NORMAL SITUATION

ALPHA WORKS

Export PDF
Financial year 2025 · closed on 30/09/2025
Net result
738,7 k €
-16.4% YoY
Gross margin
1,2 M €
-6.9% YoY
Equity
1,8 M €
+56.3% YoY
Workforce
1,4 ETP
-73.1% YoY

Company — Normal situation.

What does ALPHA WORKS do?

ALPHA WORKS is a company registered in Belgium. It employs on average 1,4 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0846.301.244
Legal form
Private limited company
Contributed capital
18 600,00 €
Latest accounts
30/09/2025
Average workforce
1,4 ETP
Joint committees (3)
  • 124
  • 12400
  • 20000
Signals
ProfitableSolid equityGood 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 12 financial years

202520242023202220212019201820172016201520142013
Income statement
Gross margin1,2 M €1,3 M €1,3 M €1,5 M €998,8 k €764,6 k €571,4 k €322,3 k €345 k €326,3 k €93,1 k €114,7 k €
EBITDA1 M €961 k €938,5 k €1,1 M €734,3 k €534,7 k €392,9 k €219,6 k €219,7 k €203,8 k €43,9 k €95,4 k €
Operating result1 M €895,1 k €877 k €1,1 M €691 k €481 k €343,1 k €182,7 k €169,6 k €166,9 k €22,8 k €63,4 k €
Net result738,7 k €883,8 k €851,4 k €957,5 k €641,5 k €344,8 k €220,8 k €116,2 k €107,4 k €105,4 k €12,1 k €39,8 k €
Balance sheet
Equity1,8 M €1,1 M €1,1 M €973,5 k €515,9 k €533,1 k €188,3 k €117,6 k €108,3 k €100,9 k €70,5 k €51,8 k €
Total assets2,3 M €2,7 M €2,9 M €2,6 M €1,2 M €840,4 k €696,1 k €497,5 k €534,7 k €419 k €225,5 k €180,2 k €
Cash2,1 M €1,3 M €1,5 M €1,4 M €958,4 k €486,4 k €473,2 k €321,7 k €244,7 k €294,5 k €115 k €51,8 k €
Debts501,6 k €1,6 M €1,8 M €1,7 M €724,4 k €305,7 k €506,9 k €379,9 k €406,2 k €318,1 k €155 k €128,4 k €
Other
Workforce1,4 ETP5,2 ETP6,2 ETP6,2 ETP5,3 ETP4,1 ETP3,1 ETP1,6 ETP2,0 ETP1,9 ETP0,6 ETP–
Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 7 ended

Active mandates

SPIRIT

Director · since 02 juillet 2020 · 0749.532.658

Represented by OPBROUCK GAËTAN

Active
NELE DECAVEL

Director · since 10 mai 2012

Active

Ended mandates

AT.construction

Director · since 01 septembre 2020 · 0753.449.280

Represented by OPBROUCK GWENNY

Ended
SPIRIT

Director · since 02 juillet 2020 · 0749.532.658

Represented by OPBROUCK GAËTAN

Ended
Gwenny Opbrouck

Manager · since 13 octobre 2014

Ended
GWENNY OPBROUCK

Director · since 13 octobre 2014 · until 01 septembre 2020

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date05/01/202624/03/202520/03/202407/04/202305/04/202226/03/2021
General meeting25/11/202508/03/202509/03/202411/03/202301/04/202213/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202525/11/202505/01/2026DutchPDF
Abridged model30/09/202408/03/202524/03/2025DutchPDF
Abridged model30/09/202309/03/202420/03/2024DutchPDF
Abridged model30/09/202211/03/202307/04/2023DutchPDF
Abridged model30/09/202101/04/202205/04/2022DutchPDF
Abridged model30/09/202013/03/202126/03/2021DutchPDF
Abridged model30/09/201914/03/202020/03/2020DutchPDF
Abridged model30/09/201830/03/201930/04/2019DutchPDF
Abridged model30/09/201731/03/201825/04/2018DutchPDF
Abridged model30/09/201624/03/201729/03/2017DutchPDF
Abridged model30/09/201512/03/201621/03/2016DutchPDF
Abridged model30/09/201414/03/201524/03/2015DutchPDF
Abridged model30/09/201308/03/201424/03/2014DutchPDF
Estimate

Indicative valuation

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 30/09/2025 · 2 active · 7 ended

Active mandates

SPIRIT

Director · since 02 juillet 2020 · 0749.532.658

Represented by OPBROUCK GAËTAN

Active
NELE DECAVEL

Director · since 10 mai 2012

Active

Ended mandates

AT.construction

Director · since 01 septembre 2020 · 0753.449.280

Represented by OPBROUCK GWENNY

Ended
SPIRIT

Director · since 02 juillet 2020 · 0749.532.658

Represented by OPBROUCK GAËTAN

Ended
Gwenny Opbrouck

Manager · since 13 octobre 2014

Ended
GWENNY OPBROUCK

Director · since 13 octobre 2014 · until 01 septembre 2020

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution10/04/2026
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    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

Timeline

  1. 2025
    Annual accounts 2025738,7 k €↓
  2. 2024
    Annual accounts 2024883,8 k €↑
  3. 2023
    Annual accounts 2023851,4 k €↓
  4. 2022
    Annual accounts 2022957,5 k €↑
  5. 2021
    Annual accounts 2021641,5 k €↑
  6. 2019
    Annual accounts 2019344,8 k €↑
  7. 2018
    Annual accounts 2018220,8 k €↑
  8. 2017
    Annual accounts 2017116,2 k €↑
  9. 2016
    Annual accounts 2016107,4 k €↑
  10. 2015
    Annual accounts 2015105,4 k €↑
  11. 2014
    Annual accounts 201412,1 k €↓
  12. 2013
    Annual accounts 201339,8 k €