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ALPHA EXPRESS DELIVERY

Active
Public limited companyfounded 1989active for 37 yearsVertrouwenstraat 20, 1040 Etterbeek, BelgiumKBO/BCE: BE 0436.934.619

From the official registers: KBO 32 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

ALPHA EXPRESS DELIVERY has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €286,208 and a net result of €110,722. Equity has been growing by about 4.5% per year since 2018. Its solvency ranks better than 61% of 164 sector peers (NACE 53, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

KBO
Status
Active since 17-03-1989 Normal situation
Legal form
Public limited company
Registered office
Vertrouwenstraat 20, 1040 Etterbeek
Activity
Other postal and courier activities NACE 53200
Establishment unit
2.042.654.308 1040 Etterbeek, since 22-03-1989
Financial year end
31 December
Peppol
Reachable since 18-06-2025

Board and ownership

Board

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€269,790
▲ 38.1%
Turnover
≈ €640,000
estimated
Profit
€110,722
▲ 133%
Equity
€286,208
▲ 26.9%
Total assets
€672,219
▲ 42.9%
Staff
≈ 1.5 FTE
estimated
2025 accounts filed 36 days before the deadline
Filed on 25-06-2026at the National Bank
Score breakdownraises riskSector: Postal and courier activities (NACE 53)lowers riskFounded in 1989Liquidity: current ratio 1.72, cash €182,305Size: total assets €672,219Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 70% of micro companies in postal and courier (NACE 53)
Financial strength · tick: 2024
Strong
Solvency 68-5
equity 42.6% of total assets
Liquidity 58-2
short-term debt 51.3% · cash 27.1%
Profitability 89+8
return on assets 16.5%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 2.6% (914 companies, NACE 53, micro)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.4%▼ -0.1 percentage points vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.7%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 0.2%▼ -0.5 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.1%▼ -0.1 percentage points vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.3%▲ +0.1 percentage points vs 08-2026 10-2026: 0.1%▼ -0.2 percentage points vs 09-2026lowest value
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.72 (1.86 in 2024), above the usual 1.5. Short-term debt is 51.3% and cash 27.1% of total assets. However, 57.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 53, micro). It does better than 60% of them on solvency, 72% on liquidity, 78% on profitability and 69% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Postal and courier activities (NACE 53)
KBO
lowers risk · Founded in 1989
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.72, cash €182,305
NBB · annual accounts
lowers risk · Size: total assets €672,219
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
36 days early
2024
22 days late
2023
28 days late
2022
63 days late
2021
61 days late
2020
69 days late
2019
92 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 43 days after the deadline. In the sector (NACE 53), the median for financial year 2024 was 13 days after the deadline, and 56% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 filed years within 34 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €47,581 to €110,722 ▲ 133% View
  • Positive: Higher net result than 86% of companies in postal and couriersector median €8,048 · 164 companies €110,722 View
  • A director leftlatest change 15-06-2026 · 0 in office 1 left View

Documents

Annual accounts at the NBB

All 32 annual accounts

Articles and registers

Key facts about ALPHA EXPRESS DELIVERY

What is the company number of ALPHA EXPRESS DELIVERY?
The company number of ALPHA EXPRESS DELIVERY is 0436.934.619. The VAT number is the same number with BE in front: BE 0436.934.619.
Where is ALPHA EXPRESS DELIVERY based?
The registered office is at Vertrouwenstraat 20, 1040 Etterbeek.Company details
What does ALPHA EXPRESS DELIVERY do?
According to the KBO register, the main activity is other postal and courier activities (NACE 53200).
What is the legal form of ALPHA EXPRESS DELIVERY?
The legal form of ALPHA EXPRESS DELIVERY is Public limited company (NV).
When was ALPHA EXPRESS DELIVERY founded?
ALPHA EXPRESS DELIVERY was founded on 17-03-1989.
Is ALPHA EXPRESS DELIVERY still active?
Yes, ALPHA EXPRESS DELIVERY is an active enterprise in the KBO register.
How many employees does ALPHA EXPRESS DELIVERY have?
ALPHA EXPRESS DELIVERY had an average of 2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of ALPHA EXPRESS DELIVERY?
The turnover in financial year 2025 is ≈ €640,000. This figure is estimated from the gross margin of €269,790 and 2,285 comparable companies of the same size. It probably lies between €380,000 and €1.1m. It is a rough estimate. In financial year 2020 turnover was €2.3m.
Is ALPHA EXPRESS DELIVERY profitable?
In financial year 2025, ALPHA EXPRESS DELIVERY made a profit of €110,722.
Where can I find the annual accounts of ALPHA EXPRESS DELIVERY?
ALPHA EXPRESS DELIVERY filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of ALPHA EXPRESS DELIVERY due?
ALPHA EXPRESS DELIVERY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as ALPHA EXPRESS DELIVERY: other postal and courier activities (NACE 53200). They are comparable in size and age: total assets between €480,000 and €891,000, founded between 1985 and 1999.

CompanyTotal assetsGross margin
ALPHA EXPRESS DELIVERY Etterbeek€672,219€269,790
NORTH & SOUTH AIRLOGISTICS Sint-Jans-Molenbeek€719,805€169,535
Brussels Business Courrier Ukkel€740,969€228,602
MOBILE BUSINESS SPRL Merchtem€890,740€301,800
T.B.W. - EXPRESS Vilvoorde€479,768€299,637
S.D.S. Namur€725,619€329,575
C.P.R. Lier€804,054€395,121
Full comparison

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