Active BE 0442.152.031Private limited company (pre-2019)Open bankruptcy

ALFAST

Engelbert van Arenbergstraat 71 ·9040 Gent, Belgium· 35 yrs active

Conclusion Checked

A bankruptcy procedure is open for ALFAST according to publications in the Belgian State Gazette. The 2025 annual accounts show negative equity (€-6k) and a net result of €-15k.

Based on the State Gazette, CBE and 7 annual accounts.

Key figures

Equity	€-6k
Net result	€-15k
Active	35 yrs
Locations	1

Snowflake analysis 5 axes · computed by Checked

38 / 100

Fragile profile, watch health in particular.

Health 0

Profitability 100

Solvency 33

Growth 58

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High risk

Components

· Open bankruptcy (+50)

Trust signals 1 signals

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2025 · computed

0 / 100 Critical

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 14-01-2026 with the NBB · fiscal year 2025 · micro

Operating resultNet result

EBITDA

€3k

-89.3% 19-25

Net profit

€-15k

- 19-25

Cash flow

€-14k

- 19-25

Total assets

€4k

-83.8% 19-25

Equity

€-6k

- 19-25

Working capital

€-7k

- 19-25

Income taxes

€17k

-16.5% 19-25

Debt

€10k

-30.1% 19-25

Debt ≤ 1y

€10k

-30.4% 19-25

Current ratio

0.31

-79.3% 19-25

Quick ratio

0.29

-81.1% 19-25

Solvency

-173.7%

- 19-25

Debt / equity

-1.58

- 19-25

ROE

230.6%

+271.8% 19-25

ROA

-400.6%

- 19-25

Interest coverage

33.00

-77.7% 19-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Revenue	-
EBITDA	€3k
Net profit	€-15k
Cash flow	€-14k
Staff costs	-
Income taxes	€17k
Dividends	-
Total assets	€4k
Equity	€-6k
Debt	€10k
of which ≤ 1y	€10k
of which > 1y	-
Working capital	€-7k
Employees (FTE)	-

Ratios (computed)

	2025
Current ratio	0.31
Quick ratio	0.29
Working capital ratio	-184.3%
Solvency	-173.7%
Debt / equity	-1.58
Long-term debt ratio	-
Interest coverage	33.00
Gross margin	-
Net margin	-
ROA	-400.6%
ROE	230.6%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €589 · 16.0% Current assets €3k · 84.0%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€4k
Fixed assets	21/28	€589
Tangible fixed assets	22/27	€589
Current assets	29/58	€3k
Stocks & contracts in progress	3	€268
Cash & bank	54/58	€3k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€4k
Equity	10/15	€-6k
Contributions / capital	10/11	€19k
Reserves	13	€2k
Accumulated profits (losses)	14	€-27k
Amounts payable	17/49	€10k
Amounts payable within one year	42/48	€10k
Income statement
Gross operating margin	9900	€3k
Operating result	9901	€2k
Financial charges	65	€85
Result before taxes	9903	€2k
Income taxes	67/77	€17k
Net result for the period	9904	€-15k
Result to be appropriated	9905	€-15k

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Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	MATTHIAS GESQUIERE MAALTEMEERS 84, 9051 1 GENT (SINT-DENIJS-WESTREM)	20-01-2026 → present	Belgian State Gazette

Legal Structure

NACE primary	-
Legal form	Private limited company (pre-2019)(015)
Incorporation	13-12-1990
Status	Active
Postal code	9040
First BS signal	27-01-2026
Latest BS signal	27-01-2026

Company structure, linked entities1 linked entities

Mandates

Establishment units 1 location

Engelbert van Arenbergstraat 71, 9040 Gent

de groothandel in elektrische huishoudelijke apparaten

since 19912.050.702.041

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44432C0908/00S008	Flanders	293 m²	1 · 161 m²	7.3 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026

27-01-2026

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Gent · ALFAST BV ENGELBERT VAN ARENBERGSTRAAT 71/A, 9040 SINT-AMANDSBERG · event 20-01-2026

14-01-2026