ALFADAK
ActiveThe computed 12-month bankruptcy probability of ALFADAK is 2.1% (moderate). The 2025 annual accounts show equity of €41k and a net result of €1k. Equity is growing by ~41% per year across the filed fiscal years. Its solvency ranks better than 50% of 27787 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability42▼-46
Solvency72▲+12
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.27 against 1.85 in 2024; short-term debt: 42.5% and cash: 0.4% of total assets), but 52.6% 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
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 · 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
47.4%
Return on assets
1.4%
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 31-08-2026, 31 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 · 5 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
141 d late
2022
31 d late
2021
29 d late
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€41k▲ 3.1%
2024 · €40k
2021: €8k
2022: €12k
2023: €23k
2024: €40k
2021 → 2025
Total assets
€86k▼ 22.9%
2024 · €112k
2021: €43k
2022: €91k
2023: €91k
2024: €112k
2021 → 2025
Net result
€1k▼ 92.7%
2024 · €17k
2021: €5k
2022: €5k
2023: €10k
2024: €17k
2021 → 2025
Working capital
€47k▼ 3.3%
2024 · €48k
2021: €9k
2022: €18k
2023: €19k
2024: €48k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€8k-€12k▲ 57.2%€23k▲ 83.3%€40k▲ 74.8%€41k▲ 3.1%
Operating result€7k-€8k▲ 7.0%€15k▲ 93.7%€30k▲ 99.1%€3k▼ 91.5%
Net result€5k-€5k▼ 16.3%€10k▲ 129%€17k▲ 64.5%€1k▼ 92.7%
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 91% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €86k
Fixed assets
€3k▼ 58.3%
Current assets
€83k▼ 20.4%
Equity and liabilities €86k
Equity
€41k▲ 3.1%
Debt
€45k▼ 37.2%
The debt ratio falls from 64.5% to 52.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€7k▼
2024 · €34k
Cash flow
€6k▼
2024 · €21k
Solvency
47.4%▲
2024 · 35.5%
Current ratio
2.27▲
2024 · 1.85
Quick ratio
2.27▲
2024 · 1.85
Debt / equity
1.11▼
2024 · 1.82
ROE
3.0%▼
2024 · 42.8%
ROA
1.4%▼
2024 · 15.2%
Interest coverage
2.62▼
2024 · 17.79
Debt
€45k▼
2024 · €72k
Debt ≤ 1 year
€37k▼
2024 · €56k
Debt > 1 year
€9k▼
2024 · €16k
Income taxes
€2k▼
2024 · €11k
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€112k€86k▼
Fixed assets21/28€7k€3k▼
Tangible fixed assets22/27€7k€3k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€4k€783▼
Current assets29/58€105k€83k▼
Amounts receivable within one year40/41€105k€83k▼
Trade receivables40€45k€31k▼
Other amounts receivable41€60k€53k▼
Cash at bank and in hand54/58€1€332▲
Equity and liabilities
Total equity and liabilities10/49€112k€86k▼
Equity10/15€40k€41k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€37k€38k▲
Amounts payable17/49€72k€45k▼
Amounts payable after more than one year17€16k€9k▼
Financial debts170/4€16k€9k▼
Amounts payable within one year42/48€56k€37k▼
Current portion of amounts payable after more than one year42€6k€7k▲
Trade debts44€28k€14k▼
Suppliers440/4€28k€14k▼
Advances received on contracts in progress46€5k€1k▼
Taxes, remuneration and social security45€16k€13k▼
Taxes450/3€16k€13k▼
Other amounts payable47/48€2k€2k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€3k€1k▼
Gross operating margin9900€37k€8k▼
Operating profit (loss)9901€30k€3k▼
Financial income75/76B€140€3k▲
Recurring financial income75€140€3k▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€28k€3k▼
Income taxes67/77€11k€2k▼
Profit (loss) for the period9904€17k€1k▼
Profit (loss) for the period to be appropriated9905€17k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€37k€38k▲
Profit (loss) brought forward from the previous period14P€20k€37k▲
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €1k ▼92.7%
Net result drops to €1k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2021net €17k ▲64.5%
Operating result €30k, net result €17k, both a record.
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 141 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
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, Westerlo · 1 establishment unit since 2020
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.
Guldensporenlaan 402260 WesterloGround area
985 m²
Building footprint
238 m²
Volume, LiDAR
1,252 m³
2 parcels, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Alfadak
since 20202.316.567.361
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13049B0164/00E000 | Flanders | 837 m² | 1 · 125 m² | 7.9 m · 2 fl. |
| 13049B0784/00N000 | Flanders | 148 m² | 1 · 113 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
2023 · 1 entry · 99 EUR awarded · 99 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 99 EUR | 99 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 8,563 companies in sector 43410 we hold annual accounts for 4,358. 3,586 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-12-2020
Fiscal year end31-12
Activities, NACEBEL
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.