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AFYS

Active
Private limited companyfounded 20251 yr activeAlfons De Cockplein 1, 1831 Machelen (Brab.), BelgiumKBO/BCE: BE 1018.811.190
Summary

The computed 12-month bankruptcy probability of AFYS is 1.6% (moderate). The 2025 annual accounts show equity of €5,456 and a net result of -€19,544. Its solvency ranks better than 27% of 18626 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability0
Solvency32
Growth-
Track record67
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.56; short-term debt: 93% and cash: 38.6% of total assets), and 93% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
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 →
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 2025
Solvency, return and age of the figures
Solvency
7%
Return on assets
-25.2%
Age of the figures
9 mo
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 05-07-2026, 26 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
26 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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 16 January 2025, AFYS was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€5,456
Total assets
€77,448
Net result
-€19,544
Working capital
-€31,405

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €77,448
Fixed assets €36,861
Current assets €40,587
Equity and liabilities €77,448
Equity €5,456
Debt €71,992
Debt finances 93.0% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
-€14,998
Cash flow
-€15,545
Current ratio
0.56
Debt to equity
13.20
ROE
-358.2%
ROA
-25.2%
Interest coverage
-27.44
Debt ≤ 1 year
€71,992
Staff costs
€34,062

Peer companies

Historical observation

Of the 167 companies that looked in July 2024 the way this one looks now, 4.2% went bankrupt within 24 months and 89% are still going.

  • Micro
  • under 2 years old
  • solvency under 10%
  • a loss of 10% of the balance sheet or more
4.2% went bankrupt
6.6% stopped otherwise
89% still going

For this company itself Checked computes a bankruptcy probability of 1.6% 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 497,338 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% 1.9%
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 167 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 · 2025 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€77,448
Fixed assets21/28€36,861
Tangible fixed assets22/27€36,761
Plant, machinery and equipment23€32,536
Furniture and vehicles24€4,226
Financial fixed assets28€100
Current assets29/58€40,587
Amounts receivable within one year40/41€10,707
Trade receivables40€576
Other amounts receivable41€10,130
Cash at bank and in hand54/58€29,880
Equity and liabilities
Total equity and liabilities10/49€77,448
Equity10/15€5,456
Contributions10/11€25,000
Profit (loss) carried forward14-€19,544
Amounts payable17/49€71,992
Amounts payable within one year42/48€71,992
Trade debts44€30,746
Suppliers440/4€30,746
Taxes, remuneration and social security45€8,994
Taxes450/3€2,239
Remuneration and social security454/9€6,755
Other amounts payable47/48€32,252
Income statement Code2025
Remuneration, social security and pensions62€34,062
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,999
Gross operating margin9900€19,063
Operating profit (loss)9901-€18,998
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€547
Recurring financial charges65€547
Profit (loss) for the period before taxes9903-€19,544
Profit (loss) for the period9904-€19,544
Profit (loss) for the period to be appropriated9905-€19,544
Appropriation of the result
Profit (loss) to be appropriated9906-€19,544

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€34,062
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,999
Gross operating margin9900€19,063
Operating profit (loss)9901-€18,998
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€547
Recurring financial charges65€547
Profit (loss) for the period before taxes9903-€19,544
Profit (loss) for the period9904-€19,544
Profit (loss) for the period to be appropriated9905-€19,544
Line2025
Assets
Total assets20/58€77,448
Fixed assets21/28€36,861
Tangible fixed assets22/27€36,761
Plant, machinery and equipment23€32,536
Furniture and vehicles24€4,226
Financial fixed assets28€100
Current assets29/58€40,587
Amounts receivable within one year40/41€10,707
Trade receivables40€576
Other amounts receivable41€10,130
Cash at bank and in hand54/58€29,880
Equity and liabilities
Total equity and liabilities10/49€77,448
Equity10/15€5,456
Contributions10/11€25,000
Profit (loss) carried forward14-€19,544
Amounts payable17/49€71,992
Amounts payable within one year42/48€71,992
Trade debts44€30,746
Suppliers440/4€30,746
Taxes, remuneration and social security45€8,994
Taxes450/3€2,239
Remuneration and social security454/9€6,755
Other amounts payable47/48€32,252
Line2025
Profit (loss) for the period9904-€19,544
+ Depreciation and write-downs630€3,999
Operating cash flow (approximation)-€15,545

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

2026
05-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Machelen (Brab.) · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
335 m²
Building footprint
107 m²
Parcel 23015C0150/00Y000, Flanders. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
AFYS
Alfons De Cockplein 1, 1831 Machelen (Brab.)Manufacture of cocoa, chocolate and sugar confectionery
since 20252.368.843.928
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23015C0150/00Y000 Flanders 335 m² 1 · 107 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Machelen (Vl.Br.)2.368.843.928
2 permissions
Toelating · Detailhandel · since 23-04-2025
Toelating · Eetgelegenheid · since 23-04-2025

Similar companies · same sector, comparable size

Of 899 companies in sector 47242 we hold annual accounts for 340. 152 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded16-01-2025
Fiscal year end31-12
Activities, NACEBEL 2025
47242Retail sale of chocolate and confectionery
E-invoicing
Reachable via Peppol
Peppol ID 0208:1018811190
Registered 14-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.