Checked.be
Active
BE 0768.370.850Private limited companyOpen bankruptcy
AVASH MARKET
Ninoofsesteenweg 333 ·1700 Dilbeek, Belgium· 5 yrs active
Sector: Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
(47110)
Conclusion
A bankruptcy procedure is open for AVASH MARKET according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €125 and a net result of €-3k.
Based on the State Gazette, CBE and 1 annual account.
Key figures
| Equity | €125 |
| Net result | €-3k |
| Better than sector | 27% |
| Active | 5 yrs |
Financial profile
4
/ 100
Fragile profile, watch health in particular.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
0
Profitability
7
Solvency
11
Growth
-
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskRegister: open bankruptcyThis score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer
0
/ 100
Critical
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview
Annual accounts filed on 08-08-2024 with the NBB · fiscal year 2023 · micro
Sector comparison
Fiscal year 2023 · NACE 47, Retail trade · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 0.3% | 20.0% | |
| Net result | €-3k | €3k | |
| Equity | €125 | €15k | |
| Gross operating margin | €56k | €23k | |
| Staff costs | €56k | €33k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
| Fiscal year | 2023 |
|---|---|
| Deposit | micro |
| Revenue | €376k |
| EBITDA | €-3k |
| Net profit | €-3k |
| Cash flow | €-3k |
| Staff costs | €56k |
| Income taxes | - |
| Dividends | - |
| Total assets | €36k |
| Equity | €125 |
| Debt | €36k |
| of which ≤ 1y | €36k |
| of which > 1y | - |
| Working capital | €-1k |
| Employees (FTE) | - |
Ratios (computed)
| 2023 | |
|---|---|
| Current ratio | 0.96 |
| Quick ratio | 0.28 |
| Working capital ratio | -3.8% |
| Solvency | 0.3% |
| Debt / equity | 287.25 |
| Long-term debt ratio | - |
| Interest coverage | -13.95 |
| Gross margin | 14.7% |
| Net margin | -0.9% |
| ROA | -9.6% |
| ROE | -2758.2% |
| EBITDA margin | -0.7% |
| Days sales outstanding | - |
| Days payable outstanding | 19d |
| Inventory turnover | 13.18 |
| Days inventory (DSI) | 28d |
Balance-sheet composition 2023
Full annual accounts (19 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €36k |
| Fixed assets | 21/28 | €1k |
| Intangible fixed assets | 21 | €1k |
| Current assets | 29/58 | €34k |
| Stocks & contracts in progress | 3 | €24k |
| Cash & bank | 54/58 | €10k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €36k |
| Equity | 10/15 | €125 |
| Accumulated profits (losses) | 14 | €125 |
| Amounts payable | 17/49 | €36k |
| Amounts payable within one year | 42/48 | €36k |
| Trade debts payable within one year | 44 | €16k |
| Income statement | ||
| Turnover | 70 | €376k |
| Gross operating margin | 9900 | €56k |
| Operating result | 9901 | €-3k |
| Financial charges | 65 | €190 |
| Result before taxes | 9903 | €-3k |
| Net result for the period | 9904 | €-3k |
| Result to be appropriated | 9905 | €-3k |
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | CHARLOTTE PIERS GROENKRAAGLAAN 3,
1170 BRUSSEL 17 |
17-06-2025 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen(47110) |
| Legal form | Private limited company(610) |
| Incorporation | 12-05-2021 |
| Status | Active |
| Postal code | 1700 |
| First BS signal | 24-06-2025 |
| Latest BS signal | 24-06-2025 |
Establishment units
AVASH MARKET
since 20212.317.325.545
Pamelse Klei
since 20212.324.078.428
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23097C0896/00A000 | Flanders | 624 m² | 1 · 468 m² | 11.1 m · 3 fl. |
| 23016D0063/00D002 | Flanders | 119 m² | 1 · 102 m² | 12.4 m · 3 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2025
24-06-2025
Bankruptcy
Opening
2024
08-08-2024
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
24-06-2025
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage
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.
Credit advice
Company registry (CBE)
Activities
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen47110Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)47114
Primary activity highlighted.
Names & trade names
| Legal nameNL | AVASH MARKET |
Registered office
Ninoofsesteenweg 333
1700 Dilbeek, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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