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ADVM

Active
Private limited companyfounded 2024active for 2 yearsStreuvelstraat(BK) 12, 8600 Diksmuide, BelgiumKBO/BCE: BE 1014.443.420
Summary

ADVM has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26,658 and a net result of €22,491. Its solvency ranks better than 50% of 11,752 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Turnover
≈ €85,000
Estimated: probably between €64,000 and €130,000
Total assets
€49,419
Net result
€22,491
Working capital
€28,682

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €49,419
Fixed assets €2,976
Current assets €46,443
Equity and liabilities €49,419
Equity €26,658
Debt €22,761
Debt finances 46.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€30,128
Cash flow
€23,766
Current ratio
2.61
Debt to equity
0.85
ROE
84.4%
ROA
45.5%
Interest coverage
over 100
Debt ≤ 1 year
€17,761
Debt > 1 year
€5,000
Income taxes
€7,258

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% still going

For this company itself Checked computes a lower bankruptcy probability: 0.1% 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 497,445 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% 0.9%
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 74.5% 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 39,278 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 · 44 lines
Balance sheet Code2025
Assets
Total assets20/58€49,419
Fixed assets21/28€2,976
Intangible fixed assets21€1
Tangible fixed assets22/27€2,975
Furniture and vehicles24€2,975
Current assets29/58€46,443
Amounts receivable within one year40/41€20,793
Trade receivables40€3,906
Other amounts receivable41€16,887
Cash at bank and in hand54/58€19,164
Deferred charges and accrued income490/1€6,486
Equity and liabilities
Total equity and liabilities10/49€49,419
Equity10/15€26,658
Contributions10/11€5,000
Reserves13€21,658
Distributable reserves133€21,658
Profit (loss) carried forward14€0
Amounts payable17/49€22,761
Amounts payable after more than one year17€5,000
Financial debts170/4€5,000
Amounts payable within one year42/48€17,761
Trade debts44€4,371
Suppliers440/4€4,371
Taxes, remuneration and social security45€12,558
Taxes450/3€10,899
Remuneration and social security454/9€1,658
Other amounts payable47/48€833
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,275
Other operating charges640/8€754
Gross operating margin9900€30,882
Operating profit (loss)9901€28,853
Financial income75/76B€1,093
Recurring financial income75€1,093
Financial charges65/66B€197
Recurring financial charges65€197
Profit (loss) for the period before taxes9903€29,749
Income taxes67/77€7,258
Profit (loss) for the period9904€22,491
Profit (loss) for the period to be appropriated9905€22,491
Appropriation of the result
Profit (loss) to be appropriated9906€22,491
Transfer to equity691/2€21,658
To other reserves6921€21,658
Profit to be distributed694/7€833
Return on contributions (dividend)694€833

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,275
Other operating charges640/8€754
Gross operating margin9900€30,882
Operating profit (loss)9901€28,853
Financial income75/76B€1,093
Recurring financial income75€1,093
Financial charges65/66B€197
Recurring financial charges65€197
Profit (loss) for the period before taxes9903€29,749
Income taxes67/77€7,258
Profit (loss) for the period9904€22,491
Profit (loss) for the period to be appropriated9905€22,491
Line2025
Assets
Total assets20/58€49,419
Fixed assets21/28€2,976
Intangible fixed assets21€1
Tangible fixed assets22/27€2,975
Furniture and vehicles24€2,975
Current assets29/58€46,443
Amounts receivable within one year40/41€20,793
Trade receivables40€3,906
Other amounts receivable41€16,887
Cash at bank and in hand54/58€19,164
Deferred charges and accrued income490/1€6,486
Equity and liabilities
Total equity and liabilities10/49€49,419
Equity10/15€26,658
Contributions10/11€5,000
Reserves13€21,658
Distributable reserves133€21,658
Profit (loss) carried forward14€0
Amounts payable17/49€22,761
Amounts payable after more than one year17€5,000
Financial debts170/4€5,000
Amounts payable within one year42/48€17,761
Trade debts44€4,371
Suppliers440/4€4,371
Taxes, remuneration and social security45€12,558
Taxes450/3€10,899
Remuneration and social security454/9€1,658
Other amounts payable47/48€833
Line2025
Profit (loss) for the period9904€22,491
+ Depreciation and write-downs630€1,275
Operating cash flow (approximation)€23,766

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 26-06-2026 2026-00205503

Subsidies and aid

Flemish government

2025 · 1 entry · €54 awarded · €54 paid
Schemes
1 entry · €54 · €54 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.