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ALPHA FOODS

Active
Private limited companyfounded 2020active for 6 yearsNijverheidslaan 3, 8560 Wevelgem, BelgiumKBO/BCE: BE 0745.397.092
Summary

ALPHA FOODS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. For ALPHA FOODS, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €1.5m and a net result of €1.4m, of which €2.4m non-recurring income. Equity is shrinking by about 24% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 14% of 2,776 sector peers (NACE 64, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

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ALPHA FOODSActive
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Overview

Activity
Activities of holding companies
NACE 64210
1 site
Size
€21.6mturnover 2024
Staff
0.8 FTE
Equity
€1.5m
Profit
€1.4m
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
Parent
SYLPHAR · 100%
  • BRANDRACERDirector · permanent representative Geert Cools
  • CITINIDirector · permanent representative Matthias Deconinck
2025 accounts not filed, 87 days past the deadline6 of 12 deeds summarised
Signalsraises riskWeak solvency vs sectorAnnual accounts not filed2024 accounts filed 120 days lateShow the evidence

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: One filing cycle is missing
Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

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Signals

Three signals.
raises risk
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 2776 sector peers (2024).
NBB · sector comparison
Position among 2776 sector peers
Solvency
better than 14%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 87 days later.
NBB · 5 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline26-10-2026 today
raises risk · 2024 accounts filed 120 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-11-2025, 120 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 5 filings
Deviation from the deadline
2025
not filed
2024
120 days late
2023
236 days late
2022
161 days late
2022
79 days late
2021
15 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 122 days after the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignations: Christoffer Lorenzen (class A director)…Appointments: Citini BV (class A…
  2. MiscellaneousCapital increase · Capital contribution…
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Caution: Board changedlatest change 10-03-2026 · 2 in office 2 joined · 2 left View
  • Positive: Back in profit in 2024after -€7.6m in 2023 €1.4m View
  • Caution: Among the weakest 15% on solvencysector median 57.4% · 2,776 companies 11.9% View
  • Caution: 2025 accounts not fileddeadline was 31-07-2026 87 days past the deadline View
  • Controlled by SYLPHARultimately: Karo Healthcare AB 100% View

By topic

Financials

Financial year
2024
Turnover
€21.6m
Profit
€1.4m
Solvency
11.9%
Turnover▼ 0.7%
Net result
20212024
Go to Financials

Timeline

Events
15
Since
2021
  1. 24-03-2025Annual accounts filed
  2. 31-12-2024Back to profit
  3. 31-12-2024Liquidity more than triples
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Activities of holding companiesNACE 64210
Founded
13-03-2020
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about ALPHA FOODS

What is the company number of ALPHA FOODS?
0745.397.092. In Belgium the VAT number is the company number with BE in front: BE 0745.397.092.
Where is ALPHA FOODS based?
The registered office is at Nijverheidslaan 3, 8560 Wevelgem.Company details
What does ALPHA FOODS do?
According to the KBO register, the main activity is activities of holding companies (NACE 64210).
What is the legal form of ALPHA FOODS?
Private limited company (BV).
When was ALPHA FOODS founded?
On 13-03-2020.
Is ALPHA FOODS still active?
Yes, ALPHA FOODS is an active enterprise in the KBO register.
How many employees does ALPHA FOODS have?
On average 0.8 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of ALPHA FOODS?
€21.6m in financial year 2024, according to the filed annual accounts.
Is ALPHA FOODS profitable?
In financial year 2024, ALPHA FOODS made a profit of €1.4m.
Where can I find the annual accounts of ALPHA FOODS?
ALPHA FOODS filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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