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 4 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 21 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
50 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2025
ALVAREZ CAPITAL from Elsene, company number BE0676677740, closed financial year 2025 with a result of € -1,709 after tax. For that financial year ALVAREZ CAPITAL recorded a gross margin of € -1,679 and equity of € -98,163. Compared with financial year 2024, the result moved from € -3,524 to € -1,709. 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 July 28, 2026.
€ -98,163
▼ € 1,709 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,709
▲ 52 % less loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -117,063.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5,153
▲ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -3,871 | € -971 | € -3,088 | € -1,679 | ▲ € 1,408 |
| Profit after taxes | € -5,094 | € -1,613 | € -3,524 | € -1,709 | ▲ € 1,815 |
| Equity | € -91,317 | € -92,930 | € -96,454 | € -98,163 | ▼ € 1,709 |
| Total debts | € 0 | € 1,110 | € 4,089 | € 6,701 | ▲ 64% |
| Cash | € 1,541 | € 1,272 | € 85 | - | |
| Retained profit | € -110,217 | € -111,830 | € -115,354 | € -117,063 | ▼ € 1,709 |
| Balance sheet total | € 1,775 | € 1,272 | € 727 | € 1,630 | ▲ 124% |
Key figures of ALVAREZ CAPITAL, 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 ALVAREZ CAPITAL?
What happened at ALVAREZ CAPITAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
ALVAREZ CAPITAL is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2025: loss of € 1,709. Source: NBB ↗
- New establishment in Etterbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,094 loss in 2022 to € 1,709 loss in 2025.
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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 ALVAREZ CAPITAL is Pablo Alvarez Godoy. Pablo Alvarez Godoy is also behind MELOSOL IMMO.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Louizalaan 287 box 12
1050 Elsene
Charles-Maurice Wiserplein 13 box 22
1040 Etterbeek
Active since 9 June 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 50 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0676.677.740
- VAT number
- BE 0676.677.740
- Registered office
- Louizalaan 287 bus 12, 1050 Elsene
- Names & denominations
- ALVAREZ CAPITAL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 9 June 2017
- Peppol
- Active · Active since 3 Sept 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen