Summary
AdVisio is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €146,346 and a net result of €1,367. Equity is growing by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 50% of 8074 sector peers (fiscal year 2025). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
14 d late
2024
11 d late
2023
23 d late
2022
23 d late
2021
45 d early
2020
32 d early
2019
13 d late
← 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 1 day after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€146,346▲ 0.9%
2024 · €144,979
Net result
€1,367▼ 96.5%
2024 · €39,068
Total assets
€286,850▼ 24.0%
2024 · €377,459
Solvency
51.0%▲ 12.6pp
2024 · 38.4%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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
Line20212022202320242025
Operating result€27,728€56,951▲ 105%€89,431▲ 57.0%€63,819▼ 28.6%€179,799▲ 182%
Net result€26,930within the sector's middle half€39,394within the sector's middle half▲ 46.3%€56,357within the sector's middle half▲ 43.1%€39,068within the sector's middle half▼ 30.7%€1,367below the sector's middle half▼ 96.5%
Equity€87,098within the sector's middle half▲ 44.8%€126,492within the sector's middle half▲ 45.2%€105,911within the sector's middle half▼ 16.3%€144,979within the sector's middle half▲ 36.9%€146,346within the sector's middle half▲ 0.9%
Total assets€253,855within the sector's middle half▲ 1.3%€405,026within the sector's middle half▲ 59.6%€397,711within the sector's middle half▼ 1.8%€377,459within the sector's middle half▼ 5.1%€286,850within the sector's middle half▼ 24.0%
Debt€43,841▼ 35.1%€155,619▲ 255%€168,884▲ 8.5%€109,564▼ 35.1%€140,503▲ 28.2%
Working capital-€24,493▲ 59.5%€1,246-€47,916-€20,197▲ 57.8%-€33,434▼ 65.5%
Solvency34.3%within the sector's middle half▲ 10.3pp31.2%within the sector's middle half▼ 3.1pp26.6%within the sector's middle half▼ 4.6pp38.4%within the sector's middle half▲ 11.8pp51.0%within the sector's middle half▲ 12.6pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 182% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €286,850
Fixed assets
€207,000 ▼ 39.7%
Current assets
€79,850 ▲ 135%
Equity and liabilities €286,850
Equity
€146,346 ▲ 0.9%
Provisions
€0 ▼ 100%
Debt
€140,503 ▲ 28.2%
Debt's share of the balance-sheet total rises from 29.0% to 49.0%. Equity and debt are higher.
Key figures and ratios
ROE
0.9%▼
2024 · 26.9%
ROA
0.5%▼
2024 · 10.4%
Debt ≤ 1 year
€113,284▲
2024 · €54,112
Debt > 1 year
€27,035▼
2024 · €53,012
Income taxes
€50,020▲
2024 · €20,093
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €826 | €0 | €122,991 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,205 | €10,447 | €11,346 | €11,741 | €11,557 | ▼ 1.6% |
| Other operating charges640/8 | €2,441 | €2,450 | €4,115 | €7,498 | €6,267 | ▼ 16.4% |
| Gross operating margin9900 | €40,373 | €69,848 | €104,892 | €83,058 | €197,623 | ▲ 138% |
| Operating profit (loss)9901 | €27,728 | €56,951 | €89,431 | €63,819 | €179,799 | ▲ 182% |
| Financial income75/76B | €0 | €0 | €30 | €0 | €100 | - |
| Recurring financial income75 | €0 | €0 | €30 | €0 | €100 | - |
| Financial charges65/66B | €441 | €839 | €5,562 | €4,658 | €128,512 | ▲ 2,659% |
| Recurring financial charges65 | €441 | €839 | €5,562 | €4,658 | €3,525 | ▼ 24.3% |
| Non-recurring financial charges66B | - | - | - | - | €124,987 | - |
| Profit (loss) for the period before taxes9903 | €27,286 | €56,111 | €83,899 | €59,161 | €51,387 | ▼ 13.1% |
| Income taxes67/77 | €356 | €16,717 | €27,542 | €20,093 | €50,020 | ▲ 149% |
| Profit (loss) for the period9904 | €26,930 | €39,394 | €56,357 | €39,068 | €1,367 | ▼ 96.5% |
| Profit (loss) for the period to be appropriated9905 | €26,930 | €39,394 | €56,357 | €39,068 | €1,367 | ▼ 96.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €253,855 | €405,026 | €397,711 | €377,459 | €286,850 | ▼ 24.0% |
| Fixed assets21/28 | €234,507 | €350,317 | €355,285 | €343,544 | €207,000 | ▼ 39.7% |
| Tangible fixed assets22/27 | €234,472 | €225,304 | €230,273 | €218,532 | €206,975 | ▼ 5.3% |
| Land and buildings22 | €80,268 | €78,411 | €79,612 | €77,432 | €75,252 | ▼ 2.8% |
| Furniture and vehicles24 | €2,827 | €3,007 | €1,882 | €1,120 | €542 | ▼ 51.6% |
| Other tangible fixed assets26 | €151,377 | €143,886 | €148,779 | €139,980 | €131,181 | ▼ 6.3% |
| Financial fixed assets28 | €35 | €125,012 | €125,012 | €125,012 | €25 | ▼ 100.0% |
| Current assets29/58 | €19,348 | €54,709 | €42,426 | €33,915 | €79,850 | ▲ 135% |
| Amounts receivable within one year40/41 | €11,512 | €29,173 | €21,526 | €15,696 | €56,684 | ▲ 261% |
| Trade receivables40 | €11,198 | €28,923 | €21,276 | €14,988 | €56,684 | ▲ 278% |
| Other amounts receivable41 | €314 | €250 | €250 | €708 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €6,595 | €24,615 | €19,099 | €17,976 | €22,702 | ▲ 26.3% |
| Deferred charges and accrued income490/1 | €1,241 | €922 | €1,801 | €243 | €464 | ▲ 91.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €253,855 | €405,026 | €397,711 | €377,459 | €286,850 | ▼ 24.0% |
| Equity10/15 | €87,098 | €126,492 | €105,911 | €144,979 | €146,346 | ▲ 0.9% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €80,898 | €120,292 | €99,711 | €138,779 | €140,146 | ▲ 1.0% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | €79,038 | €118,432 | €99,711 | €138,779 | €140,146 | ▲ 1.0% |
| Profit (loss) carried forward14 | €0 | - | €0 | €0 | - | - |
| Provisions and deferred taxes16 | €122,916 | €122,916 | €122,916 | €122,916 | €0 | ▼ 100% |
| Provisions for liabilities and charges160/5 | €122,916 | €122,916 | €122,916 | €122,916 | €0 | ▼ 100% |
| Pensions and similar obligations160 | €122,916 | €122,916 | €122,916 | €122,916 | €0 | ▼ 100% |
| Amounts payable17/49 | €43,841 | €155,619 | €168,884 | €109,564 | €140,503 | ▲ 28.2% |
| Amounts payable after more than one year17 | - | €101,956 | €77,973 | €53,012 | €27,035 | ▼ 49.0% |
| Financial debts170/4 | - | €101,956 | €77,973 | €53,012 | €27,035 | ▼ 49.0% |
| Amounts payable within one year42/48 | €43,841 | €53,464 | €90,342 | €54,112 | €113,284 | ▲ 109% |
| Current portion of amounts payable after more than one year42 | - | €23,119 | €26,014 | €27,071 | €28,095 | ▲ 3.8% |
| Financial debts43 | - | - | - | - | €182 | - |
| Credit institutions430/8 | - | - | - | - | €182 | - |
| Trade debts44 | €2,973 | €13,627 | €10,769 | €9,737 | €34,453 | ▲ 254% |
| Suppliers440/4 | €2,973 | €13,627 | €10,769 | €9,737 | €34,453 | ▲ 254% |
| Taxes, remuneration and social security45 | €5,115 | €10,338 | €24,027 | €2,747 | €37,905 | ▲ 1,280% |
| Taxes450/3 | €5,115 | €10,338 | €19,198 | €2,747 | €37,905 | ▲ 1,280% |
| Remuneration and social security454/9 | - | - | €4,830 | €0 | - | - |
| Other amounts payable47/48 | €35,753 | €6,379 | €29,532 | €14,557 | €12,649 | ▼ 13.1% |
| Accrued charges and deferred income492/3 | - | €199 | €569 | €2,440 | €184 | ▼ 92.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,930 | €39,394 | €56,357 | €39,068 | €1,367 | ▼ 96.5% |
| + Depreciation and write-downs630 | €10,205 | €10,447 | €11,346 | €11,741 | €11,557 | ▼ 1.6% |
| Operating cash flow (approximation) | €37,135 | €49,841 | €67,703 | €50,809 | €12,924 | ▼ 74.6% |
| Investment in fixed assets (approximation) | - | -€126,257 | -€16,315 | €0 | €124,987 | - |
| Change in cash | - | €18,020 | -€5,516 | -€1,123 | €4,726 | ▲ 521% |
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
Next filing, fiscal year 2026, expected by
2026
14-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 14 days late
2025
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-12
Financial
Highest result since 2018net €56,357 ▲43.1%
Net result €56,357, the highest in the series.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 1.02
Current ratio from 0.44 to 1.02.
31-12
Financial
Equity above €100,000Eq €126,492 ▲45.2%
2 profitable years in a row build equity to €126,492.
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €26,930
Net result €26,930 after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€15,786
Net result drops to -€15,786, the lowest in the series; recovery starts the following year.
13-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 13 days late
Show earlier events
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 22 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.
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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, Brugge · 1 establishment unit since 2009
Ground area
1,178 m²
Building footprint
157 m²
Volume, LiDAR
1,056 m³
Parcel 31027D0230/00L002, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
ADVISIO
since 20092.176.555.779
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31027D0230/00L002 | Flanders | 1,178 m² | 1 · 157 m² | 10.4 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.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 13,183 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
Founded20-02-2009
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
55204Guest rooms (bed and breakfast)
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0809993550
Also
9925:BE0809993550
Registered
01-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.