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Generated 13-07-2026
Active BE 0775.483.128Private limited company

AFR CONSTRUCT

· 4 yrs active
Sector: NACE 25110 (25110)
Conclusion Checked

The computed 12-month bankruptcy probability of AFR CONSTRUCT is 3.9% (moderate). The 2022 annual accounts show equity of €4k and a net result of €4k. Its solvency ranks better than 40% of 43 sector peers (fiscal year 2022). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €4k
Net result €4k
Better than sector 40%
Active 4 yrs
Snowflake analysis 5 axes · computed by Checked
Health60Profitability100Solvency43Growth50Stability79
66 / 100

Strong profile, led by profitability.

Health 60
Profitability 100
Solvency 43
Growth 50
Stability 79
Bankruptcy probability (12 mo) Checked model v1 · free
3.9% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Annual accounts: weaker financial profile +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2022 · computed
60 / 100 Healthy
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 31-08-2023 with the NBB · fiscal year 2022 · volledig
Sector comparison
Fiscal year 2022 · NACE 25 · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 24.4% 28.3%
better than 40% of 43 sector peers
Net result €4k €62k
better than 20% of 43 sector peers
Equity €4k €725k
better than 13% of 43 sector peers
Staff costs €26 €717k
higher than 5% of 39 sector peers
Total assets €18k €2.64M
better than 5% of 43 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2022
Revenue-
EBITDA-
Net profit€4k
Cash flow-
Staff costs€26
Income taxes€2k
Dividends-
Total assets€18k
Equity€4k
Debt€13k
of which ≤ 1y€13k
of which > 1y-
Working capital€4k
Employees (FTE)-
Ratios (computed)
2022
Current ratio1.31
Quick ratio1.31
Working capital ratio23.3%
Solvency24.4%
Debt / equity3.10
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA24.4%
ROE100.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€18k
Fixed assets 21/28€185
Financial fixed assets 28€185
Current assets 29/58€18k
Amounts receivable within one year 40/41€14k
Cash & bank 54/58€4k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€18k
Equity 10/15€4k
Accumulated profits (losses) 14€4k
Amounts payable 17/49€13k
Amounts payable within one year 42/48€13k
Trade debts payable within one year 44€7k
Income statement
Gross operating margin 9900€6k
Operating result 9901€6k
Financial charges 65€47
Result before taxes 9903€6k
Income taxes 67/77€2k
Net result for the period 9904€4k
Result to be appropriated 9905€4k
Ratios computed by Checked.
Legal Structure
NACE primary 25110
Legal form Private limited company(610)
Incorporation07-10-2021
StatusActive
Postal code-
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.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23069A0395/00A002 Flanders 1,540 m² 1 · 6,251 m² 14.4 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 1 events

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

2023
31-08-2023
NBB filing Annual accounts filed
fiscal year 2022 · volledig
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE) Crossroads Bank
Activities
Vervaardiging van metalen constructiewerken en delen daarvan25110Vervaardiging van metalen constructiewerken en delen daarvan25110
Primary activity highlighted.
Names & trade names
Legal nameNL AFR CONSTRUCT
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative