AVE VANHAMME & CO
ActiveAVE VANHAMME & CO has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €303k and a net result of €-7k. Equity is shrinking by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability16▼-61
Solvency100=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 82.64 against 15.56 in 2023; short-term debt: 1.2% and cash: 60.7% of total assets), and 1.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
98.8%
Return on assets
-2.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
27 d early
2022
28 d late
2021
26 d late
2020
18 d early
2019
82 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€303k▼ 2.0%
2023 · €309k
2018: €376k
2019: €380k
2020: €381k
2021: €387k
2022: €285k
2023: €309k
2018 → 2024
Total assets
€307k▼ 12.8%
2023 · €351k
2018: €405k
2019: €418k
2020: €417k
2021: €431k
2022: €326k
2023: €351k
2018 → 2024
Net result
€-7k
2023 · €24k
2018: €3k
2019: €4k
2020: €814
2021: €7k
2022: €-102k
2023: €24k
2018 → 2024
Working capital
€297k▼ 8.1%
2023 · €323k
2018: €370k
2019: €375k
2020: €377k
2021: €378k
2022: €278k
2023: €323k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€381k-€387k▲ 1.8%€285k▼ 26.5%€309k▲ 8.5%€303k▼ 2.0%
Operating result€1k-€7k▲ 426%€-102k€25k€-8k
Net result€814-€7k▲ 729%€-102k€24k€-7k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €8k after €25k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €307k
Fixed assets
€6k▼ 5.1%
Current assets
€301k▼ 12.9%
Equity and liabilities €307k
Equity
€303k▼ 2.0%
Debt
€4k▼ 91.4%
The debt ratio falls from 12.0% to 1.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-8k▼
2023 · €26k
Cash flow
€-6k▼
2023 · €25k
Solvency
98.8%▲
2023 · 88.0%
Current ratio
82.64▲
2023 · 15.56
Quick ratio
81.60▲
2023 · 15.26
Debt / equity
0.01▼
2023 · 0.14
ROE
-2.2%▼
2023 · 7.8%
ROA
-2.1%▼
2023 · 6.9%
Interest coverage
-18.46▼
2023 · 56.77
Debt
€4k▼
2023 · €42k
Debt ≤ 1 year
€4k▼
2023 · €22k
Staff costs
€210k▼
2023 · €253k
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€351k€307k▼
Fixed assets21/28€6k€6k▼
Tangible fixed assets22/27€305-
Furniture and vehicles24€305-
Financial fixed assets28€6k€6k=
Current assets29/58€345k€301k▼
Stocks and contracts in progress3€7k€4k▼
Stocks30/36€7k€4k▼
Amounts receivable within one year40/41€125k€111k▼
Trade receivables40€125k€101k▼
Other amounts receivable41-€10k
Cash at bank and in hand54/58€214k€186k▼
Equity and liabilities
Total equity and liabilities10/49€351k€307k▼
Equity10/15€309k€303k▼
Contributions10/11€25k€25k▲
Reserves13€363k€363k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€360k€360k=
Profit (loss) carried forward14€-78k€-85k▼
Amounts payable17/49€42k€4k▼
Amounts payable within one year42/48€22k€4k▼
Trade debts44€14k-
Suppliers440/4€14k-
Taxes, remuneration and social security45€8k€3k▼
Taxes450/3€4k€3k▼
Remuneration and social security454/9€4k€797▼
Other amounts payable47/48€414€204▼
Accrued charges and deferred income492/3€20k-
Income statement
Code20232024
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€253k€210k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€703€305▼
Other operating charges640/8€2k€13k▲
Gross operating margin9900€281k€216k▼
Operating profit (loss)9901€25k€-8k▼
Financial income75/76B€21€2k▲
Recurring financial income75€21€2k▲
Financial charges65/66B€452€439▼
Recurring financial charges65€452€439▼
Profit (loss) for the period before taxes9903€25k€-7k▼
Income taxes67/77€278-
Profit (loss) for the period9904€24k€-7k▼
Profit (loss) for the period to be appropriated9905€24k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-78k€-85k▼
Profit (loss) brought forward from the previous period14P€-102k€-78k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 5current ratio 82.64
Current ratio from 15.56 to 82.64; short-term debt falls from €22k to €4k.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Weakest financial yearnet €-102k ▼1620%
Net result drops to €-102k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 82 days late
2019
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Rixensart · 1 establishment unit since 1989
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.
Chaussée de Wavre 221330 RixensartGround area
1,771 m²
Building footprint
405 m²
Volume, LiDAR
2,102 m³
2 parcels, Wallonia · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Avenue du Gris Moulin 25, 1310 La Hulpe
since 19892.043.332.516
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25050C0142/00W000 | Wallonia | 992 m² | 1 · 103 m² | 9.0 m · 2 fl. |
| 25091C0079/00B000 | Wallonia | 779 m² | 1 · 303 m² | 8.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
6 categoriesAVE VANHAMME & CO SRL37633
Similar companies · same sector, comparable size
General Painting
BE 0406.397.831
Antwerpen · Eq €306k
BX-Floor
BE 0800.623.647
Namur · Eq €308k
M-FLOOR
BE 0785.499.466
Namur · Eq €310k
INTERIEUR - DECORATIE LAURIKS
BE 0428.116.923
Boom · Eq €293k
Reyskens Michiel
BE 0644.475.621
Zutendaal · Eq €290k
Of 914 companies in sector 43333 we hold annual accounts for 400. 301 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-04-1989
Fiscal year end31-12
Activities, NACEBEL
43332Laying of wooden floor and wall coverings
43333Wallpapering and laying of floor and wall coverings in other materials
45432
45433
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.