Anfa Projects
ActiveSummary
The computed 12-month bankruptcy probability of Anfa Projects is 3.7% (moderate). The annual accounts of Anfa Projects for fiscal year 2025 show a net loss of 68% of total assets. The 2025 annual accounts show equity of €38k and a net result of €-43k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 63% of 27786 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency84▲+8
Growth32▼-46
Track record94
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.71 against 1.87 in 2024; short-term debt: 40.9% and cash: 34.6% of total assets), and 40.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 2025Solvency, return and age of the figures
Solvency
59.1%
Return on assets
-67.5%
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 16-07-2026, 15 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
15 d early
2024
1 d early
2023
10 d early
2022
25 d early
2021
8 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€38k▼ 58.4%
2024 · €92k
2021: €83k
2022: €146k
2023: €187k
2024: €92k
2021 → 2025
Total assets
€64k▼ 64.5%
2024 · €181k
2021: €106k
2022: €193k
2023: €218k
2024: €181k
2021 → 2025
Net result
€-43k
2024 · €89k
2021: €82k
2022: €64k
2023: €41k
2024: €89k
2021 → 2025
Working capital
€19k▼ 75.9%
2024 · €78k
2021: €74k
2022: €124k
2023: €168k
2024: €78k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€83k-€146k▲ 76.0%€187k▲ 27.7%€92k▼ 51.0%€38k▼ 58.4%
Operating result€103k-€80k▼ 21.9%€49k▼ 38.8%€109k▲ 122%€-29k
Net result€82k-€64k▼ 21.9%€41k▼ 36.6%€89k▲ 119%€-43k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €29k after €109k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €64k
Fixed assets
€19k ▲ 42.3%
Current assets
€45k ▼ 73.0%
Equity and liabilities €64k
Equity
€38k ▼ 58.4%
Debt
€26k ▼ 70.6%
Debt's share of the balance-sheet total falls from 49.5% to 40.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-24k▼
2024 · €117k
Cash flow
€-38k▼
2024 · €96k
Current ratio
1.71▼
2024 · 1.87
Debt to equity
0.69▼
2024 · 0.98
ROE
-114.3%▼
2024 · 97.1%
ROA
-67.5%▼
2024 · 49.0%
Interest coverage
-67.74▼
2024 · 15697.25
Debt ≤ 1 year
€26k▼
2024 · €90k
Income taxes
€1k▼
2024 · €25k
Staff costs
€272
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€181k€64k▼
Fixed assets21/28€14k€19k▲
Tangible fixed assets22/27€13k€16k▲
Plant, machinery and equipment23€6k€3k▼
Furniture and vehicles24€2k€9k▲
Other tangible fixed assets26€5k€4k▼
Financial fixed assets28€500€4k▲
Current assets29/58€168k€45k▼
Amounts receivable within one year40/41€109k€19k▼
Trade receivables40€83k€13k▼
Other amounts receivable41€26k€6k▼
Current investments50/53€10k-
Cash at bank and in hand54/58€45k€22k▼
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€181k€64k▼
Equity10/15€92k€38k▼
Contributions10/11€2k€2k=
Reserves13€90k€36k▼
Distributable reserves133€90k€36k▼
Amounts payable17/49€90k€26k▼
Amounts payable within one year42/48€90k€26k▼
Trade debts44€8k€9k▲
Suppliers440/4€8k€9k▲
Advances received on contracts in progress46€66k-
Taxes, remuneration and social security45€15k€16k▲
Taxes450/3€15k€16k▲
Other amounts payable47/48-€2k
Income statement
Code20242025
Remuneration, social security and pensions62-€272
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€5k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€118k€-22k▼
Operating profit (loss)9901€109k€-29k▼
Financial income75/76B€4k€224▼
Recurring financial income75€4k€224▼
Financial charges65/66B€7€13k▲
Recurring financial charges65€7€354▲
Non-recurring financial charges66B-€13k
Profit (loss) for the period before taxes9903€114k€-42k▼
Income taxes67/77€25k€1k▼
Profit (loss) for the period9904€89k€-43k▼
Profit (loss) for the period to be appropriated9905€89k€-43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€89k€-43k▼
Transfer from equity791/2€184k€53k▼
Transfer to equity691/2€89k-
To other reserves6921€89k-
Profit to be distributed694/7€184k€10k▼
Return on contributions (dividend)694€184k€10k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
23-03
State Gazette act
Resignation: Driesen An (non-statutory director)Director discharge3 facts ▸
State Gazette act
Resignation: Driesen An (non-statutory director)
Director discharge3 facts ▸
- General meeting, 18/11/2025
- Director resignation, Driesen An (non-statutory director)
- Director discharge, Driesen An
2025
31-12
Financial
Weakest financial yearnet €-43k ▼149%
Net result drops to €-43k, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €89k ▲119%
Operating result €109k, net result €89k, both a record.
21-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €187k ▲27.7%
3 profitable years in a row build equity to €187k.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €146k ▲76%
2 profitable years in a row build equity to €146k.
23-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
18-11-2025
Resigned as Non-statutory director
Location & real-estate footprint
Registered office, Malle · 2 establishment units since 2020
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.
Guido Gezellelaan 42390 MalleGround area
1,525 m²
Building footprint
521 m²
Volume, LiDAR
3,032 m³
2 parcels, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Anfa Projects
since 20202.311.107.350
Turnhoutsebaan 55, 2390 Malle
since 20252.375.882.366
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11032B0203/00K004 | Flanders | 919 m² | 1 · 287 m² | 10.9 m · 2 fl. |
| 11032B0222/00M000 | Flanders | 607 m² | 1 · 235 m² | 6.3 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. 7,117 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-12-2020
Fiscal year end31-12
Abbreviation NL
Anfa
Trade name NL
Den Overstap
Activities, NACEBEL 2025
43320Joinery installation
31004Manufacture of dining room, living room, bedroom and bathroom furniture
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.anfa-projects.be
E-mail:info@anfa-projects.be