AFFULIENNE
ActiveSummary
AFFULIENNE has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €245,627 and a net result of €46,700. Equity is growing by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 52% of 1913 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability80▼-3
Solvency73▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18,000 at 30 days acceptable
Liquidity ample (current ratio 2.07 against 1.8 in 2024; short-term debt: 41.8% and cash: 30.7% of total assets), but 52.2% 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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% 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 2025Solvency, return and age of the figures
Solvency
47.8%
Return on assets
9.1%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-12-2025, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 d early
2024
25 d early
2023
27 d early
2022
26 d early
2021
7 d early
2020
27 d early
2019
10 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 24 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#9 oldest company in Lierneux
Equity
€245,627▲ 22.7%
2024 · €200,127
Total assets
€513,845▲ 13.7%
2024 · €451,976
Net result
€46,700▼ 6.7%
2024 · €50,066
Working capital
€228,965▲ 28.8%
2024 · €177,791
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€56,490▲ 69.8%€63,307▲ 12.1%€50,365▼ 20.4%€78,896▲ 56.6%€76,285▼ 3.3%
Net result€35,673▲ 75.9%€45,296▲ 27.0%€30,492▼ 32.7%€50,066▲ 64.2%€46,700▼ 6.7%
Equity€161,705▲ 28.3%€155,001▼ 4.1%€185,493▲ 19.7%€200,127▲ 7.9%€245,627▲ 22.7%
Total assets€324,591▼ 8.1%€430,100▲ 32.5%€402,379▼ 6.4%€451,976▲ 12.3%€513,845▲ 13.7%
Debt€162,886▼ 28.3%€275,100▲ 68.9%€216,886▼ 21.2%€251,849▲ 16.1%€268,217▲ 6.5%
Working capital€149,128▲ 34.9%€127,565▼ 14.5%€160,468▲ 25.8%€177,791▲ 10.8%€228,965▲ 28.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 3% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €513,845
Fixed assets
€70,059 ▲ 38.3%
Current assets
€443,786 ▲ 10.6%
Equity and liabilities €513,845
Equity
€245,627 ▲ 22.7%
Debt
€268,217 ▲ 6.5%
Debt's share of the balance-sheet total falls from 55.7% to 52.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€92,614▼
2024 · €100,801
Cash flow
€63,029▼
2024 · €71,971
Current ratio
2.07▲
2024 · 1.80
Quick ratio
1.93▲
2024 · 1.64
Debt to equity
1.09▼
2024 · 1.26
ROE
19.0%▼
2024 · 25.0%
ROA
9.1%▼
2024 · 11.1%
Interest coverage
6.85▼
2024 · 9.78
Debt ≤ 1 year
€214,820▼
2024 · €223,537
Debt > 1 year
€42,490▲
2024 · €20,508
Income taxes
€16,684▼
2024 · €19,044
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,082 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.6% |
| 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 74% 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 20,082 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,043 | €14,305 | €22,643 | €21,905 | €16,329 | ▼ 25.5% |
| Other operating charges640/8 | - | €3,601 | €754 | €656 | €788 | ▲ 20.0% |
| Gross operating margin9900 | €74,850 | €81,213 | €73,762 | €101,458 | €93,401 | ▼ 7.9% |
| Operating profit (loss)9901 | €56,490 | €63,307 | €50,365 | €78,896 | €76,285 | ▼ 3.3% |
| Financial income75/76B | - | €331 | €357 | €520 | €619 | ▲ 19.0% |
| Recurring financial income75 | €524 | €331 | €357 | €520 | €619 | ▲ 19.0% |
| Financial charges65/66B | - | €7,616 | €8,667 | €10,307 | €13,520 | ▲ 31.2% |
| Recurring financial charges65 | €6,813 | €7,616 | €8,667 | €10,307 | €13,520 | ▲ 31.2% |
| Profit (loss) for the period before taxes9903 | €50,200 | €56,022 | €42,056 | €69,110 | €63,384 | ▼ 8.3% |
| Income taxes67/77 | €14,527 | €10,726 | €11,563 | €19,044 | €16,684 | ▼ 12.4% |
| Profit (loss) for the period9904 | €35,673 | €45,296 | €30,492 | €50,066 | €46,700 | ▼ 6.7% |
| Profit (loss) for the period to be appropriated9905 | €35,673 | €45,296 | €30,492 | €50,066 | €46,700 | ▼ 6.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €324,591 | €430,100 | €402,379 | €451,976 | €513,845 | ▲ 13.7% |
| Fixed assets21/28 | €28,411 | €95,195 | €72,553 | €50,648 | €70,059 | ▲ 38.3% |
| Tangible fixed assets22/27 | €28,411 | €95,195 | €72,553 | €50,648 | €70,059 | ▲ 38.3% |
| Plant, machinery and equipment23 | - | €2,020 | €749 | - | - | - |
| Furniture and vehicles24 | - | €217 | - | - | - | - |
| Leasing and similar rights25 | - | €86,047 | €66,492 | €46,937 | €67,948 | ▲ 44.8% |
| Other tangible fixed assets26 | - | €6,911 | €5,311 | €3,711 | €2,111 | ▼ 43.1% |
| Current assets29/58 | €296,180 | €334,905 | €329,827 | €401,328 | €443,786 | ▲ 10.6% |
| Stocks and contracts in progress3 | €20,819 | €49,750 | €40,545 | €34,646 | €28,610 | ▼ 17.4% |
| Stocks30/36 | - | €49,750 | €40,545 | €34,646 | €28,610 | ▼ 17.4% |
| Amounts receivable within one year40/41 | €194,578 | €127,035 | €156,502 | €210,527 | €192,610 | ▼ 8.5% |
| Trade receivables40 | - | €121,997 | €153,762 | €207,788 | €189,870 | ▼ 8.6% |
| Other amounts receivable41 | - | €5,038 | €2,739 | €2,739 | €2,739 | = |
| Current investments50/53 | €35,643 | €95,630 | €60,616 | €60,754 | €60,971 | ▲ 0.4% |
| Cash at bank and in hand54/58 | €35,266 | €52,482 | €62,102 | €85,105 | €157,715 | ▲ 85.3% |
| Deferred charges and accrued income490/1 | - | €10,007 | €10,062 | €10,296 | €3,880 | ▼ 62.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €324,591 | €430,100 | €402,379 | €451,976 | €513,845 | ▲ 13.7% |
| Equity10/15 | €161,705 | €155,001 | €185,493 | €200,127 | €245,627 | ▲ 22.7% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €142,433 | €135,729 | €166,221 | €181,527 | €227,027 | ▲ 25.1% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | €133,869 | €164,361 | €181,527 | €227,027 | ▲ 25.1% |
| Profit (loss) carried forward14 | €672 | €672 | €672 | - | - | - |
| Amounts payable17/49 | €162,886 | €275,100 | €216,886 | €251,849 | €268,217 | ▲ 6.5% |
| Amounts payable after more than one year17 | €11,335 | €63,391 | €42,086 | €20,508 | €42,490 | ▲ 107% |
| Financial debts170/4 | - | €63,391 | €42,086 | €20,508 | €42,490 | ▲ 107% |
| Amounts payable within one year42/48 | €147,051 | €207,340 | €169,359 | €223,537 | €214,820 | ▼ 3.9% |
| Current portion of amounts payable after more than one year42 | - | €21,034 | €25,414 | €25,702 | €23,893 | ▼ 7.0% |
| Trade debts44 | €26,221 | €23,821 | €28,927 | €34,459 | €14,520 | ▼ 57.9% |
| Suppliers440/4 | - | €23,821 | €28,927 | €34,459 | €14,520 | ▼ 57.9% |
| Taxes, remuneration and social security45 | - | €2,154 | €8,585 | €11,646 | €11,069 | ▼ 5.0% |
| Taxes450/3 | - | €2,154 | €8,585 | €11,646 | €11,069 | ▼ 5.0% |
| Other amounts payable47/48 | - | €160,332 | €106,433 | €151,730 | €165,339 | ▲ 9.0% |
| Accrued charges and deferred income492/3 | - | €4,369 | €5,441 | €7,804 | €10,907 | ▲ 39.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €35,673 | €45,296 | €30,492 | €50,066 | €46,700 | ▼ 6.7% |
| + Depreciation and write-downs630 | €17,043 | €14,305 | €22,643 | €21,905 | €16,329 | ▼ 25.5% |
| Operating cash flow (approximation) | €52,716 | €59,601 | €53,135 | €71,971 | €63,029 | ▼ 12.4% |
| Investment in fixed assets (approximation) | - | -€81,090 | €0 | €0 | -€35,740 | - |
| Change in cash | - | €17,217 | €9,620 | €23,003 | €72,611 | ▲ 216% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
16-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
06-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2019net €50,066 ▲64.2%
Operating result €78,896, net result €50,066, both a record.
30-06
Financial
Equity above €200,000Eq €200,127 ▲7.9%
6 profitable years in a row build equity to €200,127.
04-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Equity above €150,000Eq €161,705 ▲28.3%
3 profitable years in a row build equity to €161,705.
04-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet €20,277 ▼31.5%
Net result drops to €20,277, the lowest in the series; recovery starts the following year.
21-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
20-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
21-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Lierneux · 1 establishment unit since 1989
Ground area
516 m²
Building footprint
255 m²
Volume, LiDAR
1,442 m³
Parcel 63045G0627/00C000, Wallonia · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
AFFULIENNE
since 19892.044.433.465
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63045G0627/00C000 | Wallonia | 516 m² | 1 · 255 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,462 companies in sector 25530 we hold annual accounts for 1,655. 1,339 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-08-1989
Fiscal year end30-06
Activities, NACEBEL 2025
25530Machining of metals
95290Repair and maintenance of other personal and household goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0437976576
Registered
05-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.