Equity
€1,571 from €67,102 in 2022
Equity fell by 98% in 3 years.
ALPHACODE
Overview
Lifetime
6 annual accounts with figures on one time axispeak €119,941 (2024)
€67,420▼ 43.8%
peak €65,223 (2024)
€30,055▼ 53.9%
peak €67,102 (2022)
€1,571▼ 97.6%
€91,002▲ 48.9%
Board2 names since 2020
1 director
Documentsfilings and deeds
23-02-2026158 days before the deadline
2025micro format
Gross margin from €119,941 to €67,420Result from €65,223 to €30,055Dividend €95,000Equity from €66,516 to €1,571Debts from €61,121 to €91,002
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Key points
from the 2025 annual accountsTurnover
≈ €140,000 estimated
The micro format states no turnover.
Debts
€91,002 98% of the balance sheet
Financial debts 13%Suppliers 1%Taxes and wages 11%Other 75%
Of this, €78,686 falls due within a year.
Liquidity
0.61 was 1.77 in 2024
Short-term debts rose from €34,174 to €78,686.
Filings
6 annual accounts since 2020
The last five annual accounts were filed 1 to 158 days before the end of the period.
Position in the sector
€1,571
Less equity than 90% of companies in head offices and management consultancy. Sector median €78,242 · 39,408 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,153 companies had the same profile as ALPHACODE has now. Each dot stands for 6 companies, two years later.
96.0%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
Test of the method
The method was tested on the 497,448 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.
| 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 2,153 companies, not a prediction for ALPHACODE. 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.
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Signals
6 signals are hidden.
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Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0746738959
Registered office moved from Wijnegem to Kapellen
New registered office: Sevenhanslei 40 te 2950 Kapellen · Previous registered office: Hippolyte Meeússtraat 52 te 2110 Wijnegem · Board meeting of 17-09-2024 · Gazette deed
Registered office moved from Mechelen to Wijnegem
New registered office: Hippolyte Meeusstraat 52 te 2110 Wijnegem · Previous registered office: Polderstraat 48 te 2800 Mechelen · Resignation: (director) · Board meeting of 03-01-2024 · Gazette deed
Registered office moved from Antwerp to Mechelen
New registered office: Polderstraat 48 te 2800 Mechelen · Previous registered office: Lange Herentalsestraat 42 bus 3 te 2018 Antwerpen · Registered office clause: Lange Herentalsebaan 42 bus 3 te 2018 Antwerpen · Board meeting of 10-11-2022 · Gazette deed
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Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ALPHACODE Kapellen | €92,572 | €67,420 | 1.7% | - |
| JVW Solutions Antwerp | €89,883 | €71,929 | 3.7% | - |
| MAM-BA Schilde | €90,392 | €71,866 | 2.2% | - |
| Future State Brasschaat | €97,201 | €66,164 | 2.6% | - |
| VIBESTI Antwerp | €92,022 | €66,919 | 35.8% | - |
| Plantrekkers Antwerp | €87,388 | €63,593 | 5.7% | - |
| ADMIRAAL HR Antwerp | €98,362 | €66,082 | 8.5% | - |
These companies have the same main activity as ALPHACODE: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €87,400 and €98,400, founded between 2019 and 2020.
Official details
Source: KBO- Status
- Active since 07-05-2020Normal situation
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Establishment unit
- 2.302.022.6082950 Kapellen, since 07-05-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 30-12-2024
Annual accounts 2025
- €67,420▼ 43.8%
- €30,055▼ 53.9%
- €1,571▼ 97.6%
- €92,572▼ 27.5%
- Filing
- Filed on 23-02-2026, 158 days before the end of the filing period
Insights on ALPHACODE
ALPHACODE files the micro format. That format states no turnover. The gross margin rose from €57,076 in 2020 to €67,420 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 23-02-2026, 158 days before the deadline€67,420
▼ 43.8%
€44,056
▼ 51.8%
€30,055
▼ 53.9%
-€30,953
▼ €57,253
1.7%
▼ 50.4 percentage points
0.61
▼ 1.16
Turnover 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 31-12-2025What the company ownsHow it is paid for
in 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.
ALPHACODE
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
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.
Board & ownership
Board
1 director, no change since 2023Director (not named in the articles)
since 07-05-2020
term without a fixed end
listed in the 2025 annual accounts, filed on 23-02-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 11-05-2020
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Mandates through the years
2 names, the dashed line is todayDirector (not named in the articles)
Additional director
BoardEarlier
Mandates as a list
-
- Director (not named in the articles), from 07-05-2020 to date
-
- Additional director, from 20-06-2021 to 28-12-2023
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Control
Founder
This company
ALPHACODE
Equity €1,571
Profit €30,055 in 2025
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Capital
- Contribution
- €1,000
- Shares
- 100
- Contribution per share
- €10
- Equity per share
- €15.71 in 2025
- Source
- deed of 11-05-2020
Articles of association
deed of 11-05-2020 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Friday of June at 16:00
Shareholders
At incorporation
deed of 11-05-2020 ↗
- 100 shares (100%) · €1,000
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Network & group
No group
ALPHACODE has no parent and no holdings in its annual accounts. is the only director.
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Earlier ties
via , at ALPHACODE until 2023 · Manager and permanent representative · deed of 08-12-2023 No longer active |
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Connections & network
The network starts from the earlier ties.
This company
Company
Director
Shareholding
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Timeline
Timeline
17 events since 2020Board
Filings
Financial
Establishments
Address
2020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed PDFmicro format · 158 days before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 148 days before the deadline
2024
Highest result from 2020 to 2025 net €65,223 ▲123% The operating result of €91,326 and the net result of €65,223 are both a record.
Liquidity more than triples current ratio 1.77 The current ratio rises from 0.50 to 1.77. Short-term debt falls from €85,839 to €34,174.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0746738959
Registered office moved from Wijnegem to KapellenNew registered office: Sevenhanslei 40 te 2950 Kapellen · Previous registered office: Hippolyte Meeússtraat 52 te 2110 Wijnegem · Board meeting of 17-09-20242 points ▸
- Board meeting, 17-09-2024
- Registered-office move, Sevenhanslei 40 te 2950 Kapellen
Annual accounts 2023 filed PDFmicro format · 49 days before the deadline
Registered office moved from Mechelen to WijnegemNew registered office: Hippolyte Meeusstraat 52 te 2110 Wijnegem · Previous registered office: Polderstraat 48 te 2800 Mechelen · Resignation: (director) · Board meeting of 03-01-20244 points ▸
- Board meeting, 03-01-2024
- Registered-office move, Hippolyte Meeusstraat 52 te 2110 Wijnegem
- Director resignation,
- Director discharge,
2023
Annual accounts 2022 filed PDFmicro format · 18 days before the deadline
2022
Weakest financial year net €1,825 ▼91.7% The net result drops to €1,825, the lowest from 2020 to 2025. It recovers the following year.
Registered office moved from Antwerp to MechelenNew registered office: Polderstraat 48 te 2800 Mechelen · Previous registered office: Lange Herentalsestraat 42 bus 3 te 2018 Antwerpen · Registered office clause: Lange Herentalsebaan 42 bus 3 te 2018 Antwerpen · Board meeting of 10-11-20223 points ▸
- Registered office clause, Lange Herentalsebaan 42 bus 3 te 2018 Antwerpen
- Board meeting, 10-11-2022
- Registered-office move, Polderstraat 48 te 2800 Mechelen
Annual accounts 2021 filed PDFmicro format · 1 day before the deadline
Registered office moved from Mortsel to AntwerpNew registered office: Lange Herentalsestraat 42 bus 3, 2018 Antwerpen · Previous registered office: Edegemsestraat 44 bus 4, 2640 Mortsel · General meeting of 01-03-20222 points ▸
- General meeting, 01-03-2022
- Registered-office move, Lange Herentalsestraat 42 bus 3, 2018 Antwerpen
2021
Appointment: (additional director)General meeting of 20-06-20212 points ▸
- General meeting, 20-06-2021
- Director appointment, (additional director)
Annual accounts 2020 filed PDFmicro format · 33 days before the deadline
2020
IncorporationFounding capital of €1,000, 100 shares · Founder: · Appointment: (director) · published on 11-05-20206 points ▸
- Founder,
- Founding capital, €1,000, 100 shares
- Registered office clause, Edegemsestraat 44 bus 4, 2640 Mortsel
- Board rule, 1
- Director appointment, (director (not named in the articles))
- Power of attorney,
- The deed holds 1 more point.
First establishment Sevenhanslei 40, Kapellen
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Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 7 May 2020, ALPHACODE was incorporated as a private limited company by one natural person, with a starting capital of €1,000.12 Since 2022 the registered office has moved 4 times, most recently to Kapellen in 2024.34 has served as director since 2020.5 Total assets went from €61,092 in 2020 to €92,572 in 2025.6
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Company details
Identity
- Enterprise number
- 0746.738.959
- VAT number
- BE 0746.738.959
- Peppol ID
- 0208:0746738959
- Other Peppol ID
- 9925:BE0746738959
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 07-05-2020
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Friday of June at 16:00deed of 11-05-2020 (in Dutch)
- Peppol
- Reachable since 30-12-2024Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- ALPHACODE in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 11-05-2020 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 11-05-2020 (in Dutch)
Activities
NACEBEL 202570200
Business and other management consultancy main activity
73110
Advertising agencies
Codes under NACEBEL 2008
70220
Business consulting main activity
73110
Advertising, market research and public relations activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “1. de functie van zaakvoerder,bestuurder,vereffenaar,manager of gemandateerde waarnemen evenals elke directie- of controlefunctie in…”deed of 11-05-2020 (in Dutch)
8 activities
- 1. de functie van zaakvoerder,bestuurder,vereffenaar,manager of gemandateerde waarnemen evenals elke directie- of controlefunctie in ondernemingen en vennootschappen.
- 2. consultancy
- 3. programmeren,applicaties ontwikkelen,zowel in dienst van anderen als zelfstandig
- 4. het verkrijgen door aankoop in volle eigendom,in blote eigendom of in tijdelijk vruchtgebruik of anderszins,verkopen,ruilen,verbeteren,uitrusten,verbouwen,belasten met,beschikken over,productief maken,het verhuren en in huur nemen van alle onroerende goederen zowel in België als in het buitenland dus in het algemeen alle onroerende verrichtingen.
- 5. realiseren van digitale oplossingen
- 6. Marketing en events
- 7. Onderhouden van websites en applicaties
- 8. support opdrachten voor reeds gerealiseerde prestaties
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Sevenhanslei 40 registered office 2950 Kapellen | 07-05-2020 | 2.302.022.608 |
4 former offices
- Hippolyte Meeússtraat 52, 2110 Wijnegem until 17-09-2024 · deed of 04-12-2024
- Polderstraat 48, 2800 Mechelen until 22-11-2023 · deed of 23-01-2024
- Lange Herentalsestraat 42 bus 3, 2018 Antwerpen until 15-07-2022 · deed of 09-12-2022
- Edegemsestraat 44 bus 4, 2640 Mortsel until 01-03-2022 · deed of 17-05-2022
Buildings and parcels at the address
- Ground area
- 311 m²
- Buildings
- 88 m²
- Volume, LiDAR
- 494 m³
- Tallest building
- 10.7 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11902E0066/00V010 | 311 m² | 1 · 88 m² | 10.7 m · 2 |