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AF SERVICES +

Active
Private limited companyfounded 201115 yrs activePlace de la Collégiale(VIS) 6, 4600 Visé, BelgiumKBO/BCE: BE 0835.079.631
Summary

The computed 12-month bankruptcy probability of AF SERVICES + is 2.6% (moderate). The 2025 annual accounts show negative equity (-€4,813) and a net result of -€159. Equity is shrinking by ~28.3% per year across the filed fiscal years. The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Age of the figures
Age of the figures
9 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 15 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€4,813
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-09-2026, 53 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 · 10 filings
Deviation from the deadline
2025
53 d late
2024
7 d early
2023
5 d early
2022
10 d late
2021
11 d late
2020
13 d late
2019
14 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 13 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 1 April 2011, AF SERVICES + was incorporated.1 The company has filed 14 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
-€4,813▼ 3.4%
2024 · -€4,654
Total assets
€466▲ 59.2%
2024 · €292
Net result
-€159▲ 85.7%
2024 · -€1,114
Working capital
-€4,654▼ 11.9%
2023 · -€4,161
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€55▲ 92.2%-€57▼ 3.8%-€1,137▼ 1,894%-€1,044▲ 8.2%-€10▲ 99.0%
Net result-€117▲ 83.4%-€194▼ 65.9%-€1,137▼ 486%-€1,114▲ 2.0%-€159▲ 85.7%
Equity-€2,210▼ 5.6%-€2,404▼ 8.8%-€3,540▼ 47.3%-€4,654▼ 31.5%-€4,813▼ 3.4%
Total assets€256▼ 2.2%€262▲ 2.4%€883▲ 237%€292▼ 66.9%€466▲ 59.2%
Debt€2,466▲ 4.7%€2,666▲ 8.1%€4,423▲ 65.9%€4,947▲ 11.8%€5,278▲ 6.7%
Working capital-€2,210▼ 5.6%-€2,404▼ 8.8%-€4,161▼ 73.1%-€4,654▼ 11.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€1,500-€1,000-€500€0Operating result 2021: -€55-€55Net result 2021: -€117-€117Operating result 2022: -€57-€57Net result 2022: -€194-€194Operating result 2023: -€1,137-€1,137Net result 2023: -€1,137-€1,137Operating result 2024: -€1,044-€1,044Net result 2024: -€1,114-€1,114Operating result 2025: -€10-€10Net result 2025: -€159-€15920212022202320242025-€1,500-€1,000-€500€0Operating result 2023: -€1,137-€1,140Net result 2023: -€1,137-€1,140Operating result 2024: -€1,044-€1,040Net result 2024: -€1,114-€1,110Operating result 2025: -€10-€10Net result 2025: -€159-€159202320242025
The operating result stays negative: a loss of €10 in 2025 against €1,044 in 2024; the loss shrinks.
Key figures and ratios
2025 value · change against 2024
Debt > 1 year
€5,278
Ratios withheld: a balance sheet total of €466 is too small for a meaningful ratio.

Peer companies

Historical observation

Of the 6,940 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
5.5% went bankrupt
8.0% stopped otherwise
85% still going

A further 1.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,940 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 24 lines
Balance sheet Code20242025
Assets
Total assets20/58€292€466▲
Current assets29/58€292€466▲
Amounts receivable within one year40/41€225€225=
Other amounts receivable41€225€225=
Cash at bank and in hand54/58€67€240▲
Equity and liabilities
Total equity and liabilities10/49€292€466▲
Equity10/15-€4,654-€4,813▼
Contributions10/11€6,200€6,200=
Profit (loss) carried forward14-€10,854-€11,013▼
Amounts payable17/49€4,947€5,278▲
Amounts payable after more than one year17-€5,278
Advances received on contracts in progress176-€5,278
Amounts payable within one year42/48€4,947-
Other amounts payable47/48€4,947-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€621-
Gross operating margin9900-€423-€10▲
Operating profit (loss)9901-€1,044-€10▲
Financial charges65/66B€70€149▲
Recurring financial charges65€70€149▲
Profit (loss) for the period before taxes9903-€1,114-€159▲
Profit (loss) for the period9904-€1,114-€159▲
Profit (loss) for the period to be appropriated9905-€1,114-€159▲
Appropriation of the result
Profit (loss) to be appropriated9906-€10,854-€11,013▼
Profit (loss) brought forward from the previous period14P-€9,740-€10,854▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€879€621--
Gross operating margin9900-€55-€57-€257-€423-€10▲ 97.6%
Operating profit (loss)9901-€55-€57-€1,137-€1,044-€10▲ 99.0%
Financial charges65/66B€62€137-€70€149▲ 113%
Recurring financial charges65€62€137-€70€149▲ 113%
Profit (loss) for the period before taxes9903-€117-€194-€1,137-€1,114-€159▲ 85.7%
Profit (loss) for the period9904-€117-€194-€1,137-€1,114-€159▲ 85.7%
Profit (loss) for the period to be appropriated9905-€117-€194-€1,137-€1,114-€159▲ 85.7%
Line20212022202320242025Change
Assets
Total assets20/58€256€262€883€292€466▲ 59.2%
Formation expenses20--€621---
Current assets29/58€256€262€262€292€466▲ 59.2%
Amounts receivable within one year40/41€225€225€225€225€225=
Other amounts receivable41€225€225€225€225€225=
Cash at bank and in hand54/58€31€37€37€67€240▲ 259%
Equity and liabilities
Total equity and liabilities10/49€256€262€883€292€466▲ 59.2%
Equity10/15-€2,210-€2,404-€3,540-€4,654-€4,813▼ 3.4%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Profit (loss) carried forward14-€8,410-€8,604-€9,740-€10,854-€11,013▼ 1.5%
Amounts payable17/49€2,466€2,666€4,423€4,947€5,278▲ 6.7%
Amounts payable after more than one year17----€5,278-
Advances received on contracts in progress176----€5,278-
Amounts payable within one year42/48€2,466€2,666€4,423€4,947--
Other amounts payable47/48€2,466€2,666€4,423€4,947--
Line20212022202320242025Change
Profit (loss) for the period9904-€117-€194-€1,137-€1,114-€159▲ 85.7%
+ Depreciation and write-downs630--€879€621--
Operating cash flow (approximation)-€117-€194-€257-€493-€159▲ 67.8%
Change in cash-€6€0€30€173▲ 471%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 53 days late
2025
24-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
26-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
10-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
11-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
13-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
14-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
31-12
Financial Weakest financial yearnet -€1,187
Net result drops to -€1,187, the lowest in the series; recovery starts the following year.
13-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
2018
02-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2017
03-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 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
Registered office, Visé · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
392 m²
Building footprint
323 m²
Volume, LiDAR
2,175 m³
2 parcels, Wallonia · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ISOLA - RENOVE +
Rue Neuve 1, 4690 BassengeSpecialised construction activities
since 20112.198.386.125
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62011C0072/00C000 Wallonia 196 m² 1 · 264 m² 10.6 m · 2 fl.
62108C0127/00D000 Wallonia 196 m² 1 · 60 m² 11.4 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded01-04-2011
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0835079631
Registered 16-12-2025

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.