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Aveyond

Active
Private limited companyfounded 2014active for 12 yearsJozef Vercoulliestraat 11, 9050 Gent, BelgiumKBO/BCE: BE 0564.802.393

From the official registers: KBO 11 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Aveyond has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €778,971 and a net result of €113,560. Equity has been growing by about 18% per year since 2019. Its solvency ranks better than 87% of 39,242 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

Download PDF
Financial year ended
30-09-2025
Filed on
20-04-2026
Format
micro format
Reference
2026-00082609
Turnover
≈ €350,000
Estimated: probably between €300,000 and €420,000
Total assets
€880,908▲ 23.7%
2024 · €711,941
Net result
€113,560▲ 11.3%
2024 · €102,040
Working capital
€790,157▲ 21.2%
2024 · €652,151
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result for 2025 is 1% lower than in 2024.

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

Operating result€163,978 2025 Net result€113,560 2025

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, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€81,824-€81,168▼ 0.8%€88,509▲ 9.0%€64,731▼ 26.9%€144,539▲ 123%€165,500▲ 14.5%€163,978▼ 0.9%
Net result€56,498-€56,543above the sector's middle half▲ 0.1%€64,047above the sector's middle half▲ 13.3%€46,135within the sector's middle half▼ 28.0%€113,934above the sector's middle half▲ 147%€102,040above the sector's middle half▼ 10.4%€113,560above the sector's middle half▲ 11.3%
Equity€282,712-€339,255above the sector's middle half▲ 20.0%€403,302above the sector's middle half▲ 18.9%€449,437above the sector's middle half▲ 11.4%€563,371above the sector's middle half▲ 25.4%€665,411above the sector's middle half▲ 18.1%€778,971above the sector's middle half▲ 17.1%
Total assets€353,162-€415,118within the sector's middle half▲ 17.5%€487,816within the sector's middle half▲ 17.5%€535,350above the sector's middle half▲ 9.7%€679,121above the sector's middle half▲ 26.9%€711,941above the sector's middle half▲ 4.8%€880,908above the sector's middle half▲ 23.7%
Debt€70,450-€75,863▲ 7.7%€84,514▲ 11.4%€85,913▲ 1.7%€115,750▲ 34.7%€46,531▼ 59.8%€101,937▲ 119%
Working capital€293,933-€347,225above the sector's middle half▲ 18.1%€377,979above the sector's middle half▲ 8.9%€433,075above the sector's middle half▲ 14.6%€558,126above the sector's middle half▲ 28.9%€652,151above the sector's middle half▲ 16.8%€790,157above the sector's middle half▲ 21.2%
Solvency80.1%-81.7%above the sector's middle half▲ 1.7pp82.7%above the sector's middle half▲ 1.0pp84.0%above the sector's middle half▲ 1.3pp83.0%above the sector's middle half▼ 1.0pp93.5%above the sector's middle half▲ 10.5pp88.4%above the sector's middle half▼ 5.0pp
Current ratio6.92-7.18above the sector's middle half▲ 0.266.84above the sector's middle half▼ 0.357.36above the sector's middle half▲ 0.526.70above the sector's middle half▼ 0.6615.06above the sector's middle half▲ 8.3710.79above the sector's middle half▼ 4.28
Return on assets (ROA)16.0%-13.6%within the sector's middle half▼ 2.4pp13.1%within the sector's middle half▼ 0.5pp8.6%within the sector's middle half▼ 4.5pp16.8%within the sector's middle half▲ 8.2pp14.3%within the sector's middle half▼ 2.4pp12.9%within the sector's middle half▼ 1.4pp
Staff (FTE)0.5-11=0.6▼ 40.0%0.7▲ 16.7%1▲ 42.9%
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 €880,908
Fixed assets €10,007 ▼ 25.4%
Current assets €870,901 ▲ 24.7%
Equity and liabilities €880,908
Equity €778,971 ▲ 17.1%
Debt €101,937 ▲ 119%
Debt's share of the balance-sheet total rises from 6.5% to 11.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€173,322▼
2024 · €175,105
Cash flow
€122,904▲
2024 · €111,644
Debt to equity
0.13▲
2024 · 0.07
ROE
14.6%▼
2024 · 15.3%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€80,744▲
2024 · €46,374
Debt > 1 year
€21,034
Income taxes
€50,078▼
2024 · €63,140
Staff costs
€32,545▲
2024 · €12,517
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Companies with the same profile, two years later

Historical observation

In July 2024, 34,693 companies had the same profile as Aveyond has now. Two years later, 0.7% had gone bankrupt and 95.3% were still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95.3% was still going

That fits the bankruptcy probability of Aveyond itself: < 0.1% within 12 months.

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 34,693 companies, not a prediction for Aveyond. 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 · 51 lines

Source: Annual accounts 2025 (PDF), filed on 20-04-2026.

Balance sheet Code20242025
Assets
Total assets20/58€711,941€880,908▲
Fixed assets21/28€13,416€10,007▼
Tangible fixed assets22/27€9,834€6,425▼
Plant, machinery and equipment23€515€81▼
Furniture and vehicles24€9,319€6,344▼
Financial fixed assets28€3,582€3,582=
Current assets29/58€698,525€870,901▲
Amounts receivable after more than one year29€16,991-
Trade receivables290€16,991-
Amounts receivable within one year40/41€26,356€68,260▲
Trade receivables40€23,215€68,130▲
Other amounts receivable41€3,141€130▼
Current investments50/53€7,500€7,500=
Cash at bank and in hand54/58€646,808€794,271▲
Deferred charges and accrued income490/1€870€870=
Equity and liabilities
Total equity and liabilities10/49€711,941€880,908▲
Equity10/15€665,411€778,971▲
Contributions10/11€6,200€6,200=
Reserves13€657,102€770,102▲
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€655,242€768,242▲
Profit (loss) carried forward14€2,109€2,669▲
Amounts payable17/49€46,531€101,937▲
Amounts payable after more than one year17-€21,034
Financial debts170/4-€21,034
Amounts payable within one year42/48€46,374€80,744▲
Trade debts44€13,057€17,015▲
Suppliers440/4€13,057€17,015▲
Taxes, remuneration and social security45€25,091€58,874▲
Taxes450/3€22,512€54,310▲
Remuneration and social security454/9€2,579€4,565▲
Other amounts payable47/48€8,226€4,855▼
Accrued charges and deferred income492/3€157€160▲
Income statement Code20242025
Remuneration, social security and pensions62€12,517€32,545▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,604€9,344▼
Other operating charges640/8€925€879▼
Gross operating margin9900€188,546€206,746▲
Operating profit (loss)9901€165,500€163,978▼
Financial income75/76B-€63
Recurring financial income75-€63
Financial charges65/66B€321€402▲
Recurring financial charges65€321€402▲
Profit (loss) for the period before taxes9903€165,180€163,638▼
Income taxes67/77€63,140€50,078▼
Profit (loss) for the period9904€102,040€113,560▲
Profit (loss) for the period to be appropriated9905€102,040€113,560▲
Appropriation of the result
Profit (loss) to be appropriated9906€103,109€115,669▲
Profit (loss) brought forward from the previous period14P€1,069€2,109▲
Transfer to equity691/2€101,000€113,000▲
To other reserves6921€101,000€113,000▲

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line2019202020212022202320242025Change
Non-recurring operating income76A--€1,750-----
Remuneration, social security and pensions62--€11,025€21,563€16,276€12,517€32,545▲ 160%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,646€3,265€10,410€11,165€11,117€9,604€9,344▼ 2.7%
Other operating charges640/8--€780€591€1,254€925€879▼ 5.0%
Gross operating margin9900€99,615€99,280€110,724€98,050€173,186€188,546€206,746▲ 9.7%
Operating profit (loss)9901€81,824€81,168€88,509€64,731€144,539€165,500€163,978▼ 0.9%
Financial income75/76B--€0€83€0-€63-
Recurring financial income75€0€22€0€83€0-€63-
Financial charges65/66B--€246€291€180€321€402▲ 25.3%
Recurring financial charges65€2,621€2,209€246€291€180€321€402▲ 25.3%
Profit (loss) for the period before taxes9903€79,203€78,981€88,263€64,523€144,359€165,180€163,638▼ 0.9%
Income taxes67/77€22,704€22,438€24,216€18,388€30,425€63,140€50,078▼ 20.7%
Profit (loss) for the period9904€56,498€56,543€64,047€46,135€113,934€102,040€113,560▲ 11.3%
Profit (loss) for the period to be appropriated9905€56,498€56,543€64,047€46,135€113,934€102,040€113,560▲ 11.3%
Line2019202020212022202320242025Change
Assets
Total assets20/58€353,162€415,118€487,816€535,350€679,121€711,941€880,908▲ 23.7%
Fixed assets21/28€9,591€11,729€45,067€34,137€23,021€13,416€10,007▼ 25.4%
Tangible fixed assets22/27€6,566€8,554€41,720€30,555€19,438€9,834€6,425▼ 34.7%
Plant, machinery and equipment23--€1,817€1,383€949€515€81▼ 84.3%
Furniture and vehicles24--€39,903€29,172€18,489€9,319€6,344▼ 31.9%
Financial fixed assets28€3,025€3,175€3,347€3,582€3,582€3,582€3,582=
Current assets29/58€343,571€403,389€442,749€501,213€656,100€698,525€870,901▲ 24.7%
Amounts receivable after more than one year29-----€16,991--
Trade receivables290-----€16,991--
Amounts receivable within one year40/41€41,081€40,461€21,175€3,204€52,708€26,356€68,260▲ 159%
Trade receivables40--€18,882-€52,708€23,215€68,130▲ 193%
Other amounts receivable41--€2,294€3,204-€3,141€130▼ 95.9%
Current investments50/53€2,500€2,500€2,500€2,500€7,500€7,500€7,500=
Cash at bank and in hand54/58€299,991€360,428€418,874€493,978€594,361€646,808€794,271▲ 22.8%
Deferred charges and accrued income490/1--€200€1,531€1,531€870€870=
Equity and liabilities
Total equity and liabilities10/49€353,162€415,118€487,816€535,350€679,121€711,941€880,908▲ 23.7%
Equity10/15€282,712€339,255€403,302€449,437€563,371€665,411€778,971▲ 17.1%
Contributions10/11€6,200-€6,200€6,200€6,200€6,200€6,200=
Reserves13€276,512€333,055€397,102€443,102€556,102€657,102€770,102▲ 17.2%
Non-distributable reserves130/1--€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311--€1,860€1,860€1,860€1,860€1,860=
Distributable reserves133--€395,242€441,242€554,242€655,242€768,242▲ 17.2%
Profit (loss) carried forward14---€135€1,069€2,109€2,669▲ 26.6%
Amounts payable17/49€70,450€75,863€84,514€85,913€115,750€46,531€101,937▲ 119%
Amounts payable after more than one year17€17,775€17,775€17,775€17,775€17,775-€21,034-
Financial debts170/4--€17,775€17,775€17,775-€21,034-
Amounts payable within one year42/48€49,639€56,164€64,771€68,138€97,975€46,374€80,744▲ 74.1%
Trade debts44€2,991€1,636€6,204€9,883€10,221€13,057€17,015▲ 30.3%
Suppliers440/4--€6,204€9,883€10,221€13,057€17,015▲ 30.3%
Advances received on contracts in progress46---€17,265----
Taxes, remuneration and social security45--€17,185€10,220€46,317€25,091€58,874▲ 135%
Taxes450/3--€14,278€5,837€46,317€22,512€54,310▲ 141%
Remuneration and social security454/9--€2,907€4,383-€2,579€4,565▲ 77.0%
Other amounts payable47/48--€41,381€30,770€41,437€8,226€4,855▼ 41.0%
Accrued charges and deferred income492/3--€1,968--€157€160▲ 1.9%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€56,498€56,543€64,047€46,135€113,934€102,040€113,560▲ 11.3%
+ Depreciation and write-downs630€2,646€3,265€10,410€11,165€11,117€9,604€9,344▼ 2.7%
Operating cash flow (approximation)€59,144€59,808€74,458€57,300€125,051€111,644€122,904▲ 10.1%
Investment in fixed assets (approximation)--€5,403-€43,748-€236€0€0-€5,935-
Change in cash-€60,437€58,446€75,105€100,383€52,446€147,464▲ 181%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 11 filings with the National Bank
Financial year Type Filed Reference Document
30-09-2025 micro format 20-04-2026 2026-00082609 PDF
30-09-2024 micro format 03-06-2025 2025-00115362 PDF
30-09-2023 micro format 23-05-2024 2024-00093810 PDF
30-09-2022 micro format 30-05-2023 2023-00097460 PDF
30-09-2021 micro format 23-05-2022 2022-20031851 PDF
30-09-2020 micro format 30-06-2021 2021-28000355 PDF
30-09-2019 micro format 29-05-2020 2020-13400437 PDF
30-09-2018 micro format 30-04-2019 2019-11300127 PDF
30-09-2017 micro format 31-05-2018 2018-14500112 PDF
30-09-2016 abbreviated format 28-04-2017 2017-10500278 PDF

Show all 11 filings

Comparable companies

These companies have the same main activity as Aveyond: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €795,000 and €1m, founded between 2013 and 2015.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
Aveyond Gent2014€0.9m€0.8m€0.2m€0.1m2025
Fiebelle Lede2015€0.8m€0.5m€0.2m€0.08m2025
WINSQUARED Waasmunster2014€0.9m€0.4m€0.2m€0.1m2025
VLT CONSULTING Sint-Niklaas2014€1.0m€0.7m€0.2m€0.08m2025
DM Management Evergem2014€1.0m€0.4m€0.2m€0.1m2025
Land of Sunshine Gent2015€0.8m€0.5m€0.2m€0.1m2025
TMMC Lokeren2013€0.9m€0.6m€0.2m€0.09m2025

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

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.