AVALON
ActiveSummary
AVALON has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €535,849 and a net result of €289,723. Equity is growing by ~14.4% per year across the filed fiscal years. Its solvency ranks better than 46% of 1284 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+24
Solvency73=
Growth78=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 2.04 against 3.9 in 2024; short-term debt: 28.9% and cash: 58.8% of total assets), but 51.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 75
Relative position
BE, all sectors
reference
Veterinary activities (NACE 75)
about 90% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
48.4%
Return on assets
26.2%
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 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
11 d late
2024
31 d early
2023
23 d late
2022
29 d late
2021
57 d late
2020
61 d late
2019
32 d late
← 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 26 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 35% 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
Go further with this company
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Financials · fiscal year 2025, micro schema
Equity
€535,849▲ 54.4%
2024 · €346,959
Total assets
€1.1m▲ 54.2%
2024 · €717,543
Net result
€289,723▲ 644%
2024 · €38,960
Working capital
€331,720▲ 41.8%
2024 · €233,940
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
Line20212022202320242025
Operating result€89,673▲ 44.4%€74,663▼ 16.7%€19,455▼ 73.9%€69,184▲ 256%€32,356▼ 53.2%
Net result€65,897▲ 51.1%€45,759▼ 30.6%€8,060▼ 82.4%€38,960▲ 383%€289,723▲ 644%
Equity€279,065▲ 30.4%€324,024▲ 16.1%€331,284▲ 2.2%€346,959▲ 4.7%€535,849▲ 54.4%
Total assets€793,799▼ 1.2%€758,231▼ 4.5%€728,924▼ 3.9%€717,543▼ 1.6%€1.1m▲ 54.2%
Debt€514,734▼ 12.7%€434,206▼ 15.6%€397,640▼ 8.4%€370,584▼ 6.8%€570,574▲ 54.0%
Working capital€134,930▲ 40.8%€170,759▲ 26.6%€192,806▲ 12.9%€233,940▲ 21.3%€331,720▲ 41.8%
Staff (FTE)1.9▲ 46.2%2.1▲ 10.5%2▼ 4.8%1.8▼ 10.0%0.9▼ 50.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2025 Net result +644%, Equity +54%, Total assets +54% on 2024. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 53% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets
€454,610 ▲ 12.8%
Current assets
€651,813 ▲ 107%
Equity and liabilities €1.1m
Equity
€535,849 ▲ 54.4%
Debt
€570,574 ▲ 54.0%
Debt's share of the balance-sheet total falls from 51.6% to 51.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€66,491▼
2024 · €113,160
Cash flow
€323,858▲
2024 · €82,937
Current ratio
2.04▼
2024 · 3.90
Debt to equity
1.06▼
2024 · 1.07
ROE
54.1%▲
2024 · 11.2%
ROA
26.2%▲
2024 · 5.4%
Interest coverage
9.31▼
2024 · 10.39
Debt ≤ 1 year
€320,093▲
2024 · €80,621
Debt > 1 year
€250,461▼
2024 · €289,963
Income taxes
€88,602▲
2024 · €20,933
Staff costs
€24,866▼
2024 · €29,310
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.9%
stopped otherwise
95%
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 < 0.1% 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 34,672 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €30,330 | €31,991 | €30,274 | €29,310 | €24,866 | ▼ 15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €44,843 | €44,070 | €45,261 | €43,976 | €34,135 | ▼ 22.4% |
| Other operating charges640/8 | €1,934 | €6,268 | €4,225 | €4,860 | €31,292 | ▲ 544% |
| Gross operating margin9900 | €166,780 | €156,991 | €99,215 | €147,330 | €122,650 | ▼ 16.8% |
| Operating profit (loss)9901 | €89,673 | €74,663 | €19,455 | €69,184 | €32,356 | ▼ 53.2% |
| Financial income75/76B | €51 | €1 | €799 | €1,605 | €353,108 | ▲ 21,907% |
| Recurring financial income75 | €51 | €1 | €799 | €1,605 | €1,959 | ▲ 22.1% |
| Non-recurring financial income76B | - | - | - | - | €351,149 | - |
| Financial charges65/66B | €8,149 | €10,725 | €8,379 | €10,894 | €7,139 | ▼ 34.5% |
| Recurring financial charges65 | €8,149 | €10,725 | €8,379 | €10,894 | €7,139 | ▼ 34.5% |
| Profit (loss) for the period before taxes9903 | €81,575 | €63,938 | €11,875 | €59,894 | €378,325 | ▲ 532% |
| Income taxes67/77 | €15,677 | €18,179 | €3,816 | €20,933 | €88,602 | ▲ 323% |
| Profit (loss) for the period9904 | €65,897 | €45,759 | €8,060 | €38,960 | €289,723 | ▲ 644% |
| Profit (loss) for the period to be appropriated9905 | €65,897 | €45,759 | €8,060 | €38,960 | €289,723 | ▲ 644% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €793,799 | €758,231 | €728,924 | €717,543 | €1.1m | ▲ 54.2% |
| Fixed assets21/28 | €509,803 | €490,663 | €447,390 | €402,982 | €454,610 | ▲ 12.8% |
| Intangible fixed assets21 | - | - | €0 | €0 | - | - |
| Tangible fixed assets22/27 | €509,803 | €490,663 | €447,390 | €402,982 | €354,610 | ▼ 12.0% |
| Land and buildings22 | €460,928 | €453,094 | €422,475 | €389,869 | €344,640 | ▼ 11.6% |
| Plant, machinery and equipment23 | €36,957 | €28,714 | €19,102 | €10,074 | - | - |
| Furniture and vehicles24 | €11,918 | €8,856 | €5,813 | €3,040 | €9,969 | ▲ 228% |
| Financial fixed assets28 | - | - | - | - | €100,000 | - |
| Current assets29/58 | €283,996 | €267,567 | €281,533 | €314,561 | €651,813 | ▲ 107% |
| Stocks and contracts in progress3 | €23,824 | €31,626 | €22,658 | €20,331 | - | - |
| Stocks30/36 | €23,824 | €31,626 | €22,658 | €20,331 | - | - |
| Amounts receivable within one year40/41 | €3,028 | €1,120 | €1,646 | - | - | - |
| Trade receivables40 | €3,028 | €1,120 | €1,646 | - | - | - |
| Cash at bank and in hand54/58 | €253,611 | €232,716 | €255,946 | €292,875 | €650,514 | ▲ 122% |
| Deferred charges and accrued income490/1 | €3,533 | €2,106 | €1,284 | €1,354 | €1,299 | ▼ 4.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €793,799 | €758,231 | €728,924 | €717,543 | €1.1m | ▲ 54.2% |
| Equity10/15 | €279,065 | €324,024 | €331,284 | €346,959 | €535,849 | ▲ 54.4% |
| Contributions10/11 | €68,550 | €68,550 | €68,550 | €68,550 | €68,550 | = |
| Reserves13 | €99,504 | €144,463 | €152,523 | €169,032 | €358,754 | ▲ 112% |
| Non-distributable reserves130/1 | €6,855 | €6,855 | €1,250 | €1,250 | €1,250 | = |
| Reserves not available under the articles1311 | €6,855 | €6,855 | €1,250 | €1,250 | €1,250 | = |
| Tax-exempt reserves132 | €6,991 | €6,991 | €6,991 | €6,991 | €6,991 | = |
| Distributable reserves133 | €85,658 | €130,617 | €144,282 | €160,790 | €350,513 | ▲ 118% |
| Profit (loss) carried forward14 | €111,011 | €111,011 | €110,211 | €109,378 | €108,545 | ▼ 0.8% |
| Amounts payable17/49 | €514,734 | €434,206 | €397,640 | €370,584 | €570,574 | ▲ 54.0% |
| Amounts payable after more than one year17 | €365,143 | €336,873 | €308,912 | €289,963 | €250,461 | ▼ 13.6% |
| Financial debts170/4 | €343,934 | €313,604 | €308,912 | €289,963 | €250,461 | ▼ 13.6% |
| Other amounts payable178/9 | €21,210 | €23,269 | - | - | - | - |
| Amounts payable within one year42/48 | €149,066 | €96,808 | €88,728 | €80,621 | €320,093 | ▲ 297% |
| Current portion of amounts payable after more than one year42 | €79,664 | €30,329 | €31,011 | €31,710 | €32,426 | ▲ 2.3% |
| Trade debts44 | €19,206 | €23,670 | €22,724 | €10,597 | €49,013 | ▲ 363% |
| Suppliers440/4 | €19,206 | €23,670 | €22,724 | €10,597 | €49,013 | ▲ 363% |
| Taxes, remuneration and social security45 | €49,636 | €42,249 | €34,433 | €37,731 | €138,072 | ▲ 266% |
| Taxes450/3 | €45,054 | €35,567 | €28,928 | €35,775 | €138,054 | ▲ 286% |
| Remuneration and social security454/9 | €4,581 | €6,682 | €5,504 | €1,956 | €17 | ▼ 99.1% |
| Other amounts payable47/48 | €560 | €560 | €560 | €583 | €100,583 | ▲ 17,150% |
| Accrued charges and deferred income492/3 | €525 | €525 | - | - | €20 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €65,897 | €45,759 | €8,060 | €38,960 | €289,723 | ▲ 644% |
| + Depreciation and write-downs630 | €44,843 | €44,070 | €45,261 | €43,976 | €34,135 | ▼ 22.4% |
| Operating cash flow (approximation) | €110,741 | €89,829 | €53,321 | €82,937 | €323,858 | ▲ 290% |
| Investment in fixed assets (approximation) | - | -€24,930 | -€1,988 | €431 | -€85,763 | ▼ 19,980% |
| Change in cash | - | -€20,896 | €23,230 | €36,930 | €357,639 | ▲ 868% |
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
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
31-12
Financial
Highest result since 2018net €289,723 ▲644%
Net result €289,723, the highest in the series.
31-12
Financial
Equity above €500,000Eq €535,849 ▲54.4%
8 profitable years in a row build equity to €535,849.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-12
Financial
Weakest financial yearnet €8,060 ▼82.4%
Net result drops to €8,060, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
26-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 57 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Equity above €200,000Eq €213,967 ▲25%
3 profitable years in a row build equity to €213,967.
01-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 32 days late
2019
31-12
Financial
Equity above €150,000Eq €171,151 ▲17%
2 profitable years in a row build equity to €171,151.
Show earlier events
12-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 43 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
03-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 64 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, Heist-op-den-Berg · 1 establishment unit since 2014
Ground area
896 m²
Building footprint
374 m²
Volume, LiDAR
1,800 m³
Parcel 12322H0230/00V002, Flanders · tallest building 9.8 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Liersesteenweg 146, 2220 Heist-op-den-Berg
since 20142.226.110.210
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12322H0230/00V002 | Flanders | 896 m² | 1 · 374 m² | 9.8 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 4,078 EUR awarded · 4,078 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 3,583 EUR | 3,583 EUR |
| 2024 | 1 | 300 EUR | 300 EUR |
| 2022 | 1 | 195 EUR | 195 EUR |
Schemes
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Of 6,090 companies in sector 75000 we hold annual accounts for 1,951. 1,315 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 (pre-2019)
Founded16-02-2010
Fiscal year end31-12
Activities, NACEBEL 2025
75000Veterinary services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0823538413
Also
9925:BE0823538413
Registered
26-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.