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 17.2 to 14.4.
Financials
Financial year 2024
AFMECH from Visé, company number BE0435909783, closed financial year 2024 with a result of € -188,216 after tax. For that financial year AFMECH recorded a gross margin of € 836,572 and equity of € 6.5 million. Compared with financial year 2023, the result moved from € 116,771 to € -188,216. 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 August 14, 2025.
€ 6.5 million
▼ 3% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -188,216
▼ still € 116,771 profit in 2023
Profit after tax over the fiscal year.
€ 793,905
▼ 25% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 6.3 million.
People and assets in 2024
14.4
▼ 0.6 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1 million
▲ 1% vs 2023
€ 72,700 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.
€ 103,207
▲ 139% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 90,276
▲ € 68,890 vs 2023
€ 31,348 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 637,204
▲ 14% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 225,096
▲ 23% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 1,054,702 | € 1,289,560 | € 1,327,193 | € 836,572 | ▼ 37% |
| Profit after taxes | € 2,036,486 | € 56,623 | € 116,771 | € -188,216 | ▼ € 304,988 |
| Equity | € 7,060,278 | € 6,664,767 | € 6,737,491 | € 6,505,545 | ▼ 3% |
| Total debts | € 793,722 | € 1,351,475 | € 808,371 | € 995,433 | ▲ 23% |
| Cash | € 2,858,870 | € 1,893,800 | € 1,061,461 | € 793,905 | ▼ 25% |
| Land & buildings | € 373,962 | € 410,755 | € 652,410 | € 640,251 | ▼ 2% |
| Retained profit | € 6,804,565 | € 6,410,432 | € 6,484,346 | € 6,253,273 | ▼ 4% |
| Dividend | € 42,857 | € 450,756 | € 42,857 | € 42,857 | |
| Bank debt | € 73,096 | € 35,006 | € 21,386 | € 90,276 | ▲ € 68,890 |
| Balance sheet total | € 7,879,666 | € 8,041,844 | € 7,570,949 | € 7,500,978 | ▼ 1% |
| Employees (FTE) | 18.2 | 17.2 | 15 | 14.4 | ▼ 0.6 |
Key figures of AFMECH, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to AFMECH?
What happened at AFMECH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 188,216 (▼ € 304,988 vs 2023). filed late Source: NBB ↗
- New establishment in Genk. KBO
- New establishment in Visé. KBO
- Start of the company according to the CBE. KBO
In short
From € 2 million profit in 2021 to € 188,216 loss in 2024.
Paid € 127,981 in corporate taxes since 2021.
Best year ever: 2021, with € 2 million profit.
On average € 58,100 of value added per employee in 2024.
Management
Behind AFMECH are André Franssen and Myriam Beckers. It owns 100% of Afmech SRL and 100% of Afmech GmbH itself.
Directors
According to the 2024 annual accounts
André Franssen
Managing director
Myriam Beckers
Director
Establishments
Establishment units
Physical locations of this company
Rue des Cyclistes Frontière(VIS) 2
4600 Visé
Nieuwpoortlaan 9
3600 Genk
Active since 2 July 1996
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0435.909.783
- VAT number
- BE 0435.909.783
- Registered office
- Rue des Cyclistes Frontière(VIS) 2, 4600 Visé
- Names & denominations
- AFMECH
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 1988
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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