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 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 38 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
AFC from Estaimpuis, company number BE0536172052, closed financial year 2025 with a result of € -119,793 after tax. For that financial year AFC recorded a gross margin of € 782,246 and equity of € -111,927. Compared with financial year 2024, the result moved from € -250,232 to € -119,793. 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 October 6, 2025.
€ -111,927
▲ € 130,207 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -119,793
▲ 52 % less loss than in 2024
Profit after tax over the fiscal year.
€ 2,608
▼ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.4 million.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 47,649
▼ 4% vs 2024
€ 47,600 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.
€ 2.7 million
▼ 6% vs 2024
Of which on lease € 2.7 million.
Debts at end 2025
€ 3.5 million
▼ 16% vs 2024
€ 663,981 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1 million
▲ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,383
▼ 49% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 838,873 | € 773,084 | € 781,316 | € 782,246 | |
| Profit after taxes | € -281,688 | € -212,960 | € -250,232 | € -119,793 | ▲ € 130,439 |
| Equity | € 221,057 | € 8,098 | € -242,134 | € -111,927 | ▲ € 130,207 |
| Total debts | € 6,872,231 | € 6,599,357 | € 6,440,004 | € 5,836,767 | ▼ 9% |
| Cash | € 4,646 | € 82,365 | € 3,428 | € 2,608 | ▼ 24% |
| Land & buildings | € 15,739 | € 14,529 | € 13,318 | € 12,107 | ▼ 9% |
| Retained profit | € -797,543 | € -1,010,502 | € -1,260,734 | € -1,380,527 | ▼ € 119,793 |
| Bank debt | € 5,603,677 | € 4,852,420 | € 4,153,787 | € 3,506,340 | ▼ 16% |
| Balance sheet total | € 7,093,288 | € 6,607,455 | € 6,197,870 | € 5,724,840 | ▼ 8% |
| Employees (FTE) | 1 | - | 1 | 1 |
Key figures of AFC, 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 October 2026.
What happened to AFC?
What happened at AFC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 119,793. Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Estaimpuis. KBO
In short
From € 281,688 loss in 2022 to € 119,793 loss in 2025.
On average € 782,200 of value added per employee in 2025.
Management
Behind AFC is Marc Vereecke. Marc Vereecke is also behind VEMARO and C.V.M..
Establishments
Establishment units
Physical locations of this company
Rue du Quai (SL) 17
7730 Estaimpuis
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0536.172.052
- VAT number
- BE 0536.172.052
- Registered office
- Rue du Quai (SL) 17, 7730 Estaimpuis
- Names & denominations
- AFC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 June 2013
- Peppol
- Active · Active since 27 Oct 2025
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