AFG LOGISTIK
ActiveSummary
The computed 12-month bankruptcy probability of AFG LOGISTIK is 4.1% (elevated). The 2025 annual accounts show equity of €87k and a net result of €20k. Equity is growing by ~50.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 4603 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability97▲+19
Solvency100▲+6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
short-term debt: 0.5% and cash: 16.1% of total assets, and 0.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
99.5%
Return on assets
22.4%
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 28-01-2026, 3 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
3 d early
2024
58 d early
2023
8 d early
2022
64 d early
2021
235 d late
2020
600 d late
← before the deadline
after the deadline →
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 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€87k▲ 29.1%
2024 · €67k
2020: €13k
2021: €18k
2022: €29k
2023: €60k
2024: €67k
2020 → 2025
Total assets
€87k▼ 11.1%
2024 · €98k
2020: €63k
2021: €98k
2022: €90k
2023: €76k
2024: €98k
2020 → 2025
Net result
€20k▲ 172%
2024 · €7k
2020: €13k
2021: €5k
2022: €11k
2023: €30k
2024: €7k
2020 → 2025
Working capital
€54k▲ 177%
2024 · €20k
2020: €-5k
2021: €-19k
2022: €6k
2023: €39k
2024: €20k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€18k-€29k▲ 61.6%€60k▲ 106%€67k▲ 12.0%€87k▲ 29.1%
Operating result€5k-€12k▲ 126%€32k▲ 179%€20k▼ 37.3%€32k▲ 59.3%
Net result€5k-€11k▲ 117%€30k▲ 168%€7k▼ 75.9%€20k▲ 172%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 59% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €87k
Fixed assets
€33k ▼ 31.4%
Current assets
€55k ▲ 8.1%
Equity and liabilities €87k
Equity
€87k ▲ 29.1%
Debt
€399 ▼ 98.7%
Debt's share of the balance-sheet total falls from 31.5% to 0.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€47k▲
2024 · €32k
Cash flow
€35k▲
2024 · €19k
Debt to equity
0.00▼
2024 · 0.46
ROE
22.5%▲
2024 · 10.7%
ROA
22.4%▲
2024 · 7.3%
Interest coverage
257.60▼
2024 · 276.05
Debt ≤ 1 year
€399▼
2024 · €31k
Income taxes
€13k▼
2024 · €13k
Staff costs
€35k
A ratio outside any meaningful range has been withheld (balance sheet total €87k, equity €87k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet
Code20242025
Assets
Total assets20/58€98k€87k▼
Fixed assets21/28€48k€33k▼
Tangible fixed assets22/27€48k€33k▼
Furniture and vehicles24€48k€33k▼
Current assets29/58€50k€55k▲
Amounts receivable within one year40/41€46k€40k▼
Trade receivables40€7k-
Other amounts receivable41€38k€40k▲
Cash at bank and in hand54/58€5k€14k▲
Equity and liabilities
Total equity and liabilities10/49€98k€87k▼
Equity10/15€67k€87k▲
Contributions10/11€100€100=
Capital10€100€100=
Issued capital100€100€100=
Profit (loss) carried forward14€67k€87k▲
Amounts payable17/49€31k€399▼
Amounts payable within one year42/48€31k€399▼
Trade debts44€31k€399▼
Suppliers440/4€31k€399▼
Income statement
Code20242025
Remuneration, social security and pensions62-€35k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€15k▲
Other operating charges640/8€3k€658▼
Gross operating margin9900€35k€83k▲
Operating profit (loss)9901€20k€32k▲
Financial charges65/66B€118€184▲
Recurring financial charges65€118€184▲
Profit (loss) for the period before taxes9903€20k€32k▲
Income taxes67/77€13k€13k▼
Profit (loss) for the period9904€7k€20k▲
Profit (loss) for the period to be appropriated9905€7k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€67k€87k▲
Profit (loss) brought forward from the previous period14P€60k€67k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Liquidity times 84current ratio 136.80
Current ratio from 1.63 to 136.80; short-term debt falls from €31k to €399.
2024
04-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
23-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2020net €30k ▲168%
Operating result €32k, net result €30k, both a record.
30-06
Financial
Liquidity triplescurrent ratio 3.44
Current ratio from 1.09 to 3.44; short-term debt falls from €61k to €16k.
2022
28-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
23-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 235 days late
23-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 600 days late
2021
30-06
Financial
Weakest financial yearnet €5k ▼60%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Vorst · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Van Volxemlaan 359/0031190 VorstGround area
95 m²
Building footprint
63 m²
Volume, LiDAR
928 m³
Parcel 21007A0051/00P006, Brussels · tallest building 18.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
AFG LOGISTIK
since 20182.281.832.057
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21007A0051/00P006 | Brussels | 95 m² | 1 · 63 m² | 18.1 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
LINA TAX
BE 0783.397.932
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AIRSERVICE TRANSPORT
BE 0770.679.153
Beernem · Eq €86,882
H & Z COMPANY
BE 0690.585.362
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Samex Solutions
BE 0765.699.291
Harelbeke · Eq €86,756
AUX DELICES DU CARTIER
BE 0755.783.715
Chimay · Eq €87,209
Of 6,994 companies in sector 49320 we hold annual accounts for 2,722. 1,969 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-10-2018
Fiscal year end30-06
Activities, NACEBEL 2025
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.