ALMAFI
ActiveALMAFI has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €90k and a net result of €28k. Equity is growing by ~33.8% per year across the filed fiscal years. Its solvency ranks better than 69% of 1522 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
76
/ 100
Excellent▲ +20 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+30
Solvency68▲+20
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.73 against 0.49 in 2024), and 46.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
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
53.8%
Return on assets
16.8%
Age of the figures
8 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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
14 d early
2023
21 d early
2022
4 d early
2021
4 d early
2020
24 d late
2019
45 d late
← before the deadline
after the deadline →
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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€0
2021 · €0
2018: €0
2019: €0
2020: €0
2021: €0
2018 → 2022
Total assets
€167k▲ 3.4%
2024 · €161k
2018: €28k
2019: €45k
2020: €24k
2021: €39k
2022: €120k
2023: €150k
2024: €161k
2018 → 2025
Net result
€28k▲ 224%
2024 · €9k
2018: €11k
2019: €6k
2020: €-422
2021: €13k
2022: €12k
2023: €13k
2024: €9k
2018 → 2025
Working capital
€-21k▲ 59.2%
2024 · €-51k
2018: €4k
2019: €5k
2020: €-973
2021: €14k
2022: €-49k
2023: €-60k
2024: €-51k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€0-€0
Equity€28k-€40k▲ 43.5%€53k▲ 33.4%€62k▲ 16.2%€90k▲ 45.3%
Operating result€13k-€13k▼ 0.8%€13k▲ 0.4%€12k▼ 6.2%€38k▲ 207%
Net result€13k-€12k▼ 8.1%€13k▲ 10.1%€9k▼ 35.1%€28k▲ 224%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 207% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €157k
Fixed assets
€100k▼ 0.4%
Current assets
€56k▲ 16.1%
Equity and liabilities €167k
Equity
€90k▲ 45.3%
Debt
€77k▼ 22.6%
The debt ratio falls from 61.7% to 46.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€42k▲
2024 · €16k
Cash flow
€31k▲
2024 · €12k
Solvency
53.8%▲
2024 · 38.3%
Current ratio
0.73▲
2024 · 0.49
Quick ratio
0.73▲
2024 · 0.48
Debt / equity
0.86▼
2024 · 1.61
ROE
31.2%▲
2024 · 14.0%
ROA
16.8%▲
2024 · 5.3%
Interest coverage
36.66▲
2024 · 15.84
Debt
€77k▼
2024 · €99k
Debt ≤ 1 year
€77k▼
2024 · €99k
Income taxes
€9k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€161k€167k▲
Formation expenses20€12k€10k▼
Fixed assets21/28€101k€100k▼
Tangible fixed assets22/27€101k€100k▼
Land and buildings22€99k€99k=
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€0€0=
Current assets29/58€48k€56k▲
Stocks and contracts in progress3€513€349▼
Stocks30/36€513€349▼
Amounts receivable within one year40/41€13k€4k▼
Trade receivables40€343€61▼
Other amounts receivable41€12k€4k▼
Cash at bank and in hand54/58€34k€52k▲
Deferred charges and accrued income490/1€748€0▼
Equity and liabilities
Total equity and liabilities10/49€161k€167k▲
Equity10/15€62k€90k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€41k€69k▲
Amounts payable17/49€99k€77k▼
Amounts payable within one year42/48€99k€77k▼
Trade debts44€5k€24k▲
Suppliers440/4€5k€24k▲
Taxes, remuneration and social security45€6k€22k▲
Taxes450/3€6k€12k▲
Remuneration and social security454/9-€10k
Other amounts payable47/48€89k€31k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€846€833▼
Gross operating margin9900€17k€42k▲
Operating profit (loss)9901€12k€38k▲
Financial income75/76B€1€1▲
Recurring financial income75€1€1▲
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€11k€37k▲
Income taxes67/77€3k€9k▲
Profit (loss) for the period9904€9k€28k▲
Profit (loss) for the period to be appropriated9905€9k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€41k€69k▲
Profit (loss) brought forward from the previous period14P€33k€41k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €28k ▲224%
Operating result €38k, net result €28k, both a record.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.22
Current ratio from 0.89 to 2.22.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial
Weakest financial yearnet €-422 ▼107%
Net result drops to €-422, the lowest in the series; recovery starts the following year.
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 45 days late
2019
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 8 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Liège · 2 establishment units since 1997
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue des Houblonnières 164020 LiègeGround area
302 m²
Building footprint
66 m²
Parcel 62806C0482/00K002, Wallonia. Linked by address, not a title deed.
2 establishment units
LES RAVIOLES DE FROIDMONT
since 19972.038.116.884
Rue des Houblonnières 16, 4020 Liège
since 20172.263.656.534
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62806C0482/00K002 | Wallonia | 302 m² | 1 · 66 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
Food safety, FASFC
1 siteLiège2.038.116.884
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Of 506 companies in sector 10711 we hold annual accounts for 325. 226 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-04-1988
Fiscal year end31-12
Activities, NACEBEL
10711Manufacture of food products
46381Wholesale trade
47512Retail sale of household textiles and bedding
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.