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AVANTGARDE AUTO

Active
Private limited companyfounded 201511 years activeRomeinsesteenweg 719, 1020 Brussel, BelgiumKBO/BCE: BE 0627.640.577
Summary

AVANTGARDE AUTO has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €30,776 and a net result of €8,810. Equity is growing by ~50.1% per year across the filed fiscal years. Its solvency ranks better than 94% of 26,062 sector peers (NACE 47, fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Retail sale of cars and light vans (up to 3.5 tonnes)
NACE 47811
1 site
Size
€47,397turnover 2024
Equity
€30,776
Profit
€8,810
Financial health
59 Fair Checked score 2024
Bankruptcy probability, 12 months
0.8%
Structure
Accounts 68 days overdue0 of 3 deeds read
Why 59Capped at 59: a confirmed filing finding- Figures for FY 2024 (filed 19-11-2025)- 1 financial year not filed after the legal deadline; latest accounts 104 days late; 1 of the last 3 late+ Liquidity: current ratio 10.73, cash €22,105+ Equity €30,776 (90.7% of total assets)Show the evidence

Checked score

Score 2024
59 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 95% of its sector peers (NACE 47, micro)
A confirmed filing finding caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2022
Strong
Solvency 100+20
equity 90.7% of total assets
Liquidity 100+22
short-term debt 9.3% · cash 65.1%
Profitability 100=
return on assets 26.0%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,155 companies)
Last 24 months 11-2024: 1.2% 12-2024: 1.7%▲ +0.5 percentage points vs 11-2024 01-2025: 2.6%▲ +0.9 percentage points vs 12-2024 02-2025: 2.6%● unchanged vs 01-2025 03-2025: 2.7%▲ +0.1 percentage points vs 02-2025 04-2025: 2.5%▼ -0.2 percentage points vs 03-2025 05-2025: 2.4%▼ -0.1 percentage points vs 04-2025 06-2025: 2.4%● unchanged vs 05-2025 07-2025: 2.4%● unchanged vs 06-2025 08-2025: 3.3%▲ +0.9 percentage points vs 07-2025 09-2025: 4.2%▲ +0.9 percentage points vs 08-2025highest value 10-2025: 4.2%● unchanged vs 09-2025highest value 11-2025: 4.1%▼ -0.1 percentage points vs 10-2025 12-2025: 0.4%▼ -3.7 percentage points vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.3%▼ -0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026lowest value 08-2026: 0.4%▲ +0.1 percentage points vs 07-2026 09-2026: 0.5%▲ +0.1 percentage points vs 08-2026 10-2026: 0.8%▲ +0.3 percentage points vs 09-2026
Credit up to €1,500 at 30 days only on tighter terms
Liquidity ample (current ratio 10.73 against 2.24 in 2022; short-term debt: 9.3% and cash: 65.1% of total assets), and 9.3% of the assets are financed with debt.
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 47, micro): better than 92% on solvency, 99% on liquidity and 96% on profitability.

The bankruptcy probability was computed on 06-10-2026 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 risk+raises risk
lowers risk · Liquidity: current ratio 10.73, cash €22,105
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 19-11-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 104 days late; 1 of the last 3 late
NBB · filings
lowers risk · Equity €30,776 (90.7% of total assets)
NBB · annual accounts
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-11-2025, 104 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 9 filings
Deviation from the deadline
2025
not confirmed
2024
104 days late
2022
3 days early
2021
2 days early
2020
26 days late
2019
88 days late
2018
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 41 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Liquidity times 5current ratio 10.73
  3. Annual accounts filedfiscal year 2022 · micro…

Key points

  • Positive: Among the best 6% on solvencysector median 32.3% · 26,062 companies 90.7% View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • Turnover 2024first fiscal year filed €47,397 View

By topic

Financials

Fiscal year
2024
Turnover
€47,397
Profit
€8,810
Solvency
90.7%
Go to Financials

Timeline

Events
13
Since
2016
  1. 31-12-2022Back to profit
  2. 31-12-2022Liquidity triples
  3. 29-07-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of cars and light vans (up…NACE 47811
Founded
27-03-2015
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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