ALSINOVA BELGIUM
ActiveALSINOVA BELGIUM has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.24M and a net result of €586k. Equity is growing by ~44.4% per year across the filed fiscal years. Its solvency ranks better than 34% of 1546 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▲+48
Solvency51▲+12
Growth62▲+5
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity tight (current ratio 1.39 against 1.16 in 2023; short-term debt: 70.7% and cash: 25.8% of total assets), and 73.9% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
26.1%
Return on assets
12.4%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
35 d early
2022
27 d early
2021
38 d early
2020
73 d late
2019
138 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€11.95M▲ 21.7%
2023 · €9.81M
2018: €12.69M
2019: €11.02M
2020: €9.60M
2021: €9.44M
2022: €9.59M
2023: €9.81M
2018 → 2024
EBIT margin
7.2%▲ 8.5pp
2023 · -1.3%
2018: -2.2%
2019: -5.1%
2020: -8.1%
2021: 0.8%
2022: 1.5%
2023: -1.3%
2018 → 2024
Net result
€586k▲ 119%
2023 · €267k
2018: €-403k
2019: €-704k
2020: €-860k
2021: €-12k
2022: €71k
2023: €267k
2018 → 2024
Working capital
€1.31M▲ 114%
2023 · €613k
2018: €-854k
2019: €71k
2020: €18k
2021: €287k
2022: €341k
2023: €613k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€9.60M-€9.44M▼ 1.7%€9.59M▲ 1.6%€9.81M▲ 2.4%€11.95M▲ 21.7%
Equity€325k-€313k▼ 3.6%€384k▲ 22.6%€651k▲ 69.6%€1.24M▲ 90.0%
Operating result€-775k-€72k€142k▲ 98.2%€-130k€861k
Net result€-860k-€-12k▲ 98.7%€71k€267k▲ 278%€586k▲ 119%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €861k after a loss of €130k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.74M
Fixed assets
€77k▼ 40.7%
Current assets
€4.67M▲ 3.2%
Equity and liabilities €4.74M
Equity
€1.24M▲ 90.0%
Debt
€3.51M▼ 12.4%
The debt ratio falls from 86.0% to 73.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€897k▲
2023 · €-89k
Cash flow
€622k▲
2023 · €308k
Solvency
26.1%▲
2023 · 14.0%
Current ratio
1.39▲
2023 · 1.16
Quick ratio
1.39▲
2023 · 1.16
Debt / equity
2.83▼
2023 · 6.15
ROE
47.4%▲
2023 · 41.0%
ROA
12.4%▲
2023 · 5.7%
Interest coverage
5.67▲
2023 · -0.58
Debt
€3.51M▼
2023 · €4.00M
Debt ≤ 1 year
€3.35M▼
2023 · €3.91M
Income taxes
€187k▲
2023 · €16k
Staff costs
€3.76M▼
2023 · €3.81M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€4.65M€4.74M▲
Fixed assets21/28€130k€77k▼
Intangible fixed assets21€67k€45k▼
Tangible fixed assets22/27€40k€31k▼
Plant, machinery and equipment23€4k€5k▲
Other tangible fixed assets26€36k€26k▼
Financial fixed assets28€23k-
Affiliated companies280/1€23k-
Participating interests280€23k-
Current assets29/58€4.52M€4.67M▲
Amounts receivable within one year40/41€3.27M€3.22M▼
Trade receivables40€1.68M€1.70M▲
Other amounts receivable41€1.59M€1.52M▼
Cash at bank and in hand54/58€1.16M€1.22M▲
Deferred charges and accrued income490/1€96k€228k▲
Equity and liabilities
Total equity and liabilities10/49€4.65M€4.74M▲
Equity10/15€651k€1.24M▲
Contributions10/11€315k€315k=
Capital10€315k€315k=
Issued capital100€315k€315k=
Reserves13€23k€32k▲
Non-distributable reserves130/1€23k€32k▲
Legal reserve130€23k€32k▲
Profit (loss) carried forward14€313k€891k▲
Amounts payable17/49€4.00M€3.51M▼
Amounts payable within one year42/48€3.91M€3.35M▼
Trade debts44€2.89M€2.40M▼
Suppliers440/4€2.89M€2.40M▼
Taxes, remuneration and social security45€948k€877k▼
Taxes450/3€289k€355k▲
Remuneration and social security454/9€660k€522k▼
Other amounts payable47/48€74k€77k▲
Accrued charges and deferred income492/3€91k€152k▲
Income statement
Code20232024
Operating income70/76A€9.94M€12.38M▲
Turnover70€9.81M€11.95M▲
Other operating income74€126k€434k▲
Operating charges60/66A€10.07M€11.52M▲
Goods for resale, raw materials and consumables60€4.65M€6.46M▲
Purchases600/8€4.65M€6.46M▲
Services and other goods61€1.51M€1.16M▼
Remuneration, social security and pensions62€3.81M€3.76M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€36k▼
Other operating charges640/8€58k€48k▼
Non-recurring operating charges66A-€67k
Operating profit (loss)9901€-130k€861k▲
Financial income75/76B€573k€81k▼
Recurring financial income75€573k€81k▼
Income from financial fixed assets750€519k-
Income from current assets751€43k€65k▲
Other financial income752/9€10k€16k▲
Financial charges65/66B€161k€169k▲
Recurring financial charges65€161k€169k▲
Debt charges650€155k€158k▲
Other financial charges652/9€6k€11k▲
Profit (loss) for the period before taxes9903€283k€773k▲
Income taxes67/77€16k€187k▲
Taxes670/3€16k€187k▲
Profit (loss) for the period9904€267k€586k▲
Profit (loss) for the period to be appropriated9905€267k€586k▲
Appropriation of the result
Profit (loss) to be appropriated9906€326k€899k▲
Profit (loss) brought forward from the previous period14P€59k€313k▲
Transfer to equity691/2€13k€8k▼
To the legal reserve6920€13k€8k▼
Social balance
Average headcount (FTE)908749.548.9▼
The notes to these accounts (46 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €586k ▲119%
Operating result €861k, net result €586k, both a record.
31-12
Financial
Equity above €1MEq €1.24M ▲90%
3 profitable years in a row build equity to €1.24M.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €500kEq €651k ▲69.6%
2 profitable years in a row build equity to €651k.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €71k
Net result €71k after 4 loss-making years.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
12-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 73 days late
2020
31-12
Financial
Weakest financial yearnet €-860k
Net result drops to €-860k, the lowest in the series; recovery starts the following year.
16-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 138 days late
2019
31-12
Financial
Equity above €200kEq €384k
Equity rises from €-227k to €384k.
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
05-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 36 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
2016
06-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 37 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
15 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, Waterloo · 1 establishment unit since 2009
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.
Drève Richelle 1611410 WaterlooGround area
1.0 ha
Building footprint
1,772 m²
Volume, LiDAR
33,713 m³
Parcel 25763M0621/00F000, Wallonia · tallest building 22.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Keyrus Biopharma
since 20092.183.566.703
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763M0621/00F000indicative | Wallonia | 1.0 ha | 1 · 1,772 m² | 22.9 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
2549003UFYRSI7H4ZF51
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CENIT KEONYS BE SRL
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Of 16,869 companies in sector 62100 we hold annual accounts for 8,779. 3,629 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded30-11-2009
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
70200Business and other management consultancy
70220Business consulting
62020IT consultancy
62030Computer programming, consultancy and related activities
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 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.