AVALON BELGIUM
ActiveAVALON BELGIUM has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €381k and a net result of €178k. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 62% of 936 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2022
Profitability99▼-1
Solvency75▲+28
Growth44▼-28
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.97 against 1.26 in 2022; short-term debt: 50.2% and cash: 80.2% of total assets), but 50.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 52
Relative position
BE, all sectors
reference
Sector 52
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 · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
61 d late
2022
24 d early
2021
71 d late
2020
31 d late
2018
41 d late
2017
29 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€989k▼ 26.6%
2022 · €1.35M
2020: €681k
2021: €1.42M
2022: €1.35M
2020 → 2024
EBIT margin
23.9%▼ 22.7pp
2022 · 46.6%
2020: 12.5%
2021: 52.2%
2022: 46.6%
2020 → 2024
Net result
€178k▼ 66.1%
2022 · €525k
2018: €262k
2020: €53k
2021: €546k
2022: €525k
2018 → 2024
Working capital
€372k▲ 18.5%
2022 · €314k
2018: €456k
2020: €245k
2021: €280k
2022: €314k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182020202120222024Trend
Turnover€681k€1.42M▲ 108%€1.35M▼ 4.8%€989k▼ 26.6%
Equity€526k-€270k▼ 48.8%€316k▲ 17.2%€341k▲ 7.9%€381k▲ 11.7%
Operating result€355k-€85k▼ 76.0%€739k▲ 766%€628k▼ 15.1%€237k▼ 62.3%
Net result€262k-€53k▼ 79.8%€546k▲ 933%€525k▼ 3.9%€178k▼ 66.1%
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 is €237k in 2024, compared with €628k in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2022 as the grey bar beneath
Assets €765k
Fixed assets
€9k▼ 65.8%
Current assets
€755k▼ 50.4%
Equity and liabilities €765k
Equity
€381k▲ 11.7%
Debt
€384k▼ 68.2%
The debt ratio falls from 78.0% to 50.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€246k▼
2022 · €644k
Cash flow
€187k▼
2022 · €541k
Solvency
49.8%▲
2022 · 22.0%
Current ratio
1.97▲
2022 · 1.26
Quick ratio
1.97▲
2022 · 1.26
Debt / equity
1.01▼
2022 · 3.54
ROE
46.6%▼
2022 · 153.9%
ROA
23.2%▼
2022 · 33.9%
Interest coverage
18.81▼
2022 · 55.11
Debt
€384k▼
2022 · €1.21M
Debt ≤ 1 year
€384k▼
2022 · €1.21M
Income taxes
€77k▼
2022 · €200k
Staff costs
€211k▲
2022 · €193k
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 · 2024 against 2022
Balance sheet
Code20222024
Assets
Total assets20/58€1.55M€765k▼
Fixed assets21/28€28k€9k▼
Tangible fixed assets22/27€28k€9k▼
Plant, machinery and equipment23€6k€504▼
Furniture and vehicles24€21k€9k▼
Current assets29/58€1.52M€755k▼
Amounts receivable within one year40/41€246k€142k▼
Trade receivables40€222k€121k▼
Other amounts receivable41€24k€21k▼
Cash at bank and in hand54/58€1.28M€613k▼
Deferred charges and accrued income490/1-€0
Equity and liabilities
Total equity and liabilities10/49€1.55M€765k▼
Equity10/15€341k€381k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€321k€361k▲
Amounts payable17/49€1.21M€384k▼
Amounts payable within one year42/48€1.21M€384k▼
Trade debts44€221k€96k▼
Suppliers440/4€221k€96k▼
Taxes, remuneration and social security45€644k€173k▼
Taxes450/3€559k€125k▼
Remuneration and social security454/9€85k€48k▼
Other amounts payable47/48€344k€114k▼
Income statement
Code20222024
Turnover70€1.35M€989k▼
Non-recurring operating income76A€5k-
Goods, raw materials, services and sundry goods60/61€514k€535k▲
Remuneration, social security and pensions62€193k€211k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€9k▼
Other operating charges640/8€1k€4k▲
Gross operating margin9900€839k€460k▼
Operating profit (loss)9901€628k€237k▼
Financial income75/76B€108k€31k▼
Recurring financial income75€108k€31k▼
Non-recurring financial income76B€108k-
Financial charges65/66B€12k€13k▲
Recurring financial charges65€12k€13k▲
Profit (loss) for the period before taxes9903€725k€255k▼
Income taxes67/77€200k€77k▼
Profit (loss) for the period9904€525k€178k▼
Profit (loss) for the period to be appropriated9905€525k€178k▼
Appropriation of the result
Profit (loss) to be appropriated9906€821k€511k▼
Profit (loss) brought forward from the previous period14P€296k€333k▲
Profit to be distributed694/7€500k€150k▼
Return on contributions (dividend)694-€150k
Directors or managers695€500k-
Social balance
Average headcount (FTE)90872.32.3=
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
10-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 71 days late
2021
31-12
Financial
Highest result since 2018net €546k ▲933%
Operating result €739k, net result €546k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €53k ▼79.8%
Net result drops to €53k, the lowest in the series; recovery starts the following year.
2019
10-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 41 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
11-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 42 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
29-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
29-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Antwerpen · 1 establishment unit since 2008
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.
Kribbestraat 242000 AntwerpenGround area
424 m²
Building footprint
165 m²
Volume, LiDAR
2,781 m³
Parcel 11802B0045/00Z004, Flanders · tallest building 19.2 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
AVALON BELGIUM
since 20082.172.643.711
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11802B0045/00Z004 | Flanders | 424 m² | 1 · 164 m² | 19.2 m · 6 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
GNR Operations
BE 0461.804.924
Zoersel · Eq €381k
AUTOMOSANE
BE 0425.115.465
Heist-op-den-Berg · Eq €381k
FLIGHTWATCH
BE 0654.780.781
Jabbeke · Eq €379k
Kisa
BE 0810.334.931
Antwerpen · Eq €379k
CARGOLOGIN
BE 0832.013.936
Antwerpen · Eq €384k
Of 3,191 companies in sector 52250 we hold annual accounts for 1,956. 1,428 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded13-08-2008
Fiscal year end31-12
Activities, NACEBEL
52250Logistics services
52290Warehousing and support activities for transportation
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.