AV-DESIGN
ActiveSummary
AV-DESIGN has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€8,731) and a net result of -€10,500. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 7081 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0▼-35
Growth32=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.43 against 1.05 in 2024; short-term debt: 219.6% and cash: 19% of total assets), and equity is negative.
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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
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 2025Solvency, return and age of the figures
Solvency
-119.6%
Return on assets
-143.8%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€8,731
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
27 d early
2023
16 d early
2022
28 d early
2021
13 d early
2020
36 d early
2019
37 d early
← 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 23 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% 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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€8,731
2024 · €1,768
Total assets
€7,301▼ 56.8%
2024 · €16,889
Net result
-€10,500▼ 89.5%
2024 · -€5,542
Working capital
-€9,126
2024 · €702
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations 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
Line20212022202320242025
Operating result-€7,913▲ 68.4%€8,722€2,949▼ 66.2%-€4,609-€8,915▼ 93.4%
Net result-€8,964below the sector's middle half▲ 65.4%€7,080within the sector's middle half€1,549within the sector's middle half▼ 78.1%-€5,542below the sector's middle half-€10,500below the sector's middle half▼ 89.5%
Equity-€518below the sector's middle half€5,762below the sector's middle half€7,311below the sector's middle half▲ 26.9%€1,768below the sector's middle half▼ 75.8%-€8,731below the sector's middle half
Total assets€13,960below the sector's middle half▼ 57.6%€12,969below the sector's middle half▼ 7.1%€13,293below the sector's middle half▲ 2.5%€16,889below the sector's middle half▲ 27.1%€7,301below the sector's middle half▼ 56.8%
Debt€14,478▼ 40.8%€7,208▼ 50.2%€5,982▼ 17.0%€15,120▲ 153%€16,033▲ 6.0%
Working capital-€5,411▲ 28.7%€3,979€5,509▲ 38.4%€702▼ 87.3%-€9,126
Solvency-3.7%below the sector's middle half▼ 29.4pp44.4%within the sector's middle half▲ 48.1pp55.0%within the sector's middle half▲ 10.6pp10.5%below the sector's middle half▼ 44.5pp-119.6%below the sector's middle half▼ 130.1pp
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, 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 stays negative: a loss of €8,915 in 2025 against €4,609 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7,301
Fixed assets
€394 ▼ 63.0%
Current assets
€6,907 ▼ 56.3%
Key figures and ratios
EBITDA
-€8,242▼
2024 · -€3,874
Cash flow
-€9,827▼
2024 · -€4,808
Current ratio
0.43▼
2024 · 1.05
Debt to equity
-1.84▼
2024 · 8.55
ROA
-143.8%▼
2024 · -32.8%
Interest coverage
-6.09▼
2024 · -5.61
Debt ≤ 1 year
€16,033▲
2024 · €15,120
Income taxes
€251▲
2024 · €243
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,640 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.1%
went bankrupt
9.9%
stopped otherwise
84%
still going
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% 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 6,640 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 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,059 | €3,111 | €1,702 | €735 | €673 | ▼ 8.5% |
| Other operating charges640/8 | €1,911 | €2,310 | €1,644 | €757 | €4,164 | ▲ 450% |
| Gross operating margin9900 | €8,058 | €14,143 | €6,295 | -€3,117 | -€4,079 | ▼ 30.8% |
| Operating profit (loss)9901 | -€7,913 | €8,722 | €2,949 | -€4,609 | -€8,915 | ▼ 93.4% |
| Financial income75/76B | €11 | €4 | €0 | - | €19 | - |
| Recurring financial income75 | €11 | €4 | €0 | - | €19 | - |
| Financial charges65/66B | €784 | €1,421 | €1,165 | €690 | €1,353 | ▲ 96.1% |
| Recurring financial charges65 | €784 | €1,421 | €1,165 | €690 | €1,353 | ▲ 96.1% |
| Profit (loss) for the period before taxes9903 | -€8,685 | €7,305 | €1,783 | -€5,299 | -€10,249 | ▼ 93.4% |
| Income taxes67/77 | €278 | €225 | €234 | €243 | €251 | ▲ 3.1% |
| Profit (loss) for the period9904 | -€8,964 | €7,080 | €1,549 | -€5,542 | -€10,500 | ▼ 89.5% |
| Profit (loss) for the period to be appropriated9905 | -€8,964 | €7,080 | €1,549 | -€5,542 | -€10,500 | ▼ 89.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13,960 | €12,969 | €13,293 | €16,889 | €7,301 | ▼ 56.8% |
| Fixed assets21/28 | €4,893 | €1,782 | €1,801 | €1,067 | €394 | ▼ 63.0% |
| Intangible fixed assets21 | €400 | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €4,493 | €1,782 | €1,801 | €1,067 | €394 | ▼ 63.0% |
| Land and buildings22 | €509 | €382 | €255 | €127 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | €47 | €0 | - | - | - | - |
| Furniture and vehicles24 | €3,937 | €1,400 | €1,547 | €940 | €394 | ▼ 58.0% |
| Current assets29/58 | €9,067 | €11,187 | €11,491 | €15,822 | €6,907 | ▼ 56.3% |
| Amounts receivable within one year40/41 | €6,948 | €10,182 | €9,518 | €13,373 | €4,640 | ▼ 65.3% |
| Trade receivables40 | €4,538 | €5,082 | €4,743 | €10,963 | €4,640 | ▼ 57.7% |
| Other amounts receivable41 | €2,411 | €5,100 | €4,775 | €2,411 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €1,898 | €154 | €1,105 | €1,450 | €1,390 | ▼ 4.1% |
| Deferred charges and accrued income490/1 | €221 | €851 | €869 | €999 | €877 | ▼ 12.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13,960 | €12,969 | €13,293 | €16,889 | €7,301 | ▼ 56.8% |
| Equity10/15 | -€518 | €5,762 | €7,311 | €1,768 | -€8,731 | ▼ 594% |
| Contributions10/11 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Reserves13 | €9,324 | €9,324 | €0 | - | - | - |
| Distributable reserves133 | €9,324 | €9,324 | €0 | - | - | - |
| Profit (loss) carried forward14 | -€34,843 | -€28,563 | -€17,689 | -€23,232 | -€33,731 | ▼ 45.2% |
| Amounts payable17/49 | €14,478 | €7,208 | €5,982 | €15,120 | €16,033 | ▲ 6.0% |
| Amounts payable after more than one year17 | €0 | - | - | - | - | - |
| Financial debts170/4 | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €14,478 | €7,208 | €5,982 | €15,120 | €16,033 | ▲ 6.0% |
| Current portion of amounts payable after more than one year42 | €2,915 | €0 | - | - | - | - |
| Trade debts44 | €2,308 | €3,911 | €814 | €2,427 | €1,263 | ▼ 48.0% |
| Suppliers440/4 | €2,308 | €3,911 | €814 | €2,427 | €1,263 | ▼ 48.0% |
| Taxes, remuneration and social security45 | €5,788 | €2,497 | €5,168 | €8,235 | €10,712 | ▲ 30.1% |
| Taxes450/3 | €5,788 | €2,497 | €5,168 | €8,235 | €10,712 | ▲ 30.1% |
| Other amounts payable47/48 | €3,468 | €800 | €0 | €4,458 | €4,057 | ▼ 9.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,964 | €7,080 | €1,549 | -€5,542 | -€10,500 | ▼ 89.5% |
| + Depreciation and write-downs630 | €14,059 | €3,111 | €1,702 | €735 | €673 | ▼ 8.5% |
| Operating cash flow (approximation) | €5,096 | €10,191 | €3,251 | -€4,808 | -€9,827 | ▼ 104% |
| Investment in fixed assets (approximation) | - | €0 | -€1,721 | €0 | €0 | - |
| Change in cash | - | -€1,744 | €951 | €345 | -€60 | ▼ 117% |
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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €7,080
Net result €7,080 after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 1.55
Current ratio from 0.63 to 1.55; short-term debt falls from €14,478 to €7,208.
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€25,879
Net result drops to -€25,879, the lowest in the series; recovery starts the following year.
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro 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.
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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, Kortrijk · 1 establishment unit since 2006
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Minister A.De Clercklaan(Kor) 28500 Kortrijk1 establishment unit
AV-DESIGN
since 20062.157.906.045
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Of 808 companies in sector 73120 we hold annual accounts for 281. 36 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
Founded18-05-2006
Fiscal year end31-12
Activities, NACEBEL 2025
73120Media representation
18130Pre-press and pre-media services
63100Computing infrastructure, data processing, hosting and related activities
74209Other photographic activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0881389015
Also
9925:BE0881389015
Registered
24-11-2023
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.