NORMAL SITUATION

AVS SPINNING

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Financial year 2023 · closed on 28/12/2023

Net result

-664,7 k €

0.0% YoY

Revenue

5,3 M €

0.0% YoY

Equity

5,1 M €

0.0% YoY

Workforce

37,3 ETP

0.0% YoY

Company — Normal situation.

What does AVS SPINNING do?

AVS SPINNING is a company registered in Belgium. It employs on average 37,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0419.547.071

Legal form

Public limited company

Contributed capital

1 125 000,00 €

Latest accounts

28/12/2023

Average workforce

37,3 ETP

Joint committees (4)

120
120.00
214
214.00

Signals

Solid equityHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2023		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	5,3 M €	0.0%	5,3 M €	-63.8%	14,7 M €	+13.9%	12,9 M €	+41.9%	9,1 M €	-26.6%	12,4 M €	-0.6%	12,5 M €	-11.5%	14,1 M €	+16.4%	12,1 M €	+2.3%	11,8 M €	+12.0%	10,5 M €	+12.7%	9,4 M €	-5.5%	9,9 M €	-13.2%	11,4 M €	+29.8%	8,8 M €	+18.0%	7,5 M €	-43.7%	13,2 M €	+4.0%	12,7 M €
EBITDA	-434 k €	0.0%	-434 k €	-12.5%	-385,9 k €	-188%	440,2 k €	+424%	-135,7 k €	-184%	162 k €	-70.6%	551,6 k €	-42.7%	962,6 k €	+33.3%	722,3 k €	-29.8%	1 M €	+13.6%	906,4 k €	+82.1%	497,7 k €	-9.7%	551,4 k €	-16.4%	660 k €	+36.6%	483,1 k €	+952%	-56,7 k €	-118%	316,1 k €	-47.2%	598,6 k €
Operating result	-547,7 k €	0.0%	-547,7 k €	+36.5%	-862,3 k €	-595%	-124,1 k €	+82.8%	-721,6 k €	-64.5%	-438,8 k €	-677%	-56,5 k €	-112%	486,9 k €	+92.0%	253,6 k €	-58.4%	610,2 k €	+15.0%	530,8 k €	+293%	135,1 k €	-39.3%	222,6 k €	-44.4%	400,5 k €	+50.6%	265,8 k €	+303%	-131 k €	-164%	205,8 k €	-48.2%	397,2 k €
Net result	-664,7 k €	0.0%	-664,7 k €	+38.2%	-1,1 M €	-199%	-360,3 k €	+59.0%	-879,6 k €	-44.3%	-609,4 k €	-144%	-249,4 k €	-233%	188,1 k €	+226%	57,8 k €	-80.9%	303 k €	+22.1%	248,2 k €	+4157%	5,8 k €	-92.2%	74,6 k €	-58.4%	179,4 k €	-22.0%	229,8 k €	+213%	-204 k €	-632%	38,3 k €	-78.0%	174,4 k €
Balance sheet
Equity	5,1 M €	0.0%	5,1 M €	-11.7%	5,8 M €	+1638%	334,7 k €	-51.7%	693,2 k €	-56.0%	1,6 M €	-28.0%	2,2 M €	-10.1%	2,4 M €	+8.3%	2,2 M €	+2.5%	2,2 M €	-0.7%	2,2 M €	-0.2%	2,2 M €	+0.1%	2,2 M €	+3.4%	2,1 M €	+8.9%	2 M €	+13.0%	1,7 M €	-8.5%	1,9 M €	-53.8%	4,1 M €
Total assets	16,5 M €	0.0%	16,5 M €	-1.1%	16,7 M €	+84.1%	9,1 M €	+5.7%	8,6 M €	-13.5%	9,9 M €	-2.3%	10,2 M €	+1.3%	10 M €	+12.1%	8,9 M €	+11.4%	8 M €	-3.4%	8,3 M €	+10.5%	7,5 M €	+10.0%	6,8 M €	-4.2%	7,1 M €	-25.2%	9,5 M €	+77.7%	5,4 M €	-27.5%	7,4 M €	-13.3%	8,6 M €
Cash	208,2 k €	0.0%	208,2 k €	+48.9%	139,8 k €	-23.4%	182,6 k €	+116%	84,7 k €	-22.8%	109,7 k €	-8.1%	119,3 k €	-58.6%	288,4 k €	+183%	101,9 k €	+43.7%	70,9 k €	-32.2%	104,6 k €	-32.6%	155,2 k €	+125%	68,9 k €	-30.8%	99,5 k €	+41.3%	70,4 k €	-3.3%	72,8 k €	-22.2%	93,7 k €	-50.7%	190,1 k €
Debts	11,3 M €	0.0%	11,3 M €	+4.2%	10,9 M €	+24.7%	8,7 M €	+11.6%	7,8 M €	-6.1%	8,3 M €	+4.9%	7,9 M €	+5.5%	7,5 M €	+13.2%	6,6 M €	+15.0%	5,8 M €	-4.5%	6 M €	+15.2%	5,2 M €	+15.1%	4,6 M €	-2.7%	4,7 M €	-36.0%	7,3 M €	+118%	3,4 M €	-35.8%	5,2 M €	+26.2%	4,1 M €
Other
Workforce	37,3 ETP	0.0%	37,3 ETP	-3.9%	38,8 ETP	+2.9%	37,7 ETP	-4.3%	39,4 ETP	+2.3%	38,5 ETP	+4.9%	36,7 ETP	-0.5%	36,9 ETP	-5.9%	39,2 ETP	+0.3%	39,1 ETP	-0.3%	39,2 ETP	-2.2%	40,1 ETP	-6.5%	42,9 ETP	-5.1%	45,2 ETP	+3.7%	43,6 ETP	+0.7%	43,3 ETP	-5.0%	45,6 ETP	-7.5%	49,3 ETP

Governance

Board of directors

Seen on filing of 28/12/2023 · 8 active · 36 ended

Active mandates

Alice Messiaen

Director · since 10 juillet 2023

Active

Gilles Lietaer

Director · since 10 juillet 2023

Active

Julie Lietaer

Managing director · since 10 juillet 2023

Active

Karel Ghesquiere

Director · since 26 mai 2023

Active

FinAnSi

Director · since 03 juin 2022 · until 02 juin 2023 · 0668.841.427

Represented by Karel GHESQUIERE

Active

Alain LIETAER

Managing director · until 30 juin 2023

Active

ALCABEL

Director · 0454.409.267

Represented by Julie LIETAER

Active

EUROPEAN SPINNING GROUP

Director · until 30 juin 2023 · 0416.644.890

Represented by Caroline GRYSPEERT

Active

Ended mandates

ALCABEL

Director · since 07 juin 2013 · 0454.409.267

Represented by Alain LIETAER

Ended

ALCABEL

Director · since 07 juin 2013 · 0454.409.267

Represented by Alain LIETAER

Ended

Carla (AV 2015) LIETAER

Managing director · since 07 juin 2013

Ended

Carla (AV 2018) LIETAER

Managing director · since 07 juin 2013

Ended

Annual accounts

Full financial information

	2023	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2023	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	28/12/2023	31/05/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	5 months	12 months	12 months	12 months	12 months
Filing date	16/05/2024	26/01/2024	22/06/2023	21/06/2022	14/06/2021	11/09/2020
General meeting	28/12/2023	21/12/2023	26/05/2023	03/06/2022	21/05/2021	28/08/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

43 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full modelCorrection	28/12/2023	28/12/2023	16/05/2024	Dutch	PDF
Full model	31/05/2023	21/12/2023	26/01/2024	Dutch	PDF
Full model	31/12/2022	26/05/2023	22/06/2023	Dutch	PDF
Full model	31/12/2021	03/06/2022	21/06/2022	Dutch	PDF
Full model	31/12/2020	21/05/2021	14/06/2021	Dutch	PDF
Full model	31/12/2019	28/08/2020	11/09/2020	Dutch	PDF
Full model	31/12/2018	07/06/2019	11/06/2019	Dutch	PDF
Full model	31/12/2017	01/06/2018	06/06/2018	Dutch	PDF
Full model	31/12/2016	02/06/2017	06/06/2017	Dutch	PDF
Full model	31/12/2015	03/06/2016	08/06/2016	Dutch	PDF
Full model	31/12/2014	05/06/2015	12/06/2015	Dutch	PDF
Full model	31/12/2013	06/06/2014	24/06/2014	Dutch	PDF
Full model	31/12/2012	07/06/2013	27/06/2013	Dutch	PDF
Full model	31/12/2011	01/06/2012	15/06/2012	Dutch	PDF
Full model	31/12/2010	03/06/2011	30/06/2011	Dutch	PDF
Full model	31/12/2009	04/06/2010	01/07/2010	Dutch	PDF
Full model	31/12/2008	05/06/2009	07/07/2009	Dutch	PDF
Full model	30/09/2007	07/03/2008	16/04/2008	Dutch	PDF
Full model	30/09/2006	02/03/2007	29/03/2007	Dutch	PDF
Full model	30/09/2005	03/03/2006	24/03/2006	Dutch	PDF
Full model	30/09/2004	04/03/2005	27/03/2005	Dutch	PDF
Full model	30/09/2003	05/03/2004	05/04/2004	Dutch	PDF
Full model	30/09/2002	07/03/2003	17/03/2003	Dutch	PDF
Full model	30/09/2001	01/03/2002	12/03/2002	Dutch	PDF

View all 43 filings

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 28/12/2023 · 8 active · 36 ended

Active mandates

Alice Messiaen

Director · since 10 juillet 2023

Active

Gilles Lietaer

Director · since 10 juillet 2023

Active

Julie Lietaer

Managing director · since 10 juillet 2023

Active

Karel Ghesquiere

Director · since 26 mai 2023

Active

FinAnSi

Director · since 03 juin 2022 · until 02 juin 2023 · 0668.841.427

Represented by Karel GHESQUIERE

Active

Alain LIETAER

Managing director · until 30 juin 2023

Active

ALCABEL

Director · 0454.409.267

Represented by Julie LIETAER

Active

EUROPEAN SPINNING GROUP

Director · until 30 juin 2023 · 0416.644.890

Represented by Caroline GRYSPEERT

Active

Ended mandates

ALCABEL

Director · since 07 juin 2013 · 0454.409.267

Represented by Alain LIETAER

Ended

ALCABEL

Director · since 07 juin 2013 · 0454.409.267

Represented by Alain LIETAER

Ended

Carla (AV 2015) LIETAER

Managing director · since 07 juin 2013

Ended

Carla (AV 2018) LIETAER

Managing director · since 07 juin 2013

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Restructuring05/03/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring20/11/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates18/09/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/09/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/06/2018
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2023
Annual accounts 2023-664,7 k €↑
2023
Annual accounts 2023-664,7 k €↑
2022
Annual accounts 2022-1,1 M €↓
2021
Annual accounts 2021-360,3 k €↑
2020
Annual accounts 2020-879,6 k €↓
2019
Annual accounts 2019-609,4 k €↓
2018
Annual accounts 2018-249,4 k €↓
2017
Annual accounts 2017188,1 k €↑
2016
Annual accounts 201657,8 k €↓
2015
Annual accounts 2015303 k €↑
2014
Annual accounts 2014248,2 k €↑
2013
Annual accounts 20135,8 k €↓
2012
Annual accounts 201274,6 k €↓
2011
Annual accounts 2011179,4 k €↓
2010
Annual accounts 2010229,8 k €↑
2009
Annual accounts 2009-204 k €↓
2008
Annual accounts 200838,3 k €↓
2007
Annual accounts 2007174,4 k €

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

AVS SPINNING

Overview

What does AVS SPINNING do?

Trend over 18 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline