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AVN Plus

Active Private limited companyfounded 2022active for 4 yearsLéon Claeysstraat 36, 8210 ZedelgemKBO/BCE: BE 0779.751.029

Lifetime

4 annual accounts with figures on one time axis
peak €8,597 (2023)
€5,713▲ 54.8%
lowest -€722 (2024)
€1,287▲ €2,009
peak €7,750 (2025)
€7,750▲ 19.9%
€13,173▲ 10.2%
Board1 name since 2022
1 directorCIRSTEA Ion
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Gross margin from €3,691 to €5,713Back to profit: €1,287Equity from €6,463 to €7,750

Key points

from the 2025 annual accounts

Turnover

≈ €57,000 estimated

The micro format states no turnover.

Filings

4 annual accounts 2 late
AprilJune31 JulyOctober2022202320242025

The 2025 accounts came latest: 28 days after the end of the period.

Position in the sector

€7,750

Less equity than 85% of companies in specialised construction. Sector median €57,703 · 35,137 companies.

Checked score

55
Fair
Financially stronger than 45% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.6% 01-2025: 2.0%▲ +0.4 percentage points vs 12-2024 02-2025: 2.0%● unchanged vs 01-2025 03-2025: 2.0%● unchanged vs 02-2025 04-2025: 2.5%▲ +0.5 percentage points vs 03-2025 05-2025: 3.1%▲ +0.6 percentage points vs 04-2025 06-2025: 3.2%▲ +0.1 percentage points vs 05-2025 07-2025: 3.3%▲ +0.1 percentage points vs 06-2025 08-2025: 4.2%▲ +0.9 percentage points vs 07-2025highest value 09-2025: 1.7%▼ -2.5 percentage points vs 08-2025 10-2025: 1.7%● unchanged vs 09-2025 11-2025: 1.7%● unchanged vs 10-2025 12-2025: 1.7%● unchanged vs 11-2025 01-2026: 1.6%▼ -0.1 percentage points vs 12-2025lowest value 02-2026: 1.6%● unchanged vs 01-2026lowest value 03-2026: 1.6%● unchanged vs 02-2026 04-2026: 2.0%▲ +0.4 percentage points vs 03-2026 05-2026: 2.5%▲ +0.5 percentage points vs 04-2026 06-2026: 2.7%▲ +0.2 percentage points vs 05-2026 07-2026: 2.8%▲ +0.1 percentage points vs 06-2026 08-2026: 3.5%▲ +0.7 percentage points vs 07-2026 09-2026: 1.8%▼ -1.7 percentage points vs 08-2026 10-2026: 1.8%● unchanged vs 09-2026 11-2026: 1.8%● unchanged vs 10-2026

Financial strength
Average

62+2equity 37.0% of total assets
34-7short-term debt 56.4% · cash 10.1%
76+12return on assets 6.1%

Score breakdown

raises risk
Founded in 2022
1 change of registered office in 24 months
Size: total assets €20,923
lowers risk
Figures for financial year 2025 (filed on 31-08-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 39% of them on solvency, 22% on liquidity, 52% on profitability and 67% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 39,278 companies had the same profile as AVN Plus has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of AVN Plus itself: 1.8% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,278 companies, not a prediction for AVN Plus. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Founded in 2022
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 31-08-2026)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Size: total assets €20,923
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filings
Deviation from the deadline
2025
28 days late
2024
on the day
2023
5 days early
2022
17 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 10 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 August (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Board and ownership

CI
Director, since 04-01-2022
  • CIRSTEA Ion 100 sharesdeed of 07-01-2022
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0779751029
Registered office moved from Oostkamp to Zedelgem New registered office: Léon Claeysstraat 36, 8210 Zedelgem · Previous registered office: Torhoutsestraat 252, 8020 Oostkamp · General meeting of 17-10-2024 · Gazette deed
Incorporation Founding capital of €2,000, 100 shares · Founder: CIRSTEA Ion (comparant) · Appointment: CIRSTEA Ion (director) · published on 07-01-2022 · Gazette deed
First establishment Léon Claeysstraat 36, Zedelgem
All 11 events

Comparable companies

same main activity, similar in size and age
Company
AVN Plus Zedelgem €20,923 €5,713 37.0% -
GLOBAL CK Asse €22,208 €5,433 31.2% -
PJFM CONSTRUCT Sint-Pieters-Leeuw €20,565 €5,736 26.4% -
DP Trucks Ghent €21,474 €4,647 79.2% -
LAVORO Bonheiden €21,757 €8,148 51.9% -
NM COLOR CONCEPT Aubel €16,004 €4,991 12.6% -
BAM RENOV CONSTRUCT Kraainem €15,939 €6,540 42.5% -

These companies have the same main activity as AVN Plus: other building finishing work (NACE 43350). They are comparable in size and age: total assets between €15,900 and €22,200, founded between 2021 and 2022.

Official details

Source: KBO
Status
Active since 05-01-2022Normal situation
Activity
Other building finishing workNACE 43350and 4 others
Establishment unit
2.327.991.8828210 Zedelgem, since 05-01-2022
Financial year end
31 December
Peppol
Reachable since 19-10-2025
Company details

Annual accounts 2025

€20,923▲ 13.6%
Filing
Filed on 28-08-2026
Financials

Insights on AVN Plus

AVN Plus files the micro format. That format states no turnover. The gross margin rose from €4,235 in 2022 to €5,713 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about AVN Plus

What is the company number of AVN Plus?
The company number of AVN Plus is 0779.751.029. The VAT number is the same number with BE in front: BE 0779.751.029.
Where is AVN Plus based?
The registered office is at Léon Claeysstraat 36, 8210 Zedelgem.Company details
What does AVN Plus do?
According to the KBO register, the main activity is other building finishing work (NACE 43350).
What is the legal form of AVN Plus?
AVN Plus is a private limited company (BV).
When was AVN Plus founded?
AVN Plus was founded on 05-01-2022.
Is AVN Plus still active?
Yes, AVN Plus is an active enterprise in the KBO register.
What is the turnover of AVN Plus?
The turnover in financial year 2025 is ≈ €57,000. This figure is estimated from the gross margin of €5,713 and 37 comparable companies (NACE 43350). It probably lies between €33,000 and €120,000. It is a rough estimate.Financials
Is AVN Plus profitable?
In financial year 2025, AVN Plus made a profit of €1,287.
Where can I find the annual accounts of AVN Plus?
AVN Plus filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of AVN Plus due?
AVN Plus must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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