ALFARES
ActiveSummary
The computed 12-month bankruptcy probability of ALFARES is 4.0% (moderate). The 2025 annual accounts show equity of €54k and a net result of €13k. Its solvency ranks better than 58% of 13417 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability60▼-11
Solvency65▲+1
Growth68
Track record82
Bankruptcy probability, 12 months
4.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.57 against 1.5 in 2024; short-term debt: 59.8% and cash: 62.6% of total assets), but 59.8% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
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
40.2%
Return on assets
9.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 2 filingsDeviation from the deadline
2025
31 d late
2024
31 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
Turnover
€716k▲ 40.3%
2024 · €510k
2024: €510k
2025: €716k▲ +40.3% vs 2024
2024 → 2025
EBIT margin
3.3%▼ 1.0pp
2024 · 4.3%
2024: 4.3%
2025: 3.3%▼ -22.7% vs 2024
2024 → 2025
Net result
€13k▼ 16.1%
2024 · €16k
2024: €16k
2025: €13k▼ -16.1% vs 2024
2024 → 2025
Working capital
€46k▲ 41.1%
2024 · €33k
2024: €33k
2025: €46k▲ +41.1% vs 2024
2024 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Turnover€510k-€716k▲ 40.3%
2024: €510k
2025: €716k▲ +40.3% vs 2024
Equity€41k-€54k▲ 32.7%
2024: €41k
2025: €54k▲ +32.7% vs 2024
Operating result€22k-€24k▲ 8.5%
2024: €22k
2025: €24k▲ +8.5% vs 2024
Net result€16k-€13k▼ 16.1%
2024: €16k
2025: €13k▼ -16.1% 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 rises in 2025; 2025 is 8% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €135k
Fixed assets
€8k ▼ 0.9%
Current assets
€127k ▲ 30.0%
Equity and liabilities €135k
Equity
€54k ▲ 32.7%
Debt
€81k ▲ 24.4%
Debt's share of the balance-sheet total falls from 61.3% to 59.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€27k▲
2024 · €23k
Cash flow
€16k▼
2024 · €17k
Current ratio
1.57▲
2024 · 1.50
Quick ratio
1.49▲
2024 · 1.41
Debt to equity
1.49▼
2024 · 1.59
ROE
24.6%▼
2024 · 39.0%
ROA
9.9%▼
2024 · 15.1%
Interest coverage
4.93▼
2024 · 14.74
Debt ≤ 1 year
€81k▲
2024 · €65k
Income taxes
€5k▲
2024 · €4k
Staff costs
€87k▲
2024 · €37k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Turnover70 | €510k | €716k | ▲ 40.3% |
| Goods, raw materials, services and sundry goods60/61 | €441k | €597k | ▲ 35.5% |
| Remuneration, social security and pensions62 | €37k | €87k | ▲ 136% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €3k | ▲ 183% |
| Other operating charges640/8 | €10k | €5k | ▼ 51.2% |
| Gross operating margin9900 | €70k | €119k | ▲ 70.3% |
| Operating profit (loss)9901 | €22k | €24k | ▲ 8.5% |
| Financial income75/76B | €23 | €9 | ▼ 58.2% |
| Recurring financial income75 | €23 | €9 | ▼ 58.2% |
| Financial charges65/66B | €2k | €5k | ▲ 249% |
| Recurring financial charges65 | €2k | €5k | ▲ 249% |
| Profit (loss) for the period before taxes9903 | €20k | €18k | ▼ 10.0% |
| Income taxes67/77 | €4k | €5k | ▲ 13.3% |
| Profit (loss) for the period9904 | €16k | €13k | ▼ 16.1% |
| Profit (loss) for the period to be appropriated9905 | €16k | €13k | ▼ 16.1% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €106k | €135k | ▲ 27.6% |
| Fixed assets21/28 | €8k | €8k | ▼ 0.9% |
| Tangible fixed assets22/27 | €8k | €8k | ▼ 0.9% |
| Plant, machinery and equipment23 | €3k | €2k | ▼ 22.9% |
| Furniture and vehicles24 | €5k | €6k | ▲ 13.4% |
| Current assets29/58 | €98k | €127k | ▲ 30.0% |
| Stocks and contracts in progress3 | €6k | €7k | ▲ 11.6% |
| Stocks30/36 | €6k | €7k | ▲ 11.6% |
| Amounts receivable within one year40/41 | €3k | €32k | ▲ 1,036% |
| Other amounts receivable41 | €3k | €32k | ▲ 1,036% |
| Cash at bank and in hand54/58 | €89k | €85k | ▼ 4.4% |
| Deferred charges and accrued income490/1 | - | €3k | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €106k | €135k | ▲ 27.6% |
| Equity10/15 | €41k | €54k | ▲ 32.7% |
| Contributions10/11 | €25k | €25k | = |
| Reserves13 | €16k | €29k | ▲ 83.9% |
| Distributable reserves133 | €16k | €29k | ▲ 83.9% |
| Amounts payable17/49 | €65k | €81k | ▲ 24.4% |
| Amounts payable within one year42/48 | €65k | €81k | ▲ 24.4% |
| Trade debts44 | €45k | €14k | ▼ 68.7% |
| Suppliers440/4 | €45k | €14k | ▼ 68.7% |
| Taxes, remuneration and social security45 | €20k | €66k | ▲ 228% |
| Taxes450/3 | €9k | €17k | ▲ 82.9% |
| Remuneration and social security454/9 | €11k | €48k | ▲ 356% |
| Other amounts payable47/48 | - | €1k | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €16k | €13k | ▼ 16.1% |
| + Depreciation and write-downs630 | €1k | €3k | ▲ 183% |
| Operating cash flow (approximation) | €17k | €16k | ▼ 3.6% |
| Investment in fixed assets (approximation) | - | €-3k | - |
| Change in cash | - | €-4k | - |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
NBB filing
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.
Have them read with priority
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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, Liège · 1 establishment unit since 2024
Ground area
90 m²
Building footprint
95 m²
Volume, LiDAR
1,219 m³
Parcel 62063B0722/00B000, Wallonia · tallest building 16.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
LAZEEZ
since 20242.355.153.169
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62063B0722/00B000 ProtectedMonument |
Wallonia | 90 m² | 1 · 95 m² | 16.1 m · 4 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLiège2.355.153.169
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Of 21,861 companies in sector 56112 we hold annual accounts for 9,773. 8,357 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
Founded19-12-2023
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Contact
E-mail
liege.alfares@gmail.com
Scores and ratios are computed by Checked and are not a credit decision.