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Animation, Formation, Information, Cöordination

Active
Non-profit associationfounded 199927 yrs activeRue Dewez 40, 5000 Namur, BelgiumKBO/BCE: BE 0465.559.814

Animation, Formation, Information, Cöordination has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-6k) and a net result of €38k. Equity is growing by ~23.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 612 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2024
59 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability85▲+3
Solvency23▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.06 against 0.92 in 2023; short-term debt: 91.3% and cash: 2.9% of total assets), and equity is negative.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 94
Relative position
BE, all sectors
reference
Sector 94
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 27 years 0 30 y
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 2024
Solvency, return and age of the figures
Solvency
-2%
Return on assets
13.1%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 612 sector peers (2024).
NBB · sector comparison
Position among 612 sector peers
Solvency
better than 5%
← weakest strongest →
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 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
38 d early
2023
34 d early
2022
34 d early
2021
31 d early
2020
36 d early
2019
24 d early
← before the deadline after the deadline →
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

Financials · fiscal year 2024, full schema

Turnover
€2k
EBIT margin
343.3%
Net result
€38k▲ 16.2%
2023 · €33k
2018: €-82k 2019: €18k 2020: €39k 2021: €-9k 2022: €9k 2023: €33k
2018 → 2024
Working capital
€17k
2023 · €-26k
2018: €-139k 2019: €-127k 2020: €-96k 2021: €-116k 2022: €191k 2023: €-26k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Turnover€2k
Equity€-77k-€-86k▼ 12.0%€-77k▲ 11.0%€-44k▲ 42.8%€-6k▲ 86.9%
Operating result€39k-€-9k€8k€33k▲ 309%€38k▲ 16.0%
Net result€39k-€-9k€9k€33k▲ 246%€38k▲ 16.2%
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2020: €39k€39kNet result 2020: €39k€39kOperating result 2021: €-9k€-9kNet result 2021: €-9k€-9kOperating result 2022: €8k€8kNet result 2022: €9k€9kOperating result 2023: €33k€33kNet result 2023: €33k€33kOperating result 2024: €38k€38kNet result 2024: €38k€38k20202021202220232024
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 16% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €292k
Fixed assets €9k▼ 49.9%
Current assets €283k▼ 2.6%
Key figures and ratios
2024 value · change against 2023
EBITDA
€47k
2023 · €43k
Cash flow
€47k
2023 · €43k
Solvency
-2.0%
2023 · -14.3%
Current ratio
1.06
2023 · 0.92
Quick ratio
1.06
2023 · 0.92
Debt / equity
-51.71
2023 · -8.01
ROA
13.1%
2023 · 10.7%
Interest coverage
181.71
2023 · 151.04
Debt
€297k
2023 · €352k
Debt ≤ 1 year
€266k
2023 · €316k
Staff costs
€917k
2023 · €868k
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€308k€292k
Fixed assets21/28€17k€9k
Tangible fixed assets22/27€17k€8k
Plant, machinery and equipment23€17k€8k
Financial fixed assets28€270€270=
Current assets29/58€290k€283k
Amounts receivable within one year40/41€266k€267k
Trade receivables40€3k€9k
Other amounts receivable41€263k€258k
Cash at bank and in hand54/58€16k€9k
Deferred charges and accrued income490/1€8k€7k
Equity and liabilities
Total equity and liabilities10/49€308k€292k
Equity10/15€-44k€-6k
Profit (loss) carried forward14€-44k€-6k
Amounts payable17/49€352k€297k
Amounts payable within one year42/48€316k€266k
Trade debts44€10k€13k
Suppliers440/4€10k€13k
Taxes, remuneration and social security45€128k€147k
Taxes450/3€8k€10k
Remuneration and social security454/9€120k€137k
Accrued charges and deferred income492/3€35k€31k
Income statement Code20232024
Non-recurring operating income76A€2k€7k
Goods, raw materials, services and sundry goods60/61€131k€176k
Remuneration, social security and pensions62€868k€917k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€9k
Other operating charges640/8€3k€3k
Non-recurring operating charges66A€18k€10k
Gross operating margin9900€932k€978k
Operating profit (loss)9901€33k€38k
Financial income75/76B€10€9
Recurring financial income75€10€9
Financial charges65/66B€284€259
Recurring financial charges65€284€259
Profit (loss) for the period before taxes9903€33k€38k
Profit (loss) for the period9904€33k€38k
Profit (loss) for the period to be appropriated9905€33k€38k
Appropriation of the result
Profit (loss) to be appropriated9906€-44k€-6k
Profit (loss) brought forward from the previous period14P€-77k€-44k
Social balance
Average headcount (FTE)908714.814.3

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
23-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
27-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
27-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Back to profitnet €9k
Net result €9k after one loss-making year.
31-12
Financial Liquidity triplescurrent ratio 2.19
Current ratio from 0.70 to 2.19; short-term debt falls from €386k to €161k.
30-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
25-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Highest result since 2018net €39k ▲118%
Operating result €39k, net result €39k, both a record.
07-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Back to profitnet €18k
Net result €18k after one loss-making year.
27-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
28-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
26-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
14-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB 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.
18-06-2025 Maryse Dussart: Resigned as Director
18-06-2025 Pascale VIVONE: Resigned as Director
15-01-2025 Daniel Maratta: Resigned as Director
18-10-2023 Guy FAYS: Resigned as Director
18-10-2023 Guy FAYS: Resigned as Managing director
18-10-2023 Thomas LESIRE: Resigned as Director
21-06-2023 Joëlle TYSSAEN: Resigned as Director
21-06-2023 Maria BONGIOVANNI: Resigned as Director
21-06-2023 Mertens Patrick: Resigned as Director
21-06-2023 Victory LELIEVRE: Resigned as Director
21-06-2023 WOIRIN Gilles: Resigned as Director
04-01-2023 Laurent D'ATOE: Resigned as Daily management
17-06-2020 Giovanna LARUCCIA: Resigned as Director
17-06-2020 Stéphanie BERTRAND: Resigned as Director
28-06-2018 Joseph THONON: Resigned as Director
28-06-2018 Luc GILTAY: Resigned as Director
28-06-2018 Nathalie LIONET: Resigned as Director
21-06-2017 Jean-Claude HUBERT: Resigned as Director
21-06-2017 Jean-Pol DONNAY: Resigned as Director
01-04-2016 Gérard LUWEL: Resigned as Director
01-04-2016 Maxime PASSERIN: Resigned as Director
01-04-2016 Raymonde LE LEPVRIER: Resigned as Director
04-06-2014 Nanuzska CARTIAUX: Resigned as Director
18-05-2011 Daniel JAUMOTTE: Resigned as Director
+ 5 not shown in this overview
Location & real-estate footprint
Registered office, Namur · 1 establishment unit since 2004
establishment The establishment unit on the map
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.

Rue Dewez 405000 Namur
Ground area
721 m²
Building footprint
348 m²
Volume, LiDAR
6,417 m³
Parcel 92094C0113/00L024, Wallonia · tallest building 20.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
AFICo asbl
Rue Dewez 40, 5000 NamurNACE 91330
since 20042.178.367.404
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92094C0113/00L024 Wallonia 721 m² 1 · 348 m² 20.9 m · 6 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

Wallonia-Brussels Federation

2021 to 2025 · 7 entries · 65,100 EUR in total
Year Entries paid
2025 1 750 EUR
2024 3 34,250 EUR
2023 2 30,000 EUR
2021 1 100 EUR
Budget allocations
Soutien aux projets transversaux et locaux de promotion des droits culturels et de l'interculturalité
4 entries · 60,000 EUR
Initiatives en lien avec l’Egalité des chances, la lutte contre toutes formes de discrimination, l’interculturalité et la Citoyenneté en FWB
2 entries · 5,000 EUR

Similar companies · same sector, comparable size

Of 444 companies in sector 94992 we hold annual accounts for 137. 46 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formNon-profit association
Founded18-03-1999
Fiscal year end31-12
Abbreviation FR A.F.I.Co
Activities, NACEBEL
94992Activities of membership organisations
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
E-mail:admin@afico.be
Establishment Namur 2.178.367.404
Phone:081649952
Establishment Namur 2.178.367.404