Financials
- Fiscal year
- 2024
- Total assets
- €155,374
- Profit
- €10,233
- Solvency
- 9.8%
AFSTAR Group
ActiveSummary
The computed 12-month bankruptcy probability of AFSTAR Group is 9.2% (elevated). The 2024 annual accounts show equity of €15,233 and a net result of €10,233. Its solvency ranks better than 31% of 19372 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Buying and selling of own real estate
NACE 68110NACE 68100
Size
€155,374total assets 2024
- Equity
- €15,233
- Profit
- €10,233
Turnover not published (abridged schema)
Structure
Accounts filed 71 d late0 of 1 deed read
Why 32- Figures for FY 2024 (filed 10-10-2025)- 1 financial year not filed after the legal deadline; latest accounts 71 days late; 1 of the last 3 late- Liquidity: current ratio 0.54, cash €0- No establishment unit in the KBOShow the evidence
Checked score
Score 2024
32
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 35% of its sector peers (NACE 68, micro)
Performance against the sector, not lower risk
Financial strength
Weak
Solvency
35
equity 9.8% of total assets
Liquidity
0
short-term debt 90.2% · cash 0.0%
Profitability
77
return on assets 6.6%
Bankruptcy probability, 12 months
9.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 4 months
07-2026: 4.2%lowest value
08-2026: 5.3%▲ +27.2% vs 07-2026
09-2026: 6.4%▲ +19.9% vs 08-2026
10-2026: 9.2%▲ +44.6% vs 09-2026highest value
- Figures for FY 2024 (filed 10-10-2025) raises the probability
- 1 financial year not filed after the legal deadline; latest accounts 71 days late; 1 of the last 3 late raises the probability
- Liquidity: current ratio 0.54, cash €0 raises the probability
- No establishment unit in the KBO raises the probability
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.54; short-term debt: 90.2% and cash: 0% of total assets), and 90.2% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, micro). Better than this share of them on solvency 30%, liquidity 1%, profitability 73%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
Founded in 2023, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2024
71 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 71 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 1
- Since
- 2025
- 10-10-2025Annual accounts filed
Company details
- Legal form
- Private limited company
- Activity
- Buying and selling of own real estateNACE 68110
- Founded
- 05-12-2023
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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