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AVCIM

Active Private limited companyfounded 2009active for 17 yearsIndustrieweg 27 a, 3720 KortessemKBO/BCE: BE 0809.949.307

Lifetime

17 annual accounts with figures on one time axis
peak €256,020 (2014)
€45,063▼ 19.6%
lowest -€10,068 (2017)
€21,748▲ 153%
peak €184,210 (2025)
€184,210▲ 13.4%
€224,813▼ 26.4%
peak 7.3 FTE (2014)
-not published
Board1 name since 2021
1 director
Documentsfilings and deeds
18-06-202643 days before the deadline
2025micro format
Gross margin from €56,017 to €45,063Result from €8,612 to €21,748Equity from €162,462 to €184,210Debts from €305,415 to €224,813Cash from €6,655 to €8,743

Key points

from the 2025 annual accounts

Turnover

≈ €270,000 estimated

The micro format states no turnover.

Liquidity

3.60 was 2.03 in 2024

Short-term debts fell from €125,156 to €55,829.

Filings

17 annual accounts since 2009
AprilJune31 JulyOctober2010201520202025

Two of the last ten came late. The 2016 accounts came latest: 29 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 34,691 companies had the same profile as AVCIM has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 34,691 companies, not a prediction for AVCIM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0809949307
1 director resigning, 1 reappointment Resignation: · Reappointment: (director) · Permanent representative: · General meeting of 26-10-2023 · Gazette deed
Registered office moved from Hasselt to Kortessem New registered office: Industrieweg 27/A-3720 KORTESSEM · Previous registered office: Paalsteenstraat 103, 3500 Hasselt · General meeting of 05-09-2019 · Gazette deed
Registered office moved within Hasselt New registered office: Paalsteenstraat 103, 3500 Hasselt · Previous registered office: Kuringersteenweg 198 bus 1, 3500 Hasselt · General meeting of 01-02-2017 · Gazette deed
All 29 events

Comparable companies

same main activity, similar in size and age
Company
AVCIM Kortessem €409,023 €45,063 45.0% -
EVENINVEST Dilbeek €369,023 €52,235 43.3% -
VDC LIMBURG Heusden-Zolder €357,241 €41,475 16.1% -
Den Roover Geert Herk-de-Stad €363,560 €60,647 47.7% -
STUKADAN Herk-de-Stad €346,419 €60,871 86.7% -
A&G Algemene Bouwonderneming Heusden-Zolder €307,758 €45,037 27.5% -
WINAND VOETS VOOR GYPROCWERKEN Tongeren-Borgloon €328,389 €63,840 -9.2% -

These companies have the same main activity as AVCIM: plastering work (NACE 43310). They are comparable in size and age: total assets between €308,000 and €369,000, founded between 2006 and 2011.

Official details

Source: KBO
Status
Active since 20-02-2009Normal situation
Activity
Plastering workNACE 43310and 1 other
Establishment unit
2.177.914.4723720 Kortessem, since 20-02-2009
Financial year end
31 December
Peppol
Reachable since 12-12-2024
Company details

Annual accounts 2025

€409,023▼ 12.6%
Filing
Filed on 18-06-2026, 43 days before the end of the filing period
Financials

Insights on AVCIM

AVCIM files the micro format. That format states no turnover. The gross margin rose from €19,632 in 2009 to €45,063 in 2025.

The balance sheet grew most from 2015 to 2016 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about AVCIM

What is the company number of AVCIM?
The company number of AVCIM is 0809.949.307. The VAT number is the same number with BE in front: BE 0809.949.307.
Where is AVCIM based?
The registered office is at Industrieweg 27 a, 3720 Kortessem.Company details
What does AVCIM do?
According to the KBO register, the main activity is plastering work (NACE 43310).
What is the legal form of AVCIM?
AVCIM is a private limited company (BV).
When was AVCIM founded?
AVCIM was founded on 20-02-2009.
Is AVCIM still active?
Yes, AVCIM is an active enterprise in the KBO register.
What is the turnover of AVCIM?
The turnover in financial year 2025 is ≈ €270,000. This figure is estimated from the gross margin of €45,063 and 88 comparable companies (NACE 433). It probably lies between €190,000 and €450,000.Financials
Is AVCIM profitable?
In financial year 2025, AVCIM made a profit of €21,748.
Where can I find the annual accounts of AVCIM?
AVCIM filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of AVCIM due?
AVCIM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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