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ALFASUR

Active
Private limited companyfounded 198046 yrs activeWingensesteenweg 37, 8700 Tielt, BelgiumKBO/BCE: BE 0420.360.881
Summary

ALFASUR has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €516,589 and a net result of -€18,919. Equity is shrinking by ~3.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Office administrative and support services
NACE 82100NACE 82110
#1 oldest company in Tielt, Administrative and support services sector1 site
Size
€20,398turnover 2024
Equity
€516,589
Loss
-€18,919
Financial health
68 Healthy Checked score 2024
Bankruptcy chance 12 m
0.8%
Structure
Accounts 38 d early0 of 6 deeds read
Why 68- Figures for FY 2024 (filed 09-06-2025)- Liquidity: current ratio 0.21, cash €20,566+ Size: turnover €20,398, total assets €1.6m+ Sector Office administrative, office support and other business support activities (NACE 82)Show the evidence

Checked score

Score 2024
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 34% of its sector peers (NACE 82, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency 58-10
equity 33.3% of total assets
Liquidity 17-6
short-term debt 65.3% · cash 1.3%
Profitability 64-3
return on assets -1.2%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (12,439 companies)
Last 10 months 01-2026: 0.1%lowest value 02-2026: 0.1%▲ +3.1% vs 01-2026 03-2026: 0.1%● 0.0% vs 02-2026 04-2026: 0.2%▲ +79.2% vs 03-2026 05-2026: 0.2%▲ +1.1% vs 04-2026 06-2026: 0.2%▼ -3.8% vs 05-2026 07-2026: 0.2%▲ +8.0% vs 06-2026 08-2026: 0.3%▲ +80.0% vs 07-2026 09-2026: 0.4%▲ +28.9% vs 08-2026 10-2026: 0.8%▲ +70.3% vs 09-2026highest value
  • Figures for FY 2024 (filed 09-06-2025) raises the probability
  • Liquidity: current ratio 0.21, cash €20,566 raises the probability
  • Size: turnover €20,398, total assets €1.6m lowers the probability for this profile
  • Sector Office administrative, office support and other business support activities (NACE 82) lowers the probability
Credit up to €2,000 at 30 days acceptable
Liquidity short (current ratio 0.21 against 0.31 in 2023; short-term debt: 65.3% and cash: 1.3% of total assets), and 66.7% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 82, micro). Better than this share of them on solvency 38%, liquidity 10%, profitability 33%, growth against the median 55%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 09-06-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.21, cash €20,566
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: turnover €20,398, total assets €1.6m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Sector Office administrative, office support and other business support activities (NACE 82)
In the bankruptcy model this factor lowers the probability.
KBO
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 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
38 d early
2024
52 d early
2023
2 d early
2022
on the day
2021
5 d early
2020
23 d late
2019
50 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 18 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

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. Usually files around 26 July (4 of the last 5 filed years within 33 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Risk: 7 loss-making years in a rowloss fiscal year 2024 -€18,919 View
  • Positive: Oldest company in Tielt, Administrative and support services…in the Checked rankings #1 View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View
  • Active since 1980founded 21-04-1980 46 years View

By topic

Financials

Fiscal year
2024
Turnover
€20,398
Loss
-€18,919
Solvency
33.3%
Turnover▲ 23.6%
Net result
20222024
Go to Financials

Timeline

Events
11
Since
2017
Next accounts
by 31-07-2027
  1. 23-06-2026Annual accounts filed
  2. 09-06-2025Annual accounts filed
  3. 29-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Office administrative and support servicesNACE 82100
Founded
21-04-1980
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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