AlphaCare
ActiveSummary
AlphaCare has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €485,934 and a net result of €141,361. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 87% of 11502 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+2
Solvency100▲+23
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 7.41 against 2.03 in 2024; short-term debt: 13.2% and cash: 71.2% of total assets), and 13.2% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
86.8%
Return on assets
25.3%
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-12-2025, 60 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
60 d early
2024
59 d early
2023
1 d early
2022
1 d early
2021
on the day
2020
2 d early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 18 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 30 January (4 of the last 5 filed years within 58 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€485,934▲ 41.0%
2024 · €344,572
Total assets
€559,557▼ 15.8%
2024 · €664,760
Net result
€141,361▼ 9.5%
2024 · €156,142
Working capital
€471,963▲ 44.0%
2024 · €327,734
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€130,522▲ 13.3%€189,620▲ 45.3%€247,309▲ 30.4%€230,102▼ 7.0%€199,788▼ 13.2%
Net result€97,757above the sector's middle half▲ 9.2%€141,959above the sector's middle half▲ 45.2%€167,971above the sector's middle half▲ 18.3%€156,142above the sector's middle half▼ 7.0%€141,361above the sector's middle half▼ 9.5%
Equity€420,819above the sector's middle half▲ 30.3%€562,778above the sector's middle half▲ 33.7%€401,313above the sector's middle half▼ 28.7%€344,572above the sector's middle half▼ 14.1%€485,934above the sector's middle half▲ 41.0%
Total assets€493,737above the sector's middle half▲ 14.4%€609,532above the sector's middle half▲ 23.5%€485,682above the sector's middle half▼ 20.3%€664,760above the sector's middle half▲ 36.9%€559,557above the sector's middle half▼ 15.8%
Debt€72,919▼ 32.9%€46,755▼ 35.9%€84,369▲ 80.5%€320,187▲ 280%€73,623▼ 77.0%
Working capital€422,269above the sector's middle half▲ 31.8%€562,778above the sector's middle half▲ 33.3%€387,212above the sector's middle half▼ 31.2%€327,734above the sector's middle half▼ 15.4%€471,963above the sector's middle half▲ 44.0%
Solvency85.2%above the sector's middle half▲ 10.4pp92.3%above the sector's middle half▲ 7.1pp82.6%above the sector's middle half▼ 9.7pp51.8%within the sector's middle half▼ 30.8pp86.8%above the sector's middle half▲ 35.0pp
Current ratio6.91above the sector's middle half▲ 2.9613.04above the sector's middle half▲ 6.136.33above the sector's middle half▼ 6.712.03within the sector's middle half▼ 4.297.41above the sector's middle half▲ 5.38
Return on assets (ROA)19.8%above the sector's middle half▼ 0.9pp23.3%above the sector's middle half▲ 3.5pp34.6%above the sector's middle half▲ 11.3pp23.5%above the sector's middle half▼ 11.1pp25.3%above the sector's middle half▲ 1.8pp
Staff (FTE)1=
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 13% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €559,557
Fixed assets
€13,971 ▼ 29.4%
Current assets
€545,586 ▼ 15.4%
Equity and liabilities €559,557
Equity
€485,934 ▲ 41.0%
Debt
€73,623 ▼ 77.0%
Debt's share of the balance-sheet total falls from 48.2% to 13.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€206,514▼
2024 · €236,107
Cash flow
€148,088▼
2024 · €162,146
Quick ratio
6.62▲
2024 · 1.95
Debt to equity
0.15▼
2024 · 0.93
ROE
29.1%▼
2024 · 45.3%
Interest coverage
337.47▼
2024 · 352.57
Debt ≤ 1 year
€73,623▼
2024 · €317,234
Debt > 1 year
€0▼
2024 · €2,953
Income taxes
€62,366▼
2024 · €73,291
Staff costs
€53,766▲
2024 · €43,375
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,810 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
3.1%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 17,810 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €40,350 | €36,109 | €43,375 | €53,766 | ▲ 24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,609 | €0 | €4,227 | €6,005 | €6,726 | ▲ 12.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | -€9,544 | - |
| Other operating charges640/8 | - | €1,428 | €4,034 | €3,191 | €4,354 | ▲ 36.4% |
| Gross operating margin9900 | €175,399 | €231,398 | €291,679 | €282,673 | €255,089 | ▼ 9.8% |
| Operating profit (loss)9901 | €130,522 | €189,620 | €247,309 | €230,102 | €199,788 | ▼ 13.2% |
| Financial income75/76B | - | €411 | €180 | €1 | €4,552 | ▲ 459,702% |
| Recurring financial income75 | €1 | €411 | €180 | €1 | €4,552 | ▲ 459,702% |
| Financial charges65/66B | - | €323 | €758 | €670 | €612 | ▼ 8.6% |
| Recurring financial charges65 | €280 | €323 | €758 | €670 | €612 | ▼ 8.6% |
| Profit (loss) for the period before taxes9903 | €130,243 | €189,709 | €246,731 | €229,433 | €203,728 | ▼ 11.2% |
| Income taxes67/77 | €32,486 | €47,750 | €78,760 | €73,291 | €62,366 | ▼ 14.9% |
| Profit (loss) for the period9904 | €97,757 | €141,959 | €167,971 | €156,142 | €141,361 | ▼ 9.5% |
| Profit (loss) for the period to be appropriated9905 | €97,757 | €141,959 | €167,971 | €156,142 | €141,361 | ▼ 9.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €493,737 | €609,532 | €485,682 | €664,760 | €559,557 | ▼ 15.8% |
| Fixed assets21/28 | €0 | - | €25,797 | €19,792 | €13,971 | ▼ 29.4% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €0 | - | €25,797 | €19,792 | €13,971 | ▼ 29.4% |
| Furniture and vehicles24 | - | - | €25,797 | €19,792 | €13,971 | ▼ 29.4% |
| Current assets29/58 | €493,737 | €609,532 | €459,886 | €644,968 | €545,586 | ▼ 15.4% |
| Stocks and contracts in progress3 | €24,154 | €24,045 | €43,740 | €26,772 | €58,480 | ▲ 118% |
| Stocks30/36 | - | €24,045 | €43,740 | €26,772 | €58,480 | ▲ 118% |
| Amounts receivable within one year40/41 | €172,299 | €62,810 | €75,928 | €123,160 | €86,727 | ▼ 29.6% |
| Trade receivables40 | - | €62,810 | €75,928 | €123,026 | €78,568 | ▼ 36.1% |
| Other amounts receivable41 | - | €0 | - | €134 | €8,158 | ▲ 5,998% |
| Current investments50/53 | - | - | - | €360,000 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €296,753 | €522,678 | €339,629 | €128,455 | €398,565 | ▲ 210% |
| Deferred charges and accrued income490/1 | - | €0 | €588 | €6,581 | €1,814 | ▼ 72.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €493,737 | €609,532 | €485,682 | €664,760 | €559,557 | ▼ 15.8% |
| Equity10/15 | €420,819 | €562,778 | €401,313 | €344,572 | €485,934 | ▲ 41.0% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €402,219 | €402,219 | €382,713 | €325,972 | €467,334 | ▲ 43.4% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | - | €400,359 | €380,853 | €325,972 | €467,334 | ▲ 43.4% |
| Profit (loss) carried forward14 | - | €141,959 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €72,919 | €46,755 | €84,369 | €320,187 | €73,623 | ▼ 77.0% |
| Amounts payable after more than one year17 | - | - | €11,695 | €2,953 | €0 | ▼ 100% |
| Financial debts170/4 | - | - | €11,695 | €2,953 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €71,469 | €46,755 | €72,674 | €317,234 | €73,623 | ▼ 76.8% |
| Current portion of amounts payable after more than one year42 | - | - | €8,568 | €8,742 | €2,953 | ▼ 66.2% |
| Trade debts44 | €54,561 | €28,479 | €19,623 | €54,154 | €26,831 | ▼ 50.5% |
| Suppliers440/4 | - | €28,479 | €19,623 | €54,154 | €26,831 | ▼ 50.5% |
| Taxes, remuneration and social security45 | - | €18,275 | €37,883 | €34,454 | €34,030 | ▼ 1.2% |
| Taxes450/3 | - | €15,813 | €30,366 | €25,826 | €21,521 | ▼ 16.7% |
| Remuneration and social security454/9 | - | €2,463 | €7,517 | €8,628 | €12,510 | ▲ 45.0% |
| Other amounts payable47/48 | - | - | €6,601 | €219,884 | €9,808 | ▼ 95.5% |
| Accrued charges and deferred income492/3 | - | €0 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €97,757 | €141,959 | €167,971 | €156,142 | €141,361 | ▼ 9.5% |
| + Depreciation and write-downs630 | €2,609 | €0 | €4,227 | €6,005 | €6,726 | ▲ 12.0% |
| Operating cash flow (approximation) | €100,366 | €141,959 | €172,198 | €162,146 | €148,088 | ▼ 8.7% |
| Investment in fixed assets (approximation) | - | - | - | €0 | -€905 | - |
| Change in cash | - | €225,925 | -€183,049 | -€211,174 | €270,110 | ▲ 228% |
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
2025
02-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Liquidity quadruplescurrent ratio 7.41
Current ratio from 2.03 to 7.41; short-term debt falls from €317,234 to €73,623.
2024
03-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2019net €167,971 ▲18.3%
Operating result €247,309, net result €167,971, both a record.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Equity above €500,000Eq €562,778 ▲33.7%
4 profitable years in a row build equity to €562,778.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
02-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Grez-Doiceau · 1 establishment unit since 2015
Ground area
3,562 m²
Building footprint
2,825 m²
Volume, LiDAR
20,349 m³
2 parcels, Flanders, Wallonia · tallest building 13.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ALPHACARE
since 20152.246.576.616
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22001A0011/00K000 | Flanders | 3,063 m² | 1 · 2,756 m² | 13.7 m · 2 fl. |
| 25012A0200/00G000 | Wallonia | 499 m² | 1 · 68 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,903 companies in sector 46460 we hold annual accounts for 1,126. 772 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
Founded06-10-2015
Fiscal year end30-06
Activities, NACEBEL 2025
46460Wholesale of pharmaceutical and medical goods
46190Agents in non-specialised wholesale trade
Contact
E-mail
2015@alphacare.beDrogenbos
Phone
02/3767120Drogenbos
E-invoicing
Reachable via Peppol
Peppol ID
0208:0639991647
Also
9925:BE0639991647
Registered
11-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.