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AFCS

Active Private limited companyfounded 2024active for 2 yearsZavelstraat 80, 9500 GeraardsbergenKBO/BCE: BE 1005.129.935

Lifetime

2 annual accounts with figures on one time axis
peak €80,587 (2025)
€80,587▲ 16.0%
peak €45,520 (2025)
€45,520▲ 24.3%
peak €95,462 (2025)
€95,462▲ 88.0%
€82,307▲ 29.2%
Board1 name since 2024
1 director
Documentsfilings and deeds
30-05-202662 days before the deadline
2025abbreviated format
Gross margin from €69,443 to €80,587Dividend €833Equity from €50,775 to €95,462Debts from €63,710 to €82,307Investments €28,944Cash from €65,351 to €110,791

Key points

from the 2025 annual accounts

Equity

€95,462 ▲ 88.0%
50,7752024+45,520Profit-833Dividend95,4622025

AFCS paid out €833 in dividends. That is 2% of the 2025 profit.

Turnover

≈ €220,000 estimated

The abbreviated format states no turnover.

Investments

€28,944 2.2 × depreciation
20242025

Green is investment, beige is depreciation. Machinery stands 58.1% higher than in 2024.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 39,278 companies had the same profile as AFCS has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,278 companies, not a prediction for AFCS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 24-01-2024
  • founderdeed of 26-01-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1005129935
Incorporation Founding capital of €15,000, 100 shares · Founder: · Appointment: (director) · published on 26-01-2024 · Gazette deed
First establishment Zavelstraat 80, Geraardsbergen
All 5 events

Comparable companies

same main activity, similar in size and age
Company
AFCS Geraardsbergen €177,769 €80,587 53.7% -
Red Marine Beveren-Kruibeke-Zwijndrecht €166,085 €65,334 31.8% -
ODACE Dendermonde €180,084 €75,817 54.8% -
DRECIRC Etterbeek €171,825 €82,830 43.1% -
DOM CONSULT Profondeville €178,397 €90,285 73.9% -
Nogo Consulting Fosses-la-Ville €157,297 €80,983 75.0% -
Load RED Beersel €163,741 €87,892 81.5% -

These companies have the same main activity as AFCS: other professional, scientific and technical activities (NACE 74999). They are comparable in size and age: total assets between €157,000 and €180,000, founded between 2023 and 2024.

Official details

Source: KBO
Status
Active since 24-01-2024Normal situation
Activity
Other professional, scientific and technical activitiesNACE 74999and 2 others
Establishment unit
2.358.082.9659500 Geraardsbergen, since 24-01-2024
Financial year end
31 December
Peppol
Reachable since 16-05-2024
Company details

Annual accounts 2025

€177,769▲ 55.3%
Filing
Filed on 30-05-2026, 62 days before the end of the filing period
Financials

Insights on AFCS

AFCS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €95,462 and a net result of €45,520.

Its solvency ranks better than 61% of 819 sector peers (NACE 74, financial year 2025).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about AFCS

What is the company number of AFCS?
The company number of AFCS is 1005.129.935. The VAT number is the same number with BE in front: BE 1005.129.935.
Where is AFCS based?
The registered office is at Zavelstraat 80, 9500 Geraardsbergen.Company details
What does AFCS do?
According to the KBO register, the main activity is other professional, scientific and technical activities (NACE 74999).
What is the legal form of AFCS?
AFCS is a private limited company (BV).
When was AFCS founded?
AFCS was founded on 24-01-2024.
Is AFCS still active?
Yes, AFCS is an active enterprise in the KBO register.
What is the turnover of AFCS?
The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €80,587 and 1,300 comparable companies of the same size. It probably lies between €140,000 and €430,000. It is a rough estimate.Financials
Is AFCS profitable?
In financial year 2025, AFCS made a profit of €45,520.
Where can I find the annual accounts of AFCS?
AFCS filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of AFCS due?
AFCS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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