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AFS

Active
Cooperative companyfounded 196858 yrs activeElisabethlaan 156, 2600 Antwerpen, BelgiumKBO/BCE: BE 0406.383.082
Summary

AFS has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.8m and a net result of €274,052. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 64% of 4209 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysis Watch Report Compare
AFSActiveChecked score 66/100
Risk analysis Report Compare

Checked score

Score 2025
66 / 100
Healthy
Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability44▼-7
Solvency74▼-3
Growth62▲+2
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €700,000 at 30 days acceptable
Liquidity short (current ratio 0.98 against 0.72 in 2024; short-term debt: 24.5% and cash: 1.3% of total assets), and 50.8% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 58 years 0 60 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
49.2%
Return on assets
1.2%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-05-2026, 70 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
70 d early
2024
76 d early
2023
63 d early
2022
61 d early
2021
59 d early
2020
50 d early
2019
1 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 54 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (2)
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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 13 May 1968, AFS was incorporated.1 Of the 2 current board members, Apr Gyselen Eric has served longest, since 2026.2 Revenue went from EUR 9.8 million in 2018 to EUR 9 million in 2025 and headcount from 48.2 to 36.9 full-time equivalents.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 14-08-2026
  3. 3National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€9.0m▲ 9.0%
2024 · €8.3m
EBIT margin
4.0%=
2024 · 4.0%
Net result
€274,052▲ 3.6%
2024 · €264,594
Working capital
-€125,136▲ 92.0%
2024 · -€1.6m
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€7.5m▼ 1.3%€7.5m▼ 0.5%€7.7m▲ 2.1%€8.3m▲ 8.3%€9.0m▲ 9.0%
Operating result€446,107▲ 402%€401,915▼ 9.9%€247,786▼ 38.3%€333,516▲ 34.6%€363,428▲ 9.0%
Net result€297,920▲ 65.8%€478,208▲ 60.5%€193,919▼ 59.4%€264,594▲ 36.4%€274,052▲ 3.6%
EBIT margin5.9%▲ 4.8pp5.4%▼ 0.6pp3.2%▼ 2.1pp4.0%▲ 0.8pp4.0%=
Equity€9.6m▲ 3.2%€10.1m▲ 5.0%€10.3m▲ 1.9%€10.5m▲ 2.6%€10.8m▲ 2.6%
Total assets€19.3m▼ 1.0%€19.2m▼ 0.4%€20.0m▲ 4.1%€20.2m▲ 1.1%€22.0m▲ 8.6%
Debt€9.5m▼ 4.9%€8.9m▼ 6.6%€9.5m▲ 7.1%€9.4m▼ 0.4%€10.9m▲ 15.6%
Working capital-€1.4m▼ 6.9%-€1.5m▼ 7.4%-€1.7m▼ 9.0%-€1.6m▲ 7.3%-€125,136▲ 92.0%
Staff (FTE)41.6▼ 4.4%40.5▼ 2.6%40.4▼ 0.2%40.5▲ 0.2%36.9▼ 8.9%
Result per fiscal year
Operating resultNet result
€0€200,000€400,000Operating result 2021: €446,107€446,107Net result 2021: €297,920€297,920Operating result 2022: €401,915€401,915Net result 2022: €478,208€478,208Operating result 2023: €247,786€247,786Net result 2023: €193,919€193,919Operating result 2024: €333,516€333,516Net result 2024: €264,594€264,594Operating result 2025: €363,428€363,428Net result 2025: €274,052€274,05220212022202320242025€0€100,000€200,000€300,000€400,000Operating result 2023: €247,786€248,000Net result 2023: €193,919€194,000Operating result 2024: €333,516€334,000Net result 2024: €264,594€265,000Operating result 2025: €363,428€363,000Net result 2025: €274,052€274,000202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 9% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €22.0m
Fixed assets €16.7m ▲ 3.0%
Current assets €5.3m ▲ 30.9%
Equity and liabilities €22.0m
Equity €10.8m ▲ 2.6%
Provisions €233,106 ▼ 6.4%
Debt €10.9m ▲ 15.6%
Debt's share of the balance-sheet total rises from 46.7% to 49.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€637,519▲
2024 · €629,217
Cash flow
€548,143▼
2024 · €560,295
Current ratio
0.98▲
2024 · 0.72
Quick ratio
0.85▲
2024 · 0.60
Debt to equity
1.01▲
2024 · 0.90
ROE
2.5%▲
2024 · 2.5%
ROA
1.2%▼
2024 · 1.3%
Interest coverage
2.64▼
2024 · 3.71
Debt ≤ 1 year
€5.4m▼
2024 · €5.6m
Debt > 1 year
€5.5m▲
2024 · €3.7m
Income taxes
€74,179▲
2024 · €70,329
Staff costs
€2.7m▼
2024 · €2.8m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 93 lines
Balance sheet Code20242025
Assets
Total assets20/58€20.2m€22.0m▲
Fixed assets21/28€16.2m€16.7m▲
Intangible fixed assets21€5,335€2,435▼
Tangible fixed assets22/27€4.9m€5.4m▲
Land and buildings22€4.5m€4.5m▲
Plant, machinery and equipment23€113,941€92,646▼
Furniture and vehicles24€4,034€4,511▲
Other tangible fixed assets26€194,905€161,325▼
Assets under construction and advance payments27€84,000€607,132▲
Financial fixed assets28€11.4m€11.4m=
Affiliated companies280/1€11.3m€11.3m=
Participating interests280€11.3m€11.3m=
Other financial fixed assets284/8€43,884€43,871=
Shares284€1,239€1,239=
Amounts receivable and cash guarantees285/8€42,644€42,632=
Current assets29/58€4.0m€5.3m▲
Amounts receivable after more than one year29€850,000€850,000=
Other amounts receivable291€850,000€850,000=
Stocks and contracts in progress3€652,174€666,363▲
Stocks30/36€652,174€666,363▲
Goods purchased for resale34€652,174€666,363▲
Amounts receivable within one year40/41€2.4m€3.4m▲
Trade receivables40€552,682€473,365▼
Other amounts receivable41€1.8m€2.9m▲
Current investments50/53€968€968=
Other investments51/53€968€968=
Cash at bank and in hand54/58€115,039€290,300▲
Deferred charges and accrued income490/1€23,987€36,052▲
Equity and liabilities
Total equity and liabilities10/49€20.2m€22.0m▲
Equity10/15€10.5m€10.8m▲
Contributions10/11€4.9m€4.9m=
Reserves13€5.3m€5.5m▲
Non-distributable reserves130/1€195,137€195,137=
Reserves not available under the articles1311€195,137€195,137=
Tax-exempt reserves132€647,449€612,863▼
Distributable reserves133€4.5m€4.7m▲
Profit (loss) carried forward14€349,021€437,759▲
Provisions and deferred taxes16€249,135€233,106▼
Provisions for liabilities and charges160/5€31,963€27,463▼
Major repairs and maintenance162€31,963€27,463▼
Deferred taxes168€217,172€205,643▼
Amounts payable17/49€9.4m€10.9m▲
Amounts payable after more than one year17€3.7m€5.5m▲
Financial debts170/4€3.7m€5.5m▲
Credit institutions173€3.7m€5.5m▲
Amounts payable within one year42/48€5.6m€5.4m▼
Current portion of amounts payable after more than one year42€733,813€817,093▲
Financial debts43€1.8m€1.6m▼
Credit institutions430/8€1.8m€1.6m▼
Trade debts44€759,192€824,625▲
Suppliers440/4€759,192€824,625▲
Taxes, remuneration and social security45€480,865€546,058▲
Taxes450/3€102,560€131,860▲
Remuneration and social security454/9€378,305€414,197▲
Other amounts payable47/48€1.8m€1.6m▼
Accrued charges and deferred income492/3€133,523€35,619▼
Income statement Code20242025
Operating income70/76A€9.9m€10.6m▲
Turnover70€8.3m€9.0m▲
Other operating income74€1.6m€1.5m▼
Operating charges60/66A€9.6m€10.2m▲
Goods for resale, raw materials and consumables60€5.7m€6.3m▲
Purchases600/8€5.8m€6.3m▲
Change in stocks: decrease (increase)609-€50,952-€14,190▲
Services and other goods61€708,948€866,125▲
Remuneration, social security and pensions62€2.8m€2.7m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€295,701€274,091▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2,164-€7,466▼
Provisions for liabilities and charges: additions (uses and reversals)635/8--€4,500
Other operating charges640/8€12,938€53,812▲
Operating profit (loss)9901€333,516€363,428▲
Financial income75/76B€292,444€350,658▲
Recurring financial income75€262,023€350,658▲
Income from financial fixed assets750€234,959€264,738▲
Income from current assets751€18,054€79,372▲
Other financial income752/9€9,010€6,548▼
Non-recurring financial income76B€30,421-
Financial charges65/66B€302,900€377,383▲
Recurring financial charges65€202,900€277,383▲
Debt charges650€169,605€241,296▲
Other financial charges652/9€33,296€36,087▲
Non-recurring financial charges66B€100,000€100,000=
Profit (loss) for the period before taxes9903€323,060€336,703▲
Transfer from deferred taxes780€11,864€11,529▼
Income taxes67/77€70,329€74,179▲
Taxes670/3€70,329€74,179▲
Profit (loss) for the period9904€264,594€274,052▲
Transfer from tax-exempt reserves789€35,934€34,586▼
Profit (loss) for the period to be appropriated9905€300,528€308,638▲
Appropriation of the result
Profit (loss) to be appropriated9906€568,921€657,659▲
Profit (loss) brought forward from the previous period14P€268,393€349,021▲
Transfer to equity691/2€219,900€219,900=
To other reserves6921€219,900€219,900=
Social balance
Average headcount (FTE)908740.536.9▼

The notes to these accounts (97 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€9.5m€9.4m€9.3m€9.9m€10.6m▲ 6.3%
Turnover70€7.5m€7.5m€7.7m€8.3m€9.0m▲ 9.0%
Other operating income74€2.0m€1.9m€1.7m€1.6m€1.5m▼ 6.9%
Non-recurring operating income76A-€83----
Operating charges60/66A€9.1m€9.0m€9.1m€9.6m€10.2m▲ 6.2%
Goods for resale, raw materials and consumables60€5.3m€5.2m€5.3m€5.7m€6.3m▲ 9.9%
Purchases600/8€5.2m€5.2m€5.4m€5.8m€6.3m▲ 9.2%
Change in stocks: decrease (increase)609€93,606-€2,853-€103,970-€50,952-€14,190▲ 72.2%
Services and other goods61€688,644€683,350€688,554€708,948€866,125▲ 22.2%
Remuneration, social security and pensions62€2.8m€2.8m€2.7m€2.8m€2.7m▼ 4.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€293,162€304,866€302,754€295,701€274,091▼ 7.3%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€5,782-€4,867-€4,019-€2,164-€7,466▼ 245%
Provisions for liabilities and charges: additions (uses and reversals)635/8---€20,952--€4,500-
Other operating charges640/8€26,056€22,618€23,033€12,938€53,812▲ 316%
Operating profit (loss)9901€446,107€401,915€247,786€333,516€363,428▲ 9.0%
Financial income75/76B€296,716€299,279€274,093€292,444€350,658▲ 19.9%
Recurring financial income75€296,716€299,279€266,585€262,023€350,658▲ 33.8%
Income from financial fixed assets750€276,525€237,887€235,181€234,959€264,738▲ 12.7%
Income from current assets751€3,661€47,330€14,887€18,054€79,372▲ 340%
Other financial income752/9€16,530€14,062€16,517€9,010€6,548▼ 27.3%
Non-recurring financial income76B--€7,508€30,421--
Financial charges65/66B€430,078€120,303€314,646€302,900€377,383▲ 24.6%
Recurring financial charges65€408,723€120,303€159,760€202,900€277,383▲ 36.7%
Debt charges650€105,728€94,217€128,050€169,605€241,296▲ 42.3%
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€272,849-----
Other financial charges652/9€30,146€26,086€31,710€33,296€36,087▲ 8.4%
Non-recurring financial charges66B€21,355-€154,886€100,000€100,000=
Profit (loss) for the period before taxes9903€312,745€580,891€207,232€323,060€336,703▲ 4.2%
Transfer from deferred taxes780€10,616€13,738€12,724€11,864€11,529▼ 2.8%
Transfer to deferred taxes680-€82,238€0---
Income taxes67/77€25,442€34,183€26,038€70,329€74,179▲ 5.5%
Taxes670/3€25,442€34,183€31,092€70,329€74,179▲ 5.5%
Tax adjustments and reversals of tax provisions77--€5,055---
Profit (loss) for the period9904€297,920€478,208€193,919€264,594€274,052▲ 3.6%
Transfer from tax-exempt reserves789€31,848€41,213€38,173€35,934€34,586▼ 3.8%
Transfer to tax-exempt reserves689-€246,714€0---
Profit (loss) for the period to be appropriated9905€329,768€272,707€232,091€300,528€308,638▲ 2.7%
Line20212022202320242025Change
Assets
Total assets20/58€19.3m€19.2m€20.0m€20.2m€22.0m▲ 8.6%
Fixed assets21/28€16.1m€16.2m€16.2m€16.2m€16.7m▲ 3.0%
Intangible fixed assets21€14,135€11,135€8,235€5,335€2,435▼ 54.4%
Tangible fixed assets22/27€4.6m€4.7m€5.0m€4.9m€5.4m▲ 10.2%
Land and buildings22€4.1m€4.3m€4.7m€4.5m€4.5m▲ 0.6%
Plant, machinery and equipment23€180,993€143,177€131,760€113,941€92,646▼ 18.7%
Furniture and vehicles24€12,868€7,278€5,645€4,034€4,511▲ 11.8%
Leasing and similar rights25€10,888€6,766€2,643---
Other tangible fixed assets26€296,465€251,069€210,230€194,905€161,325▼ 17.2%
Assets under construction and advance payments27-€6,330€0€84,000€607,132▲ 623%
Financial fixed assets28€11.4m€11.4m€11.1m€11.4m€11.4m=
Affiliated companies280/1€11.4m€11.4m€11.1m€11.3m€11.3m=
Participating interests280€11.4m€11.4m€11.1m€11.3m€11.3m=
Other financial fixed assets284/8€51,772€42,175€43,443€43,884€43,871=
Shares284--€1,239€1,239€1,239=
Amounts receivable and cash guarantees285/8€51,772€42,175€42,204€42,644€42,632=
Current assets29/58€3.2m€3.1m€3.9m€4.0m€5.3m▲ 30.9%
Amounts receivable after more than one year29€950,000€850,000€850,000€850,000€850,000=
Other amounts receivable291€950,000€850,000€850,000€850,000€850,000=
Stocks and contracts in progress3€494,399€497,252€601,222€652,174€666,363▲ 2.2%
Stocks30/36€494,399€497,252€601,222€652,174€666,363▲ 2.2%
Goods purchased for resale34€494,399€497,252€601,222€652,174€666,363▲ 2.2%
Amounts receivable within one year40/41€1.5m€1.4m€2.0m€2.4m€3.4m▲ 43.7%
Trade receivables40€337,499€371,208€374,634€552,682€473,365▼ 14.4%
Other amounts receivable41€1.2m€990,441€1.7m€1.8m€2.9m▲ 61.3%
Current investments50/53€968€968€968€968€968=
Other investments51/53€968€968€968€968€968=
Cash at bank and in hand54/58€228,457€303,835€327,948€115,039€290,300▲ 152%
Deferred charges and accrued income490/1€66,927€61,882€53,365€23,987€36,052▲ 50.3%
Equity and liabilities
Total equity and liabilities10/49€19.3m€19.2m€20.0m€20.2m€22.0m▲ 8.6%
Equity10/15€9.6m€10.1m€10.3m€10.5m€10.8m▲ 2.6%
Contributions10/11€4.9m€4.9m€4.9m€4.9m€4.9m=
Reserves13€4.5m€5.0m€5.1m€5.3m€5.5m▲ 3.5%
Non-distributable reserves130/1€182,885€233,568€195,137€195,137€195,137=
Reserves not available under the articles1311€173,685€182,885€195,137€195,137€195,137=
Own shares acquired1312€9,200€50,683----
Tax-exempt reserves132€516,054€721,555€683,382€647,449€612,863▼ 5.3%
Distributable reserves133€3.8m€4.0m€4.3m€4.5m€4.7m▲ 4.9%
Profit (loss) carried forward14€201,115€255,061€268,393€349,021€437,759▲ 25.4%
Provisions and deferred taxes16€226,174€294,675€260,999€249,135€233,106▼ 6.4%
Provisions for liabilities and charges160/5€52,915€52,915€31,963€31,963€27,463▼ 14.1%
Major repairs and maintenance162€52,915€52,915€31,963€31,963€27,463▼ 14.1%
Deferred taxes168€173,259€241,759€229,035€217,172€205,643▼ 5.3%
Amounts payable17/49€9.5m€8.9m€9.5m€9.4m€10.9m▲ 15.6%
Amounts payable after more than one year17€4.8m€4.2m€3.9m€3.7m€5.5m▲ 47.6%
Financial debts170/4€4.8m€4.2m€3.9m€3.7m€5.5m▲ 47.6%
Leasing and similar obligations172€5,306€1,987€0---
Credit institutions173€4.8m€4.2m€3.9m€3.7m€5.5m▲ 47.6%
Amounts payable within one year42/48€4.7m€4.6m€5.5m€5.6m€5.4m▼ 3.5%
Current portion of amounts payable after more than one year42€1.1m€861,503€771,715€733,813€817,093▲ 11.3%
Financial debts43€821,320€524,250€1.4m€1.8m€1.6m▼ 12.3%
Credit institutions430/8€821,320€524,250€1.4m€1.8m€1.6m▼ 12.3%
Trade debts44€951,749€1.2m€1.0m€759,192€824,625▲ 8.6%
Suppliers440/4€951,749€1.2m€1.0m€759,192€824,625▲ 8.6%
Taxes, remuneration and social security45€473,426€493,945€484,499€480,865€546,058▲ 13.6%
Taxes450/3€101,079€121,993€124,344€102,560€131,860▲ 28.6%
Remuneration and social security454/9€372,347€371,953€360,156€378,305€414,197▲ 9.5%
Other amounts payable47/48€1.3m€1.5m€1.9m€1.8m€1.6m▼ 10.5%
Accrued charges and deferred income492/3€11,632€19,077€28,104€133,523€35,619▼ 73.3%
Line20212022202320242025Change
Profit (loss) for the period9904€297,920€478,208€193,919€264,594€274,052▲ 3.6%
+ Depreciation and write-downs630€293,162€304,866€302,754€295,701€274,091▼ 7.3%
Operating cash flow (approximation)€591,082€783,074€496,673€560,295€548,143▼ 2.2%
Investment in fixed assets (approximation)--€396,449-€311,671-€350,346-€768,781▼ 119%
Change in cash-€75,378€24,112-€212,909€175,261▲ 182%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
14-08
State Gazette act Reappointments: Apr.Valvekens Lea (director) and C. Rombout Moore Audit (company auditor)
Appointment: Apr Gyselen Eric (director) · Resignation: Ignace Dutordoir (director)14 facts ▸
  • General meeting, 11-05-2026
  • Director reappointment, Apr.Valvekens Lea (director)
  • Director appointment, Apr Gyselen Eric (director)
  • Auditor reappointment, C. Rombout Moore Audit (company auditor)
  • Board meeting, 11-05-2026
  • Director resignation, Ignace Dutordoir (director)
  • Board composition, Apr. Borms Maria (director)
  • Board composition, Apr Gyselen Eric (director)
  • Board composition, Apr. Mannaerts Jan (director)
  • Board composition, Apr. Masure Erik (director)
  • Board composition, Apr. Pirlot Antoine (director)
  • Board composition, Apr.Valvekens Lea (director)
  • +2 further facts in this act
22-05
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
16-05
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
29-05
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-05
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Highest result since 2018net €478,208 ▲60.5%
Net result €478,208, the highest in the series.
31-12
Financial Equity above €10mEq €10.1m ▲5%
5 profitable years in a row build equity to €10.1m.
02-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
11-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Weakest financial yearnet €179,677 ▼12.3%
Net result drops to €179,677, the lowest in the series; recovery starts the following year.
30-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
11-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
30-05
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
06-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 28 acts read
About the unread acts

Of the 28 Belgian State Gazette acts we know for this company, 1 has been read. The other 27 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 directors, last change in 2026

Board 2

Apr Gyselen Eric
Director · since 11-05-2026
Current
Apr.Valvekens Lea
Director · since 11-05-2026
Current

Statutory auditor 1

C. Rombout Moore Audit
Company auditor · since 11-05-2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
27 of this company's 28 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Antwerpen · 7 establishment units since 1968
seat establishment approximate All 7 establishment units on the map
Ground area
7,193 m²
Building footprint
1,336 m²
Volume, LiDAR
17,798 m³
7 parcels, Brussels, Flanders · tallest building 36.9 m, ±7 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
7 establishment units
Elisabethlaan 156, 2600 Antwerpen
Warehousing and support activities for transportation
since 19682.002.032.884
APOTHEEK 3 TOREKENS
De Berlaimontstraat 51, 2100 AntwerpenWarehousing and support activities for transportation
since 19682.142.797.603
POLDERAPOTHEEK
Dorpsstraat 44, 2940 StabroekWarehousing and support activities for transportation
since 19682.142.797.801
APOTHEEK DE GRENS
Nieuwstraat 31, 2910 EssenWarehousing and support activities for transportation
since 19682.142.798.393
Central Pharmacy
Leopold III laan /, 1140 EvereWarehousing and support activities for transportation
since 19682.142.798.591
DEUZELD APOTHEEK
André Ullenslei 2, 2900 SchotenWarehousing and support activities for transportation
since 19682.142.798.690
Show 1 more locations
APOTHEEK HERMAN
Vredestraat 4, 2950 KapellenWarehousing and support activities for transportation
since 19682.142.798.789
7 parcels
Flanders 6 (85.7%) Brussels 1 (14.3%)
Parcel (capakey) Region Area Buildings Height / fl.
21372B0284/00S003 Brussels 4,538 m² 1 · 516 m² 36.9 m · 7 fl.
11016A0084/03S000 Flanders 1,603 m² 1 · 313 m² 12.9 m · 1 fl.
11443C0606/00M009 Flanders 381 m² 1 · 148 m² 14.3 m · 4 fl.
11303C0218/00B000 Flanders 212 m² 1 · 123 m² 13.3 m · 3 fl.
11342A0092/00R028 Flanders 187 m² 1 · 96 m² 10.8 m · 3 fl.
11044C0164/00W000 Flanders 181 m² 1 · 140 m² 9.5 m · 2 fl.
11902G0006/00T002 Flanders 90 m² - -
Linked by address, not proof of ownership
Good to know
7 of 7 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

4 people since 2026, 3 in office
Show
  • Board
  • Statutory auditor
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Apr Gyselen Eric
  • Director, from 11-05-2026 to date
Apr.Valvekens Lea
  • Director, already before 11-05-2026 to date
C. Rombout Moore Audit
  • Company auditor, from 11-05-2026 to date
Ignace Dutordoir
  • Director, until 11-05-2026
See the board, name and seat on a given date →

Structure & network

Heads the group AFS 17 companies Group, risk and exposure

Owners and holdings

14 owners · 17 holdings · 17 subsidiaries in the tree

Owners 14

Show 4 more owners

Holdings 17

Show 7 more holdings
All subsidiaries, including indirect ones 17

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

According to the 2025 annual accounts of AFS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 5,159 EUR awarded · 4,953 EUR paid
Year Entries awardedpaid
2025 1 2,861 EUR4,167 EUR
2024 1 1,973 EUR461 EUR
2023 1 234 EUR234 EUR
2022 1 91 EUR91 EUR
Schemes
4 entries · 5,159 EUR · 4,953 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

4 sites
Essen2.142.798.393
1 permission
Apotheek (LM>3 maand) · since 01-01-2006
Evere2.142.798.591
1 permission
Apotheek (LM>3 maand) · since 17-12-2014
Kapellen (Antw.)2.142.798.789
1 permission
Apotheek (LM>3 maand) · since 01-01-2006
Stabroek2.142.797.801
1 permission
Apotheek (LM>3 maand) · since 01-01-2006

Similar companies · same sector, comparable size

VOORUIT NR. 1
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Gent · Eq €10.8m
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BE 0859.585.888
Gent · Eq €11.2m
PHARMACIE LEJEUNE
BE 0432.865.270
Faimes · Eq €11.4m
MEDI-MARKET Parapharmacies
BE 0545.833.054
Evere · Eq €11.5m
TILMAN
BE 0458.493.759
Somme-Leuze · Eq €12.8m
Of 5,220 companies in sector 47730 we hold annual accounts for 3,860. 316 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formCooperative company
Founded13-05-1968
Fiscal year end31-12
Activities, NACEBEL 2025
47730Retail sale of pharmaceutical products
E-invoicing
Reachable via Peppol
Peppol ID 0208:0406383082
Also 9925:BE0406383082

Register as of 27 September 2026 · Peppol Directory

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