AVDW
ActiveAVDW has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €131k and a net result of €3k. Equity is growing by ~25.3% per year across the filed fiscal years. Its solvency ranks better than 49% of 220 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
43
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability34▼-46
Solvency51▼-14
Growth52=
Track record94
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.38 against 1.42 in 2023; short-term debt: 65.5% and cash: 5.2% of total assets), and 73.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 14
Relative position
BE, all sectors
reference
Sector 14
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
26.5%
Return on assets
0.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
68 d late
2023
61 d late
2022
59 d late
2021
29 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€131k▲ 2.6%
2023 · €127k
2021: €47k
2022: €98k
2023: €127k
2021 → 2024
Total assets
€493k▲ 56.1%
2023 · €316k
2021: €116k
2022: €183k
2023: €316k
2021 → 2024
Net result
€3k▼ 88.6%
2023 · €29k
2021: €42k
2022: €52k
2023: €29k
2021 → 2024
Working capital
€122k▲ 56.1%
2023 · €78k
2021: €8k
2022: €59k
2023: €78k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€47k-€98k▲ 111%€127k▲ 29.6%€131k▲ 2.6%
Operating result€51k-€70k▲ 37.0%€45k▼ 36.0%€24k▼ 47.6%
Net result€42k-€52k▲ 24.1%€29k▼ 43.7%€3k▼ 88.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 48% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €493k
Fixed assets
€48k▼ 6.7%
Current assets
€445k▲ 68.3%
Equity and liabilities €493k
Equity
€131k▲ 2.6%
Debt
€363k▲ 92.2%
The debt ratio rises from 59.7% to 73.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€32k▼
2023 · €53k
Cash flow
€12k▼
2023 · €37k
Solvency
26.5%▼
2023 · 40.3%
Current ratio
1.38▼
2023 · 1.42
Quick ratio
0.18▼
2023 · 0.77
Debt / equity
2.77▲
2023 · 1.48
ROE
2.5%▼
2023 · 22.8%
ROA
0.7%▼
2023 · 9.2%
Interest coverage
1.78▼
2023 · 6.69
Debt
€363k▲
2023 · €189k
Debt ≤ 1 year
€323k▲
2023 · €186k
Debt > 1 year
€3k▲
2023 · €1k
Income taxes
€2k▼
2023 · €9k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€316k€493k▲
Fixed assets21/28€51k€48k▼
Tangible fixed assets22/27€51k€48k▼
Furniture and vehicles24€1k€5k▲
Other tangible fixed assets26€50k€43k▼
Current assets29/58€264k€445k▲
Amounts receivable after more than one year29€14k€0▼
Other amounts receivable291€14k€0▼
Stocks and contracts in progress3€121k€388k▲
Stocks30/36€121k€388k▲
Amounts receivable within one year40/41€85k€30k▼
Trade receivables40€81k€17k▼
Other amounts receivable41€3k€13k▲
Current investments50/53€4k€0▼
Cash at bank and in hand54/58€40k€26k▼
Deferred charges and accrued income490/1€452€2k▲
Equity and liabilities
Total equity and liabilities10/49€316k€493k▲
Equity10/15€127k€131k▲
Contributions10/11€5k€5k=
Reserves13€100k€126k▲
Distributable reserves133€100k€126k▲
Profit (loss) carried forward14€22k€0▼
Amounts payable17/49€189k€363k▲
Amounts payable after more than one year17€1k€3k▲
Financial debts170/4€1k€3k▲
Amounts payable within one year42/48€186k€323k▲
Current portion of amounts payable after more than one year42€588€3k▲
Financial debts43€150k€160k▲
Credit institutions430/8€150k€160k▲
Trade debts44-€105k
Suppliers440/4-€105k
Taxes, remuneration and social security45€36k€23k▼
Taxes450/3€34k€23k▼
Remuneration and social security454/9€2k€0▼
Other amounts payable47/48-€33k
Accrued charges and deferred income492/3€830€36k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€9k▲
Other operating charges640/8€4k€1k▼
Gross operating margin9900€57k€34k▼
Operating profit (loss)9901€45k€24k▼
Financial income75/76B€478€182▼
Recurring financial income75€478€182▼
Financial charges65/66B€8k€18k▲
Recurring financial charges65€8k€18k▲
Profit (loss) for the period before taxes9903€38k€6k▼
Income taxes67/77€9k€2k▼
Profit (loss) for the period9904€29k€3k▼
Profit (loss) for the period to be appropriated9905€29k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€122k€26k▼
Profit (loss) brought forward from the previous period14P€93k€22k▼
Transfer to equity691/2€100k€26k▼
To other reserves6921€100k€26k▼
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
2025
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 68 days late
2024
31-12
Financial
Weakest financial yearnet €3k ▼88.6%
Net result drops to €3k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Equity above €100kEq €127k ▲29.6%
3 profitable years in a row build equity to €127k.
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
31-12
Financial
Highest result since 2021net €52k ▲24.1%
Operating result €70k, net result €52k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 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, Antwerpen · 1 establishment unit since 2021
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.
Van Putlei 102018 AntwerpenGround area
295 m²
Building footprint
136 m²
Volume, LiDAR
1,543 m³
Parcel 11810K1898/00W005, Flanders · tallest building 18.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
AVDW
since 20212.319.887.335
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K1898/00W005 | Flanders | 295 m² | 1 · 136 m² | 18.5 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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KAPEL 22
BE 0715.941.756
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GYM & DANCE
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Of 1,093 companies in sector 14210 we hold annual accounts for 212. 149 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-03-2021
Fiscal year end31-12
Activities, NACEBEL
14130Manufacture of wearing apparel
14210Manufacture of outerwear
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.