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ALAAF

Active Private limited companyfounded 1992active for 34 yearsKortrijkstraat 154, 3210 LubbeekKBO/BCE: BE 0447.019.154

Lifetime

20 annual accounts with figures on one time axis, 33 filings since 1993
peak €256,485 (2025)
€256,485▲ 47.7%
lowest -€15,300 (2017)
€101,908▲ 118%
peak €1.0m (2025)
€1.0m▲ 11.2%
€1.1m▼ 4.5%
peak 0.9 FTE (2019)
-not published
Board3 names since 2017
2 directors and 1 other
Documentsfilings and deeds
23-09-202654 days late
2025micro format
Gross margin from €173,602 to €256,485Result from €46,832 to €101,908Cash from €101,168 to €188,229

Key points

from the 2025 annual accounts

Equity

€1.0m ▲ 11.2%

ALAAF has made a profit without a break since 2018.

Result

€101,908 ▲ 118%
€46,8002024€102,0002025

The result rose in 2025 from €46,832 to €101,908.

Turnover

≈ €510,000 estimated

The accounts state no turnover.

Investments

€6,057 0.1 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Filings

33 annual accounts since 1993
AprilJune31 JulyOctober200020102020

Seven of the last ten came late. The 2024 accounts came latest: 83 days after the end of the period.

Position in the sector

€101,908

Higher net result than 95% of companies in other professional activities. Sector median €9,105 · 4,555 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 14,768 companies had the same profile as ALAAF has now. Each dot stands for 37 companies, two years later.

96.1%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 14,768 companies, not a prediction for ALAAF. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director
  • 426 sharesdeed of 19-04-2017
  • 426 sharesdeed of 19-04-2017
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0447019154
Legal-form change · Resignations & appointments Resignations: (manager) and (manager) · Reappointment: (director) · General meeting of 16-10-2023 · Gazette deed
Appointment: (director) General meeting of 16-10-2020 · Gazette deed
Capital decrease of €159,300 to €309,866.91 Capital from €469,166.91 to €309,866.91 · General meeting of 28-12-2018 · Gazette deed
All 46 events

Comparable companies

same main activity, similar in size and age
Company
ALAAF Lubbeek €2.2m €256,485 46.6% -
IDEST COMMUNICATION Brussels €2.2m €156,077 56.2% 2
DICTON Mouscron €2.2m €484,351 28.2% 6.2
MASTERVOICE Temse €1.7m €412,662 68.4% 1.9
LEXICON Lubbeek €1.2m €337,295 17.9% 3.3
BD CONSULT Overijse €1.7m €96,092 38.5% -
Trusted Capital Woluwe-Saint-Pierre €2.4m €335,054 22.2% -

These companies have the same main activity as ALAAF: translation services (NACE 74301). They are comparable in size and age: total assets between €1.2m and €2.4m, founded between 1990 and 2007.

Official details

Source: KBO
Status
Active since 01-04-1992Normal situation
Activity
Translation servicesNACE 74301and 1 other
Establishment unit
2.057.058.7093210 Lubbeek, since 15-04-1992
Financial year end
31 December
Peppol
Reachable since 08-12-2025
Company details

Annual accounts 2025

€2.2m▲ 2.1%
Filing
Filed on 23-09-2026
Financials

Insights on ALAAF

ALAAF files the micro format. That format states no turnover. The gross margin rose from €170,052 in 2006 to €256,485 in 2025.

The balance sheet grew most from 2016 to 2018 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ALAAF

What is the company number of ALAAF?
The company number of ALAAF is 0447.019.154. The VAT number is the same number with BE in front: BE 0447.019.154.
Where is ALAAF based?
The registered office is at Kortrijkstraat 154, 3210 Lubbeek.Company details
What does ALAAF do?
According to the KBO register, the main activity is translation services (NACE 74301).
What is the legal form of ALAAF?
ALAAF is a private limited company (BV).
When was ALAAF founded?
ALAAF was founded on 01-04-1992.
Is ALAAF still active?
Yes, ALAAF is an active enterprise in the KBO register.
How many employees does ALAAF have?
ALAAF had an average of 0.7 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
What is the turnover of ALAAF?
The turnover in financial year 2025 is ≈ €510,000. This figure is estimated from the gross margin of €256,485 and 875 comparable companies of the same size. It probably lies between €360,000 and €750,000. It is a rough estimate.
Is ALAAF profitable?
In financial year 2025, ALAAF made a profit of €101,908.
Where can I find the annual accounts of ALAAF?
ALAAF filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ALAAF due?
ALAAF must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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