ACTIVE

AFMECH

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Financial year 2024 · closed on 31/12/2024

Net result

-188,2 k €

-261.2% YoY

Gross margin

836,6 k €

-37.0% YoY

Equity

6,5 M €

-3.4% YoY

Workforce

14,4 ETP

-4.0% YoY

What does AFMECH do?

AFMECH is a Public limited company incorporated in 1988. Its main activity is: Manufacture of fluid power equipment. Its registered office is in Visé. It employs on average 14,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0435.909.783

Incorporation

01/12/1988

Legal form

Public limited company

Registered office

Rue des Cyclistes Frontière(VIS) 2
4600 Visé · WallonieSee on map

Contributed capital

250 000,00 €

Latest accounts

31/12/2024

Average workforce

14,4 ETP

Activities (NACE)

28120Manufacture of fluid power equipment· main 28120Manufacture of fluid power equipment 28990Manufacture of other special-purpose machinery n.e.c.28990Manufacture of other special-purpose machinery n.e.c.29564Manufacture of motor vehicles, trailers and semi-trailers 43240Electrical, plumbing and other construction installation activities+2

Joint committees (2)

Signals

Solid equityLow riskGood liquidityHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2009
Income statement
Gross margin	836,6 k €	-37.0%	1,3 M €	+2.9%	1,3 M €	+22.3%	1,1 M €	-3.3%	1,1 M €	-40.0%	1,8 M €	-26.7%	2,5 M €	+25.2%	2 M €	+3.9%	1,9 M €	-5.5%	2 M €	-27.6%	2,8 M €	+6.3%	2,6 M €	+9.2%	2,4 M €	+27.4%	1,9 M €		–
EBITDA	-280,2 k €	-259%	176,7 k €	-1.6%	179,5 k €	+31.7%	136,3 k €	-2.9%	140,5 k €	-60.2%	353,1 k €	-59.0%	861 k €	+82.1%	472,8 k €	+33.8%	353,3 k €	+391%	72 k €	-53.2%	153,8 k €	-20.9%	194,3 k €	-50.9%	395,5 k €	+80.2%	219,5 k €	-0.2%	220 k €
Operating result	-322,7 k €	-528%	75,5 k €	+12.1%	67,3 k €	+379%	14,1 k €	+4865%	283,1 €	-98.8%	22,9 k €	-95.7%	527 k €	+412%	102,8 k €	+201%	34,2 k €	+114%	-245,5 k €	-345%	-55,2 k €	-350%	22,1 k €	-89.7%	213,7 k €	+506%	35,3 k €	+262%	-21,8 k €
Net result	-188,2 k €	-261%	116,8 k €	+106%	56,6 k €	-97.2%	2 M €	+72582%	-2,8 k €	-100%	3,4 M €	+840%	358,5 k €	-25.4%	480,5 k €	+1757%	25,9 k €	-78.7%	121,5 k €	+4.2%	116,6 k €	+166%	43,8 k €	-70.3%	147,5 k €	+171%	54,5 k €	+139%	-138,9 k €
Balance sheet
Equity	6,5 M €	-3.4%	6,7 M €	+1.1%	6,7 M €	-5.6%	7,1 M €	+38.9%	5,1 M €	-1.2%	5,1 M €	+185%	1,8 M €	+24.4%	1,5 M €	-18.0%	1,8 M €	-12.7%	2 M €	+0.5%	2 M €	+4.2%	1,9 M €	-3.2%	2 M €	+8.8%	1,8 M €	+6.4%	1,7 M €
Total assets	7,5 M €	-0.9%	7,6 M €	-5.9%	8 M €	+2.1%	7,9 M €	+29.7%	6,1 M €	-3.5%	6,3 M €	+75.8%	3,6 M €	-8.5%	3,9 M €	-9.9%	4,3 M €	-13.3%	5 M €	+7.0%	4,7 M €	-9.7%	5,2 M €	-8.5%	5,7 M €	+0.4%	5,6 M €	-4.1%	5,9 M €
Cash	793,9 k €	-25.2%	1,1 M €	-44.0%	1,9 M €	-33.8%	2,9 M €	+8.6%	2,6 M €	-37.0%	4,2 M €	+232%	1,3 M €	+30.5%	964,2 k €	-14.0%	1,1 M €	+0.4%	1,1 M €	+11.3%	1 M €	+11.7%	899 k €	+237%	267,1 k €	+1.9%	262 k €	+71.9%	152,4 k €
Debts	995,4 k €	+23.2%	808,1 k €	-40.2%	1,4 M €	+70.3%	793,7 k €	-19.8%	989,7 k €	-14.0%	1,2 M €	-35.1%	1,8 M €	-27.9%	2,5 M €	-4.1%	2,6 M €	-13.6%	3 M €	+12.0%	2,7 M €	-18.2%	3,2 M €	-11.4%	3,7 M €	-2.7%	3,8 M €	-8.9%	4,1 M €
Other
Workforce	14,4 ETP	-4.0%	15,0 ETP	-12.8%	17,2 ETP	-5.5%	18,2 ETP	-3.7%	18,9 ETP	-10.8%	21,2 ETP	-12.4%	24,2 ETP	-4.3%	25,3 ETP	-1.9%	25,8 ETP	-26.1%	34,9 ETP	-23.5%	45,6 ETP	-0.2%	45,7 ETP	+19.6%	38,2 ETP	+22.0%	31,3 ETP	-6.3%	33,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 6 ended

Active mandates

André Franssen

Managing director

Active

Myriam BECKERS

Director

Active

Ended mandates

André Franssen

Director · since 19 mai 2021

Ended

André Franssen

Managing director · since 19 mai 2021

Ended

Myriam Beckers

Director · since 19 mai 2021

Ended

André FRANSSEN

Managing director · since 24 août 2007 · until 25 mai 2013

Ended

At this address

Other companies at this address

Company	CBE no.
FAMECH● Active	1027.271.174

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	14/08/2025	03/07/2024	23/06/2023	27/06/2022	25/05/2021	25/09/2020
General meeting	24/05/2025	31/05/2024	27/05/2023	03/05/2022	19/05/2021	10/09/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	24/05/2025	14/08/2025	French	PDF
Abridged model	31/12/2023	31/05/2024	03/07/2024	French	PDF
Abridged model	31/12/2022	27/05/2023	23/06/2023	French	PDF
Abridged model	31/12/2021	03/05/2022	27/06/2022	French	PDF
Abridged model	31/12/2020	19/05/2021	25/05/2021	French	PDF
Abridged model	31/12/2019	10/09/2020	25/09/2020	French	PDF
Abridged modelCorrection	31/12/2018	28/08/2019	06/09/2019	French	PDF
Abridged model	31/12/2018	28/08/2019	02/09/2019	French	PDF
Abridged model	31/12/2017	28/06/2018	06/07/2018	French	PDF
Abridged model	31/12/2016	29/06/2017	05/07/2017	French	PDF
Abridged model	31/12/2015	28/05/2016	03/06/2016	French	PDF
Abridged model	31/12/2014	26/08/2015	28/08/2015	French	PDF
Abridged model	31/12/2013	27/06/2014	11/07/2014	French	PDF
Abridged model	31/12/2012	01/07/2013	17/07/2013	French	PDF
Abridged model	31/12/2011	13/07/2012	31/08/2012	French	PDF
Full model	31/12/2010	23/08/2011	27/09/2011	French	PDF
Full model	31/12/2009	30/06/2010	04/10/2010	French	PDF
Full model	31/12/2008	30/06/2009	30/09/2009	French	PDF
Full model	31/12/2007	30/06/2008	09/10/2008	French	PDF
Full model	31/12/2006	24/08/2007	26/09/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/12/2024 · 2 active · 6 ended

Active mandates

André Franssen

Managing director

Active

Myriam BECKERS

Director

Active

Ended mandates

André Franssen

Director · since 19 mai 2021

Ended

André Franssen

Managing director · since 19 mai 2021

Ended

Myriam Beckers

Director · since 19 mai 2021

Ended

André FRANSSEN

Managing director · since 24 août 2007 · until 25 mai 2013

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring23/01/2026
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring03/11/2025
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates13/12/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Mandates16/06/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates20/03/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates30/09/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates30/10/2009
DEMISSIONS, NOMINATIONS
PDF
Mandates02/07/2009
DEMISSIONS, NOMINATIONS
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

2024
Annual accounts 2024-188,2 k €↓
2023
Annual accounts 2023116,8 k €↑
2022
Annual accounts 202256,6 k €↓
2021
Annual accounts 20212 M €↑
2020
Annual accounts 2020-2,8 k €↓
2019
Annual accounts 20193,4 M €↑
2018
Annual accounts 2018358,5 k €↓
2017
Annual accounts 2017480,5 k €↑
2016
Annual accounts 201625,9 k €↓
2015
Annual accounts 2015121,5 k €↑
2014
Annual accounts 2014116,6 k €↑
2013
Annual accounts 201343,8 k €↓
2012
Annual accounts 2012147,5 k €↑
2011
Annual accounts 201154,5 k €↑
2009
Annual accounts 2009-138,9 k €
01/12/1988
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

AFMECH

Overview

What does AFMECH do?

Trend over 15 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline