AVIETA
ActiveSummary
AVIETA has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5.7m and a net result of -€114,554. Equity is shrinking by ~4% per year across the filed fiscal years. Its solvency ranks better than 16% of 862 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability52▲+11
Solvency36▼-1
Growth39▼-10
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €310,000 at 30 days acceptable
Liquidity tight (current ratio 1.22 against 1.42 in 2023; short-term debt: 29.4% and cash: 3.5% of total assets), and 89% of the assets are financed with debt.
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Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Manufacture of food products (NACE 10)
about 60% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€114,554
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 862 sector peers (2024).
NBB · sector comparisonPosition among 862 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
33 d early
2022
32 d early
2021
34 d early
2020
37 d early
2019
39 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 36 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
History
On 6 December 1983, AVIETA was incorporated.1 In 2010 the registered office moved to Vinalmont.2 NARDA S.A. was merged into the company in 2013.3 The capital was increased 2 times between 2014 and 2022, most recently to EUR 341,113.34 In 2022 the company took the name AVIETA.4 Of the 12 current board members, SA BEPA has served longest, since 2011.5 Revenue went from EUR 41 million in 2018 to EUR 57 million in 2024 and headcount from 176 to 221 full-time equivalents.6
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Financials · fiscal year 2024, full schema
In the rankings
#2 employer in Wanze#2 oldest company in Wanze, Manufacturing sector#3 company by total assets in Wanze, Manufacturing sector
Turnover
€56.7m▲ 22.9%
2023 · €46.2m
EBIT margin
0.0%▲ 5.0pp
2023 · -4.9%
Net result
-€114,554▲ 93.9%
2023 · -€1.9m
Working capital
€3.4m▼ 34.9%
2023 · €5.3m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€40.6m▼ 4.3%€48.0m▲ 18.4%€55.7m▲ 15.8%€46.2m▼ 17.1%€56.7m▲ 22.9%
Operating result€1.6m▲ 99.0%-€2.0m-€356,356▲ 81.9%-€2.3m▼ 539%€22,932
Net result€707,484▲ 115%-€2.7m-€951,550▲ 64.5%-€1.9m▼ 96.5%-€114,554▲ 93.9%
EBIT margin3.9%▲ 2.0pp-4.1%▼ 8.0pp-0.6%▲ 3.4pp-4.9%▼ 4.3pp0.0%▲ 5.0pp
Equity€10.6m▲ 39.1%€10.2m▼ 3.5%€9.2m▼ 9.4%€6.4m▼ 30.3%€5.7m▼ 11.0%
Total assets€58.5m▲ 52.7%€69.1m▲ 18.2%€59.6m▼ 13.7%€55.3m▼ 7.2%€52.2m▼ 5.7%
Debt€47.8m▲ 56.3%€58.8m▲ 23.0%€50.3m▼ 14.5%€48.8m▼ 2.9%€46.4m▼ 5.0%
Working capital€12.7m▲ 119%€7.4m▼ 41.5%€4.9m▼ 33.7%€5.3m▲ 7.0%€3.4m▼ 34.9%
Staff (FTE)196.6▼ 1.7%205.9▲ 4.7%239▲ 16.1%218.8▼ 8.5%220.9▲ 1.0%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €22,932 after a loss of €2.3m in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €52.2m
Fixed assets
€33.4m ▼ 10.8%
Current assets
€18.7m ▲ 4.8%
Equity and liabilities €52.2m
Equity
€5.7m ▼ 11.0%
Provisions
€61,195 ▼ 12.1%
Debt
€46.4m ▼ 5.0%
Debt's share of the balance-sheet total rises from 88.2% to 88.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€4.7m▲
2023 · €3.1m
Cash flow
€4.5m▲
2023 · €3.6m
Current ratio
1.22▼
2023 · 1.42
Quick ratio
0.86▼
2023 · 1.14
Debt to equity
8.08▲
2023 · 7.57
ROE
-2.0%▲
2023 · -29.0%
ROA
-0.2%▲
2023 · -3.4%
Interest coverage
4.02▲
2023 · 2.89
Debt ≤ 1 year
€15.3m▲
2023 · €12.6m
Debt > 1 year
€30.8m▼
2023 · €36.0m
Income taxes
€5,528▼
2023 · €6,942
Staff costs
€12.6m▲
2023 · €11.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 367 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 97% are still going.
- Medium-sized
- 20 years or older
- solvency 10 to 30%
- a small loss
0.5%
went bankrupt
2.2%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
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%.
| 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 367 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €49.6m | €56.8m | €46.5m | €59.3m | ▲ 27.4% |
| Turnover70 | €40.6m | €48.0m | €55.7m | €46.2m | €56.7m | ▲ 22.9% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | €421,649 | -€34,513 | -€1.1m | €1.8m | ▲ 264% |
| Other operating income74 | - | €1.0m | €1.0m | €1.4m | €753,030 | ▼ 46.3% |
| Non-recurring operating income76A | - | €43,472 | €153,318 | €47,862 | €47,166 | ▼ 1.5% |
| Operating charges60/66A | - | €51.5m | €57.2m | €48.8m | €59.3m | ▲ 21.4% |
| Goods for resale, raw materials and consumables60 | - | €23.0m | €25.0m | €20.0m | €26.8m | ▲ 33.9% |
| Purchases600/8 | - | €24.8m | €25.4m | €19.2m | €27.0m | ▲ 40.7% |
| Change in stocks: decrease (increase)609 | - | -€1.8m | -€337,200 | €779,549 | -€250,278 | ▼ 132% |
| Services and other goods61 | - | €12.1m | €14.4m | €11.7m | €15.0m | ▲ 28.1% |
| Remuneration, social security and pensions62 | - | €11.1m | €12.0m | €11.6m | €12.6m | ▲ 8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4.3m | €5.1m | €5.6m | €5.4m | €4.6m | ▼ 14.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €1,760 | €103,777 | -€107,240 | €8,115 | ▲ 108% |
| Other operating charges640/8 | - | €119,164 | €111,248 | €192,596 | €209,281 | ▲ 8.7% |
| Non-recurring operating charges66A | - | - | €19,500 | - | €0 | - |
| Operating profit (loss)9901 | €1.6m | -€2.0m | -€356,356 | -€2.3m | €22,932 | ▲ 101% |
| Financial income75/76B | - | €629,017 | €658,373 | €1.5m | €1.1m | ▼ 30.8% |
| Recurring financial income75 | €416,106 | €629,017 | €658,373 | €1.5m | €1.1m | ▼ 30.8% |
| Income from financial fixed assets750 | - | - | €27 | €893,280 | €423,182 | ▼ 52.6% |
| Income from current assets751 | - | €3,788 | €1,449 | - | - | - |
| Other financial income752/9 | - | €625,229 | €656,896 | €624,736 | €627,105 | ▲ 0.4% |
| Non-recurring financial income76B | - | - | €0 | - | - | - |
| Financial charges65/66B | - | €1.3m | €1.3m | €1.1m | €1.2m | ▲ 7.0% |
| Recurring financial charges65 | €1.1m | €1.3m | €1.3m | €1.1m | €1.2m | ▲ 7.0% |
| Debt charges650 | €882,165 | €1.2m | €1.2m | €1.1m | €1.2m | ▲ 6.6% |
| Other financial charges652/9 | - | €143,465 | €98,003 | €23,129 | €28,946 | ▲ 25.2% |
| Profit (loss) for the period before taxes9903 | €930,827 | -€2.7m | -€954,938 | -€1.9m | -€117,428 | ▲ 93.7% |
| Transfer from deferred taxes780 | - | €10,804 | €9,918 | €9,120 | €8,402 | ▼ 7.9% |
| Income taxes67/77 | €235,132 | €5,728 | €6,530 | €6,942 | €5,528 | ▼ 20.4% |
| Taxes670/3 | - | €5,728 | €6,530 | €6,942 | €5,528 | ▼ 20.4% |
| Profit (loss) for the period9904 | €707,484 | -€2.7m | -€951,550 | -€1.9m | -€114,554 | ▲ 93.9% |
| Transfer from tax-exempt reserves789 | - | €574,912 | €385,753 | €27,360 | €25,206 | ▼ 7.9% |
| Profit (loss) for the period to be appropriated9905 | €742,851 | -€2.1m | -€565,797 | -€1.8m | -€89,349 | ▲ 95.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €58.5m | €69.1m | €59.6m | €55.3m | €52.2m | ▼ 5.7% |
| Fixed assets21/28 | €34.2m | €45.5m | €42.2m | €37.5m | €33.4m | ▼ 10.8% |
| Intangible fixed assets21 | €193,209 | €435,999 | €465,096 | €376,559 | €424,518 | ▲ 12.7% |
| Tangible fixed assets22/27 | €34.0m | €44.6m | €41.7m | €37.0m | €33.0m | ▼ 11.0% |
| Land and buildings22 | - | €29.0m | €28.6m | €27.0m | €25.3m | ▼ 6.3% |
| Plant, machinery and equipment23 | - | €15.1m | €13.0m | €9.9m | €7.6m | ▼ 23.6% |
| Furniture and vehicles24 | - | €141,423 | €158,293 | €112,811 | €73,321 | ▼ 35.0% |
| Leasing and similar rights25 | - | €0 | €0 | €0 | €0 | - |
| Assets under construction and advance payments27 | - | €360,043 | €0 | - | - | - |
| Financial fixed assets28 | €11,113 | €473,974 | €31,335 | €36,292 | €29,607 | ▼ 18.4% |
| Affiliated companies280/1 | - | €455,016 | €20,877 | €20,877 | €20,877 | = |
| Participating interests280 | - | €20,877 | €20,877 | €20,877 | €20,877 | = |
| Amounts receivable281 | - | €434,140 | €0 | - | - | - |
| Other financial fixed assets284/8 | - | €18,958 | €10,458 | €15,416 | €8,730 | ▼ 43.4% |
| Amounts receivable and cash guarantees285/8 | - | €18,958 | €10,458 | €15,416 | €8,730 | ▼ 43.4% |
| Current assets29/58 | €24.3m | €23.6m | €17.4m | €17.9m | €18.7m | ▲ 4.8% |
| Stocks and contracts in progress3 | €2.8m | €5.0m | €5.2m | €3.5m | €5.5m | ▲ 57.9% |
| Stocks30/36 | - | €5.0m | €5.2m | €3.5m | €5.5m | ▲ 57.9% |
| Raw materials and consumables30/31 | - | €3.3m | €3.5m | €2.8m | €3.1m | ▲ 9.0% |
| Finished goods33 | - | €1.8m | €1.7m | €644,534 | €2.4m | ▲ 274% |
| Amounts receivable within one year40/41 | €8.7m | €12.2m | €9.3m | €8.4m | €11.1m | ▲ 31.4% |
| Trade receivables40 | - | €8.1m | €6.1m | €7.0m | €9.1m | ▲ 31.5% |
| Other amounts receivable41 | - | €4.1m | €3.2m | €1.5m | €1.9m | ▲ 31.0% |
| Current investments50/53 | - | - | - | - | €0 | - |
| Other investments51/53 | - | - | - | - | €0 | - |
| Cash at bank and in hand54/58 | €12.5m | €6.0m | €2.5m | €5.4m | €1.8m | ▼ 65.7% |
| Deferred charges and accrued income490/1 | - | €378,481 | €371,714 | €615,981 | €337,460 | ▼ 45.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €58.5m | €69.1m | €59.6m | €55.3m | €52.2m | ▼ 5.7% |
| Equity10/15 | €10.6m | €10.2m | €9.2m | €6.4m | €5.7m | ▼ 11.0% |
| Contributions10/11 | €320,000 | €320,000 | €782,000 | €782,000 | €782,000 | = |
| Capital10 | - | €320,000 | €341,113 | €341,113 | €341,113 | = |
| Issued capital100 | - | €320,000 | €341,113 | €341,113 | €341,113 | = |
| Outside capital11 | - | - | €440,887 | €440,887 | €440,887 | = |
| Share premium1100/10 | - | - | €440,887 | €440,887 | €440,887 | = |
| Reserves13 | €1.5m | €922,739 | €539,098 | €245,342 | €220,136 | ▼ 10.3% |
| Non-distributable reserves130/1 | - | €32,000 | €34,111 | €34,111 | €34,111 | = |
| Legal reserve130 | - | €32,000 | €34,111 | €34,111 | €34,111 | = |
| Tax-exempt reserves132 | - | €624,343 | €238,590 | €211,230 | €186,025 | ▼ 11.9% |
| Distributable reserves133 | - | €266,396 | €266,396 | €0 | - | - |
| Profit (loss) carried forward14 | €4.3m | €2.2m | €1.6m | €35,038 | -€54,311 | ▼ 255% |
| Investment grants15 | - | €6.8m | €6.3m | €5.4m | €4.8m | ▼ 11.0% |
| Provisions and deferred taxes16 | €99,439 | €88,635 | €78,717 | €69,597 | €61,195 | ▼ 12.1% |
| Deferred taxes168 | - | €88,635 | €78,717 | €69,597 | €61,195 | ▼ 12.1% |
| Amounts payable17/49 | €47.8m | €58.8m | €50.3m | €48.8m | €46.4m | ▼ 5.0% |
| Amounts payable after more than one year17 | €35.4m | €42.5m | €37.6m | €36.0m | €30.8m | ▼ 14.5% |
| Financial debts170/4 | - | €42.0m | €37.1m | €35.5m | €30.3m | ▼ 14.7% |
| Subordinated loans170 | - | €10.1m | €8.9m | €10.6m | €8.2m | ▼ 23.0% |
| Credit institutions173 | - | €31.7m | €28.2m | €24.8m | €22.1m | ▼ 11.1% |
| Other loans174 | - | €175,000 | €75,000 | €0 | - | - |
| Other amounts payable178/9 | - | €500,000 | €500,000 | €500,000 | €500,000 | = |
| Amounts payable within one year42/48 | €11.7m | €16.2m | €12.5m | €12.6m | €15.3m | ▲ 21.3% |
| Current portion of amounts payable after more than one year42 | - | €5.5m | €4.9m | €4.7m | €5.2m | ▲ 11.9% |
| Financial debts43 | - | €1.5m | €810,000 | €1.7m | €850,000 | ▼ 49.6% |
| Credit institutions430/8 | - | - | €810,000 | €1.7m | €850,000 | ▼ 49.6% |
| Other loans439 | - | €1.5m | €0 | - | - | - |
| Trade debts44 | €5.5m | €6.5m | €4.0m | €3.5m | €6.4m | ▲ 86.2% |
| Suppliers440/4 | - | €6.5m | €4.0m | €3.5m | €6.4m | ▲ 86.2% |
| Taxes, remuneration and social security45 | - | €2.6m | €2.7m | €2.8m | €2.8m | ▼ 0.5% |
| Taxes450/3 | - | €256,531 | €336,188 | €262,274 | €34,140 | ▼ 87.0% |
| Remuneration and social security454/9 | - | €2.4m | €2.4m | €2.6m | €2.8m | ▲ 8.4% |
| Other amounts payable47/48 | - | €12,838 | €11,405 | €3,700 | €4,029 | ▲ 8.9% |
| Accrued charges and deferred income492/3 | - | €89,110 | €194,522 | €222,969 | €286,399 | ▲ 28.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €707,484 | -€2.7m | -€951,550 | -€1.9m | -€114,554 | ▲ 93.9% |
| + Depreciation and write-downs630 | €4.3m | €5.1m | €5.6m | €5.4m | €4.6m | ▼ 14.2% |
| Operating cash flow (approximation) | €5.0m | €2.5m | €4.6m | €3.6m | €4.5m | ▲ 27.7% |
| Investment in fixed assets (approximation) | - | -€16.5m | -€2.3m | -€641,420 | -€613,777 | ▲ 4.3% |
| Change in cash | - | -€6.5m | -€3.5m | €2.9m | -€3.5m | ▼ 222% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-12
State Gazette act
Resignation: ATEXIM (director)Appointment: LIMAUGE Alexandre (director) · Mandate compensation · Approval9 facts ▸
State Gazette act
Resignation: ATEXIM (director)
Appointment: LIMAUGE Alexandre (director) · Mandate compensation · Approval9 facts ▸
- General meeting, 12-12-2025
- Director resignation, ATEXIM (director)
- Director appointment, LIMAUGE Alexandre (director)
- Mandate compensation, LIMAUGE Alexandre
- Approval, rapport du conseil d'administration et rapport du commissaire
- Share issue, 8291, Warrants ESOP 2025
- Capital increase
- Power of attorney, AVIETA
- Power of attorney, AVIETA
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
09-12
State Gazette act
Reappointment: Danielle Quivy (statutory auditor)2 facts ▸
State Gazette act
Reappointment: Danielle Quivy (statutory auditor)
2 facts ▸
- General meeting, 20-06-2024
- Auditor reappointment, Danielle Quivy (statutory auditor)
05-12
State Gazette act
Appointment: Gatien Laloux (director)2 facts ▸
State Gazette act
Appointment: Gatien Laloux (director)
2 facts ▸
- General meeting, 26-09-2024
- Director appointment, Gatien Laloux (director)
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
29-06
State Gazette act
Reappointments: SA SETAG, SA BEPA and 6 othersPermanent representatives: Anne François, Amandine Limauge and Alexandre Limauge · Resignation: SCRL Capital et Croissance (director) · Appointment: Pierre Bernès (director)14 facts ▸
State Gazette act
Reappointments: SA SETAG, SA BEPA and 6 others
Permanent representatives: Anne François, Amandine Limauge and Alexandre Limauge · Resignation: SCRL Capital et Croissance (director) · Appointment: Pierre Bernès (director)14 facts ▸
- General meeting, 16-06-2022
- Director reappointment, SA SETAG (director)
- Permanent representative, Anne François
- Director reappointment, SA BEPA (director)
- Permanent representative, Amandine Limauge
- Director reappointment, SRL ATEXIM (director)
- Permanent representative, Alexandre Limauge
- Director reappointment, Michèle Sioen (director)
- Director reappointment, Jean-Pierre Delwart (director)
- Director reappointment, Jean Vandemoortele (director)
- Director reappointment, Luc Van Nerom (director)
- Director reappointment, Franck Roseau (director)
- +2 further facts in this act
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
22-02
State Gazette act
Capital & shares · Statutes amendment · Resignations & appointmentsName change · Capital increase · Share issue6 facts ▸
State Gazette act
Capital & shares · Statutes amendment · Resignations & appointments
Name change · Capital increase · Share issue6 facts ▸
- General meeting, 07-02-2022
- Name change, AVIETA
- Capital increase, €21.113,4
- Share issue, nominatives, 4620
- Capital, €341.113,4
- Power of attorney, Organe d'administration
2021
31-12
Financial
Weakest financial yearnet -€2.7m
Net result drops to -€2.7m, the lowest in the series; recovery starts the following year.
30-11
State Gazette act
Resignation: BEPA (managing director)Accounting effect3 facts ▸
State Gazette act
Resignation: BEPA (managing director)
Accounting effect3 facts ▸
- Board meeting, 17-11-2021
- Accounting effect, 01-01-2022
- Director resignation, BEPA (managing director)
30-11
State Gazette act
Resignation: Amandine Limauge (director)Permanent representative: Amandine Limauge3 facts ▸
State Gazette act
Resignation: Amandine Limauge (director)
Permanent representative: Amandine Limauge3 facts ▸
- General meeting, 17-11-2021
- Director resignation, Amandine Limauge (director)
- Permanent representative, Amandine Limauge
Show earlier events
06-07
State Gazette act
Reappointment: Danielle Quivy (statutory auditor)2 facts ▸
State Gazette act
Reappointment: Danielle Quivy (statutory auditor)
2 facts ▸
- General meeting, 17-06-2021
- Auditor reappointment, Danielle Quivy (statutory auditor)
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
25-02
State Gazette act
Appointment: Michèle Sioen (director)Mandate compensation3 facts ▸
State Gazette act
Appointment: Michèle Sioen (director)
Mandate compensation3 facts ▸
- General meeting, 22-01-2021
- Director appointment, Michèle Sioen (director)
- Mandate compensation, Michèle Sioen
03-02
State Gazette act
Appointment: SA SETAG (chair of the board)Permanent representative: Anne François3 facts ▸
State Gazette act
Appointment: SA SETAG (chair of the board)
Permanent representative: Anne François3 facts ▸
- Board meeting, 12-01-2021
- Director appointment, SA SETAG (chair of the board)
- Permanent representative, Anne François
07-01
State Gazette act
Capital & shares · Statutes amendmentShare cancellation · Approval · Share issue7 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Share cancellation · Approval · Share issue7 facts ▸
- General meeting, 23-12-2020
- Share cancellation, ESOP 2016, warrants
- Approval, 23-12-2020
- Share issue, ESOP 2020, droits de souscription
- Power of attorney, Organe d'administration (deux administrateurs agissant conjointement)
- Statutes amendment
- Capital, €320.000
2020
31-12
Financial
Highest result since 2018net €707,484 ▲115%
Operating result €1.6m, net result €707,484, both a record.
31-12
Financial
Equity above €10mEq €10.6m ▲39.1%
3 profitable years in a row build equity to €10.6m.
18-11
State Gazette act
Appointments: SA Setag (managing director) and SA Bepa (chair of the board)Permanent representative: Patrick Limauge · Mandate compensation6 facts ▸
State Gazette act
Appointments: SA Setag (managing director) and SA Bepa (chair of the board)
Permanent representative: Patrick Limauge · Mandate compensation6 facts ▸
- Board meeting, 01-10-2020
- Director appointment, SA Setag (managing director)
- Mandate compensation, SA Setag
- Director appointment, SA Bepa (chair of the board)
- Director appointment, SA Setag (vice président du conseil d'administration)
- Permanent representative, Patrick Limauge
27-10
State Gazette act
Resignation: Anne François (director)Appointments: Amandine Limauge (director) and ATEXIM (director) · Permanent representative: Anne François · Mandate compensation7 facts ▸
State Gazette act
Resignation: Anne François (director)
Appointments: Amandine Limauge (director) and ATEXIM (director) · Permanent representative: Anne François · Mandate compensation7 facts ▸
- General meeting, 01-10-2020
- Director resignation, Anne François (director)
- Director appointment, Amandine Limauge (director)
- Mandate compensation, Amandine Limauge
- Director appointment, ATEXIM (director)
- Mandate compensation, ATEXIM
- Permanent representative, Anne François
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
25-11
State Gazette act
Resignation: Yves Martin (membre du conseil consultatif)Permanent representative: Patrick Limauge3 facts ▸
State Gazette act
Resignation: Yves Martin (membre du conseil consultatif)
Permanent representative: Patrick Limauge3 facts ▸
- Board meeting, 17-06-2019
- Director resignation, Yves Martin (membre du conseil consultatif)
- Permanent representative, Patrick Limauge
02-07
State Gazette act
Resignation: Yves Martin (director)Permanent representative: Patrick Limauge3 facts ▸
State Gazette act
Resignation: Yves Martin (director)
Permanent representative: Patrick Limauge3 facts ▸
- General meeting, 17-06-2019
- Director resignation, Yves Martin (director)
- Permanent representative, Patrick Limauge
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
04-07
State Gazette act
Appointments: SA Setag (director) and Danièle Quivy (statutory auditor)Permanent representative: Patrick Limauge5 facts ▸
State Gazette act
Appointments: SA Setag (director) and Danièle Quivy (statutory auditor)
Permanent representative: Patrick Limauge5 facts ▸
- General meeting, 19-06-2018
- Director appointment, SA Setag (director)
- Permanent representative, Patrick Limauge
- Permanent representative, Patrick Limauge
- Auditor appointment, Danièle Quivy (statutory auditor)
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
04-04
State Gazette act
Appointments: Patrick Limauge, Franck Roseau and 5 othersMandate compensation10 facts ▸
State Gazette act
Appointments: Patrick Limauge, Franck Roseau and 5 others
Mandate compensation10 facts ▸
- Board meeting, 23-02-2017
- Director appointment, Patrick Limauge (chair of the board)
- Mandate compensation, BEPA
- Director appointment, Franck Roseau (day-to-day manager)
- Mandate compensation, Franck Roseau
- Director appointment, Jean-Pierre Delwart (membre du conseil consultatif)
- Director appointment, Ludo Knuysen (membre du conseil consultatif)
- Director appointment, Luc Van Nerom (membre du conseil consultatif)
- Director appointment, Jean Vandemoortele (membre du conseil consultatif)
- Director appointment, Yves Martin (membre du conseil consultatif)
04-04
State Gazette act
Resignation: Gilles Lessard (director)Appointment: Jean Vandemoortele (director) · Permanent representative: Patrick Limauge3 facts ▸
State Gazette act
Resignation: Gilles Lessard (director)
Appointment: Jean Vandemoortele (director) · Permanent representative: Patrick Limauge3 facts ▸
- Director resignation, Gilles Lessard (director)
- Director appointment, Jean Vandemoortele (director)
- Permanent representative, Patrick Limauge
03-01
State Gazette act
Resignation: FILLINK ROSEAU (director)Appointments: Anne Nathalie Valérie FRANÇOIS, Franck Christian Michel ROSEAU and 4 others · Permanent representative: Franck Christian Michel ROSEAU · Approval20 facts ▸
State Gazette act
Resignation: FILLINK ROSEAU (director)
Appointments: Anne Nathalie Valérie FRANÇOIS, Franck Christian Michel ROSEAU and 4 others · Permanent representative: Franck Christian Michel ROSEAU · Approval20 facts ▸
- General meeting, 19-12-2016
- Approval, 19-12-2016
- Capital, €320.000
- Share issue, ESOP 2016, warrants
- Statutes amendment
- Director resignation, FILLINK ROSEAU (director)
- Director appointment, Anne Nathalie Valérie FRANÇOIS (director)
- Director appointment, Franck Christian Michel ROSEAU (director)
- Director appointment, Jean-Pierre Gaston Marie Ghislain DELWART (director)
- Director appointment, Gilles LESSARD (director)
- Director appointment, Luc Armand Jean VAN NEROM (director)
- Director appointment, Yves Constant Jean Michel MARTIN (director)
- +8 further facts in this act
2016
23-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
31-03
State Gazette act
Appointment: SPRL FILINK ROSEAU (director)Permanent representatives: Franck Roseau, Patrick Limauge and Pierre Bernes · Reappointments: SA BEPA (director) and SCRL Capital et Croissance (director)7 facts ▸
State Gazette act
Appointment: SPRL FILINK ROSEAU (director)
Permanent representatives: Franck Roseau, Patrick Limauge and Pierre Bernes · Reappointments: SA BEPA (director) and SCRL Capital et Croissance (director)7 facts ▸
- General meeting, 25-01-2016
- Director appointment, SPRL FILINK ROSEAU (director)
- Permanent representative, Franck Roseau
- Director reappointment, SA BEPA (director)
- Permanent representative, Patrick Limauge
- Director reappointment, SCRL Capital et Croissance (director)
- Permanent representative, Pierre Bernes
2015
18-08
State Gazette act
Reappointment: BDO Réviseurs d'entreprises (statutory auditor)Permanent representative: Philippe Blanche3 facts ▸
State Gazette act
Reappointment: BDO Réviseurs d'entreprises (statutory auditor)
Permanent representative: Philippe Blanche3 facts ▸
- General meeting, 18-06-2015
- Auditor reappointment, BDO Réviseurs d'entreprises (statutory auditor)
- Permanent representative, Philippe Blanche (permanent representative)
02-01
State Gazette act
Resignation: SPRL FINCO (director)Permanent representative: Paul de Schietere - de Lophem · Director discharge4 facts ▸
State Gazette act
Resignation: SPRL FINCO (director)
Permanent representative: Paul de Schietere - de Lophem · Director discharge4 facts ▸
- General meeting, 18-11-2014
- Director resignation, SPRL FINCO (director)
- Director discharge, SPRL FINCO
- Permanent representative, Paul de Schietere - de Lophem
2014
29-01
State Gazette act
Capital & sharesAppointment: B.E.P.A. (director) · Demerger · Accounting effect6 facts ▸
State Gazette act
Capital & shares
Appointment: B.E.P.A. (director) · Demerger · Accounting effect6 facts ▸
- Demerger, une ligne de production de gaufres, avec l'ensemble des actifs et passifs qui y sont liés ainsi qu'avec le personnel de production
- Accounting effect, 01-01-2013
- Power of attorney, Pierre BERNES
- Director appointment, B.E.P.A.
- Payment terms, compte courant créditeur ouvert dans les livres de la société cessionnaire au nom de la société cédante, remboursable selon les besoins de trésorerie du cédant,…
- Prior project, 12-11-2013, 22-11-2013
29-01
State Gazette act
RestructuringMerger · Capital increase · Capital14 facts ▸
State Gazette act
Restructuring
Merger · Capital increase · Capital14 facts ▸
- General meeting, 27-12-2013
- Merger, absorption, 01-07-2013
- Capital increase, €155.000
- Capital, €320.000
- Purpose change, La société a pour objet: 1 la culture de tous produits de la terre et notamment tous fruits et légumes. 2 le conditionnement et la transformation, la commercial…
- Director resignation, director
- Power of attorney, Agnès ROLANS
- Real estate, Un atelier sis Industrieweg-Zuid, 1331 cadastré selon titre section C, partie des numéros 718/A, 718/D, 742/A, 746/A et 748/C et selon cadastre actuel section C…
- Real estate, Une parcelle de terrain sise Kremerstraat cadastrée selon titre et sous plus grand section Cpartie du numéro 713/R et selon cadastre actuel section C, numéro 71…
- Real estate, Une parcelle de terrain sise en lieu-dit Waerschoot, cadastrée selon titre partie des numéros 718/G et 705/B et selon cadastre actuel section C, numéro 718/L po…
- Net-asset statement, 26-11-2013
- Fonds de commerce, Fonds de commerce exercé par la SA NARDA en son siège social, grevé d'aucun gage sur Fonds de Commerce suivant état hypothécaire du 21 octobre 2013
- +2 further facts in this act
2013
22-11
State Gazette act
MiscellaneousDemerger1 fact ▸
State Gazette act
Miscellaneous
Demerger1 fact ▸
- Demerger, cession de branche d'activité, à titre onéreux
22-11
State Gazette act
RestructuringMerger1 fact ▸
State Gazette act
Restructuring
Merger1 fact ▸
- Merger, BEPA
2012
02-08
State Gazette act
Appointment: BDO Réviseurs d'entreprises (statutory auditor)Permanent representative: Michel TEFNIN · Mandate term4 facts ▸
State Gazette act
Appointment: BDO Réviseurs d'entreprises (statutory auditor)
Permanent representative: Michel TEFNIN · Mandate term4 facts ▸
- General meeting, 21-06-2012
- Auditor appointment, BDO Réviseurs d'entreprises (statutory auditor)
- Permanent representative, Michel TEFNIN (représentant permanent chargé d'exécuter le mandat de commissaire)
- Mandate term, 3 ans, à l'issue de l'assemblée générale ordinaire de 2012 statuant sur les comptes arrêtés au 31/12/2014
26-01
State Gazette act
Capital & shares · Statutes amendment · MiscellaneousRegistered-office move · Power of attorney9 facts ▸
State Gazette act
Capital & shares · Statutes amendment · Miscellaneous
Registered-office move · Power of attorney9 facts ▸
- General meeting, 28-12-2011
- Registered-office move, Wanze (Vinalmont), rue de Villers, 36
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Power of attorney, Patrick LIMAUGE
- Power of attorney, Agnès ROLANS
2011
07-12
State Gazette act
Appointment: SA BEPA (managing director)Permanent representatives: Patrick Limauge, Paul de Schietere de Lophem and Pierre Bernes · Reappointments: SA BEPA, SPRL FINCO and SCRL Capital et Croissance9 facts ▸
State Gazette act
Appointment: SA BEPA (managing director)
Permanent representatives: Patrick Limauge, Paul de Schietere de Lophem and Pierre Bernes · Reappointments: SA BEPA, SPRL FINCO and SCRL Capital et Croissance9 facts ▸
- Board meeting, 03-10-2011
- General meeting, 03-10-2011
- Director appointment, SA BEPA (managing director)
- Permanent representative, Patrick Limauge
- Director reappointment, SA BEPA (director)
- Director reappointment, SPRL FINCO (director)
- Director reappointment, SCRL Capital et Croissance (director)
- Permanent representative, Paul de Schietere de Lophem
- Permanent representative, Pierre Bernes
2010
14-04
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- Board meeting, 18.01.2010
- Registered-office move, Rue de Villers, 36 à 4520 VINALMONT
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
30 of 30 acts read
Directors · office · real estate
Directors
12 directors, 1 in day-to-day management, no change since 2025
Board 12
SA BEPA
CurrentChair of the board · since 01-10-2020 · Director · since 16-06-2011 · Legal entity · perm. rep.: Patrick Limauge
SA SETAG
CurrentChair of the board · since 12-01-2021 · Vice président du conseil d'administration · since 01-10-2020 · Legal entity · perm. rep.: Anne François
B.E.P.A.
CurrentDirector · since 20-01-2014 · Public limited company · perm. rep.: Amandine Limauge
Franck Roseau
CurrentDirector · since 13-12-2016
Jean-Pierre DELWART
CurrentDirector · since 13-12-2016
Luc Van Nerom
CurrentDirector · since 13-12-2016
Jean François Raymond VANDEMOORTELE
CurrentDirector · since 10-03-2017
SERVICE ET TECHNOLOGIE D'AVANT - GARDE
CurrentDirector · since 19-06-2018 · Public limited company · perm. rep.: Patrick Limauge
Show all 12 directors
Michèle Sioen
CurrentDirector · since 22-01-2021
Pierre BERNES
CurrentDirector · since 16-06-2022
Gatien Laloux
CurrentDirector · since 26-09-2024
Alexandre Limauge
CurrentDirector · since 12-12-2025
6 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Patrick Limauge
Not recently confirmedChair of the board · since 23-02-2017
SCRL Capital et Croissance
Not recently confirmedDirector · since 16-06-2011 · Legal entity · perm. rep.: Pierre Bernes
Anne Nathalie Valérie FRANÇOIS
Not recently confirmedDirector · since 13-12-2016
Yves Constant Jean Michel MARTIN
Not recently confirmedDirector · since 13-12-2016
Jean Vandemoortele
Not recently confirmedMembre du conseil consultatif · since 23-02-2017
Ludo Knuysen
Not recently confirmedMembre du conseil consultatif · since 23-02-2017
Day-to-day management 1
SA SETAG
CurrentManaging director · since 01-10-2020 · Legal entity · perm. rep.: Anne François
2 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
SA BEPA
Not recently confirmedManaging director · since 16-06-2011 · Legal entity · perm. rep.: Patrick Limauge
Franck Roseau
Not recently confirmedDay-to-day manager · since 23-02-2017
Permanent representatives 3
Amandine Limauge
CurrentPermanent representative · since 20-01-2014 · for B.E.P.A.
Patrick Limauge
CurrentPermanent representative · since 19-06-2018 · for SERVICE ET TECHNOLOGIE D'AVANT - GARDE
Anne François
CurrentPermanent representative · since 01-10-2020 · for SA SETAG
1 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Pierre Bernes
Not recently confirmedPermanent representative · since 16-06-2011 · for SCRL Capital et Croissance
Statutory auditor 1
Danielle Quivy
CurrentStatutory auditor · since 17-06-2021
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Registered office, Wanze · 2 establishment units since 1983
Ground area
3.3 ha
Building footprint
5,371 m²
Volume, LiDAR
21,893 m³
2 parcels, Flanders, Wallonia · tallest building 18.1 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Rue de Villers(VIN) 36, 4520 Wanze
since 19832.102.684.242
AVIETA
since 20142.226.660.041
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61070A0115/00F004 | Wallonia | 2.0 ha | - | - |
| 71442C0718/00M000 | Flanders | 1.3 ha | 1 · 5,371 m² | 18.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
30 people since 2011, 19 in office
- Board
- Day-to-day management
- Statutory auditor
- not recently confirmed
- began earlier
| Name | Functions and periods |
|---|---|
| SA BEPA |
|
| B.E.P.A. |
|
| Franck Roseau |
|
| Jean-Pierre DELWART |
|
| Luc Van Nerom |
|
| Jean François Raymond VANDEMOORTELE |
|
| SERVICE ET TECHNOLOGIE D'AVANT - GARDE |
|
| SA SETAG |
|
| Michèle Sioen |
|
| Pierre BERNES |
|
| Gatien Laloux |
|
| Alexandre Limauge |
|
| Danielle Quivy |
|
| SCRL Capital et Croissance |
|
| Anne Nathalie Valérie FRANÇOIS |
|
| Yves Constant Jean Michel MARTIN |
|
| Jean Vandemoortele |
|
| Ludo Knuysen |
|
| Patrick Limauge |
|
| ATEXIM |
|
| CAPITAL & CROISSANCE |
|
| Amandine Limauge |
|
| BEPA |
|
| Danièle Quivy |
|
| Anne François |
|
| Yves Martin |
|
| BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES |
|
| Gilles Lessard |
|
| FIILINK ROSEAU |
|
| SPRL FINCO |
|
Articles of association
Purpose
1 la culture de tous produits de la terre et notamment tous fruits et légumes. 2 le conditionnement et la transformation, la commercialisation des mêmes produits... 3 le commerce…
Full purpose
1 la culture de tous produits de la terre et notamment tous fruits et légumes. 2 le conditionnement et la transformation, la commercialisation des mêmes produits... 3 le commerce en gros et en détail de tous produits alimentaires... 4 le commerce en gros et en détail de tous produits et de tous matériels utiles... 5 l'exécution pour compte de tiers de tous travaux agricoles... 6 La fabrication, la vente en gros et au détail, l'importation et l'exportation de spéculoos, biscuits, articles de boulangerie, de pâtisserie et de tous articles de confiserie.
Structure & network
Owners and holdings
2 owners · 1 holdingChain of control
Highest known parent: SERVICE ET TECHNOLOGIE D'AVANT - GARDE. The sources do not say who stands above it.
Owners 2
-
99.5%
- Anne FRANCOISnatural personSourceown accounts 20240.1%
Holdings 1
-
100%
According to the 2024 annual accounts of AVIETA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
27 connected companiesThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
D'Ieteren Group
via Michèle Sioen · Administrateur non exécutif
→
EUROPEAN CLEANING et MAINTENANCE
via Gatien Laloux · Non-statutory director
→
Falcon Aegis Fondation Privée
via Luc Van Nerom · Class B director
→
Show 23 more companies with a shared director
federation de l'industrie alimentaire wallonne
via Franck Roseau · Director
→
INDUSTRIE ET MAINTENANCE
via Gatien Laloux · Director
→
INVESTSUD
via Pierre BERNES · Director
→
Sofina
via Michèle Sioen · Director
→
VAL BENOIT IMMO
via Gatien Laloux · Director
→
WOOD LOVERS
via Gatien Laloux · Director
→
XLG IMMO
via Gatien Laloux · Non-statutory director
→
BELFIUS BANQUE
via Jean-Pierre DELWART · Director
former→
FEDERATION DE L'INDUSTRIE ALIMENTAIRE - FEDERATIE VOEDINGSINDUSTRIE
via Jean François Raymond VANDEMOORTELE · Director
former→
Fedustria
via Michèle Sioen · Director
former→
GROSPACK
via Luc Van Nerom · Director
former→
former→
ING BELGIQUE
via Michèle Sioen · Director
former→
former→
McCAIN FOODS BELGIUM
via Franck Roseau · Director
former→
NOSHAQ VENTURE
via Jean-Pierre DELWART · Director
former→
Solvac
via Jean-Pierre DELWART · Director
former→
former→
VANDEMOORTELE EEKLO
via Jean François Raymond VANDEMOORTELE · Director and chair of the board
former→
VANDEMOORTELE IZEGEM
via Jean François Raymond VANDEMOORTELE · Director and chair of the board
former→
Vlerick Business School
via Michèle Sioen · Director
former→
VLERICK RESEARCH
via Michèle Sioen · Director
former→
XLG Home
via Gatien Laloux · Director
former→
Acquisitions and mergers
3 transactionsCapital and shareholders
Capital over the years
- 22-02-2022 Capital increase of 21,113.40 EUR · to 341,113.40 EUR · 4,620 new shares
- 07-01-2021 Capital stated in 2 acts · 320,000 EUR · 70,000 shares
- 29-01-2014 Capital increase of 155,000 EUR · to 320,000 EUR · 1,250 new shares
Public money · subsidies and aid
Flemish government
2022 to 2023 · 3 entries · 12,300 EUR awarded · 12,300 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 2 | 12,035 EUR | 12,058 EUR |
| 2022 | 1 | 265 EUR | 242 EUR |
Recognitions · licences · registrations
Food safety, FASFC
2 sitesWanze2.102.684.242
Zonhoven2.226.660.041
Legal Entity Identifier
549300S8NSKZQ2UX2Y44
Similar companies · same sector, comparable size
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Nutri-NXT
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FOOD IMPACT
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SCENTAROM
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Merchtem · Eq €5,973,383
Of 395 companies in sector 10890 we hold annual accounts for 225. 87 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded06-12-1983
Fiscal year end31-12
Activities, NACEBEL 2025
10711Manufacture of food products
10890Manufacture of food products
E-invoicing
Reachable via Peppol
Peppol ID
0208:0424858713
Also
9925:BE0424858713
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.