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ALPHA BEURRE

Active
Private limited companyfounded 198540 yrs activeAntoine Gautierstraat 5, 1040 Etterbeek, BelgiumKBO/BCE: BE 0427.971.027
Summary

ALPHA BEURRE has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16,196 and a net result of €12,108. Equity is growing by ~36.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency70▲+25
Growth71=
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 1.55 against 1.28 in 2024; short-term debt: 54.6% and cash: 84.5% of total assets), but 54.6% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 40 years 0 50 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
45.4%
Return on assets
33.9%
Age of the figures
9 mo
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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
59 d early
2024
60 d early
2023
57 d early
2022
56 d early
2021
34 d early
2020
22 d early
2019
65 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 50 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 5 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ALPHA BEURRE was incorporated on 23 October 1985.1 Total assets rose from EUR 23,227 in 2018 to EUR 35,675 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
€26,484▲ 7.2%
2018 · €24,702
EBIT margin
34.9%▲ 1.8pp
2018 · 33.1%
Net result
€12,108▲ 30.0%
2024 · €9,315
Working capital
€10,675▲ 206%
2024 · €3,486
Trend over the years
In euros
In per cent
In euros
No line ticked in this group.
In per cent
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover
Operating result€5,329▼ 14.7%€10,545▲ 97.9%€6,881▼ 34.7%€9,387▲ 36.4%€12,215▲ 30.1%
Net result€3,726▲ 24.5%€10,479▲ 181%€6,809▼ 35.0%€9,315▲ 36.8%€12,108▲ 30.0%
EBIT margin
Equity-€22,515▲ 14.2%-€12,036▲ 46.5%-€5,227▲ 56.6%€4,088€16,196▲ 296%
Total assets€20,054▲ 47.6%€25,641▲ 27.9%€20,451▼ 20.2%€20,890▲ 2.1%€35,675▲ 70.8%
Debt€42,569▲ 6.9%€37,677▼ 11.5%€25,678▼ 31.8%€16,802▼ 34.6%€19,479▲ 15.9%
Working capital-€24,004▲ 20.1%-€10,900▲ 54.6%-€6,328▲ 41.9%€3,486€10,675▲ 206%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5,000€10,000Operating result 2021: €5,329€5,329Net result 2021: €3,726€3,726Operating result 2022: €10,545€10,545Net result 2022: €10,479€10,479Operating result 2023: €6,881€6,881Net result 2023: €6,809€6,809Operating result 2024: €9,387€9,387Net result 2024: €9,315€9,315Operating result 2025: €12,215€12,215Net result 2025: €12,108€12,10820212022202320242025€0€5,000€10,000Operating result 2023: €6,881€6,880Net result 2023: €6,809€6,810Operating result 2024: €9,387€9,390Net result 2024: €9,315€9,320Operating result 2025: €12,215€12,200Net result 2025: €12,108€12,100202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 30% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €35,675
Fixed assets €5,521 ▲ 11.4%
Current assets €30,154 ▲ 89.3%
Equity and liabilities €35,675
Equity €16,196 ▲ 296%
Debt €19,479 ▲ 15.9%
Debt's share of the balance-sheet total falls from 80.4% to 54.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€12,777▲
2024 · €9,887
Cash flow
€12,670▲
2024 · €9,815
Current ratio
1.55▲
2024 · 1.28
Debt to equity
1.20▼
2024 · 4.11
ROE
74.8%▼
2024 · 227.9%
ROA
33.9%▼
2024 · 44.6%
Interest coverage
119.41▼
2024 · 137.32
Debt ≤ 1 year
€19,479▲
2024 · €12,446
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 31,371 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 29 lines
Balance sheet Code20242025
Assets
Total assets20/58€20,890€35,675▲
Fixed assets21/28€4,958€5,521▲
Tangible fixed assets22/27€4,958€5,521▲
Land and buildings22€4,958€4,958=
Furniture and vehicles24-€563
Current assets29/58€15,932€30,154▲
Cash at bank and in hand54/58€15,932€30,154▲
Equity and liabilities
Total equity and liabilities10/49€20,890€35,675▲
Equity10/15€4,088€16,196▲
Reserves13€20,460€20,460=
Non-distributable reserves130/1€20,460€20,460=
Reserves not available under the articles1311€20,460€20,460=
Profit (loss) carried forward14-€16,372-€4,264▲
Amounts payable17/49€16,802€19,479▲
Amounts payable within one year42/48€12,446€19,479▲
Other amounts payable47/48€12,446€19,479▲
Accrued charges and deferred income492/3€4,356€0▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€500€562▲
Other operating charges640/8€4,641€7,822▲
Gross operating margin9900€14,528€20,599▲
Operating profit (loss)9901€9,387€12,215▲
Financial charges65/66B€72€107▲
Recurring financial charges65€72€107▲
Profit (loss) for the period before taxes9903€9,315€12,108▲
Profit (loss) for the period9904€9,315€12,108▲
Profit (loss) for the period to be appropriated9905€9,315€12,108▲
Appropriation of the result
Profit (loss) to be appropriated9906-€16,372-€4,264▲
Profit (loss) brought forward from the previous period14P-€25,687-€16,372▲
Transfer from equity791/2-€0

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€569€569€500€500€562▲ 12.4%
Other operating charges640/8€3,538€2,447€6,228€4,641€7,822▲ 68.5%
Gross operating margin9900€9,436€13,561€13,609€14,528€20,599▲ 41.8%
Operating profit (loss)9901€5,329€10,545€6,881€9,387€12,215▲ 30.1%
Financial charges65/66B€60€66€72€72€107▲ 48.6%
Recurring financial charges65€60€66€72€72€107▲ 48.6%
Profit (loss) for the period before taxes9903€5,269€10,479€6,809€9,315€12,108▲ 30.0%
Income taxes67/77€1,544-----
Profit (loss) for the period9904€3,726€10,479€6,809€9,315€12,108▲ 30.0%
Profit (loss) for the period to be appropriated9905€3,726€10,479€6,809€9,315€12,108▲ 30.0%
Line20212022202320242025Change
Assets
Total assets20/58€20,054€25,641€20,451€20,890€35,675▲ 70.8%
Fixed assets21/28€5,527€4,958€5,457€4,958€5,521▲ 11.4%
Tangible fixed assets22/27€5,527€4,958€5,457€4,958€5,521▲ 11.4%
Land and buildings22€4,958€4,958€4,958€4,958€4,958=
Furniture and vehicles24€569€0€499-€563-
Current assets29/58€14,527€20,683€14,994€15,932€30,154▲ 89.3%
Cash at bank and in hand54/58€14,527€20,683€14,994€15,932€30,154▲ 89.3%
Equity and liabilities
Total equity and liabilities10/49€20,054€25,641€20,451€20,890€35,675▲ 70.8%
Equity10/15-€22,515-€12,036-€5,227€4,088€16,196▲ 296%
Contributions10/11€18,600€18,600----
Reserves13€1,860€1,860€20,460€20,460€20,460=
Non-distributable reserves130/1€1,860€1,860€20,460€20,460€20,460=
Reserves not available under the articles1311€1,860€1,860€20,460€20,460€20,460=
Profit (loss) carried forward14-€42,975-€32,496-€25,687-€16,372-€4,264▲ 74.0%
Amounts payable17/49€42,569€37,677€25,678€16,802€19,479▲ 15.9%
Amounts payable within one year42/48€38,531€31,583€21,322€12,446€19,479▲ 56.5%
Other amounts payable47/48€38,531€31,583€21,322€12,446€19,479▲ 56.5%
Accrued charges and deferred income492/3€4,038€6,094€4,356€4,356€0▼ 100%
Line20212022202320242025Change
Profit (loss) for the period9904€3,726€10,479€6,809€9,315€12,108▲ 30.0%
+ Depreciation and write-downs630€569€569€500€500€562▲ 12.4%
Operating cash flow (approximation)€4,295€11,048€7,309€9,815€12,670▲ 29.1%
Investment in fixed assets (approximation)-€0-€999-€1-€1,125▼ 112,400%
Change in cash-€6,156-€5,689€938€14,222▲ 1,416%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
02-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2018net €12,108 ▲30%
Operating result €12,215, net result €12,108, both a record.
01-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
04-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
05-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
09-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
27-05
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
29-05
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
30-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
05-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Etterbeek · 1 establishment unit since 1985
seat establishment The establishment unit on the map
Ground area
342 m²
Building footprint
345 m²
Volume, LiDAR
3,333 m³
Parcel 21364B0006/00H009, Brussels · tallest building 14.5 m, ±4 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Antoine Gautierstraat 5, 1040 Etterbeek
Real estate activities
since 19852.028.179.136
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21364B0006/00H009 Brussels 342 m² 1 · 345 m² 14.5 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Company details

Identification
Legal formPrivate limited company
Founded23-10-1985
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.