AVANE
ActiveSummary
AVANE has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40k and a net result of €136k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 18% of 7777 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+18
Solvency42▲+13
Growth58=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.81 against 1.0 in 2024; short-term debt: 74.3% and cash: 10.7% of total assets), and 82.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 43
Relative position
BE, all sectors
reference
Sector 43
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
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
17.1%
Return on assets
58.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 7777 sector peers (2025).
NBB · sector comparisonPosition among 7777 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
38 d early
2023
65 d late
2022
101 d late
2021
59 d late
2020
87 d late
2019
98 d late
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€136k▲ 146%
2024 · €55k
2018: €7k
2019: €-3k
2020: €-2k
2021: €2k
2022: €25k
2023: €5k
2024: €55k
2018 → 2025
Working capital
€-33k▼ 2,658%
2024 · €-1k
2018: €49k
2019: €67k
2020: €80k
2021: €62k
2022: €179k
2023: €147k
2024: €-1k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€102k-€127k▲ 25.0%€133k▲ 4.1%€21k▼ 84.1%€40k▲ 88.4%
Operating result€10k-€43k▲ 331%€12k▼ 73.0%€83k▲ 621%€151k▲ 81.0%
Net result€2k-€25k▲ 1,225%€5k▼ 79.3%€55k▲ 952%€136k▲ 146%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 81% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €233k
Fixed assets
€93k ▲ 5.3%
Current assets
€140k ▼ 67.7%
Equity and liabilities €233k
Equity
€40k ▲ 88.4%
Debt
€193k ▼ 61.5%
Debt's share of the balance-sheet total falls from 96.0% to 82.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€181k▲
2024 · €102k
Cash flow
€167k▲
2024 · €74k
Current ratio
0.81▼
2024 · 1.00
Debt to equity
4.86▼
2024 · 23.74
ROE
343.1%▲
2024 · 263.1%
ROA
58.6%▲
2024 · 10.6%
Interest coverage
72.07▼
2024 · 84.41
Debt ≤ 1 year
€173k▼
2024 · €435k
Debt > 1 year
€0▼
2024 · €720
Income taxes
€12k▼
2024 · €27k
Staff costs
€0▼
2024 · €119
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€522k€233k▼
Fixed assets21/28€88k€93k▲
Tangible fixed assets22/27€88k€93k▲
Plant, machinery and equipment23€3k€3k▲
Furniture and vehicles24€85k€89k▲
Current assets29/58€434k€140k▼
Amounts receivable within one year40/41€314k€112k▼
Trade receivables40€195k€28k▼
Other amounts receivable41€120k€84k▼
Cash at bank and in hand54/58€114k€25k▼
Deferred charges and accrued income490/1€5k€3k▼
Equity and liabilities
Total equity and liabilities10/49€522k€233k▼
Equity10/15€21k€40k▲
Contributions10/11€6k€19k▲
Reserves13€15k€15k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€13k€13k=
Profit (loss) carried forward14€0€6k▲
Amounts payable17/49€501k€193k▼
Amounts payable after more than one year17€720€0▼
Financial debts170/4€720€0▼
Amounts payable within one year42/48€435k€173k▼
Current portion of amounts payable after more than one year42€12k€11k▼
Trade debts44€193k€3k▼
Suppliers440/4€193k€3k▼
Taxes, remuneration and social security45€96k€59k▼
Taxes450/3€96k€59k▼
Other amounts payable47/48€133k€100k▼
Accrued charges and deferred income492/3€65k€20k▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€119€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€30k▲
Other operating charges640/8€13k€15k▲
Non-recurring operating charges66A€0€4k▲
Gross operating margin9900€115k€200k▲
Operating profit (loss)9901€83k€151k▲
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€82k€149k▲
Income taxes67/77€27k€12k▼
Profit (loss) for the period9904€55k€136k▲
Profit (loss) for the period to be appropriated9905€55k€136k▲
Appropriation of the result
Profit (loss) to be appropriated9906€156k€136k▼
Profit (loss) brought forward from the previous period14P€101k-
Profit to be distributed694/7€156k€130k▼
Return on contributions (dividend)694€156k€130k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €136k ▲146%
Operating result €151k, net result €136k, both a record.
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
2023
31-12
Financial
Liquidity times 5current ratio 8.96
Current ratio from 1.67 to 8.96; short-term debt falls from €266k to €19k.
09-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 101 days late
2022
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 59 days late
2021
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 98 days late
2019
31-12
Financial
Weakest financial yearnet €-3k ▼144%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 53 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Brussel · 1 establishment unit since 2010
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.
Moorsledestraat 901020 BrusselGround area
282 m²
Building footprint
173 m²
Volume, LiDAR
1,965 m³
2 parcels, Brussels · tallest building 17.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
AVANE
since 20102.193.958.371
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21815D0100/00C005 | Brussels | 208 m² | 1 · 98 m² | 15.0 m · 4 fl. |
| 21815D0119/00D002 | Brussels | 74 m² | 1 · 75 m² | 17.3 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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KNK CONSTRUCT
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Ambrosio Construct
BE 0748.958.972
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,941 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-11-2010
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.