ACTIVE

AFRIMA

Financial year 2025 · closed on 31/12/2025
Net result
2,8 M €
+350.5% YoY
Revenue
50,3 M €
+16.3% YoY
Equity
279,3 k €
+111.1% YoY
Workforce
227,6 ETP
+2.3% YoY

What does AFRIMA do?

AFRIMA is a Private limited company incorporated in 1952. Its main activity is: Maintenance and repair of motor vehicles. Its registered office is in Leuven. It employs on average 227,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0401.904.751
Incorporation
03/03/1952
Legal form
Private limited company
Registered office
Neringenweg 44
3001 Leuven · FlandreSee on map
Contributed capital
1 884 079,38 €
Latest accounts
31/12/2025
Average workforce
227,6 ETP
Joint committees (4)
  • 112
  • 14902
  • 200
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021201920112010200920072006
Income statement
Revenue50,3 M €43,3 M €36,5 M €28,7 M €24,4 M €35,1 M €23,9 M €25,2 M €26,3 M €5,6 M €5,2 M €
EBITDA4,1 M €2 M €1,4 M €-1,2 M €-2,1 M €-1,5 M €2,4 M €2,7 M €2,7 M €38,8 k €135,8 k €
Operating result3,4 M €1,1 M €618,2 k €-1,9 M €-2,8 M €-2,3 M €2,1 M €2,3 M €2,2 M €-52,8 k €31,1 k €
Net result2,8 M €622,5 k €134,3 k €-2,3 M €-3,1 M €-2,3 M €1,6 M €1,3 M €1,6 M €3,8 M €-20,7 k €
Balance sheet
Equity279,3 k €-2,5 M €-3,1 M €-3,3 M €-991,4 k €3,9 M €8,2 M €6,5 M €6,2 M €3,8 M €48,6 k €
Total assets21 M €20,4 M €18,3 M €18,4 M €15,5 M €25,6 M €15,2 M €12,5 M €12 M €6,2 M €2,4 M €
Cash4,4 M €1,8 M €1,6 M €1,5 M €2,3 M €2,9 M €2,5 M €2,6 M €1,9 M €197,7 k €96,1 k €
Debts19,5 M €22,2 M €20,9 M €21,3 M €16,3 M €21,6 M €6,6 M €5,5 M €4,9 M €2,2 M €2,1 M €
Other
Workforce227,6 ETP222,4 ETP203,8 ETP198,3 ETP227,7 ETP258,6 ETP153,1 ETP147,6 ETP164,6 ETP40,7 ETP46,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 18 ended

Active mandates

Iron Management

Director · since 21 février 2024 · 0747.829.319

Represented by Dieter Luc Bart Wemel

Active

Ended mandates

Standard Repair B.V.

Director · since 19 janvier 2023 · 0777.476.576

Represented by Hendrik Ten Have

Ended
Standard Repair BV

Director · since 19 janvier 2023 · until 21 février 2024 · 0777.476.576

Represented by Hendrik Ten Have

Ended
HH CONSULTING

Director · since 01 janvier 2022 · until 31 décembre 2027 · 0832.903.366

Ended
HH CONSULTING

Director · since 10 novembre 2021 · until 19 janvier 2023 · 0832.903.366

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date20/07/202628/07/202531/07/202409/10/202310/06/202221/06/2021
General meeting30/06/202627/06/202528/06/202430/06/202327/05/202203/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202620/07/2026DutchPDF
Full model31/12/202427/06/202528/07/2025DutchPDF
Full model31/12/202328/06/202431/07/2024DutchPDF
Full model31/12/202230/06/202309/10/2023DutchPDF
Full model31/12/202127/05/202210/06/2022DutchPDF
Full model31/12/202003/06/202121/06/2021DutchPDF
Full model31/12/201929/05/202006/07/2020DutchPDF
Full model31/12/201823/08/201906/09/2019DutchPDF
Full model31/12/201706/07/201806/07/2018DutchPDF
Full model31/12/201613/11/201722/11/2017DutchPDF
Full model31/12/201519/10/201627/10/2016DutchPDF
Full model31/12/201430/07/201530/07/2015DutchPDF
Full model31/12/201325/11/201402/12/2014DutchPDF
Full model31/12/201225/06/201322/07/2013DutchPDF
Full model31/12/201127/06/201230/07/2012DutchPDF
Full model31/12/201029/06/201111/07/2011DutchPDF
Full model31/12/200930/06/201013/07/2010DutchPDF
Full model31/12/200824/06/200931/07/2009DutchPDF
Full model31/12/200705/06/200819/06/2008DutchPDF
Full model31/12/200607/06/200709/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 18 ended

Active mandates

Iron Management

Director · since 21 février 2024 · 0747.829.319

Represented by Dieter Luc Bart Wemel

Active

Ended mandates

Standard Repair B.V.

Director · since 19 janvier 2023 · 0777.476.576

Represented by Hendrik Ten Have

Ended
Standard Repair BV

Director · since 19 janvier 2023 · until 21 février 2024 · 0777.476.576

Represented by Hendrik Ten Have

Ended
HH CONSULTING

Director · since 01 janvier 2022 · until 31 décembre 2027 · 0832.903.366

Ended
HH CONSULTING

Director · since 10 novembre 2021 · until 19 janvier 2023 · 0832.903.366

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates15/09/2026
    Ontslagneming door een bestuurder. Benoeming van bestuurders en
    PDF
  • Other10/09/2026
    DOEL, STATUTEN (VERTALING, COORDINATIE, OVERIGE
    PDF
  • Other10/09/2026
    DOEL, STATUTEN (VERTALING, COORDINATIE, OVERIGE
    PDF
  • Mandates17/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/04/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20252,8 M €
  2. 2024
    Annual accounts 2024622,5 k €
  3. 2023
    Annual accounts 2023134,3 k €
  4. 2022
    Annual accounts 2022-2,3 M €
  5. 2021
    Annual accounts 2021-3,1 M €
  6. 2019
    Annual accounts 2019-2,3 M €
  7. 2011
    Annual accounts 20111,6 M €
  8. 2010
    Annual accounts 20101,3 M €
  9. 2009
    Annual accounts 20091,6 M €
  10. 2007
    Annual accounts 20073,8 M €
  11. 2006
    Annual accounts 2006-20,7 k €
  12. 03/03/1952
    IncorporationPrivate limited company