ACHRAF
InactiveACHRAF was declared bankrupt on 29-07-2025 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 31-03-2026, published in the Belgian State Gazette on 09-04-2026.
No longer registered with the KBO; last annual accounts for fiscal year 2023.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline23-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 05-10-2024, 66 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
66 d late
2022
69 d late
2021
434 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€82k▲ 4.3%
2022 · €78k
2021: €61k
2022: €78k
2021 → 2023
Total assets
€211k▲ 5.2%
2022 · €201k
2021: €170k
2022: €201k
2021 → 2023
Net result
€3k▼ 77.8%
2022 · €15k
2021: €61k
2022: €15k
2021 → 2023
Working capital
€73k▲ 13.0%
2022 · €64k
2021: €20k
2022: €64k
2021 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202120222023Trend
Equity€61k-€78k▲ 28.8%€82k▲ 4.3%
Operating result€86k-€37k▼ 57.0%€-2k
Net result€61k-€15k▼ 74.8%€3k▼ 77.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €2k after €37k in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €211k
Fixed assets
€9k▼ 35.7%
Current assets
€202k▲ 8.2%
Equity and liabilities €211k
Equity
€82k▲ 4.3%
Debt
€130k▲ 5.7%
The debt ratio rises from 61.0% to 61.3%. Equity and debt are higher.
Key figures and ratios
Solvency
38.7%▼
2022 · 39.0%
Current ratio
1.56▲
2022 · 1.53
Quick ratio
1.56▲
2022 · 1.53
Debt / equity
1.58▲
2022 · 1.56
ROE
4.2%▼
2022 · 19.6%
ROA
1.6%▼
2022 · 7.6%
Debt
€130k▲
2022 · €123k
Debt ≤ 1 year
€130k▲
2022 · €123k
Income taxes
€1k▼
2022 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€201k€211k▲
Fixed assets21/28€14k€9k▼
Financial fixed assets28€14k€9k▼
Current assets29/58€187k€202k▲
Amounts receivable within one year40/41€181k€202k▲
Trade receivables40€48k€37k▼
Other amounts receivable41€133k€166k▲
Cash at bank and in hand54/58€4k€127▼
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€201k€211k▲
Equity10/15€78k€82k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€76k€80k▲
Amounts payable17/49€123k€130k▲
Amounts payable within one year42/48€123k€130k▲
Current portion of amounts payable after more than one year42€6k€6k=
Trade debts44€41k€49k▲
Suppliers440/4€41k€49k▲
Taxes, remuneration and social security45€75k€67k▼
Taxes450/3€75k€67k▼
Remuneration and social security454/9€58-
Other amounts payable47/48-€7k
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k-
Other operating charges640/8€350€500▲
Non-recurring operating charges66A€67k-
Gross operating margin9900€108k€-2k▼
Operating profit (loss)9901€37k€-2k▼
Financial income75/76B€7k€8k▲
Recurring financial income75€7k€8k▲
Financial charges65/66B€9k€920▼
Recurring financial charges65€9k€920▼
Profit (loss) for the period before taxes9903€34k€5k▼
Income taxes67/77€19k€1k▼
Profit (loss) for the period9904€15k€3k▼
Profit (loss) for the period to be appropriated9905€15k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€76k€80k▲
Profit (loss) brought forward from the previous period14P€61k€76k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
09-04
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · ACHRAF BV STEENWEG OP MECHELEN 455/1, 1950 KRAAINEM · event 31-03-2026
2025
04-08
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · ACHRAF BV STEENWEG OP MECHELEN 455/1, 1950 KRAAINEM · event 29-07-2025
2024
05-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 66 days late
2023
31-12
Financial
Weakest financial yearnet €3k ▼77.8%
Net result drops to €3k, the lowest in the series.
08-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 69 days late
08-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 434 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Gerry VERSCHUREN BLEEKSTRAAT 11/003,
2800 MECHELEN |
29-07-2025 → present |