ADVIMA
ActiveSummary
ADVIMA has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €72,746 and a net result of €16,287. Equity is growing by ~13.1% per year across the filed fiscal years. Its solvency ranks better than 47% of 37948 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability84▲+9
Solvency80▲+6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 1.73 against 1.63 in 2023; short-term debt: 34.4% and cash: 49.2% of total assets), and 45.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
54.8%
Return on assets
12.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-06-2025, 50 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
50 d early
2023
34 d early
2022
33 d early
2021
29 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 22 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€72,746▼ 1.0%
2023 · €73,472
Total assets
€132,826▼ 11.4%
2023 · €149,890
Net result
€16,287▲ 122%
2023 · €7,339
Working capital
€33,540▲ 10.7%
2023 · €30,303
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result€45,776-€39,137▼ 14.5%€13,592▼ 65.3%€23,409▲ 72.2%
Net result€32,587within the sector's middle half-€29,346within the sector's middle half▼ 9.9%€7,339within the sector's middle half▼ 75.0%€16,287within the sector's middle half▲ 122%
Equity€37,587below the sector's middle half-€66,933below the sector's middle half▲ 78.1%€73,472within the sector's middle half▲ 9.8%€72,746within the sector's middle half▼ 1.0%
Total assets€69,386below the sector's middle half-€155,014below the sector's middle half▲ 123%€149,890within the sector's middle half▼ 3.3%€132,826within the sector's middle half▼ 11.4%
Debt€31,799-€88,081▲ 177%€76,418▼ 13.2%€60,080▼ 21.4%
Working capital€33,893-€18,283▼ 46.1%€30,303▲ 65.7%€33,540▲ 10.7%
Solvency54.2%within the sector's middle half-43.2%within the sector's middle half▼ 11.0pp49.0%within the sector's middle half▲ 5.8pp54.8%within the sector's middle half▲ 5.8pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 72% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €132,826
Fixed assets
€53,546 ▼ 24.8%
Current assets
€79,280 ▲ 0.8%
Equity and liabilities €132,826
Equity
€72,746 ▼ 1.0%
Debt
€60,080 ▼ 21.4%
Debt's share of the balance-sheet total falls from 51.0% to 45.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€41,841▲
2023 · €33,524
Cash flow
€34,719▲
2023 · €27,271
Current ratio
1.73▲
2023 · 1.63
Debt to equity
0.83▼
2023 · 1.04
ROE
22.4%▲
2023 · 10.0%
ROA
12.3%▲
2023 · 4.9%
Interest coverage
20.12▲
2023 · 13.81
Debt ≤ 1 year
€45,740▼
2023 · €48,351
Debt > 1 year
€14,340▼
2023 · €28,067
Income taxes
€5,253▲
2023 · €3,827
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 26,964 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
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,757 | €2,936 | €19,932 | €18,433 | ▼ 7.5% |
| Other operating charges640/8 | €959 | €359 | €1,207 | €513 | ▼ 57.5% |
| Gross operating margin9900 | €48,492 | €42,432 | €34,732 | €42,355 | ▲ 21.9% |
| Operating profit (loss)9901 | €45,776 | €39,137 | €13,592 | €23,409 | ▲ 72.2% |
| Financial income75/76B | - | €29 | €0 | €211 | ▲ 48,923% |
| Recurring financial income75 | - | €29 | €0 | €211 | ▲ 48,923% |
| Financial charges65/66B | €295 | €237 | €2,427 | €2,080 | ▼ 14.3% |
| Recurring financial charges65 | €295 | €237 | €2,427 | €2,080 | ▼ 14.3% |
| Profit (loss) for the period before taxes9903 | €45,481 | €38,929 | €11,166 | €21,539 | ▲ 92.9% |
| Income taxes67/77 | €12,894 | €9,584 | €3,827 | €5,253 | ▲ 37.2% |
| Profit (loss) for the period9904 | €32,587 | €29,346 | €7,339 | €16,287 | ▲ 122% |
| Profit (loss) for the period to be appropriated9905 | €32,587 | €29,346 | €7,339 | €16,287 | ▲ 122% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €69,386 | €155,014 | €149,890 | €132,826 | ▼ 11.4% |
| Fixed assets21/28 | €3,694 | €89,850 | €71,235 | €53,546 | ▼ 24.8% |
| Tangible fixed assets22/27 | €3,694 | €89,850 | €71,235 | €53,546 | ▼ 24.8% |
| Plant, machinery and equipment23 | - | €2,074 | €1,607 | €1,139 | ▼ 29.1% |
| Furniture and vehicles24 | €3,694 | €87,776 | €69,629 | €52,406 | ▼ 24.7% |
| Current assets29/58 | €65,692 | €65,164 | €78,654 | €79,280 | ▲ 0.8% |
| Amounts receivable within one year40/41 | €12,847 | €13,692 | €15,787 | €11,660 | ▼ 26.1% |
| Trade receivables40 | €12,100 | €12,100 | €13,310 | €2,547 | ▼ 80.9% |
| Other amounts receivable41 | €747 | €1,592 | €2,477 | €9,113 | ▲ 268% |
| Cash at bank and in hand54/58 | €52,058 | €46,133 | €60,945 | €65,315 | ▲ 7.2% |
| Deferred charges and accrued income490/1 | €786 | €5,339 | €1,923 | €2,306 | ▲ 19.9% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €69,386 | €155,014 | €149,890 | €132,826 | ▼ 11.4% |
| Equity10/15 | €37,587 | €66,933 | €73,472 | €72,746 | ▼ 1.0% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €32,587 | €61,933 | €68,472 | €67,746 | ▼ 1.1% |
| Distributable reserves133 | €32,587 | €61,933 | €68,472 | €67,746 | ▼ 1.1% |
| Amounts payable17/49 | €31,799 | €88,081 | €76,418 | €60,080 | ▼ 21.4% |
| Amounts payable after more than one year17 | - | €41,201 | €28,067 | €14,340 | ▼ 48.9% |
| Financial debts170/4 | - | €41,201 | €28,067 | €14,340 | ▼ 48.9% |
| Amounts payable within one year42/48 | €31,799 | €46,881 | €48,351 | €45,740 | ▼ 5.4% |
| Current portion of amounts payable after more than one year42 | - | €12,576 | €13,134 | €13,726 | ▲ 4.5% |
| Financial debts43 | €58 | €6 | €94 | - | - |
| Credit institutions430/8 | €58 | €6 | €94 | - | - |
| Trade debts44 | €6,358 | €1,570 | €2,787 | €1,928 | ▼ 30.8% |
| Suppliers440/4 | €6,358 | €1,570 | €2,787 | €1,928 | ▼ 30.8% |
| Taxes, remuneration and social security45 | €25,383 | €32,729 | €31,657 | €13,072 | ▼ 58.7% |
| Taxes450/3 | €25,383 | €32,729 | €31,657 | €13,072 | ▼ 58.7% |
| Other amounts payable47/48 | - | - | €680 | €17,013 | ▲ 2,402% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32,587 | €29,346 | €7,339 | €16,287 | ▲ 122% |
| + Depreciation and write-downs630 | €1,757 | €2,936 | €19,932 | €18,433 | ▼ 7.5% |
| Operating cash flow (approximation) | €34,344 | €32,281 | €27,271 | €34,719 | ▲ 27.3% |
| Investment in fixed assets (approximation) | - | -€89,092 | -€1,317 | -€743 | ▲ 43.6% |
| Change in cash | - | -€5,926 | €14,812 | €4,370 | ▼ 70.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €7,339 ▼75%
Net result drops to €7,339, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Waregem · 1 establishment unit since 2020
Ground area
235 m²
Building footprint
235 m²
Volume, LiDAR
1,098 m³
Parcel 34040C0168/00N000, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ADVIMA
since 20202.304.884.009
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34040C0168/00N000 | Flanders | 235 m² | 1 · 235 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
254900WI7Z19M13WM597
Similar companies · same sector, comparable size
Dohod
BE 0786.472.337
Sint-Niklaas · Eq €72,756
Guidon
BE 0667.957.143
Lievegem · Eq €72,768
CASSANDRE CONSEIL
BE 0716.859.001
Lasne · Eq €72,720
NIMOMA
BE 0893.062.766
Brecht · Eq €72,716
MANY MORE
BE 0541.314.141
Hasselt · Eq €72,716
Of 82,642 companies in sector 70200 we hold annual accounts for 52,589. 39,808 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-07-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0750655185
Registered
31-10-2024
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.