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ALFASAN INSTALLATIES

Active
Private limited companyfounded 2007active for 19 yearsle Roylaan 38, 2520 Ranst, BelgiumKBO/BCE: BE 0889.359.049
Summary

ALFASAN INSTALLATIES has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €134,251 and a net result of €21,500. Equity has been growing by about 9% per year since 2018. Its solvency ranks better than 95% of 34,946 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 10-05-2007 Normal situation
Activity
Plumbing work NACE 43221and 1 other
Establishment unit
2.163.018.638 2520 Ranst, since 10-05-2007
Financial year end
31 December
Peppol
Reachable since 02-07-2025

Board and ownership

Board
  • Thiam DirkDirector

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€29,498
▲ 232%
Turnover
≈ €160,000
estimated
Profit
€21,500
▲ 294%
Equity
€134,251
▲ 1.6%
Total assets
€140,940
▼ 6.7%
Staff
≈ 0 FTE
estimated
Score breakdownraises riskSize: total assets €140,940lowers riskFounded in 2007Liquidity: current ratio 19.98, cash €24,012Equity €134,251 (95.3% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 68% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 95.3% of total assets
Liquidity 71+10
short-term debt 4.7% · cash 17.0%
Profitability 88+15
return on assets 15.3%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026 09-2026: 0.6%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.1%▼ -0.5 percentage points vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €12,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 19.98 (7.38 in 2024), above the usual 1.5. Short-term debt is 4.7% and cash 17% of total assets. 4.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 43, micro). It does better than 90% of them on solvency, 70% on liquidity, 73% on profitability and 40% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 2007
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 19.98, cash €24,012
NBB · annual accounts
lowers risk · Equity €134,251 (95.3% of total assets)
NBB · annual accounts
raises risk · Size: total assets €140,940
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
43 days early
2024
15 days early
2023
22 days late
2022
10 days late
2021
3 days early
2020
19 days early
2019
45 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 13 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 95% of companies in specialised constructionsector median 46.7% · 34,946 companies 95.3% View

Recent changes

  1. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as ALFASAN INSTALLATIES: plumbing work (NACE 43221). They are comparable in size and age: total assets between €128,000 and €163,000, founded between 2005 and 2008.

CompanyTotal assetsGross margin
ALFASAN INSTALLATIES Ranst€140,940€29,498
Werner Meir Lille€128,106€32,968
SAN-RENO Mortsel€151,225€25,139
HBM Schilde€163,309€31,503
Bogaert Michiel Riemst€147,304€28,151
RONALD PEETERS Zemst€143,350€30,800
THERMCONFORT Yvoir€130,524€29,580
Full comparison

Key facts about ALFASAN INSTALLATIES

What is the company number of ALFASAN INSTALLATIES?
The company number of ALFASAN INSTALLATIES is 0889.359.049. The VAT number is the same number with BE in front: BE 0889.359.049.
Where is ALFASAN INSTALLATIES based?
The registered office is at le Roylaan 38, 2520 Ranst.Company details
What does ALFASAN INSTALLATIES do?
According to the KBO register, the main activity is plumbing work (NACE 43221).
What is the legal form of ALFASAN INSTALLATIES?
The legal form of ALFASAN INSTALLATIES is Private limited company (BV).
When was ALFASAN INSTALLATIES founded?
ALFASAN INSTALLATIES was founded on 10-05-2007.
Is ALFASAN INSTALLATIES still active?
Yes, ALFASAN INSTALLATIES is an active enterprise in the KBO register.
How many employees does ALFASAN INSTALLATIES have?
ALFASAN INSTALLATIES had an average of 0.5 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
What is the turnover of ALFASAN INSTALLATIES?
The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €29,498 and 120 comparable companies (NACE 432). It probably lies between €100,000 and €210,000.
Is ALFASAN INSTALLATIES profitable?
In financial year 2025, ALFASAN INSTALLATIES made a profit of €21,500.
Where can I find the annual accounts of ALFASAN INSTALLATIES?
ALFASAN INSTALLATIES filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ALFASAN INSTALLATIES due?
ALFASAN INSTALLATIES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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