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ALPHA MOTORHOMES

Active
Public limited companyfounded 1991active for 35 yearsKapelanielaan 1, 9140 Temse, BelgiumKBO/BCE: BE 0443.542.792
Summary

The computed 12-month bankruptcy probability of ALPHA MOTORHOMES is 2.2% (moderate). The 2025 annual accounts show equity of €5.5m and a net result of -€2.0m. Equity is growing by about 2.8% per year across the filed financial years. Its solvency ranks better than 30% of 194 sector peers (NACE 33, financial year 2025). The company has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Repair and maintenance of fabricated metal products
NACE 33110Retail sale of cars and light vans (up to 3.5 tonnes) NACE 47811Renting and leasing of cars and light motor vehicles NACE 77110
#2 company by total assets in Temse, Manufacturing sector2 sites
Size
€18.8mtotal assets 2025
Staff
29.4 FTE
Equity
€5.5m
Loss
-€2.0m
Financial health
51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.2%
Structure
Parent
Alpha Leisure Group · 100%
  • CJC INVESTDirector · permanent representative DESRUMAUX Dominique
Accounts on time2 of 7 deeds read
Why 51raises riskLoss of €2.0m (financial year 2025)Liquidity: current ratio 1.41, cash €21,024, halved1 change of registered office in 24 monthsSector: Repair, maintenance and installation of machinery and equipment (NACE 33)Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 16% of its sector peers (NACE 33, small)
Financial strength · tick = 2024
Weak
Solvency 54+2
equity 29.5% of total assets
Liquidity 22+4
short-term debt 55.4% · cash 0.1%
Profitability 6-31
return on assets -10.5%
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (194 companies, NACE 33, small)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.6%▲ +0.1 percentage points vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.8%▲ +0.2 percentage points vs 06-2025 08-2025: 0.4%▼ -0.4 percentage points vs 07-2025lowest value 09-2025: 0.4%● unchanged vs 08-2025lowest value 10-2025: 0.4%● unchanged vs 09-2025lowest value 11-2025: 0.6%▲ +0.2 percentage points vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.7%▲ +0.1 percentage points vs 03-2026 05-2026: 0.8%▲ +0.1 percentage points vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 2.2%▲ +1.4 percentage points vs 07-2026highest value 09-2026: 2.2%● unchanged vs 08-2026highest value 10-2026: 2.2%● unchanged vs 09-2026highest value
Credit of up to €280,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.41, compared with 1.4 in 2024; short-term debt: 55.4% and cash: 0.1% of total assets), and 70.5% of the assets are financed with debt.
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 33, small): better than 36% on solvency, 15% on liquidity, 5% on profitability and 8% on growth.

The bankruptcy probability was computed on 08-10-2026 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

Five signals.
+raises risk○neutral
raises risk · Loss of €2.0m (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.41, cash €21,024, halved
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)
KBO
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
1 day early
2023
1 day early
2022
7 days early
2021
30 days late
2020
31 days late
2019
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 25 days after the deadline; the sector median (NACE 33) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
09-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Resignation: Automotive Investments (sole director)Permanent representative: DESRUMAUX Dominique ·…
  3. Weakest financial yearnet -€2.0m

Key points

  • Caution: From profit to loss in 2025after €213,547 in 2024 -€2.0m View
  • Caution: Among the weakest 5% on net resultsector median €75,847 · 192 companies -€2.0m View
  • Caution: Board changedlatest change 23-06-2026 · 1 in office 1 joined · 1 left View
  • Controlled by Alpha Leisure Group 100% View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

By topic

Financials

Financial year
2025
Total assets
€18.8m
Loss
-€2.0m
Solvency
29.5%
Total assets▼ 32.2%
Net result
20182025
Go to Financials

Timeline

Events
39
Since
1992
Next accounts
by 31-07-2027
  1. 06-10-2025Registered office
  2. 30-07-2025Annual accounts filed
  3. 30-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Repair and maintenance of fabricated metal productsNACE 33110
Founded
22-03-1991
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
11
Annual meeting
30 June at 20:00
Purpose
De fabricage van aanhangwagens, koetswerk voor bedrijfsauto’s en koetswerk voor autobussen…
Go to Articles of association

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