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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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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 2025
Alvades from Kortrijk, company number BE0459171076, closed financial year 2025 with a result of € -36,923 after tax. For that financial year Alvades recorded a gross margin of € 4,467 and equity of € 459,985. Compared with financial year 2024, the result moved from € -79,084 to € -36,923. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 3, 2025.
€ 459,985
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -36,923
▲ 53 % less loss than in 2024
Profit after tax over the fiscal year.
€ 131,044
▲ 175% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 441,393.
People and assets in 2025
€ 88,804
▲ 3% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 14,510
▼ 8% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,792
▲ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 179
▼ 96% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 5,035 | € 160,599 | € 146,359 | € 4,467 | ▼ 97% |
| Profit after taxes | € -127,558 | € 47,367 | € -79,084 | € -36,923 | ▲ € 42,160 |
| Equity | € 528,625 | € 575,992 | € 496,908 | € 459,985 | ▼ 7% |
| Total debts | € 29,825 | € 114,668 | € 104,429 | € 99,762 | ▼ 4% |
| Cash | € 16,032 | € 1,507 | € 47,642 | € 131,044 | ▲ 175% |
| Land & buildings | € 513,607 | € 430,837 | € 322,294 | € 306,747 | ▼ 5% |
| Retained profit | € 510,033 | € 557,400 | € 478,316 | € 441,393 | ▼ 8% |
| Balance sheet total | € 558,450 | € 690,660 | € 601,338 | € 559,747 | ▼ 7% |
Key figures of Alvades, 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 October 2026.
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 2025: loss of € 36,923. Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Kortrijk. KBO
In short
From € 127,558 loss in 2022 to € 36,923 loss in 2025.
Paid € 708 in corporate taxes since 2022.
Best year ever: 2023, with € 47,367 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Alvades is Marc VAN DER SCHUEREN.
Directors
According to the 2025 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
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen