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Complete company report
Generated 14-08-2026
Active BE 0861.827.974Non-profit association

ALTERNATIEVA.

Heidestraat 6B ·3500 Hasselt, Belgium· 22 yrs active
Sector: Gewoon technisch en beroepssecundair onderwijs ingericht door de Gemeenschappen (85321)
Conclusion Checked

The computed 12-month bankruptcy probability of ALTERNATIEVA. is < 0.1% (very low). The 2021 annual accounts show equity of €644k and a net result of €10k. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 40% of 61 sector peers (fiscal year 2021). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.
Key figures
Equity €644k
Net result €10k
Better than sector 40%
Active 22 yrs
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health86Profitability8Solvency96Growth52Stability100
68 / 100

Strong profile, led by stability.

All 5 axes are computed from data Checked has read.

Health 86
Profitability 8
Solvency 96
Growth 52
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
< 0.1% Very low
0%0,5%1,5%4%10%≥25%
Lower-risk legal form −Lower-failure-rate sector −Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Long-established
Founded in 2003, 22 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags 0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2021 · computed
86 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2021. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 29-06-2022 with the NBB · fiscal year 2021 · verkort
€0€200k€400k€600kOperating result 2018: €33k€33kNet result 2018: €597k€597kOperating result 2019: €12k€12kNet result 2019: €602k€602kOperating result 2020: €38k€38kNet result 2020: €634k€634kOperating result 2021: €18k€18kNet result 2021: €10k€10k2018201920202021
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~2.8%/year over 4 fiscal years, indicative, assuming unchanged policy.
€550k€600k€650k€700k€750k2022: €663k (€612k - €715k)2023: €681k (€629k - €732k)2024: €698k (€646k - €749k)2018: €597k2019: €602k2020: €634k2021: €644k2018201920202021202220232024
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2021 · NACE 85 · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 53.2% 61.5%
better than 40% of 61 sector peers
Net result €10k €52k
better than 33% of 61 sector peers
Equity €644k €878k
better than 42% of 61 sector peers
Gross operating margin €-108k €244k
better than 5% of 44 sector peers
Total assets €1.21M €1.60M
better than 44% of 61 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€41k
-33.4% 18-21
Net profit
€10k
-98.4% 18-21
Cash flow
€33k
-95.0% 18-21
Total assets
€1.21M
-17.3% 18-21
Equity
€644k
+1.6% 18-21
Working capital
€617k
-20.2% 18-21
Income taxes
€653
+156.0% 18-21
Debt
€567k
-16.6% 18-21
Debt ≤ 1y
€532k
-12.2% 18-21
Debt > 1y
€35k
-50.4% 18-21
Current ratio
2.16
-5.1% 18-21
Quick ratio
2.16
-5.1% 18-21
Solvency
53.2%
+22.8% 18-21
Debt / equity
0.88
+695.8% 18-21
ROE
1.5%
-98.5% 18-21
ROA
0.8%
-98.1% 18-21
Interest coverage
5.76
- 18-21
Figures by fiscal year
Fiscal year2021
Depositverkort
Revenue-
EBITDA€41k
Net profit€10k
Cash flow€33k
Staff costs-
Income taxes€653
Dividends-
Total assets€1.21M
Equity€644k
Debt€567k
of which ≤ 1y€532k
of which > 1y€35k
Working capital€617k
Employees (FTE)-
Ratios (computed)
2021
Current ratio2.16
Quick ratio2.16
Working capital ratio50.9%
Solvency53.2%
Debt / equity0.88
Long-term debt ratio0.05
Interest coverage5.76
Gross margin-
Net margin-
ROA0.8%
ROE1.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet, Assets
TOTAL ASSETS 20/58€1.21M
Fixed assets 21/28€62k
Tangible fixed assets 22/27€47k
Financial fixed assets 28€16k
Current assets 29/58€1.15M
Amounts receivable within one year 40/41€584k
Cash & bank 54/58€564k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.21M
Equity 10/15€644k
Accumulated profits (losses) 14€644k
Amounts payable 17/49€567k
Amounts payable after one year 17€35k
Amounts payable within one year 42/48€532k
Trade debts payable within one year 44€441k
Income statement
Gross operating margin 9900€-108k
Operating result 9901€18k
Financial income 75€23
Financial charges 65€7k
Result before taxes 9903€11k
Income taxes 67/77€653
Net result for the period 9904€10k
Result to be appropriated 9905€10k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 10 directors
Current directors & mandates
  • Mike Dautzenberg
    Director
    State Gazette act 25047604 (10-04-2025)
    Current
    10-04-2025 → present
  • Dieter Ketelslagers
    Bestuurder, gedelegeerd bestuurder
    State Gazette act 23111029 (28-08-2023)
    Current
    28-08-2023 → present
    6 events
    • 28-08-2023 Resigned· Bestuurder, gedelegeerd bestuurder
    • 28-08-2023 Appointed· Bestuurder, gedelegeerd bestuurder
    • 14-10-2020 Appointed· Director
    • 14-10-2020 Appointed· Gedelegeerd bestuurder
    • 25-04-2017 Appointed· Gedelegeerd bestuurder
    • 30-03-2016 Appointed· Director
  • Karl Ketelslagers
    Bestuurder, voorzitter, gedelegeerd bestuurder
    State Gazette act 23111029 (28-08-2023)
    Current
    28-08-2023 → present
    5 events
    • 28-08-2023 Resigned· Bestuurder, voorzitter, gedelegeerd bestuurder
    • 28-08-2023 Appointed· Bestuurder, voorzitter, gedelegeerd bestuurder
    • 25-04-2017 Appointed· Bijkomende gedelegeerd bestuurder
    • 30-03-2016 Appointed· Director
    • 30-03-2016 Appointed· Gedelegeerd bestuurder
  • Nathalie Vinck
    Bestuuder, gedelegeerd bestuuder, voorzitter van de raad van bestuur
    State Gazette act 23111028 (28-08-2023)
    Current
    28-08-2023 → present
  • Kari Ketelslagers
    Director
    State Gazette act 20120492 (14-10-2020)
    Current
    14-10-2020 → present
    3 events
    • 14-10-2020 Appointed· Director
    • 14-10-2020 Appointed· Chair
    • 14-10-2020 Appointed· Gedelegeerd bestuurder
Former directors (5)
  • David Winkels
    Director
    State Gazette act 25047604 (10-04-2025)
    Former
    10-04-2025 → 22-08-2025
    2 events
    • 22-08-2025 Resigned· Director
    • 10-04-2025 Appointed· Director
  • Jan Willems
    Bestuuder, secretaris, penningmeester
    State Gazette act 23111028 (28-08-2023)
    Former
    28-08-2023 → 10-04-2025
    2 events
    • 10-04-2025 Resigned· Director
    • 28-08-2023 Appointed· Bestuuder, secretaris, penningmeester
  • Sarah Ketelslagers
    Gedelegeerd bestuurder
    State Gazette act 16044844 (30-03-2016)
    Former
    30-03-2016 → 14-10-2020
    2 events
    • 14-10-2020 Resigned· Director
    • 30-03-2016 Appointed· Gedelegeerd bestuurder
  • Agnes Huybrechts
    Bestuurder en voorzitter
    State Gazette act 16044844 (30-03-2016)
    Former
    30-03-2016 → 30-01-2018
    3 events
    • 30-01-2018 Resigned· Director
    • 25-04-2017 Resigned· Voorzitter van de raad van bestuur
    • 30-03-2016 Appointed· Bestuurder en voorzitter
  • Luc Ketelslagers
    Director
    State Gazette act 16044845 (30-03-2016)
    Former
    30-03-2016 → 30-01-2018
    2 events
    • 30-01-2018 Resigned· Director
    • 30-03-2016 Appointed· Director
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Legal Structure
NACE primary Gewoon technisch en beroepssecundair onderwijs ingericht door de Gemeenschappen(85321)
Legal form Non-profit association(017)
Incorporation25-11-2003
StatusActive
Postal code3500
Establishment units 1 location
Heidestraat 6B, 3500 Hasselt
Onderwijs voor sociale promotie
since 20132.310.960.365
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71323C0655/00R000 Flanders 588 m² 1 · 470 m² 8.1 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 20 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
22-08-2025
State Gazette act Statutes amendment
v3.2
10-04-2025
State Gazette act Director changes
v3.2
2023
28-08-2023
State Gazette act Director changes
v3.2
28-08-2023
State Gazette act Director changes
v3.2
2022
29-06-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
2021
28-06-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
14-10-2020
State Gazette act Director changes
v3.2
29-06-2020
NBB filing Annual accounts filed
fiscal year 2019 · verkort
2019
25-06-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
07-02-2019
NBB filing Annual accounts filed
fiscal year 2017 · verkort
2018
13-02-2018
NBB filing Annual accounts filed
fiscal year 2016 · verkort
30-01-2018
State Gazette act Director changes
v3.2
2017
25-04-2017
State Gazette act Director changes
v3.2
2016
12-12-2016
NBB filing Annual accounts filed
fiscal year 2015 · verkort
30-03-2016
State Gazette act Director changes
v3.2
30-03-2016
State Gazette act Director changes
v3.2
2015
13-10-2015
NBB filing Annual accounts filed
fiscal year 2014 · verkort
03-03-2015
NBB filing Annual accounts filed
fiscal year 2013 · verkort
2014
17-02-2014
NBB filing Annual accounts filed
fiscal year 2012 · verkort
2009
30-03-2009
State Gazette act Registered-office change
Agnes Huybrechts
Belgisch Staatsblad, acts 10 acts
Address history · 1
30-03-2009
Registered-office move
All acts · 10 updated 11 months ago
2025
22-08-2025 Articles of association amended Statutes amendment
Summary: v3.2
Technical details 
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10-04-2025 2 directors appointed, 1 resigning Director changes
  • Mike Dautzenberg, Bestuurder
  • David Winkels, Bestuurder
  • Jan Willems, Bestuurder
Summary: v3.2
Technical details 
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2023
28-08-2023 2 directors appointed, 2 resigning Director changes
  • Nathalie Vinck, Bestuuder, gedelegeerd bestuuder, voorzitter van de raad van bestuur
  • Jan Willems, Bestuuder, secretaris, penningmeester
  • Dieter Ketelslagers, Bestuurder, gedelegeerd bestuurder
  • Karl Ketelslagers, Bestuurder, voorzitter, gedelegeerd bestuurder
Summary: v3.2
Technical details 
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      "kind": "director_out",
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28-08-2023 2 directors appointed Director changes
  • Karl Ketelslagers, Bestuurder, voorzitter, gedelegeerd bestuurder
  • Dieter Ketelslagers, Bestuurder, gedelegeerd bestuurder
Summary: v3.2
Technical details 
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2020
14-10-2020 5 directors appointed, 1 resigning Director changes
  • Dieter Ketelslagers, Bestuurder
  • Dieter Ketelslagers, Gedelegeerd bestuurder
  • Kari Ketelslagers, Bestuurder
  • Kari Ketelslagers, Voorzitter
  • Kari Ketelslagers, Gedelegeerd bestuurder
  • Sarah Ketelslagers, Bestuurder
Summary: v3.2
Technical details 
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2018
30-01-2018 2 resigning Director changes
  • Agnes Huybrechts, Bestuurder
  • Luc Ketelslagers, Bestuurder
Summary: v3.2
Technical details 
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2017
25-04-2017 2 directors appointed, 1 resigning Director changes
  • Karl Ketelslagers, Bijkomende gedelegeerd bestuurder
  • Dieter Ketelslagers, Gedelegeerd bestuurder
  • Agnes Huybrechts, Voorzitter van de raad van bestuur
Summary: v3.2
Technical details 
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2016
30-03-2016 4 directors appointed Director changes
  • Agnes Huybrechts, Bestuurder en voorzitter
  • Karl Ketelslagers, Bestuurder
  • Dieter Ketelslagers, Bestuurder
  • Sarah Ketelslagers, Gedelegeerd bestuurder
Summary: v3.2
Technical details 
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30-03-2016 2 directors appointed Director changes
  • Luc Ketelslagers, Bestuurder
  • Karl Ketelslagers, Gedelegeerd bestuurder
Summary: v3.2
Technical details 
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      "person": {
        "rrn": null,
        "name": "Karl Ketelslagers",
        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0861.827.974",
    "name_full": "Alternatieva (verkort)"
  }
}
2009
30-03-2009 Registered office moved within Hasselt Registered-office change·Agnes Huybrechts
  • Eikenhofstraat 24 te 3500 Hasselt → Heidestraat 6 B - 3500 Hasselt
Notary: Agnes Huybrechts · Hasselt
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Heidestraat 6 B - 3500 Hasselt",
        "city": "Hasselt",
        "region": "vlaams_gewest",
        "street": "Heidestraat",
        "country": "BE",
        "postcode": "3500",
        "box_number": null,
        "street_number": "6 B",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Eikenhofstraat 24 te 3500 Hasselt",
        "city": "Hasselt",
        "region": "vlaams_gewest",
        "street": "Eikenhofstraat",
        "country": "BE",
        "postcode": "3500",
        "box_number": null,
        "street_number": "24",
        "locality_suffix": null
      },
      "effective_date": "2009-02-12",
      "evidence_quote": "De vergadering beslist de zetel van de VZW vanaf 12 februari 2009 over te brengen naar Heidestraat 6 B - 3500 Hasselt.",
      "region_changed": false,
      "is_statute_change": false,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "absolute",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": "Agnes Huybrechts",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Hasselt",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2009-03-30",
    "filing_date": "2009-02-12",
    "act_kind_objet": "Verplaatsing maatschappelijke zetel"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "date": "2009-02-12",
    "unanimous": true
  },
  "subject_company": {
    "kbo": "0861.827.974",
    "name_full": "ALTERNATIEVA",
    "legal_form": "VZW"
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [
    "Uittreksel uit de notulen van de Bijzondere Algemene Vergadering"
  ]
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Gewoon technisch en beroepssecundair onderwijs ingericht door de Gemeenschappen85321Gewoon technisch en beroepssecundair onderwijs ingericht door de Gemeenschappen85321Overige verenigingen, n.e.g.94999Overige verenigingen, neg94999
Primary activity highlighted.
Names & trade names
Legal nameNL ALTERNATIEVA.
Registered office
Heidestraat 6B
3500 Hasselt, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative