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AF spin world

Active Private limited company (pre-2019)founded 2006active for 19 yearsErnest Gossartstraat 27, 1180 UccleKBO/BCE: BE 0885.535.467

Lifetime

16 annual accounts with figures on one time axis, 17 filings since 2009
peak €249,347 (2025)
€249,347▲ 47.4%
peak €97,232 (2025)
€97,232▲ 30.3%
peak €369,504 (2025)
€369,504▲ 9.6%
€480,191▲ 8.9%
Board1 name since 2021
1 directorAyral Alexis
Documentsfilings and deeds
01-07-202630 days before the deadline
2025micro format
Gross margin from €169,133 to €249,347Result from €74,628 to €97,232Dividend €65,000

Key points

from the 2025 annual accounts

Equity

€369,504 ▲ 9.6%
337,2722024+97,232Profit-65,000Dividend369,5042025

AF spin world paid out €65,000 in dividends. That is 67% of the 2025 profit.

Filings

17 annual accounts since 2009
AprilJune31 JulyOctober2010201520202025

Nine of the last ten came late. The 2019 accounts came latest: 69 days after the end of the period.

Position in the sector

€97,232

Higher net result than 92% of companies in computer programming and consultancy. Sector median €28,568 · 21,214 companies.

Checked score

92
Excellent
Financially stronger than 40% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▲ +0.1 percentage points vs 07-2025 09-2025: 0.5%▲ +0.1 percentage points vs 08-2025highest value 10-2025: < 0.1%▼ -0.5 percentage points vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: 0.1%▲ +0.1 percentage points vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: < 0.1%▼ -0.1 percentage points vs 03-2026 05-2026: 0.1%▲ +0.1 percentage points vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

68=equity 43.5% of total assets
59-2short-term debt 31.7% · cash 17.9%
58-8return on assets 11.4%

Score breakdown

lowers risk
Size: total assets €849,694
Sector: Computer programming, consultancy and related activities (NACE 62)
Figures for financial year 2025 (filed on 01-07-2026)
Liquidity: current ratio 1.63, cash €151,953
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 62, micro). It does better than 38% of them on solvency, 42% on liquidity, 23% on profitability and 56% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 17,811 companies had the same profile as AF spin world has now. Each dot stands for 45 companies, two years later.

96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of AF spin world itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,811 companies, not a prediction for AF spin world. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €30,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.63 (1.81 in 2024), above the usual 1.5. Short-term debt is 31.7% and cash 17.9% of total assets. However, 56.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Size: total assets €849,694
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Figures for financial year 2025 (filed on 01-07-2026)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.63, cash €151,953
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 days early
2024
28 days late
2023
28 days late
2022
31 days late
2021
31 days late
2020
30 days late
2019
69 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 27 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

AA
Ayral Alexis
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0885535467
First establishment Ernest Gossartstraat 27, Uccle
Incorporation published on 18-12-2006 · Gazette deed
All 25 events

Comparable companies

same main activity, similar in size and age
Company
AF spin world Uccle €0.8m €249,347 43.5% -
nSilition Ottignies-Louvain-la-Neuve €1.1m €244,879 66.5% 3.2
SAECOM Deinze €0.9m €198,203 94.5% -
KRYPTIS Uccle €0.7m €185,549 88.6% -
TANGOE BENELUX Brussels €1.0m €167,554 33.8% -
NET EVENTS Brussels €0.8m €287,814 88.5% 4
ASYMETRIE Beaumont €1.1m €266,281 48.6% 1.6

These companies have the same main activity as AF spin world: other information technology and computer services (NACE 62900). They are comparable in size and age: total assets between €692,000 and €1.1m, founded between 2000 and 2008.

Official details

Source: KBO
Status
Active since 08-12-2006Normal situation
Activity
Other information technology and computer servicesNACE 62900
Establishment unit
2.158.002.6491180 Uccle, since 18-12-2006
Financial year end
31 December
Peppol
Reachable since 05-01-2026
Company details

Annual accounts 2025

≈ €370,000estimated
€849,694▲ 9.2%
Filing
Filed on 01-07-2026, 30 days before the end of the filing period
Financials

Insights on AF spin world

AF spin world files the micro format. That format states no turnover. The gross margin rose from €17,133 in 2010 to €249,347 in 2025.

The balance sheet grew most from 2015 to 2017 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about AF spin world

What is the company number of AF spin world?
The company number of AF spin world is 0885.535.467. The VAT number is the same number with BE in front: BE 0885.535.467.
Where is AF spin world based?
The registered office is at Ernest Gossartstraat 27, 1180 Uccle.Company details
What does AF spin world do?
According to the KBO register, the main activity is other information technology and computer services (NACE 62900).
What is the legal form of AF spin world?
AF spin world is a private limited company (pre-2019) (BVBA).
When was AF spin world founded?
AF spin world was founded on 08-12-2006.
Is AF spin world still active?
Yes, AF spin world is an active enterprise in the KBO register.
What is the turnover of AF spin world?
The turnover in financial year 2025 is ≈ €370,000. This figure is estimated from the gross margin of €249,347 and 77 comparable companies (NACE 62). It probably lies between €340,000 and €480,000.Financials
Is AF spin world profitable?
In financial year 2025, AF spin world made a profit of €97,232.
Where can I find the annual accounts of AF spin world?
AF spin world filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of AF spin world due?
AF spin world must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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