Turnover
≈ €230,000 estimated
The micro format states no turnover.
AFRO CONSTRUCT
Overview
Lifetime
2 annual accounts with figures on one time axispeak €43,799 (2024)
€19,256▼ 56.0%
peak €32,093 (2024)
€12,091▼ 62.3%
peak €44,184 (2025)
€44,184▲ 37.7%
€37,402▲ 316%
Board1 name since 2023
1 directorBAJRAMI Aferdite
Documentsfilings and deeds
04-08-20264 days late
2025micro format
Gross margin from €43,799 to €19,256Result from €32,093 to €12,091Equity from €32,093 to €44,184Debts from €8,991 to €37,402Cash from €4,531 to €6,768
Key points
from the 2025 annual accountsLiquidity
2.13 was 4.26 in 2024
Short-term debts rose from €8,991 to €37,402.
2025 accounts filed 4 days after the deadline
Checked score
54
Fair
Financially stronger than 61% of micro companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,459 companies (NACE 41, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.5%
01-2025: 3.5%● unchanged vs 12-2024
02-2025: 3.4%▼ -0.1 percentage points vs 01-2025
03-2025: 3.3%▼ -0.1 percentage points vs 02-2025
04-2025: 3.6%▲ +0.3 percentage points vs 03-2025
05-2025: 3.7%▲ +0.1 percentage points vs 04-2025
06-2025: 3.7%● unchanged vs 05-2025highest value
07-2025: 3.7%● unchanged vs 06-2025highest value
08-2025: 1.5%▼ -2.2 percentage points vs 07-2025
09-2025: 1.5%● unchanged vs 08-2025
10-2025: 1.5%● unchanged vs 09-2025
11-2025: 1.5%● unchanged vs 10-2025
12-2025: 1.5%● unchanged vs 11-2025
01-2026: 1.5%● unchanged vs 12-2025lowest value
02-2026: 1.5%● unchanged vs 01-2026
03-2026: 1.6%▲ +0.1 percentage points vs 02-2026
04-2026: 1.7%▲ +0.1 percentage points vs 03-2026
05-2026: 1.8%▲ +0.1 percentage points vs 04-2026
06-2026: 1.8%● unchanged vs 05-2026
07-2026: 1.9%▲ +0.1 percentage points vs 06-2026
08-2026: 1.6%▼ -0.3 percentage points vs 07-2026
09-2026: 2.2%▲ +0.6 percentage points vs 08-2026
10-2026: 2.2%● unchanged vs 09-2026
11-2026: 2.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2023
Size: total assets €81,586
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Legal form: limited partnership
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 62% of them on solvency, 34% on liquidity, 71% on profitability and 75% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as AFRO CONSTRUCT has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of AFRO CONSTRUCT itself: 2.2% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 39,278 companies, not a prediction for AFRO CONSTRUCT. 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
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.13 (4.26 in 2024), above the usual 1.5. Short-term debt is 45.8% and cash 8.3% of total assets. 45.8% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 4 days late
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. 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 · 2 filingsDeviation from the deadline
2025
4 days late
2024
27 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 12 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0801719945
Incorporation
Founding capital of €1,000, 100 shares · Founder: BAJRAMI Aferdite (ondergetekende) · Appointment: BAJRAMI Aferdite (manager) · published on 16-05-2023 · Gazette deed
First establishment
AFRO & CONSTRUCT, Albrecht Rodenbachstraat 38, Sint-Niklaas
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| AFRO CONSTRUCT Sint-Niklaas | €81,586 | €19,256 | 54.2% | - |
| Profbouw Eeklo | €81,225 | €19,657 | 78.0% | - |
| ARINY TRADE Laarne | €67,672 | €19,582 | 72.8% | - |
| TARY CONSTRUCT Ghent | €75,763 | €23,967 | 76.0% | - |
| VSEM Technicus Lebbeke | €93,232 | €23,754 | 84.3% | - |
| BOELS CONSTRUCTION Erpe-Mere | €74,858 | €21,119 | 22.1% | - |
| BESTDIM Sint-Pieters-Leeuw | €81,918 | €19,603 | 54.0% | - |
These companies have the same main activity as AFRO CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €67,700 and €93,200, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 12-05-2023Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 3 others
- Establishment unit
- 2.346.032.7939100 Sint-Niklaas, since 12-05-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 23-12-2025
Annual accounts 2025
- €19,256▼ 56.0%
- €12,091▼ 62.3%
- €44,184▲ 37.7%
- €81,586▲ 98.6%
- Filing
- Filed on 04-08-2026
Insights on AFRO CONSTRUCT
The computed 12-month bankruptcy probability of AFRO CONSTRUCT is 2.2% (moderate). The 2025 annual accounts show equity of €44,184 and a net result of €12,091.
Its solvency ranks better than 62% of 9,452 sector peers (NACE 41, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 04-08-2026, 4 days late€19,256
▼ 56.0%
€16,145
▼ 59.8%
€12,091
▼ 62.3%
€42,334
▲ 44.4%
54.2%
▼ 24.0 percentage points
2.13
▼ 2.13
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €230,000. Estimated: probably between €120,000 and €410,000.
Balance sheet
balance sheet total €81,586 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
54.2%
Higher than 62% of 9,452 companies in 2025.
2.13
Higher than 61% of 9,200 companies in 2025.
14.8%
Higher than 67% of 9,272 companies in 2025.
AFRO CONSTRUCT
Middle half of the sector
80% of the sector
Micro accounts in construction of buildings (NACE 41)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
81,586 | 41,084 | |
21/28 |
1,850 | 2,775 | |
22/27 |
1,850 | 2,775 | |
24 |
1,850 | 2,775 | |
29/58 |
79,736 | 38,309 | |
40/41 |
72,968 | 33,778 | |
40 |
60,116 | 20,146 | |
41 |
12,852 | 13,632 | |
54/58 |
6,768 | 4,531 | |
| Balance sheet: equity and liabilities | |||
10/49 |
81,586 | 41,084 | |
10/15 |
44,184 | 32,093 | |
14 |
44,184 | 32,093 | |
17/49 |
37,402 | 8,991 | |
42/48 |
37,402 | 8,991 | |
44 |
29,412 | 316 | |
440/4 |
29,412 | 316 | |
45 |
4,990 | 8,675 | |
450/3 |
4,990 | 8,675 | |
47/48 |
3,000 | - | |
| Income statement | |||
9900 |
19,256 | 43,799 | |
630 |
925 | 925 | |
640/8 |
2,186 | 2,714 | |
9901 |
16,145 | 40,160 | |
75/76B |
725 | 1 | |
75 |
725 | 1 | |
65/66B |
293 | 68 | |
65 |
293 | 68 | |
9903 |
16,577 | 40,093 | |
67/77 |
4,486 | 8,000 | |
9904 |
12,091 | 32,093 | |
9905 |
12,091 | 32,093 | |
| Appropriation of the result | |||
9906 |
44,184 | 32,093 | |
14P |
32,093 | - | |
| Document | |||
The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 04-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 4 days after the deadline. Filed on 4 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00378652.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 17,070 | 41,085 | ||
| 13,016 | 33,018 | ||
| 0 | 3,700 | ||
| 2,237 | - | ||
| 42,334 | 29,318 | ||
| 54.2% | 78.1% | ||
| 2.13 | 4.26 | ||
| 0.85 | 0.28 | ||
| 27.4% | 100.0% | ||
| 14.8% | 78.1% | ||
| 58.26 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | - | €3,700 |
| €925 | €925 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on AFRO CONSTRUCT
The operating result for 2025 is 60% lower than in 2024.
Debt's share of the balance-sheet total rises from 21.9% to 45.8%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationMandates through the years
1 name, the dashed line is todayBAJRAMI Aferdite
Manager (not named in the articles)
Manager (not named in the articles)
Board
Mandates as a list
- BAJRAMI Aferdite
- Manager (not named in the articles), appointed by deed of 16-05-2023, still in office
Control
Capital
- Capital
- €1,000
- Shares
- 100
- Contribution per share
- €10
- Equity per share
- €442 in 2025
- Source
- deed of 16-05-2023
Articles of association
deed of 16-05-2023 (in Dutch)- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Overdracht onder levenden alleen toegestaan met uitdrukkelijke,bijzondere en schriftelijke toestemming van andere vennoot, overdracht van…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Thursday of May
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Speciaal verslag 15 dagen vooraf ter beschikking op zetel,maatregelen bij voortzetting,op agenda,kopie volgens artikel 269, te allen tijde…”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Bestuur, algemene vergadering kan een of meer vereffenaars aanwijzen”
Founder
At incorporation
deed of 16-05-2023 ↗
- BAJRAMI Aferdite sole founder · 100% at incorporation
Network & group
No group
AFRO CONSTRUCT has no parent and no holdings in its annual accounts. BAJRAMI Aferdite is the only director. AFRO CONSTRUCT shares no director with another company.
Timeline
Timeline
5 events since 2023Filings
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 4 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0801719945
Annual accounts 2024 filed PDFmicro format · 27 days before the deadline
2023
IncorporationFounding capital of €1,000, 100 shares · Founder: BAJRAMI Aferdite (ondergetekende) · Appointment: BAJRAMI Aferdite (manager) · published on 16-05-20233 points ▸
- Founder, BAJRAMI Aferdite (ondergetekende)
- Capital, €1,000, 100 shares
- Director appointment, BAJRAMI Aferdite (manager (not named in the articles))
- The deed holds 3 more points.
First establishment AFRO & CONSTRUCT, Albrecht Rodenbachstraat 38, Sint-Niklaas
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 12 May 2023, AFRO CONSTRUCT was incorporated as a limited partnership by one natural person, with a starting capital of €1,000.12 BAJRAMI Aferdite is manager of the company, appointed by deed of 16-05-2023.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Identity
- Enterprise number
- 0801.719.945
- VAT number
- BE 0801.719.945
- Peppol ID
- 0208:0801719945
- Other Peppol ID
- 9925:BE0801719945
- Legal form
- Limited partnership
- Status
- Active, normal situation
- Founded
- 12-05-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Thursday of Maydeed of 16-05-2023 (in Dutch)
- Peppol
- Reachable since 23-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- AFRO CONSTRUCT in Dutch
- Entity type
- Legal entity
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Albrechtrodenbachstraat 38 – 9100 SINT NIKLAAS”deed of 16-05-2023 (in Dutch)
Activities
NACEBEL 202541001
General construction of residential buildings main activity
43230
Insulation installation
Codes under NACEBEL 2008
41201
General construction of buildings main activity
41203
Construction of residential and non-residential buildings
43291
Specialised construction activities
43390
Specialised construction activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Tegels leggen; Alle grondwerken, egaliseren van bouwplaatsen, sleufopeningen, rotsverwijdering, vernietiging met explosieven; Ontwikkeling…”deed of 16-05-2023 (in Dutch)
30 activities
- Tegels leggen;
- Alle grondwerken, egaliseren van bouwplaatsen, sleufopeningen, rotsverwijdering, vernietiging met explosieven;
- Ontwikkeling en onderhoud van diverse terreinen;
- Alle herplaatsingswerkzaamheden;
- Gevelcementering en isolatie;
- Installatie van dekvloeren;
- Installatie van valse plafonds en scheidingswanden, metalen timmerwerk, installatie van parketvloeren en alle andere houten vloerbedekkingen;
- Metaalconstructies en metaaltechnische constructies, montage en demontage van steigers;
- Alle timmerwerkzaamheden in de breedste zin van het woord;
- De bouw van decoratieve schoorstenen en open haarden;
- Metselwerk;
- Alle wapeningswerkzaamheden en installatie van bekistingen;
- Het realiseren van ruwbouw van individuele woningen;
- De bouw van structurele werken van meercellige gebouwen (appartementen, kantoren, ...);
- Opruiming van het terrein;
- Ccentrale verwarming, gasverwarming door individueel apparaat;
- Metselwerk, het ruwbouwwerk
- Alle elektrische installatiewerkzaamheden;
- Alle thermische en akoestische isolatiewerkzaamheden;
- Zinkwerken, metalen dakbedekking, waterdichting van constructies, dakbedekking;
- Overige afwerkingswerkzaamheden;
- Sanitair werk;
- Het algemene bouwbedrijf;
- De import en export van alle producten die verband houden met bovenstaande activiteiten;
- De vennootschap heeft ook tot doel de exploitatie van commerciële oppervlakten, de levering van alle management- en managementdiensten in andere bedrijven of bedrijven, zowel Belgische als buitenlandse, de levering van administratieve, technische, IT-, juridische en vertegenwoordigingsdiensten voor rekening van derden ten aanzien van alle overheden en overheidsinstanties;
- De vennootschap kan ook in andere vennootschappen de functie van bestuurder, zaakvoerder of vereffenaar uitoefenen;
- Het uitvoeren van transacties van aankoop, verkoop en verhuur van onroerend goed;
- Vastgoed voor eigen rekening;
- Zij kan alle commerciële, industriële, financiële, roerende of onroerende handelingen verrichten die direct of indirect verband houden met haar maatschappelijk doel.
- Zij kan op enigerlei wijze geïnteresseerd zijn in een onderneming, vereniging of onderneming die een soortgelijk of verwant doel heeft met haar eigen of die de ontwikkeling van haar activiteiten kan bevorderen.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| AFRO & CONSTRUCT registered office Albrecht Rodenbachstraat 38, 9100 Sint-Niklaas | 12-05-2023 | 2.346.032.793 |
Buildings and parcels at the address
- Ground area
- 121 m²
- Buildings
- 83 m²
- Volume, LiDAR
- 447 m³
- Tallest building
- 10.2 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 46021A0971/00Y006 | 121 m² | 1 · 83 m² | 10.2 m · 1 |
Contact
E-mail
constructafro@gmail.com
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0801.719.945