ALPHA 11
ActiveSummary
ALPHA 11 has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €59k and a net result of €22k. Equity is growing by ~58.4% per year across the filed fiscal years. Its solvency ranks better than 77% of 37956 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100▲+11
Growth78=
Track record94
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 4.38 against 2.48 in 2023; short-term debt: 19% and cash: 30.7% of total assets), and 19% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
47 d early
2022
27 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€59k▲ 57.5%
2023 · €37k
2022: €15k
2023: €37k
2022 → 2024
Total assets
€73k▲ 24.4%
2023 · €58k
2022: €22k
2023: €58k
2022 → 2024
Net result
€22k▼ 2.9%
2023 · €22k
2022: €12k
2023: €22k
2022 → 2024
Working capital
€47k▲ 50.1%
2023 · €31k
2022: €9k
2023: €31k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€15k-€37k▲ 145%€59k▲ 57.5%
Operating result€17k-€29k▲ 72.2%€28k▼ 3.0%
Net result€12k-€22k▲ 80.8%€22k▼ 2.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 3% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €73k
Fixed assets
€12k ▲ 94.3%
Current assets
€61k ▲ 16.0%
Equity and liabilities €73k
Equity
€59k ▲ 57.5%
Debt
€14k ▼ 34.3%
Debt's share of the balance-sheet total falls from 36.0% to 19.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€31k▼
2023 · €31k
Cash flow
€24k=
2023 · €24k
Current ratio
4.38▲
2023 · 2.48
Debt to equity
0.24▼
2023 · 0.56
ROE
36.5%▼
2023 · 59.2%
ROA
29.6%▼
2023 · 37.9%
Interest coverage
136.75▲
2023 · 76.80
Debt ≤ 1 year
€14k▼
2023 · €21k
Income taxes
€7k▲
2023 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet
Code20232024
Assets
Total assets20/58€58k€73k▲
Fixed assets21/28€6k€12k▲
Intangible fixed assets21€475€178▼
Tangible fixed assets22/27€6k€12k▲
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€2k€9k▲
Current assets29/58€52k€61k▲
Amounts receivable within one year40/41€7k€38k▲
Trade receivables40€7k€37k▲
Other amounts receivable41-€1k
Cash at bank and in hand54/58€45k€22k▼
Deferred charges and accrued income490/1€71€215▲
Equity and liabilities
Total equity and liabilities10/49€58k€73k▲
Equity10/15€37k€59k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€34k€56k▲
Amounts payable17/49€21k€14k▼
Amounts payable within one year42/48€21k€14k▼
Trade debts44€4k€163▼
Suppliers440/4€4k€163▼
Taxes, remuneration and social security45€16k€14k▼
Taxes450/3€16k€14k▼
Other amounts payable47/48€1k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€98€348▲
Gross operating margin9900€31k€31k▲
Operating profit (loss)9901€29k€28k▼
Financial income75/76B€1€80▲
Recurring financial income75€1€80▲
Financial charges65/66B€406€227▼
Recurring financial charges65€406€227▼
Profit (loss) for the period before taxes9903€29k€28k▼
Income taxes67/77€7k€7k▲
Profit (loss) for the period9904€22k€22k▼
Profit (loss) for the period to be appropriated9905€22k€22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€34k€56k▲
Profit (loss) brought forward from the previous period14P€12k€34k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2022net €22k ▲80.8%
Operating result €29k, net result €22k, both a record.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro 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, Brussel · 2 establishment units since 2021
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.
Akenkaai 441000 BrusselGround area
5,693 m²
Building footprint
1,469 m²
Volume, LiDAR
26,636 m³
2 parcels, Brussels, Wallonia · tallest building 30.1 m, ±7 floors. Linked by address, not a title deed.
2 establishment units
ALPHA 11
since 20212.318.025.133
Alpha 11
since 20252.376.877.508
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21814P0248/00K004 | Brussels | 5,368 m² | 1 · 1,120 m² | 30.1 m · 7 fl. |
| 57462A0281/00S051 | Wallonia | 324 m² | 1 · 348 m² | 15.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 38,919 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-06-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.