AVD ACCOUNTING
ActiveAVD ACCOUNTING has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18k and a net result of €55k. Equity is growing by ~41.3% per year across the filed fiscal years. Its solvency ranks better than 11% of 12642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability95▼-5
Solvency32▼-68
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.07 against 13.83 in 2024; short-term debt: 93.2% and cash: 94.5% of total assets), and 93.2% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
6.8%
Return on assets
20.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 12642 sector peers (2025).
NBB · sector comparisonPosition among 12642 sector peers
Solvency
better than 11%
← weakest
strongest →
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 25-05-2026, 67 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
67 d early
2024
30 d early
2023
33 d early
2022
29 d early
2021
27 d early
2020
29 d early
2019
28 d late
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€18k▼ 90.7%
2024 · €193k
2019: €13k
2020: €39k
2021: €66k
2022: €94k
2023: €140k
2024: €193k
2019 → 2025
Total assets
€265k▲ 27.5%
2024 · €207k
2019: €52k
2020: €58k
2021: €96k
2022: €121k
2023: €156k
2024: €207k
2019 → 2025
Net result
€55k▲ 3.6%
2024 · €53k
2019: €9k
2020: €27k
2021: €28k
2022: €29k
2023: €46k
2024: €53k
2019 → 2025
Working capital
€16k▼ 91.4%
2024 · €191k
2019: €-13k
2020: €18k
2021: €49k
2022: €83k
2023: €134k
2024: €191k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€66k-€94k▲ 41.9%€140k▲ 48.4%€193k▲ 37.6%€18k▼ 90.7%
Operating result€39k-€40k▲ 2.4%€63k▲ 56.2%€71k▲ 13.3%€76k▲ 6.8%
Net result€28k-€29k▲ 2.9%€46k▲ 62.0%€53k▲ 15.2%€55k▲ 3.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 7% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €265k
Fixed assets
€2k▼ 19.2%
Current assets
€263k▲ 28.0%
Equity and liabilities €265k
Equity
€18k▼ 90.7%
Debt
€247k▲ 1,561%
The debt ratio rises from 7.2% to 93.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€78k▲
2024 · €75k
Cash flow
€57k▼
2024 · €57k
Solvency
6.8%▼
2024 · 92.8%
Current ratio
1.07▼
2024 · 13.83
Quick ratio
1.07▼
2024 · 13.83
Debt / equity
13.73▲
2024 · 0.08
ROE
308.5%▲
2024 · 27.8%
ROA
20.9%▼
2024 · 25.8%
Interest coverage
21.20▼
2024 · 29.25
Debt
€247k▲
2024 · €15k
Debt ≤ 1 year
€247k▲
2024 · €15k
Income taxes
€17k▲
2024 · €16k
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€207k€265k▲
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€2k€2k▼
Furniture and vehicles24€2k€2k▼
Current assets29/58€205k€263k▲
Amounts receivable within one year40/41€18k€13k▼
Trade receivables40€18k€13k▼
Cash at bank and in hand54/58€187k€250k▲
Equity and liabilities
Total equity and liabilities10/49€207k€265k▲
Equity10/15€193k€18k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€188k€13k▼
Amounts payable17/49€15k€247k▲
Amounts payable within one year42/48€15k€247k▲
Trade debts44€39€821▲
Suppliers440/4€39€821▲
Taxes, remuneration and social security45€14k€15k▲
Taxes450/3€14k€15k▲
Other amounts payable47/48€810€231k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼
Other operating charges640/8€864€822▼
Gross operating margin9900€76k€79k▲
Operating profit (loss)9901€71k€76k▲
Financial income75/76B€1k€180▼
Recurring financial income75€1k€180▼
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€70k€73k▲
Income taxes67/77€16k€17k▲
Profit (loss) for the period9904€53k€55k▲
Profit (loss) for the period to be appropriated9905€53k€55k▲
Appropriation of the result
Profit (loss) to be appropriated9906€188k€243k▲
Profit (loss) brought forward from the previous period14P€135k€188k▲
Profit to be distributed694/7€800€230k▲
Return on contributions (dividend)694€800€230k▲
The notes to these accounts (7 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
25-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2019net €55k ▲3.6%
Operating result €76k, net result €55k, both a record.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €193k ▲37.6%
6 profitable years in a row build equity to €193k.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 9.52
Current ratio from 4.11 to 9.52; short-term debt falls from €27k to €16k.
31-12
Financial
Equity above €100kEq €140k ▲48.4%
5 profitable years in a row build equity to €140k.
02-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 1.98
Current ratio from 0.67 to 1.98; short-term debt falls from €39k to €19k.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Herzele · 1 establishment unit since 2019
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.
Dreefstraat 539552 HerzeleGround area
1,263 m²
Building footprint
248 m²
Volume, LiDAR
1,420 m³
2 parcels, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AVD ACCOUNTING
since 20192.289.163.079
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41008A0160/00M000 | Flanders | 751 m² | 1 · 110 m² | 9.5 m · 2 fl. |
| 41008A0160/00R000 | Flanders | 512 m² | 1 · 137 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
A&F ACCOUNTANTSKANTOOR
BE 0684.601.947
Antwerpen · Eq €18k
DIGITAX SOLUTIONS
BE 0768.666.008
Oudergem · Eq €18k
VAT Point
BE 0742.527.080
Bonheiden · Eq €18k
ASV COMPTA
BE 0761.567.091
Charleroi · Eq €18k
DEBIS & CO
BE 0475.846.861
Meise · Eq €18k
Of 12,173 companies in sector 69201 we hold annual accounts for 7,637. 4,219 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-05-2019
Fiscal year end31-12
Activities, NACEBEL
69201Certified accountants and tax accountants
69202Legal and accounting activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.