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AVANTHY

Active
Private limited company (pre-2019)founded 201610 yrs activeRomeinse Put 25, 2650 Edegem, BelgiumKBO/BCE: BE 0649.880.204
Summary

AVANTHY has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €312,759 and a net result of €66,783. Equity is shrinking by ~5.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability78▲+41
Solvency58▼-9
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22,000 at 30 days acceptable
Liquidity ample (current ratio 1.97 against 94.69 in 2024; short-term debt: 31.8% and cash: 62.6% of total assets), but 66.8% 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 · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
33.2%
Return on assets
7.1%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €312,759
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 · 9 filings
Deviation from the deadline
2025
31 d late
2024
54 d late
2023
on the day
2022
1 d early
2021
61 d late
2020
on the day
2019
68 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 30 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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. Usually files around 31 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

AVANTHY was incorporated on 14 March 2016.1 Total assets rose from EUR 675,604 in 2018 to EUR 943,047 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€312,759▲ 27.2%
2024 · €245,976
Total assets
€943,047▲ 61.8%
2024 · €582,992
Net result
€66,783
2024 · -€18,940
Working capital
€291,511▲ 215%
2024 · €92,475
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€2,209-€618€5,350-€3,067€82,522
Net result-€14,326▲ 13.3%-€17,160▼ 19.8%-€10,988▲ 36.0%-€18,940▼ 72.4%€66,783
Equity€293,064▼ 4.7%€275,904▼ 5.9%€264,915▼ 4.0%€245,976▼ 7.1%€312,759▲ 27.2%
Total assets€629,384▼ 1.8%€607,784▼ 3.4%€601,071▼ 1.1%€582,992▼ 3.0%€943,047▲ 61.8%
Debt€336,320▲ 0.9%€331,880▼ 1.3%€336,156▲ 1.3%€337,016▲ 0.3%€630,289▲ 87.0%
Working capital€89,730▲ 41.4%€109,650▲ 22.2%€79,589▼ 27.4%€92,475▲ 16.2%€291,511▲ 215%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000Operating result 2021: €2,209€2,209Net result 2021: -€14,326-€14,326Operating result 2022: -€618-€618Net result 2022: -€17,160-€17,160Operating result 2023: €5,350€5,350Net result 2023: -€10,988-€10,988Operating result 2024: -€3,067-€3,067Net result 2024: -€18,940-€18,940Operating result 2025: €82,522€82,522Net result 2025: €66,783€66,78320212022202320242025-€50,000€0€50,000€100,000Operating result 2023: €5,350€5,350Net result 2023: -€10,988-€11,000Operating result 2024: -€3,067-€3,070Net result 2024: -€18,940-€18,900Operating result 2025: €82,522€82,500Net result 2025: €66,783€66,800202320242025
The operating result returns to profit in 2025: €82,522 after a loss of €3,067 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €943,047
Fixed assets €351,254 ▼ 28.2%
Current assets €591,793 ▲ 533%
Equity and liabilities €943,047
Equity €312,759 ▲ 27.2%
Debt €630,289 ▲ 87.0%
Debt's share of the balance-sheet total rises from 57.8% to 66.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€134,352▲
2024 · €44,187
Cash flow
€118,612▲
2024 · €28,315
Current ratio
1.97▼
2024 · 94.69
Debt to equity
2.02▲
2024 · 1.37
ROE
21.4%▲
2024 · -7.7%
ROA
7.1%▲
2024 · -3.2%
Interest coverage
8.02▲
2024 · 2.67
Debt ≤ 1 year
€300,282▲
2024 · €987
Debt > 1 year
€330,000=
2024 · €330,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,810 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
3.1% stopped otherwise
97% still going

For this company itself Checked computes a higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 17,810 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€582,992€943,047▲
Fixed assets21/28€489,530€351,254▼
Tangible fixed assets22/27€489,530€351,254▼
Land and buildings22€390,055€0▼
Furniture and vehicles24€1,575€1,025▼
Other tangible fixed assets26€97,901€350,229▲
Current assets29/58€93,462€591,793▲
Amounts receivable within one year40/41€36,376€644▼
Trade receivables40€36,054€0▼
Other amounts receivable41€323€644▲
Cash at bank and in hand54/58€57,086€590,430▲
Deferred charges and accrued income490/1-€719
Equity and liabilities
Total equity and liabilities10/49€582,992€943,047▲
Equity10/15€245,976€312,759▲
Contributions10/11€400,000€400,000=
Profit (loss) carried forward14-€154,024-€87,241▲
Amounts payable17/49€337,016€630,289▲
Amounts payable after more than one year17€330,000€330,000=
Financial debts170/4€330,000€330,000=
Amounts payable within one year42/48€987€300,282▲
Trade debts44€987€282▼
Suppliers440/4€987€282▼
Other amounts payable47/48-€300,000
Accrued charges and deferred income492/3€6,029€7▼
Income statement Code20242025
Non-recurring operating income76A-€135,576
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47,254€51,830▲
Other operating charges640/8€5,065€4,050▼
Gross operating margin9900€49,252€138,402▲
Operating profit (loss)9901-€3,067€82,522▲
Financial income75/76B€674€1,011▲
Recurring financial income75€674€1,011▲
Financial charges65/66B€16,546€16,750▲
Recurring financial charges65€16,546€16,750▲
Profit (loss) for the period before taxes9903-€18,940€66,783▲
Profit (loss) for the period9904-€18,940€66,783▲
Profit (loss) for the period to be appropriated9905-€18,940€66,783▲
Appropriation of the result
Profit (loss) to be appropriated9906-€154,024-€87,241▲
Profit (loss) brought forward from the previous period14P-€135,085-€154,024▼

The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A----€135,576-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41,355€41,604€43,849€47,254€51,830▲ 9.7%
Other operating charges640/8€4,165€4,282€4,854€5,065€4,050▼ 20.0%
Gross operating margin9900€47,728€45,268€54,053€49,252€138,402▲ 181%
Operating profit (loss)9901€2,209-€618€5,350-€3,067€82,522▲ 2,791%
Financial income75/76B--€208€674€1,011▲ 50.1%
Recurring financial income75--€208€674€1,011▲ 50.1%
Financial charges65/66B€16,535€16,542€16,546€16,546€16,750▲ 1.2%
Recurring financial charges65€16,535€16,542€16,546€16,546€16,750▲ 1.2%
Profit (loss) for the period before taxes9903-€14,326-€17,160-€10,988-€18,940€66,783▲ 453%
Profit (loss) for the period9904-€14,326-€17,160-€10,988-€18,940€66,783▲ 453%
Profit (loss) for the period to be appropriated9905-€14,326-€17,160-€10,988-€18,940€66,783▲ 453%
Line20212022202320242025Change
Assets
Total assets20/58€629,384€607,784€601,071€582,992€943,047▲ 61.8%
Fixed assets21/28€539,078€497,899€519,363€489,530€351,254▼ 28.2%
Tangible fixed assets22/27€539,078€497,899€519,363€489,530€351,254▼ 28.2%
Land and buildings22€494,845€459,915€424,985€390,055€0▼ 100%
Furniture and vehicles24---€1,575€1,025▼ 34.9%
Other tangible fixed assets26€44,232€37,984€94,378€97,901€350,229▲ 258%
Current assets29/58€90,306€109,884€81,708€93,462€591,793▲ 533%
Amounts receivable within one year40/41€3,458€0€3,546€36,376€644▼ 98.2%
Trade receivables40€3,458€0€3,458€36,054€0▼ 100%
Other amounts receivable41--€88€323€644▲ 99.6%
Cash at bank and in hand54/58€86,848€109,884€78,162€57,086€590,430▲ 934%
Deferred charges and accrued income490/1----€719-
Equity and liabilities
Total equity and liabilities10/49€629,384€607,784€601,071€582,992€943,047▲ 61.8%
Equity10/15€293,064€275,904€264,915€245,976€312,759▲ 27.2%
Contributions10/11€400,000€400,000€400,000€400,000€400,000=
Profit (loss) carried forward14-€106,937-€124,096-€135,085-€154,024-€87,241▲ 43.4%
Amounts payable17/49€336,320€331,880€336,156€337,016€630,289▲ 87.0%
Amounts payable after more than one year17€330,000€330,000€330,000€330,000€330,000=
Financial debts170/4€330,000€330,000€330,000€330,000€330,000=
Amounts payable within one year42/48€576€234€2,119€987€300,282▲ 30,322%
Trade debts44€411€177€2,119€987€282▼ 71.4%
Suppliers440/4€411€177€2,119€987€282▼ 71.4%
Other amounts payable47/48€165€57€0-€300,000-
Accrued charges and deferred income492/3€5,744€1,646€4,036€6,029€7▼ 99.9%
Line20212022202320242025Change
Profit (loss) for the period9904-€14,326-€17,160-€10,988-€18,940€66,783▲ 453%
+ Depreciation and write-downs630€41,355€41,604€43,849€47,254€51,830▲ 9.7%
Operating cash flow (approximation)€27,029€24,444€32,861€28,315€118,612▲ 319%
Investment in fixed assets (approximation)--€426-€65,313-€17,421€86,446▲ 596%
Change in cash-€23,036-€31,722-€21,076€533,344▲ 2,631%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial Back to profitnet €66,783
Net result €66,783 after 7 loss-making years.
23-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 54 days late
2024
31-12
Financial Liquidity doublescurrent ratio 94.69
Current ratio from 38.55 to 94.69; short-term debt falls from €2,119 to €987.
31-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Liquidity triplescurrent ratio 468.97
Current ratio from 156.73 to 468.97; short-term debt falls from €576 to €234.
30-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial Liquidity quadruplescurrent ratio 156.73
Current ratio from 35.97 to 156.73; short-term debt falls from €1,815 to €576.
31-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
07-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
2019
31-12
Financial Weakest financial yearnet -€19,277
Net result drops to -€19,277, the lowest in the series; recovery starts the following year.
Show earlier events
31-12
Financial Liquidity quadruplescurrent ratio 85.00
Current ratio from 23.59 to 85.00; short-term debt falls from €2,404 to €453.
30-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
16-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is 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, Edegem · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
683 m²
Building footprint
187 m²
Volume, LiDAR
944 m³
Parcel 11472B0190/00E000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AVANTHY
Romeinse Put 25, 2650 EdegemReal estate activities
since 20162.252.328.320
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11472B0190/00E000 Flanders 683 m² 1 · 187 m² 8.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded14-03-2016
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.