AFELEC
ActiveFrom the official registers: KBO 17 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
AFELEC has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €158,191 and a net result of €82,251. Equity has been stable since 2018 (±0.9% per year). Its solvency ranks better than 71% of 9,380 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 01-04-2009 Normal situation
- Legal form
- Private limited company
- Registered office
- Léon Matheysstraat 3, 1083 Ganshoren
- Activity
- General construction of residential buildings NACE 41001and 3 others
- Establishment unit
- 2.177.885.966 1083 Ganshoren, since 01-04-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 24-09-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €166,774
- ▲ 19.0%
- Turnover
- ≈ €550,000
- estimated
- Profit
- €82,251
- ▲ 40.1%
- Equity
- €158,191
- ▼ 4.1%
- Total assets
- €251,958
- ▲ 11.5%
- Staff
- ≈ 1.1 FTE
- estimated
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)lowers riskLiquidity: current ratio 1.96, cash €119,153Equity €158,191 (62.8% of total assets)Founded in 2009Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 41, micro). It does better than 72% of them on solvency, 85% on liquidity, 91% on profitability and 30% on growth.
The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
The company filed its last 7 accounts on average 9 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Higher net result than 94% of companies in construction of buildingssector median €8,543 · 9,370 companies €82,251 View
- Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
- Positive: 5 profitable years in a rowprofit 2025: €82,251 5 years View
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 30-06-2026
- Annual accounts 2024filed on 19-07-2025
- Annual accounts 2023filed on 18-07-2024
- Annual accounts 2022filed on 25-07-2023
Acts in the Belgian Official Gazette
All publications in the Belgian Official GazetteArticles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
- Check the withholding obligationwith enterprise number 0810.841.212
Key facts about AFELEC
- What is the company number of AFELEC?
- The company number of AFELEC is 0810.841.212. The VAT number is the same number with BE in front: BE 0810.841.212.
- Where is AFELEC based?
- The registered office is at Léon Matheysstraat 3, 1083 Ganshoren.Company details
- What does AFELEC do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of AFELEC?
- The legal form of AFELEC is Private limited company (BV).
- When was AFELEC founded?
- AFELEC was founded on 01-04-2009.
- Is AFELEC still active?
- Yes, AFELEC is an active enterprise in the KBO register.
- How many employees does AFELEC have?
- AFELEC had an average of 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of AFELEC?
- The turnover in financial year 2025 is ≈ €550,000. This figure is estimated from the gross margin of €166,774 and 97 comparable companies (NACE 41001). It probably lies between €390,000 and €830,000.
- Is AFELEC profitable?
- In financial year 2025, AFELEC made a profit of €82,251.
- Where can I find the annual accounts of AFELEC?
- AFELEC filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of AFELEC due?
- AFELEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Comparable companies
These companies have the same main activity as AFELEC: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €225,000 and €280,000, founded between 2007 and 2010.
| Company | Total assets | Gross margin |
|---|---|---|
| AFELEC Ganshoren | €251,958 | €166,774 |
| Unicco Elsene | €264,432 | €145,156 |
| LAMBERT CONSTRUCT Viroinval | €246,387 | €168,122 |
| MAISONS DUVAL Couvin | €261,571 | €146,412 |
| Bouwmaatje Wingene | €279,763 | €165,984 |
| Gillet-Magnée Constructions Gedinne | €229,602 | €151,863 |
| MIGEOTTE CONSTRUCTION Awans | €225,291 | €150,675 |
Next steps
See how customers, suppliers and banks see your own company and what to improve first.