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Affilips

Active
Public limited companyfounded 196858 yrs activeBiezenstraat 26-31, 3300 Tienen, BelgiumKBO/BCE: BE 0400.925.645
Summary

Affilips has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €53.7m and a net result of €12.8m. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 78% of 129 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability80▼-2
Solvency98▲+2
Growth64▼-4
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
Liquidity ample (current ratio 4.07 against 3.73 in 2023; short-term debt: 21.2% and cash: 14.2% of total assets), and 27.2% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 58 years 0 60 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 24
Relative position
BE, all sectors
reference
Manufacture of basic metals (NACE 24)
about 47% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
72.8%
Return on assets
17.3%
Age of the figures
21 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
34 d early
2023
30 d early
2022
42 d early
2021
39 d early
2020
39 d early
2019
39 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 37 days before the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 29% 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

History

Affilips was incorporated on 1 January 1968.1 Revenue went from EUR 166 million in 2018 to EUR 182 million in 2024 and headcount from 115 to 111 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, full schema

Turnover
€182.0m▼ 14.0%
2023 · €211.6m
EBIT margin
9.4%▲ 0.1pp
2023 · 9.3%
Net result
€12.8m▼ 10.6%
2023 · €14.3m
Working capital
€47.9m▲ 5.1%
2023 · €45.6m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 24, Manufacture of basic metals, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€123.9m▼ 17.6%€187.6m▲ 51.4%€214.5m▲ 14.3%€211.6m▼ 1.3%€182.0m▼ 14.0%
Operating result€12.0m▼ 14.5%€22.0m▲ 83.8%€21.9m▼ 0.4%€19.8m▼ 9.8%€17.2m▼ 13.2%
Net result€9.0mabove the sector's middle half▼ 9.7%€16.5mabove the sector's middle half▲ 82.8%€16.4mabove the sector's middle half▼ 0.6%€14.3mabove the sector's middle half▼ 13.0%€12.8mabove the sector's middle half▼ 10.6%
EBIT margin9.7%▲ 0.3pp11.7%▲ 2.1pp10.2%▼ 1.5pp9.3%▼ 0.9pp9.4%▲ 0.1pp
Equity€41.4mabove the sector's middle half▼ 7.7%€42.7mabove the sector's middle half▲ 3.2%€46.6mabove the sector's middle half▲ 9.2%€50.9mabove the sector's middle half▲ 9.2%€53.7mabove the sector's middle half▲ 5.4%
Total assets€68.4mabove the sector's middle half▼ 12.2%€87.6mabove the sector's middle half▲ 28.1%€96.6mabove the sector's middle half▲ 10.2%€72.1mabove the sector's middle half▼ 25.4%€73.7mabove the sector's middle half▲ 2.3%
Debt€22.4m▼ 20.1%€40.5m▲ 80.8%€45.8m▲ 13.1%€17.1m▼ 62.7%€15.9m▼ 7.0%
Working capital€39.4mabove the sector's middle half▼ 8.8%€38.7mabove the sector's middle half▼ 1.7%€41.1mabove the sector's middle half▲ 6.1%€45.6mabove the sector's middle half▲ 11.0%€47.9mabove the sector's middle half▲ 5.1%
Solvency60.5%within the sector's middle half▲ 2.9pp48.8%within the sector's middle half▼ 11.8pp48.3%within the sector's middle half▼ 0.5pp70.7%above the sector's middle half▲ 22.4pp72.8%above the sector's middle half▲ 2.2pp
Current ratio2.78within the sector's middle half▲ 0.221.96within the sector's middle half▼ 0.811.91within the sector's middle half▼ 0.063.73above the sector's middle half▲ 1.834.07above the sector's middle half▲ 0.33
Return on assets (ROA)13.2%above the sector's middle half▲ 0.4pp18.9%above the sector's middle half▲ 5.6pp17.0%above the sector's middle half▼ 1.8pp19.8%above the sector's middle half▲ 2.8pp17.3%above the sector's middle half▼ 2.5pp
Staff (FTE)114.1within the sector's middle half▼ 2.2%114within the sector's middle half▼ 0.1%117.1within the sector's middle half▲ 2.7%113.7within the sector's middle half▼ 2.9%110.5within the sector's middle half▼ 2.8%
above within below the middle half (P25 to P75) of NACE 24, Manufacture of basic metals, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€10.0m€20.0mOperating result 2020: €12.0m€12.0mNet result 2020: €9.0m€9.0mOperating result 2021: €22.0m€22.0mNet result 2021: €16.5m€16.5mOperating result 2022: €21.9m€21.9mNet result 2022: €16.4m€16.4mOperating result 2023: €19.8m€19.8mNet result 2023: €14.3m€14.3mOperating result 2024: €17.2m€17.2mNet result 2024: €12.8m€12.8m20202021202220232024€0€10m€20mOperating result 2022: €21.9m€22mNet result 2022: €16.4m€16mOperating result 2023: €19.8m€20mNet result 2023: €14.3m€14mOperating result 2024: €17.2m€17mNet result 2024: €12.8m€13m202220232024
The operating result has fallen three years in a row; 2024 is 13% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €73.7m
Fixed assets €10.2m ▲ 4.0%
Current assets €63.5m ▲ 2.0%
Equity and liabilities €73.7m
Equity €53.7m ▲ 5.4%
Provisions €4.1m ▲ 2.0%
Debt €15.9m ▼ 7.0%
Debt's share of the balance-sheet total falls from 23.7% to 21.6%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€18.4m▼
2023 · €21.0m
Cash flow
€14.0m▼
2023 · €15.5m
Quick ratio
2.05▲
2023 · 1.61
Debt to equity
0.30▼
2023 · 0.34
ROE
23.8%▼
2023 · 28.1%
Interest coverage
232.37▲
2023 · 23.31
Debt ≤ 1 year
€15.6m▼
2023 · €16.7m
Income taxes
€4.4m▼
2023 · €4.8m
Staff costs
€11.2m▼
2023 · €11.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,577 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 97% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.1% went bankrupt
3.1% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,577 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 91 lines
Balance sheet Code20232024
Assets
Total assets20/58€72.1m€73.7m▲
Fixed assets21/28€9.8m€10.2m▲
Tangible fixed assets22/27€9.7m€10.1m▲
Land and buildings22€5.7m€5.6m▼
Plant, machinery and equipment23€3.0m€3.2m▲
Furniture and vehicles24€588,294€573,098▼
Other tangible fixed assets26€286,995€269,151▼
Assets under construction and advance payments27€185,273€488,287▲
Financial fixed assets28€62,395€66,091▲
Other financial fixed assets284/8€62,395€66,091▲
Shares284€62,395€62,395=
Amounts receivable and cash guarantees285/8-€3,696
Current assets29/58€62.3m€63.5m▲
Stocks and contracts in progress3€35.5m€31.6m▼
Stocks30/36€35.5m€31.6m▼
Raw materials and consumables30/31€10.6m€9.9m▼
Finished goods33€23.7m€21.3m▼
Goods purchased for resale34€5,946€12,869▲
Advance payments36€1.2m€383,538▼
Amounts receivable within one year40/41€25.6m€20.7m▼
Trade receivables40€25.0m€19.8m▼
Other amounts receivable41€556,979€858,293▲
Cash at bank and in hand54/58€359,787€10.5m▲
Deferred charges and accrued income490/1€829,828€792,577▼
Equity and liabilities
Total equity and liabilities10/49€72.1m€73.7m▲
Equity10/15€50.9m€53.7m▲
Contributions10/11€1.4m€1.4m=
Capital10€1.4m€1.4m=
Issued capital100€1.4m€1.4m=
Reserves13€49.6m€52.3m▲
Non-distributable reserves130/1€139,226€139,226=
Legal reserve130€136,400€136,400=
Other1319€2,826€2,826=
Tax-exempt reserves132€463,537€436,784▼
Distributable reserves133€48.9m€51.7m▲
Provisions and deferred taxes16€4.0m€4.1m▲
Provisions for liabilities and charges160/5€4.0m€4.0m▲
Pensions and similar obligations160€60,229€64,817▲
Major repairs and maintenance162€36,000€169,025▲
Other liabilities and charges164/5€3.9m€3.8m▼
Deferred taxes168€75,204€66,286▼
Amounts payable17/49€17.1m€15.9m▼
Amounts payable within one year42/48€16.7m€15.6m▼
Financial debts43€470,311-
Credit institutions430/8€470,311-
Trade debts44€3.0m€2.9m▼
Suppliers440/4€3.0m€2.9m▼
Taxes, remuneration and social security45€3.2m€2.7m▼
Taxes450/3€908,190€334,940▼
Remuneration and social security454/9€2.3m€2.4m▲
Other amounts payable47/48€10.0m€10.0m=
Accrued charges and deferred income492/3€421,008€276,617▼
Income statement Code20232024
Operating income70/76A€205.0m€182.1m▼
Turnover70€211.6m€182.0m▼
Change in stocks of work in progress, finished goods and contracts in progress71-€9.0m-€2.4m▲
Other operating income74€2.4m€2.4m▲
Non-recurring operating income76A€85,700€66,986▼
Operating charges60/66A€185.2m€165.0m▼
Goods for resale, raw materials and consumables60€156.6m€138.7m▼
Purchases600/8€153.1m€138.0m▼
Change in stocks: decrease (increase)609€3.5m€701,349▼
Services and other goods61€15.5m€13.4m▼
Remuneration, social security and pensions62€11.4m€11.2m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.2m€1.3m▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€113,681€88,445▲
Other operating charges640/8€278,798€262,825▼
Non-recurring operating charges66A€316,515€19,913▼
Operating profit (loss)9901€19.8m€17.2m▼
Financial income75/76B€310,581€123,758▼
Recurring financial income75€310,581€123,758▼
Income from current assets751€306,481€122,498▼
Other financial income752/9€4,100€1,260▼
Financial charges65/66B€998,460€156,109▼
Recurring financial charges65€998,460€156,109▼
Debt charges650€900,764€79,313▼
Other financial charges652/9€97,696€76,796▼
Profit (loss) for the period before taxes9903€19.1m€17.1m▼
Transfer from deferred taxes780€8,075€10,033▲
Transfer to deferred taxes680€22,269€1,116▼
Income taxes67/77€4.8m€4.4m▼
Taxes670/3€4.8m€4.4m▼
Profit (loss) for the period9904€14.3m€12.8m▼
Transfer from tax-exempt reserves789€24,226€30,101▲
Transfer to tax-exempt reserves689€66,806€3,348▼
Profit (loss) for the period to be appropriated9905€14.2m€12.8m▼
Appropriation of the result
Profit (loss) to be appropriated9906€14.2m€12.8m▼
Transfer to equity691/2€4.2m€2.8m▼
To other reserves6921€4.2m€2.8m▼
Profit to be distributed694/7€10.0m€10.0m=
Return on contributions (dividend)694€10.0m€10.0m=
Social balance
Average headcount (FTE)9087113.7110.5▼

The notes to these accounts (74 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Operating income70/76A-€197.3m€226.7m€205.0m€182.1m▼ 11.1%
Turnover70€123.9m€187.6m€214.5m€211.6m€182.0m▼ 14.0%
Change in stocks of work in progress, finished goods and contracts in progress71-€7.5m€10.0m-€9.0m-€2.4m▲ 73.8%
Other operating income74-€2.1m€2.2m€2.4m€2.4m▲ 3.2%
Non-recurring operating income76A-€49,699€88,956€85,700€66,986▼ 21.8%
Operating charges60/66A-€175.2m€204.8m€185.2m€165.0m▼ 10.9%
Goods for resale, raw materials and consumables60-€152.4m€176.1m€156.6m€138.7m▼ 11.4%
Purchases600/8-€153.6m€182.5m€153.1m€138.0m▼ 9.9%
Change in stocks: decrease (increase)609--€1.2m-€6.4m€3.5m€701,349▼ 80.0%
Services and other goods61-€10.1m€14.8m€15.5m€13.4m▼ 13.4%
Remuneration, social security and pensions62-€11.4m€12.6m€11.4m€11.2m▼ 1.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.4m€1.2m€1.3m€1.2m€1.3m▲ 3.3%
Provisions for liabilities and charges: additions (uses and reversals)635/8--€220,356-€245,915-€113,681€88,445▲ 178%
Other operating charges640/8-€237,927€232,009€278,798€262,825▼ 5.7%
Non-recurring operating charges66A-€31,414€2,439€316,515€19,913▼ 93.7%
Operating profit (loss)9901€12.0m€22.0m€21.9m€19.8m€17.2m▼ 13.2%
Financial income75/76B-€200,772€362,218€310,581€123,758▼ 60.2%
Recurring financial income75€194,922€200,772€362,218€310,581€123,758▼ 60.2%
Income from current assets751-€148,783€204,502€306,481€122,498▼ 60.0%
Other financial income752/9-€51,989€157,716€4,100€1,260▼ 69.3%
Financial charges65/66B-€116,192€393,633€998,460€156,109▼ 84.4%
Recurring financial charges65€96,397€116,192€393,633€998,460€156,109▼ 84.4%
Debt charges650€19,651€67,439€266,815€900,764€79,313▼ 91.2%
Other financial charges652/9-€48,753€126,818€97,696€76,796▼ 21.4%
Profit (loss) for the period before taxes9903€12.1m€22.1m€21.9m€19.1m€17.1m▼ 10.2%
Transfer from deferred taxes780-€10,547€9,197€8,075€10,033▲ 24.2%
Transfer to deferred taxes680-€9,848€12,925€22,269€1,116▼ 95.0%
Income taxes67/77€3.0m€5.6m€5.5m€4.8m€4.4m▼ 8.5%
Taxes670/3-€5.6m€5.5m€4.8m€4.4m▼ 8.5%
Tax adjustments and reversals of tax provisions77-€260----
Profit (loss) for the period9904€9.0m€16.5m€16.4m€14.3m€12.8m▼ 10.6%
Transfer from tax-exempt reserves789-€31,641€27,590€24,226€30,101▲ 24.2%
Transfer to tax-exempt reserves689-€29,544€38,775€66,806€3,348▼ 95.0%
Profit (loss) for the period to be appropriated9905€9.1m€16.5m€16.4m€14.2m€12.8m▼ 10.2%
Line20202021202220232024Change
Assets
Total assets20/58€68.4m€87.6m€96.6m€72.1m€73.7m▲ 2.3%
Fixed assets21/28€6.8m€8.6m€10.1m€9.8m€10.2m▲ 4.0%
Tangible fixed assets22/27€6.7m€8.6m€10.0m€9.7m€10.1m▲ 4.0%
Land and buildings22-€2.6m€6.0m€5.7m€5.6m▼ 1.9%
Plant, machinery and equipment23-€2.7m€2.8m€3.0m€3.2m▲ 7.6%
Furniture and vehicles24-€286,979€451,524€588,294€573,098▼ 2.6%
Other tangible fixed assets26-€325,520€305,322€286,995€269,151▼ 6.2%
Assets under construction and advance payments27-€2.7m€424,788€185,273€488,287▲ 164%
Financial fixed assets28€62,395€62,395€62,395€62,395€66,091▲ 5.9%
Other financial fixed assets284/8-€62,395€62,395€62,395€66,091▲ 5.9%
Shares284-€62,395€62,395€62,395€62,395=
Amounts receivable and cash guarantees285/8----€3,696-
Current assets29/58€61.6m€79.0m€86.5m€62.3m€63.5m▲ 2.0%
Stocks and contracts in progress3€22.3m€35.4m€47.4m€35.5m€31.6m▼ 11.1%
Stocks30/36-€35.4m€47.4m€35.5m€31.6m▼ 11.1%
Raw materials and consumables30/31-€7.4m€13.7m€10.6m€9.9m▼ 6.7%
Finished goods33-€22.8m€32.7m€23.7m€21.3m▼ 10.0%
Goods purchased for resale34-€194,106€350,131€5,946€12,869▲ 116%
Advance payments36-€5.0m€630,717€1.2m€383,538▼ 69.2%
Amounts receivable within one year40/41€18.6m€26.8m€37.3m€25.6m€20.7m▼ 19.2%
Trade receivables40-€26.0m€22.1m€25.0m€19.8m▼ 20.8%
Other amounts receivable41-€800,862€15.3m€556,979€858,293▲ 54.1%
Current investments50/53€20.0m€15.0m----
Other investments51/53-€15.0m----
Cash at bank and in hand54/58€90,111€765,250€377,465€359,787€10.5m▲ 2,817%
Deferred charges and accrued income490/1-€1.0m€1.4m€829,828€792,577▼ 4.5%
Equity and liabilities
Total equity and liabilities10/49€68.4m€87.6m€96.6m€72.1m€73.7m▲ 2.3%
Equity10/15€41.4m€42.7m€46.6m€50.9m€53.7m▲ 5.4%
Contributions10/11€1.4m€1.4m€1.4m€1.4m€1.4m=
Capital10-€1.4m€1.4m€1.4m€1.4m=
Issued capital100-€1.4m€1.4m€1.4m€1.4m=
Reserves13€40.0m€41.3m€45.3m€49.6m€52.3m▲ 5.6%
Non-distributable reserves130/1-€139,226€139,226€139,226€139,226=
Legal reserve130-€136,400€136,400€136,400€136,400=
Other1319-€2,826€2,826€2,826€2,826=
Tax-exempt reserves132-€409,771€420,957€463,537€436,784▼ 5.8%
Distributable reserves133-€40.8m€44.7m€48.9m€51.7m▲ 5.7%
Provisions and deferred taxes16€4.6m€4.4m€4.1m€4.0m€4.1m▲ 2.0%
Provisions for liabilities and charges160/5-€4.3m€4.1m€4.0m€4.0m▲ 2.2%
Pensions and similar obligations160-€32,752€47,730€60,229€64,817▲ 7.6%
Major repairs and maintenance162-€358,168€146,438€36,000€169,025▲ 370%
Other liabilities and charges164/5-€3.9m€3.9m€3.9m€3.8m▼ 1.3%
Deferred taxes168-€57,282€61,010€75,204€66,286▼ 11.9%
Amounts payable17/49€22.4m€40.5m€45.8m€17.1m€15.9m▼ 7.0%
Amounts payable within one year42/48€22.2m€40.2m€45.4m€16.7m€15.6m▼ 6.3%
Financial debts43-€16.2m€22.3m€470,311--
Credit institutions430/8-€16.2m€22.3m€470,311--
Trade debts44€3.4m€4.6m€6.0m€3.0m€2.9m▼ 3.4%
Suppliers440/4-€4.6m€6.0m€3.0m€2.9m▼ 3.4%
Taxes, remuneration and social security45-€4.1m€4.6m€3.2m€2.7m▼ 15.0%
Taxes450/3-€926,250€1.0m€908,190€334,940▼ 63.1%
Remuneration and social security454/9-€3.2m€3.6m€2.3m€2.4m▲ 3.9%
Other amounts payable47/48-€15.2m€12.5m€10.0m€10.0m=
Accrued charges and deferred income492/3-€267,246€407,211€421,008€276,617▼ 34.3%
Line20202021202220232024Change
Profit (loss) for the period9904€9.0m€16.5m€16.4m€14.3m€12.8m▼ 10.6%
+ Depreciation and write-downs630€1.4m€1.2m€1.3m€1.2m€1.3m▲ 3.3%
Operating cash flow (approximation)€10.4m€17.7m€17.7m€15.5m€14.0m▼ 9.5%
Investment in fixed assets (approximation)--€3.0m-€2.7m-€931,911-€1.7m▼ 78.2%
Change in cash-€675,138-€387,785-€17,678€10.1m▲ 57,422%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
27-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
01-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Equity above €50mEq €50.9m ▲9.2%
6 profitable years in a row build equity to €50.9m.
19-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
22-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Highest result since 2018net €16.5m ▲82.8%
Operating result €22.0m, net result €16.5m, both a record.
22-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Weakest financial yearnet €9.0m ▼9.7%
Net result drops to €9.0m, the lowest in the series; recovery starts the following year.
22-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
17-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
18-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
19-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
20-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 18 acts read
About the unread acts

We know of 18 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
18 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tienen · 1 establishment unit since 1961
seat establishment The establishment unit on the map
Ground area
558 m²
2 parcels, Flanders. Linked by address, not a title deed.
1 establishment unit
Biezenstraat 27, 3300 Tienen
Manufacture of basic metals
since 19612.004.967.531
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24592F0291/00R003 Flanders 508 m² - -
24592F0291/00G003 Flanders 50 m² - -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

2 owners

Owners 2

Holdings 0

The accounts to 31-12-2024 list no holdings, and no other source names one.

According to the 2024 annual accounts of Affilips and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 8 entries · 1,523,877 EUR awarded · 1,501,442 EUR paid
Year Entries awardedpaid
2025 2 515,326 EUR515,326 EUR
2024 3 454,589 EUR464,549 EUR
2023 2 531,527 EUR521,567 EUR
2022 1 22,435 EUR0 EUR
Schemes
3 entries · 1,498,283 EUR · 1,498,283 EUR paid · Fonds voor Innoveren en Ondernemen
1 entry · 22,435 EUR · Vlaams Energie- en Klimaatagentschap
2 entries · 3,159 EUR · 3,159 EUR paid · Departement Werk en Sociale Economie
2 entries · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Legal Entity Identifier

894500DDBM5PIJZJWV81
live in the LEI register

Similar companies · same sector, comparable size

Of 24 companies in sector 24540 we hold annual accounts for 19. 1 is within a factor 10 of this equity. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL 2025
24540Manufacture of basic metals
E-invoicing
Reachable via Peppol
Peppol ID 0208:0400925645
Also 9925:BE0400925645
Registered 17-09-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.