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ALEXFLOR

Active
Private limited company (pre-2019)founded 199630 yrs activeRue Joseph Deflandre 160/1, 4053 Chaudfontaine, BelgiumKBO/BCE: BE 0458.816.136
Summary

ALEXFLOR has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €64,111 and a net result of -€1,482. Equity is shrinking by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 35% of 4838 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability37▲+3
Solvency41▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
short-term debt: 0.9% and cash: 0% of total assets, and 83.9% of the assets are financed with debt.
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Signals

Six 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 30 years 0 40 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
16.1%
Return on assets
-0.4%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€1,482
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
25 d late
2023
48 d late
2022
29 d late
2021
57 d late
2020
2 d late
2019
32 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 32 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 18 September 1996, ALEXFLOR was incorporated.1 Total assets went from EUR 113,462 in 2018 to EUR 397,464 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€1,482▲ 74.2%
2023 · -€5,745
Working capital
€393,801▼ 0.4%
2023 · €395,233
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€212-€2,238€1,281-€5,619-€1,355▲ 75.9%
Net result€161within the sector's middle half-€2,353within the sector's middle half€1,172within the sector's middle half-€5,745within the sector's middle half-€1,482within the sector's middle half▲ 74.2%
Equity€72,518within the sector's middle half▲ 0.2%€70,165within the sector's middle half▼ 3.2%€71,337within the sector's middle half▲ 1.7%€65,592within the sector's middle half▼ 8.1%€64,111within the sector's middle half▼ 2.3%
Total assets€102,733below the sector's middle half▼ 2.5%€400,627below the sector's middle half▲ 290%€398,080below the sector's middle half▼ 0.6%€397,370below the sector's middle half▼ 0.2%€397,464below the sector's middle half=
Debt€30,215▼ 8.6%€330,462▲ 994%€326,743▼ 1.1%€331,777▲ 1.5%€333,353▲ 0.5%
Working capital-€30,105within the sector's middle half▲ 0.5%€364,873within the sector's middle half€366,546within the sector's middle half▲ 0.5%€395,233within the sector's middle half▲ 7.8%€393,801within the sector's middle half▼ 0.4%
Solvency70.6%above the sector's middle half▲ 2.0pp17.5%within the sector's middle half▼ 53.1pp17.9%within the sector's middle half▲ 0.4pp16.5%within the sector's middle half▼ 1.4pp16.1%within the sector's middle half▼ 0.4pp
Current ratio0.00below the sector's middle half▼ 0.0811.21above the sector's middle half▲ 11.2012.62above the sector's middle half▲ 1.42
Return on assets (ROA)0.2%within the sector's middle half▲ 20.2pp-0.6%within the sector's middle half▼ 0.7pp0.3%within the sector's middle half▲ 0.9pp-1.4%within the sector's middle half▼ 1.7pp-0.4%within the sector's middle half▲ 1.1pp
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€6,000-€4,000-€2,000€0€2,000Operating result 2020: €212€212Net result 2020: €161€161Operating result 2021: -€2,238-€2,238Net result 2021: -€2,353-€2,353Operating result 2022: €1,281€1,281Net result 2022: €1,172€1,172Operating result 2023: -€5,619-€5,619Net result 2023: -€5,745-€5,745Operating result 2024: -€1,355-€1,355Net result 2024: -€1,482-€1,48220202021202220232024-€6,000-€4,000-€2,000€0€2,000Operating result 2022: €1,281€1,280Net result 2022: €1,172€1,170Operating result 2023: -€5,619-€5,620Net result 2023: -€5,745-€5,750Operating result 2024: -€1,355-€1,350Net result 2024: -€1,482-€1,480202220232024
The operating result stays negative: a loss of €1,355 in 2024 against €5,619 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €397,464
Equity €64,111 ▼ 2.3%
Debt €333,353 ▲ 0.5%
Debt's share of the balance-sheet total rises from 83.5% to 83.9%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
Quick ratio
0.04▲
2023 · 0.02
Debt to equity
5.20▲
2023 · 5.06
ROE
-2.3%▲
2023 · -8.8%
Debt ≤ 1 year
€3,663▲
2023 · €2,137
Debt > 1 year
€329,691=
2023 · €329,641
A ratio outside any meaningful range has been withheld (balance sheet total €397,464, equity €64,111).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,448 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a small loss
1.4% went bankrupt
5.0% stopped otherwise
93% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,448 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€397,370€397,464=
Formation expenses20€0-
Current assets29/58€397,370€397,464=
Stocks and contracts in progress3€397,331€397,331=
Stocks30/36€397,331€397,331=
Amounts receivable within one year40/41€0€91▲
Other amounts receivable41€0€91▲
Cash at bank and in hand54/58€39€42▲
Equity and liabilities
Total equity and liabilities10/49€397,370€397,464=
Equity10/15€65,592€64,111▼
Contributions10/11€18,550€18,550=
Reserves13€45,855€45,855=
Non-distributable reserves130/1€1,855€1,855=
Reserves not available under the articles1311€1,855€1,855=
Distributable reserves133€44,000€44,000=
Profit (loss) carried forward14€1,187-€294▼
Amounts payable17/49€331,777€333,353▲
Amounts payable after more than one year17€329,641€329,691=
Other amounts payable178/9€329,641€329,691=
Amounts payable within one year42/48€2,137€3,663▲
Trade debts44€582€1,299▲
Suppliers440/4€582€1,299▲
Taxes, remuneration and social security45€79€0▼
Taxes450/3€79€0▼
Other amounts payable47/48€1,476€2,363▲
Income statement Code20232024
Goods, raw materials, services and sundry goods60/61€481€713▲
Other operating charges640/8€1,655€642▼
Non-recurring operating charges66A€3,483-
Gross operating margin9900-€481-€713▼
Operating profit (loss)9901-€5,619-€1,355▲
Financial charges65/66B€126€127▲
Recurring financial charges65€126€127▲
Profit (loss) for the period before taxes9903-€5,745-€1,482▲
Profit (loss) for the period9904-€5,745-€1,482▲
Profit (loss) for the period to be appropriated9905-€5,745-€1,482▲
Appropriation of the result
Profit (loss) to be appropriated9906-€3,655-€294▲
Profit (loss) brought forward from the previous period14P€2,090€1,187▼
Transfer from equity791/2€4,842-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Goods, raw materials, services and sundry goods60/61-€1,404€2,239€481€713▲ 48.1%
Other operating charges640/8-€8,394€1,121€1,655€642▼ 61.2%
Non-recurring operating charges66A---€3,483--
Gross operating margin9900€750€6,156€2,402-€481-€713▼ 48.1%
Operating profit (loss)9901€212-€2,238€1,281-€5,619-€1,355▲ 75.9%
Financial charges65/66B-€112€109€126€127▲ 0.5%
Recurring financial charges65€51€112€109€126€127▲ 0.5%
Profit (loss) for the period before taxes9903€161-€2,350€1,172-€5,745-€1,482▲ 74.2%
Income taxes67/77-€4----
Profit (loss) for the period9904€161-€2,353€1,172-€5,745-€1,482▲ 74.2%
Profit (loss) for the period to be appropriated9905€161-€2,353€1,172-€5,745-€1,482▲ 74.2%
Line20202021202220232024Change
Assets
Total assets20/58€102,733€400,627€398,080€397,370€397,464=
Formation expenses20-€0€0€0--
Fixed assets21/28€102,623€0----
Tangible fixed assets22/27€102,623€0----
Land and buildings22-€0----
Current assets29/58€110€400,627€398,080€397,370€397,464=
Stocks and contracts in progress3-€399,108€397,331€397,331€397,331=
Stocks30/36-€399,108€397,331€397,331€397,331=
Amounts receivable within one year40/41-€1,513€408€0€91-
Trade receivables40-€1,513€0---
Other amounts receivable41-€0€408€0€91-
Cash at bank and in hand54/58€110€6€341€39€42▲ 8.3%
Equity and liabilities
Total equity and liabilities10/49€102,733€400,627€398,080€397,370€397,464=
Equity10/15€72,518€70,165€71,337€65,592€64,111▼ 2.3%
Contributions10/11-€18,550€18,550€18,550€18,550=
Reserves13€50,697€50,697€50,697€45,855€45,855=
Non-distributable reserves130/1-€1,855€1,855€1,855€1,855=
Reserves not available under the articles1311-€1,855€1,855€1,855€1,855=
Distributable reserves133-€48,842€48,842€44,000€44,000=
Profit (loss) carried forward14€3,271€918€2,090€1,187-€294▼ 125%
Amounts payable17/49€30,215€330,462€326,743€331,777€333,353▲ 0.5%
Amounts payable after more than one year17-€294,708€295,208€329,641€329,691=
Other amounts payable178/9-€294,708€295,208€329,641€329,691=
Amounts payable within one year42/48€30,215€35,754€31,534€2,137€3,663▲ 71.4%
Trade debts44€2,786€4,204€2,709€582€1,299▲ 123%
Suppliers440/4-€4,204€2,709€582€1,299▲ 123%
Taxes, remuneration and social security45-€0€0€79€0▼ 100%
Taxes450/3-€0€0€79€0▼ 100%
Other amounts payable47/48-€31,549€28,825€1,476€2,363▲ 60.1%
Line20202021202220232024Change
Profit (loss) for the period9904€161-€2,353€1,172-€5,745-€1,482▲ 74.2%
Operating cash flow (approximation)€161-€2,353€1,172-€5,745-€1,482▲ 74.2%
Investment in fixed assets (approximation)-€102,623----
Change in cash--€104€335-€302€3▲ 101%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
25-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 25 days late
2024
17-09
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 48 days late
2023
31-12
Financial Liquidity times 15current ratio 185.97
Current ratio from 12.62 to 185.97; short-term debt falls from €31,534 to €2,137.
29-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 29 days late
2022
31-12
Financial Back to profitnet €1,172
Net result €1,172 after one loss-making year.
26-09
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 57 days late
2021
31-12
Financial Liquidity times 3066current ratio 11.21
Current ratio from 0.00 to 11.21.
02-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 2 days late
2020
31-12
Financial Back to profitnet €161
Net result €161 after 2 loss-making years.
01-09
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 32 days late
2019
31-12
Financial Weakest financial yearnet -€21,136
Net result drops to -€21,136, the lowest in the series; recovery starts the following year.
27-11
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 119 days late
Show earlier events
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
25-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 25 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 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, Chaudfontaine · 1 establishment unit since 1996
seat establishment The establishment unit on the map
Ground area
1,237 m²
Building footprint
367 m²
Volume, LiDAR
2,948 m³
Parcel 62030A0196/00R000, Wallonia · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ALEXFLOR
Rue Joseph Deflandre 160/1, 4053 ChaudfontaineNACE 74142
since 19962.328.646.138
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62030A0196/00R000 Wallonia 1,237 m² 1 · 367 m² 10.4 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. TAURUS IMMO 100%
  2. ALEXFLOR

Highest known parent: TAURUS IMMO. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 9,699 companies in sector 68121 we hold annual accounts for 7,394. 5,175 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded18-09-1996
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0458816136
Also 9925:BE0458816136
Registered 23-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.