Financials
- Financial year
- 2021
- Total assets
- €104,538
- Loss
- -€27,512
- Solvency
- 6.4%
Turnover▼ 17.6%
Net result
20182020
AFSIN
ActiveThe file of AFSIN contains 2 historical bankruptcy publications, as published in the Belgian Official Gazette.
Summary
For AFSIN, at least two filing cycles of the annual accounts are missing. The computed 12-month bankruptcy probability is 16.6% (high). The 2021 annual accounts show equity of €6,654 and a net result of -€27,512. Equity is shrinking by about 2.8% per year across the filed financial years. Its solvency ranks better than 17% of 6,554 sector peers (NACE 47, financial year 2021).
Overview
Activity
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110
2 sites
Size
€104,538total assets 2021
- Equity
- €6,654
- Loss
- -€27,512
Financial health
- Bankruptcy probabilitywithin 12 months
- 16.6%
2021 figures too old to score
Structure
Accounts 1174 days overdue0 of 2 deeds read
Signalsraises risk3 financial years not filed after the legal deadline; latest accounts 228 days late; 3 of the last 3 lateFigures for financial year 2021 (filed 18-03-2023)Size: total assets €104,5382 establishment unitsTwo or more financial years not filedFiled more than 90 days lateneutralPrior bankruptcyShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2021 · tick = 2020
Weak
Solvency
31-27
equity 6.4% of total assets
Liquidity
3-18
short-term debt 88.2% · cash 1.2%
Profitability
0-53
return on assets -26.3%
Bankruptcy probability, 12 months
16.6%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 17.6%
12-2024: 17.6%● unchanged vs 11-2024
01-2025: 17.6%● unchanged vs 12-2024
02-2025: 17.6%● unchanged vs 01-2025
03-2025: 17.6%● unchanged vs 02-2025
04-2025: 18.4%▲ +0.8 percentage points vs 03-2025highest value
05-2025: 18.4%● unchanged vs 04-2025highest value
06-2025: 18.2%▼ -0.2 percentage points vs 05-2025
07-2025: 18.2%● unchanged vs 06-2025
08-2025: 17.4%▼ -0.8 percentage points vs 07-2025
09-2025: 17.4%● unchanged vs 08-2025
10-2025: 17.4%● unchanged vs 09-2025
11-2025: 17.4%● unchanged vs 10-2025
12-2025: 16.9%▼ -0.5 percentage points vs 11-2025
01-2026: 16.9%● unchanged vs 12-2025
02-2026: 16.7%▼ -0.2 percentage points vs 01-2026
03-2026: 16.7%● unchanged vs 02-2026
04-2026: 16.7%● unchanged vs 03-2026
05-2026: 16.7%● unchanged vs 04-2026
06-2026: 16.7%● unchanged vs 05-2026
07-2026: 16.7%● unchanged vs 06-2026
08-2026: 16.7%● unchanged vs 07-2026
09-2026: 16.7%● unchanged vs 08-2026
10-2026: 16.6%▼ -0.1 percentage points vs 09-2026lowest value
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Signals
Seven signals.
raises riskneutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 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 · 6 filingsPosition against the passed deadline
31-12-2022 year end31-07-2023 deadline17-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 16-03-2023, 228 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 6 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
228 days late
2020
346 days late
2019
87 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 220 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
- Bankruptcy reversalFrench-language Enterprise Court of Brussels…
- OpeningFrench-language Enterprise Court of Brussels…
- Annual accounts filedfinancial year 2021 · full…
Key points
By topic
Timeline
- Events
- 10
- Since
- 2018
- 12-07-2022Annual accounts filed
- 31-12-2021Weakest financial year
- 31-12-2020Highest result from 2018 to 2021
Company details
- Sites
- 2
- Legal form
- Private limited company (pre-2019)
- Activity
- Non-specialised retail sale with food, beverages or tobacco…NACE 47110
- Founded
- 08-05-2015
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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