AVENUE
ActiveSummary
AVENUE has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €321,604 and a net result of €1,649. Equity is growing by ~11.9% per year across the filed fiscal years. Its solvency ranks better than 86% of 18606 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-14
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 3.52 against 2.95 in 2024; short-term debt: 20.7% and cash: 49.9% of total assets), and 21.4% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
78.6%
Return on assets
0.4%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
22 d early
2023
20 d early
2022
15 d early
2021
5 d early
2020
6 d early
2019
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 11 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 (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 16 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€321,604▲ 0.5%
2024 · €319,954
Total assets
€409,251▼ 3.5%
2024 · €424,040
Net result
€1,649▼ 96.5%
2024 · €46,727
Working capital
€213,254▲ 5.2%
2024 · €202,620
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€41,065▲ 57.5%€97,367▲ 137%€25,519▼ 73.8%€66,227▲ 160%€7,193▼ 89.1%
Net result€27,007above the sector's middle half▲ 73.5%€66,849above the sector's middle half▲ 148%€9,880within the sector's middle half▼ 85.2%€46,727above the sector's middle half▲ 373%€1,649within the sector's middle half▼ 96.5%
Equity€210,785above the sector's middle half▲ 14.7%€277,633above the sector's middle half▲ 31.7%€287,513above the sector's middle half▲ 3.6%€319,954above the sector's middle half▲ 11.3%€321,604above the sector's middle half▲ 0.5%
Total assets€441,208above the sector's middle half▲ 1.2%€515,085above the sector's middle half▲ 16.7%€431,474above the sector's middle half▼ 16.2%€424,040above the sector's middle half▼ 1.7%€409,251above the sector's middle half▼ 3.5%
Debt€230,424▼ 8.6%€237,452▲ 3.1%€143,961▼ 39.4%€104,086▼ 27.7%€87,648▼ 15.8%
Working capital€80,653within the sector's middle half▲ 24.2%€119,769above the sector's middle half▲ 48.5%€257,609above the sector's middle half▲ 115%€202,620above the sector's middle half▼ 21.3%€213,254above the sector's middle half▲ 5.2%
Solvency47.8%within the sector's middle half▲ 5.6pp53.9%within the sector's middle half▲ 6.1pp66.6%above the sector's middle half▲ 12.7pp75.5%above the sector's middle half▲ 8.8pp78.6%above the sector's middle half▲ 3.1pp
Current ratio1.63within the sector's middle half▲ 0.151.80within the sector's middle half▲ 0.172.79above the sector's middle half▲ 0.992.95above the sector's middle half▲ 0.163.52above the sector's middle half▲ 0.57
Return on assets (ROA)6.1%within the sector's middle half▲ 2.6pp13.0%above the sector's middle half▲ 6.9pp2.3%within the sector's middle half▼ 10.7pp11.0%within the sector's middle half▲ 8.7pp0.4%within the sector's middle half▼ 10.6pp
Staff (FTE)0.9▼ 10.0%1.8▲ 100%0▼ 100%11=
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
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 falls in 2025; 2025 is 89% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €409,251
Fixed assets
€111,310 ▼ 5.1%
Current assets
€297,942 ▼ 2.9%
Equity and liabilities €409,251
Equity
€321,604 ▲ 0.5%
Debt
€87,648 ▼ 15.8%
Debt's share of the balance-sheet total falls from 24.5% to 21.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€38,601▼
2024 · €98,526
Cash flow
€33,057▼
2024 · €79,026
Quick ratio
2.58▲
2024 · 2.50
Debt to equity
0.27▼
2024 · 0.33
ROE
0.5%▼
2024 · 14.6%
Interest coverage
7.35▼
2024 · 16.75
Debt ≤ 1 year
€84,687▼
2024 · €104,086
Debt > 1 year
€2,960
Income taxes
€2,549▼
2024 · €20,534
Staff costs
€51,097▲
2024 · €49,663
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,027 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €24,789 | - | €10,994 | - |
| Remuneration, social security and pensions62 | - | €42,071 | €41,704 | €49,663 | €51,097 | ▲ 2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,692 | €5,826 | €9,912 | €32,299 | €31,408 | ▼ 2.8% |
| Other operating charges640/8 | - | €1,743 | €3,353 | €2,277 | €1,808 | ▼ 20.6% |
| Gross operating margin9900 | €84,433 | €147,007 | €80,488 | €150,466 | €91,506 | ▼ 39.2% |
| Operating profit (loss)9901 | €41,065 | €97,367 | €25,519 | €66,227 | €7,193 | ▼ 89.1% |
| Financial income75/76B | - | €2,401 | €1,681 | €6,916 | €2,259 | ▼ 67.3% |
| Recurring financial income75 | €1,437 | €2,401 | €1,681 | €6,916 | €2,259 | ▼ 67.3% |
| Financial charges65/66B | - | €7,017 | €12,395 | €5,883 | €5,253 | ▼ 10.7% |
| Recurring financial charges65 | €8,258 | €7,017 | €12,395 | €5,883 | €5,253 | ▼ 10.7% |
| Profit (loss) for the period before taxes9903 | €34,244 | €92,752 | €14,805 | €67,261 | €4,199 | ▼ 93.8% |
| Income taxes67/77 | €7,238 | €25,903 | €4,924 | €20,534 | €2,549 | ▼ 87.6% |
| Profit (loss) for the period9904 | €27,007 | €66,849 | €9,880 | €46,727 | €1,649 | ▼ 96.5% |
| Profit (loss) for the period to be appropriated9905 | €27,007 | €66,849 | €9,880 | €46,727 | €1,649 | ▼ 96.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €441,208 | €515,085 | €431,474 | €424,040 | €409,251 | ▼ 3.5% |
| Formation expenses20 | - | - | €0 | €0 | €0 | - |
| Fixed assets21/28 | €233,035 | €246,266 | €29,905 | €117,335 | €111,310 | ▼ 5.1% |
| Tangible fixed assets22/27 | €233,035 | €246,266 | €29,905 | €117,335 | €111,310 | ▼ 5.1% |
| Land and buildings22 | - | €213,864 | €5,112 | €4,260 | €21,712 | ▲ 410% |
| Plant, machinery and equipment23 | - | €8,402 | €5,615 | €4,653 | €7,946 | ▲ 70.8% |
| Furniture and vehicles24 | - | €24,000 | €19,178 | €108,422 | €81,652 | ▼ 24.7% |
| Current assets29/58 | €208,173 | €268,820 | €401,569 | €306,705 | €297,942 | ▼ 2.9% |
| Stocks and contracts in progress3 | €52,487 | €48,496 | €53,779 | €46,925 | €79,152 | ▲ 68.7% |
| Stocks30/36 | - | €48,496 | €53,779 | €46,925 | €79,152 | ▲ 68.7% |
| Amounts receivable within one year40/41 | €6,640 | €41,497 | - | - | €14,719 | - |
| Trade receivables40 | - | €41,497 | - | - | €2,266 | - |
| Other amounts receivable41 | - | - | - | - | €12,453 | - |
| Cash at bank and in hand54/58 | €149,047 | €178,827 | €347,790 | €259,780 | €204,071 | ▼ 21.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €441,208 | €515,085 | €431,474 | €424,040 | €409,251 | ▼ 3.5% |
| Equity10/15 | €210,785 | €277,633 | €287,513 | €319,954 | €321,604 | ▲ 0.5% |
| Contributions10/11 | - | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Reserves13 | €64,514 | €114,514 | €114,514 | €159,514 | €159,514 | = |
| Non-distributable reserves130/1 | - | €2,500 | - | - | - | - |
| Reserves not available under the articles1311 | - | €2,500 | - | - | - | - |
| Tax-exempt reserves132 | - | €17,882 | €17,882 | €17,882 | €17,882 | = |
| Distributable reserves133 | - | €94,133 | €96,633 | €141,633 | €141,633 | = |
| Profit (loss) carried forward14 | €121,270 | €138,119 | €147,999 | €135,440 | €137,089 | ▲ 1.2% |
| Amounts payable17/49 | €230,424 | €237,452 | €143,961 | €104,086 | €87,648 | ▼ 15.8% |
| Amounts payable after more than one year17 | €102,904 | €88,402 | - | - | €2,960 | - |
| Financial debts170/4 | - | €88,402 | - | - | €2,960 | - |
| Amounts payable within one year42/48 | €127,520 | €149,050 | €143,961 | €104,086 | €84,687 | ▼ 18.6% |
| Current portion of amounts payable after more than one year42 | - | €12,966 | - | - | €31,143 | - |
| Trade debts44 | €23,420 | €37,972 | €50,631 | €33,288 | €25,734 | ▼ 22.7% |
| Suppliers440/4 | - | €37,972 | €50,631 | €33,288 | €25,734 | ▼ 22.7% |
| Taxes, remuneration and social security45 | - | €53,756 | €61,536 | €40,006 | €24,862 | ▼ 37.9% |
| Taxes450/3 | - | €45,036 | €47,976 | €18,175 | €7,629 | ▼ 58.0% |
| Remuneration and social security454/9 | - | €8,720 | €13,560 | €21,831 | €17,233 | ▼ 21.1% |
| Other amounts payable47/48 | - | €44,357 | €31,794 | €30,792 | €2,948 | ▼ 90.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,007 | €66,849 | €9,880 | €46,727 | €1,649 | ▼ 96.5% |
| + Depreciation and write-downs630 | €4,692 | €5,826 | €9,912 | €32,299 | €31,408 | ▼ 2.8% |
| Operating cash flow (approximation) | €31,699 | €72,674 | €19,792 | €79,026 | €33,057 | ▼ 58.2% |
| Investment in fixed assets (approximation) | - | -€19,056 | €206,449 | -€119,729 | -€25,383 | ▲ 78.8% |
| Change in cash | - | €29,780 | €168,964 | -€88,010 | -€55,709 | ▲ 36.7% |
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
Next filing, fiscal year 2026, expected by
2026
27-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €1,649 ▼96.5%
Net result drops to €1,649, the lowest in the series.
09-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
16-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Highest result since 2019net €66,849 ▲148%
Operating result €97,367, net result €66,849, both a record.
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Equity above €200,000Eq €210,785 ▲14.7%
3 profitable years in a row build equity to €210,785.
25-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
16-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
15-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Vosselaar · 1 establishment unit since 2002
Ground area
965 m²
Building footprint
239 m²
Volume, LiDAR
2,693 m³
Parcel 13046C0011/00G017, Flanders · tallest building 13.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
AVENUE
since 20022.100.523.419
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13046C0011/00G017 | Flanders | 965 m² | 1 · 239 m² | 13.7 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
TANIA DA SILVA
BE 0478.034.509
Schoten · Eq €321,408
SOBRUNOL
BE 0448.969.250
Knokke-Heist · Eq €321,934
Lingerie Ria Westmalle
BE 0729.691.309
Malle · Eq €322,937
A&C
BE 0468.159.414
Herstal · Eq €323,143
MOONS NADINE
BE 0464.204.782
Bornem · Eq €319,928
Of 6,495 companies in sector 47716 we hold annual accounts for 2,440. 1,615 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-02-2002
Fiscal year end30-06
Activities, NACEBEL 2025
47711Retail sale of women's outerwear
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0476794689
Also
9925:BE0476794689
Registered
20-05-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.