AVONSIDE
ActiveSummary
AVONSIDE has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €731,814 and a net result of -€51,448. Equity is growing by ~44.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
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Signals
This company filed its last 6 accounts on average 98 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
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Peer companies
Historical observationOf the 8,611 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.7% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 8,611 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €557,151 | €458,631 | €469,319 | - | - |
| Remuneration, social security and pensions62 | - | -€1,112 | €9,602 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,801 | €2,332 | €2,332 | €2,332 | €414 | ▼ 82.3% |
| Other operating charges640/8 | - | €8,025 | €349 | €522 | €8,410 | ▲ 1,510% |
| Gross operating margin9900 | €460,953 | €487,019 | €374,005 | €396,407 | -€42,625 | ▼ 111% |
| Operating profit (loss)9901 | €440,136 | €477,774 | €361,722 | €393,552 | -€51,448 | ▼ 113% |
| Financial charges65/66B | - | €431 | €649 | €279 | - | - |
| Recurring financial charges65 | €0 | €431 | €649 | €279 | - | - |
| Profit (loss) for the period before taxes9903 | €440,136 | €477,344 | €361,073 | €393,274 | -€51,448 | ▼ 113% |
| Profit (loss) for the period9904 | €440,136 | €477,344 | €361,073 | €393,274 | -€51,448 | ▼ 113% |
| Profit (loss) for the period to be appropriated9905 | €440,136 | €477,344 | €361,073 | €393,274 | -€51,448 | ▼ 113% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €1.1m | €1.1m | €1.0m | €806,440 | ▼ 22.3% |
| Fixed assets21/28 | €636,892 | €351,699 | €277,998 | €204,986 | €204,572 | ▼ 0.2% |
| Tangible fixed assets22/27 | €636,892 | €351,699 | €277,998 | €204,986 | €204,572 | ▼ 0.2% |
| Land and buildings22 | - | €347,522 | €275,619 | €204,403 | €204,403 | = |
| Furniture and vehicles24 | - | €4,177 | €2,380 | €582 | €169 | ▼ 71.0% |
| Current assets29/58 | €424,432 | €704,759 | €819,471 | €832,605 | €601,868 | ▼ 27.7% |
| Amounts receivable within one year40/41 | - | €472,901 | €272,901 | €272,901 | €272,901 | = |
| Other amounts receivable41 | - | €472,901 | €272,901 | €272,901 | €272,901 | = |
| Cash at bank and in hand54/58 | €424,432 | €231,858 | €546,569 | €559,703 | €328,777 | ▼ 41.3% |
| Deferred charges and accrued income490/1 | - | - | - | - | €190 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €1.1m | €1.1m | €1.0m | €806,440 | ▼ 22.3% |
| Equity10/15 | -€448,429 | €28,915 | €389,988 | €783,262 | €731,814 | ▼ 6.6% |
| Contributions10/11 | €2.2m | €2.2m | €2.2m | €2.2m | €2.2m | = |
| Capital10 | - | €2.2m | €2.2m | €2.2m | €2.2m | = |
| Issued capital100 | - | €2.2m | €2.2m | €2.2m | €2.2m | = |
| Profit (loss) carried forward14 | -€2.7m | -€2.2m | -€1.8m | -€1.4m | -€1.5m | ▼ 3.6% |
| Amounts payable17/49 | €1.5m | €1.0m | €707,481 | €254,329 | €74,627 | ▼ 70.7% |
| Amounts payable within one year42/48 | €1.5m | €1.0m | €707,481 | €254,329 | €74,627 | ▼ 70.7% |
| Trade debts44 | €2,112 | €10,427 | €0 | €2,735 | €541 | ▼ 80.2% |
| Suppliers440/4 | - | €10,427 | €0 | €2,735 | €541 | ▼ 80.2% |
| Taxes, remuneration and social security45 | - | €0 | - | - | - | - |
| Remuneration and social security454/9 | - | €0 | - | - | - | - |
| Other amounts payable47/48 | - | €1.0m | €707,481 | €251,594 | €74,085 | ▼ 70.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €440,136 | €477,344 | €361,073 | €393,274 | -€51,448 | ▼ 113% |
| + Depreciation and write-downs630 | €4,801 | €2,332 | €2,332 | €2,332 | €414 | ▼ 82.3% |
| Operating cash flow (approximation) | €444,937 | €479,676 | €363,405 | €395,606 | -€51,035 | ▼ 113% |
| Investment in fixed assets (approximation) | - | €282,861 | €71,369 | €70,681 | €0 | ▼ 100% |
| Change in cash | - | -€192,574 | €314,711 | €13,134 | -€230,927 | ▼ 1,858% |
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
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About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25037D0030/00X000 | Wallonia | 1.6 ha | 1 · 912 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.