AFIMAN
0896.003.747 · rovalta.com · 22/09/2026
ACTIVE
AFIMAN
Financial year 2025 · closed on 31/12/2025
Net result
44,5 k €
+527.5% YoY
Gross margin
45,9 k €
+611.4% YoY
Equity
-893,8 k €
+4.7% YoY
Overview
What does AFIMAN do?
AFIMAN is a Private limited company incorporated in 2008. Its main activity is: Management consultancy activities. Its registered office is in Malmedy.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0896.003.747
Incorporation
26/02/2008
Legal form
Private limited company
Registered office
Baugnez-Route de Luxembourg 16
4960 Malmedy · WallonieSee on map
4960 Malmedy · WallonieSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities38210Treatment and disposal of non-hazardous waste38211Treatment and disposal of non-hazardous waste38212Treatment and disposal of non-hazardous waste38213Treatment and disposal of non-hazardous waste+3
Signals
ProfitablePositive cashflowPositive EBITDA
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Financials
Trend over 17 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||
| Gross margin | 45,9 k € | +611% | -9 k € | +8.5% | -9,8 k € | -14.8% | -8,6 k € | +24.6% | -11,3 k € | -16.2% | -9,8 k € | +84.4% | -62,5 k € | +5.3% | -66 k € | -17.2% | -56,3 k € | +56.9% | -130,5 k € | -490% | -22,1 k € | +54.2% | -48,4 k € | +56.1% | -110,2 k € | -26.4% | -87,2 k € | -26.4% | -69 k € | -254% | 44,6 k € | -37.3% | 71,2 k € |
| EBITDA | 44,8 k € | +546% | -10,1 k € | +8.7% | -11 k € | -15.4% | -9,5 k € | +25.4% | -12,8 k € | +95.3% | -272,6 k € | -324% | -64,2 k € | +3.7% | -66,7 k € | -16.0% | -57,5 k € | +56.5% | -132,2 k € | -472% | -23,1 k € | +53.3% | -49,4 k € | +55.5% | -111,2 k € | -18.2% | -94,1 k € | -29.2% | -72,8 k € | -279% | 40,8 k € | -32.2% | 60,1 k € |
| Operating result | 44,8 k € | +542% | -10,1 k € | +9.2% | -11,1 k € | -15.2% | -9,7 k € | +25.2% | -12,9 k € | +95.3% | -273,2 k € | -321% | -64,9 k € | +3.9% | -67,5 k € | -13.8% | -59,4 k € | +56.9% | -137,8 k € | -386% | -28,4 k € | +48.1% | -54,7 k € | +53.0% | -116,5 k € | -16.4% | -100,1 k € | -10.9% | -90,3 k € | -487% | 23,3 k € | -17.9% | 28,4 k € |
| Net result | 44,5 k € | +528% | -10,4 k € | +9.2% | -11,4 k € | -14.8% | -10 k € | +24.5% | -13,2 k € | +95.2% | -273,5 k € | -319% | -65,2 k € | +4.0% | -67,9 k € | -13.3% | -60 k € | +56.6% | -138,1 k € | -397% | 46,4 k € | +184% | -55,1 k € | +53.0% | -117 k € | -16.2% | -100,7 k € | -8.7% | -92,7 k € | -746% | 14,4 k € | -5.2% | 15,1 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||
| Equity | -893,8 k € | +4.7% | -938,3 k € | -1.1% | -927,9 k € | -1.2% | -916,4 k € | -1.1% | -906,5 k € | -1.5% | -893,2 k € | -44.1% | -619,7 k € | -11.8% | -554,5 k € | -14.0% | -486,6 k € | -14.1% | -426,6 k € | -47.8% | -288,5 k € | +13.9% | -335 k € | -19.7% | -279,9 k € | -71.8% | -162,9 k € | -162% | -62,2 k € | -304% | 30,5 k € | +31.8% | 23,1 k € |
| Total assets | 624,5 k € | +1.0% | 618,6 k € | +1.3% | 610,7 k € | +1.5% | 601,7 k € | +1.2% | 594,3 k € | +1.7% | 584,6 k € | -29.1% | 824,3 k € | +5.2% | 783,3 k € | +7.6% | 727,7 k € | +10.4% | 659,4 k € | -0.7% | 664,2 k € | +19.4% | 556,1 k € | +5.2% | 528,5 k € | +21.5% | 434,8 k € | +20.9% | 359,8 k € | +169% | 133,9 k € | -2.7% | 137,6 k € |
| Cash | 901,8 € | +974% | 83,9 € | -63.7% | 231,3 € | +54.3% | 149,9 € | -57.6% | 353,5 € | +25.3% | 282,1 € | -49.1% | 553,9 € | -86.5% | 4,1 k € | +213% | 1,3 k € | -18.3% | 1,6 k € | -98.0% | 79,3 k € | +32125% | 246 € | -71.1% | 851 € | +5.7% | 805 € | -86.9% | 6,2 k € | -79.8% | 30,5 k € | +17.4% | 26 k € |
| Debts | 1,5 M € | -2.5% | 1,6 M € | +1.2% | 1,5 M € | +1.3% | 1,5 M € | +1.2% | 1,5 M € | +1.5% | 1,5 M € | +2.3% | 1,4 M € | +7.9% | 1,3 M € | +10.2% | 1,2 M € | +11.8% | 1,1 M € | +14.4% | 949,1 k € | +6.5% | 891,1 k € | +11.1% | 802,2 k € | +34.5% | 596,4 k € | +47.6% | 403,9 k € | +380% | 84,2 k € | -14.7% | 98,8 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 2 ended
Active mandates
André Bodarwé
ActiveEnded mandates
André Bodarwé
EndedAndré BODARWE
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
A. DETHIER● Active | 0415.035.878 |
BODARWE CARRIERES● Active | 0416.628.559 |
BODARWE IMMO● Active | 0465.525.665 |
Boreta● Active | 0402.317.495 |
CARRIERES SCHAUSS● Active | 0445.677.881 |
FIBO● Active | 0451.844.806 |
LA BORGUEUSE HE● Active | 0753.707.123 |
PIERRE DE WAIMES● Active | 0439.273.408 |
PROBEMAL● Active | 0429.052.675 |
RACE WORLD HOLDING● Active | 0731.818.280 |
TRANSPORTS BODARWE MALMEDY● Active | 0880.876.301 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 26/08/2026 | 30/08/2025 | 30/08/2024 | 31/08/2023 | 31/08/2022 | 31/08/2021 |
| General meeting | 19/06/2026 | 20/06/2025 | 21/06/2024 | 16/06/2023 | 17/06/2022 | 18/06/2021 |
| 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 daysFilings
Annual accounts filings
17 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 19/06/2026 | 26/08/2026 | French | |
| Micro model | 31/12/2024 | 20/06/2025 | 30/08/2025 | French | |
| Micro model | 31/12/2023 | 21/06/2024 | 30/08/2024 | French | |
| Micro model | 31/12/2022 | 16/06/2023 | 31/08/2023 | French | |
| Micro model | 31/12/2021 | 17/06/2022 | 31/08/2022 | French | |
| Micro model | 31/12/2020 | 18/06/2021 | 31/08/2021 | French | |
| Micro model | 31/12/2019 | 19/06/2020 | 31/08/2020 | French | |
| Abridged model | 31/12/2018 | 21/06/2019 | 29/08/2019 | French | |
| Abridged model | 31/12/2017 | 15/06/2018 | 28/06/2018 | French | |
| Micro model | 31/12/2016 | 16/06/2017 | 28/06/2017 | French | |
| Abridged model | 31/12/2015 | 17/06/2016 | 08/08/2016 | French | |
| Abridged model | 31/12/2014 | 12/06/2015 | 20/07/2015 | French | |
| Abridged model | 31/12/2013 | 13/06/2014 | 30/10/2014 | French | |
| Abridged model | 31/12/2012 | 14/06/2013 | 09/07/2013 | French | |
| Abridged model | 31/12/2011 | 15/06/2012 | 25/09/2012 | French | |
| Abridged model | 31/12/2010 | 18/06/2011 | 29/07/2011 | French | |
| Abridged model | 31/12/2009 | 18/06/2010 | 16/07/2010 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 k€
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 2 ended
Active mandates
André Bodarwé
ActiveEnded mandates
André Bodarwé
EndedAndré BODARWE
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202544,5 k €↑
- 2024Annual accounts 2024-10,4 k €↑
- 2023Annual accounts 2023-11,4 k €↓
- 2022Annual accounts 2022-10 k €↑
- 2021Annual accounts 2021-13,2 k €↑
- 2020Annual accounts 2020-273,5 k €↓
- 2019Annual accounts 2019-65,2 k €↑
- 2018Annual accounts 2018-67,9 k €↓
- 2017Annual accounts 2017-60 k €↑
- 2016Annual accounts 2016-138,1 k €↓
- 2015Annual accounts 201546,4 k €↑
- 2014Annual accounts 2014-55,1 k €↑
- 2013Annual accounts 2013-117 k €↓
- 2012Annual accounts 2012-100,7 k €↓
- 2011Annual accounts 2011-92,7 k €↓
- 2010Annual accounts 201014,4 k €↓
- 2009Annual accounts 200915,1 k €
- 26/02/2008IncorporationPrivate limited company