Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ALSTEF from Elsene, company number BE0795850950, closed financial year 2025 with a result of € -3,830 after tax. For that financial year ALSTEF recorded a gross margin of € -2,833 and equity of € -10,691. Compared with financial year 2024, the result moved from € -4,868 to € -3,830. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -10,691
▼ € 3,830 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,830
▲ 21 % less loss than in 2024
Profit after tax over the fiscal year.
€ 293
▲ € 220 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -16,691.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 726
▼ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -7,594 | € -4,215 | € -2,833 | ▲ € 1,382 |
| Profit after taxes | € -7,994 | € -4,868 | € -3,830 | ▲ € 1,038 |
| Equity | € -1,994 | € -6,862 | € -10,691 | ▼ € 3,830 |
| Total debts | € 3,121 | € 12,273 | € 18,118 | ▲ 48% |
| Cash | € 357 | € 73 | € 293 | ▲ € 220 |
| Retained profit | € -7,994 | € -12,862 | € -16,691 | ▼ € 3,830 |
| Balance sheet total | € 1,127 | € 5,411 | € 7,426 | ▲ 37% |
Key figures of ALSTEF, fiscal years 2023 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 ALSTEF?
What happened at ALSTEF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,830. filed late Source: NBB ↗
- New establishment in Oudergem. KBO
- Nicolas Bebawi became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 7,994 loss in 2023 to € 3,830 loss in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind ALSTEF is Nicolas Bebawi. Nicolas Bebawi is also behind INVESTIA BELGIUM.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Louizalaan 231
1050 Elsene
Waverse steenweg 1110
1160 Oudergem
Active since 6 January 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0795.850.950
- VAT number
- BE 0795.850.950
- Registered office
- Louizalaan 231, 1050 Elsene
- Names & denominations
- ALSTEF
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 January 2023
- Peppol
- Active · Active since 7 Dec 2025
- Activities · NACE
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