Financials
- Financial year
- 2024
- Total assets
- €17,028
- Profit
- €5,090
- Solvency
- -122.8%
Total assets▲ 313%
Net result
20182024
ALPHA H.G.H.
ActiveSummary
The computed 12-month bankruptcy probability of ALPHA H.G.H. is 2.8% (moderate). The 2024 annual accounts show negative equity (-€20,909) and a net result of €5,090. Equity is shrinking by about 10% per year across the filed financial years. Its solvency ranks better than 8% of 25,567 sector peers (NACE 47, financial year 2024). The company has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Retail sale of newspapers and periodicals
NACE 47621
1 site
Size
€17,028total assets 2024
- Equity
- -€20,909
- Profit
- €5,090
Turnover not published (micro format)
Structure
- AOURAGHE SELLAMManager
2025 accounts not filed, 87 days past the deadline1 of 6 deeds summarised
Why 51raises riskFigures for financial year 2024 (filed 31-07-2025)Sector: Retail trade (NACE 47)Liquidity: current ratio 0.41, cash €1, halvedlowers riskSize: total assets €17,028Show the evidence
Checked score
Score 2024
51
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 44% of its sector peers (NACE 47, micro)
Financial strength · tick = 2023
Weak
Solvency
0=
equity -122.8% of total assets
Liquidity
0-50
short-term debt 222.8% · cash 0.0%
Profitability
100+39
return on assets 29.9%
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.3%
12-2024: 1.3%● unchanged vs 11-2024
01-2025: 1.3%● unchanged vs 12-2024
02-2025: 1.3%● unchanged vs 01-2025
03-2025: 1.3%● unchanged vs 02-2025
04-2025: 1.3%● unchanged vs 03-2025
05-2025: 1.6%▲ +0.3 percentage points vs 04-2025
06-2025: 1.6%● unchanged vs 05-2025
07-2025: 1.8%▲ +0.2 percentage points vs 06-2025
08-2025: 1.0%▼ -0.8 percentage points vs 07-2025
09-2025: 1.0%● unchanged vs 08-2025
10-2025: 1.0%● unchanged vs 09-2025
11-2025: 1.0%● unchanged vs 10-2025
12-2025: 1.0%● unchanged vs 11-2025
01-2026: 1.0%● unchanged vs 12-2025
02-2026: 1.0%● unchanged vs 01-2026
03-2026: 1.0%● unchanged vs 02-2026
04-2026: 1.0%● unchanged vs 03-2026
05-2026: 1.0%● unchanged vs 04-2026
06-2026: 1.0%● unchanged vs 05-2026lowest value
07-2026: 1.1%▲ +0.1 percentage points vs 06-2026
08-2026: 2.0%▲ +0.9 percentage points vs 07-2026
09-2026: 2.2%▲ +0.2 percentage points vs 08-2026
10-2026: 2.8%▲ +0.6 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.41, below 1; short-term debt: 222.8% and cash: 0% 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 47, micro): better than 6% on solvency, 1% on liquidity, 96% on profitability and 72% on growth.
The bankruptcy probability was computed on 25-10-2026 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 25567 sector peers (2024).
NBB · sector comparisonPosition among 25567 sector peers
Solvency
better than 8%
← weakest
strongest →
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, 87 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline26-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
on the day
2023
15 days early
2022
3 days early
2021
31 days late
2020
31 days late
2019
53 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 16 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Highest result from 2018 to 2024net €5,090 ▲1,234%
- Annual accounts filedfinancial year 2023 · micro…
Key points
By topic
Board & ownership
- Board
- 1 member
- AOURAGHE SELLAMManager
Timeline
- Events
- 32
- Since
- 1994
- 31-12-2023Back to profit
- 31-07-2023Resignation: SALDARAN ABBAS (manager)
- 28-07-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Retail sale of newspapers and periodicalsNACE 47621
- Founded
- 11-02-1993
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about ALPHA H.G.H.
- What is the company number of ALPHA H.G.H.?
- 0449.371.504. In Belgium the VAT number is the company number with BE in front: BE 0449.371.504.
- Where is ALPHA H.G.H. based?
- The registered office is at Laekenveldstraat 74, 1080 Sint-Jans-Molenbeek.Company details
- What does ALPHA H.G.H. do?
- According to the KBO register, the main activity is retail sale of newspapers and periodicals (NACE 47621).
- What is the legal form of ALPHA H.G.H.?
- Private limited company (pre-2019) (BVBA).
- When was ALPHA H.G.H. founded?
- On 11-02-1993.
- Is ALPHA H.G.H. still active?
- Yes, ALPHA H.G.H. is an active enterprise in the KBO register.
- What is the turnover of ALPHA H.G.H.?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is ALPHA H.G.H. profitable?
- In financial year 2024, ALPHA H.G.H. made a profit of €5,090.
- Where can I find the annual accounts of ALPHA H.G.H.?
- ALPHA H.G.H. filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Companies related to ALPHA H.G.H.
Comparable companies
- ADIKAMSint-Jans-Molenbeek
- ASALAMSint-Jans-Molenbeek
- AZSint-Jans-Molenbeek
- BOEKHANDEL JUSTUS LIPSIUS - LIBRAIRIE JUSTUS LIPSIUS - BOOKSTORE JUSTUS LIPSIUSSint-Jans-Molenbeek
- CVZSint-Jans-Molenbeek
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.