Afis
Open bankruptcyA bankruptcy procedure is open for Afis according to publications in the Belgian State Gazette; curator: PETER VERSTRAETEN.
Summary
The file additionally contains 1 administrative flag. The 2023 annual accounts show equity of €57k and a net result of €6k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 25-06-2024, 36 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
36 d early
2022
25 d early
2021
126 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2023, micro schema
Equity
€57k▲ 11.0%
2022 · €52k
2021: €33k
2022: €52k
2021 → 2023
Total assets
€147k▼ 15.0%
2022 · €173k
2021: €120k
2022: €173k
2021 → 2023
Net result
€6k▼ 69.8%
2022 · €19k
2021: €23k
2022: €19k
2021 → 2023
Working capital
€8k
2022 · €-920
2021: €-25k
2022: €-920
2021 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202120222023Trend
Equity€33k-€52k▲ 57.3%€57k▲ 11.0%
Operating result€28k-€25k▼ 8.7%€18k▼ 28.9%
Net result€23k-€19k▼ 17.5%€6k▼ 69.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2023 is 29% below 2022 and is the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €147k
Fixed assets
€49k ▼ 6.1%
Current assets
€97k ▼ 18.9%
Equity and liabilities €147k
Equity
€57k ▲ 11.0%
Debt
€90k ▼ 26.1%
Debt's share of the balance-sheet total falls from 70.2% to 61.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€29k▼
2022 · €35k
Cash flow
€16k▼
2022 · €28k
Current ratio
1.09▲
2022 · 0.99
Quick ratio
0.70▼
2022 · 0.75
Debt to equity
1.57▼
2022 · 2.35
ROE
9.9%▼
2022 · 36.4%
ROA
3.9%▼
2022 · 10.9%
Interest coverage
5.18▼
2022 · 45.57
Debt ≤ 1 year
€90k▼
2022 · €121k
Income taxes
€8k▲
2022 · €8k
Staff costs
€119k▼
2022 · €124k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 44 lines
Balance sheet
Code20222023
Assets
Total assets20/58€173k€147k▼
Fixed assets21/28€52k€49k▼
Tangible fixed assets22/27€23k€20k▼
Plant, machinery and equipment23€6k€12k▲
Furniture and vehicles24€18k€8k▼
Financial fixed assets28€29k€29k=
Current assets29/58€120k€97k▼
Amounts receivable after more than one year29€65k€44k▼
Other amounts receivable291€65k€44k▼
Stocks and contracts in progress3€29k€35k▲
Stocks30/36€29k€35k▲
Amounts receivable within one year40/41€4k€6k▲
Other amounts receivable41€4k€6k▲
Cash at bank and in hand54/58€21k€11k▼
Deferred charges and accrued income490/1€1k€781▼
Equity and liabilities
Total equity and liabilities10/49€173k€147k▼
Equity10/15€52k€57k▲
Contributions10/11€10k€10k=
Reserves13€42k€47k▲
Distributable reserves133€42k€47k▲
Amounts payable17/49€121k€90k▼
Amounts payable within one year42/48€121k€90k▼
Trade debts44€95k€59k▼
Suppliers440/4€95k€59k▼
Taxes, remuneration and social security45€26k€30k▲
Taxes450/3€14k€17k▲
Remuneration and social security454/9€12k€13k▲
Other amounts payable47/48€499€172▼
Income statement
Code20222023
Remuneration, social security and pensions62€124k€119k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€11k▲
Other operating charges640/8€5k€3k▼
Gross operating margin9900€163k€151k▼
Operating profit (loss)9901€25k€18k▼
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€759€6k▲
Recurring financial charges65€759€6k▲
Profit (loss) for the period before taxes9903€27k€14k▼
Income taxes67/77€8k€8k▲
Profit (loss) for the period9904€19k€6k▼
Profit (loss) for the period to be appropriated9905€19k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€19k€6k▼
Transfer to equity691/2€19k€6k▼
To other reserves6921€19k€6k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-12
KBO administration
Address struck
10-12
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 04-12-2025
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €6k ▼69.8%
Net result drops to €6k, the lowest in the series.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 126 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2021
Ground area
2,930 m²
Building footprint
529 m²
Volume, LiDAR
2,765 m³
2 parcels, Flanders · tallest building 9.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Afis
since 20212.314.663.191
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11037A0034/00N000 | Flanders | 2,851 m² | 1 · 473 m² | 9.3 m · 2 fl. |
| 11382C0135/00G004 | Flanders | 80 m² | 1 · 56 m² | 9.2 m · 3 fl. |
Linked by address, not proof of ownership
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PETER VERSTRAETEN DESGUINLEI 214,
2018 ANTWERPEN 1 |
04-12-2025 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteRumst2.314.663.191
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-02-2021
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:afisbv@gmail.com