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ALTERNATIVE

Active
Private limited companyfounded 2008active for 18 yearsLouizalaan 251, 1050 Brussel, Belgium283 active companies are registered at this addressKBO/BCE: BE 0899.280.466
Summary

ALTERNATIVE has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36,944 and a net result of -€8,605. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 90% of 12,724 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Retail sale of cars and light vans (up to 3.5 tonnes)
NACE 47811
1 site
Size
≈ €270,000turnover 2025, estimated
Staff
≈ 0.6 FTE, estimated
Equity
€36,944
Loss
-€8,605
Turnover estimated from the gross margin
Financial health
88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
2025 accounts filed 21 days late6 of 9 deeds summarised
Why 88raises riskLoss of €8,605, the second in a row (financial year 2025)Last filed accounts filed 21 days late; 1 of the last 3 latelowers riskLiquidity: current ratio 4.38, cash €28,324Equity €36,944 (81.1% of total assets)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 51% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Strong
Solvency 100+8
equity 81.1% of total assets
Liquidity 95+19
short-term debt 17.8% · cash 62.2%
Profitability 0-56
return on assets -18.9%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,268 companies, NACE 47, micro)
Last 24 months 11-2024: 2.3%highest value 12-2024: 0.7%▼ -1.6 percentage points vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.2%▼ -0.5 percentage points vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.4%▲ +0.1 percentage points vs 08-2025 10-2025: 0.3%▼ -0.1 percentage points vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026 09-2026: 0.2%▼ -0.3 percentage points vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity ample (current ratio 4.38, compared with 1.83 in 2024, above the usual 1.5; short-term debt: 17.8% and cash: 62.2% of total assets), and 18.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 92% on solvency, 94% on liquidity, 6% on profitability and 12% on growth.

The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 4.38, cash €28,324
NBB · annual accounts
raises risk · Loss of €8,605, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Equity €36,944 (81.1% of total assets)
NBB · annual accounts
raises risk · Last filed accounts filed 21 days late; 1 of the last 3 late
NBB · filings
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€8,605
raises risk · 2025 accounts filed 21 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
21 days late
2024
30 days late
2023
97 days late
2022
25 days late
2021
29 days late
2020
30 days late
2019
40 days late
← 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 39 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Resignations: LAKHAL AHMED, WADI AHMED and…Appointment: STILI OMAR (actionnaire et…
  3. Appointment: HUSSAIN Shahadat (director)Gazette deed

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (21 days) Filed on 21 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00430989.

Turnover
€165,706▲ 1.0%
2023 · €164,103
EBIT margin
-0.7%▼ 14.9pp
2023 · 14.2%
Net result
-€8,605▼ 426%
2024 · -€1,636
Working capital
€27,493▲ 8.0%
2024 · €25,447
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €8,520 in 2025 against €1,134 in 2024; the loss grows and 2025 has the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€165,706 2024 Operating result-€8,520 2025 Net result-€8,605 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€120,662€164,103▲ 36.0%€165,706▲ 1.0%
Operating result-€4,580-€5,571€13,671▲ 145%€11,160▼ 18.4%-€4,832€23,287-€1,134-€8,520▼ 651%
Net result-€3,917-€4,283€13,495within the sector's middle half▲ 215%€9,800within the sector's middle half▼ 27.4%-€4,988below the sector's middle half€19,849within the sector's middle half-€1,636within the sector's middle half-€8,605below the sector's middle half▼ 426%
EBIT margin-4.0%14.2%▲ 18.2pp-0.7%▼ 14.9pp
Equity€23,265-€27,548▲ 18.4%€41,043within the sector's middle half▲ 49.0%€50,843within the sector's middle half▲ 23.9%€45,856within the sector's middle half▼ 9.8%€65,704within the sector's middle half▲ 43.3%€64,069within the sector's middle half▼ 2.5%€36,944below the sector's middle half▼ 42.3%
Total assets€30,151-€31,182▲ 3.4%€45,603below the sector's middle half▲ 46.2%€53,739below the sector's middle half▲ 17.8%€52,797below the sector's middle half▼ 1.8%€81,058within the sector's middle half▲ 53.5%€95,319within the sector's middle half▲ 17.6%€45,559below the sector's middle half▼ 52.2%
Debt€6,886-€3,634▼ 47.2%€4,560▲ 25.5%€2,895▼ 36.5%€6,942▲ 140%€15,353▲ 121%€31,250▲ 104%€8,615▼ 72.4%
Working capital€13,015-€22,347▲ 71.7%€32,478within the sector's middle half▲ 45.3%€32,386within the sector's middle half▼ 0.3%€25,463within the sector's middle half▼ 21.4%€48,046within the sector's middle half▲ 88.7%€25,447within the sector's middle half▼ 47.0%€27,493within the sector's middle half▲ 8.0%
Solvency77.2%-88.3%▲ 11.2pp90.0%above the sector's middle half▲ 1.7pp94.6%above the sector's middle half▲ 4.6pp86.9%above the sector's middle half▼ 7.8pp81.1%above the sector's middle half▼ 5.8pp67.2%above the sector's middle half▼ 13.8pp81.1%above the sector's middle half▲ 13.9pp
Current ratio2.89-7.15▲ 4.268.12above the sector's middle half▲ 0.9712.19above the sector's middle half▲ 4.064.67above the sector's middle half▼ 7.524.13above the sector's middle half▼ 0.541.83within the sector's middle half▼ 2.304.38above the sector's middle half▲ 2.56
Return on assets (ROA)-13.0%-13.7%▲ 26.7pp29.6%above the sector's middle half▲ 15.9pp18.2%above the sector's middle half▼ 11.4pp-9.4%below the sector's middle half▼ 27.7pp24.5%above the sector's middle half▲ 33.9pp-1.7%within the sector's middle half▼ 26.2pp-18.9%below the sector's middle half▼ 17.2pp
above within below the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €45,559
Fixed assets €9,941 ▼ 74.6%
Current assets €35,618 ▼ 36.7%
Equity and liabilities €45,559
Equity €36,944 ▼ 42.3%
Debt €8,615 ▼ 72.4%
Debt's share of the balance-sheet total falls from 32.8% to 18.9%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€4,719▼
2024 · €5,722
Cash flow
-€4,804▼
2024 · €5,221
Debt to equity
0.23▼
2024 · 0.49
ROE
-23.3%▼
2024 · -2.6%
Interest coverage
-17.38▼
2024 · 22.86
Debt ≤ 1 year
€8,125▼
2024 · €30,791
Staff costs
€17,877▼
2024 · €48,362
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,805 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 88.1% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
2.0% went bankrupt
9.8% stopped otherwise
88.1% still going

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

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 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% 0.9%
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 74.5% 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 4,805 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 · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€95,319€45,559▼
Fixed assets21/28€39,080€9,941▼
Tangible fixed assets22/27€38,930€9,791▼
Furniture and vehicles24€38,930€9,791▼
Financial fixed assets28€150€150=
Current assets29/58€56,239€35,618▼
Stocks and contracts in progress3€4,480-
Stocks30/36€4,480-
Amounts receivable within one year40/41€21,118€6,281▼
Trade receivables40-€2,510
Other amounts receivable41€21,118€3,771▼
Cash at bank and in hand54/58€30,640€28,324▼
Deferred charges and accrued income490/1-€1,013
Equity and liabilities
Total equity and liabilities10/49€95,319€45,559▼
Equity10/15€64,069€36,944▼
Contributions10/11€19,000-
Capital10€19,000-
Issued capital100€19,000-
Reserves13€1,900€1,900=
Non-distributable reserves130/1€1,900€1,900=
Reserves not available under the articles1311€1,900€1,900=
Profit (loss) carried forward14€43,169€35,044▼
Amounts payable17/49€31,250€8,615▼
Amounts payable within one year42/48€30,791€8,125▼
Trade debts44€5,620€2,369▼
Suppliers440/4€5,620€2,369▼
Taxes, remuneration and social security45€10,170€5,756▼
Taxes450/3€1,649€3,844▲
Remuneration and social security454/9€8,521€1,912▼
Other amounts payable47/48€15,001-
Accrued charges and deferred income492/3€459€490▲
Income statement Code20242025
Turnover70€165,706-
Goods, raw materials, services and sundry goods60/61€100,369-
Remuneration, social security and pensions62€48,362€17,877▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,857€3,801▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1,920-
Other operating charges640/8€8,852€1,367▼
Non-recurring operating charges66A€480€7,091▲
Gross operating margin9900€65,337€21,616▼
Operating profit (loss)9901-€1,134-€8,520▼
Financial income75/76B€999€187▼
Recurring financial income75€999€187▼
Financial charges65/66B€250€272▲
Recurring financial charges65€250€272▲
Profit (loss) for the period before taxes9903-€386-€8,605▼
Income taxes67/77€1,250-
Profit (loss) for the period9904-€1,636-€8,605▼
Profit (loss) for the period to be appropriated9905-€1,636-€8,605▼
Appropriation of the result
Profit (loss) to be appropriated9906€43,169€35,044▼
Profit (loss) brought forward from the previous period14P€44,804€43,649▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Turnover70----€120,662€164,103€165,706--
Non-recurring operating income76A---€2,673-€1,973---
Goods, raw materials, services and sundry goods60/61---€55,858€111,936€100,185€100,369--
Remuneration, social security and pensions62---€434€4,264€24,719€48,362€17,877▼ 63.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,050€5,049€5,074€3,531€8,295€7,119€6,857€3,801▼ 44.6%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4------€1,920--
Other operating charges640/8---€1,060€984€5,220€8,852€1,367▼ 84.6%
Non-recurring operating charges66A----€14€5,549€480€7,091▲ 15×
Gross operating margin9900€8,705€15,821€25,585€16,185€8,726€65,892€65,337€21,616▼ 66.9%
Operating profit (loss)9901-€4,580€5,571€13,671€11,160-€4,832€23,287-€1,134-€8,520▼ 651%
Financial income75/76B----€132€0€999€187▼ 81.3%
Recurring financial income75€966-€1,750-€132€0€999€187▼ 81.3%
Financial charges65/66B---€174€288€281€250€272▲ 8.5%
Recurring financial charges65€303€265€153€174€288€281€250€272▲ 8.5%
Profit (loss) for the period before taxes9903-€3,917€5,306€15,268€10,986-€4,988€23,005-€386-€8,605▼ 2,131%
Income taxes67/77-€1,023€1,773€1,186-€3,156€1,250--
Profit (loss) for the period9904-€3,917€4,283€13,495€9,800-€4,988€19,849-€1,636-€8,605▼ 426%
Profit (loss) for the period to be appropriated9905-€3,917€4,283€13,495€9,800-€4,988€19,849-€1,636-€8,605▼ 426%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€30,151€31,182€45,603€53,739€52,797€81,058€95,319€45,559▼ 52.2%
Fixed assets21/28€10,250€5,201€8,565€18,457€20,393€17,658€39,080€9,941▼ 74.6%
Tangible fixed assets22/27€10,100€5,051€8,415€18,307€20,243€17,508€38,930€9,791▼ 74.9%
Furniture and vehicles24---€18,307€20,243€17,508€38,930€9,791▼ 74.9%
Financial fixed assets28€150€150€150€150€150€150€150€150=
Current assets29/58€19,901€25,981€37,038€35,282€32,405€63,400€56,239€35,618▼ 36.7%
Stocks and contracts in progress3---€7,100-€6,400€4,480--
Stocks30/36---€7,100-€6,400€4,480--
Amounts receivable within one year40/41€15,443€11,887€16,799€13,613€13,969€11,405€21,118€6,281▼ 70.3%
Trade receivables40---€329---€2,510-
Other amounts receivable41---€13,284€13,969€11,405€21,118€3,771▼ 82.1%
Cash at bank and in hand54/58€2,542€12,192€20,239€13,203€18,436€43,572€30,640€28,324▼ 7.6%
Deferred charges and accrued income490/1---€1,366-€2,023-€1,013-
Equity and liabilities
Total equity and liabilities10/49€30,151€31,182€45,603€53,739€52,797€81,058€95,319€45,559▼ 52.2%
Equity10/15€23,265€27,548€41,043€50,843€45,856€65,704€64,069€36,944▼ 42.3%
Contributions10/11€19,000€19,000€19,000€19,000€19,000€19,000€19,000--
Capital10------€19,000--
Issued capital100------€19,000--
Reserves13€1,900€1,900€1,900€1,900€1,900€1,900€1,900€1,900=
Non-distributable reserves130/1---€1,900€1,900€1,900€1,900€1,900=
Reserves not available under the articles1311---€1,900€1,900€1,900€1,900€1,900=
Profit (loss) carried forward14€2,365€6,648€20,143€29,943€24,956€44,804€43,169€35,044▼ 18.8%
Amounts payable17/49€6,886€3,634€4,560€2,895€6,942€15,353€31,250€8,615▼ 72.4%
Amounts payable within one year42/48€6,886€3,634€4,560€2,895€6,942€15,353€30,791€8,125▼ 73.6%
Trade debts44€2,467€1,206€1,384€821€17€3,165€5,620€2,369▼ 57.8%
Suppliers440/4---€821€17€3,165€5,620€2,369▼ 57.8%
Taxes, remuneration and social security45---€2,075€6,924€12,189€10,170€5,756▼ 43.4%
Taxes450/3---€2,075€2,763€5,506€1,649€3,844▲ 133%
Remuneration and social security454/9----€4,162€6,683€8,521€1,912▼ 77.6%
Other amounts payable47/48------€15,001--
Accrued charges and deferred income492/3------€459€490▲ 6.7%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€3,917€4,283€13,495€9,800-€4,988€19,849-€1,636-€8,605▼ 426%
+ Depreciation and write-downs630€5,050€5,049€5,074€3,531€8,295€7,119€6,857€3,801▼ 44.6%
Operating cash flow (approximation)€1,133€9,332€18,569€13,331€3,308€26,967€5,221-€4,804-
Investment in fixed assets (approximation)-€0-€8,438-€13,423-€10,231-€4,384-€28,279€25,338-
Change in cash-€9,650€8,047-€7,036€5,233€25,136-€12,931-€2,316▲ 82.1%

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

Latest 10 of 17 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 21-08-2026 2026-00430989
31-12-2024 micro format 30-08-2025 2025-00464340
31-12-2023 micro format 05-11-2024 2024-00530917
31-12-2022 micro format 25-08-2023 2023-00362079
31-12-2021 micro format 29-08-2022 2022-20405656
31-12-2020 micro format 30-08-2021 2021-60000417
31-12-2019 micro format 09-09-2020 2020-52200157
31-12-2018 micro format 28-08-2019 2019-54300401
31-12-2017 micro format 31-08-2018 2018-60000028
31-12-2016 full format 29-09-2017 2017-65500495

Show all 17 filings

Similar companies · same sector, comparable size

Of the 10,460 active companies whose main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811), figures are known for 5,371. 3,228 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, last change in 2026

Board 2

HUSSAIN Shahadat
Director · since 06-07-2026
Current
STILI OMAR
Actionnaire et administrateur · since 22-07-2026
Current

Other functions 1

STILI OMAR
Actionnaire et administrateur · since 22-07-2026
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
3 of this company's 9 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

7 people since 2022, 2 in office
Show
  • Board
  • Other function
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
HUSSAIN Shahadat
  • Director, from 06-07-2026 to date
STILI OMAR
  • Actionnaire et administrateur, from 22-07-2026 to date
  • Actionnaire et administrateur, from 22-07-2026 to date
HAMDANI ABDELMOUNIM
  • Director, from 16-02-2026 to 22-07-2026
  • Actionnaire et administrateur, until 22-07-2026
LAKHAL Ahmed
  • Director, from 01-07-2025 to 22-07-2026
  • Actionnaire et administrateur, until 22-07-2026
WADI Ahmed
  • Director, from 01-07-2025 to 22-07-2026
  • Actionnaire et administrateur, until 22-07-2026
AKHRIF Najib
  • Director, until 14-07-2025
Azahaf Mounir
  • Director, until 31-12-2022
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
Stated in the act act of 30-07-2026 ↗
Stated in the act act of 27-02-2026 ↗
Share transfer act of 14-07-2025 ↗
Share transfer act of 06-02-2023 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 27-12-2024 Converted to unavailable equity

Group and network

Connections & network

2 current directors
Depth

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History

On 15 July 2008, ALTERNATIVE was incorporated.1 In 2023 the registered office moved to Brussel.2 Turnover went from €120,662 in 2022 to €165,706 in 2024.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 06-02-2023
  3. 3National Bank, annual accounts 2022 and 2024

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
21-08
NBB filing Annual accounts filed
financial year 2025 · abbreviated format · 21 days late
30-07
Gazette deed Resignations: LAKHAL AHMED, WADI AHMED and HAMDANI ABDELMOUNIM
Appointment: STILI OMAR (actionnaire et administrateur) · Share transfer · Shareholding10 facts ▸
  • General meeting, 22-07-2026
  • Director resignation, LAKHAL AHMED (actionnaire et administrateur)
  • Director resignation, WADI AHMED (actionnaire et administrateur)
  • Director resignation, HAMDANI ABDELMOUNIM (actionnaire et administrateur)
  • Director appointment, STILI OMAR (actionnaire et administrateur)
  • Share transfer, HAMDANI ABDELMOUNIM → HUSSAIN SHAHADAT
  • Shareholding, 22-07-2026, 98
  • Shareholding, 22-07-2026, 2
  • Share transfer, LAKHAL AHMED → STILI OMAR
  • Share transfer, WADI AHMED → STILI OMAR
15-07
Gazette deed Appointment: HUSSAIN Shahadat (director)
5 facts ▸
  • General meeting, 06-07-2026
  • Director appointment, HUSSAIN Shahadat (director)
  • Director in office, LAKHAL Ahmed (director)
  • Director in office, WADI Ahmed (director)
  • Director in office, HUSSAIN Shahadat (director)
27-02
Gazette deed Appointment: Hamdani Abdelmounim (director)
Shareholding3 facts ▸
  • General meeting, 16-02-2026
  • Director appointment, Hamdani Abdelmounim (director)
  • Shareholding, 16-02-2026, “parts sociales” (deed in French) (3 times)
2025
31-12
Financial Weakest financial yearnet -€8,605
Net result drops to -€8,605, the lowest in the series.
31-12
Financial Liquidity more than doubledcurrent ratio 4.38
Current ratio from 1.83 to 4.38; short-term debt falls from €30,791 to €8,125.
30-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 30 days late
14-07
Gazette deed Resignation: AKHRIF Najib (director)
Appointments: WADI Ahmed (director) and LAKHAL Ahmed (director) · Share transfer6 facts ▸
  • General meeting, 26-06-2025
  • Share transfer, AKHRIF Najib → LAKHAL Ahmed
  • Share transfer, AKHRIF Najib → WADI Ahmed
  • Director resignation, AKHRIF Najib (director)
  • Director appointment, WADI Ahmed (director)
  • Director appointment, LAKHAL Ahmed (director)
2024
27-12
Gazette deed Purpose · Amendment of the articles · Legal-form change · Resignations & appointments · Miscellaneous
Legal form clause · Capital conversion · Reserve release8 facts ▸
  • General meeting, 11-12-2024
  • Legal form clause, “société à responsabilité limitée (SRL)” (deed in French)
  • Capital conversion, “compte de fonds propres statutairement indisponible” (deed in French)
  • Other provision, “suppression du compte de fonds propres statutairement indisponible, suppression” (deed in French)
  • Reserve release, “compte de réserves disponibles créé à cette fin” (deed in French)
  • Director in office, AKHRIF Najib (sole director)
  • Purpose change
  • Amendment of the articles
05-11
NBB filing Annual accounts filed
financial year 2023 · micro format · 97 days late
2023
31-12
Financial Back to profitnet €19,849
Net result €19,849 after one loss-making year.
25-08
NBB filing Annual accounts filed
financial year 2022 · micro format · 25 days late
Show earlier events
06-02
Gazette deed Resignation: Azahaf Mounir (director)
Share transfer · Director discharge · Registered-office move5 facts ▸
  • General meeting, 31-12-2022
  • Share transfer, Azahaf Mounir → Najib Akhrif
  • Director resignation, Azahaf Mounir (director)
  • Director discharge, Azahaf Mounir
  • Registered-office move, Louizalaan 251 bus 4 te 1050 Brussel
2022
29-08
NBB filing Annual accounts filed
financial year 2021 · micro format · 29 days late
2021
30-08
NBB filing Annual accounts filed
financial year 2020 · micro format · 30 days late
2020
09-09
NBB filing Annual accounts filed
financial year 2019 · micro format · 40 days late
2019
31-12
Financial Back to profitnet €4,283
Net result €4,283 after one loss-making year.
31-12
Financial Liquidity more than doubledcurrent ratio 7.15
Current ratio from 2.89 to 7.15; short-term debt falls from €6,886 to €3,634.
28-08
NBB filing Annual accounts filed
financial year 2018 · micro format · 28 days late
2018
31-08
NBB filing Annual accounts filed
financial year 2017 · micro format · 31 days late
2017
29-09
NBB filing Annual accounts filed
financial year 2016 · full format · 60 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 17 annual accounts filed, the latest 10 are here; all 17 are under Financials.
6 of 9 deeds read
About the unread acts

Of the 9 Belgian Official Gazette deeds we know for this company, 6 have been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded15-07-2008
Financial year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46711Wholesale of cars and light vans (up to 3.5 tonnes)
49330On-demand passenger transport by chauffeured vehicle
E-invoicing
Reachable via Peppol
Peppol ID 0208:0899280466
Registered 28-01-2026

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

Register as of 30 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2008
registered office establishment The establishment unit on the map
Ground area
1,574 m²
Building footprint
1,579 m²
Building volume
46,471 m³
Parcel 21807G0135/00T003, Brussels · tallest building 46.6 m. Linked by address, not a title deed.
283 companies at this address See who is registered here
1 establishment unit
ALTERNATIVE
Louizalaan 251, 1050 ElseneManufacture of motor vehicles, trailers and semi-trailers
since 2008unit no. 2.171.994.306
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21807G0135/00T003 Brussels 1,574 m² 1 · 1,579 m² 46.6 m · 13
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Exploitation de taxis; De véhicules d'occasions et neufs; Exploitation de moyens de transport; Transport routier national et international…” (deed in French)
36 activities (deed in French)
  1. Exploitation de taxis
  2. De véhicules d'occasions et neufs
  3. Exploitation de moyens de transport
  4. Transport routier national et international
  5. Transport de marchandises
  6. Transport de colis
  7. Transport de personnes
  8. Déménagement et l’affrètement national et international
  9. Tous types de véhicules et leurs pièces détachées et/ou de rechange,accessoires automobiles
  10. Tous les appareils électroniques,électriques,informatiques,bureautiques
  11. Tous les textiles (cuir,daim,…),lingerie et confections pour habillement et autres,dames,hommes et enfants
  12. Ainsi que toutes activités connexes,marchés publics,commerce ambulant
  13. Tous les articles cadeaux
  14. Tous les articles de décoration,d’ameublement
  15. Tous les produits de cosmétique,de toilette ou de parfumerie
  16. Tous les articles de cristallerie
  17. Tous les meubles,tapis,articles de revêtement de sol,articles ménagers,électroménagers
  18. Tous les bijoux fantaisie
  19. Tous les produits alimentaires,alimentation générale
  20. Exploitation de téléboutiques
  21. Exploitation de réseaux de communication,de réseaux internet
  22. Exploitation de librairie,de bureau de tabac,de cabines de télécommunications
  23. Exploitation de station-service,de car-wash,dépannage sur route
  24. Exploitation de garage en mécanique et de carrosserie
  25. Exploitation d’atelier de réparation électrique et électronique
  26. Tous types de véhicules automoteurs neufs ou d’occasion
  27. Toutes pièces détachées et/ou de rechange et accessoires de tous véhicules neufs ou d’occasion
  28. Intermédiaire commercial
  29. Toutes les activités administratives et de soutien pour les bureaux et autres activités commerciales
  30. Tous services administratifs de bureau et autres activités de soutien aux entreprises
  31. Toutes activités de conseil pour les affaires et autres conseils de gestion
  32. Toutes les activités d'une société de gestion,y compris l'exercice de mandats d'administrateur et de liquidateur dans d'autres entités juridiques
  33. Toutes les activités des sociétés holding,y compris l'acquisition et la participation dans d'autres sociétés par le biais d'investissements et de la gestion d'un portefeuille de valeurs financières
  34. Toutes les activités d'une société de patrimoine immobilier,y compris le commerce de biens immobiliers propres et la location et l'exploitation de biens immobiliers propres ou loués
  35. La formation et la consultance sous n’importe quelle forme dans tous les domaines susmentionnés
  36. La constitution de toutes garanties personnelles et réelles pour garantir l’exécution d’engagements propres et engagements de tiers

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
ALTERNATIVE
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Bruxelles-Capitale” (deed in French)

deed of 27-12-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Un ou plusieurs administrateurs, personnes physiques ou morales,actionnaires ou non” (deed in French)

deed of 27-12-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Friday of June at 18:00

deed of 27-12-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Conditions d’admission à l’assemblée générale, droits afférents aux titres ne peuvent pas être suspendus” (deed in French)
Other provision: “Conditions d’exercice du droit de vote à l’assemblée générale, chaque action donne droit à une voix” (deed in French)
Other provision: “Procuration,vote par écrit et ordre du jour, procuration écrite par tout moyen de transmission” (deed in French)
Other provision: “Majorité pour décisions de l’assemblée générale, majorité des voix” (deed in French)
Other provision: “Bénéfice annuel net affecté par l'assemblée générale sur proposition de l'organe d'administration, constitution des réserves et répartition…” (deed in French)
Liquidation distribution: “Actif net réparti entre tous les actionnaires en proportion de leurs actions et biens conservés remis pour partage dans même proportion” (deed in French)
1 more provision in the deed, see the deed of 27-12-2024

deed of 27-12-2024