AVA ARCHITECT
ActiveSummary
AVA ARCHITECT has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €578,694 and a net result of -€18,738. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 95% of 19372 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability15▼-72
Solvency100=
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 67.17; short-term debt: 1.1% and cash: 0.3% of total assets), and 1.1% 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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
98.9%
Return on assets
-3.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 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
not confirmed
2024
56 d late
2023
30 d late
2022
122 d late
2021
142 d late
2019
102 d late
2018
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 80 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
In the rankings
#5 oldest company in Merchtem, Real estate sector
Equity
€578,694▼ 3.1%
2023 · €597,432
Total assets
€585,341▼ 2.2%
2023 · €598,809
Net result
-€18,738
2023 · €89,063
Working capital
€439,770▼ 0.9%
2023 · €443,698
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192021202220232024
Operating result-€18,602-€60,939--€21,558▲ 64.6%€88,844-€19,080
Net result-€18,795-€61,930below the sector's middle half--€34,247below the sector's middle half▲ 44.7%€89,063above the sector's middle half-€18,738below the sector's middle half
Equity€566,885▼ 3.2%€542,615above the sector's middle half-€508,369above the sector's middle half▼ 6.3%€597,432above the sector's middle half▲ 17.5%€578,694above the sector's middle half▼ 3.1%
Total assets€566,951▼ 9.4%€562,042within the sector's middle half-€512,321within the sector's middle half▼ 8.8%€598,809within the sector's middle half▲ 16.9%€585,341within the sector's middle half▼ 2.2%
Debt€66▼ 99.8%€19,427-€3,952▼ 79.7%€1,377▼ 65.2%€6,647▲ 383%
Working capital€335,355▼ 2.0%€306,506above the sector's middle half-€305,647above the sector's middle half▼ 0.3%€443,698above the sector's middle half▲ 45.2%€439,770above the sector's middle half▼ 0.9%
Solvency100.0%▲ 6.4pp96.5%above the sector's middle half-99.2%above the sector's middle half▲ 2.7pp99.8%above the sector's middle half▲ 0.5pp98.9%above the sector's middle half▼ 0.9pp
Current ratio16.78above the sector's middle half-78.34above the sector's middle half▲ 61.5667.17above the sector's middle half
Return on assets (ROA)-3.3%▼ 12.7pp-11.0%below the sector's middle half--6.7%below the sector's middle half▲ 4.3pp14.9%above the sector's middle half▲ 21.6pp-3.2%below the sector's middle half▼ 18.1pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate 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 turns negative in 2024: a loss of €19,080 after €88,844 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €585,341
Fixed assets
€138,924 ▼ 9.6%
Current assets
€446,417 ▲ 0.3%
Equity and liabilities €585,341
Equity
€578,694 ▼ 3.1%
Debt
€6,647 ▲ 383%
Debt's share of the balance-sheet total rises from 0.2% to 1.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€4,270▼
2023 · €103,915
Cash flow
-€3,927▼
2023 · €104,134
Debt to equity
0.01▲
2023 · 0.00
ROE
-3.2%▼
2023 · 14.9%
Interest coverage
-9.90▼
2023 · 367.54
Debt ≤ 1 year
€6,647▲
2023 · €1,377
Income taxes
€74▼
2023 · €551
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,611 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.1%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% 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 8,611 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 | 2019 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,598 | €16,271 | €18,318 | €15,071 | €14,810 | ▼ 1.7% |
| Other operating charges640/8 | - | €2,656 | €2,086 | €2,048 | €2,579 | ▲ 25.9% |
| Gross operating margin9900 | €4,706 | -€42,012 | -€1,155 | €105,963 | -€1,691 | ▼ 102% |
| Operating profit (loss)9901 | -€18,602 | -€60,939 | -€21,558 | €88,844 | -€19,080 | ▼ 121% |
| Financial income75/76B | - | €9 | €1,780 | €1,053 | €848 | ▼ 19.4% |
| Recurring financial income75 | €149 | €9 | €1,780 | €1,053 | €848 | ▼ 19.4% |
| Financial charges65/66B | - | €1,000 | €655 | €283 | €431 | ▲ 52.5% |
| Recurring financial charges65 | €342 | €1,000 | €655 | €283 | €431 | ▲ 52.5% |
| Profit (loss) for the period before taxes9903 | -€18,795 | -€61,930 | -€20,433 | €89,614 | -€18,663 | ▼ 121% |
| Income taxes67/77 | - | - | €13,814 | €551 | €74 | ▼ 86.5% |
| Profit (loss) for the period9904 | -€18,795 | -€61,930 | -€34,247 | €89,063 | -€18,738 | ▼ 121% |
| Profit (loss) for the period to be appropriated9905 | -€18,795 | -€61,930 | -€34,247 | €89,063 | -€18,738 | ▼ 121% |
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €566,951 | €562,042 | €512,321 | €598,809 | €585,341 | ▼ 2.2% |
| Fixed assets21/28 | €231,530 | €236,109 | €202,722 | €153,734 | €138,924 | ▼ 9.6% |
| Tangible fixed assets22/27 | €211,589 | €216,168 | €202,722 | €153,734 | €138,924 | ▼ 9.6% |
| Land and buildings22 | - | €211,493 | €196,945 | €151,063 | €138,686 | ▼ 8.2% |
| Plant, machinery and equipment23 | - | €4,366 | €5,492 | €2,410 | €0 | ▼ 100.0% |
| Furniture and vehicles24 | - | €309 | €285 | €261 | €237 | ▼ 9.1% |
| Financial fixed assets28 | €19,941 | €19,941 | €0 | - | - | - |
| Current assets29/58 | €335,421 | €325,933 | €309,599 | €445,075 | €446,417 | ▲ 0.3% |
| Amounts receivable within one year40/41 | €47,579 | €50,422 | €20,940 | €216,157 | €250,436 | ▲ 15.9% |
| Trade receivables40 | - | €9,088 | €0 | €171,500 | €213,027 | ▲ 24.2% |
| Other amounts receivable41 | - | €41,334 | €20,940 | €44,657 | €37,409 | ▼ 16.2% |
| Current investments50/53 | €48,065 | €56,565 | €56,565 | €56,565 | €194,000 | ▲ 243% |
| Cash at bank and in hand54/58 | €239,777 | €218,946 | €232,094 | €170,416 | €1,981 | ▼ 98.8% |
| Deferred charges and accrued income490/1 | - | - | - | €1,936 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €566,951 | €562,042 | €512,321 | €598,809 | €585,341 | ▼ 2.2% |
| Equity10/15 | €566,885 | €542,615 | €508,369 | €597,432 | €578,694 | ▼ 3.1% |
| Contributions10/11 | €15,501 | €15,501 | €15,501 | €15,501 | €15,501 | = |
| Capital10 | - | €15,501 | - | - | - | - |
| Issued capital100 | - | €18,600 | - | - | - | - |
| Uncalled capital101 | - | €3,099 | - | - | - | - |
| Reserves13 | €286,455 | €286,455 | €286,455 | €286,455 | €286,455 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €284,595 | €284,595 | €284,595 | €284,595 | = |
| Profit (loss) carried forward14 | €264,929 | €240,659 | €206,412 | €295,475 | €276,738 | ▼ 6.3% |
| Amounts payable17/49 | €66 | €19,427 | €3,952 | €1,377 | €6,647 | ▲ 383% |
| Amounts payable within one year42/48 | €66 | €19,427 | €3,952 | €1,377 | €6,647 | ▲ 383% |
| Trade debts44 | €66 | €19,427 | €216 | €688 | €6,572 | ▲ 855% |
| Suppliers440/4 | - | €19,427 | €216 | €688 | €6,572 | ▲ 855% |
| Taxes, remuneration and social security45 | - | - | €3,736 | €689 | €74 | ▼ 89.2% |
| Taxes450/3 | - | - | €3,736 | €689 | €74 | ▼ 89.2% |
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€18,795 | -€61,930 | -€34,247 | €89,063 | -€18,738 | ▼ 121% |
| + Depreciation and write-downs630 | €21,598 | €16,271 | €18,318 | €15,071 | €14,810 | ▼ 1.7% |
| Operating cash flow (approximation) | €2,803 | -€45,659 | -€15,929 | €104,134 | -€3,927 | ▼ 104% |
| Investment in fixed assets (approximation) | - | - | €15,069 | €33,917 | €0 | ▼ 100% |
| Change in cash | - | - | €13,148 | -€61,678 | -€168,435 | ▼ 173% |
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
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €89,063
Net result €89,063 after 3 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 323.23
Current ratio from 78.34 to 323.23; short-term debt falls from €3,952 to €1,377.
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 122 days late
2022
31-12
Financial
Liquidity times 5current ratio 78.34
Current ratio from 16.78 to 78.34; short-term debt falls from €19,427 to €3,952.
20-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 142 days late
2021
31-12
Financial
Weakest financial yearnet -€61,930
Net result drops to -€61,930, the lowest in the series; recovery starts the following year.
2020
10-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 102 days late
2019
31-12
Financial
Liquidity times 535current ratio 5082.14
Current ratio from 9.49 to 5082.14; short-term debt falls from €40,277 to €66.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
Show earlier events
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
06-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 218 days late
2016
25-11
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 483 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company in the Gazette acts read. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Merchtem · 1 establishment unit since 1988
Ground area
941 m²
Building footprint
427 m²
Volume, LiDAR
2,854 m³
Parcel 23602H0565/00S000, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Wolvertemsesteenweg 12, 1785 Merchtem
since 19882.039.847.939
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23602H0565/00S000 | Flanders | 940 m² | 1 · 427 m² | 10.3 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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VAN DOREN, DE RIDDER & C°
BE 0420.056.817
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PN CREATIONS
BE 0474.763.035
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Of 7,321 companies in this sector we hold annual accounts for 5,390. 3,608 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded27-06-1988
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0434683427
Also
9925:BE0434683427
Registered
24-11-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.