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ALTERWAYS

Active
Private limited companyfounded 20187 yrs activeMercelisstraat 1, 1050 Elsene, BelgiumKBO/BCE: BE 0712.975.635

ALTERWAYS has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €82k. Equity is growing by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 25% of 16922 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
70 / 100
Healthy▼ -16 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency49▼-20
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.36 against 1.56 in 2024), and 73% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 7 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
27%
Return on assets
114.4%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-03-2026, 124 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
124 d early
2024
150 d early
2023
162 d early
2022
144 d early
2021
87 d early
2020
172 d early
2019
77 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€19k▲ 2.2%
2024 · €19k
2018: €5k 2019: €87k 2020: €6k 2021: €11k 2022: €19k 2023: €19k 2024: €19k
2018 → 2025
Total assets
€72k▲ 37.5%
2024 · €52k
2018: €5k 2019: €87k 2020: €180k 2021: €72k 2022: €60k 2023: €72k 2024: €52k
2018 → 2025
Net result
€82k▼ 4.6%
2024 · €86k
2018: €-1k 2019: €82k 2020: €85k 2021: €81k 2022: €80k 2023: €78k 2024: €86k
2018 → 2025
Working capital
€19k▲ 2.2%
2024 · €19k
2018: €5k 2019: €87k 2020: €6k 2021: €11k 2022: €19k 2023: €18k 2024: €19k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€11k-€19k▲ 69.1%€19k▼ 0.9%€19k▲ 2.2%€19k▲ 2.2%
Operating result€101k-€100k▼ 0.6%€98k▼ 2.1%€109k▲ 11.0%€104k▼ 4.8%
Net result€81k-€80k▼ 0.6%€78k▼ 2.3%€86k▲ 10.5%€82k▼ 4.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2021: €101k€101kNet result 2021: €81k€81kOperating result 2022: €100k€100kNet result 2022: €80k€80kOperating result 2023: €98k€98kNet result 2023: €78k€78kOperating result 2024: €109k€109kNet result 2024: €86k€86kOperating result 2025: €104k€104kNet result 2025: €82k€82k20212022202320242025
The operating result falls in 2025; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €72k
Fixed assets €500=
Current assets €72k▲ 37.9%
Equity and liabilities €72k
Equity €19k▲ 2.2%
Debt €53k▲ 57.8%
The debt ratio rises from 63.6% to 73.0%: debt grows faster than equity.
Key figures and ratios
2025 value · change against 2024
Solvency
27.0%
2024 · 36.4%
Current ratio
1.36
2024 · 1.56
Quick ratio
1.36
2024 · 1.56
Debt / equity
2.70
2024 · 1.75
ROE
423.0%
2024 · 453.1%
ROA
114.4%
2024 · 164.9%
Debt
€53k
2024 · €33k
Debt ≤ 1 year
€53k
2024 · €33k
Income taxes
€21k
2024 · €22k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€52k€72k
Fixed assets21/28€500€500=
Financial fixed assets28€500€500=
Current assets29/58€52k€72k
Amounts receivable within one year40/41€17k€35k
Trade receivables40€17k€35k
Cash at bank and in hand54/58€34k€37k
Deferred charges and accrued income490/1€40€0
Equity and liabilities
Total equity and liabilities10/49€52k€72k
Equity10/15€19k€19k
Contributions10/11€19k€19k=
Profit (loss) carried forward14€471€883
Amounts payable17/49€33k€53k
Amounts payable within one year42/48€33k€53k
Trade debts44-€769
Suppliers440/4-€769
Taxes, remuneration and social security45€13k€12k
Taxes450/3€13k€12k
Other amounts payable47/48€20k€40k
Income statement Code20242025
Other operating charges640/8€387€400
Gross operating margin9900€109k€104k
Operating profit (loss)9901€109k€104k
Financial charges65/66B€98€192
Recurring financial charges65€98€192
Profit (loss) for the period before taxes9903€109k€104k
Income taxes67/77€22k€21k
Profit (loss) for the period9904€86k€82k
Profit (loss) for the period to be appropriated9905€86k€82k
Appropriation of the result
Profit (loss) to be appropriated9906€86k€83k
Profit (loss) brought forward from the previous period14P€64€471
Profit to be distributed694/7€86k€82k
Return on contributions (dividend)694€86k€82k

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-03
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
03-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €86k ▲10.5%
Operating result €109k, net result €86k, both a record.
20-02
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
09-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
05-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
09-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
15-05
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €82k
Net result €82k after one loss-making year.
08-05
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Elsene · 1 establishment unit since 2018
establishment The establishment unit on the map
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.

Mercelisstraat 11050 Elsene
Ground area
1,271 m²
Building footprint
534 m²
Volume, LiDAR
8,142 m³
Parcel 21009A1036/00V002, Brussels · tallest building 19.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
ALTERWAYS
Mercelisstraat 1, 1050 ElseneComputer programming, consultancy and related activities
since 20182.282.269.250
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21009A1036/00V002 Brussels 1,271 m² 1 · 534 m² 19.2 m · 5 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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

Of 16,811 companies in sector 62100 we hold annual accounts for 8,749. 5,735 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded08-11-2018
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
62020IT consultancy
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
70220Business consulting
71121Engineering and related technical consultancy, excluding land surveyors
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
E-mail:ramzi.chmaitilly@gmail.com
Enterprise
Phone:+32492979542
Enterprise