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ALFALFA

Active
Private limited companyfounded 20206 years activeJan-Pieter Minckelersstraat 48, 3000 Leuven, BelgiumKBO/BCE: BE 0745.358.886
Summary

The computed 12-month bankruptcy probability of ALFALFA is 1.6% (moderate). The 2024 annual accounts show equity of €54,697 and a net result of €21,453. Equity is growing by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 68% of 18,970 sector peers (NACE 56, fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Full-service restaurants
NACE 56111Limited-service restaurants, excluding mobile food services NACE 56112
1 site
Size
€107,618total assets 2024
Equity
€54,697
Profit
€21,453
Turnover not published (abridged schema)
Financial health
58 Fair Checked score 2024
Bankruptcy probability, 12 months
1.6%
Structure
Largest shareholder
DE MELKSNOR · 20%
Accounts 68 days overdue1 of 2 deeds read
Why 58- Figures for FY 2024 (filed 08-05-2025)- Sector Food and beverage service activities (NACE 56)- Founded in 2020+ Liquidity: current ratio 4.64, cash €54,562Show the evidence

Checked score

Score 2024
58 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 82% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Strong
Solvency 76+14
equity 50.8% of total assets
Liquidity 98+17
short-term debt 13.6% · cash 50.7%
Profitability 94+20
return on assets 19.9%
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,693 companies)
Last 24 months 11-2024: 1.6% 12-2024: 1.6%● unchanged vs 11-2024 01-2025: 1.5%▼ -0.1 percentage points vs 12-2024 02-2025: 1.5%● unchanged vs 01-2025 03-2025: 1.5%● unchanged vs 02-2025 04-2025: 1.6%▲ +0.1 percentage points vs 03-2025 05-2025: 1.7%▲ +0.1 percentage points vs 04-2025highest value 06-2025: 0.5%▼ -1.2 percentage points vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.6%▲ +0.1 percentage points vs 04-2026 06-2026: 0.4%▼ -0.2 percentage points vs 05-2026lowest value 07-2026: 0.5%▲ +0.1 percentage points vs 06-2026 08-2026: 0.8%▲ +0.3 percentage points vs 07-2026 09-2026: 1.0%▲ +0.2 percentage points vs 08-2026 10-2026: 1.6%▲ +0.6 percentage points vs 09-2026
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 4.64 against 2.1 in 2023; short-term debt: 13.6% and cash: 50.7% of total assets), and 49.2% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro): better than 68% on solvency, 96% on liquidity, 82% on profitability and 81% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 08-05-2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 4.64, cash €54,562
NBB · annual accounts
raises risk · Sector Food and beverage service activities (NACE 56)
KBO
raises risk · Founded in 2020
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-05-2025, 84 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
84 days early
2023
79 days early
2022
4 days early
2021
17 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 46 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Resignation: Evelien Verboven (director)State Gazette act
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Highest result since 2021net €21,453 ▲415%

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • A director leftlatest change 31-03-2026 · 0 in office 1 left View
  • Total assets 20244 fiscal years filed €107,618 View

By topic

Financials

Fiscal year
2024
Total assets
€107,618
Profit
€21,453
Solvency
50.8%
Total assets▲ 9.9%
Net result
20212024
Go to Financials

Timeline

Events
8
Since
2022
  1. 31-12-2024Liquidity doubles
  2. 13-05-2024Annual accounts filed
  3. 31-12-2023Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Full-service restaurantsNACE 56111
Founded
12-03-2020
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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