Equity
€332,198 from €603,383 in 2023
Equity fell by 45% in 3 years.
ALPHA-B
Lifetime
17 annual accounts with figures on one time axispeak €330,917 (2013)
€146,702▼ 8.4%
lowest -€213,816 (2016)
-€97,135▲ €2,993
peak €603,383 (2023)
€332,198▼ 24.3%
€514,618▼ 11.8%
peak 8.6 FTE (2013)
-not published
Board1 name since 2020
-
Documentsfilings and deeds
09-10-202622 days before the deadline
2026micro format
Loss of €97,135Equity from €438,891 to €332,198Cash from €3,475 to €1,475
Key points
from the 2026 annual accountsLosses
-€243,084 in three years
Every financial year from 2024 to 2026 closed with a loss. 2025 was the heaviest.
Position in the sector
-€97,135
Lower net result than 95% of companies in specialised construction. Sector median €11,485 · 1,074 companies.
Checked score
66
Healthy
Financially stronger than 26% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%lowest value
01-2025: 0.4%● unchanged vs 12-2024lowest value
02-2025: 0.4%● unchanged vs 01-2025lowest value
03-2025: 0.4%● unchanged vs 02-2025lowest value
04-2025: 0.4%● unchanged vs 03-2025lowest value
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.5%▲ +0.1 percentage points vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.6%▲ +0.1 percentage points vs 09-2025
11-2025: 0.8%▲ +0.2 percentage points vs 10-2025
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.8%● unchanged vs 12-2025
02-2026: 0.8%● unchanged vs 01-2026
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 0.8%● unchanged vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.9%▲ +0.1 percentage points vs 06-2026
08-2026: 0.8%▼ -0.1 percentage points vs 07-2026
09-2026: 0.9%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.9%● unchanged vs 09-2026
11-2026: 0.9%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Loss of €97,135, the second in a row (financial year 2026)
Liquidity: current ratio 0.05, cash €1,475, halved
Sector: Specialised construction activities (NACE 43)
lowers risk
Size: total assets €846,816
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 43, micro). It does better than 42% of them on solvency, 22% on liquidity, 26% on profitability and 16% 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 31-03-2026.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 376 companies had the same profile as ALPHA-B has now. Each dot is one company, two years later.
91.8%
were still trading
7.2%
stopped another way
0.8%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ALPHA-B itself: 0.9% 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.
| 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 376 companies, not a prediction for ALPHA-B. 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 €21,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.05 (0.1 in 2025), below 1. Short-term debt is 36.8% and cash 0.2% of total assets. 60.8% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2026Net result per financial year
1920212223242526
2019 to 2026 · latest year -€97,135
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 09-10-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
22 days early
2025
11 days early
2024
17 days early
2023
33 days early
2022
35 days early
2021
25 days early
2020
3 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 21 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 9 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-03-2027 year end31-10-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0810676114
Capital contribution of €630,000
Appointment: Jean-Luc PERCY (director) · “6.la constitution et la gestion d'un patrimoine immobilier;toutes les opérations relatives aux biens…” (deed in French) · General meeting of 30-04-2020 · Gazette deed
First establishment
Rue des Blés d'Or 4, Perwez
Incorporation
published on 03-04-2009 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ALPHA-B Perwez | €846,816 | €146,702 | 39.2% | - |
| Entreprises ROBERT Dominique Grez-Doiceau | €742,752 | €144,082 | 10.4% | - |
| STECO PROJECTS Maaseik | €833,960 | €136,532 | 76.7% | 0.6 |
| VRANCKEN E&W Lanaken | €954,657 | €139,789 | 87.7% | - |
| DACOMET Mol | €753,490 | €131,910 | 35.0% | - |
| VANDERMEERSCH Bjorn Zonnebeke | €861,658 | €168,484 | 95.1% | - |
| VMD Interieur Harelbeke | €766,066 | €164,099 | 32.3% | 1 |
These companies have the same main activity as ALPHA-B: joinery installation (NACE 43320). They are comparable in size and age: total assets between €743,000 and €955,000, founded between 2007 and 2010.
Official details
Source: KBO- Status
- Active since 20-03-2009Normal situation
- Activity
- Joinery installationNACE 43320
- Establishment unit
- 2.178.834.5861360 Perwez, since 01-04-2009
- Financial year end
- 31 March
- Peppol
- Reachable since 31-03-2026
Annual accounts to 31-03-2026
- ≈ €550,000estimated
- €846,816▼ 17.2%
- Filing
- Filed on 09-10-2026, 22 days before the end of the filing period
Insights on ALPHA-B
ALPHA-B files the micro format. That format states no turnover. The gross margin rose from €113,541 in 2010 to €146,702 in 2026.
The balance sheet grew most from 2011 to 2013 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ALPHA-B
- What is the company number of ALPHA-B?
- The company number of ALPHA-B is 0810.676.114. The VAT number is the same number with BE in front: BE 0810.676.114.
- Where is ALPHA-B based?
- The registered office is at Rue des Blés d'Or 4, 1360 Perwez.Company details
- What does ALPHA-B do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of ALPHA-B?
- ALPHA-B is a private limited company (BV).
- When was ALPHA-B founded?
- ALPHA-B was founded on 20-03-2009.
- Is ALPHA-B still active?
- Yes, ALPHA-B is an active enterprise in the KBO register.
- How many employees does ALPHA-B have?
- ALPHA-B had an average of 2 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- What is the turnover of ALPHA-B?
- The turnover in financial year 2026 is ≈ €550,000. This figure is estimated from the gross margin of €146,702 and 36 comparable companies (NACE 43320). It probably lies between €390,000 and €750,000.
- Is ALPHA-B profitable?
- In financial year 2026, ALPHA-B made a loss of €97,135.
- Where can I find the annual accounts of ALPHA-B?
- ALPHA-B filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of ALPHA-B due?
- ALPHA-B must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
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