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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ALPHA LINE from Waterloo, company number BE0479005202, closed financial year 2025 with a result of € -341,700 after tax. For that financial year ALPHA LINE recorded a gross margin of € -825 and equity of € -296,987. Compared with financial year 2024, the result moved from € -62,891 to € -341,700. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 22, 2025.
€ -296,987
▼ € 341,700 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -341,700
▼ 443 % more loss than in 2024
Profit after tax over the fiscal year.
€ 78
▼ 79% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -296,987.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,952
▼ 81% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -18,861 | € -2,091 | € -62,266 | € -825 | ▲ € 61,441 |
| Profit after taxes | € -19,804 | € -3,567 | € -62,891 | € -341,700 | ▼ € 278,809 |
| Equity | € 111,171 | € 107,604 | € 44,713 | € -296,987 | ▼ € 341,700 |
| Total debts | € 602,249 | € 613,917 | € 368,890 | € 297,084 | ▼ 19% |
| Cash | € 3,745 | € 487 | € 379 | € 78 | ▼ 79% |
| Retained profit | € 111,171 | € 107,604 | € 44,713 | € -296,987 | ▼ € 341,700 |
| Balance sheet total | € 713,420 | € 721,521 | € 413,602 | € 98 | ▼ € 413,505 |
Key figures of ALPHA LINE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to ALPHA LINE?
What happened at ALPHA LINE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 341,700. Source: NBB ↗
- Cédric COURBOIN became a director. NBB
- Marc CHARLES became a director. NBB
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,804 loss in 2022 to € 341,700 loss in 2025.
Management
Behind ALPHA LINE are Cédric COURBOIN and Marc CHARLES. The same people are also behind Immobilière Le Normandie 15. Cédric COURBOIN is also behind IMMOBILIERE BEECKMAN and IMMOBILIERE GATTI DE GAMOND. Marc CHARLES is also behind GIA IMMOBILIER, LivingStones, Waterloo 108, AD 37 and GIA PARTNERS.
Directors
According to the 2025 annual accounts
Cédric COURBOIN
Director
Also active at: IMMOBILIERE BEECKMAN, IMMOBILIERE GATTI DE GAMOND, Immobilière Le Normandie 15
since 2021
Marc CHARLES
Director
Also active at: GIA IMMOBILIER, Immobilière Le Normandie 15, LivingStones, Waterloo 108, AD 37, GIA PARTNERS, New Schlosser Project
since 2021
Establishments
Establishment units
Physical locations of this company
Drève Richelle 161B box 38
1410 Waterloo
Gatti de Gamondstraat 145
1180 Ukkel
Active since 1 April 2003
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →Century 21 Benelux
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€ 194,154 gross margin · 2025
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€ -1,095 gross margin · 2025
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€ 12,619 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.005.202
- VAT number
- BE 0479.005.202
- Registered office
- Drève Richelle 161B bus 38, 1410 Waterloo
- Names & denominations
- ALPHA LINE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 December 2002
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
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