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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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Alfa Development from Denderleeuw, company number BE0879957670, closed financial year 2025 with a result of € 14,161 after tax. For that financial year Alfa Development recorded a gross margin of € 42,657 and equity of € -677,054. Compared with financial year 2024, the result moved from € -807,233 to € 14,161. Profitable, and profit is growing. 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 28, 2026.
€ -677,054
▲ € 14,161 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,161
▲ still € 807,233 loss in 2024
Profit after tax over the fiscal year.
€ 4,385
▲ € 4,044 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 € -697,054.
Debts at end 2025
€ 895,534
▼ 12% vs 2024
€ 128,972 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 92,744
▼ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 146,402 | € 62,736 | € 201,737 | € 42,657 | ▼ 79% |
| Profit after taxes | € -81,909 | € -209,410 | € -807,233 | € 14,161 | ▲ € 821,394 |
| Equity | € 325,427 | € 116,017 | € -691,216 | € -677,054 | ▲ € 14,161 |
| Total debts | € 1,502,204 | € 1,640,199 | € 1,356,371 | € 1,435,462 | ▲ 6% |
| Cash | € 24,507 | € 2,595 | € 341 | € 4,385 | ▲ € 4,044 |
| Land & buildings | € 1,795,796 | € 1,726,957 | € 1,658,118 | € 1,589,279 | ▼ 4% |
| Retained profit | € 305,427 | € 96,017 | € -711,216 | € -697,054 | ▲ € 14,161 |
| Bank debt | € 1,236,445 | € 1,129,589 | € 1,018,454 | € 895,534 | ▼ 12% |
| Balance sheet total | € 2,721,244 | € 2,630,571 | € 1,796,715 | € 1,643,664 | ▼ 9% |
Key figures of Alfa Development, 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 Development?
What happened at Alfa Development in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 14,161. filed late Source: NBB ↗
- Gerd Van Driessche became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 81,909 loss in 2022 to € 14,161 profit in 2025.
Best year ever: 2025, with € 14,161 profit.
Management
The stake of DRIMMO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Alfa DevelopmentBehind Alfa Development is Gerd Van Driessche. The shares are held by DRIMMO (99%).
Directors
According to the 2025 annual accounts
since 2023
Shareholders
99%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kerkstraat 189 box 1
9473 Denderleeuw
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0879.957.670
- VAT number
- BE 0879.957.670
- Registered office
- Kerkstraat 189 bus 1, 9473 Denderleeuw
- Names & denominations
- Alfa Development
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 March 2006
- Peppol
- Active · Active since 12 Aug 2025
- Contact
- [email protected] 0474 93 85 90