Active · per the CBE, 30 October 2026

AFRIT 18 E40

BE0438066252

Rechtspersoon Private limited company 1 establishment

AFRIT 18 E40 is a shop in Erpe-Mere. Private Limited, started on 31 July 1989, 1 establishment.

Oudenaardsesteenweg 397, 9420 Erpe-Mere

Behind the company: Rina FOSSELLE.

Active for

37 year, 2 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Two loss years in a row NBB

    Negative result in 2024 and 2025.

  • Tight liquidity NBB

    Cash and receivables cover 22 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

AFRIT 18 E40 from Erpe-Mere, company number BE0438066252, closed financial year 2025 with a result of € -11,631 after tax. For that financial year AFRIT 18 E40 recorded a gross margin of € 2,869 and equity of € 9,824. Compared with financial year 2024, the result moved from € -29,086 to € -11,631. The company made a loss. The buffer shrank hard: equity is 54 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.

What it is worth Shrank hard

€ 9,824

▼ 54% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -11,631

▲ 60 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 31,670

▲ 64% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -8,776.

People and assets in 2025

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 6,021

▼ 31% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 12 years to go

€ 119,115

▼ 3% vs 2024

€ 3,309 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.

Owed to suppliers

€ 49,411

▼ 18% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 1,161

▲ 97% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € -1,131 € -14,388 € -10,892 € 2,869 ▲ € 13,761
Profit after taxes € -24,128 € -31,733 € -29,086 € -11,631 ▲ € 17,455
Equity € 82,274 € 50,542 € 21,456 € 9,824 ▼ 54%
Total debts € 151,812 € 197,019 € 208,522 € 222,917 ▲ 7%
Cash € 15,741 € 24,804 € 19,357 € 31,670 ▲ 64%
Land & buildings € 35,858 € 34,135 € 32,412 € 30,689 ▼ 5%
Retained profit € 63,674 € 31,942 € 2,856 € -8,776 ▼ € 11,631
Bank debt € 90,195 € 125,212 € 122,247 € 119,115 ▼ 3%
Balance sheet total € 234,087 € 247,560 € 229,977 € 232,741 ▲ 1%
Employees (FTE) 0.2 0.2 0 0

Key figures of AFRIT 18 E40, 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 AFRIT 18 E40?

What happened at AFRIT 18 E40 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: loss of € 11,631. filed late Source: NBB ↗
  • New establishment in Erpe-Mere. KBO
  • Start of the company according to the CBE. KBO

In short

From € 24,128 loss in 2022 to € 11,631 loss in 2025.

Paid € 5,275 in corporate taxes since 2022.

Management

LOES 100%

The stake of LOES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

AFRIT 18 E40

Behind AFRIT 18 E40 is Rina FOSSELLE. The shares are held by LOES (100%).

Directors

According to the 2025 annual accounts

Rina FOSSELLE

Director

Also active at: LOES

Shareholders

LOES

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Oudenaardsesteenweg 397

9420 Erpe-Mere

2.044.487.311

Oudenaardsesteenweg 395

9420 Erpe-Mere

Active since 18 August 1989

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
0438.066.252
VAT number
BE 0438.066.252
Registered office
Oudenaardsesteenweg 397, 9420 Erpe-Mere
Names & denominations
AFRIT 18 E40
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
31 July 1989
Peppol
Active · Active since 12 Feb 2025
Activities · NACE

Detailhandel in kranten en andere tijdschriften

Detailhandel in boeken, kranten, tijdschriften en kantoorbehoeften

Detailhandel in kranten en kantoorbehoeften in gespecialiseerde winkels

Frequently asked questions

What does AFRIT 18 E40 do?
AFRIT 18 E40 is a shop in Erpe-Mere. Private Limited, started on 31 July 1989, 1 establishment.
What is the address of AFRIT 18 E40?
The registered office of AFRIT 18 E40 is located at Oudenaardsesteenweg 397, 9420 Erpe-Mere.
Is AFRIT 18 E40 still active?
Yes. According to the CBE (30 October 2026) AFRIT 18 E40 is active, legal situation “Normale toestand”, started on 31 July 1989.
Is AFRIT 18 E40 registered on Peppol?
Yes, AFRIT 18 E40 is registered on the Peppol network with ID 0208:0438066252.
What is the enterprise number of AFRIT 18 E40?
The enterprise number of AFRIT 18 E40 is BE0438066252.
When was AFRIT 18 E40 founded?
AFRIT 18 E40 was founded on 31 July 1989.