AVALON
ActiveSummary
AVALON has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €66,108 and a net result of -€63,713. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability7▼-37
Solvency35▼-9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.0 against 0.07 in 2023; short-term debt: 70% and cash: 0% of total assets), and 89.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
10.1%
Return on assets
-9.7%
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 10-10-2025, 71 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
71 d late
2023
76 d late
2022
142 d late
2021
31 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 74 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€66,108▼ 49.1%
2023 · €129,821
Total assets
€657,166▼ 5.6%
2023 · €696,401
Net result
-€63,713
2023 · €7,882
Working capital
-€459,540▼ 9.6%
2023 · -€419,273
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
Line20202021202220232024
Operating result€28,903€23,402▼ 19.0%€52,140▲ 123%€15,397▼ 70.5%-€729
Net result€7,904€20,534▲ 160%€124,105▲ 504%€7,882▼ 93.6%-€63,713
Equity-€22,700▲ 25.8%-€2,166▲ 90.5%€121,939€129,821▲ 6.5%€66,108▼ 49.1%
Total assets€768,764▼ 15.3%€949,778▲ 23.5%€732,569▼ 22.9%€696,401▼ 4.9%€657,166▼ 5.6%
Debt€711,953▼ 16.8%€875,838▲ 23.0%€610,630▼ 30.3%€566,580▼ 7.2%€591,057▲ 4.3%
Working capital-€322,630▲ 16.6%-€549,253▼ 70.2%-€414,116▲ 24.6%-€419,273▼ 1.2%-€459,540▼ 9.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €729 after €15,397 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €657,166
Fixed assets
€656,763 ▼ 0.9%
Current assets
€403 ▼ 98.8%
Equity and liabilities €657,166
Equity
€66,108 ▼ 49.1%
Debt
€591,057 ▲ 4.3%
Debt's share of the balance-sheet total rises from 81.4% to 89.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€5,266▼
2023 · €21,392
Cash flow
-€57,717▼
2023 · €13,878
Current ratio
0.00▼
2023 · 0.07
Debt to equity
8.94▲
2023 · 4.36
ROE
-96.4%▼
2023 · 6.1%
ROA
-9.7%▼
2023 · 1.1%
Interest coverage
0.08▼
2023 · 2.84
Debt ≤ 1 year
€459,943▲
2023 · €452,916
Debt > 1 year
€131,114▲
2023 · €113,664
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €56,688 | €20,571 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,365 | €13,958 | €5,995 | €5,995 | €5,995 | = |
| Other operating charges640/8 | - | €2,224 | €4,135 | €2,845 | €1,448 | ▼ 49.1% |
| Non-recurring operating charges66A | - | - | €4,028 | - | - | - |
| Gross operating margin9900 | €45,604 | €39,584 | €66,298 | €24,237 | €6,715 | ▼ 72.3% |
| Operating profit (loss)9901 | €28,903 | €23,402 | €52,140 | €15,397 | -€729 | ▼ 105% |
| Financial income75/76B | - | €48 | - | €7 | - | - |
| Recurring financial income75 | - | €48 | - | €7 | - | - |
| Financial charges65/66B | - | €6,322 | €4,141 | €7,521 | €62,984 | ▲ 737% |
| Recurring financial charges65 | €24,404 | €6,322 | €4,141 | €7,521 | €62,984 | ▲ 737% |
| Profit (loss) for the period before taxes9903 | €4,498 | €17,128 | €47,999 | €7,882 | -€63,713 | ▼ 908% |
| Transfer from deferred taxes780 | - | €3,406 | €76,105 | - | - | - |
| Profit (loss) for the period9904 | €7,904 | €20,534 | €124,105 | €7,882 | -€63,713 | ▼ 908% |
| Transfer from tax-exempt reserves789 | - | €6,613 | €147,808 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €14,517 | €27,147 | €271,913 | €7,882 | -€63,713 | ▼ 908% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €768,764 | €949,778 | €732,569 | €696,401 | €657,166 | ▼ 5.6% |
| Fixed assets21/28 | €758,947 | €945,739 | €668,753 | €662,758 | €656,763 | ▼ 0.9% |
| Tangible fixed assets22/27 | €608,947 | €597,739 | €320,753 | €314,758 | €308,763 | ▼ 1.9% |
| Land and buildings22 | - | €595,582 | €320,753 | €314,758 | €308,763 | ▼ 1.9% |
| Furniture and vehicles24 | - | €2,157 | - | - | - | - |
| Financial fixed assets28 | €150,000 | €348,000 | €348,000 | €348,000 | €348,000 | = |
| Current assets29/58 | €9,817 | €4,038 | €63,815 | €33,643 | €403 | ▼ 98.8% |
| Amounts receivable within one year40/41 | €4,028 | €4,028 | €63,815 | €33,643 | - | - |
| Other amounts receivable41 | - | €4,028 | €63,815 | €33,643 | - | - |
| Cash at bank and in hand54/58 | €10 | €10 | - | - | €246 | - |
| Deferred charges and accrued income490/1 | - | - | - | - | €157 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €768,764 | €949,778 | €732,569 | €696,401 | €657,166 | ▼ 5.6% |
| Equity10/15 | -€22,700 | -€2,166 | €121,939 | €129,821 | €66,108 | ▼ 49.1% |
| Contributions10/11 | €210,710 | €210,710 | €210,710 | €210,710 | €210,710 | = |
| Capital10 | - | €210,710 | €210,710 | €210,710 | €210,710 | = |
| Issued capital100 | - | €210,710 | €210,710 | €210,710 | €210,710 | = |
| Reserves13 | €192,411 | €185,797 | €37,989 | €37,989 | €37,989 | = |
| Non-distributable reserves130/1 | - | €21,071 | €21,071 | €21,071 | €21,071 | = |
| Legal reserve130 | - | €21,071 | €21,071 | €21,071 | €21,071 | = |
| Tax-exempt reserves132 | - | €147,808 | - | - | - | - |
| Distributable reserves133 | - | €16,918 | €16,918 | €16,918 | €16,918 | = |
| Profit (loss) carried forward14 | -€425,820 | -€398,673 | -€126,760 | -€118,877 | -€182,590 | ▼ 53.6% |
| Provisions and deferred taxes16 | €79,511 | €76,105 | - | - | - | - |
| Deferred taxes168 | - | €76,105 | - | - | - | - |
| Amounts payable17/49 | €711,953 | €875,838 | €610,630 | €566,580 | €591,057 | ▲ 4.3% |
| Amounts payable after more than one year17 | €379,507 | €322,548 | €132,699 | €113,664 | €131,114 | ▲ 15.4% |
| Financial debts170/4 | - | €322,548 | €132,699 | €113,664 | €131,114 | ▲ 15.4% |
| Amounts payable within one year42/48 | €332,446 | €553,291 | €477,931 | €452,916 | €459,943 | ▲ 1.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €17,411 | - |
| Financial debts43 | - | €87,000 | €44,858 | €48,080 | - | - |
| Credit institutions430/8 | - | - | €44,858 | €48,080 | - | - |
| Other loans439 | - | €87,000 | - | - | - | - |
| Trade debts44 | €4,447 | €10,932 | €20,438 | €5,053 | €3,007 | ▼ 40.5% |
| Suppliers440/4 | - | €10,932 | €20,438 | €5,053 | €3,007 | ▼ 40.5% |
| Advances received on contracts in progress46 | - | €49,880 | €49,880 | €49,880 | €49,880 | = |
| Other amounts payable47/48 | - | €405,479 | €362,756 | €349,903 | €389,646 | ▲ 11.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,904 | €20,534 | €124,105 | €7,882 | -€63,713 | ▼ 908% |
| + Depreciation and write-downs630 | €13,365 | €13,958 | €5,995 | €5,995 | €5,995 | = |
| Operating cash flow (approximation) | €21,269 | €34,492 | €130,100 | €13,878 | -€57,717 | ▼ 516% |
| Investment in fixed assets (approximation) | - | -€200,750 | €270,991 | €0 | €0 | - |
| Change in cash | - | €0 | - | - | - | - |
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
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 71 days late
2024
15-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 76 days late
2023
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 142 days late
2022
31-12
Financial
Highest result since 2018net €124,105 ▲504%
Operating result €52,140, net result €124,105, both a record.
31-12
Financial
Equity above €100,000Eq €121,939
3 profitable years in a row build equity to €121,939.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €7,904
Net result €7,904 after 2 loss-making years.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
05-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 97 days late
05-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 462 days late
2017
02-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 2 days late
2016
20-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Zoersel · 1 establishment unit since 1992
Ground area
1,398 m²
Building footprint
170 m²
Volume, LiDAR
643 m³
Parcel 11055A0103/00E003, Flanders · tallest building 6.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
AVALON NV
since 19922.059.485.588
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11055A0103/00E003 | Flanders | 1,398 m² | 1 · 170 m² | 6.2 m · 1 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.
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 2
-
100%
-
80%
According to the 2024 annual accounts of AVALON and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
Identification
Legal formPublic limited company
Founded12-12-1991
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0445959478
Also
9925:BE0445959478
Registered
07-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.