Equity
€4.2m ▼ 35.8%
ALFAM paid out €1.6m in dividends in a year with a loss of €742,380.
ALFAM
Lifetime
19 annual accounts with figures on one time axis, 28 filings since 1997peak €2.7m (2024)
€286,730previous year 21 months
lowest -€742,380 (2025)
-€742,380previous year 21 months
peak €6.6m (2024)
€4.2m▼ 35.8%
€4.9m▲ 56.6%
peak 2.1 FTE (2013)
0 FTE
Board5 names since 2015
2 directors and 1 other
Documentsfilings and deeds
23-01-202697 days before the deadline
2025abbreviated format
Loss of €742,380Dividend €1.6mEquity from €6.6m to €4.2mDebts from €3.1m to €4.9m
Key points
from the 2025 annual accountsResult
-€742,380 -€742,380
From profit to loss in 2025, after a profit of €1.2m in 2024.
Turnover
≈ €1.4m estimated
The abbreviated format states no turnover.
Debts
€4.9m ▲ 56.6%
Debts rose by €1.8m in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Filings
28 annual accounts since 1997
The last five annual accounts were filed 31 to 101 days before the end of the period.
Position in the sector
-€742,380
Lower net result than 95% of companies in wholesale trade. Sector median €38,114 · 10,729 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 832 companies had the same profile as ALFAM has now. Each dot stands for 3 companies, two years later.
96.5%
were still trading
2.9%
stopped another way
0.6%
went bankrupt
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 832 companies, not a prediction for ALFAM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Chair
Manager,
- 18,328 sharesdeed of 11-01-2018
- 2,037 sharesdeed of 11-01-2018
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0455999869
Permanent representative:
General meeting of 20-12-2023 · Gazette deed
Capital decrease of €107,527.20 to €18,683.27
Capital from €126,210.47 to €18,683.27 · Permanent representatives: and · Appointments: (statutory auditor), (manager), (manager) and ) (manager) · General meeting of 16-12-2017 · Gazette deed
1 director appointed, 2 reappointments
Appointment: · Reappointments: (managing director) and · Permanent representative: · General meeting of 20-11-2015 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ALFAM Wevelgem | €9.1m | €286,730 | 46.1% | 0 |
| HEIDEVINK - BREE Bree | €8.4m | €450,902 | 39.4% | 0 |
| KAJONI Veurne | €4.0m | €209,297 | 41.3% | 0.1 |
| CARHU - INVEST Rotselaar | €5.1m | €227,845 | 88.1% | 0 |
| Findor Dentergem | €6.9m | €469,832 | 49.9% | 0 |
| Pantheon Staden | €8.1m | €204,278 | 10.7% | 0 |
| OUT AT HOME Bruges | €3.3m | €186,924 | 24.7% | 0.2 |
These companies have the same main activity as ALFAM: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €3.3m and €8.4m, founded between 1986 and 2012.
Official details
Source: KBO- Status
- Active since 18-09-1995Normal situation
- Activity
- Agents in non-specialised wholesale tradeNACE 46190and 1 other
- Establishment unit
- 2.073.403.3088560 Wevelgem, since 11-10-1995
- Financial year end
- 30 September
- Peppol
- Reachable since 24-11-2025
Annual accounts to 30-09-2025
- €9.1m▼ 5.9%
- Filing
- Filed on 23-01-2026, 97 days before the end of the filing period
Insights on ALFAM
ALFAM files the abbreviated format. That format states no turnover. The gross margin fell from €743,645 in 2006 to €286,730 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ALFAM
- What is the company number of ALFAM?
- The company number of ALFAM is 0455.999.869. The VAT number is the same number with BE in front: BE 0455.999.869.
- Where is ALFAM based?
- The registered office is at Noordstraat 7, 8560 Wevelgem.Company details
- What does ALFAM do?
- According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
- What is the legal form of ALFAM?
- ALFAM is a private limited company (BV).
- When was ALFAM founded?
- ALFAM was founded on 18-09-1995.
- Is ALFAM still active?
- Yes, ALFAM is an active enterprise in the KBO register.
- What is the turnover of ALFAM?
- The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €286,730 and 139 comparable companies (NACE 46). It probably lies between €910,000 and €2.5m.Financials
- Is ALFAM profitable?
- In financial year 2025, ALFAM made a loss of €742,380.
- Where can I find the annual accounts of ALFAM?
- ALFAM filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ALFAM due?
- ALFAM must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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