Active · per the CBE, 16 September 2026

A.A.F. - INVEST

BE0475764016

Rechtspersoon Private limited company 1 establishment

A.A.F. - INVEST is registered with the CBE as active in: Activiteiten van holdings. Private Limited, started on 3 October 2001, 1 establishment.

Iepersteenweg 78, 8650 Houthulst

Behind the company: Alexander Decruy, Frederik Decruy, André Decruy.

Active for

24 year, 11 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 2024.

  • Tight liquidity NBB

    Cash and receivables cover 24 % of short-term debt in 2024; threshold 65 %.

  • Figures corrected NBB

    Corrected annual account filed for 2024.

Financials

Financial year 2024

A.A.F. - INVEST from Houthulst, company number BE0475764016, closed financial year 2024 with a result of € -153,359 after tax. For that financial year A.A.F. - INVEST recorded a gross margin of € 261,933 and equity of € 9 million. Compared with financial year 2024, the result moved from € -153,359 to € -153,359. 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 26, 2025.

What it is worth Healthy

€ 9 million

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

Loss Caution

€ -153,359

Profit after tax over the fiscal year.

Cash in the bank

€ 554

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 € 7 million.

People and assets in 2024

Full-time equivalents

2.9

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 258,414

€ 89,100 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.

Vehicles and equipment

€ 73,827

Of which on lease € 73,827.

Debts at end 2024

Bank debt ≈ 40 years to go

€ 889,880

€ 22,380 is repaid this year. At this pace the long-term loan is gone in ≈ 40 years.

Owed to suppliers

€ 239,977

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

Taxes and wages

€ 26,263

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242024Change 2024 → 2024
Gross margin € 317,898 € 286,946 € 261,933 € 261,933
Profit after taxes € -51,251 € -135,031 € -153,359 € -153,359
Equity € 9,272,777 € 9,137,746 € 8,984,387 € 8,984,387
Total debts € 2,622,587 € 2,829,871 € 2,939,458 € 2,939,458
Cash € 1,010 € 1,779 € 554 € 554
Land & buildings € 905,756 € 851,074 € 796,393 € 796,393
Retained profit € 7,272,777 € 7,137,746 € 6,984,387 € 6,984,387
Bank debt € 1,274,759 € 1,158,981 € 889,880 € 889,880
Balance sheet total € 11,895,364 € 11,967,617 € 11,923,846 € 11,923,846
Employees (FTE) 4.3 3.7 2.9 2.9

Key figures of A.A.F. - INVEST, 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 31 July 2026.

What happened to A.A.F. - INVEST?

What happened at A.A.F. - INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • Corrected annual accounts filed for financial year 2024. filed late Source: NBB ↗
  • New establishment in Houthulst. KBO
  • Start of the company according to the CBE. KBO

In short

From € 51,251 loss in 2022 to € 153,359 loss in 2024.

Paid € 9,480 in corporate taxes since 2022.

On average € 90,300 of value added per employee in 2024.

Management

Alexander Decruy
Frederik Decruy
André Decruy
A.A.F. - INVEST

Behind A.A.F. - INVEST are Alexander Decruy, Frederik Decruy and André Decruy. It owns 100% of Immo Decruy, 98% of Decruy Transport and 95.1% of Decruy itself.

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Directors

According to the 2024 annual accounts

Alexander Decruy

Director

Also active at: Decruy, DECRUY TRANSPORT, DALEXA

Frederik Decruy

Director

Also active at: Decruy

André Decruy

Director

Also active at: Decruy, IMMO DECRUY

Establishments

Establishment units

Physical locations of this company

Registered office

Iepersteenweg 78

8650 Houthulst

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
0475.764.016
VAT number
BE 0475.764.016
Registered office
Iepersteenweg 78, 8650 Houthulst
Names & denominations
A.A.F. - INVEST
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
3 October 2001
Peppol
Active · Active since 1 Jan 2001
Activities · NACE

Activiteiten van holdings

Managementactiviteiten van holdings

Holdings

Handel in onroerend goed

Handel in eigen onroerend goed

Frequently asked questions

What does A.A.F. - INVEST do?
A.A.F. - INVEST is registered with the CBE as active in: Activiteiten van holdings. Private Limited, started on 3 October 2001, 1 establishment.
What is the address of A.A.F. - INVEST?
The registered office of A.A.F. - INVEST is located at Iepersteenweg 78, 8650 Houthulst.
Is A.A.F. - INVEST still active?
Yes. According to the CBE (16 September 2026) A.A.F. - INVEST is active, legal situation “Normale toestand”, started on 3 October 2001.
Is A.A.F. - INVEST registered on Peppol?
Yes, A.A.F. - INVEST is registered on the Peppol network with ID 0208:0475764016.
What is the enterprise number of A.A.F. - INVEST?
The enterprise number of A.A.F. - INVEST is BE0475764016.
When was A.A.F. - INVEST founded?
A.A.F. - INVEST was founded on 3 October 2001.