ANFIRI
ActiveSummary
ANFIRI has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.6m and a net result of -€308,071. Equity is shrinking by ~5.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability33=
Solvency47▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €180,000 at 30 days acceptable
Liquidity ample (current ratio 19.27 against 21.12 in 2024; short-term debt: 0.3% and cash: 0% of total assets), but 77.5% of the assets are financed with debt.
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Signals
Six 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
22.5%
Return on assets
-1.9%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€308,071
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
4 d late
2023
27 d late
2022
24 d early
2021
100 d late
2020
186 d late
2019
551 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 117 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
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. Usually files around 4 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€308,071▲ 0.5%
2024 · -€309,669
Working capital
€759,526▼ 0.4%
2024 · €762,810
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€4,485▲ 43.8%-€5,644▼ 25.8%-€11,901▼ 111%-€4,852▲ 59.2%-€3,253▲ 33.0%
Net result-€192,489▲ 1.8%-€268,425▼ 39.4%-€316,713▼ 18.0%-€309,669▲ 2.2%-€308,071▲ 0.5%
Equity€4.8m▼ 3.9%€4.5m▼ 5.6%€4.2m▼ 7.1%€3.9m▼ 7.4%€3.6m▼ 8.0%
Total assets€12.9m▲ 3.1%€15.8m▲ 22.5%€15.8m=€15.8m=€15.8m=
Debt€8.2m▲ 7.7%€11.3m▲ 38.9%€11.7m▲ 2.8%€12.0m▲ 2.6%€12.3m▲ 2.6%
Working capital€785,347▲ 35.5%€779,615▼ 0.7%€767,691▼ 1.5%€762,810▼ 0.6%€759,526▼ 0.4%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3,253 in 2025 against €4,852 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15.8m
Fixed assets
€15.0m =
Current assets
€801,107 =
Equity and liabilities €15.8m
Equity
€3.6m ▼ 8.0%
Debt
€12.3m ▲ 2.6%
Debt's share of the balance-sheet total rises from 75.6% to 77.5%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
19.27▼
2024 · 21.12
Debt to equity
3.45▲
2024 · 3.10
ROE
-8.7%▼
2024 · -8.0%
ROA
-1.9%▲
2024 · -2.0%
Debt ≤ 1 year
€41,581▲
2024 · €37,913
Debt > 1 year
€12.1m▲
2024 · €11.8m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €1,910 | - |
| Other operating charges640/8 | €1,068 | €1,023 | €792 | €968 | €841 | ▼ 13.0% |
| Gross operating margin9900 | -€3,417 | -€4,621 | -€11,109 | -€3,885 | -€2,412 | ▲ 37.9% |
| Operating profit (loss)9901 | -€4,485 | -€5,644 | -€11,901 | -€4,852 | -€3,253 | ▲ 33.0% |
| Financial charges65/66B | €188,005 | €262,781 | €304,812 | €304,817 | €304,818 | = |
| Recurring financial charges65 | €188,005 | €262,781 | €304,812 | €304,817 | €304,818 | = |
| Profit (loss) for the period before taxes9903 | -€192,489 | -€268,425 | -€316,713 | -€309,669 | -€308,071 | ▲ 0.5% |
| Profit (loss) for the period9904 | -€192,489 | -€268,425 | -€316,713 | -€309,669 | -€308,071 | ▲ 0.5% |
| Profit (loss) for the period to be appropriated9905 | -€192,489 | -€268,425 | -€316,713 | -€309,669 | -€308,071 | ▲ 0.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €12.9m | €15.8m | €15.8m | €15.8m | €15.8m | = |
| Fixed assets21/28 | €11.7m | €15.0m | €15.0m | €15.0m | €15.0m | = |
| Financial fixed assets28 | €11.7m | €15.0m | €15.0m | €15.0m | €15.0m | = |
| Current assets29/58 | €1.2m | €804,044 | €801,995 | €800,722 | €801,107 | = |
| Amounts receivable after more than one year29 | €800,000 | €800,000 | €800,000 | €800,000 | €800,000 | = |
| Other amounts receivable291 | €800,000 | €800,000 | €800,000 | €800,000 | €800,000 | = |
| Amounts receivable within one year40/41 | €395,644 | - | - | - | - | - |
| Other amounts receivable41 | €395,644 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €908 | €4,044 | €1,995 | €722 | €1,107 | ▲ 53.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €12.9m | €15.8m | €15.8m | €15.8m | €15.8m | = |
| Equity10/15 | €4.8m | €4.5m | €4.2m | €3.9m | €3.6m | ▼ 8.0% |
| Contributions10/11 | €6.3m | €6.3m | €6.3m | €6.3m | €6.3m | = |
| Profit (loss) carried forward14 | -€1.5m | -€1.8m | -€2.1m | -€2.4m | -€2.7m | ▼ 12.8% |
| Amounts payable17/49 | €8.2m | €11.3m | €11.7m | €12.0m | €12.3m | ▲ 2.6% |
| Amounts payable after more than one year17 | €7.8m | €11.2m | €11.5m | €11.8m | €12.1m | ▲ 2.6% |
| Financial debts170/4 | €7.8m | €11.2m | €11.5m | €11.8m | €12.1m | ▲ 2.6% |
| Amounts payable within one year42/48 | €411,205 | €24,429 | €34,304 | €37,913 | €41,581 | ▲ 9.7% |
| Trade debts44 | €1,154 | €1,573 | €1,524 | €1,001 | €2,696 | ▲ 169% |
| Suppliers440/4 | €1,154 | €1,573 | €1,524 | €1,001 | €2,696 | ▲ 169% |
| Taxes, remuneration and social security45 | €395,644 | - | - | - | - | - |
| Taxes450/3 | €395,644 | - | - | - | - | - |
| Other amounts payable47/48 | €14,406 | €22,856 | €32,780 | €36,911 | €38,885 | ▲ 5.3% |
| Accrued charges and deferred income492/3 | - | €153,415 | €153,095 | €156,296 | €156,296 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€192,489 | -€268,425 | -€316,713 | -€309,669 | -€308,071 | ▲ 0.5% |
| Operating cash flow (approximation) | -€192,489 | -€268,425 | -€316,713 | -€309,669 | -€308,071 | ▲ 0.5% |
| Investment in fixed assets (approximation) | - | -€3.3m | €0 | €0 | €0 | - |
| Change in cash | - | €3,136 | -€2,049 | -€1,273 | €385 | ▲ 130% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-08
State Gazette act
Registered officeRegistered-office move · Power of attorney3 facts ▸
State Gazette act
Registered office
Registered-office move · Power of attorney3 facts ▸
- Registered-office move, Avenue du Haras 156 - 1150 WOLUWE-SAINT-PIERRE
- Board meeting, 29-06-2026
- Power of attorney, Geneviève BUELENS
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 4 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 11current ratio 32.91
Current ratio from 2.91 to 32.91; short-term debt falls from €411,205 to €24,429.
08-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 100 days late
02-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 186 days late
02-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 551 days late
2020
31-12
Financial
Liquidity times 558current ratio 3.57
Current ratio from 0.01 to 3.57.
2019
31-12
Financial
Weakest financial yearnet -€348,256
Net result drops to -€348,256, the lowest in the series; recovery starts the following year.
15-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 76 days late
2018
17-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 48 days late
2017
03-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 64 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 16 acts read
About the unread acts
Of the 16 Belgian State Gazette acts we know for this company, 1 has been read. The other 15 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
16 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wavre
Ground area
540 m²
Building footprint
150 m²
Volume, LiDAR
2,294 m³
Parcel 25112M0807/00K002, Wallonia · tallest building 17.4 m, ±5 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25112M0807/00K002 | Wallonia | 540 m² | 1 · 149 m² | 17.4 m · 5 fl. |
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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the 2025 annual accounts of ANFIRI and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded07-11-2008
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.