AVANGARD

Active

Private limited companyfounded 20233 yrs activeAndrée Geulenstraat 62, 1180 Ukkel, BelgiumKBO/BCE: BE 0805.018.638

Summary

AVANGARD has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €48,588 and a net result of €19,782. Its solvency ranks better than 22% of 34931 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisWatch Report Compare

AVANGARDActiveChecked score 86/100

Risk analysis Report Compare

Activity

Business and other management consultancy

NACE 70200Business consulting NACE 70220

1 site

Size

€263,075total assets 2025

Equity: €48,588
Profit: €19,782

Turnover not published (abridged schema)

Financial health

86 Excellent Checked score 2025

Bankruptcy chance 12 m: 0.3%

Structure

Accounts filed 31 d late0 of 1 deed read

Why 86- Latest accounts 31 days late; 2 of the last 3 late+ Sector Activities of head offices; management consultancy activities (NACE 70)+ Size: total assets €263,075+ Liquidity: current ratio 0.43, cash €34,231Show the evidence

Checked score

Score 2025

86 / 100

Excellent

Probability in this band: under 0.55%

Better than 44% of its sector peers (NACE 70, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Average

Solvency 43-39

equity 18.5% of total assets

Liquidity 44-35

short-term debt 45.0% · cash 13.0%

Profitability 78-22

return on assets 7.5%

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (47,477 companies)

Last 16 months 07-2025: 0.6% 08-2025: 0.6%▲ +5.4% vs 07-2025 09-2025: 0.6%▲ +1.5% vs 08-2025highest value 10-2025: < 0.1%▼ -92.7% vs 09-2025 11-2025: < 0.1%● 0.0% vs 10-2025 12-2025: < 0.1%● 0.0% vs 11-2025 01-2026: < 0.1%▼ -6.5% vs 12-2025lowest value 02-2026: < 0.1%● 0.0% vs 01-2026lowest value 03-2026: < 0.1%▲ +2.3% vs 02-2026 04-2026: < 0.1%● 0.0% vs 03-2026 05-2026: < 0.1%▲ +2.3% vs 04-2026 06-2026: < 0.1%● 0.0% vs 05-2026 07-2026: < 0.1%▲ +4.4% vs 06-2026 08-2026: 0.1%▲ +106% vs 07-2026 09-2026: 0.3%▲ +168% vs 08-2026 10-2026: 0.3%● 0.0% vs 09-2026

Sector Activities of head offices; management consultancy activities (NACE 70) lowers the probability
Size: total assets €263,075 lowers the probability for this profile
Latest accounts 31 days late; 2 of the last 3 late raises the probability
Liquidity: current ratio 0.43, cash €34,231 lowers the probability

Credit up to €4,000 at 30 days acceptable

Liquidity short (current ratio 0.43 against 2.28 in 2024; short-term debt: 45% and cash: 13% of total assets), and 81.5% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 70, micro). Better than this share of them on solvency 22%, liquidity 24%, profitability 44%, growth against the median 85%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Sector Activities of head offices; management consultancy activities (NACE 70)

In the bankruptcy model this factor lowers the probability.

KBO

Size: total assets €263,075

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Latest accounts 31 days late; 2 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Liquidity: current ratio 0.43, cash €34,231

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 34931 sector peers (2025).

NBB · sector comparison

Position among 34931 sector peers

Solvency

better than 22%

← weakest strongest →

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 · 2 filings

Deviation from the deadline

2025

31 d late

2024

31 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 31 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)

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 months

Position in the running window

02-10-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage