AVC
ActiveSummary
AVC has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €891k and a net result of €-47k. Equity is growing by ~17.3% per year across the filed fiscal years. Its solvency ranks better than 56% of 17043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64▼-11
Solvency90▲+4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity short (current ratio 0.02 against 0.2 in 2024; short-term debt: 34.6% and cash: 0.8% of total assets), and 34.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
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
65.4%
Return on assets
-3.4%
Age of the figures
9 mo
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
36 d early
2023
6 d early
2022
28 d early
2021
32 d early
2020
40 d early
2019
30 d early
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€891k▼ 5.0%
2024 · €938k
2018: €234k
2019: €362k
2020: €449k
2021: €555k
2022: €644k
2023: €859k
2024: €938k
2018 → 2025
Total assets
€1.36M▼ 11.4%
2024 · €1.54M
2018: €1.67M
2019: €1.65M
2020: €1.67M
2021: €1.60M
2022: €1.50M
2023: €1.52M
2024: €1.54M
2018 → 2025
Net result
€-47k
2024 · €78k
2018: €70k
2019: €128k
2020: €87k
2021: €105k
2022: €89k
2023: €216k
2024: €78k
2018 → 2025
Working capital
€-459k▲ 4.1%
2024 · €-478k
2018: €-1.27M
2019: €-1.16M
2020: €-721k
2021: €-542k
2022: €-727k
2023: €-505k
2024: €-478k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€555k-€644k▲ 16.1%€859k▲ 33.5%€938k▲ 9.1%€891k▼ 5.0%
Operating result€162k-€129k▼ 20.2%€270k▲ 109%€147k▼ 45.5%€-46k
Net result€105k-€89k▼ 15.1%€216k▲ 141%€78k▼ 63.8%€-47k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €46k after €147k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.36M
Fixed assets
€1.35M ▼ 4.7%
Current assets
€12k ▼ 90.3%
Equity and liabilities €1.36M
Equity
€891k ▼ 5.0%
Debt
€471k ▼ 21.3%
Debt's share of the balance-sheet total falls from 38.9% to 34.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€29k▼
2024 · €213k
Cash flow
€28k▼
2024 · €144k
Current ratio
0.02▼
2024 · 0.20
Debt to equity
0.53▼
2024 · 0.64
ROE
-5.3%▼
2024 · 8.3%
ROA
-3.4%▼
2024 · 5.1%
Interest coverage
56.89▼
2024 · 179.74
Debt ≤ 1 year
€471k▼
2024 · €598k
Income taxes
€438▼
2024 · €68k
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 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.54M€1.36M▼
Fixed assets21/28€1.42M€1.35M▼
Tangible fixed assets22/27€1.42M€1.35M▼
Land and buildings22€1.33M€1.27M▼
Plant, machinery and equipment23€26k€21k▼
Furniture and vehicles24€56k€47k▼
Other tangible fixed assets26€7k€7k=
Current assets29/58€119k€12k▼
Amounts receivable within one year40/41€22k€0▼
Trade receivables40€22k€0▼
Other amounts receivable41€0-
Cash at bank and in hand54/58€97k€11k▼
Deferred charges and accrued income490/1€1k€678▼
Equity and liabilities
Total equity and liabilities10/49€1.54M€1.36M▼
Equity10/15€938k€891k▼
Contributions10/11€62k€62k=
Reserves13€876k€829k▼
Distributable reserves133€876k€829k▼
Amounts payable17/49€598k€471k▼
Amounts payable within one year42/48€598k€471k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€371€968▲
Suppliers440/4€371€968▲
Taxes, remuneration and social security45€65k€26k▼
Taxes450/3€65k€26k▼
Other amounts payable47/48€533k€443k▼
Income statement
Code20242025
Non-recurring operating income76A€0€20k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€66k€75k▲
Other operating charges640/8€6k€5k▼
Non-recurring operating charges66A€11k€0▼
Gross operating margin9900€230k€34k▼
Operating profit (loss)9901€147k€-46k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€1k€507▼
Recurring financial charges65€1k€507▼
Profit (loss) for the period before taxes9903€146k€-46k▼
Income taxes67/77€68k€438▼
Profit (loss) for the period9904€78k€-47k▼
Profit (loss) for the period to be appropriated9905€78k€-47k▼
Appropriation of the result
Profit (loss) to be appropriated9906€78k€-47k▼
Transfer from equity791/2-€47k
Transfer to equity691/2€78k€0▼
To other reserves6921€78k€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
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-47k ▼160%
Net result drops to €-47k, the lowest in the series.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €216k ▲141%
Operating result €270k, net result €216k, both a record.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €500kEq €555k ▲23.5%
4 profitable years in a row build equity to €555k.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 8 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Retie · 1 establishment unit since 1990
Ground area
2,175 m²
Building footprint
432 m²
Volume, LiDAR
2,178 m³
Parcel 13036E0493/00A013, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Prinsenlaan 25, 2470 Retie
since 19902.050.091.931
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13036E0493/00A013 | Flanders | 2,175 m² | 1 · 432 m² | 7.6 m · 2 fl. |
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.
Structure & network
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
4 locations
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IMPACT
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Of 16,884 companies in sector 62100 we hold annual accounts for 8,775. 4,358 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
Founded10-10-1990
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.