Alfapro
ActiveSummary
Alfapro has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16k and a net result of €13k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 37% of 9494 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+46
Solvency64▲+36
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.65 against 0.33 in 2024; short-term debt: 60.5% and cash: 95.4% of total assets), but 60.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
39.5%
Return on assets
33.6%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €16k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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
24 d late
2024
27 d late
2023
19 d late
2022
3 d early
2021
2 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€16k▲ 572%
2024 · €2k
2021: €2k
2022: €-5k▼ -423% vs 2021lowest in 5 years
2023: €12k▲ +347% vs 2022
2024: €2k▼ -80.7% vs 2023
2025: €16k▲ +572% vs 2024highest in 5 years
2021 → 2025
Total assets
€40k▼ 53.2%
2024 · €85k
2021: €39k
2022: €27k▼ -29.4% vs 2021lowest in 5 years
2023: €96k▲ +251% vs 2022highest in 5 years
2024: €85k▼ -11.1% vs 2023
2025: €40k▼ -53.2% vs 2024
2021 → 2025
Net result
€13k
2024 · €-10k
2021: €-1k
2022: €-6k▼ -336% vs 2021
2023: €17k▲ +365% vs 2022highest in 5 years
2024: €-10k▼ -157% vs 2023lowest in 5 years
2025: €13k▲ +237% vs 2024
2021 → 2025
Working capital
€16k
2024 · €-56k
2021: €-8k
2022: €-22k▼ -173% vs 2021
2023: €-57k▼ -161% vs 2022lowest in 5 years
2024: €-56k▲ +1.5% vs 2023
2025: €16k▲ +128% vs 2024highest in 5 years
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2k-€-5k€12k€2k▼ 80.7%€16k▲ 572%
2021: €2k
2022: €-5k▼ -423% vs 2021lowest in 5 years
2023: €12k▲ +347% vs 2022
2024: €2k▼ -80.7% vs 2023
2025: €16k▲ +572% vs 2024highest in 5 years
Operating result€60-€-6k€22k€-10k€16k
2021: €60
2022: €-6k▼ -10603% vs 2021
2023: €22k▲ +447% vs 2022highest in 5 years
2024: €-10k▼ -144% vs 2023lowest in 5 years
2025: €16k▲ +265% vs 2024
Net result€-1k-€-6k▼ 336%€17k€-10k€13k
2021: €-1k
2022: €-6k▼ -336% vs 2021
2023: €17k▲ +365% vs 2022highest in 5 years
2024: €-10k▼ -157% vs 2023lowest in 5 years
2025: €13k▲ +237% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €16k after a loss of €10k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €40k
Equity
€16k ▲ 572%
Debt
€24k ▼ 70.9%
Debt's share of the balance-sheet total falls from 97.2% to 60.5%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.65▲
2024 · 0.33
Debt to equity
1.53▼
2024 · 35.34
ROE
85.1%▲
2024 · -418.6%
ROA
33.6%▲
2024 · -11.5%
Debt ≤ 1 year
€24k▼
2024 · €83k
Income taxes
€2k
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 · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€85k€40k▼
Fixed assets21/28€58k€0▼
Tangible fixed assets22/27€58k€0▼
Land and buildings22€5k€0▼
Plant, machinery and equipment23€2k€0▼
Furniture and vehicles24€52k€0▼
Current assets29/58€27k€40k▲
Amounts receivable within one year40/41€9k-
Trade receivables40€9k-
Cash at bank and in hand54/58€18k€38k▲
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€85k€40k▼
Equity10/15€2k€16k▲
Contributions10/11€3k€3k=
Reserves13€9k€13k▲
Distributable reserves133€9k€13k▲
Profit (loss) carried forward14€-10k-
Amounts payable17/49€83k€24k▼
Amounts payable within one year42/48€83k€24k▼
Trade debts44€5k€470▼
Suppliers440/4€5k€470▼
Taxes, remuneration and social security45€7k€7k▲
Taxes450/3€7k€7k▲
Other amounts payable47/48€71k€17k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k-
Other operating charges640/8€765€849▲
Non-recurring operating charges66A-€14k
Gross operating margin9900€9k€30k▲
Operating profit (loss)9901€-10k€16k▲
Financial income75/76B€0€1▲
Recurring financial income75€0€1▲
Financial charges65/66B€139€188▲
Recurring financial charges65€139€188▲
Profit (loss) for the period before taxes9903€-10k€16k▲
Income taxes67/77-€2k
Profit (loss) for the period9904€-10k€13k▲
Profit (loss) for the period to be appropriated9905€-10k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€4k▲
Profit (loss) brought forward from the previous period14P€0€-10k▼
Transfer to equity691/2-€4k
To other reserves6921-€4k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €25 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €4k | €12k | €18k | - | - |
| Other operating charges640/8 | €1k | €570 | €743 | €765 | €849 | ▲ 11.1% |
| Non-recurring operating charges66A | - | - | - | - | €14k | - |
| Gross operating margin9900 | €3k | €-2k | €35k | €9k | €30k | ▲ 251% |
| Operating profit (loss)9901 | €60 | €-6k | €22k | €-10k | €16k | ▲ 265% |
| Financial income75/76B | - | €9 | - | €0 | €1 | ▲ 1,967% |
| Recurring financial income75 | - | €9 | - | €0 | €1 | ▲ 1,967% |
| Financial charges65/66B | €69 | €142 | €146 | €139 | €188 | ▲ 35.1% |
| Recurring financial charges65 | €69 | €142 | €146 | €139 | €188 | ▲ 35.1% |
| Profit (loss) for the period before taxes9903 | €-8 | €-6k | €22k | €-10k | €16k | ▲ 261% |
| Income taxes67/77 | €1k | - | €5k | - | €2k | - |
| Profit (loss) for the period9904 | €-1k | €-6k | €17k | €-10k | €13k | ▲ 237% |
| Profit (loss) for the period to be appropriated9905 | €-1k | €-6k | €17k | €-10k | €13k | ▲ 237% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €39k | €27k | €96k | €85k | €40k | ▼ 53.2% |
| Fixed assets21/28 | €9k | €17k | €69k | €58k | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €9k | €17k | €69k | €58k | €0 | ▼ 100% |
| Land and buildings22 | - | - | - | €5k | €0 | ▼ 100% |
| Plant, machinery and equipment23 | €4k | €4k | €3k | €2k | €0 | ▼ 100% |
| Furniture and vehicles24 | €6k | €13k | €66k | €52k | €0 | ▼ 100% |
| Current assets29/58 | €29k | €11k | €27k | €27k | €40k | ▲ 46.7% |
| Amounts receivable within one year40/41 | €9k | €7k | €11k | €9k | - | - |
| Trade receivables40 | €8k | €3k | €5k | €9k | - | - |
| Other amounts receivable41 | €1k | €4k | €6k | - | - | - |
| Cash at bank and in hand54/58 | €21k | €4k | €16k | €18k | €38k | ▲ 115% |
| Deferred charges and accrued income490/1 | - | - | - | - | €2k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €39k | €27k | €96k | €85k | €40k | ▼ 53.2% |
| Equity10/15 | €2k | €-5k | €12k | €2k | €16k | ▲ 572% |
| Contributions10/11 | €3k | €3k | €3k | €3k | €3k | = |
| Reserves13 | - | - | €9k | €9k | €13k | ▲ 39.1% |
| Distributable reserves133 | - | - | €9k | €9k | €13k | ▲ 39.1% |
| Profit (loss) carried forward14 | €-1k | €-8k | €0 | €-10k | - | - |
| Amounts payable17/49 | €37k | €32k | €84k | €83k | €24k | ▼ 70.9% |
| Amounts payable within one year42/48 | €37k | €32k | €84k | €83k | €24k | ▼ 70.9% |
| Trade debts44 | €17k | €12k | €3k | €5k | €470 | ▼ 90.4% |
| Suppliers440/4 | €17k | €12k | €3k | €5k | €470 | ▼ 90.4% |
| Taxes, remuneration and social security45 | €2k | €1k | €5k | €7k | €7k | ▲ 5.2% |
| Taxes450/3 | €2k | €1k | €5k | €7k | €7k | ▲ 5.2% |
| Other amounts payable47/48 | €18k | €19k | €76k | €71k | €17k | ▼ 76.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-1k | €-6k | €17k | €-10k | €13k | ▲ 237% |
| + Depreciation and write-downs630 | €2k | €4k | €12k | €18k | - | - |
| Operating cash flow (approximation) | €414 | €-3k | €30k | €8k | €13k | ▲ 72.4% |
| Investment in fixed assets (approximation) | - | €-11k | €-64k | €-7k | €58k | ▲ 936% |
| Change in cash | - | €-17k | €12k | €1k | €20k | ▲ 1,419% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
31-12
Financial
Liquidity times 5current ratio 1.65
Current ratio from 0.33 to 1.65; short-term debt falls from €83k to €24k.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
31-12
Financial
Back to profitnet €17k
Net result €17k after 2 loss-making years.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Zonhoven · 1 establishment unit since 2020
Ground area
1,496 m²
Building footprint
159 m²
Volume, LiDAR
752 m³
Parcel 71444B0679/00S000, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Merelstraat 21, 3520 Zonhoven
since 20202.306.967.430
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71444B0679/00S000 | Flanders | 1,496 m² | 1 · 159 m² | 7.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,546 companies in sector 71121 we hold annual accounts for 6,561. 3,637 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
Scores and ratios are computed by Checked and are not a credit decision.