Skip to content

AVCIM

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

AVCIM has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €184,210 and a net result of €21,748. Equity is growing by about 6% per year across the filed financial years. Its solvency ranks better than 48% of 34,718 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Plastering work
NACE 43310
1 site
Size
€409,023total assets 2025
Equity
€184,210
Profit
€21,748
Turnover not published (micro format)
Financial health
87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
2025 accounts 43 days early1 of 4 deeds summarised
Why 87raises riskSector: Specialised construction activities (NACE 43)Liquidity: current ratio 3.60, cash €8,743lowers riskFounded in 2009Figures for financial year 2025 (filed 18-06-2026)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 49% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 70+10
equity 45.0% of total assets
Liquidity 50+9
short-term debt 13.6% · cash 2.1%
Profitability 72+36
return on assets 5.3%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,639 companies, NACE 43, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025highest value 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026lowest value 08-2026: 0.3%● unchanged vs 07-2026lowest value 09-2026: 0.3%● unchanged vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value
Credit of up to €16,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.6, compared with 2.03 in 2024, above the usual 1.5; short-term debt: 13.6% and cash: 2.1% of total assets), but 55% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 48% on solvency, 44% on liquidity, 43% on profitability and 60% on growth.

The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 2009
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 3.60, cash €8,743
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 18-06-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
43 days early
2024
38 days early
2023
30 days early
2022
32 days early
2021
25 days early
2020
40 days early
2019
36 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 35 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Highest result from 2018 to 2025net €21,748 ▲153%
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

Equity
€184,210▲ 13.4%
2024 · €162,462
Total assets
€409,023▼ 12.6%
2024 · €467,876
Net result
€21,748▲ 153%
2024 · €8,612
Working capital
€145,034▲ 12.9%
2024 · €128,411
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

After the dip in 2022 the operating result has climbed three years in a row; 2025 is 14% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€36,501 2025 Net result€21,748 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€10,394-€33,638€29,546▼ 12.2%€10,258▼ 65.3%-€7,255€27,187€32,154▲ 18.3%€36,501▲ 13.5%
Net result€15,002-€21,008▲ 40.0%€12,115within the sector's middle half▼ 42.3%€14,832within the sector's middle half▲ 22.4%-€6,113below the sector's middle half€5,122within the sector's middle half€8,612within the sector's middle half▲ 68.2%€21,748within the sector's middle half▲ 153%
Equity€106,885-€127,893▲ 19.7%€140,008above the sector's middle half▲ 9.5%€154,840above the sector's middle half▲ 10.6%€148,728above the sector's middle half▼ 3.9%€153,849above the sector's middle half▲ 3.4%€162,462above the sector's middle half▲ 5.6%€184,210above the sector's middle half▲ 13.4%
Total assets€211,532-€217,011▲ 2.6%€443,804above the sector's middle half▲ 105%€512,518above the sector's middle half▲ 15.5%€399,902above the sector's middle half▼ 22.0%€425,867above the sector's middle half▲ 6.5%€467,876above the sector's middle half▲ 9.9%€409,023above the sector's middle half▼ 12.6%
Debt€104,647-€89,118▼ 14.8%€303,795▲ 241%€357,677▲ 17.7%€251,174▼ 29.8%€272,017▲ 8.3%€305,415▲ 12.3%€224,813▼ 26.4%
Working capital€110,241-€129,798▲ 17.7%€128,934above the sector's middle half▼ 0.7%€138,971above the sector's middle half▲ 7.8%€127,902above the sector's middle half▼ 8.0%€127,806above the sector's middle half▼ 0.1%€128,411above the sector's middle half▲ 0.5%€145,034above the sector's middle half▲ 12.9%
Solvency50.5%-58.9%▲ 8.4pp31.5%within the sector's middle half▼ 27.4pp30.2%within the sector's middle half▼ 1.3pp37.2%within the sector's middle half▲ 7.0pp36.1%within the sector's middle half▼ 1.1pp34.7%within the sector's middle half▼ 1.4pp45.0%within the sector's middle half▲ 10.3pp
Current ratio2.23-2.52▲ 0.292.61within the sector's middle half▲ 0.091.96within the sector's middle half▼ 0.653.62above the sector's middle half▲ 1.662.58within the sector's middle half▼ 1.032.03within the sector's middle half▼ 0.563.60above the sector's middle half▲ 1.57
Return on assets (ROA)7.1%-9.7%▲ 2.6pp2.7%within the sector's middle half▼ 7.0pp2.9%within the sector's middle half▲ 0.2pp-1.5%below the sector's middle half▼ 4.4pp1.2%within the sector's middle half▲ 2.7pp1.8%within the sector's middle half▲ 0.6pp5.3%within the sector's middle half▲ 3.5pp
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €409,023
Fixed assets €208,160 ▼ 2.9%
Current assets €200,863 ▼ 20.8%
Equity and liabilities €409,023
Equity €184,210 ▲ 13.4%
Debt €224,813 ▼ 26.4%
Debt's share of the balance-sheet total falls from 65.3% to 55.0%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€42,650▲
2024 · €38,246
Cash flow
€27,898▲
2024 · €14,704
Debt to equity
1.22▼
2024 · 1.88
ROE
11.8%▲
2024 · 5.3%
Interest coverage
5.64▲
2024 · 1.83
Debt ≤ 1 year
€55,829▼
2024 · €125,156
Debt > 1 year
€168,984▼
2024 · €180,259
Income taxes
€7,653▲
2024 · €4,001
Staff costs
€193▼
2024 · €398
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,695 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95.3% still going

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 34,695 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€467,876€409,023▼
Fixed assets21/28€214,310€208,160▼
Tangible fixed assets22/27€212,460€206,310▼
Land and buildings22€210,406€205,255▼
Furniture and vehicles24€2,053€1,055▼
Financial fixed assets28€1,850€1,850=
Current assets29/58€253,567€200,863▼
Amounts receivable within one year40/41€246,912€192,120▼
Trade receivables40€132,617€106,098▼
Other amounts receivable41€114,295€86,022▼
Cash at bank and in hand54/58€6,655€8,743▲
Equity and liabilities
Total equity and liabilities10/49€467,876€409,023▼
Equity10/15€162,462€184,210▲
Contributions10/11€18,600€18,600=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14€142,002€163,750▲
Amounts payable17/49€305,415€224,813▼
Amounts payable after more than one year17€180,259€168,984▼
Financial debts170/4€180,259€168,984▼
Amounts payable within one year42/48€125,156€55,829▼
Current portion of amounts payable after more than one year42€11,106€11,275▲
Financial debts43€15,551-
Credit institutions430/8€15,551-
Trade debts44€97,841€39,626▼
Suppliers440/4€97,841€39,626▼
Taxes, remuneration and social security45€658€4,500▲
Taxes450/3€658€1,200▲
Remuneration and social security454/9-€3,300
Other amounts payable47/48-€428
Income statement Code20242025
Remuneration, social security and pensions62€398€193▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,092€6,150▲
Other operating charges640/8€17,373€2,220▼
Gross operating margin9900€56,017€45,063▼
Operating profit (loss)9901€32,154€36,501▲
Financial income75/76B€1,390€460▼
Recurring financial income75€1,390€460▼
Financial charges65/66B€20,931€7,559▼
Recurring financial charges65€20,931€7,559▼
Profit (loss) for the period before taxes9903€12,613€29,401▲
Income taxes67/77€4,001€7,653▲
Profit (loss) for the period9904€8,612€21,748▲
Profit (loss) for the period to be appropriated9905€8,612€21,748▲
Appropriation of the result
Profit (loss) to be appropriated9906€142,002€163,750▲
Profit (loss) brought forward from the previous period14P€133,389€142,002▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€5,523-€1,895€398€193▼ 51.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,573€11,240€4,084€5,818€5,818€5,722€6,092€6,150▲ 0.9%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€47,301-----
Other operating charges640/8---€2,125€4,074€3,914€17,373€2,220▼ 87.2%
Gross operating margin9900€31,887€47,873€66,072€71,025€2,637€38,717€56,017€45,063▼ 19.6%
Operating profit (loss)9901-€10,394€33,638€29,546€10,258-€7,255€27,187€32,154€36,501▲ 13.5%
Financial income75/76B---€25,753€9,736€505€1,390€460▼ 66.9%
Recurring financial income75€923€6,246€2,166€25,753€9,736€505€1,390€460▼ 66.9%
Financial charges65/66B---€13,328€8,150€16,077€20,931€7,559▼ 63.9%
Recurring financial charges65€17,073€4,644€12,055€13,328€8,150€16,077€20,931€7,559▼ 63.9%
Profit (loss) for the period before taxes9903€27,946€35,240€19,657€22,684-€5,669€11,615€12,613€29,401▲ 133%
Income taxes67/77€12,944€14,232€7,542€7,852€444€6,494€4,001€7,653▲ 91.3%
Profit (loss) for the period9904€15,002€21,008€12,115€14,832-€6,113€5,122€8,612€21,748▲ 153%
Profit (loss) for the period to be appropriated9905€15,002€21,008€12,115€14,832-€6,113€5,122€8,612€21,748▲ 153%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€211,532€217,011€443,804€512,518€399,902€425,867€467,876€409,023▼ 12.6%
Fixed assets21/28€11,590€1,850€234,766€228,948€223,130€217,408€214,310€208,160▼ 2.9%
Tangible fixed assets22/27€11,240-€232,916€227,098€221,280€215,558€212,460€206,310▼ 2.9%
Land and buildings22---€225,861€220,710€215,558€210,406€205,255▼ 2.4%
Plant, machinery and equipment23---€1,237€570----
Furniture and vehicles24------€2,053€1,055▼ 48.6%
Financial fixed assets28€350€1,850€1,850€1,850€1,850€1,850€1,850€1,850=
Current assets29/58€199,942€215,161€209,037€283,570€176,772€208,459€253,567€200,863▼ 20.8%
Amounts receivable within one year40/41€190,123€190,019€203,950€253,634€170,425€182,111€246,912€192,120▼ 22.2%
Trade receivables40---€190,667€99,353€98,322€132,617€106,098▼ 20.0%
Other amounts receivable41---€62,967€71,071€83,789€114,295€86,022▼ 24.7%
Current investments50/53----€500----
Cash at bank and in hand54/58€9,820€25,142€5,088€29,936€5,847€6,347€6,655€8,743▲ 31.4%
Deferred charges and accrued income490/1-----€20,000---
Equity and liabilities
Total equity and liabilities10/49€211,532€217,011€443,804€512,518€399,902€425,867€467,876€409,023▼ 12.6%
Equity10/15€106,885€127,893€140,008€154,840€148,728€153,849€162,462€184,210▲ 13.4%
Contributions10/11€18,600€18,600-€18,600€18,600€18,600€18,600€18,600=
Reserves13€1,860€1,860€1,860€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1---€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311---€1,860€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14€86,425€107,433€119,548€134,380€128,268€133,389€142,002€163,750▲ 15.3%
Amounts payable17/49€104,647€89,118€303,795€357,677€251,174€272,017€305,415€224,813▼ 26.4%
Amounts payable after more than one year17€14,945€3,755€223,692€213,079€202,304€191,365€180,259€168,984▼ 6.3%
Financial debts170/4---€213,079€202,304€191,365€180,259€168,984▼ 6.3%
Amounts payable within one year42/48€89,702€85,363€80,103€144,599€48,870€80,652€125,156€55,829▼ 55.4%
Current portion of amounts payable after more than one year42---€10,613€10,775€10,939€11,106€11,275▲ 1.5%
Financial debts43----€20,831€23,317€15,551--
Credit institutions430/8----€20,831€23,317€15,551--
Trade debts44€58,439€47,912€47,443€108,593€5,263€46,396€97,841€39,626▼ 59.5%
Suppliers440/4---€108,593€5,263€46,396€97,841€39,626▼ 59.5%
Taxes, remuneration and social security45---€14,853€2,002-€658€4,500▲ 584%
Taxes450/3---€14,832--€658€1,200▲ 82.4%
Remuneration and social security454/9---€20€2,002--€3,300-
Other amounts payable47/48---€10,539€10,000--€428-
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€15,002€21,008€12,115€14,832-€6,113€5,122€8,612€21,748▲ 153%
+ Depreciation and write-downs630€14,573€11,240€4,084€5,818€5,818€5,722€6,092€6,150▲ 0.9%
Operating cash flow (approximation)€29,575€32,248€16,199€20,650-€294€10,843€14,704€27,898▲ 89.7%
Investment in fixed assets (approximation)--€1,500-€237,000€0€0€0-€2,994€0-
Change in cash-€15,322-€20,054€24,848-€24,089€500€307€2,088▲ 579%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 17 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 18-06-2026 2026-00190188
31-12-2024 micro format 23-06-2025 2025-00173371
31-12-2023 micro format 01-07-2024 2024-00202105
31-12-2022 micro format 29-06-2023 2023-00185108
31-12-2021 micro format 06-07-2022 2022-20145098
31-12-2020 micro format 21-06-2021 2021-22400565
31-12-2019 micro format 25-06-2020 2020-20900413
31-12-2018 micro format 28-06-2019 2019-25600597
31-12-2017 micro format 22-08-2018 2018-48600123
31-12-2016 abbreviated format 29-08-2017 2017-53300287

Show all 17 filings

Similar companies · same sector, comparable size

Of the 3,973 active companies whose main activity is plastering work (NACE 43310), figures are known for 1,751. 1,395 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, last change in 2023
AVCI Durmus Ali
Director (not named in the articles)
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
3 of this company's 4 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

1 person since 2023, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
AVCI Durmus Ali
  • Director, until 06-11-2023
  • Director (not named in the articles), since before 06-11-2023
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 06-11-2023 Converted to unavailable equity · €20,460

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

AVCIM was incorporated on 20 February 2009.1 Total assets rose from €211,532 in 2018 to €409,023 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
18-06
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial Highest result from 2018 to 2025net €21,748 ▲153%
Operating result €36,501, net result €21,748, both a record.
23-06
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
01-07
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
31-12
Financial Back to profitnet €5,122
Net result €5,122 after one loss-making year.
31-12
Financial Equity above €150,000equity €153,849 ▲3.4%
Equity rises from €148,728 to €153,849.
06-11
Gazette deed Resignation: AVCI Durmus Ali (director)
Reappointment: AVCI Durmus Ali (director) · Permanent representative: AVCI Durmus Ali · Amendment of the articles10 facts ▸
  • General meeting, 26-10-2023
  • Amendment of the articles (2 times)
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Reserve release, “opheffen en beschikbaar maken voor uitkering, onmiddellijk” (deed in Dutch)
  • Power of attorney, Annelies Op’t eynde
  • Director resignation, AVCI Durmus Ali (director)
  • Director reappointment, AVCI Durmus Ali (director (not named in the articles))
  • Director discharge, AVCI Durmus Ali
  • Permanent representative, AVCI Durmus Ali
  • Registered office clause, “3720 Kortessem,Industrieweg 27A” (deed in Dutch)
29-06
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
31-12
Financial Weakest financial yearnet -€6,113
Net result drops to -€6,113, the lowest in the series; recovery starts the following year.
06-07
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
31-12
Financial Equity above €150,000equity €154,840 ▲10.6%
A profit in every financial year since 2018 builds equity to €154,840.
21-06
NBB filing Annual accounts filed
financial year 2020 · micro format
Show earlier events
2020
25-06
NBB filing Annual accounts filed
financial year 2019 · micro format
2019
28-06
NBB filing Annual accounts filed
financial year 2018 · micro format
2018
22-08
NBB filing Annual accounts filed
financial year 2017 · micro format · 22 days late
2017
29-08
NBB filing Annual accounts filed
financial year 2016 · abbreviated format · 29 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 17 annual accounts filed, the latest 10 are here; all 17 are under Financials.
1 of 4 deeds read
About the unread acts

Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded20-02-2009
Financial year end31-12
Activities, NACEBEL 2025
43310Plastering work
43341Painting of buildings
E-invoicing
Reachable via Peppol
Peppol ID 0208:0809949307
Also 9925:BE0809949307
Registered 12-12-2024

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 26 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0809.949.307

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Kortessem · 1 establishment unit since 2009
registered office establishment approximate The establishment unit on the map
Ground area
2.1 ha
Building footprint
282 m²
Building volume
1,439 m³
Parcel 73040B0321/00E000, Flanders · tallest building 9.1 m. Linked by address, not a title deed.
1 establishment unit
AVCIM
Industrieweg 27 a, 3720 KortessemPlastering work
since 2009unit no. 2.177.914.472
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
73040B0321/00E000 Flanders 2.1 ha 1 · 282 m² 9.1 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Het optrekken van de ruwbouw van gebouwen en de structuur van civieltechnische werken,inclusief het gieten van gewapend beton en het…” (deed in Dutch)
33 activities (deed in Dutch)
  1. Het optrekken van de ruwbouw van gebouwen en de structuur van civieltechnische werken,inclusief het gieten van gewapend beton en het uitvoeren van metselwerken
  2. Het optrekken van de ruwbouw van individuele huizen
  3. Het optrekken van de ruwbouw van gebouwen met celstructuur,appartementsgebouwen,kantoorgebouwen,enzovoort
  4. De bouw van daken
  5. Het plaatsen van dakbedekking van ongeacht welk materiaal
  6. Het plaatsen van dakgoten en regenafvoerbuizen
  7. Onderneming voor het bouwen van funderingen,inclusief heien
  8. Onderneming voor het uitvoeren van metselwerk
  9. Onderneming voor het plaatsen van chape
  10. Onderneming voor het uitvoeren van voegwerken
  11. Onderneming voor de installatie van elektrische bedrading en toebehoren
  12. Onderneming voor de installatie van elektrische verwarmingsinstallaties
  13. Het aanbrengen in gebouwen en andere bouwwerken van: apparatuur (inclusief regelapparatuur) en leidingen voor verwarming,ventilatie,koeling en klimaatregeling
  14. De installatie van gebouwen en andere bouwwerken van: waterleidingen,artikelen en apparaten voor sanitair gebruik,sprinklerinstallaties,gasaansluitingen,leidingen voor diverse gassen
  15. Het aanbrengen van pleister en stukadoorswerk (inclusief het aanbrengen van een hechtgrond) aan de binnen- of buitenzijde van gebouwen en andere bouwwerken
  16. Het aanbrengen van tussenwanden van gipsplaten
  17. Het aanbrengen in gebouwen en andere bouwwerken van: vloer of wandtegels van keramische stoffen,beton of gehouwen steen,vloerbedekking en wandbekleding van terrazzo,marmer,graniet of lei
  18. Het aanbrengen in gebouwen en andere bouwwerken van: parket en andere houtenvloerbedekking,tapijt en vloerbedekking van linoleum,rubber of kunststof
  19. Het plaatsen van behang
  20. Het schilderen van gebouwen
  21. Het schilderen van civieltechnische werken
  22. Het behandelen van muren met vochtwerende en waterafstotende producten
  23. Het schilderen van metalen constructies
  24. De installatie van binnendeuren,scheidingswanden enzovoort van glas
  25. Het reinigen van nieuwe gebouwen na beëindiging van de bouwwerkzaamheden
  26. Projectontwikkeling voor de nieuwbouw van individuele gebouwen of voor renovatiewerken
  27. Projectontwikkeling voor de bouw van appartementsgebouwen
  28. Projectontwikkeling voor kantoorbouw
  29. De handel in eigen onroerend goed: flatgebouwen,woningen,niet voor bewoning bestemde gebouwen,grond
  30. De verhuur van al dan niet gemeubelde appartementen en huizen
  31. De verhuur van niet residentiële gebouwen zoals kantoorgebouwen,handelspanden,tentoonstellingsruimten,enzovoort
  32. De verhuur per jaar van garageboxen en staanplaatsen voor auto’s
  33. De groothandel in een verscheidenheid van goederen zonder nadere specialisatie

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
AVCIM

deed of 06-11-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Second Wednesday of June at 20:00

deed of 06-11-2023

Oversight and winding up

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Nog in natura voorhanden goederen opzelfde wijze verdeeld, na aanzuivering schulden,lasten,kosten of consignatie nodige sommen en na herstel…” (deed in Dutch)

deed of 06-11-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Bestemming van nettowinst, algemene vergadering” (deed in Dutch)
Other provision: “Schriftelijke volmacht aan ieder ander persoon,al dan niet aandeelhouder,om te vertegenwoordigen en te stemmen, stemrecht,volmacht,agenda en…” (deed in Dutch)
2 more provisions in the deed, see the deed of 06-11-2023

deed of 06-11-2023