Financials
- Fiscal year
- 2024
- Total assets
- €1.6m
- Loss
- -€290,562
- Solvency
- -17.4%
Total assets▲ 10.6%
Net result
20202024
AFC-Collection
ActiveSummary
The computed 12-month bankruptcy probability of AFC-Collection is 12.4% (high). The 2024 annual accounts show negative equity (-€280,981) and a net result of -€290,562. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 9085 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Agents in the wholesale of furniture, household goods and hardware
NACE 46150NACE 74104Interior design NACE 74130
4 sites
Size
€1.6mtotal assets 2024
- Staff
- 7.9 FTE
- Equity
- -€280,981
- Loss
- -€290,562
Structure
- Largest shareholder
- Audjo · 50%
Accounts 63 d overdue0 of 4 deeds read
Why 27- 1 financial year not filed after the legal deadline; latest accounts 123 days late; 3 of the last 3 late- Figures for FY 2024 (filed 09-12-2025)- Loss of €290,562, the second in a row (FY 2024)- Size: 7.9 FTE, total assets €1.6mShow the evidence
Checked score
Score 2024
27
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 9% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
8-18
equity -17.4% of total assets
Liquidity
16-35
short-term debt 65.7% · cash 0.8%
Profitability
0-6
return on assets -18.0%
Bankruptcy probability, 12 months
12.4%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).
Last 4 months
07-2026: 9.3%lowest value
08-2026: 9.9%▲ +6.8% vs 07-2026
09-2026: 10.7%▲ +7.9% vs 08-2026
10-2026: 12.4%▲ +15.7% vs 09-2026highest value
- 1 financial year not filed after the legal deadline; latest accounts 123 days late; 3 of the last 3 late raises the probability
- Figures for FY 2024 (filed 09-12-2025) raises the probability
- Loss of €290,562, the second in a row (FY 2024) raises the probability
- Size: 7.9 FTE, total assets €1.6m raises the probability for this profile
No credit on open account
Liquidity tight (current ratio 1.18 against 1.59 in 2023; short-term debt: 65.7% and cash: 0.8% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 13%, liquidity 16%, profitability 6%, growth against the median 1%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2021222324
2020 to 2024 · latest year -€280,981
raises risk · 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 01-12-2025, 123 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
123 d late
2023
89 d late
2022
71 d late
2021
30 d late
2020
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 69 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · abbreviated…
- Weakest financial yearnet -€290,562
- Annual accounts filedfiscal year 2023 · abbreviated…
Key points
- Risk: Negative equityfiscal year 2024: debts exceed assets -€280,981 View
- Risk: 3 loss-making years in a rowloss fiscal year 2024 -€290,562 View
- Caution: Result fell in 2024from -€147,676 to -€290,562 ▼ 96.8% View
- Caution: Among the weakest 5% on net resultsector median €40,118 · 9,080 companies -€290,562 View
- Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
By topic
Board & ownership
- Largest shareholder
- Audjo · 50%
Timeline
- Events
- 8
- Since
- 2021
- 01-12-2025Annual accounts filed
- 31-12-2024Weakest financial year
- 28-10-2024Annual accounts filed
Company details
- Sites
- 4
- Legal form
- Private limited company
- Activity
- Agents in the wholesale of furniture, household goods…NACE 46150
- Founded
- 19-07-2019
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.