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ADVICE OFFICE

Active
Private limited companyfounded 199036 yrs activeZeedijk-Knokke 447, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 0441.089.484
Summary

ADVICE OFFICE has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €799,488 and a net result of -€25,004. Equity remains stable across the filed fiscal years (±0.4% per year). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability42▲+2
Solvency67▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity short (current ratio 0.03 against 0.17 in 2024; short-term debt: 14.7% and cash: 0.1% of total assets), and 58% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 36 years 0 40 y
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€25,004
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-01-2026, 19 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
19 d early
2024
7 d early
2023
on the day
2022
28 d early
2021
47 d early
2020
44 d early
2019
44 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 27 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 12 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 27 June 1990, ADVICE OFFICE was incorporated.1 Total assets went from EUR 1.9 million in 2019 to EUR 1.9 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€799,488▼ 3.0%
2024 · €824,492
Total assets
€1.9m▲ 5.4%
2024 · €1.8m
Net result
-€25,004▼ 41.7%
2024 · -€17,643
Working capital
-€271,228▼ 138%
2024 · -€113,787
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€177,318€9,058€18,134▲ 100%€5,466▼ 69.9%€7,834▲ 43.3%
Net result€1,312▼ 99.3%€20,831▲ 1,488%€3,230▼ 84.5%-€17,643-€25,004▼ 41.7%
Equity€818,073▲ 0.2%€838,905▲ 2.5%€842,134▲ 0.4%€824,492▼ 2.1%€799,488▼ 3.0%
Total assets€1.7m▼ 2.0%€1.6m▼ 5.4%€1.6m▼ 3.4%€1.8m▲ 15.8%€1.9m▲ 5.4%
Debt€647,143▼ 3.4%€545,537▼ 15.7%€498,732▼ 8.6%€774,181▲ 55.2%€909,386▲ 17.5%
Working capital-€87,057▼ 10.5%-€91,723▼ 5.4%-€113,814▼ 24.1%-€113,787=-€271,228▼ 138%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€200,000-€150,000-€100,000-€50,000€0Operating result 2021: -€177,318-€177,318Net result 2021: €1,312€1,312Operating result 2022: €9,058€9,058Net result 2022: €20,831€20,831Operating result 2023: €18,134€18,134Net result 2023: €3,230€3,230Operating result 2024: €5,466€5,466Net result 2024: -€17,643-€17,643Operating result 2025: €7,834€7,834Net result 2025: -€25,004-€25,00420212022202320242025-€40,000-€20,000€0€20,000Operating result 2023: €18,134€18,100Net result 2023: €3,230€3,230Operating result 2024: €5,466€5,470Net result 2024: -€17,643-€17,600Operating result 2025: €7,834€7,830Net result 2025: -€25,004-€25,000202320242025
The operating result recovers in 2025; 2025 is 43% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.9m
Fixed assets €1.9m ▲ 6.3%
Current assets €7,931 ▼ 65.2%
Equity and liabilities €1.9m
Equity €799,488 ▼ 3.0%
Provisions €196,220 ▼ 6.2%
Debt €909,386 ▲ 17.5%
Debt's share of the balance-sheet total rises from 42.8% to 47.7%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€88,117▲
2024 · €77,240
Cash flow
€55,280▲
2024 · €54,131
Current ratio
0.03▼
2024 · 0.17
Debt to equity
1.14▲
2024 · 0.94
ROE
-3.1%▼
2024 · -2.1%
ROA
-1.3%▼
2024 · -1.0%
Interest coverage
3.04▲
2024 · 2.68
Debt ≤ 1 year
€279,159▲
2024 · €136,556
Debt > 1 year
€630,227▼
2024 · €635,156
Income taxes
€16,867▲
2024 · €5,698
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,611 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.1% stopped otherwise
94% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 8,611 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 58 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.8m€1.9m▲
Fixed assets21/28€1.8m€1.9m▲
Tangible fixed assets22/27€1.8m€1.9m▲
Land and buildings22€1.4m€1.4m▼
Plant, machinery and equipment23€2,747€950▼
Assets under construction and advance payments27€341,776€518,540▲
Financial fixed assets28€3,840€0▼
Current assets29/58€22,769€7,931▼
Amounts receivable within one year40/41€5,050€900▼
Trade receivables40€3,248€900▼
Other amounts receivable41€1,802€0▼
Cash at bank and in hand54/58€14,331€2,827▼
Deferred charges and accrued income490/1€3,387€4,204▲
Equity and liabilities
Total equity and liabilities10/49€1.8m€1.9m▲
Equity10/15€824,492€799,488▼
Contributions10/11€62,250€62,250=
Revaluation surpluses12€895,247€895,247=
Reserves13€441,290€408,373▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€436,084€408,373▼
Distributable reserves133€5,206€0▼
Profit (loss) carried forward14-€574,296-€566,382▲
Provisions and deferred taxes16€209,245€196,220▼
Deferred taxes168€209,245€196,220▼
Amounts payable17/49€774,181€909,386▲
Amounts payable after more than one year17€635,156€630,227▼
Financial debts170/4€635,156€630,227▼
Amounts payable within one year42/48€136,556€279,159▲
Current portion of amounts payable after more than one year42€52,378€40,000▼
Financial debts43€3,793€7,398▲
Credit institutions430/8€3,793€7,398▲
Trade debts44€23,003€166,678▲
Suppliers440/4€23,003€166,678▲
Advances received on contracts in progress46€10,672€11,347▲
Taxes, remuneration and social security45-€9,367
Taxes450/3-€9,367
Other amounts payable47/48€46,710€44,368▼
Accrued charges and deferred income492/3€2,468€0▼
Income statement Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€71,774€80,284▲
Other operating charges640/8€19,346€27,663▲
Non-recurring operating charges66A€0-
Gross operating margin9900€96,586€115,780▲
Operating profit (loss)9901€5,466€7,834▲
Financial income75/76B€0€3▲
Recurring financial income75€0€3▲
Financial charges65/66B€28,823€28,998▲
Recurring financial charges65€28,823€28,998▲
Profit (loss) for the period before taxes9903-€23,357-€21,161▲
Transfer from deferred taxes780€11,412€13,025▲
Income taxes67/77€5,698€16,867▲
Profit (loss) for the period9904-€17,643-€25,004▼
Transfer from tax-exempt reserves789€22,874€27,712▲
Profit (loss) for the period to be appropriated9905€5,231€2,708▼
Appropriation of the result
Profit (loss) to be appropriated9906-€574,296-€571,588▲
Profit (loss) brought forward from the previous period14P-€579,526-€574,296▲
Transfer from equity791/2-€5,206

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A--€717€0--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€83,458€83,217€79,581€71,774€80,284▲ 11.9%
Other operating charges640/8-€15,596€16,006€19,346€27,663▲ 43.0%
Non-recurring operating charges66A--€4,489€0--
Gross operating margin9900-€78,919€107,871€118,210€96,586€115,780▲ 19.9%
Operating profit (loss)9901-€177,318€9,058€18,134€5,466€7,834▲ 43.3%
Financial income75/76B-€19,671€5€0€3-
Recurring financial income75€175,974€19,671€5€0€3-
Financial charges65/66B-€8,224€14,480€28,823€28,998▲ 0.6%
Recurring financial charges65€10,393€8,224€14,480€28,823€28,998▲ 0.6%
Profit (loss) for the period before taxes9903-€11,737€20,505€3,659-€23,357-€21,161▲ 9.4%
Transfer from deferred taxes780-€12,213€10,849€11,412€13,025▲ 14.1%
Income taxes67/77-€11,887€11,278€5,698€16,867▲ 196%
Profit (loss) for the period9904€1,312€20,831€3,230-€17,643-€25,004▼ 41.7%
Transfer from tax-exempt reserves789-€23,714€21,184€22,874€27,712▲ 21.2%
Profit (loss) for the period to be appropriated9905€26,650€44,545€24,414€5,231€2,708▼ 48.2%
Line20212022202320242025Change
Assets
Total assets20/58€1.7m€1.6m€1.6m€1.8m€1.9m▲ 5.4%
Fixed assets21/28€1.7m€1.6m€1.5m€1.8m€1.9m▲ 6.3%
Tangible fixed assets22/27€1.7m€1.6m€1.5m€1.8m€1.9m▲ 6.5%
Land and buildings22-€1.5m€1.5m€1.4m€1.4m▼ 4.1%
Plant, machinery and equipment23-€46,721€32,440€2,747€950▼ 65.4%
Assets under construction and advance payments27--€33,014€341,776€518,540▲ 51.7%
Financial fixed assets28€3,840€3,840€3,840€3,840€0▼ 100%
Current assets29/58€54,426€34,006€17,289€22,769€7,931▼ 65.2%
Amounts receivable within one year40/41€2,064€7,676€8,651€5,050€900▼ 82.2%
Trade receivables40-€3,001€4,343€3,248€900▼ 72.3%
Other amounts receivable41-€4,675€4,308€1,802€0▼ 100%
Cash at bank and in hand54/58€51,925€11,221€6,856€14,331€2,827▼ 80.3%
Deferred charges and accrued income490/1-€15,109€1,782€3,387€4,204▲ 24.1%
Equity and liabilities
Total equity and liabilities10/49€1.7m€1.6m€1.6m€1.8m€1.9m▲ 5.4%
Equity10/15€818,073€838,905€842,134€824,492€799,488▼ 3.0%
Contributions10/11-€62,250€62,250€62,250€62,250=
Revaluation surpluses12-€895,247€895,247€895,247€895,247=
Reserves13€560,397€485,348€464,164€441,290€408,373▼ 7.5%
Non-distributable reserves130/1-€5,206€5,206€0--
Reserves not available under the articles1311-€5,206€5,206€0--
Tax-exempt reserves132-€480,142€458,958€436,084€408,373▼ 6.4%
Distributable reserves133---€5,206€0▼ 100%
Profit (loss) carried forward14-€699,821-€603,940-€579,526-€574,296-€566,382▲ 1.4%
Provisions and deferred taxes16€243,718€231,506€220,657€209,245€196,220▼ 6.2%
Deferred taxes168-€231,506€220,657€209,245€196,220▼ 6.2%
Amounts payable17/49€647,143€545,537€498,732€774,181€909,386▲ 17.5%
Amounts payable after more than one year17€505,660€419,807€367,629€635,156€630,227▼ 0.8%
Financial debts170/4-€419,807€367,629€635,156€630,227▼ 0.8%
Amounts payable within one year42/48€141,483€125,730€131,102€136,556€279,159▲ 104%
Current portion of amounts payable after more than one year42-€51,981€52,178€52,378€40,000▼ 23.6%
Financial debts43--€6,123€3,793€7,398▲ 95.0%
Credit institutions430/8--€6,123€3,793€7,398▲ 95.0%
Trade debts44€17,882€23,066€9,685€23,003€166,678▲ 625%
Suppliers440/4-€23,066€9,685€23,003€166,678▲ 625%
Advances received on contracts in progress46-€16,117€15,327€10,672€11,347▲ 6.3%
Taxes, remuneration and social security45-€11,887€0-€9,367-
Taxes450/3-€11,887€0-€9,367-
Other amounts payable47/48-€22,679€47,790€46,710€44,368▼ 5.0%
Accrued charges and deferred income492/3---€2,468€0▼ 100%
Line20212022202320242025Change
Profit (loss) for the period9904€1,312€20,831€3,230-€17,643-€25,004▼ 41.7%
+ Depreciation and write-downs630€83,458€83,217€79,581€71,774€80,284▲ 11.9%
Operating cash flow (approximation)€84,770€104,048€82,810€54,131€55,280▲ 2.1%
Investment in fixed assets (approximation)--€10,649-€41,874-€312,688-€192,299▲ 38.5%
Change in cash--€40,704-€4,364€7,475-€11,504▼ 254%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
12-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
24-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
03-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
15-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
18-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial Back to profitnet €181,439
Net result €181,439 after one loss-making year.
2019
18-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
16-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
02-02
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2017
13-02
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 13 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Knokke-Heist · 1 establishment unit since 1990
seat establishment The establishment unit on the map
Ground area
4,575 m²
Building footprint
3,503 m²
Volume, LiDAR
72,530 m³
2 parcels, Flanders · tallest building 43.4 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
A.O. NV
Schoonmeersstraat 33, 9000 GentNACE 70201
since 19902.049.007.511
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31013A0767/00G000 Flanders 3,619 m² 1 · 3,148 m² 43.4 m · 7 fl.
44809I0432/00H004 Flanders 956 m² 1 · 355 m² 13.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded27-06-1990
Fiscal year end30-06
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.