Advanced Filter Maintenance
ActiveThe computed 12-month bankruptcy probability of Advanced Filter Maintenance is 4.3% (elevated). The 2025 annual accounts show negative equity (€-28k) and a net result of €-28k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 18024 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency33▼-7
Growth32▼-46
Stability94
Bankruptcy probability, 12 months
4.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.04 against 0.79 in 2024), 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.
+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 · 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
-281.5%
Return on assets
-281%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year -€28k
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
28 d late
2024
29 d early
2023
13 d early
2022
on the day
← 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-28k▼ 58,343%
2024 · €-48
2022: €-1k
2023: €3k
2024: €-48
2022 → 2025
Total assets
€10k▼ 81.8%
2024 · €55k
2022: €78k
2023: €63k
2024: €55k
2022 → 2025
Net result
€-28k▼ 704%
2024 · €-3k
2022: €-4k
2023: €5k
2024: €-3k
2022 → 2025
Working capital
€-36k▼ 220%
2024 · €-11k
2022: €26k
2023: €11k
2024: €-11k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-1k-€3k€-48€-28k▼ 58,343%
Operating result€-4k-€8k€-2k€-27k▼ 1,508%
Net result€-4k-€5k€-3k€-28k▼ 704%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €27k in 2025 against €2k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10k
Fixed assets
€9k▼ 34.3%
Current assets
€1k▼ 96.7%
Key figures and ratios
EBITDA
€-22k▼
2024 · €3k
Cash flow
€-24k▼
2024 · €1k
Solvency
-281.5%▼
2024 · -0.1%
Current ratio
0.04▼
2024 · 0.79
Quick ratio
0.04▼
2024 · 0.04
Debt / equity
-1.36
ROE
99.8%
ROA
-281.0%▼
2024 · -6.4%
Interest coverage
-15.59▼
2024 · 1.22
Debt
€38k▼
2024 · €55k
Debt ≤ 1 year
€37k▼
2024 · €53k
Debt > 1 year
€998▼
2024 · €2k
Staff costs
€920
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€55k€10k▼
Fixed assets21/28€13k€9k▼
Intangible fixed assets21€1k€958▼
Tangible fixed assets22/27€12k€8k▼
Furniture and vehicles24€12k€8k▼
Current assets29/58€42k€1k▼
Stocks and contracts in progress3€40k-
Stocks30/36€40k-
Amounts receivable within one year40/41€1k-
Trade receivables40€1k-
Cash at bank and in hand54/58€473€1k▲
Deferred charges and accrued income490/1€339€284▼
Equity and liabilities
Total equity and liabilities10/49€55k€10k▼
Equity10/15€-48€-28k▼
Contributions10/11€3k€3k=
Reserves13€939€939=
Distributable reserves133€939€939=
Profit (loss) carried forward14€-3k€-32k▼
Amounts payable17/49€55k€38k▼
Amounts payable after more than one year17€2k€998▼
Financial debts170/4€2k€998▼
Amounts payable within one year42/48€53k€37k▼
Current portion of amounts payable after more than one year42€23k€1k▼
Financial debts43€488€1k▲
Credit institutions430/8€488€1k▲
Trade debts44€13k€9k▼
Suppliers440/4€13k€9k▼
Taxes, remuneration and social security45€6k€3k▼
Taxes450/3€6k€3k▼
Other amounts payable47/48€10k€23k▲
Accrued charges and deferred income492/3-€69
Income statement
Code20242025
Remuneration, social security and pensions62-€920
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Other operating charges640/8€1k€1k▲
Gross operating margin9900€4k€-20k▼
Operating profit (loss)9901€-2k€-27k▼
Financial income75/76B€498€379▼
Recurring financial income75€498€379▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€-3k€-28k▼
Income taxes67/77€0-
Profit (loss) for the period9904€-3k€-28k▼
Profit (loss) for the period to be appropriated9905€-3k€-28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-32k▼
Profit (loss) brought forward from the previous period14P-€-3k
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
10-09
State Gazette act
Purpose · Statutes amendment · Resignations & appointmentsGeneral meeting · Name change · Purpose change9 facts ▸
State Gazette act
Purpose · Statutes amendment · Resignations & appointments
General meeting · Name change · Purpose change9 facts ▸
- General meeting, 2026-09-01
- Name change, Advanced Filter Maintenance
- Purpose change, De vennootschap heeft tot voorwerp, zowel in België als in het buitenland, en in de ruimste zin van het woord: -Onderhoudswerken verrichten aan industriële brou…
- Director resignation, Elien Tuerlinckx (bestuurder)
- Director appointment, Stijn Cauwenbergh (niet-statutair bestuurder)
- Director appointment, Mika Vekemans (niet-statutair bestuurder)
- Mandate compensation, Stijn Cauwenbergh
- Mandate compensation, Mika Vekemans
- Power of attorney, Acofi Herselt
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €-28k
Net result drops to €-28k, the lowest in the series.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 directors, no change since 2026
Mika Vekemans
CurrentNon-statutory director · since 01-09-2026
Stijn Cauwenbergh
CurrentNon-statutory director · since 01-09-2026
01-09-2026
Mika Vekemans: Appointed as Non-statutory director
01-09-2026
Stijn Cauwenbergh: Appointed as Non-statutory director
01-09-2026
Elien Tuerlinckx: Resigned as Director
Location & real-estate footprint
Registered office, Scherpenheuvel-Zichem · 1 establishment unit since 2022
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.
Pannestraat 603272 Scherpenheuvel-ZichemGround area
4,315 m²
Building footprint
262 m²
Volume, LiDAR
1,348 m³
Parcel 24071C0287/00C002, Flanders · tallest building 15.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Elien
since 20222.335.456.330
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24071C0287/00C002 | Flanders | 4,315 m² | 1 · 262 m² | 15.1 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
2022 · 1 entry · 179 EUR awarded · 179 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 179 EUR | 179 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
HUA LONG
BE 0536.581.432
Anderlecht · Eq €3k
ASELIN
BE 0827.439.395
Heusden-Zolder · Eq €3k
SO ROMANTIC
BE 1011.575.782
Tournai · Eq €3k
I CON
BE 0784.605.680
Anderlecht · Eq €3k
JOBFASHION
BE 0785.321.106
Maldegem · Eq €4k
Of 6,457 companies in sector 47716 we hold annual accounts for 2,421. 747 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-09-2022
Fiscal year end31-12
Abbreviation NL
AFM
Activities, NACEBEL
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.