ACTIVE

AFAS BELGIUM

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Financial year 2025 · Closed on 31/12/2025

Net result739,1 k €+9,3 %over 1 year
Revenue11,2 M €
Equity11,8 M €+6,7 %over 1 year
Workforce59,4 ETP+16,2 %over 1 year

Identity

Source · BCE/KBO

AFAS BELGIUM is a Public limited company incorporated in 1998. Its registered office is in Kontich. It employs on average 59,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0463.984.256
Incorporation
13/08/1998
Legal form
Public limited company
Registered office
Prins Boudewijnlaan 7A box 1
2550 Kontich · FlandreSee on map
Contributed capital
7 500 000,00 €
Latest accounts
31/12/2025
Average workforce
59,4 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 22 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue11,2 M €––––
EBITDA2,4 M €2,5 M €2,4 M €3,6 M €137,2 k €
Operating result1,1 M €1,2 M €1,2 M €2,4 M €95,3 k €
Net result739,1 k €676,5 k €596 k €1,7 M €3,3 k €
Balance sheet
Equity11,8 M €11 M €10,3 M €9,8 M €1,6 M €
Total assets15,1 M €16 M €17,4 M €17,1 M €15,6 M €
Cash––––34,6 k €
Debts3,1 M €4,9 M €6,9 M €7,3 M €13,9 M €
Other
Workforce59,4 ETP51,1 ETP48,7 ETP42,6 ETP36,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 15 ended

Active mandates

Arend Cornelis Mars

Director · since 05 décembre 2022 · until 26 mai 2028

Active
Bastiaan van der Veldt

Director · since 05 décembre 2022 · until 26 mai 2028

Active

Ended mandates

B.J. van der Veldt

Director · since 05 décembre 2022 · until 26 mai 2028

Ended
Cornelis Mars

Director · since 05 décembre 2022 · until 26 mai 2028

Ended
B.J. van der Veldt

Director · since 25 mai 2018 · until 25 mai 2024

Ended
Cornelis Mars

Director · since 25 mai 2018 · until 25 mai 2024

Ended

Other companies at this address

Prins Boudewijnlaan 7A 2550 Kontich
CompanyCBE no.
DEWECO● Active
0828.813.332
DEWESTATE● Active
0722.950.502
Samurai@Work NV● Active
0421.435.997
SonoMuro● Bankrupt
0503.951.820
WHC LABS● Active
0806.008.929

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelAbridged modelAbridged modelAbridged modelAbridged 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 date24/07/202607/08/202522/07/202407/07/202321/12/202202/07/2021
General meeting17/07/202617/07/202519/07/202430/06/202327/05/202228/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 22 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202517/07/202624/07/2026DutchPDF
Abridged model31/12/202417/07/202507/08/2025DutchPDF
Abridged model31/12/202319/07/202422/07/2024DutchPDF
Abridged model31/12/202230/06/202307/07/2023DutchPDF
Abridged modelCorrection31/12/202127/05/202221/12/2022DutchPDF
Abridged modelCorrection31/12/202127/05/202202/12/2022DutchPDF
Abridged model31/12/202127/05/202231/05/2022DutchPDF
Full model31/12/202028/05/202102/07/2021DutchPDF
Full model31/12/201929/05/202009/06/2020DutchPDF
Full model31/12/201831/05/201913/06/2019DutchPDF
Full model31/12/201725/05/201829/06/2018DutchPDF
Full model31/12/201626/05/201712/07/2017DutchPDF
Full model31/12/201527/05/201629/06/2016DutchPDF
Abridged model31/12/201429/05/201502/06/2015DutchPDF
Abridged model31/12/201330/05/201416/06/2014DutchPDF
Abridged model31/12/201231/05/201311/07/2013FrenchPDF
Abridged model31/12/201126/03/201227/03/2012FrenchPDF
Abridged model31/12/201027/05/201120/07/2011FrenchPDF
Abridged model31/12/200928/05/201001/07/2010FrenchPDF
Abridged model31/12/200829/05/200910/07/2009FrenchPDF
Abridged model31/12/200730/05/200828/08/2008FrenchPDF
Abridged model31/12/200625/05/200725/06/2007FrenchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 15 ended

Active mandates

Arend Cornelis Mars

Director · since 05 décembre 2022 · until 26 mai 2028

Active
Bastiaan van der Veldt

Director · since 05 décembre 2022 · until 26 mai 2028

Active

Ended mandates

B.J. van der Veldt

Director · since 05 décembre 2022 · until 26 mai 2028

Ended
Cornelis Mars

Director · since 05 décembre 2022 · until 26 mai 2028

Ended
B.J. van der Veldt

Director · since 25 mai 2018 · until 25 mai 2024

Ended
Cornelis Mars

Director · since 25 mai 2018 · until 25 mai 2024

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other27/10/2025
    DOEL
    PDF
  • Mandates23/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/12/2022
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office16/03/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates05/10/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/03/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/08/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/07/2017
    ONTSLAGEN - BENOEMINGEN
    PDF

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 2025739,1 k €↑
  2. 2024
    Annual accounts 2024676,5 k €↑
  3. 2023
    Annual accounts 2023596 k €↓
  4. 2022
    Annual accounts 20221,7 M €↑
  5. 2021
    Annual accounts 20213,3 k €↓
  6. 2020
    Annual accounts 2020245,4 k €↑
  7. 2019
    Annual accounts 201949,8 k €↓
  8. 2018
    Annual accounts 201856,8 k €↓
  9. 2017
    Annual accounts 2017115,3 k €↑
  10. 2016
    Annual accounts 201692,1 k €↓
  11. 2015
    Annual accounts 2015147,9 k €↑
  12. 2014
    Annual accounts 2014109,5 k €↓
  13. 2013
    Annual accounts 2013205,3 k €↑
  14. 2012
    Annual accounts 2012-12 k €↑
  15. 2011
    Annual accounts 2011-153,4 k €↓
  16. 2010
    Annual accounts 2010-56,3 k €↓
  17. 2009
    Annual accounts 2009-50,7 k €↓
  18. 2008
    Annual accounts 200813,7 k €↑
  19. 2007
    Annual accounts 2007-3,1 k €↓
  20. 2006
    Annual accounts 200632,9 k €
  21. 13/08/1998
    IncorporationPublic limited company