AMFORE
ActiveAMFORE has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €155k and a net result of €11k. Equity is growing by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 80% of 15868 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
76
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▲+3
Solvency100▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity short (current ratio 0.07 against 0.05 in 2023; short-term debt: 22.5% and cash: 0.5% of total assets), and 22.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-06-2025, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
39 d early
2023
38 d early
2022
37 d early
2021
33 d early
2020
40 d early
2019
53 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€155k▲ 7.7%
2023 · €144k
2018: €94k
2019: €102k
2020: €117k
2021: €125k
2022: €136k
2023: €144k
2018 → 2024
Total assets
€200k▼ 4.4%
2023 · €210k
2018: €229k
2019: €217k
2020: €216k
2021: €203k
2022: €214k
2023: €210k
2018 → 2024
Net result
€11k▲ 42.0%
2023 · €8k
2018: €6k
2019: €8k
2020: €18k
2021: €8k
2022: €11k
2023: €8k
2018 → 2024
Working capital
€-42k▲ 32.3%
2023 · €-62k
2018: €-28k
2019: €-30k
2020: €-28k
2021: €-33k
2022: €-54k
2023: €-62k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€117k-€125k▲ 7.2%€136k▲ 8.7%€144k▲ 5.8%€155k▲ 7.7%
Operating result€27k-€13k▼ 50.2%€16k▲ 17.9%€11k▼ 31.7%€15k▲ 44.7%
Net result€18k-€8k▼ 54.0%€11k▲ 31.0%€8k▼ 28.5%€11k▲ 42.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 45% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €200k
Fixed assets
€197k▼ 4.3%
Current assets
€3k▼ 11.3%
Equity and liabilities €200k
Equity
€155k▲ 7.7%
Debt
€45k▼ 31.3%
The debt ratio falls from 31.2% to 22.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€24k▲
2023 · €18k
Cash flow
€20k▲
2023 · €15k
Solvency
77.5%▲
2023 · 68.8%
Current ratio
0.07▲
2023 · 0.05
Quick ratio
0.07▲
2023 · 0.05
Debt / equity
0.29▼
2023 · 0.45
ROE
7.2%▲
2023 · 5.4%
ROA
5.6%▲
2023 · 3.7%
Interest coverage
86.05▲
2023 · 22.98
Debt
€45k▼
2023 · €65k
Debt ≤ 1 year
€45k▼
2023 · €65k
Income taxes
€4k▲
2023 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€210k€200k▼
Fixed assets21/28€206k€197k▼
Tangible fixed assets22/27€206k€197k▼
Land and buildings22€206k€197k▼
Current assets29/58€3k€3k▼
Amounts receivable within one year40/41€3k€2k▼
Trade receivables40€2k€972▼
Other amounts receivable41€562€1k▲
Cash at bank and in hand54/58€635€911▲
Equity and liabilities
Total equity and liabilities10/49€210k€200k▼
Equity10/15€144k€155k▲
Contributions10/11€6k€6k=
Reserves13€112k€147k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€110k€145k▲
Profit (loss) carried forward14€26k€2k▼
Amounts payable17/49€65k€45k▼
Amounts payable within one year42/48€65k€45k▼
Current portion of amounts payable after more than one year42€16k-
Trade debts44€134€33▼
Suppliers440/4€134€33▼
Taxes, remuneration and social security45€543€35▼
Taxes450/3€543€35▼
Other amounts payable47/48€49k€45k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€9k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€21k€27k▲
Operating profit (loss)9901€11k€15k▲
Financial charges65/66B€797€284▼
Recurring financial charges65€797€284▼
Profit (loss) for the period before taxes9903€10k€15k▲
Income taxes67/77€2k€4k▲
Profit (loss) for the period9904€8k€11k▲
Profit (loss) for the period to be appropriated9905€8k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€26k€37k▲
Profit (loss) brought forward from the previous period14P€18k€26k▲
Transfer to equity691/2-€35k
To other reserves6921-€35k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €155k ▲7.7%
7 profitable years in a row build equity to €155k.
23-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €18k ▲117%
Operating result €27k, net result €18k, both a record.
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €102k ▲8.9%
2 profitable years in a row build equity to €102k.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
09-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Bierbeek · 1 establishment unit since 2005
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Europaplein 13360 BierbeekGround area
822 m²
Building footprint
283 m²
Volume, LiDAR
1,474 m³
Parcel 24053B0035/00A007, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AMFORE
since 20052.372.936.239
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24053B0035/00A007 | Flanders | 822 m² | 1 · 283 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 294 EUR awarded · 294 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 294 EUR | 294 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteBierbeek2.372.936.239
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Of 1,745 companies in sector 46150 we hold annual accounts for 757. 568 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-08-2004
Fiscal year end31-12
Activities, NACEBEL
46150Agents in the wholesale of furniture, household goods and hardware
51150
68201Renting and operating of own or leased residential real estate, excluding social housing
70201
74851
82100Office administrative and support services
82190Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.