Avartis
ActiveSummary
Avartis has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €364k. Equity is shrinking by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 11% of 8663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency29▼-13
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.93 against 0.85 in 2024; short-term debt: 95.5% and cash: 27.9% of total assets), and 95.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 8663 sector peers (2025).
NBB · sector comparisonPosition among 8663 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 06-10-2025, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
43 d early
2023
26 d early
2022
31 d early
2021
54 d early
2020
6 d late
2019
47 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€19k▼ 23.9%
2024 · €24k
2019: €28k
2020: €67k
2021: €130k
2022: €256k
2023: €72k
2024: €24k
2019 → 2025
Total assets
€414k▲ 182%
2024 · €147k
2019: €56k
2020: €95k
2021: €144k
2022: €291k
2023: €176k
2024: €147k
2019 → 2025
Net result
€364k▲ 482%
2024 · €63k
2019: €23k
2020: €42k
2021: €64k
2022: €126k
2023: €722
2024: €63k
2019 → 2025
Working capital
€-28k▼ 51.1%
2024 · €-19k
2019: €24k
2020: €64k
2021: €111k
2022: €205k
2023: €23k
2024: €-19k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€130k-€256k▲ 97.0%€72k▼ 72.0%€24k▼ 66.0%€19k▼ 23.9%
Operating result€80k-€157k▲ 96.1%€1k▼ 99.3%€85k▲ 7,283%€482k▲ 468%
Net result€64k-€126k▲ 96.3%€722▼ 99.4%€63k▲ 8,575%€364k▲ 482%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 468% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €414k
Fixed assets
€47k ▲ 8.6%
Current assets
€368k ▲ 254%
Equity and liabilities €414k
Equity
€19k ▼ 23.9%
Debt
€396k ▲ 223%
Debt's share of the balance-sheet total rises from 83.4% to 95.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€490k▲
2024 · €92k
Cash flow
€371k▲
2024 · €70k
Current ratio
0.93▲
2024 · 0.85
Debt to equity
21.28▲
2024 · 5.02
ROA
87.9%▲
2024 · 42.6%
Interest coverage
9064.08▲
2024 · 367.54
Debt ≤ 1 year
€396k▲
2024 · €123k
Income taxes
€123k▲
2024 · €22k
A ratio outside any meaningful range has been withheld (balance sheet total €414k, equity €19k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€147k€414k▲
Fixed assets21/28€43k€47k▲
Tangible fixed assets22/27€43k€47k▲
Plant, machinery and equipment23€1k€3k▲
Furniture and vehicles24€6k€5k▼
Other tangible fixed assets26€35k€38k▲
Financial fixed assets28€300€300=
Current assets29/58€104k€368k▲
Amounts receivable within one year40/41€33k€47k▲
Trade receivables40€29k€47k▲
Other amounts receivable41€4k€0▼
Current investments50/53-€200k
Cash at bank and in hand54/58€71k€116k▲
Deferred charges and accrued income490/1€427€5k▲
Equity and liabilities
Total equity and liabilities10/49€147k€414k▲
Equity10/15€24k€19k▼
Contributions10/11€19k€19k=
Reserves13€6k€0▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€6k€0▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€123k€396k▲
Amounts payable within one year42/48€123k€396k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€6k€5k▼
Suppliers440/4€6k€5k▼
Taxes, remuneration and social security45€7k€20k▲
Taxes450/3€7k€20k▲
Other amounts payable47/48€110k€370k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k=
Other operating charges640/8€463€1k▲
Gross operating margin9900€93k€491k▲
Operating profit (loss)9901€85k€482k▲
Financial income75/76B€122€5k▲
Recurring financial income75€122€5k▲
Financial charges65/66B€251€54▼
Recurring financial charges65€251€54▼
Profit (loss) for the period before taxes9903€85k€487k▲
Income taxes67/77€22k€123k▲
Profit (loss) for the period9904€63k€364k▲
Profit (loss) for the period to be appropriated9905€63k€364k▲
Appropriation of the result
Profit (loss) to be appropriated9906€63k€364k▲
Transfer from equity791/2€47k€6k▼
Profit to be distributed694/7€110k€370k▲
Return on contributions (dividend)694€110k€370k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
06-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Highest result since 2019net €364k ▲482%
Operating result €482k, net result €364k, both a record.
2024
18-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-03
Financial
Weakest financial yearnet €722 ▼99.4%
Net result drops to €722, the lowest in the series; recovery starts the following year.
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-03
Financial
Equity above €200kEq €256k ▲97%
4 profitable years in a row build equity to €256k.
2021
06-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-03
Financial
Liquidity triplescurrent ratio 9.20
Current ratio from 3.25 to 9.20; short-term debt falls from €28k to €14k.
30-03
Financial
Equity above €100kEq €130k ▲95.3%
3 profitable years in a row build equity to €130k.
2020
05-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 6 days late
2019
13-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2018
26-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
26-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Brussel · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Louizalaan 1431050 BrusselGround area
1,907 m²
Building footprint
1,788 m²
Volume, LiDAR
27,322 m³
Parcel 21807G0089/00A007, Brussels · tallest building 32.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Avartis
since 20122.210.927.136
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0089/00A007 | Brussels | 1,907 m² | 1 · 1,788 m² | 32.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
TE Construct
BE 0506.686.626
Hamont-Achel · Eq €18,600
Apollo Finance
BE 0525.780.184
Pajottegem · Eq €18,600
CORBATI
BE 0536.396.736
Brecht · Eq €18,600
Beau Noir
BE 0536.830.464
Waregem · Eq €18,600
LATITUDE 51
BE 0538.730.674
Sint-Martens-Latem · Eq €18,600
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 29,793 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-06-2012
Fiscal year end31-03
Activities, NACEBEL 2025
70200Business and other management consultancy
64999Other financial services
68110Buying and selling of own real estate
77400Rental and leasing activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.