ACTIVE

AAFLEX

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Financial year 2025 · closed on 30/06/2025
Net result
15,3 k €
-58.9% YoY
Gross margin
586 k €
+19.9% YoY
Equity
517,1 k €
-0.9% YoY
Workforce
5,0 ETP
+38.9% YoY

What does AAFLEX do?

AAFLEX is a Private limited company incorporated in 2018. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Kuurne. It employs on average 5,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0688.560.933
Incorporation
17/01/2018
Legal form
Private limited company
Registered office
Noordlaan 29 box 2
8520 Kuurne · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
30/06/2025
Average workforce
5,0 ETP
Activities (NACE)
25110Manufacture of metal structures and parts of structures· main25110Manufacture of metal structures and parts of structures25110Manufacture of metal structures and parts of structures25110Manufacture of metal structures and parts of structures28300Manufacture of agricultural and forestry machinery82990Other business support service activities n.e.c.+1
Contacts
3 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220202019
Income statement
Gross margin586 k €488,8 k €479,1 k €450,3 k €184,7 k €139,6 k €
EBITDA229 k €249,3 k €256,8 k €300 k €115,1 k €138,2 k €
Operating result35,6 k €62,7 k €111,7 k €231,4 k €73,1 k €43,7 k €
Net result15,3 k €37,2 k €97,6 k €180,8 k €55,3 k €35,4 k €
Balance sheet
Equity517,1 k €521,8 k €484,6 k €387 k €109,9 k €54,6 k €
Total assets1 M €1,2 M €1,2 M €868,1 k €287,8 k €268,4 k €
Cash384,3 €46,2 k €72,5 k €65,1 k €39,2 k €8 k €
Debts497,9 k €688,4 k €693,7 k €479,8 k €176,9 k €213,8 k €
Other
Workforce5,0 ETP3,6 ETP3,7 ETP–––
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 2 ended

Active mandates

Tim Eeckhout

Director · since 26 septembre 2023

Active

Ended mandates

Tim Eeckhout

Director · since 17 janvier 2018

Ended
TIM EECKHOUT

Manager · since 17 janvier 2018

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/10/202528/10/202418/12/202322/12/202230/11/202101/02/2021
General meeting18/10/202519/10/202421/11/202321/11/202227/11/202125/01/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202518/10/202527/10/2025DutchPDF
Abridged model30/06/202419/10/202428/10/2024DutchPDF
Abridged model30/06/202321/11/202318/12/2023DutchPDF
Micro model30/06/202221/11/202222/12/2022DutchPDF
Micro model30/06/202127/11/202130/11/2021DutchPDF
Micro model30/06/202025/01/202101/02/2021DutchPDF
Micro model30/06/201919/10/201927/11/2019DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 2 ended

Active mandates

Tim Eeckhout

Director · since 26 septembre 2023

Active

Ended mandates

Tim Eeckhout

Director · since 17 janvier 2018

Ended
TIM EECKHOUT

Manager · since 17 janvier 2018

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office07/05/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other02/10/2025
    DIVERSEN - DOEL
    PDF
  • Mandates11/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other19/01/2018
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 202515,3 k €↓
  2. 2024
    Annual accounts 202437,2 k €↓
  3. 2023
    Annual accounts 202397,6 k €↓
  4. 2022
    Annual accounts 2022180,8 k €↑
  5. 2020
    Annual accounts 202055,3 k €↑
  6. 2019
    Annual accounts 201935,4 k €
  7. 17/01/2018
    IncorporationPrivate limited company