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AFCOM

Inactive
KBO/BCE: BE 0462.420.774

AFCOM was declared bankrupt on 07-03-2023 (Ondernemingsrechtbank Brussel). The bankruptcy was closed for insufficient assets by judgment of 24-09-2024, published in the Belgian Official Gazette on 30-09-2024.

Summary

Inactive. The last annual accounts are for financial year 2020.

AFCOMInactive

Overview

Overview

Official details

Source: KBO
Status
Inactive deed of incorporation of 23-01-1998 · bankruptcy closed on 24-09-2024
Activity
No activity registered in the KBO
Financial year end
30 June
Peppol
Not found in the Peppol Directory

Board and ownership

Financial position

No score
Annual accounts to 30-06-2020
Gross margin
-€2,045
▼ 87.7%
Loss
€2,435
▲ 64.4%
Equity
€23,867
▼ 9.3%
Total assets
€35,016
▲ 2.4%
Turnover not published (abbreviated format)

Financials

Financials · financial year 2020, abbreviated format

2020 annual accounts filed 110 days after the deadline Filed on 21 May 2021, deadline 31 January 2021 (7 months after the close on 30 June 2020, Companies Code art. 3:10). Source: NBB, 2021-14800503.

Annual accounts 2020 filed on 21-05-2021 PDF all 22 filings

Equity
€23,867▼ 9.3%
2019 · €26,302
Total assets
€35,016▲ 2.4%
2019 · €34,187
Net result
-€2,435▼ 64.4%
2019 · -€1,481
Working capital
€23,562▼ 8.3%
2019 · €25,691
Multi-year overview
2019 to 2020, 2 financial years
Operating result
-€2,351
▼ 68.5% 2020
20192020
Net result
-€2,435
▼ 64.4% 2020
20192020
Equity
€23,867
▼ 9.3% 2020
20192020
Total assets
€35,016
▲ 2.4% 2020
20192020
Debt
€11,149
▲ 41.4% 2020
20192020
Working capital
€23,562
▼ 8.3% 2020
20192020
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20192020
Operating result-€1,395--€2,351▼ 68.5%
Net result-€1,481--€2,435▼ 64.4%
Equity€26,302-€23,867▼ 9.3%
Total assets€34,187-€35,016▲ 2.4%
Debt€7,885-€11,149▲ 41.4%
Working capital€25,691-€23,562▼ 8.3%

The operating result for 2020 is a loss of €2,351, larger than the loss of €1,395 in 2019.

Turnover and EBIT margin are not published. The abbreviated format does not require them.

Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €35,016
Fixed assets €306 ▼ 50.0%
Current assets €34,711 ▲ 3.4%
Equity and liabilities €35,016
Equity €23,867 ▼ 9.3%
Debt €11,149 ▲ 41.4%
Debt's share of the balance-sheet total rises from 23.1% to 31.8%. Equity is lower and debt is higher.
Key figures and ratios
2020 value · change against 2019
EBITDA
-€2,045▼
2019 · -€1,090
Cash flow
-€2,129▼
2019 · -€1,176
Current ratio
3.11▼
2019 · 4.26
ROE
-10.2%▼
2019 · -5.6%
ROA
-7.0%▼
2019 · -4.3%
Debt ≤ 1 year
€11,149▲
2019 · €7,885
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 21 lines
Balance sheet Code20192020
Assets
Total assets20/58€34,187€35,016▲
Fixed assets21/28€611€306▼
Tangible fixed assets22/27€611€306▼
Current assets29/58€33,576€34,711▲
Amounts receivable within one year40/41€27,751€29,982▲
Cash at bank and in hand54/58€5,825€4,729▼
Equity and liabilities
Total equity and liabilities10/49€34,187€35,016▲
Equity10/15€26,302€23,867▼
Contributions10/11€18,600-
Reserves13€1,860€1,860=
Profit (loss) carried forward14€5,842€3,407▼
Amounts payable17/49€7,885€11,149▲
Amounts payable within one year42/48€7,885€11,149▲
Trade debts44€7,885€10,957▲
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€305€305=
Gross operating margin9900-€1,090-€2,045▼
Operating profit (loss)9901-€1,395-€2,351▼
Recurring financial charges65€86€84▼
Profit (loss) for the period before taxes9903-€1,481-€2,435▼
Profit (loss) for the period9904-€1,481-€2,435▼
Profit (loss) for the period to be appropriated9905-€1,481-€2,435▼

Source: Annual accounts 2020 (PDF), filed on 21-05-2021.

Line20192020Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€305€305=
Gross operating margin9900-€1,090-€2,045▼ 87.7%
Operating profit (loss)9901-€1,395-€2,351▼ 68.5%
Recurring financial charges65€86€84▼ 2.0%
Profit (loss) for the period before taxes9903-€1,481-€2,435▼ 64.4%
Profit (loss) for the period9904-€1,481-€2,435▼ 64.4%
Profit (loss) for the period to be appropriated9905-€1,481-€2,435▼ 64.4%
Line20192020Change
Assets
Total assets20/58€34,187€35,016▲ 2.4%
Fixed assets21/28€611€306▼ 50.0%
Tangible fixed assets22/27€611€306▼ 50.0%
Current assets29/58€33,576€34,711▲ 3.4%
Amounts receivable within one year40/41€27,751€29,982▲ 8.0%
Cash at bank and in hand54/58€5,825€4,729▼ 18.8%
Equity and liabilities
Total equity and liabilities10/49€34,187€35,016▲ 2.4%
Equity10/15€26,302€23,867▼ 9.3%
Contributions10/11€18,600--
Reserves13€1,860€1,860=
Profit (loss) carried forward14€5,842€3,407▼ 41.7%
Amounts payable17/49€7,885€11,149▲ 41.4%
Amounts payable within one year42/48€7,885€11,149▲ 41.4%
Trade debts44€7,885€10,957▲ 39.0%
Line20192020Change
Profit (loss) for the period9904-€1,481-€2,435▼ 64.4%
+ Depreciation and write-downs630€305€305=
Operating cash flow (approximation)-€1,176-€2,129▼ 81.1%
Investment in fixed assets (approximation)-€0-
Change in cash--€1,096-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 22 filings with the National Bank
Financial year Type Filed Reference Document
30-06-2020 abbreviated format 21-05-2021 2021-14800503 PDF
30-06-2019 abbreviated format 29-01-2020 2020-03600029 PDF
30-06-2018 abbreviated format 28-02-2019 2019-06100537 PDF
31-12-2016 abbreviated format 29-08-2017 2017-51600556 PDF
31-12-2015 abbreviated format 29-08-2016 2016-51100276 PDF
31-12-2014 abbreviated format 28-08-2015 2015-51800074 PDF
31-12-2013 abbreviated format 25-08-2014 2014-48200014 PDF
31-12-2012 abbreviated format 26-08-2013 2013-49600281 PDF
31-12-2011 abbreviated format 28-07-2012 2012-36600495 PDF
31-12-2010 abbreviated format 30-08-2011 2011-50600255 PDF

Show all 22 filings

Board & ownership

Directors

Directors
1 director, last change in 2022
BALAN EMILIAN CONSTANTIN
Director · appointed in the act of 25-11-2022 · also on the board of 9 other companies · 7 other companies bankrupt, 1 judicially dissolved, 1 struck off
Current

Insolvency mandates

1 mandate
Role Name Tenure
Trustee Lies Dewael
Pegasuslaan 5, 1831 Diegem
07-03-2023 → 24-09-2024

Owners and capital

Shareholders

The directors' other companies

1 current director with another company that went bankrupt, was dissolved or struck off

7 other companies of this director went bankrupt (2023, 2024), 1 was judicially dissolved (2023) and 1 was struck off by the FPS Economy (2025).

Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.

Mandate history

2 people, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
BALAN EMILIAN CONSTANTIN
  • Director, appointed in the act of 25-11-2022, still in office
TURKOZ EVOL
  • Director, until 31-10-2022
See the board, name and registered office on a given date →

Network & group

Connections & network

9 connected companies

Timeline

Acts, filings and financial milestones

2024
30-09
Bankruptcy Bankruptcy closure (insufficient assets)
Enterprise Court of Brussels · judgment of 24-09-2024
2023
13-03
Bankruptcy Bankruptcy declared
Enterprise Court of Brussels · judgment of 07-03-2023
2022
25-11
Gazette deed Registered office moved from Wemmel to Brussel
New seat: SINT LAZARUS PLEIN 5 - 1210 BRUSSEL · Previous seat: KONINGIN ASTRIDLAAN 49- 1780 WEMMEL · Resignation: TURKOZ EVOL (director)8 points ▸
  • Director resignation, TURKOZ EVOL (director)
  • Director appointment, BALAN EMILIAN CONSTANTIN (director)
  • Share transfer, TURKOZ EVOL → BALAN EMILIAN CONSTANTIN
  • Other provision, “passiva en activa van het bovengenoemde bedrijf, kennisname passiva en activa van bedrijf” (deed in Dutch)
  • Director discharge, TURKOZ EVOL
  • Registered-office move, SINT LAZARUS PLEIN 5 - 1210 BRUSSEL
  • Power of attorney, BALAN EMILIAN CONSTANTIN
  • General meeting, 31-10-2022

Open the act in the Belgian Official Gazette

2021
21-05
NBB filing Annual accounts 2020 filedPDF
abbreviated format · 110 days late
2020
29-01
NBB filing Annual accounts 2019 filedPDF
abbreviated format · 2 days before the deadline
2019
28-02
NBB filing Annual accounts 2018 filedPDF
abbreviated format · 28 days late
2017
29-08
NBB filing Annual accounts 2016 filedPDF
abbreviated format · 29 days late
2016
29-08
NBB filing Annual accounts 2015 filedPDF
abbreviated format · 29 days late
2015
28-08
NBB filing Annual accounts 2014 filedPDF
abbreviated format · 28 days late
2014
25-08
NBB filing Annual accounts 2013 filedPDF
abbreviated format · 25 days late
2013
26-08
NBB filing Annual accounts 2012 filedPDF
abbreviated format · 26 days late
2012
28-07
NBB filing Annual accounts 2011 filedPDF
abbreviated format · 3 days before the deadline
2011
30-08
NBB filing Annual accounts 2010 filedPDF
abbreviated format · 30 days late
1998
23-01
Gazette deed Incorporation
20 publications in the Belgian Official Gazette, the last on 25-11-2022
SignalGazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

In 2022 the registered office moved to Brussel.1 AFCOM has filed 22 sets of annual accounts, the latest for financial year 2020.2 The company was declared bankrupt on 7 March 2023. The bankruptcy was closed on 24 September 2024.34

  1. 1Belgian Official Gazette, 25-11-2022
  2. 2National Bank, annual accounts 2020
  3. 3Belgian Official Gazette, 13-03-2023
  4. 4Belgian Official Gazette, 30-09-2024

Company details

Inactive

Inactive

AFCOM is no longer in the KBO register.

Status
Inactive
Last annual accounts
financial year to 30 June 2020
Last registered office
Koningin Astridlaan 49, 1780 Wemmelas published on 25 November 2022
Legal form
Private limited company
First annual accounts
financial year 1998
Official KBO record