Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
ALFA-MI from Menen, company number BE0547614884, closed financial year 2025 with a result of € 22,730 after tax. For that financial year ALFA-MI recorded a gross margin of € 194,156 and equity of € 179,054. Compared with financial year 2024, the result moved from € 39,118 to € 22,730. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 179,054
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 22,730
▼ 42% vs 2024
Profit after tax over the fiscal year.
€ 7,312
▼ 89% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 60,454.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 1.8 million
▲ 14% vs 2024
€ 111,506 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 31,165
▼ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,450
▼ 4% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 117,184 | € 164,294 | € 162,825 | € 194,156 | ▲ 19% |
| Profit after taxes | € -56,135 | € 76,222 | € 39,118 | € 22,730 | ▼ 42% |
| Equity | € 40,985 | € 117,206 | € 156,324 | € 179,054 | ▲ 15% |
| Total debts | € 2,667,585 | € 2,640,268 | € 2,549,476 | € 2,969,882 | ▲ 16% |
| Cash | € 63,866 | € 191,856 | € 67,792 | € 7,312 | ▼ 89% |
| Land & buildings | € 2,173,491 | € 2,286,361 | € 2,389,112 | € 2,878,187 | ▲ 20% |
| Retained profit | € -77,615 | € -1,394 | € 37,724 | € 60,454 | ▲ 60% |
| Bank debt | € 1,789,167 | € 1,695,130 | € 1,600,130 | € 1,826,616 | ▲ 14% |
| Balance sheet total | € 2,708,569 | € 2,757,474 | € 2,705,800 | € 3,148,936 | ▲ 16% |
Key figures of ALFA-MI, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to ALFA-MI?
What happened at ALFA-MI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 22,730 (▼ 42% vs 2024). Source: NBB ↗
- Isabelle Coussens became a director. NBB
- Poulco BV became a director. NBB
- Nugget BV became a director. NBB
- Monique Hoflack stepped down as director. NBB
- Paul Coussens stepped down as director. NBB
- Monique Hoflack became a director. NBB
- Paul Coussens became a director. NBB
In short
From € 56,135 loss in 2022 to € 22,730 profit in 2025.
Best year ever: 2023, with € 76,222 profit.
Management
The stake of PHAROS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ALFA-MIBehind ALFA-MI are Isabelle Coussens, Poulco BV and Nugget BV. The shares are held by PHAROS (100%).
Directors
According to the 2025 annual accounts
since 2025
Director · represented by Francis Coussens
Also active at: THE FARMCHIX COMPANY, HOFKIP & CO, PHAROS, DOMUS CLAVIS
since 2025
Director · represented by Alexander Coussens
Also active at: THE FARMCHIX COMPANY, HOFKIP & CO, PHAROS, DOMUS CLAVIS
since 2025
since 2021 · until 2025
since 2021 · until 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrielaan 31
8930 Menen
Populierstraat 122
8800 Roeselare
Active since 3 March 2014
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0547.614.884
- VAT number
- BE 0547.614.884
- Registered office
- Industrielaan 31, 8930 Menen
- Names & denominations
- ALFA-MI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 March 2014
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
Handel in eigen onroerend goed
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
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