ACTIVE

AFEMS

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Financial year 2025 · Closed on 31/12/2025

Net result23,5 k €-63,8 %over 1 year
Gross margin15,9 k €-69,8 %over 1 year
Equity612,2 k €+4,0 %over 1 year

Identity

Source · BCE/KBO

AFEMS is a company registered in Belgium. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Auderghem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0544.172.968
Incorporation
01/03/1984
Registered office
Av. Edmond Van Nieuwenhuyse 4
1160 Auderghem · BruxellesSee on map
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 5 filings

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin15,9 k €52,6 k €73,7 k €76,2 k €149,1 k €
EBITDA15,9 k €52,6 k €73,7 k €76,2 k €149,1 k €
Operating result15,9 k €52,6 k €48,9 k €56,2 k €179,6 k €
Net result23,5 k €65 k €48,8 k €55,1 k €179,1 k €
Balance sheet
Equity612,2 k €588,6 k €523,7 k €474,9 k €419,8 k €
Total assets863,9 k €833,6 k €781,1 k €708,2 k €678,2 k €
Cash675 k €186,3 k €686,8 k €570,1 k €583,9 k €
Debts29,8 k €23,1 k €35,5 k €11,4 k €36,5 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

16 active · 24 ended

Active mandates

Alexander RUESTIG

Director

Active
Christoph Maximilian EISENHARDT

Director

Active
David AGUILAR

Director

Active
David BONTOFT

Director

Active
Frode LARSEN

Director

Active
Giles Antoine ROCCIA

Director

Active
Hannes HAURI

Director

Active
Hasan YAVAS

Director

Active
Jarkko ARO

Director

Active
Laurent FORGET

Chairman of the board of directors

Active
Matthias VOGEL

Director

Active
Mindaugas KURAUSKAS

Director

Active
Paolo PEDERZOLI

Director

Active
Peter MAVROULIS

Director

Active
Vladimir RADA

Director

Active
Wolfgang HOLZINGER

Director

Active

Ended mandates

Adnan CENGIC

Director

Ended
Charles Edgar GRASSO

Director

Ended
Christof SURBER

Director

Ended
Cristoph Maximilian Eisenhardt

Director

Ended

Other companies at this address

Av. Edmond Van Nieuwenhuyse 4 1160 Auderghem
CompanyCBE no.
ASSOCIATION DE L'INDUSTRIE CHIMIQUE POUR LA COMPREHENSION SCIENTIFIQUE - THE CHEMICAL INDUSTRY ASSOCIATION FOR SCIENTIFIC UNDERSTANDING● Active
0461.685.752
Association des Producteurs de Sulfate d'Aluminium● Active
0423.937.906
Association européenne des Producteurs d'Acides gras● Active
0417.569.657
Fédération européenne des Fabricants d'Adjuvants pour la Nutrition animale● Liquidation
0443.341.468
PVC4PIPES● Liquidation
0865.073.516

Full financial information

Source · NBB
20252024202320222021
Type of accountMicro modelMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months12 months
Filing date01/07/202613/08/202523/07/202410/10/202326/08/2022
General meeting05/06/202606/06/202507/06/202409/06/202303/06/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202505/06/202601/07/2026FrenchPDF
Micro model31/12/202406/06/202513/08/2025FrenchPDF
Micro model31/12/202307/06/202423/07/2024FrenchPDF
Micro model31/12/202209/06/202310/10/2023FrenchPDF
Abridged model31/12/202103/06/202226/08/2022FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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

16 active · 24 ended

Active mandates

Alexander RUESTIG

Director

Active
Christoph Maximilian EISENHARDT

Director

Active
David AGUILAR

Director

Active
David BONTOFT

Director

Active
Frode LARSEN

Director

Active
Giles Antoine ROCCIA

Director

Active
Hannes HAURI

Director

Active
Hasan YAVAS

Director

Active
Jarkko ARO

Director

Active
Laurent FORGET

Chairman of the board of directors

Active
Matthias VOGEL

Director

Active
Mindaugas KURAUSKAS

Director

Active
Paolo PEDERZOLI

Director

Active
Peter MAVROULIS

Director

Active
Vladimir RADA

Director

Active
Wolfgang HOLZINGER

Director

Active

Ended mandates

Adnan CENGIC

Director

Ended
Charles Edgar GRASSO

Director

Ended
Christof SURBER

Director

Ended
Cristoph Maximilian Eisenhardt

Director

Ended

Ownership and network

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Try for free

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 202523,5 k €↓
  2. 2024
    Annual accounts 202465 k €↑
  3. 2023
    Annual accounts 202348,8 k €↓
  4. 2022
    Annual accounts 202255,1 k €↓
  5. 2021
    Annual accounts 2021179,1 k €
  6. 01/03/1984
    Incorporation