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AVARO

Active Private limited company (pre-2019)founded 2009active for 17 yearsJessenhofstraat 4, 3511 HasseltKBO/BCE: BE 0809.632.571
AVARO
Financial year 2025
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Annual accounts 2025

micro format, filed on 09-10-2026, 70 days late
€32,716
▼ 31.7%
€30,935
▼ 30.6%
€21,668
▼ 30.6%
€209,780
▲ 7.6%
85.7%
▲ 0.8 percentage points
7.01
▲ 0.37

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €130,000. Estimated: probably between €79,000 and €240,000.

Balance sheet

balance sheet total €244,765 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

85.7%

Higher than 87% of 2,612 companies in 2025.

7.01

Higher than 86% of 2,481 companies in 2025.

8.9%

Higher than 53% of 2,510 companies in 2025.

AVARO Middle half of the sector 80% of the sector Micro accounts in education (NACE 85)

Net result: middle half · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009
Balance sheet: assets
20/58 244,765230,361209,056180,928143,302114,93394,129110,12184,99076,49529,44944,21351,822120,427120,82492,79982,861
21/28 708221,5753011,2232,1455,67322,7898,87111,49116,31626,13137,76949,66111,48310,77418,997
21 --------1,6653,330-------
22/27 708221,5753011,2232,1455,67322,7897,2078,16116,31626,13137,76949,66111,48310,77418,997
23 ------304912-3411,023-200599547--
24 708221,5753011,2232,1454,7867,2006,0416,36313,54424,09135,23846,43910,93610,77418,997
26 ------58314,6771,1661,4571,7482,0402,3312,623---
29/58 244,694229,539207,482180,628142,079112,78888,45587,33376,11965,00413,13318,08214,05370,766109,34182,02563,864
29 -------25,000---------
291 -------25,000---------
3 202,685187,454177,792147,678103,04561,14841,703----------
30/36 202,685187,454177,792147,678103,04561,14841,703----------
40/41 36,12029,85520,74617,35722,65428,45142,79134,25946,30931,44911,8857,5018,68666,71626,96823,48855,923
40 36,12029,77520,69417,35722,65427,53442,79132,91337,22131,44910,2857,5017,63466,64626,31521,11653,824
41 07952--917-1,3459,087-1,600-1,052706532,3722,099
50/53 05,5997,3816,2175,0523,8972,7311,563391--------
54/58 1,4521,3003926,99510,43618,32941824,35128,26832,4311,2478,7963,6262,26981,00157,2596,709
490/1 4,4375,3311,1702,3818929638132,1611,1511,124-1,7851,7411,7801,3721,2781,232
Balance sheet: equity and liabilities
10/49 244,765230,361209,056180,928143,302114,93394,129110,12184,99076,49529,44944,21351,822120,427120,82492,79982,861
10/15 209,788195,714166,654146,865119,41497,32881,57381,39069,59854,67421,04015,09327,23587,95797,24463,44848,192
10/11 12,50012,50012,50012,50012,50012,50012,50012,50012,50012,50012,50012,50012,50012,50012,50012,50012,500
100 ------18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 ------6,1006,1006,1006,1006,1006,1006,1006,1006,1006,1006,100
13 197,288183,214154,154134,365106,91484,82869,07368,89057,09842,1748,5402,59314,73575,45784,74450,94835,692
130/1 1,8601,8601,8601,8601,8601,860-----------
130 ------1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
1311 1,8601,8601,8601,8601,8601,860-----------
133 195,428181,354152,294132,505105,05482,96867,21367,03055,23840,3146,68073312,87573,59782,88449,08833,832
14 00000------------
17/49 34,97734,64742,40334,06323,88817,60512,55528,73115,39221,8218,40929,12024,58732,46923,57929,35134,669
17 -----------4505,73210,810---
170/4 -----------4505,73210,810---
42/48 34,91534,58542,34134,06323,88817,60512,55528,73115,39213,2568,40928,67018,85521,65923,53329,30634,624
42 1,0681,377--------4505,2825,0784,882---
44 10,0621765,3589882,322-1,17717,1996,154647508401145631,0022701,109
440/4 10,0621765,3589882,322-1,17717,1996,154647508401145631,0022701,109
45 23,78533,03236,98233,07621,56617,6059,94610,4139,23810,5499623,7237,4098,54121,24727,65416,806
450/3 23,78533,03236,98233,07621,56617,6059,94610,4139,23810,5499623,7237,4098,54121,24727,65416,806
47/48 ------1,4321,120-2,0596,49019,6256,2547,6731,2841,38116,709
492/3 626262------8,565----474544
Income statement
76A 04,500-----------5,315---
9900 32,71647,92457,77559,62238,21033,0087,63727,44927,40250,76620,7072,053-43,9893,10365,81236,07167,046
630 7527521,0479229222,0613,8496,0024,61912,13911,52012,19214,30315,05913,69612,0459,479
631/4 0-1751,675--------------
640/8 1,0292,7621,3951,4381,1481,5411,3021,2981,4501,2911,2791,1571,2151,8771,2151,0371,892
66A --099004,342283------547--1,650
9901 30,93544,58553,65856,27236,14025,0642,20320,14821,33237,3367,908-11,296-59,506-13,83350,90122,99055,675
75/76B 1,532106-010224201,5343160139269277849049
75 2106-010224201,5343160139269277849049
76B 1,529----------------
65/66B 3,5784,2151311951,0422161662152671881,2077441,06872818141712
65 3,5784,2151311951,0422161662152671881,2077441,06872818141712
9903 28,88840,47653,52756,07735,10824,8702,45621,46821,38237,1496,701-12,037-60,482-9,10151,66123,33953,363
67/77 7,2209,24013,40718,05710,8677,8302,2736,7966,4583,51575510524018616,2396,45816,046
9904 21,66831,23640,12038,02024,24117,04018314,67214,92433,6345,947-12,142-60,722-9,28735,42216,88137,317
9905 21,66831,23640,12038,02024,24117,04018314,67214,92433,6345,947-12,142-60,722-9,28735,42216,88137,317
Appropriation of the result
9906 21,66831,23640,12038,02024,24117,04018314,67214,92433,6345,947-12,142-60,722-9,28735,42216,88137,317
791/2 7,5942,17620,33110,5692,1561,284-----12,14260,7229,287---
691/2 21,66831,23640,12038,02024,24117,04018311,79214,92433,6345,947---33,79715,25635,692
6920 ----------------1,860
6921 21,66831,23640,12038,02024,24117,04018311,79214,92433,6345,947---33,79715,25633,832
694/7 7,5942,17620,33110,5692,1561,284-2,880------1,6251,6251,625
694 7,5942,17620,33110,5692,1561,284-2,880------1,6251,6251,625
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The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 09-10-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 70 days after the deadline. Filed on 9 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00552416.

Financial year Type Filed Reference Document
31-12-2025 micro format 09-10-2026 2026-00552416 PDF
31-12-2024 micro format 18-09-2025 2025-00494558 PDF
31-12-2023 micro format 30-09-2024 2024-00478553 PDF
31-12-2022 micro format 25-07-2023 2023-00265381 PDF
31-12-2021 micro format 30-08-2022 2022-20351325 PDF
31-12-2020 micro format 23-08-2021 2021-51600551 PDF
31-12-2019 micro format 28-09-2020 2020-56200010 PDF
31-12-2018 micro format 31-07-2019 2019-41400315 PDF
31-12-2017 micro format 31-07-2018 2018-41800354 PDF
31-12-2016 micro format 20-07-2017 2017-34400554 PDF
31-12-2015 abbreviated format 08-07-2016 2016-30400220 PDF
31-12-2014 abbreviated format 14-07-2015 2015-31100576 PDF
31-12-2013 abbreviated format 24-07-2014 2014-34200558 PDF
31-12-2012 abbreviated format 29-08-2013 2013-51200564 PDF
31-12-2011 abbreviated format 30-08-2012 2012-52000409 PDF
31-12-2010 abbreviated format 23-08-2011 2011-45000052 PDF
31-12-2009 abbreviated format 10-08-2010 2010-40000312 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009
31,68745,33754,70557,19537,06327,1256,05226,15125,95149,47519,428896-45,2031,22664,59735,03565,154
22,42031,98841,16638,94225,16319,1014,03220,67419,54345,77317,46749-46,4195,77249,11828,92646,796
002,320002,87581919,9202,0007,3131,7065542,41154,55514,4043,82228,475
153907-6,602-3,441-7,89317,911-23,933-3,918-4,16331,184-7,5495,1701,357-78,73223,74250,550-
209,780194,954165,141146,564118,19195,18375,90058,60160,72751,7494,723-10,588-4,80249,10685,80952,71929,240
85.7%85.0%79.7%81.2%83.3%84.7%86.7%73.9%81.9%71.5%71.4%34.1%52.6%73.0%80.5%68.4%58.2%
7.016.644.905.305.956.417.053.044.954.901.560.630.753.274.652.801.84
1.201.220.700.971.632.933.723.044.954.901.560.630.753.274.652.801.84
0.170.180.250.230.200.180.150.350.220.400.401.930.900.370.240.460.72
10.3%16.0%24.1%25.9%20.3%17.5%0.2%18.0%21.4%61.5%28.3%-80.4%-223.0%-10.6%36.4%26.6%77.4%
8.9%13.6%19.2%21.0%16.9%14.8%0.2%13.3%17.6%44.0%20.2%-27.5%-117.2%-7.7%29.3%18.2%45.0%
8.8610.76over 100over 10035.57------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets--€2,320--
€752€752€1,047€922€922

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on AVARO

The operating result for 2025 is 31% lower than in 2024 and the lowest since 2020. It is the third fall in a row.

Debt's share of the balance-sheet total falls from 15.0% to 14.3%. Equity and debt are higher.

Next steps

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