AVANTIS
ActiveSummary
AVANTIS has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €450,447 and a net result of €109,375. Equity is growing by ~38.7% per year across the filed fiscal years. Its solvency ranks better than 50% of 136 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2026
Axes · tick = 2025
Profitability83▲+37
Solvency71▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 5.69 against 3.33 in 2025; short-term debt: 14.6% and cash: 9.8% of total assets), but 53.8% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
46.2%
Return on assets
11.2%
Age of the figures
6 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 09-09-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
52 d early
2025
4 d early
2024
10 d early
2023
103 d early
2022
31 d early
2021
67 d early
2020
40 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 44 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-03-2027 close31-10-2027 deadline
History
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Financials · fiscal year 2026, abbreviated schema
Equity
€450,447▲ 32.1%
2025 · €341,072
Total assets
€975,035▲ 0.3%
2025 · €971,839
Net result
€109,375▲ 520%
2025 · €17,648
Working capital
€665,933▲ 16.4%
2025 · €572,267
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
Line20222023202420252026
Operating result€244,852▲ 73.9%€333,323▲ 36.1%€32,856▼ 90.1%€48,297▲ 47.0%€128,983▲ 167%
Net result€219,754▲ 86.0%€281,435▲ 28.1%€2,118▼ 99.2%€17,648▲ 733%€109,375▲ 520%
Equity€41,472€321,307▲ 675%€323,425▲ 0.7%€341,072▲ 5.5%€450,447▲ 32.1%
Total assets€1.0m▲ 16.9%€1.1m▲ 11.5%€1.1m▼ 4.5%€971,839▼ 10.5%€975,035▲ 0.3%
Debt€977,910▼ 6.8%€815,488▼ 16.6%€762,669▼ 6.5%€630,767▼ 17.3%€524,588▼ 16.8%
Working capital€770,536▲ 18.7%€838,567▲ 8.8%€693,971▼ 17.2%€572,267▼ 17.5%€665,933▲ 16.4%
Staff (FTE)3.3▲ 10.0%3.2▼ 3.0%3▼ 6.3%3.2▲ 6.7%2.6▼ 18.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2024 the operating result has climbed two years in a row; 2026 is 167% above 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €975,035
Fixed assets
€167,130 ▲ 8.6%
Current assets
€807,905 ▼ 1.2%
Equity and liabilities €975,035
Equity
€450,447 ▲ 32.1%
Debt
€524,588 ▼ 16.8%
Debt's share of the balance-sheet total falls from 64.9% to 53.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€171,776▲
2025 · €89,124
Cash flow
€152,168▲
2025 · €58,474
Current ratio
5.69▲
2025 · 3.33
Quick ratio
2.25▲
2025 · 1.50
Debt to equity
1.16▼
2025 · 1.85
ROE
24.3%▲
2025 · 5.2%
ROA
11.2%▲
2025 · 1.8%
Interest coverage
8.29▲
2025 · 3.06
Debt ≤ 1 year
€141,972▼
2025 · €245,743
Debt > 1 year
€382,109▲
2025 · €375,858
Income taxes
€142▼
2025 · €1,905
Staff costs
€208,620▼
2025 · €249,324
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €7,308 | €62,598 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | €194,501 | €219,477 | €235,554 | €249,324 | €208,620 | ▼ 16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €38,782 | €38,892 | €45,443 | €40,827 | €42,793 | ▲ 4.8% |
| Other operating charges640/8 | €4,429 | €8,269 | €5,864 | €4,806 | €7,428 | ▲ 54.6% |
| Non-recurring operating charges66A | - | €338 | €802 | €0 | - | - |
| Gross operating margin9900 | €482,565 | €600,299 | €320,519 | €343,253 | €387,824 | ▲ 13.0% |
| Operating profit (loss)9901 | €244,852 | €333,323 | €32,856 | €48,297 | €128,983 | ▲ 167% |
| Financial income75/76B | €2,506 | €2,418 | €1,275 | €405 | €1,250 | ▲ 209% |
| Recurring financial income75 | €2,506 | €2,418 | €1,275 | €405 | €1,250 | ▲ 209% |
| Financial charges65/66B | €27,487 | €26,195 | €31,747 | €29,150 | €20,716 | ▼ 28.9% |
| Recurring financial charges65 | €27,487 | €26,195 | €31,747 | €29,150 | €20,716 | ▼ 28.9% |
| Profit (loss) for the period before taxes9903 | €219,872 | €309,547 | €2,384 | €19,553 | €109,516 | ▲ 460% |
| Income taxes67/77 | €118 | €28,112 | €266 | €1,905 | €142 | ▼ 92.6% |
| Profit (loss) for the period9904 | €219,754 | €281,435 | €2,118 | €17,648 | €109,375 | ▲ 520% |
| Profit (loss) for the period to be appropriated9905 | €219,754 | €281,435 | €2,118 | €17,648 | €109,375 | ▲ 520% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.0m | €1.1m | €1.1m | €971,839 | €975,035 | ▲ 0.3% |
| Fixed assets21/28 | €120,029 | €164,981 | €229,269 | €153,828 | €167,130 | ▲ 8.6% |
| Intangible fixed assets21 | €11,146 | €11,893 | €47,666 | €36,450 | €25,584 | ▼ 29.8% |
| Tangible fixed assets22/27 | €108,884 | €153,087 | €181,603 | €117,378 | €141,546 | ▲ 20.6% |
| Land and buildings22 | €74,182 | €56,901 | €55,849 | €0 | - | - |
| Plant, machinery and equipment23 | €10,709 | €6,856 | €12,770 | €11,735 | €10,515 | ▼ 10.4% |
| Furniture and vehicles24 | €16,428 | €43,775 | €30,429 | €23,575 | €66,281 | ▲ 181% |
| Leasing and similar rights25 | - | - | €31,172 | €22,727 | €14,282 | ▼ 37.2% |
| Other tangible fixed assets26 | €7,566 | €45,555 | €51,383 | €59,342 | €50,467 | ▼ 15.0% |
| Current assets29/58 | €899,353 | €971,815 | €856,825 | €818,011 | €807,905 | ▼ 1.2% |
| Stocks and contracts in progress3 | €462,574 | €560,967 | €533,028 | €448,983 | €488,325 | ▲ 8.8% |
| Stocks30/36 | €462,574 | €560,967 | €533,028 | €448,983 | €488,325 | ▲ 8.8% |
| Amounts receivable within one year40/41 | €292,775 | €296,840 | €237,213 | €262,711 | €215,639 | ▼ 17.9% |
| Trade receivables40 | €227,835 | €208,197 | €170,492 | €198,575 | €161,251 | ▼ 18.8% |
| Other amounts receivable41 | €64,940 | €88,643 | €66,721 | €64,136 | €54,388 | ▼ 15.2% |
| Cash at bank and in hand54/58 | €133,932 | €102,982 | €75,675 | €99,423 | €95,604 | ▼ 3.8% |
| Deferred charges and accrued income490/1 | €10,072 | €11,026 | €10,909 | €6,894 | €8,338 | ▲ 21.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.0m | €1.1m | €1.1m | €971,839 | €975,035 | ▲ 0.3% |
| Equity10/15 | €41,472 | €321,307 | €323,425 | €341,072 | €450,447 | ▲ 32.1% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €22,813 | €302,707 | €302,707 | €320,354 | €429,729 | ▲ 34.1% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €0 | - | - | - |
| Tax-exempt reserves132 | €20,953 | €20,953 | €20,953 | €20,953 | €20,953 | = |
| Distributable reserves133 | - | €279,894 | €281,754 | €299,402 | €408,776 | ▲ 36.5% |
| Profit (loss) carried forward14 | €60 | €0 | €2,118 | €2,118 | €2,118 | = |
| Amounts payable17/49 | €977,910 | €815,488 | €762,669 | €630,767 | €524,588 | ▼ 16.8% |
| Amounts payable after more than one year17 | €845,000 | €680,000 | €591,803 | €375,858 | €382,109 | ▲ 1.7% |
| Financial debts170/4 | €845,000 | €570,000 | €481,803 | €375,858 | €382,109 | ▲ 1.7% |
| Other amounts payable178/9 | - | €110,000 | €110,000 | €0 | - | - |
| Amounts payable within one year42/48 | €128,817 | €133,247 | €162,854 | €245,743 | €141,972 | ▼ 42.2% |
| Current portion of amounts payable after more than one year42 | - | - | €35,684 | €50,945 | €19,843 | ▼ 61.1% |
| Trade debts44 | €85,940 | €60,754 | €88,459 | €147,773 | €85,594 | ▼ 42.1% |
| Suppliers440/4 | €85,940 | €60,754 | €88,459 | €147,773 | €85,594 | ▼ 42.1% |
| Advances received on contracts in progress46 | €13,372 | €6,585 | €1,390 | €6,500 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €28,005 | €64,309 | €37,251 | €40,526 | €36,535 | ▼ 9.8% |
| Taxes450/3 | €5,112 | €32,217 | €3,844 | €5,796 | €9,438 | ▲ 62.8% |
| Remuneration and social security454/9 | €22,893 | €32,092 | €33,407 | €34,730 | €27,097 | ▼ 22.0% |
| Other amounts payable47/48 | €1,500 | €1,600 | €70 | €0 | - | - |
| Accrued charges and deferred income492/3 | €4,093 | €2,241 | €8,012 | €9,166 | €507 | ▼ 94.5% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €219,754 | €281,435 | €2,118 | €17,648 | €109,375 | ▲ 520% |
| + Depreciation and write-downs630 | €38,782 | €38,892 | €45,443 | €40,827 | €42,793 | ▲ 4.8% |
| Operating cash flow (approximation) | €258,537 | €320,327 | €47,561 | €58,474 | €152,168 | ▲ 160% |
| Investment in fixed assets (approximation) | - | -€83,844 | -€109,731 | €34,614 | -€56,095 | ▼ 262% |
| Change in cash | - | -€30,950 | -€27,307 | €23,748 | -€3,819 | ▼ 116% |
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 2027, expected by
2026
09-09
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
2025
27-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
21-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Weakest financial yearnet €2,118 ▼99.2%
Net result drops to €2,118, the lowest in the series; recovery starts the following year.
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Highest result since 2019net €281,435 ▲28.1%
Operating result €333,323, net result €281,435, both a record.
31-03
Financial
Equity above €200,000Eq €321,307 ▲675%
5 profitable years in a row build equity to €321,307.
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
21-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial
Liquidity quadruplescurrent ratio 6.41
Current ratio from 1.52 to 6.41; short-term debt falls from €479,333 to €101,933.
2019
10-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
29-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
17-10
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 2 acts read
About the unread acts
We know of 2 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
2 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, Anzegem · 2 establishment units since 2011
Ground area
2,421 m²
Building footprint
1,903 m²
Volume, LiDAR
10,190 m³
3 parcels, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
Avet Lode
since 20112.199.434.814
Avantis
since 20152.244.442.616
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34038B0054/00V002 | Flanders | 1,519 m² | 1 · 1,252 m² | 8.6 m · 2 fl. |
| 34038A0346/00K015 | Flanders | 586 m² | 1 · 484 m² | 9.8 m · 2 fl. |
| 34038A0346/00L012 | Flanders | 316 m² | 1 · 167 m² | 4.9 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 2,501 EUR awarded · 2,501 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,872 EUR | 1,872 EUR |
| 2024 | 1 | 0 EUR | 629 EUR |
| 2023 | 1 | 629 EUR | 0 EUR |
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Of 473 companies in sector 46842 we hold annual accounts for 346. 272 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-06-2004
Fiscal year end31-03
Activities, NACEBEL 2025
46842Wholesale trade
47529Retail trade
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
47789Other retail sale of new goods
95290Repair and maintenance of other personal and household goods
Contact
E-mail
info@avantis.beAnzegem
Scores and ratios are computed by Checked and are not a credit decision.