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Avellana

Active
Public limited companyfounded 199036 years activeEdingensesteenweg 196, 1500 Halle, BelgiumKBO/BCE: BE 0441.486.194
Summary

Avellana has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show negative equity (-€311,504) and a net result of -€1.2m. Equity is shrinking by ~8% per year across the filed fiscal years. Its solvency ranks better than 11% of 145 sector peers (NACE 01, fiscal year 2026). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Mixed farming
NACE 01500
#3 company by total assets in Flemish Brabant, Agriculture, forestry and fishing sector1 site
Size
€22.7mtotal assets 2026
Equity
-€311,504
Loss
-€1.2m
Financial health
52 Fair Checked score 2026
Bankruptcy probabilitywithin 12 months
0.6%
Structure
Parent
COLIM · 100%
Holdings
1
Auditor: Ernst et Young Reviseurs d'EntreprisesAccounts 36 days early4 of 12 deeds read
Why 52Capped at 59: negative equity- Liquidity: current ratio 0.00- Negative equity -€311,504- Loss of €1.2m (FY 2026)+ Size: total assets €22.7mShow the evidence

Checked score

Score 2026
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 6% of its sector peers (NACE 01, medium-sized)
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2025
Weak
Solvency 24-6
equity -1.4% of total assets
Liquidity 0-69
short-term debt 101.4%
Profitability 16-6
return on assets -5.2%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (77 companies)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.2%▼ -0.1 percentage points vs 09-2025lowest value 11-2025: 0.2%● unchanged vs 10-2025lowest value 12-2025: 0.2%● unchanged vs 11-2025lowest value 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.2%● unchanged vs 03-2026lowest value 05-2026: 0.2%● unchanged vs 04-2026lowest value 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.6%▲ +0.4 percentage points vs 09-2026highest value
No credit on open account
Liquidity short (current ratio 0.0 against 0.12 in 2025; short-term debt: 101.4% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 01, medium-sized): better than 6% on solvency, 1% on liquidity, 13% on profitability and 1% on growth.

The bankruptcy probability was computed on 07-10-2026 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.

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

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 0.00
NBB · annual accounts
raises risk · Negative equity -€311,504
NBB · annual accounts
lowers risk · Size: total assets €22.7m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €1.2m (FY 2026)
NBB · annual accounts
raises risk · Negative equity
The 2026 annual accounts show negative equity and a net loss.
NBB · annual accounts 2026
Equity per financial year
1819202223242526
2018 to 2026 · latest year -€311,504
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 25-09-2026, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
36 days early
2025
39 days early
2024
17 days early
2023
4 days early
2022
19 days early
2020
31 days late
2019
87 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average on the deadline day; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 12 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
08-10-2026 today31-03-2027 close31-10-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2026 · full…
  2. Resignation: Stefaan Vandamme (director)Appointment: Michael Hamelryck (non-statutory director)…
  3. RestructuringDemerger · Incorporation · Capital

Key points

  • Risk: Negative equityfiscal year 2026: debts exceed assets -€311,504 View
  • Caution: From profit to loss in 2026after €406,553 in 2025 -€1.2m View
  • Caution: Among the weakest 5% on net resultsector median €16,621 · 145 companies -€1.2m View
  • Caution: Board changedlatest change 01-08-2026 · 1 in office 1 joined · 1 left View
  • Controlled by COLIMknown shareholders 100% 100% View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View

By topic

Financials

Fiscal year
2026
Total assets
€22.7m
Loss
-€1.2m
Solvency
-1.4%
Total assets▲ 36.1%
Net result
20182026
Go to Financials

Board & ownership

Board
1 member
Parent
COLIM · 100%
Known shareholders
100%
Auditor
Ernst et Young Reviseurs…
  • Michael HamelryckDirector
Go to Board & ownership

Network & group

Group
Colruyt Group NV
Subsidiaries
1
Connected companies
33
Mergers and contributions
2

1 subsidiary

Go to Network & group

Timeline

Events
19
Since
2017
Next accounts
by 31-10-2027
  1. 25-08-2026Restructuring
  2. 31-03-2026Weakest financial year
  3. 12-01-2026Permanent representative: Eef Naessens
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Mixed farmingNACE 01500
Founded
10-07-1990
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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