ACTIVE

ALPA

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

1,5 M €

+203.4% YoY

Gross margin

391 k €

-1.8% YoY

Equity

7,9 M €

+21.5% YoY

Workforce

0,0 ETP

-100.0% YoY

What does ALPA do?

ALPA is a Public limited company incorporated in 1993. Its main activity is: Activities of holding companies. Its registered office is in Ternat.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0449.858.878

Incorporation

31/03/1993

Legal form

Public limited company

Registered office

Sterrelaan 6
1740 Ternat · FlandreSee on map

Contributed capital

69 410,19 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	391 k €	-1.8%	398,1 k €	-0.3%	399,3 k €	+0.5%	397,5 k €	-43.5%	703,8 k €	+12.4%	626,1 k €	-23.7%	820,3 k €	+92.8%	425,4 k €	-18.9%	524,7 k €	+31.0%	400,4 k €	-15.7%	474,7 k €	+122%	213,4 k €	+157%	83,1 k €	-15.4%	98,2 k €	-7.6%	106,2 k €	-9.3%	117,1 k €	+61.5%	72,5 k €	-15.2%	85,6 k €	+43.0%	59,8 k €	-22.8%	77,5 k €
EBITDA	389,3 k €	+4.8%	371,5 k €	+18.3%	314,1 k €	-2.0%	320,4 k €	-48.4%	620,6 k €	+12.3%	552,6 k €	-26.8%	754,8 k €	+78.2%	423,6 k €	-18.9%	522,6 k €	+31.2%	398,3 k €	-15.6%	471,7 k €	+123%	211,3 k €	+164%	80,1 k €	-13.0%	92,1 k €	-11.0%	103,5 k €	-8.1%	112,6 k €	+59.5%	70,6 k €	-15.6%	83,6 k €	+46.8%	57 k €	-24.6%	75,6 k €
Operating result	366,7 k €	+5.3%	348,3 k €	+23.6%	281,9 k €	-2.0%	287,5 k €	-51.3%	590 k €	+8.9%	541,5 k €	-25.8%	730 k €	+78.5%	409,1 k €	-19.5%	507,9 k €	+32.6%	382,9 k €	-14.8%	449,6 k €	+120%	203,9 k €	+192%	69,9 k €	-11.6%	79 k €	-13.4%	91,2 k €	-11.8%	103,5 k €	+73.9%	59,5 k €	-17.8%	72,4 k €	+57.8%	45,9 k €	-31.3%	66,8 k €
Net result	1,5 M €	+203%	495,5 k €	+14.3%	433,7 k €	+149%	173,9 k €	-84.8%	1,1 M €	+32.5%	865 k €	+17.0%	739,4 k €	+44.2%	512,9 k €	-15.0%	603,4 k €	+57.3%	383,6 k €	-5.0%	403,8 k €	+71.5%	235,4 k €	+16.4%	202,2 k €	+47.2%	137,4 k €	+150%	55 k €	-30.6%	79,3 k €	+55.0%	51,2 k €	-34.8%	78,4 k €	-13.6%	90,8 k €	+38.3%	65,7 k €
Balance sheet
Equity	7,9 M €	+21.5%	6,5 M €	+6.2%	6,1 M €	+5.8%	5,8 M €	-0.4%	5,8 M €	+19.4%	4,9 M €	+17.3%	4,2 M €	+17.0%	3,6 M €	+15.0%	3,1 M €	+21.8%	2,5 M €	+17.3%	2,2 M €	+23.6%	1,8 M €	+8.4%	1,6 M €	+14.3%	1,4 M €	+10.8%	1,3 M €	+4.5%	1,2 M €	+7.0%	1,1 M €	+4.7%	1,1 M €	+7.8%	1 M €	+9.9%	920,3 k €
Total assets	10,7 M €	+7.1%	10 M €	-2.3%	10,3 M €	-1.5%	10,4 M €	-5.2%	11 M €	+9.6%	10 M €	+4.4%	9,6 M €	+4.9%	9,2 M €	+103%	4,5 M €	+17.9%	3,8 M €	+9.3%	3,5 M €	+11.1%	3,2 M €	+9.2%	2,9 M €	+7.6%	2,7 M €	+8.1%	2,5 M €	+1.8%	2,4 M €	+0.7%	2,4 M €	+5.3%	2,3 M €	+3.6%	2,2 M €	+1.9%	2,2 M €
Cash	906,9 k €	+146%	369,3 k €	-10.1%	411 k €	-74.9%	1,6 M €	-27.4%	2,3 M €	-5.1%	2,4 M €	+29.8%	1,8 M €	+87.1%	977,6 k €	-61.2%	2,5 M €	+32.3%	1,9 M €	+23.9%	1,5 M €	+24.2%	1,2 M €	+16.4%	1,1 M €	+98.4%	535,1 k €	+1225%	40,4 k €	+53.9%	26,2 k €	-46.7%	49,2 k €	+70.0%	28,9 k €	+41.8%	20,4 k €	+320%	4,9 k €
Debts	2,8 M €	-20.1%	3,5 M €	-15.1%	4,1 M €	-10.9%	4,6 M €	-10.7%	5,1 M €	+0.4%	5,1 M €	-5.6%	5,4 M €	-2.8%	5,6 M €	+304%	1,4 M €	+10.9%	1,2 M €	-3.7%	1,3 M €	-4.7%	1,3 M €	+10.6%	1,2 M €	-4.3%	1,3 M €	+5.2%	1,2 M €	-0.6%	1,2 M €	-4.9%	1,3 M €	+5.8%	1,2 M €	+0.1%	1,2 M €	-3.9%	1,3 M €
Other
Workforce	0,0 ETP	-100%	0,2 ETP	-75.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 35 ended

Active mandates

Aline Marie Petrens

Director · since 17 octobre 2023 · until 17 octobre 2029

Active

KERBO SERVICES BV

Director · since 17 octobre 2023 · until 17 octobre 2029 · 0550.898.929

Represented by Kersten De Bock

Active

Patrick De Bock

Director · since 17 octobre 2023 · until 17 octobre 2029

Active

TIBINT

Director · since 17 octobre 2023 · until 17 octobre 2029 · 0550.899.721

Represented by Stein De Bock

Active

Ended mandates

Aline Petrens

Director · since 30 avril 2020 · until 08 juin 2026

Ended

Aline Petrens

Director · since 30 avril 2020 · until 09 juin 2026

Ended

KERBO SERVICES BV

Director · since 30 avril 2020 · until 08 juin 2026 · 0550.898.929

Represented by Kersten De Bock

Ended

KERBO SERVICES BV

Director · since 30 avril 2020 · until 09 juin 2026 · 0550.898.929

Represented by Kersten De Bock

Ended

Annual accounts

Full financial information

	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	16/06/2026	29/07/2025	09/07/2024	18/07/2023	27/06/2022	22/07/2021
General meeting	04/06/2026	30/06/2025	11/06/2024	30/06/2023	14/06/2022	30/06/2021
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

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	04/06/2026	16/06/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	29/07/2025	Dutch	PDF
Abridged model	31/12/2023	11/06/2024	09/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	18/07/2023	Dutch	PDF
Abridged model	31/12/2021	14/06/2022	27/06/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	22/07/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	31/07/2020	Dutch	PDF
Abridged model	31/12/2018	30/06/2019	30/07/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	23/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	12/07/2017	Dutch	PDF
Abridged model	31/12/2015	14/06/2016	13/07/2016	Dutch	PDF
Abridged modelCorrection	31/12/2014	30/06/2015	25/09/2015	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	24/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	28/07/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	31/07/2013	Dutch	PDF
Abridged model	31/12/2011	12/06/2012	06/07/2012	Dutch	PDF
Abridged model	31/12/2010	14/06/2011	20/06/2011	Dutch	PDF
Abridged model	31/12/2009	08/06/2010	16/06/2010	Dutch	PDF
Abridged model	31/12/2008	09/06/2009	19/06/2009	Dutch	PDF
Abridged model	31/12/2007	10/06/2008	17/06/2008	Dutch	PDF
Abridged model	31/12/2006	12/06/2007	28/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 35 ended

Active mandates

Aline Marie Petrens

Director · since 17 octobre 2023 · until 17 octobre 2029

Active

KERBO SERVICES BV

Director · since 17 octobre 2023 · until 17 octobre 2029 · 0550.898.929

Represented by Kersten De Bock

Active

Patrick De Bock

Director · since 17 octobre 2023 · until 17 octobre 2029

Active

TIBINT

Director · since 17 octobre 2023 · until 17 octobre 2029 · 0550.899.721

Represented by Stein De Bock

Active

Ended mandates

Aline Petrens

Director · since 30 avril 2020 · until 08 juin 2026

Ended

Aline Petrens

Director · since 30 avril 2020 · until 09 juin 2026

Ended

KERBO SERVICES BV

Director · since 30 avril 2020 · until 08 juin 2026 · 0550.898.929

Represented by Kersten De Bock

Ended

KERBO SERVICES BV

Director · since 30 avril 2020 · until 09 juin 2026 · 0550.898.929

Represented by Kersten De Bock

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates23/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/05/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/08/2014
ONTSLAGEN - BENOEMINGEN
PDF
Other13/05/2011
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates28/07/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/03/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/11/2003
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 20251,5 M €↑
2024
Annual accounts 2024495,5 k €↑
2023
Annual accounts 2023433,7 k €↑
2022
Annual accounts 2022173,9 k €↓
2021
Annual accounts 20211,1 M €↑
2020
Annual accounts 2020865 k €↑
2019
Annual accounts 2019739,4 k €↑
2018
Annual accounts 2018512,9 k €↓
2017
Annual accounts 2017603,4 k €↑
2016
Annual accounts 2016383,6 k €↓
2015
Annual accounts 2015403,8 k €↑
2014
Annual accounts 2014235,4 k €↑
2013
Annual accounts 2013202,2 k €↑
2012
Annual accounts 2012137,4 k €↑
2011
Annual accounts 201155 k €↓
2010
Annual accounts 201079,3 k €↑
2009
Annual accounts 200951,2 k €↓
2008
Annual accounts 200878,4 k €↓
2007
Annual accounts 200790,8 k €↑
2006
Annual accounts 200665,7 k €
31/03/1993
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ALPA

Overview

What does ALPA do?

Trend over 20 financial years

Indicative valuation

Board of directors

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