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ALTER EGO

Active
Private limited company (pre-2019)founded 200025 yrs activeElst 36, 3320 Hoegaarden, BelgiumKBO/BCE: BE 0473.507.775
Summary

ALTER EGO has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €507,551 and a net result of €68,490. Equity is growing by ~9.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability70▲+8
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 8.98 against 16.98 in 2023; short-term debt: 9.6% and cash: 14.4% of total assets), and 22.2% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 88
Relative position
BE, all sectors
reference
Social work activities without accommodation (NACE 88)
about 62% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 25 years 0 30 y
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 09-06-2026, 40 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 filings
Deviation from the deadline
2025
40 d late
2024
19 d late
2023
29 d late
2022
2 d late
2021
1 d late
2020
16 d late
2019
2 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 15 days after the deadline; the sector median for financial year 2024 is 24 days before the deadline, and 25% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 19 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close30-09-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ALTER EGO was incorporated on 15 December 2000.1 Total assets rose from EUR 486,408 in 2018 to EUR 652,399 in 2024 and headcount from 0.8 full-time equivalents in 2021 to 1 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2021 and 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
€507,551▲ 15.6%
2023 · €439,061
Total assets
€652,399▲ 18.4%
2023 · €550,974
Net result
€68,490▲ 345%
2023 · €15,376
Working capital
€497,671▲ 17.3%
2023 · €424,323
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 88, Social work activities without accommodation, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€20,618€102,315€73,829▼ 27.8%€23,615▼ 68.0%€22,105▼ 6.4%
Net result-€17,030below the sector's middle half€73,167within the sector's middle half€48,633within the sector's middle half▼ 33.5%€15,376within the sector's middle half▼ 68.4%€68,490within the sector's middle half▲ 345%
Equity€301,885below the sector's middle half▼ 5.3%€375,052within the sector's middle half▲ 24.2%€423,685within the sector's middle half▲ 13.0%€439,061within the sector's middle half▲ 3.6%€507,551within the sector's middle half▲ 15.6%
Total assets€486,818below the sector's middle half▲ 3.5%€594,895below the sector's middle half▲ 22.2%€595,271below the sector's middle half▲ 0.1%€550,974below the sector's middle half▼ 7.4%€652,399below the sector's middle half▲ 18.4%
Debt€184,933▲ 22.0%€219,843▲ 18.9%€171,586▼ 22.0%€111,913▼ 34.8%€144,848▲ 29.4%
Working capital€291,485within the sector's middle half▼ 6.9%€392,084within the sector's middle half▲ 34.5%€408,256within the sector's middle half▲ 4.1%€424,323within the sector's middle half▲ 3.9%€497,671within the sector's middle half▲ 17.3%
Solvency62.0%within the sector's middle half▼ 5.8pp63.0%within the sector's middle half▲ 1.0pp71.2%within the sector's middle half▲ 8.1pp79.7%above the sector's middle half▲ 8.5pp77.8%above the sector's middle half▼ 1.9pp
Current ratio5.92above the sector's middle half▼ 11.066.66above the sector's middle half▲ 0.736.65above the sector's middle half▼ 0.0116.98above the sector's middle half▲ 10.338.98above the sector's middle half▼ 8.00
Return on assets (ROA)-3.5%below the sector's middle half▼ 8.8pp12.3%above the sector's middle half▲ 15.8pp8.2%above the sector's middle half▼ 4.1pp2.8%within the sector's middle half▼ 5.4pp10.5%above the sector's middle half▲ 7.7pp
Staff (FTE)0.8below the sector's middle half1below the sector's middle half▲ 25.0%1below the sector's middle half=1below the sector's middle half=
above within below the middle half (P25 to P75) of NACE 88, Social work activities without accommodation, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000Operating result 2020: -€20,618-€20,618Net result 2020: -€17,030-€17,030Operating result 2021: €102,315€102,315Net result 2021: €73,167€73,167Operating result 2022: €73,829€73,829Net result 2022: €48,633€48,633Operating result 2023: €23,615€23,615Net result 2023: €15,376€15,376Operating result 2024: €22,105€22,105Net result 2024: €68,490€68,49020202021202220232024€0€20,000€40,000€60,000€80,000Operating result 2022: €73,829€73,800Net result 2022: €48,633€48,600Operating result 2023: €23,615€23,600Net result 2023: €15,376€15,400Operating result 2024: €22,105€22,100Net result 2024: €68,490€68,500202220232024
The operating result has fallen three years in a row; 2024 is 6% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €652,399
Fixed assets €92,360 ▼ 7.7%
Current assets €560,040 ▲ 24.2%
Equity and liabilities €652,399
Equity €507,551 ▲ 15.6%
Debt €144,848 ▲ 29.4%
Debt's share of the balance-sheet total rises from 20.3% to 22.2%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€38,044▼
2023 · €38,268
Cash flow
€84,429▲
2023 · €30,029
Debt to equity
0.29▲
2023 · 0.25
ROE
13.5%▲
2023 · 3.5%
Interest coverage
4.59▼
2023 · 4.74
Debt ≤ 1 year
€62,369▲
2023 · €26,552
Debt > 1 year
€70,870▼
2023 · €85,361
Income taxes
€30,950▲
2023 · €8,781
Staff costs
€28,938▼
2023 · €44,036
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% 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
0.5% went bankrupt
5.9% stopped otherwise
93% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

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 31,371 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 54 lines
Balance sheet Code20232024
Assets
Total assets20/58€550,974€652,399▲
Fixed assets21/28€100,099€92,360▼
Tangible fixed assets22/27€85,099€77,360▼
Land and buildings22€79,565€68,591▼
Plant, machinery and equipment23€5,533€2,277▼
Furniture and vehicles24-€6,492
Financial fixed assets28€15,000€15,000=
Current assets29/58€450,875€560,040▲
Amounts receivable within one year40/41€184,947€243,801▲
Trade receivables40€49,708€89,141▲
Other amounts receivable41€135,238€154,660▲
Current investments50/53€191,558€192,825▲
Cash at bank and in hand54/58€74,371€94,229▲
Deferred charges and accrued income490/1-€29,185
Equity and liabilities
Total equity and liabilities10/49€550,974€652,399▲
Equity10/15€439,061€507,551▲
Contributions10/11€6,200€6,200=
Reserves13€445,714€513,714▲
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Tax-exempt reserves132€18,980€18,980=
Distributable reserves133€424,874€492,874▲
Profit (loss) carried forward14-€12,853-€12,363▲
Amounts payable17/49€111,913€144,848▲
Amounts payable after more than one year17€85,361€70,870▼
Financial debts170/4€85,361€70,870▼
Amounts payable within one year42/48€26,552€62,369▲
Current portion of amounts payable after more than one year42€15,712€14,491▼
Financial debts43€3€3=
Credit institutions430/8€3€3=
Trade debts44€3,781€19,919▲
Suppliers440/4€3,781€19,919▲
Taxes, remuneration and social security45€7,056€27,956▲
Taxes450/3€1,147€23,527▲
Remuneration and social security454/9€5,909€4,429▼
Accrued charges and deferred income492/3-€11,610
Income statement Code20232024
Remuneration, social security and pensions62€44,036€28,938▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,652€15,939▲
Other operating charges640/8€2,413€2,570▲
Gross operating margin9900€84,716€69,552▼
Operating profit (loss)9901€23,615€22,105▼
Financial income75/76B€8,612€85,619▲
Recurring financial income75€8,612€85,619▲
Financial charges65/66B€8,070€8,284▲
Recurring financial charges65€8,070€8,284▲
Profit (loss) for the period before taxes9903€24,157€99,439▲
Income taxes67/77€8,781€30,950▲
Profit (loss) for the period9904€15,376€68,490▲
Profit (loss) for the period to be appropriated9905€15,376€68,490▲
Appropriation of the result
Profit (loss) to be appropriated9906€2,147€55,637▲
Profit (loss) brought forward from the previous period14P-€13,229-€12,853▲
Transfer to equity691/2€15,000€68,000▲
To other reserves6921€15,000€68,000▲
Social balance
Average headcount (FTE)90871.01.0=

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62-€20,574€33,565€44,036€28,938▼ 34.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,179€19,064€18,764€14,652€15,939▲ 8.8%
Other operating charges640/8-€1,702€1,810€2,413€2,570▲ 6.5%
Gross operating margin9900-€1,043€143,655€127,968€84,716€69,552▼ 17.9%
Operating profit (loss)9901-€20,618€102,315€73,829€23,615€22,105▼ 6.4%
Financial income75/76B-€4,665€5,569€8,612€85,619▲ 894%
Recurring financial income75€9,640€4,665€5,569€8,612€85,619▲ 894%
Financial charges65/66B-€7,015€9,003€8,070€8,284▲ 2.7%
Recurring financial charges65€5,583€7,015€9,003€8,070€8,284▲ 2.7%
Profit (loss) for the period before taxes9903-€16,561€99,965€70,395€24,157€99,439▲ 312%
Income taxes67/77€468€26,798€21,762€8,781€30,950▲ 252%
Profit (loss) for the period9904-€17,030€73,167€48,633€15,376€68,490▲ 345%
Profit (loss) for the period to be appropriated9905-€17,030€73,167€48,633€15,376€68,490▲ 345%
Line20202021202220232024Change
Assets
Total assets20/58€486,818€594,895€595,271€550,974€652,399▲ 18.4%
Fixed assets21/28€136,134€133,515€114,751€100,099€92,360▼ 7.7%
Tangible fixed assets22/27€136,134€118,515€99,751€85,099€77,360▼ 9.1%
Land and buildings22-€101,515€90,540€79,565€68,591▼ 13.8%
Plant, machinery and equipment23-€12,913€9,211€5,533€2,277▼ 58.8%
Furniture and vehicles24-€4,087--€6,492-
Financial fixed assets28-€15,000€15,000€15,000€15,000=
Current assets29/58€350,684€461,380€480,520€450,875€560,040▲ 24.2%
Amounts receivable within one year40/41€195,757€232,134€304,506€184,947€243,801▲ 31.8%
Trade receivables40-€95,965€140,044€49,708€89,141▲ 79.3%
Other amounts receivable41-€136,169€164,462€135,238€154,660▲ 14.4%
Current investments50/53€84,142€88,822€123,379€191,558€192,825▲ 0.7%
Cash at bank and in hand54/58€70,785€133,575€51,953€74,371€94,229▲ 26.7%
Deferred charges and accrued income490/1-€6,850€681-€29,185-
Equity and liabilities
Total equity and liabilities10/49€486,818€594,895€595,271€550,974€652,399▲ 18.4%
Equity10/15€301,885€375,052€423,685€439,061€507,551▲ 15.6%
Contributions10/11-€6,200€6,200€6,200€6,200=
Reserves13€312,714€382,714€430,714€445,714€513,714▲ 15.3%
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311-€1,860€1,860€1,860€1,860=
Tax-exempt reserves132-€18,980€18,980€18,980€18,980=
Distributable reserves133-€361,874€409,874€424,874€492,874▲ 16.0%
Profit (loss) carried forward14-€17,030-€13,862-€13,229-€12,853-€12,363▲ 3.8%
Amounts payable17/49€184,933€219,843€171,586€111,913€144,848▲ 29.4%
Amounts payable after more than one year17€125,734€112,774€99,322€85,361€70,870▼ 17.0%
Financial debts170/4-€112,774€99,322€85,361€70,870▼ 17.0%
Amounts payable within one year42/48€59,200€69,296€72,263€26,552€62,369▲ 135%
Current portion of amounts payable after more than one year42-€14,710€15,201€15,712€14,491▼ 7.8%
Financial debts43-€3€3€3€3=
Credit institutions430/8-€3€3€3€3=
Trade debts44€42,300€26,739€43,003€3,781€19,919▲ 427%
Suppliers440/4-€26,739€43,003€3,781€19,919▲ 427%
Taxes, remuneration and social security45-€27,845€14,055€7,056€27,956▲ 296%
Taxes450/3-€27,845€14,055€1,147€23,527▲ 1,951%
Remuneration and social security454/9---€5,909€4,429▼ 25.0%
Accrued charges and deferred income492/3-€37,772--€11,610-
Line20202021202220232024Change
Profit (loss) for the period9904-€17,030€73,167€48,633€15,376€68,490▲ 345%
+ Depreciation and write-downs630€17,179€19,064€18,764€14,652€15,939▲ 8.8%
Operating cash flow (approximation)€149€92,231€67,396€30,029€84,429▲ 181%
Investment in fixed assets (approximation)--€16,445€0€0-€8,200-
Change in cash-€62,789-€81,621€22,417€19,859▼ 11.4%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
09-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 40 days late
2025
19-05
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 19 days late
2024
30-09
Financial Equity above €500,000Eq €507,551 ▲15.6%
4 profitable years in a row build equity to €507,551.
29-05
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
30-09
Financial Liquidity triplescurrent ratio 16.98
Current ratio from 6.65 to 16.98; short-term debt falls from €72,263 to €26,552.
02-05
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
2022
01-05
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 1 day late
2021
30-09
Financial Back to profitnet €73,167
Net result €73,167 after one loss-making year.
16-05
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 16 days late
2020
30-09
Financial Weakest financial yearnet -€17,030
Net result drops to -€17,030, the lowest in the series; recovery starts the following year.
28-04
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-04
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-04
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
08-05
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 8 days late
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, Hoegaarden · 1 establishment unit since 2003
seat establishment The establishment unit on the map
Ground area
3,263 m²
Building footprint
98 m²
Volume, LiDAR
625 m³
Parcel 24041D0456/00H000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
ALTER EGO
Elst 36, 3320 HoegaardenNACE 85146
since 20032.132.415.237
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24041D0456/00H000 Flanders 3,263 m² 1 · 98 m² 8.8 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.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 30-09-2024 list no shareholders, and no other source names one.

Holdings 1

According to the annual accounts to 30-09-2024 of ALTER EGO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Legal Entity Identifier

967600ZOQZ15Y14OZL28
live in the LEI register

Similar companies · same sector, comparable size

Of 2,200 companies in sector 88999 we hold annual accounts for 806. 631 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 (pre-2019)
Founded15-12-2000
Fiscal year end30-09
Activities, NACEBEL 2025
59113Video and film production, excluding cinema and television films
88999Other social work without accommodation
E-invoicing
Reachable via Peppol
Peppol ID 0208:0473507775
Also 9925:BE0473507775
Registered 31-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.