Equity
€384,962 from €1.5m in 2008
Equity fell by 75% in 17 years.
ADVY
Lifetime
19 annual accounts with figures on one time axis, 34 filings since 1991peak €632,801 (2017)
€39,054▼ 34.3%
lowest -€53,514 (2021)
-€38,679▼ €48,947
peak €1.5m (2008)
€384,962▼ 9.1%
€259,939▼ 36.2%
Board3 names since 2010
3 directors and 2 others
Documentsfilings and deeds
08-04-202622 days before the deadline
2025micro format
Gross margin from €59,422 to €39,054Loss of €38,679Debts from €407,689 to €259,939Cash from €42,752 to €210,269
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 8,609 companies had the same profile as ADVY has now. Each dot stands for 22 companies, two years later.
94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 8,609 companies, not a prediction for ADVY. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
2 directors appointed, 1 resignation
Resignation: (sole statutory director) · Appointments: (director) and (director) · Legal-form conversion: from public limited company to private limited company · General meeting of 31-08-2026 · Gazette deed
Change of role: , from statutory manager to sole statutory director
Legal-form conversion: from partnership limited by shares to public limited company · Director discharge: · Gazette deed
Capital decrease of €600,000 to €400,000
Capital from €1,000,000 to €400,000 · General meeting of 10-10-2017 · Gazette deed
Boekjaar
“De teelt en de selectie, evenals de groot- en kleinhandel van alle producten van de boomkwekerij, de…” (deed in Dutch) · General meeting of 13-01-2016 · Gazette deed
Official details
Source: KBO- Status
- Active since 12-06-1990Normal situation
- Activity
- “De teelt en de selectie, evenals de groot- en kleinhandel van alle producten van…” (deed in Dutch)From the articles, 8 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.048.913.5789950 Lievegem, since 16-07-1990
- Financial year end
- 30 September
- Peppol
- Not found in the Peppol Directory
Annual accounts to 30-09-2025
- ≈ €160,000estimated
- €644,902▼ 22.4%
- Filing
- Filed on 08-04-2026, 22 days before the end of the filing period
Insights on ADVY
ADVY files the micro format. That format states no turnover. The gross margin fell from €44,560 in 2006 to €39,054 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ADVY
- What is the company number of ADVY?
- The company number of ADVY is 0440.917.656. The VAT number is the same number with BE in front: BE 0440.917.656.
- Where is ADVY based?
- The registered office is at Arisdonk 143, 9950 Lievegem.Company details
- What is the legal form of ADVY?
- ADVY is a private limited company (BV).
- When was ADVY founded?
- ADVY was founded on 12-06-1990.
- Is ADVY still active?
- Yes, ADVY is an active enterprise in the KBO register.
- What is the turnover of ADVY?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €39,054 and 2,936 comparable companies of the same size. It probably lies between €94,000 and €280,000. It is a rough estimate.Financials
- Is ADVY profitable?
- In financial year 2025, ADVY made a loss of €38,679.
- Where can I find the annual accounts of ADVY?
- ADVY filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ADVY due?
- ADVY must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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