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AVDV

Active
Private limited companyfounded 2021active for 5 yearsChazallaan 134, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0772.394.469
Summary

AVDV has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8,306 and a net result of €25,806. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 16% of 21,149 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 09-08-2021 Normal situation
Activity
Computer programming NACE 62100and 1 other
Establishment unit
2.321.172.188 1030 Schaarbeek, since 09-08-2021
Financial year end
31 December
Peppol
Reachable since 21-03-2025

Board and ownership

Board
  • Vanderveken ArnaudDirector · since 09-08-2021

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€37,323
▼ 22.7%
Turnover
≈ €120,000
estimated
Profit
€25,806
▼ 26.7%
Equity
€8,306
▲ 232%
Total assets
€70,919
▲ 26.8%
  • 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLast filed accounts filed 31 days late; 1 of the last 3 accounts latelowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 1.10, cash €57,476Size: total assets €70,919Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 57% of micro companies in computer programming and consultancy (NACE 62)
Financial strength · tick: 2024
Strong
Solvency 37+8
equity 11.7% of total assets
Liquidity 51+1
short-term debt 88.0% · cash 81.0%
Profitability 100=
return on assets 36.4%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (25,913 companies, NACE 62, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: 0.1%▲ +0.1 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 07-2026highest value 09-2026: 0.1%▼ -0.1 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.1 (0.98 in 2024), below the usual 1.5. Short-term debt is 88% and cash 81% of total assets. 88.3% of the assets are financed with debt and provisions.
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 62, micro). It does better than 17% of them on solvency, 32% on liquidity, 82% on profitability and 96% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

Credit check for an amount and term of your choice

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

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

Signals

Six signals.
lowers riskraises risk
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Liquidity: current ratio 1.10, cash €57,476
NBB · annual accounts
lowers risk · Size: total assets €70,919
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 21149 sector peers (2025).
NBB · sector comparison
Position among 21149 sector peers
Solvency
better than 16%
← weakest strongest →
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 5 filings
Deviation from the deadline
2025
31 days late
2024
13 days late
2023
19 days early
2022
6 days early
2021
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 10 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% 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 13 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, micro format

2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00473007.

Annual accounts 2025 filed on 31-08-2026 at the NBB all 5 filings

Turnover
≈ €120,000
Estimated: probably between €95,000 and €160,000
Total assets
€70,919▲ 26.8%
2024 · €55,919
Net result
€25,806▼ 26.7%
2024 · €35,215
Working capital
€6,522
2024 · -€1,247
Multi-year overview
2021 to 2025, 5 financial years
Operating result
€34,641
▼ 25.3% 2025
20212025
Net result
€25,806
▼ 26.7% 2025
middle half of the sector
20212025
Equity
€8,306
▲ 232% 2025
lowest quarter of the sector
20212025
Total assets
€70,919
▲ 26.8% 2025
middle half of the sector
20212025
Debt
€62,613
▲ 17.2% 2025
20212025
Working capital
€6,522
2025
lowest quarter of the sector
20212025
Solvency
11.7%
▲ 7.2pp 2025
lowest quarter of the sector
20212025
Current ratio
1.10
▲ 0.13 2025
lowest quarter of the sector
20212025
Return on assets (ROA)
36.4%
▼ 26.6pp 2025
middle half of the sector
20212025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20212022202320242025
Operating result€27,052-€37,188▲ 37.5%€29,966▼ 19.4%€46,388▲ 54.8%€34,641▼ 25.3%
Net result€21,168within the sector's middle half-€28,267within the sector's middle half▲ 33.5%€22,310within the sector's middle half▼ 21.1%€35,215within the sector's middle half▲ 57.8%€25,806within the sector's middle half▼ 26.7%
Equity€23,668below the sector's middle half-€51,135within the sector's middle half▲ 116%€73,445within the sector's middle half▲ 43.6%€2,500below the sector's middle half▼ 96.6%€8,306below the sector's middle half▲ 232%
Total assets€44,290below the sector's middle half-€73,233within the sector's middle half▲ 65.3%€94,914within the sector's middle half▲ 29.6%€55,919below the sector's middle half▼ 41.1%€70,919within the sector's middle half▲ 26.8%
Debt€20,622-€22,098▲ 7.2%€21,469▼ 2.8%€53,419▲ 149%€62,613▲ 17.2%
Working capital€23,668within the sector's middle half-€44,317within the sector's middle half▲ 87.2%€68,518within the sector's middle half▲ 54.6%-€1,247below the sector's middle half€6,522below the sector's middle half
Solvency53.4%within the sector's middle half-69.8%within the sector's middle half▲ 16.4pp77.4%within the sector's middle half▲ 7.6pp4.5%below the sector's middle half▼ 72.9pp11.7%below the sector's middle half▲ 7.2pp
Current ratio2.15within the sector's middle half-3.01within the sector's middle half▲ 0.864.22within the sector's middle half▲ 1.220.98below the sector's middle half▼ 3.241.10below the sector's middle half▲ 0.13
Return on assets (ROA)47.8%above the sector's middle half-38.6%above the sector's middle half▼ 9.2pp23.5%within the sector's middle half▼ 15.1pp63.0%above the sector's middle half▲ 39.5pp36.4%within the sector's middle half▼ 26.6pp
above within below The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is 25% lower than in 2024.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €70,919
Fixed assets €1,984 ▼ 47.1%
Current assets €68,936 ▲ 32.1%
Equity and liabilities €70,919
Equity €8,306 ▲ 232%
Debt €62,613 ▲ 17.2%
Debt's share of the balance-sheet total falls from 95.5% to 88.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€36,404▼
2024 · €48,189
Cash flow
€27,569▼
2024 · €37,015
Debt to equity
7.54▼
2024 · 21.37
ROE
310.7%
Interest coverage
44.92▼
2024 · 64.36
Debt ≤ 1 year
€62,413▲
2024 · €53,419
Income taxes
€8,025▼
2024 · €10,425
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets-€7,364-€420-
Financial fixed assets-€300€300--
Depreciation and write-downs of the year-€846€1,691€1,800€1,763

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€55,919€70,919▲
Fixed assets21/28€3,747€1,984▼
Tangible fixed assets22/27€3,447€1,684▼
Furniture and vehicles24€2,020€766▼
Other tangible fixed assets26€1,427€918▼
Financial fixed assets28€300€300=
Current assets29/58€52,172€68,936▲
Amounts receivable within one year40/41€18,846€10,764▼
Trade receivables40€18,846€10,764▼
Cash at bank and in hand54/58€32,700€57,476▲
Deferred charges and accrued income490/1€626€696▲
Equity and liabilities
Total equity and liabilities10/49€55,919€70,919▲
Equity10/15€2,500€8,306▲
Contributions10/11€2,500€2,500=
Profit (loss) carried forward14€0€5,806▲
Amounts payable17/49€53,419€62,613▲
Amounts payable within one year42/48€53,419€62,413▲
Trade debts44€1,283€232▼
Suppliers440/4€1,283€232▼
Taxes, remuneration and social security45€16,046€12,792▼
Taxes450/3€16,046€8,292▼
Remuneration and social security454/9€0€4,500▲
Other amounts payable47/48€36,090€49,389▲
Accrued charges and deferred income492/3€0€200▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,800€1,763▼
Other operating charges640/8€64€919▲
Gross operating margin9900€48,253€37,323▼
Operating profit (loss)9901€46,388€34,641▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€749€810▲
Recurring financial charges65€749€810▲
Profit (loss) for the period before taxes9903€45,640€33,831▼
Income taxes67/77€10,425€8,025▼
Profit (loss) for the period9904€35,215€25,806▼
Profit (loss) for the period to be appropriated9905€35,215€25,806▼
Appropriation of the result
Profit (loss) to be appropriated9906€106,160€25,806▼
Profit (loss) brought forward from the previous period14P€70,945€0▼
Profit to be distributed694/7€106,160€20,000▼
Return on contributions (dividend)694€106,160€20,000▼

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€846€1,691€1,800€1,763▼ 2.1%
Other operating charges640/8€332€57€64€64€919▲ 14×
Gross operating margin9900€27,384€38,091€31,720€48,253€37,323▼ 22.7%
Operating profit (loss)9901€27,052€37,188€29,966€46,388€34,641▼ 25.3%
Financial income75/76B----€0-
Recurring financial income75----€0-
Financial charges65/66B€283€765€722€749€810▲ 8.2%
Recurring financial charges65€283€765€722€749€810▲ 8.2%
Profit (loss) for the period before taxes9903€26,768€36,423€29,244€45,640€33,831▼ 25.9%
Income taxes67/77€5,601€8,156€6,934€10,425€8,025▼ 23.0%
Profit (loss) for the period9904€21,168€28,267€22,310€35,215€25,806▼ 26.7%
Profit (loss) for the period to be appropriated9905€21,168€28,267€22,310€35,215€25,806▼ 26.7%
Line20212022202320242025Change
Assets
Total assets20/58€44,290€73,233€94,914€55,919€70,919▲ 26.8%
Fixed assets21/28-€6,818€5,127€3,747€1,984▼ 47.1%
Tangible fixed assets22/27-€6,518€4,827€3,447€1,684▼ 51.2%
Furniture and vehicles24-€4,601€3,310€2,020€766▼ 62.1%
Other tangible fixed assets26-€1,917€1,517€1,427€918▼ 35.7%
Financial fixed assets28-€300€300€300€300=
Current assets29/58€44,290€66,416€89,787€52,172€68,936▲ 32.1%
Amounts receivable within one year40/41€13,445€12,934€27,951€18,846€10,764▼ 42.9%
Trade receivables40€13,445€12,934€27,951€18,846€10,764▼ 42.9%
Cash at bank and in hand54/58€30,553€53,231€60,684€32,700€57,476▲ 75.8%
Deferred charges and accrued income490/1€292€250€1,153€626€696▲ 11.1%
Equity and liabilities
Total equity and liabilities10/49€44,290€73,233€94,914€55,919€70,919▲ 26.8%
Equity10/15€23,668€51,135€73,445€2,500€8,306▲ 232%
Contributions10/11€2,500€2,500€2,500€2,500€2,500=
Profit (loss) carried forward14€21,168€48,635€70,945€0€5,806-
Amounts payable17/49€20,622€22,098€21,469€53,419€62,613▲ 17.2%
Amounts payable within one year42/48€20,622€22,098€21,269€53,419€62,413▲ 16.8%
Trade debts44€301€1,754€590€1,283€232▼ 81.9%
Suppliers440/4€301€1,754€590€1,283€232▼ 81.9%
Taxes, remuneration and social security45€19,520€17,066€17,200€16,046€12,792▼ 20.3%
Taxes450/3€19,520€17,066€16,950€16,046€8,292▼ 48.3%
Remuneration and social security454/9--€250€0€4,500-
Other amounts payable47/48€801€3,278€3,479€36,090€49,389▲ 36.8%
Accrued charges and deferred income492/3--€200€0€200-
Line20212022202320242025Change
Profit (loss) for the period9904€21,168€28,267€22,310€35,215€25,806▼ 26.7%
+ Depreciation and write-downs630-€846€1,691€1,800€1,763▼ 2.1%
Operating cash flow (approximation)€21,168€29,113€24,001€37,015€27,569▼ 25.5%
Investment in fixed assets (approximation)--€0-€420€0-
Change in cash-€22,678€7,453-€27,984€24,776-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 6,713 companies had the same profile as AVDV has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
95.8% was still going
2.2% stopped otherwise
1.8% went bankrupt

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of AVDV itself is lower: 0.1% within 12 months. It rests on far more data about AVDV than the profile alone.

Test of the method

The method was tested on the 497,446 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 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 6,713 companies, not a prediction for AVDV. 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.

Filings with the National Bank (5)
Financial year Type Filed Reference Document
31-12-2025 micro format 31-08-2026 2026-00473007 PDF
31-12-2024 micro format 13-08-2025 2025-00376766 PDF
31-12-2023 micro format 12-07-2024 2024-00250587 PDF
31-12-2022 micro format 25-07-2023 2023-00299105 PDF
31-12-2021 micro format 30-08-2022 2022-20393179 PDF

Board & ownership

Directors

Directors
1 director
Vanderveken Arnaud
Director · since 09-08-2021 · listed in the 2025 annual accounts, filed on 31-08-2026
Current

Owners and capital

Network & group

AVDV shares no director with another company.

Companies at the same address

1 other company

Connections & network

1 current director
Depth

The network starts from the directors of AVDV. Every other company they run is a node.

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

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
31-08
NBB filing Annual accounts 2025 filedNBB
micro format · 31 days late
2025
13-08
NBB filing Annual accounts 2024 filedPDF
micro format · 13 days late
2024
31-12
Financial Highest result from 2021 to 2025net €35,215 ▲57.8%
The operating result of €46,388 and the net result of €35,215 are both a record.
12-07
NBB filing Annual accounts 2023 filedPDF
micro format · 19 days before the deadline
2023
25-07
NBB filing Annual accounts 2022 filedPDF
micro format · 6 days before the deadline
2022
30-08
NBB filing Annual accounts 2021 filedPDF
micro format · 30 days late
2021
11-08
Gazette deed IncorporationPDF
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

AVDV was incorporated on 9 August 2021 as a private limited company.1 Total assets rose from €44,290 in 2021 to €70,919 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2021 and 2025

Company details

Register details

Identity

KBO record
Name AVDV in French
Enterprise number 0772.394.469
Legal form Private limited company
Status Active, normale toestand
Founded 09-08-2021
Entity type Legal entity

Registered office and establishments

Registered office Chazallaan 134, 1030 Schaarbeek, Belgium
Establishment unit AVDV, Chazallaan 134, 1030 Schaarbeek since 09-08-2021 · unit number 2.321.172.188

Activities

NACEBEL 2025
62100 Computer programming main activity
62200 Computer consultancy and computer facilities management
Codes under NACEBEL 2008
62010 Computer programming, consultancy and related activities main activity
62020 IT consultancy
62030 Computer programming, consultancy and related activities

Invoicing and payment

VAT number BE 0772.394.469
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0772394469
Registered 21-03-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 3 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Sites & property

Location
registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
208 m²
Building footprint
104 m²
Building volume
1,083 m³
Cadastral parcel Region Area Buildings Height / floors
21904B0464/00F002 Brussels 208 m² 1 · 104 m² 17.2 m · 4