ALPHA 4
ActiveSummary
ALPHA 4 has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €80k and a net result of €8k. Equity is growing by ~45.2% per year across the filed fiscal years. Its solvency ranks better than 19% of 11615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability50▼-50
Solvency43▼-28
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity tight (current ratio 1.1 against 2.12 in 2023; short-term debt: 12.9% and cash: 1.4% of total assets), and 82% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
18%
Return on assets
1.8%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 11615 sector peers (2024).
NBB · sector comparisonPosition among 11615 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-06-2025, 50 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
50 d early
2023
50 d early
2022
55 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€80k▲ 10.8%
2023 · €72k
2022: €15k
2023: €72k
2022 → 2024
Total assets
€442k▲ 182%
2023 · €157k
2022: €102k
2023: €157k
2022 → 2024
Net result
€8k▼ 86.5%
2023 · €57k
2022: €29k
2023: €57k
2022 → 2024
Working capital
€6k▼ 91.1%
2023 · €66k
2022: €6k
2023: €66k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€15k-€72k▲ 393%€80k▲ 10.8%
Operating result€37k-€75k▲ 101%€27k▼ 64.9%
Net result€29k-€57k▲ 96.3%€8k▼ 86.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 65% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €442k
Fixed assets
€378k ▲ 1,097%
Current assets
€63k ▼ 49.1%
Equity and liabilities €442k
Equity
€80k ▲ 10.8%
Debt
€363k ▲ 327%
Debt's share of the balance-sheet total rises from 54.1% to 82.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€53k▼
2023 · €93k
Cash flow
€34k▼
2023 · €74k
Current ratio
1.10▼
2023 · 2.12
Debt to equity
4.54▲
2023 · 1.18
ROE
9.7%▼
2023 · 79.7%
ROA
1.8%▼
2023 · 36.6%
Interest coverage
3.54▼
2023 · 31.42
Debt ≤ 1 year
€57k▼
2023 · €58k
Debt > 1 year
€305k▲
2023 · €27k
Income taxes
€5k▼
2023 · €16k
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 · 2024 against 2023 · 41 lines
Balance sheet
Code20232024
Assets
Total assets20/58€157k€442k▲
Formation expenses20€1k€947▼
Fixed assets21/28€32k€378k▲
Tangible fixed assets22/27€32k€378k▲
Land and buildings22-€363k
Furniture and vehicles24€32k€15k▼
Current assets29/58€124k€63k▼
Amounts receivable within one year40/41€84k€51k▼
Trade receivables40€48k€25k▼
Other amounts receivable41€37k€26k▼
Cash at bank and in hand54/58€37k€6k▼
Deferred charges and accrued income490/1€3k€6k▲
Equity and liabilities
Total equity and liabilities10/49€157k€442k▲
Equity10/15€72k€80k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€70k€77k▲
Amounts payable17/49€85k€363k▲
Amounts payable after more than one year17€27k€305k▲
Financial debts170/4€27k€305k▲
Amounts payable within one year42/48€58k€57k▼
Current portion of amounts payable after more than one year42€13k€14k▲
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€42k€41k▼
Taxes450/3€42k€37k▼
Remuneration and social security454/9-€4k
Accrued charges and deferred income492/3-€387
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€26k▲
Other operating charges640/8€4k€3k▼
Gross operating margin9900€97k€56k▼
Operating profit (loss)9901€75k€27k▼
Financial income75/76B€831€979▲
Recurring financial income75€831€979▲
Financial charges65/66B€3k€15k▲
Recurring financial charges65€3k€15k▲
Profit (loss) for the period before taxes9903€73k€13k▼
Income taxes67/77€16k€5k▼
Profit (loss) for the period9904€57k€8k▼
Profit (loss) for the period to be appropriated9905€57k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€70k€77k▲
Profit (loss) brought forward from the previous period14P€12k€70k▲
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
2026
04-08
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- General meeting, 25/03/2026
- Registered-office move, 1495 Sart Dames Aveline, Rue Jumerée 5B
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €8k ▼86.5%
Net result drops to €8k, the lowest in the series.
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2022net €57k ▲96.3%
Operating result €75k, net result €57k, both a record.
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneState Gazette actNBB 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 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Villers-la-Ville · 1 establishment unit since 2022
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.
Rue Jumerée 51495 Villers-la-VilleGround area
1,259 m²
Building footprint
58 m²
Parcel 25098G0199/00E002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue Jumerée 5B, 1495 Villers-la-Ville
since 20222.335.407.335
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25098G0199/00E002 | Wallonia | 1,259 m² | 1 · 58 m² | - |
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.
Similar companies · same sector, comparable size
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M&FP
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ENGINEERING SPRUYT DIDIER
BE 0550.603.474
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BETIC SOCIETE CIVILE D'ARCHITECTES
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Of 11,550 companies in sector 71121 we hold annual accounts for 6,563. 5,173 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-06-2022
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.