Summary
Afimo is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €448,635 and a net result of €18,315. Equity is growing by ~13.5% per year across the filed fiscal years. Its solvency ranks better than 66% of 1486 sector peers (fiscal year 2025). The company has been active since 1969 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 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
6 d late
2024
50 d early
2023
12 d late
2022
69 d early
2021
62 d early
2020
16 d late
2019
46 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 28 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#1 oldest company in Grimbergen, Finance and insurance sector
Equity
€448,635▲ 4.3%
2024 · €430,320
Net result
€18,315▼ 53.9%
2024 · €39,743
Total assets
€788,647▼ 5.7%
2024 · €836,091
Solvency
56.9%▲ 5.4pp
2024 · 51.5%
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€63,415€22,989▼ 63.7%€147,885▲ 543%€69,734▼ 52.8%€38,601▼ 44.6%
Net result€56,291€32,482▼ 42.3%€116,546▲ 259%€39,743▼ 65.9%€18,315▼ 53.9%
Equity€241,549▲ 30.4%€274,031▲ 13.4%€390,577▲ 42.5%€430,320▲ 10.2%€448,635▲ 4.3%
Total assets€637,158▼ 1.7%€638,300▲ 0.2%€819,298▲ 28.4%€836,091▲ 2.0%€788,647▼ 5.7%
Debt€296,516▼ 18.5%€280,611▼ 5.4%€347,852▲ 24.0%€327,690▼ 5.8%€264,720▼ 19.2%
Working capital€438,548▲ 5.8%€88,532▼ 79.8%€142,177▲ 60.6%€174,446▲ 22.7%€181,864▲ 4.3%
Solvency37.9%▲ 9.3pp42.9%▲ 5.0pp47.7%▲ 4.7pp51.5%▲ 3.8pp56.9%▲ 5.4pp
Staff (FTE)1.4▼ 41.7%1.1▼ 21.4%1.8▲ 63.6%1▼ 44.4%1=
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 45% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €788,647
Fixed assets
€469,105 ▼ 9.8%
Current assets
€319,542 ▲ 1.1%
Equity and liabilities €788,647
Equity
€448,635 ▲ 4.3%
Provisions
€75,292 ▼ 3.6%
Debt
€264,720 ▼ 19.2%
Debt's share of the balance-sheet total falls from 39.2% to 33.6%. Equity is higher and debt is lower.
Key figures and ratios
ROE
4.1%▼
2024 · 9.2%
ROA
2.3%▼
2024 · 4.8%
Debt ≤ 1 year
€137,678▼
2024 · €141,527
Debt > 1 year
€113,165▼
2024 · €178,796
Income taxes
€16,996▼
2024 · €25,249
Staff costs
€84,794▲
2024 · €79,165
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €20,000 | - | - |
| Remuneration, social security and pensions62 | €69,722 | €77,238 | €81,123 | €79,165 | €84,794 | ▲ 7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €26,580 | €37,755 | €35,250 | €59,688 | €58,010 | ▼ 2.8% |
| Other operating charges640/8 | €91 | €448 | €1,165 | €1,215 | €1,248 | ▲ 2.8% |
| Gross operating margin9900 | €159,807 | €138,430 | €265,424 | €209,802 | €182,653 | ▼ 12.9% |
| Operating profit (loss)9901 | €63,415 | €22,989 | €147,885 | €69,734 | €38,601 | ▼ 44.6% |
| Financial income75/76B | €5 | €16 | €705 | €1,921 | €859 | ▼ 55.3% |
| Recurring financial income75 | €5 | €16 | €705 | €1,921 | €859 | ▼ 55.3% |
| Financial charges65/66B | €6,418 | €4,962 | €7,041 | €9,452 | €6,938 | ▼ 26.6% |
| Recurring financial charges65 | €6,418 | €4,962 | €7,041 | €9,452 | €6,938 | ▼ 26.6% |
| Profit (loss) for the period before taxes9903 | €57,002 | €18,042 | €141,549 | €62,204 | €32,522 | ▼ 47.7% |
| Transfer from deferred taxes780 | - | €15,435 | €2,789 | €2,789 | €2,789 | = |
| Income taxes67/77 | €712 | €995 | €27,792 | €25,249 | €16,996 | ▼ 32.7% |
| Profit (loss) for the period9904 | €56,291 | €32,482 | €116,546 | €39,743 | €18,315 | ▼ 53.9% |
| Transfer from tax-exempt reserves789 | - | €275 | €8,367 | €8,367 | €8,367 | = |
| Transfer to tax-exempt reserves689 | - | €15,343 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €56,291 | €17,414 | €124,913 | €48,110 | €26,681 | ▼ 44.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €637,158 | €638,300 | €819,298 | €836,091 | €788,647 | ▼ 5.7% |
| Fixed assets21/28 | €73,468 | €473,535 | €562,328 | €520,118 | €469,105 | ▼ 9.8% |
| Intangible fixed assets21 | €13,744 | €9,163 | €4,581 | - | - | - |
| Tangible fixed assets22/27 | €59,724 | €464,372 | €557,746 | €520,118 | €469,105 | ▼ 9.8% |
| Land and buildings22 | - | €391,163 | €379,808 | €368,452 | €357,097 | ▼ 3.1% |
| Furniture and vehicles24 | €59,724 | €73,209 | €177,939 | €151,665 | €112,008 | ▼ 26.1% |
| Current assets29/58 | €563,691 | €164,766 | €256,971 | €315,973 | €319,542 | ▲ 1.1% |
| Amounts receivable after more than one year29 | €22,000 | €19,811 | €19,811 | €19,811 | €19,811 | = |
| Other amounts receivable291 | €22,000 | €19,811 | €19,811 | €19,811 | €19,811 | = |
| Amounts receivable within one year40/41 | €504,612 | €140,432 | €212,157 | €272,779 | €297,068 | ▲ 8.9% |
| Trade receivables40 | €32,824 | €3,144 | - | €36,885 | €43,175 | ▲ 17.1% |
| Other amounts receivable41 | €471,789 | €137,289 | €212,157 | €235,893 | €253,893 | ▲ 7.6% |
| Cash at bank and in hand54/58 | €37,079 | €149 | €24,834 | €23,384 | €2,664 | ▼ 88.6% |
| Deferred charges and accrued income490/1 | - | €4,374 | €169 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €637,158 | €638,300 | €819,298 | €836,091 | €788,647 | ▼ 5.7% |
| Equity10/15 | €241,549 | €274,031 | €390,577 | €430,320 | €448,635 | ▲ 4.3% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €266,018 | €281,086 | €272,719 | €264,353 | €255,986 | ▼ 3.2% |
| Non-distributable reserves130/1 | €30,111 | €30,111 | €30,111 | €30,111 | €30,111 | = |
| Legal reserve130 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Other1319 | €23,911 | €23,911 | €23,911 | €23,911 | €23,911 | = |
| Tax-exempt reserves132 | €235,907 | €250,975 | €242,608 | €234,242 | €225,875 | ▼ 3.6% |
| Profit (loss) carried forward14 | -€86,469 | -€69,055 | €55,858 | €103,967 | €130,649 | ▲ 25.7% |
| Provisions and deferred taxes16 | €99,093 | €83,658 | €80,869 | €78,081 | €75,292 | ▼ 3.6% |
| Provisions for liabilities and charges160/5 | €99,093 | - | - | - | - | - |
| Taxes161 | €99,093 | - | - | - | - | - |
| Deferred taxes168 | - | €83,658 | €80,869 | €78,081 | €75,292 | ▼ 3.6% |
| Amounts payable17/49 | €296,516 | €280,611 | €347,852 | €327,690 | €264,720 | ▼ 19.2% |
| Amounts payable after more than one year17 | €171,374 | €204,378 | €233,058 | €178,796 | €113,165 | ▼ 36.7% |
| Financial debts170/4 | €171,374 | €204,378 | €233,058 | €178,796 | €113,165 | ▼ 36.7% |
| Amounts payable within one year42/48 | €125,143 | €76,233 | €114,794 | €141,527 | €137,678 | ▼ 2.7% |
| Current portion of amounts payable after more than one year42 | €52,415 | €38,098 | €57,941 | €61,514 | €56,031 | ▼ 8.9% |
| Trade debts44 | €55,950 | €18,168 | €10,523 | €9,742 | €19,908 | ▲ 104% |
| Suppliers440/4 | €55,950 | €18,168 | €10,523 | €9,742 | €19,908 | ▲ 104% |
| Taxes, remuneration and social security45 | €9,812 | €9,901 | €36,830 | €60,651 | €51,920 | ▼ 14.4% |
| Taxes450/3 | €1,381 | €1,706 | €27,792 | €53,041 | €42,246 | ▼ 20.4% |
| Remuneration and social security454/9 | €8,431 | €8,195 | €9,038 | €7,610 | €9,674 | ▲ 27.1% |
| Other amounts payable47/48 | €6,966 | €10,066 | €9,500 | €9,619 | €9,819 | ▲ 2.1% |
| Accrued charges and deferred income492/3 | - | - | - | €7,367 | €13,877 | ▲ 88.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €56,291 | €32,482 | €116,546 | €39,743 | €18,315 | ▼ 53.9% |
| + Depreciation and write-downs630 | €26,580 | €37,755 | €35,250 | €59,688 | €58,010 | ▼ 2.8% |
| Operating cash flow (approximation) | €82,870 | €70,237 | €151,796 | €99,431 | €76,325 | ▼ 23.2% |
| Investment in fixed assets (approximation) | - | -€437,822 | -€124,043 | -€17,478 | -€6,997 | ▲ 60.0% |
| Change in cash | - | -€36,930 | €24,685 | -€1,450 | -€20,720 | ▼ 1,329% |
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
2026
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 6 days late
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
23-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €56,291
Net result €56,291 after 2 loss-making years.
31-12
Financial
Equity above €200,000Eq €241,549 ▲30.4%
Equity rises from €185,258 to €241,549.
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet -€109,326
Net result drops to -€109,326, the lowest in the series; recovery starts the following year.
28-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
06-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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, Grimbergen · 2 establishment units since 1969
Ground area
3,182 m²
Building footprint
207 m²
Volume, LiDAR
4,323 m³
2 parcels, Flanders · tallest building 24.4 m, ±7 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
2 establishment units
Afimo
since 19692.002.632.108
Afimo
since 20122.209.967.232
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23084A0421/00K000 | Flanders | 2,127 m² | 1 · 207 m² | 24.4 m · 7 fl. |
| 24045B0199/00V000 | Flanders | 1,055 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- AFIMO IMMOBILIEN
- Afimo
Highest known parent: AFIMO IMMOBILIEN. The sources do not say who stands above it.
Owners 1
- AFIMO IMMOBILIENparent99%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 39 EUR awarded · 39 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 39 EUR | 39 EUR |
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Of 4,673 companies in sector 66220 we hold annual accounts for 3,220. 2,629 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded30-04-1969
Fiscal year end31-12
Activities, NACEBEL 2025
66220Insurance agents and brokers
E-invoicing
Reachable via Peppol
Peppol ID
0208:0406659731
Registered
10-03-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.