AVADIS
ActiveAVADIS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €260k and a net result of €-92k. Equity is growing by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 59% of 7689 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-77
Solvency96▼-2
Growth65=
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 2.14 against 2.55 in 2024), and 48.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
1 d late
2023
2 d early
2022
75 d early
2021
76 d early
2020
74 d early
2019
78 d early
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€1.15M▼ 20.9%
2021 · €1.45M
2019: €712k
2020: €894k
2021: €1.45M
2019 → 2022
EBIT margin
22.6%▲ 1.4pp
2021 · 21.2%
2019: 20.4%
2020: 11.1%
2021: 21.2%
2019 → 2022
Net result
€-92k
2024 · €55k
2019: €101k
2020: €72k
2021: €235k
2022: €198k
2023: €167k
2024: €55k
2019 → 2025
Working capital
€255k▼ 25.9%
2024 · €345k
2019: €164k
2020: €235k
2021: €273k
2022: €475k
2023: €330k
2024: €345k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.45M-€1.15M▼ 20.9%
Equity€283k-€481k▲ 70.0%€347k▼ 27.7%€352k▲ 1.3%€260k▼ 26.2%
Operating result€307k-€259k▼ 15.5%€239k▼ 7.7%€72k▼ 69.8%€-86k
Net result€235k-€198k▼ 15.7%€167k▼ 15.6%€55k▼ 67.3%€-92k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €86k after €72k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €501k
Fixed assets
€21k▼ 33.2%
Current assets
€480k▼ 15.4%
Equity and liabilities €501k
Equity
€260k▼ 26.2%
Debt
€241k▼ 2.3%
The debt ratio rises from 41.2% to 48.2%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-76k▼
2024 · €92k
Cash flow
€-82k▼
2024 · €74k
Solvency
51.8%▼
2024 · 58.8%
Current ratio
2.14▼
2024 · 2.55
Quick ratio
1.76▼
2024 · 2.07
Debt / equity
0.93▲
2024 · 0.70
ROE
-35.5%▼
2024 · 15.5%
ROA
-18.4%▼
2024 · 9.1%
Interest coverage
-11.80▼
2024 · 18.09
Debt
€241k▼
2024 · €247k
Debt ≤ 1 year
€224k▲
2024 · €223k
Debt > 1 year
€16k▼
2024 · €24k
Income taxes
€383▼
2024 · €13k
Staff costs
€215k▲
2024 · €172k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€599k€501k▼
Fixed assets21/28€32k€21k▼
Tangible fixed assets22/27€32k€21k▼
Furniture and vehicles24€32k€21k▼
Current assets29/58€567k€480k▼
Stocks and contracts in progress3€107k€85k▼
Stocks30/36€107k€85k▼
Amounts receivable within one year40/41€386k€336k▼
Trade receivables40€344k€205k▼
Other amounts receivable41€42k€131k▲
Cash at bank and in hand54/58€68k€50k▼
Deferred charges and accrued income490/1€6k€8k▲
Equity and liabilities
Total equity and liabilities10/49€599k€501k▼
Equity10/15€352k€260k▼
Contributions10/11€20k€20k=
Reserves13€170k€170k=
Distributable reserves133€170k€170k=
Profit (loss) carried forward14€161k€69k▼
Amounts payable17/49€247k€241k▼
Amounts payable after more than one year17€24k€16k▼
Financial debts170/4€24k€16k▼
Amounts payable within one year42/48€223k€224k▲
Current portion of amounts payable after more than one year42€9k€9k▼
Financial debts43€8k€108k▲
Other loans439€8k€108k▲
Trade debts44€115k€46k▼
Suppliers440/4€115k€46k▼
Advances received on contracts in progress46-€17k
Taxes, remuneration and social security45€85k€44k▼
Taxes450/3€55k€23k▼
Remuneration and social security454/9€30k€20k▼
Other amounts payable47/48€5k€645▼
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Remuneration, social security and pensions62€172k€215k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€10k▼
Other operating charges640/8€1k€802▼
Gross operating margin9900€265k€140k▼
Operating profit (loss)9901€72k€-86k▼
Financial income75/76B€870€810▼
Recurring financial income75€870€810▼
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€68k€-92k▼
Income taxes67/77€13k€383▼
Profit (loss) for the period9904€55k€-92k▼
Profit (loss) for the period to be appropriated9905€55k€-92k▼
Appropriation of the result
Profit (loss) to be appropriated9906€211k€69k▼
Profit (loss) brought forward from the previous period14P€157k€161k▲
Profit to be distributed694/7€50k-
Return on contributions (dividend)694€50k-
Social balance
Average headcount (FTE)90872.92.9=
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-92k ▼269%
Net result drops to €-92k, the lowest in the series.
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 1 day late
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
17-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
30-06
Financial
Liquidity times 7current ratio 13.02
Current ratio from 1.99 to 13.02; short-term debt falls from €275k to €40k.
2021
16-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
30-06
Financial
Highest result since 2019net €235k ▲226%
Operating result €307k, net result €235k, both a record.
2020
18-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
30-06
Financial
Equity above €200kEq €248k ▲40.9%
2 profitable years in a row build equity to €248k.
2019
14-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
19-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
17-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
28-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2011
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-02-2011
Resigned as Director
Location & real-estate footprint
Registered office, Braine-l'Alleud · 1 establishment unit since 2010
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.
Avenue du Commerce 361420 Braine-l'AlleudGround area
2,094 m²
Building footprint
848 m²
Volume, LiDAR
4,975 m³
Parcel 25014N0024/00W000, Wallonia · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AVADIS
since 20102.189.580.406
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25014N0024/00W000 | Wallonia | 2,094 m² | 1 · 848 m² | 7.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ELECTRICITE, TRAVAUX et TECHNIQUE
BE 0452.500.446
Hannut · Eq €260k
Electriciteitswerken Bart Almeye
BE 0808.537.461
Nazareth-De Pinte · Eq €260k
JAMY SOLUTIONS
BE 0793.621.237
Aalst · Eq €260k
M-Projects
BE 0820.562.392
Herent · Eq €260k
VANHECKE Electricité
BE 0806.283.992
Mouscron · Eq €260k
Of 22,729 companies in sector 43211 we hold annual accounts for 10,274. 7,814 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-06-2010
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
46150Agents in the wholesale of furniture, household goods and hardware
46341Wholesale of wines and spirits
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.