ALPHA CONSTRUCTION
ActiveSummary
The computed 12-month bankruptcy probability of ALPHA CONSTRUCTION is 2.2% (moderate). The 2025 annual accounts show equity of €12k and a net result of €1k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 43% of 27965 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability48▲+48
Solvency66▲+23
Growth52▲+20
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.69 against 1.22 in 2024; short-term debt: 59.1% and cash: 24.9% of total assets), but 59.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €12k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-09-2026, 32 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
32 d late
2024
111 d late
2023
33 d early
2022
70 d late
2021
6 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€143k
EBIT margin
6.6%
Net result
€1k
2024 · €-3k
Working capital
€12k▲ 240%
2024 · €3k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€143k-
Operating result€9k-€-12k€12k€-3k€2k
Net result€9k-€-12k€9k€-3k€1k
EBIT margin6.6%-
Equity€10k-€-2k€7k€3k▼ 47.5%€12k▲ 240%
Total assets€15k-€11k▼ 24.7%€13k▲ 19.8%€19k▲ 45.4%€29k▲ 49.9%
Debt€4k-€13k▲ 210%€7k▼ 49.2%€16k▲ 138%€17k▲ 8.1%
Working capital€10k-€-2k€7k€3k▼ 47.5%€12k▲ 240%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €2k after a loss of €3k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €29k
Equity
€12k ▲ 240%
Debt
€17k ▲ 8.1%
Debt's share of the balance-sheet total falls from 82.0% to 59.1%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.69▲
2024 · 1.22
Debt to equity
1.45▼
2024 · 4.55
ROE
9.9%▲
2024 · -90.5%
ROA
4.0%▲
2024 · -16.3%
Debt ≤ 1 year
€17k▲
2024 · €16k
Income taxes
€476
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €143k | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €134k | - | - | - | - | - |
| Other operating charges640/8 | - | €671 | €571 | €848 | €781 | ▼ 8.0% |
| Gross operating margin9900 | €9k | €-11k | €13k | €-2k | €3k | ▲ 239% |
| Operating profit (loss)9901 | €9k | €-12k | €12k | €-3k | €2k | ▲ 174% |
| Financial income75/76B | - | €0 | €2 | - | - | - |
| Recurring financial income75 | - | €0 | €2 | - | - | - |
| Financial charges65/66B | €41 | €441 | €921 | €123 | €586 | ▲ 375% |
| Recurring financial charges65 | €41 | €441 | €921 | €123 | €586 | ▲ 375% |
| Profit (loss) for the period before taxes9903 | €9k | €-12k | €12k | €-3k | €2k | ▲ 152% |
| Income taxes67/77 | - | - | €3k | - | €476 | - |
| Profit (loss) for the period9904 | €9k | €-12k | €9k | €-3k | €1k | ▲ 137% |
| Profit (loss) for the period to be appropriated9905 | €9k | €-12k | €9k | €-3k | €1k | ▲ 137% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €15k | €11k | €13k | €19k | €29k | ▲ 49.9% |
| Fixed assets21/28 | €140 | - | - | - | - | - |
| Tangible fixed assets22/27 | €140 | - | - | - | - | - |
| Plant, machinery and equipment23 | €140 | - | - | - | - | - |
| Current assets29/58 | €14k | €11k | €13k | €19k | €29k | ▲ 49.9% |
| Amounts receivable within one year40/41 | €518 | €10k | €6k | €2k | €19k | ▲ 740% |
| Trade receivables40 | - | €8k | €5k | €376 | €18k | ▲ 4,652% |
| Other amounts receivable41 | €518 | €2k | €1k | €2k | €995 | ▼ 46.8% |
| Cash at bank and in hand54/58 | €7k | €1k | €7k | €12k | €7k | ▼ 39.0% |
| Deferred charges and accrued income490/1 | €7k | - | - | €5k | €3k | ▼ 47.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €15k | €11k | €13k | €19k | €29k | ▲ 49.9% |
| Equity10/15 | €10k | €-2k | €7k | €3k | €12k | ▲ 240% |
| Contributions10/11 | €1k | €1k | €1k | €1k | €1k | = |
| Profit (loss) carried forward14 | €9k | €-3k | €6k | €2k | €11k | ▲ 338% |
| Amounts payable17/49 | €4k | €13k | €7k | €16k | €17k | ▲ 8.1% |
| Amounts payable within one year42/48 | €4k | €13k | €7k | €16k | €17k | ▲ 8.1% |
| Trade debts44 | - | €4k | €1k | €4k | €12k | ▲ 165% |
| Suppliers440/4 | - | €4k | €1k | €4k | €12k | ▲ 165% |
| Taxes, remuneration and social security45 | - | €8k | €4k | €11k | €4k | ▼ 58.6% |
| Taxes450/3 | - | €805 | €1k | €1k | €3k | ▲ 149% |
| Remuneration and social security454/9 | - | €7k | €3k | €9k | €2k | ▼ 83.0% |
| Other amounts payable47/48 | €4k | €793 | €793 | €760 | €800 | ▲ 5.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9k | €-12k | €9k | €-3k | €1k | ▲ 137% |
| Operating cash flow (approximation) | €9k | €-12k | €9k | €-3k | €1k | ▲ 137% |
| Change in cash | - | €-6k | €6k | €4k | €-5k | ▼ 202% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 32 days late
2025
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
19-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 111 days late
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.00
Current ratio from 0.85 to 2.00; short-term debt falls from €13k to €7k.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
31-12
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Sint-Pieters-Leeuw · 1 establishment unit since 2021
Ground area
8,700 m²
Building footprint
1,562 m²
Volume, LiDAR
4,422 m³
2 parcels, Brussels, Flanders · tallest building 23.1 m, ±7 floors. Linked by address, not a title deed.
301
companies at this address
See who is registered here
1 establishment unit
ALPHA CONSTRUCTION
since 20212.313.759.608
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23582E0505/00E000 | Flanders | 8,312 m² | 1 · 1,330 m² | - |
| 21016B0419/00G004 | Brussels | 389 m² | 1 · 232 m² | 23.1 m · 7 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
AM2 PAUL
BE 1020.932.621
Hasselt · Eq €11,759
CMA Montage
BE 0474.095.121
Sint-Truiden · Eq €11,773
PRSTN
BE 1021.188.977
Wingene · Eq €11,779
Gyprocwerken Lievens
BE 0794.832.846
Balen · Eq €11,739
AR Interieur
BE 0752.759.986
Roeselare · Eq €11,786
Of 20,028 companies in sector 43320 we hold annual accounts for 9,133. 5,007 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
41001General construction of residential buildings
43230Insulation installation
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
81230Other cleaning activities
Scores and ratios are computed by Checked and are not a credit decision.