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A.F.S. CONSTRUCT

Active
Private limited company (pre-2019)founded 2017active for 9 yearsJetsesteenweg 380, 1081 Koekelberg, BelgiumKBO/BCE: BE 0674.845.529

From the official registers: KBO 7 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of A.F.S. CONSTRUCT is 3.4% (moderate). The 2024 annual accounts show equity of €91,381 and a net result of €101,808. Equity has been growing by about 12% per year since 2018. Its solvency ranks better than 38% of 35,970 sector peers (NACE 43, financial year 2024). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 26-04-2017 Normal situation
Activity
Other specialised construction activities NACE 43990and 4 others
Establishment unit
2.263.740.963 1081 Koekelberg, since 26-04-2017
Financial year end
31 December
Peppol
Reachable since 29-12-2025

Board and ownership

Board
  • Ferreira Soares AlmiroDirector · since 26-04-2017

Financial position

52 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.4%
Annual accounts 2024
Gross margin
€122,021
▲ 56.9%
Turnover
≈ €500,000
estimated
Profit
€101,808
▲ 216%
Equity
€91,381
▲ 31.3%
Total assets
€251,540
▲ 85.0%
Staff
≈ 0.5 FTE
estimated
2025 accounts not filed, 93 days past the deadline
Filed on 10-09-2026at the National Bank
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 406 days late; 3 of the last 3 accounts lateFigures for financial year 2024 (filed on 15-09-2026)Size: total assets €251,540lowers riskLiquidity: current ratio 1.79, cash €167,059Show the evidence

Checked score

Score 2024
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 69% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2023
Strong
Solvency 61-15
equity 36.3% of total assets
Liquidity 72-14
short-term debt 54.9% · cash 66.4%
Profitability 100+2
return on assets 40.5%
Bankruptcy probability within 12 months
3.4% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 4.8% 12-2024: 6.2%▲ +1.4 percentage points vs 11-2024 01-2025: 8.2%▲ +2.0 percentage points vs 12-2024highest value 02-2025: 0.7%▼ -7.5 percentage points vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.6%▼ -0.1 percentage points vs 04-2025 06-2025: 0.5%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.8%▲ +0.3 percentage points vs 07-2025 09-2025: 1.0%▲ +0.2 percentage points vs 08-2025 10-2025: 1.8%▲ +0.8 percentage points vs 09-2025 11-2025: 1.9%▲ +0.1 percentage points vs 10-2025 12-2025: 2.8%▲ +0.9 percentage points vs 11-2025 01-2026: 3.9%▲ +1.1 percentage points vs 12-2025 02-2026: 3.8%▼ -0.1 percentage points vs 01-2026 03-2026: 4.4%▲ +0.6 percentage points vs 02-2026 04-2026: 4.0%▼ -0.4 percentage points vs 03-2026 05-2026: 4.0%● unchanged vs 04-2026 06-2026: 3.9%▼ -0.1 percentage points vs 05-2026 07-2026: 3.9%● unchanged vs 06-2026 08-2026: 5.4%▲ +1.5 percentage points vs 07-2026 09-2026: 5.3%▼ -0.1 percentage points vs 08-2026 10-2026: 3.4%▼ -1.9 percentage points vs 09-2026
Credit of up to €4,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 1.79 (2.92 in 2023), above the usual 1.5. Short-term debt is 54.9% and cash 66.4% of total assets. However, 63.7% of the assets are financed with debt and provisions.
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 43, micro). It does better than 38% of them on solvency, 70% on liquidity, 92% on profitability and 75% on growth.

The bankruptcy probability was computed on 31-10-2026 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 · 1 financial year not filed after the legal deadline; last filed accounts filed 406 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2024 (filed on 15-09-2026)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.79, cash €167,059
NBB · annual accounts
raises risk · Size: total assets €251,540
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 7 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 406 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-09-2026, 406 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 7 filings
Deviation from the deadline
2025
not filed
2024
406 days late
2023
151 days late
2022
404 days late
2020
26 days late
2019
56 days late
2018
51 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 182 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2024from €32,208 to €101,808 ▲ 216% View
  • Positive: Higher net result than 95% of companies in specialised constructionsector median €9,467 · 35,939 companies €101,808 View
  • Positive: 6 profitable years in a rowprofit 2024: €101,808 6 years View

Comparable companies

These companies have the same main activity as A.F.S. CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €227,000 and €280,000, founded between 2015 and 2018.

CompanyTotal assetsGross margin
A.F.S. CONSTRUCT Koekelberg€251,540€122,021
CTS CONSTRUCT Anderlecht€272,132€114,603
MD BUILDING Schaarbeek€279,778€131,200
INTERACTIV GROUP Sint-Jans-Molenbeek€227,936€131,296
CRC-BATI Sint-Jans-Molenbeek€266,564€115,009
HJC Construction Anderlecht€259,984€95,501
BUEDTS- THIELENS Rotselaar€226,886€125,295
Full comparison

Documents

Annual accounts at the NBB

All 7 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about A.F.S. CONSTRUCT

What is the company number of A.F.S. CONSTRUCT?
The company number of A.F.S. CONSTRUCT is 0674.845.529. The VAT number is the same number with BE in front: BE 0674.845.529.
Where is A.F.S. CONSTRUCT based?
The registered office is at Jetsesteenweg 380, 1081 Koekelberg.Company details
What does A.F.S. CONSTRUCT do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of A.F.S. CONSTRUCT?
The legal form of A.F.S. CONSTRUCT is Private limited company (pre-2019) (BVBA).
When was A.F.S. CONSTRUCT founded?
A.F.S. CONSTRUCT was founded on 26-04-2017.
Is A.F.S. CONSTRUCT still active?
Yes, A.F.S. CONSTRUCT is an active enterprise in the KBO register.
What is the turnover of A.F.S. CONSTRUCT?
The turnover in financial year 2024 is ≈ €500,000. This figure is estimated from the gross margin of €122,021 and 47 comparable companies (NACE 43990). It probably lies between €330,000 and €910,000. In financial year 2022 turnover was €257,385.Financials
Is A.F.S. CONSTRUCT profitable?
In financial year 2024, A.F.S. CONSTRUCT made a profit of €101,808.
Where can I find the annual accounts of A.F.S. CONSTRUCT?
A.F.S. CONSTRUCT filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts at the National Bank

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