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AFSI CONSULT

Active
Private limited company (pre-2019)founded 200619 yrs activeChemin du Bois de Gazia(SS) 56, 5002 Namur, BelgiumKBO/BCE: BE 0884.428.875
Summary

AFSI CONSULT has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €11,441 and a net result of -€297. Equity remains stable across the filed fiscal years (±2.4% per year). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability34▼-1
Solvency80▲+10
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.22 against 1.82 in 2023; short-term debt: 45.1% and cash: 100% of total assets), and 45.1% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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 2024
Solvency, return and age of the figures
Solvency
54.9%
Return on assets
-1.4%
Age of the figures
21 mo
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 19 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
39 d early
2024
49 d early
2023
43 d early
2022
39 d early
2021
60 d early
2020
45 d late
2019
60 d late
← 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 18 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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. Usually files around 19 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 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 12 October 2006, AFSI CONSULT was incorporated.1 Total assets went from EUR 32,322 in 2018 to EUR 20,823 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, full schema, 2025 accounts filed, figures not processed yet

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€297▼ 2.1%
2023 · -€291
Working capital
€11,441▼ 2.5%
2023 · €11,738
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€319▲ 42.5%-€329▼ 3.1%-€213▲ 35.3%-€221▼ 3.8%-€237▼ 7.2%
Net result-€32within the sector's middle half▲ 94.4%-€409below the sector's middle half▼ 1,178%-€283below the sector's middle half▲ 30.8%-€291below the sector's middle half▼ 2.8%-€297below the sector's middle half▼ 2.1%
Equity€12,721below the sector's middle half▼ 0.2%€12,312below the sector's middle half▼ 3.2%€12,029below the sector's middle half▼ 2.3%€11,738below the sector's middle half▼ 2.4%€11,441below the sector's middle half▼ 2.5%
Total assets€31,757below the sector's middle half=€31,556below the sector's middle half▼ 0.6%€31,365below the sector's middle half▼ 0.6%€26,089below the sector's middle half▼ 16.8%€20,823below the sector's middle half▼ 20.2%
Debt€19,036▲ 0.1%€19,244▲ 1.1%€19,336▲ 0.5%€14,351▼ 25.8%€9,382▼ 34.6%
Working capital€12,721within the sector's middle half▼ 0.2%€12,312within the sector's middle half▼ 3.2%€12,029within the sector's middle half▼ 2.3%€11,738within the sector's middle half▼ 2.4%€11,441within the sector's middle half▼ 2.5%
Solvency40.1%within the sector's middle half▼ 0.1pp39.0%within the sector's middle half▼ 1.0pp38.4%within the sector's middle half▼ 0.7pp45.0%within the sector's middle half▲ 6.6pp54.9%within the sector's middle half▲ 10.0pp
Current ratio1.67within the sector's middle half=1.64within the sector's middle half▼ 0.031.62within the sector's middle half▼ 0.021.82within the sector's middle half▲ 0.202.22within the sector's middle half▲ 0.40
Return on assets (ROA)-0.1%below the sector's middle half▲ 1.7pp-1.3%below the sector's middle half▼ 1.2pp-0.9%below the sector's middle half▲ 0.4pp-1.1%below the sector's middle half▼ 0.2pp-1.4%below the sector's middle half▼ 0.3pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€600-€400-€200€0Operating result 2020: -€319-€319Net result 2020: -€32-€32Operating result 2021: -€329-€329Net result 2021: -€409-€409Operating result 2022: -€213-€213Net result 2022: -€283-€283Operating result 2023: -€221-€221Net result 2023: -€291-€291Operating result 2024: -€237-€237Net result 2024: -€297-€29720202021202220232024-€300-€200-€100€0Operating result 2022: -€213-€213Net result 2022: -€283-€283Operating result 2023: -€221-€221Net result 2023: -€291-€291Operating result 2024: -€237-€237Net result 2024: -€297-€297202220232024
The operating result stays negative: a loss of €237 in 2024 against €221 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €20,823
Equity €11,441 ▼ 2.5%
Debt €9,382 ▼ 34.6%
Debt's share of the balance-sheet total falls from 55.0% to 45.1%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
Debt to equity
0.82▼
2023 · 1.22
ROE
-2.6%▼
2023 · -2.5%
Debt ≤ 1 year
€9,382▼
2023 · €14,351
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,910 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
1.1% went bankrupt
7.9% stopped otherwise
91% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,910 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 25 lines
Balance sheet Code20232024
Assets
Total assets20/58€26,089€20,823▼
Current assets29/58€26,089€20,823▼
Cash at bank and in hand54/58€26,089€20,823▼
Equity and liabilities
Total equity and liabilities10/49€26,089€20,823▼
Equity10/15€11,738€11,441▼
Contributions10/11€18,600€18,600=
Capital10€18,600€18,600=
Issued capital100€18,600€18,600=
Reserves13€19,860€19,860=
Non-distributable reserves130/1€1,860€1,860=
Legal reserve130€1,860€1,860=
Distributable reserves133€18,000€18,000=
Profit (loss) carried forward14-€26,722-€27,019▼
Amounts payable17/49€14,351€9,382▼
Amounts payable within one year42/48€14,351€9,382▼
Other amounts payable47/48€14,351€9,382▼
Income statement Code20232024
Gross operating margin9900-€221-€237▼
Operating profit (loss)9901-€221-€237▼
Financial charges65/66B€70€60▼
Recurring financial charges65€70€60▼
Profit (loss) for the period before taxes9903-€291-€297▼
Profit (loss) for the period9904-€291-€297▼
Profit (loss) for the period to be appropriated9905-€291-€297▼
Appropriation of the result
Profit (loss) to be appropriated9906-€26,722-€27,019▼
Profit (loss) brought forward from the previous period14P-€26,431-€26,722▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Gross operating margin9900-€319-€329-€213-€221-€237▼ 7.2%
Operating profit (loss)9901-€319-€329-€213-€221-€237▼ 7.2%
Recurring financial income75€362-----
Financial charges65/66B-€80€70€70€60▼ 14.3%
Recurring financial charges65€70€80€70€70€60▼ 14.3%
Profit (loss) for the period before taxes9903-€27-€409-€283-€291-€297▼ 2.1%
Income taxes67/77€5-----
Profit (loss) for the period9904-€32-€409-€283-€291-€297▼ 2.1%
Profit (loss) for the period to be appropriated9905-€32-€409-€283-€291-€297▼ 2.1%
Line20202021202220232024Change
Assets
Total assets20/58€31,757€31,556€31,365€26,089€20,823▼ 20.2%
Current assets29/58€31,757€31,556€31,365€26,089€20,823▼ 20.2%
Cash at bank and in hand54/58€31,757€31,556€31,365€26,089€20,823▼ 20.2%
Equity and liabilities
Total equity and liabilities10/49€31,757€31,556€31,365€26,089€20,823▼ 20.2%
Equity10/15€12,721€12,312€12,029€11,738€11,441▼ 2.5%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Capital10-€18,600€18,600€18,600€18,600=
Issued capital100-€18,600€18,600€18,600€18,600=
Reserves13€19,860€19,860€19,860€19,860€19,860=
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Legal reserve130-€1,860€1,860€1,860€1,860=
Distributable reserves133-€18,000€18,000€18,000€18,000=
Profit (loss) carried forward14-€25,739-€26,148-€26,431-€26,722-€27,019▼ 1.1%
Amounts payable17/49€19,036€19,244€19,336€14,351€9,382▼ 34.6%
Amounts payable within one year42/48€19,036€19,244€19,336€14,351€9,382▼ 34.6%
Other amounts payable47/48-€19,244€19,336€14,351€9,382▼ 34.6%
Line20202021202220232024Change
Profit (loss) for the period9904-€32-€409-€283-€291-€297▼ 2.1%
Operating cash flow (approximation)-€32-€409-€283-€291-€297▼ 2.1%
Change in cash--€201-€191-€5,276-€5,266▲ 0.2%

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
22-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
12-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
18-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
22-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
01-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
14-09
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 45 days late
2020
29-09
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 60 days late
2019
29-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
25-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
22-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Namur · 1 establishment unit since 2006
seat establishment The establishment unit on the map
Ground area
197 m²
Building footprint
56 m²
Parcel 92108B0403/00N000, Wallonia. Linked by address, not a title deed.
1 establishment unit
AFSI Consult
Chemin du Bois de Gazia(SS) 56, 5002 NamurNACE 51840
since 20062.156.995.631
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92108B0403/00N000 Wallonia 197 m² 1 · 56 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,601 companies in this sector we hold annual accounts for 52,629. 24,476 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company (pre-2019)
Founded12-10-2006
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Contact
E-mail alain.flamion@skynet.beNamur
Phone 071/79.98.21Namur
E-invoicing
Not found in the Peppol register

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Register as of 30 September 2026 · Peppol Directory

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