ALFREDO DIFFUSION
ActiveSummary
ALFREDO DIFFUSION has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €438,078 and a net result of €24,639. Equity is growing by about 23% per year across the filed financial years. Its solvency ranks better than 32% of 5,019 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Retail sale of clothing and accessories for women, men, children and babies (general range)
NACE 47716
1 site
Size
≈ €1.2mturnover 2025, estimated
- Staff
- ≈ 2.5 FTE, estimated
- Equity
- €438,078
- Profit
- €24,639
Turnover estimated from the gross margin
Structure
- ERKAN FerideDirector
- GUNAY ChristopheDirector
- GUNAY FehmiManaging director
2025 accounts filed 28 days late3 of 6 deeds summarised
Why 92raises riskLast filed accounts filed 28 days late; 1 of the last 3 lateSector: Retail trade (NACE 47)lowers riskSize: total assets €2.1mFounded in 2001Show the evidence
Checked score
Score 2025
92
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 51% of its sector peers (NACE 47, small)
Financial strength · tick = 2024
Average
Solvency
46+2
equity 21.1% of total assets
Liquidity
58-2
short-term debt 10.9% · cash 6.9%
Profitability
48+13
return on assets 1.2%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● unchanged vs 11-2024
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.1%▼ -0.1 percentage points vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.3%▲ +0.1 percentage points vs 07-2025
09-2025: 0.4%▲ +0.1 percentage points vs 08-2025
10-2025: 0.2%▼ -0.2 percentage points vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.4%▲ +0.2 percentage points vs 07-2026highest value
09-2026: 0.1%▼ -0.3 percentage points vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.82, compared with 1.57 in 2024, above the usual 1.5; short-term debt: 10.9% and cash: 6.9% of total assets), but 78.9% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 47, small): better than 37% on solvency, 78% on liquidity, 31% on profitability and 57% on growth.
The bankruptcy probability was computed on 28-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
28 days late
2024
40 days late
2023
30 days late
2022
31 days late
2021
3 days late
2020
24 days late
2019
90 days late
← 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 35 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Back to profitnet €24,639
- Annual accounts filedfinancial year 2024 · full…
Financials · financial year 2025, full format
2025 annual accounts filed late (28 days) Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00500556.
Turnover
≈ €1.2m
Estimated: probably between €920,000 and €1.9m
EBIT margin
Not included in this filing
Net result
€24,639
2024 · -€13,247
Working capital
€185,651▼ 4.4%
2024 · €194,220
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result recovers in 2025; 2025 is 126% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.08m
2025
Net result€0.02m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€2.1m
2025
Equity€0.4m
2025
Debt€1.6m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.2m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)1.2%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency21.1%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.82
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)2.5
2023
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.05m-€0.05m▲ 0.2%€0.05m▼ 0.5%€0.3m▲ 593%€0.09m▼ 70.9%€0.06m▼ 31.1%€0.04m▼ 42.1%€0.08m▲ 126%
Net result€394-€0.001m▲ 199%€0.02mwithin the sector's middle half▲ 15×€0.2mabove the sector's middle half▲ 13×€0.05mwithin the sector's middle half▼ 78.5%€0.03mwithin the sector's middle half▼ 37.5%-€0.01mbelow the sector's middle half€0.02mwithin the sector's middle half
Equity€0.1m-€0.1m▲ 1.1%€0.1mwithin the sector's middle half▲ 16.0%€0.3mwithin the sector's middle half▲ 173%€0.4mwithin the sector's middle half▲ 13.6%€0.4mwithin the sector's middle half▲ 7.5%€0.4mwithin the sector's middle half▼ 3.1%€0.4mwithin the sector's middle half▲ 6.0%
Total assets€1.5m-€1.4m▼ 5.4%€1.3mwithin the sector's middle half▼ 7.1%€1.5mwithin the sector's middle half▲ 14.8%€1.5mwithin the sector's middle half▼ 2.3%€1.4mwithin the sector's middle half▼ 4.6%€2.2mwithin the sector's middle half▲ 60.0%€2.1mwithin the sector's middle half▼ 6.4%
Debt€1.4m-€1.3m▼ 5.9%€1.2m▼ 9.1%€1.1m▼ 7.6%€1.0m▼ 7.6%€0.9m▼ 9.8%€1.7m▲ 94.0%€1.6m▼ 9.4%
Working capital-€0.08m--€0.08m▼ 7.4%-€0.06mbelow the sector's middle half▲ 31.5%€0.5mabove the sector's middle half€0.5mabove the sector's middle half▲ 5.4%€0.5mwithin the sector's middle half▼ 2.7%€0.2mwithin the sector's middle half▼ 63.0%€0.2mwithin the sector's middle half▼ 4.4%
Solvency7.4%-7.9%▲ 0.5pp9.9%below the sector's middle half▲ 2.0pp23.4%within the sector's middle half▲ 13.6pp27.3%within the sector's middle half▲ 3.8pp30.7%within the sector's middle half▲ 3.5pp18.6%within the sector's middle half▼ 12.1pp21.1%within the sector's middle half▲ 2.4pp
Current ratio0.84-0.81▼ 0.020.85below the sector's middle half▲ 0.032.59above the sector's middle half▲ 1.752.85above the sector's middle half▲ 0.263.12above the sector's middle half▲ 0.271.57within the sector's middle half▼ 1.551.82within the sector's middle half▲ 0.25
Return on assets (ROA)0.0%-0.1%▲ 0.1pp1.4%within the sector's middle half▲ 1.3pp14.8%above the sector's middle half▲ 13.5pp3.3%within the sector's middle half▼ 11.6pp2.1%within the sector's middle half▼ 1.1pp-0.6%below the sector's middle half▼ 2.7pp1.2%within the sector's middle half▲ 1.8pp
Staff (FTE)2.5within the sector's middle half2.8within the sector's middle half▲ 12.0%2.5below the sector's middle half▼ 10.7%
above
within
below
the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.1m
Fixed assets
€1.7m ▼ 0.9%
Current assets
€412,362 ▼ 23.3%
Equity and liabilities €2.1m
Equity
€438,078 ▲ 6.0%
Provisions
€56,937 ▼ 3.1%
Debt
€1.6m ▼ 9.4%
Debt's share of the balance-sheet total falls from 78.7% to 76.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€182,281▲
2024 · €114,393
Cash flow
€122,009▲
2024 · €63,619
Quick ratio
1.50▲
2024 · 1.21
Debt to equity
3.62▼
2024 · 4.23
ROE
5.6%▲
2024 · -3.2%
Interest coverage
3.32▲
2024 · 2.07
Debt ≤ 1 year
€226,711▼
2024 · €343,491
Debt > 1 year
€1.4m▼
2024 · €1.4m
Income taxes
€7,124▲
2024 · €358
Staff costs
€116,376▲
2024 · €116,065
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,685 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 96.9% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
1.9%
stopped otherwise
96.9%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 4,685 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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €240,512 | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €19,004 | €105,068 | €114,462 | €116,065 | €116,376 | ▲ 0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €51,705 | €50,963 | €50,606 | €34,156 | €34,169 | €24,625 | €76,865 | €97,370 | ▲ 26.7% |
| Other operating charges640/8 | - | - | - | €24,402 | €27,382 | €22,118 | €23,378 | €26,122 | ▲ 11.7% |
| Gross operating margin9900 | €188,461 | €198,263 | €135,045 | €400,211 | €260,578 | €225,988 | €253,836 | €324,779 | ▲ 27.9% |
| Operating profit (loss)9901 | €46,682 | €46,773 | €46,527 | €322,648 | €93,959 | €64,783 | €37,527 | €84,910 | ▲ 126% |
| Financial income75/76B | - | - | - | €1,281 | €738 | €282 | €3,414 | - | - |
| Recurring financial income75 | €21 | €1 | €24 | €1,281 | €738 | €282 | €3,414 | - | - |
| Financial charges65/66B | - | - | - | €24,368 | €24,891 | €23,849 | €55,199 | €54,970 | ▼ 0.4% |
| Recurring financial charges65 | €36,749 | €36,020 | €24,282 | €24,368 | €24,891 | €23,849 | €55,199 | €54,970 | ▼ 0.4% |
| Profit (loss) for the period before taxes9903 | €9,954 | €10,754 | €22,268 | €299,562 | €69,806 | €41,216 | -€14,258 | €29,941 | - |
| Transfer from deferred taxes780 | - | - | - | - | - | - | €1,369 | €1,822 | ▲ 33.1% |
| Transfer to deferred taxes680 | - | - | - | €60,128 | - | - | - | - | - |
| Income taxes67/77 | €9,560 | €9,577 | €4,580 | €18,293 | €22,179 | €11,427 | €358 | €7,124 | ▲ 20× |
| Profit (loss) for the period9904 | €394 | €1,177 | €17,688 | €221,140 | €47,627 | €29,789 | -€13,247 | €24,639 | - |
| Transfer from tax-exempt reserves789 | - | - | - | - | - | - | €4,107 | €5,466 | ▲ 33.1% |
| Transfer to tax-exempt reserves689 | - | - | - | €180,384 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €394 | €1,177 | €17,688 | €40,756 | €47,627 | €29,789 | -€9,140 | €30,105 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.5m | €1.4m | €1.3m | €1.5m | €1.5m | €1.4m | €2.2m | €2.1m | ▼ 6.4% |
| Fixed assets21/28 | €1.1m | €1.0m | €1.0m | €0.7m | €0.6m | €0.6m | €1.7m | €1.7m | ▼ 0.9% |
| Tangible fixed assets22/27 | €1.1m | €1.0m | €1.0m | €0.7m | €0.6m | €0.6m | €1.7m | €1.7m | ▼ 0.9% |
| Land and buildings22 | - | - | - | €0.6m | €0.6m | €0.6m | €1.6m | €1.6m | ▲ 0.5% |
| Furniture and vehicles24 | - | - | - | €0.004m | €0.003m | €0.002m | €0.001m | €20 | ▼ 97.9% |
| Leasing and similar rights25 | - | - | - | €0.01m | - | - | €0.09m | €0.07m | ▼ 23.6% |
| Financial fixed assets28 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Current assets29/58 | €0.4m | €0.4m | €0.3m | €0.8m | €0.8m | €0.8m | €0.5m | €0.4m | ▼ 23.3% |
| Stocks and contracts in progress3 | €0.3m | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | €0.1m | €0.07m | ▼ 39.9% |
| Stocks30/36 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.07m | ▼ 39.9% |
| Amounts receivable within one year40/41 | €0.05m | €0.04m | €0.02m | €0.04m | €0.1m | €0.1m | €0.2m | €0.2m | ▲ 9.4% |
| Trade receivables40 | - | - | - | €0.04m | €0.1m | €0.1m | €0.02m | €0.02m | = |
| Other amounts receivable41 | - | - | - | €0.003m | €0.002m | €0.003m | €0.2m | €0.2m | ▲ 10.7% |
| Current investments50/53 | - | - | - | - | - | €0.3m | - | - | - |
| Cash at bank and in hand54/58 | €0.08m | €0.1m | €0.08m | €0.6m | €0.6m | €0.2m | €0.2m | €0.1m | ▼ 39.4% |
| Deferred charges and accrued income490/1 | - | - | - | €0.003m | €0.001m | €17 | €0.001m | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.5m | €1.4m | €1.3m | €1.5m | €1.5m | €1.4m | €2.2m | €2.1m | ▼ 6.4% |
| Equity10/15 | €0.1m | €0.1m | €0.1m | €0.3m | €0.4m | €0.4m | €0.4m | €0.4m | ▲ 6.0% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.03m | €0.03m | €0.03m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 2.7% |
| Non-distributable reserves130/1 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Legal reserve130 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Tax-exempt reserves132 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 3.1% |
| Distributable reserves133 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Profit (loss) carried forward14 | €0.02m | €0.02m | €0.04m | €0.08m | €0.1m | €0.2m | €0.1m | €0.2m | ▲ 20.6% |
| Provisions and deferred taxes16 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | ▼ 3.1% |
| Deferred taxes168 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | ▼ 3.1% |
| Amounts payable17/49 | €1.4m | €1.3m | €1.2m | €1.1m | €1.0m | €0.9m | €1.7m | €1.6m | ▼ 9.4% |
| Amounts payable after more than one year17 | €0.9m | €0.9m | €0.8m | €0.8m | €0.7m | €0.7m | €1.4m | €1.4m | ▼ 3.4% |
| Financial debts170/4 | - | - | - | €0.8m | €0.7m | €0.7m | €1.4m | €1.4m | ▼ 3.4% |
| Amounts payable within one year42/48 | €0.5m | €0.4m | €0.4m | €0.3m | €0.3m | €0.2m | €0.3m | €0.2m | ▼ 34.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.05m | €0.05m | €0.05m | €0.07m | €0.1m | ▲ 29.8% |
| Trade debts44 | €0.4m | €0.3m | €0.2m | €0.2m | €0.1m | €0.1m | €0.2m | €0.06m | ▼ 61.6% |
| Suppliers440/4 | - | - | - | €0.2m | €0.1m | €0.1m | €0.2m | €0.06m | ▼ 61.6% |
| Taxes, remuneration and social security45 | - | - | - | €0.03m | €0.04m | €0.03m | €0.009m | €0.008m | ▼ 9.0% |
| Taxes450/3 | - | - | - | €0.02m | €0.03m | €0.02m | - | - | - |
| Remuneration and social security454/9 | - | - | - | €0.008m | €0.006m | €0.008m | €0.009m | €0.008m | ▼ 9.0% |
| Other amounts payable47/48 | - | - | - | €0.09m | €0.07m | €0.06m | €0.09m | €0.06m | ▼ 37.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €394 | €0.001m | €0.02m | €0.2m | €0.05m | €0.03m | -€0.01m | €0.02m | - |
| + Depreciation and write-downs630 | €0.05m | €0.05m | €0.05m | €0.03m | €0.03m | €0.02m | €0.08m | €0.1m | ▲ 26.7% |
| Operating cash flow (approximation) | €0.05m | €0.05m | €0.07m | €0.3m | €0.08m | €0.05m | €0.06m | €0.1m | ▲ 91.8% |
| Investment in fixed assets (approximation) | - | -€0 | -€0.004m | €0.3m | -€0.001m | -€0.02m | -€1.1m | -€0.08m | ▲ 92.9% |
| Change in cash | - | €0.03m | -€0.03m | €0.6m | -€0.06m | -€0.3m | -€0.01m | -€0.09m | ▼ 652% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 24 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 28-08-2026 | 2026-00500556 |
| 31-12-2024 | full format | 09-09-2025 | 2025-00488637 |
| 31-12-2023 | full format | 30-08-2024 | 2024-00417685 |
| 31-12-2022 | full format | 31-08-2023 | 2023-00435640 |
| 31-12-2021 | full format | 03-08-2022 | 2022-20277067 |
| 31-12-2020 | full format | 24-08-2021 | 2021-52400158 |
| 31-12-2019 | full format | 29-10-2020 | 2020-64200592 |
| 31-12-2018 | full format | 30-08-2019 | 2019-62900292 |
| 31-12-2017 | micro format | 29-06-2018 | 2018-26100131 |
| 31-12-2016 | full format | 19-07-2017 | 2017-34000361 |
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Of the 6,396 active companies whose main activity is retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716), figures are known for 2,486. 1,507 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
under verification, last change in 2024
This board is reconstructed from a single act (24078346). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Board 3
ERKAN Feride
CurrentDirector · since 01-02-2024
GUNAY Christophe
CurrentDirector · since 01-02-2024
GUNAY Fehmi
CurrentDirector (not named in the articles)
Day-to-day management 1
GUNAY Fehmi
CurrentManaging director · since 01-02-2024
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
3 of this company's 6 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
4 people since 2023, 3 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| ERKAN Feride |
|
| GUNAY Christophe |
|
| GUNAY Fehmi |
|
| Gunay Christine |
|
Owners and capital
Capital and shareholders
Shareholders according to the deeds
Share transfer
act of 21-03-2023 ↗
- Gunay Christine to Gunay Christophe 10 shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 11-03-2024 Capital stated in the deed · €62,000 · 500 shares
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
Broking Insurance Credit and Consulting
via GUNAY Christophe · Director (not named in the articles)
→
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
financial year 2025 · full format · 28 days late
2025
31-12
Financial
Back to profitnet €24,639
Net result €24,639 after one loss-making year.
09-09
NBB filing
Annual accounts filed
financial year 2024 · full format · 40 days late
2024
31-12
Financial
Weakest financial yearnet -€13,247
Net result drops to -€13,247, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
financial year 2023 · full format · 30 days late
22-05
Gazette deed
Reappointments: GUNAY Fehmi, ERKAN Feride and GUNAY Christophe4 facts ▸
Gazette deed
Reappointments: GUNAY Fehmi, ERKAN Feride and GUNAY Christophe
4 facts ▸
- General meeting, 31-01-2024
- Director reappointment, GUNAY Fehmi (managing director)
- Director reappointment, ERKAN Feride (director)
- Director reappointment, GUNAY Christophe (director)
11-03
Gazette deed
Reappointments: GUNAY Fehmi, ERKAN Feride and GUNAY ChristopheAmendment of the articles · Capital · Registered office clause10 facts ▸
Gazette deed
Reappointments: GUNAY Fehmi, ERKAN Feride and GUNAY Christophe
Amendment of the articles · Capital · Registered office clause10 facts ▸
- General meeting
- Amendment of the articles (2 times)
- Capital, €62,000
- Director reappointment, GUNAY Fehmi (director (not named in the articles))
- Director reappointment, ERKAN Feride (director (not named in the articles))
- Director reappointment, GUNAY Christophe (director (not named in the articles))
- Director reappointment, GUNAY Fehmi (administrateur délégué à la gestion journalière)
- Registered office clause, “Région de Bruxelles-Capitale, 1000 Bruxelles, boulevard Adolphe Max”, 109 (deed in French)
- Power of attorney
- Power of attorney, Bernard DEWITTE
2023
31-08
NBB filing
Annual accounts filed
financial year 2022 · full format · 31 days late
21-03
Gazette deed
Resignation: Gunay Christine (director)Permanent representative: BLONDIAUX Thomma · Share transfer4 facts ▸
Gazette deed
Resignation: Gunay Christine (director)
Permanent representative: BLONDIAUX Thomma · Share transfer4 facts ▸
- General meeting, 26-12-2022
- Director resignation, Gunay Christine (director)
- Share transfer, Gunay Christine → Gunay Christophe
- Permanent representative, BLONDIAUX Thomma
2022
03-08
NBB filing
Annual accounts filed
financial year 2021 · full format · 3 days late
2021
31-12
Financial
Highest result from 2018 to 2025net €221,140 ▲1,150%
Operating result €322,648, net result €221,140, both a record.
31-12
Financial
Liquidity more than triplescurrent ratio 2.59
Current ratio from 0.85 to 2.59; short-term debt falls from €358,982 to €321,131.
Show earlier events
31-12
Financial
Equity above €200,000equity €349,270 ▲173%
A profit in every financial year since 2018 builds equity to €349,270.
24-08
NBB filing
Annual accounts filed
financial year 2020 · full format · 24 days late
2020
29-10
NBB filing
Annual accounts filed
financial year 2019 · full format · 90 days late
2019
30-08
NBB filing
Annual accounts filed
financial year 2018 · full format · 30 days late
2018
29-06
NBB filing
Annual accounts filed
financial year 2017 · micro format
2017
19-07
NBB filing
Annual accounts filed
financial year 2016 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 24 annual accounts filed, the latest 10 are here; all 24 are under Financials.
3 of 6 deeds read
About the unread acts
Of the 6 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Register details
Identification
Legal formPublic limited company
Founded14-06-2001
Financial year end31-12
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0474995241
Also
9925:BE0474995241
Registered
18-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2001
Ground area
232 m²
Building footprint
224 m²
Building volume
6,031 m³
Parcel 21802B0115/00F000, Brussels · tallest building 30.5 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ALFREDO DIFFUSION SA
since 2001unit no. 2.094.487.049
1 parcel
Brussels
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21802B0115/00F000 | Brussels | 232 m² | 1 · 224 m² | 30.5 m · 9 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L’importation, l’exportation, l’achat, la vente, tant en gros qu’au détail, la fabrication, la conception, la location, la représentation et…” (deed in French)
Text of the purpose (deed in French)
“L’importation, l’exportation, l’achat, la vente, tant en gros qu’au détail, la fabrication, la conception, la location, la représentation et le courtage de tout article d’habillement dans le sens large du terme, en textile et en cuir, de confection, de tissus, et notamment les vêtements et les chaussures, sacs et autres objets en maroquinerie, et tout accessoires vestimentaires”
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ALFREDO DIFFUSION
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, sièges administratifs, agences, ateliers, dépôts et succursales Belgique et étranger par simple décision…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Administrateur unique, cette partie du procès-verbal ou ce rapport figure dans son intégralité dans le rapport de gestion ou dans une pièce…” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Tuesday of June at 15:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Liquidation par liquidateurs nommés par assemblée générale, désignation liquidateurs” (deed in French)1 more provision on this in the deed