Skip to content

ALPHA ENGINEERING

Active
Private limited companyfounded 1998active for 28 yearsOude Bosuilbaan 15A, 2100 Antwerpen, BelgiumKBO/BCE: BE 0462.834.510

Financials · financial year 2026, micro format

Annual accounts 2026 filed on 01-10-2026 at the NBB all 27 filings

Equity
€50,057▼ 5.3%
2025 · €52,851
Total assets
€50,527▼ 5.0%
2025 · €53,212
Net result
-€2,794▼ 125%
2025 · -€1,240
Working capital
€50,057▼ 5.3%
2025 · €52,851
Trend over the years

2022 to 2026, 5 financial years 2020 to 2026, 7 financial years

The operating result for 2026 is a loss of €2,715, larger than the loss of €1,174 in 2025. It is the lowest result since 2022.

Operating result-€2,715 2026 Net result-€2,794 2026

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2020202120222023202420252026
Operating result-€1,429--€1,105▲ 22.7%-€1,938▼ 75.4%-€1,799▲ 7.2%-€2,062▼ 14.7%-€1,174▲ 43.1%-€2,715▼ 131%
Net result-€1,435--€1,132below the sector's middle half▲ 21.1%-€1,983below the sector's middle half▼ 75.1%-€1,860below the sector's middle half▲ 6.2%-€2,128below the sector's middle half▼ 14.4%-€1,240below the sector's middle half▲ 41.7%-€2,794▼ 125%
Equity€61,196-€60,063within the sector's middle half▼ 1.9%€58,080within the sector's middle half▼ 3.3%€56,220within the sector's middle half▼ 3.2%€54,091within the sector's middle half▼ 3.8%€52,851within the sector's middle half▼ 2.3%€50,057▼ 5.3%
Total assets€64,134-€62,620below the sector's middle half▼ 2.4%€58,441below the sector's middle half▼ 6.7%€56,581below the sector's middle half▼ 3.2%€54,452below the sector's middle half▼ 3.8%€53,212below the sector's middle half▼ 2.3%€50,527▼ 5.0%
Debt€2,938-€2,557▼ 13.0%€361▼ 85.9%€361=€361=€361=€471▲ 30.3%
Working capital€61,196-€60,063within the sector's middle half▼ 1.9%€58,080within the sector's middle half▼ 3.3%€56,220within the sector's middle half▼ 3.2%€54,091within the sector's middle half▼ 3.8%€52,851within the sector's middle half▼ 2.3%€50,057▼ 5.3%
Solvency95.4%-95.9%above the sector's middle half▲ 0.5pp99.4%above the sector's middle half▲ 3.5pp99.4%above the sector's middle half=99.3%above the sector's middle half=99.3%above the sector's middle half=99.1%▼ 0.3pp
Current ratio21.83-24.49above the sector's middle half▲ 2.66
Return on assets (ROA)-2.2%--1.8%below the sector's middle half▲ 0.4pp-3.4%below the sector's middle half▼ 1.6pp-3.3%below the sector's middle half▲ 0.1pp-3.9%below the sector's middle half▼ 0.6pp-2.3%below the sector's middle half▲ 1.6pp-5.5%▼ 3.2pp
above within below The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Equity and liabilities €50,527
Equity €50,057 ▼ 5.3%
Debt €471 ▲ 30.3%
Debt's share of the balance-sheet total rises from 0.7% to 0.9%. Equity is lower and debt is higher.
Key figures and ratios
2026 value · change against 2025
Debt to equity
0.01▲
2025 · 0.01
ROE
-5.6%▼
2025 · -2.3%
Debt ≤ 1 year
€471▲
2025 · €361
A ratio outside any meaningful range has been withheld (balance sheet total €50,527, equity €50,057).
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as ALPHA ENGINEERING: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €40,600 and €57,900, founded between 1997 and 2002.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
ALPHA ENGINEERING Antwerpen1998€50,527€50,057-€2,195-€2,7942026
RAMSES INTUITIVE PRODUCTIONS Antwerpen2002€48,484€26,157€861-€6,5922025
PROJECTBUREAU SIGNA ENGINEERING Kortenberg1997€50,766€36,489-€290-€3192025
Industrial Maintenance Consult Belgium Lanaken1999€48,707€38,714€616€82025
HOMEVIEW-PRO Landen2001€48,382-€109,574-€1,611-€11,9272025
EMEA TRADE Sint-Lambrechts-Woluwe2002€57,917-€35,116-€5,981-€6,0322025
ODS INTERNATIONAL Ottignies-Louvain-la-Neuve2000€40,595€38,767-€33,279-€37,1212025

They were chosen from the 6,768 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 12,322 companies had the same profile as ALPHA ENGINEERING has now. Two years later, 0.7% had gone bankrupt and 90.3% were still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.7% went bankrupt
8.6% stopped otherwise
90.3% was still going

Another 0.5% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of ALPHA ENGINEERING itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the 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% 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 12,322 companies, not a prediction for ALPHA ENGINEERING. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 28 lines

Source: Annual accounts 2026 at the NBB, filed on 01-10-2026.

Balance sheet Code20252026
Assets
Total assets20/58€53,212€50,527▼
Current assets29/58€53,212€50,527▼
Amounts receivable within one year40/41€6,048€6,453▲
Trade receivables40€53-
Other amounts receivable41€5,995€6,453▲
Cash at bank and in hand54/58€47,165€44,075▼
Equity and liabilities
Total equity and liabilities10/49€53,212€50,527▼
Equity10/15€52,851€50,057▼
Contributions10/11€6,200€6,200=
Reserves13€46,651€43,857▼
Non-distributable reserves130/1€1,859€1,859=
Reserves not available under the articles1311€1,859€1,859=
Distributable reserves133€44,792€41,998▼
Amounts payable17/49€361€471▲
Amounts payable within one year42/48€361€471▲
Taxes, remuneration and social security45-€42
Taxes450/3-€42
Other amounts payable47/48€361€429▲
Income statement Code20252026
Other operating charges640/8€505€520▲
Gross operating margin9900-€669-€2,195▼
Operating profit (loss)9901-€1,174-€2,715▼
Financial charges65/66B€66€79▲
Recurring financial charges65€66€79▲
Profit (loss) for the period before taxes9903-€1,240-€2,794▼
Profit (loss) for the period9904-€1,240-€2,794▼
Profit (loss) for the period to be appropriated9905-€1,240-€2,794▼
Appropriation of the result
Profit (loss) to be appropriated9906-€1,240-€2,794▼
Transfer from equity791/2€1,240€2,794▲

The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2020202120222023202420252026Change
Other operating charges640/8--€796€450€493€505€520▲ 2.8%
Gross operating margin9900-€984-€1,005-€1,142-€1,349-€1,569-€669-€2,195▼ 228%
Operating profit (loss)9901-€1,429-€1,105-€1,938-€1,799-€2,062-€1,174-€2,715▼ 131%
Financial income75/76B--€0-----
Recurring financial income75--€0-----
Financial charges65/66B--€45€62€66€66€79▲ 20.4%
Recurring financial charges65€6€27€45€62€66€66€79▲ 20.4%
Profit (loss) for the period before taxes9903-€1,435-€1,132-€1,983-€1,860-€2,128-€1,240-€2,794▼ 125%
Profit (loss) for the period9904-€1,435-€1,132-€1,983-€1,860-€2,128-€1,240-€2,794▼ 125%
Profit (loss) for the period to be appropriated9905-€1,435-€1,132-€1,983-€1,860-€2,128-€1,240-€2,794▼ 125%
Line2020202120222023202420252026Change
Assets
Total assets20/58€64,134€62,620€58,441€56,581€54,452€53,212€50,527▼ 5.0%
Current assets29/58€64,134€62,620€58,441€56,581€54,452€53,212€50,527▼ 5.0%
Amounts receivable within one year40/41€6,498€6,714€5,351€5,580€5,868€6,048€6,453▲ 6.7%
Trade receivables40-----€53--
Other amounts receivable41--€5,351€5,580€5,868€5,995€6,453▲ 7.6%
Cash at bank and in hand54/58€57,636€55,906€53,090€51,000€48,584€47,165€44,075▼ 6.6%
Equity and liabilities
Total equity and liabilities10/49€64,134€62,620€58,441€56,581€54,452€53,212€50,527▼ 5.0%
Equity10/15€61,196€60,063€58,080€56,220€54,091€52,851€50,057▼ 5.3%
Contributions10/11€6,200-€6,200€6,200€6,200€6,200€6,200=
Reserves13€54,996€53,863€51,880€50,020€47,891€46,651€43,857▼ 6.0%
Non-distributable reserves130/1--€1,859€1,859€1,859€1,859€1,859=
Reserves not available under the articles1311--€1,859€1,859€1,859€1,859€1,859=
Distributable reserves133--€50,021€48,160€46,032€44,792€41,998▼ 6.2%
Amounts payable17/49€2,938€2,557€361€361€361€361€471▲ 30.3%
Amounts payable within one year42/48€2,938€2,557€361€361€361€361€471▲ 30.3%
Trade debts44€992€611------
Taxes, remuneration and social security45------€42-
Taxes450/3------€42-
Other amounts payable47/48--€361€361€361€361€429▲ 18.7%
Line2020202120222023202420252026Change
Profit (loss) for the period9904-€1,435-€1,132-€1,983-€1,860-€2,128-€1,240-€2,794▼ 125%
Operating cash flow (approximation)-€1,435-€1,132-€1,983-€1,860-€2,128-€1,240-€2,794▼ 125%
Change in cash--€1,729-€2,816-€2,090-€2,416-€1,420-€3,090▼ 118%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 27 filings with the National Bank
Financial year Type Filed Reference Document
31-03-2026 micro format 01-10-2026 2026-00539397 NBB
31-03-2025 micro format 02-10-2025 2025-00524448 PDF
31-03-2024 micro format 03-10-2024 2024-00496482 PDF
31-03-2023 micro format 19-10-2023 2023-00489822 PDF
31-03-2022 micro format 19-10-2022 2022-20466461 PDF
31-03-2021 micro format 05-10-2021 2021-71300223 PDF
31-03-2020 micro format 07-10-2020 2020-60200011 PDF
31-03-2018 micro format 29-10-2018 2018-71100597 PDF
31-03-2017 micro format 27-10-2017 2017-68200139 PDF
31-03-2016 abbreviated format 13-10-2016 2016-65600366 PDF

Show all 27 filings

Next steps