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ALPHA DRAIN SOLUTIONS
ActiveFrom the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of ALPHA DRAIN SOLUTIONS is 5.9% (elevated). The 2024 annual accounts show negative equity (-€45,463) and a net result of -€91,988. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 7,410 sector peers (NACE 43, financial year 2024). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 23-02-2021 Normal situation
- Legal form
- Private limited company
- Registered office
- Kasseitje 36A, 9080 Lochristi
- Activity
- Plumbing work NACE 43221and 6 others
- Establishment unit
- 2.342.120.032 9080 Lochristi, since 13-02-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 03-04-2024
Who decides
Board
- BMB CONSULTDirector · permanent representative WAUMANS Mitras Alexander
- CORESTONEDirector · permanent representative VINK Dominique
- EVO-lutionDirector · permanent representative VAN OOS-TERWYCK Emiel Jan Baptist
How it is doing
- Bankruptcy probabilitywithin 12 months
- 5.9%
Annual accounts 2024
- Gross margin
- €18,841
- ▼ 71.6%
- Turnover
- ≈ €190,000
- estimated
- Loss
- €91,988
- ▲ 143%
- Equity
- -€45,463
- Total assets
- €354,586
- ▼ 7.8%
- Staff
- 1.4 FTE
- ▲ 75.0%
2025 accounts not filed, 93 days past the deadline
Filed on 02-08-2025PDF
Why 33raises riskFigures for financial year 2024 (filed 08-08-2025)Loss of €91,988, the second in a row (financial year 2024)1 financial year not filed after the legal deadline; last filed accounts filed 2 days lateNegative equity -€45,463Show the evidence
Checked score
Score 2024
33
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 4% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Weak
Solvency
12-25
equity -12.8% of total assets
Liquidity
6-13
short-term debt 94.1% · cash 4.4%
Profitability
0-6
return on assets -25.9%
Bankruptcy probability, 12 months
5.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.7%
12-2024: 2.7%● unchanged vs 11-2024
01-2025: 2.7%● unchanged vs 12-2024
02-2025: 2.5%▼ -0.2 percentage points vs 01-2025lowest value
03-2025: 2.5%● unchanged vs 02-2025lowest value
04-2025: 3.2%▲ +0.7 percentage points vs 03-2025
05-2025: 3.6%▲ +0.4 percentage points vs 04-2025
06-2025: 3.7%▲ +0.1 percentage points vs 05-2025
07-2025: 3.9%▲ +0.2 percentage points vs 06-2025
08-2025: 4.8%▲ +0.9 percentage points vs 07-2025
09-2025: 4.5%▼ -0.3 percentage points vs 08-2025
10-2025: 3.0%▼ -1.5 percentage points vs 09-2025
11-2025: 3.0%● unchanged vs 10-2025
12-2025: 3.0%● unchanged vs 11-2025
01-2026: 3.0%● unchanged vs 12-2025
02-2026: 2.9%▼ -0.1 percentage points vs 01-2026
03-2026: 2.9%● unchanged vs 02-2026
04-2026: 3.0%▲ +0.1 percentage points vs 03-2026
05-2026: 3.1%▲ +0.1 percentage points vs 04-2026
06-2026: 3.2%▲ +0.1 percentage points vs 05-2026
07-2026: 3.2%● unchanged vs 06-2026
08-2026: 4.0%▲ +0.8 percentage points vs 07-2026
09-2026: 4.2%▲ +0.2 percentage points vs 08-2026
10-2026: 5.9%▲ +1.7 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.85, compared with 1.14 in 2023, below 1; short-term debt: 94.1% and cash: 4.4% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 6% on solvency, 4% on liquidity, 4% on profitability and 2% on growth.
The bankruptcy probability was computed on 31-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Seven signals.
raises riskneutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year -€45,463
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 4 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-08-2025, 2 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
not filed
2024
2 days late
2023
156 days early
2022
117 days early
2021
62 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 83 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
Key points
- Risk: Negative equityfinancial year 2024: debts exceed assets -€45,463 View
- Caution: Result fell in 2024from -€37,924 to -€91,988 ▼ 143% View
- Caution: Among the weakest 5% on solvencysector median 43.4% · 7,410 companies -12.8% View
- Board changedlatest change 04-03-2026 · 3 in office 3 joined · 2 left View
- Caution: 2 loss-making years in a rowloss financial year 2024 -€91,988 View
Documents
Annual accounts at the NBB
- Annual accounts 2024filed on 02-08-2025
- Annual accounts 2023filed on 26-02-2024
- Annual accounts 2022filed on 05-04-2023
- Annual accounts 2021filed on 30-05-2022
Acts in the Belgian Official Gazette
- Capital & shares · Miscellaneousact of 04-06-2026
- Capital & shares · Amendment of the articles · Resignations & appointmentsact of 04-03-2026
- Registered office · Resignations & appointmentsact of 19-09-2023
- Registered officeact of 19-05-2022
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
- Check the withholding obligationwith enterprise number 0763.946.759
Key facts about ALPHA DRAIN SOLUTIONS
- What is the company number of ALPHA DRAIN SOLUTIONS?
- 0763.946.759. In Belgium the VAT number is the company number with BE in front: BE 0763.946.759.
- Where is ALPHA DRAIN SOLUTIONS based?
- The registered office is at Kasseitje 36A, 9080 Lochristi.Company details
- What does ALPHA DRAIN SOLUTIONS do?
- According to the KBO register, the main activity is plumbing work (NACE 43221).
- What is the legal form of ALPHA DRAIN SOLUTIONS?
- Private limited company (BV).
- When was ALPHA DRAIN SOLUTIONS founded?
- On 23-02-2021.
- Is ALPHA DRAIN SOLUTIONS still active?
- Yes, ALPHA DRAIN SOLUTIONS is an active enterprise in the KBO register.
- How many employees does ALPHA DRAIN SOLUTIONS have?
- On average 1.4 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of ALPHA DRAIN SOLUTIONS?
- ≈ €190,000 in financial year 2024. Estimated from the gross margin of €18,841: probably between €120,000 and €330,000, based on 43 comparable companies, NACE 43221. A rough estimate.
- Is ALPHA DRAIN SOLUTIONS profitable?
- In financial year 2024, ALPHA DRAIN SOLUTIONS made a loss of €91,988.
- Where can I find the annual accounts of ALPHA DRAIN SOLUTIONS?
- ALPHA DRAIN SOLUTIONS filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)
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