AVE-Projects

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Private limited companyfounded 2023Aardekensweg 7, 2390 Malle, BelgiumKBO/BCE: BE 0800.233.568

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

A bankruptcy procedure is open for AVE-Projects according to publications in the Belgian Official Gazette; trustee: Filip Sels.

Summary

The file additionally contains 1 administrative flag. The 2023 annual accounts show equity of €18,384 and a net result of €15,884.

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Financials · financial year 2023, micro format

2023 annual accounts filed late (320 days) Filed on 16 June 2025, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2025-00140513.

Latest annual accounts filed

Annual accounts 2023

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Financial year ended: 31-12-2023
Filed on: 16-06-2025
Format: micro format
Reference: 2025-00140513

Turnover

≈ €170,000

Estimated: probably between €110,000 and €350,000

Total assets

€26,671

Net result

€15,884

Working capital

€18,269

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

Balance-sheet composition

Assets €26,671

99.6%

Fixed assets €115

Current assets €26,556

Equity and liabilities €26,671

68.9%

31.1%

Equity €18,384

Debt €8,287

Debt finances 31.1% of the balance-sheet total.

Key figures and ratios

2023 value

Current ratio

3.20

Debt to equity

0.45

ROE

86.4%

ROA

59.6%

Debt ≤ 1 year

€8,287

Income taxes

€5,245

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2023 · 33 lines

Source: Annual accounts 2023 (PDF), filed with the National Bank on 16-06-2025.

Balance sheet Code2023

Assets

Total assets20/58€26,671

Fixed assets21/28€115

Financial fixed assets28€115

Current assets29/58€26,556

Amounts receivable after more than one year29€25,098

Other amounts receivable291€25,098

Amounts receivable within one year40/41€955

Trade receivables40€955

Cash at bank and in hand54/58€503

Equity and liabilities

Total equity and liabilities10/49€26,671

Equity10/15€18,384

Contributions10/11€2,500

Reserves13€15,884

Distributable reserves133€15,884

Amounts payable17/49€8,287

Amounts payable within one year42/48€8,287

Trade debts44€1,631

Suppliers440/4€1,631

Taxes, remuneration and social security45€6,657

Taxes450/3€6,657

Income statement Code2023

Gross operating margin9900€19,920

Operating profit (loss)9901€19,920

Financial income75/76B€1,293

Recurring financial income75€1,293

Financial charges65/66B€84

Recurring financial charges65€84

Profit (loss) for the period before taxes9903€21,129

Income taxes67/77€5,245

Profit (loss) for the period9904€15,884

Profit (loss) for the period to be appropriated9905€15,884

Appropriation of the result

Profit (loss) to be appropriated9906€15,884

Transfer to equity691/2€15,884

To other reserves6921€15,884

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the filed accounts (PDF).

Line	2023
Gross operating margin9900	€19,920
Operating profit (loss)9901	€19,920
Financial income75/76B	€1,293
Recurring financial income75	€1,293
Financial charges65/66B	€84
Recurring financial charges65	€84
Profit (loss) for the period before taxes9903	€21,129
Income taxes67/77	€5,245
Profit (loss) for the period9904	€15,884
Profit (loss) for the period to be appropriated9905	€15,884

Line	2023
Assets
Total assets20/58	€26,671
Fixed assets21/28	€115
Financial fixed assets28	€115
Current assets29/58	€26,556
Amounts receivable after more than one year29	€25,098
Other amounts receivable291	€25,098
Amounts receivable within one year40/41	€955
Trade receivables40	€955
Cash at bank and in hand54/58	€503
Equity and liabilities
Total equity and liabilities10/49	€26,671
Equity10/15	€18,384
Contributions10/11	€2,500
Reserves13	€15,884
Distributable reserves133	€15,884
Amounts payable17/49	€8,287
Amounts payable within one year42/48	€8,287
Trade debts44	€1,631
Suppliers440/4	€1,631
Taxes, remuneration and social security45	€6,657
Taxes450/3	€6,657

Line	2023
Profit (loss) for the period9904	€15,884
Operating cash flow (approximation)	€15,884

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)

Financial year	Type	Filed	Reference	Document
31-12-2023	micro format	16-06-2025	2025-00140513	PDF

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Of the 22,639 active companies whose main activity is general electrical installation work (NACE 43211), figures are known for 10,553. 7,228 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.