Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ETABLISSEMENTS ALPO from Limbourg, company number BE0417678733, closed financial year 2025 with a result of € -580 after tax. For that financial year ETABLISSEMENTS ALPO recorded a gross margin of € 878,634 and equity of € 980,799. Compared with financial year 2024, the result moved from € 70,452 to € -580. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 980,799
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -580
▼ still € 70,452 profit in 2024
Profit after tax over the fiscal year.
€ 404,384
▼ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 839,499.
People and assets in 2025
14
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 515,825
▼ 3% vs 2024
€ 36,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 162,958
▼ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 971,806
▼ 18% vs 2024
€ 55,000 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 1.1 million
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 79,724
▲ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 578,953 | € 703,592 | € 941,688 | € 878,634 | ▼ 7% |
| Profit after taxes | € 15,449 | € -58,927 | € 70,452 | € -580 | ▼ € 71,032 |
| Equity | € 1,881,464 | € 1,822,537 | € 1,041,379 | € 980,799 | ▼ 6% |
| Total debts | € 1,780,930 | € 1,912,233 | € 2,585,626 | € 2,351,102 | ▼ 9% |
| Cash | € 690,007 | € 401,469 | € 448,120 | € 404,384 | ▼ 10% |
| Land & buildings | € 513,450 | € 1,432,778 | € 1,331,398 | € 1,208,829 | ▼ 9% |
| Retained profit | € 1,008,555 | € 949,627 | € 900,080 | € 839,499 | ▼ 7% |
| Dividend | € 0 | € 0 | € 120,000 | € 60,000 | ▼ 50% |
| Bank debt | € 0 | € 697,423 | € 1,191,091 | € 971,806 | ▼ 18% |
| Balance sheet total | € 3,779,751 | € 3,816,969 | € 3,672,053 | € 3,376,948 | ▼ 8% |
| Employees (FTE) | 15.8 | 13.3 | 14.4 | 14 | ▼ 0.4 |
Key figures of ETABLISSEMENTS ALPO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ETABLISSEMENTS ALPO?
What happened at ETABLISSEMENTS ALPO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- GENI@L SRL stepped down as director. NBB
- ENTRE DEUX SRL stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 580 (▼ € 71,032 vs 2024). Source: NBB ↗
- GENI@L SRL became a director. NBB
- ENTRE DEUX SRL became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Limbourg. KBO
In short
From € 15,449 profit in 2022 to € 580 loss in 2025.
Paid € 5,680 in corporate taxes since 2022.
Best year ever: 2024, with € 70,452 profit.
On average € 62,800 of value added per employee in 2025.
Management
The stake of GENI@L, ENTRE 2 comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ETABLISSEMENTS ALPOThe shares are held by GENI@L (50%) and ENTRE 2 (50%).
Directors
According to the 2025 annual accounts
Managing director · represented by Gérard LIEGEOIS
Also active at: ETABLISSEMENTS ADOLPHE DOUTREPONT ET COMPAGNIE
since 2024 · until 2030
Managing director · represented by Nadine DEMARCHE
Also active at: ETABLISSEMENTS ADOLPHE DOUTREPONT ET COMPAGNIE
since 2024 · until 2030
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue Reine Astrid 3
4831 Limbourg
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0417.678.733
- VAT number
- BE 0417.678.733
- Registered office
- Avenue Reine Astrid 3, 4831 Limbourg
- Names & denominations
- ETABLISSEMENTS ALPO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 October 1977
- Peppol
- Active · Active since 3 Sept 2025
- Activities · NACE
Supermarkten (verkoopsoppervlakte tussen 400 m2 en minder dan 2.500 m2)
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Niet-gespecialiseerde detailhandel in algemene voedingsmiddelen (verkoopsoppervlakte minder dan 100 m2)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)