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 4 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 33 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
AF-wood concept from Zonnebeke, company number BE0774815709, closed financial year 2025 with a result of € -1,913 after tax. For that financial year AF-wood concept recorded a gross margin of € 11,489 and equity of € -10,100. Compared with financial year 2024, the result moved from € -82 to € -1,913. 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 August 24, 2026.
€ -10,100
▼ € 1,913 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,913
▼ 2221 % more loss than in 2024
Profit after tax over the fiscal year.
€ 5,381
▲ € 5,352 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -11,100.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 18,779
▼ 32% vs 2024
Of which on lease € 12,865.
Debts at end 2025
€ 13,252
▼ 39% vs 2024
€ 6,237 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 469
▼ 89% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 305
▲ 30% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,962 | € 8,820 | € 12,723 | € 11,489 | ▼ 10% |
| Profit after taxes | € -6,135 | € -2,971 | € -82 | € -1,913 | ▼ € 1,830 |
| Equity | € -5,135 | € -8,105 | € -8,188 | € -10,100 | ▼ € 1,913 |
| Total debts | € 31,857 | € 62,031 | € 48,878 | € 39,434 | ▼ 19% |
| Cash | € 2,182 | € 5 | € 28 | € 5,381 | ▲ € 5,352 |
| Retained profit | € -6,135 | € -9,105 | € -9,188 | € -11,100 | ▼ € 1,913 |
| Bank debt | € 11,248 | € 30,552 | € 21,656 | € 13,252 | ▼ 39% |
| Balance sheet total | € 26,722 | € 53,925 | € 40,691 | € 29,334 | ▼ 28% |
Key figures of AF-wood concept, 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 AF-wood concept?
What happened at AF-wood concept in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,913. filed late Source: NBB ↗
- New establishment in Zonnebeke. KBO
- Andy FLAMENT became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 6,135 loss in 2022 to € 1,913 loss in 2025.
Paid € 376 in corporate taxes since 2022.
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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 AF-wood concept is Andy FLAMENT.
Directors
According to the 2025 annual accounts
Andy FLAMENT
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Nonnebossenstraat 2
8980 Zonnebeke
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
Self-hosted
Hosting
OVH, FR
Website info
Features
Security
Details
- Company number
- 0774.815.709
- VAT number
- BE 0774.815.709
- Registered office
- Nonnebossenstraat 2, 8980 Zonnebeke
- Names & denominations
- AF-wood concept
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 September 2021
- Peppol
- Active · Active since 19 Nov 2025
- Contact
- af-woodconcept.be 0472 94 90 64
- Activities · NACE
Schrijnwerk
Zagen en schaven van hout
Groothandel in hout
Dakwerkzaamheden
Vervaardiging van kantoor- en winkelmeubelen
Overige zakelijke dienstverlening, neg