ALFIMO
ActiveSummary
ALFIMO has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €578,799 and a net result of €293,655. Equity is growing by ~7.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+72
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 3.27 against 11.17 in 2024; short-term debt: 22.8% and cash: 4.9% of total assets), and 23.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
76.3%
Return on assets
38.7%
Age of the figures
9 mo
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 05-05-2026, 87 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
87 d early
2024
77 d early
2023
79 d early
2022
83 d early
2021
76 d early
2020
81 d early
2019
86 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 81 days before 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€578,799▲ 79.1%
2024 · €323,144
Total assets
€759,002▲ 116%
2024 · €351,838
Net result
€293,655
2024 · -€12,702
Working capital
€392,026▲ 246%
2024 · €113,264
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€121,153-€13,249-€13,166▲ 0.6%-€15,344▼ 16.5%-€29,735▼ 93.8%
Net result€120,848-€18,777-€12,645▲ 32.7%-€12,702▼ 0.4%€293,655
Equity€367,268▲ 49.0%€348,491▼ 5.1%€335,845▼ 3.6%€323,144▼ 3.8%€578,799▲ 79.1%
Total assets€427,203▲ 26.3%€397,976▼ 6.8%€373,902▼ 6.0%€351,838▼ 5.9%€759,002▲ 116%
Debt€59,935▼ 34.8%€49,485▼ 17.4%€38,057▼ 23.1%€28,694▼ 24.6%€180,203▲ 528%
Working capital€150,708€133,068▼ 11.7%€123,222▼ 7.4%€113,264▼ 8.1%€392,026▲ 246%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €29,735 in 2025 against €15,344 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €759,002
Fixed assets
€194,286 ▼ 14.6%
Current assets
€564,716 ▲ 354%
Equity and liabilities €759,002
Equity
€578,799 ▲ 79.1%
Debt
€180,203 ▲ 528%
Debt's share of the balance-sheet total rises from 8.2% to 23.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
-€20,596▼
2024 · -€2,904
Cash flow
€302,794▲
2024 · -€262
Current ratio
3.27▼
2024 · 11.17
Debt to equity
0.31▲
2024 · 0.09
ROE
50.7%▲
2024 · -3.9%
ROA
38.7%▲
2024 · -3.6%
Interest coverage
429.08▲
2024 · 1.65
Debt ≤ 1 year
€172,690▲
2024 · €11,135
Debt > 1 year
€6,516▼
2024 · €17,500
Income taxes
€105,034
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,082 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,082 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €137,709 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,440 | €12,440 | €12,440 | €12,440 | €9,139 | ▼ 26.5% |
| Other operating charges640/8 | €3,856 | €3,484 | €3,746 | €3,873 | €3,560 | ▼ 8.1% |
| Gross operating margin9900 | €137,449 | €2,675 | €3,020 | €969 | -€17,036 | ▼ 1,858% |
| Operating profit (loss)9901 | €121,153 | -€13,249 | -€13,166 | -€15,344 | -€29,735 | ▼ 93.8% |
| Financial income75/76B | €283 | €354 | €467 | €880 | €428,376 | ▲ 48,579% |
| Recurring financial income75 | €283 | €354 | €467 | €880 | €182 | ▼ 79.3% |
| Non-recurring financial income76B | - | - | - | - | €428,194 | - |
| Financial charges65/66B | -€582 | €5,883 | -€54 | -€1,762 | -€48 | ▲ 97.3% |
| Recurring financial charges65 | -€582 | €5,883 | -€54 | -€1,762 | -€48 | ▲ 97.3% |
| Profit (loss) for the period before taxes9903 | €122,018 | -€18,777 | -€12,645 | -€12,702 | €398,689 | ▲ 3,239% |
| Income taxes67/77 | €1,170 | - | - | - | €105,034 | - |
| Profit (loss) for the period9904 | €120,848 | -€18,777 | -€12,645 | -€12,702 | €293,655 | ▲ 2,412% |
| Profit (loss) for the period to be appropriated9905 | €120,848 | -€18,777 | -€12,645 | -€12,702 | €293,655 | ▲ 2,412% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €427,203 | €397,976 | €373,902 | €351,838 | €759,002 | ▲ 116% |
| Fixed assets21/28 | €264,759 | €252,319 | €239,879 | €227,439 | €194,286 | ▼ 14.6% |
| Tangible fixed assets22/27 | €264,759 | €252,319 | €239,879 | €227,439 | €194,286 | ▼ 14.6% |
| Land and buildings22 | €263,843 | €251,632 | €239,421 | €227,210 | €191,638 | ▼ 15.7% |
| Plant, machinery and equipment23 | €916 | €687 | €458 | €229 | €2,648 | ▲ 1,056% |
| Current assets29/58 | €162,443 | €145,657 | €134,023 | €124,399 | €564,716 | ▲ 354% |
| Amounts receivable within one year40/41 | - | €106 | €134 | €439 | €455,000 | ▲ 103,545% |
| Trade receivables40 | - | - | €32 | €161 | - | - |
| Other amounts receivable41 | - | €106 | €102 | €278 | €455,000 | ▲ 163,569% |
| Current investments50/53 | €27,641 | €48,288 | €73,814 | €100,974 | €70,195 | ▼ 30.5% |
| Cash at bank and in hand54/58 | €134,143 | €96,542 | €59,166 | €22,084 | €37,501 | ▲ 69.8% |
| Deferred charges and accrued income490/1 | €660 | €720 | €909 | €902 | €2,020 | ▲ 124% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €427,203 | €397,976 | €373,902 | €351,838 | €759,002 | ▲ 116% |
| Equity10/15 | €367,268 | €348,491 | €335,845 | €323,144 | €578,799 | ▲ 79.1% |
| Contributions10/11 | €324,200 | €324,200 | €324,200 | €324,200 | €324,200 | = |
| Capital10 | €324,200 | €324,200 | €324,200 | €324,200 | €324,200 | = |
| Issued capital100 | €324,200 | €324,200 | €324,200 | €324,200 | €324,200 | = |
| Reserves13 | €43,068 | €43,068 | €43,068 | €43,068 | €254,599 | ▲ 491% |
| Non-distributable reserves130/1 | €32,501 | €32,501 | €32,501 | €32,501 | €32,501 | = |
| Legal reserve130 | €32,420 | €32,420 | €32,420 | €32,420 | €32,420 | = |
| Reserves not available under the articles1311 | €81 | €81 | €81 | €81 | €81 | = |
| Distributable reserves133 | €10,567 | €10,567 | €10,567 | €10,567 | €222,098 | ▲ 2,002% |
| Profit (loss) carried forward14 | - | -€18,777 | -€31,422 | -€44,124 | - | - |
| Amounts payable17/49 | €59,935 | €49,485 | €38,057 | €28,694 | €180,203 | ▲ 528% |
| Amounts payable after more than one year17 | €48,199 | €36,897 | €27,118 | €17,500 | €6,516 | ▼ 62.8% |
| Financial debts170/4 | €48,199 | €36,897 | €27,118 | €17,500 | €6,516 | ▼ 62.8% |
| Amounts payable within one year42/48 | €11,736 | €12,589 | €10,801 | €11,135 | €172,690 | ▲ 1,451% |
| Current portion of amounts payable after more than one year42 | €10,384 | €10,435 | €10,138 | €10,491 | €10,930 | ▲ 4.2% |
| Financial debts43 | - | - | - | - | €101,141 | - |
| Credit institutions430/8 | - | - | - | - | €101,141 | - |
| Trade debts44 | €33 | €834 | €531 | €499 | €17,654 | ▲ 3,438% |
| Suppliers440/4 | €33 | €834 | €531 | €499 | €17,654 | ▲ 3,438% |
| Taxes, remuneration and social security45 | €1,318 | €1,319 | €132 | €145 | €4,965 | ▲ 3,324% |
| Taxes450/3 | €1,318 | €1,319 | €132 | €145 | €4,965 | ▲ 3,324% |
| Other amounts payable47/48 | - | - | - | - | €38,000 | - |
| Accrued charges and deferred income492/3 | - | - | €138 | €59 | €997 | ▲ 1,590% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €120,848 | -€18,777 | -€12,645 | -€12,702 | €293,655 | ▲ 2,412% |
| + Depreciation and write-downs630 | €12,440 | €12,440 | €12,440 | €12,440 | €9,139 | ▼ 26.5% |
| Operating cash flow (approximation) | €133,288 | -€6,337 | -€205 | -€262 | €302,794 | ▲ 115,670% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €24,014 | ▲ 34,305,614% |
| Change in cash | - | -€37,601 | -€37,376 | -€37,082 | €15,417 | ▲ 142% |
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
05-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €293,655
Net result €293,655 after 3 loss-making years.
31-12
Financial
Equity above €500,000Eq €578,799 ▲79.1%
Equity rises from €323,144 to €578,799.
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
09-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€18,777
Net result drops to -€18,777, the lowest in the series; recovery starts the following year.
16-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €120,848
Net result €120,848 after 3 loss-making years.
31-12
Financial
Liquidity times 18current ratio 13.84
Current ratio from 0.79 to 13.84; short-term debt falls from €33,352 to €11,736.
11-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
06-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
06-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
08-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Erpe-Mere · 1 establishment unit since 1992
Ground area
1.6 ha
Building footprint
713 m²
Volume, LiDAR
6,478 m³
2 parcels, Flanders · tallest building 17.6 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Termurenlaan 16, 9320 Aalst
since 19922.058.604.472
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41342B0558/00V000 | Flanders | 1.2 ha | 1 · 484 m² | 17.6 m · 5 fl. |
| 41016D0703/00D000 | Flanders | 3,193 m² | 1 · 229 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
894500MRFWO3G7ONSM42
Identification & contact
Identification
Legal formPublic limited company
Founded30-06-1992
Fiscal year end31-12
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.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.