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Complete company report
Generated 23-08-2026
Active BE 0700.362.764Private limited company (pre-2019)Open bankruptcy

AFR BUSINESS

Alsembergsesteenweg 842 ·1180 Ukkel, Belgium· 8 yrs active
Sector: Algemene bouw van residentiële gebouwen (41001)
Conclusion Checked

A bankruptcy procedure is open for AFR BUSINESS according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €401 and a net result of €-6k.

Based on the State Gazette, CBE and 4 annual accounts.
Key figures
Equity €401
Net result €-6k
Better than sector 12%
Active 8 yrs
Financial profile 5 of 5 axes measured · computed by Checked
Health0Profitability0Solvency11Growth32Stability0
9 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 0
Solvency 11
Growth 32
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2023 · computed
0 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview4 NBB filings
Annual accounts filed on 04-06-2024 with the NBB · fiscal year 2023 · micro
€-50k€0€50k€100k€150kOperating result 2019: €11k€11kNet result 2019: €8k€8kOperating result 2021: €-8k€-8kNet result 2021: €-8k€-8kRevenue 2022: €165k€165kOperating result 2022: €2k€2kNet result 2022: €1k€1kOperating result 2023: €-6k€-6kNet result 2023: €-6k€-6k2019202120222023
RevenueOperating resultNet result
Sector comparison
Fiscal year 2023 · NACE 41, Construction of buildings · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 0.5% 37.5%
better than 12% of 3160 sector peers
Net result €-6k €9k
better than 14% of 3152 sector peers
Equity €401 €25k
better than 13% of 3165 sector peers
Gross operating margin €-5k €27k
better than 7% of 3146 sector peers
Total assets €88k €81k
better than 54% of 3161 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€165k
- 19-23
EBITDA
€-6k
- 19-23
Net profit
€-6k
- 19-23
Cash flow
€-6k
- 19-23
Total assets
€88k
+129.9% 19-23
Equity
€401
-93.9% 19-23
Working capital
€30
-99.5% 19-23
Income taxes
€8
-89.3% 19-23
Show 11 other metrics
Debt
€88k
+175.7% 19-23
Debt ≤ 1y
€88k
+175.7% 19-23
Current ratio
1.00
-16.0% 19-23
Quick ratio
1.00
-16.0% 19-23
Solvency
0.5%
-97.3% 19-23
Debt / equity
219.63
+4391.0% 19-23
ROE
-1529.2%
- 19-23
ROA
-6.9%
- 19-23
Net margin
0.8%
- 19-23
EBITDA margin
1.0%
- 19-23
Interest coverage
-22.54
- 19-23
Figures by fiscal year
Fiscal year2023
Depositmicro
Revenue-
EBITDA€-6k
Net profit€-6k
Cash flow€-6k
Staff costs-
Income taxes€8
Dividends-
Total assets€88k
Equity€401
Debt€88k
of which ≤ 1y€88k
of which > 1y-
Working capital€30
Employees (FTE)-
Ratios (computed)
2023
Current ratio1.00
Quick ratio1.00
Working capital ratio0.0%
Solvency0.5%
Debt / equity219.63
Long-term debt ratio-
Interest coverage-22.54
Gross margin-
Net margin-
ROA-6.9%
ROE-1529.2%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts (19 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€88k
Formation expenses 20€371
Current assets 29/58€88k
Amounts receivable within one year 40/41€88k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€88k
Equity 10/15€401
Contributions / capital 10/11€7k
Reserves 13€382
Accumulated profits (losses) 14€-7k
Amounts payable 17/49€88k
Amounts payable within one year 42/48€88k
Trade debts payable within one year 44€69k
Income statement
Gross operating margin 9900€-5k
Operating result 9901€-6k
Financial charges 65€257
Result before taxes 9903€-6k
Income taxes 67/77€8
Net result for the period 9904€-6k
Result to be appropriated 9905€-6k
This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 2 directors
Current directors & mandates
  • DA FONSECA RIBEIRO ANTONIO
    Director
    State Gazette act 25078052 (23-06-2025)
    Current
    23-06-2025 → present
Former directors (1)
  • AMANSO DA PAZ IRANI
    Director
    State Gazette act 25078052 (23-06-2025)
    Former
    - → 23-06-2025
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Directors & mandates1 person
Role Name Tenure Source
Curator ANTHONY BOCHON
AVENUE LOUISE 480 BOITE 11, 1050 IXELLES
 29-08-2025 → present Belgian State Gazette
Legal Structure
NACE primary Algemene bouw van residentiële gebouwen(41001)
Legal form Private limited company (pre-2019)(015)
Incorporation24-07-2018
StatusActive
Postal code1180
First BS signal 08-09-2025
Latest BS signal 08-09-2025
Establishment units 1 location
AFR BUSINESS
Kemmelberglaan 25, 1060 Sint-Gillis (bij-Brussel)Bouwrijp maken van terreinen
since 20182.363.670.759
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21614E0126/00A002 Brussels 1,616 m² 1 · 1,089 m² 12.7 m · 2 fl.
21562A0198/00M003 Brussels 207 m² 1 · 132 m² 17.4 m · 5 fl.
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.
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
08-09-2025
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL AFR BUSINESS CHAUSSEE D’ALSEMBERG 842, 1180 UCCLE · event 29-08-2025
23-06-2025
State Gazette act Registered-office change
2024
20-11-2024
State Gazette act Capital & shares
04-06-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
04-03-2024
State Gazette act Capital & shares
2023
28-08-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
25-04-2023
State Gazette act Capital & shares
02-03-2023
State Gazette act Capital & shares
2022
17-10-2022
State Gazette act Capital & shares
13-06-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2020
17-08-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
Lifecycle & Insolvency Signals1 events
08-09-2025
Bankruptcy Opening
Date: 29-08-2025 · Tribunal de l’entreprise francophone de Bruxelles · SRL AFR BUSINESS CHAUSSEE D’ALSEMBERG 842, 1180 UCCLE · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-09-08 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage 0 of 10 acts read

We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 6 acts
Capital history · 5
20-11-2024
Capital change
04-03-2024
Capital change
25-04-2023
Capital change
02-03-2023
Capital change
17-10-2022
Capital change
Address history · 1
23-06-2025
Registered-office move
All acts · 6 updated 1 year ago
2025
23-06-2025 Registered office moved to UCCLE Registered-office change
  • CHAUSSEE D' ALSEMBERG 842, à 1180 UCCLE
Technical details 
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      },
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    "org_rep_person_name": null,
    "person_role_at_subject": "Administrateur d\u00E9missionnaire"
  },
  "co_filed_documents": [
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  ]
}
2024
20-11-2024 Transaction in capital or shares Capital & shares
Technical details 
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  "act_meta": {
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  "decision": {
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  },
  "bedrijfsrevisor": null,
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    "org_rep_person_name": null,
    "person_role_at_subject": "MANDATAIRE"
  },
  "co_filed_documents": [],
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  "share_classes_after": []
}
04-03-2024 Transaction in capital or shares Capital & shares
Technical details 
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      "after_eur": null,
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  "notary": {
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    "office_city": "Bruxelles",
    "is_associated": false
  },
  "act_meta": {
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    "pub_date": "2024-03-04",
    "filing_date": null,
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  "decision": {
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    "underlying_resolution_date": "2024-02-21"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
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    "name_full": "AFR",
    "legal_form": "SRL",
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  "publication_proxy": {
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  "co_filed_documents": [],
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    },
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    }
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  "share_classes_after": []
}
2023
25-04-2023 Transaction in capital or shares Capital & shares
Technical details 
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  "events": [
    {
      "kind": "share_transfer",
      "after_eur": null,
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    "office_city": "Bamles",
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  },
  "act_meta": {
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    "act_kind_objet": "Objet de l\u0027acte:"
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  "decision": {
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    "act_date": "2023-04-17",
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  },
  "bedrijfsrevisor": null,
  "subject_company": {
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    "name_full": "AFR",
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  "co_filed_documents": [],
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}
02-03-2023 Transaction in capital or shares Capital & shares
Technical details 
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    "is_associated": false
  },
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  "share_classes_after": []
}
2022
17-10-2022 Transaction in capital or shares Capital & shares
Technical details 
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          "name": "AMANSO DA PAZ IRANJ",
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        },
        {
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        },
        {
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          "name": "DA FONSECA Ribeiro Antonio",
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        }
      ],
      "decrease_purpose": null,
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    },
    {
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          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "M. SOUZA LANA RONILSON",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 5,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Mme AMANSO DA PAZ IRANI",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 5,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Saint-Gilles",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": null,
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "act_date": null,
    "unanimous": true,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2022-06-01"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0700.362.764",
    "name_full": "AFR BUSINESS",
    "legal_form": "SRL",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "LU VINH QUANG",
    "org_rep_person_name": null,
    "person_role_at_subject": "mandataire"
  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": 50.0,
      "kind": "person",
      "name": "AMANSO DA PAZ IRANI",
      "role": "aandeelhouder",
      "n_shares": 50,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": 50.0,
      "kind": "person",
      "name": "DA FONSECA Ribeiro Antonio",
      "role": "aandeelhouder",
      "n_shares": 50,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Algemene bouw van residentiële gebouwen41001Algemene elektrotechnische installatiewerken43211Sanitaire werkzaamheden43221Overige gespecialiseerde bouwactiviteiten, neg43990Restaureren van bouwwerken43995Algemene reiniging van gebouwen81210Overige reiniging van gebouwen; industriële reiniging81220
Primary activity highlighted.
Names & trade names
Legal nameFR AFR BUSINESS
Registered office
Alsembergsesteenweg 842
1180 Ukkel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Comparable size · 5,401 of 29,600 companies in this sector with filed accounts
4BETTERAGILE BE 0792.865.429 · Oostende
ECO 4 BE 0783.390.707 · Eupen
DEMECO CONSTRUCT BE 0790.627.006 · Elsene
CORREIA & CONSTRUCTION BE 0757.885.249 · Sint-Gillis (bij-Brussel)
App-Reno BE 0763.397.720 · Wuustwezel
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative