ALFA is a property company in Waasmunster. Public Limited, started on 20 June 1991, 1 establishment.

What is the address of ALFA?

The registered office of ALFA is located at Sousbeekstraat 116, 9250 Waasmunster.

Is ALFA still active?

Yes. According to the CBE (29 October 2026) ALFA is active, legal situation “Normale toestand”, started on 20 June 1991.

Is ALFA registered on Peppol?

Yes, ALFA is registered on the Peppol network with ID 0208:0444425987.

What is the enterprise number of ALFA?

The enterprise number of ALFA is BE0444425987.

When was ALFA founded?

ALFA was founded on 20 June 1991.

Who are the directors of ALFA?

According to the 2025 annual accounts, the directors of ALFA are: Maria Herscheid, A-IMMO BV.

Is ALFA a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 20 June 1991; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did ALFA make in 2025?

ALFA posted a profit after taxes of € 269,747 in financial year 2025.

What is the revenue of ALFA?

As a small company, ALFA is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,134,155.

How many employees does ALFA have?

According to the 2025 annual accounts, ALFA has 0.1 full-time equivalents (FTE).

ALFA (Public Limited) - Waasmunster - BE0444425987

Dossier ALFA, printed on 29 October 2026 from databakkes.be/en/0444425987/alfa. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

ALFA from Waasmunster, company number BE0444425987, closed financial year 2025 with a result of € 269,747 after tax. For that financial year ALFA recorded a gross margin of € 1.1 million and equity of € 3.4 million. Compared with financial year 2024, the result moved from € 219,703 to € 269,747. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.

What it is worth Growing

€ 3.4 million

▲ 9% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 269,747

▲ 23% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.7 million

▲ € 1.6 million vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 3.2 million.

People and assets in 2025

Full-time equivalents

0.1

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 2,794

▲ 156% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 203,056

▲ 241% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 12 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 12.8 million

▲ 66% vs 2024

€ 1.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.

Owed to suppliers

€ 1.1 million

▲ € 998,521 vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 21,415

▲ 234% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,232,985 Gross margin 2022: € 1,232,985 First fiscal year in the series	€ 1,331,253 Gross margin 2023: € 1,331,253 ▲ 8% vs 2022 (€ 1,232,985) Favourable step	€ 1,099,819 Gross margin 2024: € 1,099,819 ▼ 17% vs 2023 (€ 1,331,253) Unfavourable step	€ 1,134,155 Gross margin 2025: € 1,134,155 ▲ 3% vs 2024 (€ 1,099,819) Favourable step	▲ 3%
Profit after taxes	€ 323,913 Profit after taxes 2022: € 323,913 First fiscal year in the series	€ 317,684 Profit after taxes 2023: € 317,684 ▼ 2% vs 2022 (€ 323,913) Unfavourable step	€ 219,703 Profit after taxes 2024: € 219,703 ▼ 31% vs 2023 (€ 317,684) Unfavourable step	€ 269,747 Profit after taxes 2025: € 269,747 ▲ 23% vs 2024 (€ 219,703) Favourable step	▲ 23%
Equity	€ 2,222,766 Equity 2022: € 2,222,766 First fiscal year in the series	€ 2,957,528 Equity 2023: € 2,957,528 ▲ 33% vs 2022 (€ 2,222,766) Favourable step	€ 3,167,748 Equity 2024: € 3,167,748 ▲ 7% vs 2023 (€ 2,957,528) Favourable step	€ 3,437,496 Equity 2025: € 3,437,496 ▲ 9% vs 2024 (€ 3,167,748) Favourable step	▲ 9%
Total debts	€ 10,399,926 Total debts 2022: € 10,399,926 First fiscal year in the series	€ 11,220,283 Total debts 2023: € 11,220,283 ▲ 8% vs 2022 (€ 10,399,926) Unfavourable step	€ 11,422,890 Total debts 2024: € 11,422,890 ▲ 2% vs 2023 (€ 11,220,283) Unfavourable step	€ 17,301,917 Total debts 2025: € 17,301,917 ▲ 51% vs 2024 (€ 11,422,890) Unfavourable step	▲ 51%
Cash	€ 55,637 Cash 2022: € 55,637 First fiscal year in the series	€ 113,936 Cash 2023: € 113,936 ▲ 105% vs 2022 (€ 55,637) Favourable step	€ 64,962 Cash 2024: € 64,962 ▼ 43% vs 2023 (€ 113,936) Unfavourable step	€ 1,680,869 Cash 2025: € 1,680,869 ▲ € 1.6 million vs 2024 (€ 64,962) Favourable step	▲ € 1.6 million
Land & buildings	€ 12,084,116 Land & buildings 2022: € 12,084,116 First fiscal year in the series	€ 13,640,938 Land & buildings 2023: € 13,640,938 ▲ 13% vs 2022 (€ 12,084,116) Unchanged	€ 13,848,993 Land & buildings 2024: € 13,848,993 ▲ 2% vs 2023 (€ 13,640,938) Unchanged	€ 13,317,584 Land & buildings 2025: € 13,317,584 ▼ 4% vs 2024 (€ 13,848,993) Unchanged	▼ 4%
Retained profit	€ 2,103,671 Retained profit 2022: € 2,103,671 First fiscal year in the series	€ 2,671,528 Retained profit 2023: € 2,671,528 ▲ 27% vs 2022 (€ 2,103,671) Favourable step	€ 2,881,748 Retained profit 2024: € 2,881,748 ▲ 8% vs 2023 (€ 2,671,528) Favourable step	€ 3,151,496 Retained profit 2025: € 3,151,496 ▲ 9% vs 2024 (€ 2,881,748) Favourable step	▲ 9%
Bank debt	€ 8,471,956 Bank debt 2022: € 8,471,956 First fiscal year in the series	€ 7,691,862 Bank debt 2023: € 7,691,862 ▼ 9% vs 2022 (€ 8,471,956) Favourable step	€ 7,741,661 Bank debt 2024: € 7,741,661 ▲ 1% vs 2023 (€ 7,691,862) Unfavourable step	€ 12,825,921 Bank debt 2025: € 12,825,921 ▲ 66% vs 2024 (€ 7,741,661) Unfavourable step	▲ 66%
Balance sheet total	€ 12,622,692 Balance sheet total 2022: € 12,622,692 First fiscal year in the series	€ 14,244,423 Balance sheet total 2023: € 14,244,423 ▲ 13% vs 2022 (€ 12,622,692) Unchanged	€ 14,654,704 Balance sheet total 2024: € 14,654,704 ▲ 3% vs 2023 (€ 14,244,423) Unchanged	€ 20,800,933 Balance sheet total 2025: € 20,800,933 ▲ 42% vs 2024 (€ 14,654,704) Unchanged	▲ 42%
Employees (FTE)	-	0 Employees (FTE) 2023: 0 First fiscal year in the series	0 Employees (FTE) 2024: 0 Unchanged (0) Unchanged	0.1 Employees (FTE) 2025: 0.1 Unchanged (0) Unchanged

Key figures of ALFA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to ALFA?

What happened at ALFA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2030 A-IMMO BV stepped down as director. NBB
2027 Maria Herscheid stepped down as director. NBB
Jun 26, 2026 New annual accounts for financial year 2025: profit of € 269,747 (▲ 23% vs 2024). Source: NBB ↗
2024 A-IMMO BV became a director. NBB
2021 Maria Herscheid became a director. NBB
Feb 19, 1993 New establishment in Waasmunster. KBO
Jun 20, 1991 Start of the company according to the CBE. KBO

In short

From € 323,913 profit in 2022 to € 269,747 profit in 2025.

Paid € 296,256 in corporate taxes since 2022.

Best year ever: 2022, with € 323,913 profit.

Original PDFs at the National Bank ↗

Management

A-IMMO 100%

The stake of A-IMMO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

ALFA

The shares are held by A-IMMO (100%).

Directors

According to the 2025 annual accounts

Maria Herscheid

Director

since 2021 · until 2027

A-IMMO BV

Director · represented by Luc Van Raemdonck

since 2024 · until 2030

Shareholders

A-IMMO

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Sousbeekstraat 116

9250 Waasmunster

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

A-IMMO same network

€ 11,884 gross margin · 2025

GR20

€ -9,299 gross margin · 2025

GOUDA

Hartmann

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0444.425.987
VAT number: BE 0444.425.987
Registered office: Sousbeekstraat 116, 9250 Waasmunster
Names & denominations: ALFA
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 20 June 1991
Peppol: Active · Active since 5 Nov 2025
Activities · NACE: Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

View on CBE Public ↗ Annual accounts (NBB) ↗