
NOMICS 2.5%

Source: list of holdings in its own accounts

Board mandates elsewhere

1 board mandate
Board mandates of ALPHAALPHA sits on their board1
NOMICS
Director
Founded in 2002 · 7.6 FTE (2025)

Connections & network

1 current director
Depth

The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

51 events since 1990

Deadline for the 2026 accounts: 31-07-2027

2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0442290108
Annual accounts 2025 filed NBBabbreviated format · 45 days before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 38 days before the deadline
2024
Liquidity more than triples current ratio 427.47 The current ratio rises from 119.15 to 427.47. Short-term debt falls from €2,693 to €779.
Annual accounts 2023 filed PDFmicro format · 41 days before the deadline
2023
Liquidity more than doubled current ratio 119.15 The current ratio rises from 54.81 to 119.15. Short-term debt falls from €5,835 to €2,693.
4 directors reappointed3,200 new shares · 210 new shares · Jacques GERMAY, Christiane BURY, Sandra GERMAY and Valérie GERMAY · General meeting of 15-12-202310 points ▸
  • General meeting, 15-12-2023
  • Capital, €162,392, 4,660 shares
  • Capital increase, BEF 3.200.000
  • Capital increase, €52,080
  • Registered office clause, Fexhe-Slins, rue Provinciale 486, 4458 Juprelle
  • Board rule, 4
  • Director reappointment, Jacques GERMAY
  • Director reappointment, Christiane BURY
  • Director reappointment, Sandra GERMAY
  • Director reappointment, Valérie GERMAY
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFmicro format · 28 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 34 days before the deadline
2021
Annual accounts 2020 filed PDFmicro format · 33 days before the deadline
2 directors appointed, 2 reappointmentsReappointments: GERMAY Jacques and BURY Christiane · Appointments: GERMAY Sandra and GERMAY Valérie · General meeting of 06-06-20205 points ▸

Open the deed in the Belgian Official Gazette

2020
Annual accounts 2019 filed PDFfull format · 31 days before the deadline
2019
Weakest financial year net -€42,051 The net result drops to -€42,051, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2018 filed PDFfull format · 37 days before the deadline
2018
Liquidity triples current ratio 65.06 The current ratio rises from 21.41 to 65.06. Short-term debt falls from €20,868 to €5,065.
Annual accounts 2017 filed PDFfull format · 33 days before the deadline
2017
Annual accounts 2016 filed PDFfull format · 32 days before the deadline
2016
Back to profit net €9,986 The net result is €9,986, after one loss-making year.
Annual accounts 2015 filed PDFfull format · 32 days before the deadline
2015
Liquidity more than 6 times current ratio 99.93 The current ratio rises from 15.19 to 99.93. Short-term debt falls from €18,487 to €2,856.
Annual accounts 2014 filed PDFfull format · 29 days before the deadline
2014
Liquidity more than 7 times current ratio 15.19 The current ratio rises from 1.98 to 15.19. Short-term debt falls from €197,008 to €18,487.
Annual accounts 2013 filed PDFfull format · 29 days before the deadline
2013
Annual accounts 2012 filed PDFfull format · 44 days before the deadline
2012
Liquidity more than doubled current ratio 47.46 The current ratio rises from 21.95 to 47.46. Short-term debt falls from €13,948 to €7,285.
Annual accounts 2011 filed PDFfull format · 56 days before the deadline
2011
Annual accounts 2010 filed PDFfull format · 76 days before the deadline
2010
Liquidity more than doubled current ratio 50.77 The current ratio rises from 21.65 to 50.77. Short-term debt falls from €12,446 to €6,554.
Annual accounts 2009 filed PDFfull format · 59 days before the deadline
2009
Liquidity more than doubled current ratio 21.65 The current ratio rises from 8.79 to 21.65. Short-term debt falls from €23,344 to €12,446.
Annual accounts 2008 filed PDFfull format · 36 days before the deadline
2008
Annual accounts 2007 filed PDFfull format · 29 days before the deadline
2007
Highest result from 2006 to 2025 net €64,429 ▲154% The net result of €64,429 is the highest of those years.
Annual accounts 2006 filed PDFfull format · 25 days before the deadline
2006
Annual accounts 2005 filed PDFfull format
2005
Annual accounts 2004 filed PDFfull format
2004
Annual accounts 2003 filed PDFfull format
2003
Annual accounts 2002 filed PDFfull format
2002
Annual accounts 2001 filed PDFfull format
2001
Annual accounts 2000 filed PDFfull format
2000
Annual accounts 1999 filed PDFfull format
1999
Annual accounts 1998 filed PDFfull format
1998
Annual accounts 1997 filed PDFfull format
1997
Annual accounts 1996 filed PDFfull format
1996
Annual accounts 1995 filed PDFfull format
1995
Annual accounts 1994 filed PDFfull format
1994
Annual accounts 1993 filed PDFfull format
1993
Annual accounts 1992 filed PDFfull format
1992
Annual accounts 1991 filed PDFfull format
1991
First establishment Rue Provinciale 486, Juprelle
1990
Incorporation published on 09-01-1991

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 21 December 1990, ALPHA was incorporated.1 In 2023 the capital was increased by €52,080.2 Total assets went from €758,070 in 2018 to €574,797 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 20-12-2023
  3. 3National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0442.290.108
VAT number
BE 0442.290.108
Peppol ID
0208:0442290108
Legal form
Public limited company
Status
Active, normal situation
Founded
21-12-1990
Financial year
ends on 31 December
Peppol
Reachable since 21-10-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
ALPHA in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 20-12-2023 (in French)

Activities

NACEBEL 2025
68121 Development of residential building projects main activity
73200 Market research and public opinion polling
82300 Organisation of conventions and trade shows
Codes under NACEBEL 2008
41101 Real estate development main activity
73200 Advertising, market research and public relations activities
82300 Organisation of conventions and trade shows
Codes under NACEBEL 2003
70111 main activity
74131
74872
PurposeThe purpose describes the activities the company may carry out under its articles.
“Faire pour son compte ou pour compte de tiers toutes les opérations se rapportant à l'achat,la vente,l'échange,la location,sous location,la…”
6 activities
  1. Faire pour son compte ou pour compte de tiers toutes les opérations se rapportant à l'achat,la vente,l'échange,la location,sous location,la division,le lotissement,l'administration,la gestion ou gérance de tous biens ou droits immobiliers ou immobilisés par nature ou par destination au sens le plus large du terme et de la loi
  2. L'achat et la vente de produits culturels,artistiques,artisanaux,décoratifs,meubles,vins et de tout autre produit se rattachant à ce concept ainsi que des services(conférences,concerts,expositions,dîners-débats,séminaires de formation,chambres d'hôtes)dans les mêmes domaines ainsi qu'en économie,sociologie,philosophie,évolutions des sciences ou plus généralement tout domaine de culture générale
  3. Faire toutes transactions mobilières et immobilières,la vente,l'achat,l'échange,les expertises,le courtage,la construction,la transformation,la restauration et la mise en valeur de biens immobiliers et d'oeuvres d'art pour son propre compte ou pour compte de tiers
  4. Faire toutes opérations d'investissements,de prises de participation,de conseils en gestion,de négoce généralement quelconque
  5. Accomplir toutes opérations généralement quelconques,commerciales,industrielles et financières,mobilières ou immobilières se rapportant directement ou indirectement à son objet
  6. S'intéresser par toutes voies dans toutes affaires,entreprises ou sociétés,ayant un objet identique,analogue ou connexe,ou qui sont de nature à favoriser le développement de son entreprise,à lui procurer des matières premières ou faciliter l'écoulement de ses produits
deed of 20-12-2023 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Rue Provinciale 486 registered office 4458 Juprelle 47252 Retail sale of beverages, general range 04-01-1991 2.050.972.453

Location

registered office establishment approximate The establishment unit on the map

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0442.290.108

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