Financials
- Fiscal year
- 2024
- Total assets
- €8,708
- Loss
- -€2,304
- Solvency
- -346.8%
Total assets▼ 22.0%
Net result
20182024
ALPHA - PHS
ActiveThe file of ALPHA - PHS contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 0.5% (low). The 2024 annual accounts show negative equity (-€30,194) and a net result of -€2,304. Equity is shrinking by ~61.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 4,345 sector peers (NACE 74, fiscal year 2024).
Overview
Activity
Graphic design and visual communication
NACE 74120
#5 oldest company in Limburg, Other professional activities sector1 site
Size
€8,708total assets 2024
- Equity
- -€30,194
- Loss
- -€2,304
Turnover not published (abridged schema)
Structure
Accounts 68 days overdue0 of 5 deeds read
Why 53Capped at 59: negative equity- Negative equity -€30,194+ Size: total assets €8,708+ Sector Other professional, scientific and technical activities (NACE 74)+ Founded in 1985Show the evidence
Checked score
Score 2024
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 14% of its sector peers (NACE 74, micro)
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency
0=
equity -346.8% of total assets
Liquidity
20+9
short-term debt 446.8% · cash 15.6%
Profitability
0=
return on assets -26.5%
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.2%
12-2024: 1.2%● unchanged vs 11-2024
01-2025: 1.2%● unchanged vs 12-2024
02-2025: 1.2%● unchanged vs 01-2025
03-2025: 1.2%● unchanged vs 02-2025highest value
04-2025: 0.5%▼ -0.7 percentage points vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.6%▲ +0.1 percentage points vs 05-2025
07-2025: 0.3%▼ -0.3 percentage points vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025lowest value
02-2026: 0.3%● unchanged vs 01-2026lowest value
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.4%▲ +0.1 percentage points vs 06-2026
08-2026: 0.5%▲ +0.1 percentage points vs 07-2026
09-2026: 0.5%● unchanged vs 08-2026
10-2026: 0.5%● unchanged vs 09-2026
No credit on open account
Liquidity short (current ratio 0.22 against 0.29 in 2023; short-term debt: 446.8% and cash: 15.6% 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 74, micro): better than 6% on solvency, 11% on liquidity, 7% on profitability and 32% on growth.
The bankruptcy probability was computed on 06-10-2026 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
Seven signals.
−lowers risk+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€30,194
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 18-06-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
43 days early
2023
21 days early
2022
40 days early
2021
40 days early
2020
45 days early
2019
29 days early
← 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 36 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Annual accounts filedfiscal year 2022 · micro…
Key points
By topic
Timeline
- Events
- 13
- Since
- 2007
- 21-06-2022Annual accounts filed
- 16-06-2021Annual accounts filed
- 31-12-2020Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Graphic design and visual communicationNACE 74120
- Founded
- 11-10-1985
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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