ALVATEC
ActiveSummary
ALVATEC has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €751k and a net result of €105k. Equity is growing by ~20% per year across the filed fiscal years. Its solvency ranks better than 59% of 913 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▲+16
Solvency71▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity short (current ratio 0.22 against 0.32 in 2024; short-term debt: 34.5% and cash: 6.2% of total assets), and 53.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
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
46.2%
Return on assets
6.5%
Age of the figures
9 mo
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 19-03-2026, 134 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
134 d early
2024
112 d early
2023
117 d early
2022
131 d early
2021
129 d early
2020
88 d early
2019
86 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€751k▲ 8.0%
2024 · €695k
2018: €190k
2019: €176k
2020: €225k
2021: €339k
2022: €530k
2023: €617k
2024: €695k
2018 → 2025
Total assets
€1.62M▼ 3.0%
2024 · €1.67M
2018: €467k
2019: €308k
2020: €297k
2021: €385k
2022: €1.70M
2023: €1.71M
2024: €1.67M
2018 → 2025
Net result
€105k▲ 35.0%
2024 · €78k
2018: €-23k
2019: €-14k
2020: €49k
2021: €114k
2022: €191k
2023: €88k
2024: €78k
2018 → 2025
Working capital
€-437k▼ 17.1%
2024 · €-373k
2018: €8k
2019: €38k
2020: €131k
2021: €339k
2022: €-334k
2023: €-347k
2024: €-373k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€339k-€530k▲ 56.3%€617k▲ 16.6%€695k▲ 12.6%€751k▲ 8.0%
Operating result€163k-€321k▲ 97.0%€154k▼ 52.1%€161k▲ 4.5%€193k▲ 19.7%
Net result€114k-€191k▲ 67.0%€88k▼ 54.0%€78k▼ 11.4%€105k▲ 35.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 20% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.62M
Fixed assets
€1.50M =
Current assets
€124k ▼ 28.9%
Equity and liabilities €1.62M
Equity
€751k ▲ 8.0%
Debt
€873k ▼ 10.9%
Debt's share of the balance-sheet total falls from 58.5% to 53.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€193k▲
2024 · €161k
Cash flow
€105k▲
2024 · €78k
Current ratio
0.22▼
2024 · 0.32
Debt to equity
1.16▼
2024 · 1.41
ROE
14.0%▲
2024 · 11.2%
ROA
6.5%▲
2024 · 4.6%
Interest coverage
5.14▲
2024 · 3.51
Debt ≤ 1 year
€561k▲
2024 · €547k
Debt > 1 year
€286k▼
2024 · €400k
Income taxes
€50k▲
2024 · €37k
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.67M€1.62M▼
Fixed assets21/28€1.50M€1.50M=
Tangible fixed assets22/27€1k€584▼
Furniture and vehicles24€1k€584▼
Financial fixed assets28€1.50M€1.50M=
Current assets29/58€174k€124k▼
Amounts receivable within one year40/41€22k€23k▲
Trade receivables40€22k€23k▲
Other amounts receivable41€0-
Cash at bank and in hand54/58€152k€101k▼
Equity and liabilities
Total equity and liabilities10/49€1.67M€1.62M▼
Equity10/15€695k€751k▲
Contributions10/11€19k€19k=
Reserves13€676k€732k▲
Distributable reserves133€676k€732k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€980k€873k▼
Amounts payable after more than one year17€400k€286k▼
Financial debts170/4€400k€286k▼
Amounts payable within one year42/48€547k€561k▲
Current portion of amounts payable after more than one year42€114k€114k=
Trade debts44€141€167▲
Suppliers440/4€141€167▲
Taxes, remuneration and social security45€23k€30k▲
Taxes450/3€23k€30k▲
Other amounts payable47/48€410k€416k▲
Accrued charges and deferred income492/3€33k€27k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€479€479=
Other operating charges640/8€2k€2k▲
Gross operating margin9900€163k€195k▲
Operating profit (loss)9901€161k€193k▲
Financial income75/76B€0-
Recurring financial income75€0-
Non-recurring financial income76B€0-
Financial charges65/66B€46k€38k▼
Recurring financial charges65€46k€38k▼
Profit (loss) for the period before taxes9903€115k€155k▲
Income taxes67/77€37k€50k▲
Profit (loss) for the period9904€78k€105k▲
Profit (loss) for the period to be appropriated9905€78k€105k▲
Appropriation of the result
Profit (loss) to be appropriated9906€78k€105k▲
Transfer from equity791/2-€49k
Transfer to equity691/2€78k€105k▲
To other reserves6921€78k€105k▲
Profit to be distributed694/7-€49k
Return on contributions (dividend)694-€49k
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (13 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
19-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
10-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
05-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
22-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €191k ▲67%
Operating result €321k, net result €191k, both a record.
31-12
Financial
Equity above €500kEq €530k ▲56.3%
3 profitable years in a row build equity to €530k.
24-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 8.34
Current ratio from 2.82 to 8.34; short-term debt falls from €72k to €46k.
04-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €49k
Net result €49k after 2 loss-making years.
31-12
Financial
Equity above €200kEq €225k ▲28%
Equity rises from €176k to €225k.
06-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
08-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
08-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Alveringem · 1 establishment unit since 1994
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.
Hostede 18690 AlveringemGround area
2.1 ha
Building footprint
3,380 m²
Volume, LiDAR
24,196 m³
2 parcels, Flanders · tallest building 8.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
HELI RENT & PUBLICITY
since 19942.069.519.348
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38002D1077/00A000 | Flanders | 1.6 ha | 1 · 476 m² | 7.9 m · 1 fl. |
| 38011B0263/00L000 | Flanders | 4,967 m² | 1 · 2,903 m² | 8.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
BRAVO-TECH
BE 0841.862.802
Oudenaarde · Eq €733k
DH-LOCATION
BE 0747.521.986
Honnelles · Eq €706k
L.P.M
BE 0668.951.986
Charleroi · Eq €850k
IMMO CHIDOFF
BE 0433.909.209
Ganshoren · Eq €855k
WN MANAGEMENT & CONSULTANCY
BE 0445.299.581
Zulte · Eq €867k
Of 233 companies in sector 77221 we hold annual accounts for 125. 77 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
Founded14-12-1994
Fiscal year end31-12
Activities, NACEBEL 2025
77221Rental and leasing activities
46900Non-specialised wholesale trade
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.