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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2026
Alvades from Kortrijk, company number BE0459171076, closed financial year 2026 with a result of € 267,585 after tax. For that financial year Alvades recorded a gross margin of € 364,876 and equity of € 727,570. Compared with financial year 2025, the result moved from € -36,923 to € 267,585. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 29, 2026.
€ 727,570
▲ 58% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 267,585
▲ still € 36,923 loss in 2025
Profit after tax over the fiscal year.
€ 385,604
▲ 194% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 708,978.
People and assets in 2026
€ 102,287
▲ 15% vs 2025
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 102,919
▲ € 88,409 vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 10,675
▲ 123% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 85,425
▲ € 85,246 vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 160,599 | € 146,359 | € 4,467 | € 364,876 | ▲ € 360,409 |
| Profit after taxes | € 47,367 | € -79,084 | € -36,923 | € 267,585 | ▲ € 304,509 |
| Equity | € 575,992 | € 496,908 | € 459,985 | € 727,570 | ▲ 58% |
| Total debts | € 114,668 | € 104,429 | € 99,762 | € 181,936 | ▲ 82% |
| Cash | € 1,507 | € 47,642 | € 131,044 | € 385,604 | ▲ 194% |
| Land & buildings | € 430,837 | € 322,294 | € 306,747 | € 62,971 | ▼ 79% |
| Retained profit | € 557,400 | € 478,316 | € 441,393 | € 708,978 | ▲ 61% |
| Balance sheet total | € 690,660 | € 601,338 | € 559,747 | € 909,506 | ▲ 62% |
Key figures of Alvades, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Alvades?
What happened at Alvades in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 267,585. Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Kortrijk. KBO
In short
From € 47,367 profit in 2023 to € 267,585 profit in 2026.
Paid € 73,524 in corporate taxes since 2023.
Best year ever: 2026, with € 267,585 profit.
Management
Behind Alvades is Marc VAN DER SCHUEREN.
Directors
According to the 2026 annual accounts
Marc VAN DER SCHUEREN
Director
Establishments
Establishment units
Physical locations of this company
Groene Dreef(Rol) 16
8510 Kortrijk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0459.171.076
- VAT number
- BE 0459.171.076
- Registered office
- Groene Dreef(Rol) 16, 8510 Kortrijk
- Names & denominations
- Alvades
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 November 1996
- Peppol
- Not registered
- Activities · NACE
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