ALVAKON
ActiveALVAKON has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €38k and a net result of €20k. Equity is growing by ~17.2% per year across the filed fiscal years. Its solvency ranks better than 32% of 17022 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▼-7
Solvency62▼-38
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.19 against 8.32 in 2024; short-term debt: 50% and cash: 34.9% of total assets), and 62.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
37.2%
Return on assets
19.1%
Age of the figures
9 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 22-05-2026, 70 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
70 d early
2024
1 d late
2023
1 d early
2022
28 d early
2021
4 d late
2020
30 d early
2019
1 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 monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€38k▼ 69.9%
2024 · €127k
2018: €32k
2019: €45k
2020: €56k
2021: €78k
2022: €26k
2023: €78k
2024: €127k
2018 → 2025
Total assets
€103k▼ 27.0%
2024 · €141k
2018: €61k
2019: €68k
2020: €65k
2021: €91k
2022: €69k
2023: €105k
2024: €141k
2018 → 2025
Net result
€20k▼ 59.8%
2024 · €49k
2018: €26k
2019: €13k
2020: €11k
2021: €10k
2022: €7k
2023: €52k
2024: €49k
2018 → 2025
Working capital
€10k▼ 90.2%
2024 · €101k
2018: €29k
2019: €45k
2020: €58k
2021: €71k
2022: €792
2023: €51k
2024: €101k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€78k-€26k▼ 66.9%€78k▲ 203%€127k▲ 62.6%€38k▼ 69.9%
Operating result€17k-€11k▼ 34.6%€70k▲ 524%€65k▼ 8.1%€26k▼ 60.2%
Net result€10k-€7k▼ 25.8%€52k▲ 622%€49k▼ 6.6%€20k▼ 59.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 60% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €103k
Fixed assets
€42k▲ 61.0%
Current assets
€61k▼ 46.7%
Equity and liabilities €103k
Equity
€38k▼ 69.9%
Debt
€65k▲ 367%
The debt ratio rises from 9.8% to 62.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€35k▼
2024 · €71k
Cash flow
€29k▼
2024 · €55k
Solvency
37.2%▼
2024 · 90.2%
Current ratio
1.19▼
2024 · 8.32
Quick ratio
1.19▼
2024 · 8.32
Debt / equity
1.69▲
2024 · 0.11
ROE
51.5%▲
2024 · 38.5%
ROA
19.1%▼
2024 · 34.7%
Interest coverage
33.96▼
2024 · 124.42
Debt
€65k▲
2024 · €14k
Debt ≤ 1 year
€52k▲
2024 · €14k
Debt > 1 year
€13k
Income taxes
€8k▼
2024 · €16k
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€141k€103k▼
Fixed assets21/28€26k€42k▲
Intangible fixed assets21€2k€2k▼
Tangible fixed assets22/27€23k€40k▲
Land and buildings22€18k€15k▼
Furniture and vehicles24€6k€25k▲
Current assets29/58€115k€61k▼
Amounts receivable after more than one year29€20k€0▼
Other amounts receivable291€20k€0▼
Amounts receivable within one year40/41€62k€21k▼
Trade receivables40€26k€20k▼
Other amounts receivable41€36k€359▼
Current investments50/53€357€0▼
Cash at bank and in hand54/58€25k€36k▲
Deferred charges and accrued income490/1€8k€5k▼
Equity and liabilities
Total equity and liabilities10/49€141k€103k▼
Equity10/15€127k€38k▼
Contributions10/11€19k€19k=
Reserves13€109k€20k▼
Distributable reserves133€109k€20k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€14k€65k▲
Amounts payable after more than one year17-€13k
Financial debts170/4-€13k
Amounts payable within one year42/48€14k€52k▲
Current portion of amounts payable after more than one year42-€7k
Financial debts43€35€2k▲
Credit institutions430/8€35€2k▲
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€9k€26k▲
Taxes450/3€9k€26k▲
Other amounts payable47/48€0€14k▲
Accrued charges and deferred income492/3€0€461▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€9k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€72k€36k▼
Operating profit (loss)9901€65k€26k▼
Financial income75/76B€1k€3k▲
Recurring financial income75€1k€3k▲
Financial charges65/66B€571€1k▲
Recurring financial charges65€571€1k▲
Profit (loss) for the period before taxes9903€65k€28k▼
Income taxes67/77€16k€8k▼
Profit (loss) for the period9904€49k€20k▼
Profit (loss) for the period to be appropriated9905€49k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€49k€20k▼
Transfer from equity791/2-€109k
Transfer to equity691/2€49k€20k▼
To other reserves6921€49k€20k▼
Profit to be distributed694/7-€109k
Return on contributions (dividend)694-€109k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 1 day late
2024
31-12
Financial
Liquidity triplescurrent ratio 8.32
Current ratio from 2.90 to 8.32; short-term debt falls from €27k to €14k.
31-12
Financial
Equity above €100kEq €127k ▲62.6%
7 profitable years in a row build equity to €127k.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €52k ▲622%
Operating result €70k, net result €52k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.90
Current ratio from 1.02 to 2.90; short-term debt falls from €43k to €27k.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €7k ▼25.8%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
31-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Liquidity times 6current ratio 19.78
Current ratio from 3.36 to 19.78; short-term debt falls from €19k to €3k.
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-03
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
2 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, Kinrooi · 1 establishment unit since 2017
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.
Weertersteenweg (Mol) 4613640 KinrooiGround area
1,057 m²
Building footprint
203 m²
Volume, LiDAR
986 m³
Parcel 72023D1166/00T000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Weertersteenweg (Kin) 461, 3640 Kinrooi
since 20172.261.918.056
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72023D1166/00T000 | Flanders | 1,057 m² | 1 · 202 m² | 7.3 m · 2 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 779 EUR awarded · 779 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 779 EUR |
| 2024 | 1 | 779 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 14,916 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-02-2017
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.