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AFR CONSTRUCT

Active
Private limited companyfounded 2021active for 5 years84 active companies are registered at this addressKBO/BCE: BE 0775.483.128
Summary

The computed 12-month bankruptcy probability of AFR CONSTRUCT is 13.8% (high). The 2022 annual accounts show equity of €4,340 and a net result of €4,340. Its solvency ranks better than 25% of 749 sector peers (NACE 25, financial year 2022). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Manufacture of metal structures and parts of structures
NACE 25110
Size
€17,810total assets 2022
Equity
€4,340
Profit
€4,340
Financial health
Bankruptcy probabilitywithin 12 months
13.8%
2022 figures too old to score
Structure
Accounts filed 31 days late0 of 1 deed read
Signalsraises riskFigures for financial year 2022 (filed 07-09-2023)3 financial years not filed after the legal deadline; latest accounts 31 days late; 1 of the last 3 lateNo registered site in the KBOSize: total assets €17,810neutralFiled after the deadlineShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: High
Financial strength, FY 2022
Strong
Solvency 49
equity 24.4% of total assets
Liquidity 36
short-term debt 75.6% · cash 21.3%
Profitability 98
return on assets 24.4%
Bankruptcy probability, 12 months
13.8% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,699 companies, NACE 25, micro)
Last 24 months 11-2024: 6.6%lowest value 12-2024: 8.2%▲ +1.6 percentage points vs 11-2024 01-2025: 11.8%▲ +3.6 percentage points vs 12-2024 02-2025: 11.8%● unchanged vs 01-2025 03-2025: 12.2%▲ +0.4 percentage points vs 02-2025 04-2025: 11.1%▼ -1.1 percentage points vs 03-2025 05-2025: 11.1%● unchanged vs 04-2025 06-2025: 10.2%▼ -0.9 percentage points vs 05-2025 07-2025: 10.2%● unchanged vs 06-2025 08-2025: 13.2%▲ +3.0 percentage points vs 07-2025 09-2025: 13.2%● unchanged vs 08-2025 10-2025: 14.7%▲ +1.5 percentage points vs 09-2025 11-2025: 14.7%● unchanged vs 10-2025 12-2025: 14.7%● unchanged vs 11-2025 01-2026: 14.7%● unchanged vs 12-2025 02-2026: 14.7%● unchanged vs 01-2026 03-2026: 14.7%● unchanged vs 02-2026 04-2026: 14.7%● unchanged vs 03-2026 05-2026: 14.7%● unchanged vs 04-2026 06-2026: 14.7%● unchanged vs 05-2026 07-2026: 14.7%● unchanged vs 06-2026highest value 08-2026: 13.9%▼ -0.8 percentage points vs 07-2026 09-2026: 13.9%● unchanged vs 08-2026 10-2026: 13.8%▼ -0.1 percentage points vs 09-2026
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Signals

Five signals.
raises riskneutral
raises risk · Figures for financial year 2022 (filed 07-09-2023)
NBB · annual accounts
raises risk · 3 financial years not filed after the legal deadline; latest accounts 31 days late; 1 of the last 3 late
NBB · filings
raises risk · No registered site in the KBO
KBO · seat and establishments
raises risk · Size: total assets €17,810
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-08-2023, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2022
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2022 accounts 31 days after the deadline; the sector median (NACE 25) for financial year 2022 is 5 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2022 · full…

Key points

  • Caution: Among the weakest 5% on equitysector median €965,603 · 749 companies €4,340 View
  • Active since 2021founded 07-10-2021 5 years View
  • Total assets 2022first financial year filed €17,810 View

By topic

Financials

Financial year
2022
Total assets
€17,810
Profit
€4,340
Solvency
24.4%
Go to Financials

Company details

Legal form
Private limited company
Activity
Manufacture of metal structures and parts of structuresNACE 25110
Founded
07-10-2021
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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