ALPHA LINE
ActiveALPHA LINE has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-297k) and a net result of €-342k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 4530 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
37
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0▼-36
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Age of the figures
Age of the figures
15 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-297k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-12-2025, 40 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
40 d early
2024
39 d early
2023
9 d early
2022
21 d early
2021
17 d early
2020
2 d early
2019
10 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close20-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-342k▼ 443%
2024 · €-63k
2019: €198k
2020: €-11k
2021: €140k
2022: €-20k
2023: €-4k
2024: €-63k
2019 → 2025
Working capital
€-297k
2024 · €45k
2019: €601k
2020: €359k
2021: €131k
2022: €111k
2023: €108k
2024: €45k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€131k-€111k▼ 15.1%€108k▼ 3.2%€45k▼ 58.4%€-297k
Operating result€140k-€-20k€-3k▲ 83.1%€-63k▼ 1,763%€-404k▼ 545%
Net result€140k-€-20k€-4k▲ 82.0%€-63k▼ 1,663%€-342k▼ 443%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €404k in 2025 against €63k in 2024; the loss grows and 2025 has the lowest result in the available series.
Key figures and ratios
Debt
€297k▼
2024 · €369k
Debt ≤ 1 year
€297k▼
2024 · €369k
Ratios withheld: a balance sheet total of €98 is too small for a meaningful ratio.
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€414k€98▼
Current assets29/58€414k€98▼
Amounts receivable within one year40/41€413k€20▼
Trade receivables40€11k-
Other amounts receivable41€402k€20▼
Cash at bank and in hand54/58€379€78▼
Equity and liabilities
Total equity and liabilities10/49€414k€98▼
Equity10/15€45k€-297k▼
Reserves13€7.24M€7.24M=
Non-distributable reserves130/1€73k€73k=
Reserves not available under the articles1311€73k€73k=
Tax-exempt reserves132€3k€3k=
Distributable reserves133€7.16M€7.16M=
Profit (loss) carried forward14€-7.20M€-7.54M▼
Amounts payable17/49€369k€297k▼
Amounts payable within one year42/48€369k€297k▼
Trade debts44€15k€3k▼
Suppliers440/4€15k€3k▼
Taxes, remuneration and social security45€18k-
Taxes450/3€18k-
Other amounts payable47/48€335k€294k▼
Income statement
Code20242025
Other operating charges640/8€384€130▼
Non-recurring operating charges66A-€403k
Gross operating margin9900€-62k€-825▲
Operating profit (loss)9901€-63k€-404k▼
Financial income75/76B-€63k
Recurring financial income75-€63k
Financial charges65/66B€240€277▲
Recurring financial charges65€240€277▲
Profit (loss) for the period before taxes9903€-63k€-342k▼
Profit (loss) for the period9904€-63k€-342k▼
Profit (loss) for the period to be appropriated9905€-63k€-342k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-7.20M€-7.54M▼
Profit (loss) brought forward from the previous period14P€-7.13M€-7.20M▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
30-06
Financial
Weakest financial yearnet €-342k
Net result drops to €-342k, the lowest in the series.
2024
23-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
22-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
10-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
14-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
Financial
Back to profitnet €140k
Net result €140k after one loss-making year.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
21-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
21-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 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, Waterloo · 1 establishment unit since 2003
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.
Drève Richelle 161B1410 WaterlooGround area
1.3 ha
Building footprint
1,966 m²
Volume, LiDAR
25,641 m³
2 parcels, Brussels, Wallonia · tallest building 17.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Gatti de Gamondstraat 145, 1180 Ukkel
since 20032.131.445.633
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763M0624/00R000 | Wallonia | 6,763 m² | 1 · 806 m² | 14.8 m · 4 fl. |
| 21616A0195/00G015 | Brussels | 5,807 m² | 1 · 1,160 m² | 17.6 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,381. 3,195 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-12-2002
Fiscal year end30-06
Activities, NACEBEL
68110Buying and selling of own real estate
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.