Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ALPHA MASTERS from Zwalm, company number BE0880190074, closed financial year 2025 with a result of € -26,905 after tax. For that financial year ALPHA MASTERS recorded a gross margin of € 42,354 and equity of € 650,243. Compared with financial year 2024, the result moved from € 244,128 to € -26,905. 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 August 26, 2026.
€ 650,243
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -26,905
▼ still € 244,128 profit in 2024
Profit after tax over the fiscal year.
€ 661
▼ 99% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 637,243.
People and assets in 2025
€ 66,991
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 104,447
▼ 21% vs 2024
€ 28,833 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 5,407
▼ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,596
▼ 56% 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 | € 79,004 | € 61,744 | € 71,674 | € 42,354 | ▼ 41% |
| Profit after taxes | € 170,389 | € 16,255 | € 244,128 | € -26,905 | ▼ € 271,033 |
| Equity | € 416,764 | € 433,020 | € 677,148 | € 650,243 | ▼ 4% |
| Total debts | € 330,065 | € 307,693 | € 338,330 | € 396,828 | ▲ 17% |
| Cash | € 14,025 | € 16,510 | € 95,608 | € 661 | ▼ 99% |
| Land & buildings | € 459,653 | € 442,535 | € 667,704 | € 790,413 | ▲ 18% |
| Retained profit | € 403,764 | € 420,020 | € 664,148 | € 637,243 | ▼ 4% |
| Bank debt | € 187,233 | € 159,280 | € 131,853 | € 104,447 | ▼ 21% |
| Balance sheet total | € 746,830 | € 740,713 | € 1,015,478 | € 1,047,071 | ▲ 3% |
Key figures of ALPHA MASTERS, 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 ALPHA MASTERS?
What happened at ALPHA MASTERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 26,905 (▼ € 271,033 vs 2024). filed late Source: NBB ↗
- New establishment in Zwalm. KBO
- Start of the company according to the CBE. KBO
In short
From € 170,389 profit in 2022 to € 26,905 loss in 2025.
Paid € 24,358 in corporate taxes since 2022.
Best year ever: 2024, with € 244,128 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 ALPHA MASTERS are Erwin Kints and Dominique Van Gansbeke.
Directors
According to the 2025 annual accounts
Erwin Kints
Director
Dominique Van Gansbeke
Director
Establishments
Establishment units
Physical locations of this company
S.V.D. Veldestraat(SML) 4
9630 Zwalm
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0880.190.074
- VAT number
- BE 0880.190.074
- Registered office
- S.V.D. Veldestraat(SML) 4, 9630 Zwalm
- Names & denominations
- ALPHA MASTERS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 March 2006
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
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