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Complete company report
Generated 20-07-2026
Active BE 0802.705.979Private limited company

Afgelast

Toekomststraat 10 ·9040 Gent, Belgium· 3 yrs active
Sector: NACE 25530 (25530)
Conclusion Checked

The computed 12-month bankruptcy probability of Afgelast is 5.1% (elevated). The 2024 annual accounts show negative equity (€-13k) and a net result of €-19k. Its solvency ranks better than 5% of 691 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €-13k
Net result €-19k
Better than sector 5%
Active 3 yrs
Snowflake analysis 5 axes · computed by Checked
Health7Profitability100Solvency33Growth32Stability94
53 / 100

Mixed profile: strong on profitability, weaker on health.

Health 7
Profitability 100
Solvency 33
Growth 32
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
5.1% Elevated
0%0,5%1,5%4%10%≥25%
Young company +Annual accounts: weaker financial profile +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
7 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 09-09-2025 with the NBB · fiscal year 2024 · micro
€-20k€-10k€0€10kOperating result 2023: €5k€5kNet result 2023: €4k€4kOperating result 2024: €-20k€-20kNet result 2024: €-19k€-19k20232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 25 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -73.1% 39.4%
better than 5% of 691 sector peers
Net result €-19k €13k
better than 6% of 690 sector peers
Equity €-13k €37k
better than 6% of 691 sector peers
Gross operating margin €-10k €39k
better than 5% of 689 sector peers
Total assets €17k €110k
better than 6% of 691 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€-18k
- far below sector median
Net profit
€-19k
- far below sector median
Cash flow
€-18k
- far below sector median
Total assets
€17k
-31.6% -97% vs sector
Equity
€-13k
- far below sector median
Working capital
€-15k
-99.4% far below sector median
Income taxes
€140
-88.2% -99% vs sector
Debt
€30k
+63.1% -79% vs sector
Debt ≤ 1y
€22k
+27.4% -84% vs sector
Debt > 1y
€8k
- -60% vs sector
Current ratio
0.32
-42.9% -77% vs sector
Quick ratio
0.32
-42.9% -77% vs sector
Solvency
-73.1%
- far below sector median
Debt / equity
-2.37
- far below sector median
ROE
154.8%
+174.4% far above sector median
ROA
-113.2%
- far below sector median
Interest coverage
-57.65
- far below sector median
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€-18k
Net profit€-19k
Cash flow€-18k
Staff costs-
Income taxes€140
Dividends-
Total assets€17k
Equity€-13k
Debt€30k
of which ≤ 1y€22k
of which > 1y€8k
Working capital€-15k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.32
Quick ratio0.32
Working capital ratio-86.0%
Solvency-73.1%
Debt / equity-2.37
Long-term debt ratio-0.63
Interest coverage-57.65
Gross margin-
Net margin-
ROA-113.2%
ROE154.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€17k
Fixed assets 21/28€10k
Formation expenses 20€0
Tangible fixed assets 22/27€10k
Current assets 29/58€7k
Amounts receivable within one year 40/41€6k
Cash & bank 54/58€43
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€17k
Equity 10/15€-13k
Contributions / capital 10/11€3k
Reserves 13€0
Accumulated profits (losses) 14€-16k
Amounts payable 17/49€30k
Amounts payable after one year 17€8k
Amounts payable within one year 42/48€22k
Trade debts payable within one year 44€800
Income statement
Gross operating margin 9900€-10k
Operating result 9901€-20k
Financial income 75€611
Financial charges 65€307
Result before taxes 9903€-19k
Income taxes 67/77€140
Net result for the period 9904€-19k
Result to be appropriated 9905€-19k
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Ratios computed by Checked.
Legal Structure
NACE primary 25530
Legal form Private limited company(610)
Incorporation14-06-2023
StatusActive
Postal code9040
Establishment units 1 location
Afgelast
Toekomststraat 10, 9040 GentVervaardiging van metalen constructiewerken en delen daarvan
since 20232.349.416.214
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44432C1171/00A005 Flanders 112 m² 1 · 79 m² 12.8 m · 1 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 2 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
09-09-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
31-08-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE) Crossroads Bank
Activities
Verspanend bewerken van metalen25530Verspanend bewerken van metalen25620Vervaardiging van metalen constructiewerken en delen daarvan25110Vervaardiging van metalen constructiewerken en delen daarvan25110Schrijnwerk43320Schrijnwerk43320Overige werkzaamheden in verband met de afwerking van gebouwen43350Overige werkzaamheden in verband met de afwerking van gebouwen43390
Primary activity highlighted.
Names & trade names
Legal nameNL Afgelast
Registered office
Toekomststraat 10
9040 Gent, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative