AFILO
ActiveAFILO has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €97k and a net result of €-88k. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 19% of 6537 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
34
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability16▼-33
Solvency32▼-5
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity short (current ratio 0.57 against 0.8 in 2023; short-term debt: 55.6% and cash: 0% of total assets), and 92.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
7.5%
Return on assets
-6.8%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 6537 sector peers (2024).
NBB · sector comparisonPosition among 6537 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
68 d late
2023
61 d late
2022
87 d late
2021
61 d late
2020
107 d late
2019
119 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-88k
2023 · €8k
2018: €5k
2019: €9k
2020: €-50k
2021: €54k
2022: €15k
2023: €8k
2018 → 2024
Working capital
€-310k▼ 91.8%
2023 · €-162k
2018: €52k
2019: €-106k
2020: €-58k
2021: €-46k
2022: €-100k
2023: €-162k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€123k-€174k▲ 41.1%€185k▲ 6.3%€189k▲ 2.3%€97k▼ 48.7%
Operating result€-7k-€102k€48k▼ 52.5%€52k▲ 7.9%€-54k
Net result€-50k-€54k€15k▼ 73.1%€8k▼ 45.5%€-88k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €54k after €52k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.30M
Fixed assets
€885k▼ 8.5%
Current assets
€411k▼ 35.4%
Equity and liabilities €1.30M
Equity
€97k▼ 48.7%
Provisions
€29k▼ 6.3%
Debt
€1.17M▼ 15.4%
The debt ratio rises from 86.3% to 90.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€30k▼
2023 · €161k
Cash flow
€-4k▼
2023 · €117k
Solvency
7.5%▼
2023 · 11.8%
Current ratio
0.57▼
2023 · 0.80
Quick ratio
0.57▼
2023 · 0.80
Debt / equity
12.07▲
2023 · 7.32
ROE
-91.2%▼
2023 · 4.2%
ROA
-6.8%▼
2023 · 0.5%
Interest coverage
0.73▼
2023 · 3.55
Debt
€1.17M▼
2023 · €1.38M
Debt ≤ 1 year
€720k▼
2023 · €797k
Debt > 1 year
€449k▼
2023 · €586k
Income taxes
€-1k▼
2023 · €7k
Staff costs
€161k▼
2023 · €188k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.60M€1.30M▼
Fixed assets21/28€967k€885k▼
Tangible fixed assets22/27€960k€878k▼
Land and buildings22€819k€773k▼
Plant, machinery and equipment23€129k€100k▼
Furniture and vehicles24€9k€3k▼
Other tangible fixed assets26€3k€2k▼
Financial fixed assets28€7k€7k=
Current assets29/58€636k€411k▼
Amounts receivable within one year40/41€587k€378k▼
Trade receivables40€574k€352k▼
Other amounts receivable41€13k€26k▲
Cash at bank and in hand54/58€4k€597▼
Deferred charges and accrued income490/1€45k€32k▼
Equity and liabilities
Total equity and liabilities10/49€1.60M€1.30M▼
Equity10/15€189k€97k▼
Contributions10/11€19k€19k=
Reserves13€14k€14k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€12k€12k=
Profit (loss) carried forward14€96k€8k▼
Investment grants15€60k€56k▼
Provisions and deferred taxes16€31k€29k▼
Deferred taxes168€31k€29k▼
Amounts payable17/49€1.38M€1.17M▼
Amounts payable after more than one year17€586k€449k▼
Financial debts170/4€586k€449k▼
Amounts payable within one year42/48€797k€720k▼
Current portion of amounts payable after more than one year42€148k€173k▲
Financial debts43€60k€123k▲
Credit institutions430/8€60k€123k▲
Trade debts44€396k€143k▼
Suppliers440/4€396k€143k▼
Advances received on contracts in progress46€18k€63k▲
Taxes, remuneration and social security45€83k€109k▲
Taxes450/3€16k€21k▲
Remuneration and social security454/9€66k€88k▲
Other amounts payable47/48€93k€109k▲
Income statement
Code20232024
Remuneration, social security and pensions62€188k€161k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€109k€84k▼
Other operating charges640/8€12k€15k▲
Non-recurring operating charges66A€150€3k▲
Gross operating margin9900€362k€211k▼
Operating profit (loss)9901€52k€-54k▼
Financial income75/76B€7k€4k▼
Recurring financial income75€7k€4k▼
Financial charges65/66B€46k€42k▼
Recurring financial charges65€46k€42k▼
Profit (loss) for the period before taxes9903€13k€-92k▼
Transfer from deferred taxes780€1k€2k▲
Income taxes67/77€7k€-1k▼
Profit (loss) for the period9904€8k€-88k▼
Profit (loss) for the period to be appropriated9905€8k€-88k▼
Appropriation of the result
Profit (loss) to be appropriated9906€96k€8k▼
Profit (loss) brought forward from the previous period14P€88k€96k▲
Social balance
Average headcount (FTE)90873.12.8▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 68 days late
2024
31-12
Financial
Weakest financial yearnet €-88k ▼1207%
Net result drops to €-88k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 61 days late
2023
26-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 87 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 61 days late
2021
31-12
Financial
Back to profitnet €54k
Net result €54k after one loss-making year.
31-12
Financial
Equity above €150kEq €174k ▲41.1%
Equity rises from €123k to €174k.
15-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 107 days late
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 119 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 59 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 60 days late
2016
05-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 36 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Brussel · 1 establishment unit since 2002
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.
Emile Duraylaan 661000 BrusselGround area
9,848 m²
Building footprint
1,407 m²
Volume, LiDAR
25,889 m³
2 parcels, Brussels · tallest building 29.7 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
AFILO
since 20022.103.251.394
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21447B0298/00S013 | Brussels | 9,346 m² | 1 · 1,407 m² | 29.7 m · 6 fl. |
| 21822R0307/00C002 | Brussels | 502 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
Smartcomfort
BE 0737.660.353
Bocholt · Eq €97k
JAN ROM
BE 0475.907.437
Brussel · Eq €97k
Fiore design
BE 0704.937.206
Zwevegem · Eq €97k
DECORLYNN
BE 0641.833.360
Kortrijk · Eq €97k
INTERCLASS
BE 0426.666.871
Sint-Gillis-Waas · Eq €97k
Of 2,610 companies in sector 47551 we hold annual accounts for 1,718. 1,317 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-03-2000
Fiscal year end31-12
Activities, NACEBEL
47551Retail sale of household furniture
47591Retail trade
52441
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.