Turnover
≈ €63,000 estimated
The accounts state no turnover.
AVAN
Lifetime
20 annual accounts with figures on one time axis, 34 filings since 1992peak €43,382 (2016)
€9,287▼ 72.0%
lowest -€26,502 (2023)
-€19,955▼ €25,347
peak €238,599 (2020)
€168,239▼ 10.6%
€218,096▼ 2.7%
Board2 names since 1999
-
Documentsfilings and deeds
17-08-202617 days late
2025abbreviated format
Gross margin from €33,225 to €9,287Loss of €19,955Cash from €87,126 to €42,042
Key points
from the 2025 annual accountsInvestments
€37,654 1.6 × depreciation
Green is investment, beige is depreciation.
Filings
34 annual accounts since 1992
Ten of the last ten came late. The 2019 accounts came latest: 70 days after the end of the period.
Checked score
86
Excellent
Financially stronger than 30% of micro companies without a NACE code
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.5%▲ +0.3 percentage points vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025highest value
10-2025: < 0.1%▼ -0.5 percentage points vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026lowest value
03-2026: < 0.1%● unchanged vs 02-2026lowest value
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: 0.1%▲ +0.1 percentage points vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Loss of €19,955 (financial year 2025)
No main activity registered
lowers risk
Size: total assets €413,603
Figures for financial year 2025 (filed on 20-08-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 39% of them on solvency, 29% on liquidity, 27% on profitability and 24% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 12,322 companies had the same profile as AVAN has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of AVAN itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 12,322 companies, not a prediction for AVAN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €14,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.3 (0.57 in 2024), below 1. Short-term debt is 36.4% and cash 10.2% of total assets. 59.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 17 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
17 days late
2024
28 days late
2023
30 days late
2022
18 days late
2021
25 days late
2020
27 days late
2019
70 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 31 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Environmental permit granted
Gevel-, dak-, instandhoudings- en renovatiewerken binnen een gebouw, zonder volume- of oppervlaktewijziging · Oostende
Reappointments: Vanderleen Roland (managing director) and Avereyn Marianne (managing director)
General meeting of 22-03-2023 · Gazette deed
First establishment
AVAN NV, Resedalaan 11, Ostend
Incorporation
published on 07-01-1992 · Gazette deed
Official details
Source: KBO- Status
- Active since 23-12-1991Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.055.554.5168400 Ostend, since 31-12-1991
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on AVAN
AVAN files the abbreviated format. That format states no turnover. The gross margin fell from €27,914 in 2006 to €9,287 in 2025.
The balance sheet grew most in 2013 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about AVAN
- What is the company number of AVAN?
- The company number of AVAN is 0446.051.926. The VAT number is the same number with BE in front: BE 0446.051.926.
- Where is AVAN based?
- The registered office is at Resedalaan 11, 8400 Ostend.Company details
- What is the legal form of AVAN?
- AVAN is a public limited company (NV).
- When was AVAN founded?
- AVAN was founded on 23-12-1991.
- Is AVAN still active?
- Yes, AVAN is an active enterprise in the KBO register.
- What is the turnover of AVAN?
- The turnover in financial year 2025 is ≈ €63,000. This figure is estimated from the gross margin of €9,287 and 2,728 comparable companies of the same size. It probably lies between €26,000 and €160,000. It is a rough estimate.Financials
- Is AVAN profitable?
- In financial year 2025, AVAN made a loss of €19,955.
- Where can I find the annual accounts of AVAN?
- AVAN filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of AVAN due?
- AVAN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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