AFKM
Open bankruptcyA bankruptcy procedure is open for AFKM according to publications in the Belgian State Gazette; curator: Johan MOMMAERTS. The 2021 annual accounts show equity of €958 and a net result of €884.
Signals
Three signals.
+raises risk○neutral
Financials · fiscal year 2021, micro schema
Turnover
€27k
EBIT margin
6.2%
Net result
€884
2020 · €-2k
2020: €-2k
2020 → 2021
Working capital
€-26k▼ 990%
2020 · €-2k
2020: €-2k
2020 → 2021
Multi-year overview
Available amounts per fiscal year
Line20202021Trend
Turnover€27k
Equity€-2k-€958
Operating result€-2k-€2k
Net result€-2k-€884
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €2k after a loss of €2k in 2020.
Balance-sheet composition
Assets €48k
Fixed assets
€27k
Current assets
€20k
Equity and liabilities €48k
Equity
€958
Debt
€47k
Debt finances 98.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€3k▲
2020 · €-1k
Cash flow
€3k▲
2020 · €-1k
Solvency
2.0%▲
2020 · -16.8%
Current ratio
0.43▼
2020 · 0.86
Quick ratio
0.19▲
2020 · 0.17
ROA
1.9%▲
2020 · -16.8%
Interest coverage
30.65
Debt
€47k▲
2020 · €17k
Debt ≤ 1 year
€47k▲
2020 · €17k
Income taxes
€679
Equity ratios withheld: equity of €958 is too small for a meaningful ratio.
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€14k€48k▲
Fixed assets21/28-€27k
Tangible fixed assets22/27-€27k
Furniture and vehicles24-€27k
Financial fixed assets28-€900
Current assets29/58€14k€20k▲
Stocks and contracts in progress3€12k€12k=
Stocks30/36-€12k
Cash at bank and in hand54/58€3k€7k▲
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€14k€48k▲
Equity10/15€-2k€958▲
Contributions10/11-€3k
Profit (loss) carried forward14€-2k€-2k▲
Amounts payable17/49€17k€47k▲
Amounts payable within one year42/48€17k€47k▲
Trade debts44€2k€3k▲
Suppliers440/4-€3k
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Other amounts payable47/48-€42k
Income statement
Code20202021
Turnover70-€27k
Goods, raw materials, services and sundry goods60/61-€23k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€999€2k▲
Other operating charges640/8-€1k
Gross operating margin9900€-1k€4k▲
Operating profit (loss)9901€-2k€2k▲
Financial charges65/66B-€108
Recurring financial charges65€36€108▲
Profit (loss) for the period before taxes9903€-2k€2k▲
Income taxes67/77-€679
Profit (loss) for the period9904€-2k€884▲
Profit (loss) for the period to be appropriated9905€-2k€884▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-2k
Profit (loss) brought forward from the previous period14P-€-2k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
19-11
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · AFKM BV IMPERIASTRAAT 8, 1930 ZAVENTEM · event 12-11-2024
2022
09-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 131 days late
2021
31-12
Financial
Back to profitnet €884
Net result €884 after one loss-making year.
01-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 123 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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
1 establishment unit since 2020
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.
Ground area
1.1 ha
Building footprint
2,581 m²
Volume, LiDAR
4,658 m³
2 parcels, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AFKM
since 20202.300.325.207
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0041/00F000 | Flanders | 7,975 m² | 1 · 1,789 m² | - |
| 23003C0154/00Z000 | Flanders | 2,538 m² | 1 · 792 m² | 7.9 m · 2 fl. |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Johan MOMMAERTS SINT-MAARTENSTRAAT 53,
3000 LEUVEN |
12-11-2024 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-03-2020
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:afkmoha09@gmail.com
Phone:0470678307