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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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
THE AFRICAN CONNECTION from Jabbeke, company number BE0473101761, closed financial year 2025 with a result of € -30,639 after tax. For that financial year THE AFRICAN CONNECTION recorded a gross margin of € -27,996 and equity of € 3,381. Compared with financial year 2024, the result moved from € 101 to € -30,639. The company made a loss. The buffer shrank hard: equity is 90 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ 3,381
▼ 90% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -30,639
▼ still € 101 profit in 2024
Profit after tax over the fiscal year.
€ 2,792
▼ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -15,219.
People and assets in 2025
€ 13
▼ 97% 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.
€ 3,817
▲ € 3,806 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,505
▲ 11% 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 | |
|---|---|---|---|---|---|
| Revenue | € 70,443 | € 87,340 | - | - | |
| Gross margin | € -11,528 | € -19,191 | € 2,454 | € -27,996 | ▼ € 30,450 |
| Profit after taxes | € -14,225 | € -20,671 | € 101 | € -30,639 | ▼ € 30,741 |
| Equity | € 54,590 | € 33,919 | € 34,021 | € 3,381 | ▼ 90% |
| Total debts | € 215,237 | € 200,244 | € 196,628 | € 202,584 | ▲ 3% |
| Cash | € 3,003 | € 4,357 | € 13,994 | € 2,792 | ▼ 80% |
| Land & buildings | € 3,232 | € 2,453 | € 1,833 | € 1,384 | ▼ 24% |
| Retained profit | € 35,990 | € 15,319 | € 15,421 | € -15,219 | ▼ € 30,639 |
| Balance sheet total | € 269,827 | € 234,163 | € 230,649 | € 205,965 | ▼ 11% |
Key figures of THE AFRICAN CONNECTION, 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 THE AFRICAN CONNECTION?
What happened at THE AFRICAN CONNECTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 30,639 (▼ € 30,741 vs 2024). Source: NBB ↗
- New establishment in Jabbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,225 loss in 2022 to € 30,639 loss in 2025.
Best year ever: 2024, with € 101 profit.
Establishments
Establishment units
Physical locations of this company
Gistelsteenweg 132 box B
8490 Jabbeke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
WIX_COM, IL
Website info
Features
Security
Details
- Company number
- 0473.101.761
- VAT number
- BE 0473.101.761
- Registered office
- Gistelsteenweg 132 bus B, 8490 Jabbeke
- Names & denominations
- THE AFRICAN CONNECTION · THE AFRICAN C.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 October 2000
- Peppol
- Active · Active since 26 Mar 2025
- Contact
- theafrican.be +32 479 33 93 43
- Activities · NACE
Detailhandel in antiquiteiten