AVG RENOV
Open bankruptcyA bankruptcy procedure is open for AVG RENOV according to publications in the Belgian State Gazette; curator: GUNTHER PEETERS. The 2023 annual accounts show equity of €183k and a net result of €12k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 29-04-2024, 1 day ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
1 d early
2022
3 d early
2021
2 d late
2020
on the day
2018
2 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€183k▲ 7.1%
2022 · €171k
2018: €36k
2020: €44k
2021: €72k
2022: €171k
2018 → 2023
Total assets
€316k▲ 7.1%
2022 · €295k
2018: €40k
2020: €138k
2021: €165k
2022: €295k
2018 → 2023
Net result
€12k▼ 87.6%
2022 · €98k
2018: €24k
2020: €8k
2021: €28k
2022: €98k
2018 → 2023
Working capital
€189k▲ 30.0%
2022 · €146k
2018: €36k
2020: €34k
2021: €55k
2022: €146k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182020202120222023Trend
Equity€36k-€44k▲ 20.6%€72k▲ 64.7%€171k▲ 136%€183k▲ 7.1%
Operating result€24k-€18k▼ 25.9%€42k▲ 133%€108k▲ 159%€38k▼ 65.1%
Net result€24k-€8k▼ 68.1%€28k▲ 279%€98k▲ 246%€12k▼ 87.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 65% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €316k
Fixed assets
€48k▼ 40.0%
Current assets
€268k▲ 24.6%
Equity and liabilities €316k
Equity
€183k▲ 7.1%
Debt
€133k▲ 7.1%
The debt ratio stays at 42.2%.
Key figures and ratios
EBITDA
€71k▼
2022 · €144k
Cash flow
€45k▼
2022 · €134k
Solvency
57.8%=
2022 · 57.8%
Current ratio
3.40▲
2022 · 3.09
Quick ratio
2.78▼
2022 · 3.09
Debt / equity
0.73=
2022 · 0.73
ROE
6.6%▼
2022 · 57.6%
ROA
3.8%▼
2022 · 33.3%
Interest coverage
33.85▼
2022 · 140.38
Debt
€133k▲
2022 · €125k
Debt ≤ 1 year
€79k▲
2022 · €70k
Debt > 1 year
€53k=
2022 · €53k
Income taxes
€24k▲
2022 · €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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€295k€316k▲
Fixed assets21/28€80k€48k▼
Tangible fixed assets22/27€80k€48k▼
Plant, machinery and equipment23€6k€8k▲
Furniture and vehicles24€74k€40k▼
Current assets29/58€215k€268k▲
Stocks and contracts in progress3-€49k
Contracts in progress37-€49k
Amounts receivable within one year40/41€170k€84k▼
Trade receivables40€165k€37k▼
Other amounts receivable41€5k€47k▲
Cash at bank and in hand54/58€43k€38k▼
Deferred charges and accrued income490/1€2k€97k▲
Equity and liabilities
Total equity and liabilities10/49€295k€316k▲
Equity10/15€171k€183k▲
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€163k€175k▲
Amounts payable17/49€125k€133k▲
Amounts payable after more than one year17€53k€53k=
Financial debts170/4€53k€53k=
Amounts payable within one year42/48€70k€79k▲
Current portion of amounts payable after more than one year42€32k€24k▼
Trade debts44€30k€55k▲
Suppliers440/4€30k€55k▲
Other amounts payable47/48€7k-
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20222023
Non-recurring operating income76A-€9k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€33k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€10k-
Other operating charges640/8€1k€3k▲
Gross operating margin9900€156k€73k▼
Operating profit (loss)9901€108k€38k▼
Financial income75/76B€280€10▼
Recurring financial income75€280€10▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€108k€36k▼
Income taxes67/77€9k€24k▲
Profit (loss) for the period9904€98k€12k▼
Profit (loss) for the period to be appropriated9905€98k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€163k€175k▲
Profit (loss) brought forward from the previous period14P€64k€163k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-03
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · AVG RENOV BV STEENWEG OP BRUSSEL 322, 1780 WEMMEL · event 04-03-2025
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2018net €98k ▲246%
Operating result €108k, net result €98k, both a record.
30-09
Financial
Equity above €150kEq €171k ▲136%
4 profitable years in a row build equity to €171k.
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €8k ▼68.1%
Net result drops to €8k, the lowest in the series.
2019
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 2 days late
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
08-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Wemmel · 1 establishment unit since 2015
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.
Steenweg op Brussel 3221780 WemmelGround area
485 m²
Building footprint
196 m²
Volume, LiDAR
1,385 m³
2 parcels, Brussels, Flanders · tallest building 18.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Establishment
since 20152.244.572.278
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21815D0114/00N006 | Brussels | 283 m² | 1 · 145 m² | 18.9 m · 2 fl. |
| 22662B0414/00Z000 | Flanders | 201 m² | 1 · 51 m² | 10.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GUNTHER PEETERS KUNSTLAAN 24 BUS 9,
1000 BRUSSEL 1 |
04-03-2025 → present |
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,939 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-08-2015
Fiscal year end30-09
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
53200Other postal and courier activities
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.