ACTIVE

ALPHA FINANCE

Financial year 2025 · Closed on 31/12/2025

Net result-26,9 k €-1 561,1 %over 1 year

Gross margin65,5 k €+50,1 %over 1 year

Equity-35,1 k €-326,3 %over 1 year

Identity

Source · BCE/KBO

ALPHA FINANCE is a Public limited company incorporated in 1991. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Liège.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0444.692.243
Incorporation: 29/06/1991
Legal form: Public limited company
Registered office: Rue de Mulhouse 33 box A
4020 Liège · WallonieSee on map
Contributed capital: 62 960,40 €
Latest accounts: 31/12/2025

Activities (NACE)

68203Rental and operating of own or leased real estate· main 68203Rental and operating of own or leased real estate

Signals

Positive EBITDA

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	65,5 k €	+50.1%	43,6 k €	+32.2%	33 k €	+222%	10,2 k €	-35.2%	15,8 k €
EBITDA	23,2 k €	+1370%	1,6 k €	+118%	-8,6 k €	+69.4%	-28 k €	-29.9%	-21,6 k €
Operating result	19,8 k €	+1850%	1 k €	+112%	-8,6 k €	+69.4%	-28 k €	-29.9%	-21,6 k €
Net result	-26,9 k €	-1561%	-1,6 k €	+85.6%	-11,3 k €	+48.9%	-22 k €	-1.3%	-21,8 k €
Balance sheet
Equity	-35,1 k €	-326%	-8,2 k €	-24.4%	-6,6 k €	-242%	4,6 k €	-82.6%	26,7 k €
Total assets	1,2 M €	+3.4%	1,2 M €	+786%	136,4 k €	-8.2%	148,6 k €	-9.8%	164,7 k €
Cash	778,6 €	-86.8%	5,9 k €	+5704%	101,3 €	+222%	31,5 €	+41.2%	22,3 €
Debts	1,3 M €	+5.5%	1,2 M €	+751%	143,1 k €	-0.6%	144 k €	+4.3%	138,1 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 30 ended

Active mandates

BUSINESS GLOBAL

Director · since 28 juin 2021 · 0476.768.064

Represented by Fabrice LOUETTE

Active

Michel MERVEILLE

Director · since 24 février 2018

Active

NOSHAQ PARTNERS

Director · since 24 février 2018 · 0808.219.836

Represented by Franz RENSON

Active

Ended mandates

BUSINESS GLOBAL

Director · since 28 juin 2021 · 0476.768.064

Represented by Juan RIZZO DI CARLO

Ended

BUSINESS GLOBAL

Director · since 28 juin 2021 · until 26 février 2027 · 0476.768.064

Represented by Fabrice LOUETTE

Ended

BUSINESS GLOBAL

Director · since 28 juin 2021 · 0476.768.064

Represented by Juan RIZZO DI CARLO

Ended

Alexandre CLERCQ

Director · since 24 février 2018 · until 28 juin 2021

Ended

Other companies at this address

Rue de Mulhouse 33 4020 Liège

Company	CBE no.
ALPHA● Active	1008.271.547
Formation permanente● Active	0462.502.235
Laboratoires de Pharmacie Legia● Liquidation	0403.962.438
PHARMALEX● Active	0471.925.883
WALLONIE IMAGE PRODUCTION, asbl● Active	0431.001.682

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/04/2026	23/06/2025	27/02/2024	23/07/2023	24/08/2022	18/10/2021
General meeting	09/04/2026	12/06/2025	23/02/2024	30/06/2023	30/06/2022	28/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	09/04/2026	10/04/2026	French	PDF
Abridged model	31/12/2024	12/06/2025	23/06/2025	French	PDF
Abridged model	31/12/2023	23/02/2024	27/02/2024	French	PDF
Abridged model	31/12/2022	30/06/2023	23/07/2023	French	PDF
Abridged model	31/12/2021	30/06/2022	24/08/2022	French	PDF
Abridged model	31/12/2020	28/06/2021	18/10/2021	French	PDF
Micro model	31/12/2019	05/11/2020	26/11/2020	French	PDF
Micro model	31/12/2018	24/09/2019	05/11/2019	French	PDF
Abridged model	31/12/2017	23/02/2018	19/03/2018	French	PDF
Abridged model	31/12/2016	02/06/2017	09/06/2017	French	PDF
Abridged model	31/12/2015	27/05/2016	09/06/2016	French	PDF
Abridged model	31/12/2014	22/05/2015	02/06/2015	French	PDF
Abridged model	31/12/2013	23/05/2014	16/06/2014	French	PDF
Abridged model	31/12/2012	24/05/2013	24/06/2013	French	PDF
Abridged model	31/12/2011	25/05/2012	27/06/2012	French	PDF
Abridged model	31/12/2010	20/05/2011	08/06/2011	French	PDF
Abridged model	31/12/2009	28/05/2010	11/06/2010	French	PDF
Abridged model	31/12/2008	22/05/2009	19/06/2009	French	PDF
Abridged model	31/12/2007	23/05/2008	06/06/2008	French	PDF
Abridged model	31/12/2006	25/05/2007	19/06/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 30 ended

Active mandates

BUSINESS GLOBAL

Director · since 28 juin 2021 · 0476.768.064

Represented by Fabrice LOUETTE

Active

Michel MERVEILLE

Director · since 24 février 2018

Active

NOSHAQ PARTNERS

Director · since 24 février 2018 · 0808.219.836

Represented by Franz RENSON

Active

Ended mandates

BUSINESS GLOBAL

Director · since 28 juin 2021 · 0476.768.064

Represented by Juan RIZZO DI CARLO

Ended

BUSINESS GLOBAL

Director · since 28 juin 2021 · until 26 février 2027 · 0476.768.064

Represented by Fabrice LOUETTE

Ended

BUSINESS GLOBAL

Director · since 28 juin 2021 · 0476.768.064

Represented by Juan RIZZO DI CARLO

Ended

Alexandre CLERCQ

Director · since 24 février 2018 · until 28 juin 2021

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates30/10/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates07/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates30/10/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates27/03/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates08/07/2022
DEMISSIONS, NOMINATIONS
PDF
Other22/04/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates10/09/2021
DEMISSIONS, NOMINATIONS
PDF
Registered office25/01/2021
SIEGE SOCIAL
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 2025-26,9 k €↓
2024
Annual accounts 2024-1,6 k €↑
2023
Annual accounts 2023-11,3 k €↑
2022
Annual accounts 2022-22 k €↓
2021
Annual accounts 2021-21,8 k €↑
2020
Annual accounts 2020-39,5 k €↓
2019
Annual accounts 2019-22,9 k €↓
2018
Annual accounts 20181,6 k €↑
2017
Annual accounts 2017-46,5 k €↓
2016
Annual accounts 2016621 k €↑
2015
Annual accounts 2015-58,8 k €↑
2014
Annual accounts 2014-76 k €↑
2013
Annual accounts 2013-94 k €↓
2012
Annual accounts 201269,3 k €↓
2011
Annual accounts 201197,3 k €↓
2010
Annual accounts 2010107,7 k €↓
2009
Annual accounts 2009129 k €↓
2008
Annual accounts 2008433,7 k €
29/06/1991
IncorporationPublic limited company

ALPHA FINANCE

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline