ALFAST
Open bankruptcyA bankruptcy procedure is open for ALFAST according to publications in the Belgian State Gazette; curator: MATTHIAS GESQUIERE.
Summary
The 2025 annual accounts show negative equity (-€6,405) and a net result of -€14,771.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Ghent division
- Declared bankrupt
- 20 January 2026
- Supervising judge
- Toon Sorgeloos
- Official Gazette
- 27-01-2026 (pdf) ↗search the document for 2026/103264
Deadlines
- Provisional date payments stopped
- 16 January 2026Payments and security you received since that day can in some cases be challenged by the curator. A later judgment can change the date.art. XX.105, XX.111 and XX.112 CEL
- Appeal or third-party opposition until
- passed on 11 February 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 19 February 2026art. XX.104 and XX.155 CEL
- First verification report
- passed on 24 February 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- 20 January 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Matthias GesquiereMaaltemeers 84, 9051 1 Gent (Sint-Denijs-Westrem)m.gesquiere@portelio.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€6,405
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 14-01-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
333 d late
2023
699 d late
2022
1064 d late
2021
2 d late
2020
2 d late
2019
16 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 295 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€6,405
2024 · €8,367
Total assets
€3,687▼ 83.8%
2024 · €22,801
Net result
-€14,771
2024 · €5,190
Working capital
-€6,794
2024 · €7,289
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€1,981€3,822▲ 93.0%-€552€25,448€2,087▼ 91.8%
Net result€982€2,397▲ 144%-€874€5,190-€14,771
Equity€1,655▲ 146%€4,051▲ 145%€3,177▼ 21.6%€8,367▲ 163%-€6,405
Total assets€4,505▲ 132%€8,859▲ 96.6%€7,039▼ 20.5%€22,801▲ 224%€3,687▼ 83.8%
Debt€2,850▲ 125%€4,808▲ 68.7%€3,862▼ 19.7%€14,434▲ 274%€10,092▼ 30.1%
Working capital€1,581▲ 201%€3,390▲ 114%€1,404▼ 58.6%€7,289▲ 419%-€6,794
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 92% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3,687
Fixed assets
€589 ▼ 54.9%
Current assets
€3,098 ▼ 85.6%
Key figures and ratios
EBITDA
€2,805▼
2024 · €26,172
Cash flow
-€14,053▼
2024 · €5,914
Interest coverage
33.00▼
2024 · 147.83
Debt ≤ 1 year
€9,892▼
2024 · €14,204
Income taxes
€16,773▼
2024 · €20,082
Ratios withheld: a balance sheet total of €3,687 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €74 | €80 | €550 | €724 | €718 | ▼ 0.8% |
| Other operating charges640/8 | - | €529 | €1,938 | €578 | €679 | ▲ 17.5% |
| Gross operating margin9900 | €2,535 | €4,430 | €1,936 | €26,750 | €3,484 | ▼ 87.0% |
| Operating profit (loss)9901 | €1,981 | €3,822 | -€552 | €25,448 | €2,087 | ▼ 91.8% |
| Financial income75/76B | - | - | €0 | - | - | - |
| Recurring financial income75 | - | - | €0 | - | - | - |
| Financial charges65/66B | - | €295 | €323 | €177 | €85 | ▼ 52.0% |
| Recurring financial charges65 | €998 | €295 | €323 | €177 | €85 | ▼ 52.0% |
| Profit (loss) for the period before taxes9903 | €982 | €3,527 | -€874 | €25,271 | €2,002 | ▼ 92.1% |
| Income taxes67/77 | - | €1,130 | - | €20,082 | €16,773 | ▼ 16.5% |
| Profit (loss) for the period9904 | €982 | €2,397 | -€874 | €5,190 | -€14,771 | ▼ 385% |
| Profit (loss) for the period to be appropriated9905 | €982 | €2,397 | -€874 | €5,190 | -€14,771 | ▼ 385% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4,505 | €8,859 | €7,039 | €22,801 | €3,687 | ▼ 83.8% |
| Fixed assets21/28 | €74 | €921 | €2,031 | €1,307 | €589 | ▼ 54.9% |
| Tangible fixed assets22/27 | €74 | €921 | €2,031 | €1,307 | €589 | ▼ 54.9% |
| Furniture and vehicles24 | - | €921 | €2,031 | €1,307 | €589 | ▼ 54.9% |
| Current assets29/58 | €4,432 | €7,938 | €5,008 | €21,494 | €3,098 | ▼ 85.6% |
| Stocks and contracts in progress3 | - | - | - | - | €268 | - |
| Contracts in progress37 | - | - | - | - | €268 | - |
| Amounts receivable within one year40/41 | €1,098 | €3,738 | - | €11,550 | - | - |
| Trade receivables40 | - | €3,738 | - | €11,550 | - | - |
| Cash at bank and in hand54/58 | €3,104 | €3,669 | €4,650 | €9,537 | €2,758 | ▼ 71.1% |
| Deferred charges and accrued income490/1 | - | €531 | €357 | €407 | €72 | ▼ 82.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4,505 | €8,859 | €7,039 | €22,801 | €3,687 | ▼ 83.8% |
| Equity10/15 | €1,655 | €4,051 | €3,177 | €8,367 | -€6,405 | ▼ 177% |
| Contributions10/11 | €18,650 | €18,650 | €18,650 | €18,650 | €18,650 | = |
| Capital10 | - | €18,650 | €18,650 | €18,650 | €18,650 | = |
| Issued capital100 | - | €18,650 | €18,650 | €18,650 | €18,650 | = |
| Reserves13 | €1,865 | €1,865 | €1,865 | €1,865 | €1,865 | = |
| Non-distributable reserves130/1 | - | €1,865 | €1,865 | €1,865 | €1,865 | = |
| Legal reserve130 | - | €1,865 | €1,865 | €1,865 | €1,865 | = |
| Profit (loss) carried forward14 | -€18,860 | -€16,464 | -€17,338 | -€12,148 | -€26,920 | ▼ 122% |
| Amounts payable17/49 | €2,850 | €4,808 | €3,862 | €14,434 | €10,092 | ▼ 30.1% |
| Amounts payable within one year42/48 | €2,850 | €4,547 | €3,604 | €14,204 | €9,892 | ▼ 30.4% |
| Trade debts44 | €1,557 | €2,434 | €1,184 | €4,283 | - | - |
| Suppliers440/4 | - | €2,434 | €1,184 | €4,283 | - | - |
| Taxes, remuneration and social security45 | - | €1,367 | €1,130 | €9,205 | €9,205 | = |
| Taxes450/3 | - | €1,367 | €1,130 | €9,205 | €9,205 | = |
| Other amounts payable47/48 | - | €746 | €1,290 | €716 | €687 | ▼ 4.1% |
| Accrued charges and deferred income492/3 | - | €260 | €258 | €230 | €200 | ▼ 13.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €982 | €2,397 | -€874 | €5,190 | -€14,771 | ▼ 385% |
| + Depreciation and write-downs630 | €74 | €80 | €550 | €724 | €718 | ▼ 0.8% |
| Operating cash flow (approximation) | €1,056 | €2,476 | -€324 | €5,914 | -€14,053 | ▼ 338% |
| Investment in fixed assets (approximation) | - | -€927 | -€1,660 | €0 | €0 | - |
| Change in cash | - | €564 | €982 | €4,887 | -€6,779 | ▼ 239% |
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
27-01
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 20-01-2026
14-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 333 days late
30-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 699 days late
30-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1064 days late
30-06
Financial
Weakest financial yearnet -€14,771
Net result drops to -€14,771, the lowest in the series.
2024
30-06
Financial
Back to profitnet €5,190
Net result €5,190 after one loss-making year.
2022
02-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
30-06
Financial
Back to profitnet €982
Net result €982 after 2 loss-making years.
02-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
15-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 15 days late
2017
22-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 22 days late
SignalFinancial 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, Gent · 1 establishment unit since 1991
Ground area
293 m²
Building footprint
161 m²
Volume, LiDAR
904 m³
Parcel 44432C0908/00S008, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
Engelbert van Arenbergstraat 71, 9040 Gent
since 19912.050.702.041
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44432C0908/00S008 | Flanders | 293 m² | 1 · 161 m² | 7.3 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MATTHIAS GESQUIERE MAALTEMEERS 84, 9051 1
GENT (SINT-DENIJS-WESTREM) |
20-01-2026 → present |
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 2,254 EUR awarded · 2,254 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 812 EUR |
| 2023 | 1 | 2,254 EUR | 1,442 EUR |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded13-12-1990
Fiscal year end30-06
Contact
E-mail
ben.verhasselt@protonmail.comGent
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.