ALFA HOLDING is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.50M and a net result of €3k. Equity is shrinking by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 51% of 5498 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 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
6 d late
2024
on the day
2023
44 d early
2022
on the day
2021
31 d early
2020
7 d early
2019
on the day
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.50M▲ 0.2%
2024 · €1.49M
2018: €2.79M
2019: €2.79M
2020: €2.79M
2021: €2.79M
2022: €2.79M
2023: €1.49M
2024: €1.49M
2018 → 2025
Net result
€3k▲ 227%
2024 · €804
2018: €205
2019: €71
2020: €348
2021: €232
2022: €1k
2023: €348
2024: €804
2018 → 2025
Total assets
€2.86M=
2024 · €2.86M
2018: €2.85M
2019: €2.85M
2020: €2.85M
2021: €2.85M
2022: €2.86M
2023: €2.86M
2024: €2.86M
2018 → 2025
Solvency
52.3%▲ 0.1pp
2024 · 52.2%
2018: 97.9%
2019: 97.9%
2020: 97.9%
2021: 97.8%
2022: 97.8%
2023: 52.2%
2024: 52.2%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.79M-€2.79M=€1.49M▼ 46.5%€1.49M▲ 0.1%€1.50M▲ 0.2%
Operating result€513-€2k▲ 229%€645▼ 61.8%€1k▲ 84.3%€3k▲ 159%
Net result€232-€1k▲ 499%€348▼ 74.9%€804▲ 131%€3k▲ 227%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 159% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.86M
Fixed assets
€2.85M=
Current assets
€15k▼ 6.4%
Equity and liabilities €2.86M
Equity
€1.50M▲ 0.2%
Debt
€1.36M▼ 0.3%
The debt ratio falls from 47.8% to 47.7%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
52.3%▲
2024 · 52.2%
ROE
0.2%▲
2024 · 0.1%
ROA
0.1%▲
2024 · 0.0%
Debt
€1.36M▼
2024 · €1.37M
Debt ≤ 1 year
€1.36M▼
2024 · €1.37M
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€2.86M€2.86M=
Fixed assets21/28€2.85M€2.85M=
Financial fixed assets28€2.85M€2.85M=
Current assets29/58€16k€15k▼
Amounts receivable within one year40/41€16k€15k▼
Trade receivables40-€15k
Other amounts receivable41€16k€18▼
Cash at bank and in hand54/58€139€57▼
Equity and liabilities
Total equity and liabilities10/49€2.86M€2.86M=
Equity10/15€1.49M€1.50M▲
Contributions10/11€1.50M€1.50M=
Profit (loss) carried forward14€-5k€-3k▲
Amounts payable17/49€1.37M€1.36M▼
Amounts payable within one year42/48€1.37M€1.36M▼
Trade debts44€218€1k▲
Suppliers440/4€218€1k▲
Taxes, remuneration and social security45€0€300▲
Taxes450/3€0€300▲
Other amounts payable47/48€1.37M€1.36M▼
Income statement
Code20242025
Other operating charges640/8€1k€1k▲
Gross operating margin9900€2k€4k▲
Operating profit (loss)9901€1k€3k▲
Financial charges65/66B€384€451▲
Recurring financial charges65€384€451▲
Profit (loss) for the period before taxes9903€804€3k▲
Profit (loss) for the period9904€804€3k▲
Profit (loss) for the period to be appropriated9905€804€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-3k▲
Profit (loss) brought forward from the previous period14P€-6k€-5k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (7 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
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 6 days late
2025
31-12
Financial
Highest result since 2018net €3k ▲227%
Operating result €3k, net result €3k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €71 ▼65.3%
Net result drops to €71, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Tongeren-Borgloon · 1 establishment unit since 2012
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.
Maastrichterstraat 313700 Tongeren-BorgloonGround area
432 m²
Building footprint
168 m²
Volume, LiDAR
1,901 m³
Parcel 73083C0984/00F000, Flanders · tallest building 12.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
ALFA HOLDING BVBA
since 20122.206.269.948
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73083C0984/00F000 | Flanders | 432 m² | 1 · 168 m² | 12.8 m · 4 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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Of 24,726 companies in sector 64210 we hold annual accounts for 19,747. 11,756 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-12-2011
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
68310Real estate agency activities
68311Real estate activities
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.