Equity
€1.0m ▲ 11.2%
ALAAF has made a profit without a break since 2018.
ALAAF
Lifetime
20 annual accounts with figures on one time axis, 33 filings since 1993peak €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 directorsVANPARIJS Luc 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 accountsResult
€101,908 ▲ 118%
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
Green is investment, beige is depreciation.
Filings
33 annual accounts since 1993
Seven of the last ten came late. The 2024 accounts came latest: 83 days after the end of the period.
Position in the sector
€1.0m
More equity than 95% of companies in other professional activities. Sector median €41,099 · 4,360 companies.
Checked score
95
Excellent
Financially stronger than 61% of small companies in other professional activities (NACE 74)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 188 companies (NACE 74, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.3%▲ +0.1 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.4%▲ +0.1 percentage points vs 09-2025highest value
11-2025: 0.1%▼ -0.3 percentage points vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.2%▲ +0.1 percentage points vs 06-2026
08-2026: 0.3%▲ +0.1 percentage points vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.1%▼ -0.2 percentage points vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 54 days late; 3 of the last 3 accounts late
lowers risk
Size: total assets €2.2m
Founded in 1992
Sector: Other professional, scientific and technical activities (NACE 74)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 74, small). It does better than 48% of them on solvency, 69% on liquidity, 63% on profitability and 63% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 14,766 companies had the same profile as ALAAF has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ALAAF itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 14,766 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
Credit of up to €95,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 11.18 (12.99 in 2024), above the usual 1.5. Short-term debt is 4.5% and cash 8.6% of total assets. However, 53.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 54 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-09-2026, 54 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
54 days late
2024
83 days late
2023
74 days late
2022
71 days late
2021
30 days late
2020
31 days late
2019
28 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 53 days after the deadline. In the sector (NACE 74), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 10 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0447019154
Legal-form change · Resignations & appointments
Resignations: VANPARIJS Luc (manager) and VANPARIJS Paul (manager) · Reappointment: VANPARIJS Luc (director) · General meeting of 16-10-2023 · Gazette deed
Appointment: Joris Anne-Maria (director)
General meeting of 16-10-2020 · Gazette deed
First establishment
Kortrijkstraat 154, Lubbeek
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
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 879 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
Next steps
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