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AVANGARDE

Active
Private limited companyfounded 2014active for 12 yearsLuitenant Lippenslaan 44, 2140 Antwerpen, BelgiumKBO/BCE: BE 0561.835.480
Summary

AVANGARDE has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €240,301 and a net result of €13,820. Equity has been growing by about 16% per year since 2019. Its solvency ranks better than 56% of 9,895 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Official details

Source: KBO
Status
Active since 10-09-2014 Normal situation
Activity
Joinery installation NACE 43320and 3 others
Establishment unit
2.234.348.775 2140 Antwerpen, since 10-09-2014
Financial year end
31 March
Peppol
Reachable since 16-12-2025

Board and ownership

Board

Financial position

65 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Annual accounts to 31-03-2025
Gross margin
€56,321
▼ 27.5%
Turnover
≈ €240,000
estimated
Profit
€13,820
▼ 23.4%
Equity
€240,301
▲ 6.1%
Total assets
€490,830
▲ 4.0%
Staff
0.5 FTE
▼ 28.6%
  • 2026 accounts not filed, 2 days past the deadline
Score breakdownraises riskFigures for financial year 2025 (filed on 28-11-2025)Liquidity: current ratio 4.16Sector: Specialised construction activities (NACE 43)1 financial year not filed after the legal deadline; last filed accounts filed 28 days lateShow the evidence

Checked score

Score 2025
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 54% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 74+1
equity 49.0% of total assets
Liquidity 95+1
short-term debt 14.2%
Profitability 45-13
return on assets 2.8%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 0.9% 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.8%▼ -0.1 percentage points vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.8%● unchanged vs 06-2025 08-2025: 0.7%▼ -0.1 percentage points vs 07-2025 09-2025: 0.8%▲ +0.1 percentage points vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 1.3%▲ +0.5 percentage points vs 10-2025highest value 12-2025: 0.7%▼ -0.6 percentage points vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.6%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026 08-2026: 0.6%▼ -0.1 percentage points vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 1.1%▲ +0.5 percentage points vs 09-2026 11-2026: 1.2%▲ +0.1 percentage points vs 10-2026
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.16 (3.82 in 2024), above the usual 1.5. Short-term debt is 14.2% of total assets. However, 51% of the assets are financed with debt and provisions.
Calculation

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 (NACE 43, micro). It does better than 53% of them on solvency, 92% on liquidity, 22% on profitability and 49% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises risk
raises risk · Figures for financial year 2025 (filed on 28-11-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 4.16
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 28 days late
NBB · filings
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-11-2025, 28 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
2026
not filed
2025
28 days late
2024
20 days late
2023
6 days late
2022
4 days late
2021
24 days late
2020
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 18 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 7 profitable years in a rowprofit 2025: €13,820 7 years View

Recent changes

  1. · Gazette deed Resignation: Vidu Feodor (director)
  2. · Gazette deed Change of role: IONESCU Valentin, from manager to directorResignation: VIDU Feodor (manager)
  3. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as AVANGARDE: joinery installation (NACE 43320). They are comparable in size and age: total assets between €397,000 and €654,000, founded between 2010 and 2014.

CompanyTotal assetsGross margin
AVANGARDE Antwerpen€490,830€56,321
B.C.ALU Retie€520,874€62,073
GEMA CONCEPT Antwerpen€428,144€83,269
Terco+ Balen€528,225€123,098
LIGNUM INTERIOR Brakel€654,333€73,010
SEB MENUISERIE Mouscron€396,714€61,956
CUISINES LECLERCQ Ath€552,163€74,513
Full comparison

Key facts about AVANGARDE

What is the company number of AVANGARDE?
The company number of AVANGARDE is 0561.835.480. The VAT number is the same number with BE in front: BE 0561.835.480.
Where is AVANGARDE based?
The registered office is at Luitenant Lippenslaan 44, 2140 Antwerpen.Company details
What does AVANGARDE do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of AVANGARDE?
The legal form of AVANGARDE is Private limited company (BV).
When was AVANGARDE founded?
AVANGARDE was founded on 10-09-2014.
Is AVANGARDE still active?
Yes, AVANGARDE is an active enterprise in the KBO register.
How many employees does AVANGARDE have?
AVANGARDE had an average of 0.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of AVANGARDE?
The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €56,321 and 48 comparable companies (NACE 43320). It probably lies between €160,000 and €360,000.
Is AVANGARDE profitable?
In financial year 2025, AVANGARDE made a profit of €13,820.
Where can I find the annual accounts of AVANGARDE?
AVANGARDE filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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