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 47 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
ALPHA FOODS from Wevelgem, company number BE0745397092, closed financial year 2024 with a result of € 1.4 million after tax. For that financial year ALPHA FOODS recorded revenue of € 21.6 million and equity of € 1.5 million. Compared with financial year 2023, the result moved from € -7.6 million to € 1.4 million. Profitable, and profit is growing. 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 November 28, 2025.
€ 1.5 million
▲ € 5.6 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.4 million
▲ still € 7.6 million loss in 2023
Profit after tax over the fiscal year.
€ 423,832
▼ 75% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -6.3 million.
People and assets in 2024
0.8
▼ 0.8 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 41,555
▼ 60% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 7,658
▲ € 6,165 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 8.2 million
▼ 68% vs 2023
Loans from banks and other lenders, long and short.
€ 2.9 million
▼ 11% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 53 days on average.
€ 270,098
▼ 37% vs 2023
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Revenue | € 21,750,197 | € 21,587,731 | ▼ 1% |
| Profit after taxes | € -7,635,551 | € 1,382,318 | ▲ € 9 million |
| Equity | € -4,103,366 | € 1,528,952 | ▲ € 5.6 million |
| Total debts | € 29,279,442 | € 11,370,835 | ▼ 61% |
| Cash | € 1,728,122 | € 423,832 | ▼ 75% |
| Retained profit | € -7,659,366 | € -6,277,048 | ▲ € 1.4 million |
| Bank debt | € 25,390,140 | € 8,158,505 | ▼ 68% |
| Balance sheet total | € 25,176,076 | € 12,899,787 | ▼ 49% |
| Employees (FTE) | 1.6 | 0.8 | ▼ 0.8 |
Key figures of ALPHA FOODS, fiscal years 2023 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to ALPHA FOODS?
What happened at ALPHA FOODS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Egil MADSEN stepped down as director. NBB
- Christoffer LORENZEN stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 1.4 million. filed late Source: NBB ↗
- Jon Sebastian JONSSON stepped down as director. NBB
- Egil MADSEN became a director. NBB
- Wolfgang Johannes Director stepped down as director. NBB
- Wolfgang Johannes Director became a director. NBB
- Jon Sebastian JONSSON became a director. NBB
In short
From € 7.6 million loss in 2023 to € 1.4 million profit in 2024.
Paid € 3,742 in corporate taxes since 2023.
Best year ever: 2024, with € 1.4 million profit.
Pays suppliers within 53 days on average.
Management
The shares are held by Sylphar NV (100%).
Directors
According to the 2024 annual accounts
Wolfgang Johannes Director
Director
since 2022 · until 2024
Jon Sebastian JONSSON
Director
since 2022 · until 2024
since 2024 · until 2030
since 2022 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nijverheidslaan 3
8560 Wevelgem
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
- 0745.397.092
- VAT number
- BE 0745.397.092
- Registered office
- Nijverheidslaan 3, 8560 Wevelgem
- Names & denominations
- ALPHA FOODS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 March 2020
- Peppol
- Active · Active since 6 Feb 2026
- Activities · NACE
Activiteiten van holdings
Holdings