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ALFA BELGIUM

Active
Public limited companyfounded 1982active for 43 yearsNijverheidskaai 2, 9040 Gent, BelgiumKBO/BCE: BE 0423.387.182

From the official registers: KBO 42 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

ALFA BELGIUM has been active since 1982 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of -€10,312. Equity has been growing by about 7% per year since 2018. Its solvency ranks better than 80% of 5,036 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

KBO
Status
Active since 05-11-1982 Normal situation
Activity
Retail sale of other household articles NACE 47559and 2 others
Establishment unit
2.021.583.829 9040 Gent, since 02-01-1983
Financial year end
31 December
Peppol
Reachable since 13-08-2025

Board and ownership

Board
  • ALFA BISManaging director · permanent representative Peggy Vanwelden

Financial position

92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€572,714
▲ 46.6%
Turnover
≈ €3.0m
estimated
Loss
€10,312
▲ 22.0%
Equity
€1.1m
▼ 1.0%
Total assets
€1.6m
▼ 0.7%
Staff
5.4 FTE
▲ 22.7%
Filed on 31-07-2026, on timeat the National Bank
Score breakdownraises riskSector: Retail trade (NACE 47)Loss of €10,312, the second in a row (financial year 2025)lowers riskFounded in 1982Liquidity: current ratio 3.09, cash €170,588Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 51% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency 93=
equity 68.0% of total assets
Liquidity 51+1
short-term debt 29.7% · cash 10.9%
Profitability 44-11
return on assets -0.7%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,270 companies, NACE 47, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 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 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025highest value 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged 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: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €95,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.09 (3.21 in 2024), above the usual 1.5. Short-term debt is 29.7% and cash 10.9% of total assets. 32% of the assets are financed with debt and provisions.
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 47, micro). It does better than 79% of them on solvency, 56% on liquidity, 33% on profitability and 36% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

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

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1982
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 3.09, cash €170,588
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Loss of €10,312, the second in a row (financial year 2025)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
14 days early
2023
19 days early
2022
7 days late
2021
16 days early
2020
21 days early
2019
15 days early
← 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 11 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 17 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 80% of companies in retail tradesector median 36.1% · 5,036 companies 68.0% View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€10,312 View

Comparable companies

These companies have the same main activity as ALFA BELGIUM: retail sale of other household articles (NACE 47559). They are comparable in size and age: total assets between €841,000 and €2.8m, founded between 1985 and 2005.

CompanyTotal assetsGross margin
ALFA BELGIUM Gent€1.6m€0.6m
BRUMATEX Kapellen€1.0m€1.0m
Kerstbrugge Brugge€2.8m€0.7m
ETABLISSEMENTS DEBRY Sombreffe€1.1m€0.4m
XL - KEUKENS Genk€2.1m€0.5m
T. DECO Izegem€0.8m€0.4m
BEVEILIGINGSSPECIALIST Beveren-Kruibeke-Zwijndrecht€1.2m€0.6m
Full comparison

Documents

Annual accounts at the NBB

All 42 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about ALFA BELGIUM

What is the company number of ALFA BELGIUM?
The company number of ALFA BELGIUM is 0423.387.182. The VAT number is the same number with BE in front: BE 0423.387.182.
Where is ALFA BELGIUM based?
The registered office is at Nijverheidskaai 2, 9040 Gent.Company details
What does ALFA BELGIUM do?
According to the KBO register, the main activity is retail sale of other household articles (NACE 47559).
What is the legal form of ALFA BELGIUM?
The legal form of ALFA BELGIUM is Public limited company (NV).
When was ALFA BELGIUM founded?
ALFA BELGIUM was founded on 05-11-1982.
Is ALFA BELGIUM still active?
Yes, ALFA BELGIUM is an active enterprise in the KBO register.
How many employees does ALFA BELGIUM have?
ALFA BELGIUM had an average of 5.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of ALFA BELGIUM?
The turnover in financial year 2025 is ≈ €3.0m. This figure is estimated from the gross margin of €572,714 and 34 comparable companies (NACE 475). It probably lies between €2.1m and €4.5m.
Is ALFA BELGIUM profitable?
In financial year 2025, ALFA BELGIUM made a loss of €10,312.
Where can I find the annual accounts of ALFA BELGIUM?
ALFA BELGIUM filed 42 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of ALFA BELGIUM due?
ALFA BELGIUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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