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Alpha Invest

Active
Private limited companyfounded 20233 yrs activeBredabaan 608, 2170 Antwerpen, BelgiumKBO/BCE: BE 0797.528.357
Summary

The computed 12-month bankruptcy probability of Alpha Invest is 5.2% (elevated). The 2024 annual accounts show equity of €45,703 and a net result of -€2,993. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability11▼-4
Solvency100=
Growth32
Track record94
Bankruptcy probability, 12 months
5.2% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days only on tighter terms
Liquidity ample (current ratio 26.32; short-term debt: 3.7% and cash: 0.1% of total assets), and 3.7% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
96.3%
Return on assets
-6.3%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 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 · 2 filings
Deviation from the deadline
2025
not confirmed
2024
26 d late
2023
6 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 16 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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

History

Alpha Invest was incorporated on 24 January 2023 as a Private limited company.1 The name was changed to DIVAN in 2026.2 The registered office was moved to Merksem in 2026.2 Since 2026, TEKIN Suat has served as non-statutory director of the company.2

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 27-07-2026

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Financials · fiscal year 2024, micro schema

Equity
€45,703▼ 6.1%
2023 · €48,695
Total assets
€47,470▼ 2.5%
2023 · €48,695
Net result
-€2,993▼ 129%
2023 · -€1,305
Working capital
€44,746
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result-€2,362--€5,602▼ 137%
Net result-€1,305--€2,993▼ 129%
Equity€48,695-€45,703▼ 6.1%
Total assets€48,695-€47,470▼ 2.5%
Debt€1,767
Working capital€44,746
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€6,000-€4,000-€2,000€0Operating result 2023: -€2,362-€2,362Net result 2023: -€1,305-€1,305Operating result 2024: -€5,602-€5,602Net result 2024: -€2,993-€2,99320232024-€6,000-€4,000-€2,000€0Operating result 2023: -€2,362-€2,360Net result 2023: -€1,305-€1,300Operating result 2024: -€5,602-€5,600Net result 2024: -€2,993-€2,99020232024
The operating result stays negative: a loss of €5,602 in 2024 against €2,362 in 2023; the loss grows.
Balance-sheet composition
Equity and liabilities €47,470
Equity €45,703
Debt €1,767
Debt finances 3.7% of the balance-sheet total.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€5,138▼
2023 · -€1,927
Cash flow
-€2,529▼
2023 · -€870
Current ratio
26.32
Debt to equity
0.04
ROE
-6.5%▼
2023 · -2.7%
ROA
-6.3%▼
2023 · -2.7%
Interest coverage
-37.56▼
2023 · -17.52
Debt ≤ 1 year
€1,767
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,148 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a small loss
2.1% went bankrupt
5.8% stopped otherwise
92% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 5.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,148 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 29 lines
Balance sheet Code20232024
Assets
Total assets20/58€48,695€47,470▼
Formation expenses20€1,421€957▼
Current assets29/58€47,274€46,513▼
Amounts receivable within one year40/41€45,167€46,473▲
Trade receivables40€1,000-
Other amounts receivable41€44,167€46,473▲
Cash at bank and in hand54/58€2,107€40▼
Equity and liabilities
Total equity and liabilities10/49€48,695€47,470▼
Equity10/15€48,695€45,703▼
Contributions10/11€50,000€50,000=
Profit (loss) carried forward14-€1,305-€4,297▼
Amounts payable17/49-€1,767
Amounts payable within one year42/48-€1,767
Trade debts44-€197
Suppliers440/4-€197
Other amounts payable47/48-€1,570
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€435€464▲
Other operating charges640/8€121€432▲
Gross operating margin9900-€1,806-€4,706▼
Operating profit (loss)9901-€2,362-€5,602▼
Financial income75/76B€1,167€2,747▲
Recurring financial income75€1,167€2,747▲
Financial charges65/66B€110€137▲
Recurring financial charges65€110€137▲
Profit (loss) for the period before taxes9903-€1,305-€2,993▼
Profit (loss) for the period9904-€1,305-€2,993▼
Profit (loss) for the period to be appropriated9905-€1,305-€2,993▼
Appropriation of the result
Profit (loss) to be appropriated9906-€1,305-€4,297▼
Profit (loss) brought forward from the previous period14P--€1,305

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€435€464▲ 6.7%
Other operating charges640/8€121€432▲ 257%
Gross operating margin9900-€1,806-€4,706▼ 161%
Operating profit (loss)9901-€2,362-€5,602▼ 137%
Financial income75/76B€1,167€2,747▲ 135%
Recurring financial income75€1,167€2,747▲ 135%
Financial charges65/66B€110€137▲ 24.4%
Recurring financial charges65€110€137▲ 24.4%
Profit (loss) for the period before taxes9903-€1,305-€2,993▼ 129%
Profit (loss) for the period9904-€1,305-€2,993▼ 129%
Profit (loss) for the period to be appropriated9905-€1,305-€2,993▼ 129%
Line20232024Change
Assets
Total assets20/58€48,695€47,470▼ 2.5%
Formation expenses20€1,421€957▼ 32.6%
Current assets29/58€47,274€46,513▼ 1.6%
Amounts receivable within one year40/41€45,167€46,473▲ 2.9%
Trade receivables40€1,000--
Other amounts receivable41€44,167€46,473▲ 5.2%
Cash at bank and in hand54/58€2,107€40▼ 98.1%
Equity and liabilities
Total equity and liabilities10/49€48,695€47,470▼ 2.5%
Equity10/15€48,695€45,703▼ 6.1%
Contributions10/11€50,000€50,000=
Profit (loss) carried forward14-€1,305-€4,297▼ 229%
Amounts payable17/49-€1,767-
Amounts payable within one year42/48-€1,767-
Trade debts44-€197-
Suppliers440/4-€197-
Other amounts payable47/48-€1,570-
Line20232024Change
Profit (loss) for the period9904-€1,305-€2,993▼ 129%
+ Depreciation and write-downs630€435€464▲ 6.7%
Operating cash flow (approximation)-€870-€2,529▼ 191%
Change in cash--€2,067-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
27-07
State Gazette act Resignations: CommV. FA Management Company (director) and CommV. GA management (director)
Permanent representatives: Argu Furkan and Gündogdu Ali · Appointment: TEKIN Suat (non-statutory director) · Capital decrease13 facts ▸
  • General meeting, buitengewone algemene vergadering van de aandeelhouders
  • Capital decrease, €44.000
  • Name change, DIVAN
  • Registered-office move, 2170 Merksem, Bredabaan 608 bus 101
  • Purpose change
  • Director resignation, CommV. FA Management Company (director)
  • Permanent representative, Argu Furkan (permanent representative)
  • Director resignation, CommV. GA management (director)
  • Permanent representative, Gündogdu Ali (permanent representative)
  • Director discharge, CommV. FA Management Company
  • Director discharge, CommV. GA management
  • Director appointment, TEKIN Suat (non-statutory director)
  • +1 further facts in this act
2025
26-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
06-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
State Gazette actNBB filing
1 of 5 acts read
About the unread acts

Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 director, last change in 2026
TEKIN Suat
Non-statutory director · since 27-07-2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
4 of this company's 5 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Antwerpen · 2 establishment units since 2023
seat establishment All 2 establishment units on the map
Ground area
771 m²
Building footprint
274 m²
Volume, LiDAR
1,635 m³
2 parcels, Flanders · tallest building 14.3 m, ±1 floor. Linked by address, not a title deed.
2 establishment units
F-A INVEST
Stationsstraat(HA) 16, 9450 HaaltertAgents specialised in the wholesale of other particular products
since 20232.344.220.972
DIVAN
Bredabaan 608, 2170 AntwerpenCafés and bars
since 20262.391.506.789
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41024B0704/00D002 Flanders 531 m² 1 · 153 m² 12.0 m · 1 fl.
11422C0197/00Z005 Flanders 241 m² 1 · 121 m² 14.3 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

3 people since 2026, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
TEKIN Suat
  • Non-statutory director, from 27-07-2026 to date
FA Management Company
  • Director, until 27-07-2026
GA Management
  • Director, until 27-07-2026
See the board, name and seat on a given date →

Structure & network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Capital and shareholders

Capital over the years
  1. 27-07-2026 Capital reduction of 44,000 EUR · repaid to the shareholders

Recognitions · licences · registrations

Food safety, FASFC

1 site
Antwerpen2.391.506.789
1 permission
Drankgelegenheid · since 29-07-2026

Identification & contact

Identification
Legal formPrivate limited company
Founded24-01-2023
Fiscal year end31-12
Legal name NL DIVAN
E-invoicing
Reachable via Peppol
Peppol ID 0208:0797528357
Registered 28-07-2026

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.