Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 109.6 to 94.2.
Financials
Financial year 2025
ATF from Antwerpen, company number BE0406325674, closed financial year 2025 with a result of € 1.4 million after tax. For that financial year ATF recorded revenue of € 19.6 million and equity of € 4.6 million. Compared with financial year 2024, the result moved from € 1.1 million to € 1.4 million. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ 4.6 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.4 million
▲ 26% vs 2024
Profit after tax over the fiscal year.
€ 1.1 million
▼ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.4 million paid out
100 % of the profit went to the shareholders, mostly to IBF (100 % of the shares). That is where the money ends up.
People and assets in 2025
94.2
▼ 7.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 7.1 million
▼ 4% vs 2024
€ 74,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 781,882
▼ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.5 million
€ 326,573 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 3.4 million
▲ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 121 days on average.
€ 398,562
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 21,002,475 | € 19,470,743 | € 16,888,053 | € 19,584,150 | ▲ 16% |
| Profit after taxes | € 1,461,624 | € 1,400,914 | € 1,144,503 | € 1,444,641 | ▲ 26% |
| Equity | € 4,298,002 | € 4,557,606 | € 4,556,970 | € 4,555,816 | |
| Total debts | € 4,357,501 | € 4,638,330 | € 4,233,729 | € 6,814,857 | ▲ 61% |
| Cash | € 1,393,249 | € 1,715,371 | € 1,461,701 | € 1,062,443 | ▼ 27% |
| Land & buildings | € 50,090 | € 102,203 | € 70,603 | € 39,004 | ▼ 45% |
| Retained profit | € 3,578,023 | € 3,837,627 | € 3,836,990 | € 3,835,837 | |
| Dividend | € 1,336,640 | € 1,141,310 | € 1,145,140 | € 1,445,795 | ▲ 26% |
| Bank debt | € 0 | € 0 | € 0 | € 1,540,023 | |
| Balance sheet total | € 8,655,504 | € 9,195,936 | € 8,790,699 | € 11,370,674 | ▲ 29% |
| Employees (FTE) | 108 | 109.6 | 102 | 94.2 | ▼ 7.8 |
Key figures of ATF, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ATF?
What happened at ATF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.4 million (▲ 26% vs 2024). Source: NBB ↗
- New establishment in Antwerpen. KBO
- INFRA GROEP FRIJTERS NV became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.5 million profit in 2022 to € 1.4 million profit in 2025.
Paid € 1 million in corporate taxes since 2022.
Best year ever: 2022, with € 1.5 million profit.
Paid out € 5.1 million in dividends to the owners in total.
A new publication or filing at ATF? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of IBF, INFRA GROEP FRIJTERS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ATFBehind ATF is INFRA GROEP FRIJTERS NV. The shares are held by IBF (100%) and INFRA GROEP FRIJTERS (0%).
Directors
According to the 2025 annual accounts
since 2021
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Het Voorhof 5
2040 Antwerpen
Scheldelaan 600 box ATF
2040 Antwerpen
Active since 8 August 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0406.325.674
- VAT number
- BE 0406.325.674
- Registered office
- Het Voorhof 5, 2040 Antwerpen
- Names & denominations
- ATF
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 February 1968
- Peppol
- Active · Active since 24 Apr 2025
- Activities · NACE
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