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ALPHADENT

Active
Public limited companyfounded 197551 yrs activeMannebeekstraat 33, 8790 Waregem, BelgiumKBO/BCE: BE 0414.789.321
Summary

ALPHADENT has been active since 1975 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €7.5m and a net result of €278,380. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 9085 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Wholesale of pharmaceutical and medical goods
NACE 46460NACE 51460
1 site
Size
€2.4mturnover 2024
Staff
4 FTE
Equity
€7.5m
Profit
€278,380
Net result +201%: other schema
Financial health
96 Excellent Checked score 2024
Bankruptcy chance 12 m
0.1%
Structure
Parent
ARSEUS LAB · 99.98%
Accounts 6 d early0 of 26 deeds read
Why 96- Figures for FY 2024 (filed 22-07-2025)+ Founded in 1975+ Liquidity: current ratio 26.99, cash €7.5m+ Equity €7.5m (95.7% of total assets)Show the evidence

Checked score

Score 2024
96 / 100
Excellent
Probability in this band: under 0.55%
Better than 67% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency 100=
equity 95.7% of total assets
Liquidity 100=
short-term debt 3.7% · cash 96.2%
Profitability 63+46
return on assets 3.6%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,765 companies)
Last 11 months 12-2025: < 0.1% 01-2026: < 0.1%▼ -3.3% vs 12-2025 02-2026: < 0.1%● 0.0% vs 01-2026 03-2026: < 0.1%● 0.0% vs 02-2026 04-2026: < 0.1%▼ -3.4% vs 03-2026lowest value 05-2026: < 0.1%▲ +3.6% vs 04-2026 06-2026: < 0.1%● 0.0% vs 05-2026 07-2026: < 0.1%▲ +6.9% vs 06-2026 08-2026: < 0.1%▲ +35.5% vs 07-2026 09-2026: < 0.1%▲ +9.5% vs 08-2026 10-2026: 0.1%▲ +60.9% vs 09-2026highest value
  • Figures for FY 2024 (filed 22-07-2025) raises the probability
  • Founded in 1975 lowers the probability for this profile
  • Liquidity: current ratio 26.99, cash €7.5m lowers the probability
  • Equity €7.5m (95.7% of total assets) lowers the probability
Credit up to €230,000 at 30 days acceptable
Liquidity ample (current ratio 26.99 against 13.07 in 2023; short-term debt: 3.7% and cash: 96.2% of total assets), and 4.3% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 90%, liquidity 98%, profitability 46%, growth against the median 34%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 22-07-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1975
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Liquidity: current ratio 26.99, cash €7.5m
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Equity €7.5m (95.7% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 28-12-2024 was due by 28-07-2025 and was filed on 22-07-2025, 6 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2024
6 d early
2023
48 d early
2022
40 d early
2021
39 d early
2020
31 d early
2019
33 d early
2018
32 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 33 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · abbreviated…
  2. Annual accounts filedfiscal year 2023 · full…
  3. Liquidity doublescurrent ratio 26.99

Key points

  • Positive: Result rose in 2024different schema filed ▲ 201% View
  • Positive: Among the best 5% on solvencysector median 44.1% · 9,085 companies 95.7% View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Controlled by ARSEUS LAB 99.98% View
  • Positive: 7 profitable years in a rowprofit 2024: €278,380 7 years View
  • Active since 1975founded 27-01-1975 51 years View

By topic

Financials

Fiscal year
2024
Turnover
€2.4m
Profit
€278,380
Solvency
95.7%
Turnover▼ 28.6%
Net result
20232024
Go to Financials

Timeline

Events
12
Since
2017
  1. 22-07-2025Annual accounts filed
  2. 23-01-2025Annual accounts filed
  3. 28-12-2024Liquidity doubles
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale of pharmaceutical and medical goodsNACE 46460
Founded
27-01-1975
Year ends
28-12
Peppol
Reachable for e-invoices
Go to Company details

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