AVASS
ActiveAVASS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €161k and a net result of €-10k. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 41% of 11323 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability53▼-15
Solvency55▼-4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.15 against 1.44 in 2024; short-term debt: 63.5% and cash: 0.2% of total assets), and 70.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
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
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-10k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
61 d late
2023
69 d late
2022
86 d late
2021
31 d late
2020
27 d late
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€161k▼ 5.9%
2024 · €171k
2018: €55k
2019: €68k
2020: €114k
2021: €114k
2022: €188k
2023: €174k
2024: €171k
2018 → 2025
Total assets
€537k▲ 7.6%
2024 · €499k
2018: €484k
2019: €488k
2020: €559k
2021: €533k
2022: €578k
2023: €519k
2024: €499k
2018 → 2025
Net result
€-10k▼ 209%
2024 · €-3k
2018: €24k
2019: €13k
2020: €46k
2021: €-338
2022: €74k
2023: €-14k
2024: €-3k
2018 → 2025
Working capital
€51k▼ 45.3%
2024 · €93k
2018: €-87k
2019: €-68k
2020: €-14k
2021: €10k
2022: €97k
2023: €57k
2024: €93k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€114k-€188k▲ 64.8%€174k▼ 7.2%€171k▼ 1.9%€161k▼ 5.9%
Operating result€22k-€112k▲ 414%€-6k€7k€-3k
Net result€-338-€74k€-14k€-3k▲ 76.0%€-10k▼ 209%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €3k after €7k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €537k
Fixed assets
€145k▼ 25.1%
Current assets
€392k▲ 28.4%
Equity and liabilities €537k
Equity
€161k▼ 5.9%
Provisions
€19k▼ 15.0%
Debt
€358k▲ 16.8%
The debt ratio rises from 61.4% to 66.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€49k▼
2024 · €59k
Cash flow
€42k▼
2024 · €49k
Solvency
29.9%▼
2024 · 34.2%
Current ratio
1.15▼
2024 · 1.44
Quick ratio
0.93▼
2024 · 1.12
Debt / equity
2.22▲
2024 · 1.79
ROE
-6.2%▼
2024 · -1.9%
ROA
-1.9%▼
2024 · -0.7%
Interest coverage
4.43▼
2024 · 6.13
Debt
€358k▲
2024 · €306k
Debt ≤ 1 year
€341k▲
2024 · €212k
Debt > 1 year
€17k▼
2024 · €94k
Income taxes
€634▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€499k€537k▲
Fixed assets21/28€194k€145k▼
Tangible fixed assets22/27€192k€143k▼
Land and buildings22€32k€22k▼
Plant, machinery and equipment23€35k€22k▼
Furniture and vehicles24€40k€36k▼
Leasing and similar rights25€84k€63k▼
Financial fixed assets28€2k€2k▼
Current assets29/58€305k€392k▲
Stocks and contracts in progress3€68k€75k▲
Stocks30/36€68k€75k▲
Amounts receivable within one year40/41€207k€299k▲
Trade receivables40€194k€294k▲
Other amounts receivable41€13k€5k▼
Cash at bank and in hand54/58€11k€851▼
Deferred charges and accrued income490/1€20k€17k▼
Equity and liabilities
Total equity and liabilities10/49€499k€537k▲
Equity10/15€171k€161k▼
Contributions10/11€19k€19k=
Reserves13€143k€133k▼
Tax-exempt reserves132€66k€56k▼
Distributable reserves133€77k€77k=
Profit (loss) carried forward14€9k€9k▼
Provisions and deferred taxes16€22k€19k▼
Deferred taxes168€22k€19k▼
Amounts payable17/49€306k€358k▲
Amounts payable after more than one year17€94k€17k▼
Financial debts170/4€94k€17k▼
Amounts payable within one year42/48€212k€341k▲
Current portion of amounts payable after more than one year42€60k€47k▼
Financial debts43-€20k
Credit institutions430/8-€20k
Trade debts44€126k€132k▲
Suppliers440/4€126k€132k▲
Taxes, remuneration and social security45€3k€3k▼
Taxes450/3€2k€2k▲
Remuneration and social security454/9€1k€206▼
Other amounts payable47/48€23k€140k▲
Income statement
Code20242025
Remuneration, social security and pensions62€4k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k€52k▼
Other operating charges640/8€14k€11k▼
Non-recurring operating charges66A€5k-
Gross operating margin9900€82k€60k▼
Operating profit (loss)9901€7k€-3k▼
Financial income75/76B€315€2k▲
Recurring financial income75€315€2k▲
Financial charges65/66B€10k€11k▲
Recurring financial charges65€10k€11k▲
Profit (loss) for the period before taxes9903€-2k€-13k▼
Transfer from deferred taxes780€4k€3k▼
Transfer to deferred taxes680€4k-
Income taxes67/77€2k€634▼
Profit (loss) for the period9904€-3k€-10k▼
Transfer from tax-exempt reserves789€13k€10k▼
Transfer to tax-exempt reserves689€11k-
Profit (loss) for the period to be appropriated9905€-2k€-135▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€9k▼
Profit (loss) brought forward from the previous period14P€11k€9k▼
The notes to these accounts (8 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
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 69 days late
2023
31-12
Financial
Weakest financial yearnet €-14k ▼118%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
25-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 86 days late
2022
31-12
Financial
Back to profitnet €74k
Net result €74k after one loss-making year.
31-12
Financial
Equity above €150kEq €188k ▲64.8%
Equity rises from €114k to €188k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Equity above €100kEq €114k ▲67.8%
3 profitable years in a row build equity to €114k.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Assesse · 1 establishment unit since 2005
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.
Rue du Centre 95333 AssesseGround area
199 m²
Building footprint
123 m²
Parcel 92116A0164/00T000, Wallonia. Linked by address, not a title deed.
1 establishment unit
AVASS
since 20052.149.465.758
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92116A0164/00T000 | Wallonia | 199 m² | 1 · 122 m² | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAssesse2.149.465.758
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Of 409 companies in sector 46110 we hold annual accounts for 173. 133 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-07-2005
Fiscal year end31-12
Activities, NACEBEL
46110Wholesale trade
51110
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.