AFRO MULTI SERVICES
ActiveThe file of AFRO MULTI SERVICES contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. For AFRO MULTI SERVICES, at least two filing cycles of the annual accounts are missing. The computed 12-month bankruptcy probability is 2.7% (moderate). The 2022 annual accounts show equity of €381k and a net result of €38k. Equity is growing by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 3607 sector peers (fiscal year 2022).
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability67▼-5
Solvency100▲+22
Growth78=
Track record85
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022Solvency, return and age of the figures
Solvency
92.9%
Return on assets
9.2%
Age of the figures
45 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 12-09-2023, 43 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
43 d late
2021
75 d late
2020
24 d late
2019
160 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€38k▲ 133%
2021 · €16k
2018: €-10k
2019: €68k
2020: €66k
2021: €16k
2018 → 2022
Working capital
€381k▼ 35.3%
2021 · €590k
2018: €132k
2019: €488k
2020: €538k
2021: €590k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€193k-€262k▲ 35.4%€327k▲ 25.0%€343k▲ 5.0%€381k▲ 11.0%
Operating result€14k-€78k▲ 440%€92k▲ 17.3%€18k▼ 80.4%€51k▲ 185%
Net result€-10k-€68k€66k▼ 4.2%€16k▼ 75.3%€38k▲ 133%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2022; 2022 is 185% above 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €410k
Fixed assets
€20k▼ 31.3%
Current assets
€390k▼ 37.0%
Equity and liabilities €410k
Equity
€381k▲ 11.0%
Debt
€29k▼ 90.5%
The debt ratio falls from 47.1% to 7.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€61k▲
2021 · €27k
Cash flow
€47k▲
2021 · €25k
Solvency
92.9%▲
2021 · 52.9%
Current ratio
46.78▲
2021 · 21.26
Quick ratio
46.78▲
2021 · 21.26
Debt / equity
0.08▼
2021 · 0.89
ROE
9.9%▲
2021 · 4.7%
ROA
9.2%▲
2021 · 2.5%
Interest coverage
4.46▼
2021 · 15.02
Debt
€29k▼
2021 · €305k
Debt ≤ 1 year
€8k▼
2021 · €29k
Debt > 1 year
€21k▼
2021 · €276k
Staff costs
€8k▼
2021 · €25k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€649k€410k▼
Fixed assets21/28€30k€20k▼
Tangible fixed assets22/27€27k€17k▼
Furniture and vehicles24€27k€17k▼
Financial fixed assets28€3k€3k=
Current assets29/58€619k€390k▼
Amounts receivable within one year40/41€617k€385k▼
Trade receivables40€364k€373k▲
Other amounts receivable41€253k€12k▼
Cash at bank and in hand54/58€2k€4k▲
Deferred charges and accrued income490/1€322€322=
Equity and liabilities
Total equity and liabilities10/49€649k€410k▼
Equity10/15€343k€381k▲
Contributions10/11€13k€13k=
Outside capital11€13k€13k=
Other1109/19€13k€13k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€328k€366k▲
Amounts payable17/49€305k€29k▼
Amounts payable after more than one year17€276k€21k▼
Financial debts170/4€276k€21k▼
Amounts payable within one year42/48€29k€8k▼
Current portion of amounts payable after more than one year42€12k€5k▼
Financial debts43€21€3k▲
Credit institutions430/8€21€3k▲
Taxes, remuneration and social security45€17k-
Taxes450/3€17k-
Other amounts payable47/48-€990
Income statement
Code20212022
Non-recurring operating income76A€11k-
Remuneration, social security and pensions62€25k€8k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▲
Other operating charges640/8€108k€1k▼
Non-recurring operating charges66A€6k-
Gross operating margin9900€165k€70k▼
Operating profit (loss)9901€18k€51k▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€2k€14k▲
Recurring financial charges65€2k€14k▲
Profit (loss) for the period before taxes9903€16k€38k▲
Profit (loss) for the period9904€16k€38k▲
Profit (loss) for the period to be appropriated9905€16k€38k▲
Appropriation of the result
Profit (loss) to be appropriated9906€328k€366k▲
Profit (loss) brought forward from the previous period14P€312k€328k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
28-11
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Brussel · AFRO MULTI SERVICES BV OPZICHTER- STRAAT 184/1, 1080 SINT-JANS-MOLENBEEK · event 19-11-2024
25-09
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL AFRO MULTI SERVICES RUE DE L’INTENDANT 184/1, 1080 MOLENBEEK-SAINT-JEAN · event 09-09-2024
2023
12-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 43 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 46.78
Current ratio from 21.26 to 46.78; short-term debt falls from €29k to €8k.
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 75 days late
2021
31-12
Financial
Liquidity times 9current ratio 21.26
Current ratio from 2.33 to 21.26; short-term debt falls from €405k to €29k.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 24 days late
07-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 160 days late
2019
31-12
Financial
Back to profitnet €68k
Net result €68k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.54
Current ratio from 1.27 to 2.54; short-term debt falls from €494k to €317k.
31-12
Financial
Equity above €200kEq €262k ▲35.4%
Equity rises from €193k to €262k.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 61 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 59 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
04-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 4 days late
2015
28-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 28 days late
2014
26-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 26 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 acts for this company are 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-Jans-Molenbeek · 1 establishment unit since 2010
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.
Opzichterstraat 1841080 Sint-Jans-MolenbeekGround area
203 m²
Building footprint
121 m²
Volume, LiDAR
1,842 m³
2 parcels, Brussels · tallest building 23.2 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Pavlyuk & Co
since 20102.192.476.548
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21012A0078/00G006 | Brussels | 134 m² | 1 · 50 m² | 23.2 m · 7 fl. |
| 21815D0079/00F000 | Brussels | 69 m² | 1 · 71 m² | 16.5 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GAUTIER PIRARD AVENUE FRANKLIN ROOSE-
VELT 51, 1050 IXELLES |
09-09-2024 → present |
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,036 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded30-09-2010
Fiscal year end31-12
Abbreviation FR
AMS
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:pavlyuk.a@hotmail.com
Phone:0484/988 556