ALFA Vastgoed
ActiveALFA Vastgoed has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €103k and a net result of €16k. Equity is growing by ~52.2% per year across the filed fiscal years. Its solvency ranks better than 76% of 14009 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-18
Solvency92▼-3
Growth78=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.16 against 2.91 in 2024; short-term debt: 33.3% and cash: 47.5% of total assets), and 33.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
66.7%
Return on assets
10.3%
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 20-08-2026, 20 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
20 d late
2024
45 d early
2023
42 d early
← 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
Equity
€103k▲ 18.2%
2024 · €87k
2023: €12k
2024: €87k
2023 → 2025
Total assets
€154k▲ 23.3%
2024 · €125k
2023: €42k
2024: €125k
2023 → 2025
Net result
€16k▼ 78.9%
2024 · €75k
2023: €9k
2024: €75k
2023 → 2025
Working capital
€59k▼ 17.9%
2024 · €72k
2023: €-398
2024: €72k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€12k-€87k▲ 626%€103k▲ 18.2%
Operating result€12k-€101k▲ 730%€21k▼ 79.0%
Net result€9k-€75k▲ 735%€16k▼ 78.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 79% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €154k
Fixed assets
€43k▲ 198%
Current assets
€111k▲ 0.3%
Equity and liabilities €154k
Equity
€103k▲ 18.2%
Debt
€51k▲ 35.0%
The debt ratio rises from 30.4% to 33.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€30k▼
2024 · €103k
Cash flow
€25k▼
2024 · €77k
Solvency
66.7%▼
2024 · 69.6%
Current ratio
2.16▼
2024 · 2.91
Quick ratio
2.16▼
2024 · 2.91
Debt / equity
0.50▲
2024 · 0.44
ROE
15.4%▼
2024 · 86.2%
ROA
10.3%▼
2024 · 60.0%
Interest coverage
430.49▼
2024 · 958.28
Debt
€51k▲
2024 · €38k
Debt ≤ 1 year
€51k▲
2024 · €38k
Income taxes
€6k▼
2024 · €26k
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€125k€154k▲
Fixed assets21/28€14k€43k▲
Intangible fixed assets21€10k€9k▼
Tangible fixed assets22/27€4k€34k▲
Furniture and vehicles24€4k€34k▲
Current assets29/58€110k€111k▲
Amounts receivable within one year40/41€12k€14k▲
Trade receivables40€12k€13k▲
Other amounts receivable41-€2k
Current investments50/53-€23k
Cash at bank and in hand54/58€99k€73k▼
Equity and liabilities
Total equity and liabilities10/49€125k€154k▲
Equity10/15€87k€103k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€84k€100k▲
Amounts payable17/49€38k€51k▲
Amounts payable within one year42/48€38k€51k▲
Trade debts44€524€293▼
Suppliers440/4€524€293▼
Taxes, remuneration and social security45€30k€34k▲
Taxes450/3€30k€34k▲
Other amounts payable47/48€7k€17k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€9k▲
Other operating charges640/8€387€400▲
Gross operating margin9900€104k€31k▼
Operating profit (loss)9901€101k€21k▼
Financial income75/76B€51€695▲
Recurring financial income75€51€695▲
Financial charges65/66B€108€70▼
Recurring financial charges65€108€70▼
Profit (loss) for the period before taxes9903€101k€22k▼
Income taxes67/77€26k€6k▼
Profit (loss) for the period9904€75k€16k▼
Profit (loss) for the period to be appropriated9905€75k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€84k€100k▲
Profit (loss) brought forward from the previous period14P€9k€84k▲
The notes to these accounts (9 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
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
31-12
Financial
Equity above €100kEq €103k ▲18.2%
3 profitable years in a row build equity to €103k.
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2023net €75k ▲735%
Operating result €101k, net result €75k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.91
Current ratio from 0.99 to 2.91.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
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, Herent · 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.
Rijweg 863020 HerentGround area
1,467 m²
Building footprint
168 m²
Volume, LiDAR
794 m³
Parcel 24423I0162/00R000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ALFA Vastgoed
since 20232.342.589.887
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24423I0162/00R000 | Flanders | 1,467 m² | 1 · 168 m² | 8.0 m · 2 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 113 EUR awarded · 113 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 113 EUR | 113 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,748 companies in sector 68310 we hold annual accounts for 6,906. 5,186 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-02-2023
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
68121Development of residential building projects
68322Real estate appraisal on a fee or contract basis
82990Other business support services
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.