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ALTERNATIVE IMMO

Active Private limited companyfounded 2011active for 14 yearsRue Jacques Musch 16, 4053 ChaudfontaineKBO/BCE: BE 0841.598.922 #10 company by total assets in Chaudfontaine, Real estate sector

Lifetime

14 annual accounts with figures on one time axis
peak €319,825 (2024)
€289,103▼ 9.6%
lowest -€3,714 (2013)
€10,102▼ 88.1%
peak €285,043 (2025)
€285,043▲ 3.7%
€4.9m▲ 50.1%
Board3 names since 2010
2 directors and 1 other
Documentsfilings and deeds
28-09-202659 days late
2025micro format
Result from €85,196 to €10,102Debts from €3.3m to €4.9mInvestments €2.1mCash from €2,697 to €44,137

Key points

from the 2025 annual accounts

Equity

€285,043 ▲ 3.7%

ALTERNATIVE IMMO has made a profit without a break since 2014.

Result

€10,102 ▼ 88.1%
€85,2002024€10,1002025

The result fell in 2025 from €85,196 to €10,102.

Debts

€4.9m 95% of the balance sheet
Financial debts 78%Suppliers 7%Taxes and wages 0%Other 15%

Of this, €1.0m falls due within a year.

Investments

€2.1m 16.2 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Land and buildings stand 65.5% higher than in 2024.

Liquidity

0.13 was 1.15 in 2024

Short-term debts rose from €436,871 to €1.0m.

Filings

14 annual accounts since 2012
AprilJune31 JulyOctober201520202025

Nine of the last ten came late. The 2020 accounts came latest: 87 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,449 companies had the same profile as ALTERNATIVE IMMO has now. Each dot stands for 4 companies, two years later.

95.7%
were still trading
2.1%
stopped another way
2.0%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet

Another 0.3% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,449 companies, not a prediction for ALTERNATIVE IMMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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

Signals

Board and ownership

Director, since 12-10-2010
Manager, since 12-10-2010
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0841598922
Reappointment: (director) Permanent representative: · Gazette deed
Change of role: , from statutory manager to manager Resignation: (statutory manager) · General meeting of 04-02-2016 · Gazette deed
First establishment Rue Jacques Musch 16, Chaudfontaine
All 27 events

Comparable companies

same main activity, similar in size and age
Company
ALTERNATIVE IMMO Chaudfontaine €5.2m €289,103 5.5% -
FL PROJECTS Chaudfontaine €5.0m €440,567 5.2% -
DIADE Liège €6.6m €253,968 4.0% 1
AVARONNE Kortrijk €5.3m €249,231 7.3% 1.2
VITRUVIUS VASTGOED Zedelgem €5.3m €384,917 97.7% -
Montreal Development Antwerp €5.7m €256,025 3.9% 1.5
CELVIZIA Bilzen-Hoeselt €5.5m €345,905 7.4% -

These companies have the same main activity as ALTERNATIVE IMMO: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €5m and €6.6m, founded between 2010 and 2013.

Official details

Source: KBO
Status
Active since 07-12-2011Normal situation
Activity
Development of residential building projectsNACE 68121and 2 others
Establishment unit
2.208.654.6634053 Chaudfontaine, since 20-04-2012
Financial year end
31 December
Peppol
Reachable since 31-03-2026
Company details

Annual accounts 2025

≈ €510,000estimated
€5.2m▲ 46.5%
Filing
Filed on 28-09-2026
Financials

Insights on ALTERNATIVE IMMO

ALTERNATIVE IMMO files the micro format. That format states no turnover. The gross margin rose from €36,346 in 2012 to €289,103 in 2025.

The balance sheet grew most from 2019 to 2020 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ALTERNATIVE IMMO

What is the company number of ALTERNATIVE IMMO?
The company number of ALTERNATIVE IMMO is 0841.598.922. The VAT number is the same number with BE in front: BE 0841.598.922.
Where is ALTERNATIVE IMMO based?
The registered office is at Rue Jacques Musch 16, 4053 Chaudfontaine.Company details
What does ALTERNATIVE IMMO do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of ALTERNATIVE IMMO?
ALTERNATIVE IMMO is a private limited company (BV).
When was ALTERNATIVE IMMO founded?
ALTERNATIVE IMMO was founded on 07-12-2011.
Is ALTERNATIVE IMMO still active?
Yes, ALTERNATIVE IMMO is an active enterprise in the KBO register.
What is the turnover of ALTERNATIVE IMMO?
The turnover in financial year 2025 is ≈ €510,000. This figure is estimated from the gross margin of €289,103 and 43 comparable companies (NACE 681). It probably lies between €380,000 and €840,000.Financials
Is ALTERNATIVE IMMO profitable?
In financial year 2025, ALTERNATIVE IMMO made a profit of €10,102.
Where can I find the annual accounts of ALTERNATIVE IMMO?
ALTERNATIVE IMMO filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ALTERNATIVE IMMO due?
ALTERNATIVE IMMO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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