Turnover
The accounts state no turnover.
The accounts state no turnover.
Green is investment, beige is depreciation.
Ten of the last ten came late. The 2019 accounts came latest: 70 days after the end of the period.
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 39% of them on solvency, 29% on liquidity, 27% on profitability and 24% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 12,322 companies had the same profile as AVAN has now. Each dot stands for 31 companies, two years later.
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of AVAN itself: 0.2% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 12,322 companies, not a prediction for AVAN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.3 (0.57 in 2024), below 1. Short-term debt is 36.4% and cash 10.2% of total assets. 59.3% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 31 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
AVAN files the abbreviated format. That format states no turnover. The gross margin fell from €27,914 in 2006 to €9,287 in 2025.
The balance sheet grew most in 2013 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €63,000. Estimated: probably between €26,000 and €160,000.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
413,603 | 441,256 | 445,418 | 481,630 | 512,980 | 529,054 | 529,225 | 542,654 | 523,631 | 584,092 | 615,827 | 639,242 | 667,887 | 215,256 | 219,128 | 220,733 | 225,954 | 227,806 | 235,946 | 233,014 | |
21/28 |
368,025 | 352,547 | 384,999 | 408,898 | 431,029 | 446,600 | 423,476 | 448,012 | 426,955 | 445,684 | 467,763 | 461,967 | 476,932 | 215,256 | 217,766 | 220,276 | 222,786 | 226,133 | 229,480 | 233,014 | |
22/27 |
351,406 | 337,884 | 375,511 | 400,027 | 431,029 | 446,600 | 423,476 | 448,012 | 426,955 | 445,684 | 467,763 | 461,967 | 476,932 | 41,730 | 44,241 | 46,751 | 49,261 | 52,608 | 55,955 | 59,489 | |
22 |
348,841 | 333,993 | 370,252 | 339,355 | 353,898 | 368,442 | 382,985 | 397,503 | 411,614 | 422,577 | 436,889 | 451,241 | 465,593 | 41,730 | 44,241 | 46,751 | 49,261 | 51,771 | 54,281 | 56,791 | |
23 |
2,565 | 3,892 | 5,259 | 60,672 | 77,130 | 78,158 | 40,491 | 44,808 | 3,529 | 5,185 | 6,842 | 9,088 | 11,340 | - | - | - | - | 837 | 1,674 | 2,698 | |
24 |
- | - | - | - | - | - | - | 5,701 | 11,811 | 17,922 | 24,032 | 1,638 | - | - | - | - | - | - | - | - | |
28 |
16,619 | 14,663 | 9,488 | 8,872 | - | - | - | - | - | - | - | - | - | 173,525 | 173,525 | 173,525 | 173,525 | 173,525 | 173,525 | 173,525 | |
29/58 |
45,577 | 88,708 | 60,419 | 72,732 | 81,951 | 82,454 | 105,749 | 94,642 | 96,677 | 138,407 | 148,064 | 177,275 | 190,955 | - | 1,362 | 457 | 3,168 | 1,672 | 6,466 | - | |
40/41 |
1,864 | - | - | - | 983 | - | 182 | 382 | - | 165 | 1,794 | 1,581 | - | - | 457 | 457 | 457 | 373 | 357 | - | |
40 |
1,813 | - | - | - | 983 | - | 182 | 382 | - | 165 | 213 | - | - | - | - | - | - | - | - | - | |
41 |
51 | - | - | - | - | - | - | - | - | - | 1,581 | 1,581 | - | - | 457 | 457 | 457 | 373 | 357 | - | |
54/58 |
42,042 | 87,126 | 58,720 | 72,732 | 80,968 | 82,454 | 104,302 | 93,817 | 96,677 | 138,242 | 146,270 | 175,694 | 190,955 | - | 905 | - | 2,711 | 1,300 | 6,109 | - | |
490/1 |
1,671 | 1,582 | 1,700 | - | - | - | 1,265 | 443 | - | - | - | - | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
413,603 | 441,256 | 445,418 | 481,630 | 512,980 | 529,054 | 529,225 | 542,654 | 523,631 | 584,092 | 615,827 | 639,242 | 667,887 | 215,256 | 219,128 | 220,733 | 225,954 | 227,806 | 235,946 | 233,014 | |
10/15 |
168,239 | 188,194 | 184,468 | 210,970 | 233,989 | 238,599 | 228,753 | 224,792 | 205,988 | 200,917 | 197,809 | 193,194 | 187,042 | 66,223 | 65,830 | 70,484 | 68,936 | 70,521 | 69,344 | 69,967 | |
10/11 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | |
10 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | |
13 |
118,004 | 122,882 | 133,100 | 138,287 | 143,474 | 148,661 | 153,848 | 148,718 | 138,893 | 128,914 | 133,549 | 150,797 | 152,331 | 8,484 | 8,484 | 38,099 | 13,099 | 13,099 | 8,182 | 8,182 | |
130/1 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | |
132 |
81,804 | 86,682 | 96,900 | 102,087 | 107,274 | 112,461 | 117,648 | 122,518 | 112,693 | 117,329 | 121,964 | 139,212 | 143,847 | - | - | - | - | - | - | - | |
133 |
30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 20,000 | 20,000 | 5,385 | 5,385 | 5,385 | 5,385 | 5,385 | 5,385 | 35,000 | 10,000 | 10,000 | 5,083 | 5,083 | |
14 |
-11,764 | 3,312 | -10,633 | 10,683 | 28,515 | 27,938 | 12,905 | 14,074 | 5,095 | 10,003 | 2,260 | -19,603 | -27,289 | -4,261 | -4,654 | 1,399 | 24,851 | 26,436 | 30,176 | 30,798 | |
16 |
27,268 | 28,894 | 32,300 | 34,029 | 35,758 | 37,487 | 39,216 | 41,262 | 58,028 | 60,415 | 64,216 | 75,081 | 77,941 | - | 3,901 | 2,045 | 4,491 | - | - | 2,258 | |
160/5 |
- | - | - | - | - | - | - | - | - | - | 1,414 | 3,398 | 3,871 | - | 3,901 | 2,045 | 4,491 | - | - | 2,258 | |
168 |
27,268 | 28,894 | 32,300 | 34,029 | 35,758 | 37,487 | 39,216 | 41,262 | 58,028 | 60,415 | 62,802 | 71,683 | 74,070 | - | - | - | - | - | - | - | |
17/49 |
218,096 | 224,167 | 228,650 | 236,632 | 243,233 | 252,968 | 261,257 | 276,600 | 259,615 | 322,759 | 353,802 | 370,967 | 402,904 | 149,033 | 149,398 | 148,204 | 152,527 | 157,284 | 166,603 | 160,790 | |
17 |
64,739 | 68,071 | 73,607 | 78,943 | 84,404 | 89,771 | 95,082 | 103,114 | 87,021 | 292,868 | 328,513 | 319,250 | 321,671 | 34,009 | 36,128 | - | 1,137 | 5,681 | 10,226 | 72,612 | |
170/4 |
4,739 | 8,021 | 13,557 | 78,893 | 84,354 | 89,771 | 95,082 | 103,114 | 87,021 | 292,868 | 328,513 | 319,250 | 321,671 | 34,009 | 36,128 | - | 1,137 | 5,681 | 10,226 | 72,612 | |
178/9 |
60,000 | 60,050 | 60,050 | 50 | 50 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
42/48 |
150,351 | 156,097 | 155,044 | 157,689 | 158,829 | 163,127 | 166,174 | 173,486 | 172,594 | 29,892 | 25,289 | 51,717 | 81,233 | 115,023 | 113,138 | 148,041 | 151,391 | 151,603 | 156,377 | 88,178 | |
42 |
3,248 | 5,733 | 5,599 | 5,493 | 5,388 | 5,285 | 8,019 | 8,135 | 5,711 | 5,474 | 5,334 | 2,336 | 2,250 | 2,168 | 2,144 | 1,137 | 4,545 | 4,545 | 4,545 | 16,113 | |
43 |
- | - | - | - | - | 148 | - | - | - | - | 1,263 | 2,849 | 1,340 | - | - | 4,149 | - | - | - | 514 | |
430/8 |
- | - | - | - | - | 148 | - | - | - | - | 1,263 | 2,849 | 1,340 | - | - | 4,149 | - | - | - | 514 | |
44 |
0 | 477 | 1,136 | 3,025 | 1,335 | 1,368 | 3,016 | 1,088 | 1,251 | 1,219 | 1,493 | 1,815 | 1,553 | 1,418 | - | - | 145 | - | - | - | |
440/4 |
0 | 477 | 1,136 | 3,025 | 1,335 | 1,368 | 3,016 | 1,088 | 1,251 | 1,219 | 1,493 | 1,815 | 1,553 | 1,418 | - | - | 145 | - | - | - | |
45 |
0 | 879 | 388 | 1,250 | 3,156 | 5,399 | 3,412 | 9,537 | 10,904 | 5,164 | 10,538 | 7,778 | 18,070 | - | - | - | - | 357 | 5,326 | 13,813 | |
450/3 |
0 | 879 | 388 | 1,250 | 3,156 | 5,399 | 3,412 | 9,537 | 10,904 | 5,164 | 10,538 | 7,778 | 18,070 | - | - | - | - | 357 | 5,326 | 13,813 | |
47/48 |
147,103 | 149,007 | 147,921 | 147,921 | 148,950 | 150,927 | 151,727 | 154,727 | 154,727 | 18,035 | 6,662 | 36,939 | 58,020 | 111,437 | 110,995 | 142,756 | 146,701 | 146,701 | 146,506 | 57,737 | |
492/3 |
3,006 | - | - | - | - | 70 | - | - | - | - | - | - | - | - | 132 | 162 | - | - | - | - | |
| Income statement | |||||||||||||||||||||
76A |
0 | 29,039 | 0 | 233 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9900 |
9,287 | 33,225 | 3,125 | 6,250 | 27,241 | 42,793 | 39,024 | 40,342 | 39,766 | 43,382 | 37,518 | 34,066 | 29,909 | 6,729 | 5,241 | 8,301 | 6,942 | 7,203 | 5,774 | 27,914 | |
630 |
24,132 | 24,163 | 24,516 | 24,753 | 25,050 | 24,015 | 25,984 | 26,948 | 22,304 | 22,079 | 23,213 | 17,411 | 15,834 | 2,510 | 2,510 | 2,510 | 3,347 | 3,347 | 3,534 | 3,598 | |
635/8 |
- | - | - | - | - | - | - | - | - | -1,414 | -1,984 | -474 | 621 | -3,901 | 1,855 | -2,446 | 4,491 | - | -2,258 | 2,258 | |
640/8 |
5,964 | 6,116 | 5,759 | 5,216 | 5,096 | 5,059 | 4,699 | 4,859 | 4,481 | 4,550 | 3,954 | 3,941 | 3,896 | 1,735 | 1,678 | 3,196 | 89 | 1,572 | 1,528 | 1,415 | |
66A |
- | - | 0 | 124 | 232 | 53 | 169 | 108 | - | 110 | - | 50 | - | 457 | - | - | 75 | - | 11 | 364 | |
9901 |
-20,809 | 2,946 | -27,149 | -23,843 | -3,137 | 13,666 | 8,172 | 8,427 | 12,982 | 18,057 | 12,335 | 13,187 | 9,558 | 6,385 | -802 | 5,041 | -985 | 2,284 | 2,970 | 20,643 | |
75/76B |
461 | 334 | 233 | - | - | - | - | - | 130 | 164 | 397 | 991 | 118,074 | - | - | - | - | 0 | 17 | - | |
75 |
461 | 334 | 233 | - | - | - | - | - | 130 | 164 | 397 | 991 | 118,074 | - | - | - | - | 0 | 17 | - | |
65/66B |
1,145 | 1,189 | 1,232 | 817 | 889 | 1,061 | 1,206 | 1,110 | 6,295 | 2,461 | 4,585 | 5,443 | 5,134 | 5,535 | 3,852 | 3,493 | 526 | 719 | 3,599 | 5,802 | |
65 |
1,145 | 1,189 | 1,232 | 817 | 889 | 1,061 | 1,206 | 1,110 | 6,295 | 2,461 | 4,585 | 5,443 | 5,134 | 5,535 | 3,852 | 3,493 | 526 | 719 | 3,599 | 5,802 | |
9903 |
-21,493 | 2,091 | -28,148 | -24,660 | -4,025 | 12,605 | 6,966 | 7,316 | 6,817 | 15,760 | 8,146 | 8,684 | 122,497 | 393 | -4,654 | 1,548 | -1,586 | 1,566 | -623 | 14,477 | |
780 |
1,626 | 3,406 | 1,729 | 1,729 | 1,729 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
67/77 |
88 | 105 | 83 | 88 | 2,314 | 4,488 | 3,051 | 5,280 | 4,132 | 5,039 | 12,413 | 3,419 | 7,681 | - | - | - | - | 388 | - | 5,326 | |
9904 |
-19,955 | 5,393 | -26,502 | -23,019 | -4,610 | 9,846 | 5,961 | 4,090 | 5,071 | 13,108 | 4,615 | 7,652 | 120,819 | 393 | -4,654 | 1,548 | -1,586 | 1,178 | -623 | 9,152 | |
789 |
4,879 | 10,218 | 5,187 | 5,187 | 5,187 | 5,187 | 4,870 | 4,889 | 4,635 | 4,635 | 17,248 | 4,635 | 11,658 | - | - | - | - | - | - | - | |
689 |
- | - | - | - | - | - | - | - | - | - | - | - | 155,505 | - | - | - | - | - | - | - | |
9905 |
-15,076 | 15,610 | -21,315 | -17,832 | 577 | 15,033 | 10,831 | 8,979 | 9,706 | 17,743 | 21,863 | 12,287 | -23,028 | 393 | -4,654 | 1,548 | -1,586 | 1,178 | -623 | 9,152 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-11,764 | 4,978 | -10,633 | 10,683 | 28,515 | 27,938 | 24,905 | 14,074 | 19,710 | 20,003 | 2,260 | -15,002 | -27,289 | -4,261 | -3,255 | 26,399 | 24,851 | 31,353 | 30,176 | 30,798 | |
14P |
3,312 | -10,633 | 10,683 | 28,515 | 27,938 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | 10,000 | - | 14,615 | - | - | 3,101 | - | - | 1,399 | 25,000 | - | 4,917 | - | - | |
691 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,399 | - | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | 3,101 | - | - | - | - | - | - | - | - | |
6921 |
- | - | - | - | - | - | 10,000 | - | 14,615 | - | - | - | - | - | - | 25,000 | - | 4,917 | - | - | |
694/7 |
0 | 1,666 | - | - | - | - | 2,000 | - | - | 10,000 | - | 1,500 | - | - | - | - | - | - | - | - | |
694 |
0 | 1,666 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
695 |
- | - | - | - | - | - | 2,000 | - | - | 10,000 | - | 1,500 | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 14 older financial years (1992-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 17 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 17-08-2026.
2025 annual accounts filed 17 days after the deadline. Filed on 17 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00407196.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 17-08-2026 | 2026-00407196 | |
| 31-12-2024 | micro format | 28-08-2025 | 2025-00465307 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00443447 | |
| 31-12-2022 | micro format | 18-08-2023 | 2023-00341969 | |
| 31-12-2021 | micro format | 25-08-2022 | 2022-20327997 | |
| 31-12-2020 | micro format | 27-08-2021 | 2021-55200139 | |
| 31-12-2019 | micro format | 09-10-2020 | 2020-61000218 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-60200037 | |
| 31-12-2017 | micro format | 21-08-2018 | 2018-49700503 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-59700426 | |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-58100069 | |
| 31-12-2014 | abbreviated format | 28-08-2015 | 2015-53200292 | |
| 31-12-2013 | abbreviated format | 29-08-2014 | 2014-54000586 | |
| 31-12-2012 | abbreviated format | 08-07-2013 | 2013-28800122 | |
| 31-12-2011 | abbreviated format | 17-07-2012 | 2012-31900189 | |
| 31-12-2010 | abbreviated format | 27-07-2011 | 2011-35600157 | |
| 31-12-2009 | abbreviated format | 23-08-2010 | 2010-44000012 | |
| 31-12-2008 | abbreviated format | 28-07-2009 | 2009-50900089 | |
| 31-12-2007 | abbreviated format | 28-08-2008 | 2008-69500269 | |
| 31-12-2006 | abbreviated format | 20-09-2007 | 2007-73000049 | |
| 31-12-2005 | abbreviated format | 19-05-2006 | 2006-15600581 | |
| 31-12-2004 | abbreviated format | 28-04-2005 | 2005-13402649 | |
| 31-12-2003 | abbreviated format | 30-06-2004 | 2004-37104193 | |
| 31-12-2002 | abbreviated format | 15-05-2003 | 2003-14603140 | |
| 31-12-2001 | abbreviated format | 05-07-2002 | 2002-34603380 | |
| 31-12-2000 | abbreviated format | 07-05-2001 | 2001-11701767 | |
| 31-12-1999 | abbreviated format | 26-06-2000 | 2000-28100210 | |
| 31-12-1998 | abbreviated format | 05-11-1999 | 1999-57503380 | |
| 31-12-1997 | abbreviated format | 28-08-1998 | 1998-43204442 | |
| 31-12-1996 | abbreviated format | 29-09-1997 | 1997-46100058 | |
| 31-12-1995 | abbreviated format | 01-10-1996 | 1996-46100886 | |
| 31-12-1994 | abbreviated format | 04-10-1995 | 1995-52501306 | |
| 31-12-1993 | abbreviated format | 04-10-1994 | 1994-42502802 | |
| 31-12-1992 | abbreviated format | 18-02-1994 | 1994-02602974 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3,323 | 27,109 | -2,633 | 911 | 21,913 | 37,681 | 34,156 | 35,375 | 35,286 | 40,136 | 35,547 | 30,598 | 25,392 | 8,895 | 1,708 | 7,551 | 2,362 | 5,631 | 6,504 | 24,241 | ||
| 4,178 | 29,555 | -1,986 | 1,734 | 20,440 | 33,861 | 31,945 | 31,038 | 27,375 | 35,187 | 27,828 | 25,063 | 136,654 | 2,903 | -2,144 | 4,058 | 1,761 | 4,525 | 2,912 | 12,750 | ||
| 39,611 | 7,672 | 616 | 9,055 | 9,479 | 47,138 | 1,449 | 48,005 | 3,574 | 0 | 29,008 | 2,446 | 515,575 | 0 | 0 | 0 | 0 | 0 | 0 | - | ||
| -45,084 | 28,406 | -14,012 | -8,236 | -1,486 | -21,847 | 10,484 | -2,859 | -41,565 | -8,028 | -29,424 | -15,261 | - | - | - | - | 1,411 | -4,810 | - | - | ||
| -104,774 | -67,388 | -94,624 | -84,957 | -76,878 | -80,673 | -60,425 | -78,844 | -75,917 | 108,516 | 122,775 | 125,558 | 109,722 | - | -111,776 | -147,585 | -148,223 | -149,930 | -149,910 | - | ||
| 40.7% | 42.6% | 41.4% | 43.8% | 45.6% | 45.1% | 43.2% | 41.4% | 39.3% | 34.4% | 32.1% | 30.2% | 28.0% | 30.8% | 30.0% | 31.9% | 30.5% | 31.0% | 29.4% | 30.0% | ||
| 0.30 | 0.57 | 0.39 | 0.46 | 0.52 | 0.51 | 0.64 | 0.55 | 0.56 | 4.63 | 5.85 | 3.43 | 2.35 | - | 0.01 | 0.00 | 0.02 | 0.01 | 0.04 | - | ||
| 1.30 | 1.19 | 1.24 | 1.12 | 1.04 | 1.06 | 1.14 | 1.23 | 1.26 | 1.61 | 1.79 | 1.92 | 2.15 | 2.25 | 2.27 | 2.10 | 2.21 | 2.23 | 2.40 | 2.30 | ||
| -11.9% | 2.9% | -14.4% | -10.9% | -2.0% | 4.1% | 2.6% | 1.8% | 2.5% | 6.5% | 2.3% | 4.0% | 64.6% | 0.6% | -7.1% | 2.2% | -2.3% | 1.7% | -0.9% | 13.1% | ||
| -4.8% | 1.2% | -5.9% | -4.8% | -0.9% | 1.9% | 1.1% | 0.8% | 1.0% | 2.2% | 0.7% | 1.2% | 18.1% | 0.2% | -2.1% | 0.7% | -0.7% | 0.5% | -0.3% | 3.9% | ||
| 2.90 | 22.80 | -2.14 | 1.11 | 24.66 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Mortgages, amount registered | €68,171 | €68,171 | €68,171 | €68,171 | €68,171 |
| Carrying value of the mortgaged assets | €39,174 | €39,083 | €14,119 | €16,629 | €19,139 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €37,654 | €2,497 | - | €183 | €9,479 |
| Financial fixed assets | €1,956 | €5,175 | €616 | €8,872 | - |
| €24,132 | €24,163 | €24,516 | €24,753 | €25,050 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €20,809, after a profit of €2,946 in 2024.
Debt's share of the balance-sheet total rises from 50.8% to 52.7%. Equity and debt are lower.
Source: list of holdings in its own 2021 accounts. The amounts are in that list and come from the holdings' accounts at 31-03-2011, in their own currency.
The network starts from the directors of AVAN. Every other company they run is a node.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| AVAN NV registered office Resedalaan 11, 8400 Ostend 6619903 Other activities auxiliary to financial services, excluding insurance and pension funding | 31-12-1991 | 2.055.554.516 |
| 01-03-2024 | Granted | Gevel-, dak-, instandhoudings- en renovatiewerken binnen een gebouw, zonder volume- of oppervlaktewijziging submitted 25-01-2024 · project 2024010325 | Oostende |
Source: Omgevingsloket Vlaanderen.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 35020B0274/00F000 | 345 m² | 1 · 88 m² | 10.5 m · 2 |
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