ALVIN
ActiveALVIN has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €97k and a net result of €15k. Equity is shrinking by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 11206 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
100
/ 100
Excellent▲ +6 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+63
Solvency100=
Growth58=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 98.14 against 85.79 in 2024), and 1% 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 risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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
99%
Return on assets
15%
Age of the figures
18 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €97k
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 filingsDeviation from the deadline
2025
2 d early
2024
3 d early
2023
4 d early
2022
on the day
2021
24 d early
2020
32 d early
2019
27 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close16-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€97k▲ 17.8%
2024 · €82k
2019: €132k
2020: €115k
2021: €116k
2022: €82k
2023: €80k
2024: €82k
2019 → 2025
Total assets
€98k▲ 17.7%
2024 · €83k
2019: €135k
2020: €115k
2021: €116k
2022: €83k
2023: €84k
2024: €83k
2019 → 2025
Net result
€15k▲ 584%
2024 · €2k
2019: €-21k
2020: €4k
2021: €1k
2022: €590
2023: €-1k
2024: €2k
2019 → 2025
Working capital
€93k▲ 22.7%
2024 · €75k
2019: €94k
2020: €88k
2021: €96k
2022: €65k
2023: €73k
2024: €75k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€116k-€82k▼ 29.5%€80k▼ 1.7%€82k▲ 2.7%€97k▲ 17.8%
Operating result€1k-€752▼ 40.1%€-1k€2k€15k▲ 529%
Net result€1k-€590▼ 46.5%€-1k€2k€15k▲ 584%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 529% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €98k
Fixed assets
€4k▼ 35.8%
Current assets
€94k▲ 22.5%
Equity and liabilities €98k
Equity
€97k▲ 17.8%
Debt
€953▲ 7.1%
The debt ratio falls from 1.1% to 1.0%: equity grows faster than debt.
Key figures and ratios
EBITDA
€17k▲
2024 · €7k
Cash flow
€17k▲
2024 · €7k
Solvency
99.0%▲
2024 · 98.9%
Current ratio
98.14▲
2024 · 85.79
Quick ratio
98.14▲
2024 · 85.79
Debt / equity
0.01▼
2024 · 0.01
ROE
15.1%▲
2024 · 2.6%
ROA
15.0%▲
2024 · 2.6%
Interest coverage
326.48▲
2024 · 181.53
Debt
€953▲
2024 · €890
Debt ≤ 1 year
€953▲
2024 · €890
Income taxes
€365▲
2024 · €149
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€83k€98k▲
Fixed assets21/28€7k€4k▼
Tangible fixed assets22/27€7k€4k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€3k€1k▼
Current assets29/58€76k€94k▲
Amounts receivable within one year40/41€20k€14k▼
Trade receivables40€15k€8k▼
Other amounts receivable41€5k€6k▲
Current investments50/53-€41k
Cash at bank and in hand54/58€57k€39k▼
Equity and liabilities
Total equity and liabilities10/49€83k€98k▲
Equity10/15€82k€97k▲
Contributions10/11€25k€25k=
Reserves13€87k€77k▼
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Tax-exempt reserves132€63k€63k=
Distributable reserves133€22k€11k▼
Profit (loss) carried forward14€-30k€-5k▲
Amounts payable17/49€890€953▲
Amounts payable within one year42/48€890€953▲
Trade debts44€4€531▲
Suppliers440/4€4€531▲
Taxes, remuneration and social security45€886€422▼
Taxes450/3€886€422▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€2k▼
Other operating charges640/8€499€800▲
Gross operating margin9900€8k€18k▲
Operating profit (loss)9901€2k€15k▲
Financial income75/76B-€408
Recurring financial income75-€408
Financial charges65/66B€41€53▲
Recurring financial charges65€41€53▲
Profit (loss) for the period before taxes9903€2k€15k▲
Income taxes67/77€149€365▲
Profit (loss) for the period9904€2k€15k▲
Profit (loss) for the period to be appropriated9905€2k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-30k€-15k▲
Profit (loss) brought forward from the previous period14P€-32k€-30k▲
Transfer from equity791/2-€10k
The notes to these accounts (6 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
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2019net €15k ▲584%
Operating result €15k, net result €15k, both a record.
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
31-03
Financial
Liquidity quadruplescurrent ratio 85.79
Current ratio from 20.96 to 85.79; short-term debt falls from €4k to €890.
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
07-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
31-03
Financial
Liquidity times 24current ratio 711.48
Current ratio from 29.84 to 711.48; short-term debt falls from €3k to €125.
2019
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2018
29-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2017
27-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
07-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Brugge · 1 establishment unit since 2005
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.
Lorreinendreef 628310 BruggeGround area
583 m²
Building footprint
136 m²
Volume, LiDAR
760 m³
Parcel 31002A0399/00S006, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ALVIN
since 20052.148.110.629
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31002A0399/00S006 | Flanders | 583 m² | 1 · 136 m² | 7.6 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.
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Of 1,557 companies in sector 46900 we hold annual accounts for 913. 587 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded01-04-2005
Fiscal year end31-03
Activities, NACEBEL
46900Non-specialised wholesale trade
51900
47400Retail sale of information and communication equipment
47410Retail trade
52487
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@alvin.be