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AVN

Open bankruptcy
Private limited company (pre-2019)founded 2019KBO/BCE: BE 0725.519.022

A bankruptcy procedure is open for AVN according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-23k) and a net result of €-38k.

Signals

Four signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 31-01-2024, 0 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
on the day
2022
on the day
2021
on the day
2020
3 d early
← before the deadline after the deadline →
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

Financials · fiscal year 2023, abbreviated schema

Equity
€-23k
2022 · €16k
2020: €22k 2021: €13k 2022: €16k
2020 → 2023
Total assets
€105k▼ 16.9%
2022 · €126k
2020: €134k 2021: €117k 2022: €126k
2020 → 2023
Net result
€-38k
2022 · €3k
2020: €3k 2021: €-9k 2022: €3k
2020 → 2023
Working capital
€-99k▼ 19.7%
2022 · €-83k
2020: €-96k 2021: €-92k 2022: €-83k
2020 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2020202120222023Trend
Equity€22k-€13k▼ 41.7%€16k▲ 22.7%€-23k
Operating result€5k-€-8k€5k€-36k
Net result€3k-€-9k€3k€-38k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0Operating result 2020: €5k€5kNet result 2020: €3k€3kOperating result 2021: €-8k€-8kNet result 2021: €-9k€-9kOperating result 2022: €5k€5kNet result 2022: €3k€3kOperating result 2023: €-36k€-36kNet result 2023: €-38k€-38k2020202120222023
The operating result turns negative in 2023: a loss of €36k after €5k in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €105k
Fixed assets €77k▼ 22.4%
Current assets €28k▲ 3.0%
Key figures and ratios
2023 value · change against 2022
EBITDA
€-13k
2022 · €33k
Cash flow
€-15k
2022 · €30k
Solvency
-21.6%
2022 · 12.5%
Current ratio
0.22
2022 · 0.25
Quick ratio
0.22
2022 · 0.25
Debt / equity
-5.63
2022 · 7.00
ROA
-36.6%
2022 · 2.3%
Interest coverage
-6.02
2022 · 13.82
Debt
€128k
2022 · €111k
Debt ≤ 1 year
€128k
2022 · €111k
Staff costs
€51k
2022 · €35k
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€126k€105k
Fixed assets21/28€99k€77k
Intangible fixed assets21€28k€16k
Tangible fixed assets22/27€69k€59k
Land and buildings22€65k€56k
Plant, machinery and equipment23€396€1k
Furniture and vehicles24€4k€2k
Financial fixed assets28€1k€1k=
Current assets29/58€28k€28k
Amounts receivable within one year40/41-€13k
Trade receivables40-€730
Other amounts receivable41-€12k
Cash at bank and in hand54/58€28k€15k
Equity and liabilities
Total equity and liabilities10/49€126k€105k
Equity10/15€16k€-23k
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-3k€-41k
Amounts payable17/49€111k€128k
Amounts payable within one year42/48€111k€128k
Financial debts43€2k€5k
Credit institutions430/8€2k€5k
Trade debts44€3k€341
Suppliers440/4€3k€341
Taxes, remuneration and social security45€7k€6k
Taxes450/3€7k€3k
Remuneration and social security454/9-€4k
Other amounts payable47/48€98k€116k
Income statement Code20222023
Remuneration, social security and pensions62€35k€51k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€24k
Other operating charges640/8€5k€2k
Gross operating margin9900€73k€40k
Operating profit (loss)9901€5k€-36k
Financial charges65/66B€2k€2k
Recurring financial charges65€2k€2k
Profit (loss) for the period before taxes9903€3k€-38k
Profit (loss) for the period9904€3k€-38k
Profit (loss) for the period to be appropriated9905€3k€-38k
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-41k
Profit (loss) brought forward from the previous period14P€-6k€-3k
Social balance
Average headcount (FTE)90871.51.8

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
15-12
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · AVN BV KLEINHOEF- STRAAT 5/61, 2440 GEEL · event 09-12-2025
2024
31-01
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial Weakest financial yearnet €-38k ▼1416%
Net result drops to €-38k, the lowest in the series.
31-01
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial Back to profitnet €3k
Net result €3k after one loss-making year.
31-01
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-01
NBB filing Annual accounts filed
fiscal year 2020 · micro 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
2 establishment units since 2019
establishment All 2 establishment units on the map
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.

Ground area
1.2 ha
Building footprint
3,413 m²
Volume, LiDAR
15,344 m³
2 parcels, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
AVN
Cafés and bars
since 20192.288.056.784
AVN
Agents specialised in the wholesale of other particular products
since 20202.317.828.658
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13376G0389/00P000 Flanders 1.1 ha 1 · 3,240 m² 5.8 m · 2 fl.
13010E0199/00E003 Flanders 1,449 m² 1 · 173 m² 7.0 m · 2 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

2 mandates
Role Name Tenure
Curator JACQUES ARNAUTS-SMEETS
AARSCHOTSE- STEENWEG 7, 2230 HERSELT
09-12-2025 → present
Curator GUNTHER PEETERS
AARSCHOTSESTEENWEG 7, 2230 HERSELT-
09-12-2025 → present

Recognitions · licences · registrations

Food safety, FASFC

1 site
Grobbendonk2.317.828.658
1 permission
Drankgelegenheid · since 05-08-2024

Similar companies · same sector, comparable size

Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 3,875 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded18-04-2019
Fiscal year end30-06
Activities, NACEBEL
56301Cafés and bars
56302Nightclubs
56309Food and beverage service activities
77223Rental and leasing activities
77229Renting and leasing of other personal and household goods
77299Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.