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AVGON

Active
Private limited companyfounded 20242 yrs activeRue Léopold 40, 4000 Liège, BelgiumKBO/BCE: BE 1009.649.244
Summary

AVGON has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €12,305 and a net result of -€17,695. Its solvency ranks better than 16% of 37948 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
Axes
Profitability0
Solvency38
Growth-
Track record67
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.89; short-term debt: 87.4% and cash: 1% of total assets), and 87.4% of the assets are financed with debt.
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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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
12.6%
Return on assets
-18.1%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 37948 sector peers (2024).
NBB · sector comparison
Position among 37948 sector peers
Solvency
better than 16%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2024
29 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 29 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

AVGON was incorporated on 24 May 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€12,305
Total assets
€97,737
Net result
-€17,695
Working capital
-€9,199

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €97,737
Fixed assets €21,504
Current assets €76,233
Equity and liabilities €97,737
Equity €12,305
Debt €85,432
Debt finances 87.4% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
-€16,644
Cash flow
-€16,966
Current ratio
0.89
Debt to equity
6.94
ROE
-143.8%
ROA
-18.1%
Interest coverage
-51.68
Debt ≤ 1 year
€85,432

Peer companies

Historical observation

Of the 1,207 companies that looked in July 2024 the way this one looks now, 4.2% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
4.2% went bankrupt
4.2% stopped otherwise
90% still going

A further 1.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,207 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 29 lines
Balance sheet Code2024
Assets
Total assets20/58€97,737
Fixed assets21/28€21,504
Tangible fixed assets22/27€17,754
Other tangible fixed assets26€17,754
Financial fixed assets28€3,750
Current assets29/58€76,233
Amounts receivable within one year40/41€75,079
Trade receivables40€75,000
Other amounts receivable41€79
Cash at bank and in hand54/58€936
Deferred charges and accrued income490/1€218
Equity and liabilities
Total equity and liabilities10/49€97,737
Equity10/15€12,305
Contributions10/11€30,000
Profit (loss) carried forward14-€17,695
Amounts payable17/49€85,432
Amounts payable within one year42/48€85,432
Trade debts44€3,592
Suppliers440/4€3,592
Other amounts payable47/48€81,840
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€729
Gross operating margin9900-€16,644
Operating profit (loss)9901-€17,373
Financial charges65/66B€322
Recurring financial charges65€322
Profit (loss) for the period before taxes9903-€17,695
Profit (loss) for the period9904-€17,695
Profit (loss) for the period to be appropriated9905-€17,695
Appropriation of the result
Profit (loss) to be appropriated9906-€17,695

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€729
Gross operating margin9900-€16,644
Operating profit (loss)9901-€17,373
Financial charges65/66B€322
Recurring financial charges65€322
Profit (loss) for the period before taxes9903-€17,695
Profit (loss) for the period9904-€17,695
Profit (loss) for the period to be appropriated9905-€17,695
Line2024
Assets
Total assets20/58€97,737
Fixed assets21/28€21,504
Tangible fixed assets22/27€17,754
Other tangible fixed assets26€17,754
Financial fixed assets28€3,750
Current assets29/58€76,233
Amounts receivable within one year40/41€75,079
Trade receivables40€75,000
Other amounts receivable41€79
Cash at bank and in hand54/58€936
Deferred charges and accrued income490/1€218
Equity and liabilities
Total equity and liabilities10/49€97,737
Equity10/15€12,305
Contributions10/11€30,000
Profit (loss) carried forward14-€17,695
Amounts payable17/49€85,432
Amounts payable within one year42/48€85,432
Trade debts44€3,592
Suppliers440/4€3,592
Other amounts payable47/48€81,840
Line2024
Profit (loss) for the period9904-€17,695
+ Depreciation and write-downs630€729
Operating cash flow (approximation)-€16,966

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Liège · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
146 m²
Building footprint
77 m²
Volume, LiDAR
1,636 m³
Parcel 62063A0382/00E000, Wallonia · tallest building 22.4 m, ±7 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
AVGON
Rue Léopold 40, 4000 LiègeWholesale of meat and meat products, excluding game and poultry
since 20242.359.842.724
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62063A0382/00E000
ProtectedMonument
Wallonia 146 m² 1 · 76 m² 22.4 m · 7 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 25,261 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded24-05-2024
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.