Turnover
≈ €500,000 estimated
The micro format states no turnover.
AFEXS
Lifetime
1 annual account with figurespeak €151,917 (2025)
€151,917
peak €102,567 (2025)
€102,567
peak €105,567 (2025)
€105,567
€48,608
Board2 names since 2024
1 directorLORENZINI Alessio
Documentsfilings and deeds
21-06-202640 days before the deadline
2025micro format
First year with figures
Key points
from the 2025 annual accountsBoard
1 joined
New director. Latest change 08-01-2026 · 2 in office.
Position in the sector
€102,567
Higher net result than 95% of companies in construction of buildings. Sector median €8,554 · 9,452 companies.
Checked score
87
Excellent
Financially stronger than 86% of micro companies in construction of buildings (NACE 41)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,460 companies (NACE 41, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
10-2025: 3.6%
11-2025: 3.6%● unchanged vs 10-2025
12-2025: 3.8%▲ +0.2 percentage points vs 11-2025
01-2026: 4.1%▲ +0.3 percentage points vs 12-2025
02-2026: 4.2%▲ +0.1 percentage points vs 01-2026
03-2026: 4.6%▲ +0.4 percentage points vs 02-2026
04-2026: 4.6%● unchanged vs 03-2026
05-2026: 5.0%▲ +0.4 percentage points vs 04-2026highest value
06-2026: 5.0%● unchanged vs 05-2026
07-2026: 0.4%▼ -4.6 percentage points vs 06-2026
08-2026: 0.4%● unchanged vs 07-2026lowest value
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.4%● unchanged vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Liquidity: current ratio 2.71, cash €107,174
Equity €105,567 (68.5% of total assets)
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 78% of them on solvency, 88% on liquidity and 91% on profitability.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as AFEXS 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
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of AFEXS itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 AFEXS. 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
Credit of up to €9,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 2.71, above the usual 1.5. Short-term debt is 31.5% and cash 69.5% of total assets. 31.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-06-2026, 40 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
40 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Appointment: Lorenzini C.H. (director)
Permanent representative: Lorenzini Davide · General meeting of 08-01-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1014045720
Incorporation
Founding capital of €3,000, 100 shares · Founder: LORENZINI Alessio · Appointment: LORENZINI Alessio (director) · published on 26-09-2024 · Gazette deed
First establishment
Antwerpsesteenweg 375, Lier
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| AFEXS Lier | €154,175 | €151,917 | 68.5% | - |
| BARENO Mechelen | €185,327 | €143,299 | 53.6% | - |
| Nailed it Ravels | €194,569 | €147,335 | 79.4% | - |
| LDB PROJECTS Zandhoven | €164,610 | €136,827 | 53.7% | - |
| NAWA Construct Kapellen | €197,987 | €157,565 | 47.3% | - |
| UVERGOELS DENIS Vresse-sur-Semois | €162,843 | €158,438 | 21.2% | - |
| SDD COMPANY Vilvoorde | €145,902 | €146,546 | 78.1% | - |
These companies have the same main activity as AFEXS: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €146,000 and €198,000, founded in 2024.
Official details
Source: KBO- Status
- Active since 24-09-2024Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 3 others
- Establishment unit
- 2.364.026.1942500 Lier, since 24-09-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 26-11-2025
Annual accounts 2025
- €154,175
- Filing
- Filed on 21-06-2026, 40 days before the end of the filing period
Insights on AFEXS
AFEXS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €105,567 and a net result of €102,567.
Its solvency ranks better than 77% of 9,462 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
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 AFEXS
- What is the company number of AFEXS?
- The company number of AFEXS is 1014.045.720. The VAT number is the same number with BE in front: BE 1014.045.720.
- Where is AFEXS based?
- The registered office is at Antwerpsesteenweg 375, 2500 Lier.Company details
- What does AFEXS do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of AFEXS?
- AFEXS is a private limited company (BV).
- When was AFEXS founded?
- AFEXS was founded on 24-09-2024.
- Is AFEXS still active?
- Yes, AFEXS is an active enterprise in the KBO register.
- What is the turnover of AFEXS?
- The turnover in financial year 2025 is ≈ €500,000. This figure is estimated from the gross margin of €151,917 and 97 comparable companies (NACE 41001). It probably lies between €350,000 and €770,000.Financials
- Is AFEXS profitable?
- In financial year 2025, AFEXS made a profit of €102,567.
- Where can I find the annual accounts of AFEXS?
- AFEXS filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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