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AFS Interculturele Programma's

Active
Non-profit associationfounded 1978active for 47 yearsHendrik Consciencestraat 52, 2800 Mechelen, BelgiumKBO/BCE: BE 0418.930.429
Summary

AFS Interculturele Programma's has been active since 1978 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €834,252 and a net result of -€130,940. Equity is growing by about 6.2% per year across the filed financial years. Its solvency ranks better than 34% of 317 sector peers (NACE 94, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Youth work associations
NACE 94991
9th oldest company in Mechelen, Other services sector1 site
Size
€1.8mtotal assets 2025
Staff
10.7 FTE
Equity
€834,252
Deficit
-€130,940
Turnover not published (abbreviated format)
Financial health
92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Board
10 members
Accounts 120 days early
Why 92raises riskLoss of €130,940, the second in a row (financial year 2025)lowers riskLegal form: non-profit associationSector: Activities of membership organisations (NACE 94)Liquidity: current ratio 3.41, cash €751,558Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 33% of its sector peers (NACE 94, small)
Financial strength · tick = 2024
Average
Solvency 70-4
equity 45.3% of total assets
Liquidity 92+13
short-term debt 23.1% · cash 40.8%
Profitability 10-1
return on assets -7.1%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (510 companies, NACE 94, small)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026highest value 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €75,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.41, compared with 2.83 in 2024; short-term debt: 23.1% and cash: 40.8% of total assets), but 54.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 94, small): better than 37% on solvency, 76% on liquidity, 10% on profitability and 8% on growth.

The bankruptcy probability was computed on 11-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Sector: Activities of membership organisations (NACE 94)
KBO
lowers risk · Liquidity: current ratio 3.41, cash €751,558
NBB · annual accounts
raises risk · Loss of €130,940, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€130,940
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 02-04-2026, 120 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
120 days early
2024
76 days early
2023
49 days early
2022
19 days early
2021
79 days early
2020
103 days early
2019
44 days 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 70 days before the deadline; the sector median (NACE 94) for financial year 2024 is 29 days before the deadline, and 25% 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. The company usually files around 16 May (4 of the last 5 filed years within 44 days of that day).
Companies Code · seven months
Where today falls in the filing period
12-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointments: Griet Jenny Destatsbader, Leen Coene…Resignation: Peter Erauw (director) ·…
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Weakest financial yearnet -€130,940

Key points

  • Caution: Among the weakest 19% on net resultsector median €15,732 · 321 companies -€130,940 View
  • Board changedlatest change 12-06-2026 · 10 in office 4 joined · 1 left View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€130,940 View
  • Flemish supportawarded from 2022 to 2025 €2.1m View
  • Active since 1978founded 14-12-1978 47 years View

By topic

Financials

Financial year
2025
Total assets
€1.8m
Loss
-€130,940
Solvency
45.3%
Turnover▲ 40.6%
Net result
20182022
Go to Financials

Board & ownership

Board
10 members
  • Jacques de la ParraDirector
  • Lomme VanderhoydonckDirector
  • Meinse RijkemaDirector
  • Bram VerheyenDirector
  • Ludger NiemannDirector

and 5 other directors

Go to Board & ownership

Timeline

Events
40
Since
2005
Next accounts
by 31-07-2027
  1. 29-08-2025Appointments: Mariska Eerdekens (director) and Ludger Niemann…
  2. 16-05-2025Annual accounts filed
  3. 18-11-2024Appointment: Caroline Steyaert (day-to-day manager)
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Youth work associationsNACE 94991
Founded
14-12-1978
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
“De internationale en interculturele verstandhouding wereldwijd en in de eigen samenleving…” (deed in Dutch)
Go to Articles of association

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