Avalanche
ActiveSummary
The computed 12-month bankruptcy probability of Avalanche is 1.7% (moderate). The 2024 annual accounts show equity of €10,910 and a net result of €5,431. Its solvency ranks better than 20% of 8966 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability78▼-16
Solvency39▼-6
Growth52
Track record94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.68 against 0.45 in 2023; short-term debt: 27.5% and cash: 16.2% of total assets), and 85.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
14.2%
Return on assets
7%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 8966 sector peers (2024).
NBB · sector comparisonPosition among 8966 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
22 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€10,910▲ 99.1%
2023 · €5,479
Total assets
€77,068▲ 186%
2023 · €26,944
Net result
€5,431▼ 0.9%
2023 · €5,479
Working capital
-€6,837▲ 0.9%
2023 · -€6,896
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20232024
Operating result€10,717-€11,678▲ 9.0%
Net result€5,479-€5,431▼ 0.9%
Equity€5,479-€10,910▲ 99.1%
Total assets€26,944-€77,068▲ 186%
Debt€21,466-€66,158▲ 208%
Working capital-€6,896--€6,837▲ 0.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 9% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €77,068
Fixed assets
€62,724 ▲ 194%
Current assets
€14,344 ▲ 155%
Equity and liabilities €77,068
Equity
€10,910 ▲ 99.1%
Debt
€66,158 ▲ 208%
Debt's share of the balance-sheet total rises from 79.7% to 85.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€26,069▲
2023 · €18,566
Cash flow
€19,822▲
2023 · €13,327
Current ratio
0.68▲
2023 · 0.45
Debt to equity
6.06▲
2023 · 3.92
ROE
49.8%▼
2023 · 100.0%
ROA
7.0%▼
2023 · 20.3%
Interest coverage
9.29▼
2023 · 31.22
Debt ≤ 1 year
€21,181▲
2023 · €12,517
Debt > 1 year
€44,976▲
2023 · €8,949
Income taxes
€3,442▼
2023 · €4,645
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,848 | €14,391 | ▲ 83.4% |
| Other operating charges640/8 | €1,543 | €1,370 | ▼ 11.2% |
| Gross operating margin9900 | €20,109 | €27,439 | ▲ 36.5% |
| Operating profit (loss)9901 | €10,717 | €11,678 | ▲ 9.0% |
| Financial income75/76B | €1 | €0 | ▼ 84.2% |
| Recurring financial income75 | €1 | €0 | ▼ 84.2% |
| Financial charges65/66B | €595 | €2,805 | ▲ 372% |
| Recurring financial charges65 | €595 | €2,805 | ▲ 372% |
| Profit (loss) for the period before taxes9903 | €10,124 | €8,873 | ▼ 12.4% |
| Income taxes67/77 | €4,645 | €3,442 | ▼ 25.9% |
| Profit (loss) for the period9904 | €5,479 | €5,431 | ▼ 0.9% |
| Profit (loss) for the period to be appropriated9905 | €5,479 | €5,431 | ▼ 0.9% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €26,944 | €77,068 | ▲ 186% |
| Fixed assets21/28 | €21,323 | €62,724 | ▲ 194% |
| Tangible fixed assets22/27 | €21,323 | €62,724 | ▲ 194% |
| Land and buildings22 | - | €45,959 | - |
| Plant, machinery and equipment23 | €1,451 | €2,613 | ▲ 80.0% |
| Furniture and vehicles24 | €19,872 | €14,152 | ▼ 28.8% |
| Current assets29/58 | €5,621 | €14,344 | ▲ 155% |
| Amounts receivable within one year40/41 | €1,038 | €1,069 | ▲ 2.9% |
| Other amounts receivable41 | €1,038 | €1,069 | ▲ 2.9% |
| Cash at bank and in hand54/58 | €4,204 | €12,471 | ▲ 197% |
| Deferred charges and accrued income490/1 | €379 | €805 | ▲ 112% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €26,944 | €77,068 | ▲ 186% |
| Equity10/15 | €5,479 | €10,910 | ▲ 99.1% |
| Reserves13 | €5,479 | €10,910 | ▲ 99.1% |
| Distributable reserves133 | €5,479 | €10,910 | ▲ 99.1% |
| Amounts payable17/49 | €21,466 | €66,158 | ▲ 208% |
| Amounts payable after more than one year17 | €8,949 | €44,976 | ▲ 403% |
| Financial debts170/4 | €8,949 | €44,976 | ▲ 403% |
| Amounts payable within one year42/48 | €12,517 | €21,181 | ▲ 69.2% |
| Current portion of amounts payable after more than one year42 | €6,802 | €11,292 | ▲ 66.0% |
| Financial debts43 | - | €18 | - |
| Credit institutions430/8 | - | €18 | - |
| Trade debts44 | €530 | €406 | ▼ 23.4% |
| Suppliers440/4 | €530 | €406 | ▼ 23.4% |
| Taxes, remuneration and social security45 | €5,128 | €8,779 | ▲ 71.2% |
| Taxes450/3 | €5,128 | €8,779 | ▲ 71.2% |
| Other amounts payable47/48 | €57 | €686 | ▲ 1,097% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €5,479 | €5,431 | ▼ 0.9% |
| + Depreciation and write-downs630 | €7,848 | €14,391 | ▲ 83.4% |
| Operating cash flow (approximation) | €13,327 | €19,822 | ▲ 48.7% |
| Investment in fixed assets (approximation) | - | -€55,791 | - |
| Change in cash | - | €8,267 | - |
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
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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 2022
Ground area
321 m²
Building footprint
101 m²
Volume, LiDAR
905 m³
Parcel 34007A0342/00D007, Flanders · tallest building 13.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Meensesteenweg(Bis) 200, 8501 Kortrijk
since 20222.329.578.427
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34007A0342/00D007 | Flanders | 320 m² | 1 · 101 m² | 13.5 m · 3 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.
Recognitions · licences · registrations
Legal Entity Identifier
9845000FF0B655C97C73
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Of 9,862 companies in sector 73110 we hold annual accounts for 3,752. 2,144 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
Founded01-04-2022
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
74120Graphic design and visual communication
74201Photography, excluding press photography
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.