ALPHACORP
ActiveSummary
The computed 12-month bankruptcy probability of ALPHACORP is 20.2% (high). For ALPHACORP, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €20,228 and a net result of -€32,863. Equity is shrinking by ~15.3% per year across the filed fiscal years. The company has been active since 2016 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Axes, FY 2021 · tick = 2020
Profitability0▼-28
Solvency64▼-25
Growth32=
Track record84
Bankruptcy probability, 12 months
20.2%
High
0%0.5%1.5%4%10%≥ 25%
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Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2021Solvency, return and age of the figures
Solvency
38.8%
Return on assets
-63.1%
Age of the figures
57 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline27-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 23-08-2022, 23 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
23 d late
2020
28 d late
2019
92 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 48 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Late accounts filingAddress struck
History
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Financials · fiscal year 2021, micro schema
Equity
€20,228▼ 61.9%
2020 · €53,091
Total assets
€52,080▼ 36.8%
2020 · €82,348
Net result
-€32,863▼ 899%
2020 · -€3,291
Working capital
€15,880▼ 67.6%
2020 · €48,968
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result€29,889--€3,268-€1,288▲ 60.6%-€31,577▼ 2,352%
Net result€21,593--€4,364-€3,291▲ 24.6%-€32,863▼ 899%
Equity€54,546-€50,182▼ 8.0%€53,091▲ 5.8%€20,228▼ 61.9%
Total assets€67,190-€81,571▲ 21.4%€82,348▲ 1.0%€52,080▼ 36.8%
Debt€12,644-€31,389▲ 148%€29,257▼ 6.8%€31,853▲ 8.9%
Working capital€50,700-€42,460▼ 16.3%€48,968▲ 15.3%€15,880▼ 67.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €31,577 in 2021 against €1,288 in 2020; the loss grows and 2021 has the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €52,080
Fixed assets
€19,940 ▼ 18.5%
Current assets
€32,141 ▼ 44.5%
Equity and liabilities €52,080
Equity
€20,228 ▼ 61.9%
Debt
€31,853 ▲ 8.9%
Debt's share of the balance-sheet total rises from 35.5% to 61.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€22,548▼
2020 · €6,523
Cash flow
-€23,835▼
2020 · €4,520
Current ratio
1.98▼
2020 · 6.49
Debt to equity
1.57▲
2020 · 0.38
ROE
-162.5%▼
2020 · -6.2%
ROA
-63.1%▼
2020 · -4.0%
Interest coverage
-18.34
Debt ≤ 1 year
€16,261▲
2020 · €8,912
Debt > 1 year
€15,592▼
2020 · €20,345
Income taxes
€57▼
2020 · €220
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,564 | €6,211 | €7,811 | €9,029 | ▲ 15.6% |
| Other operating charges640/8 | - | - | - | €440 | - |
| Gross operating margin9900 | €31,885 | €5,876 | €6,960 | -€22,108 | ▼ 418% |
| Operating profit (loss)9901 | €29,889 | -€3,268 | -€1,288 | -€31,577 | ▼ 2,352% |
| Recurring financial income75 | €183 | €404 | €12 | - | - |
| Financial charges65/66B | - | - | - | €1,229 | - |
| Recurring financial charges65 | €155 | €1,614 | €1,795 | €1,229 | ▼ 31.5% |
| Profit (loss) for the period before taxes9903 | €29,917 | -€4,478 | -€3,071 | -€32,806 | ▼ 968% |
| Income taxes67/77 | €8,324 | -€114 | €220 | €57 | ▼ 73.9% |
| Profit (loss) for the period9904 | €21,593 | -€4,364 | -€3,291 | -€32,863 | ▼ 899% |
| Profit (loss) for the period to be appropriated9905 | €21,593 | -€4,364 | -€3,291 | -€32,863 | ▼ 899% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €67,190 | €81,571 | €82,348 | €52,080 | ▼ 36.8% |
| Fixed assets21/28 | €3,846 | €32,279 | €24,468 | €19,940 | ▼ 18.5% |
| Tangible fixed assets22/27 | €3,846 | €32,279 | €24,468 | €19,940 | ▼ 18.5% |
| Furniture and vehicles24 | - | - | - | €19,940 | - |
| Current assets29/58 | €63,344 | €49,292 | €57,880 | €32,141 | ▼ 44.5% |
| Amounts receivable within one year40/41 | €30,706 | €21,304 | €22,633 | €28,157 | ▲ 24.4% |
| Trade receivables40 | - | - | - | €28,157 | - |
| Cash at bank and in hand54/58 | €32,638 | €27,988 | €35,247 | €3,983 | ▼ 88.7% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €67,190 | €81,571 | €82,348 | €52,080 | ▼ 36.8% |
| Equity10/15 | €54,546 | €50,182 | €53,091 | €20,228 | ▼ 61.9% |
| Contributions10/11 | €12,400 | €12,400 | - | €18,600 | - |
| Reserves13 | €39,860 | €36,860 | €36,860 | €36,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | - |
| Distributable reserves133 | - | - | - | €35,000 | - |
| Profit (loss) carried forward14 | €2,286 | €922 | -€2,369 | -€35,232 | ▼ 1,387% |
| Amounts payable17/49 | €12,644 | €31,389 | €29,257 | €31,853 | ▲ 8.9% |
| Amounts payable after more than one year17 | - | €24,557 | €20,345 | €15,592 | ▼ 23.4% |
| Financial debts170/4 | - | - | - | €15,592 | - |
| Amounts payable within one year42/48 | €12,644 | €6,832 | €8,912 | €16,261 | ▲ 82.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €4,753 | - |
| Trade debts44 | €573 | €363 | €1,320 | €17 | ▼ 98.7% |
| Suppliers440/4 | - | - | - | €17 | - |
| Taxes, remuneration and social security45 | - | - | - | €1,873 | - |
| Taxes450/3 | - | - | - | €1,873 | - |
| Other amounts payable47/48 | - | - | - | €9,617 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,593 | -€4,364 | -€3,291 | -€32,863 | ▼ 899% |
| + Depreciation and write-downs630 | €1,564 | €6,211 | €7,811 | €9,029 | ▲ 15.6% |
| Operating cash flow (approximation) | €23,157 | €1,847 | €4,520 | -€23,835 | ▼ 627% |
| Investment in fixed assets (approximation) | - | -€34,644 | €0 | -€4,500 | - |
| Change in cash | - | -€4,650 | €7,259 | -€31,264 | ▼ 531% |
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
2026
28-08
KBO administration
Late accounts filing
event 18-08-2026
29-06
KBO administration
Address struck
Jean Lageystraat 29 L’adresse du siège Rue Jean Lagey 29 1070 Die Sitzadresse Rue Jean Lagey / Jean
1070 Anderlecht werd doorgehaald met ingang Anderlecht · event 13-06-2026
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-12
Financial
Weakest financial yearnet -€32,863
Net result drops to -€32,863, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
24-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 24 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Anderlecht · 1 establishment unit since 2016
Ground area
160 m²
Building footprint
41 m²
Volume, LiDAR
320 m³
Parcel 21308H0035/00W005, Brussels · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Establishment
since 20162.259.645.682
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21308H0035/00W005 | Brussels | 159 m² | 1 · 41 m² | 9.7 m · 3 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.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded14-12-2016
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.