AVARCO-DEGROOTE
ActiveSummary
The computed 12-month bankruptcy probability of AVARCO-DEGROOTE is 1.6% (moderate). The 2025 annual accounts show equity of €72,595 and a net result of €18,287. Equity has been stable since 2023 (±1.6% per year). Its solvency ranks better than 19% of 9,394 sector peers (NACE 41, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 18-08-2017 Normal situation
- Activity
- General construction of residential buildings NACE 41001and 2 others
- Establishment units
- 2.267.113.197 8840 Staden, since 18-08-2017
- 2.267.113.296 8980 Zonnebeke, since 18-08-2017
- Financial year end
- 30 June
- Peppol
- Reachable since 27-03-2026
Board and ownership
- DEGROOTE Alexander Johny IsidoorDirector · since 18-08-2017
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.6%
- Gross margin
- €104,989
- ▼ 5.0%
- Turnover
- ≈ €350,000
- estimated
- Profit
- €18,287
- ▼ 5.4%
- Equity
- €72,595
- ▼ 23.0%
- Total assets
- €657,329
- ▼ 6.0%
- 2025 accounts filed 13 days after the deadline
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Liquidity: current ratio 0.39, cash €1,332Equity €72,595 (11.0% of total assets)lowers riskSize: total assets €657,329Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 41, micro). It does better than 19% of them on solvency, 33% on liquidity, 31% on profitability and 18% 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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Signals
The company filed its last 3 accounts on average 6 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: Lower solvency than 80% of companies in construction of buildingssector median 42.9% · 9,394 companies 11.0% View
Recent changes
- · Gazette deed Resignation: DEGROOTE Alexander Johny Isidoor (director)Reappointment: DEGROOTE Alexander Johny Isidoor (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as AVARCO-DEGROOTE: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €548,000 and €661,000, founded between 2016 and 2018.
| Company | Total assets | Gross margin |
|---|---|---|
| AVARCO-DEGROOTE Staden | €657,329 | €104,989 |
| IN & OUT RENOVATIONS Bredene | €573,983 | €105,377 |
| Cosca Menen | €553,555 | €115,646 |
| ALLARY Beernem | €553,823 | €119,854 |
| STRUKTURO Oostende | €547,878 | €86,701 |
| Brughmans Bouwprojecten Kalmthout | €661,371 | €109,118 |
| MIX CONSTRUCT Tienen | €591,296 | €101,579 |
Key facts about AVARCO-DEGROOTE
- What is the company number of AVARCO-DEGROOTE?
- The company number of AVARCO-DEGROOTE is 0679.882.304. The VAT number is the same number with BE in front: BE 0679.882.304.
- Where is AVARCO-DEGROOTE based?
- The registered office is at Colliemolenstraat(ONK) 18, 8840 Staden.Company details
- What does AVARCO-DEGROOTE do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of AVARCO-DEGROOTE?
- The legal form of AVARCO-DEGROOTE is Private limited company (BV).
- When was AVARCO-DEGROOTE founded?
- AVARCO-DEGROOTE was founded on 18-08-2017.
- Is AVARCO-DEGROOTE still active?
- Yes, AVARCO-DEGROOTE is an active enterprise in the KBO register.
- What is the turnover of AVARCO-DEGROOTE?
- The turnover in financial year 2025 is ≈ €350,000. This figure is estimated from the gross margin of €104,989 and 97 comparable companies (NACE 41001). It probably lies between €240,000 and €530,000.Financials
- Is AVARCO-DEGROOTE profitable?
- In financial year 2025, AVARCO-DEGROOTE made a profit of €18,287.
- Where can I find the annual accounts of AVARCO-DEGROOTE?
- AVARCO-DEGROOTE filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of AVARCO-DEGROOTE due?
- AVARCO-DEGROOTE must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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