Alfapay
ActiveSummary
Alfapay has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €34k and a net result of €-5k. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 72% of 2832 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability7▼-67
Solvency91▼-5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.48 against 2.81 in 2023; short-term debt: 28.9% and cash: 4.6% of total assets), and 33.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
66.5%
Return on assets
-9.4%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
62 d late
2022
29 d late
2021
30 d late
2020
23 d late
2019
67 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€34k▼ 12.4%
2023 · €38k
2018: €32k
2019: €36k
2020: €33k
2021: €34k
2022: €36k
2023: €38k
2018 → 2024
Total assets
€51k▼ 6.7%
2023 · €54k
2018: €112k
2019: €57k
2020: €53k
2021: €48k
2022: €53k
2023: €54k
2018 → 2024
Net result
€-5k
2023 · €2k
2018: €13k
2019: €5k
2020: €-4k
2021: €1k
2022: €2k
2023: €2k
2018 → 2024
Working capital
€22k▼ 20.2%
2023 · €27k
2018: €-30k
2019: €-7k
2020: €2k
2021: €3k
2022: €14k
2023: €27k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€33k-€34k▲ 4.4%€36k▲ 5.3%€38k▲ 6.3%€34k▼ 12.4%
Operating result€-5k-€-2k▲ 60.9%€2k€3k▲ 39.4%€-5k
Net result€-4k-€1k€2k▲ 26.0%€2k▲ 24.8%€-5k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €5k after €3k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €51k
Fixed assets
€14k ▲ 18.0%
Current assets
€36k ▼ 13.8%
Equity and liabilities €51k
Equity
€34k ▼ 12.4%
Debt
€17k ▲ 7.1%
Debt's share of the balance-sheet total rises from 29.2% to 33.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-3k▼
2023 · €13k
Cash flow
€-2k▼
2023 · €13k
Current ratio
2.48▼
2023 · 2.81
Debt to equity
0.50▲
2023 · 0.41
ROE
-14.1%▼
2023 · 5.9%
ROA
-9.4%▼
2023 · 4.2%
Interest coverage
-25.18▼
2023 · 87.98
Debt ≤ 1 year
€15k▼
2023 · €15k
Income taxes
€0▼
2023 · €298
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€54k€51k▼
Fixed assets21/28€12k€14k▲
Intangible fixed assets21€11k€9k▼
Tangible fixed assets22/27€1k€5k▲
Plant, machinery and equipment23-€5k
Furniture and vehicles24€1k€570▼
Current assets29/58€42k€36k▼
Stocks and contracts in progress3€5k€0▼
Stocks30/36€5k€0▼
Amounts receivable within one year40/41€37k€34k▼
Trade receivables40€30k€30k▼
Other amounts receivable41€8k€4k▼
Cash at bank and in hand54/58€33€2k▲
Equity and liabilities
Total equity and liabilities10/49€54k€51k▼
Equity10/15€38k€34k▼
Contributions10/11€19k€19k=
Reserves13€20k€15k▼
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Tax-exempt reserves132€2k-
Distributable reserves133€18k€13k▼
Amounts payable17/49€16k€17k▲
Amounts payable within one year42/48€15k€15k▼
Trade debts44€13k€11k▼
Suppliers440/4€13k€11k▼
Taxes, remuneration and social security45€298€298=
Taxes450/3€298€298=
Other amounts payable47/48€2k€3k▲
Accrued charges and deferred income492/3€850€2k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€3k▼
Other operating charges640/8€532€844▲
Gross operating margin9900€14k€-2k▼
Operating profit (loss)9901€3k€-5k▼
Financial income75/76B-€761
Recurring financial income75-€761
Financial charges65/66B€151€113▼
Recurring financial charges65€151€113▼
Profit (loss) for the period before taxes9903€3k€-5k▼
Income taxes67/77€298€0▼
Profit (loss) for the period9904€2k€-5k▼
Profit (loss) for the period to be appropriated9905€2k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€-5k▼
Transfer from equity791/2-€5k
Transfer to equity691/2€2k€0▼
To other reserves6921€2k€0▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet €-5k ▼309%
Net result drops to €-5k, the lowest in the series.
01-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 62 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 23 days late
2020
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 67 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 57 days late
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 56 days late
2016
27-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 88 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Hasselt · 1 establishment unit since 2012
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.
Bedrijfsstraat 23500 HasseltGround area
1,871 m²
Building footprint
613 m²
Volume, LiDAR
3,798 m³
Parcel 71322A0279/00F002, Flanders · tallest building 16.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Alfapay
since 20122.207.823.334
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71322A0279/00F002 | Flanders | 1,870 m² | 1 · 613 m² | 16.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
QBcle
BE 0736.462.503
Chaumont-Gistoux · Eq €33,711
Musict
BE 1006.974.123
Aalter · Eq €33,752
AMODAMO
BE 0797.635.552
Antwerpen · Eq €33,662
Celes
BE 1016.891.877
Leuven · Eq €33,770
SMART SYMBOLS
BE 0760.447.633
Kortrijk · Eq €33,794
Of 16,884 companies in sector 62100 we hold annual accounts for 8,775. 6,474 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-01-2012
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
46500Wholesale of information and communication equipment
47400Retail sale of information and communication equipment
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.