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AFRIN

Active Private limited company (pre-2019)founded 2006active for 20 yearsKernenergiestraat 4, 2610 AntwerpKBO/BCE: BE 0878.549.190

Lifetime

20 annual accounts with figures on one time axis
peak €13,226 (2020)
€5,632▲ €6,440
lowest -€12,188 (2006)
€2,602▲ €4,240
peak €18,943 (2020)
€11,132▲ 30.5%
€1,411▼ 39.7%
peak 0.5 FTE (2007)
-not published
Board2 names since 2006
1 director
Documentsfilings and deeds
11-11-2026103 days late
2025micro format
Gross margin from -€808 to €5,632Back to profit: €2,602Registered office moved from Anwterpen to Antwerp 24-02Equity from €8,530 to €11,132Debts from €2,340 to €1,411Cash from €4,996 to €999

Key points

from the 2025 annual accounts

Losses

-€1,638
2018201920202021202220232024

4 loss-making years in a row. Loss in financial year 2024.

Filings

20 annual accounts 103 days
AprilJune31 JulyOctober2010201520202025

Latest accounts filed late: after the legal deadline.

Position in the sector

88.8%

Higher solvency than 93% of companies in retail trade. Sector median 33.4% · 25,237 companies.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 5,828 companies had the same profile as AFRIN has now. Each dot stands for 15 companies, two years later.

84.6%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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 2.9% 3.1%
10 5.6% 6.1%

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 5,828 companies, not a prediction for AFRIN. 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 verdict

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

Signals

Board and ownership

Director
  • 186 sharesdeed of 24-02-2025
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0878549190
Registered office moved from Anwterpen to Antwerp Transfer of 186 shares from to · New registered office: Kernenergiestraat 4 bus 401, 2610 Antwerpen · Previous registered office: Sint-Gummarusstraat 39, 2060 Anwterpen · General meeting of 15-12-2024 · Gazette deed
First establishment Diepestraat 39, Antwerp
Incorporation published on 23-01-2006 · Gazette deed
All 32 events

Comparable companies

same main activity, similar in size and age
Company
AFRIN Antwerp €12,542 €5,632 88.8% -
BILMOL Lichtervelde €13,579 €4,804 -18.9% -
REBORN IEPER Ypres €14,811 €8,829 85.6% -
LA GERABOTTE Liège €14,461 €2,954 -25.1% -
REMAR REHABILITATION DES MARGINAUX Sint-Gillis (bij-Brussel) €15,222 €8,045 84.5% -
OCHIC Liège €13,983 €11,362 -655.0% -
ALIWES IMPORT EXPORT Saint-Josse-ten-Noode €28,928 €11,149 57.2% -

These companies have the same main activity as AFRIN: retail sale of second-hand clothing (NACE 47792). They are comparable in size and age: total assets between €13,600 and €28,900, founded between 1998 and 2012.

Official details

Source: KBO
Status
Active since 06-01-2006Normal situation
Activity
Retail sale of second-hand clothingNACE 47792and 3 others
Establishment unit
2.151.540.0732060 Antwerp, since 31-01-2006
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2024

€10,870▼ 9.9%
Filing
2025 annual accounts filed on 11-11-2026
Financials

Insights on AFRIN

AFRIN files the micro format. That format states no turnover. The gross margin rose from -€11,207 in 2006 to €5,632 in 2025.

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 AFRIN

What is the company number of AFRIN?
The company number of AFRIN is 0878.549.190. The VAT number is the same number with BE in front: BE 0878.549.190.
Where is AFRIN based?
The registered office is at Kernenergiestraat 4, 2610 Antwerp.Company details
What does AFRIN do?
According to the KBO register, the main activity is retail sale of second-hand clothing (NACE 47792).
What is the legal form of AFRIN?
AFRIN is a private limited company (pre-2019) (BVBA).
When was AFRIN founded?
AFRIN was founded on 06-01-2006.
Is AFRIN still active?
Yes, AFRIN is an active enterprise in the KBO register.
What is the turnover of AFRIN?
The annual accounts for financial year 2024 state no turnover. The micro format does not require it.Financials
Is AFRIN profitable?
In financial year 2024, AFRIN made a loss of €1,638.
Where can I find the annual accounts of AFRIN?
AFRIN filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of AFRIN due?
AFRIN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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