ACTIVE

AFIX GROUP

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Financial year 2024 · closed on 31/12/2024

Net result

-4,4 M €

-534.8% YoY

Revenue

24,6 M €

+24.5% YoY

Equity

-2,7 M €

-255.9% YoY

Workforce

11,9 ETP

-4.0% YoY

What does AFIX GROUP do?

AFIX GROUP is a Public limited company incorporated in 2004. Its registered office is in Aalter. It employs on average 11,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0863.700.866

Incorporation

27/02/2004

Legal form

Public limited company

Registered office

Durmelaan 20
9880 Aalter · FlandreSee on map

Contributed capital

8 507 600,00 €

Latest accounts

31/12/2024

Average workforce

11,9 ETP

Joint committees (4)

149
14904
200
218

Signals

Healthy social debtsHigh revenue

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	24,6 M €	+24.5%	19,7 M €	+20.9%	16,3 M €	+8.3%	15,1 M €	+28.4%	11,7 M €	-27.5%	16,2 M €		–		6,3 M €		–		–		–		–		–		–		–		–		–		–
EBITDA	-1 M €	-209%	923,9 k €	+179%	-1,2 M €	-2048%	-54,7 k €	+92.5%	-734,2 k €	-307%	355,2 k €	-79.9%	1,8 M €	+56.6%	1,1 M €	+47.3%	767 k €	-4.7%	805,2 k €	+20.0%	671 k €	-29.5%	951,5 k €	-31.0%	1,4 M €	-18.4%	1,7 M €	+16.5%	1,5 M €	+41.6%	1 M €	+10.3%	928,6 k €	+213%	296,6 k €
Operating result	-2 M €	-711%	-251,3 k €	+87.8%	-2,1 M €	-104%	-1 M €	-12.8%	-898,4 k €	-527%	210,6 k €	-79.3%	1 M €	+57.0%	647,4 k €	+94.0%	333,7 k €	-0.6%	335,9 k €	+65.5%	203 k €	+2896%	-7,3 k €	-102%	409,1 k €	-54.3%	895,8 k €	+18.7%	754,8 k €	+28.4%	587,9 k €	+2.0%	576,3 k €	+174%	210,6 k €
Net result	-4,4 M €	-535%	-692,2 k €	+82.2%	-3,9 M €	-74.8%	-2,2 M €	-39.5%	-1,6 M €	-298%	-401,2 k €	-234%	300,4 k €	-27.4%	413,7 k €	+145%	169,2 k €	+144%	69,5 k €	+428%	13,2 k €	+105%	-250,6 k €	+10.3%	-279,3 k €	-170%	399,4 k €	+10.2%	362,5 k €	+54.4%	234,7 k €	-26.8%	320,6 k €	+176%	116,2 k €
Balance sheet
Equity	-2,7 M €	-256%	1,7 M €	-28.7%	2,4 M €	+301%	-1,2 M €	-217%	1 M €	-60.9%	2,6 M €	-13.3%	3 M €	+11.0%	2,7 M €	+17.8%	2,3 M €	+7.8%	2,1 M €	+3.3%	2,1 M €	+4.8%	2 M €	-5.9%	2,1 M €	-11.8%	2,4 M €	+92.8%	1,2 M €	+41.3%	875,6 k €	+38.5%	632,4 k €	+112%	298 k €
Total assets	42,7 M €	-3.0%	44 M €	+12.5%	39,1 M €	+7.0%	36,6 M €	+24.3%	29,4 M €	+6.8%	27,6 M €	+32.4%	20,8 M €	+101%	10,4 M €	+14.5%	9,1 M €	+15.6%	7,8 M €	+0.2%	7,8 M €	-0.9%	7,9 M €	+5.5%	7,5 M €	+3.0%	7,2 M €	+20.1%	6 M €	+32.2%	4,6 M €	+121%	2,1 M €	+41.6%	1,5 M €
Cash	70,2 k €	-92.9%	986,1 k €	+351%	218,6 k €	-69.8%	723,2 k €	+34.6%	537,1 k €	+84.7%	290,8 k €	+9.0%	266,9 k €	+44.5%	184,7 k €	+3485%	5,2 k €	+807%	568 €	-71.6%	2 k €	-94.4%	35,8 k €	+392%	7,3 k €	-95.7%	168,7 k €	+2484%	6,5 k €	-60.9%	16,7 k €	+1401%	1,1 k €	-86.4%	8,2 k €
Debts	45,2 M €	+7.6%	42,1 M €	+15.3%	36,5 M €	-3.4%	37,8 M €	+33.0%	28,4 M €	+14.0%	24,9 M €	+40.2%	17,8 M €	+136%	7,5 M €	+13.4%	6,6 M €	+20.4%	5,5 M €	+8.0%	5,1 M €	-12.5%	5,8 M €	+8.7%	5,4 M €	+10.2%	4,9 M €	+1.5%	4,8 M €	+30.1%	3,7 M €	+159%	1,4 M €	+23.6%	1,2 M €
Other
Workforce	11,9 ETP	-4.0%	12,4 ETP	-1.6%	12,6 ETP	+8.6%	11,6 ETP	+54.7%	7,5 ETP	+121%	3,4 ETP	+61.9%	2,1 ETP	+16.7%	1,8 ETP	-28.0%	2,5 ETP	-10.7%	2,8 ETP	+47.4%	1,9 ETP	-32.1%	2,8 ETP	-75.9%	11,6 ETP	+22.1%	9,5 ETP	+15.9%	8,2 ETP	+30.2%	6,3 ETP	+23.5%	5,1 ETP	+219%	1,6 ETP

Governance

Board of directors

Seen on filing of 31/12/2024 · 4 active · 22 ended

Active mandates

APPROFIT

Director · since 09 juin 2023 · until 09 juin 2029 · 0819.199.147

Represented by Jean-Pierre Debucke

Active

FLEURBAEY & PARTNERS

Managing director · since 09 juin 2023 · until 09 juin 2029 · 0430.507.180

Represented by Chris Fleurbaey

Active

STEELCO INVEST

Director · since 09 juin 2023 · until 09 juin 2029 · 0685.868.984

Represented by Gregory De Clerck

Active

STERRE INVEST

Director · since 09 juin 2023 · until 09 juin 2029 · 0506.934.173

Represented by Koen De Potter

Active

Ended mandates

STEELCO INVEST

Director · since 28 mai 2018 · until 09 juin 2022 · 0685.868.984

Represented by Gregory De Clerck

Ended

STEELCO INVEST

Director · since 28 mai 2018 · until 09 juin 2022 · 0685.868.984

Represented by Gregory De Clerck

Ended

STEELCO INVEST

Director · since 28 mai 2018 · until 09 juin 2023 · 0685.868.984

Represented by Gregory De Clerck

Ended

APPROFIT

Director · since 09 juin 2016 · until 09 juin 2023 · 0819.199.147

Represented by Jean-Pierre Debucke

Ended

At this address

Other companies at this address

Company	CBE no.
AFIX● Active	0842.430.350
AFIX GROUP BTW-EENHEID● Active	0843.996.703
AFIX SERVICES● Active	0686.975.180
FINSCAFF● Active	0777.588.721
STEELCO INVEST● Active	0685.868.984

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	03/11/2025	12/09/2024	20/07/2023	14/07/2022	28/06/2021	11/08/2020
General meeting	29/10/2025	11/09/2024	22/06/2023	27/06/2022	10/06/2021	11/06/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	29/10/2025	03/11/2025	Dutch	PDF
Full model	31/12/2023	11/09/2024	12/09/2024	Dutch	PDF
Full model	31/12/2022	22/06/2023	20/07/2023	Dutch	PDF
Full model	31/12/2021	27/06/2022	14/07/2022	Dutch	PDF
Full model	31/12/2020	10/06/2021	28/06/2021	Dutch	PDF
Full model	31/12/2019	11/06/2020	11/08/2020	Dutch	PDF
Abridged model	31/12/2018	13/06/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	03/08/2018	Dutch	PDF
Abridged model	31/12/2016	08/06/2017	03/07/2017	Dutch	PDF
Abridged model	31/12/2015	09/06/2016	11/08/2016	Dutch	PDF
Abridged model	31/12/2014	11/06/2015	10/07/2015	Dutch	PDF
Abridged model	31/12/2013	12/06/2014	04/09/2014	Dutch	PDF
Abridged model	31/12/2012	13/06/2013	09/07/2013	Dutch	PDF
Abridged model	31/01/2012	30/08/2012	28/09/2012	Dutch	PDF
Abridged model	31/01/2011	31/08/2011	30/09/2011	Dutch	PDF
Abridged model	31/01/2010	29/07/2010	27/08/2010	Dutch	PDF
Abridged model	31/01/2009	30/07/2009	23/09/2009	Dutch	PDF
Abridged model	31/01/2008	31/07/2008	07/08/2008	Dutch	PDF
Abridged model	31/01/2007	26/07/2007	30/07/2007	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 31/12/2024 · 4 active · 22 ended

Active mandates

APPROFIT

Director · since 09 juin 2023 · until 09 juin 2029 · 0819.199.147

Represented by Jean-Pierre Debucke

Active

FLEURBAEY & PARTNERS

Managing director · since 09 juin 2023 · until 09 juin 2029 · 0430.507.180

Represented by Chris Fleurbaey

Active

STEELCO INVEST

Director · since 09 juin 2023 · until 09 juin 2029 · 0685.868.984

Represented by Gregory De Clerck

Active

STERRE INVEST

Director · since 09 juin 2023 · until 09 juin 2029 · 0506.934.173

Represented by Koen De Potter

Active

Ended mandates

STEELCO INVEST

Director · since 28 mai 2018 · until 09 juin 2022 · 0685.868.984

Represented by Gregory De Clerck

Ended

STEELCO INVEST

Director · since 28 mai 2018 · until 09 juin 2022 · 0685.868.984

Represented by Gregory De Clerck

Ended

STEELCO INVEST

Director · since 28 mai 2018 · until 09 juin 2023 · 0685.868.984

Represented by Gregory De Clerck

Ended

APPROFIT

Director · since 09 juin 2016 · until 09 juin 2023 · 0819.199.147

Represented by Jean-Pierre Debucke

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares03/08/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates15/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares25/10/2022
KAPITAAL - AANDELEN
PDF
Mandates28/02/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/09/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/09/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/09/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/08/2016
ONTSLAGEN - BENOEMINGEN
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

2024
Annual accounts 2024-4,4 M €↓
2023
Annual accounts 2023-692,2 k €↑
2022
Annual accounts 2022-3,9 M €↓
2021
Annual accounts 2021-2,2 M €↓
2020
Annual accounts 2020-1,6 M €↓
2019
Annual accounts 2019-401,2 k €↓
2018
Annual accounts 2018300,4 k €↓
2017
Annual accounts 2017413,7 k €↑
2016
Annual accounts 2016169,2 k €↑
2015
Annual accounts 201569,5 k €↑
2014
Annual accounts 201413,2 k €↑
2013
Annual accounts 2013-250,6 k €↑
2012
Annual accounts 2012-279,3 k €↓
2011
Annual accounts 2011399,4 k €↑
2010
Annual accounts 2010362,5 k €↑
2009
Annual accounts 2009234,7 k €↓
2008
Annual accounts 2008320,6 k €↑
2007
Annual accounts 2007116,2 k €
27/02/2004
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

AFIX GROUP

Overview

What does AFIX GROUP do?

Trend over 18 financial years

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