ACTIVE

ALFA

Financial year 2025 · closed on 31/12/2025
Net result
269,7 k €
+22.8% YoY
Gross margin
1,1 M €
+3.1% YoY
Equity
3,4 M €
+8.5% YoY
Workforce
0,1 ETP

What does ALFA do?

ALFA is a Public limited company incorporated in 1991. Its registered office is in Waasmunster. It employs on average 0,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0444.425.987
Incorporation
20/06/1991
Legal form
Public limited company
Registered office
Sousbeekstraat 116
9250 Waasmunster · FlandreSee on map
Contributed capital
286 000,00 €
Latest accounts
31/12/2025
Average workforce
0,1 ETP
Joint committees (3)
  • 100
  • 218
  • 323
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120192018201720162015201420132012201120102009200820072006
Income statement
Gross margin1,1 M €1,1 M €1,3 M €1,2 M €925,9 k €666,8 k €614,4 k €732,9 k €658,5 k €516,7 k €577,7 k €1,1 M €813,1 k €561,1 k €444,9 k €174,3 k €39,8 k €43,5 k €40,8 k €
EBITDA1 M €1 M €1,2 M €1,1 M €862,1 k €611,5 k €555,7 k €678,2 k €625,4 k €479,1 k €279,3 k €568,4 k €476,5 k €296,2 k €245,1 k €65,6 k €38,3 k €42 k €40,2 k €
Operating result446,9 k €430,3 k €690,4 k €555,3 k €281,5 k €279,5 k €244,7 k €385,6 k €336,5 k €182 k €138,7 k €384,2 k €453,8 k €240,5 k €196,1 k €65,6 k €38,3 k €42 k €-41,2 k €
Net result269,7 k €219,7 k €317,7 k €323,9 k €137,2 k €119,8 k €60,7 k €209,5 k €172,3 k €95,2 k €47,3 k €201,5 k €239,2 k €1,2 M €124,4 k €799,2 k €502,6 k €568 k €-42,7 k €
Balance sheet
Equity3,4 M €3,2 M €3 M €2,2 M €1,9 M €1,7 M €1,5 M €1,5 M €1,4 M €1,3 M €1,2 M €1,1 M €1,8 M €1,5 M €2,9 M €2,8 M €2,1 M €1,9 M €1,4 M €
Total assets20,8 M €14,7 M €14,2 M €12,6 M €13,2 M €8,5 M €6,9 M €7 M €7,1 M €7,4 M €4,8 M €4,6 M €5,1 M €5,5 M €4,4 M €3,9 M €3,9 M €3 M €3,1 M €
Cash1,7 M €65 k €113,9 k €55,6 k €179,8 k €78,5 k €68,3 k €47,3 k €104 k €126,8 k €37,4 k €411,4 k €8,8 k €87,4 k €70,3 k €82,2 k €50,5 k €25 k €27,1 k €
Debts17,2 M €11,3 M €11 M €10,3 M €11,2 M €6,8 M €5,3 M €5,5 M €5,8 M €6,1 M €3,6 M €3,4 M €3,3 M €4 M €1,5 M €1,1 M €1,8 M €1,1 M €1,7 M €
Other
Workforce0,1 ETP0,0 ETP0,0 ETP6,3 ETP6,4 ETP8,0 ETP6,4 ETP4,4 ETP2,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 14 ended

Active mandates

A-IMMO

Director · since 31 mai 2024 · until 31 mai 2030 · 0645.944.279

Represented by Luc Van Raemdonck

Active
Maria Herscheid

Director · since 01 juillet 2021 · until 01 juillet 2027

Active

Ended mandates

A-IMMO

Director · since 14 décembre 2023 · until 14 décembre 2029 · 0645.944.279

Represented by Van RAEMDONCK LUC

Ended
Maria Herscheid

Director · since 14 décembre 2023 · until 14 décembre 2029

Ended
Maria Herscheid

Director · since 01 juillet 2021

Ended
A-IMMO

Managing director · since 25 mai 2018 · until 25 mai 2024 · 0645.944.279

Represented by Van RAEMDONCK LUC

Ended
At this address

Other companies at this address

CompanyCBE no.
A-IMMOActive
0645.944.279
GOUDAActive
0760.465.548
HartmannActive
0793.702.401
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/06/202614/05/202525/06/202425/07/202330/06/202227/08/2021
General meeting26/06/202614/05/202524/05/202430/06/202327/05/202228/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202626/06/2026DutchPDF
Abridged model31/12/202414/05/202514/05/2025DutchPDF
Abridged model31/12/202324/05/202425/06/2024DutchPDF
Abridged model31/12/202230/06/202325/07/2023DutchPDF
Abridged model31/12/202127/05/202230/06/2022DutchPDF
Abridged model31/12/202028/05/202127/08/2021DutchPDF
Abridged model31/12/201929/05/202024/06/2020DutchPDF
Abridged model31/12/201831/05/201928/06/2019DutchPDF
Abridged model31/12/201725/05/201818/06/2018DutchPDF
Abridged model31/12/201626/05/201721/06/2017DutchPDF
Abridged model31/12/201527/05/201630/06/2016DutchPDF
Abridged model31/12/201429/05/201518/06/2015DutchPDF
Abridged model31/12/201330/05/201419/06/2014DutchPDF
Abridged model31/12/201231/05/201325/07/2013DutchPDF
Abridged model31/12/201125/05/201211/06/2012DutchPDF
Abridged model31/12/201027/05/201101/06/2011DutchPDF
Abridged model31/12/200928/05/201028/05/2010DutchPDF
Abridged model31/12/200829/05/200929/06/2009DutchPDF
Abridged model31/12/200730/05/200802/06/2008DutchPDF
Abridged model31/12/200625/05/200718/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 14 ended

Active mandates

A-IMMO

Director · since 31 mai 2024 · until 31 mai 2030 · 0645.944.279

Represented by Luc Van Raemdonck

Active
Maria Herscheid

Director · since 01 juillet 2021 · until 01 juillet 2027

Active

Ended mandates

A-IMMO

Director · since 14 décembre 2023 · until 14 décembre 2029 · 0645.944.279

Represented by Van RAEMDONCK LUC

Ended
Maria Herscheid

Director · since 14 décembre 2023 · until 14 décembre 2029

Ended
Maria Herscheid

Director · since 01 juillet 2021

Ended
A-IMMO

Managing director · since 25 mai 2018 · until 25 mai 2024 · 0645.944.279

Represented by Van RAEMDONCK LUC

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other06/06/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office24/02/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates16/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring09/02/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Restructuring08/11/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates25/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025269,7 k €
  2. 2024
    Annual accounts 2024219,7 k €
  3. 2023
    Annual accounts 2023317,7 k €
  4. 2022
    Annual accounts 2022323,9 k €
  5. 2021
    Annual accounts 2021137,2 k €
  6. 2019
    Annual accounts 2019119,8 k €
  7. 2018
    Annual accounts 201860,7 k €
  8. 2017
    Annual accounts 2017209,5 k €
  9. 2016
    Annual accounts 2016172,3 k €
  10. 2015
    Annual accounts 201595,2 k €
  11. 2014
    Annual accounts 201447,3 k €
  12. 2013
    Annual accounts 2013201,5 k €
  13. 2012
    Annual accounts 2012239,2 k €
  14. 2011
    Annual accounts 20111,2 M €
  15. 2010
    Annual accounts 2010124,4 k €
  16. 2009
    Annual accounts 2009799,2 k €
  17. 2008
    Annual accounts 2008502,6 k €
  18. 2007
    Annual accounts 2007568 k €
  19. 2006
    Annual accounts 2006-42,7 k €
  20. 20/06/1991
    IncorporationPublic limited company