ALPHA - CHEM
Open bankruptcyA bankruptcy procedure is open for ALPHA - CHEM according to publications in the Belgian State Gazette; curator: OLIVIER MERCIER. The file additionally contains 1 judicial reorganisation. The 2018 annual accounts show negative equity (€-155k) and a net result of €-648k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2018 was due by 31-01-2019 and was filed on 26-12-2018, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2018
36 d early
2016
31 d late
2015
31 d late
2014
31 d late
2013
8 d late
2012
28 d late
2011
60 d early
← before the deadline
after the deadline →
Financials · fiscal year 2018, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-648k▼ 243%
2016 · €-189k
2014: €18k
2015: €7k
2016: €-189k
2014 → 2018
Working capital
€-240k
2016 · €172k
2014: €379k
2015: €301k
2016: €172k
2014 → 2018
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2014201520162018Trend
Equity€539k-€545k▲ 1.2%€356k▼ 34.6%€-155k
Operating result€49k-€34k▼ 30.6%€-176k€-617k▼ 251%
Net result€18k-€7k▼ 62.2%€-189k€-648k▼ 243%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €617k in 2018 against €176k in 2016; the loss grows and 2018 is the lowest year so far.
Balance-sheet composition
2018 in colour, 2016 as the grey bar beneath
Assets €712k
Fixed assets
€143k▼ 32.4%
Current assets
€570k▼ 23.5%
Key figures and ratios
EBITDA
€-536k▼
2016 · €-115k
Cash flow
€-567k▼
2016 · €-128k
Solvency
-21.4%▼
2016 · 36.3%
Current ratio
0.70▼
2016 · 1.30
Quick ratio
0.70▼
2016 · 1.30
ROE
418.0%▲
2016 · -52.9%
ROA
-89.3%▼
2016 · -19.2%
Debt
€810k▲
2016 · €589k
Debt ≤ 1 year
€810k▲
2016 · €573k
Income taxes
€325▼
2016 · €631
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2018 against 2016
Balance sheet
Code20162018
Assets
Total assets20/58€981k€725k▼
Formation expenses20€25k€13k▼
Fixed assets21/28€211k€143k▼
Intangible fixed assets21€7k€0▼
Tangible fixed assets22/27€199k€137k▼
Financial fixed assets28€5k€6k▲
Current assets29/58€745k€570k▼
Amounts receivable within one year40/41€295k€561k▲
Cash at bank and in hand54/58€12k€9k▼
Equity and liabilities
Total equity and liabilities10/49€981k€725k▼
Equity10/15€356k€-155k▼
Contributions10/11€100k€100k=
Reserves13€419k€419k=
Profit (loss) carried forward14€-164k€-675k▼
Provisions and deferred taxes16€35k€70k▲
Amounts payable17/49€589k€810k▲
Amounts payable after more than one year17€16k-
Amounts payable within one year42/48€573k€810k▲
Trade debts44€246k€92k▼
Income statement
Code20162018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61k€81k▲
Gross operating margin9900€-9k€-460k▼
Operating profit (loss)9901€-176k€-617k▼
Recurring financial income75€240€2k▲
Recurring financial charges65€12k€32k▲
Profit (loss) for the period before taxes9903€-188k€-647k▼
Income taxes67/77€631€325▼
Profit (loss) for the period9904€-189k€-648k▼
Profit (loss) for the period to be appropriated9905€-189k€-648k▼
Timeline · acts, filings and financial milestones
2019
14-01
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Tournai · ALPHA - CHEM SA CHEMIN PREUSCAMP(M.E) 12, 7822 MESLIN-L’EVEQUE · event 08-01-2019
2018
26-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
09-10
Judicial reorganisation
Transfer under judicial authority
Tribunal de commerce du Hainaut · transfert_judiciaire
30-06
Financial
Weakest financial yearnet €-648k
Net result drops to €-648k, the lowest in the series.
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
2014
08-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 8 days late
2013
28-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 28 days late
2012
01-06
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
04-11
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema · 96 days late
2010
27-08
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema · 27 days late
2009
16-09
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema · 47 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Ath · 1 establishment unit since 1995
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.
Chemin Preuscamp(M.E) 127822 AthGround area
1.8 ha
Building footprint
2,028 m²
Volume, LiDAR
10,016 m³
Parcel 51042B0605/00F002, Wallonia · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ALPHA-CHEM
since 19952.073.502.781
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51042B0605/00F002 | Wallonia | 1.8 ha | 1 · 2,028 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | OLIVIER MERCIER RUE DES VILLAS 6,
7700 MOUSCRON- .
Date provisoire de cessation de paiement : 08/01/2019 |
08-01-2019 → present |
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Of 466 companies in sector 46442 we hold annual accounts for 329. 240 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded25-09-1995
Fiscal year end30-06
Activities, NACEBEL
24512
46442Wholesale trade
20412Manufacture of chemicals and chemical products
46492Wholesale trade
47620Retail trade
47621Retail sale of newspapers and periodicals
47783Retail trade
47784Retail trade
51442
51475
52470
52488
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.