AVANT
ActiveSummary
AVANT has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €205,677 and a net result of -€6,552. Equity is shrinking by ~4% per year across the filed fiscal years. Its solvency ranks better than 42% of 1913 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability27▲+14
Solvency63▲+1
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 1.69 against 1.72 in 2024; short-term debt: 59.1% and cash: 0.9% of total assets), but 62.3% of the assets are financed with debt.
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Signals
Four 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 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← 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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€6,552
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
5 d late
2023
on the day
2022
31 d late
2021
9 d late
2020
28 d late
2019
10 d early
← 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 9 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€205,677▼ 3.1%
2024 · €212,229
Total assets
€545,669▼ 4.2%
2024 · €569,579
Net result
-€6,552▲ 74.4%
2024 · -€25,582
Working capital
€221,568▼ 5.8%
2024 · €235,255
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€27,911▼ 47.8%€29,993▲ 7.5%-€32,398-€10,933▲ 66.3%€3,889
Net result-€5,177below the sector's middle half€8,261below the sector's middle half-€54,183below the sector's middle half-€25,582below the sector's middle half▲ 52.8%-€6,552below the sector's middle half▲ 74.4%
Equity€283,733within the sector's middle half▼ 1.8%€291,994within the sector's middle half▲ 2.9%€237,811within the sector's middle half▼ 18.6%€212,229above the sector's middle half▼ 10.8%€205,677above the sector's middle half▼ 3.1%
Total assets€953,154within the sector's middle half▲ 3.2%€863,691within the sector's middle half▼ 9.4%€636,601below the sector's middle half▼ 26.3%€569,579above the sector's middle half▼ 10.5%€545,669above the sector's middle half▼ 4.2%
Debt€669,421▲ 5.5%€571,697▼ 14.6%€398,791▼ 30.2%€357,350▼ 10.4%€339,992▼ 4.9%
Working capital€354,252▲ 16.1%€341,284▼ 3.7%€289,314▼ 15.2%€235,255▼ 18.7%€221,568▼ 5.8%
Solvency29.8%within the sector's middle half▼ 1.5pp33.8%within the sector's middle half▲ 4.0pp37.4%within the sector's middle half▲ 3.5pp37.3%within the sector's middle half▼ 0.1pp37.7%within the sector's middle half▲ 0.4pp
Staff (FTE)1.6below the sector's middle half=1.4below the sector's middle half▼ 12.5%0.3below the sector's middle half▼ 78.6%
above
within
below
the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €3,889 after a loss of €10,933 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €545,669
Fixed assets
€1,342 ▼ 85.7%
Current assets
€544,327 ▼ 2.8%
Equity and liabilities €545,669
Equity
€205,677 ▼ 3.1%
Debt
€339,992 ▼ 4.9%
Debt's share of the balance-sheet total falls from 62.7% to 62.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€11,943▲
2024 · -€2,880
Cash flow
€1,502▲
2024 · -€17,528
Current ratio
1.69▼
2024 · 1.72
Quick ratio
0.68▼
2024 · 0.71
Debt to equity
1.65▼
2024 · 1.68
ROE
-3.2%▲
2024 · -12.1%
ROA
-1.2%▲
2024 · -4.5%
Interest coverage
1.14▲
2024 · -0.20
Debt ≤ 1 year
€322,759▼
2024 · €324,929
Debt > 1 year
€17,233▼
2024 · €32,421
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,688 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a small loss
0.5%
went bankrupt
5.4%
stopped otherwise
94%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,688 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €7,500 | €10,000 | ▲ 33.3% |
| Remuneration, social security and pensions62 | €56,814 | €74,062 | €14,488 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,305 | €10,688 | €10,361 | €8,053 | €8,053 | = |
| Other operating charges640/8 | €5,369 | €2,180 | €4,422 | €2,493 | €1,170 | ▼ 53.1% |
| Gross operating margin9900 | €99,399 | €116,923 | -€3,127 | -€386 | €13,112 | ▲ 3,496% |
| Operating profit (loss)9901 | €27,911 | €29,993 | -€32,398 | -€10,933 | €3,889 | ▲ 136% |
| Financial income75/76B | €4,700 | €346 | €143 | €0 | €0 | ▼ 100% |
| Recurring financial income75 | €4,700 | €346 | €143 | €0 | €0 | ▼ 100% |
| Financial charges65/66B | €37,878 | €22,078 | €21,928 | €14,649 | €10,441 | ▼ 28.7% |
| Recurring financial charges65 | €37,878 | €22,078 | €21,928 | €14,649 | €10,441 | ▼ 28.7% |
| Profit (loss) for the period before taxes9903 | -€5,266 | €8,261 | -€54,183 | -€25,582 | -€6,552 | ▲ 74.4% |
| Income taxes67/77 | -€90 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€5,177 | €8,261 | -€54,183 | -€25,582 | -€6,552 | ▲ 74.4% |
| Profit (loss) for the period to be appropriated9905 | -€5,177 | €8,261 | -€54,183 | -€25,582 | -€6,552 | ▲ 74.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €953,154 | €863,691 | €636,601 | €569,579 | €545,669 | ▼ 4.2% |
| Fixed assets21/28 | €38,497 | €27,809 | €17,449 | €9,395 | €1,342 | ▼ 85.7% |
| Tangible fixed assets22/27 | €38,497 | €27,809 | €17,449 | €9,395 | €1,342 | ▼ 85.7% |
| Plant, machinery and equipment23 | €322 | - | - | - | - | - |
| Furniture and vehicles24 | €38,175 | €27,809 | €17,449 | €9,395 | €1,342 | ▼ 85.7% |
| Current assets29/58 | €914,657 | €835,882 | €619,153 | €560,184 | €544,327 | ▼ 2.8% |
| Stocks and contracts in progress3 | €625,000 | €336,418 | €333,215 | €329,416 | €324,689 | ▼ 1.4% |
| Stocks30/36 | €625,000 | €336,418 | €333,215 | €329,416 | €324,689 | ▼ 1.4% |
| Amounts receivable within one year40/41 | €272,564 | €365,135 | €243,762 | €223,596 | €214,555 | ▼ 4.0% |
| Trade receivables40 | €219,990 | €312,561 | €191,188 | €169,985 | €149,388 | ▼ 12.1% |
| Other amounts receivable41 | €52,574 | €52,574 | €52,574 | €53,610 | €65,167 | ▲ 21.6% |
| Current investments50/53 | €17,093 | - | - | - | - | - |
| Cash at bank and in hand54/58 | - | €134,329 | €42,176 | €7,172 | €5,083 | ▼ 29.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €953,154 | €863,691 | €636,601 | €569,579 | €545,669 | ▼ 4.2% |
| Equity10/15 | €283,733 | €291,994 | €237,811 | €212,229 | €205,677 | ▼ 3.1% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €36,519 | €36,519 | €36,519 | €36,519 | €36,519 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €34,659 | €34,659 | €34,659 | €34,659 | €34,659 | = |
| Profit (loss) carried forward14 | €228,614 | €236,875 | €182,692 | €157,110 | €150,558 | ▼ 4.2% |
| Amounts payable17/49 | €669,421 | €571,697 | €398,791 | €357,350 | €339,992 | ▼ 4.9% |
| Amounts payable after more than one year17 | €109,016 | €77,100 | €52,798 | €32,421 | €17,233 | ▼ 46.8% |
| Financial debts170/4 | €109,016 | €77,100 | €52,798 | €32,421 | €17,233 | ▼ 46.8% |
| Amounts payable within one year42/48 | €560,405 | €494,597 | €329,839 | €324,929 | €322,759 | ▼ 0.7% |
| Current portion of amounts payable after more than one year42 | €40,069 | €33,263 | €23,785 | €20,421 | €16,109 | ▼ 21.1% |
| Financial debts43 | €249,400 | €249,400 | €124,400 | €124,400 | €124,400 | = |
| Credit institutions430/8 | €249,400 | €249,400 | €124,400 | €124,400 | €124,400 | = |
| Trade debts44 | €183,700 | €135,694 | €120,870 | €105,504 | €86,016 | ▼ 18.5% |
| Suppliers440/4 | €183,700 | €135,694 | €120,870 | €105,504 | €86,016 | ▼ 18.5% |
| Taxes, remuneration and social security45 | €44,148 | €22,208 | €4,218 | €2,615 | €0 | ▼ 100% |
| Taxes450/3 | €32,875 | €9,187 | €4,218 | €400 | €0 | ▼ 100% |
| Remuneration and social security454/9 | €11,273 | €13,021 | - | €2,215 | €0 | ▼ 100% |
| Other amounts payable47/48 | €43,087 | €54,032 | €56,567 | €71,989 | €96,235 | ▲ 33.7% |
| Accrued charges and deferred income492/3 | - | - | €16,154 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,177 | €8,261 | -€54,183 | -€25,582 | -€6,552 | ▲ 74.4% |
| + Depreciation and write-downs630 | €9,305 | €10,688 | €10,361 | €8,053 | €8,053 | = |
| Operating cash flow (approximation) | €4,129 | €18,949 | -€43,823 | -€17,528 | €1,502 | ▲ 109% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | - | -€92,153 | -€35,004 | -€2,090 | ▲ 94.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
05-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Weakest financial yearnet -€54,183
Net result drops to -€54,183, the lowest in the series; recovery starts the following year.
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
30-09
Financial
Back to profitnet €8,261
Net result €8,261 after one loss-making year.
09-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 9 days late
2021
28-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 28 days late
2020
30-09
Financial
Back to profitnet €30,861
Net result €30,861 after 2 loss-making years.
20-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
06-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Bornem · 1 establishment unit since 2014
Ground area
4,169 m²
Building footprint
1,667 m²
Volume, LiDAR
8,859 m³
2 parcels, Flanders · tallest building 12.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AVANT
since 20142.228.458.796
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12007C0246/00F002 | Flanders | 2,175 m² | 1 · 1,033 m² | 7.7 m · 2 fl. |
| 12362G0511/00R003 | Flanders | 1,994 m² | 1 · 634 m² | 12.5 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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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Of 18 companies in sector 25920 we hold annual accounts for 11. 2 are within a factor 10 of this equity. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded10-10-2006
Fiscal year end30-09
Activities, NACEBEL 2025
25920Manufacture of fabricated metal products, except machinery and equipment
46841Wholesale trade
47521Retail sale of hardware, building materials, paint and glass (general range)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0884356819
Also
9925:BE0884356819
Registered
23-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.