AVCE (0737.410.232): annual accounts, directors and company register

AVCE

Antwerp ·KBO/BCE: BE 0737.410.232

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%

Group	Expected	Actual
1	0.2%	0.2%
2	0.3%	0.5%
3	0.5%	0.6%
4	0.7%	0.8%
5	0.9%	0.9%
6	1.3%	1.5%
7	1.6%	1.8%
8	1.8%	1.8%
9	3.0%	3.1%
10	5.6%	6.2%

Line	2025	2024	2023	2022	2021	2020
Balance sheet: assets
Total assets`20/58`	2.3m	2.4m	2.1m	1.8m	1.6m	1.4m
Fixed assets`21/28`	2.3m	2.4m	2.1m	1.8m	1.6m	1.4m
Tangible fixed assets`22/27`	2.3m	2.4m	2.1m	1.8m	1.6m	1.4m
Land and buildings`22`	2.3m	2.4m	2.1m	1.8m	1.6m	1.4m
Current assets`29/58`	4,138	3,565	1,934	1,315	1,146	1,693
Amounts receivable within one year`40/41`	-	-	939	327	100	-
Other amounts receivable`41`	-	-	939	327	100	-
Cash at bank and in hand`54/58`	3,281	2,822	151	988	1,046	1,693
Deferred charges and accrued income`490/1`	857	742	844	-	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	2.3m	2.4m	2.1m	1.8m	1.6m	1.4m
Equity`10/15`	-836,946	-636,529	-385,826	-205,977	-118,752	-50,506
Contributions`10/11`	50,000	50,000	50,000	50,000	50,000	50,000
Profit (loss) carried forward`14`	-886,946	-686,529	-435,826	-255,977	-168,752	-100,506
Amounts payable`17/49`	3.2m	3.0m	2.5m	2.0m	1.7m	1.4m
Amounts payable after more than one year`17`	1.6m	-	-	-	-	-
Financial debts`170/4`	1.6m	-	-	-	-	-
Amounts payable within one year`42/48`	1.5m	3.0m	2.5m	2.0m	1.7m	1.4m
Current portion of amounts payable after more than one year`42`	-	-	1.6m	1.4m	1.1m	1.1m
Financial debts`43`	-	1.6m	9,811	-	-	-
Credit institutions`430/8`	-	1.6m	9,811	-	-	-
Trade debts`44`	67,712	81,447	143,935	1,470	737	737
Suppliers`440/4`	67,712	81,447	143,935	1,470	737	737
Other amounts payable`47/48`	1.4m	1.3m	736,975	585,653	595,814	326,923
Accrued charges and deferred income`492/3`	82,025	-	-	-	-	-
Income statement
Gross operating margin`9900`	-46,495	-19,380	-25,276	-13,514	-4,237	-47,991
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	32,765	31,683	24,088	14,870	13,107	10,964
Other operating charges`640/8`	20,591	34,886	28,834	24,123	22,997	21,668
Operating profit (loss)`9901`	-99,851	-85,950	-78,197	-52,506	-40,342	-80,623
Financial income`75/76B`	615	49	11	7	-	1
Recurring financial income`75`	615	49	11	7	-	1
Financial charges`65/66B`	101,180	164,802	101,663	34,725	27,904	19,884
Recurring financial charges`65`	101,180	164,802	101,663	34,725	27,904	19,884
Profit (loss) for the period before taxes`9903`	-200,416	-250,704	-179,849	-87,224	-68,246	-100,506
Profit (loss) for the period`9904`	-200,416	-250,704	-179,849	-87,224	-68,246	-100,506
Profit (loss) for the period to be appropriated`9905`	-200,416	-250,704	-179,849	-87,224	-68,246	-100,506
Appropriation of the result
Profit (loss) to be appropriated`9906`	-886,946	-686,529	-435,826	-255,977	-168,752	-100,506
Profit (loss) brought forward from the previous period`14P`	-686,529	-435,826	-255,977	-168,752	-100,506	-
Document	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	25-06-2026	2026-00201816	PDF
31-12-2024	abbreviated format	21-08-2025	2025-00390895	PDF
31-12-2023	abbreviated format	08-07-2024	2024-00219452	PDF
31-12-2022	abbreviated format	28-08-2023	2023-00358371	PDF
31-12-2021	abbreviated format	31-08-2022	2022-20402673	PDF
31-12-2020	abbreviated format	17-08-2021	2021-50000209	PDF

Line	2025	2024	2023	2022	2021	2020
EBITDA	-67,086	-54,267	-54,110	-37,637	-27,235	-69,659
Cash flow	-167,652	-219,020	-155,762	-72,355	-55,139	-89,542
Investment in fixed assets	21,440	258,994	352,479	252,787	214,299	1.4m
Change in cash	459	2,671	-837	-57	-648	-
Working capital	-1.4m	-3.0m	-2.5m	-2.0m	-1.7m	-1.4m
Solvency	-35.7%	-27.0%	-18.2%	-11.5%	-7.6%	-3.7%
Current ratio	0.00	0.00	0.00	0.00	0.00	0.00
ROA	-8.6%	-10.7%	-8.5%	-4.9%	-4.4%	-7.4%
Interest coverage	-0.66	-0.33	-0.53	-1.08	-0.98	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€21,440	€258,994	€352,479	€252,787	€214,299
Depreciation and write-downs of the year	€32,765	€31,683	€24,088	€14,870	€13,107

MOPRO INVEST II registered office since 07-10-2002 · founded in 2002 · negative equity (2025)	total assets €19.0m (2025) 0477.348.777
Central Immo registered office since 24-10-1979 · founded in 1979	total assets €15.5m (2025) 0419.915.176
MOPRO IMMO registered office since 07-10-2002 · founded in 2002	total assets €7.2m (2025) 0477.348.678
TOP ROOF registered office since 24-09-2007 · founded in 2007 · negative equity (2025)	total assets €6.9m (2025) 0892.253.213
IBELCO registered office since 20-10-1992 · founded in 1992	total assets €5.6m (2025) 0447.905.022
ROCAMI registered office since 06-01-1988 · founded in 1987	total assets €3.9m (2025) 0432.744.219
Beaupro Immo registered office since 20-05-2005 · founded in 2005	total assets €3.7m (2025) 0871.825.409
MOPRO MECHELEN registered office since 06-11-2006 · founded in 2006 · negative equity (2025)	total assets €3.0m (2025) 0883.299.816
MEYER registered office since 01-11-1966 · founded in 1968 · negative equity (2025)	total assets €1.1m (2025) 0404.785.057
Mopro Brussel registered office since 22-06-2026 · founded in 2019	total assets €761,425 (2025) 0736.629.579

Establishment	Since	Unit number
Oostenstraat 50 registered office 2018 Antwerp
Oostenstraat 51 2018 Antwerp 68110 Buying and selling of own real estate	05-11-2019	2.390.378.918

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