Skip to content

AF TELECOM

Active
Pastoor Vendelmansstraat 17 ·1600 Sint-Pieters-Leeuw, Belgium
KBO/BCE: BE 0790.731.429
Watch Print / PDF
Age3 yrs
Real estate1 parcel · 189 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of AF TELECOM is 3.6% (moderate). The 2024 annual accounts show equity of €48k and a net result of €15k. Its solvency ranks better than 85% of 95 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Signals

2 signals · with evidence
Strong solvency vs sector
Solvency is in the sector's strongest quartile: better than 85% of 95 peers (2024). A comfortable equity buffer.
View the sector comparison
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 13 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-08-2025, 19 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
How we compute the deadline
The year end is derived from 2 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 19-08-2025 19 d late 2025-00381604
31-12-2023 31-07-2024 31-07-2024 on the day 2024-00311999

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

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.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
3.6% Moderate
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Young company +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€15k-51.6%
Working capital€46k+48.4%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 19-08-2025 with the NBB · fiscal year 2024 · micro
€0€10k€20k€30k€40kOperating result 2023: €39k€39kNet result 2023: €31k€31kOperating result 2024: €19k€19kNet result 2024: €15k€15k20232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 61 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 73.6% 33.1%
better than 85% of 95 sector peers
Net result €15k €5k
better than 64% of 95 sector peers
Equity €48k €17k
better than 75% of 95 sector peers
Gross operating margin €21k €23k
better than 48% of 95 sector peers
Total assets €65k €55k
better than 56% of 95 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€20k
-49.9% 23-24
Net profit
€15k
-51.6% 23-24
Cash flow
€16k
-51.0% 23-24
Total assets
€65k
+6.7% 23-24
Equity
€48k
+45.9% 23-24
Working capital
€46k
+48.4% 23-24
Income taxes
€4k
-47.3% 23-24
Dividends
€800
- 23-24
Debt
€17k
-39.0% 23-24
Debt ≤ 1y
€17k
-39.0% 23-24
Current ratio
3.69
+75.1% 23-24
Quick ratio
3.69
+75.1% 23-24
Solvency
73.6%
+36.7% 23-24
Debt / equity
0.36
-58.2% 23-24
ROE
31.5%
-66.8% 23-24
ROA
23.1%
-54.6% 23-24
Interest coverage
90.96
-71.5% 23-24
Figures by fiscal year
Fiscal year2024
Depositmicro
Revenue-
EBITDA€20k
Net profit€15k
Cash flow€16k
Staff costs-
Income taxes€4k
Dividends-
Total assets€65k
Equity€48k
Debt€17k
of which ≤ 1y€17k
of which > 1y-
Working capital€46k
Employees (FTE)-
Ratios (computed)
2024
Current ratio3.69
Quick ratio3.69
Working capital ratio71.0%
Solvency73.6%
Debt / equity0.36
Long-term debt ratio-
Interest coverage90.96
Gross margin-
Net margin-
ROA23.1%
ROE31.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€65k
Fixed assets 21/28€2k
Tangible fixed assets 22/27€2k
Current assets 29/58€63k
Amounts receivable within one year 40/41€27k
Cash & bank 54/58€35k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€65k
Equity 10/15€48k
Contributions / capital 10/11€3k
Accumulated profits (losses) 14€45k
Amounts payable 17/49€17k
Amounts payable within one year 42/48€17k
Trade debts payable within one year 44€3k
Income statement
Gross operating margin 9900€21k
Operating result 9901€19k
Financial charges 65€224
Result before taxes 9903€19k
Income taxes 67/77€4k
Net result for the period 9904€15k
Result to be appropriated 9905€15k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
93 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
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.

Pastoor Vendelmansstraat 171600 Sint-Pieters-Leeuw

Establishment units

1 location
AF TELECOM
Pastoor Vendelmansstraat 17, 1600 Sint-Pieters-LeeuwDraadgebonden en draadloze telecommunicatie en telecommunicatie via satelliet
since 20222.335.876.695
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area189 m²
Buildings1
Building footprint59 m²
Volume (LiDAR)579 m³
Tallest building11.8 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23077A0118/00A060 Flanders 189 m² 1 · 59 m² 11.8 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health93Profitability100Solvency100Growth52Stability94
88 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 93
Profitability 100
Solvency 100
Growth 52
Stability 94

Ask AI about this company

Checked AI

Soon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.

TryWhat are the main risks?Any recent red flags?Compare to sector peers
Coming soon

AI due-diligence brief

Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 128 of the 1,385 companies in this sector. 87 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Draadgebonden telecommunicatie61100Draadgebonden en draadloze telecommunicatie en telecommunicatie via satelliet61100Handelsbemiddeling in goederen, algemeen assortiment46190Handelsbemiddeling in de niet-gespecialiseerde groothandel46190Groothandel in informatie- en communicatieapparatuur46500Groothandel in andere kantoormachines en kantoorbenodigdheden, met uitzondering van computers en randapparatuur46660Wederverkoop van telecommunicatie en bemiddelingsactiviteiten in verband met telecommunicatie61200Overige telecommunicatie61900
Primary activity highlighted.
Names & trade names
Legal nameNL AF TELECOM
Registered office
Pastoor Vendelmansstraat 17
1600 Sint-Pieters-Leeuw, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.