AVORE
InactiveInactive; last annual accounts for fiscal year 2023.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-07-2024, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
on the day
2022
on the day
2021
61 d late
2020
on the day
2019
66 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, abbreviated schema
Equity
€184k▼ 1.3%
2022 · €186k
2019: €202k
2020: €191k
2021: €189k
2022: €186k
2019 → 2023
Total assets
€185k▼ 1.2%
2022 · €187k
2019: €205k
2020: €192k
2021: €189k
2022: €187k
2019 → 2023
Net result
€-2k▲ 14.1%
2022 · €-3k
2019: €22k
2020: €11k
2021: €-3k
2022: €-3k
2019 → 2023
Working capital
€23k▼ 9.3%
2022 · €25k
2019: €34k
2020: €31k
2021: €28k
2022: €25k
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€202k-€191k▼ 5.1%€189k▼ 1.4%€186k▼ 1.5%€184k▼ 1.3%
Operating result€-6k-€-10k▼ 80.5%€-2k▲ 75.1%€-3k▼ 2.9%€-3k▼ 20.5%
Net result€22k-€11k▼ 49.3%€-3k€-3k▼ 3.1%€-2k▲ 14.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2023 against €3k in 2022; the loss grows.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €185k
Fixed assets
€161k =
Current assets
€24k ▼ 8.3%
Equity and liabilities €185k
Equity
€184k ▼ 1.3%
Debt
€983 ▲ 20.6%
Debt's share of the balance-sheet total rises from 0.4% to 0.5%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
24.50▼
2022 · 32.22
Debt to equity
0.01▲
2022 · 0.00
ROE
-1.3%▲
2022 · -1.5%
ROA
-1.3%▲
2022 · -1.5%
Debt ≤ 1 year
€983▲
2022 · €815
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 32 lines
Balance sheet
Code20222023
Assets
Total assets20/58€187k€185k▼
Fixed assets21/28€161k€161k=
Financial fixed assets28€161k€161k=
Current assets29/58€26k€24k▼
Amounts receivable within one year40/41€3k€2k▼
Other amounts receivable41€3k€2k▼
Cash at bank and in hand54/58€23k€22k▼
Deferred charges and accrued income490/1-€409
Equity and liabilities
Total equity and liabilities10/49€187k€185k▼
Equity10/15€186k€184k▼
Contributions10/11€198k€198k=
Capital10€198k€198k=
Issued capital100€198k€198k=
Profit (loss) carried forward14€-12k€-15k▼
Amounts payable17/49€815€983▲
Amounts payable within one year42/48€815€983▲
Trade debts44€815€983▲
Suppliers440/4€815€983▲
Income statement
Code20222023
Other operating charges640/8€197€264▲
Gross operating margin9900€-2k€-3k▼
Operating profit (loss)9901€-3k€-3k▼
Financial income75/76B-€939
Recurring financial income75-€939
Non-recurring financial income76B-€939
Financial charges65/66B€179€204▲
Recurring financial charges65€179€204▲
Profit (loss) for the period before taxes9903€-3k€-2k▲
Profit (loss) for the period9904€-3k€-2k▲
Profit (loss) for the period to be appropriated9905€-3k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€-15k▼
Profit (loss) brought forward from the previous period14P€-10k€-12k▼
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
2021
31-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity times 5current ratio 51.26
Current ratio from 10.72 to 51.26; short-term debt falls from €3k to €614.
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 66 days late
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
2016
18-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 108 days late
25-01
State Gazette act
General meeting · Accounting effect
Capital increase · Legal-form conversion · Stijn JOYE
2015
15-01
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
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.
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