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A VI FORNE

Active
Private limited companyfounded 2018active for 8 yearsRue Neuray 3, 4801 Verviers, BelgiumKBO/BCE: BE 0695.454.861
Summary

A VI FORNE has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€17,053) and a net result of €5,119. Equity is growing by about 12% per year across the filed financial years. Its solvency ranks better than 20% of 1,867 sector peers (NACE 10, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Activity
Artisanal bread and fresh pastry making
NACE 10712
1 site
Size
€486,492total assets 2025
Staff
4.3 FTE
Equity
-€17,053
Profit
€5,119
Turnover not published (micro format)
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Structure
Accounts 143 days early0 of 3 deeds read
Why 54raises riskCapped at 59: negative equitySector: Manufacture of food products (NACE 10)Negative equity -€17,053lowers riskSize: total assets €486,492Figures for financial year 2025 (filed 12-03-2026)Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 32% of its sector peers (NACE 10, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 21-2
equity -3.5% of total assets
Liquidity 53+1
short-term debt 22.7% · cash 8.4%
Profitability 70-2
return on assets 1.1%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.1% (3,076 companies, NACE 10, micro)
Last 24 months 11-2024: 1.3% 12-2024: 1.3%● unchanged vs 11-2024 01-2025: 1.3%● unchanged vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025highest value 04-2025: 1.3%● unchanged vs 03-2025 05-2025: 1.3%● unchanged vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 1.3%● unchanged vs 06-2025 08-2025: 1.3%● unchanged vs 07-2025 09-2025: 1.3%● unchanged vs 08-2025 10-2025: 1.3%● unchanged vs 09-2025 11-2025: 1.3%● unchanged vs 10-2025 12-2025: 1.2%▼ -0.1 percentage points vs 11-2025 01-2026: 1.2%● unchanged vs 12-2025 02-2026: 1.1%▼ -0.1 percentage points vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.3%▲ +0.2 percentage points vs 03-2026 05-2026: 1.3%● unchanged vs 04-2026 06-2026: 1.1%▼ -0.2 percentage points vs 05-2026 07-2026: 1.1%● unchanged vs 06-2026 08-2026: 1.1%● unchanged vs 07-2026 09-2026: 1.0%▼ -0.1 percentage points vs 08-2026lowest value 10-2026: 1.0%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.76, compared with 0.71 in 2024, below 1; short-term debt: 22.7% and cash: 8.4% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (NACE 10, micro): better than 18% on solvency, 54% on liquidity, 46% on profitability and 12% on growth.

The bankruptcy probability was computed on 18-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €486,492
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Manufacture of food products (NACE 10)
KBO
raises risk · Negative equity -€17,053
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 12-03-2026)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 1867 sector peers (2025).
NBB · sector comparison
Position among 1867 sector peers
Solvency
better than 20%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-03-2026, 143 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
143 days early
2024
129 days early
2023
141 days early
2022
137 days early
2021
102 days early
2020
47 days early
2019
30 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 104 days before the deadline; the sector median (NACE 10) for financial year 2024 is 4 days before the deadline, and 38% of those companies filed 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 16 March (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
18-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€17,053 View
  • Caution: Among the weakest 15% on equitysector median €51,972 · 1,870 companies -€17,053 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 6 profitable years in a rowprofit 2025: €5,119 6 years View

By topic

Financials

Financial year
2025
Total assets
€486,492
Profit
€5,119
Solvency
-3.5%
Total assets▼ 15.0%
Net result
20182025
Go to Financials

Timeline

Events
10
Since
2019
Next accounts
by 31-07-2027
  1. 16-03-2023Annual accounts filed
  2. 20-04-2022Annual accounts filed
  3. 31-12-2021Highest result from 2018 to 2025
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Artisanal bread and fresh pastry makingNACE 10712
Founded
25-04-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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