AVG PROJECTS (0806.513.230), Inactive: annual accounts and directors

AVG PROJECTS

KBO/BCE: BE 0806.513.230

Line	2026	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Balance sheet: assets
Total assets`20/58`	44,184	81,594	84,933	87,012	123,118	108,565	102,367	111,846	299,512	301,960	303,772	292,219	266,537	276,353	253,185	247,870	213,622	90,270
Fixed assets`21/28`	-	0	51,357	51,934	60,064	65,110	72,665	80,221	55,358	60,812	66,266	71,806	50,625	50,391	27,869	29,917	6,980	9,306
Tangible fixed assets`22/27`	-	0	1,356	1,933	10,064	15,110	22,665	30,221	5,358	10,812	16,266	21,806	625	391	2,869	4,917	6,980	9,306
Plant, machinery and equipment`23`	-	0	308	429	551	-	-	-	-	97	193	376	625	391	603	384	180	240
Furniture and vehicles`24`	-	0	1,049	1,503	9,513	15,110	22,665	30,221	5,358	10,715	16,073	21,430	-	-	2,267	4,533	6,800	9,066
Financial fixed assets`28`	-	0	50,001	50,001	50,000	50,000	50,000	50,000	50,000	50,000	50,000	50,000	50,000	50,000	25,000	25,000	-	-
Current assets`29/58`	44,184	81,594	33,575	35,079	63,055	43,455	29,702	31,625	244,155	241,149	237,506	220,413	215,913	225,963	225,316	217,953	206,643	80,964
Stocks and contracts in progress`3`	-	0	3,421	3,188	4,247	3,029	-	-	235,984	233,960	228,830	211,471	210,876	205,025	201,825	201,825	194,903	79,078
Stocks`30/36`	-	0	3,421	3,188	4,247	3,029	-	-	235,984	233,960	228,830	211,471	210,876	205,025	201,825	201,825	194,903	79,078
Amounts receivable within one year`40/41`	6,015	33,922	12,666	10,700	7,740	9,150	8,841	1,961	2,518	6,993	7,767	7,744	1,369	9,614	9,345	11,989	10,135	1,825
Trade receivables`40`	0	102	0	7,498	7,740	9,150	7,916	245	221	6,413	7,744	7,744	7	9,260	9,245	11,889	10,010	1,300
Other amounts receivable`41`	6,015	33,821	12,666	3,202	-	0	925	1,716	2,296	580	23	-	1,362	354	100	100	125	525
Cash at bank and in hand`54/58`	38,169	47,672	15,671	21,021	50,904	31,112	20,712	24,068	5,449	-	720	470	3,483	11,034	13,968	3,973	1,442	4
Deferred charges and accrued income`490/1`	-	0	1,818	170	164	164	148	5,596	204	196	189	727	185	289	178	166	163	57
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	44,184	81,594	84,933	87,012	123,118	108,565	102,367	111,846	299,512	301,960	303,772	292,219	266,537	276,353	253,185	247,870	213,622	90,270
Equity`10/15`	0	75,361	79,731	79,996	67,601	56,043	47,223	38,861	110,615	102,705	90,922	76,667	61,086	47,359	33,168	16,203	6,432	7,184
Contributions`10/11`	0	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
Issued capital`100`	-	-	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
Reserves`13`	0	59,271	61,131	61,396	49,001	37,443	28,623	20,261	92,015	84,105	72,322	58,067	42,486	28,759	14,568	500	-	-
Non-distributable reserves`130/1`	-	-	-	-	-	0	1,860	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	-	-	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	500	-	-
Reserves not available under the articles`1311`	-	-	-	-	-	0	1,860	-	-	-	-	-	-	-	-	-	-	-
Distributable reserves`133`	0	59,271	61,131	61,396	49,001	37,443	26,763	18,401	90,155	82,245	70,462	56,207	40,626	26,899	12,708	-	-	-
Profit (loss) carried forward`14`	0	-2,510	0	-	-	-	-	-	-	-	-	-	-	-	-	-2,897	-12,168	-11,416
Provisions and deferred taxes`16`	0	4,900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provisions for liabilities and charges`160/5`	0	4,900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Environmental obligations`163`	0	4,900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amounts payable`17/49`	44,184	1,333	5,202	7,016	55,517	52,522	55,144	72,985	188,898	199,255	212,850	215,552	205,452	228,994	220,017	231,666	207,190	83,086
Amounts payable after more than one year`17`	-	-	-	-	0	512	6,604	3,182	80,593	103,072	118,675	122,795	125,550	142,316	137,617	156,091	156,101	2,982
Financial debts`170/4`	-	-	-	-	0	512	6,604	3,182	80,593	103,072	118,675	122,795	125,550	142,316	137,617	156,091	156,101	2,982
Amounts payable within one year`42/48`	44,184	833	3,426	6,338	54,839	49,849	48,138	69,803	108,305	96,184	94,175	92,757	79,902	86,679	82,400	75,575	51,089	80,104
Current portion of amounts payable after more than one year`42`	-	-	-	0	512	6,091	9,173	6,590	22,447	21,908	19,618	24,944	24,549	17,870	18,232	21,281	11,532	1,510
Financial debts`43`	0	833	833	833	833	833	833	833	833	1,236	833	833	833	833	-	-	-	-
Credit institutions`430/8`	0	833	833	833	833	833	833	833	833	1,236	833	833	833	833	-	-	-	-
Trade debts`44`	-	0	1,093	194	1,761	215	48	38,912	541	206	563	165	-	82	159	1,319	590	36,573
Suppliers`440/4`	-	0	1,093	194	1,761	215	48	38,912	541	206	563	165	-	82	159	1,319	590	36,573
Taxes, remuneration and social security`45`	-	0	1,500	5,309	6,708	6,403	9,635	6,067	5,070	3,998	5,492	6,290	1,463	4,405	2,706	3,456	-	-
Taxes`450/3`	-	0	1,500	5,309	6,708	6,403	7,177	4,767	5,070	3,998	5,492	6,290	1,463	4,405	2,706	3,456	-	-
Remuneration and social security`454/9`	-	-	-	-	-	0	2,458	1,300	-	-	-	-	-	-	-	-	-	-
Other amounts payable`47/48`	44,184	-	0	1	45,025	36,307	28,449	17,400	79,414	68,836	67,669	60,525	53,057	63,488	61,303	49,518	38,967	42,022
Accrued charges and deferred income`492/3`	0	500	1,776	678	678	2,161	403	-	-	-	-	-	-	-	-	-	-	-
Income statement
Non-recurring operating income`76A`	-	-	-	-	-	0	3,000	-	-	-	-	-	-	-	-	-	-	-
Gross operating margin`9900`	-1,465	-2,594	13,752	29,393	28,656	24,600	22,677	32,112	19,985	25,644	32,532	34,577	26,134	30,180	32,865	23,403	19,440	-6,697
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	-	0	576	8,131	7,927	7,555	7,555	7,555	5,454	5,454	5,540	5,606	249	2,479	2,479	2,392	2,327	2,327
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	0	3,421	-	-	-	-	-	-	-	-	-	-	-	-	-	4,000	-	-
Other operating charges`640/8`	150	571	963	778	577	950	1,248	513	484	476	1,149	600	190	217	270	85	11,256	281
Operating profit (loss)`9901`	-1,615	-6,585	12,213	20,484	20,151	16,096	13,874	24,044	14,048	19,714	25,842	28,371	25,695	27,484	30,116	16,926	5,857	-9,305
Financial income`75/76B`	0	47,926	-	0	0	2	3	-	4	-	0	9	12	16	2	153	14	42
Recurring financial income`75`	0	47,926	-	0	0	2	3	-	4	-	0	9	12	16	2	153	14	42
Financial charges`65/66B`	41	45,585	260	728	1,694	1,564	1,440	2,093	2,858	3,511	6,611	7,282	7,238	8,561	8,567	7,306	6,624	2,153
Recurring financial charges`65`	41	45,585	260	728	1,694	1,564	1,440	2,093	2,858	3,511	6,611	7,282	7,238	8,561	8,567	7,306	6,624	2,153
Profit (loss) for the period before taxes`9903`	-1,656	-4,244	11,953	19,756	18,457	14,533	12,437	21,950	11,194	16,203	19,231	21,098	18,469	18,940	21,551	9,773	-752	-11,416
Income taxes`67/77`	0	126	4,309	7,360	6,900	5,713	4,075	11,459	3,284	4,420	4,977	5,516	4,743	4,749	4,586	1	-	0
Profit (loss) for the period`9904`	-1,656	-4,370	7,644	12,396	11,558	8,821	8,362	10,491	7,910	11,784	14,255	15,581	13,727	14,191	16,965	9,772	-752	-11,416
Profit (loss) for the period to be appropriated`9905`	-1,656	-4,370	7,644	12,396	11,558	8,821	8,362	10,491	7,910	11,784	14,255	15,581	13,727	14,191	16,965	9,772	-752	-11,416
Appropriation of the result
Profit (loss) to be appropriated`9906`	-4,166	-4,370	7,644	12,396	11,558	8,821	8,362	10,491	7,910	11,784	14,255	15,581	13,727	14,191	14,068	-2,397	-12,168	-11,416
Profit (loss) brought forward from the previous period`14P`	-2,510	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer from equity`791/2`	77,871	1,860	7,910	-	-	-	-	82,245	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	-	0	7,644	12,396	11,558	8,821	8,362	10,491	7,910	11,784	14,255	15,581	13,727	14,191	14,068	500	-	-
To the legal reserve`6920`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,360	500	-	-
To other reserves`6921`	-	0	7,644	12,396	11,558	8,821	8,362	10,491	7,910	11,784	14,255	15,581	13,727	14,191	12,708	-	-	-
Profit to be distributed`694/7`	73,705	0	7,910	-	-	-	-	82,245	-	-	-	-	-	-	-	-	-	-
Return on contributions (dividend)`694`	73,705	0	7,910	-	-	-	-	82,245	-	-	-	-	-	-	-	-	-	-
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Financial year	Type	Filed	Reference	Document
25-03-2026	micro format	13-07-2026	2026-00284649	PDF
31-12-2025	micro format	02-03-2026	2026-00047235	PDF
31-12-2024	micro format	24-06-2025	2025-00168202	PDF
31-12-2023	micro format	05-07-2024	2024-00210943	PDF
31-12-2022	micro format	30-06-2023	2023-00179299	PDF
31-12-2021	micro format	22-06-2022	2022-20080798	PDF
31-12-2020	micro format	23-06-2021	2021-23200438	PDF
31-12-2019	micro format	24-08-2020	2020-43700522	PDF
31-12-2018	micro format	21-06-2019	2019-20900387	PDF
31-12-2017	micro format	22-06-2018	2018-21500243	PDF
31-12-2016	micro format	16-06-2017	2017-18300097	PDF
31-12-2015	abbreviated format	27-06-2016	2016-22400251	PDF
31-12-2014	abbreviated format	17-07-2015	2015-32100360	PDF
31-12-2013	abbreviated format	27-06-2014	2014-23200342	PDF
31-12-2012	abbreviated format	24-06-2013	2013-20700488	PDF
31-12-2011	abbreviated format	25-06-2012	2012-20900166	PDF
31-12-2010	abbreviated format	15-07-2011	2011-30300579	PDF
31-12-2009	abbreviated format	31-08-2010	2010-50500457	PDF

Line	2026	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
EBITDA	-	-6,585	12,789	28,615	28,078	23,651	21,429	31,599	19,502	25,168	31,383	33,977	25,944	29,963	32,595	19,318	8,184	-6,979
Cash flow	-	-4,370	8,220	20,527	19,485	16,376	15,917	18,046	13,364	17,238	19,795	21,188	13,975	16,669	19,444	12,164	1,574	-9,090
Investment in fixed assets (approximation)	-	-51,357	0	1	2,880	0	0	37,776	0	0	0	26,788	483	25,000	431	25,330	0	11,633
Change in cash	-9,503	32,001	-5,350	-29,883	19,792	10,400	-3,356	18,619	-	-	250	-3,013	-7,551	-2,934	9,995	2,532	1,438	-
Working capital	0	80,761	30,149	28,741	8,215	-6,394	-18,437	-38,178	135,850	144,965	143,331	127,656	136,011	139,284	142,916	142,378	155,553	860
Solvency	0.0%	92.4%	93.9%	91.9%	54.9%	51.6%	46.1%	34.7%	36.9%	34.0%	29.9%	26.2%	22.9%	17.1%	13.1%	6.5%	3.0%	8.0%
Current ratio	1.00	97.92	9.80	5.54	1.15	0.87	0.62	0.45	2.25	2.51	2.52	2.38	2.70	2.61	2.73	2.88	4.04	1.01
Quick ratio	1.00	97.92	8.80	5.03	1.07	0.81	0.62	0.45	0.08	0.07	0.09	0.10	0.06	0.24	0.29	0.21	0.23	0.02
Debt to equity	-	0.02	0.07	0.09	0.82	0.94	1.17	1.88	1.71	1.94	2.34	2.81	3.36	4.84	6.63	14.30	32.21	11.57
ROE	-	-5.8%	9.6%	15.5%	17.1%	15.7%	17.7%	27.0%	7.2%	11.5%	15.7%	20.3%	22.5%	30.0%	51.1%	60.3%	-11.7%	-158.9%
ROA	-3.7%	-5.4%	9.0%	14.2%	9.4%	8.1%	8.2%	9.4%	2.6%	3.9%	4.7%	5.3%	5.1%	5.1%	6.7%	3.9%	-0.4%	-12.6%
Interest coverage	-	-0.14	49.20	39.29	16.58	15.12	-	-	-	-	-	-	-	-	-	-	-	-

Item	25-03-2026	2025	2024	2023	2022
Tangible fixed assets	-	-	-	-	€2,880
Financial fixed assets	-	-	-	€1	-
Depreciation and write-downs of the year	-	€0	€576	€8,131	€7,927

AVG PROJECTS

Overview

Lifetime

Key points

Equity

Debts

Liquidity

Board and ownership

Recent changes

Official details

Annual accounts to 25-03-2026

Insights on AVG PROJECTS

Financials

Annual accounts 2026

Balance sheet

Change in equityin euro

Change in cashin euro

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on AVG PROJECTS

Board & ownership

Mandates through the years

Control

Capital

Articles of association

Network & group

Holdings

Belgium 1 Equity Result

Holdings and subsidiaries

Connections & network

Timeline

History

Company details

Dissolved and wound up on 25 March 2026

Overview

Lifetime

Key points

Equity

Debts

Liquidity

Board and ownership

Recent changes

Official details

Annual accounts to 25-03-2026

Insights on AVG PROJECTS

Financials

Annual accounts 2026

Balance sheet

Change in equityin euro

Change in cashin euro

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on AVG PROJECTS

Board & ownership

Mandates through the years

Control

Capital

Articles of association

Network & group

Holdings

Belgium 1 Equity Result

Holdings and subsidiaries

Holdings 1

Connections & network

Timeline

Timeline

History

Company details

Dissolved and wound up on 25 March 2026