ALFA
ActiveSummary
ALFA has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €207,631. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 39% of 154 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability80▲+5
Solvency73▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90,000 at 30 days acceptable
Liquidity ample (current ratio 1.83 against 1.96 in 2024; short-term debt: 47.2% and cash: 33.9% of total assets), but 52.5% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 13
Relative position
BE, all sectors
reference
Manufacture of textiles (NACE 13)
about 62% 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 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
47.5%
Return on assets
8.9%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
2 d early
2023
2 d early
2022
3 d early
2021
10 d late
2021
19 d late
2020
9 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 6 days after the deadline; the sector median for financial year 2024 is 13 days before the deadline, and 32% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#8 company by equity in the province of Antwerp, Textiles sector#8 oldest company in the province of Antwerp, Textiles sector#9 company by total assets in the province of Antwerp, Textiles sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€207,631▲ 91.9%
2024 · €108,201
Working capital
€908,878▼ 3.8%
2024 · €944,975
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€459,763-€84,030▼ 81.7%€141,195▲ 68.0%€120,449▼ 14.7%€270,004▲ 124%
Net result€350,066-€81,698▼ 76.7%€100,193▲ 22.6%€108,201▲ 8.0%€207,631▲ 91.9%
Equity€1.1m-€1.1m=€1.1m=€1.1m=€1.1m=
Total assets€2.6m-€2.2m▼ 14.2%€2.2m▼ 2.1%€2.2m▲ 2.0%€2.3m▲ 5.0%
Debt€1.5m-€1.1m▼ 24.8%€1.1m▼ 4.2%€1.1m▲ 4.1%€1.2m▲ 9.9%
Working capital€953,301-€934,040▼ 2.0%€930,797▼ 0.3%€944,975▲ 1.5%€908,878▼ 3.8%
Staff (FTE)21.1-20.4▼ 3.3%23▲ 12.7%24.4▲ 6.1%21.8▼ 10.7%
Why a figure moved sharply
- 2022 Net result -77% on 2021. The previous fiscal year ran 9 months, this one 12.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 124% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.3m
Fixed assets
€320,751 ▲ 12.3%
Current assets
€2.0m ▲ 3.9%
Equity and liabilities €2.3m
Equity
€1.1m =
Debt
€1.2m ▲ 9.9%
Debt's share of the balance-sheet total rises from 50.1% to 52.5%. Debt is higher.
Key figures and ratios
EBITDA
€372,896▲
2024 · €205,283
Cash flow
€310,523▲
2024 · €193,035
Current ratio
1.83▼
2024 · 1.96
Quick ratio
1.54▼
2024 · 1.70
Debt to equity
1.10▲
2024 · 1.00
ROE
18.8%▲
2024 · 9.8%
ROA
8.9%▲
2024 · 4.9%
Interest coverage
41.33▲
2024 · 24.63
Debt ≤ 1 year
€1.1m▲
2024 · €986,218
Debt > 1 year
€119,044▼
2024 · €124,904
Income taxes
€73,687▲
2024 · €39,034
Staff costs
€1.4m▼
2024 · €1.5m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,082 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.6% |
| 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 74% 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 20,082 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €7,500 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | €914,207 | €1.1m | €1.3m | €1.5m | €1.4m | ▼ 7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €50,760 | €68,895 | €61,826 | €84,834 | €102,892 | ▲ 21.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€6,457 | -€17,809 | -€4,242 | €48,363 | €8,637 | ▼ 82.1% |
| Other operating charges640/8 | €24,434 | €37,297 | €27,652 | €23,607 | €21,526 | ▼ 8.8% |
| Gross operating margin9900 | €1.4m | €1.3m | €1.5m | €1.8m | €1.8m | ▲ 1.1% |
| Operating profit (loss)9901 | €459,763 | €84,030 | €141,195 | €120,449 | €270,004 | ▲ 124% |
| Financial income75/76B | €16,219 | €39,116 | €11,932 | €35,120 | €20,337 | ▼ 42.1% |
| Recurring financial income75 | €16,219 | €39,116 | €11,932 | €35,120 | €20,337 | ▼ 42.1% |
| Financial charges65/66B | €4,879 | €6,711 | €5,489 | €8,334 | €9,022 | ▲ 8.3% |
| Recurring financial charges65 | €4,879 | €6,711 | €5,489 | €8,334 | €9,022 | ▲ 8.3% |
| Profit (loss) for the period before taxes9903 | €471,103 | €116,436 | €147,638 | €147,236 | €281,318 | ▲ 91.1% |
| Income taxes67/77 | €121,037 | €34,738 | €47,445 | €39,034 | €73,687 | ▲ 88.8% |
| Profit (loss) for the period9904 | €350,066 | €81,698 | €100,193 | €108,201 | €207,631 | ▲ 91.9% |
| Profit (loss) for the period to be appropriated9905 | €350,066 | €81,698 | €100,193 | €108,201 | €207,631 | ▲ 91.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.6m | €2.2m | €2.2m | €2.2m | €2.3m | ▲ 5.0% |
| Fixed assets21/28 | €194,381 | €255,315 | €275,762 | €285,590 | €320,751 | ▲ 12.3% |
| Tangible fixed assets22/27 | €189,446 | €252,045 | €272,762 | €282,590 | €317,751 | ▲ 12.4% |
| Plant, machinery and equipment23 | €59,710 | €122,685 | €95,962 | €144,473 | €100,531 | ▼ 30.4% |
| Furniture and vehicles24 | €45,852 | €30,982 | €91,319 | €64,944 | €118,167 | ▲ 82.0% |
| Other tangible fixed assets26 | €83,884 | €98,378 | €85,481 | €73,173 | €99,053 | ▲ 35.4% |
| Financial fixed assets28 | €4,935 | €3,270 | €3,000 | €3,000 | €3,000 | = |
| Current assets29/58 | €2.4m | €2.0m | €1.9m | €1.9m | €2.0m | ▲ 3.9% |
| Stocks and contracts in progress3 | €156,659 | €249,870 | €257,021 | €251,522 | €315,451 | ▲ 25.4% |
| Stocks30/36 | €156,659 | €249,870 | €257,021 | €251,522 | €315,451 | ▲ 25.4% |
| Amounts receivable within one year40/41 | €1.4m | €828,699 | €626,878 | €441,940 | €397,055 | ▼ 10.2% |
| Trade receivables40 | €1.3m | €663,069 | €497,404 | €320,119 | €334,130 | ▲ 4.4% |
| Other amounts receivable41 | €62,082 | €165,630 | €129,474 | €121,821 | €62,925 | ▼ 48.3% |
| Current investments50/53 | - | - | €500,000 | €500,000 | €500,000 | = |
| Cash at bank and in hand54/58 | €811,711 | €885,865 | €513,132 | €729,061 | €787,970 | ▲ 8.1% |
| Deferred charges and accrued income490/1 | €15,414 | - | - | €8,671 | €5,970 | ▼ 31.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.6m | €2.2m | €2.2m | €2.2m | €2.3m | ▲ 5.0% |
| Equity10/15 | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Non-distributable reserves130/1 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Distributable reserves133 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Profit (loss) carried forward14 | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €1.5m | €1.1m | €1.1m | €1.1m | €1.2m | ▲ 9.9% |
| Amounts payable after more than one year17 | €42,374 | €83,950 | €101,101 | €124,904 | €119,044 | ▼ 4.7% |
| Financial debts170/4 | €42,374 | €83,950 | €101,101 | €124,904 | €119,044 | ▼ 4.7% |
| Amounts payable within one year42/48 | €1.4m | €1.0m | €966,234 | €986,218 | €1.1m | ▲ 11.3% |
| Current portion of amounts payable after more than one year42 | €41,409 | €49,346 | €45,122 | €54,500 | €66,796 | ▲ 22.6% |
| Financial debts43 | €2,517 | €25,086 | €25,506 | €17,034 | €16,667 | ▼ 2.2% |
| Credit institutions430/8 | €2,517 | €25,086 | €25,506 | €17,034 | €16,667 | ▼ 2.2% |
| Trade debts44 | €310,179 | €258,580 | €259,470 | €307,910 | €308,610 | ▲ 0.2% |
| Suppliers440/4 | €310,179 | €258,580 | €259,470 | €307,910 | €308,610 | ▲ 0.2% |
| Advances received on contracts in progress46 | €635,980 | €409,605 | €236,375 | €364,602 | €385,673 | ▲ 5.8% |
| Taxes, remuneration and social security45 | €133,299 | €107,397 | €128,975 | €134,172 | €107,030 | ▼ 20.2% |
| Taxes450/3 | €34,700 | €5,043 | €9,232 | €700 | €8,965 | ▲ 1,182% |
| Remuneration and social security454/9 | €98,599 | €102,354 | €119,743 | €133,473 | €98,065 | ▼ 26.5% |
| Other amounts payable47/48 | €316,424 | €180,379 | €270,786 | €108,000 | €212,793 | ▲ 97.0% |
| Accrued charges and deferred income492/3 | - | - | - | - | €4,894 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €350,066 | €81,698 | €100,193 | €108,201 | €207,631 | ▲ 91.9% |
| + Depreciation and write-downs630 | €50,760 | €68,895 | €61,826 | €84,834 | €102,892 | ▲ 21.3% |
| Operating cash flow (approximation) | €400,826 | €150,593 | €162,020 | €193,035 | €310,523 | ▲ 60.9% |
| Investment in fixed assets (approximation) | - | -€129,829 | -€82,274 | -€94,661 | -€138,053 | ▼ 45.8% |
| Change in cash | - | €74,154 | -€372,732 | €215,928 | €58,910 | ▼ 72.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
20-03
State Gazette act
Resignation: VERREZEN Tony (director)Reappointments: RIXON bv (director) and VERREZEN Koen (director) · Permanent representative: VERREZEN Stijn · Capital11 facts ▸
State Gazette act
Resignation: VERREZEN Tony (director)
Reappointments: RIXON bv (director) and VERREZEN Koen (director) · Permanent representative: VERREZEN Stijn · Capital11 facts ▸
- General meeting, 17 maart 2026
- Capital, €62.000
- Director resignation, VERREZEN Tony (director)
- Director reappointment, RIXON bv (director)
- Permanent representative, VERREZEN Stijn
- Director reappointment, VERREZEN Koen (director)
- Mandate compensation, RIXON bv
- Mandate compensation, VERREZEN Koen
- Power of attorney, Katrien Honinckx
- Power of attorney
- Share abolition, 119, 1
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 10 days late
2021
31-12
Financial
Highest result since 2019net €350,066 ▲55%
Operating result €459,763, net result €350,066, both a record.
19-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 19 days late
31-03
Financial
Equity above €1mEq €1.1m ▲27.2%
3 profitable years in a row build equity to €1.1m.
2020
22-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial
Weakest financial yearnet €72,044 ▼13.8%
Net result drops to €72,044, the lowest in the series; recovery starts the following year.
2019
25-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
26-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
16-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 16 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts
Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 directors, last change in 2026
Board 2
RIXON bv
CurrentDirector · since 17-03-2026 · Legal entity · perm. rep.: VERREZEN Stijn
VERREZEN Koen
CurrentDirector · since 17-03-2026
Permanent representatives 1
VERREZEN Stijn
CurrentPermanent representative · since 17-03-2026 · for RIXON bv
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
6 of this company's 7 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Mechelen · 1 establishment unit since 1985
Ground area
3,483 m²
Building footprint
2,101 m²
Volume, LiDAR
10,794 m³
Parcel 12404F0017/00W024, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Battelsesteenweg 334, 2800 Mechelen
since 19852.026.305.650
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12404F0017/00W024 | Flanders | 3,483 m² | 1 · 2,101 m² | 7.0 m · 2 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.
Mandate history
3 people since 2026, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| RIXON bv |
|
| VERREZEN Koen |
|
| Tony Verrezen |
|
Structure & network
Owners and holdings
1 ownerOwners 1
- RIXONparentSourceaccounts RIXON 202599.17%
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
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Capital and shareholders
Capital over the years
- 20-03-2026 Capital stated in the act · 62,000 EUR · 120 shares
Public money · subsidies and aid
Flemish government
2023 to 2025 · 5 entries · 48,528 EUR awarded · 6,800 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 44,539 EUR | 2,952 EUR |
| 2024 | 2 | 3,376 EUR | 3,235 EUR |
| 2023 | 1 | 613 EUR | 613 EUR |
Recognitions · licences · registrations
Recognised contractor
1 categoryALFA NV26586
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Identification & contact
Identification
Legal formPublic limited company
Founded18-12-1984
Fiscal year end31-12
Activities, NACEBEL 2025
13929Manufacture of textiles
25120Manufacture of fabricated metal products, except machinery and equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0426599466
Also
9925:BE0426599466
Registered
16-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.