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 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
AFG COMPANY from Quévy, company number BE0675440890, closed financial year 2023 with a result of € -4,829 after tax. For that financial year AFG COMPANY recorded revenue of € 27,968 and equity of € -6,019. Compared with financial year 2022, the result moved from € -3,034 to € -4,829. 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 September 30, 2024.
€ -6,019
▼ € 1,995 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,829
▼ 59 % more loss than in 2022
Profit after tax over the fiscal year.
€ 203
▼ 14% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -13,235.
People and assets in 2023
€ 15,443
▲ 33% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 3,531
▲ 4% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 3,891
▲ € 3,035 vs 2022
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Revenue | € 6,985 | - | € 27,968 | |
| Gross margin | € 5,165 | € 9,277 | € 10,970 | ▲ 18% |
| Profit after taxes | € -2,397 | € -3,034 | € -4,829 | ▼ € 1,795 |
| Equity | € -2,007 | € -4,024 | € -6,019 | ▼ € 1,995 |
| Total debts | € 3,320 | € 4,259 | € 7,421 | ▲ 74% |
| Cash | € 1,314 | € 235 | € 203 | ▼ 14% |
| Retained profit | € -8,207 | € -11,240 | € -13,235 | ▼ € 1,995 |
| Balance sheet total | € 1,314 | € 235 | € 1,403 | ▲ € 1,167 |
Key figures of AFG COMPANY, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to AFG COMPANY?
What happened at AFG COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
AFG COMPANY is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 4,829. filed late Source: NBB ↗
- Abdul Saburi became a director. NBB
- New establishment in Quévy. KBO
- Saboori Abdul became a director. NBB
- New establishment in Colfontaine. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,397 loss in 2021 to € 4,829 loss in 2023.
Management
Behind AFG COMPANY are Saboori Abdul and Abdul Saburi.
Directors
According to the 2023 annual accounts
Saboori Abdul
Director
since 2021
Abdul Saburi
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Route de Mons-Maubeuge(HAV) 12A
7041 Quévy
Avenue Docteur Schweitzer 4
7340 Colfontaine
Active since 5 May 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0675.440.890
- VAT number
- BE 0675.440.890
- Registered office
- Route de Mons-Maubeuge(HAV) 12A, 7041 Quévy
- Names & denominations
- AFG COMPANY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 4 May 2017
- Peppol
- Not registered