ACTIVE

ALPHA NETWORKS

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Financial year 2024 · closed on 31/12/2024

Net result

512,6 k €

+592.2% YoY

Gross margin

4,7 M €

+11.1% YoY

Equity

-20,5 M €

+2.4% YoY

Workforce

36,6 ETP

-10.1% YoY

What does ALPHA NETWORKS do?

ALPHA NETWORKS is a Public limited company incorporated in 2008. Its registered office is in Braine-l'Alleud. It employs on average 36,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0897.605.732

Incorporation

29/04/2008

Legal form

Public limited company

Registered office

Chaussée de Nivelles 81
1420 Braine-l'Alleud · WallonieSee on map

Contributed capital

14 941 322,32 €

Latest accounts

31/12/2024

Average workforce

36,6 ETP

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 12 financial years

	2024		2023		2022		2021		2018		2017		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	4,7 M €	+11.1%	4,3 M €	+1.9%	4,2 M €	+26.2%	3,3 M €		–		–		–		2,1 M €	+187%	-2,4 M €	+15.4%	-2,9 M €	-163%	-1,1 M €	-283%	-287 k €
EBITDA	1,6 M €	+80.9%	882,3 k €	-0.5%	886,7 k €	+84.5%	480,6 k €	+262%	132,8 k €	-85.2%	896,5 k €	+121%	-4,3 M €	-614%	843,3 k €	+125%	-3,3 M €	+8.1%	-3,6 M €	-152%	-1,4 M €	-109%	-693 k €
Operating result	761 k €	+52.1%	500,4 k €	-14.2%	583,3 k €	+67.1%	349 k €	+258%	-220,6 k €	-139%	572,2 k €	+110%	-5,5 M €	-1504%	-343,3 k €	+92.2%	-4,4 M €	-0.5%	-4,4 M €	-124%	-2 M €	-124%	-871,3 k €
Net result	512,6 k €	+592%	74 k €	-89.4%	696,3 k €	+340%	158,2 k €	+116%	-986,2 k €	-944%	116,8 k €	+101%	-14,3 M €	-472%	-2,5 M €	+42.6%	-4,3 M €	+7.8%	-4,7 M €	-137%	-2 M €	-116%	-920,2 k €
Balance sheet
Equity	-20,5 M €	+2.4%	-21 M €	+0.4%	-21,1 M €	+3.2%	-21,8 M €	-21.2%	-18 M €	-5.2%	-17,1 M €	-20.3%	-14,2 M €	-453%	-2,6 M €	-240%	-756,5 k €	-146%	1,6 M €	+246%	475,8 k €	-58.2%	1,1 M €
Total assets	10,5 M €	+8.5%	9,7 M €	+50.7%	6,4 M €	+201%	2,1 M €	-31.6%	3,1 M €	-17.3%	3,8 M €	+0.7%	3,7 M €	-68.8%	12 M €	+9.1%	11 M €	+24.9%	8,8 M €	+69.5%	5,2 M €	+159%	2 M €
Cash	25,3 k €	-58.0%	60,3 k €	-0.9%	60,9 k €	-48.2%	117,6 k €	+100%	58,7 k €	-77.8%	264,5 k €	+6687%	3,9 k €	-81.8%	21,4 k €	-98.4%	1,3 M €	+95.8%	684,7 k €	+6496%	10,4 k €	-90.3%	107,5 k €
Debts	31 M €	+1.0%	30,7 M €	+11.9%	27,4 M €	+14.6%	23,9 M €	+16.0%	20,6 M €	+6.3%	19,4 M €	+35.3%	14,3 M €	+31.1%	10,9 M €	+23.6%	8,9 M €	+23.8%	7,2 M €	+51.4%	4,7 M €	+442%	872,2 k €
Other
Workforce	36,6 ETP	-10.1%	40,7 ETP	-3.1%	42,0 ETP	+0.2%	41,9 ETP	+2.2%	41,0 ETP	-9.1%	45,1 ETP	+30.0%	34,7 ETP	+63.7%	21,2 ETP	+52.5%	13,9 ETP	-13.7%	16,1 ETP	+94.0%	8,3 ETP	+66.0%	5,0 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 31/12/2024 · 5 active · 73 ended

Active mandates

ACE GROWTH HOLDING V.O.F

Conseil de surveillance · 0723.864.874

Represented by Charles Lorenceau

Active

Jacques Badin

Conseil de surveillance

Active

K.J.B.

Conseil de surveillance · 0468.473.475

Represented by Olivier Badin

Active

QUETZACOALT F.H.U.

Conseil de surveillance

Represented by Frédéric DE VUYST

Active

Victor Badin

Conseil de surveillance

Active

Ended mandates

ACE GROWTH HOLDING Ltd

Director · since 01 juin 2019 · until 06 juillet 2020

Represented by Pierre Festal

Ended

Homer Media

Director · since 01 juin 2019 · until 06 juillet 2020 · 0881.954.088

Represented by Pascal Dormal

Ended

K.J.B.

Director · since 01 juin 2019 · until 06 juillet 2020 · 0468.473.475

Represented by Jacques Badin

Ended

Olivier Badin

Director · since 01 juin 2019 · until 06 juillet 2020

Ended

At this address

Other companies at this address

Company	CBE no.
EOL COORDINATION CENTER● Active	0846.380.824

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/10/2025	25/11/2024	15/12/2023	09/06/2022	11/06/2021	03/09/2020
General meeting	07/10/2025	15/11/2024	10/09/2023	09/06/2022	01/06/2021	31/08/2020
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

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Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	07/10/2025	09/10/2025	French	PDF
Abridged model	31/12/2023	15/11/2024	25/11/2024	French	PDF
Abridged model	31/12/2022	10/09/2023	15/12/2023	French	PDF
Abridged model	31/12/2021	09/06/2022	09/06/2022	French	PDF
Abridged model	31/12/2020	01/06/2021	11/06/2021	French	PDF
Full model	31/12/2019	31/08/2020	03/09/2020	French	PDF
Full model	31/12/2018	03/06/2019	03/09/2019	French	PDF
Full model	31/12/2017	01/06/2018	27/06/2018	French	PDF
Full model	31/12/2016	01/06/2017	28/06/2017	French	PDF
Full modelCorrection	31/12/2015	01/06/2016	26/07/2016	French	PDF
Full model	31/12/2015	01/06/2016	15/06/2016	French	PDF
Full model	31/12/2014	22/06/2015	16/07/2015	French	PDF
Abridged model	31/12/2013	02/06/2014	27/06/2014	French	PDF
Abridged model	31/12/2012	01/06/2013	12/06/2013	French	PDF
Abridged model	31/12/2011	01/06/2012	29/06/2012	French	PDF
Abridged model	31/12/2010	01/06/2011	24/08/2011	French	PDF
Abridged model	31/12/2009	23/11/2010	07/12/2010	French	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 31/12/2024 · 5 active · 73 ended

Active mandates

ACE GROWTH HOLDING V.O.F

Conseil de surveillance · 0723.864.874

Represented by Charles Lorenceau

Active

Jacques Badin

Conseil de surveillance

Active

K.J.B.

Conseil de surveillance · 0468.473.475

Represented by Olivier Badin

Active

QUETZACOALT F.H.U.

Conseil de surveillance

Represented by Frédéric DE VUYST

Active

Victor Badin

Conseil de surveillance

Active

Ended mandates

ACE GROWTH HOLDING Ltd

Director · since 01 juin 2019 · until 06 juillet 2020

Represented by Pierre Festal

Ended

Homer Media

Director · since 01 juin 2019 · until 06 juillet 2020 · 0881.954.088

Represented by Pascal Dormal

Ended

K.J.B.

Director · since 01 juin 2019 · until 06 juillet 2020 · 0468.473.475

Represented by Jacques Badin

Ended

Olivier Badin

Director · since 01 juin 2019 · until 06 juillet 2020

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office30/03/2026
SIEGE SOCIAL
PDF
Mandates25/02/2025
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates01/10/2024
DEMISSIONS, NOMINATIONS
PDF
Other02/07/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates21/03/2024
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates13/06/2023
DEMISSIONS, NOMINATIONS
PDF
Capital / shares12/09/2022
CAPITAL, ACTIONS
PDF
Mandates23/06/2022
DEMISSIONS, NOMINATIONS
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

2024
Annual accounts 2024512,6 k €↑
2023
Annual accounts 202374 k €↓
2022
Annual accounts 2022696,3 k €↑
2021
Annual accounts 2021158,2 k €↑
2018
Annual accounts 2018-986,2 k €↓
2017
Annual accounts 2017116,8 k €↑
2014
Annual accounts 2014-14,3 M €↓
2013
Annual accounts 2013-2,5 M €↑
2012
Annual accounts 2012-4,3 M €↑
2011
Annual accounts 2011-4,7 M €↓
2010
Annual accounts 2010-2 M €↓
2009
Annual accounts 2009-920,2 k €
29/04/2008
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

ALPHA NETWORKS

Overview

What does ALPHA NETWORKS do?

Trend over 12 financial years

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