AFA

Active

Private limited companyfounded 20224 yrs activeAlsembergsesteenweg 897, 1180 Ukkel, BelgiumKBO/BCE: BE 0790.406.775

The computed 12-month bankruptcy probability of AFA is 3.1% (moderate). The 2024 annual accounts show equity of €8k and a net result of €5k. Its solvency ranks better than 50% of 575 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

59 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability91▼-9

Solvency58▼-23

Growth78

Track record94

Bankruptcy probability, 12 months

3.1% Moderate

0%0.5%1.5%4%10%≥ 25%

No publishable credit limit; credit only on tighter terms

Liquidity tight (current ratio 1.08 against 2.03 in 2023; short-term debt: 30.1% and cash: 24.4% of total assets), and 67% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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 2024

Solvency, return and age of the figures

Solvency

33%

Return on assets

21.4%

Age of the figures

21 mo

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-12-2025, 125 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 2 filings

Deviation from the deadline

2025

not confirmed

2024

125 d late

2023

79 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2024, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€5k▲ 47.4%

2023 · €4k

2023: €4k

2023 → 2024

Working capital

€593▼ 88.5%

2023 · €5k

2023: €5k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€6k-€8k▲ 26.3%

Operating result€5k-€8k▲ 50.6%

Net result€4k-€5k▲ 47.4%

Result per fiscal year

Operating resultNet result

The operating result rises in 2024; 2024 is 51% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €25k

67.5%

32.5%

Fixed assets €17k▲ 1,185%

Current assets €8k▼ 21.2%

Equity and liabilities €25k

33.0%

67.0%

Equity €8k▲ 26.3%

Debt €17k▲ 229%

The debt ratio rises from 43.8% to 67.0%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

Solvency

33.0%▼

2023 · 56.2%

Current ratio

1.08▼

2023 · 2.03

Quick ratio

0.81▼

2023 · 2.03

Debt / equity

2.03▲

2023 · 0.78

ROE

64.8%▲

2023 · 55.5%

ROA

21.4%▼

2023 · 31.2%

Debt

€17k▲

2023 · €5k

Debt ≤ 1 year

€7k▲

2023 · €5k

Debt > 1 year

€9k

Income taxes

€2k▲

2023 · €1k

Staff costs

€36k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€12k€25k▲

Fixed assets21/28€1k€17k▲

Tangible fixed assets22/27-€17k

Furniture and vehicles24-€17k

Financial fixed assets28€1k-

Current assets29/58€10k€8k▼

Stocks and contracts in progress3-€2k

Stocks30/36-€2k

Amounts receivable within one year40/41€4-

Other amounts receivable41€4-

Cash at bank and in hand54/58€10k€6k▼

Equity and liabilities

Total equity and liabilities10/49€12k€25k▲

Equity10/15€6k€8k▲

Contributions10/11€3k€3k=

Profit (loss) carried forward14€4k€11k▲

Advance to shareholders on the distribution of net assets19-€5k

Amounts payable17/49€5k€17k▲

Amounts payable after more than one year17-€9k

Financial debts170/4-€9k

Amounts payable within one year42/48€5k€7k▲

Trade debts44€472€2k▲

Suppliers440/4€472€2k▲

Taxes, remuneration and social security45€4k€4k=

Taxes450/3€4k€4k=

Other amounts payable47/48€141€1k▲

Income statement Code20232024

Non-recurring operating income76A-€218k

Goods, raw materials, services and sundry goods60/61-€170k

Remuneration, social security and pensions62-€36k

Other operating charges640/8€472€4k▲

Gross operating margin9900€6k€48k▲

Operating profit (loss)9901€5k€8k▲

Financial charges65/66B€133€133=

Recurring financial charges65€133€133=

Profit (loss) for the period before taxes9903€5k€7k▲

Income taxes67/77€1k€2k▲

Profit (loss) for the period9904€4k€5k▲

Transfer from tax-exempt reserves789-€5k

Profit (loss) for the period to be appropriated9905€4k€11k▲

Appropriation of the result

Profit (loss) to be appropriated9906€4k€11k▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 2Filings 2

2025

03-12

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 125 days late

2024

18-10

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 79 days late

NBB filing

Directors · office · real estate

Directors

3 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, Ukkel

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.

Alsembergsesteenweg 8971180 Ukkel

Ground area

347 m²

Building footprint

329 m²

Volume, LiDAR

3,129 m³

Parcel 21616A0121/00Y002, Brussels · tallest building 17.1 m, ±2 floors. Linked by address, not a title deed.

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21616A0121/00Y002	Brussels	347 m²	1 · 329 m²	17.1 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Wezembeek-Oppem · Eq €8k

TAN NAIL'S

BE 0744.894.375

Mouscron · Eq €8k

Of 24,863 companies in sector 96220 we hold annual accounts for 1,443. 1,040 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded02-09-2022

Fiscal year end31-12

Activities, NACEBEL

96022Beauty treatment

96220Beauty care and other beauty treatments

47750Retail sale of cosmetics and toilet articles

47792Retail sale of second-hand clothing

96021Hairdressing

96210Hairdressing and barber services

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.