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ALFABE

Inactive
KBO/BCE: BE 0704.710.641

ALFABE was declared bankrupt on 20-07-2022 (Ondernemingsrechtbank Gent, afdeling Gent); the bankruptcy was closed by liquidation by judgment of 11-07-2023, published in the Belgian State Gazette on 17-07-2023.

Summary

Inactive; last annual accounts for fiscal year 2019.

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ALFABEInactive
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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 07-12-2021, 494 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filing
Deviation from the deadline
2019
494 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2019 accounts 494 days after the deadline; the Belgian median for financial year 2019 is on the deadline day, and 49% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ALFABE has filed annual accounts once, for fiscal year 2019.1 The company was declared bankrupt on 20 July 2022; the bankruptcy was closed on 11 July 2023.23

  1. 1National Bank, annual accounts 2019
  2. 2Belgian State Gazette, 26-07-2022
  3. 3Belgian State Gazette, 17-07-2023

Financials · fiscal year 2019, micro schema

Turnover
€188,603
EBIT margin
43.4%
Net result
€65,450
Working capital
€109,009

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €136,744
Fixed assets €1,725
Current assets €135,019
Equity and liabilities €136,744
Equity €71,650
Debt €65,094
Debt finances 47.6% of the balance-sheet total.
Key figures and ratios
2019 value
EBITDA
€83,522
Cash flow
€67,155
Current ratio
5.19
ROE
91.3%
ROA
47.9%
Debt ≤ 1 year
€26,010
Income taxes
€16,913
Annual accounts
Filed annual accounts As filed with the NBB · 2019 · 23 lines
Balance sheet Code2019
Assets
Total assets20/58€136,744
Fixed assets21/28€1,725
Tangible fixed assets22/27€1,725
Current assets29/58€135,019
Amounts receivable within one year40/41€131,690
Cash at bank and in hand54/58€3,329
Equity and liabilities
Total equity and liabilities10/49€136,744
Equity10/15€71,650
Contributions10/11€6,200
Profit (loss) carried forward14€65,450
Amounts payable17/49€65,094
Amounts payable within one year42/48€26,010
Trade debts44€8,925
Income statement Code2019
Turnover70€188,603
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,705
Gross operating margin9900€84,583
Operating profit (loss)9901€81,817
Recurring financial income75€636
Recurring financial charges65€90
Profit (loss) for the period before taxes9903€82,363
Income taxes67/77€16,913
Profit (loss) for the period9904€65,450
Profit (loss) for the period to be appropriated9905€65,450
Line2019
Turnover70€188,603
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,705
Gross operating margin9900€84,583
Operating profit (loss)9901€81,817
Recurring financial income75€636
Recurring financial charges65€90
Profit (loss) for the period before taxes9903€82,363
Income taxes67/77€16,913
Profit (loss) for the period9904€65,450
Profit (loss) for the period to be appropriated9905€65,450
Line2019
Assets
Total assets20/58€136,744
Fixed assets21/28€1,725
Tangible fixed assets22/27€1,725
Current assets29/58€135,019
Amounts receivable within one year40/41€131,690
Cash at bank and in hand54/58€3,329
Equity and liabilities
Total equity and liabilities10/49€136,744
Equity10/15€71,650
Contributions10/11€6,200
Profit (loss) carried forward14€65,450
Amounts payable17/49€65,094
Amounts payable within one year42/48€26,010
Trade debts44€8,925
Line2019
Profit (loss) for the period9904€65,450
+ Depreciation and write-downs630€1,705
Operating cash flow (approximation)€67,155

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2023
17-07
Bankruptcy Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Gent · event 11-07-2023
2022
26-07
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 20-07-2022
2021
07-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 494 days late
SignalNBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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

Insolvency mandates

1 mandate
Role Name Tenure
Curator HILDE DE BOEVER
BRUSSELSESTEENWEG 346 C BUS 1, 9090 MELLE
 20-07-2022 → 11-07-2023

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