ALPHACONN
ActiveSummary
The computed 12-month bankruptcy probability of ALPHACONN is 2.5% (moderate). The 2024 annual accounts show equity of €68k and a net result of €59k. Its solvency ranks better than 40% of 9982 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+27
Solvency58▲+26
Growth78
Track record94
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.88 against 0.6 in 2023; short-term debt: 42.1% and cash: 26% of total assets), and 66.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
33.1%
Return on assets
28.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
68 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€68k▲ 643%
2023 · €9k
2023: €9k
2024: €68k▲ +643% vs 2023
2023 → 2024
Total assets
€206k▲ 53.7%
2023 · €134k
2023: €134k
2024: €206k▲ +53.7% vs 2023
2023 → 2024
Net result
€59k▲ 1,312%
2023 · €4k
2023: €4k
2024: €59k▲ +1312% vs 2023
2023 → 2024
Working capital
€-10k▲ 64.8%
2023 · €-30k
2023: €-30k
2024: €-10k▲ +64.8% vs 2023
2023 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€9k-€68k▲ 643%
2023: €9k
2024: €68k▲ +643% vs 2023
Operating result€6k-€79k▲ 1,146%
2023: €6k
2024: €79k▲ +1146% vs 2023
Net result€4k-€59k▲ 1,312%
2023: €4k
2024: €59k▲ +1312% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 1,146% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €205k
Fixed assets
€129k ▲ 46.6%
Current assets
€76k ▲ 69.5%
Equity and liabilities €206k
Equity
€68k ▲ 643%
Debt
€138k ▲ 10.4%
Debt's share of the balance-sheet total falls from 93.1% to 66.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€115k▲
2023 · €12k
Cash flow
€94k▲
2023 · €10k
Current ratio
0.88▲
2023 · 0.60
Debt to equity
2.02▼
2023 · 13.59
ROE
86.5%▲
2023 · 45.5%
ROA
28.6%▲
2023 · 3.1%
Interest coverage
25.98▲
2023 · 21.40
Debt ≤ 1 year
€87k▲
2023 · €75k
Debt > 1 year
€51k▲
2023 · €50k
Income taxes
€16k▲
2023 · €2k
Staff costs
€142k▲
2023 · €75k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€134k€206k▲
Formation expenses20€962€714▼
Fixed assets21/28€88k€129k▲
Tangible fixed assets22/27€88k€125k▲
Plant, machinery and equipment23€6k€12k▲
Furniture and vehicles24€82k€110k▲
Other tangible fixed assets26-€3k
Financial fixed assets28-€4k
Current assets29/58€45k€76k▲
Amounts receivable within one year40/41€43k€22k▼
Trade receivables40€22k€11k▼
Other amounts receivable41€21k€11k▼
Cash at bank and in hand54/58€1k€54k▲
Deferred charges and accrued income490/1€656€856▲
Equity and liabilities
Total equity and liabilities10/49€134k€206k▲
Equity10/15€9k€68k▲
Contributions10/11€5k€5k=
Reserves13€4k€4k=
Distributable reserves133€4k€4k=
Profit (loss) carried forward14-€59k
Amounts payable17/49€125k€138k▲
Amounts payable after more than one year17€50k€51k▲
Financial debts170/4€50k€51k▲
Amounts payable within one year42/48€75k€87k▲
Current portion of amounts payable after more than one year42€16k€27k▲
Trade debts44€28k€24k▼
Suppliers440/4€28k€24k▼
Taxes, remuneration and social security45€15k€35k▲
Taxes450/3€2k€18k▲
Remuneration and social security454/9€13k€17k▲
Other amounts payable47/48€16k-
Income statement
Code20232024
Remuneration, social security and pensions62€75k€142k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€35k▲
Other operating charges640/8€812€3k▲
Gross operating margin9900€88k€260k▲
Operating profit (loss)9901€6k€79k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€558€4k▲
Recurring financial charges65€558€4k▲
Profit (loss) for the period before taxes9903€6k€75k▲
Income taxes67/77€2k€16k▲
Profit (loss) for the period9904€4k€59k▲
Profit (loss) for the period to be appropriated9905€4k€59k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4k€59k▲
Transfer to equity691/2€4k-
To other reserves6921€4k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €75k | €142k | ▲ 89.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €35k | ▲ 534% |
| Other operating charges640/8 | €812 | €3k | ▲ 295% |
| Gross operating margin9900 | €88k | €260k | ▲ 196% |
| Operating profit (loss)9901 | €6k | €79k | ▲ 1,146% |
| Financial income75/76B | - | €0 | - |
| Recurring financial income75 | - | €0 | - |
| Financial charges65/66B | €558 | €4k | ▲ 691% |
| Recurring financial charges65 | €558 | €4k | ▲ 691% |
| Profit (loss) for the period before taxes9903 | €6k | €75k | ▲ 1,190% |
| Income taxes67/77 | €2k | €16k | ▲ 878% |
| Profit (loss) for the period9904 | €4k | €59k | ▲ 1,312% |
| Profit (loss) for the period to be appropriated9905 | €4k | €59k | ▲ 1,312% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €134k | €206k | ▲ 53.7% |
| Formation expenses20 | €962 | €714 | ▼ 25.8% |
| Fixed assets21/28 | €88k | €129k | ▲ 46.6% |
| Tangible fixed assets22/27 | €88k | €125k | ▲ 41.7% |
| Plant, machinery and equipment23 | €6k | €12k | ▲ 119% |
| Furniture and vehicles24 | €82k | €110k | ▲ 33.0% |
| Other tangible fixed assets26 | - | €3k | - |
| Financial fixed assets28 | - | €4k | - |
| Current assets29/58 | €45k | €76k | ▲ 69.5% |
| Amounts receivable within one year40/41 | €43k | €22k | ▼ 49.2% |
| Trade receivables40 | €22k | €11k | ▼ 49.1% |
| Other amounts receivable41 | €21k | €11k | ▼ 49.4% |
| Cash at bank and in hand54/58 | €1k | €54k | ▲ 4,059% |
| Deferred charges and accrued income490/1 | €656 | €856 | ▲ 30.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €134k | €206k | ▲ 53.7% |
| Equity10/15 | €9k | €68k | ▲ 643% |
| Contributions10/11 | €5k | €5k | = |
| Reserves13 | €4k | €4k | = |
| Distributable reserves133 | €4k | €4k | = |
| Profit (loss) carried forward14 | - | €59k | - |
| Amounts payable17/49 | €125k | €138k | ▲ 10.4% |
| Amounts payable after more than one year17 | €50k | €51k | ▲ 1.8% |
| Financial debts170/4 | €50k | €51k | ▲ 1.8% |
| Amounts payable within one year42/48 | €75k | €87k | ▲ 16.2% |
| Current portion of amounts payable after more than one year42 | €16k | €27k | ▲ 74.6% |
| Trade debts44 | €28k | €24k | ▼ 12.9% |
| Suppliers440/4 | €28k | €24k | ▼ 12.9% |
| Taxes, remuneration and social security45 | €15k | €35k | ▲ 134% |
| Taxes450/3 | €2k | €18k | ▲ 635% |
| Remuneration and social security454/9 | €13k | €17k | ▲ 37.4% |
| Other amounts payable47/48 | €16k | - | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €59k | ▲ 1,312% |
| + Depreciation and write-downs630 | €6k | €35k | ▲ 534% |
| Operating cash flow (approximation) | €10k | €94k | ▲ 867% |
| Investment in fixed assets (approximation) | - | €-76k | - |
| Change in cash | - | €52k | - |
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
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
24-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Waasmunster · 1 establishment unit since 2022
Ground area
885 m²
Building footprint
147 m²
Volume, LiDAR
602 m³
Parcel 42023A0665/00G000, Flanders · tallest building 5.5 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Grote Baan 10, 9250 Waasmunster
since 20222.338.571.218
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42023A0665/00G000 | Flanders | 885 m² | 1 · 147 m² | 5.5 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 758 EUR awarded · 566 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 330 EUR | 330 EUR |
| 2024 | 1 | 192 EUR | 0 EUR |
| 2023 | 1 | 236 EUR | 236 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 13,224 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
Founded23-11-2022
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43990Other specialised construction activities
43110Demolition
43120Site preparation
46831Wholesale of construction materials, general range
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.