CMGEA AVICENNE
ActiveCMGEA AVICENNE has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €249k and a net result of €136k. Equity is growing by ~86.8% per year across the filed fiscal years. Its solvency ranks better than 27% of 19908 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability96▲+12
Solvency64▲+16
Growth78=
Track record94
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 2.05 against 1.55 in 2023; short-term debt: 24.5% and cash: 0.3% of total assets), but 60.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-09-2025, 58 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
58 d late
2023
91 d late
2022
23 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€249k▲ 121%
2023 · €112k
2022: €53k
2023: €112k
2022 → 2024
Total assets
€632k▲ 28.9%
2023 · €490k
2022: €469k
2023: €490k
2022 → 2024
Net result
€136k▲ 130%
2023 · €59k
2022: €49k
2023: €59k
2022 → 2024
Working capital
€163k▲ 246%
2023 · €47k
2022: €27k
2023: €47k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€53k-€112k▲ 111%€249k▲ 121%
Operating result€53k-€93k▲ 77.4%€217k▲ 133%
Net result€49k-€59k▲ 21.1%€136k▲ 130%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 133% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €632k
Fixed assets
€314k▼ 12.2%
Current assets
€318k▲ 139%
Equity and liabilities €632k
Equity
€249k▲ 121%
Debt
€383k▲ 1.5%
The debt ratio falls from 77.1% to 60.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€300k▲
2023 · €162k
Cash flow
€220k▲
2023 · €128k
Solvency
39.3%▲
2023 · 22.9%
Current ratio
2.05▲
2023 · 1.55
Quick ratio
2.05▲
2023 · 1.55
Debt / equity
1.54▼
2023 · 3.36
ROE
54.8%▲
2023 · 52.6%
ROA
21.5%▲
2023 · 12.1%
Interest coverage
25.21▲
2023 · 12.77
Debt
€383k▲
2023 · €378k
Debt ≤ 1 year
€155k▲
2023 · €86k
Debt > 1 year
€228k▼
2023 · €292k
Income taxes
€69k▲
2023 · €21k
Staff costs
€4k▲
2023 · €4k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€490k€632k▲
Fixed assets21/28€357k€314k▼
Intangible fixed assets21€156k€137k▼
Tangible fixed assets22/27€200k€176k▼
Plant, machinery and equipment23€1k€107▼
Furniture and vehicles24€199k€139k▼
Other tangible fixed assets26-€37k
Financial fixed assets28€360€360=
Current assets29/58€133k€318k▲
Amounts receivable within one year40/41€80k€316k▲
Other amounts receivable41€80k€316k▲
Current investments50/53€36k-
Cash at bank and in hand54/58€17k€2k▼
Equity and liabilities
Total equity and liabilities10/49€490k€632k▲
Equity10/15€112k€249k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€108k€244k▲
Amounts payable17/49€378k€383k▲
Amounts payable after more than one year17€292k€228k▼
Financial debts170/4€292k€228k▼
Amounts payable within one year42/48€86k€155k▲
Current portion of amounts payable after more than one year42€61k€63k▲
Financial debts43€2k-
Credit institutions430/8€2k-
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€21k€89k▲
Taxes450/3€21k€89k▲
Income statement
Code20232024
Remuneration, social security and pensions62€4k€4k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€69k€84k▲
Other operating charges640/8€15k€2k▼
Gross operating margin9900€181k€306k▲
Operating profit (loss)9901€93k€217k▲
Financial income75/76B€13-
Recurring financial income75€13-
Financial charges65/66B€13k€12k▼
Recurring financial charges65€13k€12k▼
Profit (loss) for the period before taxes9903€81k€205k▲
Income taxes67/77€21k€69k▲
Profit (loss) for the period9904€59k€136k▲
Profit (loss) for the period to be appropriated9905€59k€136k▲
Appropriation of the result
Profit (loss) to be appropriated9906€108k€244k▲
Profit (loss) brought forward from the previous period14P€49k€108k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 58 days late
2024
31-12
Financial
Highest result since 2022net €136k ▲130%
Operating result €217k, net result €136k, both a record.
31-12
Financial
Equity above €200kEq €249k ▲121%
3 profitable years in a row build equity to €249k.
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 91 days late
2023
31-12
Financial
Equity above €100kEq €112k ▲111%
2 profitable years in a row build equity to €112k.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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
Registered office, Liège · 1 establishment unit since 2022
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.
Avenue de la Laiterie 34000 LiègeGround area
1,580 m²
Building footprint
243 m²
Parcel 62078A0405/00N033, Wallonia. Linked by address, not a title deed.
1 establishment unit
CMGEA AVICENNE
since 20222.327.053.853
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62078A0405/00N033 | Wallonia | 1,580 m² | 1 · 243 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Dr. J. RODENBACH
BE 0462.681.684
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NANG ATTO
BE 0846.088.042
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TRISPOLIS
BE 0780.580.279
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Dr. A. Van den Driessche
BE 0745.916.439
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Dermatologie Dr.Armando De Palma
BE 0739.866.015
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Of 16,628 companies in sector 86220 we hold annual accounts for 7,974. 6,660 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-01-2022
Fiscal year end31-12
Activities, NACEBEL
86220Specialist medical practice
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.