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Alternative Green

Active
Public limited companyfounded 2008active for 18 yearsRue des Cooses,Louftémont 6, 6860 Léglise, BelgiumKBO/BCE: BE 0899.460.115
Summary

Alternative Green has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.5m and a net result of -€404,035. Equity has been growing by about 20% per year since 2018. Its solvency ranks better than 91% of 351 sector peers (NACE 35, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Official details

Source: KBO
Status
Active since 24-07-2008 Normal situation
Activity
Production of electricity from non-renewable sources NACE 35110
Establishment unit
2.173.174.439 6860 Léglise, since 01-08-2008
Financial year end
31 December
Peppol
Reachable since 19-12-2025

Financial position

67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts 2025
Gross margin
-€475,735
▼ 820%
Loss
€404,035
Equity
€4.5m
▼ 8.2%
Total assets
€5.2m
▼ 10.0%
Employees on 31-12-2025
1
  • 2025 accounts filed 88 days after the deadline
Filed on 27-10-2026
Score breakdownraises riskLiquidity: current ratio 2.88, cash €5,785Last filed accounts filed 88 days late; 2 of the last 3 accounts lateLoss of €404,035 (financial year 2025)lowers riskFounded in 2008Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 40% of small companies in electricity, gas and steam (NACE 35)
Financial strength · tick: 2024
Average
Solvency 100=
equity 86.7% of total assets
Liquidity 48-2
short-term debt 12.8% · cash 0.1%
Profitability 9-41
return on assets -7.8%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (254 companies, NACE 35, small)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.2%▲ +0.1 percentage points vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▲ +0.1 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.6%▲ +0.2 percentage points vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.4%▼ -0.2 percentage points vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.5%▲ +0.1 percentage points vs 02-2026 04-2026: 0.4%▼ -0.1 percentage points vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.5%▲ +0.1 percentage points vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.8%▲ +0.3 percentage points vs 07-2026 09-2026: 0.9%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.8%▼ -0.1 percentage points vs 09-2026 11-2026: 0.8%● unchanged vs 10-2026
Credit of up to €300,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.88 (5.66 in 2024), above the usual 1.5. Short-term debt is 12.8% and cash 0.1% of total assets. 13.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 35, small). It does better than 95% of them on solvency, 37% on liquidity, 6% on profitability and 22% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 2.88, cash €5,785
NBB · annual accounts
raises risk · Last filed accounts filed 88 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Loss of €404,035 (financial year 2025)
NBB · annual accounts
lowers risk · Founded in 2008
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 88 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-10-2026, 88 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
88 days late
2024
91 days late
2023
29 days late
2022
31 days late
2021
92 days late
2020
8 days early
2019
50 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 39 days after the deadline. In the sector (NACE 35), the median for financial year 2024 was 22 days before the deadline, and 27% 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 27 October (4 of the last 5 accounts filed within 57 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €3.4m in 2024 -€404,035 View
  • Caution: Lower net result than 90% of companies in electricity, gas and steamsector median €157,895 · 350 companies -€404,035 View

Comparable companies

These companies have the same main activity as Alternative Green: production of electricity from non-renewable sources (NACE 35110). They are comparable in size and age: total assets between €2.1m and €6.1m, founded between 2003 and 2013.

CompanyTotal assetsGross margin
Alternative Green Léglise€5.2m-€0.5m
GREENERGY Herselt€6.1m-€0.007m
Walk the extra mile Sint-Martens-Latem€3.7m-€0.1m
ELECTRABEL SEANERGY Brussel€3.8m-€0.009m
HesbEnergie Orp-Jauche€4.7m-€0.06m
WIND FARM Houyet€5.8m-€0.2m
Nosse Moulin Gembloux€2.1m-€0.007m
Full comparison

Key facts about Alternative Green

What is the company number of Alternative Green?
The company number of Alternative Green is 0899.460.115. The VAT number is the same number with BE in front: BE 0899.460.115.
Where is Alternative Green based?
The registered office is at Rue des Cooses,Louftémont 6, 6860 Léglise.Company details
What does Alternative Green do?
According to the KBO register, the main activity is production of electricity from non-renewable sources (NACE 35110).
What is the legal form of Alternative Green?
The legal form of Alternative Green is Public limited company (NV).
When was Alternative Green founded?
Alternative Green was founded on 24-07-2008.
Is Alternative Green still active?
Yes, Alternative Green is an active enterprise in the KBO register.
How many employees does Alternative Green have?
Alternative Green had an average of 0.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Alternative Green?
The annual accounts for financial year 2025 state no turnover. In financial year 2020 turnover was €132,400.
Is Alternative Green profitable?
In financial year 2025, Alternative Green made a loss of €404,035.
Where can I find the annual accounts of Alternative Green?
Alternative Green filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Alternative Green due?
Alternative Green must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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