ALPHEUS
InactiveInactive; last annual accounts for fiscal year 2024. Dissolved without liquidation on 24-12-2025.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2324
2023 to 2024 · latest year €-123k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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
2024
31 d late
2023
27 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-123k▼ 4.7%
2023 · €-118k
2023: €-118k
2024: €-123k▼ -4.7% vs 2023
2023 → 2024
Total assets
€727▼ 98.8%
2023 · €60k
2023: €60k
2024: €727▼ -98.8% vs 2023
2023 → 2024
Net result
€-6k
2023 · €40k
2023: €40k
2024: €-6k▼ -114% vs 2023
2023 → 2024
Working capital
€-123k▲ 22.3%
2023 · €-159k
2023: €-159k
2024: €-123k▲ +22.3% vs 2023
2023 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€-118k-€-123k▼ 4.7%
2023: €-118k
2024: €-123k▼ -4.7% vs 2023
Operating result€40k-€-5k
2023: €40k
2024: €-5k▼ -111% vs 2023
Net result€40k-€-6k
2023: €40k
2024: €-6k▼ -114% 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 turns negative in 2024: a loss of €5k after €40k in 2023.
Key figures and ratios
EBITDA
€-5k▼
2023 · €54k
Cash flow
€-6k▼
2023 · €53k
Interest coverage
-4.83▼
2023 · 343.51
Debt
€124k▼
2023 · €177k
Debt ≤ 1 year
€124k▼
2023 · €177k
Staff costs
€322▼
2023 · €132k
Ratios withheld: a balance sheet total of €727 is too small for a meaningful ratio.
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 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€60k€727▼
Fixed assets21/28€41k€0▼
Tangible fixed assets22/27€41k€0▼
Plant, machinery and equipment23€14k€0▼
Furniture and vehicles24€10k€0▼
Other tangible fixed assets26€17k€0▼
Current assets29/58€19k€727▼
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€0€648▲
Trade receivables40€0-
Other amounts receivable41-€648
Cash at bank and in hand54/58€19k€79▼
Equity and liabilities
Total equity and liabilities10/49€60k€727▼
Equity10/15€-118k€-123k▼
Contributions10/11€19k€19k=
Reserves13€9k€9k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€7k€7k=
Profit (loss) carried forward14€-146k€-151k▼
Amounts payable17/49€177k€124k▼
Amounts payable within one year42/48€177k€124k▼
Current portion of amounts payable after more than one year42€0-
Financial debts43€0€5k▲
Credit institutions430/8€0€5k▲
Trade debts44€74k€376▼
Suppliers440/4€74k€376▼
Taxes, remuneration and social security45€103k€0▼
Taxes450/3€28k€0▼
Remuneration and social security454/9€76k€0▼
Other amounts payable47/48€0€118k▲
Income statement
Code20232024
Non-recurring operating income76A€50k€0▼
Remuneration, social security and pensions62€132k€322▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€0▼
Other operating charges640/8€109€906▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€186k€-1k▼
Operating profit (loss)9901€40k€-5k▼
Financial charges65/66B€156€945▲
Recurring financial charges65€156€945▲
Profit (loss) for the period before taxes9903€40k€-6k▼
Profit (loss) for the period9904€40k€-6k▼
Profit (loss) for the period to be appropriated9905€40k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-146k€-151k▼
Profit (loss) brought forward from the previous period14P€-185k€-146k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Non-recurring operating income76A | €50k | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | €132k | €322 | ▼ 99.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14k | €0 | ▼ 100% |
| Other operating charges640/8 | €109 | €906 | ▲ 732% |
| Non-recurring operating charges66A | - | €2k | - |
| Gross operating margin9900 | €186k | €-1k | ▼ 101% |
| Operating profit (loss)9901 | €40k | €-5k | ▼ 111% |
| Financial charges65/66B | €156 | €945 | ▲ 505% |
| Recurring financial charges65 | €156 | €945 | ▲ 505% |
| Profit (loss) for the period before taxes9903 | €40k | €-6k | ▼ 114% |
| Profit (loss) for the period9904 | €40k | €-6k | ▼ 114% |
| Profit (loss) for the period to be appropriated9905 | €40k | €-6k | ▼ 114% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €60k | €727 | ▼ 98.8% |
| Fixed assets21/28 | €41k | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €41k | €0 | ▼ 100% |
| Plant, machinery and equipment23 | €14k | €0 | ▼ 100% |
| Furniture and vehicles24 | €10k | €0 | ▼ 100% |
| Other tangible fixed assets26 | €17k | €0 | ▼ 100% |
| Current assets29/58 | €19k | €727 | ▼ 96.1% |
| Stocks and contracts in progress3 | €0 | - | - |
| Stocks30/36 | €0 | - | - |
| Amounts receivable within one year40/41 | €0 | €648 | - |
| Trade receivables40 | €0 | - | - |
| Other amounts receivable41 | - | €648 | - |
| Cash at bank and in hand54/58 | €19k | €79 | ▼ 99.6% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €60k | €727 | ▼ 98.8% |
| Equity10/15 | €-118k | €-123k | ▼ 4.7% |
| Contributions10/11 | €19k | €19k | = |
| Reserves13 | €9k | €9k | = |
| Non-distributable reserves130/1 | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | = |
| Distributable reserves133 | €7k | €7k | = |
| Profit (loss) carried forward14 | €-146k | €-151k | ▼ 3.8% |
| Amounts payable17/49 | €177k | €124k | ▼ 30.1% |
| Amounts payable within one year42/48 | €177k | €124k | ▼ 30.1% |
| Current portion of amounts payable after more than one year42 | €0 | - | - |
| Financial debts43 | €0 | €5k | - |
| Credit institutions430/8 | €0 | €5k | - |
| Trade debts44 | €74k | €376 | ▼ 99.5% |
| Suppliers440/4 | €74k | €376 | ▼ 99.5% |
| Taxes, remuneration and social security45 | €103k | €0 | ▼ 100% |
| Taxes450/3 | €28k | €0 | ▼ 100% |
| Remuneration and social security454/9 | €76k | €0 | ▼ 100% |
| Other amounts payable47/48 | €0 | €118k | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €40k | €-6k | ▼ 114% |
| + Depreciation and write-downs630 | €14k | €0 | ▼ 100% |
| Operating cash flow (approximation) | €53k | €-6k | ▼ 110% |
| Investment in fixed assets (approximation) | - | €41k | - |
| Change in cash | - | €-19k | - |
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
27-01
State Gazette act
Restructuring · End & cessationMerger · Net-asset statement · Dissolution7 facts ▸
State Gazette act
Restructuring · End & cessation
Merger · Net-asset statement · Dissolution7 facts ▸
- General meeting, 24-12-2025
- Merger, absorption, 01-01-2025
- Net-asset statement, 31-12-2024
- Dissolution, 24-12-2025
- Power of attorney, IMAS FIDUCIAIRE BV
- Merger proposal, 07-08-2025
- No share allocation, alle aandelen van de overgenomen vennootschap toebehoren aan de overnemende vennootschap
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
State Gazette actNBB filing
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:HET NIEUWE ROOI