Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
AFABO from Hamme (Vl.), company number BE0427183941, closed financial year 2025 with a result of € -58,319 after tax. For that financial year AFABO recorded a gross margin of € 26,021 and equity of € 993,897. Compared with financial year 2024, the result moved from € -79,051 to € -58,319. The company made a loss. 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 22, 2026.
€ 993,897
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -58,319
▲ 26 % less loss than in 2024
Profit after tax over the fiscal year.
€ 148,878
▼ 30% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 554,897.
People and assets in 2025
1.1
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 55,877
▲ 17% vs 2024
€ 50,800 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.
€ 1,337
▲ € 1,319 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 6,027
▲ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,288
▲ € 2,518 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 33,950 | € 7,742 | € 9,273 | € 26,021 | ▲ 181% |
| Profit after taxes | € -4,069 | € -62,984 | € -79,051 | € -58,319 | ▲ € 20,732 |
| Equity | € 1,194,251 | € 1,131,268 | € 1,052,216 | € 993,897 | ▼ 6% |
| Total debts | € 13,333 | € 20,027 | € 192,723 | € 186,561 | ▼ 3% |
| Cash | € 253,255 | € 221,091 | € 212,277 | € 148,878 | ▼ 30% |
| Land & buildings | € 654,260 | € 640,302 | € 786,922 | € 779,279 | ▼ 1% |
| Retained profit | € 755,251 | € 692,268 | € 613,216 | € 554,897 | ▼ 10% |
| Balance sheet total | € 1,331,607 | € 1,274,688 | € 1,367,703 | € 1,302,592 | ▼ 5% |
| Employees (FTE) | 1.4 | 1.2 | 1.2 | 1.1 | ▼ 0.1 |
Key figures of AFABO, 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 AFABO?
What happened at AFABO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 58,319. Source: NBB ↗
- Hugo Verleyen became a director. NBB
- New establishment in Hamme (Vl.). KBO
- Start of the company according to the CBE. KBO
In short
From € 4,069 loss in 2022 to € 58,319 loss in 2025.
On average € 23,700 of value added per employee in 2025.
Management
Behind AFABO is Hugo Verleyen. It owns 99% of Sebukol NV itself.
Directors
According to the 2025 annual accounts
since 2005
Establishments
Establishment units
Physical locations of this company
Noordstraat 12
9220 Hamme (Vl.)
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0427.183.941
- VAT number
- BE 0427.183.941
- Registered office
- Noordstraat 12, 9220 Hamme (Vl.)
- Names & denominations
- AFABO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 April 1985
- Peppol
- Active · Active since 7 Jan 2026
- Activities · NACE
Schrijnwerk
Schrijnwerk van hout of van kunststof