Financials
Financial year 2024
AFECO from Gent, company number BE0803031128, closed financial year 2024 with a result of € 71,061 after tax. For that financial year AFECO recorded a gross margin of € 120,293 and equity of € 97,059. Compared with financial year 2023, the result moved from € 22,998 to € 71,061. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2025.
€ 97,059
▲ 273% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 71,061
▲ 209% vs 2023
Profit after tax over the fiscal year.
€ 77,477
▲ € 59,228 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 € 94,059.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 18,260
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 31,406
▲ 32% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 4,150
▲ 144% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 43,060
▲ 179% vs 2023
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Gross margin | € 31,037 | € 120,293 | ▲ 288% |
| Profit after taxes | € 22,998 | € 71,061 | ▲ 209% |
| Equity | € 25,998 | € 97,059 | ▲ 273% |
| Total debts | € 30,857 | € 47,210 | ▲ 53% |
| Cash | € 18,250 | € 77,477 | ▲ € 59,228 |
| Retained profit | € 22,998 | € 94,059 | ▲ € 71,061 |
| Balance sheet total | € 56,856 | € 144,269 | ▲ 154% |
Key figures of AFECO, fiscal years 2023 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 AFECO?
What happened at AFECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 71,061 (▲ 209% vs 2023). filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
- Abdelwaheb Ferjaoui became a director. NBB
In short
From € 22,998 profit in 2023 to € 71,061 profit in 2024.
Paid € 24,985 in corporate taxes since 2023.
Best year ever: 2024, with € 71,061 profit.
Management
Behind AFECO is Abdelwaheb Ferjaoui.
Directors
According to the 2024 annual accounts
Abdelwaheb Ferjaoui
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Maaltemeers 8
9052 Gent
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
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
de12deman.com
Registered
2012-12-19
Registrar
Nomeo BV
Expires
2026-12-19
Website info
Features
Security
Network
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- FERJAOUI Abdelwaheb(oprichter) 100%
Details
- Company number
- 0803.031.128
- VAT number
- BE 0803.031.128
- Registered office
- Maaltemeers 8, 9052 Gent
- Names & denominations
- AFECO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 June 2023
- Peppol
- Active · Active since 3 Dec 2025
- Contact
- de12deman.com
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