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AFPLAKA

Active
Private limited company (pre-2019)founded 2007active for 18 yearsKarel De Ghelderestraat 12, 8800 Roeselare, BelgiumKBO/BCE: BE 0893.490.655
Summary

AFPLAKA has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €380,786 and a net result of €30,668. Equity has been growing by about 21% per year since 2018. Its solvency ranks better than 92% of 49 sector peers (NACE 17, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 09-11-2007 Normal situation
Activity
Manufacture of paper and paper products NACE 17120and 1 other
Establishment unit
2.166.598.037 8800 Roeselare, since 10-11-2007
Financial year end
31 December
Peppol
Reachable since 01-12-2025

Board and ownership

Board

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€83,243
▼ 4.0%
Turnover
≈ €250,000
estimated
Profit
€30,668
▼ 16.8%
Equity
€380,786
▲ 8.8%
Total assets
€433,443
▲ 2.5%
Score breakdownraises riskSector: Manufacture of paper and paper products (NACE 17)lowers riskFounded in 2007Equity €380,786 (87.9% of total assets)Figures for financial year 2025 (filed on 29-06-2026)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 71% of micro companies in paper (NACE 17)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 87.9% of total assets
Liquidity 59-7
short-term debt 9.9% · cash 7.0%
Profitability 78-2
return on assets 7.1%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (113 companies, NACE 17, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.3%▲ +0.1 percentage points vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.3 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.7 (4.83 in 2024), above the usual 1.5. Short-term debt is 9.9% and cash 7% of total assets. 12.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 17, micro). It does better than 90% of them on solvency, 66% on liquidity, 66% on profitability and 63% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Manufacture of paper and paper products (NACE 17)
KBO
lowers risk · Founded in 2007
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €380,786 (87.9% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 29-06-2026)
NBB · annual accounts
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 days early
2024
30 days early
2023
23 days early
2022
24 days early
2021
30 days late
2020
11 days early
2019
32 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 8 days before the deadline. In the sector (NACE 17), the median for financial year 2024 was 13 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 92% of companies in papersector median 46.5% · 49 companies 87.9% View
  • Positive: 8 profitable years in a rowprofit 2025: €30,668 8 years View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed Merger: Joye Plastics takes over AFPLAKADissolution of the company · Company renamed from Joye Plastics to AFPLAKA · Change of role: JOYE Louis, from manager to director
  2. · Gazette deed Merger proposal: JOYE PLASTICS takes over AFPLAKAPermanent representative: Louis Joye
  3. · Gazette deed Incorporation
All 18 events

Comparable companies

These companies have the same main activity as AFPLAKA: manufacture of paper and paper products (NACE 17120). They are comparable in size and age: total assets between €114,000 and €1.4m, founded between 1992 and 2014.

CompanyTotal assetsGross margin
AFPLAKA Roeselare€0.4m€0.08m
INPACO INDUSTRIE Etterbeek€0.2m€0.2m
KDG Halle€0.4m€0.09m
ATINVEST Dilbeek€1.4m€0.4m
JAM & RY Liège€0.1m€0.02m
EMBALLAGES GRUSELLE Fleurus€0.4m€0.1m
Premium Cellulose Insulation Manufacturer Ciney€1.3m-
Full comparison

Key facts about AFPLAKA

What is the company number of AFPLAKA?
The company number of AFPLAKA is 0893.490.655. The VAT number is the same number with BE in front: BE 0893.490.655.
Where is AFPLAKA based?
The registered office is at Karel De Ghelderestraat 12, 8800 Roeselare.Company details
What does AFPLAKA do?
According to the KBO register, the main activity is manufacture of paper and paper products (NACE 17120).
What is the legal form of AFPLAKA?
The legal form of AFPLAKA is Private limited company (pre-2019) (BVBA).
When was AFPLAKA founded?
AFPLAKA was founded on 09-11-2007.
Is AFPLAKA still active?
Yes, AFPLAKA is an active enterprise in the KBO register.
What is the turnover of AFPLAKA?
The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €83,243 and 2,672 comparable companies of the same size. It probably lies between €170,000 and €430,000. It is a rough estimate.Financials
Is AFPLAKA profitable?
In financial year 2025, AFPLAKA made a profit of €30,668.
Where can I find the annual accounts of AFPLAKA?
AFPLAKA filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of AFPLAKA due?
AFPLAKA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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