NORMAL SITUATION

IMMO AFO

Export PDF

Financial year 2021 · closed on 30/11/2021

Net result

35,5 k €

-28.3% YoY

Gross margin

78,4 k €

+3.8% YoY

Equity

431,1 k €

+9.0% YoY

Company — Normal situation.

What does IMMO AFO do?

IMMO AFO is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0476.530.811

Legal form

Public limited company

Contributed capital

74 368,00 €

Latest accounts

30/11/2021

Joint committees (2)

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	78,4 k €	+3.8%	75,5 k €	+315%	-35,2 k €	-196%	36,7 k €	-67.1%	111,3 k €	+118%	51 k €	+21.1%	42,1 k €	-83.3%	252,8 k €	+92.0%	131,6 k €	+1430%	8,6 k €	-89.2%	79,8 k €	+168%	29,8 k €	+87.2%	15,9 k €	-97.5%	643,6 k €	+75.6%	366,4 k €	+26.7%	289,1 k €
EBITDA	60,9 k €	-7.4%	65,7 k €	+254%	-42,6 k €	-247%	29 k €	-72.0%	103,8 k €	+138%	43,6 k €	+41.6%	30,8 k €	-87.5%	245,5 k €	+97.7%	124,2 k €	+12875%	957 €	-98.6%	69,6 k €	+238%	20,6 k €	-73.4%	77,5 k €	-72.4%	280,7 k €	+192%	96,1 k €	-31.7%	140,7 k €
Operating result	43,6 k €	-12.0%	49,6 k €	+184%	-58,8 k €	-569%	12,5 k €	-85.6%	87,2 k €	+223%	27 k €	+118%	12,4 k €	-94.5%	227,1 k €	+115%	105,8 k €	+674%	-18,4 k €	+52.0%	-38,4 k €	+53.0%	-81,6 k €	-167%	-30,6 k €	-138%	80,2 k €	+76.7%	45,4 k €	-59.0%	110,8 k €
Net result	35,5 k €	-28.3%	49,5 k €	+181%	-61,1 k €	-764%	9,2 k €	-85.3%	62,6 k €	+325%	14,7 k €	+23.5%	11,9 k €	-94.7%	223,6 k €	+114%	104,3 k €	+144%	-235,3 k €	-9381%	-2,5 k €	+97.6%	-103,4 k €	-250%	69 k €	-49.2%	135,9 k €	+831%	14,6 k €	-72.6%	53,3 k €
Balance sheet
Equity	431,1 k €	+9.0%	395,6 k €	+14.3%	346,1 k €	-15.0%	407,2 k €	+2.3%	398 k €	+18.7%	335,4 k €	+4.6%	320,7 k €	+3.9%	308,8 k €	+263%	85,1 k €	+543%	-19,2 k €	-109%	216,1 k €	-12.0%	245,6 k €	-35.1%	378,6 k €	+49.7%	253 k €	+54.5%	163,7 k €	+9.8%	149,1 k €
Total assets	433,2 k €	+9.0%	397,4 k €	+14.8%	346,1 k €	-16.0%	411,9 k €	-3.7%	427,9 k €	+3.9%	411,9 k €	-4.1%	429,4 k €	-3.8%	446,5 k €	-2.8%	459,5 k €	-8.2%	500,4 k €	-21.7%	639,2 k €	-11.8%	724,6 k €	-19.3%	897,8 k €	-35.6%	1,4 M €	+23.9%	1,1 M €	+37.1%	820,4 k €
Cash	88,9 k €	+22.6%	72,5 k €	+1133%	5,9 k €	-88.8%	52,8 k €	+0.0%	52,7 k €	+200%	17,6 k €	+4.4%	16,8 k €	+22.7%	13,7 k €	+3025%	439 €	-80.9%	2,3 k €	-92.9%	32,3 k €	-17.7%	39,2 k €	-67.2%	119,8 k €	-63.5%	328,2 k €	+8.4%	302,7 k €	+648%	40,5 k €
Debts	2 k €	+17.9%	1,7 k €	+11034%	15,5 €	-99.7%	4,7 k €	-84.4%	29,9 k €	-60.9%	76,5 k €	-29.7%	108,8 k €	-21.1%	137,8 k €	-63.2%	374,4 k €	-27.9%	518,9 k €	+22.6%	423,1 k €	-9.0%	465 k €	-5.1%	490 k €	-55.5%	1,1 M €	+56.8%	702,4 k €	+4.6%	671,2 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		4,0 ETP	+21.2%	3,3 ETP	+50.0%	2,2 ETP

Governance

Board of directors

Seen on filing of 30/11/2021 · 3 active · 33 ended

Active mandates

Marilie

Director · since 04 mai 2022 · until 03 mai 2028 · 0811.315.522

Represented by Mathias VANNOOTE

Active

Ramence

Director · since 04 mai 2022 · until 03 mai 2028 · 0811.201.397

Represented by Filip VANNOOTE

Active

Vincent Gesquiere

Director · since 16 octobre 2020 · until 04 mai 2022

Active

Ended mandates

Vincent Gesquiere

Director · since 16 octobre 2020 · until 15 octobre 2026

Ended

AUDACIA - TECH

Director · since 25 mai 2019 · until 15 octobre 2020 · 0474.118.677

Represented by Wim Clays

Ended

AUDACIA - TECH

Director · since 25 mai 2019 · until 31 mai 2025 · 0474.118.677

Represented by Wim Clays

Ended

G-TEC

Director · since 25 mai 2019 · until 15 octobre 2020 · 0459.292.525

Represented by Johan Gitsels

Ended

Annual accounts

Full financial information

	2021	2020	2019	2018	2017	2016
Type of account	Abridged model	Abridged model	Micro model	Micro model	Micro model	Abridged model
Start of the financial year	01/12/2020	01/12/2019	01/12/2018	01/12/2017	01/12/2016	01/12/2015
Closing of the financial year	30/11/2021	30/11/2020	30/11/2019	30/11/2018	30/11/2017	30/11/2016
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	04/05/2022	31/05/2021	30/06/2020	29/05/2019	12/07/2018	13/07/2017
General meeting	04/05/2022	31/05/2021	30/05/2020	25/05/2019	26/05/2018	27/05/2017
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/11/2021	04/05/2022	04/05/2022	Dutch	PDF
Abridged model	30/11/2020	31/05/2021	31/05/2021	Dutch	PDF
Micro model	30/11/2019	30/05/2020	30/06/2020	Dutch	PDF
Micro model	30/11/2018	25/05/2019	29/05/2019	Dutch	PDF
Micro model	30/11/2017	26/05/2018	12/07/2018	Dutch	PDF
Abridged model	30/11/2016	27/05/2017	13/07/2017	Dutch	PDF
Abridged model	30/11/2015	28/05/2016	31/05/2016	Dutch	PDF
Abridged model	30/11/2014	30/05/2015	18/06/2015	Dutch	PDF
Abridged model	30/11/2013	31/05/2014	30/06/2014	Dutch	PDF
Abridged model	30/11/2012	25/05/2013	28/06/2013	Dutch	PDF
Abridged model	30/11/2011	26/05/2012	26/06/2012	Dutch	PDF
Abridged model	30/11/2010	28/05/2011	27/06/2011	Dutch	PDF
Abridged model	30/11/2009	29/05/2010	25/06/2010	Dutch	PDF
Abridged model	30/11/2008	30/05/2009	30/06/2009	Dutch	PDF
Abridged model	30/11/2007	31/05/2008	27/06/2008	Dutch	PDF
Abridged model	30/11/2006	26/05/2007	29/05/2007	Dutch	PDF

Estimate

Indicative valuation

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 30/11/2021 · 3 active · 33 ended

Active mandates

Marilie

Director · since 04 mai 2022 · until 03 mai 2028 · 0811.315.522

Represented by Mathias VANNOOTE

Active

Ramence

Director · since 04 mai 2022 · until 03 mai 2028 · 0811.201.397

Represented by Filip VANNOOTE

Active

Vincent Gesquiere

Director · since 16 octobre 2020 · until 04 mai 2022

Active

Ended mandates

Vincent Gesquiere

Director · since 16 octobre 2020 · until 15 octobre 2026

Ended

AUDACIA - TECH

Director · since 25 mai 2019 · until 15 octobre 2020 · 0474.118.677

Represented by Wim Clays

Ended

AUDACIA - TECH

Director · since 25 mai 2019 · until 31 mai 2025 · 0474.118.677

Represented by Wim Clays

Ended

G-TEC

Director · since 25 mai 2019 · until 15 octobre 2020 · 0459.292.525

Represented by Johan Gitsels

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Dissolution02/08/2022
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates07/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring20/05/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
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

2021
Annual accounts 202135,5 k €↓
2020
Annual accounts 202049,5 k €↑
2019
Annual accounts 2019-61,1 k €↓
2018
Annual accounts 20189,2 k €↓
2017
Annual accounts 201762,6 k €↑
2016
Annual accounts 201614,7 k €↑
2015
Annual accounts 201511,9 k €↓
2014
Annual accounts 2014223,6 k €↑
2013
Annual accounts 2013104,3 k €↑
2012
Annual accounts 2012-235,3 k €↓
2011
Annual accounts 2011-2,5 k €↑
2010
Annual accounts 2010-103,4 k €↓
2009
Annual accounts 200969 k €↓
2008
Annual accounts 2008135,9 k €↑
2008
Name changeImmo Afo
2007
Annual accounts 200714,6 k €↓
2006
Annual accounts 200653,3 k €
2006
Name changeADVANCED FOOD HEATING

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

IMMO AFO

Overview

What does IMMO AFO do?

Trend over 16 financial years

Board of directors

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