Equity
ALFIL CONSTRUCT has made a profit without a break since 2022.
ALFIL CONSTRUCT has made a profit without a break since 2022.
The micro format states no turnover.
Debts rose by €57,503 in 2025.
Green is investment, beige is depreciation.
Short-term debts rose from €12,982 to €23,691.
The 2020 accounts came latest: 117 days after the end of the period.
The dashed line is the sector median: 0.7% across 47,701 companies (NACE 43, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 54% of them on solvency, 76% on liquidity, 65% on profitability and 74% on growth.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
In July 2024, 34,693 companies had the same profile as ALFIL CONSTRUCT has now. Each dot stands for 87 companies, two years later.
The bankruptcy probability of ALFIL CONSTRUCT itself is higher: 0.9% within 12 months. It rests on far more data about ALFIL CONSTRUCT than the profile alone.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for ALFIL CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 3.05 (5.11 in 2024), above the usual 1.5. Short-term debt is 15.7% and cash 25.2% of total assets. However, 50.1% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 62 days after 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.
| Company | ||||
|---|---|---|---|---|
| ALFIL CONSTRUCT Forest | €151,158 | €36,770 | 49.9% | - |
| FABIAN CONSTRUCT Brussels | €133,966 | €38,505 | 40.6% | - |
| ZULD CONSTRUCT Anderlecht | €154,198 | €31,546 | 51.0% | - |
| ZENGROUP Koekelberg | €153,616 | €37,711 | 75.9% | - |
| G & A CONCEPT Anderlecht | €149,147 | €31,567 | 10.6% | - |
| EV CONCEPT Brussels | €145,100 | €44,696 | 80.8% | - |
| ERIK CONSTRUCT Auderghem | €156,460 | €37,866 | 38.9% | - |
These companies have the same main activity as ALFIL CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €134,000 and €156,000, founded between 2014 and 2016.
ALFIL CONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €45,097 in 2016 to €36,770 in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €320,000. Estimated: probably between €210,000 and €560,000.
Higher than 54% of 35,119 companies in 2025.
Higher than 72% of 34,493 companies in 2025.
Higher than 62% of 34,694 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
151,158 | 76,417 | 74,879 | 80,976 | 72,733 | 75,341 | 77,417 | 80,982 | 78,769 | 96,092 | |
21/28 |
78,821 | 10,109 | 13,305 | 1,671 | 2,725 | 3,155 | 12,091 | 21,932 | 31,676 | 41,719 | |
22/27 |
78,521 | 9,809 | 13,005 | 1,371 | 2,725 | 3,155 | 12,091 | 21,932 | 31,676 | 41,719 | |
23 |
320 | - | 274 | 716 | 1,547 | 1,185 | 376 | 474 | 473 | 772 | |
24 |
16,160 | - | 132 | 655 | 1,178 | - | - | - | - | - | |
25 |
62,040 | 9,809 | 12,599 | - | - | - | - | - | - | - | |
28 |
300 | 300 | 300 | 300 | - | - | - | - | - | - | |
29/58 |
72,338 | 66,308 | 61,574 | 79,305 | 70,009 | 72,186 | 65,327 | 59,049 | 47,094 | 54,374 | |
40/41 |
34,115 | 32,387 | 22,197 | 32,288 | 40,593 | 26,555 | 38,985 | 5,669 | 3,930 | 44,353 | |
40 |
18,156 | 16,628 | 9,482 | 20,660 | 26,770 | 15,442 | 31,292 | 1,330 | 2,821 | 43,467 | |
41 |
15,959 | 15,760 | 12,716 | 11,628 | 13,822 | 11,113 | 7,693 | 4,339 | 1,109 | 886 | |
54/58 |
38,019 | 33,530 | 39,228 | 46,407 | 29,391 | 45,607 | 26,317 | 53,356 | 43,139 | 9,996 | |
490/1 |
203 | 391 | 149 | 611 | 25 | 25 | 25 | 25 | 25 | 25 | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
151,158 | 76,417 | 74,879 | 80,976 | 72,733 | 75,341 | 77,417 | 80,982 | 78,769 | 96,092 | |
10/15 |
75,478 | 58,239 | 56,918 | 55,508 | 53,873 | 55,918 | 52,351 | 47,676 | 31,507 | 29,280 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
19,060 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,265 | 1,154 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,265 | 1,154 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | |
133 |
19,060 | 1,860 | 1,860 | - | - | - | - | - | - | - | |
14 |
50,218 | 50,179 | 48,858 | 47,448 | 45,813 | 47,858 | 44,291 | 39,616 | 24,041 | 21,926 | |
17/49 |
75,681 | 18,177 | 17,961 | 25,468 | 18,861 | 19,424 | 25,067 | 33,306 | 47,263 | 66,812 | |
17 |
51,990 | 5,195 | 8,082 | - | - | - | 1,223 | 8,443 | 15,466 | 22,297 | |
170/4 |
51,990 | 5,195 | 8,082 | - | - | - | 1,223 | 8,443 | 15,466 | 22,297 | |
42/48 |
23,691 | 12,982 | 9,878 | 25,468 | 18,861 | 19,424 | 23,844 | 24,863 | 31,797 | 44,515 | |
42 |
13,260 | 2,888 | 2,482 | - | - | 1,223 | 7,220 | 7,023 | 6,831 | 6,644 | |
44 |
- | 7,762 | 6,701 | 23,916 | 13,812 | 12,817 | 7,933 | 12,844 | 11,911 | 23,718 | |
440/4 |
- | 7,762 | 6,701 | 23,916 | 13,812 | 12,817 | 7,933 | 12,844 | 11,911 | 23,718 | |
45 |
10,430 | 2,333 | 695 | 1,552 | 5,049 | 5,384 | 8,690 | 4,996 | 13,055 | 13,828 | |
450/3 |
6,945 | 733 | 695 | 52 | 959 | 2,134 | 5,390 | 4,996 | 13,055 | 12,228 | |
454/9 |
3,485 | 1,600 | - | 1,500 | 4,090 | 3,250 | 3,300 | - | - | 1,600 | |
47/48 |
- | - | - | - | - | - | - | - | - | 325 | |
| Income statement | |||||||||||
76A |
- | - | - | - | 4,800 | 2,384 | - | - | - | - | |
9900 |
36,770 | 5,512 | 5,135 | 2,626 | 3,345 | 15,145 | 17,108 | 31,697 | 14,448 | 45,097 | |
630 |
11,165 | 3,196 | 2,318 | 1,354 | 5,595 | 10,396 | 10,181 | 10,193 | 10,043 | 7,899 | |
640/8 |
422 | 711 | 735 | 326 | 384 | 535 | 672 | 437 | 413 | 1,133 | |
9901 |
25,183 | 1,605 | 2,082 | 946 | -2,634 | 4,214 | 6,255 | 21,067 | 3,991 | 36,066 | |
75/76B |
779 | 804 | 600 | 810 | 723 | 834 | 419 | 134 | 1 | - | |
75 |
779 | 804 | 600 | 810 | 723 | 834 | 419 | 134 | 1 | - | |
65/66B |
1,868 | 750 | 528 | 120 | 133 | 494 | 603 | 788 | 965 | 783 | |
65 |
1,868 | 750 | 528 | 120 | 133 | 494 | 603 | 788 | 965 | 783 | |
9903 |
24,094 | 1,659 | 2,153 | 1,636 | -2,045 | 4,554 | 6,070 | 20,413 | 3,027 | 35,282 | |
67/77 |
6,855 | 338 | 743 | - | - | 987 | 1,395 | 4,244 | 801 | 12,202 | |
9904 |
17,238 | 1,321 | 1,410 | 1,636 | -2,045 | 3,567 | 4,675 | 16,169 | 2,226 | 23,080 | |
9905 |
17,238 | 1,321 | 1,410 | 1,636 | -2,045 | 3,567 | 4,675 | 16,169 | 2,226 | 23,080 | |
| Appropriation of the result | |||||||||||
9906 |
67,418 | 50,179 | 48,858 | 47,448 | 45,813 | 47,858 | 44,291 | 40,210 | 24,153 | 23,080 | |
14P |
50,179 | 48,858 | 47,448 | 45,813 | 47,858 | - | - | - | - | - | |
691/2 |
17,200 | - | - | - | - | - | - | 595 | 111 | 1,154 | |
6920 |
- | - | - | - | - | - | - | 595 | 111 | 1,154 | |
6921 |
17,200 | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 28-09-2026.
2025 annual accounts filed 59 days after the deadline. Filed on 28 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00535431.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 28-09-2026 | 2026-00535431 | |
| 31-12-2024 | micro format | 10-09-2025 | 2025-00488178 | |
| 31-12-2023 | micro format | 24-09-2024 | 2024-00484564 | |
| 31-12-2022 | micro format | 25-08-2023 | 2023-00353578 | |
| 31-12-2021 | micro format | 12-09-2022 | 2022-20429976 | |
| 31-12-2020 | micro format | 25-11-2021 | 2021-78300371 | |
| 31-12-2019 | micro format | 05-11-2020 | 2020-70000508 | |
| 31-12-2018 | micro format | 08-10-2019 | 2019-70000526 | |
| 31-12-2017 | micro format | 01-10-2018 | 2018-68700334 | |
| 31-12-2016 | full format | 29-09-2017 | 2017-64400432 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 36,348 | 4,801 | 4,400 | 2,300 | 2,961 | 14,610 | 16,436 | 31,260 | 14,034 | 43,965 | ||
| 28,403 | 4,517 | 3,728 | 2,990 | 3,550 | 13,963 | 14,856 | 26,362 | 12,269 | 30,979 | ||
| 79,876 | 0 | 13,953 | 300 | 5,165 | 1,461 | 339 | 450 | 0 | 49,617 | ||
| 4,489 | -5,698 | -7,179 | 17,016 | -16,216 | 19,290 | -27,038 | 10,217 | 33,143 | - | ||
| 48,647 | 53,326 | 51,696 | 53,838 | 51,148 | 52,762 | 41,483 | 34,186 | 15,297 | 9,858 | ||
| 49.9% | 76.2% | 76.0% | 68.5% | 74.1% | 74.2% | 67.6% | 58.9% | 40.0% | 30.5% | ||
| 3.05 | 5.11 | 6.23 | 3.11 | 3.71 | 3.72 | 2.74 | 2.38 | 1.48 | 1.22 | ||
| 1.00 | 0.31 | 0.32 | 0.46 | 0.35 | 0.35 | 0.48 | 0.70 | 1.50 | 2.28 | ||
| 22.8% | 2.3% | 2.5% | 2.9% | -3.8% | 6.4% | 8.9% | 33.9% | 7.1% | 78.8% | ||
| 11.4% | 1.7% | 1.9% | 2.0% | -2.8% | 4.7% | 6.0% | 20.0% | 2.8% | 24.0% | ||
| 19.46 | 6.40 | 8.33 | 19.16 | 22.22 | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €79,876 | - | €13,953 | - | €5,165 |
| Financial fixed assets | - | - | - | €300 | - |
| €11,165 | €3,196 | €2,318 | €1,354 | €5,595 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is nearly 16 times that of 2024 and the highest since 2016. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 23.8% to 50.1%. Equity and debt are higher.
ALFIL CONSTRUCT has no parent and no holdings in its annual accounts.
| HEMERA MAN TRACE
registered office since 12-10-2017 · founded in 2017 |
total assets €24,754 (2025) 0682.867.528 |
| Neptune Quartier Durable
registered office since 22-01-2014 |
founded in 2014 0544.634.214 |
| Vanschrieck, Bernard (sole trader)
establishment since 20-09-1989 |
founded in 1989 0568.333.490 |
| Association des copropriétaires à Forest Bloc II Avenue Neptune, 24
registered office since 26-03-1974 |
founded in 1974 0830.931.395 |
See the function holders in the KBO register.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Neptunuslaan 24 registered office 1190 Forest | ||
| . Neptunuslaan 51, 1190 Forest 2511001 Manufacture of metal structures and parts of structures | 07-01-2016 | 2.248.826.818 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21383B0026/00P002 | 3,496 m² | 1 · 373 m² | 19.8 m · 6 |
| 21383B0025/00P002 | 970 m² | 1 · 172 m² | 19.5 m · 6 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0644.703.075
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