ALPHA
Annual accounts 2025
abbreviated format, filed on 08-06-2026, 53 days before the deadline€16,901
▼ 12.2%
€348,828
▲ 0.3%
-€2,352
▲ €1,046
4.8%
▼ 0.7 percentage points
-13.9%
▲ 3.7 percentage points
-0.7%
▲ 0.3 percentage points
Money flows
of every €100 of turnover, €10.32 was lost in 2025Balance sheet
balance sheet total €348,828 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
4.8%
Higher than 9% of 6,708 companies in 2025.
-0.7%
Higher than 15% of 6,673 companies in 2025.
ALPHA
Middle half of the sector
80% of the sector
Abbreviated accounts in financial services (NACE 64)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Staff: 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 |
348,828 | 347,697 | 349,746 | 348,358 | 348,702 | 347,949 | 348,151 | 348,843 | 348,250 | 346,560 | 346,555 | 346,590 | 346,606 | 346,555 | 346,575 | 346,601 | 346,612 | 346,659 | 346,905 | 346,716 | |
21/28 |
346,555 | 346,555 | 346,555 | 346,555 | 346,555 | 346,555 | 346,555 | 346,555 | 346,555 | 346,555 | 346,555 | 346,555 | 346,555 | 346,555 | 346,555 | 346,555 | 346,555 | 346,555 | 346,555 | 346,555 | |
28 |
346,555 | 346,555 | 346,555 | 346,555 | 346,555 | 346,555 | 346,555 | 346,555 | 346,555 | 346,555 | 346,555 | 346,555 | 346,555 | 346,555 | 346,555 | 346,555 | 346,555 | 346,555 | 346,555 | 346,555 | |
29/58 |
2,273 | 1,142 | 3,191 | 1,803 | 2,147 | 1,394 | 1,596 | 2,288 | 1,694 | 5 | - | 35 | 50 | - | 20 | 46 | 57 | 104 | 350 | 160 | |
54/58 |
2,273 | 1,142 | 3,191 | 1,803 | 2,147 | 1,394 | 1,596 | 2,288 | 1,694 | 5 | - | 35 | 50 | - | 20 | 46 | 57 | 104 | 350 | 160 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
348,828 | 347,697 | 349,746 | 348,358 | 348,702 | 347,949 | 348,151 | 348,843 | 348,250 | 346,560 | 346,555 | 346,590 | 346,606 | 346,555 | 346,575 | 346,601 | 346,612 | 346,659 | 346,905 | 346,716 | |
10/15 |
16,901 | 19,253 | 22,651 | 23,920 | 24,894 | 25,531 | 25,992 | 26,217 | 26,562 | 19,886 | 20,234 | 20,093 | 20,097 | 20,013 | 19,909 | 14,033 | 13,925 | 13,804 | 13,788 | 13,736 | |
10/11 |
19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 6,605 | 6,605 | 6,605 | 6,605 | 6,605 | |
100 |
- | - | - | - | - | - | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | |
101 |
- | - | - | - | - | - | - | - | - | 6,600 | 6,600 | 6,600 | 6,600 | 6,600 | 6,600 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | |
13 |
1,900 | 1,900 | 3,651 | 4,920 | 5,894 | 6,531 | 6,992 | 7,217 | 7,562 | 7,486 | 7,834 | 7,693 | 7,697 | 7,613 | 7,605 | 7,605 | 7,605 | 7,605 | 7,605 | 7,605 | |
130/1 |
1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | |
1311 |
1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
- | 0 | 1,751 | 3,020 | 3,994 | 4,631 | 5,092 | 5,317 | 5,662 | 5,586 | 5,934 | 5,793 | 5,797 | 5,713 | 5,745 | 5,745 | 5,745 | 5,745 | 5,745 | 5,745 | |
14 |
-3,999 | -1,647 | - | - | - | - | - | - | - | - | - | - | - | - | -95 | -177 | -285 | -406 | -422 | -474 | |
16 |
131,134 | 137,668 | 144,336 | 151,125 | 158,025 | 165,023 | 172,106 | 179,261 | 186,476 | 193,736 | 201,029 | 208,341 | 215,658 | 222,968 | 230,258 | 237,515 | 244,727 | 251,884 | 258,973 | 265,985 | |
160/5 |
131,134 | 137,668 | 144,336 | 151,125 | 158,025 | 165,023 | 172,106 | 179,261 | 186,476 | 193,736 | 201,029 | 208,341 | 215,658 | 222,968 | 230,258 | 237,515 | 244,727 | 251,884 | 258,973 | 265,985 | |
160 |
- | - | - | - | - | - | - | - | 186,476 | 193,736 | - | - | - | - | - | - | - | - | - | - | |
163 |
0 | 137,668 | 144,336 | 151,125 | 158,025 | - | - | 179,261 | - | - | - | - | - | - | - | - | - | - | - | - | |
164/5 |
131,134 | - | - | - | - | 165,023 | 172,106 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
17/49 |
200,792 | 190,775 | 182,760 | 173,314 | 165,784 | 157,395 | 150,054 | 143,365 | 135,212 | 132,938 | 125,293 | 118,157 | 110,851 | 103,574 | 96,408 | 95,053 | 87,960 | 80,971 | 74,144 | 66,995 | |
42/48 |
200,792 | 190,775 | 182,760 | 173,314 | 165,784 | 157,395 | 150,054 | 143,365 | 135,212 | 132,938 | 125,293 | 118,157 | 110,851 | 103,574 | 96,408 | 95,053 | 87,960 | 80,971 | 74,144 | 66,995 | |
43 |
- | - | - | - | - | - | - | - | - | - | 75 | - | - | 111 | - | - | - | - | - | - | |
430/8 |
- | - | - | - | - | - | - | - | - | - | 75 | - | - | 111 | - | - | - | - | - | - | |
44 |
- | 0 | 525 | 560 | 457 | 446 | 436 | 776 | 417 | 417 | - | - | - | - | - | - | - | - | - | - | |
440/4 |
- | 0 | 525 | 560 | 457 | 446 | 436 | 776 | 417 | 417 | - | - | - | - | - | - | - | - | - | - | |
45 |
- | - | - | - | - | - | - | - | - | - | 70 | - | 43 | 5 | - | - | - | - | - | - | |
450/3 |
- | - | - | - | - | - | - | - | - | - | 70 | - | 43 | 5 | - | - | - | - | - | - | |
47/48 |
200,792 | 190,775 | 182,235 | 172,754 | 165,327 | 156,948 | 149,618 | 142,589 | 134,795 | 132,521 | 125,148 | 118,157 | 110,808 | 103,459 | 96,408 | 95,053 | 87,960 | 80,971 | 74,144 | 66,995 | |
| Income statement | |||||||||||||||||||||
70 |
22,800 | 22,800 | - | - | - | - | - | - | - | - | 22,800 | - | - | - | - | - | - | - | - | - | |
9900 |
26,047 | 18,846 | 20,790 | 20,883 | 21,060 | 21,102 | 20,943 | 20,812 | 21,180 | 20,763 | 21,227 | 21,015 | 21,142 | 21,142 | 21,142 | 21,221 | 21,221 | 21,296 | 21,296 | 21,381 | |
60/61 |
3,287 | 3,954 | - | - | - | - | - | - | - | - | 1,573 | - | - | - | - | - | - | - | - | - | |
635/8 |
0 | -6,667 | -6,789 | -6,900 | -6,998 | -7,083 | -7,156 | -7,214 | -7,261 | -7,293 | -7,312 | -7,317 | -7,310 | -7,290 | -7,257 | -7,213 | -7,157 | -7,089 | -7,012 | -6,925 | |
640/8 |
462 | 449 | 446 | 410 | 410 | 410 | 410 | 410 | 410 | 472 | 410 | 410 | 410 | 410 | 410 | 410 | 348 | 472 | 348 | 410 | |
9901 |
25,586 | 25,064 | 27,133 | 27,374 | 27,648 | 27,776 | 27,689 | 27,617 | 28,031 | 27,584 | 28,129 | 27,923 | 28,042 | 28,022 | 27,989 | 28,024 | 28,030 | 27,914 | 27,961 | 27,896 | |
65/66B |
27,938 | 28,461 | 28,402 | 28,348 | 28,286 | 28,237 | 27,913 | 27,963 | 27,954 | 27,932 | 27,918 | 27,927 | 27,916 | 27,914 | 27,908 | 27,916 | 27,909 | 27,898 | 27,908 | 27,868 | |
65 |
27,938 | 28,461 | 28,402 | 28,348 | 28,286 | 28,237 | 27,913 | 27,963 | 27,954 | 27,932 | 27,918 | 27,927 | 27,916 | 27,914 | 27,908 | 27,916 | 27,909 | 27,898 | 27,908 | 27,868 | |
9903 |
-2,352 | -3,398 | -1,269 | -974 | -638 | -461 | -225 | -346 | 77 | -348 | 211 | -4 | 126 | 109 | 81 | 108 | 121 | 16 | 52 | 28 | |
67/77 |
- | - | - | - | - | - | - | - | - | - | 70 | - | 43 | 5 | - | - | - | - | - | - | |
9904 |
-2,352 | -3,398 | -1,269 | -974 | -638 | -461 | -225 | -346 | 77 | -348 | 141 | -4 | 83 | 104 | 81 | 108 | 121 | 16 | 52 | 28 | |
9905 |
-2,352 | -3,398 | -1,269 | -974 | -638 | -461 | -225 | -346 | 77 | -348 | 141 | -4 | 83 | 104 | 81 | 108 | 121 | 16 | 52 | 28 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-3,999 | -3,398 | -1,269 | -974 | -638 | -461 | -225 | -346 | 77 | -348 | 141 | -4 | 83 | 9 | -95 | -177 | -285 | -406 | -422 | -474 | |
14P |
-1,647 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
0 | 1,751 | 1,269 | 974 | 638 | 461 | 225 | 346 | - | 348 | - | 4 | - | 32 | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | 77 | - | 141 | - | 83 | 41 | - | - | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 41 | - | - | - | - | - | - | |
6921 |
- | - | - | - | - | - | - | - | 77 | - | 141 | - | 83 | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 11 older financial years (1995-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 08-06-2026.
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 | 08-06-2026 | 2026-00154580 | |
| 31-12-2024 | abbreviated format | 26-06-2025 | 2025-00181306 | |
| 31-12-2023 | abbreviated format | 19-06-2024 | 2024-00140754 | |
| 31-12-2022 | abbreviated format | 05-06-2023 | 2023-00105431 | |
| 31-12-2021 | abbreviated format | 23-06-2022 | 2022-20087857 | |
| 31-12-2020 | abbreviated format | 22-06-2021 | 2021-22200259 | |
| 31-12-2019 | abbreviated format | 08-07-2020 | 2020-27900273 | |
| 31-12-2018 | abbreviated format | 11-06-2019 | 2019-17100509 | |
| 31-12-2017 | abbreviated format | 24-08-2018 | 2018-49400342 | |
| 31-12-2016 | abbreviated format | 10-06-2017 | 2017-16600018 | |
| 31-12-2015 | abbreviated format | 05-07-2016 | 2016-27900160 | |
| 31-12-2014 | abbreviated format | 19-08-2015 | 2015-44100121 | |
| 31-12-2013 | abbreviated format | 10-07-2014 | 2014-30500467 | |
| 31-12-2012 | abbreviated format | 11-06-2013 | 2013-17100002 | |
| 31-12-2011 | abbreviated format | 21-08-2012 | 2012-43400527 | |
| 31-12-2010 | abbreviated format | 05-07-2011 | 2011-26000137 | |
| 31-12-2009 | abbreviated format | 25-08-2010 | 2010-45300468 | |
| 31-12-2008 | abbreviated format | 30-06-2009 | 2009-33500348 | |
| 31-12-2007 | abbreviated format | 30-06-2008 | 2008-31300376 | |
| 31-12-2006 | abbreviated format | 12-07-2007 | 2007-39100200 | |
| 31-12-2005 | abbreviated format | 17-07-2006 | 2006-48101799 | |
| 31-12-2004 | abbreviated format | 13-06-2005 | 2005-24705091 | |
| 31-12-2003 | abbreviated format | 14-07-2004 | 2004-45702049 | |
| 31-12-2002 | abbreviated format | 16-07-2003 | 2003-45701578 | |
| 31-12-2001 | abbreviated format | 18-09-2002 | 2002-56704504 | |
| 31-12-2000 | abbreviated format | 16-08-2001 | 2001-50502460 | |
| 31-12-1999 | abbreviated format | 29-08-2000 | 2000-53305268 | |
| 31-12-1998 | abbreviated format | 26-08-1999 | 1999-42803066 | |
| 31-12-1997 | abbreviated format | 17-09-1998 | 1998-47402234 | |
| 31-12-1996 | abbreviated format | 02-09-1997 | 1997-41304083 | |
| 31-12-1995 | abbreviated format | 23-08-1996 | 1996-41104301 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,131 | -2,050 | 1,388 | -344 | 754 | -203 | -691 | 593 | 1,690 | - | - | -15 | - | - | -26 | -11 | -47 | -246 | 189 | - | ||
| 4.8% | 5.5% | 6.5% | 6.9% | 7.1% | 7.3% | 7.5% | 7.5% | 7.6% | 5.7% | 5.8% | 5.8% | 5.8% | 5.8% | 5.7% | 4.0% | 4.0% | 4.0% | 4.0% | 4.0% | ||
| -13.9% | -17.6% | -5.6% | -4.1% | -2.6% | -1.8% | -0.9% | -1.3% | 0.3% | -1.7% | 0.7% | 0.0% | 0.4% | 0.5% | 0.4% | 0.8% | 0.9% | 0.1% | 0.4% | 0.2% | ||
| -0.7% | -1.0% | -0.4% | -0.3% | -0.2% | -0.1% | -0.1% | -0.1% | 0.0% | -0.1% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
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.
Insights on ALPHA
The operating result for 2025 is 2% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 54.9% to 57.6%. Equity is lower and debt is higher.