AVE LINE
ActiveSummary
The computed 12-month bankruptcy probability of AVE LINE is 1.7% (moderate). The 2025 annual accounts show negative equity (-€30,710) and a net result of -€8,637. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability26▼-6
Solvency0▼-10
Growth32=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.0 against 0.12 in 2024; short-term debt: 126.9% and cash: 0.4% of total assets), and equity is negative.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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 2025Solvency, return and age of the figures
Solvency
-26.9%
Return on assets
-7.6%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€30,710
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
1 d late
2023
15 d early
2022
3 d early
2021
44 d early
2020
37 d early
2019
116 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 32 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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. Usually files around 24 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
-€30,710▼ 39.1%
2024 · -€22,072
Total assets
€114,226▼ 20.1%
2024 · €143,030
Net result
-€8,637▼ 5.1%
2024 · -€8,216
Working capital
-€144,329▲ 0.5%
2024 · -€145,002
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€1,315-€4,265-€6,506▼ 52.5%-€7,445▼ 14.4%-€7,965▼ 7.0%
Net result€793-€4,933-€7,650▼ 55.1%-€8,216▼ 7.4%-€8,637▼ 5.1%
Equity-€1,274▲ 38.4%-€6,207▼ 387%-€13,856▼ 123%-€22,072▼ 59.3%-€30,710▼ 39.1%
Total assets€190,790▼ 6.4%€162,846▼ 14.6%€132,269▼ 18.8%€143,030▲ 8.1%€114,226▼ 20.1%
Debt€192,064▼ 6.7%€169,052▼ 12.0%€146,125▼ 13.6%€165,102▲ 13.0%€144,936▼ 12.2%
Working capital-€151,251▲ 6.1%-€147,814▲ 2.3%-€146,125▲ 1.1%-€145,002▲ 0.8%-€144,329▲ 0.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7,965 in 2025 against €7,445 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €114,226
Fixed assets
€113,620 ▼ 7.6%
Current assets
€607 ▼ 97.0%
Key figures and ratios
EBITDA
€1,346▼
2024 · €1,894
Cash flow
€673▼
2024 · €1,122
Solvency
-26.9%▼
2024 · -15.4%
Current ratio
0.00▼
2024 · 0.12
Debt to equity
-4.72▲
2024 · -7.48
ROA
-7.6%▼
2024 · -5.7%
Interest coverage
2.00▼
2024 · 2.46
Debt ≤ 1 year
€144,936▼
2024 · €165,102
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,799 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- negative equity
- a small loss
1.9%
went bankrupt
5.9%
stopped otherwise
90%
still going
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.7% 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 497,662 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% | 1.7% |
| 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 75% 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 2,799 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 | €9,089 | €9,117 | €9,338 | €9,338 | €9,311 | ▼ 0.3% |
| Other operating charges640/8 | €2,077 | €2,107 | €5,429 | €3,193 | €7,188 | ▲ 125% |
| Gross operating margin9900 | €12,481 | €6,959 | €8,262 | €5,087 | €8,534 | ▲ 67.8% |
| Operating profit (loss)9901 | €1,315 | -€4,265 | -€6,506 | -€7,445 | -€7,965 | ▼ 7.0% |
| Financial charges65/66B | €521 | €667 | €1,144 | €771 | €673 | ▼ 12.8% |
| Recurring financial charges65 | €521 | €667 | €1,144 | €771 | €673 | ▼ 12.8% |
| Profit (loss) for the period before taxes9903 | €793 | -€4,933 | -€7,650 | -€8,216 | -€8,637 | ▼ 5.1% |
| Profit (loss) for the period9904 | €793 | -€4,933 | -€7,650 | -€8,216 | -€8,637 | ▼ 5.1% |
| Profit (loss) for the period to be appropriated9905 | €793 | -€4,933 | -€7,650 | -€8,216 | -€8,637 | ▼ 5.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €190,790 | €162,846 | €132,269 | €143,030 | €114,226 | ▼ 20.1% |
| Fixed assets21/28 | €149,977 | €141,607 | €132,269 | €122,930 | €113,620 | ▼ 7.6% |
| Tangible fixed assets22/27 | €149,977 | €141,607 | €132,269 | €122,930 | €113,620 | ▼ 7.6% |
| Land and buildings22 | €149,977 | €140,888 | €131,799 | €122,709 | €113,620 | ▼ 7.4% |
| Furniture and vehicles24 | - | €719 | €470 | €221 | €0 | ▼ 100% |
| Current assets29/58 | €40,813 | €21,239 | €0 | €20,099 | €607 | ▼ 97.0% |
| Cash at bank and in hand54/58 | €40,813 | €21,239 | €0 | €20,099 | €503 | ▼ 97.5% |
| Deferred charges and accrued income490/1 | - | - | - | - | €104 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €190,790 | €162,846 | €132,269 | €143,030 | €114,226 | ▼ 20.1% |
| Equity10/15 | -€1,274 | -€6,207 | -€13,856 | -€22,072 | -€30,710 | ▼ 39.1% |
| Contributions10/11 | €74,368 | €74,368 | €74,368 | €74,368 | €74,368 | = |
| Capital10 | €74,368 | €74,368 | €74,368 | €74,368 | €74,368 | = |
| Issued capital100 | €74,368 | €74,368 | €74,368 | €74,368 | €74,368 | = |
| Profit (loss) carried forward14 | -€75,642 | -€80,575 | -€88,224 | -€96,440 | -€105,078 | ▼ 9.0% |
| Amounts payable17/49 | €192,064 | €169,052 | €146,125 | €165,102 | €144,936 | ▼ 12.2% |
| Amounts payable within one year42/48 | €192,064 | €169,052 | €146,125 | €165,102 | €144,936 | ▼ 12.2% |
| Financial debts43 | - | - | €992 | €0 | - | - |
| Credit institutions430/8 | - | - | €992 | €0 | - | - |
| Trade debts44 | €4,221 | €8,187 | €9,868 | €17,738 | €10,965 | ▼ 38.2% |
| Suppliers440/4 | €4,221 | €8,187 | €9,868 | €17,738 | €10,965 | ▼ 38.2% |
| Other amounts payable47/48 | €187,843 | €160,865 | €135,265 | €147,364 | €133,971 | ▼ 9.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €793 | -€4,933 | -€7,650 | -€8,216 | -€8,637 | ▼ 5.1% |
| + Depreciation and write-downs630 | €9,089 | €9,117 | €9,338 | €9,338 | €9,311 | ▼ 0.3% |
| Operating cash flow (approximation) | €9,883 | €4,185 | €1,689 | €1,122 | €673 | ▼ 40.0% |
| Investment in fixed assets (approximation) | - | -€747 | €0 | €0 | €0 | - |
| Change in cash | - | -€19,574 | -€21,239 | €20,099 | -€19,597 | ▼ 197% |
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
21-09
State Gazette act
Resignation: FUKI Istvan (director)Appointment: FUKI Sébastien (director) · Director discharge · Power of attorney6 facts ▸
State Gazette act
Resignation: FUKI Istvan (director)
Appointment: FUKI Sébastien (director) · Director discharge · Power of attorney6 facts ▸
- General meeting, 30-06-2026
- Director resignation, FUKI Istvan (director)
- Director discharge, FUKI Istvan
- Director appointment, FUKI Sébastien (director)
- Board composition, FUKI Sébastien (director)
- Power of attorney, RSM InterFiduciaire SRL
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet -€8,637
Net result drops to -€8,637, the lowest in the series.
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 1 day late
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €793
Net result €793 after 3 loss-making years.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
06-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
12-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 134 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
05-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 127 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
FUKI Sébastien
CurrentDirector · since 30-06-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
5 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2001
Ground area
2.7 ha
Building footprint
712 m²
Volume, LiDAR
15,872 m³
Parcel 21612C0286/00W014, Brussels · tallest building 25.6 m, ±8 floors. Linked by address, not a title deed.
18
companies at this address
See who is registered here
1 establishment unit
AVE LINE SA
since 20012.066.696.846
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0286/00W014 | Brussels | 2.7 ha | 1 · 712 m² | 25.6 m · 8 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.
Mandate history
2 people since 2026, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| FUKI Sébastien |
|
| FUKI Istvan |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
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Shareholding
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Identification & contact
Identification
Legal formPublic limited company
Founded11-02-1994
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0452173616
Also
9925:BE0452173616
Registered
04-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.