Avenue
ActiveThe 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 (€-22k) 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 24639 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%
Credit advice for your own amount and term
Signals
Seven 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
Sector 47
higher
← 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 deadline22-09-2026 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 →
Financials · fiscal year 2023, micro schema
Equity
€-22k▼ 3.3%
2022 · €-21k
2018: €-17k
2019: €-18k
2020: €-19k
2021: €-20k
2022: €-21k
2018 → 2023
Total assets
€45=
2022 · €45
2018: €18
2019: €45
2020: €45
2021: €45
2022: €45
2018 → 2023
Net result
€-699▲ 6.5%
2022 · €-747
2018: €-1k
2019: €-1k
2020: €-1k
2021: €-1k
2022: €-747
2018 → 2023
Working capital
€-22k▼ 3.3%
2022 · €-21k
2018: €-17k
2019: €-18k
2020: €-19k
2021: €-20k
2022: €-21k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€-18k-€-19k▼ 6.3%€-20k▼ 7.3%€-21k▼ 3.6%€-22k▼ 3.3%
Operating result€-1k-€-1k▲ 14.5%€-1k▼ 24.1%€-747▲ 46.5%€-699▲ 6.5%
Net result€-1k-€-1k▲ 14.5%€-1k▼ 24.1%€-747▲ 46.5%€-699▲ 6.5%
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 €699 in 2023 against €747 in 2022; the loss shrinks.
Key figures and ratios
Debt
€22k▲
2022 · €21k
Debt ≤ 1 year
€22k▲
2022 · €21k
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 / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€45€45=
Current assets29/58€45€45=
Cash at bank and in hand54/58€45€45=
Equity and liabilities
Total equity and liabilities10/49€45€45=
Equity10/15€-21k€-22k▼
Contributions10/11€63k€63k=
Capital10€63k€63k=
Issued capital100€63k€63k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€-86k€-87k▼
Amounts payable17/49€21k€22k▲
Amounts payable within one year42/48€21k€22k▲
Trade debts44-€635
Suppliers440/4-€635
Other amounts payable47/48€21k€21k▲
Income statement
Code20222023
Goods, raw materials, services and sundry goods60/61€635€635=
Other operating charges640/8€112€64▼
Gross operating margin9900€-635€-635=
Operating profit (loss)9901€-747€-699▲
Profit (loss) for the period before taxes9903€-747€-699▲
Profit (loss) for the period9904€-747€-699▲
Profit (loss) for the period to be appropriated9905€-747€-699▲
Appropriation of the result
Profit (loss) to be appropriated9906€-86k€-87k▼
Profit (loss) brought forward from the previous period14P€-86k€-86k▼
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 €-1k
Net result drops to €-1k, 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.
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
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.
Vindictivelaan 148400 OostendeGround 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.
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
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.
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 766 companies in sector 47552 we hold annual accounts for 444.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-10-1974
Fiscal year end31-12
Activities, NACEBEL
47552Retail sale of lighting equipment
47592Retail trade
52442
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.