AVG PARTNERS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €184k and a net result of €15k. Its solvency ranks better than 8% of 5498 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
Founded in 2023, under 3 years, statistically higher risk.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
14 d early
2024
9 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€184k▲ 9.1%
2024 · €168k
2024: €168k
2024 → 2025
Net result
€15k
2024 · €-132k
2024: €-132k
2024 → 2025
Total assets
€4.39M▲ 50.2%
2024 · €2.92M
2024: €2.92M
2024 → 2025
Solvency
4.2%▼ 1.6pp
2024 · 5.8%
2024: 5.8%
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€168k-€184k▲ 9.1%
Operating result€-20k-€121k
Net result€-132k-€15k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €121k after a loss of €20k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.39M
Fixed assets
€4.12M▲ 49.2%
Current assets
€271k▲ 68.6%
Equity and liabilities €4.39M
Equity
€184k▲ 9.1%
Debt
€4.21M▲ 52.7%
The debt ratio rises from 94.2% to 95.8%. Equity and debt are higher.
Key figures and ratios
Solvency
4.2%▼
2024 · 5.8%
ROE
8.4%▲
2024 · -78.2%
ROA
0.3%▲
2024 · -4.5%
Debt
€4.21M▲
2024 · €2.75M
Debt ≤ 1 year
€1.16M▲
2024 · €524k
Debt > 1 year
€3.04M▲
2024 · €2.23M
Income taxes
€203▲
2024 · €25
Staff costs
€82k▲
2024 · €9k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.92M€4.39M▲
Fixed assets21/28€2.76M€4.12M▲
Intangible fixed assets21-€8k
Financial fixed assets28€2.76M€4.11M▲
Current assets29/58€161k€271k▲
Amounts receivable after more than one year29€30k€30k=
Other amounts receivable291€30k€30k=
Amounts receivable within one year40/41€92k€193k▲
Trade receivables40€92k€13k▼
Other amounts receivable41-€180k
Cash at bank and in hand54/58€38k€47k▲
Deferred charges and accrued income490/1-€784
Equity and liabilities
Total equity and liabilities10/49€2.92M€4.39M▲
Equity10/15€168k€184k▲
Contributions10/11€300k€300k=
Profit (loss) carried forward14€-132k€-116k▲
Amounts payable17/49€2.75M€4.21M▲
Amounts payable after more than one year17€2.23M€3.04M▲
Financial debts170/4€2.23M€3.04M▲
Amounts payable within one year42/48€524k€1.16M▲
Current portion of amounts payable after more than one year42€234k€267k▲
Trade debts44€66k€75k▲
Suppliers440/4€66k€75k▲
Taxes, remuneration and social security45€7k€20k▲
Taxes450/3€4k€7k▲
Remuneration and social security454/9€2k€13k▲
Other amounts payable47/48€217k€802k▲
Accrued charges and deferred income492/3€5k€5k▼
Income statement
Code20242025
Remuneration, social security and pensions62€9k€82k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€406
Other operating charges640/8-€381
Gross operating margin9900€-11k€203k▲
Operating profit (loss)9901€-20k€121k▲
Financial charges65/66B€112k€105k▼
Recurring financial charges65€112k€105k▼
Profit (loss) for the period before taxes9903€-132k€16k▲
Income taxes67/77€25€203▲
Profit (loss) for the period9904€-132k€15k▲
Profit (loss) for the period to be appropriated9905€-132k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-132k€-116k▲
Profit (loss) brought forward from the previous period14P-€-132k
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Destelbergen · 1 establishment unit since 2023
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.
Heidestraat(HEU) 71A9070 DestelbergenGround area
587 m²
Building footprint
121 m²
Volume, LiDAR
1,069 m³
Parcel 44028A0611/00Z002, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
AVG PARTNERS
since 20232.353.540.791
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44028A0611/00Z002 | Flanders | 587 m² | 1 · 121 m² | 11.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 7,725 EUR awarded · 7,725 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,400 EUR | 5,381 EUR |
| 2024 | 1 | 5,325 EUR | 2,344 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
JORO
BE 0884.243.585
Wijnegem · Eq €184k
OPEN VELD
BE 0627.621.969
Brussel · Eq €184k
VPC Invest Holding
BE 0632.616.281
Schilde · Eq €184k
Le Système D
BE 0701.811.430
Heist-op-den-Berg · Eq €184k
CHARLES ADAM
BE 0677.838.473
Beloeil · Eq €184k
Of 24,725 companies in sector 64210 we hold annual accounts for 19,754. 13,534 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-12-2023
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68310Real estate agency activities
68311Real estate activities
68321Property management for co-owned buildings (syndics)
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.