ALPHATEAM
ActiveSummary
ALPHATEAM has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €173,641 and a net result of €1,190. Equity is growing by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 14% of 5998 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability37▼-32
Solvency35▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity tight (current ratio 1.14 against 1.15 in 2023; short-term debt: 38.2% and cash: 6.6% of total assets), and 90.1% 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 →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 5998 sector peers (2024).
NBB · sector comparisonPosition among 5998 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
not confirmed
2024
61 d late
2023
68 d late
2022
57 d late
2021
67 d late
2020
89 d late
2019
108 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 75 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 (1)
History
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Financials · fiscal year 2024, full schema
Turnover
€1.5m
EBIT margin
1.2%
Net result
€1,190▼ 42.6%
2023 · €2,073
Working capital
€96,039▲ 35.1%
2023 · €71,102
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
Line20202021202220232024
Turnover
Operating result€18,223€1,483▼ 91.9%€102,263▲ 6,797%€12,016▼ 88.2%€62,554▲ 421%
Net result€10,289-€6,303€73,392€2,073▼ 97.2%€1,190▼ 42.6%
EBIT margin
Equity€103,289▲ 11.1%€96,986▼ 6.1%€170,379▲ 75.7%€172,451▲ 1.2%€173,641▲ 0.7%
Total assets€558,938▲ 51.6%€363,236▼ 35.0%€749,496▲ 106%€1.6m▲ 113%€1.8m▲ 9.9%
Debt€455,649▲ 65.3%€266,250▼ 41.6%€579,117▲ 118%€1.4m▲ 146%€1.6m▲ 11.1%
Working capital€20,267▼ 68.7%€30,451▲ 50.2%€120,691▲ 296%€71,102▼ 41.1%€96,039▲ 35.1%
Staff (FTE)1.8▲ 80.0%2.4▲ 33.3%2.3▼ 4.2%3.3▲ 43.5%4.1▲ 24.2%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 421% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.8m
Fixed assets
€987,878 ▼ 5.5%
Current assets
€765,168 ▲ 39.4%
Equity and liabilities €1.8m
Equity
€173,641 ▲ 0.7%
Debt
€1.6m ▲ 11.1%
Debt's share of the balance-sheet total rises from 89.2% to 90.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€111,543▲
2023 · €67,420
Cash flow
€50,179▼
2023 · €57,476
Current ratio
1.14▼
2023 · 1.15
Quick ratio
0.72▲
2023 · 0.72
Debt to equity
9.10▲
2023 · 8.25
ROE
0.7%▼
2023 · 1.2%
ROA
0.1%▼
2023 · 0.1%
Interest coverage
2.17▼
2023 · 9.78
Debt ≤ 1 year
€669,129▲
2023 · €477,648
Debt > 1 year
€907,019▼
2023 · €944,518
Income taxes
€9,938▲
2023 · €3,052
Staff costs
€208,901▲
2023 · €164,199
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,081 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 97% are still going.
- Micro
- 20 years or older
- solvency under 10%
- a profit under 5% of the balance sheet
0.8%
went bankrupt
2.2%
stopped otherwise
97%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 1,081 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €116,113 | €133,928 | €164,199 | €208,901 | ▲ 27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,363 | €18,686 | €18,573 | €55,403 | €48,989 | ▼ 11.6% |
| Other operating charges640/8 | - | €6,515 | €6,072 | €9,419 | €19,326 | ▲ 105% |
| Gross operating margin9900 | €102,123 | €142,797 | €260,836 | €241,038 | €339,770 | ▲ 41.0% |
| Operating profit (loss)9901 | €18,223 | €1,483 | €102,263 | €12,016 | €62,554 | ▲ 421% |
| Financial income75/76B | - | €820 | €14,873 | €4 | €4 | ▲ 5.7% |
| Recurring financial income75 | €1,463 | €820 | €14,873 | €4 | €4 | ▲ 5.7% |
| Financial charges65/66B | - | €6,393 | €8,622 | €6,895 | €51,430 | ▲ 646% |
| Recurring financial charges65 | €7,631 | €6,393 | €8,622 | €6,895 | €51,430 | ▲ 646% |
| Profit (loss) for the period before taxes9903 | €12,055 | -€4,090 | €108,513 | €5,125 | €11,128 | ▲ 117% |
| Income taxes67/77 | €1,766 | €2,213 | €35,121 | €3,052 | €9,938 | ▲ 226% |
| Profit (loss) for the period9904 | €10,289 | -€6,303 | €73,392 | €2,073 | €1,190 | ▼ 42.6% |
| Profit (loss) for the period to be appropriated9905 | €13,289 | -€6,303 | €73,392 | €2,073 | €1,190 | ▼ 42.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €558,938 | €363,236 | €749,496 | €1.6m | €1.8m | ▲ 9.9% |
| Fixed assets21/28 | €83,022 | €66,535 | €49,688 | €1.0m | €987,878 | ▼ 5.5% |
| Intangible fixed assets21 | €37,879 | €28,915 | €19,951 | €10,987 | €2,827 | ▼ 74.3% |
| Tangible fixed assets22/27 | €36,142 | €28,620 | €20,736 | €1.0m | €985,051 | ▼ 4.0% |
| Land and buildings22 | - | €1,200 | €1,000 | €1.0m | €966,674 | ▼ 3.7% |
| Plant, machinery and equipment23 | - | €4,077 | €2,712 | €4,353 | €3,518 | ▼ 19.2% |
| Furniture and vehicles24 | - | €23,344 | €17,025 | €1,079 | €504 | ▼ 53.3% |
| Leasing and similar rights25 | - | - | - | €16,411 | €14,355 | ▼ 12.5% |
| Financial fixed assets28 | €9,000 | €9,000 | €9,000 | €9,000 | €0 | ▼ 100% |
| Current assets29/58 | €475,917 | €296,701 | €699,808 | €548,750 | €765,168 | ▲ 39.4% |
| Amounts receivable after more than one year29 | - | €34,986 | €20,539 | €0 | - | - |
| Other amounts receivable291 | - | €34,986 | €20,539 | €0 | - | - |
| Stocks and contracts in progress3 | €32,000 | €36,500 | €140,683 | €203,837 | €281,348 | ▲ 38.0% |
| Stocks30/36 | - | €36,500 | €140,683 | €203,837 | €281,348 | ▲ 38.0% |
| Amounts receivable within one year40/41 | €381,169 | €202,075 | €342,855 | €294,833 | €361,269 | ▲ 22.5% |
| Trade receivables40 | - | €202,075 | €334,180 | €282,833 | €348,079 | ▲ 23.1% |
| Other amounts receivable41 | - | €0 | €8,675 | €12,000 | €13,191 | ▲ 9.9% |
| Cash at bank and in hand54/58 | €30,975 | €20,798 | €188,755 | €35,303 | €116,451 | ▲ 230% |
| Deferred charges and accrued income490/1 | - | €2,341 | €6,976 | €14,778 | €6,100 | ▼ 58.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €558,938 | €363,236 | €749,496 | €1.6m | €1.8m | ▲ 9.9% |
| Equity10/15 | €103,289 | €96,986 | €170,379 | €172,451 | €173,641 | ▲ 0.7% |
| Contributions10/11 | - | €16,423 | €16,423 | €16,423 | €16,423 | = |
| Reserves13 | €1,859 | €1,859 | €75,252 | €77,325 | €77,325 | = |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | - | - | - |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | - | - | - |
| Distributable reserves133 | - | - | €73,392 | €77,325 | €77,325 | = |
| Profit (loss) carried forward14 | €85,007 | €78,704 | €78,704 | €78,704 | €79,894 | ▲ 1.5% |
| Amounts payable17/49 | €455,649 | €266,250 | €579,117 | €1.4m | €1.6m | ▲ 11.1% |
| Amounts payable after more than one year17 | - | - | - | €944,518 | €907,019 | ▼ 4.0% |
| Financial debts170/4 | - | - | - | €944,518 | €907,019 | ▼ 4.0% |
| Amounts payable within one year42/48 | €455,649 | €266,250 | €579,117 | €477,648 | €669,129 | ▲ 40.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €28,932 | €42,499 | ▲ 46.9% |
| Trade debts44 | €429,734 | €237,618 | €524,168 | €318,688 | €512,909 | ▲ 60.9% |
| Suppliers440/4 | - | €237,618 | €524,168 | €318,688 | €512,909 | ▲ 60.9% |
| Taxes, remuneration and social security45 | - | €28,632 | €54,949 | €91,075 | €61,195 | ▼ 32.8% |
| Taxes450/3 | - | €9,839 | €38,634 | €72,605 | €31,582 | ▼ 56.5% |
| Remuneration and social security454/9 | - | €18,793 | €16,315 | €18,470 | €29,613 | ▲ 60.3% |
| Other amounts payable47/48 | - | - | - | €38,952 | €52,525 | ▲ 34.8% |
| Accrued charges and deferred income492/3 | - | - | - | - | €3,257 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,289 | -€6,303 | €73,392 | €2,073 | €1,190 | ▼ 42.6% |
| + Depreciation and write-downs630 | €12,363 | €18,686 | €18,573 | €55,403 | €48,989 | ▼ 11.6% |
| Operating cash flow (approximation) | €22,652 | €12,383 | €91,965 | €57,476 | €50,179 | ▼ 12.7% |
| Investment in fixed assets (approximation) | - | -€2,200 | -€1,725 | -€1.1m | €9,001 | ▲ 101% |
| Change in cash | - | -€10,177 | €167,957 | -€153,453 | €81,148 | ▲ 153% |
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
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 61 days late
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 68 days late
2023
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 57 days late
2022
31-12
Financial
Back to profitnet €73,392
Net result €73,392 after one loss-making year.
31-12
Financial
Equity above €150,000Eq €170,379 ▲75.7%
Equity rises from €96,986 to €170,379.
06-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 67 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
31-12
Financial
Back to profitnet €10,289
Net result €10,289 after one loss-making year.
31-12
Financial
Equity above €100,000Eq €103,289 ▲11.1%
Equity rises from €93,000 to €103,289.
16-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 108 days late
2019
31-12
Financial
Weakest financial yearnet -€10,949
Net result drops to -€10,949, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Show earlier events
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 3 days late
2016
07-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Villers-le-Bouillet · 1 establishment unit since 2024
Ground area
3,600 m²
Building footprint
1,505 m²
Volume, LiDAR
6,801 m³
Parcel 61068A0492/00A000, Wallonia · tallest building 5.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ALPHATEAM
since 20242.357.164.534
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61068A0492/00A000 | Wallonia | 3,600 m² | 1 · 1,505 m² | 5.7 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.
Similar companies · same sector, comparable size
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Sundo
BE 0746.524.866
Kortrijk · Eq €172,515
A-PF SOLUTIONS
BE 0733.828.853
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BERGMANS
BE 0458.732.893
Turnhout · Eq €171,935
Of 2,503 companies in sector 46649 we hold annual accounts for 1,756. 1,221 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
Founded02-08-1999
Fiscal year end31-12
Activities, NACEBEL 2025
46649Wholesale of other machinery and equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0466633148
Also
9925:BE0466633148
Registered
15-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.