Financials
- Fiscal year
- 2024
- Total assets
- €23,701
- Profit
- €5,183
- Solvency
- 26.0%
Total assets▲ 606%
Net result
20212024
ALFA-DECOR
ActiveSummary
The computed 12-month bankruptcy probability of ALFA-DECOR is 4.4% (elevated). The 2024 annual accounts show equity of €6,169 and a net result of €5,183. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 27% of 36365 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Roofing work
NACE 43410Bricklaying and masonry work NACE 43910
1 site
How big
€23,701total assets 2024
- Equity
- €6,169
- Profit
- €5,183
Turnover not published (abridged schema)
Who decides
Accounts 63 d overdue0 of 3 deeds read
Why 40- Figures for FY 2024 (filed 27-09-2025)- 1 financial year not filed after the legal deadline; latest accounts 56 days late; 1 of the last 3 late- Founded in 2021- Sector Specialised construction activities (NACE 43)Show the evidence
Checked score
Score 2024
40
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 54% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength
Average
Solvency
51
equity 26.0% of total assets
Liquidity
20
short-term debt 74.0% · cash 7.9%
Profitability
92
return on assets 21.9%
Bankruptcy probability, 12 months
4.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
- Figures for FY 2024 (filed 27-09-2025) raises the probability
- 1 financial year not filed after the legal deadline; latest accounts 56 days late; 1 of the last 3 late raises the probability
- Founded in 2021 raises the probability for this profile
- Sector Specialised construction activities (NACE 43) raises the probability
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.27; short-term debt: 74% and cash: 7.9% of total assets), and 74% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 27%, liquidity 11%, profitability 79%, growth against the median 99%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year €6,169
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
56 d late
2023
36 d early
2022
34 d early
2021
38 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 13 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Back to profitnet €5,183
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 7
- Since
- 2022
- 25-09-2025Annual accounts filed
- 31-12-2024Back to profit
- 25-06-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Roofing workNACE 43410
- Founded
- 15-03-2021
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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