D' AFSPANNING
ActiveD' AFSPANNING has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €127k and a net result of €993. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 82% of 13270 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-11
Solvency93▲+2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity short (current ratio 0.64 against 0.46 in 2024; short-term debt: 31.6% and cash: 3.1% of total assets), and 31.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
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
68.4%
Return on assets
0.5%
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
28 d late
2023
30 d late
2022
on the day
2021
31 d late
2020
26 d late
2019
31 d late
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€127k▲ 0.8%
2024 · €126k
2018: €86k
2019: €92k
2020: €99k
2021: €124k
2022: €104k
2023: €110k
2024: €126k
2018 → 2025
Total assets
€186k▼ 3.5%
2024 · €193k
2018: €180k
2019: €166k
2020: €165k
2021: €177k
2022: €173k
2023: €169k
2024: €193k
2018 → 2025
Net result
€993▼ 94.0%
2024 · €17k
2018: €7k
2019: €6k
2020: €7k
2021: €25k
2022: €4k
2023: €18k
2024: €17k
2018 → 2025
Working capital
€-21k▲ 41.3%
2024 · €-36k
2018: €-66k
2019: €-49k
2020: €-39k
2021: €-8k
2022: €-36k
2023: €-16k
2024: €-36k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€124k-€104k▼ 16.1%€110k▲ 5.4%€126k▲ 15.1%€127k▲ 0.8%
Operating result€32k-€8k▼ 74.0%€36k▲ 334%€30k▼ 16.9%€8k▼ 72.5%
Net result€25k-€4k▼ 82.9%€18k▲ 322%€17k▼ 9.3%€993▼ 94.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 72% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €186k
Fixed assets
€149k▼ 8.5%
Current assets
€38k▲ 23.4%
Equity and liabilities €186k
Equity
€127k▲ 0.8%
Debt
€59k▼ 11.6%
The debt ratio falls from 34.5% to 31.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€30k▼
2024 · €46k
Cash flow
€23k▼
2024 · €33k
Solvency
68.4%▲
2024 · 65.5%
Current ratio
0.64▲
2024 · 0.46
Quick ratio
0.52▲
2024 · 0.37
Debt / equity
0.46▼
2024 · 0.53
ROE
0.8%▼
2024 · 13.1%
ROA
0.5%▼
2024 · 8.6%
Interest coverage
15.95▼
2024 · 16.95
Debt
€59k▼
2024 · €67k
Debt ≤ 1 year
€59k▼
2024 · €67k
Income taxes
€6k▼
2024 · €11k
Staff costs
€91k▲
2024 · €78k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€193k€186k▼
Fixed assets21/28€162k€149k▼
Tangible fixed assets22/27€162k€148k▼
Land and buildings22€93k€90k▼
Plant, machinery and equipment23€48k€39k▼
Furniture and vehicles24€22k€18k▼
Financial fixed assets28€80€935▲
Current assets29/58€31k€38k▲
Stocks and contracts in progress3€6k€7k▲
Stocks30/36€6k€7k▲
Amounts receivable within one year40/41€6k€20k▲
Trade receivables40€3k€1k▼
Other amounts receivable41€3k€19k▲
Cash at bank and in hand54/58€15k€6k▼
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€193k€186k▼
Equity10/15€126k€127k▲
Contributions10/11€19k€19k=
Reserves13€108k€109k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€106k€107k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€67k€59k▼
Amounts payable within one year42/48€67k€59k▼
Current portion of amounts payable after more than one year42€0-
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€34k€32k▼
Suppliers440/4€34k€32k▼
Advances received on contracts in progress46-€2k
Taxes, remuneration and social security45€33k€25k▼
Taxes450/3€21k€9k▼
Remuneration and social security454/9€12k€16k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A€8k€0▼
Remuneration, social security and pensions62€78k€91k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€22k▲
Other operating charges640/8€8k€9k▲
Gross operating margin9900€132k€130k▼
Operating profit (loss)9901€30k€8k▼
Financial income75/76B€296€256▼
Recurring financial income75€296€256▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€27k€6k▼
Income taxes67/77€11k€6k▼
Profit (loss) for the period9904€17k€993▼
Profit (loss) for the period to be appropriated9905€17k€993▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€993▼
Transfer from equity791/2€0-
Transfer to equity691/2€17k€993▼
To other reserves6921€17k€993▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (10 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €993 ▼94%
Net result drops to €993, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €25k ▲265%
Net result €25k, the highest in the series.
31-12
Financial
Equity above €100kEq €124k ▲25.6%
4 profitable years in a row build equity to €124k.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
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, Ninove · 1 establishment unit since 2003
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.
Edingsesteenweg(Den) 4219400 NinoveGround area
1,144 m²
Building footprint
238 m²
Volume, LiDAR
1,630 m³
Parcel 41012C1564/00P000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
D'Afspanning
since 20032.133.520.938
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41012C1564/00P000 | Flanders | 1,144 m² | 1 · 238 m² | 9.7 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
2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteNinove2.133.520.938
Similar companies · same sector, comparable size
KWASI
BE 0806.624.185
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DE.LA.RIVA
BE 0809.632.868
Antwerpen · Eq €128k
HEVEE
BE 0842.511.910
Sint-Truiden · Eq €128k
Thuisverpleging Saïs Petra
BE 0657.890.424
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FERNAND
BE 0841.991.969
Kortrijk · Eq €127k
Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 3,499 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded30-06-2003
Fiscal year end31-12
Activities, NACEBEL
55401
56101Full-service restaurants
56111Full-service restaurants
56301Cafés and bars
55302
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.