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Alpha Vision

Active
Private limited companyfounded 2024active for 1 yearRue du Pré-des-Boeufs, Forv. 3, 5380 Fernelmont, BelgiumKBO/BCE: BE 1017.975.012
Summary

The computed 12-month bankruptcy probability of Alpha Vision is 2.0% (moderate). The 2025 annual accounts show equity of €54,851 and a net result of €52,351. Its solvency ranks better than 41% of 34,728 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00484702.

Equity
€54,851
Total assets
€142,207
Net result
€52,351
Working capital
€37,864

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €142,207
Fixed assets €49,272
Current assets €92,934
Equity and liabilities €142,207
Equity €54,851
Debt €87,356
Debt finances 61.4% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€75,614
Cash flow
€60,379
Current ratio
1.69
Debt to equity
1.59
ROE
95.4%
ROA
36.8%
Interest coverage
38.64
Debt ≤ 1 year
€55,070
Debt > 1 year
€30,260
Income taxes
€13,442

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a higher bankruptcy probability: 2.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,279 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 41 lines
Balance sheet Code2025
Assets
Total assets20/58€142,207
Fixed assets21/28€49,272
Tangible fixed assets22/27€49,272
Furniture and vehicles24€49,272
Current assets29/58€92,934
Amounts receivable within one year40/41€74,762
Trade receivables40€72,568
Other amounts receivable41€2,194
Cash at bank and in hand54/58€18,172
Equity and liabilities
Total equity and liabilities10/49€142,207
Equity10/15€54,851
Contributions10/11€2,500
Reserves13€52,000
Distributable reserves133€52,000
Profit (loss) carried forward14€351
Amounts payable17/49€87,356
Amounts payable after more than one year17€30,260
Financial debts170/4€30,260
Amounts payable within one year42/48€55,070
Current portion of amounts payable after more than one year42€8,494
Trade debts44€16,400
Suppliers440/4€16,400
Advances received on contracts in progress46€12,635
Taxes, remuneration and social security45€17,541
Taxes450/3€17,541
Accrued charges and deferred income492/3€2,026
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,029
Other operating charges640/8€836
Gross operating margin9900€76,449
Operating profit (loss)9901€67,585
Financial income75/76B€165
Recurring financial income75€165
Financial charges65/66B€1,957
Recurring financial charges65€1,957
Profit (loss) for the period before taxes9903€65,793
Income taxes67/77€13,442
Profit (loss) for the period9904€52,351
Profit (loss) for the period to be appropriated9905€52,351
Appropriation of the result
Profit (loss) to be appropriated9906€52,351
Transfer to equity691/2€52,000
To other reserves6921€52,000

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,029
Other operating charges640/8€836
Gross operating margin9900€76,449
Operating profit (loss)9901€67,585
Financial income75/76B€165
Recurring financial income75€165
Financial charges65/66B€1,957
Recurring financial charges65€1,957
Profit (loss) for the period before taxes9903€65,793
Income taxes67/77€13,442
Profit (loss) for the period9904€52,351
Profit (loss) for the period to be appropriated9905€52,351
Line2025
Assets
Total assets20/58€142,207
Fixed assets21/28€49,272
Tangible fixed assets22/27€49,272
Furniture and vehicles24€49,272
Current assets29/58€92,934
Amounts receivable within one year40/41€74,762
Trade receivables40€72,568
Other amounts receivable41€2,194
Cash at bank and in hand54/58€18,172
Equity and liabilities
Total equity and liabilities10/49€142,207
Equity10/15€54,851
Contributions10/11€2,500
Reserves13€52,000
Distributable reserves133€52,000
Profit (loss) carried forward14€351
Amounts payable17/49€87,356
Amounts payable after more than one year17€30,260
Financial debts170/4€30,260
Amounts payable within one year42/48€55,070
Current portion of amounts payable after more than one year42€8,494
Trade debts44€16,400
Suppliers440/4€16,400
Advances received on contracts in progress46€12,635
Taxes, remuneration and social security45€17,541
Taxes450/3€17,541
Accrued charges and deferred income492/3€2,026
Line2025
Profit (loss) for the period9904€52,351
+ Depreciation and write-downs630€8,029
Operating cash flow (approximation)€60,379

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 31-08-2026 2026-00484702

Similar companies · same sector, comparable size

Of the 22,634 active companies whose main activity is general electrical installation work (NACE 43211), figures are known for 10,524. 8,773 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.