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AFAS BELGIUM

Active
Public limited companyfounded 1998active for 28 yearsPrins Boudewijnlaan 7A, 2550 Kontich, BelgiumKBO/BCE: BE 0463.984.256
Summary

AFAS BELGIUM has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11.8m and a net result of €739,136. Equity has been growing by about 30% per year since 2018. Its solvency ranks better than 81% of 224 sector peers (NACE 63, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 13-08-1998 Normal situation
Activity
Computing infrastructure, data processing, hosting and related activities NACE 63100and 3 others
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2024
Establishment unit
2.089.059.801 2550 Kontich, since 02-11-1998
Financial year end
31 December
Peppol
Reachable since 17-11-2025

Board and ownership

Shareholders
  • AFAS BENELUX BVannual accounts 2025
  • AFAS HOLDING BVannual accounts 2025

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Turnover
€11.2m
Profit
€739,136
▲ 9.3%
Equity
€11.8m
▲ 6.7%
Total assets
€15.1m
▼ 5.9%
Employees on 31-12-2025
63
▲ 8.6%
  • €168,825 of overdue social security (RSZ) debts on 31-12-2025
Filed on 24-07-2026, 7 days before the deadline
Score breakdownraises riskLiquidity: current ratio 0.70lowers riskSize: turnover €11.2m, 59.4 FTE, total assets €15.1mEquity €11.8m (77.9% of total assets)Profit of €739,136 (financial year 2025)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 83% of medium-sized companies in computing infrastructure and information services (NACE 63)
Financial strength · tick: 2024
Strong
Solvency 100+6
equity 77.9% of total assets
Liquidity 87+13
short-term debt 20.6%
Profitability 83+9
return on assets 4.9%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (37 companies, NACE 63, medium-sized)
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: 0.3%▲ +0.1 percentage points vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.6%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.2%▼ -0.4 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026 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
Credit of up to €1,100,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.7 (0.39 in 2024), below 1. Short-term debt is 20.6% of total assets. 22.1% 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 63, medium-sized). It does better than 92% of them on solvency, 89% on liquidity, 95% on profitability and 57% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.70
NBB · annual accounts
lowers risk · Size: turnover €11.2m, 59.4 FTE, total assets €15.1m
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 · Equity €11.8m (77.9% of total assets)
NBB · annual accounts
lowers risk · Profit of €739,136 (financial year 2025)
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
7 days early
2024
7 days late
2023
9 days early
2022
24 days early
2021
61 days early
2020
29 days early
2019
52 days early
← 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 25 days before the deadline. In the sector (NACE 63), the median for financial year 2024 was 9 days before the deadline, and 32% 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 23 July (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
02-11-2026 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

Key points

  • Positive: 3rd largest company by equity in the province of Antwerp, Computing infrastructure…in the Checked rankings No. 3 View
  • Positive: 8 profitable years in a rowprofit 2025: €739,136 8 years View
  • EU supportawarded from 2023 to 2025 €55,519 View

Recent changes

  1. · Gazette deed Purpose
  2. · Gazette deed Reappointment: Enst & Young Bedrijfsrevisoren CV (statutory auditor)
  3. · Gazette deed Capital increase of €6,500,000 to €7,500,000Reappointments: MARS,Arend Cornelis (director) and vAN dER VELDT,Bastiaan Jacobus (director)
All 31 events

Comparable companies

These companies have the same main activity as AFAS BELGIUM: computing infrastructure, data processing, hosting and related activities (NACE 63100). They are comparable in size and age: total assets between €8.6m and €27m, founded between 1981 and 2003.

CompanyTotal assetsTurnover
AFAS BELGIUM Kontich€15.1m€11.2m
CONTRASTE EUROPE Schaarbeek€17.1m€22.6m
European Registry for Internet Domains Machelen (Brab.)€23.2m€13.3m
GraydonCreditsafe Belgium Antwerpen€18.9m€20.2m
SOCIETE BELGE D'INFORMATIQUE MEDICALE Charleroi€11.3m€13.5m
Domaine Name Registration België- Domaine Name Registration Belgique - Domaine Name Registration Belgium Leuven€8.6m€8.8m
EURESYS Seraing€27.2m€19.2m
Full comparison

Key facts about AFAS BELGIUM

What is the company number of AFAS BELGIUM?
The company number of AFAS BELGIUM is 0463.984.256. The VAT number is the same number with BE in front: BE 0463.984.256.
Where is AFAS BELGIUM based?
The registered office is at Prins Boudewijnlaan 7A, 2550 Kontich.Company details
What does AFAS BELGIUM do?
According to the KBO register, the main activity is computing infrastructure, data processing, hosting and related activities (NACE 63100).
What is the legal form of AFAS BELGIUM?
The legal form of AFAS BELGIUM is Public limited company (NV).
When was AFAS BELGIUM founded?
AFAS BELGIUM was founded on 13-08-1998.
Is AFAS BELGIUM still active?
Yes, AFAS BELGIUM is an active enterprise in the KBO register.
How many employees does AFAS BELGIUM have?
AFAS BELGIUM had an average of 59.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does AFAS BELGIUM fall under?
In its 2024 annual accounts, AFAS BELGIUM states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of AFAS BELGIUM?
The turnover of AFAS BELGIUM was €11.2m in financial year 2025, according to the filed annual accounts.
Is AFAS BELGIUM profitable?
In financial year 2025, AFAS BELGIUM made a profit of €739,136.
Where can I find the annual accounts of AFAS BELGIUM?
AFAS BELGIUM filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of AFAS BELGIUM due?
AFAS BELGIUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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