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AFG

Active
Private limited companyfounded 2018active for 8 yearsSteenweg op Mechelen 455, 1950 Kraainem, BelgiumKBO/BCE: BE 0692.819.035
Summary

The computed 12-month bankruptcy probability of AFG is 4.8% (elevated). The 2025 annual accounts show equity of €44,096 and a net result of €24,721, of which €19,000 non-recurring income. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 35% of 5,879 sector peers (NACE 49, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 22-03-2018 Normal situation
Registered office
961 active companies are registered at this address 95 started in the 12 months before. Source: KBO register, as of 1 November 2026.
Activity
On-demand passenger transport by chauffeured vehicle NACE 49330and 3 others
Establishment units
2.274.337.026 1020 Brussel, since 03-04-2018
2.315.876.384 1120 Brussel, since 29-12-2019and 2 others
Financial year end
31 December
Peppol
Reachable since 12-01-2026

Board and ownership

Board

Financial position

39 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
4.8%
Annual accounts 2025
Gross margin
€72,620
▲ 3.5%
Turnover
≈ €170,000
estimated
Profit
€24,721
▲ 395%
Equity
€44,096
▲ 128%
Total assets
€189,975
▲ 39.8%
Filed on 31-07-2026, on time
Score breakdownraises risk2 of the last 3 accounts lateSector: Land transport and transport via pipelines (NACE 49)Liquidity: current ratio 0.66, cash €374 establishment unitsShow the evidence

Checked score

Score 2025
39 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 52% of micro companies in land transport (NACE 49)
Financial strength · tick: 2024
Average
Solvency 48+9
equity 23.2% of total assets
Liquidity 10-1
short-term debt 74.8% · cash 0.0%
Profitability 85+12
return on assets 13.0%
Bankruptcy probability within 12 months
4.8% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,099 companies, NACE 49, micro)
Last 24 months 12-2024: 18.1% 01-2025: 21.1%▲ +3.0 percentage points vs 12-2024 02-2025: 24.7%▲ +3.6 percentage points vs 01-2025 03-2025: 24.7%● unchanged vs 02-2025 04-2025: 24.9%▲ +0.2 percentage points vs 03-2025 05-2025: 24.2%▼ -0.7 percentage points vs 04-2025 06-2025: 23.6%▼ -0.6 percentage points vs 05-2025 07-2025: 23.1%▼ -0.5 percentage points vs 06-2025 08-2025: 23.8%▲ +0.7 percentage points vs 07-2025 09-2025: 24.9%▲ +1.1 percentage points vs 08-2025 10-2025: ≥ 25%▲ +3.4 percentage points vs 09-2025highest value 11-2025: ≥ 25%● unchanged vs 10-2025 12-2025: 18.3%▼ -9.0 percentage points vs 11-2025 01-2026: 18.3%● unchanged vs 12-2025 02-2026: 18.3%● unchanged vs 01-2026 03-2026: 18.3%● unchanged vs 02-2026 04-2026: 18.5%▲ +0.2 percentage points vs 03-2026 05-2026: 11.6%▼ -6.9 percentage points vs 04-2026 06-2026: 11.2%▼ -0.4 percentage points vs 05-2026 07-2026: 7.3%▼ -3.9 percentage points vs 06-2026 08-2026: 4.8%▼ -2.5 percentage points vs 07-2026lowest value 09-2026: 4.8%● unchanged vs 08-2026lowest value 10-2026: 4.8%● unchanged vs 09-2026lowest value 11-2026: 4.8%● unchanged vs 10-2026lowest value
Credit of up to €1,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is insufficient, with a current ratio of 0.66 (0.05 in 2024), below 1. Short-term debt is 74.8% and cash 0% of total assets. 76.8% of the assets are financed with debt and provisions.
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 49, micro). It does better than 35% of them on solvency, 10% on liquidity, 74% on profitability and 91% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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

Signals

Six signals.
lowers riskraises riskneutral
raises risk · 2 of the last 3 accounts late
NBB · filings
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Liquidity: current ratio 0.66, cash €37
NBB · annual accounts
raises risk · 4 establishment units
KBO · seat and establishments
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €44,096
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 31-07-2026, 0 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
on the day
2024
109 days late
2023
182 days late
2022
107 days late
2021
165 days late
2020
205 days late
2019
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 114 days after the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 November (4 of the last 5 accounts filed within 74 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 5th largest company by total assets in Kraainem, Transport and storage sectorin the Checked rankings No. 5 View
  • Caution: A director leftlatest change 12-08-2026 · 1 in office 1 left View

Recent changes

  1. · Gazette deed Transfer of 5 sharesResignation: Ehsanullah MUTMAHIN (director)
  2. · Gazette deed Resignations: HOSSAINI Masoud (director) and ZAHID Ahsanullah (director)
  3. · Gazette deed Transfer of 10 sharesResignation: HOSSAINI Hamid (director)
All 28 events

Comparable companies

These companies have the same main activity as AFG: on-demand passenger transport by chauffeured vehicle (NACE 49330). They are comparable in size and age: total assets between €150,000 and €196,000, founded between 2016 and 2019.

CompanyTotal assetsGross margin
AFG Kraainem€189,975€72,620
ROSANA Vilvoorde€177,000€65,849
EM CONCEPT Evere€176,076€64,687
BAH-KONE Brussel€180,722€78,240
TRANS SERVICES Zaventem€196,333€93,487
INS DRIVER SERVICE Vilvoorde€181,803€95,224
MALINTO Vilvoorde€149,948€74,160
Full comparison

Key facts about AFG

What is the company number of AFG?
The company number of AFG is 0692.819.035. The VAT number is the same number with BE in front: BE 0692.819.035.
Where is AFG based?
The registered office is at Steenweg op Mechelen 455, 1950 Kraainem.Company details
What does AFG do?
According to the KBO register, the main activity is on-demand passenger transport by chauffeured vehicle (NACE 49330).
What is the legal form of AFG?
The legal form of AFG is Private limited company (BV).
When was AFG founded?
AFG was founded on 22-03-2018.
Is AFG still active?
Yes, AFG is an active enterprise in the KBO register.
How many employees does AFG have?
AFG had an average of 0.8 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of AFG?
The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €72,620 and 32 comparable companies (NACE 49330). It probably lies between €130,000 and €270,000. In financial year 2020 turnover was €153,836.
Is AFG profitable?
In financial year 2025, AFG made a profit of €24,721.
Where can I find the annual accounts of AFG?
AFG filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of AFG due?
AFG must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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