AlphaCert
ActiveAlphaCert has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22k and a net result of €9k. Equity is growing by ~42.5% per year across the filed fiscal years. Its solvency ranks better than 39% of 11165 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
86
/ 100
Excellent▲ +69 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency51▲+25
Growth66=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.36 against 1.18 in 2024), and 72.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
27.7%
Return on assets
11.3%
Age of the figures
8 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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
17 d early
2023
9 d early
2022
12 d early
2021
13 d early
2020
73 d late
2019
30 d late
← before the deadline
after the deadline →
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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€28k▼ 30.9%
2023 · €41k
2019: €25k
2021: €26k
2022: €49k
2023: €41k
2019 → 2024
EBIT margin
-24.5%▼ 49.6pp
2023 · 25.1%
2019: 68.8%
2021: 78.4%
2022: 34.7%
2023: 25.1%
2019 → 2024
Net result
€9k
2024 · €-7k
2018: €-27k
2019: €734
2020: €-6k
2021: €31k
2022: €17k
2023: €10k
2024: €-7k
2018 → 2025
Working capital
€21k▲ 85.7%
2024 · €11k
2018: €-40k
2019: €-35k
2020: €-38k
2021: €-7k
2022: €7k
2023: €18k
2024: €11k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€26k-€49k▲ 92.8%€41k▼ 16.7%€28k▼ 30.9%
Equity€-7k-€10k€20k▲ 101%€13k▼ 35.6%€22k▲ 69.4%
Operating result€20k-€17k▼ 14.6%€10k▼ 39.8%€-7k€9k
Net result€31k-€17k▼ 44.5%€10k▼ 40.6%€-7k€9k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €9k after a loss of €7k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €79k
Fixed assets
€1k▼ 33.4%
Current assets
€78k▲ 4.6%
Equity and liabilities €79k
Equity
€22k▲ 69.4%
Debt
€57k▼ 9.7%
The debt ratio falls from 83.1% to 72.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€10k▲
2024 · €-6k
Cash flow
€10k▲
2024 · €-7k
Solvency
27.7%▲
2024 · 16.9%
Current ratio
1.36▲
2024 · 1.18
Quick ratio
1.36▲
2024 · 1.18
Debt / equity
2.61▼
2024 · 4.90
ROE
41.0%▲
2024 · -55.3%
ROA
11.3%▲
2024 · -9.4%
Interest coverage
70.05▲
2024 · -38.54
Debt
€57k▼
2024 · €63k
Debt ≤ 1 year
€57k▼
2024 · €63k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€76k€79k▲
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Plant, machinery and equipment23€2k€1k▼
Current assets29/58€75k€78k▲
Amounts receivable within one year40/41€20k€32k▲
Trade receivables40€20k€32k▲
Other amounts receivable41€251-
Cash at bank and in hand54/58€55k€46k▼
Equity and liabilities
Total equity and liabilities10/49€76k€79k▲
Equity10/15€13k€22k▲
Contributions10/11€19k€19k=
Reserves13€11k€11k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€9k€9k=
Profit (loss) carried forward14€-16k€-7k▲
Amounts payable17/49€63k€57k▼
Amounts payable within one year42/48€63k€57k▼
Trade debts44€976€837▼
Suppliers440/4€976€837▼
Taxes, remuneration and social security45€2k€4k▲
Taxes450/3€2k€4k▲
Other amounts payable47/48€60k€52k▼
Income statement
Code20242025
Turnover70€28k-
Goods, raw materials, services and sundry goods60/61€34k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€590€590=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€3k
Other operating charges640/8€414€618▲
Gross operating margin9900€-6k€13k▲
Operating profit (loss)9901€-7k€9k▲
Financial income75/76B€7€9▲
Recurring financial income75€7€9▲
Financial charges65/66B€166€138▼
Recurring financial charges65€166€138▼
Profit (loss) for the period before taxes9903€-7k€9k▲
Profit (loss) for the period9904€-7k€9k▲
Profit (loss) for the period to be appropriated9905€-7k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-7k▲
Profit (loss) brought forward from the previous period14P€-9k€-16k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €31k
Net result €31k after one loss-making year.
12-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 73 days late
2020
30-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 30 days late
2019
31-12
Financial
Back to profitnet €734
Net result €734 after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Meise · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Tussenveld 11860 MeiseGround area
608 m²
Building footprint
100 m²
Volume, LiDAR
511 m³
Parcel 23050D0340/00W002, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SUSTAINABLE WOOD MATERIALS
since 20102.188.982.271
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23050D0340/00W002 | Flanders | 608 m² | 1 · 100 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
INDIGRA
BE 0461.071.880
Antwerpen · Eq €22k
M. & J. MARTENS Impregneerbedrijf
BE 0415.941.839
Houthalen-Helchteren · Eq €21k
Spectre
BE 0802.549.294
Hulshout · Eq €21k
Desire Coppens en Zonen
BE 0403.666.983
Hemiksem · Eq €20k
LUXTERIOR
BE 0696.680.031
Genk · Eq €20k
Of 858 companies in sector 46832 we hold annual accounts for 587. 170 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-02-2010
Fiscal year end31-12
Activities, NACEBEL
46832Wholesale of timber
02400Forestry and logging
46130Agents in the wholesale of timber and building materials
47529Retail trade
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.