ALPHACODE
Annual accounts 2025
micro format, filed on 23-02-2026, 158 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €140,000. Estimated: probably between €100,000 and €170,000.
Balance sheet
balance sheet total €92,572 on 31-12-2025in euro
in euro
Position in the sector
1.7%
Higher than 10% of 39,376 companies in 2025.
0.61
Higher than 14% of 38,058 companies in 2025.
32.5%
Higher than 73% of 38,530 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
92,572 | 127,637 | 128,932 | 83,860 | 88,470 | 61,092 | |
21/28 |
44,840 | 67,163 | 85,697 | 15,459 | 9,366 | 2,131 | |
22/27 |
44,840 | 67,163 | 85,697 | 15,459 | 9,366 | 2,131 | |
23 |
7,181 | 15,685 | 22,069 | 14,918 | 1,231 | 2,131 | |
24 |
37,659 | 51,479 | 63,628 | 541 | 8,134 | - | |
29/58 |
47,733 | 60,473 | 43,235 | 68,401 | 79,105 | 58,961 | |
40/41 |
10,666 | 38,910 | 372 | 30,841 | 29,645 | 23,281 | |
40 |
10,539 | 38,539 | 0 | 11,646 | 29,645 | 23,232 | |
41 |
127 | 372 | 372 | 19,195 | 0 | 49 | |
54/58 |
23,625 | 21,563 | 39,363 | 13,140 | 37,007 | 35,680 | |
490/1 |
13,442 | 0 | 3,500 | 24,420 | 12,453 | - | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
92,572 | 127,637 | 128,932 | 83,860 | 88,470 | 61,092 | |
10/15 |
1,571 | 66,516 | 1,292 | 67,102 | 65,277 | 43,268 | |
10/11 |
1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |
13 |
571 | 65,516 | 292 | 66,102 | 64,277 | 42,268 | |
133 |
571 | 65,516 | 292 | 66,102 | 64,277 | 42,268 | |
14 |
0 | 0 | 0 | - | - | - | |
17/49 |
91,002 | 61,121 | 127,639 | 16,758 | 23,193 | 17,824 | |
17 |
11,466 | 26,098 | 40,013 | - | - | - | |
170/4 |
11,466 | 26,098 | 40,013 | - | - | - | |
42/48 |
78,686 | 34,174 | 85,839 | 16,238 | 23,193 | 17,824 | |
42 |
14,632 | 12,922 | 13,227 | - | - | - | |
43 |
0 | 96 | - | - | - | - | |
430/8 |
0 | 96 | - | - | - | - | |
44 |
534 | 0 | 99 | 2,203 | 1,715 | 318 | |
440/4 |
534 | 0 | 99 | 2,203 | 1,715 | 318 | |
45 |
10,327 | 11,291 | 5,577 | 14,035 | 18,731 | 12,907 | |
450/3 |
10,327 | 11,291 | 3,527 | 14,022 | 18,731 | 11,332 | |
454/9 |
- | 0 | 2,050 | 13 | 0 | 1,575 | |
47/48 |
53,193 | 9,864 | 66,935 | 0 | 2,747 | 4,599 | |
492/3 |
850 | 850 | 1,788 | 520 | - | - | |
| Income statement | |||||||
9900 |
67,420 | 119,941 | 58,119 | 33,779 | 31,126 | 57,076 | |
62 |
0 | 2,322 | 4,228 | 1,462 | 0 | 1,771 | |
630 |
22,324 | 23,191 | 12,256 | 4,636 | 2,037 | 569 | |
640/8 |
1,040 | 3,102 | 1,332 | 23,653 | 709 | 922 | |
9901 |
44,056 | 91,326 | 40,303 | 4,028 | 28,380 | 53,814 | |
75/76B |
11 | 391 | - | 0 | 6 | 23 | |
75 |
11 | 391 | - | 0 | 6 | 23 | |
65/66B |
3,139 | 2,326 | 1,596 | 961 | 733 | 397 | |
65 |
3,139 | 2,326 | 1,596 | 961 | 733 | 397 | |
9903 |
40,928 | 89,391 | 38,706 | 3,067 | 27,653 | 53,441 | |
67/77 |
10,873 | 24,168 | 9,516 | 1,242 | 5,644 | 11,172 | |
9904 |
30,055 | 65,223 | 29,191 | 1,825 | 22,009 | 42,268 | |
9905 |
30,055 | 65,223 | 29,191 | 1,825 | 22,009 | 42,268 | |
| Appropriation of the result | |||||||
9906 |
30,055 | 65,223 | 29,191 | 1,825 | 22,009 | 42,268 | |
791/2 |
65,000 | 0 | 65,809 | - | - | - | |
691/2 |
55 | 65,223 | 0 | 1,825 | 22,009 | 42,268 | |
6921 |
55 | 65,223 | 0 | 1,825 | 22,009 | 42,268 | |
694/7 |
95,000 | 0 | 95,000 | - | - | - | |
694 |
95,000 | 0 | 95,000 | - | - | - | |
| Document | |||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 23-02-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 23-02-2026 | 2026-00041756 | |
| 31-12-2024 | micro format | 05-03-2025 | 2025-00043531 | |
| 31-12-2023 | micro format | 12-06-2024 | 2024-00122609 | |
| 31-12-2022 | micro format | 13-07-2023 | 2023-00237749 | |
| 31-12-2021 | micro format | 30-07-2022 | 2022-20251741 | |
| 31-12-2020 | micro format | 28-06-2021 | 2021-24800551 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 66,380 | 114,517 | 52,559 | 8,664 | 30,417 | 54,383 | ||
| 52,379 | 88,414 | 41,447 | 6,461 | 24,046 | 42,837 | ||
| 0 | 4,657 | 82,494 | 12,734 | 9,271 | 2,700 | ||
| 2,062 | -17,800 | 26,223 | -23,867 | 1,327 | - | ||
| -30,953 | 26,300 | -42,604 | 52,163 | 55,911 | 41,137 | ||
| 1.7% | 52.1% | 1.0% | 80.0% | 73.8% | 70.8% | ||
| 0.61 | 1.77 | 0.50 | 4.21 | 3.41 | 3.31 | ||
| 57.94 | 0.92 | 98.76 | 0.25 | 0.36 | 0.41 | ||
| - | 98.1% | - | 2.7% | 33.7% | 97.7% | ||
| 32.5% | 51.1% | 22.6% | 2.2% | 24.9% | 69.2% | ||
| 21.14 | 49.23 | 32.93 | 9.02 | 41.48 | - |
A ratio outside any meaningful range has been withheld (balance sheet total €92,572, equity €1,571).
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €4,657 | €82,494 | €12,734 | €9,271 |
| €22,324 | €23,191 | €12,256 | €4,636 | €2,037 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on ALPHACODE
The operating result for 2025 is 52% lower than in 2024.
Debt's share of the balance-sheet total rises from 47.9% to 98.3%. Equity is lower and debt is higher.