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ALPHA PASSION

Active
Private limited companyfounded 1999active for 26 yearsRue Goset(AMA) 4, 4540 Amay, BelgiumKBO/BCE: BE 0468.847.025

From the official registers: KBO 25 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

ALPHA PASSION has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €132,956 and a net result of €9,253. Equity has been growing by about 8% per year since 2018. Its solvency ranks better than 50% of 17,119 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

KBO
Status
Active since 27-12-1999 Normal situation
Activity
Renting and operating of own or leased residential real estate, excluding social housing NACE 68201and 1 other
Establishment unit
2.093.575.744 4540 Amay, since 26-01-2000
Financial year end
31 December
Peppol
Reachable since 25-11-2025

Board and ownership

Board

Financial position

91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€67,793
▼ 7.3%
Turnover
≈ €88,000
estimated
Profit
€9,253
▼ 40.3%
Equity
€132,956
▲ 7.5%
Total assets
€457,428
▼ 4.9%
Filed on 06-07-2026, 25 days before the deadlineat the National Bank
Score breakdownraises riskLiquidity: current ratio 1.76, cash €2,526, halvedlowers riskSize: total assets €457,428Founded in 1999Figures for financial year 2025 (filed on 06-07-2026)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 54% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Average
Solvency 54+3
equity 29.1% of total assets
Liquidity 48-1
short-term debt 15.0% · cash 0.6%
Profitability 71-2
return on assets 2.0%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,628 companies, NACE 68, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.2 percentage points vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.2%▲ +0.1 percentage points vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €12,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.76 (1.49 in 2024), above the usual 1.5. Short-term debt is 15% and cash 0.6% of total assets. However, 70.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 68, micro). It does better than 48% of them on solvency, 43% on liquidity, 62% on profitability and 63% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €457,428
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.76, cash €2,526, halved
NBB · annual accounts
lowers risk · Founded in 1999
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 06-07-2026)
NBB · annual accounts
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
25 days early
2024
16 days early
2023
22 days early
2022
18 days early
2021
18 days early
2020
9 days early
2019
14 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 13 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 13 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
  • Positive: 5 profitable years in a rowprofit 2025: €9,253 5 years View

Comparable companies

These companies have the same main activity as ALPHA PASSION: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €410,000 and €497,000, founded between 1997 and 2003.

CompanyTotal assetsGross margin
ALPHA PASSION Amay€457,428€67,793
IMMOBILIERE DU VAL D'ORCIA Wanze€463,907€83,367
FLIMMO Seraing€455,386€54,445
ACCO ESTATES Temse€497,204€63,694
PATISSIMMO Thuin€409,759€64,548
FRAMAR Hamme (Vl.)€497,013€63,245
ALDO Schilde€471,591€68,023
Full comparison

Documents

Annual accounts at the NBB

All 25 annual accounts

Articles and registers

Key facts about ALPHA PASSION

What is the company number of ALPHA PASSION?
The company number of ALPHA PASSION is 0468.847.025. The VAT number is the same number with BE in front: BE 0468.847.025.
Where is ALPHA PASSION based?
The registered office is at Rue Goset(AMA) 4, 4540 Amay.Company details
What does ALPHA PASSION do?
According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
What is the legal form of ALPHA PASSION?
The legal form of ALPHA PASSION is Private limited company (BV).
When was ALPHA PASSION founded?
ALPHA PASSION was founded on 27-12-1999.
Is ALPHA PASSION still active?
Yes, ALPHA PASSION is an active enterprise in the KBO register.
What is the turnover of ALPHA PASSION?
The turnover in financial year 2025 is ≈ €88,000. This figure is estimated from the gross margin of €67,793 and 45 comparable companies (NACE 682). It probably lies between €76,000 and €110,000. In financial year 2022 turnover was €0.Financials
Is ALPHA PASSION profitable?
In financial year 2025, ALPHA PASSION made a profit of €9,253.
Where can I find the annual accounts of ALPHA PASSION?
ALPHA PASSION filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of ALPHA PASSION due?
ALPHA PASSION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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