AL.F.A.
ActiveSummary
AL.F.A. has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31k and a net result of €23k. Equity is growing by ~29.1% per year across the filed fiscal years. Its solvency ranks better than 30% of 3121 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+14
Solvency39▼-22
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.46 against 3.51 in 2024; short-term debt: 66.7% and cash: 27.6% of total assets), and 86.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
13.7%
Return on assets
10.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-08-2026, 22 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
22 d late
2024
3 d early
2023
26 d late
2022
30 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€31k▼ 41.3%
2024 · €53k
2022: €23k
2023: €35k
2024: €53k
2022 → 2025
Total assets
€226k▲ 54.1%
2024 · €147k
2022: €49k
2023: €174k
2024: €147k
2022 → 2025
Net result
€23k▲ 30.8%
2024 · €18k
2022: €-2k
2023: €12k
2024: €18k
2022 → 2025
Working capital
€70k▼ 29.8%
2024 · €99k
2022: €23k
2023: €89k
2024: €99k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€23k-€35k▲ 53.6%€53k▲ 50.5%€31k▼ 41.3%
Operating result€-2k-€18k€22k▲ 22.8%€35k▲ 58.5%
Net result€-2k-€12k€18k▲ 44.6%€23k▲ 30.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 59% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €226k
Fixed assets
€6k ▼ 27.9%
Current assets
€221k ▲ 58.7%
Equity and liabilities €226k
Equity
€31k ▼ 41.3%
Debt
€195k ▲ 108%
Debt's share of the balance-sheet total rises from 64.1% to 86.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€38k▲
2024 · €25k
Cash flow
€25k▲
2024 · €20k
Current ratio
1.46▼
2024 · 3.51
Quick ratio
1.02▼
2024 · 1.71
Debt to equity
6.31▲
2024 · 1.78
ROE
74.8%▲
2024 · 33.5%
ROA
10.2%▼
2024 · 12.0%
Interest coverage
11.76▲
2024 · -11.98
Debt ≤ 1 year
€151k▲
2024 · €40k
Debt > 1 year
€45k▼
2024 · €55k
Income taxes
€9k▲
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€147k€226k▲
Fixed assets21/28€8k€6k▼
Tangible fixed assets22/27€8k€6k▼
Furniture and vehicles24€8k€6k▼
Current assets29/58€139k€221k▲
Stocks and contracts in progress3€71k€66k▼
Stocks30/36€71k€66k▼
Amounts receivable within one year40/41€27k€92k▲
Trade receivables40€27k€92k▲
Cash at bank and in hand54/58€41k€63k▲
Equity and liabilities
Total equity and liabilities10/49€147k€226k▲
Equity10/15€53k€31k▼
Contributions10/11€25k€25k=
Profit (loss) carried forward14€28k€6k▼
Amounts payable17/49€94k€195k▲
Amounts payable after more than one year17€55k€45k▼
Other amounts payable178/9€55k€45k▼
Amounts payable within one year42/48€40k€151k▲
Trade debts44€11k€21k▲
Suppliers440/4€11k€21k▲
Advances received on contracts in progress46€18k€50k▲
Taxes, remuneration and social security45€8k€18k▲
Taxes450/3€7k€17k▲
Remuneration and social security454/9€850€850=
Other amounts payable47/48€4k€62k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8€793€1k▲
Gross operating margin9900€25k€39k▲
Operating profit (loss)9901€22k€35k▲
Financial income75/76B€38€16▼
Recurring financial income75€38€16▼
Financial charges65/66B€-2k€3k▲
Recurring financial charges65€-2k€3k▲
Profit (loss) for the period before taxes9903€24k€32k▲
Income taxes67/77€7k€9k▲
Profit (loss) for the period9904€18k€23k▲
Profit (loss) for the period to be appropriated9905€18k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€28k€51k▲
Profit (loss) brought forward from the previous period14P€10k€28k▲
Profit to be distributed694/7-€45k
Return on contributions (dividend)694-€45k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 22 days late
2025
31-12
Financial
Highest result since 2022net €23k ▲30.8%
Operating result €35k, net result €23k, both a record.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Havelange · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Coru(F) 15370 HavelangeGround area
6,111 m²
Building footprint
409 m²
Parcel 91048B0097/00M000, Wallonia. Linked by address, not a title deed.
1 establishment unit
AL.F.A.
since 20222.337.910.925
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91048B0097/00M000 | Wallonia | 6,111 m² | 1 · 409 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHavelange2.337.910.925
Similar companies · same sector, comparable size
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Sombreffe · Eq €30,063
AGRICAMPAGNETTE
BE 0518.962.074
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SIMON WG
BE 1023.407.606
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AGRI-ELEVAGE
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Of 5,167 companies in sector 01110 we hold annual accounts for 612. 320 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-10-2022
Fiscal year end31-12
Activities, NACEBEL 2025
01110Growing of cereals (except rice), leguminous crops and oil seeds
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.