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A.F GROUP

Active
Private limited companyfounded 2025active for 1 yearEdmond Machtenslaan 131/1, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 1022.174.617
Summary

The computed 12-month bankruptcy probability of A.F GROUP is 7.1% (elevated). The 2025 annual accounts show negative equity (-€3,918) and a net result of -€4,918. Its solvency ranks better than 9% of 623 sector peers (NACE 53, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 09-04-2025 Normal situation
Activity
Other postal and courier activities NACE 53200and 3 others
Establishment unit
2.373.039.177 since 09-04-2025
Financial year end
31 December
Peppol
Reachable since 13-02-2026

Board and ownership

Financial position

32 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
7.1%
Annual accounts 2025
Gross margin
-€4,778
Loss
€4,918
Equity
-€3,918
Total assets
€6,152
  • Negative equity on 31-12-2025
  • 2025 accounts filed 27 days after the deadline
Turnover not published (micro format)
Score breakdownraises riskSector: Postal and courier activities (NACE 53)Founded in 20251 change of registered office in 24 monthslowers riskFigures for financial year 2025 (filed on 28-08-2026)Show the evidence

Checked score

Score 2025
32 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 8% of micro companies in postal and courier (NACE 53)
Financial strength
Weak
Solvency 0
equity -63.7% of total assets
Liquidity 4
short-term debt 163.7% · cash 2.8%
Profitability 0
return on assets -79.9%
Bankruptcy probability within 12 months
7.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 2.6% (914 companies, NACE 53, micro)
Last 24 months 05-2026: 4.1%lowest value 06-2026: 4.2%▲ +0.1 percentage points vs 05-2026 07-2026: 7.4%▲ +3.2 percentage points vs 06-2026 08-2026: 7.8%▲ +0.4 percentage points vs 07-2026highest value 09-2026: 6.7%▼ -1.1 percentage points vs 08-2026 10-2026: 7.1%▲ +0.4 percentage points vs 09-2026 11-2026: 7.1%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.61, below 1. Short-term debt is 163.7% and cash 2.8% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 53, micro). It does better than 7% of them on solvency, 8% on liquidity and 9% on profitability.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Sector: Postal and courier activities (NACE 53)
KBO
raises risk · Founded in 2025
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2025 (filed on 28-08-2026)
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
27 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€3,918 View
  • Caution: Lower solvency than 90% of companies in postal and couriersector median 31.9% · 623 companies -63.7% View

Recent changes

  1. · Gazette deed Registered office moved within Molenbeek-Saint-Jean
  2. · Gazette deed IncorporationStarting capital €1,000 · Appointment: TADLAOUI HBIBI Fayçal (director)
All 3 events

Comparable companies

These companies have the same main activity as A.F GROUP: other postal and courier activities (NACE 53200). They are comparable in size and age: total assets between €5,130 and €9,210, founded between 2024 and 2025.

CompanyTotal assetsGross margin
A.F GROUP Sint-Jans-Molenbeek€6,152-€4,778
GIO Trans Hooglede€5,131-€1,130
Veso Sint-Niklaas€8,246€762
MIA-GROUP Gent€6,406-€824
SSA LOGISTICS Antwerpen€9,210-€9,033
TK Services Beringen€8,232-€502
RC REPAIR SYSTEM IT Anderlecht€8,622-€6,850
Full comparison

Key facts about A.F GROUP

What is the company number of A.F GROUP?
The company number of A.F GROUP is 1022.174.617. The VAT number is the same number with BE in front: BE 1022.174.617.
Where is A.F GROUP based?
The registered office is at Edmond Machtenslaan 131/1, 1080 Sint-Jans-Molenbeek.Company details
What does A.F GROUP do?
According to the KBO register, the main activity is other postal and courier activities (NACE 53200).
What is the legal form of A.F GROUP?
The legal form of A.F GROUP is Private limited company (BV).
When was A.F GROUP founded?
A.F GROUP was founded on 09-04-2025.
Is A.F GROUP still active?
Yes, A.F GROUP is an active enterprise in the KBO register.
What is the turnover of A.F GROUP?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is A.F GROUP profitable?
In financial year 2025, A.F GROUP made a loss of €4,918.
Where can I find the annual accounts of A.F GROUP?
A.F GROUP filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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