ALFASTRUCT
ActiveSummary
ALFASTRUCT has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68k and a net result of €216. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 52% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability67▲+58
Solvency74=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 1.59 against 1.5 in 2024; short-term debt: 44.4% and cash: 1.4% of total assets), but 50.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young 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
49.2%
Return on assets
0.2%
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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
30 d late
2023
61 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
92 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
€68k▲ 0.3%
2024 · €67k
2018: €87k
2019: €88k▲ +1.4% vs 2018
2020: €92k▲ +3.9% vs 2019
2021: €92k▲ +0.7% vs 2020
2022: €92k▲ +0.2% vs 2021highest in 8 years
2023: €91k▼ -1.4% vs 2022
2024: €67k▼ -26.0% vs 2023lowest in 8 years
2025: €68k▲ +0.3% vs 2024
2018 → 2025
Total assets
€137k▲ 0.4%
2024 · €137k
2018: €163k
2019: €157k▼ -4.1% vs 2018
2020: €152k▼ -3.2% vs 2019
2021: €170k▲ +12.0% vs 2020
2022: €175k▲ +3.1% vs 2021highest in 8 years
2023: €165k▼ -5.8% vs 2022
2024: €137k▼ -17.0% vs 2023lowest in 8 years
2025: €137k▲ +0.4% vs 2024
2018 → 2025
Net result
€216
2024 · €-24k
2018: €-16k
2019: €1k▲ +108% vs 2018
2020: €3k▲ +182% vs 2019highest in 8 years
2021: €678▼ -80.4% vs 2020
2022: €206▼ -69.7% vs 2021
2023: €-1k▼ -740% vs 2022
2024: €-24k▼ -1700% vs 2023lowest in 8 years
2025: €216▲ +101% vs 2024
2018 → 2025
Working capital
€36k▲ 48.6%
2024 · €24k
2018: €56k
2019: €53k▼ -5.1% vs 2018
2020: €63k▲ +18.6% vs 2019highest in 8 years
2021: €29k▼ -54.6% vs 2020
2022: €38k▲ +31.8% vs 2021
2023: €46k▲ +22.0% vs 2022
2024: €24k▼ -47.6% vs 2023lowest in 8 years
2025: €36k▲ +48.6% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€92k-€92k▲ 0.2%€91k▼ 1.4%€67k▼ 26.0%€68k▲ 0.3%
2021: €92k
2022: €92k▲ +0.2% vs 2021highest in 5 years
2023: €91k▼ -1.4% vs 2022
2024: €67k▼ -26.0% vs 2023lowest in 5 years
2025: €68k▲ +0.3% vs 2024
Operating result€3k-€3k▲ 0.7%€2k▼ 46.2%€-20k€5k
2021: €3k
2022: €3k▲ +0.7% vs 2021
2023: €2k▼ -46.2% vs 2022
2024: €-20k▼ -1194% vs 2023lowest in 5 years
2025: €5k▲ +127% vs 2024highest in 5 years
Net result€678-€206▼ 69.7%€-1k€-24k▼ 1,700%€216
2021: €678highest in 5 years
2022: €206▼ -69.7% vs 2021
2023: €-1k▼ -740% vs 2022
2024: €-24k▼ -1700% vs 2023lowest in 5 years
2025: €216▲ +101% 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: €5k after a loss of €20k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €137k
Fixed assets
€40k ▼ 37.0%
Current assets
€97k ▲ 33.2%
Equity and liabilities €137k
Equity
€68k ▲ 0.3%
Debt
€70k ▲ 0.4%
Debt's share of the balance-sheet total stays at 50.8%.
Key figures and ratios
EBITDA
€29k▲
2024 · €4k
Cash flow
€24k▲
2024 · €105
Current ratio
1.59▲
2024 · 1.50
Quick ratio
1.50▲
2024 · 1.50
Debt to equity
1.03▲
2024 · 1.03
ROE
0.3%▲
2024 · -35.1%
ROA
0.2%▲
2024 · -17.3%
Interest coverage
5.75▲
2024 · 1.03
Debt ≤ 1 year
€61k▲
2024 · €49k
Debt > 1 year
€9k▼
2024 · €21k
Staff costs
€36k▲
2024 · €35k
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 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€137k€137k▲
Fixed assets21/28€64k€40k▼
Tangible fixed assets22/27€64k€40k▼
Land and buildings22€15k€15k▼
Plant, machinery and equipment23€638€99▼
Furniture and vehicles24€48k€25k▼
Financial fixed assets28€183€183=
Current assets29/58€73k€97k▲
Stocks and contracts in progress3-€5k
Stocks30/36-€5k
Amounts receivable within one year40/41€70k€88k▲
Trade receivables40€47k€64k▲
Other amounts receivable41€23k€23k▼
Cash at bank and in hand54/58€2k€2k▼
Deferred charges and accrued income490/1€705€2k▲
Equity and liabilities
Total equity and liabilities10/49€137k€137k▲
Equity10/15€67k€68k▲
Contributions10/11€12k€12k=
Profit (loss) carried forward14€55k€55k▲
Amounts payable17/49€69k€70k▲
Amounts payable after more than one year17€21k€9k▼
Financial debts170/4€21k€9k▼
Amounts payable within one year42/48€49k€61k▲
Current portion of amounts payable after more than one year42€17k€12k▼
Financial debts43€19k€26k▲
Credit institutions430/8€19k€26k▲
Trade debts44€2k€12k▲
Suppliers440/4€2k€12k▲
Taxes, remuneration and social security45€11k€11k▲
Taxes450/3€1k€2k▲
Remuneration and social security454/9€9k€9k▲
Income statement
Code20242025
Remuneration, social security and pensions62€35k€36k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€24k▼
Other operating charges640/8€643€2k▲
Gross operating margin9900€39k€67k▲
Operating profit (loss)9901€-20k€5k▲
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€-24k€216▲
Profit (loss) for the period9904€-24k€216▲
Profit (loss) for the period to be appropriated9905€-24k€216▲
Appropriation of the result
Profit (loss) to be appropriated9906€55k€55k▲
Profit (loss) brought forward from the previous period14P€79k€55k▼
The notes to these accounts (6 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €29k | €31k | €33k | €35k | €36k | ▲ 5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13k | €21k | €21k | €24k | €24k | ▼ 0.3% |
| Other operating charges640/8 | €1k | €1k | €1k | €643 | €2k | ▲ 168% |
| Gross operating margin9900 | €46k | €56k | €58k | €39k | €67k | ▲ 70.6% |
| Operating profit (loss)9901 | €3k | €3k | €2k | €-20k | €5k | ▲ 127% |
| Financial income75/76B | €92 | €15 | €2 | €1 | €0 | ▼ 73.5% |
| Recurring financial income75 | €92 | €15 | €2 | €1 | €0 | ▼ 73.5% |
| Financial charges65/66B | €2k | €3k | €3k | €4k | €5k | ▲ 26.7% |
| Recurring financial charges65 | €2k | €3k | €3k | €4k | €5k | ▲ 26.7% |
| Profit (loss) for the period before taxes9903 | €1k | €206 | €-1k | €-24k | €216 | ▲ 101% |
| Income taxes67/77 | €333 | - | - | - | - | - |
| Profit (loss) for the period9904 | €678 | €206 | €-1k | €-24k | €216 | ▲ 101% |
| Profit (loss) for the period to be appropriated9905 | €678 | €206 | €-1k | €-24k | €216 | ▲ 101% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €170k | €175k | €165k | €137k | €137k | ▲ 0.4% |
| Fixed assets21/28 | €99k | €80k | €60k | €64k | €40k | ▼ 37.0% |
| Tangible fixed assets22/27 | €98k | €80k | €60k | €64k | €40k | ▼ 37.1% |
| Land and buildings22 | €17k | €17k | €16k | €15k | €15k | ▼ 4.3% |
| Plant, machinery and equipment23 | €800 | €962 | €1k | €638 | €99 | ▼ 84.5% |
| Furniture and vehicles24 | €80k | €62k | €43k | €48k | €25k | ▼ 47.0% |
| Financial fixed assets28 | €183 | €183 | €183 | €183 | €183 | = |
| Current assets29/58 | €71k | €95k | €105k | €73k | €97k | ▲ 33.2% |
| Stocks and contracts in progress3 | - | - | - | - | €5k | - |
| Stocks30/36 | - | - | - | - | €5k | - |
| Amounts receivable within one year40/41 | €67k | €88k | €102k | €70k | €88k | ▲ 25.4% |
| Trade receivables40 | €56k | €81k | €97k | €47k | €64k | ▲ 38.3% |
| Other amounts receivable41 | €11k | €7k | €5k | €23k | €23k | ▼ 0.4% |
| Cash at bank and in hand54/58 | €3k | €7k | €1k | €2k | €2k | ▼ 17.3% |
| Deferred charges and accrued income490/1 | €1k | €380 | €910 | €705 | €2k | ▲ 234% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €170k | €175k | €165k | €137k | €137k | ▲ 0.4% |
| Equity10/15 | €92k | €92k | €91k | €67k | €68k | ▲ 0.3% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €73k | €73k | €73k | - | - | - |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €71k | €71k | €73k | - | - | - |
| Profit (loss) carried forward14 | €7k | €7k | €5k | €55k | €55k | ▲ 0.4% |
| Amounts payable17/49 | €78k | €83k | €74k | €69k | €70k | ▲ 0.4% |
| Amounts payable after more than one year17 | €35k | €25k | €15k | €21k | €9k | ▼ 58.4% |
| Financial debts170/4 | €35k | €25k | €15k | €21k | €9k | ▼ 58.4% |
| Amounts payable within one year42/48 | €42k | €57k | €59k | €49k | €61k | ▲ 25.6% |
| Current portion of amounts payable after more than one year42 | €12k | €10k | €10k | €17k | €12k | ▼ 27.9% |
| Financial debts43 | - | - | €16k | €19k | €26k | ▲ 39.2% |
| Credit institutions430/8 | - | - | €16k | €19k | €26k | ▲ 39.2% |
| Trade debts44 | €18k | €4k | €14k | €2k | €12k | ▲ 378% |
| Suppliers440/4 | €18k | €4k | €14k | €2k | €12k | ▲ 378% |
| Taxes, remuneration and social security45 | €11k | €15k | €13k | €11k | €11k | ▲ 6.0% |
| Taxes450/3 | €4k | €5k | €2k | €1k | €2k | ▲ 25.3% |
| Remuneration and social security454/9 | €7k | €10k | €11k | €9k | €9k | ▲ 3.1% |
| Other amounts payable47/48 | €1k | €28k | €5k | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €678 | €206 | €-1k | €-24k | €216 | ▲ 101% |
| + Depreciation and write-downs630 | €13k | €21k | €21k | €24k | €24k | ▼ 0.3% |
| Operating cash flow (approximation) | €14k | €21k | €20k | €105 | €24k | ▲ 22,588% |
| Investment in fixed assets (approximation) | - | €-2k | €-2k | €-28k | €0 | ▲ 100% |
| Change in cash | - | €4k | €-6k | €858 | €-397 | ▼ 146% |
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
31-12
Financial
Back to profitnet €216
Net result €216 after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €3k ▲182%
Operating result €7k, net result €3k, both a record.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has 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
5 acts for this company are 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, Wemmel · 1 establishment unit since 2010
Ground area
209 m²
Building footprint
86 m²
Volume, LiDAR
637 m³
Parcel 22662B0415/00W004, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ALFASTRUCT
since 20102.193.675.388
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22662B0415/00W004 | Flanders | 209 m² | 1 · 86 m² | 10.6 m · 3 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.
Recognitions · licences · registrations
Recognised contractor
5 categoriesALFASTRUCT BV46586
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Of 8,454 companies in sector 43120 we hold annual accounts for 3,231. 2,582 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
Founded29-03-2010
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43120Site preparation
43332Laying of wooden floor and wall coverings
81210General cleaning of buildings
Scores and ratios are computed by Checked and are not a credit decision.