ACTIVE

Advanced Fire Technologies

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Financial year 2025 · closed on 31/12/2025

Net result

-7,4 M €

-307.7% YoY

Revenue

1,3 M €

Equity

3,6 M €

-62.7% YoY

What does Advanced Fire Technologies do?

Advanced Fire Technologies is a Public limited company incorporated in 1993. Its main activity is: Real estate agencies. Its registered office is in Bruxelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0450.124.243

Incorporation

11/05/1993

Legal form

Public limited company

Registered office

Avenue Louise 480
1050 Bruxelles · BruxellesSee on map

Contributed capital

6 448 798,00 €

Latest accounts

31/12/2025

Activities (NACE)

68311Real estate agencies· main 70200Management consultancy activities 70311Activities of head offices; management consultancy activities 68310Real estate agencies

Signals

Good liquidityHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2025		2024		2023		2022		2020		2019		2017		2016		2015		2014		2013		2012		2008
Income statement
Revenue	1,3 M €		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	-1,3 M €	-139%	3,3 M €	+764%	-495,6 k €	-141%	1,2 M €	+20.0%	1,0 M €	+10.1%	919,7 k €	-4.1%	959,0 k €	+60.9%	596,2 k €	-38.4%	968,1 k €	+0.3%	964,9 k €	+2.5%	941,7 k €	+0.8%	934,2 k €	+4.4%	894,7 k €
Operating result	-8,2 M €	-351%	3,3 M €	+725%	-522,1 k €	-144%	1,2 M €	+20.4%	986,8 k €	+10.4%	893,7 k €	-4.0%	931,0 k €	+11.4%	835,8 k €	+3.8%	804,9 k €	+0.8%	798,5 k €	-11.8%	905,8 k €	+0.8%	898,3 k €	+5.2%	854,3 k €
Net result	-7,4 M €	-308%	3,5 M €	+333%	-1,5 M €	+93.0%	-21,7 M €	-1514%	1,5 M €	-8.9%	1,7 M €	-20.2%	2,1 M €	-2.2%	2,2 M €	+1.3%	2,1 M €	+1.3%	2,1 M €	+4.8%	2,0 M €	+4.2%	1,9 M €	+6.8%	1,8 M €
Balance sheet
Equity	3,6 M €	-62.7%	9,6 M €	+58.5%	6,0 M €	-20.1%	7,6 M €	-73.8%	28,9 M €	+1.0%	28,6 M €	+4.9%	27,3 M €	+5.2%	25,9 M €	+5.9%	24,5 M €	+6.2%	23,1 M €	+6.6%	21,6 M €	+6.7%	20,3 M €	+29.9%	15,6 M €
Total assets	12,8 M €	+6.3%	12,0 M €	-1.9%	12,2 M €	-4.9%	12,8 M €	-58.8%	31,2 M €	+1.6%	30,7 M €	+7.0%	28,7 M €	+5.8%	27,1 M €	+5.8%	25,6 M €	+5.5%	24,3 M €	+5.8%	23,0 M €	+7.1%	21,4 M €	+24.7%	17,2 M €
Cash	701,2 k €	-48.7%	1,4 M €	+11.3%	1,2 M €	+2983%	39,8 k €	-98.8%	3,3 M €	-46.5%	6,2 M €	+13.4%	5,5 M €	+3.7%	5,3 M €	+57.3%	3,4 M €	+33.4%	2,5 M €	-11.8%	2,9 M €	+455%	516,3 k €	+3580%	14,0 k €
Debts	2,3 M €	-3.3%	2,4 M €	-45.8%	4,4 M €	-16.5%	5,3 M €	+133%	2,3 M €	+10.3%	2,1 M €	+47.1%	1,4 M €	+17.5%	1,2 M €	+4.7%	1,1 M €	-7.7%	1,2 M €	-6.6%	1,3 M €	+15.1%	1,1 M €	-27.5%	1,6 M €

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 31/12/2025 · 6 active · 36 ended

Active mandates

SARCCO

Director · since 10 avril 2025 · until 20 juin 2029 · 0425.818.716

Represented by Frans Xavier Van Nuffel

Active

Bénédicte HERRY

Director · until 20 juin 2029

Active

Michèle GILORMINI

Director · until 20 juin 2029

Active

Philippe SELLE

Director · until 20 juin 2029

Active

Pierre DE SMEDT

Director · until 20 juin 2029

Active

UNICORN REAL ESTATE

Managing director · until 20 juin 2029 · 0476.986.612

Represented by Gaëtan Piret

Active

Ended mandates

SARCCO

Director · since 10 avril 2025 · 0425.818.716

Represented by Frans Van Nuffel

Ended

Pierre De Smedt

Director · since 12 octobre 2017 · until 08 mai 2018

Ended

Bénédicte Herry

Director · since 09 mai 2017 · until 09 mai 2023

Ended

Christian Michot

Director · since 09 mai 2017 · until 09 mai 2023

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/07/2026	29/06/2025	19/07/2024	25/04/2024	19/08/2022	30/07/2021
General meeting	17/06/2026	18/06/2025	19/06/2024	23/04/2024	10/05/2022	14/06/2021
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

35 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	17/06/2026	09/07/2026	French	PDF
Full model	31/12/2024	18/06/2025	29/06/2025	French	PDF
m120-f-p	31/12/2024	—	22/10/2025	French	PDF
Full model	31/12/2023	19/06/2024	19/07/2024	French	PDF
m120-f-p	31/12/2023	30/10/2024	23/12/2024	French	PDF
Full model	31/12/2022	23/04/2024	25/04/2024	French	PDF
Full model	31/12/2021	10/05/2022	19/08/2022	French	PDF
Full model	31/12/2020	14/06/2021	30/07/2021	French	PDF
Full model	31/12/2019	09/06/2020	22/10/2020	French	PDF
Full model	31/12/2018	14/05/2019	30/07/2019	French	PDF
m120-f-p	31/12/2018	14/05/2019	31/07/2019	French	PDF
Full model	31/12/2017	08/05/2018	31/07/2018	French	PDF
m120-f-p	31/12/2017	08/05/2018	31/07/2018	French	PDF
Full model	31/12/2016	09/05/2017	27/07/2017	French	PDF
m120-f-p	31/12/2016	09/05/2017	27/07/2017	French	PDF
Full model	31/12/2015	10/05/2016	29/07/2016	French	PDF
m120-f-p	31/12/2015	10/05/2016	29/07/2016	French	PDF
Full model	31/12/2014	12/05/2015	15/06/2015	French	PDF
m120-f-p	31/12/2014	12/05/2015	15/06/2015	French	PDF
Full model	31/12/2013	13/05/2014	27/06/2014	French	PDF
m120-f-p	31/12/2013	13/05/2014	11/07/2014	French	PDF
Full model	31/12/2012	14/05/2013	28/06/2013	French	PDF
m120-f-p	31/12/2012	14/05/2013	26/06/2013	French	PDF
Full model	31/12/2011	08/05/2012	10/05/2012	French	PDF

View all 35 filings

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 31/12/2025 · 6 active · 36 ended

Active mandates

SARCCO

Director · since 10 avril 2025 · until 20 juin 2029 · 0425.818.716

Represented by Frans Xavier Van Nuffel

Active

Bénédicte HERRY

Director · until 20 juin 2029

Active

Michèle GILORMINI

Director · until 20 juin 2029

Active

Philippe SELLE

Director · until 20 juin 2029

Active

Pierre DE SMEDT

Director · until 20 juin 2029

Active

UNICORN REAL ESTATE

Managing director · until 20 juin 2029 · 0476.986.612

Represented by Gaëtan Piret

Active

Ended mandates

SARCCO

Director · since 10 avril 2025 · 0425.818.716

Represented by Frans Van Nuffel

Ended

Pierre De Smedt

Director · since 12 octobre 2017 · until 08 mai 2018

Ended

Bénédicte Herry

Director · since 09 mai 2017 · until 09 mai 2023

Ended

Christian Michot

Director · since 09 mai 2017 · until 09 mai 2023

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/12/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates03/10/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates15/04/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates14/03/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION - SIEGE SOCIAL
PDF
Other12/02/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - ASSEMBLEE GENERALE
PDF
Mandates02/02/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates21/12/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates27/11/2023
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

2025
Annual accounts 2025-7,4 M €↓
2025
Name changeAdvanced Fire Technologies (AFITEC)
2024
Annual accounts 20243,5 M €↑
2024
Name changeAdvanced Fire Technologies
2023
Annual accounts 2023-1,5 M €↑
2022
Annual accounts 2022-21,7 M €↓
2020
Annual accounts 20201,5 M €↓
2019
Annual accounts 20191,7 M €↓
2017
Annual accounts 20172,1 M €↓
2016
Annual accounts 20162,2 M €↑
2015
Annual accounts 20152,1 M €↑
2014
Annual accounts 20142,1 M €↑
2013
Annual accounts 20132,0 M €↑
2012
Annual accounts 20121,9 M €↑
2008
Annual accounts 20081,8 M €
2008
Name changeSiclinvest
11/05/1993
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

Advanced Fire Technologies

Overview

What does Advanced Fire Technologies do?

Trend over 13 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