Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
AFVO from Wavre, company number BE0716649757, closed financial year 2024 with a result of € 10,007 after tax. For that financial year AFVO recorded a gross margin of € 56,570 and equity of € -14,367. Compared with financial year 2023, the result moved from € -28,305 to € 10,007. Profitable, and profit is growing. 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 June 17, 2025.
€ -14,367
▲ € 10,007 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,007
▲ still € 28,305 loss in 2023
Profit after tax over the fiscal year.
€ 7,704
▼ 17% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -20,567.
People and assets in 2024
€ 26,628
▲ 20% vs 2023
Of which on lease € 13,829.
Debts at end 2024
€ 61,449
▼ 20% vs 2023
€ 12,602 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 6,347
▲ 235% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 281
▼ 16% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 68,545 | € 30,120 | € 18,716 | € 56,570 | ▲ 202% |
| Profit after taxes | € 22,355 | € -13,307 | € -28,305 | € 10,007 | ▲ € 38,312 |
| Equity | € 17,238 | € 3,932 | € -24,373 | € -14,367 | ▲ € 10,007 |
| Total debts | € 322,400 | € 311,934 | € 287,830 | € 344,849 | ▲ 20% |
| Cash | € 15,671 | € 17,998 | € 9,266 | € 7,704 | ▼ 17% |
| Retained profit | € 11,038 | € -2,268 | € -30,573 | € -20,567 | ▲ € 10,007 |
| Bank debt | € 110,828 | € 93,565 | € 77,204 | € 61,449 | ▼ 20% |
| Balance sheet total | € 339,639 | € 315,866 | € 263,457 | € 330,482 | ▲ 25% |
Key figures of AFVO, fiscal years 2021 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 AFVO?
What happened at AFVO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 10,007. Source: NBB ↗
- New establishment in Wavre. KBO
- Frédéric Van Oost became a director. NBB
- Alexia Boes became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 22,355 profit in 2021 to € 10,007 profit in 2024.
Paid € 6,772 in corporate taxes since 2021.
Best year ever: 2021, with € 22,355 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind AFVO are Frédéric Van Oost and Alexia Boes.
Directors
According to the 2024 annual accounts
Frédéric Van Oost
Director
since 2018
Alexia Boes
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Rue d'Angoussart 45
1301 Wavre
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0716.649.757
- VAT number
- BE 0716.649.757
- Registered office
- Rue d'Angoussart 45, 1301 Wavre
- Names & denominations
- AFVO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 2018
- Peppol
- Active · Active since 12 Dec 2025
- Activities · NACE
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