ALPHIM
ActiveSummary
ALPHIM has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €296,409 and a net result of €72,558. Equity is growing by ~19.6% per year across the filed fiscal years. Its solvency ranks better than 79% of 1203 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability92▲+7
Solvency100▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 2.87 against 1.78 in 2023; short-term debt: 23.2% and cash: 43.6% of total assets), and 23.2% of the assets are financed with debt.
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Signals
Four 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-10-2025, 77 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
77 d late
2023
61 d late
2022
7 d early
2021
81 d late
2020
96 d late
2019
116 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 71 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€72,558▲ 70.5%
2023 · €42,548
Working capital
€167,631▲ 125%
2023 · €74,347
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
Operating result€31,806▲ 25.8%€65,613▲ 106%€69,804▲ 6.4%€81,215▲ 16.3%€107,332▲ 32.2%
Net result€27,015▲ 109%€45,044▲ 66.7%€46,163▲ 2.5%€42,548▼ 7.8%€72,558▲ 70.5%
Equity€123,096▲ 28.1%€163,140▲ 32.5%€181,304▲ 11.1%€223,851▲ 23.5%€296,409▲ 32.4%
Total assets€202,632▲ 66.3%€216,457▲ 6.8%€239,966▲ 10.9%€319,335▲ 33.1%€386,024▲ 20.9%
Debt€79,536▲ 209%€53,317▼ 33.0%€58,662▲ 10.0%€95,484▲ 62.8%€89,615▼ 6.1%
Working capital-€74,189-€17,164▲ 76.9%€21,731€74,347▲ 242%€167,631▲ 125%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 32% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €386,024
Fixed assets
€128,778 ▼ 13.9%
Current assets
€257,246 ▲ 51.5%
Equity and liabilities €386,024
Equity
€296,409 ▲ 32.4%
Debt
€89,615 ▼ 6.1%
Debt's share of the balance-sheet total falls from 29.9% to 23.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€128,058▲
2023 · €104,617
Cash flow
€93,284▲
2023 · €65,950
Current ratio
2.87▲
2023 · 1.78
Debt to equity
0.30▼
2023 · 0.43
ROE
24.5%▲
2023 · 19.0%
ROA
18.8%▲
2023 · 13.3%
Interest coverage
78.47▼
2023 · 89.34
Debt ≤ 1 year
€89,615▼
2023 · €95,484
Income taxes
€37,893▲
2023 · €37,630
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% 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 31,324 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €86 | €56 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €42,996 | €20,646 | €20,912 | €23,402 | €20,726 | ▼ 11.4% |
| Other operating charges640/8 | - | €6,294 | €1,145 | €25,692 | €6,629 | ▼ 74.2% |
| Non-recurring operating charges66A | - | €19 | €196 | €2,797 | €219 | ▼ 92.2% |
| Gross operating margin9900 | €81,542 | €92,572 | €92,057 | €133,106 | €134,906 | ▲ 1.4% |
| Operating profit (loss)9901 | €31,806 | €65,613 | €69,804 | €81,215 | €107,332 | ▲ 32.2% |
| Financial income75/76B | - | - | - | €134 | €4,751 | ▲ 3,446% |
| Recurring financial income75 | - | - | - | €134 | €4,678 | ▲ 3,391% |
| Non-recurring financial income76B | - | - | - | - | €73 | - |
| Financial charges65/66B | - | €1,783 | €1,424 | €1,171 | €1,632 | ▲ 39.4% |
| Recurring financial charges65 | €2,111 | €1,783 | €1,424 | €1,171 | €1,632 | ▲ 39.4% |
| Profit (loss) for the period before taxes9903 | €29,695 | €63,830 | €68,380 | €80,178 | €110,451 | ▲ 37.8% |
| Income taxes67/77 | €2,680 | €18,786 | €22,217 | €37,630 | €37,893 | ▲ 0.7% |
| Profit (loss) for the period9904 | €27,015 | €45,044 | €46,163 | €42,548 | €72,558 | ▲ 70.5% |
| Profit (loss) for the period to be appropriated9905 | €27,015 | €45,044 | €46,163 | €42,548 | €72,558 | ▲ 70.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €202,632 | €216,457 | €239,966 | €319,335 | €386,024 | ▲ 20.9% |
| Fixed assets21/28 | €197,285 | €180,304 | €160,720 | €149,504 | €128,778 | ▼ 13.9% |
| Tangible fixed assets22/27 | €197,285 | €180,304 | €160,720 | €149,504 | €128,778 | ▼ 13.9% |
| Land and buildings22 | - | €48,835 | €48,835 | €48,835 | €48,835 | = |
| Plant, machinery and equipment23 | - | €124,136 | €107,723 | €96,044 | €77,630 | ▼ 19.2% |
| Furniture and vehicles24 | - | €7,333 | €4,162 | €4,625 | €2,313 | ▼ 50.0% |
| Current assets29/58 | €5,347 | €36,153 | €79,246 | €169,831 | €257,246 | ▲ 51.5% |
| Amounts receivable within one year40/41 | - | €6,133 | €14,724 | €64,546 | €87,521 | ▲ 35.6% |
| Trade receivables40 | - | €6,133 | €1,622 | - | - | - |
| Other amounts receivable41 | - | - | €13,102 | €64,546 | €87,521 | ▲ 35.6% |
| Cash at bank and in hand54/58 | €3,428 | €27,801 | €63,043 | €104,197 | €168,282 | ▲ 61.5% |
| Deferred charges and accrued income490/1 | - | €2,219 | €1,479 | €1,088 | €1,443 | ▲ 32.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €202,632 | €216,457 | €239,966 | €319,335 | €386,024 | ▲ 20.9% |
| Equity10/15 | €123,096 | €163,140 | €181,304 | €223,851 | €296,409 | ▲ 32.4% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | €18,600 | €18,600 | - | - |
| Issued capital100 | - | - | €18,600 | €18,600 | - | - |
| Reserves13 | €103,256 | €143,256 | €162,256 | €203,256 | €273,256 | ▲ 34.4% |
| Non-distributable reserves130/1 | - | €6,200 | €6,200 | €6,200 | - | - |
| Legal reserve130 | - | - | €6,200 | €6,200 | - | - |
| Reserves not available under the articles1311 | - | €6,200 | - | - | - | - |
| Distributable reserves133 | - | €137,056 | €156,056 | €197,056 | €273,256 | ▲ 38.7% |
| Profit (loss) carried forward14 | €1,240 | €1,284 | €448 | €1,995 | €4,553 | ▲ 128% |
| Amounts payable17/49 | €79,536 | €53,317 | €58,662 | €95,484 | €89,615 | ▼ 6.1% |
| Amounts payable within one year42/48 | €79,536 | €53,317 | €57,515 | €95,484 | €89,615 | ▼ 6.1% |
| Financial debts43 | - | €4,261 | - | - | - | - |
| Credit institutions430/8 | - | €4,261 | - | - | - | - |
| Trade debts44 | €14,449 | €6,815 | €2,516 | €6,750 | €34,938 | ▲ 418% |
| Suppliers440/4 | - | €6,815 | €2,516 | €6,750 | €34,938 | ▲ 418% |
| Taxes, remuneration and social security45 | - | €39,020 | €54,999 | €88,734 | €54,677 | ▼ 38.4% |
| Taxes450/3 | - | €39,020 | €54,999 | €88,734 | €54,677 | ▼ 38.4% |
| Other amounts payable47/48 | - | €3,221 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | €1,147 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,015 | €45,044 | €46,163 | €42,548 | €72,558 | ▲ 70.5% |
| + Depreciation and write-downs630 | €42,996 | €20,646 | €20,912 | €23,402 | €20,726 | ▼ 11.4% |
| Operating cash flow (approximation) | €70,011 | €65,690 | €67,075 | €65,950 | €93,284 | ▲ 41.4% |
| Investment in fixed assets (approximation) | - | -€3,665 | -€1,328 | -€12,186 | €0 | ▲ 100% |
| Change in cash | - | €24,373 | €35,242 | €41,154 | €64,085 | ▲ 55.7% |
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
16-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 77 days late
2024
31-12
Financial
Highest result since 2018net €72,558 ▲70.5%
Operating result €107,332, net result €72,558, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 61 days late
2023
31-12
Financial
Equity above €200,000Eq €223,851 ▲23.5%
6 profitable years in a row build equity to €223,851.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity doublescurrent ratio 1.38
Current ratio from 0.68 to 1.38.
20-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 81 days late
2021
31-12
Financial
Equity above €150,000Eq €163,140 ▲32.5%
4 profitable years in a row build equity to €163,140.
04-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 96 days late
2020
31-12
Financial
Equity above €100,000Eq €123,096 ▲28.1%
3 profitable years in a row build equity to €123,096.
24-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 116 days late
2019
31-12
Financial
Weakest financial yearnet €12,923 ▼7.7%
Net result drops to €12,923, the lowest in the series; recovery starts the following year.
Show earlier events
31-12
Financial
Liquidity doublescurrent ratio 1.94
Current ratio from 0.85 to 1.94; short-term debt falls from €36,670 to €25,763.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
20-07
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 5 acts read
About the unread acts
We know of 5 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
5 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, Sint-Pieters-Woluwe · 1 establishment unit since 1991
Ground area
1,277 m²
Building footprint
489 m²
Volume, LiDAR
4,861 m³
2 parcels, Brussels · tallest building 13.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
ALPHIM SA
since 19912.051.302.154
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21683D0016/00R006 | Brussels | 952 m² | 1 · 375 m² | 13.3 m · 4 fl. |
| 21684B0062/00W005 | Brussels | 325 m² | 1 · 114 m² | 12.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,219 companies in sector 82100 we hold annual accounts for 3,509. 2,281 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
Founded15-11-1990
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
46500Wholesale of information and communication equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0442573881
Also
9925:BE0442573881
Registered
09-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.