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Avanco Adventure

Active
Non-profit associationfounded 2010active for 16 yearsBrumierstraat(Aal) 6, 8511 Kortrijk, BelgiumKBO/BCE: BE 0824.153.768
Summary

Avanco Adventure has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €501,376 and a net result of -€61,194. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 90% of 513 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
Avanco AdventureActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Activity
Other amusement and recreation activities
NACE 93299
1 site
Size
≈ €350,000turnover 2025, estimated
Staff
3.1 FTE
Equity
€501,376
Deficit
-€61,194
Turnover estimated from the gross margin
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts filed 65 days late1 of 2 deeds summarised
Why 95raises riskLast filed accounts filed 65 days late; 3 of the last 3 lateLoss of €61,194 (financial year 2025)lowers riskLegal form: non-profit associationLiquidity: current ratio 9.61, cash €532,842Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 59% of its sector peers (NACE 93, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 83.3% of total assets
Liquidity 100+45
short-term debt 9.7% · cash 88.6%
Profitability 6-84
return on assets -10.2%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (4,265 companies, NACE 93, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity ample (current ratio 9.61, compared with 10.31 in 2024, above the usual 1.5; short-term debt: 9.7% and cash: 88.6% of total assets), and 16.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (NACE 93, micro): better than 92% on solvency, 98% on liquidity, 17% on profitability and 30% on growth.

The bankruptcy probability was computed on 30-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
lowers risk · Legal form: non-profit association
KBO
raises risk · Last filed accounts filed 65 days late; 3 of the last 3 late
NBB · filings
lowers risk · Liquidity: current ratio 9.61, cash €532,842
NBB · annual accounts
raises risk · Loss of €61,194 (financial year 2025)
NBB · annual accounts
raises risk · 2025 accounts filed 65 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-10-2026, 65 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
65 days late
2024
42 days late
2023
36 days late
2022
67 days late
2021
5 days early
2020
65 days late
2019
194 days 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 66 days after the deadline; the sector median (NACE 93) for financial year 2024 is 1 day before the deadline, and 42% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 September (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Amendment of the articles · Resignations…Member of the association ·…

Key points

  • Caution: From profit to loss in 2025after €115,518 in 2024 -€61,194 View
  • Positive: Among the best 10% on solvencysector median 35.4% · 513 companies 83.3% View
  • Caution: Latest accounts filed lateafter the legal deadline 65 days View

By topic

Financials

Financial year
2025
Total assets
€601,737
Loss
-€61,194
Solvency
83.3%
Total assets▼ 9.7%
Net result
20182025
Go to Financials

Timeline

Events
22
Since
2011
Next accounts
by 31-07-2027
  1. 31-12-2024Equity above €500,000
  2. 05-09-2024Annual accounts filed
  3. 06-10-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Other amusement and recreation activitiesNACE 93299
Founded
09-03-2010
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Avanco Adventure

What is the company number of Avanco Adventure?
0824.153.768. In Belgium the VAT number is the company number with BE in front: BE 0824.153.768.
Where is Avanco Adventure based?
The registered office is at Brumierstraat(Aal) 6, 8511 Kortrijk.Company details
What does Avanco Adventure do?
According to the KBO register, the main activity is other amusement and recreation activities (NACE 93299).
What is the legal form of Avanco Adventure?
Non-profit association (VZW).
When was Avanco Adventure founded?
On 09-03-2010.
Is Avanco Adventure still active?
Yes, Avanco Adventure is an active enterprise in the KBO register.
How many employees does Avanco Adventure have?
On average 3.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Avanco Adventure?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Avanco Adventure profitable?
In financial year 2025, Avanco Adventure made a loss of €61,194.
Where can I find the annual accounts of Avanco Adventure?
Avanco Adventure filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Avanco Adventure due?
By 31-07-2027, for financial year 2026.Timeline

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