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ALFAGRO

Active
Private limited company·Overige gespecialiseerde bouwactiviteiten, neg· 4 yrs active
Rozendaalstraat 42 ·8690 Alveringem, Belgium
KBO/BCE: BE 0782.976.377
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age4 yrs
Board1
Staff (FTE)3.7

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of ALFAGRO is 2.4% (moderate). The 2024 annual accounts show equity of €238k and a net result of €124k. Equity is growing by ~86% per year across the filed fiscal years. Its solvency ranks better than 48% of 991 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Signals

2 signals · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend
Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

3 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.4% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€124k+70.6%
Working capital€124k-25.8%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 07-07-2025 with the NBB · fiscal year 2024 · verkort
€0€50k€100k€150kOperating result 2022: €24k€24kNet result 2022: €22k€22kOperating result 2023: €93k€93kNet result 2023: €73k€73kOperating result 2024: €168k€168kNet result 2024: €124k€124k202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~86%/year over 3 fiscal years, indicative, assuming unchanged policy.
€0€200k€400k€600k2025: €336k (€317k - €355k)2026: €434k (€415k - €453k)2027: €532k (€513k - €551k)2022: €42k2023: €114k2024: €238k202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 34.0% 35.4%
better than 48% of 991 sector peers
Net result €124k €29k
better than 80% of 990 sector peers
Equity €238k €121k
better than 64% of 991 sector peers
Gross operating margin €455k €171k
better than 73% of 990 sector peers
Staff costs €236k €194k
higher than 56% of 618 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P48
2022: P31 · n=7482023: P35 · n=9002024: P48 · n=9912022 2024
Improving position over 2022-2024 · n=748-991
Net result P80
2022: P45 · n=7462023: P67 · n=9002024: P80 · n=9902022 2024
Improving position over 2022-2024 · n=746-990
Equity P64
2022: P30 · n=7482023: P48 · n=9002024: P64 · n=9912022 2024
Improving position over 2022-2024 · n=748-991
Gross operating margin P73
2022: P25 · n=7472023: P41 · n=8982024: P73 · n=9902022 2024
Improving position over 2022-2024 · n=747-990
Describes the position versus peers, not a forecast.
EBITDA
€216k
+95.2% far above sector median
Net profit
€124k
+70.6% far above sector median
Cash flow
€171k
+91.4% far above sector median
Total assets
€700k
+37.6% far above sector median
Equity
€238k
+108.5% far above sector median
Working capital
€124k
-25.8% far above sector median
Employees (FTE)
4
- +174% vs sector
Staff costs
€236k
+13856.8% far above sector median
Income taxes
€35k
+91.0% far above sector median
Debt
€462k
+17.1% far above sector median
Debt ≤ 1y
€349k
+50.4% far above sector median
Debt > 1y
€113k
-30.5% far above sector median
Current ratio
1.35
-21.2% -35% vs sector
Quick ratio
1.24
-12.9% +14% vs sector
Solvency
34.0%
+51.5% -22% vs sector
Debt / equity
1.94
-43.8% +49% vs sector
ROE
52.0%
-18.2% -22% vs sector
ROA
17.7%
+24.0% -39% vs sector
Interest coverage
22.55
-40.6% -53% vs sector
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€216k
Net profit€124k
Cash flow€171k
Staff costs€236k
Income taxes€35k
Dividends-
Total assets€700k
Equity€238k
Debt€462k
of which ≤ 1y€349k
of which > 1y€113k
Working capital€124k
Employees (FTE)3.7
Ratios (computed)
2024
Current ratio1.35
Quick ratio1.24
Working capital ratio17.6%
Solvency34.0%
Debt / equity1.94
Long-term debt ratio0.47
Interest coverage22.55
Gross margin-
Net margin-
ROA17.7%
ROE52.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€700k
Fixed assets 21/28€227k
Intangible fixed assets 21€55k
Tangible fixed assets 22/27€171k
Financial fixed assets 28€930
Current assets 29/58€473k
Stocks & contracts in progress 3€41k
Amounts receivable within one year 40/41€195k
Cash & bank 54/58€236k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€700k
Equity 10/15€238k
Contributions / capital 10/11€20k
Reserves 13€218k
Amounts payable 17/49€462k
Amounts payable after one year 17€113k
Amounts payable within one year 42/48€349k
Trade debts payable within one year 44€97k
Income statement
Gross operating margin 9900€455k
Operating result 9901€168k
Financial income 75€531
Financial charges 65€10k
Result before taxes 9903€159k
Income taxes 67/77€35k
Net result for the period 9904€124k
Result to be appropriated 9905€124k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
89 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Directors

Directors & mandates

2 directors
Current directors & mandates
  • BV Fagoo ProjectsLegal entity
    Director· perm. rep.: Floris Fagoo
    State Gazette act 22104657 (01-09-2022)
    Current
    07-07-2022 → present
Former directors (1)
  • Floris Fagoo
    Director
    State Gazette act 22104657 (01-09-2022)
    Former
    - → 07-07-2022
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Insolvency mandates

indexing
No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Overige gespecialiseerde bouwactiviteiten, neg(43990)
Legal form Private limited company(610)
Incorporation08-03-2022
StatusActive
Postal code8690

Structure & network

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register
4 companies at this address See who is registered here

Establishment units

1 location
ALFAGRO
Rozendaalstraat 42, 8690 AlveringemBouwrijp maken van terreinen
since 20222.328.630.401
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area5,649 m²
Buildings1
Building footprint162 m²
Volume (LiDAR)896 m³
Tallest building8.5 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
38002C0004/00S000 Flanders 5,649 m² 1 · 162 m² 8.5 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Analysis

Snowflake analysis

financial profile on 5 axes
Health89Profitability100Solvency61Growth78Stability94
84 / 100

Exceptional profile, strong across almost every axis.

Health 89
Profitability 100
Solvency 61
Growth 78
Stability 94

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Overige gespecialiseerde bouwactiviteiten, neg43990Overige gespecialiseerde bouwwerkzaamheden43999Bouw van autowegen en andere wegen42110Bouw van autowegen en andere wegen42110Waterbouw, m.u.v. baggerwerken42919Waterbouw, muv baggerwerken42919Bouwrijp maken van terreinen43120Bouwrijp maken van terreinen43120Installatie van verwarming, klimaatregeling en ventilatie43222Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit43222Groothandel in sanitair46736Groothandel in sanitair46836Detailhandel in sanitaire artikelen en sanitair installatiemateriaal in gespecialiseerde winkels47527Detailhandel in sanitaire artikelen en sanitair installatiemateriaal47527Landschapsverzorging81300Landschapsverzorging81300
Primary activity highlighted.
Names & trade names
Legal nameNL ALFAGRO
Registered office
Rozendaalstraat 42
8690 Alveringem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.