ALPIBAT
ActiveALPIBAT has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €49k and a net result of €11k. Equity is growing by ~19.1% per year across the filed fiscal years. Its solvency ranks better than 60% of 27450 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▲+10
Solvency81▲+5
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 1.62 against 1.48 in 2024; short-term debt: 40.3% and cash: 35.6% of total assets), and 43.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
56.3%
Return on assets
13.1%
Age of the figures
9 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
63 d early
2024
65 d early
2023
61 d early
2022
61 d early
2021
61 d early
2020
31 d early
2019
31 d early
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€49k▲ 3.4%
2024 · €47k
2018: €23k
2019: €14k
2020: €14k
2021: €5k
2022: €34k
2023: €44k
2024: €47k
2018 → 2025
Total assets
€87k▼ 6.2%
2024 · €93k
2018: €123k
2019: €137k
2020: €119k
2021: €65k
2022: €110k
2023: €96k
2024: €93k
2018 → 2025
Net result
€11k▲ 142%
2024 · €5k
2018: €23k
2019: €-9k
2020: €249
2021: €-10k
2022: €30k
2023: €10k
2024: €5k
2018 → 2025
Working capital
€22k▲ 32.6%
2024 · €16k
2018: €7k
2019: €-2k
2020: €-1k
2021: €-4k
2022: €11k
2023: €32k
2024: €16k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5k-€34k▲ 629%€44k▲ 28.5%€47k▲ 8.8%€49k▲ 3.4%
Operating result€-7k-€32k€14k▼ 57.3%€8k▼ 43.2%€13k▲ 67.8%
Net result€-10k-€30k€10k▼ 65.2%€5k▼ 55.0%€11k▲ 142%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 68% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €87k
Fixed assets
€30k▼ 28.5%
Current assets
€57k▲ 12.4%
Equity and liabilities €87k
Equity
€49k▲ 3.4%
Provisions
€1k▼ 32.5%
Debt
€37k▼ 15.7%
The debt ratio falls from 47.3% to 42.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€30k▲
2024 · €24k
Cash flow
€28k▲
2024 · €21k
Solvency
56.3%▲
2024 · 51.1%
Current ratio
1.62▲
2024 · 1.48
Quick ratio
1.62▲
2024 · 1.48
Debt / equity
0.75▼
2024 · 0.93
ROE
23.3%▲
2024 · 9.9%
ROA
13.1%▲
2024 · 5.1%
Interest coverage
44.39▲
2024 · 20.31
Debt
€37k▼
2024 · €44k
Debt ≤ 1 year
€35k▲
2024 · €34k
Debt > 1 year
€2k▼
2024 · €10k
Income taxes
€2k▼
2024 · €2k
Staff costs
€162k▲
2024 · €146k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€93k€87k▼
Fixed assets21/28€42k€30k▼
Tangible fixed assets22/27€41k€29k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€39k€28k▼
Financial fixed assets28€1k€1k=
Current assets29/58€51k€57k▲
Amounts receivable within one year40/41€43k€25k▼
Trade receivables40€39k€15k▼
Other amounts receivable41€4k€10k▲
Cash at bank and in hand54/58€8k€31k▲
Deferred charges and accrued income490/1€110€579▲
Equity and liabilities
Total equity and liabilities10/49€93k€87k▼
Equity10/15€47k€49k▲
Contributions10/11€6k€6k=
Reserves13€41k€42k▲
Tax-exempt reserves132€6k€4k▼
Distributable reserves133€35k€38k▲
Profit (loss) carried forward14€294€850▲
Provisions and deferred taxes16€1k€1k▼
Deferred taxes168€1k€1k▼
Amounts payable17/49€44k€37k▼
Amounts payable after more than one year17€10k€2k▼
Financial debts170/4€10k€2k▼
Amounts payable within one year42/48€34k€35k▲
Current portion of amounts payable after more than one year42€11k€8k▼
Trade debts44€11k€8k▼
Suppliers440/4€11k€8k▼
Taxes, remuneration and social security45€10k€10k▼
Taxes450/3€2k€5k▲
Remuneration and social security454/9€9k€5k▼
Other amounts payable47/48€1k€10k▲
Accrued charges and deferred income492/3€97€77▼
Income statement
Code20242025
Remuneration, social security and pensions62€146k€162k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€17k▲
Other operating charges640/8€859€922▲
Non-recurring operating charges66A€234€591▲
Gross operating margin9900€171k€193k▲
Operating profit (loss)9901€8k€13k▲
Financial income75/76B-€548
Recurring financial income75-€548
Financial charges65/66B€1k€676▼
Recurring financial charges65€1k€676▼
Profit (loss) for the period before taxes9903€7k€13k▲
Transfer from deferred taxes780€450€487▲
Income taxes67/77€2k€2k▼
Profit (loss) for the period9904€5k€11k▲
Transfer from tax-exempt reserves789€2k€2k▲
Profit (loss) for the period to be appropriated9905€7k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€14k▲
Profit (loss) brought forward from the previous period14P€776€294▼
Transfer to equity691/2€6k€3k▼
To other reserves6921€6k€3k▼
Profit to be distributed694/7€859€10k▲
Return on contributions (dividend)694€859€833▼
Directors or managers695-€9k
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €30k
Net result €30k after one loss-making year.
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-10k ▼3970%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €249
Net result €249 after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Andenne · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Chaudin 2505300 AndenneGround area
145 m²
Building footprint
68 m²
Parcel 92018A0129/00H000, Wallonia. Linked by address, not a title deed.
1 establishment unit
ALPIBAT
since 20152.243.784.006
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92018A0129/00H000 | Wallonia | 145 m² | 1 · 68 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
RSC CONSTRUCT
BE 0758.539.010
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Flex Advies & Milieutechniek
BE 0789.323.840
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Tiva Construct
BE 0548.671.986
Sint-Agatha-Berchem · Eq €49k
Safciu Construct
BE 0820.492.910
Charleroi · Eq €49k
GEOMAR SERVICES
BE 0675.484.739
Dilbeek · Eq €49k
Of 15,542 companies in sector 43990 we hold annual accounts for 7,421. 6,079 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-01-2015
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.