VAN ALPHEN LUDWIG
ActiveVAN ALPHEN LUDWIG has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €217k and a net result of €16k. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 1329 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2022
Profitability78▲+8
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 22.58 against 33.59 in 2022; short-term debt: 4.3% and cash: 19.6% of total assets), and 4.3% of the assets are financed with debt.
Credit advice 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 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-10-2025, 75 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
75 d late
2022
143 d late
2021
110 d late
2019
27 d late
2018
27 d late
2017
14 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€217k▲ 9.7%
2022 · €197k
2018: €178k
2019: €186k
2021: €196k
2022: €197k
2018 → 2024
Total assets
€226k▲ 11.6%
2022 · €203k
2018: €200k
2019: €199k
2021: €217k
2022: €203k
2018 → 2024
Net result
€16k▲ 833%
2022 · €2k
2018: €27k
2019: €8k
2021: €13k
2022: €2k
2018 → 2024
Working capital
€211k▲ 17.4%
2022 · €179k
2018: €177k
2019: €177k
2021: €174k
2022: €179k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202120222024Trend
Equity€178k-€186k▲ 4.4%€196k▲ 5.5%€197k▲ 0.9%€217k▲ 9.7%
Operating result€28k-€11k▼ 60.6%€16k▲ 52.0%€3k▼ 81.3%€23k▲ 651%
Net result€27k-€8k▼ 70.8%€13k▲ 61.0%€2k▼ 86.5%€16k▲ 833%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €23k in 2024, compared with €3k in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2022 as the grey bar beneath
Assets €226k
Fixed assets
€6k▼ 66.4%
Current assets
€220k▲ 19.2%
Equity and liabilities €226k
Equity
€217k▲ 9.7%
Debt
€10k▲ 77.3%
The debt ratio rises from 2.7% to 4.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€30k▲
2022 · €9k
Cash flow
€23k▲
2022 · €8k
Solvency
95.7%▼
2022 · 97.3%
Current ratio
22.58▼
2022 · 33.59
Quick ratio
22.58▼
2022 · 33.59
Debt / equity
0.05▲
2022 · 0.03
ROE
7.4%▲
2022 · 0.9%
ROA
7.0%▲
2022 · 0.8%
Interest coverage
67.28▲
2022 · 11.26
Debt
€10k▲
2022 · €6k
Debt ≤ 1 year
€10k▲
2022 · €6k
Income taxes
€7k▲
2022 · €757
Staff costs
€65k▲
2022 · €57k
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 · 2024 against 2022
Balance sheet
Code20222024
Assets
Total assets20/58€203k€226k▲
Fixed assets21/28€18k€6k▼
Tangible fixed assets22/27€18k€6k▼
Plant, machinery and equipment23€15k€6k▼
Furniture and vehicles24€2k-
Leasing and similar rights25€710€20▼
Financial fixed assets28€31€31=
Current assets29/58€185k€220k▲
Amounts receivable within one year40/41€105k€153k▲
Trade receivables40€40k€48k▲
Other amounts receivable41€65k€105k▲
Cash at bank and in hand54/58€69k€44k▼
Deferred charges and accrued income490/1€11k€22k▲
Equity and liabilities
Total equity and liabilities10/49€203k€226k▲
Equity10/15€197k€217k▲
Contributions10/11€19k€19k=
Reserves13€179k€198k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€177k€196k▲
Amounts payable17/49€6k€10k▲
Amounts payable within one year42/48€6k€10k▲
Trade debts44€6k€4k▼
Suppliers440/4€6k€4k▼
Taxes, remuneration and social security45-€6k
Taxes450/3-€5k
Remuneration and social security454/9-€809
Income statement
Code20222024
Remuneration, social security and pensions62€57k€65k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€7k▲
Other operating charges640/8€947€3k▲
Gross operating margin9900€68k€99k▲
Operating profit (loss)9901€3k€23k▲
Financial income75/76B€213-
Recurring financial income75€213-
Financial charges65/66B€836€451▼
Recurring financial charges65€836€451▼
Profit (loss) for the period before taxes9903€2k€23k▲
Income taxes67/77€757€7k▲
Profit (loss) for the period9904€2k€16k▲
Profit (loss) for the period to be appropriated9905€2k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€16k▲
Transfer to equity691/2€2k€16k▲
To other reserves6921€2k€16k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 75 days late
2024
31-12
Financial
Equity above €200kEq €217k ▲9.7%
5 profitable years in a row build equity to €217k.
2023
21-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 143 days late
2022
31-12
Financial
Weakest financial yearnet €2k ▼86.5%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 33.59
Current ratio from 9.30 to 33.59; short-term debt falls from €21k to €6k.
18-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 110 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 14 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
2015
12-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 12 days late
2014
13-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 13 days late
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, Antwerpen · 1 establishment unit since 2002
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.
Turnhoutsebaan 2892100 AntwerpenGround area
5,905 m²
Building footprint
222 m²
Volume, LiDAR
4,823 m³
Parcel 11344A0528/00K013, Flanders · tallest building 24.0 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Turnhoutsebaan 289, 2100 Antwerpen
since 20022.096.230.079
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11344A0528/00K013 | Flanders | 5,905 m² | 1 · 222 m² | 24.0 m · 8 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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CLAES SANDER
BE 0538.594.973
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ASFALT VERSCHATSE
BE 0419.295.762
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HOVERBEKE
BE 0866.230.685
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Of 2,327 companies in sector 42110 we hold annual accounts for 1,097. 790 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-07-2002
Fiscal year end31-12
Activities, NACEBEL
42110Construction of roads and motorways
45230
42911Civil engineering
43120Site preparation
43230Insulation installation
43240Other construction installation
43291Specialised construction activities
43299Specialised construction activities
43990Other specialised construction activities
43999Specialised construction activities
45112
45250
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.