EVALEM ALPHA
ActiveSummary
EVALEM ALPHA has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.87M and a net result of €-14k. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability44▲+15
Solvency98=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €180k at 30 days acceptable
Liquidity short (current ratio 0.12 against 0.1 in 2024; short-term debt: 12.4% and cash: 0.1% of total assets), and 26.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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
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
73.3%
Return on assets
-0.4%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-02-2026, 16 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 · 10 filingsDeviation from the deadline
2025
16 d late
2024
150 d late
2023
29 d late
2022
28 d late
2021
10 d late
2020
26 d late
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-14k▲ 48.0%
2024 · €-28k
2019: €-965
2020: €-10k▼ -965% vs 2019
2021: €1k▲ +112% vs 2020
2022: €643▼ -47.3% vs 2021
2023: €40k▲ +6144% vs 2022highest in 7 years
2024: €-28k▼ -169% vs 2023lowest in 7 years
2025: €-14k▲ +48.0% vs 2024
2019 → 2025
Working capital
€-431k▼ 8.3%
2024 · €-398k
2019: €151khighest in 7 years
2020: €-50k▼ -133% vs 2019
2021: €-23k▲ +52.7% vs 2020
2022: €74k▲ +417% vs 2021
2023: €-376k▼ -607% vs 2022
2024: €-398k▼ -5.7% vs 2023
2025: €-431k▼ -8.3% vs 2024lowest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€113k-€114k▲ 0.6%€2.91M▲ 2,460%€2.89M▼ 0.9%€2.87M▼ 0.5%
2021: €113klowest in 5 years
2022: €114k▲ +0.6% vs 2021
2023: €2.91M▲ +2460% vs 2022highest in 5 years
2024: €2.89M▼ -0.9% vs 2023
2025: €2.87M▼ -0.5% vs 2024
Operating result€11k-€8k▼ 22.8%€12k▲ 48.2%€-5k€-5k▼ 7.9%
2021: €11k
2022: €8k▼ -22.8% vs 2021
2023: €12k▲ +48.2% vs 2022highest in 5 years
2024: €-5k▼ -138% vs 2023
2025: €-5k▼ -7.9% vs 2024lowest in 5 years
Net result€1k-€643▼ 47.3%€40k▲ 6,144%€-28k€-14k▲ 48.0%
2021: €1k
2022: €643▼ -47.3% vs 2021
2023: €40k▲ +6144% vs 2022highest in 5 years
2024: €-28k▼ -169% vs 2023lowest in 5 years
2025: €-14k▲ +48.0% vs 2024
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5k in 2025 against €5k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.92M
Fixed assets
€3.86M ▼ 0.9%
Current assets
€57k ▲ 34.1%
Equity and liabilities €3.92M
Equity
€2.87M ▼ 0.5%
Provisions
€24k ▼ 3.8%
Debt
€1.02M ▼ 0.5%
Debt's share of the balance-sheet total stays at 26.1%.
Key figures and ratios
EBITDA
€29k▼
2024 · €30k
Cash flow
€20k▲
2024 · €7k
Current ratio
0.12▲
2024 · 0.10
Debt to equity
0.36▼
2024 · 0.36
ROE
-0.5%▲
2024 · -1.0%
ROA
-0.4%▲
2024 · -0.7%
Interest coverage
3.13▲
2024 · 1.31
Debt ≤ 1 year
€488k▲
2024 · €440k
Debt > 1 year
€465k▼
2024 · €494k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.94M€3.92M▼
Fixed assets21/28€3.90M€3.86M▼
Tangible fixed assets22/27€699k€664k▼
Land and buildings22€699k€664k▼
Financial fixed assets28€3.20M€3.20M=
Current assets29/58€43k€57k▲
Amounts receivable within one year40/41€36k€53k▲
Trade receivables40€34k€38k▲
Other amounts receivable41€2k€15k▲
Cash at bank and in hand54/58€6k€4k▼
Equity and liabilities
Total equity and liabilities10/49€3.94M€3.92M▼
Equity10/15€2.89M€2.87M▼
Contributions10/11€2.86M€2.86M=
Reserves13€48k€46k▼
Non-distributable reserves130/1€372€372=
Reserves not available under the articles1311€372€372=
Tax-exempt reserves132€48k€46k▼
Profit (loss) carried forward14€-21k€-33k▼
Provisions and deferred taxes16€25k€24k▼
Deferred taxes168€25k€24k▼
Amounts payable17/49€1.03M€1.02M▼
Amounts payable after more than one year17€494k€465k▼
Financial debts170/4€490k€461k▼
Other amounts payable178/9€4k€4k=
Amounts payable within one year42/48€440k€488k▲
Current portion of amounts payable after more than one year42€31k€31k▲
Trade debts44€3k€27k▲
Suppliers440/4€3k€27k▲
Other amounts payable47/48€407k€429k▲
Accrued charges and deferred income492/3€95k€71k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€34k=
Gross operating margin9900€30k€29k▼
Operating profit (loss)9901€-5k€-5k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€23k€9k▼
Recurring financial charges65€23k€9k▼
Profit (loss) for the period before taxes9903€-27k€-14k▲
Income taxes67/77€333-
Profit (loss) for the period9904€-28k€-14k▲
Transfer from tax-exempt reserves789€3k€3k=
Profit (loss) for the period to be appropriated9905€-25k€-12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-21k€-33k▼
Profit (loss) brought forward from the previous period14P€4k€-21k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17k | €19k | €23k | €34k | €34k | = |
| Other operating charges640/8 | - | - | €150 | - | - | - |
| Gross operating margin9900 | €28k | €27k | €35k | €30k | €29k | ▼ 1.2% |
| Operating profit (loss)9901 | €11k | €8k | €12k | €-5k | €-5k | ▼ 7.9% |
| Financial income75/76B | - | €4k | €38k | - | €0 | - |
| Recurring financial income75 | - | €4k | €38k | - | €0 | - |
| Financial charges65/66B | - | €11k | €10k | €23k | €9k | ▼ 58.7% |
| Recurring financial charges65 | €10k | €11k | €10k | €23k | €9k | ▼ 58.7% |
| Profit (loss) for the period before taxes9903 | €272 | €2k | €40k | €-27k | €-14k | ▲ 47.4% |
| Transfer from deferred taxes780 | - | €947 | €947 | - | - | - |
| Income taxes67/77 | - | €2k | €1k | €333 | - | - |
| Profit (loss) for the period9904 | €1k | €643 | €40k | €-28k | €-14k | ▲ 48.0% |
| Transfer from tax-exempt reserves789 | - | €2k | €2k | €3k | €3k | = |
| Profit (loss) for the period to be appropriated9905 | €3k | €2k | €42k | €-25k | €-12k | ▲ 53.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €793k | €738k | €4.04M | €3.94M | €3.92M | ▼ 0.5% |
| Fixed assets21/28 | €758k | €618k | €3.93M | €3.90M | €3.86M | ▼ 0.9% |
| Tangible fixed assets22/27 | €758k | €618k | €733k | €699k | €664k | ▼ 4.9% |
| Land and buildings22 | - | €618k | €733k | €699k | €664k | ▼ 4.9% |
| Financial fixed assets28 | - | - | €3.20M | €3.20M | €3.20M | = |
| Current assets29/58 | €35k | €121k | €102k | €43k | €57k | ▲ 34.1% |
| Amounts receivable within one year40/41 | €12k | €81 | €96k | €36k | €53k | ▲ 44.5% |
| Trade receivables40 | - | €81 | €22k | €34k | €38k | ▲ 11.4% |
| Other amounts receivable41 | - | - | €74k | €2k | €15k | ▲ 570% |
| Cash at bank and in hand54/58 | €24k | €120k | €7k | €6k | €4k | ▼ 28.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €793k | €738k | €4.04M | €3.94M | €3.92M | ▼ 0.5% |
| Equity10/15 | €113k | €114k | €2.91M | €2.89M | €2.87M | ▼ 0.5% |
| Contributions10/11 | - | €100k | €2.86M | €2.86M | €2.86M | = |
| Reserves13 | €54k | €52k | €50k | €48k | €46k | ▼ 3.8% |
| Non-distributable reserves130/1 | - | €372 | €372 | €372 | €372 | = |
| Reserves not available under the articles1311 | - | €372 | €372 | €372 | €372 | = |
| Tax-exempt reserves132 | - | €52k | €50k | €48k | €46k | ▼ 3.8% |
| Profit (loss) carried forward14 | €-41k | €-38k | €4k | €-21k | €-33k | ▼ 55.3% |
| Provisions and deferred taxes16 | €27k | €27k | €26k | €25k | €24k | ▼ 3.8% |
| Deferred taxes168 | - | €27k | €26k | €25k | €24k | ▼ 3.8% |
| Amounts payable17/49 | €653k | €598k | €1.10M | €1.03M | €1.02M | ▼ 0.5% |
| Amounts payable after more than one year17 | €594k | €551k | €522k | €494k | €465k | ▼ 5.8% |
| Financial debts170/4 | - | €546k | €518k | €490k | €461k | ▼ 5.9% |
| Other amounts payable178/9 | - | €6k | €4k | €4k | €4k | = |
| Amounts payable within one year42/48 | €59k | €46k | €479k | €440k | €488k | ▲ 10.8% |
| Current portion of amounts payable after more than one year42 | - | €30k | €30k | €31k | €31k | ▲ 1.8% |
| Trade debts44 | €8k | €12k | €820 | €3k | €27k | ▲ 847% |
| Suppliers440/4 | - | €12k | €820 | €3k | €27k | ▲ 847% |
| Taxes, remuneration and social security45 | - | €2k | €1k | - | - | - |
| Taxes450/3 | - | €2k | €1k | - | - | - |
| Other amounts payable47/48 | - | €3k | €447k | €407k | €429k | ▲ 5.5% |
| Accrued charges and deferred income492/3 | - | - | €95k | €95k | €71k | ▼ 25.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1k | €643 | €40k | €-28k | €-14k | ▲ 48.0% |
| + Depreciation and write-downs630 | €17k | €19k | €23k | €34k | €34k | = |
| Operating cash flow (approximation) | €18k | €20k | €63k | €7k | €20k | ▲ 200% |
| Investment in fixed assets (approximation) | - | €121k | €-3.34M | €0 | €-1 | - |
| Change in cash | - | €97k | €-114k | €-476 | €-2k | ▼ 266% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-02
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 16 days late
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 150 days late
2024
30-06
Financial
Weakest financial yearnet €-28k
Net result drops to €-28k, the lowest in the series; recovery starts the following year.
29-02
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
30-06
Financial
Highest result since 2019net €40k ▲6,144%
Operating result €12k, net result €40k, both a record.
30-06
Financial
Equity above €2MEq €2.91M ▲2,460%
3 profitable years in a row build equity to €2.91M.
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
30-06
Financial
Liquidity quadruplescurrent ratio 2.60
Current ratio from 0.60 to 2.60; short-term debt falls from €59k to €46k.
10-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
2021
30-06
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 89 days late
2018
08-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
29-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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 1956
Ground area
6,768 m²
Building footprint
4,262 m²
Volume, LiDAR
71,848 m³
2 parcels, Brussels · tallest building 39.1 m, ±12 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
FIBA
since 19562.011.950.244
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21012F0360/00X003 | Brussels | 5,750 m² | 1 · 4,114 m² | 31.7 m · 6 fl. |
| 21807G0060/00T002 | Brussels | 1,018 m² | 1 · 148 m² | 39.1 m · 12 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded01-01-1968
Fiscal year end30-06
Scores and ratios are computed by Checked and are not a credit decision.