Parent and group
- Nirmana100%
- Nirmana Real Estate100%
- Colruyt Group100%
Avellana has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show negative equity (-€311,504) and a net result of -€1.2m. Equity has been shrinking by about 8% per year since 2018. Its solvency ranks better than 5% of 31 sector peers (NACE 01, financial year 2026). The computed 12-month bankruptcy probability is 0.6% (low).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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). It does better than 7% of them on solvency, 1% on liquidity, 13% on profitability and 1% on growth.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average on the deadline day. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.
These companies have the same main activity as Avellana: mixed farming (NACE 01500). They are comparable in size and age: total assets between €7.3m and €28m, founded between 1968 and 1995.
| Company | Total assets | Gross margin |
|---|---|---|
| Avellana Halle | €22.7m | €0.3m |
| MIELMONT Jemeppe-sur-Sambre | €28.0m | €0.1m |
| BAUBOURG Grez-Doiceau | €19.4m | €0.3m |
| Immoward Brussel | €20.5m | €0.1m |
| Foncière et agricole de Roly Izegem | €8.8m | €0.2m |
| GOORHOEVE Hoogstraten | €7.3m | €0.3m |
| LA FERME D'EN BAS Eghezée | €7.4m | €0.2m |
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