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Avena Management

Active
Private limited companyfounded 2023active for 3 yearsMunsterstraat 12, 1000 Brussel, BelgiumKBO/BCE: BE 0797.699.591

From the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Avena Management has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11,818 and a net result of €71,532. Equity has been growing by about 7.3% per year since 2023. Its solvency ranks better than 19% of 39,242 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Overview

Official details

KBO
Status
Active since 27-01-2023 Normal situation
Registered office
18 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 1 November 2026.
Activity
Business and other management consultancy NACE 70200and 5 others
Establishment unit
2.341.350.168 1000 Brussel, since 27-01-2023
Financial year end
31 December
Peppol
Reachable since 19-12-2025

Board and ownership

Board

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€92,624
▲ 79.1%
Turnover
≈ €190,000
estimated
Profit
€71,532
▲ 78.0%
Equity
€11,818
▼ 22.7%
Total assets
€88,545
▲ 49.5%
Filed on 26-05-2026, 66 days before the deadlinePDF
Score breakdownraises riskEquity €11,818 (13.3% of total assets)lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 1.10, cash €58,808Size: total assets €88,545Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 41% of micro companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2024
Strong
Solvency 38-13
equity 13.3% of total assets
Liquidity 52-8
short-term debt 86.7% · cash 66.4%
Profitability 100=
return on assets 80.8%
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% (48,516 companies, NACE 70, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: 0.1%▲ +0.1 percentage points vs 03-2025 05-2025: < 0.1%▼ -0.1 percentage points 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%● unchanged 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%▲ +0.1 percentage points vs 05-2026highest value 07-2026: 0.1%● unchanged vs 06-2026highest value 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.1 (1.35 in 2024), below the usual 1.5. Short-term debt is 86.7% and cash 66.4% of total assets. 86.7% 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 70, micro). It does better than 19% of them on solvency, 40% on liquidity, 84% on profitability and 21% on growth.

The bankruptcy probability was computed on 31-10-2026 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 riskneutral
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Liquidity: current ratio 1.10, cash €58,808
NBB · annual accounts
lowers risk · Size: total assets €88,545
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 · Equity €11,818 (13.3% of total assets)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 39242 sector peers (2025).
NBB · sector comparison
Position among 39242 sector peers
Solvency
better than 19%
← weakest strongest →
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 26-05-2026, 66 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
66 days early
2024
114 days early
2023
65 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 82 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 26 May (3 of the last 3 accounts filed within 48 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 26-05-2026 PDF all 3 filings

Turnover
≈ €190,000
Estimated: probably between €140,000 and €240,000
Total assets
€88,545▲ 49.5%
2024 · €59,245
Net result
€71,532▲ 78.0%
2024 · €40,192
Working capital
€7,466▼ 51.2%
2024 · €15,286
Trend over the years

2023 to 2025, 3 financial years

The operating result for 2025 is 79% higher than in 2024 and the highest since 2023. It is the second rise in a row.

Operating result€91,603 2025 Net result€71,532 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). 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 dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202320242025
Operating result€48,494-€51,262▲ 5.7%€91,603▲ 78.7%
Net result€37,894within the sector's middle half-€40,192within the sector's middle half▲ 6.1%€71,532above the sector's middle half▲ 78.0%
Equity€10,094below the sector's middle half-€15,286below the sector's middle half▲ 51.4%€11,818below the sector's middle half▼ 22.7%
Total assets€47,120below the sector's middle half-€59,245below the sector's middle half▲ 25.7%€88,545within the sector's middle half▲ 49.5%
Debt€37,026-€43,959▲ 18.7%€76,727▲ 74.5%
Working capital€10,094within the sector's middle half-€15,286within the sector's middle half▲ 51.4%€7,466within the sector's middle half▼ 51.2%
Solvency21.4%below the sector's middle half-25.8%below the sector's middle half▲ 4.4pp13.3%below the sector's middle half▼ 12.5pp
Current ratio1.27within the sector's middle half-1.35within the sector's middle half▲ 0.081.10within the sector's middle half▼ 0.25
Return on assets (ROA)80.4%above the sector's middle half-67.8%above the sector's middle half▼ 12.6pp80.8%above the sector's middle half▲ 12.9pp
above within below The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). 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.
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 €88,545
Fixed assets €4,353
Current assets €84,192
Equity and liabilities €88,545
Equity €11,818 ▼ 22.7%
Debt €76,727 ▲ 74.5%
Debt's share of the balance-sheet total rises from 74.2% to 86.7%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€92,050
Cash flow
€71,980
Debt to equity
6.49▲
2024 · 2.88
ROE
605.3%▲
2024 · 262.9%
Interest coverage
over 100
Debt ≤ 1 year
€76,727▲
2024 · €43,959
Income taxes
€19,855▲
2024 · €10,924
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as Avena Management: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €79,100 and €110,000, founded between 2022 and 2023.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
Avena Management Brussel2023€88,545€11,818€92,624€71,5322025
SIXAM Corp Brussel2022€105,582€74,458€81,927€59,1372025
Autonom Brussel2022€102,783€3,000€99,699€39,5162025
MUSEVENT PRODUCTIONS Brussel2023€79,106€37,775€91,959€4,8632025
Flint! Ukkel2022€98,494€88,410€78,193€62,6182025
AMO VENTURES Elsene2022€110,352€42,283€85,601€63,7302025
LOAM Elsene2022€85,388€63,880€74,522€54,9652025

They were chosen from the 54,697 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 7,976 companies had the same profile as Avena Management has now. Two years later, 3.6% had gone bankrupt and 94.3% were still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94.3% was still going

Another 0.3% stopped without a precise date, possibly only after those two years.

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

Test of the method

The method was tested on the 497,445 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 7,976 companies, not a prediction for Avena Management. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines

Source: Annual accounts 2025 (PDF), filed on 26-05-2026.

Balance sheet Code20242025
Assets
Total assets20/58€59,245€88,545▲
Fixed assets21/28-€4,353
Tangible fixed assets22/27-€4,353
Furniture and vehicles24-€4,353
Current assets29/58€59,245€84,192▲
Amounts receivable within one year40/41€169€24,691▲
Trade receivables40-€22,046
Other amounts receivable41€169€2,645▲
Cash at bank and in hand54/58€58,554€58,808▲
Deferred charges and accrued income490/1€521€693▲
Equity and liabilities
Total equity and liabilities10/49€59,245€88,545▲
Equity10/15€15,286€11,818▼
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14€5,286€1,818▼
Amounts payable17/49€43,959€76,727▲
Amounts payable within one year42/48€43,959€76,727▲
Trade debts44€473€541▲
Suppliers440/4€473€541▲
Taxes, remuneration and social security45€8,486€11,172▲
Taxes450/3€8,486€11,172▲
Other amounts payable47/48€35,000€65,014▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€447
Other operating charges640/8€451€574▲
Gross operating margin9900€51,713€92,624▲
Operating profit (loss)9901€51,262€91,603▲
Financial charges65/66B€146€215▲
Recurring financial charges65€146€215▲
Profit (loss) for the period before taxes9903€51,116€91,388▲
Income taxes67/77€10,924€19,855▲
Profit (loss) for the period9904€40,192€71,532▲
Profit (loss) for the period to be appropriated9905€40,192€71,532▲
Appropriation of the result
Profit (loss) to be appropriated9906€40,286€76,818▲
Profit (loss) brought forward from the previous period14P€94€5,286▲
Profit to be distributed694/7€35,000€75,000▲
Return on contributions (dividend)694€35,000€75,000▲

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,080-€447-
Other operating charges640/8€743€451€574▲ 27.2%
Gross operating margin9900€50,317€51,713€92,624▲ 79.1%
Operating profit (loss)9901€48,494€51,262€91,603▲ 78.7%
Financial charges65/66B€100€146€215▲ 47.6%
Recurring financial charges65€100€146€215▲ 47.6%
Profit (loss) for the period before taxes9903€48,394€51,116€91,388▲ 78.8%
Income taxes67/77€10,500€10,924€19,855▲ 81.8%
Profit (loss) for the period9904€37,894€40,192€71,532▲ 78.0%
Profit (loss) for the period to be appropriated9905€37,894€40,192€71,532▲ 78.0%
Line202320242025Change
Assets
Total assets20/58€47,120€59,245€88,545▲ 49.5%
Fixed assets21/28--€4,353-
Tangible fixed assets22/27--€4,353-
Furniture and vehicles24--€4,353-
Current assets29/58€47,120€59,245€84,192▲ 42.1%
Amounts receivable within one year40/41€558€169€24,691▲ 146×
Trade receivables40€558-€22,046-
Other amounts receivable41-€169€2,645▲ 16×
Cash at bank and in hand54/58€46,562€58,554€58,808▲ 0.4%
Deferred charges and accrued income490/1-€521€693▲ 33.0%
Equity and liabilities
Total equity and liabilities10/49€47,120€59,245€88,545▲ 49.5%
Equity10/15€10,094€15,286€11,818▼ 22.7%
Contributions10/11€10,000€10,000€10,000=
Profit (loss) carried forward14€94€5,286€1,818▼ 65.6%
Amounts payable17/49€37,026€43,959€76,727▲ 74.5%
Amounts payable within one year42/48€37,026€43,959€76,727▲ 74.5%
Trade debts44€524€473€541▲ 14.5%
Suppliers440/4€524€473€541▲ 14.5%
Taxes, remuneration and social security45€11,428€8,486€11,172▲ 31.6%
Taxes450/3€11,428€8,486€11,172▲ 31.6%
Other amounts payable47/48€25,075€35,000€65,014▲ 85.8%
Line202320242025Change
Profit (loss) for the period9904€37,894€40,192€71,532▲ 78.0%
+ Depreciation and write-downs630€1,080-€447-
Operating cash flow (approximation)€38,974€40,192€71,980▲ 79.1%
Change in cash-€11,992€254▼ 97.9%

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

Filings with the National Bank (3)
Financial year Type Filed Reference Document
31-12-2025 micro format 26-05-2026 2026-00120659 PDF
31-12-2024 micro format 08-04-2025 2025-00066189 PDF
31-12-2023 micro format 27-05-2024 2024-00096628 PDF

Board & ownership

Directors

Directors
2 directors, no change since 2023
MEEÙS Laurence Chantal Françoise Marie-Louise
Director (not named in the articles) · since 26-01-2023 · listed in the 2025 annual accounts, filed on 26-05-2026
Current
VON TROTT ZU SOLZ Thilo
Director (not named in the articles) · since 26-01-2023 · listed in the 2025 annual accounts, filed on 26-05-2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 31-01-2023

Owners and capital

Shareholders

Capital transactions

Capital over time
  1. 31-01-2023 Incorporation · €10,000 · 10,000 shares

Mandate history

2 people, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
MEEÙS Laurence Chantal Françoise Marie-Louise
  • Director (not named in the articles), appointed in the act of 31-01-2023, still in office
VON TROTT ZU SOLZ Thilo
  • Director (not named in the articles), appointed in the act of 31-01-2023, still in office
See the board, name and registered office on a given date →

Articles of association

Board and representation

Board ruleThese rules set how the board is made up, meets and takes decisions.
“1, avec ou sans limitation de durée”

Capital, shares and profit

Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
“Nominatives, requises par le Code des sociétés et des associations”
Share issue ruleThe articles set how and by whom new shares are issued.
“10000, conditions d’émission déterminent indisponible ou disponible”

Audit, dissolution and liquidation

Dissolution ruleThe articles set when and by whom the company can be dissolved.
“Formes prévues pour modifications aux statuts, en tout temps”
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Tous pouvoirs prévus à article 2:87 Code des sociétés et des associations sans autorisation spéciale, assemblée générale peut limiter à tout…”

Articles of association, deed of 31-01-2023 (in French)

Network & group

Avena Management shares no director with another company.

Connections & network

2 current directors
Depth

The network starts from the directors of Avena Management. 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
26-05
NBB filing Annual accounts filedPDF
financial year 2025 · micro format
2025
31-12
Financial Highest result from 2023 to 2025net €71,532 ▲78%
The operating result of €91,603 and the net result of €71,532 are both a record.
08-04
NBB filing Annual accounts filedPDF
financial year 2024 · micro format
2024
27-05
NBB filing Annual accounts filedPDF
financial year 2023 · micro format
2023
31-01
Gazette deed Incorporation
Appointments: MEEÙS Laurence Chantal Françoise Marie-Louise (director) and VON TROTT ZU SOLZ Thilo (director) · Founder · Founding capital8 points ▸
  • Incorporation, 26-01-2023
  • Founder, MEEÙS Laurence Chantal Françoise Marie-Louise
  • Founder, VON TROTT ZU SOLZ Thilo
  • Founding capital, €10,000
  • Bank account, “préalablement à la constitution, spécial” (deed in French)
  • Director appointment, MEEÙS Laurence Chantal Françoise Marie-Louise (director (not named in the articles))
  • Director appointment, VON TROTT ZU SOLZ Thilo (director (not named in the articles))
  • Other provision, “article 173,1° bis Code des Droits d'Enregistrement, délivrance avant enregistrement” (deed in French)

Open the act in the Belgian Official Gazette

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

On 27 January 2023, Avena Management was incorporated as a private limited company by two natural persons, with a starting capital of €10,000.12 Of the 2 current board members, 2 have served since 2023.3 Total assets went from €47,120 in 2023 to €88,545 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 31-01-2023
  3. 3National Bank, annual accounts 2025
  4. 4National Bank, annual accounts 2023 and 2025

Company details

Register details

Identity

KBO record
Name Avena Management in French
Enterprise number 0797.699.591
Legal form Private limited company
Status Active, normale toestand
Founded 27-01-2023
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 31-01-2023 (in French)
Name clauseThe company operates under this name according to its articles.
Avena Management
deed of 31-01-2023 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région bruxelloise, Rue du Monastère 12,1000 Bruxelles”
deed of 31-01-2023 (in French)

Registered office and establishments

Registered office Munsterstraat 12, 1000 Brussel, Belgium
Establishments 1 establishment unit since 2023

Activities

NACEBEL 2025
70200 Business and other management consultancy main activity
68201 Renting and operating of own or leased residential real estate, excluding social housing
68203 Renting and operating of own or leased non-residential real estate, excluding land
68204 Real estate activities
73300 Public relations and communication consultancy
82990 Other business support services

Invoicing and payment

VAT number BE 0797.699.591
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0797699591
Other Peppol ID 9925:BE0797699591
Registered 19-12-2025

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

Register as of 1 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
“Date assemblée générale - Organisation et convocation Il est tenu chaque année, au siège de la société ou à tout autre endroit indiqué dans…”
deed of 31-01-2023 (in French)

Sites & property

Location
registered office establishment The establishment unit on the map
18 companies at this address See who is registered here
1 establishment unit
Avena Management
Munsterstraat 12, 1000 BrusselBusiness and other management consultancy
since 2023unit number 2.341.350.168

Buildings and parcels at the address

Ground area
141 m²
Building footprint
85 m²
Building volume
1,204 m³
Parcel 21807G0218/00R017, Brussels · tallest building 17.4 m.
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21807G0218/00R017 Brussels 141 m² 1 · 85 m² 17.4 m · 5