ADVENSED
ActiveSummary
The computed 12-month bankruptcy probability of ADVENSED is 11.6% (high). For ADVENSED, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €48,421 and a net result of -€11,128. Equity is shrinking by about 8.9% per year across the filed financial years. The company has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2023, micro format
2024 annual accounts not yet filed, deadline passed on 31 January 2025 Financial year closed on 30 June 2024; filing due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 30 October 2026.
2019 to 2023, 5 financial years 2019 to 2023, 5 financial years
The operating result turns negative in 2023: a loss of €218 after €12,008 in 2022.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €8,517 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,666 | €5,666 | €5,666 | €5,666 | €5,666 | = |
| Gross operating margin9900 | €30,019 | €253 | €4,362 | €26,192 | €5,448 | ▼ 79.2% |
| Operating profit (loss)9901 | €24,352 | -€5,414 | -€1,304 | €12,008 | -€218 | - |
| Recurring financial income75 | €21,135 | €18,373 | - | - | - | - |
| Financial charges65/66B | - | - | - | €12,740 | €10,910 | ▼ 14.4% |
| Recurring financial charges65 | €17,308 | €16,085 | €15,611 | €12,740 | €10,910 | ▼ 14.4% |
| Profit (loss) for the period before taxes9903 | €28,179 | -€3,126 | -€16,916 | -€732 | -€11,128 | ▼ 1,421% |
| Income taxes67/77 | €2,690 | - | €10,688 | - | - | - |
| Profit (loss) for the period9904 | €25,489 | -€3,126 | -€7,179 | -€732 | -€11,128 | ▼ 1,421% |
| Profit (loss) for the period to be appropriated9905 | €25,489 | -€3,126 | €32,488 | -€732 | -€11,128 | ▼ 1,421% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €524,101 | €495,629 | €453,274 | €397,351 | €301,686 | ▼ 24.1% |
| Fixed assets21/28 | €146,639 | €140,972 | €135,306 | €129,639 | €123,973 | ▼ 4.4% |
| Tangible fixed assets22/27 | €146,639 | €140,972 | €135,306 | €129,639 | €123,973 | ▼ 4.4% |
| Land and buildings22 | - | - | - | €129,639 | €123,973 | ▼ 4.4% |
| Current assets29/58 | €377,462 | €354,657 | €317,968 | €267,711 | €177,713 | ▼ 33.6% |
| Amounts receivable within one year40/41 | €369,973 | €354,439 | €316,189 | €266,747 | €172,455 | ▼ 35.3% |
| Trade receivables40 | - | - | - | €600 | - | - |
| Other amounts receivable41 | - | - | - | €266,147 | €172,455 | ▼ 35.2% |
| Cash at bank and in hand54/58 | €4,390 | €219 | €1,780 | €964 | €5,258 | ▲ 445% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €524,101 | €495,629 | €453,274 | €397,351 | €301,686 | ▼ 24.1% |
| Equity10/15 | €70,585 | €67,459 | €60,280 | €59,548 | €48,421 | ▼ 18.7% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | - | - | €6,200 | €6,200 | = |
| Issued capital100 | - | - | - | €18,600 | €18,600 | = |
| Uncalled capital101 | - | - | - | €12,400 | €12,400 | = |
| Revaluation surpluses12 | - | - | - | €19,260 | €19,260 | = |
| Reserves13 | €39,667 | €39,667 | - | - | - | - |
| Profit (loss) carried forward14 | €5,458 | €2,332 | €34,820 | €34,088 | €22,961 | ▼ 32.6% |
| Provisions and deferred taxes16 | €20,425 | €20,425 | - | - | - | - |
| Amounts payable17/49 | €433,091 | €407,745 | €392,994 | €337,802 | €253,265 | ▼ 25.0% |
| Amounts payable after more than one year17 | €329,189 | €295,103 | €261,998 | €217,169 | €170,485 | ▼ 21.5% |
| Financial debts170/4 | - | - | - | €217,169 | €170,485 | ▼ 21.5% |
| Amounts payable within one year42/48 | €102,549 | €112,642 | €130,996 | €120,633 | €81,984 | ▼ 32.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €44,829 | €46,684 | ▲ 4.1% |
| Trade debts44 | €6,570 | €2,348 | €3,466 | €2,328 | - | - |
| Suppliers440/4 | - | - | - | €2,328 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €33 | - | - |
| Remuneration and social security454/9 | - | - | - | €33 | - | - |
| Other amounts payable47/48 | - | - | - | €73,443 | €35,300 | ▼ 51.9% |
| Accrued charges and deferred income492/3 | - | - | - | - | €797 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,489 | -€3,126 | -€7,179 | -€732 | -€11,128 | ▼ 1,421% |
| + Depreciation and write-downs630 | €5,666 | €5,666 | €5,666 | €5,666 | €5,666 | = |
| Operating cash flow (approximation) | €31,155 | €2,540 | -€1,512 | €4,935 | -€5,461 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€4,171 | €1,561 | -€816 | €4,294 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2023 | micro format | 27-02-2024 | 2024-00034809 |
| 30-06-2022 | micro format | 30-01-2023 | 2023-00021638 |
| 30-06-2021 | micro format | 31-01-2022 | 2022-04000226 |
| 30-06-2020 | micro format | 29-04-2021 | 2021-12000443 |
| 30-06-2019 | micro format | 21-10-2020 | 2020-62100381 |
| 30-06-2018 | micro format | 28-02-2019 | 2019-06500276 |
| 30-06-2017 | micro format | 15-10-2018 | 2018-69200489 |
| 30-06-2016 | full format | 15-10-2018 | 2018-69200490 |
| 30-06-2015 | full format | 29-02-2016 | 2016-05700463 |
| 30-06-2013 | full format | 27-02-2014 | 2014-05300228 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.