Avenue
ActiveSummary
The computed 12-month bankruptcy probability of Avenue is 1.6% (moderate). For Avenue, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€21,922) and a net result of -€699. Equity is shrinking by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 24615 sector peers (fiscal year 2023). The company has been active since 1974 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0=
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2023Age of the figures
Age of the figures
33 mo
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline27-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 21-06-2024, 40 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
40 d early
2022
38 d early
2021
59 d late
2020
37 d early
2019
39 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 19 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Equity
-€21,922▼ 3.3%
2022 · -€21,223
Total assets
€45=
2022 · €45
Net result
-€699▲ 6.5%
2022 · -€747
Working capital
-€21,922▼ 3.3%
2022 · -€21,223
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
Line20192020202120222023
Operating result-€1,317▼ 10.1%-€1,126▲ 14.5%-€1,397▼ 24.1%-€747▲ 46.5%-€699▲ 6.5%
Net result-€1,317▼ 10.1%-€1,126▲ 14.5%-€1,397▼ 24.1%-€747▲ 46.5%-€699▲ 6.5%
Equity-€17,954▼ 7.9%-€19,079▼ 6.3%-€20,476▼ 7.3%-€21,223▼ 3.6%-€21,922▼ 3.3%
Total assets€45▲ 159%€45=€45=€45=€45=
Debt€17,999▲ 8.1%€19,125▲ 6.3%€20,521▲ 7.3%€21,269▲ 3.6%€21,968▲ 3.3%
Working capital-€17,954▼ 7.9%-€19,079▼ 6.3%-€20,476▼ 7.3%-€21,223▼ 3.6%-€21,922▼ 3.3%
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 €699 in 2023 against €747 in 2022; the loss shrinks.
Key figures and ratios
Debt ≤ 1 year
€21,968▲
2022 · €21,269
Ratios withheld: a balance sheet total of €45 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | - | €774 | €635 | €635 | = |
| Other operating charges640/8 | - | - | €622 | €112 | €64 | ▼ 43.2% |
| Gross operating margin9900 | -€778 | -€778 | -€774 | -€635 | -€635 | = |
| Operating profit (loss)9901 | -€1,317 | -€1,126 | -€1,397 | -€747 | -€699 | ▲ 6.5% |
| Profit (loss) for the period before taxes9903 | -€1,317 | -€1,126 | -€1,397 | -€747 | -€699 | ▲ 6.5% |
| Profit (loss) for the period9904 | -€1,317 | -€1,126 | -€1,397 | -€747 | -€699 | ▲ 6.5% |
| Profit (loss) for the period to be appropriated9905 | -€1,317 | -€1,126 | -€1,397 | -€747 | -€699 | ▲ 6.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €45 | €45 | €45 | €45 | €45 | = |
| Current assets29/58 | €45 | €45 | €45 | €45 | €45 | = |
| Cash at bank and in hand54/58 | €45 | €45 | €45 | €45 | €45 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €45 | €45 | €45 | €45 | €45 | = |
| Equity10/15 | -€17,954 | -€19,079 | -€20,476 | -€21,223 | -€21,922 | ▼ 3.3% |
| Contributions10/11 | €63,213 | €63,213 | €63,213 | €63,213 | €63,213 | = |
| Capital10 | - | - | €63,213 | €63,213 | €63,213 | = |
| Issued capital100 | - | - | €63,213 | €63,213 | €63,213 | = |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | - | €1,859 | €1,859 | €1,859 | = |
| Legal reserve130 | - | - | €1,859 | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | -€83,026 | -€84,151 | -€85,548 | -€86,295 | -€86,994 | ▼ 0.8% |
| Amounts payable17/49 | €17,999 | €19,125 | €20,521 | €21,269 | €21,968 | ▲ 3.3% |
| Amounts payable within one year42/48 | €17,999 | €19,125 | €20,521 | €21,269 | €21,968 | ▲ 3.3% |
| Trade debts44 | - | - | €774 | - | €635 | - |
| Suppliers440/4 | - | - | €774 | - | €635 | - |
| Other amounts payable47/48 | - | - | €19,747 | €21,269 | €21,332 | ▲ 0.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,317 | -€1,126 | -€1,397 | -€747 | -€699 | ▲ 6.5% |
| Operating cash flow (approximation) | -€1,317 | -€1,126 | -€1,397 | -€747 | -€699 | ▲ 6.5% |
| Change in cash | - | €0 | €0 | €0 | €0 | - |
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
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 59 days late
2021
31-12
Financial
Weakest financial yearnet -€1,397
Net result drops to -€1,397, the lowest in the series; recovery starts the following year.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
20-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
19-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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, Oostende · 1 establishment unit since 1974
Ground area
710 m²
Building footprint
548 m²
Volume, LiDAR
14,160 m³
2 parcels, Flanders · tallest building 42.6 m, ±10 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
AVENUE NV
since 19742.010.429.027
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35013A1358/00D000 | Flanders | 488 m² | 1 · 471 m² | 42.6 m · 10 fl. |
| 35391A0167/00Z000 | Flanders | 221 m² | 1 · 78 m² | 10.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 765 companies in sector 47552 we hold annual accounts for 444. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded01-10-1974
Fiscal year end31-12
Activities, NACEBEL 2025
47552Retail sale of lighting equipment
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.