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AFROSOURCE

Active Private limited companyfounded 2025active for 1 yearVictor Gambierstraat 41, 1180 UccleKBO/BCE: BE 1020.292.718

Lifetime

1 annual account with figures
peak -€56,006 (2025)
-€56,006 
lowest -€61,747 (2025)
-€61,747 
peak -€13,697 (2025)
-€13,697 
€43,697 
peak 0 FTE (2025)
0 FTE 
Board2 names since 2025
2 directors and 1 other
Documentsfilings and deeds
03-08-20263 days late
2025abbreviated format
Loss of €61,747Incorporation 25-021 establishment registeredFirst year with figures

Key points

from the 2025 annual accounts

Equity

-€13,697
2025

Debts exceed assets in financial year 2025.

Debts

€43,697 146% of the balance sheet

Position in the sector

-45.7%

Lower solvency than 95% of companies in wholesale trade. Sector median 44.1% · 10,745 companies.

2025 accounts filed 3 days after the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,322 companies had the same profile as AFROSOURCE has now. Each dot stands for 4 companies, two years later.

90.2%
were still trading
5.5%
stopped another way
4.2%
went bankrupt
  • Micro
  • under 2 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
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 1,322 companies, not a prediction for AFROSOURCE. 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
Director
  • 30 sharesdeed of 25-02-2025
  • 50 sharesdeed of 25-02-2025
  • 20 sharesdeed of 25-02-2025
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1020292718
First establishment Victor Gambierstraat 41, Uccle
Incorporation Founding capital of €48,050, 100 shares, €23,050 paid up · Founders: and · Appointments: (director) and (director) · published on 25-02-2025 · Gazette deed
All 4 events

Comparable companies

same main activity, similar in size and age
Company
AFROSOURCE Uccle €30,001 -€56,006 -45.7% 0
FROZEN FISH Molenbeek-Saint-Jean €42,846 -€1,691 -4.4% -
NUTRIFOODS Middelkerke €40,192 -€15,058 -35.5% -
MOONPOPS Duffel €43,746 €1,882 85.5% -
Société Belge de Négoce Brussels €10,276 -€8,094 -32.6% -
HILS Antwerp €80,509 -€35,584 -61.4% -
PaCo Bakers Roeselare €8,911 €1,726 28.2% -

These companies have the same main activity as AFROSOURCE: wholesale trade (NACE 46391). They are comparable in size and age: total assets between €8,910 and €80,500, founded between 2024 and 2025.

Official details

Source: KBO
Status
Active since 21-02-2025Normal situation
Activity
Wholesale tradeNACE 46391and 2 others
Establishment unit
2.372.928.3211180 Uccle, since 08-04-2025
Financial year end
31 December
Peppol
Reachable since 11-07-2026
Company details

Annual accounts 2025

€30,001
Filing
Filed on 03-08-2026
Financials

Insights on AFROSOURCE

The 2025 annual accounts show negative equity (-€13,697) and a net result of -€61,747. Its solvency ranks better than 5% of 10,745 sector peers (NACE 46, financial year 2025).

The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

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 AFROSOURCE

What is the company number of AFROSOURCE?
The company number of AFROSOURCE is 1020.292.718. The VAT number is the same number with BE in front: BE 1020.292.718.
Where is AFROSOURCE based?
The registered office is at Victor Gambierstraat 41, 1180 Uccle.Company details
What does AFROSOURCE do?
According to the KBO register, the main activity is wholesale trade (NACE 46391).
What is the legal form of AFROSOURCE?
AFROSOURCE is a private limited company (BV).
When was AFROSOURCE founded?
AFROSOURCE was founded on 21-02-2025.
Is AFROSOURCE still active?
Yes, AFROSOURCE is an active enterprise in the KBO register.
What is the turnover of AFROSOURCE?
The turnover of AFROSOURCE was €24,969 in financial year 2025, according to the filed annual accounts.Financials
Is AFROSOURCE profitable?
In financial year 2025, AFROSOURCE made a loss of €61,747.
Where can I find the annual accounts of AFROSOURCE?
AFROSOURCE filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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