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AVEVE WAREGEM

Active Public limited companyfounded 2001active for 25 yearsRoterijstraat 242, 8793 WaregemKBO/BCE: BE 0474.258.734

Lifetime

19 annual accounts with figures on one time axis, 23 filings since 2002
peak €607,937 (2025)
€607,937▲ 19.6%
lowest -€29,907 (2021)
€83,571▲ 425%
peak €602,026 (2020)
€474,715▲ 21.4%
€2.4m▼ 6.8%
peak 6.3 FTE (2025)
6.3 FTE▲ 37.0%
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
12-02-202647 days before the deadline
2025abbreviated format
Gross margin from €508,371 to €607,937Result from €15,907 to €83,571Staff from 4.6 FTE to 6.3 FTEEquity from €391,144 to €474,715

Key points

from the 2025 annual accounts

Result

€83,571 ▲ 425%
€15,9002024€83,6002025

The result rose in 2025 from €15,907 to €83,571.

Turnover

≈ €2.2m estimated

The abbreviated format states no turnover.

Debts

€2.4m 84% of the balance sheet
Financial debts 58%Suppliers 26%Taxes and wages 3%Other 13%

€1.1m of the debts are secured on the company's own assets. In 2022 that was €1.5m.

Investments

€34,764 0.2 × depreciation
2022202320242025

Green is investment, beige is depreciation.

Staff

6 employees on 31-08-2025
8520225620231615202411112025

In 2025, 11 people joined and 11 left.

Filings

23 annual accounts since 2002
deadline20102020

The last five annual accounts were filed 35 to 95 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,986 companies had the same profile as AVEVE WAREGEM has now. Each dot stands for 10 companies, two years later.

96.4%
were still trading
2.4%
stopped another way
1.1%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 2.9% 3.1%
10 5.6% 6.1%

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 3,986 companies, not a prediction for AVEVE WAREGEM. 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.

Credit verdict

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Signals

Board and ownership

Managing director
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0474258734
Environmental permit granted Slopen van niet vrijstaande gebouwen of constructies, Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Waregem
1 director resigning, 2 reappointments Change of role: , from director to managing director and chair of the board · Resignation: · Reappointments: and · General meeting of 18-01-2021 · Gazette deed
First establishment TUINCENTRUM VANSLAMBROUCK, Roterijstraat 242, Waregem
All 34 events

Comparable companies

same main activity, similar in size and age
Company
AVEVE WAREGEM Waregem €2.9m €607,937 16.3% 6.3
BELLINGS-PAQUE Tongeren-Borgloon €3.2m €650,588 38.7% 5.7
FLORESCO Jabbeke €1.9m €745,787 37.7% 5.5
Maertens - Vynckier Izegem €2.9m €818,082 69.5% 4.5
AVEVE ROESELARE Roeselare €4.0m €884,708 31.0% 7.8
SERRES DU FOND LEVAL Sprimont €3.3m €455,537 21.8% 5.6
GABRIELS KAREL Malle €2.4m €447,881 48.6% 6.3

These companies have the same main activity as AVEVE WAREGEM: retail sale of flowers, plants, seeds and fertilisers (NACE 47761). They are comparable in size and age: total assets between €1.9m and €4m, founded between 1997 and 2004.

Official details

Source: KBO
Status
Active since 06-03-2001Normal situation
Activity
Retail sale of flowers, plants, seeds and fertilisersNACE 47761and 3 others
Joint committee
201Independent retail · annual accounts 31-08-2025
Establishment unit
2.100.268.3488793 Waregem, since 11-05-2001
Financial year end
31 August
Peppol
Reachable since 15-12-2025
Company details

Annual accounts to 31-08-2025

€2.9m▼ 3.2%
Employeeson 31-08-2025
6▼ 14.3%
Filing
Filed on 12-02-2026, 47 days before the end of the filing period
Financials

Insights on AVEVE WAREGEM

AVEVE WAREGEM files the abbreviated format. That format states no turnover. The gross margin rose from €445,226 in 2007 to €607,937 in 2025.

The balance sheet grew most from 2020 to 2022 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about AVEVE WAREGEM

What is the company number of AVEVE WAREGEM?
The company number of AVEVE WAREGEM is 0474.258.734. The VAT number is the same number with BE in front: BE 0474.258.734.
Where is AVEVE WAREGEM based?
The registered office is at Roterijstraat 242, 8793 Waregem.Company details
What does AVEVE WAREGEM do?
According to the KBO register, the main activity is retail sale of flowers, plants, seeds and fertilisers (NACE 47761).
What is the legal form of AVEVE WAREGEM?
AVEVE WAREGEM is a public limited company (NV).
When was AVEVE WAREGEM founded?
AVEVE WAREGEM was founded on 06-03-2001.
Is AVEVE WAREGEM still active?
Yes, AVEVE WAREGEM is an active enterprise in the KBO register.
How many employees does AVEVE WAREGEM have?
AVEVE WAREGEM had an average of 6.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does AVEVE WAREGEM fall under?
In its 31-08-2025 annual accounts, AVEVE WAREGEM states joint committee 201 (Independent retail).
What is the turnover of AVEVE WAREGEM?
The turnover in financial year 2025 is ≈ €2.2m. This figure is estimated from the gross margin of €607,937 and 47 comparable companies (NACE 477). It probably lies between €1.7m and €3.4m.
Is AVEVE WAREGEM profitable?
In financial year 2025, AVEVE WAREGEM made a profit of €83,571.
Where can I find the annual accounts of AVEVE WAREGEM?
AVEVE WAREGEM filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of AVEVE WAREGEM due?
AVEVE WAREGEM must file the annual accounts for financial year 2026 by 31-03-2027.Timeline

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