ACTIVE

ALPHA KEY

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Financial year 2025 · Closed on 31/12/2025

Net result343,2 k €-0,1 %over 1 year
Gross margin2 M €-3,0 %over 1 year
Equity1,2 M €+39,7 %over 1 year
Workforce14,2 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

ALPHA KEY is a Public limited company incorporated in 2014. Its main activity is: Management consultancy activities. Its registered office is in Etterbeek. It employs on average 14,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0507.659.495
Incorporation
22/12/2014
Legal form
Public limited company
Registered office
Avenue de Tervueren 43
1040 Etterbeek · BruxellesSee on map
Contributed capital
364 000,00 €
Latest accounts
31/12/2025
Average workforce
14,2 ETP
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 11 filings

Trend over 7 financial years

20252024202320202019
Income statement
Gross margin2 M €2 M €1,5 M €1,9 M €1,5 M €
EBITDA544,4 k €485,9 k €189,9 k €-47,7 k €97,9 k €
Operating result490,1 k €441,8 k €149,6 k €-63,3 k €97,5 k €
Net result343,2 k €343,4 k €101,4 k €-69,4 k €203,4 k €
Balance sheet
Equity1,2 M €865,5 k €722,1 k €313,4 k €382,8 k €
Total assets1,6 M €1,5 M €1,3 M €968 k €1,1 M €
Cash25 k €814,8 k €39,5 k €468 k €708,1 k €
Debts408,5 k €626,3 k €563,5 k €654,7 k €714,1 k €
Other
Workforce14,2 ETP14,2 ETP12,4 ETP16,0 ETP13,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 13 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
GUY SAVOIR
Director19/12/2014 → 30/06/2028
ALAIN BRAIVE
Director22/08/2024 → 30/06/2027
SECUREX VIE0422.900.402Represented by PIERRE PRINCEN
Director19/10/2020 → 30/06/2026
Ernst et Young Reviseurs d'Entreprises0446.334.711Represented by CHRISTEL WEYMEERSCH (IRE A 01705)
Registered auditor26/06/2023 → 30/06/2026

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
FILIP BAPTIST
Director23/06/2022 → 2023 accounts
SERGE WIBAUT
Director10/10/2019 → 2024 accounts
Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises0429.053.863Represented by YVES DEHOGNE (IRE A02045)
Registered auditor01/01/2020 → 2020 accounts

Other companies at this address

Avenue de Tervueren 43 1040 Etterbeek
CompanyCBE no.
CHATEAU LE DOCTE● Active
0840.049.494
Conservatoriumplein 21-22● Active
1032.021.897
CONTROLE MEDICAL SECUREX - MEDISCHE CONTROLE SECUREX● Active
0462.522.922
COURS SAINT-MICHEL 30● Active
0740.596.780
ERNEST 11● Active
0677.886.973
Fondation Securex● Active
0871.543.515
Groep Securex - Groupe Securex● Active
0419.678.319
HAPPY GENERATION PROPERTY● Active
0476.661.067
HIVE5 GROUP● Active
0734.716.404
Montoyer 39● Active
0768.947.605
Prince de Liège 95-99● Active
0831.877.146
Secrétariat Social Securex - Sociaal Sekretariaat Securex - Sozial Sekretariate für Arbeitgeber Securex● Active
0401.086.981
SECUREX CONSULT● Active
0459.865.914
Securex Corporate● Active
0713.996.709
Securex HR Venture Foundation● Active
1031.223.826
Securex ICT● Active
0406.633.007
Securex Immo● Active
0807.230.040
SECUREX INTEGRITY, CAISSE LIBRE D'ASSURANCES SOCIALES POUR TRAVAILLEURS INDEPENDANTS - SECUREX INTEGRITY, VRIJ SOCIAAL VERZEKERINGSFONDS VOOR ZELFSTANDIGEN● Active
0409.861.127
SECUREX INTERNATIONAL● Active
0877.510.104
SECUREX INVEST● Active
0427.248.376

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/06/202630/06/202512/07/202411/07/202323/06/202224/06/2021
General meeting25/06/202626/06/202527/06/202429/06/202323/06/202222/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 11 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202525/06/202630/06/2026FrenchPDF
Abridged model31/12/202426/06/202530/06/2025FrenchPDF
Abridged model31/12/202327/06/202412/07/2024FrenchPDF
Abridged model31/12/202229/06/202311/07/2023FrenchPDF
Abridged model31/12/202123/06/202223/06/2022FrenchPDF
Abridged model31/12/202022/06/202124/06/2021FrenchPDF
Abridged model31/12/201923/06/202029/06/2020FrenchPDF
Abridged model31/12/201804/06/201905/06/2019FrenchPDF
Abridged model31/12/201719/04/201807/05/2018FrenchPDF
Abridged model31/12/201625/04/201716/05/2017FrenchPDF
Full model31/12/201521/04/201609/05/2016FrenchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 13 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
GUY SAVOIR
Director19/12/2014 → 30/06/2028
ALAIN BRAIVE
Director22/08/2024 → 30/06/2027
SECUREX VIE0422.900.402Represented by PIERRE PRINCEN
Director19/10/2020 → 30/06/2026
Ernst et Young Reviseurs d'Entreprises0446.334.711Represented by CHRISTEL WEYMEERSCH (IRE A 01705)
Registered auditor26/06/2023 → 30/06/2026

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
FILIP BAPTIST
Director23/06/2022 → 2023 accounts
SERGE WIBAUT
Director10/10/2019 → 2024 accounts
Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises0429.053.863Represented by YVES DEHOGNE (IRE A02045)
Registered auditor01/01/2020 → 2020 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates29/09/2026
    NOMINATIONS
    PDF
  • Mandates17/10/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/08/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates20/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates31/08/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/03/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/11/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Other17/02/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings7 filings
Mandates
GUY SAVOIR
ALAIN BRAIVE
SECUREX VIE
Ernst et Young Reviseurs d'Entreprises
FILIP BAPTIST
SERGE WIBAUT
Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises
PIERRE GOFFIN
REYNALD JACOBS
FRANCIS AMPE
GSV CONSULT
PG CONSULT
201420152016201720182019202020212022202320242025202620272028
ALPHA KEY
Avenue de Tervueren 43, 1040 Etterbeek
Director
Director
Director
Registered auditor
Director
Director
Director
Vice-chairman of the board of directors
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Avenue de Tervueren 43, 1040 EtterbeekCurrent
accounts 2023 → 2025
Accounts 2025 · 2026-00237127

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
ALPHA KEYCurrent
accounts 2015 → 2025
Accounts 2025 · 2026-00237127

Events

  1. 2025
    Annual accounts 2025343,2 k €↓
  2. 2024
    Annual accounts 2024343,4 k €↑
  3. 2023
    Annual accounts 2023101,4 k €↑
  4. 2020
    Annual accounts 2020-69,4 k €↓
  5. 2019
    Annual accounts 2019203,4 k €↑
  6. 2018
    Annual accounts 2018158,4 k €↑
  7. 2015
    Annual accounts 2015-26,8 k €
  8. 22/12/2014
    IncorporationPublic limited company