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ALPHA

Open bankruptcy
Private limited companyfounded 2015Palinghuizen 147, 9000 Gent, BelgiumKBO/BCE: BE 0635.816.192

A bankruptcy procedure is open for ALPHA according to publications in the Belgian State Gazette; curator: SOFIE DE NIJS.

Summary

The 2020 annual accounts show equity of €44k and a net result of €407.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Ghent, Ghent division
Declared bankrupt
16 November 2021
Supervising judge
Johan De Vlieger
Official Gazette
22-11-2021 (pdf) ↗search the document for 2021/140701

Curator

  • Sofie De NijsGroot-Brittannielaan 10, 9000 Gentsofie@advocaatdenijs.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 23-09-2021, 54 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 · 5 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
54 d late
2019
66 d late
← before the deadline after the deadline →
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 was incorporated on 25 August 2015.1 Total assets rose from EUR 14,028 in 2018 to EUR 110,087 in 2020.2 On 16 November 2021 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2020
  3. 3Belgian State Gazette, 22-11-2021

Go further with this company

Financials · fiscal year 2020, micro schema

Equity
€44k▲ 0.9%
2019 · €43k
Total assets
€110k▲ 13.0%
2019 · €97k
Net result
€407▼ 99.3%
2019 · €58k
Working capital
€11k▼ 51.4%
2019 · €24k
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
Line201820192020
Operating result€5k-€70k▲ 1,317%€2k▼ 97.2%
Net result€4k-€58k▲ 1,357%€407▼ 99.3%
Equity€318-€43k▲ 13,534%€44k▲ 0.9%
Total assets€14k-€97k▲ 595%€110k▲ 13.0%
Debt€14k-€54k▲ 295%€66k▲ 22.6%
Working capital€-8k-€24k€11k▼ 51.4%
Staff (FTE)0.9-0.2▼ 77.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2018: €5k€5kNet result 2018: €4k€4kOperating result 2019: €70k€70kNet result 2019: €58k€58kOperating result 2020: €2k€2kNet result 2020: €407€407201820192020€0€20k€40k€60kOperating result 2018: €5k€4.9kNet result 2018: €4k€4kOperating result 2019: €70k€70kNet result 2019: €58k€58kOperating result 2020: €2k€1.9kNet result 2020: €407€407201820192020
The operating result falls in 2020; 2020 is 97% below 2019 and is the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €110k
Fixed assets €44k ▲ 125%
Current assets €66k ▼ 15.5%
Equity and liabilities €110k
Equity €44k ▲ 0.9%
Debt €66k ▲ 22.6%
Debt's share of the balance-sheet total rises from 55.5% to 60.3%. Equity and debt are higher.
Key figures and ratios
2020 value · change against 2019
EBITDA
€10k▼
2019 · €75k
Cash flow
€9k▼
2019 · €64k
Current ratio
1.21▼
2019 · 1.44
Debt to equity
0.28
ROE
0.9%▼
2019 · 133.9%
ROA
0.4%▼
2019 · 59.6%
Debt ≤ 1 year
€54k▲
2019 · €54k
Debt > 1 year
€12k
Income taxes
€1k▼
2019 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 25 lines
Balance sheet Code20192020
Assets
Total assets20/58€97k€110k▲
Fixed assets21/28€20k€44k▲
Tangible fixed assets22/27€16k€40k▲
Financial fixed assets28€4k€4k▲
Current assets29/58€78k€66k▼
Amounts receivable within one year40/41€24k€20k▼
Cash at bank and in hand54/58€18k€9k▼
Equity and liabilities
Total equity and liabilities10/49€97k€110k▲
Equity10/15€43k€44k▲
Contributions10/11€6k-
Reserves13€27k€27k=
Profit (loss) carried forward14€10k€11k▲
Amounts payable17/49€54k€66k▲
Amounts payable after more than one year17-€12k
Amounts payable within one year42/48€54k€54k▲
Trade debts44€27k€2k▼
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€8k▲
Gross operating margin9900€82k€11k▼
Operating profit (loss)9901€70k€2k▼
Recurring financial income75€10€23▲
Recurring financial charges65€1k€472▼
Profit (loss) for the period before taxes9903€69k€1k▼
Income taxes67/77€10k€1k▼
Profit (loss) for the period9904€58k€407▼
Profit (loss) for the period to be appropriated9905€58k€407▼
Line201820192020Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€6k€8k▲ 45.9%
Gross operating margin9900€33k€82k€11k▼ 86.1%
Operating profit (loss)9901€5k€70k€2k▼ 97.2%
Recurring financial income75€0€10€23▲ 122%
Recurring financial charges65€925€1k€472▼ 54.8%
Profit (loss) for the period before taxes9903€4k€69k€1k▼ 97.9%
Income taxes67/77-€10k€1k▼ 89.9%
Profit (loss) for the period9904€4k€58k€407▼ 99.3%
Profit (loss) for the period to be appropriated9905€4k€58k€407▼ 99.3%
Line201820192020Change
Assets
Total assets20/58€14k€97k€110k▲ 13.0%
Fixed assets21/28€8k€20k€44k▲ 125%
Tangible fixed assets22/27€4k€16k€40k▲ 156%
Financial fixed assets28€4k€4k€4k▲ 2.6%
Current assets29/58€6k€78k€66k▼ 15.5%
Amounts receivable within one year40/41€288€24k€20k▼ 14.4%
Cash at bank and in hand54/58€5k€18k€9k▼ 48.4%
Equity and liabilities
Total equity and liabilities10/49€14k€97k€110k▲ 13.0%
Equity10/15€318€43k€44k▲ 0.9%
Contributions10/11€6k€6k--
Reserves13-€27k€27k=
Profit (loss) carried forward14€-6k€10k€11k▲ 4.0%
Amounts payable17/49€14k€54k€66k▲ 22.6%
Amounts payable after more than one year17--€12k-
Amounts payable within one year42/48€14k€54k€54k▲ 0.1%
Trade debts44€7k€27k€2k▼ 94.2%
Line201820192020Change
Profit (loss) for the period9904€4k€58k€407▼ 99.3%
+ Depreciation and write-downs630€1k€6k€8k▲ 45.9%
Operating cash flow (approximation)€5k€64k€9k▼ 86.3%
Investment in fixed assets (approximation)-€-17k€-33k▼ 89.2%
Change in cash-€13k€-9k▼ 166%

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

2021
22-11
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 16-11-2021
23-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 54 days late
2020
31-12
Financial Weakest financial yearnet €407 ▼99.3%
Net result drops to €407, the lowest in the series.
05-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
2019
31-12
Financial Highest result since 2018net €58k ▲1,357%
Operating result €70k, net result €58k, both a record.
31-12
Financial Liquidity triplescurrent ratio 1.44
Current ratio from 0.44 to 1.44.
09-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 40 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 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, Gent · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
815 m²
Building footprint
234 m²
Volume, LiDAR
1,462 m³
2 parcels, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Alpha Construct
Dokter Jean Vercouilliestraat 10, 9090 Merelbeke-MelleRoofing work
since 20152.244.981.361
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44402A0454/00F003 Flanders 454 m² 1 · 92 m² 9.5 m · 2 fl.
44810K0401/00Y000 Flanders 361 m² 1 · 142 m² 9.3 m · 2 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator SOFIE DE NIJS
GROOT-BRITTANNIELAAN 10, 9000 GENT
16-11-2021 → present

Similar companies · same sector, comparable size

Of 24,515 companies in sector 82990 we hold annual accounts for 9,413. 6,804 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded25-08-2015
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
41003General construction of other non-residential buildings
43990Other specialised construction activities
56301Cafés and bars
81210General cleaning of buildings

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