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 is growing by about 30% per year across the filed financial years. 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).

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AFAS BELGIUMActiveChecked score 96/100

Risk analysis Report Compare

Activity

Computing infrastructure, data processing, hosting and related activities

NACE 63100Wholesale of information and communication equipment NACE 46500

3rd largest company by equity in the province of Antwerp, Computing infrastructure and information services sector1 site

Size

€11.2mturnover 2025

Staff: 59.4 FTE
Equity: €11.8m
Profit: €739,136

Financial health

96 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.1%

Structure

Parent: AFAS BENELUX BV · 100%

MARS, Arend CornelisDirector
vAN dER VELDT, Bastiaan JacobusDirector

Auditor: Enst & Young Bedrijfsrevisoren CV2025 accounts 7 days early

Why 96raises 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 better than 83% of its sector peers (NACE 63, medium-sized)

Every signal that counts is listed under Signals.

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, 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 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 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

Credit of up to €1,100,000 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.7, compared with 0.39 in 2024, below 1; short-term debt: 20.6% of total assets), and 22.1% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 92% on solvency, 89% on liquidity, 95% on profitability and 57% on growth.

The bankruptcy probability was computed on 28-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Liquidity: current ratio 0.70

NBB · annual accounts

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 its profile.

NBB · annual accounts

Equity €11.8m (77.9% of total assets)

NBB · annual accounts

Profit of €739,136 (financial year 2025)

NBB · annual accounts

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

This company filed its last 7 accounts on average 25 days before the deadline; the sector median (NACE 63) for financial year 2024 is 10 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)

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 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

29-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

24-07-2026 Annual accounts filedfinancial year 2025 · full…
27-10-2025 PurposePurpose change · Amendment of…
07-08-2025 Annual accounts filedfinancial year 2024 · abbreviated…

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
Controlled by AFAS BENELUX BVultimately: AFAS HOLDING BV 100% View
EU supportawarded from 2023 to 2025 €55,519 View

By topic

Financials

Financial year: 2025
Turnover: €11.2m
Profit: €739,136
Solvency: 77.9%

Turnover▲ 50.0%

Net result

20182025

Go to Financials

Board & ownership

Board: 2 members
Parent: AFAS BENELUX BV · 100%
Auditor: Enst & Young Bedrijfsrevisoren…

MARS, Arend CornelisDirector
vAN dER VELDT, Bastiaan JacobusDirector

Go to Board & ownership

Network & group

Group: AFAS HOLDING BV

Go to Network & group

Timeline

Events: 47
Since: 2000
Next accounts: by 31-07-2027

23-01-2025Reappointment: Enst & Young Bedrijfsrevisoren CV (statutory…
22-07-2024Annual accounts filed
31-12-2023Equity above €10m

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Computing infrastructure, data processing, hosting and related activitiesNACE 63100
Founded: 13-08-1998
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 41

Purpose: “De ontwikkeling, de commercialisering en verdeling van computersoftware en dienstverlening…” (deed in Dutch)

Go to Articles of association

Key facts about AFAS BELGIUM

What is the company number of AFAS BELGIUM?: 0463.984.256. In Belgium the VAT number is the company 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?: Public limited company (NV).
When was AFAS BELGIUM 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?: On average 59.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of AFAS BELGIUM?: €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?: By 31-07-2027, for financial year 2026.Timeline

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Overview

Checked score

Signals

Key points

By topic

Financials

Board & ownership

Network & group

Timeline

Company details

Articles of association

Key facts about AFAS BELGIUM

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