AVR INVEST
ActiveSummary
AVR INVEST has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.47M and a net result of €186k. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 86% of 10359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▼-3
Solvency100=
Growth64=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €270k at 30 days acceptable
Liquidity ample (current ratio 3.4 against 3.7 in 2024; short-term debt: 23.7% and cash: 22.5% of total assets), and 23.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
76.1%
Return on assets
4.1%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
15 d early
2023
14 d early
2022
12 d early
2021
20 d early
2020
9 d early
2019
11 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€30.34M▲ 14.5%
2022 · €26.49M
2020: €19.58M
2021: €24.52M
2022: €26.49M
2020 → 2023
EBIT margin
2.0%▲ 1.1pp
2022 · 0.9%
2020: 0.9%
2021: 1.7%
2022: 0.9%
2020 → 2023
Net result
€186k▼ 32.9%
2024 · €277k
2018: €630k
2019: €601k
2020: €126k
2021: €268k
2022: €125k
2023: €498k
2024: €277k
2018 → 2025
Working capital
€2.59M▲ 5.4%
2024 · €2.46M
2018: €710k
2019: €1.24M
2020: €1.26M
2021: €2.27M
2022: €2.16M
2023: €2.28M
2024: €2.46M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€24.52M-€26.49M▲ 8.1%€30.34M▲ 14.5%
Equity€2.96M-€3.08M▲ 4.2%€3.38M▲ 9.6%€3.46M▲ 2.3%€3.47M▲ 0.3%
Operating result€421k-€236k▼ 43.9%€618k▲ 162%€311k▼ 49.7%€189k▼ 39.3%
Net result€268k-€125k▼ 53.4%€498k▲ 299%€277k▼ 44.3%€186k▼ 32.9%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 39% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.56M
Fixed assets
€889k ▼ 12.4%
Current assets
€3.67M ▲ 9.0%
Equity and liabilities €4.56M
Equity
€3.47M ▲ 0.3%
Debt
€1.09M ▲ 18.1%
Debt's share of the balance-sheet total rises from 21.0% to 23.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€317k▼
2024 · €441k
Cash flow
€314k▼
2024 · €407k
Current ratio
3.40▼
2024 · 3.70
Quick ratio
1.83▼
2024 · 2.14
Debt to equity
0.31▲
2024 · 0.27
ROE
5.4%▼
2024 · 8.0%
ROA
4.1%▼
2024 · 6.3%
Interest coverage
38.22▼
2024 · 40.15
Debt ≤ 1 year
€1.08M▲
2024 · €909k
Income taxes
€11k▼
2024 · €32k
Staff costs
€449k▼
2024 · €472k
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 · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.38M€4.56M▲
Fixed assets21/28€1.01M€889k▼
Tangible fixed assets22/27€1.01M€889k▼
Land and buildings22€982k€872k▼
Plant, machinery and equipment23€25k€12k▼
Furniture and vehicles24€8k€5k▼
Current assets29/58€3.37M€3.67M▲
Stocks and contracts in progress3€1.42M€1.70M▲
Stocks30/36€1.42M€1.70M▲
Amounts receivable within one year40/41€160k€238k▲
Trade receivables40€119k€180k▲
Other amounts receivable41€41k€58k▲
Current investments50/53€900k€700k▼
Cash at bank and in hand54/58€880k€1.03M▲
Deferred charges and accrued income490/1€9k€9k▲
Equity and liabilities
Total equity and liabilities10/49€4.38M€4.56M▲
Equity10/15€3.46M€3.47M▲
Contributions10/11€200k€200k=
Reserves13€3.26M€3.27M▲
Distributable reserves133€3.26M€3.27M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€922k€1.09M▲
Amounts payable within one year42/48€909k€1.08M▲
Current portion of amounts payable after more than one year42€0-
Financial debts43€4k€0▼
Credit institutions430/8€4k€0▼
Trade debts44€645k€840k▲
Suppliers440/4€645k€840k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€59k€64k▲
Taxes450/3€11k€10k▼
Remuneration and social security454/9€49k€53k▲
Other amounts payable47/48€201k€175k▼
Accrued charges and deferred income492/3€13k€10k▼
Income statement
Code20242025
Remuneration, social security and pensions62€472k€449k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€130k€128k▼
Other operating charges640/8€15k€15k▲
Non-recurring operating charges66A€40€0▼
Gross operating margin9900€928k€781k▼
Operating profit (loss)9901€311k€189k▼
Financial income75/76B€9k€16k▲
Recurring financial income75€9k€16k▲
Financial charges65/66B€11k€8k▼
Recurring financial charges65€11k€8k▼
Profit (loss) for the period before taxes9903€309k€197k▼
Income taxes67/77€32k€11k▼
Profit (loss) for the period9904€277k€186k▼
Profit (loss) for the period to be appropriated9905€277k€186k▼
Appropriation of the result
Profit (loss) to be appropriated9906€277k€186k▼
Transfer to equity691/2€77k€11k▼
To other reserves6921€77k€11k▼
Profit to be distributed694/7€200k€175k▼
Directors or managers695€200k€175k▼
Social balance
Average headcount (FTE)90879.38.7▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €125k ▼53.4%
Net result drops to €125k, the lowest in the series; recovery starts the following year.
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 11 days late
2019
31-12
Financial
Equity above €2MEq €2.57M ▲30.6%
2 profitable years in a row build equity to €2.57M.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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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Directors · office · real estate
Directors
10 acts for this company are 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, De Panne · 2 establishment units since 2010
Ground area
3,171 m²
Building footprint
789 m²
Volume, LiDAR
4,378 m³
2 parcels, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
2 establishment units
AVR INVEST
since 20102.194.042.802
AVR INVEST TIFFANYS
since 20162.251.726.227
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38001D0004/00S002 | Flanders | 1,762 m² | 1 · 124 m² | 8.9 m · 2 fl. |
| 38001C0030/00F000 | Flanders | 1,408 m² | 1 · 665 m² | 10.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
1 parent companyControl over this companyparent company per the LEI register1
Veurne
controls
AVR INVESTBE 0831.529.134
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 2,663 EUR awarded · 2,663 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,663 EUR | 2,663 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Food safety, FASFC
2 sitesDe Panne2.194.042.802
De Panne2.251.726.227
Legal Entity Identifier
549300PGADYCZAQ47Q34
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Of 417 companies in sector 47260 we hold annual accounts for 264. 43 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-12-2010
Fiscal year end31-12
Activities, NACEBEL 2025
47260Retail trade
47300Retail sale of automotive fuel
47110Non-specialised retail sale with food, beverages or tobacco predominating
47241Retail sale of bread and pastry (bakery outlets)
47242Retail sale of chocolate and confectionery
47251Retail sale of wines and spirits
47252Retail sale of beverages, general range
47279Other retail sale of food
47783Retail trade
47789Other retail sale of new goods
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:klaas@axintor.be