AFSAM is a civil engineering contractor in Waasmunster. Private Limited, started on 4 September 2012, 1 establishment.

What is the address of AFSAM?

The registered office of AFSAM is located at Oudeheerweg-Heide 59, 9250 Waasmunster.

Is AFSAM still active?

Yes. According to the CBE (15 November 2026) AFSAM is active, legal situation “Normale toestand”, started on 4 September 2012.

Is AFSAM registered on Peppol?

Yes, AFSAM is registered on the Peppol network with ID 0208:0848409114.

What is the enterprise number of AFSAM?

The enterprise number of AFSAM is BE0848409114.

When was AFSAM founded?

AFSAM was founded on 4 September 2012.

Is AFSAM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 4 September 2012; 4 annual accounts filed, latest fiscal year 2025.

How much profit did AFSAM make in 2025?

AFSAM posted a profit after taxes of € 73,795 in financial year 2025.

What is the revenue of AFSAM?

As a small company, AFSAM is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 496,123.

AFSAM (Private Limited) - Waasmunster - BE0848409114

Dossier AFSAM, printed on 15 November 2026 from databakkes.be/en/0848409114/afsam. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

AFSAM from Waasmunster, company number BE0848409114, closed financial year 2025 with a result of € 73,795 after tax. For that financial year AFSAM recorded a gross margin of € 496,123 and equity of € 251,105. Compared with financial year 2024, the result moved from € 32,850 to € 73,795. 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 November 26, 2025.

What it is worth Growing

€ 251,105

▲ 42% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 73,795

▲ 125% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 172,725

▲ 151% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 238,905.

People and assets in 2025

Wage cost

€ 339,536

▲ 23% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 113,444

▲ 5% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 1 years to go

€ 139,483

▼ 7% vs 2024

€ 124,565 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 39,341

▲ 13% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 30,478

▼ 7% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 131,519 Gross margin 2022: € 131,519 First fiscal year in the series	€ 416,129 Gross margin 2023: € 416,129 ▲ 216% vs 2022 (€ 131,519) Favourable step	€ 386,157 Gross margin 2024: € 386,157 ▼ 7% vs 2023 (€ 416,129) Unfavourable step	€ 496,123 Gross margin 2025: € 496,123 ▲ 28% vs 2024 (€ 386,157) Favourable step	▲ 28%
Profit after taxes	€ 19,523 Profit after taxes 2022: € 19,523 First fiscal year in the series	€ 80,550 Profit after taxes 2023: € 80,550 ▲ € 61,027 vs 2022 (€ 19,523) Favourable step	€ 32,850 Profit after taxes 2024: € 32,850 ▼ 59% vs 2023 (€ 80,550) Unfavourable step	€ 73,795 Profit after taxes 2025: € 73,795 ▲ 125% vs 2024 (€ 32,850) Favourable step	▲ 125%
Equity	€ 150,050 Equity 2022: € 150,050 First fiscal year in the series	€ 144,460 Equity 2023: € 144,460 ▼ 4% vs 2022 (€ 150,050) Unfavourable step	€ 177,310 Equity 2024: € 177,310 ▲ 23% vs 2023 (€ 144,460) Favourable step	€ 251,105 Equity 2025: € 251,105 ▲ 42% vs 2024 (€ 177,310) Favourable step	▲ 42%
Total debts	€ 208,896 Total debts 2022: € 208,896 First fiscal year in the series	€ 300,406 Total debts 2023: € 300,406 ▲ 44% vs 2022 (€ 208,896) Unfavourable step	€ 218,066 Total debts 2024: € 218,066 ▼ 27% vs 2023 (€ 300,406) Favourable step	€ 271,617 Total debts 2025: € 271,617 ▲ 25% vs 2024 (€ 218,066) Unfavourable step	▲ 25%
Cash	€ 51,171 Cash 2022: € 51,171 First fiscal year in the series	€ 169,052 Cash 2023: € 169,052 ▲ 230% vs 2022 (€ 51,171) Favourable step	€ 68,883 Cash 2024: € 68,883 ▼ 59% vs 2023 (€ 169,052) Unfavourable step	€ 172,725 Cash 2025: € 172,725 ▲ 151% vs 2024 (€ 68,883) Favourable step	▲ 151%
Retained profit	€ 137,850 Retained profit 2022: € 137,850 First fiscal year in the series	€ 132,260 Retained profit 2023: € 132,260 ▼ 4% vs 2022 (€ 137,850) Unfavourable step	€ 165,110 Retained profit 2024: € 165,110 ▲ 25% vs 2023 (€ 132,260) Favourable step	€ 238,905 Retained profit 2025: € 238,905 ▲ 45% vs 2024 (€ 165,110) Favourable step	▲ 45%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 86,141 Dividend 2023: € 86,141 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 86,141) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 118,195 Bank debt 2022: € 118,195 First fiscal year in the series	€ 141,271 Bank debt 2023: € 141,271 ▲ 20% vs 2022 (€ 118,195) Unfavourable step	€ 150,490 Bank debt 2024: € 150,490 ▲ 7% vs 2023 (€ 141,271) Unfavourable step	€ 139,483 Bank debt 2025: € 139,483 ▼ 7% vs 2024 (€ 150,490) Favourable step	▼ 7%
Balance sheet total	€ 358,946 Balance sheet total 2022: € 358,946 First fiscal year in the series	€ 444,866 Balance sheet total 2023: € 444,866 ▲ 24% vs 2022 (€ 358,946) Unchanged	€ 395,376 Balance sheet total 2024: € 395,376 ▼ 11% vs 2023 (€ 444,866) Unchanged	€ 522,722 Balance sheet total 2025: € 522,722 ▲ 32% vs 2024 (€ 395,376) Unchanged	▲ 32%

By gross margin, AFSAM ranks 1st of 7 companies with main activity “Bouw van civieltechnische werken voor elektriciteit en telecommunicatie” in Waasmunster that publish figures (fiscal year 2025).

Key figures of AFSAM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.

Ask about AFSAM the way you would ask their accountant.

Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.

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What happened to AFSAM?

What happened at AFSAM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Nov 26, 2025 New annual accounts for financial year 2025: profit of € 73,795 (▲ 125% vs 2024). filed late Source: NBB ↗
Sep 10, 2012 New establishment in Waasmunster. KBO
Sep 4, 2012 Start of the company according to the CBE. KBO

In short

From € 19,523 profit in 2022 to € 73,795 profit in 2025.

Paid € 61,185 in corporate taxes since 2022.

Best year ever: 2023, with € 80,550 profit.

Paid out € 86,141 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

Oudeheerweg-Heide 59

9250 Waasmunster

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

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Details

Company number

0848.409.114

VAT number

BE 0848.409.114

Registered office

Oudeheerweg-Heide 59, 9250 Waasmunster

Names & denominations

AFSAM

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

4 September 2012

Peppol

Active · Active since 18 Dec 2025

Activities · NACE

Bouw van civieltechnische werken voor elektriciteit en telecommunicatie

Bouwrijp maken van terreinen

Carrosserieherstelling (inclusief spuiten en verven)

Afvalwaterafvoer

Bouw van civieltechnische werken voor vloeistoffen, neg

Baggerwerken

Carrosserieherstelling

View on CBE Public ↗ Annual accounts (NBB) ↗