AFINANCE
ActiveSummary
AFINANCE has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €16k. Equity is shrinking by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 18% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82▼-18
Solvency37▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.1 against 1.11 in 2024; short-term debt: 87.9% and cash: 82.9% of total assets), and 87.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
12.1%
Return on assets
10.2%
Age of the figures
9 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 31791 sector peers (2025).
NBB · sector comparisonPosition among 31791 sector peers
Solvency
better than 18%
← weakest
strongest →
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 12-06-2026, 49 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
49 d early
2024
11 d early
2023
30 d early
2022
55 d early
2021
32 d early
2020
65 d late
2019
91 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€19k▼ 14.3%
2024 · €22k
2018: €22k
2019: €49k▲ +121% vs 2018
2020: €56k▲ +14.3% vs 2019
2021: €85k▲ +51.4% vs 2020highest in 8 years
2022: €19k▼ -77.4% vs 2021
2023: €22k▲ +13.9% vs 2022
2024: €22k● +0.0% vs 2023
2025: €19k▼ -14.3% vs 2024lowest in 8 years
2018 → 2025
Total assets
€155k▼ 4.9%
2024 · €163k
2018: €38klowest in 8 years
2019: €75k▲ +96.6% vs 2018
2020: €104k▲ +38.4% vs 2019
2021: €170k▲ +64.1% vs 2020
2022: €189k▲ +11.1% vs 2021highest in 8 years
2023: €152k▼ -19.8% vs 2022
2024: €163k▲ +7.8% vs 2023
2025: €155k▼ -4.9% vs 2024
2018 → 2025
Net result
€16k▼ 82.9%
2024 · €93k
2018: €4klowest in 8 years
2019: €27k▲ +632% vs 2018
2020: €22k▼ -18.4% vs 2019
2021: €64k▲ +192% vs 2020
2022: €54k▼ -16.7% vs 2021
2023: €93k▲ +73.1% vs 2022
2024: €93k▲ +0.6% vs 2023highest in 8 years
2025: €16k▼ -82.9% vs 2024
2018 → 2025
Working capital
€14k▼ 12.2%
2024 · €16k
2018: €22k
2019: €43k▲ +97.5% vs 2018
2020: €52k▲ +19.7% vs 2019
2021: €81k▲ +56.3% vs 2020highest in 8 years
2022: €16k▼ -80.5% vs 2021
2023: €20k▲ +29.6% vs 2022
2024: €16k▼ -21.4% vs 2023
2025: €14k▼ -12.2% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€85k-€19k▼ 77.4%€22k▲ 13.9%€22k=€19k▼ 14.3%
2021: €85khighest in 5 years
2022: €19k▼ -77.4% vs 2021
2023: €22k▲ +13.9% vs 2022
2024: €22k● +0.0% vs 2023
2025: €19k▼ -14.3% vs 2024lowest in 5 years
Operating result€82k-€73k▼ 11.8%€125k▲ 71.8%€125k▲ 0.1%€22k▼ 82.6%
2021: €82k
2022: €73k▼ -11.8% vs 2021
2023: €125k▲ +71.8% vs 2022
2024: €125k▲ +0.1% vs 2023highest in 5 years
2025: €22k▼ -82.6% vs 2024lowest in 5 years
Net result€64k-€54k▼ 16.7%€93k▲ 73.1%€93k▲ 0.6%€16k▼ 82.9%
2021: €64k
2022: €54k▼ -16.7% vs 2021
2023: €93k▲ +73.1% vs 2022
2024: €93k▲ +0.6% vs 2023highest in 5 years
2025: €16k▼ -82.9% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 83% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €155k
Fixed assets
€5k ▼ 22.0%
Current assets
€151k ▼ 4.2%
Equity and liabilities €155k
Equity
€19k ▼ 14.3%
Debt
€137k ▼ 3.4%
Debt's share of the balance-sheet total rises from 86.6% to 87.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€23k▼
2024 · €127k
Cash flow
€17k▼
2024 · €95k
Current ratio
1.10▼
2024 · 1.11
Debt to equity
7.27▲
2024 · 6.45
ROE
84.6%▼
2024 · 425.3%
ROA
10.2%▼
2024 · 57.1%
Interest coverage
154.08▼
2024 · 878.90
Debt ≤ 1 year
€137k▼
2024 · €141k
Income taxes
€6k▼
2024 · €32k
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 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€163k€155k▼
Fixed assets21/28€6k€5k▼
Tangible fixed assets22/27€6k€4k▼
Furniture and vehicles24€6k€4k▼
Financial fixed assets28-€240
Current assets29/58€157k€151k▼
Amounts receivable within one year40/41€18k€21k▲
Trade receivables40€18k€19k▲
Other amounts receivable41€549€2k▲
Current investments50/53€130k-
Cash at bank and in hand54/58€8k€129k▲
Deferred charges and accrued income490/1€848€429▼
Equity and liabilities
Total equity and liabilities10/49€163k€155k▼
Equity10/15€22k€19k▼
Contributions10/11€19k€19k=
Reserves13€200€200=
Non-distributable reserves130/1€200€200=
Reserves not available under the articles1311€200€200=
Profit (loss) carried forward14€3k€0▼
Amounts payable17/49€141k€137k▼
Amounts payable within one year42/48€141k€137k▼
Trade debts44€9k€9k▼
Suppliers440/4€9k€9k▼
Taxes, remuneration and social security45€29k€9k▼
Taxes450/3€29k€9k▼
Other amounts payable47/48€104k€119k▲
Accrued charges and deferred income492/3€146-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€387€521▲
Gross operating margin9900€127k€24k▼
Operating profit (loss)9901€125k€22k▼
Financial income75/76B€487€769▲
Recurring financial income75€487€769▲
Financial charges65/66B€144€151▲
Recurring financial charges65€144€151▲
Profit (loss) for the period before taxes9903€125k€22k▼
Income taxes67/77€32k€6k▼
Profit (loss) for the period9904€93k€16k▼
Profit (loss) for the period to be appropriated9905€93k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€96k€19k▼
Profit (loss) brought forward from the previous period14P€3k€3k▲
Profit to be distributed694/7€93k€19k▼
Return on contributions (dividend)694€93k€19k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €2k | €2k | €2k | €2k | ▼ 18.9% |
| Other operating charges640/8 | €348 | €473 | €384 | €387 | €521 | ▲ 34.5% |
| Gross operating margin9900 | €84k | €75k | €127k | €127k | €24k | ▼ 81.3% |
| Operating profit (loss)9901 | €82k | €73k | €125k | €125k | €22k | ▼ 82.6% |
| Financial income75/76B | - | - | - | €487 | €769 | ▲ 58.1% |
| Recurring financial income75 | - | - | - | €487 | €769 | ▲ 58.1% |
| Financial charges65/66B | €172 | €123 | €116 | €144 | €151 | ▲ 4.9% |
| Recurring financial charges65 | €172 | €123 | €116 | €144 | €151 | ▲ 4.9% |
| Profit (loss) for the period before taxes9903 | €82k | €73k | €125k | €125k | €22k | ▼ 82.1% |
| Income taxes67/77 | €18k | €19k | €32k | €32k | €6k | ▼ 79.8% |
| Profit (loss) for the period9904 | €64k | €54k | €93k | €93k | €16k | ▼ 82.9% |
| Profit (loss) for the period to be appropriated9905 | €64k | €54k | €93k | €93k | €16k | ▼ 82.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €170k | €189k | €152k | €163k | €155k | ▼ 4.9% |
| Fixed assets21/28 | €4k | €3k | €1k | €6k | €5k | ▼ 22.0% |
| Tangible fixed assets22/27 | €4k | €3k | €1k | €6k | €4k | ▼ 26.0% |
| Furniture and vehicles24 | €4k | €3k | €1k | €6k | €4k | ▼ 26.0% |
| Financial fixed assets28 | - | - | - | - | €240 | - |
| Current assets29/58 | €166k | €186k | €150k | €157k | €151k | ▼ 4.2% |
| Amounts receivable within one year40/41 | €6k | €18k | €34k | €18k | €21k | ▲ 17.0% |
| Trade receivables40 | - | €18k | €34k | €18k | €19k | ▲ 7.0% |
| Other amounts receivable41 | €6k | €27 | €359 | €549 | €2k | ▲ 342% |
| Current investments50/53 | - | - | - | €130k | - | - |
| Cash at bank and in hand54/58 | €160k | €168k | €116k | €8k | €129k | ▲ 1,457% |
| Deferred charges and accrued income490/1 | - | €186 | €186 | €848 | €429 | ▼ 49.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €170k | €189k | €152k | €163k | €155k | ▼ 4.9% |
| Equity10/15 | €85k | €19k | €22k | €22k | €19k | ▼ 14.3% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €200 | €200 | €200 | €200 | €200 | = |
| Non-distributable reserves130/1 | €200 | €200 | €200 | €200 | €200 | = |
| Reserves not available under the articles1311 | €200 | €200 | €200 | €200 | €200 | = |
| Profit (loss) carried forward14 | €66k | €446 | €3k | €3k | €0 | ▼ 100% |
| Amounts payable17/49 | €85k | €170k | €130k | €141k | €137k | ▼ 3.4% |
| Amounts payable within one year42/48 | €85k | €170k | €130k | €141k | €137k | ▼ 3.3% |
| Trade debts44 | €9k | €10k | €5k | €9k | €9k | ▼ 7.1% |
| Suppliers440/4 | €9k | €10k | €5k | €9k | €9k | ▼ 7.1% |
| Taxes, remuneration and social security45 | €31k | €51k | €37k | €29k | €9k | ▼ 69.0% |
| Taxes450/3 | €31k | €51k | €37k | €29k | €9k | ▼ 69.0% |
| Other amounts payable47/48 | €45k | €109k | €88k | €104k | €119k | ▲ 15.2% |
| Accrued charges and deferred income492/3 | - | - | - | €146 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €64k | €54k | €93k | €93k | €16k | ▼ 82.9% |
| + Depreciation and write-downs630 | €2k | €2k | €2k | €2k | €2k | ▼ 18.9% |
| Operating cash flow (approximation) | €66k | €56k | €95k | €95k | €17k | ▼ 81.6% |
| Investment in fixed assets (approximation) | - | €-1k | €0 | €-6k | €-240 | ▲ 96.3% |
| Change in cash | - | €7k | €-52k | €-107k | €121k | ▲ 212% |
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
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
20-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €93k ▲0.6%
Operating result €125k, net result €93k, both a record.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
04-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 65 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
23-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 54 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Elsene · 1 establishment unit since 2018
Ground area
355 m²
Building footprint
263 m²
Volume, LiDAR
3,879 m³
Parcel 21447B0185/00R005, Brussels · tallest building 23.8 m, ±6 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
Armand Campenhoutstraat 74, 1050 Elsene
since 20182.274.459.364
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21447B0185/00R005 | Brussels | 355 m² | 1 · 263 m² | 23.8 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 29,942 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-04-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
62200Computer consultancy and computer facilities management
63910Web portal activities
64999Other financial services
73300Public relations and communication consultancy
82100Office administrative and support services
Scores and ratios are computed by Checked and are not a credit decision.