VINCERE ALPHA
ActiveVINCERE ALPHA has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €554k and a net result of €337k. Equity is growing by ~30.1% per year across the filed fiscal years. Its solvency ranks better than 33% of 1624 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▲+14
Solvency49▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity short (current ratio 0.75 against 0.66 in 2024; short-term debt: 16.5% and cash: 5.8% of total assets), and 75.8% 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+raises risk○neutral
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
24.2%
Return on assets
14.7%
Age of the figures
9 mo
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 dateAge against the risk zone
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 07-04-2026, 115 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
115 d early
2024
43 d early
2023
14 d early
2022
13 d early
2021
2 d early
2020
23 d late
2019
37 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€554k▲ 3.2%
2024 · €537k
2019: €20k
2020: €72k
2021: €179k
2022: €344k
2023: €464k
2024: €537k
2019 → 2025
Total assets
€2.29M▲ 6.4%
2024 · €2.15M
2019: €50k
2020: €141k
2021: €723k
2022: €920k
2023: €1.27M
2024: €2.15M
2019 → 2025
Net result
€337k▲ 361%
2024 · €73k
2019: €7k
2020: €59k
2021: €109k
2022: €164k
2023: €180k
2024: €73k
2019 → 2025
Working capital
€-96k▼ 19.3%
2024 · €-81k
2019: €7k
2020: €56k
2021: €110k
2022: €191k
2023: €224k
2024: €-81k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€179k-€344k▲ 91.6%€464k▲ 35.0%€537k▲ 15.8%€554k▲ 3.2%
Operating result€113k-€223k▲ 97.7%€245k▲ 9.9%€105k▼ 57.1%€265k▲ 152%
Net result€109k-€164k▲ 50.1%€180k▲ 9.8%€73k▼ 59.4%€337k▲ 361%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 152% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.29M
Fixed assets
€2.01M▲ 0.7%
Current assets
€282k▲ 78.5%
Equity and liabilities €2.29M
Equity
€554k▲ 3.2%
Debt
€1.74M▲ 7.5%
The debt ratio rises from 75.0% to 75.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€304k▲
2024 · €141k
Cash flow
€376k▲
2024 · €110k
Solvency
24.2%▼
2024 · 25.0%
Current ratio
0.75▲
2024 · 0.66
Quick ratio
0.75▲
2024 · 0.66
Debt / equity
3.13▲
2024 · 3.01
ROE
60.9%▲
2024 · 13.6%
ROA
14.7%▲
2024 · 3.4%
Interest coverage
7.62▼
2024 · 8.35
Debt
€1.74M▲
2024 · €1.61M
Debt ≤ 1 year
€379k▲
2024 · €239k
Debt > 1 year
€1.36M▼
2024 · €1.37M
Income taxes
€88k▲
2024 · €19k
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€2.15M€2.29M▲
Fixed assets21/28€1.99M€2.01M▲
Tangible fixed assets22/27€873k€887k▲
Land and buildings22€810k€832k▲
Plant, machinery and equipment23€35k€32k▼
Furniture and vehicles24€28k€24k▼
Financial fixed assets28€1.12M€1.12M=
Current assets29/58€158k€282k▲
Amounts receivable within one year40/41€129k€71k▼
Trade receivables40€95k€71k▼
Other amounts receivable41€34k€0▼
Cash at bank and in hand54/58€26k€133k▲
Deferred charges and accrued income490/1€3k€79k▲
Equity and liabilities
Total equity and liabilities10/49€2.15M€2.29M▲
Equity10/15€537k€554k▲
Contributions10/11€19k€19k=
Reserves13€51k€536k▲
Distributable reserves133€51k€536k▲
Profit (loss) carried forward14€467k€0▼
Amounts payable17/49€1.61M€1.74M▲
Amounts payable after more than one year17€1.37M€1.36M▼
Financial debts170/4€1.30M€1.36M▲
Other amounts payable178/9€75k-
Amounts payable within one year42/48€239k€379k▲
Current portion of amounts payable after more than one year42€173k€188k▲
Trade debts44€35k€43k▲
Suppliers440/4€35k€43k▲
Taxes, remuneration and social security45€31k€99k▲
Taxes450/3€31k€99k▲
Other amounts payable47/48€0€49k▲
Accrued charges and deferred income492/3€1k€436▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€39k▲
Other operating charges640/8€4k€18k▲
Gross operating margin9900€145k€322k▲
Operating profit (loss)9901€105k€265k▲
Financial income75/76B€4k€200k▲
Recurring financial income75€4k€200k▲
Financial charges65/66B€17k€40k▲
Recurring financial charges65€17k€40k▲
Profit (loss) for the period before taxes9903€92k€425k▲
Income taxes67/77€19k€88k▲
Profit (loss) for the period9904€73k€337k▲
Profit (loss) for the period to be appropriated9905€73k€337k▲
Appropriation of the result
Profit (loss) to be appropriated9906€467k€805k▲
Profit (loss) brought forward from the previous period14P€394k€467k▲
Transfer to equity691/2-€485k
To other reserves6921-€485k
Profit to be distributed694/7€0€320k▲
Return on contributions (dividend)694€0€320k▲
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (19 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
07-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2019net €337k ▲361%
Operating result €265k, net result €337k, both a record.
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €500kEq €537k ▲15.8%
6 profitable years in a row build equity to €537k.
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €200kEq €344k ▲91.6%
4 profitable years in a row build equity to €344k.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €150kEq €179k ▲151%
3 profitable years in a row build equity to €179k.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 23 days late
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · 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, Boortmeerbeek · 1 establishment unit since 2018
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.
Mercatorlaan 83191 BoortmeerbeekGround area
1,095 m²
Building footprint
204 m²
Volume, LiDAR
888 m³
Parcel 24039C0015/00C004, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Mercatorlaan 8, 3191 Boortmeerbeek
since 20182.279.246.414
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24039C0015/00C004 | Flanders | 1,095 m² | 1 · 204 m² | 6.6 m · 1 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 13,422 companies in sector 73300 we hold annual accounts for 6,900. 4,016 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-07-2018
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.