AFC MORTSEL
The computed 12-month bankruptcy probability of AFC MORTSEL is 5.5% (elevated). The 2024 annual accounts show negative equity (€-19k) and a net result of €20k. Equity is shrinking by ~30.1% per year across the filed fiscal years. Its solvency ranks better than 13% of 5650 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-19k |
| Net result | €20k |
| Better than sector | 13% |
| Active | 5 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -59.9% | 19.3% | |
| Net result | €20k | €4k | |
| Equity | €-19k | €14k | |
| Gross operating margin | €57k | €52k | |
| Staff costs | €27k | €49k |
Show 8 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €28k |
| Net profit | €20k |
| Cash flow | €27k |
| Staff costs | €27k |
| Income taxes | - |
| Dividends | - |
| Total assets | €32k |
| Equity | €-19k |
| Debt | €51k |
| of which ≤ 1y | €51k |
| of which > 1y | - |
| Working capital | €-36k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.30 |
| Quick ratio | 0.26 |
| Working capital ratio | -112.0% |
| Solvency | -59.9% |
| Debt / equity | -2.67 |
| Long-term debt ratio | - |
| Interest coverage | 24.93 |
| Gross margin | - |
| Net margin | - |
| ROA | 61.4% |
| ROE | -102.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (20 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €32k |
| Fixed assets | 21/28 | €17k |
| Tangible fixed assets | 22/27 | €17k |
| Current assets | 29/58 | €15k |
| Stocks & contracts in progress | 3 | €2k |
| Amounts receivable within one year | 40/41 | €2k |
| Cash & bank | 54/58 | €12k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €32k |
| Equity | 10/15 | €-19k |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €-39k |
| Amounts payable | 17/49 | €51k |
| Amounts payable within one year | 42/48 | €51k |
| Trade debts payable within one year | 44 | €8k |
| Income statement | ||
| Gross operating margin | 9900 | €57k |
| Operating result | 9901 | €21k |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €20k |
| Net result for the period | 9904 | €20k |
| Result to be appropriated | 9905 | €20k |
-
Current01-07-2026 → present
Former directors (1)
-
Former- → 01-07-2026
| NACE primary | Activiteiten van eetgelegenheden met volledige bediening(56111) |
| Legal form | Private limited company(610) |
| Incorporation | 28-02-2021 |
| Status | Active |
| Postal code | 2640 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11513C0265/00F003 | Flanders | 96 m² | 1 · 77 m² | 10.2 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
14-08-2026 General meeting · Share transfer · Officer appointment · Officer resignation
- Publication: 14/08/2026 · AFC MORTSEL
- Filing: 05/08/2025 · AFC MORTSEL
- General meeting: 01/07/2026 · AFC MORTSEL
- Share transfer: count: 200 · ALKSSO Ahmed
- Officer appointment: role: bestuurder, start_date: 2026-07-01 · SAEED Muaadh Abdulmawla
- Officer resignation: role: bestuurder, end_date: 2026-07-01 · ALKSSO Ahmed
Technical details
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]
}22-06-2023 All shares are now held by a single shareholder
Technical details
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}| Legal nameNL | AFC MORTSEL |