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 3 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2023; threshold 65 %.
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Late annual account NBB
Fiscal year 2023 was filed 615 days after the legal deadline.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
ALVEUS from Ukkel, company number BE0536452461, closed financial year 2023 with a result of € 49,827 after tax. For that financial year ALVEUS recorded a gross margin of € 87,869 and equity of € -184,215. Compared with financial year 2022, the result moved from € -112,293 to € 49,827. Profitable, and profit is growing. 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 April 7, 2026.
€ -184,215
▲ € 49,827 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 49,827
▲ still € 112,293 loss in 2022
Profit after tax over the fiscal year.
€ 21,891
▲ € 18,238 vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € -295,575.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 3,884
▼ 93% vs 2022
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 13,771
▼ 5% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 62,015
▼ 26% vs 2022
€ 22,611 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 153,329
▼ 32% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 51,377
▼ 3% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 50,103 | € -5,173 | € 87,869 | ▲ € 93,042 |
| Profit after taxes | € -42,682 | € -112,293 | € 49,827 | ▲ € 162,120 |
| Equity | € -121,749 | € -234,042 | € -184,215 | ▲ € 49,827 |
| Total debts | € 289,853 | € 387,767 | € 310,818 | ▼ 20% |
| Cash | € 13,335 | € 3,653 | € 21,891 | ▲ € 18,238 |
| Land & buildings | € 67,524 | € 51,548 | € 35,571 | ▼ 31% |
| Retained profit | € -233,109 | € -345,402 | € -295,575 | ▲ € 49,827 |
| Bank debt | € 104,722 | € 83,774 | € 62,015 | ▼ 26% |
| Balance sheet total | € 168,104 | € 153,725 | € 126,603 | ▼ 18% |
Key figures of ALVEUS, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to ALVEUS?
What happened at ALVEUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: profit of € 49,827. filed late Source: NBB ↗
- New establishment in Brussel. KBO
- New establishment in Ukkel. KBO
- CEDRIC VANHORENBEKE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 42,682 loss in 2021 to € 49,827 profit in 2023.
Paid € 415 in corporate taxes since 2021.
Best year ever: 2023, with € 49,827 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
Directors
According to the 2023 annual accounts
CEDRIC VANHORENBEKE
Managing director
since 2013
Establishments
Establishment units
Physical locations of this company
Alsembergsesteenweg 1159
1180 Ukkel
Houba de Strooperlaan 94A
1020 Brussel
Active since 18 April 2016
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
- 0536.452.461
- VAT number
- BE 0536.452.461
- Registered office
- Alsembergsesteenweg 1159, 1180 Ukkel
- Names & denominations
- ALVEUS
- Enterprise type
- Rechtspersoon
- Legal form
- Coöperatieve vennootschap met beperkte aansprakelijkheid met een sociaal oogmerk
- Legal situation
- Normale toestand
- Start date
- 5 July 2013
- Peppol
- Active · Active since 11 Sept 2026
- Activities · NACE
Uitvaartverzorging