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Alpha Station

Active Private limited companyfounded 2020active for 6 yearsSint-Elooistraat 98, 9820 Merelbeke-MelleKBO/BCE: BE 0740.914.803

Lifetime

3 annual accounts with figures on one time axis
peak €21,400 (2025)
€21,400▲ 149%
peak €11,227 (2025)
€11,227▲ 387%
peak €17,942 (2025)
€17,942▲ 167%
€15,443▼ 10.5%
Board2 names since 2020
2 directorsLAGAERT Doran and 1 other
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Gross margin from €8,587 to €21,400Result from €2,307 to €11,227Equity from €6,715 to €17,942Cash from €3,992 to €2,764

Key points

from the 2025 annual accounts

Turnover

≈ €99,000 estimated

The micro format states no turnover.

Liquidity

3.84 was 0.51 in 2024

Short-term debts fell from €17,259 to €4,443.

Filings

3 annual accounts 1 late
AprilJune31 JulyOctober202320242025

The 2024 accounts came 42 days late. The other two were filed on time.

Checked score

93
Excellent
Financially stronger than 69% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).

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

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.4%▲ +0.1 percentage points vs 08-2025highest value 10-2025: 0.1%▼ -0.3 percentage points vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 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: 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

79+26equity 53.7% of total assets
58+26short-term debt 13.3% · cash 8.3%
100+19return on assets 33.6%

Score breakdown

raises risk
1 of the last 3 accounts late
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €33,384
Figures for financial year 2025 (filed on 05-08-2026)
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 70, micro). It does better than 49% of them on solvency, 50% on liquidity, 84% on profitability and 94% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 26,972 companies had the same profile as Alpha Station has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Alpha Station itself is lower: 0.1% within 12 months. It rests on far more data about Alpha Station than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 26,972 companies, not a prediction for Alpha Station. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €1,500 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.84 (0.51 in 2024), above the usual 1.5. Short-term debt is 13.3% and cash 8.3% of total assets. 46.3% of the assets are financed with debt and provisions.

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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 · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · 1 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €33,384
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 05-08-2026)
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 31-07-2026, 0 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
on the day
2024
42 days late
2023
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 14 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 (3 of the last 3 accounts filed within 42 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 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

Board and ownership

LD
Managing director
  • LAGAERT Doran 65 sharesdeed of 20-12-2023
  • MEERMANS Indy Walter Marijke Patrice 30 sharesdeed of 20-12-2023
  • DEMEULEMEESTER Elsie Elisabeth Irène 5 sharesdeed of 20-12-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0740914803
Amendment of the articles · Legal-form change · Resignations & appointments Changes of role: LAGAERT Doran (niet statutair bestuurder in besloten vennootschap) and MEERMANS Indy Walter Marijke Patrice (niet statutair bestuurder in besloten vennootschap) · LAGAERT Doran holds 65 shares · MEERMANS Indy Walter Marijke Patrice holds 30 shares · General meeting of 24-11-2023 · Gazette deed
Company renamed from Alpha Photography to Alpha Station Appointment: Meermans, Indy Walter M (director) · Partner: Lagaert, Doran (general partner) · Partner: Meermans, Indy Walter M (general partner) · General meeting of 12-02-2021 · Gazette deed
Incorporation Founding capital of €100, 100 shares · Founders: Lagaert Doran and Demeulemeester Elsie · Appointment: Lagaert Doran (manager) · published on 10-01-2020 · Gazette deed
All 10 events

Comparable companies

same main activity, similar in size and age
Company
Alpha Station Merelbeke-Melle €33,384 €21,400 53.7% -
CLK CONSULT & MANAGEMENT Sint-Gillis-Waas €41,570 €18,890 72.5% -
S&Y MEDIA Beersel €33,230 €19,543 55.5% -
De Zwaan Aartselaar €31,810 €24,201 7.7% -
TR56 Etterbeek €32,750 €20,486 -308.6% -
DJAWLA CONSULTING SRL Brussels €32,629 €20,003 50.7% -
KURO Sint-Gillis (bij-Brussel) €32,384 €21,197 -18.5% -

These companies have the same main activity as Alpha Station: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €31,800 and €41,600, founded between 2019 and 2020.

Official details

Source: KBO
Status
Active since 08-01-2020Normal situation
Activity
Business and other management consultancyNACE 70200and 4 others
Establishment unit
2.300.843.0679820 Merelbeke-Melle, since 08-01-2020
Financial year end
31 December
Peppol
Reachable since 12-12-2024
Company details

Annual accounts 2025

€33,384▲ 39.3%
Filing
Filed on 31-07-2026, on the last day of the filing period
Financials

Insights on Alpha Station

Alpha Station files the micro format. That format states no turnover. The gross margin rose from €14,436 in 2023 to €21,400 in 2025.

In December 2023, the Official Gazette published the appointment of LAGAERT Doran as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Alpha Station

What is the company number of Alpha Station?
The company number of Alpha Station is 0740.914.803. The VAT number is the same number with BE in front: BE 0740.914.803.
Where is Alpha Station based?
The registered office is at Sint-Elooistraat 98, 9820 Merelbeke-Melle.Company details
What does Alpha Station do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of Alpha Station?
Alpha Station is a private limited company (BV).
When was Alpha Station founded?
Alpha Station was founded on 08-01-2020.
Is Alpha Station still active?
Yes, Alpha Station is an active enterprise in the KBO register.
What is the turnover of Alpha Station?
The turnover in financial year 2025 is ≈ €99,000. This figure is estimated from the gross margin of €21,400 and 206 comparable companies (NACE 70200). It probably lies between €46,000 and €200,000. It is a rough estimate.Financials
Is Alpha Station profitable?
In financial year 2025, Alpha Station made a profit of €11,227.
Where can I find the annual accounts of Alpha Station?
Alpha Station filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Alpha Station due?
Alpha Station must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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