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ALFA CONSTRUCT

Active
Private limited companyfounded 2021active for 5 yearsLangestraat 26, 9240 Zele, BelgiumKBO/BCE: BE 0762.926.477
Summary

The computed 12-month bankruptcy probability of ALFA CONSTRUCT is 7.6% (elevated). For ALFA CONSTRUCT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €3,410 and a net result of €2,897. Its solvency ranks better than 74% of 8,815 sector peers (NACE 41, financial year 2023). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of other non-residential buildings
NACE 41003
1 site
Size
€5,426total assets 2023
Equity
€3,410
Profit
€2,897
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
7.6%
2023 figures too old to score
Structure
2024 accounts not filed, 451 days past the deadline3 deeds in the Belgian Official Gazette
Signalsraises risk2 financial years not filed after the legal deadline; last filed accounts filed 58 days late; 2 of the last 3 lateFigures for financial year 2023 (filed 02-10-2024)Size: total assets €5,426Two or more financial years not filed2023 accounts filed 58 days latelowers riskLiquidity: current ratio 2.69, cash €3,587Show the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Strong
Solvency 88+61
equity 62.8% of total assets
Liquidity 83+83
short-term debt 37.2% · cash 66.1%
Profitability 100+58
return on assets 53.4%
Bankruptcy probability, 12 months
7.6% Elevated
0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,433 companies, NACE 41, micro)
Last 24 months 11-2024: 2.3% 12-2024: 2.3%● unchanged vs 11-2024 01-2025: 2.3%● unchanged vs 12-2024 02-2025: 2.3%● unchanged vs 01-2025 03-2025: 2.3%● unchanged vs 02-2025 04-2025: 2.6%▲ +0.3 percentage points vs 03-2025 05-2025: 2.9%▲ +0.3 percentage points vs 04-2025 06-2025: 3.1%▲ +0.2 percentage points vs 05-2025 07-2025: 1.4%▼ -1.7 percentage points vs 06-2025lowest value 08-2025: 1.9%▲ +0.5 percentage points vs 07-2025 09-2025: 2.2%▲ +0.3 percentage points vs 08-2025 10-2025: 2.9%▲ +0.7 percentage points vs 09-2025 11-2025: 3.0%▲ +0.1 percentage points vs 10-2025 12-2025: 3.9%▲ +0.9 percentage points vs 11-2025 01-2026: 5.5%▲ +1.6 percentage points vs 12-2025 02-2026: 5.5%● unchanged vs 01-2026 03-2026: 5.7%▲ +0.2 percentage points vs 02-2026 04-2026: 5.3%▼ -0.4 percentage points vs 03-2026 05-2026: 5.3%● unchanged vs 04-2026 06-2026: 5.2%▼ -0.1 percentage points vs 05-2026 07-2026: 5.2%● unchanged vs 06-2026 08-2026: 6.9%▲ +1.7 percentage points vs 07-2026 09-2026: 6.9%● unchanged vs 08-2026 10-2026: 7.6%▲ +0.7 percentage points vs 09-2026highest value
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Signals

Six signals.
lowers riskraises risk
raises risk · 2 financial years not filed after the legal deadline; last filed accounts filed 58 days late; 2 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2023 (filed 02-10-2024)
NBB · annual accounts
raises risk · Size: total assets €5,426
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.69, cash €3,587
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filings
Position against the passed deadline
31-12-2024 year end31-07-2025 deadline25-10-2026 today
raises risk · 2023 accounts filed 58 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 27-09-2024, 58 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 · 2 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
58 days late
2022
187 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 123 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2023 · micro…
  2. Annual accounts filedfinancial year 2022 · micro…
  3. Liquidity more than doubledcurrent ratio 2.69

Financials · financial year 2023, micro format

2024 annual accounts not yet filed, deadline passed on 31 July 2025 Financial year closed on 31 December 2024; filing due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 25 October 2026.

Equity
€3,410▲ 565%
2022 · €512
Total assets
€5,426▼ 82.0%
2022 · €30,190
Net result
€2,897▲ 465%
2022 · €512
Working capital
€3,410▲ 565%
2022 · €512
Trend over the years

2022 to 2023, 2 financial years

The operating result rises in 2023; 2023 is nearly 7 times 2022.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€3,568 2023 Net result€2,897 2023

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20222023
Operating result€512-€3,568▲ 596%
Net result€512within the sector's middle half-€2,897within the sector's middle half▲ 465%
Equity€512below the sector's middle half-€3,410below the sector's middle half▲ 565%
Total assets€30,190below the sector's middle half-€5,426below the sector's middle half▼ 82.0%
Debt€29,678-€2,017▼ 93.2%
Working capital€512below the sector's middle half-€3,410within the sector's middle half▲ 565%
Solvency1.7%below the sector's middle half-62.8%within the sector's middle half▲ 61.1pp
Current ratio1.02below the sector's middle half-2.69within the sector's middle half▲ 1.67
Return on assets (ROA)1.7%within the sector's middle half-53.4%above the sector's middle half▲ 51.7pp
above within below the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €5,426
Equity €3,410 ▲ 565%
Debt €2,017 ▼ 93.2%
Debt's share of the balance-sheet total falls from 98.3% to 37.2%. Equity is higher and debt is lower.
Key figures and ratios
2023 value · change against 2022
Debt to equity
0.59
ROE
85.0%
Debt ≤ 1 year
€2,017▼
2022 · €29,678
Income taxes
€724
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 32 lines
Balance sheet Code20222023
Assets
Total assets20/58€30,190€5,426▼
Current assets29/58€30,190€5,426▼
Amounts receivable within one year40/41€30,190€1,839▼
Trade receivables40€28,500€149▼
Other amounts receivable41€1,690€1,690=
Cash at bank and in hand54/58-€3,587
Equity and liabilities
Total equity and liabilities10/49€30,190€5,426▼
Equity10/15€512€3,410▲
Reserves13-€3,410
Distributable reserves133-€3,410
Profit (loss) carried forward14€512-
Amounts payable17/49€29,678€2,017▼
Amounts payable within one year42/48€29,678€2,017▼
Trade debts44€9,738€128▼
Suppliers440/4€9,738€128▼
Taxes, remuneration and social security45-€724
Taxes450/3-€724
Other amounts payable47/48€19,940€1,164▼
Income statement Code20222023
Gross operating margin9900€512€3,568▲
Operating profit (loss)9901€512€3,568▲
Financial income75/76B-€74
Recurring financial income75-€74
Financial charges65/66B-€20
Recurring financial charges65-€20
Profit (loss) for the period before taxes9903€512€3,622▲
Income taxes67/77-€724
Profit (loss) for the period9904€512€2,897▲
Profit (loss) for the period to be appropriated9905€512€2,897▲
Appropriation of the result
Profit (loss) to be appropriated9906€512€3,410▲
Profit (loss) brought forward from the previous period14P-€512
Transfer to equity691/2-€3,410
To other reserves6921-€3,410
Line20222023Change
Gross operating margin9900€512€3,568▲ 596%
Operating profit (loss)9901€512€3,568▲ 596%
Financial income75/76B-€74-
Recurring financial income75-€74-
Financial charges65/66B-€20-
Recurring financial charges65-€20-
Profit (loss) for the period before taxes9903€512€3,622▲ 607%
Income taxes67/77-€724-
Profit (loss) for the period9904€512€2,897▲ 465%
Profit (loss) for the period to be appropriated9905€512€2,897▲ 465%
Line20222023Change
Assets
Total assets20/58€30,190€5,426▼ 82.0%
Current assets29/58€30,190€5,426▼ 82.0%
Amounts receivable within one year40/41€30,190€1,839▼ 93.9%
Trade receivables40€28,500€149▼ 99.5%
Other amounts receivable41€1,690€1,690=
Cash at bank and in hand54/58-€3,587-
Equity and liabilities
Total equity and liabilities10/49€30,190€5,426▼ 82.0%
Equity10/15€512€3,410▲ 565%
Reserves13-€3,410-
Distributable reserves133-€3,410-
Profit (loss) carried forward14€512--
Amounts payable17/49€29,678€2,017▼ 93.2%
Amounts payable within one year42/48€29,678€2,017▼ 93.2%
Trade debts44€9,738€128▼ 98.7%
Suppliers440/4€9,738€128▼ 98.7%
Taxes, remuneration and social security45-€724-
Taxes450/3-€724-
Other amounts payable47/48€19,940€1,164▼ 94.2%
Line20222023Change
Profit (loss) for the period9904€512€2,897▲ 465%
Operating cash flow (approximation)€512€2,897▲ 465%

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

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2023 micro format 27-09-2024 2024-00485096
31-12-2022 micro format 03-02-2024 2024-00029266

Similar companies · same sector, comparable size

Of the 2,411 active companies whose main activity is general construction of other non-residential buildings (NACE 41003), figures are known for 1,074. 280 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 4 February 2021, ALFA CONSTRUCT was incorporated as a private limited company.1 The company has filed 2 sets of annual accounts, the latest for financial year 2023.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2023

Acts, filings and financial milestones

2024
27-09
NBB filing Annual accounts filed
financial year 2023 · micro format · 58 days late
03-02
NBB filing Annual accounts filed
financial year 2022 · micro format · 187 days late
2023
31-12
Financial Liquidity more than doubledcurrent ratio 2.69
Current ratio from 1.02 to 2.69; short-term debt falls from €29,678 to €2,017.
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 3 deeds read
About the unread acts

We know of 3 Belgian Official 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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Register details

Identification
Legal formPrivate limited company
Founded04-02-2021
Financial year end31-12
Activities, NACEBEL 2025
41003General construction of other non-residential buildings
41001General construction of residential buildings
43350Other building finishing work
43410Roofing work
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if you send it electronically, you need their agreement on a secure channel. The invoice remains valid; it is the customer, not you, who risks a penalty. FPS Finance

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

Register as of 25 October 2026 · Peppol Directory

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

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0762.926.477

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Zele · 1 establishment unit since 2021
registered office establishment The establishment unit on the map
Ground area
126 m²
Building footprint
107 m²
Building volume
818 m³
Parcel 42402C0001/00C004, Flanders · tallest building 10.6 m. Linked by address, not a title deed.
1 establishment unit
ALFA CONSTRUCT
Langestraat 26, 9240 ZeleGeneral construction of other non-residential buildings
since 2021unit no. 2.319.241.789
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
42402C0001/00C004 Flanders 126 m² 1 · 107 m² 10.6 m · 3
How the parcels are linked
Good to know
The parcel matches the address exactly.