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.
AFP CONSTRUCT
Overview
Lifetime
4 annual accounts with figures on one time axispeak €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 accountsFilings
4 annual accounts 3 late
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
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.
| 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.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
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
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
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
Annual accounts 2025
- €59,701▲ 3.6%
- ≈ €310,000estimated
- €14,527▲ 159×
- €1,400
- €61,257▲ 7.3%
- ≈ 0.8 FTEestimated
- Filing
- Filed on 31-08-2026
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.
Financials
Annual accounts 2025
micro format, filed on 31-08-2026, 31 days late€59,701
▲ 3.6%
€17,571
▲ 595%
€14,527
▲ 159×
-€2,322
▲ €14,068
2.3%
▲ 25.3 percentage points
0.96
▲ 0.20
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €310,000. Estimated: probably between €230,000 and €510,000.
Balance sheet
balance sheet total €61,257 on 31-12-2025What the company ownsHow it is paid for
in euro
Position in the sector
2.3%
Higher than 13% of 9,471 companies in 2025.
0.96
Higher than 20% of 9,219 companies in 2025.
23.7%
Higher than 79% of 9,291 companies in 2025.
AFP CONSTRUCT
Middle half of the sector
80% of the sector
Micro accounts in construction of buildings (NACE 41)
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Staff
Staff costs divided by the average number of full-time equivalents.
people who joined
people who left
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
61,257 | 57,088 | 44,092 | 38,934 | |
21/28 |
4,380 | 6,164 | 7,787 | 3,877 | |
22/27 |
3,380 | 5,164 | 7,787 | 3,877 | |
23 |
1,842 | 1,191 | 2,444 | 3,877 | |
24 |
1,538 | 3,973 | 5,342 | - | |
28 |
1,000 | 1,000 | - | - | |
29/58 |
56,877 | 50,924 | 36,306 | 35,057 | |
3 |
4,525 | - | - | - | |
30/36 |
4,525 | - | - | - | |
40/41 |
36,364 | 35,321 | 25,079 | 16,237 | |
40 |
25,026 | 26,106 | 23,445 | 12,410 | |
41 |
11,339 | 9,215 | 1,634 | 3,826 | |
50/53 |
- | 14,003 | - | - | |
54/58 |
15,988 | - | 11,153 | 18,821 | |
490/1 |
- | 1,600 | 74 | - | |
| Balance sheet: equity and liabilities | |||||
10/49 |
61,257 | 57,088 | 44,092 | 38,934 | |
10/15 |
1,400 | -13,127 | -13,218 | 2,835 | |
10/11 |
1,400 | 1,400 | 1,400 | 1,400 | |
14 |
- | -14,527 | -14,618 | 1,435 | |
17/49 |
59,857 | 70,215 | 57,310 | 36,099 | |
17 |
- | 2,181 | 5,531 | - | |
170/4 |
- | 2,181 | 5,531 | - | |
42/48 |
59,199 | 67,314 | 51,779 | 36,099 | |
42 |
2,181 | 3,300 | 3,144 | - | |
44 |
53,295 | 36,188 | 20,060 | 23,400 | |
440/4 |
53,295 | 36,188 | 20,060 | 23,400 | |
45 |
1,289 | 9,254 | 3,725 | 3,472 | |
450/3 |
- | 1,252 | 898 | 898 | |
454/9 |
1,289 | 8,002 | 2,828 | 2,575 | |
47/48 |
2,434 | 18,572 | 24,850 | 9,227 | |
492/3 |
658 | 720 | - | - | |
| Income statement | |||||
9900 |
59,701 | 57,639 | 44,142 | 23,196 | |
62 |
33,454 | 50,861 | 55,703 | 19,093 | |
630 |
3,620 | 3,984 | 2,940 | 1,123 | |
640/8 |
5,055 | 269 | 687 | 558 | |
9901 |
17,571 | 2,526 | -15,188 | 2,421 | |
75/76B |
0 | 19 | 22 | - | |
75 |
0 | 19 | 22 | - | |
65/66B |
1,252 | 2,454 | 880 | 89 | |
65 |
1,252 | 2,454 | 671 | 89 | |
66B |
- | - | 210 | - | |
9903 |
16,319 | 91 | -16,047 | 2,332 | |
67/77 |
1,792 | 0 | 6 | 898 | |
9904 |
14,527 | 91 | -16,053 | 1,435 | |
9905 |
14,527 | 91 | -16,053 | 1,435 | |
| Appropriation of the result | |||||
9906 |
- | -14,527 | -14,618 | 1,435 | |
14P |
-14,527 | -14,618 | 1,435 | - | |
| Social balance sheet | |||||
9087 |
- | 2 | - | - | |
Hours worked1013 |
- | 1,628 | - | - | |
| Document | |||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00465136.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 21,191 | 6,510 | -12,249 | 3,544 | ||
| 18,147 | 4,075 | -13,113 | 2,558 | ||
| 1,836 | 2,361 | 6,850 | 5,000 | ||
| - | - | -7,668 | - | ||
| -2,322 | -16,390 | -15,473 | -1,042 | ||
| 2.3% | -23.0% | -30.0% | 7.3% | ||
| 0.96 | 0.76 | 0.70 | 0.97 | ||
| 0.88 | 0.76 | 0.70 | 0.97 | ||
| 42.75 | - | - | 12.73 | ||
| - | - | - | 50.6% | ||
| 23.7% | 0.2% | -36.4% | 3.7% | ||
| 16.93 | 2.65 | -18.26 | 39.95 |
A ratio outside any meaningful range has been withheld (balance sheet total €61,257, equity €1,400).
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2024 |
|---|---|
| 2 | |
| On a permanent contract | 2 |
| Joined | 0 |
| Left | 1 |
Source: social balance sheet in the 2024 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | €1,836 | €1,361 | €6,850 | €5,000 |
| Financial fixed assets | - | €1,000 | - | - |
| €3,620 | €3,984 | €2,940 | €1,123 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on AFP CONSTRUCT
The operating result for 2025 is nearly 7 times that of 2024 and the highest since 2022. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total is 97.7%.
Board & ownership
Board
1 director, 1 in day-to-day management, no change since 2023Director (not named in the articles)
since 07-04-2022
term without a fixed end
listed in the 2025 annual accounts, filed on 31-08-2026
1 other company bankruptMandates through the years
4 names, the dashed line is todayDirector (not named in the articles)
Managing director
Daily management delegate
Director (not named in the articles)
LeadershipBoardEarlier
Mandates as a list
-
- Director (not named in the articles), from 07-04-2022 to date
-
- Managing director, from 07-04-2022 to date
-
- Daily management delegate, from 07-04-2022 to 06-09-2023
-
- Director (not named in the articles), from 07-04-2022 to 06-09-2023
Control
Founders
, ,
This company
AFP CONSTRUCT
Equity €1,400
Profit €14,527 in 2025
Capital
- Contribution
- €1,400
- Shares
- 100
- Contribution per share
- €14
- Equity per share
- €14 in 2025
- Source
- deed of 11-04-2022
Articles of association
deed of 03-10-2023 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft ten laste overdrager en helft ten laste koper(s) naar evenredigheid aantal bij meer kopers, prijs in oorspronkelijke bekendmaking of…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “TITRE V. ALGEMENE VERGADERING Artikel 15. Organisatie en bijeenroeping Ieder jaar wordt een gewone algemene vergadering van aandeelhouders…”
Shareholders
At incorporation
deed of 11-04-2022 ↗
- 45 shares (45%) · €630
- 45 shares (45%) · €630
- 10 shares (10%) · €140
Capital transactions
Capital over time
- 03-10-2023 Capital stated in the deed · 100 shares
- 11-04-2022 Incorporation · €1,400 · 100 shares
The directors' other companies
1 current director with another company that went bankrupt, was dissolved or struck off1 other company of this director went bankrupt (2023).
- bankruptcy on 18-04-2023mandate 2021 to 2022
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.
Network & group
No group
AFP CONSTRUCT has no parent and no holdings in its annual accounts. is the only director.
Earlier ties
via , no longer at · Director · deed of 08-10-2021 Open bankruptcy · founded in 2016 |
total assets €74,946 (2022) |
Connections & network
The network starts from the earlier ties.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Timeline
12 events since 2022Board
Capital
Filings
Financial
Establishments
Address
20222023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 31 days late
2025
Highest result from 2022 to 2025 net €14,527 ▲15,836% The operating result of €17,571 and the net result of €14,527 are both a record.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0784596277
Annual accounts 2024 filed PDFmicro format · 16 days before the deadline
2024
Back to profit net €91 The net result is €91, after one loss-making year.
Annual accounts 2023 filed PDFmicro format · 75 days late
2023
Weakest financial year net -€16,053 The net result drops to -€16,053, the lowest from 2022 to 2025. It recovers the following year.
Amendment of the articlesGeneral meeting of 11-07-20232 points ▸
- General meeting, 11-07-2023
- 100 shares
- The deed holds 3 more points.
Registered office moved from Colfontaine to Koksijde - KoninklijkebaanNew registered office: 188, 8670 Koksijde - Koninklijkebaan · Previous registered office: rue Villa Romaine 25, 7340 Colfontaine · Resignations: (director) and (daily management delegate) · General meeting of 11-07-20237 points ▸
- General meeting, 11-07-2023
- Registered-office move, 188, 8670 Koksijde - Koninklijkebaan
- Director resignation,
- Director discharge,
- Director resignation, (daily management delegate)
- Director discharge,
- Board composition, (director)
- The deed holds 2 more points.
Annual accounts 2022 filed PDFmicro format · 21 days late
2022
IncorporationFounding capital of €1,400, 100 shares · Founders: (comparant fondateur), (comparant fondateur) and (comparant fondateur) · Appointments: (director), (director) and (managing director) · published on 11-04-20229 points ▸
- Founder, (comparant fondateur)
- Founder, (comparant fondateur)
- Founder, (comparant fondateur)
- Founding capital, €1,400, 100 shares
- Registered office clause, rue Villa Romaine 25, 7340 Colfontaine
- Board rule, 2
- Director appointment, (director (not named in the articles))
- Director appointment, (director (not named in the articles))
- Director appointment, (managing director)
- The deed holds 2 more points.
First establishment Rue Villa Romaine 25, Colfontaine
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
AFP CONSTRUCT was incorporated on 7 April 2022 as a private limited company by three natural persons, with a starting capital of €1,400.12 The registered office was moved to Koksijde - Koninklijkebaan in 2023.3 Since 2022, has served as director.4 Total assets rose from €38,934 in 2022 to €61,257 in 2025.5
Company details
Identity
- Enterprise number
- 0784.596.277
- VAT number
- BE 0784.596.277
- Peppol ID
- 0208:0784596277
- Other Peppol ID
- 9925:BE0784596277
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 07-04-2022
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “TITRE V. ALGEMENE VERGADERING Artikel 15. Organisatie en bijeenroeping Ieder jaar wordt een gewone algemene vergadering van aandeelhouders…”deed of 03-10-2023 (in French)
- Peppol
- Reachable since 01-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- AFP CONSTRUCT in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 03-10-2023 (in French)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 03-10-2023 (in French)
Activities
NACEBEL 2025VAT activities
41001
General construction of residential buildings main activity
Social security (RSZ) activities
41001
General construction of residential buildings main activity
Codes under NACEBEL 2008
41201
General construction of buildings main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Werkzaam als algemeen aannemer voor de renovatie, bouw en verbouwing van gebouwen; Bouw van de ruwbouw van eengezinswoningen, gebouwen met…”deed of 03-10-2023 (in French)
20 activities
- Werkzaam als algemeen aannemer voor de renovatie, bouw en verbouwing van gebouwen
- Bouw van de ruwbouw van eengezinswoningen, gebouwen met meerdere cellen (appartementen, enz.), gebouwen voor de bouw van appartementen, enz.
- Sleutelklare bouw van eengezinswoningen en appartementen
- Algemene werfcoördinatie
- Algemene bouw van woongebouwen
- Metsel-, bestratings- en voegwerk, inclusief het leggen van stenen
- Alle loodgieters-, elektrische-, centrale verwarmings-, sanitaire-installaties en herstelwerkzaamheden, keukeninstallatie, ontstoppen van riolen, hydraulische werkzaamheden, grondwerken, drainage, leggen van kabels en diverse leidingen, riolerings- en herstelwerkzaamheden, thermische en akoestische isolatie, ventilatie, muur- en vloerbekleding, plafonnering, timmerwerk, schrijnwerk en metaalwerk, strippen, afbraak van gebouwen
- Dakbedekking en bekleding in de ruimste zin van het woord
- Plaatsen van sierschouwen of andere versieringen in marmer of steen
- Installatie van sloten en ijzer- en sluitwerk, installatie van kunststof deuren, installatie van parketvloeren en alle houtbekledingen
- Vegen van schoorstenen
- Installatie van elektrische signalerings- en alarmapparatuur
- Fabricatie, verwerking, installatie, reparatie, verkoop en onderhoud van: alle installaties van warmtepompen, vloerverwarmingssystemen, geothermische aardboren, zonnepanelen of alle installaties voor verwarming, ventilatie of airconditioning met behulp van bekende of nog te ontwikkelen technische procedés, boringen, boorgaten of windenergie-installaties, en alle installaties van daarmee verband houdende of aanvullende apparatuur
- Elke centrale of individuele verwarmingsinstallatie met warm water of stoom, branders, ketels, en elke installatie van daarmee verband houdende of aanvullende apparatuur
- Alle sanitaire installaties, kranen en zinkwerk
- Bouw van tanks en reservoirs
- Installatie, montage en demontage van steigers en platforms
- Onderhoud en reiniging van alle soorten werkgereedschap
- Groot- en kleinhandel, import-export, marketing van alle producten, goederen of diensten van welke aard ook
- Aan- en verkoop van commercieel en industrieel vastgoed, opslagplaatsen, terreinen, woongebouwen en appartementen
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Koninklijke Baan 188 registered office 8670 Koksijde | ||
| Rue Villa Romaine 25 7340 Colfontaine | 07-04-2022 | 2.348.613.290 |
1 former office
- 7340 Colfontaine until 11-07-2023 · deed of 06-09-2023
Buildings and parcels at the addresses
- Ground area
- 551 m²
- Buildings
- 163 m²
- Volume, LiDAR
- 1,392 m³
- Tallest building
- 20.2 m
Buildings to scale, each on its own parcel
Parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 53064B0995/00H004 | Wallonia | 430 m² | 1 · 80 m² | 9.3 m · 2 |
| 38014E0303/00P002 | Flanders | 121 m² | 1 · 83 m² | 20.2 m · 4 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0784.596.277