ALFA STUC
ActiveSummary
ALFA STUC has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €63k and a net result of €13k. Equity is growing by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 81% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
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
Profitability89▲+5
Solvency100▲+11
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 3.8 against 2.62 in 2024; short-term debt: 21.9% and cash: 1.3% of total assets), and 24.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
75.7%
Return on assets
16%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 10 filingsDeviation from the deadline
2025
24 d late
2024
25 d late
2023
21 d late
2022
30 d late
2021
17 d late
2020
23 d late
2019
27 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€63k▲ 26.8%
2024 · €50k
2018: €58k
2019: €35k
2020: €21k
2021: €32k
2022: €41k
2023: €41k
2024: €50k
2018 → 2025
Total assets
€84k▲ 7.6%
2024 · €78k
2018: €256k
2019: €83k
2020: €71k
2021: €67k
2022: €70k
2023: €95k
2024: €78k
2018 → 2025
Net result
€13k▲ 40.6%
2024 · €10k
2018: €-6k
2019: €-24k
2020: €-14k
2021: €12k
2022: €8k
2023: €-213
2024: €10k
2018 → 2025
Working capital
€51k▲ 31.2%
2024 · €39k
2018: €52k
2019: €28k
2020: €7k
2021: €20k
2022: €26k
2023: €30k
2024: €39k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€32k-€41k▲ 25.6%€41k▼ 0.5%€50k▲ 23.5%€63k▲ 26.8%
Operating result€13k-€12k▼ 13.8%€2k▼ 84.7%€15k▲ 727%€21k▲ 40.6%
Net result€12k-€8k▼ 30.0%€-213€10k€13k▲ 40.6%
Turnover and EBIT margin not published: the 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 41% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €84k
Fixed assets
€14k ▼ 3.1%
Current assets
€70k ▲ 10.0%
Equity and liabilities €84k
Equity
€63k ▲ 26.8%
Debt
€20k ▼ 26.9%
Debt's share of the balance-sheet total falls from 35.7% to 24.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€25k▲
2024 · €17k
Cash flow
€17k▲
2024 · €12k
Current ratio
3.80▲
2024 · 2.62
Debt to equity
0.32▼
2024 · 0.56
ROE
21.1%▲
2024 · 19.0%
ROA
16.0%▲
2024 · 12.2%
Interest coverage
33.57▲
2024 · 14.43
Debt ≤ 1 year
€18k▼
2024 · €24k
Debt > 1 year
€2k▼
2024 · €4k
Income taxes
€7k▲
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€78k€84k▲
Fixed assets21/28€14k€14k▼
Tangible fixed assets22/27€14k€14k▼
Land and buildings22€2k€1k▼
Furniture and vehicles24€2k€4k▲
Other tangible fixed assets26€11k€9k▼
Current assets29/58€63k€70k▲
Amounts receivable after more than one year29€42k€42k=
Other amounts receivable291€42k€42k=
Amounts receivable within one year40/41€14k€26k▲
Trade receivables40€3k-
Other amounts receivable41€11k€26k▲
Cash at bank and in hand54/58€7k€1k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€78k€84k▲
Equity10/15€50k€63k▲
Contributions10/11€17k€17k=
Reserves13€33k€46k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€31k€45k▲
Amounts payable17/49€28k€20k▼
Amounts payable after more than one year17€4k€2k▼
Financial debts170/4€4k€2k▼
Amounts payable within one year42/48€24k€18k▼
Current portion of amounts payable after more than one year42€2k€2k▲
Trade debts44€16k€6k▼
Suppliers440/4€16k€6k▼
Taxes, remuneration and social security45€7k€11k▲
Taxes450/3€7k€11k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€798€780▼
Gross operating margin9900€18k€25k▲
Operating profit (loss)9901€15k€21k▲
Financial income75/76B-€10
Recurring financial income75-€10
Financial charges65/66B€1k€735▼
Recurring financial charges65€1k€735▼
Profit (loss) for the period before taxes9903€14k€20k▲
Income taxes67/77€4k€7k▲
Profit (loss) for the period9904€10k€13k▲
Profit (loss) for the period to be appropriated9905€10k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€13k▲
Transfer to equity691/2€10k€13k▲
To other reserves6921€10k€13k▲
The notes to these accounts (6 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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-12
Financial
Highest result since 2018net €13k ▲40.6%
Operating result €21k, net result €13k, both a record.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
31-12
Financial
Back to profitnet €12k
Net result €12k after 3 loss-making years.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
04-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
2018
08-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 8 days late
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Genk · 1 establishment unit since 2004
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.
Kneippstraat 1203600 GenkGround area
697 m²
Building footprint
107 m²
Volume, LiDAR
1 m³
Parcel 71306G0215/00D145, Flanders · tallest building 0.2 m. Linked by address, not a title deed.
1 establishment unit
Alfa Stuc
since 20042.137.243.560
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71306G0215/00D145 | Flanders | 697 m² | 1 · 107 m² | 0.2 m |
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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MK RENOVATIONS-CONSTRUCT
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Of 4,012 companies in sector 43310 we hold annual accounts for 1,745. 1,527 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded13-10-2006
Fiscal year end31-12
Abbreviation NL
ASP
Activities, NACEBEL 2025
43310Plastering work
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.