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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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2024; threshold 65 %.
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Annual account missing NBB
Fiscal year 2025 was expected before 30 January 2026 and has not been filed.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
ALLFURN PROJECTS from Izegem, company number BE0447093289, closed financial year 2024 with a result of € -728 after tax. For that financial year ALLFURN PROJECTS recorded a gross margin of € -64 and equity of € -142,630. Compared with financial year 2023, the result moved from € -610 to € -728. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 6, 2025.
€ -142,630
▼ € 728 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -728
▼ 19 % more loss than in 2023
Profit after tax over the fiscal year.
€ 29
▼ 77% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -223,195.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 384
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € -55 | - | € -64 | |
| Profit after taxes | € -624 | € -610 | € -728 | ▼ € 118 |
| Equity | € -141,292 | € -141,902 | € -142,630 | ▼ € 728 |
| Total debts | € 186,552 | € 186,204 | € 186,589 | |
| Cash | € 586 | € 129 | € 29 | ▼ 77% |
| Retained profit | € -221,858 | € -222,467 | € -223,195 | |
| Balance sheet total | € 45,260 | € 44,302 | € 43,959 | ▼ 1% |
Key figures of ALLFURN PROJECTS, fiscal years 2022 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 30 January 2026.
What happened to ALLFURN PROJECTS?
What happened at ALLFURN PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 728. filed late Source: NBB ↗
- Rita DESMET became a director. NBB
- Francis DESMET became a director. NBB
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 624 loss in 2022 to € 728 loss in 2024.
Management
Behind ALLFURN PROJECTS are Francis DESMET and Rita DESMET. Rita DESMET is also behind ARIDO.
Directors
According to the 2024 annual accounts
Francis DESMET
Manager
since 1996
since 2000
Establishments
Establishment units
Physical locations of this company
Koning Boudewijnstraat 18
8870 Izegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0447.093.289
- VAT number
- BE 0447.093.289
- Registered office
- Koning Boudewijnstraat 18, 8870 Izegem
- Names & denominations
- ALLFURN PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 April 1992
- Peppol
- Not registered