ACTIVE

Al-Fa Projects

Financial year 2025 · closed on 30/09/2025
Net result
-3,8 k €
-229.1% YoY
Gross margin
-3,2 k €
-166.2% YoY
Equity
-21,8 k €
-21.1% YoY

What does Al-Fa Projects do?

Al-Fa Projects is a Private limited company incorporated in 2009. Its main activity is: Building completion and finishing. Its registered office is in Ninove.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0817.547.969
Incorporation
04/08/2009
Legal form
Private limited company
Registered office
Nijverheidslaan 34
9400 Ninove · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/09/2025
Joint committees (3)
  • 130
  • 200
  • 218
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172016201520142013201220112010
Income statement
Gross margin-3,2 k €4,8 k €12,1 k €23,1 k €20,9 k €916 €201 €8 k €25,1 k €40 k €45,6 k €58,2 k €40,1 k €73,3 k €69,8 k €30,1 k €
EBITDA-3,4 k €4,5 k €11,8 k €22,8 k €20,5 k €742 €-1,8 k €-31,4 k €738 €12,8 k €13 k €23,1 k €-18,1 k €23,4 k €23,5 k €-16,3 k €
Operating result-3,6 k €4,3 k €11,7 k €22,8 k €20,5 k €742 €-1,8 k €-32,2 k €-878 €6,7 k €6,6 k €16,1 k €-32 k €6,7 k €12 k €-28,9 k €
Net result-3,8 k €3 k €8,3 k €16,5 k €15,3 k €700 €-1,4 k €-37,1 k €-3,7 k €2,5 k €1,8 k €11,6 k €-35,1 k €4,2 k €10,6 k €-33,7 k €
Balance sheet
Equity-21,8 k €-18 k €-21 k €-29,3 k €-45,8 k €-61,2 k €-61,9 k €-60,5 k €-23,4 k €-19,7 k €-22,1 k €-23,9 k €-35,5 k €-379 €-16,9 k €-27,5 k €
Total assets2,7 k €16,6 k €29,1 k €34,7 k €40 k €7,8 k €1,6 k €16,2 k €44,6 k €52,3 k €50,6 k €60,6 k €67 k €100,4 k €83,4 k €75,9 k €
Cash836,8 €7,6 k €883 €7,4 k €8,4 k €1 k €11,4 k €270 €1,1 k €2,5 k €635 €2,6 k €2,1 k €95 €1,6 k €
Debts24,6 k €34,6 k €50,1 k €64 k €85,8 k €69 k €63,5 k €76,7 k €67,9 k €72 k €72,7 k €84,6 k €102,5 k €100,8 k €100,4 k €103,4 k €
Other
Workforce0,8 ETP0,8 ETP0,8 ETP1,3 ETP1,5 ETP1,8 ETP1,1 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 30/09/2025 · 2 active · 2 ended

Active mandates

Ali Ekseri

Director · since 16 juillet 2019

Active
Fatih Demir

Director · since 16 juillet 2019

Active

Ended mandates

Rik Van Impe

Director · since 04 août 2005 · until 15 juillet 2019

Ended
Rik Van Impe

Manager · since 04 août 2005

Ended
At this address

Other companies at this address

CompanyCBE no.
ClickRActive
1020.098.025
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/04/202624/04/202530/04/202428/04/202329/04/202229/04/2021
General meeting20/03/202621/03/202515/03/202417/03/202318/03/202219/03/2021
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202520/03/202627/04/2026DutchPDF
Micro model30/09/202421/03/202524/04/2025DutchPDF
Micro model30/09/202315/03/202430/04/2024DutchPDF
Micro model30/09/202217/03/202328/04/2023DutchPDF
Micro model30/09/202118/03/202229/04/2022DutchPDF
Micro model30/09/202019/03/202129/04/2021DutchPDF
Micro model30/09/201914/03/202029/04/2020DutchPDF
Micro model30/09/201815/03/201902/05/2019DutchPDF
Micro model30/09/201716/03/201824/04/2018DutchPDF
Abridged model30/09/201617/03/201727/04/2017DutchPDF
Abridged model30/09/201518/03/201631/03/2016DutchPDF
Abridged model30/09/201420/03/201531/03/2015DutchPDF
Abridged model30/09/201331/03/201428/04/2014DutchPDF
Abridged model30/09/201217/03/201330/05/2013DutchPDF
Abridged model30/09/201116/03/201226/04/2012DutchPDF
Abridged model30/09/201030/03/201129/04/2011DutchPDF
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 30/09/2025 · 2 active · 2 ended

Active mandates

Ali Ekseri

Director · since 16 juillet 2019

Active
Fatih Demir

Director · since 16 juillet 2019

Active

Ended mandates

Rik Van Impe

Director · since 04 août 2005 · until 15 juillet 2019

Ended
Rik Van Impe

Manager · since 04 août 2005

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/06/2020
    BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates07/08/2019
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office22/05/2013
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other14/08/2009
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025-3,8 k €
  2. 2024
    Annual accounts 20243 k €
  3. 2023
    Annual accounts 20238,3 k €
  4. 2022
    Annual accounts 202216,5 k €
  5. 2022
    Name changeAl-Fa Projects bv
  6. 2021
    Annual accounts 202115,3 k €
  7. 2021
    Name changePubli Van Impe
  8. 2020
    Annual accounts 2020700 €
  9. 2019
    Annual accounts 2019-1,4 k €
  10. 2018
    Annual accounts 2018-37,1 k €
  11. 2017
    Annual accounts 2017-3,7 k €
  12. 2016
    Annual accounts 20162,5 k €
  13. 2015
    Annual accounts 20151,8 k €
  14. 2014
    Annual accounts 201411,6 k €
  15. 2013
    Annual accounts 2013-35,1 k €
  16. 2012
    Annual accounts 20124,2 k €
  17. 2011
    Annual accounts 201110,6 k €
  18. 2010
    Annual accounts 2010-33,7 k €
  19. 04/08/2009
    IncorporationPrivate limited company