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ALVIN

Active
Private limited company (pre-2019)founded 2005active for 21 yearsLorreinendreef 62, 8310 Brugge, BelgiumKBO/BCE: BE 0872.894.387
Summary

ALVIN has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €96,983 and a net result of €14,679. Equity has been shrinking by about 3.6% per year since 2019. Its solvency ranks better than 95% of 13,716 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 01-04-2005 Normal situation
Activity
Non-specialised wholesale trade NACE 46900and 1 other
Establishment unit
2.148.110.629 8310 Brugge, since 01-04-2005
Financial year end
31 March
Peppol
Reachable

Board and ownership

Board
  • DEMEYER ALVINDirector · since 18-03-2005

Financial position

97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 31-03-2025
Gross margin
€17,946
▲ 126%
Turnover
≈ €230,000
estimated
Profit
€14,679
▲ 584%
Equity
€96,983
▲ 17.8%
Total assets
€97,936
▲ 17.7%
  • 2026 accounts not filed, 2 days past the deadline
Filed on 29-10-2025
Score breakdownraises riskFigures for financial year 2025 (filed on 29-10-2025)lowers riskLiquidity: current ratio 98.14, cash €38,915Founded in 2005Equity €96,983 (99.0% of total assets)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 85% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 99.0% of total assets
Liquidity 100=
short-term debt 1.0% · cash 39.7%
Profitability 87+15
return on assets 15.0%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025lowest value 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: 0.1%▲ +0.1 percentage points vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026highest value
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 98.14 (85.79 in 2024), above the usual 1.5. Short-term debt is 1% and cash 39.7% of total assets. 1% 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 46, micro). It does better than 90% of them on solvency, 96% on liquidity, 82% on profitability and 74% 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

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 98.14, cash €38,915
NBB · annual accounts
lowers risk · Founded in 2005
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €96,983 (99.0% of total assets)
NBB · annual accounts
raises risk · Figures for financial year 2025 (filed on 29-10-2025)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €96,983
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
not filed
2025
2 days early
2024
3 days early
2023
4 days early
2022
on the day
2021
24 days early
2020
32 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 11 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 95% of companies in wholesale tradesector median 40.6% · 13,716 companies 99.0% View

Recent changes

  1. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as ALVIN: non-specialised wholesale trade (NACE 46900). They are comparable in size and age: total assets between €78,100 and €162,000, founded between 2004 and 2006.

CompanyTotal assetsGross margin
ALVIN Brugge€97,936€17,946
EFORA Tongeren-Borgloon€109,960€17,082
Bentech Grobbendonk€98,815€19,530
VAN OERS GROUP Wuustwezel€101,849€27,990
RESA TRADING Antwerpen€78,235€27,680
MULTIMOTOR Ronse€162,100€15,910
JCM Bilzen-Hoeselt€78,140€9,026
Full comparison

Key facts about ALVIN

What is the company number of ALVIN?
The company number of ALVIN is 0872.894.387. The VAT number is the same number with BE in front: BE 0872.894.387.
Where is ALVIN based?
The registered office is at Lorreinendreef 62, 8310 Brugge.Company details
What does ALVIN do?
According to the KBO register, the main activity is non-specialised wholesale trade (NACE 46900).
What is the legal form of ALVIN?
The legal form of ALVIN is Private limited company (pre-2019) (BVBA).
When was ALVIN founded?
ALVIN was founded on 01-04-2005.
Is ALVIN still active?
Yes, ALVIN is an active enterprise in the KBO register.
What is the turnover of ALVIN?
The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €17,946 and 216 comparable companies (NACE 46). It probably lies between €110,000 and €570,000. It is a rough estimate.Financials
Is ALVIN profitable?
In financial year 2025, ALVIN made a profit of €14,679.
Where can I find the annual accounts of ALVIN?
ALVIN filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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