ACTIVE

AF-LOGI

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Financial year 2025 · closed on 31/12/2025
Net result
48 k €
+369.7% YoY
Gross margin
189,9 k €
+45.3% YoY
Equity
686,4 k €
+7.4% YoY
Workforce
0,3 ETP

What does AF-LOGI do?

AF-LOGI is a Private limited company incorporated in 2005. Its main activity is: Treatment and disposal of non-hazardous waste. Its registered office is in Harelbeke. It employs on average 0,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0876.911.573
Incorporation
25/10/2005
Legal form
Private limited company
Registered office
Waregemsestraat 1
8530 Harelbeke · FlandreSee on map
Contributed capital
18 550,00 €
Latest accounts
31/12/2025
Average workforce
0,3 ETP
Activities (NACE)
38210Treatment and disposal of non-hazardous waste· main46779Wholesale of waste and scrap46879Wholesale trade, except of motor vehicles and motorcycles38210Treatment and disposal of non-hazardous waste38321Recovery of sorted materials38329Recovery of sorted materials+2
Joint committees (1)
  • 14201
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 14 financial years

20252024202320222016201520142013201220112010200920082007
Income statement
Gross margin189,9 k €130,7 k €144,4 k €622,4 k €126,1 k €158,1 k €116,8 k €74,7 k €61,2 k €76,1 k €83,6 k €51,5 k €24,7 k €7,5 k €
EBITDA178,7 k €128,4 k €142,5 k €582,4 k €42,2 k €83,8 k €56,3 k €52,6 k €58,1 k €73,8 k €70,4 k €49 k €20,1 k €3,4 k €
Operating result64,6 k €16,8 k €30,5 k €476,7 k €7 k €40 k €12,2 k €4,4 k €-3,3 k €23,5 k €29,1 k €20,6 k €-1,6 k €2,4 k €
Net result48 k €10,2 k €20,1 k €374,4 k €3,5 k €31,1 k €11,8 k €4,4 k €-5,8 k €15,4 k €12,3 k €14,1 k €-4,9 k €-896,6 €
Balance sheet
Equity686,4 k €639,2 k €629,8 k €610,6 k €102,5 k €99,1 k €82 k €70,1 k €65,8 k €71,5 k €56,1 k €47,3 k €34,1 k €39,1 k €
Total assets798 k €758,3 k €746,2 k €880,4 k €186 k €224 k €225,6 k €226,3 k €204,5 k €176,4 k €174,6 k €138,7 k €124,3 k €93,4 k €
Cash127,9 k €200,7 k €166,3 k €313,2 k €10,7 k €57,2 k €4,1 k €43,8 k €20 k €30,2 k €38,3 k €9,7 k €21,8 k €23,9 k €
Debts111,6 k €117,9 k €116,4 k €269,8 k €82,3 k €123,8 k €141,6 k €156 k €138,8 k €104,9 k €116,8 k €91,5 k €90,2 k €54,2 k €
Other
Workforce0,3 ETP–––2,3 ETP1,9 ETP1,7 ETP0,3 ETP––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

Isabel Verschuere

Bestuurder · since 23 juin 2026

Active
Frederique Verschuere

Bestuurder · since 17 octobre 2005

Active

Ended mandates

Frederique Verschuere

Director · since 17 octobre 2005

Ended
Frederique Verschuere

Manager · since 17 octobre 2005

Ended
Marnix Verschuere

Manager · since 17 octobre 2005 · until 31 janvier 2017

Ended
Marnix Verschuere

Manager · since 17 octobre 2005

Ended
At this address

Other companies at this address

CompanyCBE no.
EL CASA NOVA● Active
0441.736.218
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/07/202101/07/202001/07/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months18 months12 months12 months
Filing date15/09/202626/09/202504/10/202403/10/202328/01/202229/01/2021
General meeting27/06/202628/06/202529/06/202424/06/202331/12/202131/12/2020
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202527/06/202615/09/2026DutchPDF
Abridged model31/12/202428/06/202526/09/2025DutchPDF
Abridged model31/12/202329/06/202404/10/2024DutchPDF
Micro model31/12/202224/06/202303/10/2023DutchPDF
Micro model30/06/202131/12/202128/01/2022DutchPDF
Micro model30/06/202031/12/202029/01/2021DutchPDF
Micro model30/06/201920/12/201931/01/2020DutchPDF
Micro model30/06/201820/12/201831/01/2019DutchPDF
Micro model30/06/201723/01/201826/01/2018DutchPDF
Abridged model30/06/201627/12/201625/01/2017DutchPDF
Abridged model30/06/201526/01/201627/01/2016DutchPDF
Abridged model30/06/201422/12/201415/01/2015DutchPDF
Abridged model30/06/201320/01/201431/01/2014DutchPDF
Abridged model30/06/201220/12/201221/12/2012DutchPDF
Abridged model30/06/201131/01/201206/02/2012DutchPDF
Abridged model30/06/201029/01/201103/02/2011DutchPDF
Abridged model30/06/200908/02/201009/02/2010DutchPDF
Abridged model30/06/200820/12/200822/12/2008DutchPDF
Abridged model30/06/200720/12/200720/12/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 2 active · 7 ended

Active mandates

Isabel Verschuere

Bestuurder · since 23 juin 2026

Active
Frederique Verschuere

Bestuurder · since 17 octobre 2005

Active

Ended mandates

Frederique Verschuere

Director · since 17 octobre 2005

Ended
Frederique Verschuere

Manager · since 17 octobre 2005

Ended
Marnix Verschuere

Manager · since 17 octobre 2005 · until 31 janvier 2017

Ended
Marnix Verschuere

Manager · since 17 octobre 2005

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/07/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Capital / shares04/01/2018
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates19/05/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other16/10/2008
    BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office16/11/2006
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other07/11/2005
    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 202548 k €↑
  2. 2024
    Annual accounts 202410,2 k €↓
  3. 2023
    Annual accounts 202320,1 k €↓
  4. 2022
    Annual accounts 2022374,4 k €↑
  5. 2016
    Annual accounts 20163,5 k €↓
  6. 2015
    Annual accounts 201531,1 k €↑
  7. 2014
    Annual accounts 201411,8 k €↑
  8. 2013
    Annual accounts 20134,4 k €↑
  9. 2012
    Annual accounts 2012-5,8 k €↓
  10. 2011
    Annual accounts 201115,4 k €↑
  11. 2010
    Annual accounts 201012,3 k €↓
  12. 2009
    Annual accounts 200914,1 k €↑
  13. 2008
    Annual accounts 2008-4,9 k €↓
  14. 2007
    Annual accounts 2007-896,6 €
  15. 25/10/2005
    IncorporationPrivate limited company