ALFA DEV
ActiveThe computed 12-month bankruptcy probability of ALFA DEV is 2.4% (moderate). The 2025 annual accounts show equity of €154k and a net result of €94k. Equity is growing by ~113.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 11257 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 22.62 against 4.66 in 2024; short-term debt: 4.4% and cash: 17% of total assets), and 4.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
95.6%
Return on assets
58.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 3 filingsDeviation from the deadline
2025
31 d late
2024
26 d late
2023
29 d late
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€109k
EBIT margin
40.9%
Net result
€94k▲ 127%
2024 · €41k
2023: €14k
2024: €41k
2023 → 2025
Working capital
€153k▲ 156%
2024 · €60k
2023: €18k
2024: €60k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Turnover€109k
Equity€18k-€60k▲ 229%€154k▲ 158%
Operating result€14k-€45k▲ 214%€104k▲ 132%
Net result€14k-€41k▲ 193%€94k▲ 127%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 132% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €161k
Fixed assets
€942
Current assets
€160k
Equity and liabilities €161k
Equity
€154k▲ 158%
Debt
€7k▼ 56.6%
The debt ratio falls from 21.5% to 4.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€104k
Cash flow
€94k
Solvency
95.6%▲
2024 · 78.5%
Current ratio
22.62▲
2024 · 4.66
Quick ratio
7.52▲
2024 · 4.66
Debt / equity
0.05▼
2024 · 0.27
ROE
61.2%▼
2024 · 69.6%
ROA
58.5%▲
2024 · 54.6%
Interest coverage
407.64
Debt
€7k▼
2024 · €16k
Debt ≤ 1 year
€7k▼
2024 · €16k
Income taxes
€9k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€76k€161k▲
Fixed assets21/28-€942
Tangible fixed assets22/27-€942
Furniture and vehicles24-€942
Current assets29/58€76k€160k▲
Stocks and contracts in progress3-€107k
Stocks30/36-€107k
Amounts receivable within one year40/41€2k€26k▲
Trade receivables40-€21k
Other amounts receivable41€2k€4k▲
Cash at bank and in hand54/58€73k€27k▼
Equity and liabilities
Total equity and liabilities10/49€76k€161k▲
Equity10/15€60k€154k▲
Contributions10/11€4k€4k=
Profit (loss) carried forward14€56k€150k▲
Amounts payable17/49€16k€7k▼
Amounts payable within one year42/48€16k€7k▼
Trade debts44€110€5k▲
Suppliers440/4€110€5k▲
Taxes, remuneration and social security45€11k€2k▼
Taxes450/3€11k€2k▼
Remuneration and social security454/9-€39
Other amounts payable47/48€6k-
Income statement
Code20242025
Turnover70€109k-
Goods, raw materials, services and sundry goods60/61€63k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€255
Other operating charges640/8€1k€586▼
Gross operating margin9900€46k€104k▲
Operating profit (loss)9901€45k€104k▲
Financial charges65/66B€100€255▲
Recurring financial charges65€100€255▲
Profit (loss) for the period before taxes9903€45k€103k▲
Income taxes67/77€3k€9k▲
Profit (loss) for the period9904€41k€94k▲
Profit (loss) for the period to be appropriated9905€41k€94k▲
Appropriation of the result
Profit (loss) to be appropriated9906€56k€150k▲
Profit (loss) brought forward from the previous period14P€14k€56k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2023net €94k ▲127%
Operating result €104k, net result €94k, both a record.
31-12
Financial
Liquidity times 5current ratio 22.62
Current ratio from 4.66 to 22.62; short-term debt falls from €16k to €7k.
31-12
Financial
Equity above €150kEq €154k ▲158%
3 profitable years in a row build equity to €154k.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Elsene · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Louizalaan 209A1050 ElseneGround area
480 m²
Building footprint
417 m²
Volume, LiDAR
9,711 m³
Parcel 21807G0120/00H005, Brussels · tallest building 29.8 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
ALFA DEV
since 20232.354.072.511
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0120/00H005 | Brussels | 480 m² | 1 · 417 m² | 29.8 m · 8 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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BE 0819.465.995
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BIA INTERNATIONAL COMPANY
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Auric Trading Company
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Of 6,156 companies in sector 46190 we hold annual accounts for 2,571. 1,927 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-02-2023
Fiscal year end31-12
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
43230Insulation installation
43291Specialised construction activities
43990Other specialised construction activities
43995Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.