Animation, Formation, Information, Cöordination
ActiveSummary
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
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
-2%
Return on assets
13.1%
Age of the figures
21 mo
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 comparisonPosition 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 filingsDeviation 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 →
Checked, nothing found (1)
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
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
EBITDA
€47k▲
2023 · €43k
Cash flow
€47k▲
2023 · €43k
Solvency
-2.0%▲
2023 · -14.3%
Current ratio
1.06▲
2023 · 0.92
Debt to 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 to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
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.
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
13 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, Namur · 1 establishment unit since 2004
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 NamurGround 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
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
Initiatives en lien avec l’Egalité des chances, la lutte contre toutes formes de discrimination, l’interculturalité et la Citoyenneté en FWB
Similar companies · same sector, comparable size
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Johanniter International
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ARA
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People's Place
BE 0477.431.723
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Maison Arc-En-Ciel de Namur
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Of 444 companies in sector 94992 we hold annual accounts for 137. 46 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 formNon-profit association
Founded18-03-1999
Fiscal year end31-12
Abbreviation FR
A.F.I.Co
Activities, NACEBEL 2025
94992Activities of membership organisations
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:admin@afico.be
Phone:081649952