AFR CONSTRUCT

Active

Private limited companyfounded 20214 yrs activeKBO/BCE: BE 0775.483.128

Summary

The computed 12-month bankruptcy probability of AFR CONSTRUCT is 13.8% (high). The 2022 annual accounts show equity of €4,340 and a net result of €4,340. Its solvency ranks better than 25% of 755 sector peers (fiscal year 2022). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

AFR CONSTRUCTActive

Risk analysis Report Compare

Activity

Manufacture of metal structures and parts of structures

NACE 25110

Size

€17,810total assets 2022

Equity: €4,340
Profit: €4,340

Financial health

Bankruptcy chance 12 m: 13.8%

2022 figures too old to score

Structure

Accounts filed 31 d late0 of 1 deed read

Signals- Figures for FY 2022 (filed 07-09-2023)- 3 financial years not filed after the legal deadline; latest accounts 31 days late; 1 of the last 3 late- No establishment unit in the KBO- Size: total assets €17,810Filed after the deadlineShow the evidence

Checked score

No current score

Figures too old

The available figures for FY 2022 are too old to assess current financial health.

Bankruptcy probability: High

Financial strength, FY 2022

Strong

Solvency 49

equity 24.4% of total assets

Liquidity 36

short-term debt 75.6% · cash 21.3%

Profitability 98

return on assets 24.4%

Bankruptcy probability, 12 months

13.8% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,670 companies)

Last 24 months 11-2024: 6.6%lowest value 12-2024: 8.2%▲ +25.6% vs 11-2024 01-2025: 11.8%▲ +43.6% vs 12-2024 02-2025: 11.8%● 0.0% vs 01-2025 03-2025: 12.2%▲ +3.0% vs 02-2025 04-2025: 11.1%▼ -8.6% vs 03-2025 05-2025: 11.1%● 0.0% vs 04-2025 06-2025: 10.2%▼ -7.9% vs 05-2025 07-2025: 10.2%▼ -0.5% vs 06-2025 08-2025: 13.2%▲ +29.0% vs 07-2025 09-2025: 13.2%● 0.0% vs 08-2025 10-2025: 14.7%▲ +11.5% vs 09-2025 11-2025: 14.7%● 0.0% vs 10-2025 12-2025: 14.7%● 0.0% vs 11-2025 01-2026: 14.7%● 0.0% vs 12-2025 02-2026: 14.7%● 0.0% vs 01-2026 03-2026: 14.7%● 0.0% vs 02-2026 04-2026: 14.7%● 0.0% vs 03-2026 05-2026: 14.7%● 0.0% vs 04-2026 06-2026: 14.7%● 0.0% vs 05-2026 07-2026: 14.7%● +0.0% vs 06-2026highest value 08-2026: 13.9%▼ -5.4% vs 07-2026 09-2026: 13.9%▲ +0.3% vs 08-2026 10-2026: 13.8%▼ -1.2% vs 09-2026

Figures for FY 2022 (filed 07-09-2023) raises the probability
3 financial years not filed after the legal deadline; latest accounts 31 days late; 1 of the last 3 late raises the probability
No establishment unit in the KBO raises the probability
Size: total assets €17,810 raises the probability for this profile

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Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Figures for FY 2022 (filed 07-09-2023)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

3 financial years not filed after the legal deadline; latest accounts 31 days late; 1 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

No establishment unit in the KBO

In the bankruptcy model this factor raises the probability.

KBO · seat and establishments

Size: total assets €17,810

In the bankruptcy model this factor raises the probability for this profile.

NBB · annual accounts

Filed after the deadline

The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-08-2023, 31 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.

NBB · 1 filing

Deviation from the deadline

2022

31 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its 2022 accounts 31 days after the deadline; the sector median for financial year 2022 is 5 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

31-08-23 Annual accounts filedfiscal year 2022 · full…

Key points

Caution: Among the weakest 5% on equitysector median €965,603 · 755 companies €4,340 View
Active since 2021founded 07-10-2021 4 years View
Total assets 2022first fiscal year filed €17,810 View