NORMAL SITUATION

AFS-EXPORT

Financial year 2021 · closed on 31/12/2021
Net result
39,5 k €
+108.9% YoY
Gross margin
53,7 k €
+104.5% YoY
Equity
153,7 k €
+34.6% YoY

Company — Normal situation.

What does AFS-EXPORT do?

AFS-EXPORT is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0898.256.127
Legal form
Public limited company
Contributed capital
63 000,00 €
Latest accounts
31/12/2021
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2021202020192018201720162015201420132012201120102009
Income statement
Gross margin53,7 k €26,2 k €26,9 k €68,5 k €23,1 k €34,8 k €77,4 k €63,2 k €-26,5 k €-9,7 k €-49,5 k €-29,5 k €-88,9 k €
EBITDA53,2 k €25,5 k €26,1 k €67,7 k €22,3 k €34,1 k €76,6 k €61,7 k €-28 k €-11,1 k €-51,1 k €-30,7 k €-91,1 k €
Operating result53,2 k €25,5 k €26,1 k €67,7 k €22,3 k €34,1 k €76,6 k €61,7 k €-28 k €-15 k €-54,4 k €-34 k €-97,7 k €
Net result39,5 k €18,9 k €8,6 k €63,6 k €22,4 k €33,7 k €76,3 k €61,5 k €-28,2 k €-15,1 k €-55,1 k €-35,2 k €-100,2 k €
Balance sheet
Equity153,7 k €114,2 k €95,3 k €86,7 k €23,1 k €692 €-33 k €-109,3 k €-170,8 k €-142,6 k €-127,5 k €-72,4 k €-37,2 k €
Total assets171,3 k €148,1 k €112 k €96,8 k €35,2 k €27,6 k €37,5 k €64 k €12 k €12,2 k €7,5 k €12,8 k €26 k €
Cash169,5 k €131,8 k €102 k €78,5 k €32,8 k €7 k €19,4 k €14,2 k €11,6 k €9,2 k €2,9 k €4,9 k €6,2 k €
Debts17,6 k €33,9 k €14,4 k €10,1 k €12,1 k €26,9 k €70,4 k €173,3 k €182,8 k €154,8 k €135 k €85,2 k €63,2 k €
Governance

Board of directors

Seen on filing of 31/12/2021 · 2 active · 13 ended

Active mandates

Patrick Deseille

Director · since 19 mai 2008 · until 31 mars 2021

Active
VDS

Managing director · since 19 mai 2008 · until 04 mai 2026 · 0443.713.137

Represented by Koen BLANCHAERT

Active

Ended mandates

Patrick Deseille

Director · since 02 mai 2020 · until 31 mars 2021

Ended
VDS

Managing director · since 02 mai 2020 · until 04 mai 2026 · 0443.713.137

Represented by Johan Blanchaert

Ended
Patrick Desseile

Director · since 19 mai 2014 · until 19 mai 2020

Ended
Patrick Desseille

Director · since 19 mai 2014 · until 19 mai 2020

Ended
Annual accounts

Full financial information

202120202019201820172016
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202101/01/202001/01/201901/01/201801/01/201701/01/2016
Closing of the financial year31/12/202131/12/202031/12/201931/12/201831/12/201731/12/2016
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date25/07/202226/08/202121/08/202031/08/201904/07/201821/08/2017
General meeting06/05/202207/05/202102/05/202003/05/201904/05/201805/05/2017
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202106/05/202225/07/2022DutchPDF
Abridged model31/12/202007/05/202126/08/2021DutchPDF
Abridged model31/12/201902/05/202021/08/2020DutchPDF
Abridged model31/12/201803/05/201931/08/2019DutchPDF
Abridged model31/12/201704/05/201804/07/2018DutchPDF
Abridged model31/12/201605/05/201721/08/2017DutchPDF
Abridged model31/12/201506/05/201609/06/2016DutchPDF
Abridged model31/12/201402/05/201502/07/2015DutchPDF
Abridged model31/12/201302/05/201405/06/2014DutchPDF
Abridged model31/12/201203/05/201323/08/2013DutchPDF
Abridged model31/12/201104/05/201222/08/2012DutchPDF
Abridged model31/12/201006/05/201118/08/2011DutchPDF
Abridged model31/12/200907/05/201030/08/2010DutchPDF
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 31/12/2021 · 2 active · 13 ended

Active mandates

Patrick Deseille

Director · since 19 mai 2008 · until 31 mars 2021

Active
VDS

Managing director · since 19 mai 2008 · until 04 mai 2026 · 0443.713.137

Represented by Koen BLANCHAERT

Active

Ended mandates

Patrick Deseille

Director · since 02 mai 2020 · until 31 mars 2021

Ended
VDS

Managing director · since 02 mai 2020 · until 04 mai 2026 · 0443.713.137

Represented by Johan Blanchaert

Ended
Patrick Desseile

Director · since 19 mai 2014 · until 19 mai 2020

Ended
Patrick Desseille

Director · since 19 mai 2014 · until 19 mai 2020

Ended
Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2021
    Annual accounts 202139,5 k €
  2. 2020
    Annual accounts 202018,9 k €
  3. 2019
    Annual accounts 20198,6 k €
  4. 2018
    Annual accounts 201863,6 k €
  5. 2017
    Annual accounts 201722,4 k €
  6. 2016
    Annual accounts 201633,7 k €
  7. 2015
    Annual accounts 201576,3 k €
  8. 2014
    Annual accounts 201461,5 k €
  9. 2013
    Annual accounts 2013-28,2 k €
  10. 2012
    Annual accounts 2012-15,1 k €
  11. 2011
    Annual accounts 2011-55,1 k €
  12. 2010
    Annual accounts 2010-35,2 k €
  13. 2009
    Annual accounts 2009-100,2 k €