Result
€204,432 €204,432
Back in profit in 2025, after a loss of €134,404 in 2024.
AVDP
Lifetime
20 annual accounts with figures on one time axis, 36 filings since 1990peak €1.4m (2021)
€370,201▲ €402,470
lowest -€134,404 (2024)
€204,432▲ €338,836
peak €1.4m (2021)
€1.3m▲ 11.2%
€3.2m▲ 1.8%
peak 1.5 FTE (2012)
-not published
Board5 names since 1991
3 directorsCONSULTANCY A.G. and 2 others
Owners3 names in the annual accounts
Documentsfilings and deeds
28-08-202628 days late
2025financial year
Gross margin from -€32,269 to €370,201Back to profit: €204,432Investments €402,930
Key points
from the 2025 annual accountsInvestments
€402,930 4.4 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 91.5% higher than in 2024.
Filings
36 annual accounts 37 filings since 1990
Nine of the last ten came late. The 2021 accounts came latest: 58 days after the end of the period.
Checked score
94
Excellent
Financially stronger than 50% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 6,998 companies (NACE 68, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.4%▲ +0.1 percentage points vs 07-2025highest value
09-2025: 0.1%▼ -0.3 percentage points vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026
09-2026: < 0.1%▼ -0.2 percentage points vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 28 days late; 1 of the last 3 accounts late
lowers risk
Size: total assets €4.8m
Figures for financial year 2025 (filed on 02-09-2026)
Founded in 1990
Calculation
The band follows from the bankruptcy probability. 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 68, small). It does better than 47% of them on solvency, 28% on liquidity, 52% on profitability and 74% on growth.
The bankruptcy probability was computed on 06-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,984 companies had the same profile as AVDP has now. Each dot stands for 10 companies, two years later.
96.5%
were still trading
2.3%
stopped another way
1.1%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of AVDP itself is lower: < 0.1% within 12 months. It rests on far more data about AVDP than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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% |
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 3,984 companies, not a prediction for AVDP. 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
Credit of up to €120,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.82 (0.9 in 2024), below 1. Short-term debt is 48.6% and cash 7.5% of total assets. 73.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filingsDeviation from the deadline
2025
28 days late
2024
1 day early
2023
29 days late
2022
16 days late
2021
58 days late
2020
31 days late
2019
19 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 26 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 28 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
KV
Ken Vandeput Holding BV
Managing director
- Ken Vandeput Holding 100%equity -€133,251 (2025) · 2025 annual accounts of Ken Vandeput Holding
Recent changes
Environmental permit granted
Het reliëf van de bodem aanmerkelijk wijzigen, Nieuwbouw of aanleggen · Zonhoven
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0440854112
2 directors resigning, 2 reappointments
Resignations: KEN VANDEPUT HOLDING and CONSULTANCY A.G. · Reappointments: KEN VANDEPUT HOLDING (director) and CONSULTANCY A.G. (director) · Permanent representatives: VANDEPUT Ken and VANDEPUT André · General meeting of 04-10-2023 · Gazette deed
Environmental permit granted
Bouwen of herbouwen, Het reliëf van de bodem aanmerkelijk wijzigen, Nieuwbouw of aanleggen · Zonhoven
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| AVDP Hasselt | €4.8m | €370,201 | 26.6% | - |
| P&V Immo Alken | €6.0m | €396,656 | 96.4% | - |
| SANDRA Beveren-Kruibeke-Zwijndrecht | €4.7m | €376,801 | 57.6% | 0 |
| IMMO - MARVIN Brasschaat | €4.4m | €345,831 | 53.7% | 0 |
| Drukkerij Dhondt Waregem | €4.8m | €408,882 | 4.4% | - |
| I2 CONSULTING OFFICE Châtelet | €4.4m | €422,142 | 8.7% | - |
| ROODIMMO Woluwe-Saint-Pierre | €5.8m | €388,837 | 57.9% | - |
These companies have the same main activity as AVDP: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €4.4m and €6m, founded between 1985 and 1992.
Official details
Source: KBO- Status
- Active since 10-05-1990Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203and 4 others
- Joint committees
- 100Auxiliary committee for blue-collar workers
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment units
- 2.048.722.0533511 Hasselt, since 28-06-1990
- 2.260.688.4335570 Beauraing, since 10-01-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 14-10-2025
Annual accounts 2025
- ≈ €410,000estimated
- €4.8m▲ 3.8%
- Employeeson 31-12-2025
- 1
- Filing
- Filed on 28-08-2026
Insights on AVDP
AVDP has existed since 1990. In 2021 the gross margin rose from €1,006 to €1.4m and staff from 0.2 to 0.3 full-time equivalents.
Ken Vandeput Holding holds all the shares. In November 2022, the Official Gazette published the appointment of Consultancy AG NV as managing director.
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 AVDP
- What is the company number of AVDP?
- The company number of AVDP is 0440.854.112. The VAT number is the same number with BE in front: BE 0440.854.112.
- Where is AVDP based?
- The registered office is at Schotelstraat 86, 3511 Hasselt.Company details
- What does AVDP do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of AVDP?
- AVDP is a public limited company (NV).
- When was AVDP founded?
- AVDP was founded on 10-05-1990.
- Is AVDP still active?
- Yes, AVDP is an active enterprise in the KBO register.
- How many employees does AVDP have?
- AVDP had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does AVDP fall under?
- In its 2025 annual accounts, AVDP states joint committees 100 (Auxiliary committee for blue-collar workers) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of AVDP?
- The turnover in financial year 2025 is ≈ €410,000. This figure is estimated from the gross margin of €370,201 and 39 comparable companies (NACE 68203). It probably lies between €390,000 and €510,000.
- Is AVDP profitable?
- In financial year 2025, AVDP made a profit of €204,432.
- Where can I find the annual accounts of AVDP?
- AVDP filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of AVDP due?
- AVDP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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