Active BE 0840.320.995Private limited company (pre-2019)

AF SERVICES

Louizalaan 480 ·1050 Brussel, Belgium· 14 yrs active

Conclusion Checked

The KBO register records legal situation 012 for AF SERVICES (Register: dissolution or liquidation); this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show negative equity (€-292k) and a net result of €-766.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€-292k
Net result	€-766
Active	14 yrs
Locations	1

Snowflake analysis 5 of 5 axes measured · computed by Checked

26 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 1

Solvency 33

Growth 58

Stability 40

Bankruptcy probability (12 mo) Checked model v1 · free

Dissolution or liquidation

The KBO register records that this company is being wound up. A twelve-month bankruptcy probability no longer says anything in that case, so we show no figure.

Risk Assessment rule-based

0 / 100

High riskRegister: dissolution or liquidation

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 012 for this company; it does not feed the figure above.

Trust signals 1 signals

Register: dissolution or liquidation

The KBO register records legal situation 012 for this company. This is today's state according to the register itself; the register carries no start date.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2023 · computed

0 / 100 Critical

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2023 and the legal situation the KBO register itself records. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 09-08-2024 with the NBB · fiscal year 2023 · micro

RevenueOperating resultNet result

Revenue

€239k

- 18-23

EBITDA

€-44k

- 18-23

Net profit

€-766

+99.8% 18-23

Cash flow

€-309k

- 18-23

Total assets

€151k

-0.5% 18-23

Equity

€-292k

-0.3% 18-23

Working capital

€-280k

-0.3% 18-23

Debt

€443k

0.0% 18-23

Debt ≤ 1y

€431k

0.0% 18-23

Current ratio

0.35

-0.5% 18-23

Quick ratio

0.35

-0.5% 18-23

Solvency

-194.0%

-0.8% 18-23

Debt / equity

-1.52

- 18-23

ROE

0.3%

-99.8% 18-23

ROA

-0.5%

+99.8% 18-23

Net margin

-129.4%

- 18-23

EBITDA margin

-18.4%

- 18-23

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2023
Deposit	micro
Revenue	-
EBITDA	-
Net profit	€-766
Cash flow	-
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€151k
Equity	€-292k
Debt	€443k
of which ≤ 1y	€431k
of which > 1y	-
Working capital	€-280k
Employees (FTE)	-

Ratios (computed)

	2023
Current ratio	0.35
Quick ratio	0.35
Working capital ratio	-185.8%
Solvency	-194.0%
Debt / equity	-1.52
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-0.5%
ROE	0.3%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€151k
Current assets	29/58	€151k
Amounts receivable within one year	40/41	€17k
Cash & bank	54/58	€47k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€151k
Equity	10/15	€-292k
Contributions / capital	10/11	€19k
Reserves	13	€2k
Accumulated profits (losses)	14	€-313k
Amounts payable	17/49	€443k
Amounts payable within one year	42/48	€431k
Trade debts payable within one year	44	€214k
Income statement
Gross operating margin	9900	€-716
Operating result	9901	€-766
Result before taxes	9903	€-766
Net result for the period	9904	€-766
Result to be appropriated	9905	€-766

You are seeing the latest fiscal year only. 3 prior years (figures + ratios) are in a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	-
Legal form	Private limited company (pre-2019)(015)
Incorporation	17-10-2011
Status	Active
Postal code	1050

Establishment units 1 location

AF Services

Rue de l'Abbaye 5, 4040 HerstalBandenservicebedrijven

since 20122.212.208.823

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (50%) Brussels 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
62312B0024/00F005	Wallonia	7,080 m²	1 · 2,748 m²	9.4 m · 3 fl.
21822R0227/00V003	Brussels	2,791 m²	1 · 1,235 m²	106.8 m · 30 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 10 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024

09-08-2024