AVG PROPERTIES
ActiveAVG PROPERTIES has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €646k and a net result of €167k. Equity is growing by ~32.6% per year across the filed fiscal years. Its solvency ranks better than 52% of 9098 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
89
/ 100
Excellent▲ +11 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+50
Solvency59▲+5
Growth78=
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.33 in 2024), and 65.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
34.3%
Return on assets
8.9%
Age of the figures
8 mo
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 16-07-2026, 15 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
15 d early
2024
9 d early
2023
23 d early
2022
12 d early
2021
11 d early
2020
16 d early
2019
61 d late
← 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€646k▲ 35.0%
2024 · €478k
2018: €23k
2019: €74k
2020: €163k
2021: €218k
2022: €309k
2023: €430k
2024: €478k
2018 → 2025
Total assets
€1.88M▲ 17.2%
2024 · €1.61M
2018: €223k
2019: €476k
2020: €686k
2021: €1.44M
2022: €700k
2023: €986k
2024: €1.61M
2018 → 2025
Net result
€167k▲ 249%
2024 · €48k
2018: €5k
2019: €51k
2020: €76k
2021: €199k
2022: €209k
2023: €122k
2024: €48k
2018 → 2025
Working capital
€274k▼ 15.9%
2024 · €325k
2018: €-19k
2019: €16k
2020: €107k
2021: €144k
2022: €228k
2023: €309k
2024: €325k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€218k-€309k▲ 41.7%€430k▲ 39.5%€478k▲ 11.2%€646k▲ 35.0%
Operating result€268k-€291k▲ 8.4%€183k▼ 37.1%€90k▼ 50.7%€254k▲ 182%
Net result€199k-€209k▲ 5.1%€122k▼ 41.7%€48k▼ 60.6%€167k▲ 249%
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 recovers in 2025; 2025 is 182% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.88M
Fixed assets
€472k▲ 62.3%
Current assets
€1.41M▲ 7.2%
Equity and liabilities €1.88M
Equity
€646k▲ 35.0%
Debt
€1.24M▲ 9.6%
The debt ratio falls from 70.3% to 65.7%: equity grows faster than debt.
Key figures and ratios
EBITDA
€361k▲
2024 · €173k
Cash flow
€274k▲
2024 · €131k
Solvency
34.3%▲
2024 · 29.7%
Current ratio
1.24▼
2024 · 1.33
Quick ratio
1.24▼
2024 · 1.33
Debt / equity
1.92▼
2024 · 2.36
ROE
25.9%▲
2024 · 10.0%
ROA
8.9%▲
2024 · 3.0%
Interest coverage
23.82▲
2024 · 10.28
Debt
€1.24M▲
2024 · €1.13M
Debt ≤ 1 year
€1.14M▲
2024 · €992k
Debt > 1 year
€63k▼
2024 · €138k
Income taxes
€74k▲
2024 · €29k
Staff costs
€417k▼
2024 · €472k
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€1.61M€1.88M▲
Fixed assets21/28€291k€472k▲
Intangible fixed assets21€94k€324k▲
Tangible fixed assets22/27€172k€124k▼
Land and buildings22€7k€6k▼
Plant, machinery and equipment23€23k€14k▼
Furniture and vehicles24€9k€4k▼
Other tangible fixed assets26€134k€100k▼
Financial fixed assets28€25k€24k▼
Current assets29/58€1.32M€1.41M▲
Amounts receivable within one year40/41€995k€1.20M▲
Trade receivables40€760k€881k▲
Other amounts receivable41€235k€318k▲
Current investments50/53€0-
Cash at bank and in hand54/58€255k€177k▼
Deferred charges and accrued income490/1€67k€37k▼
Equity and liabilities
Total equity and liabilities10/49€1.61M€1.88M▲
Equity10/15€478k€646k▲
Contributions10/11€19k€19k=
Reserves13€460k€627k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€460k€627k▲
Amounts payable17/49€1.13M€1.24M▲
Amounts payable after more than one year17€138k€63k▼
Financial debts170/4€138k€63k▼
Amounts payable within one year42/48€992k€1.14M▲
Current portion of amounts payable after more than one year42€60k€131k▲
Financial debts43€49k€0▼
Credit institutions430/8€45k€0▼
Other loans439€5k€0▼
Trade debts44€784k€960k▲
Suppliers440/4€784k€960k▲
Taxes, remuneration and social security45€99k€48k▼
Taxes450/3€47k€7k▼
Remuneration and social security454/9€52k€41k▼
Other amounts payable47/48€0-
Accrued charges and deferred income492/3-€36k
Income statement
Code20242025
Non-recurring operating income76A€6k€5k▼
Remuneration, social security and pensions62€472k€417k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€83k€107k▲
Other operating charges640/8€16k€9k▼
Non-recurring operating charges66A€0€8k▲
Gross operating margin9900€660k€796k▲
Operating profit (loss)9901€90k€254k▲
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€17k€15k▼
Recurring financial charges65€17k€15k▼
Profit (loss) for the period before taxes9903€77k€242k▲
Income taxes67/77€29k€74k▲
Profit (loss) for the period9904€48k€167k▲
Profit (loss) for the period to be appropriated9905€48k€167k▲
Appropriation of the result
Profit (loss) to be appropriated9906€48k€167k▲
Transfer to equity691/2€48k€167k▲
To other reserves6921€48k€167k▲
Social balance
Average headcount (FTE)90878.67.1▼
The notes to these accounts (28 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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €500kEq €646k ▲35%
8 profitable years in a row build equity to €646k.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €209k ▲5.1%
Operating result €291k, net result €209k, both a record.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €200kEq €218k ▲33.8%
4 profitable years in a row build equity to €218k.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150kEq €163k ▲120%
3 profitable years in a row build equity to €163k.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
02-01-2025
Lystone BV: Resigned as Director
01-12-2023
BRICKS CONSULTING: Resigned as Director
01-12-2023
S.B. Aalter: Resigned as Director
Location & real-estate footprint
Registered office, Destelbergen · 14 establishment units since 2017
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
9,792 m²
Building footprint
5,207 m²
Volume, LiDAR
45,290 m³
14 parcels, Flanders · tallest building 19.3 m, ±5 floors. Linked by address, not a title deed.
14 establishment units
BD VASTGOED
since 20172.267.882.368
Altro Vastgoed
since 20212.313.848.391
Altro Vastgoed
since 20212.313.848.490
Altro Vastgoed
since 20212.313.848.589
Altro Vastgoed
since 20212.313.848.688
Altro Vastgoed
since 20212.313.848.787
Show 8 more locations
Altro Vastgoed
since 20212.320.560.001
Altro Vastgoed
since 20212.320.560.197
Altro Vastgoed
since 20232.345.910.851
Altro Vastgoed
since 20242.355.360.730
Altro Vastgoed
since 20242.363.176.356
Altro Vastgoed
since 20252.378.419.808
Altro Vastgoed
since 20252.378.419.907
Immo Katrien
since 20262.383.543.782
14 parcels
Flanders
14
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23047A0119/00M002 | Flanders | 2,438 m² | 1 · 2,175 m² | 19.3 m · 2 fl. |
| 11018B0038/00B012 | Flanders | 1,525 m² | 1 · 204 m² | 11.6 m · 3 fl. |
| 44808H0660/00Z000 | Flanders | 1,313 m² | 1 · 642 m² | 15.7 m · 4 fl. |
| 34354C0111/00H002 | Flanders | 1,172 m² | 1 · 396 m² | 12.3 m · 3 fl. |
| 31030A0452/00T002 | Flanders | 861 m² | 1 · 238 m² | 6.8 m · 1 fl. |
| 44028A0611/00Z002 | Flanders | 587 m² | 1 · 121 m² | 11.9 m · 3 fl. |
| 44503H0603/00N000 | Flanders | 518 m² | 1 · 122 m² | 11.8 m · 3 fl. |
| 11472C0319/00K002 | Flanders | 396 m² | 1 · 144 m² | 15.1 m · 4 fl. |
| 45035B0122/00H000 | Flanders | 287 m² | 1 · 515 m² | 17.6 m · 5 fl. |
| 42302E0630/00K000 | Flanders | 267 m² | 1 · 246 m² | 13.6 m · 4 fl. |
| 44028C0310/00K000indicative | Flanders | 164 m² | 1 · 154 m² | 11.6 m · 2 fl. |
| 35382D0633/00F004 | Flanders | 118 m² | 1 · 105 m² | 12.8 m · 3 fl. |
| 12025E0002/00W000 | Flanders | 88 m² | 1 · 88 m² | 11.6 m · 3 fl. |
| 42006C0100/00F000 | Flanders | 57 m² | 1 · 59 m² | 16.5 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 13
13 of 14 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
3 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 30,734 EUR awarded · 28,348 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 6,370 EUR | 3,984 EUR |
| 2024 | 1 | 5,736 EUR | 5,736 EUR |
| 2023 | 2 | 11,134 EUR | 15,874 EUR |
| 2022 | 1 | 7,494 EUR | 2,754 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Werkbaarheidscheque (stopgezet)
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Of 11,700 companies in sector 68310 we hold annual accounts for 6,875. 4,269 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-09-2017
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Business parks
2 parksOffers a parcel on business park:E40 R4 Handelsbeurssite - Flanders Expo
Offers a parcel on business park:Nijverheidsdok