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AFC-Collection

Active
Private limited companyfounded 20197 yrs activeEendrachtstraat 62, 1050 Elsene, BelgiumKBO/BCE: BE 0730.866.789
Summary

The computed 12-month bankruptcy probability of AFC-Collection is 7.5% (elevated). 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.

Risk analysisWatch ReportCompare
AFC-CollectionActiveChecked score 15/100
Risk analysis ReportCompare

Overview

What they do
Agents in the wholesale of furniture, household goods and hardware
NACE 46150NACE 74104Interior design NACE 74130
4 sites
How big
€1.6mtotal assets 2024
Staff
7.9 FTE
Equity
-€280,981
Loss
-€290,562
Financially healthy?
15 Critical Checked score 2024
Bankruptcy chance 12 m
7.5%
Who decides
Largest shareholder
Audjo · 50%
Accounts 63 d overdue0 of 4 deeds read
Why 15- Multiple establishment units- Limited track record- Higher-failure-rate region- Annual accounts: weaker financial profile- Higher-failure-rate sector- Negative equity- Filed more than 90 days lateShow the evidence

Checked score

Score 2024
15 / 100
Critical
Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-6
Solvency8▼-18
Growth32=
Track record100
Bankruptcy probability, 12 months
7.5% Elevated
0%0.5%1.5%4%10%≥ 25%
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.
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Signals

Seven signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · 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
highest failure risk from 2 to 8 years 7 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · 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
-17.4%
Return on assets
-18%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity 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 filings
Deviation 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)
neutral · 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
  1. Annual accounts filedfiscal year 2024 · abbreviated…
  2. Weakest financial yearnet -€290,562
  3. 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

Financials

Fiscal year
2024
Total assets
€1.6m
Loss
-€290,562
Solvency
-17.4%
Total assets▲ 10.6%
Net result
20202024
Go to Financials

Timeline

Events
8
Since
2021
  1. 01-12-2025Annual accounts filed
  2. 31-12-2024Weakest financial year
  3. 28-10-2024Annual accounts filed
Go to Timeline

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 to Company details

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

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