AVCI
Annual accounts 2025
micro format, filed on 18-06-2026, 43 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €470,000. Estimated: probably between €320,000 and €690,000.
Balance sheet
balance sheet total €330,128 on 31-12-2025in euro
in euro
Position in the sector
55.3%
Higher than 60% of 35,119 companies in 2025.
2.01
Higher than 55% of 34,493 companies in 2025.
25.4%
Higher than 83% of 34,694 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
330,128 | 215,363 | 177,190 | 141,397 | 132,115 | 132,789 | 112,501 | 100,017 | 99,522 | 94,148 | 78,076 | |
21/28 |
33,094 | 20,265 | 16,435 | 17,900 | 7,333 | 40,665 | 2,500 | 205 | 916 | 1,012 | - | |
22/27 |
27,894 | 15,065 | 13,435 | 14,900 | 4,333 | 38,165 | - | 205 | 916 | 1,012 | - | |
23 |
7,005 | 2,896 | 6,646 | - | - | - | - | - | - | - | - | |
24 |
20,889 | 12,169 | 6,789 | 14,900 | 4,333 | 38,165 | - | 205 | 916 | 1,012 | - | |
28 |
5,200 | 5,200 | 3,000 | 3,000 | 3,000 | 2,500 | 2,500 | - | - | - | - | |
29/58 |
297,033 | 195,098 | 160,756 | 123,497 | 124,782 | 92,124 | 110,001 | 99,812 | 98,605 | 93,136 | 78,076 | |
29 |
- | - | - | 11,420 | - | 11,420 | 25,000 | 25,000 | - | - | - | |
291 |
- | - | - | 11,420 | - | 11,420 | 25,000 | 25,000 | - | - | - | |
3 |
- | - | - | - | - | - | 17,975 | - | 5,753 | 11,225 | - | |
30/36 |
- | - | - | - | - | - | - | - | 5,753 | 8,158 | - | |
37 |
- | - | - | - | - | - | 17,975 | - | - | 3,067 | - | |
40/41 |
221,206 | 116,070 | 140,640 | 90,007 | 86,574 | 59,526 | 50,649 | 69,110 | 92,852 | 76,618 | 58,266 | |
40 |
130,378 | 36,518 | 66,295 | 39,052 | 5,257 | 28,106 | 20,600 | 43,770 | 73,741 | 37,302 | 47,792 | |
41 |
90,828 | 79,552 | 74,345 | 50,956 | 81,317 | 31,420 | 30,049 | 25,340 | 19,111 | 39,316 | 10,475 | |
54/58 |
75,827 | 79,028 | 20,116 | 22,070 | 38,208 | 21,178 | 16,377 | 5,702 | - | - | 18,581 | |
490/1 |
- | - | - | - | - | - | - | - | - | 5,294 | 1,228 | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
330,128 | 215,363 | 177,190 | 141,397 | 132,115 | 132,789 | 112,501 | 100,017 | 99,522 | 94,148 | 78,076 | |
10/15 |
182,510 | 114,248 | 95,747 | 98,158 | 80,020 | 47,204 | 40,894 | 38,758 | 31,453 | 25,964 | 11,928 | |
10/11 |
18,600 | 16,550 | 16,550 | 16,550 | 16,550 | 16,550 | 16,550 | 16,550 | 16,550 | 16,550 | 8,050 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 2,050 | 2,050 | 2,050 | 2,050 | 10,550 | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
14 |
162,050 | 95,838 | 77,337 | 79,748 | 61,610 | 28,794 | 22,484 | 20,348 | 13,043 | 7,554 | 2,018 | |
17/49 |
147,618 | 101,115 | 81,443 | 43,238 | 52,095 | 85,586 | 71,607 | 61,260 | 68,069 | 68,184 | 66,147 | |
42/48 |
147,618 | 101,115 | 81,443 | 43,238 | 52,095 | 85,586 | 71,607 | 61,260 | 68,069 | 68,184 | 66,147 | |
42 |
- | - | 4,303 | 4,303 | 4,500 | 4,500 | - | - | - | - | - | |
43 |
- | - | - | - | - | - | 4,500 | 4,500 | 11,489 | 18,417 | - | |
430/8 |
- | - | - | - | - | - | 4,500 | 4,500 | 6,989 | 18,417 | - | |
439 |
- | - | - | - | - | - | - | - | 4,500 | - | - | |
44 |
100,939 | 74,842 | 70,026 | 34,757 | 45,006 | 76,640 | 66,314 | 54,110 | 55,397 | 41,875 | 61,187 | |
440/4 |
100,939 | 74,842 | 70,026 | 34,757 | 45,006 | 76,640 | 66,314 | 54,110 | 55,397 | 41,875 | 61,187 | |
45 |
46,679 | 26,273 | 7,114 | 4,178 | 2,589 | 4,445 | 793 | 2,650 | - | 7,892 | 4,960 | |
450/3 |
46,679 | 26,263 | 7,104 | 3,978 | 2,502 | - | 793 | 2,650 | - | 7,892 | 4,500 | |
454/9 |
- | 10 | 10 | 201 | 87 | 4,445 | - | - | - | - | 461 | |
47/48 |
- | - | - | - | - | - | - | - | 1,184 | - | - | |
| Income statement | ||||||||||||
9900 |
138,572 | 99,643 | 68,212 | 49,543 | 101,732 | 40,100 | 19,753 | 52,277 | 15,252 | 11,937 | 10,558 | |
62 |
8,672 | 14,720 | 5,482 | 6,436 | 4,254 | 941 | 798 | 3,920 | 1,748 | 1,019 | 653 | |
630 |
6,132 | 11,597 | 11,784 | 3,479 | 33,832 | 13,323 | 205 | 711 | 711 | 506 | - | |
631/4 |
- | - | 10,283 | - | - | - | - | - | - | - | - | |
640/8 |
6,679 | 2,367 | 3,843 | 3,381 | 2,666 | 3,185 | 4,532 | 18,887 | 2,061 | 1,865 | 436 | |
9901 |
117,088 | 70,959 | 36,820 | 36,247 | 60,979 | 22,651 | 14,219 | 28,759 | 10,732 | 8,547 | 9,469 | |
75/76B |
2,992 | 356 | 669 | 2,809 | 603 | 225 | 0 | 0 | - | 2,420 | 2,505 | |
75 |
2,992 | 356 | 669 | 2,809 | 603 | 225 | 0 | 0 | - | 2,420 | 2,505 | |
65/66B |
1,471 | 8,631 | 13,131 | 11,824 | 13,113 | 8,980 | 4,327 | 11,826 | 2,330 | 2,530 | 3,596 | |
65 |
1,471 | 8,631 | 13,131 | 11,824 | 13,113 | 8,980 | 4,327 | 11,826 | 2,330 | 2,530 | 3,596 | |
9903 |
118,610 | 62,685 | 24,358 | 27,232 | 48,469 | 13,896 | 9,892 | 16,933 | 8,401 | 8,437 | 8,378 | |
67/77 |
34,751 | 26,537 | 9,122 | 9,094 | 15,652 | 7,586 | 7,755 | 9,629 | 2,912 | 2,902 | 4,500 | |
9904 |
83,859 | 36,148 | 15,236 | 18,138 | 32,817 | 6,310 | 2,136 | 7,304 | 5,489 | 5,536 | 3,878 | |
9905 |
83,859 | 36,148 | 15,236 | 18,138 | 32,817 | 6,310 | 2,136 | 7,304 | 5,489 | 5,536 | 3,878 | |
| Appropriation of the result | ||||||||||||
9906 |
179,697 | 113,485 | 94,984 | 79,748 | 61,610 | 28,794 | 22,484 | 20,348 | 13,043 | 7,554 | 3,878 | |
14P |
95,838 | 77,337 | 79,748 | 61,610 | 28,794 | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | 1,860 | |
694/7 |
17,647 | 17,647 | 17,647 | - | - | - | - | - | - | - | - | |
694 |
17,647 | 17,647 | 17,647 | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||
The notes to these accounts have 7 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 18-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 18-06-2026 | 2026-00171599 | |
| 31-12-2024 | micro format | 03-07-2025 | 2025-00223650 | |
| 31-12-2023 | micro format | 01-07-2024 | 2024-00196055 | |
| 31-12-2022 | micro format | 30-06-2023 | 2023-00178339 | |
| 31-12-2021 | micro format | 21-07-2022 | 2022-20218591 | |
| 31-12-2020 | micro format | 28-06-2021 | 2021-27100453 | |
| 31-12-2019 | micro format | 25-06-2020 | 2020-20900420 | |
| 31-12-2018 | micro format | 28-08-2019 | 2019-58500498 | |
| 31-12-2017 | micro format | 22-08-2018 | 2018-48600125 | |
| 31-12-2016 | abbreviated format | 29-08-2017 | 2017-53300295 | |
| 31-12-2015 | abbreviated format | 05-08-2016 | 2016-40600084 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 123,220 | 82,556 | 48,603 | 39,727 | 94,811 | 35,974 | 14,424 | 29,470 | 11,443 | 9,053 | - | ||
| 89,991 | 47,745 | 27,020 | 21,617 | 66,649 | 19,633 | 2,342 | 8,016 | 6,201 | 6,041 | - | ||
| 18,961 | 17,200 | 10,318 | 14,046 | 500 | 51,488 | 2,500 | 0 | 616 | 1,518 | - | ||
| -3,200 | 58,912 | -1,954 | -16,139 | 17,030 | 4,801 | 10,675 | - | - | - | - | ||
| 149,416 | 93,983 | 79,313 | 80,258 | 72,687 | 6,539 | 38,394 | 38,552 | 30,537 | 24,952 | 11,928 | ||
| 55.3% | 53.0% | 54.0% | 69.4% | 60.6% | 35.5% | 36.4% | 38.8% | 31.6% | 27.6% | 15.3% | ||
| 2.01 | 1.93 | 1.97 | 2.86 | 2.40 | 1.08 | 1.54 | 1.63 | 1.45 | 1.37 | 1.18 | ||
| 2.01 | 1.93 | 1.97 | 2.86 | 2.40 | 1.08 | 1.29 | 1.63 | 1.36 | 1.20 | 1.18 | ||
| 0.81 | 0.89 | 0.85 | 0.44 | 0.65 | 1.81 | 1.75 | 1.58 | 2.16 | 2.63 | 5.55 | ||
| 45.9% | 31.6% | 15.9% | 18.5% | 41.0% | 13.4% | 5.2% | 18.8% | 17.5% | 21.3% | 32.5% | ||
| 25.4% | 16.8% | 8.6% | 12.8% | 24.8% | 4.8% | 1.9% | 7.3% | 5.5% | 5.9% | 5.0% | ||
| 83.78 | 9.56 | 3.70 | 3.36 | 7.23 | - | - | - | - | - | - |
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| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €15,000 | €10,318 | €14,046 | - |
| Financial fixed assets | - | €2,200 | - | - | €500 |
| €6,132 | €11,597 | €11,784 | €3,479 | €33,832 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on AVCI
The operating result for 2025 is 65% higher than in 2024 and the highest since 2015. It is the third rise in a row, after the fall in 2022.
Debt's share of the balance-sheet total falls from 47.0% to 44.7%. Equity and debt are higher.