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AFP CONSTRUCT

Active Private limited companyfounded 2022active for 4 yearsKoninklijke Baan 188, 8670 KoksijdeKBO/BCE: BE 0784.596.277

Lifetime

4 annual accounts with figures on one time axis
peak €59,701 (2025)
€59,701▲ 3.6%
lowest -€16,053 (2023)
€14,527▲ 159×
peak €2,835 (2022)
€1,400▲ €14,527
€59,857▼ 14.8%
Board4 names since 2022
1 director
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Result from €91 to €14,527Equity from -€13,127 to €1,400

Key points

from the 2025 annual accounts

Debts

€59,857 98% of the balance sheet
Suppliers 89%Taxes and wages 2%Other 9%

Of this, €59,199 falls due within a year.

Filings

4 annual accounts 3 late
AprilJune31 JulyOctober2022202320242025

The 2023 accounts came latest: 75 days after the end of the period.

Position in the sector

€1,400

Less equity than 86% of companies in construction of buildings. Sector median €45,638 · 9,474 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,157 companies had the same profile as AFP CONSTRUCT has now. Each dot stands for 6 companies, two years later.

94.1%
were still trading
2.8%
stopped another way
3.0%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,157 companies, not a prediction for AFP CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Managing director
Director, since 07-04-2022
  • 45 sharesdeed of 11-04-2022
  • 45 sharesdeed of 11-04-2022
  • 10 sharesdeed of 11-04-2022
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0784596277
Amendment of the articles General meeting of 11-07-2023 · Gazette deed
Registered office moved from Colfontaine to Koksijde - Koninklijkebaan New registered office: 188, 8670 Koksijde - Koninklijkebaan · Previous registered office: rue Villa Romaine 25, 7340 Colfontaine · Resignations: (director) and (daily management delegate) · General meeting of 11-07-2023 · Gazette deed
Incorporation Founding capital of €1,400, 100 shares · Founders: (comparant fondateur), (comparant fondateur) and (comparant fondateur) · Appointments: (director), (director) and (managing director) · published on 11-04-2022 · Gazette deed
All 12 events

Comparable companies

same main activity, similar in size and age
Company
AFP CONSTRUCT Koksijde €61,257 €59,701 2.3% -
NR DECOR Kraainem €63,059 €54,330 56.4% -
JEAS VDB Hannut €59,680 €65,414 38.8% -
BELA COMPANY Opwijk €58,799 €54,172 48.1% -
Grevendonk Jansen Lommel €66,170 €63,589 23.3% -
TISMAN CONSTRUCT Zaventem €61,992 €66,466 35.2% -
LE GRAND TOUCAN Watermael-Boitsfort €70,749 €59,557 2.8% -

These companies have the same main activity as AFP CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €58,800 and €70,700, founded in 2022.

Official details

Source: KBO
Status
Active since 07-04-2022Normal situation
Activity
General construction of residential buildingsNACE 41001
Establishment unit
2.348.613.2907340 Colfontaine, since 07-04-2022
Financial year end
31 December
Peppol
Reachable since 01-12-2025
Company details

Annual accounts 2025

≈ €310,000estimated
€61,257▲ 7.3%
≈ 0.8 FTEestimated
Filing
Filed on 31-08-2026
Financials

Insights on AFP CONSTRUCT

AFP CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €23,196 in 2022 to €59,701 in 2025.

Since April 2022, has been managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about AFP CONSTRUCT

What is the company number of AFP CONSTRUCT?
The company number of AFP CONSTRUCT is 0784.596.277. The VAT number is the same number with BE in front: BE 0784.596.277.
Where is AFP CONSTRUCT based?
The registered office is at Koninklijke Baan 188, 8670 Koksijde.Company details
What does AFP CONSTRUCT do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of AFP CONSTRUCT?
AFP CONSTRUCT is a private limited company (BV).
When was AFP CONSTRUCT founded?
AFP CONSTRUCT was founded on 07-04-2022.
Is AFP CONSTRUCT still active?
Yes, AFP CONSTRUCT is an active enterprise in the KBO register.
How many employees does AFP CONSTRUCT have?
AFP CONSTRUCT had an average of 2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of AFP CONSTRUCT?
The turnover in financial year 2025 is ≈ €310,000. This figure is estimated from the gross margin of €59,701 and 111 comparable companies (NACE 41001). It probably lies between €230,000 and €510,000.
Is AFP CONSTRUCT profitable?
In financial year 2025, AFP CONSTRUCT made a profit of €14,527.
Where can I find the annual accounts of AFP CONSTRUCT?
AFP CONSTRUCT filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of AFP CONSTRUCT due?
AFP CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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