ALPHA MAINTENANCE SYSTEMS
ActiveALPHA MAINTENANCE SYSTEMS has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €371k and a net result of €208k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 62% of 728 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency79▲+8
Growth70▲+1
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.59 against 1.24 in 2024; short-term debt: 45.7% and cash: 30.9% of total assets), and 45.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
54.3%
Return on assets
30.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
6 d early
2023
14 d early
2022
7 d early
2021
6 d early
2020
17 d early
2019
14 d early
← before the deadline
after the deadline →
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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€1.56M▲ 8.2%
2024 · €1.44M
2018: €1.03M
2019: €1.07M
2020: €1.11M
2021: €1.17M
2022: €1.14M
2023: €1.29M
2024: €1.44M
2018 → 2025
EBIT margin
18.4%▼ 1.2pp
2024 · 19.6%
2018: 14.6%
2019: 19.2%
2020: 21.7%
2021: 26.1%
2022: 17.7%
2023: 17.2%
2024: 19.6%
2018 → 2025
Net result
€208k▲ 1.4%
2024 · €205k
2018: €103k
2019: €142k
2020: €178k
2021: €225k
2022: €146k
2023: €161k
2024: €205k
2018 → 2025
Working capital
€183k▲ 83.2%
2024 · €100k
2018: €212k
2019: €287k
2020: €302k
2021: €236k
2022: €207k
2023: €128k
2024: €100k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.17M-€1.14M▼ 2.6%€1.29M▲ 13.9%€1.44M▲ 11.6%€1.56M▲ 8.2%
Equity€357k-€357k=€358k▲ 0.3%€363k▲ 1.4%€371k▲ 2.2%
Operating result€304k-€201k▼ 34.0%€223k▲ 11.1%€283k▲ 26.9%€287k▲ 1.4%
Net result€225k-€146k▼ 35.0%€161k▲ 10.2%€205k▲ 27.2%€208k▲ 1.4%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 1% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €684k
Fixed assets
€188k▼ 28.6%
Current assets
€496k▼ 5.2%
Equity and liabilities €684k
Equity
€371k▲ 2.2%
Debt
€313k▼ 26.1%
The debt ratio falls from 53.8% to 45.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€374k▲
2024 · €358k
Cash flow
€295k▲
2024 · €280k
Solvency
54.3%▲
2024 · 46.2%
Current ratio
1.59▲
2024 · 1.24
Quick ratio
1.43▲
2024 · 1.15
Debt / equity
0.84▼
2024 · 1.16
ROE
56.0%▼
2024 · 56.4%
ROA
30.4%▲
2024 · 26.1%
Interest coverage
847.06▼
2024 · 35429.15
Debt
€313k▼
2024 · €423k
Debt ≤ 1 year
€313k▼
2024 · €423k
Income taxes
€79k▲
2024 · €77k
Staff costs
€509k▼
2024 · €579k
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€786k€684k▼
Fixed assets21/28€263k€188k▼
Intangible fixed assets21€91k€65k▼
Tangible fixed assets22/27€173k€123k▼
Plant, machinery and equipment23€127k€95k▼
Furniture and vehicles24€45k€28k▼
Financial fixed assets28€89€89=
Other financial fixed assets284/8€89€89=
Amounts receivable and cash guarantees285/8€89€89=
Current assets29/58€523k€496k▼
Stocks and contracts in progress3€38k€49k▲
Stocks30/36€38k€49k▲
Goods purchased for resale34€38k€49k▲
Amounts receivable within one year40/41€275k€179k▼
Trade receivables40€268k€163k▼
Other amounts receivable41€8k€15k▲
Cash at bank and in hand54/58€164k€211k▲
Deferred charges and accrued income490/1€46k€57k▲
Equity and liabilities
Total equity and liabilities10/49€786k€684k▼
Equity10/15€363k€371k▲
Contributions10/11€30k€30k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Profit (loss) carried forward14€331k€338k▲
Amounts payable17/49€423k€313k▼
Amounts payable within one year42/48€423k€313k▼
Trade debts44€108k€50k▼
Suppliers440/4€108k€50k▼
Taxes, remuneration and social security45€115k€63k▼
Taxes450/3€38k€20k▼
Remuneration and social security454/9€77k€42k▼
Other amounts payable47/48€200k€200k=
Income statement
Code20242025
Operating income70/76A€1.45M€1.57M▲
Turnover70€1.44M€1.56M▲
Other operating income74€8k€1k▼
Operating charges60/66A€1.17M€1.28M▲
Goods for resale, raw materials and consumables60€30k€25k▼
Purchases600/8€19k€36k▲
Change in stocks: decrease (increase)609€11k€-11k▼
Services and other goods61€485k€655k▲
Remuneration, social security and pensions62€579k€509k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€75k€87k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€192€365▲
Other operating charges640/8€1k€1k▼
Operating profit (loss)9901€283k€287k▲
Financial income75/76B-€376
Recurring financial income75-€376
Income from financial fixed assets750-€376
Financial charges65/66B€2k€963▼
Recurring financial charges65€2k€963▼
Debt charges650€10€442▲
Other financial charges652/9€2k€521▼
Profit (loss) for the period before taxes9903€281k€287k▲
Income taxes67/77€77k€79k▲
Taxes670/3€77k€79k▲
Tax adjustments and reversals of tax provisions77-€134
Profit (loss) for the period9904€205k€208k▲
Profit (loss) for the period to be appropriated9905€205k€208k▲
Appropriation of the result
Profit (loss) to be appropriated9906€531k€538k▲
Profit (loss) brought forward from the previous period14P€326k€331k▲
Profit to be distributed694/7€200k€200k=
Return on contributions (dividend)694€200k€200k=
Social balance
Average headcount (FTE)90877.85.6▼
The notes to these accounts (42 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
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €225k ▲26.5%
Operating result €304k, net result €225k, both a record.
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-07
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
18 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 1988
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.
Bergensesteenweg 7131600 Sint-Pieters-LeeuwGround area
1.3 ha
Building footprint
5,983 m²
Volume, LiDAR
25,007 m³
Parcel 23583F0543/00L002, Flanders · tallest building 12.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ALPHA MAINTENANCE SYSTEMS AMSY
since 19882.033.079.913
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23583F0543/00L002 | Flanders | 1.3 ha | 1 · 5,983 m² | 12.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,145 companies in sector 71209 we hold annual accounts for 1,086. 736 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-01-1988
Fiscal year end31-12
Abbreviation FR
AMSY
Activities, NACEBEL
71209Other technical testing and analysis
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.