AFRO CONSTRUCT
ActiveAFRO CONSTRUCT has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44k and a net result of €12k. Its solvency ranks better than 61% of 7452 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▼-13
Solvency79▼-21
Growth52
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.13 against 4.26 in 2024; short-term debt: 45.8% and cash: 8.3% of total assets), and 45.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
54.2%
Return on assets
14.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
4 d late
2024
27 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€44k▲ 37.7%
2024 · €32k
2024: €32k
2024 → 2025
Total assets
€82k▲ 98.6%
2024 · €41k
2024: €41k
2024 → 2025
Net result
€12k▼ 62.3%
2024 · €32k
2024: €32k
2024 → 2025
Working capital
€42k▲ 44.4%
2024 · €29k
2024: €29k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€32k-€44k▲ 37.7%
Operating result€40k-€16k▼ 59.8%
Net result€32k-€12k▼ 62.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 60% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €82k
Fixed assets
€2k▼ 33.3%
Current assets
€80k▲ 108%
Equity and liabilities €82k
Equity
€44k▲ 37.7%
Debt
€37k▲ 316%
The debt ratio rises from 21.9% to 45.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€17k▼
2024 · €41k
Cash flow
€13k▼
2024 · €33k
Solvency
54.2%▼
2024 · 78.1%
Current ratio
2.13▼
2024 · 4.26
Quick ratio
2.13▼
2024 · 4.26
Debt / equity
0.85▲
2024 · 0.28
ROE
27.4%▼
2024 · 100.0%
ROA
14.8%▼
2024 · 78.1%
Interest coverage
58.26▼
2024 · 604.19
Debt
€37k▲
2024 · €9k
Debt ≤ 1 year
€37k▲
2024 · €9k
Income taxes
€4k▼
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€41k€82k▲
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Furniture and vehicles24€3k€2k▼
Current assets29/58€38k€80k▲
Amounts receivable within one year40/41€34k€73k▲
Trade receivables40€20k€60k▲
Other amounts receivable41€14k€13k▼
Cash at bank and in hand54/58€5k€7k▲
Equity and liabilities
Total equity and liabilities10/49€41k€82k▲
Equity10/15€32k€44k▲
Profit (loss) carried forward14€32k€44k▲
Amounts payable17/49€9k€37k▲
Amounts payable within one year42/48€9k€37k▲
Trade debts44€316€29k▲
Suppliers440/4€316€29k▲
Taxes, remuneration and social security45€9k€5k▼
Taxes450/3€9k€5k▼
Other amounts payable47/48-€3k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€925€925=
Other operating charges640/8€3k€2k▼
Gross operating margin9900€44k€19k▼
Operating profit (loss)9901€40k€16k▼
Financial income75/76B€1€725▲
Recurring financial income75€1€725▲
Financial charges65/66B€68€293▲
Recurring financial charges65€68€293▲
Profit (loss) for the period before taxes9903€40k€17k▼
Income taxes67/77€8k€4k▼
Profit (loss) for the period9904€32k€12k▼
Profit (loss) for the period to be appropriated9905€32k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€32k€44k▲
Profit (loss) brought forward from the previous period14P-€32k
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 4 days late
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Niklaas · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Albrecht Rodenbachstraat 389100 Sint-NiklaasGround area
121 m²
Building footprint
83 m²
Volume, LiDAR
447 m³
Parcel 46021A0971/00Y006, Flanders · tallest building 10.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
AFRO & CONSTRUCT
since 20232.346.032.793
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46021A0971/00Y006 | Flanders | 121 m² | 1 · 83 m² | 10.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
RONIN CONCEPT
BE 1003.074.624
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F.A-CONSTRUCT
BE 0627.920.194
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A BELLEMANS SPRL
BE 0694.685.294
Lontzen · Eq €44k
RE-NEW-VATIONS
BE 0729.643.403
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AK&zonen
BE 1003.977.912
Boom · Eq €44k
Of 29,801 companies in sector 41001 we hold annual accounts for 16,050. 12,970 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formLimited partnership
Founded12-05-2023
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41003General construction of other non-residential buildings
43230Insulation installation
43291Specialised construction activities
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:constructafro@gmail.com