Advanced Fire Technologies
Advanced Fire Technologies and the 10 companies it controls according to the LEI register and the annual accounts: the structure, the figures, each company's health and where the risk sits.
Sum of the filed annual accounts of 10 of the 11 Belgian companies (fiscal years 2024-2025). Not a consolidation: receivables, participations and sales between group companies are not eliminated, so they count.
Advanced Fire Technologies also files consolidated accounts (fiscal year 2024): the real group figures, with intra-group positions eliminated. Checked does not read their figures yet; the document is at the National Bank's Central Balance Sheet Office.
Group risk
How healthy the group's Belgian companies are, and where the risk sits. A weak subsidiary can cost the parent money, and the other way round.
- The parent itself: Advanced Fire Technologies, elevated (55/100).
- 1 company in bankruptcy: SICLI.
- 1 company with negative equity: Advanced Fire Solutions (-€3.1m).
- 5 companies with a loss in the latest year: Advanced Fire Technologies (-€7.4m), VANOR ET CIE (-€292,746), Advanced Fire Solutions (-€199,598), B.G.S. (-€9,037), AVOTEX BRANDBEVEILIGING (-€3,363).
- 50.9% of the added-up total assets sits in one company: Advanced Fire Technologies.
- 53.2% of the added-up total assets sits at companies with an elevated or high risk.
Group structure
Who consolidates whom according to the LEI register, completed with who holds more than half of the shares according to the annual accounts. Both mean control.
- Advanced Fire Technologies10 subsidiariesElevated · 55€12.8m €3.6m 2025
- High risk · 24€129,458 -€3.1m 2025
- Healthy · 63€1.7m €356,902 2025
- Healthy · 68€713,313 €306,199 2025
- Fair · 56€3.6m €1.1m 2025
- Healthy · 69€1.1m €209,808 2025
- Healthy · 77€1.5m €434,413 2024
- Healthy · 63€1.8m €500,445 2025
- High risk · 4€29.9m -€9.5m 2023
- Fair · 50€1.4m €109,318 2025
- Elevated · 59€442,144 €246,546 2025
High risk Elevated Healthy Fair No verdict Amounts: total assets and equity from the latest accounts.
Events in the group
Bankruptcies, director changes, capital changes and other publications of all Belgian group companies, over the last two years.
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KBO administration: administrative change
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KBO administration: ex-officio strike-off of the registered address
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Where do these figures come from?
Completed with the annual accounts: a company of which another Belgian company holds more than half of the shares, by the list of holdings or the shareholder structure in its accounts, stands under that company, with the share. The register of ultimate beneficial owners (UBO) is not public.
The group's make-up comes from the LEI register (GLEIF): which company consolidates which other, directly or ultimately. A company whose link the register does not state is not listed here, even if it does belong to the group.
The amounts are those of the annual accounts each Belgian company filed with the National Bank, added up without consolidation. The verdict per company is that of its dossier on Checked.be. Everything is updated every night.
Updated on 27-09-2026