AVDD
ActiveSummary
AVDD has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €788,286 and a net result of €198,711. Equity is growing by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 92% of 7081 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability98▲+21
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65,000 at 30 days acceptable
Liquidity ample (current ratio 7.38 against 19.27 in 2024; short-term debt: 6.8% and cash: 5.1% of total assets), and 6.8% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
93.2%
Return on assets
23.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
63 d early
2024
35 d early
2023
29 d late
2022
11 d early
2021
26 d late
2020
36 d early
2019
23 d 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 16 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€788,286▲ 33.7%
2024 · €589,575
Total assets
€845,733▲ 38.5%
2024 · €610,614
Net result
€198,711▲ 392%
2024 · €40,422
Working capital
€366,436▼ 4.7%
2024 · €384,397
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€145,246▲ 4.1%€293,804▲ 102%€63,707▼ 78.3%€57,395▼ 9.9%€249,117▲ 334%
Net result€106,232▼ 0.6%€194,928▲ 83.5%€38,251▼ 80.4%€40,422▲ 5.7%€198,711▲ 392%
Equity€660,488▲ 19.2%€855,416▲ 29.5%€862,064▲ 0.8%€589,575▼ 31.6%€788,286▲ 33.7%
Total assets€710,082▼ 0.7%€925,644▲ 30.4%€922,869▼ 0.3%€610,614▼ 33.8%€845,733▲ 38.5%
Debt€49,594▼ 69.1%€70,228▲ 41.6%€60,806▼ 13.4%€21,039▼ 65.4%€57,447▲ 173%
Working capital€603,868▲ 14.5%€806,413▲ 33.5%€649,844▼ 19.4%€384,397▼ 40.8%€366,436▼ 4.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2025 Net result +392% on 2024. Cause not known from the registers.
- 2023 Net result -80% on 2022. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 334% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €845,733
Fixed assets
€421,851 ▲ 106%
Current assets
€423,883 ▲ 4.5%
Equity and liabilities €845,733
Equity
€788,286 ▲ 33.7%
Debt
€57,447 ▲ 173%
Debt's share of the balance-sheet total rises from 3.4% to 6.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€255,694▲
2024 · €64,437
Cash flow
€205,288▲
2024 · €47,464
Current ratio
7.38▼
2024 · 19.27
Debt to equity
0.07▲
2024 · 0.04
ROE
25.2%▲
2024 · 6.9%
ROA
23.5%▲
2024 · 6.6%
Interest coverage
177.56▲
2024 · 85.28
Debt ≤ 1 year
€57,447▲
2024 · €21,039
Income taxes
€68,498▲
2024 · €21,371
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,792 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 17,792 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,065 | €7,617 | €7,617 | €7,042 | €6,577 | ▼ 6.6% |
| Other operating charges640/8 | €700 | €1,145 | €1,373 | €1,605 | €1,852 | ▲ 15.4% |
| Non-recurring operating charges66A | - | - | - | €41 | €0 | ▼ 100% |
| Gross operating margin9900 | €152,010 | €302,565 | €72,696 | €66,083 | €257,545 | ▲ 290% |
| Operating profit (loss)9901 | €145,246 | €293,804 | €63,707 | €57,395 | €249,117 | ▲ 334% |
| Financial income75/76B | €8,177 | €432 | €358 | €5,153 | €19,533 | ▲ 279% |
| Recurring financial income75 | €8,177 | €432 | €358 | €5,153 | €19,533 | ▲ 279% |
| Financial charges65/66B | €2,844 | €932 | €428 | €756 | €1,440 | ▲ 90.6% |
| Recurring financial charges65 | €2,844 | €932 | €428 | €756 | €1,440 | ▲ 90.6% |
| Profit (loss) for the period before taxes9903 | €150,578 | €293,304 | €63,637 | €61,793 | €267,209 | ▲ 332% |
| Income taxes67/77 | €44,346 | €98,376 | €25,386 | €21,371 | €68,498 | ▲ 221% |
| Profit (loss) for the period9904 | €106,232 | €194,928 | €38,251 | €40,422 | €198,711 | ▲ 392% |
| Profit (loss) for the period to be appropriated9905 | €106,232 | €194,928 | €38,251 | €40,422 | €198,711 | ▲ 392% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €710,082 | €925,644 | €922,869 | €610,614 | €845,733 | ▲ 38.5% |
| Fixed assets21/28 | €56,620 | €49,003 | €212,220 | €205,178 | €421,851 | ▲ 106% |
| Tangible fixed assets22/27 | €56,620 | €49,003 | €41,386 | €34,344 | €27,767 | ▼ 19.2% |
| Furniture and vehicles24 | €56,620 | €49,003 | €41,386 | €34,344 | €27,767 | ▼ 19.2% |
| Financial fixed assets28 | - | - | €170,833 | €170,833 | €394,083 | ▲ 131% |
| Current assets29/58 | €653,463 | €876,641 | €710,650 | €405,437 | €423,883 | ▲ 4.5% |
| Amounts receivable after more than one year29 | €20,000 | €23,000 | €90,000 | €377,153 | €379,533 | ▲ 0.6% |
| Other amounts receivable291 | €20,000 | €23,000 | €90,000 | €377,153 | €379,533 | ▲ 0.6% |
| Amounts receivable within one year40/41 | €71,793 | €76,390 | €53,169 | €16,379 | €1,217 | ▼ 92.6% |
| Trade receivables40 | €71,784 | €76,380 | €35,730 | €86 | €1,210 | ▲ 1,315% |
| Other amounts receivable41 | €9 | €10 | €17,439 | €16,294 | €7 | ▼ 100.0% |
| Current investments50/53 | €550,879 | €100 | €100 | €100 | €100 | = |
| Cash at bank and in hand54/58 | €10,641 | €776,988 | €567,218 | €11,641 | €42,833 | ▲ 268% |
| Deferred charges and accrued income490/1 | €150 | €163 | €163 | €163 | €200 | ▲ 23.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €710,082 | €925,644 | €922,869 | €610,614 | €845,733 | ▲ 38.5% |
| Equity10/15 | €660,488 | €855,416 | €862,064 | €589,575 | €788,286 | ▲ 33.7% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €648,088 | €843,016 | €849,664 | €577,175 | €775,886 | ▲ 34.4% |
| 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 | = |
| Distributable reserves133 | €646,228 | €841,156 | €847,804 | €575,315 | €774,026 | ▲ 34.5% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €49,594 | €70,228 | €60,806 | €21,039 | €57,447 | ▲ 173% |
| Amounts payable within one year42/48 | €49,594 | €70,228 | €60,806 | €21,039 | €57,447 | ▲ 173% |
| Current portion of amounts payable after more than one year42 | €0 | - | - | - | - | - |
| Financial debts43 | €0 | - | - | - | - | - |
| Other loans439 | €0 | - | - | - | - | - |
| Trade debts44 | €1,894 | €9,250 | €5,110 | €815 | €306 | ▼ 62.4% |
| Suppliers440/4 | €1,894 | €9,250 | €5,110 | €815 | €306 | ▼ 62.4% |
| Advances received on contracts in progress46 | - | - | €2,420 | €0 | - | - |
| Taxes, remuneration and social security45 | €19,330 | €55,861 | €51,744 | €7,957 | €29,810 | ▲ 275% |
| Taxes450/3 | €15,330 | €55,861 | €51,744 | €7,957 | €29,810 | ▲ 275% |
| Remuneration and social security454/9 | €4,000 | €0 | - | - | - | - |
| Other amounts payable47/48 | €28,370 | €5,117 | €1,532 | €12,267 | €27,330 | ▲ 123% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €106,232 | €194,928 | €38,251 | €40,422 | €198,711 | ▲ 392% |
| + Depreciation and write-downs630 | €6,065 | €7,617 | €7,617 | €7,042 | €6,577 | ▼ 6.6% |
| Operating cash flow (approximation) | €112,297 | €202,544 | €45,868 | €47,464 | €205,288 | ▲ 333% |
| Investment in fixed assets (approximation) | - | €0 | -€170,833 | €0 | -€223,250 | - |
| Change in cash | - | €766,347 | -€209,771 | -€555,576 | €31,192 | ▲ 106% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
17-01
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €38,251 ▼80.4%
Net result drops to €38,251, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 13.18
Current ratio from 4.28 to 13.18; short-term debt falls from €160,505 to €49,594.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €500,000Eq €554,256 ▲23.9%
3 profitable years in a row build equity to €554,256.
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
Show earlier events
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
06-06
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2015
02-06
State Gazette act
General meeting · Director appointment
Permanent representative · Mandate compensation
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Kortrijk · 1 establishment unit since 2013
Ground area
505 m²
Building footprint
124 m²
Volume, LiDAR
721 m³
Parcel 34352A0082/00V008, Flanders · tallest building 12.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
AVDD
since 20132.217.847.689
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34352A0082/00V008 | Flanders | 505 m² | 1 · 124 m² | 12.6 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 13,417 companies in sector 73300 we hold annual accounts for 6,899. 3,443 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded25-02-2013
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
73200Market research and public opinion polling
E-invoicing
Reachable via Peppol
Peppol ID
0208:0521920277
Also
9925:BE0521920277
Registered
13-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.