ACTIVE

AVERNA

Financial year 2025 · closed on 31/12/2025
Net result
4,2 M €
+26.1% YoY
Revenue
16,1 M €
-11.3% YoY
Equity
5,8 M €
+27.3% YoY
Workforce
39,2 ETP
-6.9% YoY

What does AVERNA do?

AVERNA is a Public limited company incorporated in 1998. Its registered office is in Hasselt. It employs on average 39,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0464.745.113
Incorporation
04/12/1998
Legal form
Public limited company
Registered office
Research Campus 8
3500 Hasselt · FlandreSee on map
Contributed capital
189 463,83 €
Latest accounts
31/12/2025
Average workforce
39,2 ETP
Joint committees (3)
  • 14904
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202520242023202220212020201920182017201620142013201220072006
Income statement
Revenue16,1 M €18,1 M €11,9 M €12,7 M €12,1 M €11,9 M €13,3 M €15,6 M €9,5 M €5,6 M €9,5 M €6,1 M €5,6 M €4 M €
EBITDA1,1 M €-638,1 k €-314,3 k €-483,5 k €-26,1 k €-370,9 k €918,9 k €641 k €407,1 k €694,3 k €565,2 k €767 k €636,3 k €281,7 k €178,2 k €413 k €
Operating result843,8 k €-726,5 k €-527,8 k €-519,8 k €-1,1 M €-538,1 k €711,2 k €477,8 k €463,2 k €498,3 k €429,5 k €560,5 k €508,1 k €151,9 k €117 k €379,4 k €
Net result4,2 M €3,4 M €639 k €2,4 M €-278,2 k €-852,7 k €333,1 k €339,9 k €-32,8 k €148,8 k €17,5 k €319,9 k €307,1 k €71,4 k €70,5 k €295,1 k €
Balance sheet
Equity5,8 M €4,6 M €1,2 M €3,7 M €1,3 M €2,3 M €3,2 M €2,6 M €2,3 M €2,9 M €2,7 M €2,1 M €1,8 M €1,6 M €667,3 k €596,7 k €
Total assets12,9 M €12,3 M €9,9 M €8,4 M €7,8 M €9,9 M €10,8 M €10,1 M €9,1 M €8,3 M €7,3 M €8,6 M €9,3 M €9 M €1,2 M €1,3 M €
Cash758,1 k €1,1 M €3,2 M €2,1 M €692,3 k €1,3 M €1,9 M €972,8 k €318,8 k €88,5 k €970 k €1,1 M €100,8 k €45,8 k €12,1 k €137,5 k €
Debts6,9 M €7,7 M €8,6 M €4,5 M €5,7 M €7,2 M €7,4 M €7,2 M €6,6 M €5,2 M €4,3 M €6,5 M €7,4 M €7,3 M €529,6 k €549,6 k €
Other
Workforce39,2 ETP42,1 ETP46,1 ETP49,5 ETP50,5 ETP51,5 ETP50,3 ETP45,4 ETP42,8 ETP37,8 ETP38,1 ETP17,8 ETP12,1 ETP12,2 ETP11,1 ETP9,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 38 ended

Active mandates

Cornelis Van Ravenhorst

Director

Active
François Rainville

Director

Active
NIELS DAVIDTS

Director · 0830.915.559

Represented by Niels Davidts

Active

Ended mandates

NIELS DAVIDTS

Director · since 05 avril 2023 · until 01 septembre 2028 · 0830.915.559

Represented by Niels Davidts

Ended
NIELS DAVIDTS

Director · since 05 avril 2023 · until 01 septembre 2028 · 0830.915.559

Represented by Niels Davidts

Ended
Cornelis Van Ravenhorst

Director · since 10 mars 2022 · until 03 septembre 2027

Ended
François Rainville

Director · since 10 mars 2022 · until 02 avril 2027

Ended
At this address

Other companies at this address

CompanyCBE no.
AVERNA HOLDINGActive
0822.525.554
Annual accounts

Full financial information

202520252024202320222021
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/04/202501/04/202401/04/202301/04/202201/04/202101/04/2020
Closing of the financial year31/12/202531/03/202531/03/202431/03/202331/03/202231/03/2021
Length of the financial year9 months12 months12 months12 months12 months12 months
Filing date09/07/202630/10/202520/09/202430/11/202323/12/202218/02/2022
General meeting30/06/202630/09/202506/09/202431/10/202328/11/202219/01/2022
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202609/07/2026DutchPDF
Full model31/03/202530/09/202530/10/2025DutchPDF
Full model31/03/202406/09/202420/09/2024DutchPDF
Full model31/03/202331/10/202330/11/2023DutchPDF
Full model31/03/202228/11/202223/12/2022DutchPDF
Full model31/03/202119/01/202218/02/2022DutchPDF
Full model31/03/202011/09/202009/10/2020DutchPDF
Full model31/03/201921/10/201919/11/2019DutchPDF
Full model31/03/201807/09/201805/10/2018DutchPDF
Full model31/03/201701/09/201722/09/2017DutchPDF
Full model31/03/201602/09/201614/10/2016DutchPDF
Full model31/12/201431/07/201531/08/2015DutchPDF
Full model31/12/201302/05/201429/08/2014DutchPDF
Full model31/12/201203/05/201327/08/2013DutchPDF
Abridged model31/12/201112/06/201211/07/2012DutchPDF
Abridged model31/12/201006/05/201101/06/2011DutchPDF
Abridged model31/12/200918/03/201008/07/2010DutchPDF
Abridged model31/12/200804/05/200902/06/2009DutchPDF
Abridged model31/12/200702/05/200829/05/2008DutchPDF
Abridged model31/12/200604/05/200730/05/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

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 31/12/2025 · 3 active · 38 ended

Active mandates

Cornelis Van Ravenhorst

Director

Active
François Rainville

Director

Active
NIELS DAVIDTS

Director · 0830.915.559

Represented by Niels Davidts

Active

Ended mandates

NIELS DAVIDTS

Director · since 05 avril 2023 · until 01 septembre 2028 · 0830.915.559

Represented by Niels Davidts

Ended
NIELS DAVIDTS

Director · since 05 avril 2023 · until 01 septembre 2028 · 0830.915.559

Represented by Niels Davidts

Ended
Cornelis Van Ravenhorst

Director · since 10 mars 2022 · until 03 septembre 2027

Ended
François Rainville

Director · since 10 mars 2022 · until 02 avril 2027

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other12/01/2026
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates10/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/04/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/04/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/05/2018
    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

Timeline

  1. 2025
    Annual accounts 20254,2 M €
  2. 2025
    Annual accounts 20253,4 M €
  3. 2024
    Annual accounts 2024639 k €
  4. 2023
    Annual accounts 20232,4 M €
  5. 2022
    Annual accounts 2022-278,2 k €
  6. 2021
    Annual accounts 2021-852,7 k €
  7. 2020
    Annual accounts 2020333,1 k €
  8. 2019
    Annual accounts 2019339,9 k €
  9. 2018
    Annual accounts 2018-32,8 k €
  10. 2017
    Annual accounts 2017148,8 k €
  11. 2016
    Annual accounts 201617,5 k €
  12. 2014
    Annual accounts 2014319,9 k €
  13. 2013
    Annual accounts 2013307,1 k €
  14. 2012
    Annual accounts 201271,4 k €
  15. 2007
    Annual accounts 200770,5 k €
  16. 2006
    Annual accounts 2006295,1 k €
  17. 04/12/1998
    IncorporationPublic limited company