ALTERNATIVE SOLUTIONS
ActiveALTERNATIVE SOLUTIONS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €152k and a net result of €11k. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 33% of 3549 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability57▼-4
Solvency53▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 1.26 in 2023; short-term debt: 71.6% and cash: 0.9% of total assets), and 71.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-09-2025, 54 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 filingsDeviation from the deadline
2025
not confirmed
2024
54 d late
2023
98 d late
2022
66 d late
2021
31 d late
2020
87 d late
2019
48 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€11k▲ 99.2%
2023 · €5k
2018: €5k
2019: €25k
2020: €9k
2021: €6k
2022: €18k
2023: €5k
2018 → 2024
Working capital
€145k▲ 9.6%
2023 · €133k
2018: €70k
2019: €83k
2020: €93k
2021: €382k
2022: €125k
2023: €133k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€111k-€117k▲ 5.6%€135k▲ 15.2%€141k▲ 4.1%€152k▲ 7.8%
Operating result€29k-€19k▼ 34.4%€29k▲ 50.9%€21k▼ 27.2%€21k▲ 3.3%
Net result€9k-€6k▼ 30.1%€18k▲ 189%€5k▼ 69.3%€11k▲ 99.2%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 3% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €534k
Fixed assets
€6k▼ 22.9%
Current assets
€528k▼ 17.9%
Equity and liabilities €534k
Equity
€152k▲ 7.8%
Debt
€383k▼ 25.0%
The debt ratio falls from 78.4% to 71.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€24k▼
2023 · €24k
Cash flow
€13k▲
2023 · €9k
Solvency
28.4%▲
2023 · 21.6%
Current ratio
1.38▲
2023 · 1.26
Quick ratio
0.49▲
2023 · 0.45
Debt / equity
2.53▼
2023 · 3.63
ROE
7.2%▲
2023 · 3.9%
ROA
2.0%▲
2023 · 0.8%
Interest coverage
4.24▼
2023 · 4.94
Debt
€383k▼
2023 · €511k
Debt ≤ 1 year
€383k▼
2023 · €511k
Income taxes
€5k▼
2023 · €11k
Staff costs
€304k▼
2023 · €364k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€651k€534k▼
Fixed assets21/28€8k€6k▼
Tangible fixed assets22/27€5k€3k▼
Plant, machinery and equipment23€5k€3k▼
Financial fixed assets28€3k€3k=
Current assets29/58€643k€528k▼
Stocks and contracts in progress3€414k€340k▼
Stocks30/36€72k€52k▼
Contracts in progress37€342k€288k▼
Amounts receivable within one year40/41€221k€173k▼
Trade receivables40€212k€163k▼
Other amounts receivable41€9k€9k=
Cash at bank and in hand54/58€4k€5k▲
Deferred charges and accrued income490/1€5k€11k▲
Equity and liabilities
Total equity and liabilities10/49€651k€534k▼
Equity10/15€141k€152k▲
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€119k€130k▲
Amounts payable17/49€511k€383k▼
Amounts payable within one year42/48€511k€383k▼
Trade debts44€165k€142k▼
Suppliers440/4€165k€142k▼
Taxes, remuneration and social security45€140k€153k▲
Taxes450/3€24k€10k▼
Remuneration and social security454/9€116k€143k▲
Other amounts payable47/48€206k€88k▼
Income statement
Code20232024
Remuneration, social security and pensions62€364k€304k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€3k€957▼
Gross operating margin9900€392k€328k▼
Operating profit (loss)9901€21k€21k▲
Financial income75/76B€149€60▼
Recurring financial income75€149€60▼
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€16k€16k▼
Income taxes67/77€11k€5k▼
Profit (loss) for the period9904€5k€11k▲
Profit (loss) for the period to be appropriated9905€5k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€119k€130k▲
Profit (loss) brought forward from the previous period14P€113k€119k▲
Social balance
Average headcount (FTE)90876.24.8▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 54 days late
2024
31-12
Financial
Equity above €150kEq €152k ▲7.8%
7 profitable years in a row build equity to €152k.
06-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 98 days late
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 66 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 87 days late
2020
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 48 days late
2019
31-12
Financial
Highest result since 2018net €25k ▲374%
Operating result €41k, net result €25k, both a record.
31-12
Financial
Equity above €100kEq €102k ▲31.8%
2 profitable years in a row build equity to €102k.
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 1 day late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 59 days late
29-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 182 days late
2016
20-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 142 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Chaudfontaine · 2 establishment units since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Jacques Musch 164053 ChaudfontaineGround area
4,413 m²
Building footprint
288 m²
Volume, LiDAR
1,672 m³
2 parcels, Wallonia · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
ALTERNATIVE SOLUTIONS
since 20102.193.250.667
ALTERNATIVE SOLUTIONS
since 20162.255.620.479
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62030C0128/00T000 | Wallonia | 2,887 m² | 1 · 218 m² | 9.4 m · 2 fl. |
| 62078A0452/00C012 | Wallonia | 1,526 m² | 1 · 69 m² | 10.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
GEERT VRINTS
BE 0831.335.629
Rijkevorsel · Eq €152k
PELLENS STEFAN
BE 0474.882.306
Maasmechelen · Eq €151k
PANO PROJECTS
BE 0798.080.069
Puurs-Sint-Amands · Eq €151k
HJC Construction
BE 0683.917.702
Anderlecht · Eq €151k
NISSON
BE 0458.549.682
Sint-Pieters-Leeuw · Eq €151k
Of 15,536 companies in sector 43990 we hold annual accounts for 7,421. 6,061 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-10-2010
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43995Specialised construction activities
43120Site preparation
43212Electrical installation work in industrial facilities
43230Insulation installation
43240Other construction installation
43291Specialised construction activities
43299Specialised construction activities
43992Specialised construction activities
71113Urban planning and landscape architecture
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.