ALPHALOGIC
ActiveSummary
ALPHALOGIC has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €100,988 and a net result of -€16,099. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 89% of 8115 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability2▼-78
Solvency100=
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 7.25 against 8.94 in 2024; short-term debt: 13.6% and cash: 37.1% of total assets), and 13.8% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-09-2026, 44 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 · 10 filingsDeviation from the deadline
2025
44 d late
2024
45 d late
2023
19 d late
2022
2 d late
2021
30 d late
2020
65 d late
2019
62 d late
← 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 38 days after 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#9 oldest company in Celles, Wholesale and retail trade sector
Equity
€100,988▼ 13.7%
2024 · €117,087
Total assets
€117,140▼ 11.0%
2024 · €131,621
Net result
-€16,099
2024 · €11,651
Working capital
€99,573▼ 13.2%
2024 · €114,779
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
Line20212022202320242025
Operating result€131▼ 98.8%-€5,859-€162▲ 97.2%€14,603-€16,236
Net result-€1,563-€7,267▼ 365%-€1,426▲ 80.4%€11,651-€16,099
Equity€114,128▼ 1.4%€106,861▼ 6.4%€105,435▼ 1.3%€117,087▲ 11.1%€100,988▼ 13.7%
Total assets€137,000▼ 4.6%€133,321▼ 2.7%€144,164▲ 8.1%€131,621▼ 8.7%€117,140▼ 11.0%
Debt€22,872▼ 18.1%€26,460▲ 15.7%€38,728▲ 46.4%€14,534▼ 62.5%€16,153▲ 11.1%
Working capital€114,064▼ 1.6%€106,890▼ 6.3%€104,774▼ 2.0%€114,779▲ 9.5%€99,573▼ 13.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €16,236 after €14,603 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €117,140
Fixed assets
€1,643 ▼ 31.1%
Current assets
€115,497 ▼ 10.6%
Equity and liabilities €117,140
Equity
€100,988 ▼ 13.7%
Debt
€16,153 ▲ 11.1%
Debt's share of the balance-sheet total rises from 11.0% to 13.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€15,496▼
2024 · €15,102
Cash flow
-€15,359▼
2024 · €12,151
Current ratio
7.25▼
2024 · 8.94
Quick ratio
6.67▼
2024 · 8.17
Debt to equity
0.16▲
2024 · 0.12
ROE
-15.9%▼
2024 · 10.0%
ROA
-13.7%▼
2024 · 8.9%
Interest coverage
-285.85▼
2024 · 44.17
Debt ≤ 1 year
€15,924▲
2024 · €14,458
Income taxes
€139▼
2024 · €2,632
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,827 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.5%
went bankrupt
14%
stopped otherwise
84%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,827 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €295 | €499 | €740 | ▲ 48.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€727 | €4,668 | -€379 | - | - |
| Other operating charges640/8 | €779 | €858 | €893 | €769 | €965 | ▲ 25.5% |
| Gross operating margin9900 | €910 | -€5,728 | €5,694 | €15,493 | -€14,530 | ▼ 194% |
| Operating profit (loss)9901 | €131 | -€5,859 | -€162 | €14,603 | -€16,236 | ▼ 211% |
| Financial income75/76B | €7 | €12 | €243 | €23 | €330 | ▲ 1,358% |
| Recurring financial income75 | €7 | €12 | €243 | €23 | €330 | ▲ 1,358% |
| Financial charges65/66B | €446 | €932 | €281 | €342 | €54 | ▼ 84.1% |
| Recurring financial charges65 | €446 | €932 | €281 | €342 | €54 | ▼ 84.1% |
| Profit (loss) for the period before taxes9903 | -€307 | -€6,779 | -€200 | €14,284 | -€15,960 | ▼ 212% |
| Income taxes67/77 | €1,256 | €488 | €1,226 | €2,632 | €139 | ▼ 94.7% |
| Profit (loss) for the period9904 | -€1,563 | -€7,267 | -€1,426 | €11,651 | -€16,099 | ▼ 238% |
| Profit (loss) for the period to be appropriated9905 | -€1,563 | -€7,267 | -€1,426 | €11,651 | -€16,099 | ▼ 238% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €137,000 | €133,321 | €144,164 | €131,621 | €117,140 | ▼ 11.0% |
| Fixed assets21/28 | €121 | €121 | €792 | €2,383 | €1,643 | ▼ 31.1% |
| Tangible fixed assets22/27 | - | - | €671 | €2,262 | €1,522 | ▼ 32.7% |
| Plant, machinery and equipment23 | - | - | - | €1,913 | €1,495 | ▼ 21.9% |
| Furniture and vehicles24 | - | - | €671 | €349 | €27 | ▼ 92.3% |
| Financial fixed assets28 | €121 | €121 | €121 | €121 | €121 | = |
| Current assets29/58 | €136,879 | €133,200 | €143,371 | €129,237 | €115,497 | ▼ 10.6% |
| Stocks and contracts in progress3 | €17,923 | €15,451 | €15,923 | €11,108 | €9,323 | ▼ 16.1% |
| Stocks30/36 | €17,923 | €15,451 | €15,923 | €11,108 | €9,323 | ▼ 16.1% |
| Amounts receivable within one year40/41 | €81,292 | €77,333 | €101,364 | €56,546 | €62,282 | ▲ 10.1% |
| Trade receivables40 | €54,239 | €46,870 | €70,901 | €25,247 | €31,612 | ▲ 25.2% |
| Other amounts receivable41 | €27,053 | €30,463 | €30,463 | €31,298 | €30,669 | ▼ 2.0% |
| Cash at bank and in hand54/58 | €37,507 | €40,304 | €25,914 | €61,162 | €43,440 | ▼ 29.0% |
| Deferred charges and accrued income490/1 | €156 | €112 | €170 | €422 | €452 | ▲ 7.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €137,000 | €133,321 | €144,164 | €131,621 | €117,140 | ▼ 11.0% |
| Equity10/15 | €114,128 | €106,861 | €105,435 | €117,087 | €100,988 | ▼ 13.7% |
| Contributions10/11 | €76,847 | €76,847 | €76,847 | €76,847 | €76,847 | = |
| Capital10 | €76,847 | €76,847 | €76,847 | €76,847 | €76,847 | = |
| Issued capital100 | €76,847 | €76,847 | €76,847 | €76,847 | €76,847 | = |
| Reserves13 | €15,169 | €15,169 | €15,169 | €15,169 | €15,169 | = |
| Non-distributable reserves130/1 | €7,685 | €7,685 | €7,685 | €7,685 | €7,685 | = |
| Legal reserve130 | €7,685 | €7,685 | €7,685 | €7,685 | €7,685 | = |
| Tax-exempt reserves132 | €3,741 | €3,741 | €3,741 | €3,741 | €3,741 | = |
| Distributable reserves133 | €3,742 | €3,742 | €3,742 | €3,742 | €3,742 | = |
| Profit (loss) carried forward14 | €22,113 | €14,846 | €13,420 | €25,071 | €8,972 | ▼ 64.2% |
| Amounts payable17/49 | €22,872 | €26,460 | €38,728 | €14,534 | €16,153 | ▲ 11.1% |
| Amounts payable within one year42/48 | €22,815 | €26,310 | €38,597 | €14,458 | €15,924 | ▲ 10.1% |
| Trade debts44 | €12,326 | €18,687 | €35,510 | €12,995 | €12,124 | ▼ 6.7% |
| Suppliers440/4 | €12,326 | €18,687 | €35,510 | €12,995 | €12,124 | ▼ 6.7% |
| Taxes, remuneration and social security45 | €10,151 | €7,623 | €3,088 | €1,463 | €3,800 | ▲ 160% |
| Taxes450/3 | €10,151 | €2,631 | €3,088 | €1,463 | €3,800 | ▲ 160% |
| Remuneration and social security454/9 | - | €4,991 | - | - | - | - |
| Other amounts payable47/48 | €338 | - | - | - | - | - |
| Accrued charges and deferred income492/3 | €57 | €150 | €131 | €76 | €229 | ▲ 202% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,563 | -€7,267 | -€1,426 | €11,651 | -€16,099 | ▼ 238% |
| + Depreciation and write-downs630 | - | - | €295 | €499 | €740 | ▲ 48.3% |
| Operating cash flow (approximation) | -€1,563 | -€7,267 | -€1,131 | €12,151 | -€15,359 | ▼ 226% |
| Investment in fixed assets (approximation) | - | €0 | -€966 | -€2,090 | €0 | ▲ 100% |
| Change in cash | - | €2,797 | -€14,390 | €35,248 | -€17,722 | ▼ 150% |
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
Next filing, fiscal year 2026, expected by
2026
13-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 44 days late
2025
31-12
Financial
Weakest financial yearnet -€16,099
Net result drops to -€16,099, the lowest in the series.
14-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 45 days late
2024
31-12
Financial
Back to profitnet €11,651
Net result €11,651 after 3 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 8.94
Current ratio from 3.71 to 8.94; short-term debt falls from €38,597 to €14,458.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
04-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 65 days late
2020
31-12
Financial
Back to profitnet €8,994
Net result €8,994 after one loss-making year.
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 62 days late
2019
20-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 51 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
26-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Celles (lez-Tournai) · 1 establishment unit since 2000
Ground area
426 m²
Building footprint
60 m²
Volume, LiDAR
426 m³
Parcel 57067A0600/00A002, Wallonia · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bazin (POT) 18, 7760 Celles (lez-Tournai)
since 20002.093.832.892
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57067A0600/00A002 | Wallonia | 426 m² | 1 · 60 m² | 9.1 m · 2 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.
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Of 2,119 companies in sector 46500 we hold annual accounts for 1,403. 1,015 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded12-04-2000
Fiscal year end31-12
Activities, NACEBEL 2025
46500Wholesale of information and communication equipment
26200Manufacture of computer, electronic and optical products
43240Other construction installation
43320Joinery installation
47400Retail sale of information and communication equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0471674871
Registered
09-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.