AFNF
ActiveSummary
AFNF has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-56k) and a net result of €43k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 2198 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+59
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.44 against 0.38 in 2024; short-term debt: 226.1% and cash: 29.3% of total assets), and equity is negative.
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
-126.1%
Return on assets
97%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 2198 sector peers (2025).
NBB · sector comparisonPosition among 2198 sector peers
Solvency
better than 5%
← 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 · 10 filingsDeviation from the deadline
2025
49 d early
2024
42 d early
2023
21 d early
2022
25 d early
2021
37 d late
2020
363 d late
2019
663 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, abbreviated schema
Equity
€-56k▲ 43.5%
2024 · €-99k
Total assets
€45k▲ 14.8%
2024 · €39k
Net result
€43k▲ 1,484%
2024 · €3k
Working capital
€-56k▲ 12.7%
2024 · €-64k
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€45k▼ 61.9%€18k▼ 60.1%€24k▲ 30.5%€11k▼ 51.8%€50k▲ 343%
Net result€39k€14k▼ 63.1%€-25k€3k€43k▲ 1,484%
Equity€-91k▲ 30.0%€-77k▲ 15.8%€-102k▼ 32.9%€-99k▲ 2.7%€-56k▲ 43.5%
Total assets€92k▲ 588%€76k▼ 17.7%€40k▼ 47.1%€39k▼ 3.8%€45k▲ 14.8%
Debt€184k▲ 27.9%€153k▼ 16.7%€142k▼ 6.9%€138k▼ 3.0%€101k▼ 27.1%
Working capital€-56k▲ 41.0%€-46k▲ 17.3%€-69k▼ 49.6%€-64k▲ 7.4%€-56k▲ 12.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 343% above 2024 and is the highest result in the available series.
Key figures and ratios
Solvency
-126.1%▲
2024 · -256.1%
Current ratio
0.44▲
2024 · 0.38
Debt to equity
-1.79▼
2024 · -1.39
ROA
97.0%▲
2024 · 7.0%
Debt ≤ 1 year
€101k▼
2024 · €103k
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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €2k | €167 | €2k | - | - |
| Other operating charges640/8 | €3k | €1k | €6k | €203 | €595 | ▲ 193% |
| Gross operating margin9900 | €48k | €22k | €29k | €14k | €51k | ▲ 264% |
| Operating profit (loss)9901 | €45k | €18k | €24k | €11k | €50k | ▲ 343% |
| Financial charges65/66B | €6k | €4k | €8k | €9k | €7k | ▼ 16.9% |
| Recurring financial charges65 | €6k | €4k | €8k | €9k | €7k | ▼ 16.9% |
| Profit (loss) for the period before taxes9903 | €39k | €14k | €16k | €3k | €43k | ▲ 1,484% |
| Income taxes67/77 | €74 | - | €41k | - | - | - |
| Profit (loss) for the period9904 | €39k | €14k | €-25k | €3k | €43k | ▲ 1,484% |
| Profit (loss) for the period to be appropriated9905 | €39k | €14k | €-25k | €3k | €43k | ▲ 1,484% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €92k | €76k | €40k | €39k | €45k | ▲ 14.8% |
| Fixed assets21/28 | - | €5k | €2k | - | - | - |
| Tangible fixed assets22/27 | - | €5k | €2k | - | - | - |
| Plant, machinery and equipment23 | - | €5k | €2k | - | - | - |
| Current assets29/58 | €92k | €71k | €38k | €39k | €45k | ▲ 14.8% |
| Stocks and contracts in progress3 | €18k | - | - | - | - | - |
| Stocks30/36 | €18k | - | - | - | - | - |
| Amounts receivable within one year40/41 | €57k | €67k | €37k | €38k | €31k | ▼ 17.2% |
| Trade receivables40 | €38k | €26k | €32k | €37k | €27k | ▼ 28.4% |
| Other amounts receivable41 | €19k | €41k | €5k | €506 | €5k | ▲ 816% |
| Cash at bank and in hand54/58 | €18k | €5k | €1k | €780 | €13k | ▲ 1,573% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €92k | €76k | €40k | €39k | €45k | ▲ 14.8% |
| Equity10/15 | €-91k | €-77k | €-102k | €-99k | €-56k | ▲ 43.5% |
| Contributions10/11 | €75k | €75k | €75k | €75k | €75k | = |
| Capital10 | €75k | €75k | €75k | €75k | €75k | = |
| Issued capital100 | €75k | €75k | €75k | €75k | €75k | = |
| Reserves13 | €337k | €337k | €337k | €337k | €337k | = |
| Non-distributable reserves130/1 | €8k | €8k | €8k | €8k | €8k | = |
| Legal reserve130 | €8k | €8k | €8k | €8k | €8k | = |
| Tax-exempt reserves132 | €186k | €186k | €186k | €186k | €186k | = |
| Distributable reserves133 | €143k | €143k | €143k | €143k | €143k | = |
| Profit (loss) carried forward14 | €-503k | €-488k | €-514k | €-511k | €-468k | ▲ 8.5% |
| Amounts payable17/49 | €184k | €153k | €142k | €138k | €101k | ▼ 27.1% |
| Amounts payable after more than one year17 | €35k | €35k | €35k | €35k | - | - |
| Financial debts170/4 | €35k | €35k | €35k | €35k | - | - |
| Amounts payable within one year42/48 | €149k | €118k | €107k | €103k | €101k | ▼ 2.3% |
| Financial debts43 | €100k | €100k | €100k | €100k | €100k | = |
| Credit institutions430/8 | €100k | €100k | €100k | €100k | €100k | = |
| Trade debts44 | €35k | €725 | €6k | €3k | - | - |
| Suppliers440/4 | €35k | €725 | €6k | €3k | - | - |
| Taxes, remuneration and social security45 | €1k | €75 | €2k | - | €642 | - |
| Taxes450/3 | €1k | €75 | €75 | - | €642 | - |
| Remuneration and social security454/9 | - | - | €2k | - | - | - |
| Other amounts payable47/48 | €13k | €17k | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €39k | €14k | €-25k | €3k | €43k | ▲ 1,484% |
| + Depreciation and write-downs630 | - | €2k | €167 | €2k | - | - |
| Operating cash flow (approximation) | €39k | €16k | €-25k | €5k | €43k | ▲ 739% |
| Investment in fixed assets (approximation) | - | - | €2k | - | - | - |
| Change in cash | - | €-13k | €-4k | €-401 | €12k | ▲ 3,163% |
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 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €43k ▲1,484%
Net result €43k, the highest in the series.
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
06-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 37 days late
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 363 days late
25-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 663 days late
2021
31-12
Financial
Back to profitnet €39k
Net result €39k after 3 loss-making years.
2020
31-12
Financial
Weakest financial yearnet €-399k
Net result drops to €-399k, the lowest in the series; recovery starts the following year.
2019
10-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 132 days late
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
09-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 193 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Grobbendonk · 1 establishment unit since 2003
Ground area
392 m²
Building footprint
98 m²
Volume, LiDAR
318 m³
Parcel 13010B0868/00A000, Flanders · tallest building 8.3 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
ALL FOOD & NON FOOD
since 20032.114.762.722
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13010B0868/00A000 | Flanders | 392 m² | 1 · 98 m² | 8.3 m · 1 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.
Similar companies · same sector, comparable size
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BE 0443.701.358
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ATLANTIC WONINGBOUW
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,036. 11,289 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
Founded24-12-2002
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
82100Office administrative and support services
41003General construction of other non-residential buildings
43120Site preparation
43211General electrical installation work
43990Other specialised construction activities
71111Activities of building architects
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.