Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Shrinking team NBB
FTE fell two years in a row, from 42 to 36.6.
Financials
Financial year 2024
ALPHA NETWORKS from Braine-l'Alleud, company number BE0897605732, closed financial year 2024 with a result of € 512,573 after tax. For that financial year ALPHA NETWORKS recorded a gross margin of € 4.7 million and equity of € -20.5 million. Compared with financial year 2023, the result moved from € 74,047 to € 512,573. 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 October 9, 2025.
€ -20.5 million
▲ € 512,573 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 512,573
▲ € 438,527 vs 2023
Profit after tax over the fiscal year.
€ 25,347
▼ 58% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -35.5 million.
People and assets in 2024
36.6
▼ 4.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 3 million
▼ 9% vs 2023
€ 82,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 15,614
▼ 71% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 4.3 million
▼ 1% vs 2023
€ 670,104 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1.6 million
▼ 30% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1.3 million
▲ 122% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 3,323,889 | € 4,195,158 | € 4,276,057 | € 4,749,174 | ▲ 11% |
| Profit after taxes | € 158,164 | € 696,337 | € 74,047 | € 512,573 | ▲ € 438,527 |
| Equity | € -21,829,512 | € -21,123,875 | € -21,049,828 | € -20,537,255 | ▲ € 512,573 |
| Total debts | € 23,954,613 | € 27,546,248 | € 30,735,415 | € 31,048,078 | ▲ 1% |
| Cash | € 117,567 | € 60,874 | € 60,317 | € 25,347 | ▼ 58% |
| Retained profit | € -36,761,534 | € -36,065,197 | € -35,991,150 | € -35,478,577 | ▲ € 512,573 |
| Bank debt | € 791,500 | € 1,496,430 | € 4,408,420 | € 4,343,143 | ▼ 1% |
| Balance sheet total | € 2,135,101 | € 6,432,373 | € 9,695,587 | € 10,520,823 | ▲ 9% |
| Employees (FTE) | 41.9 | 42 | 40.7 | 36.6 | ▼ 4.1 |
Key figures of ALPHA NETWORKS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to ALPHA NETWORKS?
What happened at ALPHA NETWORKS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 512,573 (▲ € 438,527 vs 2023). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Braine-l'Alleud. KBO
In short
From € 158,164 profit in 2021 to € 512,573 profit in 2024.
Paid € 120,020 in corporate taxes since 2021.
Best year ever: 2022, with € 696,337 profit.
On average € 129,800 of value added per employee in 2024.
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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
The stake of K.J.B., COMANI, CAPARMOR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ALPHA NETWORKSBehind ALPHA NETWORKS are Victor Badin, ACE GROWTH HOLDING V.O.F, K.J.B SA, Jacques Badin and QUETZACOALT F.H.U.. The shares are held by K.J.B. (71.1%), COMANI (2%) and CAPARMOR. It owns 100% of ALPHA TUCANO MAROC, 100% of HUBEE SAS, 100% of KAEMO and 100% of Alpha Tucano France itself.
Directors
According to the 2024 annual accounts
Victor Badin
Conseil de surveillance
Conseil de surveillance · represented by Charles Lorenceau
Conseil de surveillance · represented by Olivier Badin
Jacques Badin
Conseil de surveillance
QUETZACOALT F.H.U.
Conseil de surveillance · represented by Frédéric DE VUYST
Participations
Establishments
Establishment units
Physical locations of this company
Chaussée de Nivelles 81
1420 Braine-l'Alleud
Boulevard de France 9
1420 Braine-l'Alleud
Active since 24 April 2008
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
OVH, FR
Domain
Domain
alphanetworks.tv
Registered
2013-01-11
Registrar
OVH sas
Expires
2027-01-11
Website info
Features
Security
Network
Details
- Company number
- 0897.605.732
- VAT number
- BE 0897.605.732
- Registered office
- Chaussée de Nivelles 81, 1420 Braine-l'Alleud
- Names & denominations
- ALPHA NETWORKS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 April 2008
- Peppol
- Active · Active since 31 Dec 2025
- Contact
- alphanetworks.tv
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