Alpha Station
ActiveSummary
Alpha Station has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18k and a net result of €11k. Equity is growing by ~100.8% per year across the filed fiscal years. Its solvency ranks better than 48% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+19
Solvency79▲+26
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 3.84 against 0.51 in 2024; short-term debt: 13.3% and cash: 8.3% of total assets), and 46.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
53.7%
Return on assets
33.6%
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 31-07-2026, 0 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
on the day
2024
42 d late
2023
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€18k▲ 167%
2024 · €7k
2023: €4klowest in 3 years
2024: €7k▲ +52.3% vs 2023
2025: €18k▲ +167% vs 2024highest in 3 years
2023 → 2025
Total assets
€33k▲ 39.3%
2024 · €24k
2023: €27k
2024: €24k▼ -11.4% vs 2023lowest in 3 years
2025: €33k▲ +39.3% vs 2024highest in 3 years
2023 → 2025
Net result
€11k▲ 387%
2024 · €2k
2023: €3k
2024: €2k▼ -19.2% vs 2023lowest in 3 years
2025: €11k▲ +387% vs 2024highest in 3 years
2023 → 2025
Working capital
€13k
2024 · €-8k
2023: €-4k
2024: €-8k▼ -139% vs 2023lowest in 3 years
2025: €13k▲ +250% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€4k-€7k▲ 52.3%€18k▲ 167%
2023: €4klowest in 3 years
2024: €7k▲ +52.3% vs 2023
2025: €18k▲ +167% vs 2024highest in 3 years
Operating result€5k-€3k▼ 35.8%€15k▲ 343%
2023: €5k
2024: €3k▼ -35.8% vs 2023lowest in 3 years
2025: €15k▲ +343% vs 2024highest in 3 years
Net result€3k-€2k▼ 19.2%€11k▲ 387%
2023: €3k
2024: €2k▼ -19.2% vs 2023lowest in 3 years
2025: €11k▲ +387% vs 2024highest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 343% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €30k
Fixed assets
€13k ▲ 21.0%
Current assets
€17k ▲ 93.4%
Equity and liabilities €33k
Equity
€18k ▲ 167%
Debt
€15k ▼ 10.5%
Debt's share of the balance-sheet total falls from 72.0% to 46.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€21k▲
2024 · €8k
Cash flow
€17k▲
2024 · €7k
Current ratio
3.84▲
2024 · 0.51
Debt to equity
0.86▼
2024 · 2.57
ROE
62.6%▲
2024 · 34.4%
ROA
33.6%▲
2024 · 9.6%
Interest coverage
23.79▼
2024 · 55.90
Debt ≤ 1 year
€4k▼
2024 · €17k
Debt > 1 year
€11k
Income taxes
€3k▲
2024 · €957
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€24k€33k▲
Formation expenses20€5k€4k▼
Fixed assets21/28€10k€13k▲
Tangible fixed assets22/27€10k€13k▲
Plant, machinery and equipment23€10k€7k▼
Furniture and vehicles24€467€6k▲
Financial fixed assets28€0-
Current assets29/58€9k€17k▲
Amounts receivable within one year40/41€5k€14k▲
Trade receivables40€3k€13k▲
Other amounts receivable41€2k€2k▼
Cash at bank and in hand54/58€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€24k€33k▲
Equity10/15€7k€18k▲
Contributions10/11€100€100=
Reserves13-€17k
Distributable reserves133-€17k
Profit (loss) carried forward14€7k€842▼
Amounts payable17/49€17k€15k▼
Amounts payable after more than one year17-€11k
Financial debts170/4-€11k
Amounts payable within one year42/48€17k€4k▼
Trade debts44€4k€4k▲
Suppliers440/4€4k€4k▲
Taxes, remuneration and social security45€6k€413▼
Taxes450/3€6k€413▼
Remuneration and social security454/9€0-
Other amounts payable47/48€8k€356▼
Income statement
Code20242025
Non-recurring operating income76A-€412
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€728€814▲
Gross operating margin9900€9k€21k▲
Operating profit (loss)9901€3k€15k▲
Financial charges65/66B€141€865▲
Recurring financial charges65€141€865▲
Profit (loss) for the period before taxes9903€3k€14k▲
Income taxes67/77€957€3k▲
Profit (loss) for the period9904€2k€11k▲
Profit (loss) for the period to be appropriated9905€2k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€18k▲
Profit (loss) brought forward from the previous period14P€4k€7k▲
Transfer to equity691/2-€17k
To other reserves6921-€17k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €412 | - |
| Remuneration, social security and pensions62 | €5k | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €4k | €5k | ▲ 23.3% |
| Other operating charges640/8 | €716 | €728 | €814 | ▲ 11.8% |
| Gross operating margin9900 | €14k | €9k | €21k | ▲ 149% |
| Operating profit (loss)9901 | €5k | €3k | €15k | ▲ 343% |
| Financial charges65/66B | €101 | €141 | €865 | ▲ 515% |
| Recurring financial charges65 | €101 | €141 | €865 | ▲ 515% |
| Profit (loss) for the period before taxes9903 | €5k | €3k | €14k | ▲ 336% |
| Income taxes67/77 | €2k | €957 | €3k | ▲ 213% |
| Profit (loss) for the period9904 | €3k | €2k | €11k | ▲ 387% |
| Profit (loss) for the period to be appropriated9905 | €3k | €2k | €11k | ▲ 387% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €27k | €24k | €33k | ▲ 39.3% |
| Formation expenses20 | - | €5k | €4k | ▼ 21.4% |
| Fixed assets21/28 | €8k | €10k | €13k | ▲ 21.0% |
| Tangible fixed assets22/27 | €8k | €10k | €13k | ▲ 21.0% |
| Plant, machinery and equipment23 | €7k | €10k | €7k | ▼ 33.0% |
| Furniture and vehicles24 | €600 | €467 | €6k | ▲ 1,170% |
| Financial fixed assets28 | €117 | €0 | - | - |
| Current assets29/58 | €19k | €9k | €17k | ▲ 93.4% |
| Amounts receivable within one year40/41 | €16k | €5k | €14k | ▲ 196% |
| Trade receivables40 | €15k | €3k | €13k | ▲ 355% |
| Other amounts receivable41 | €1k | €2k | €2k | ▼ 23.7% |
| Cash at bank and in hand54/58 | €3k | €4k | €3k | ▼ 30.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €27k | €24k | €33k | ▲ 39.3% |
| Equity10/15 | €4k | €7k | €18k | ▲ 167% |
| Contributions10/11 | €100 | €100 | €100 | = |
| Reserves13 | - | - | €17k | - |
| Distributable reserves133 | - | - | €17k | - |
| Profit (loss) carried forward14 | €4k | €7k | €842 | ▼ 87.3% |
| Amounts payable17/49 | €23k | €17k | €15k | ▼ 10.5% |
| Amounts payable after more than one year17 | - | - | €11k | - |
| Financial debts170/4 | - | - | €11k | - |
| Amounts payable within one year42/48 | €23k | €17k | €4k | ▼ 74.3% |
| Trade debts44 | €11k | €4k | €4k | ▲ 1.3% |
| Suppliers440/4 | €11k | €4k | €4k | ▲ 1.3% |
| Taxes, remuneration and social security45 | €8k | €6k | €413 | ▼ 92.6% |
| Taxes450/3 | €5k | €6k | €413 | ▼ 92.6% |
| Remuneration and social security454/9 | €3k | €0 | - | - |
| Other amounts payable47/48 | €4k | €8k | €356 | ▼ 95.6% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €2k | €11k | ▲ 387% |
| + Depreciation and write-downs630 | €3k | €4k | €5k | ▲ 23.3% |
| Operating cash flow (approximation) | €6k | €7k | €17k | ▲ 147% |
| Investment in fixed assets (approximation) | - | €-7k | €-8k | ▼ 10.9% |
| Change in cash | - | €1k | €-1k | ▼ 218% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2023net €11k ▲387%
Operating result €15k, net result €11k, both a record.
31-12
Financial
Liquidity times 8current ratio 3.84
Current ratio from 0.51 to 3.84; short-term debt falls from €17k to €4k.
11-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 42 days late
2024
31-12
Financial
Weakest financial yearnet €2k ▼19.2%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Merelbeke-Melle · 1 establishment unit since 2020
Ground area
504 m²
Building footprint
82 m²
Volume, LiDAR
446 m³
Parcel 44412B0864/00B003, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Alpha Station
since 20202.300.843.067
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44412B0864/00B003 | Flanders | 504 m² | 1 · 82 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 82,553 companies in sector 70200 we hold annual accounts for 52,585. 29,419 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
74120Graphic design and visual communication
74201Photography, excluding press photography
74209Other photographic activities
Scores and ratios are computed by Checked and are not a credit decision.