Equity
€27,386 from €77,461 in 2008
Equity fell by 65% in 17 years.
ALFA SECURITY
Lifetime
20 annual accounts with figures on one time axis, 32 filings since 1994peak €81,819 (2013)
€13,171▼ 22.7%
lowest -€92,651 (2012)
€7,138▲ 493%
peak €77,461 (2008)
€27,386▲ 35.3%
€24,465▼ 57.0%
peak 3.8 FTE (2009)
-not published
Board2 names since 1993
2 directors and 1 other
Owners
consolidates
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Gross margin from €17,049 to €13,171Result from €1,204 to €7,138Registered office moved to Leuze 12-12Equity from €20,248 to €27,386Debts from €56,854 to €24,465Cash from €1,857 to €0
Key points
from the 2025 annual accountsTurnover
≈ €110,000 estimated
The accounts state no turnover.
Liquidity
2.12 was 1.35 in 2024
Short-term debts fell from €56,854 to €24,465.
Filings
32 annual accounts since 1994
Nine of the last ten came late. The 2020 accounts came latest: 340 days after the end of the period.
Board
1 joined · 1 left
Board changed. Latest change 22-05-2026 · 1 in office.
Position in the sector
€27,386
Less equity than 88% of companies in specialised construction. Sector median €340,327 · 9,285 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,386 companies had the same profile as ALFA SECURITY has now. Each dot stands for 79 companies, two years later.
93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,386 companies, not a prediction for ALFA SECURITY. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Manager, , since 01-01-2026
- consolidatesscore equity €697,047 (2025) · annual accounts 2025
Recent changes
Resignation: (manager and director)
General meeting of 31-12-2025 · Gazette deed
Security firm approval (camera systems) granted
Decision of 17-03-2026, published on 24-04-2026
Security firm approval (alarm systems) granted
Decision of 04-03-2026, published on 24-04-2026
Appointment: (manager and director)
Permanent representative: · General meeting of 31-12-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ALFA SECURITY Eghezée | €51,851 | €13,171 | 52.8% | - |
| Electro Marc Decaluwé Zoersel | €55,943 | €14,594 | 61.3% | - |
| ELEKTRICITEITSWERKEN MELARD Riemst | €47,602 | €13,650 | 43.0% | - |
| A.V.B. ELECTRONICS Temse | €57,730 | €14,763 | 35.1% | - |
| CORCO Antwerp | €53,886 | €14,863 | 55.7% | - |
| ELECLEROY Namur | €69,169 | €15,944 | 83.4% | - |
| Lallemand Electricité Rénovation Gesves | €39,860 | €11,569 | 39.1% | - |
These companies have the same main activity as ALFA SECURITY: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €39,900 and €69,200, founded between 1991 and 2001.
Official details
Source: KBO- Status
- Active since 05-07-1993Normal situation
- Activity
- General electrical installation workNACE 43211
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2021
- Establishment unit
- 2.063.346.3865310 Eghezée, since 02-09-1993
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Insights on ALFA SECURITY
ALFA SECURITY files the abbreviated format. That format states no turnover. The gross margin fell from €37,097 in 2006 to €13,171 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ALFA SECURITY
- What is the company number of ALFA SECURITY?
- The company number of ALFA SECURITY is 0450.538.769. The VAT number is the same number with BE in front: BE 0450.538.769.
- Where is ALFA SECURITY based?
- The registered office is at Route des Six Frères, Leuze 35, 5310 Eghezée.Company details
- What does ALFA SECURITY do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of ALFA SECURITY?
- ALFA SECURITY is a private limited company (BV).
- When was ALFA SECURITY founded?
- ALFA SECURITY was founded on 05-07-1993.
- Is ALFA SECURITY still active?
- Yes, ALFA SECURITY is an active enterprise in the KBO register.
- How many employees does ALFA SECURITY have?
- ALFA SECURITY had an average of 1.7 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- Which joint committee does ALFA SECURITY fall under?
- In its 2021 annual accounts, ALFA SECURITY states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of ALFA SECURITY?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €13,171 and 125 comparable companies (NACE 43211). It probably lies between €64,000 and €210,000. It is a rough estimate. In financial year 2019 turnover was €229,780.
- Is ALFA SECURITY profitable?
- In financial year 2025, ALFA SECURITY made a profit of €7,138.
- Where can I find the annual accounts of ALFA SECURITY?
- ALFA SECURITY filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ALFA SECURITY due?
- ALFA SECURITY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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