NORMAL SITUATION

AvoRe

Financial year 2023 · closed on 31/12/2023
Net result
-2,4 k €
+14.1% YoY
Gross margin
-2,8 k €
-19.3% YoY
Equity
183,6 k €
-1.3% YoY
Workforce
0,0 ETP

Company — Normal situation.

What does AvoRe do?

AvoRe is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0500.645.506
Legal form
Public limited company
Contributed capital
198 400,00 €
Latest accounts
31/12/2023
Average workforce
0,0 ETP
Joint committees (1)
  • 207
Signals
Solid equityGood liquidity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2023202220212020201920182017201620152014
Income statement
Gross margin-2,8 k €-2,4 k €-2,3 k €-2,6 k €4,3 k €-3,5 k €15,7 k €17,3 k €58,3 k €-21,3 k €
EBITDA-3,1 k €-2,6 k €-2,5 k €-2,8 k €3,8 k €-3,8 k €15,4 k €-37,8 k €15,2 k €-21,5 k €
Operating result-3,1 k €-2,6 k €-2,5 k €-10 k €-5,6 k €-21,2 k €-12 k €-65,2 k €-13,2 k €-47,8 k €
Net result-2,4 k €-2,7 k €-2,7 k €10,9 k €21,5 k €8,4 k €46,6 k €-51,6 k €-7,1 k €-35,8 k €
Balance sheet
Equity183,6 k €186 k €188,7 k €191,4 k €201,6 k €107,5 k €128,1 k €165,1 k €230,2 k €117,9 k €
Total assets184,6 k €186,8 k €189,3 k €192 k €205,1 k €108,2 k €139 k €200,9 k €282,8 k €199,3 k €
Cash21,9 k €23,4 k €24,2 k €26,3 k €31,1 k €38,3 k €49,2 k €38,1 k €80,2 k €37,9 k €
Debts983,1 €815,4 €542,7 €614,3 €3,5 k €748,5 €10,9 k €35,8 k €52,5 k €81,4 k €
Other
Workforce0,0 ETP1,0 ETP0,8 ETP
Governance

Board of directors

Seen on filing of 31/12/2023 · 3 active · 20 ended

Active mandates

ALTARENCE

Director · since 04 juin 2021 · 0543.814.860

Represented by VARIGAS LUC

Active
DELAGO

Director · since 04 juin 2021 · 0841.314.949

Represented by DE LAET STEVEN

Active
NFP

Director · since 04 juin 2021 · 0828.415.335

Represented by KIEKENS ERIC

Active

Ended mandates

ALTARENCE

Managing director · since 04 juin 2021 · 0543.814.860

Represented by Luc Varigas

Ended
DELAGO

Director · since 04 juin 2021 · 0841.314.949

Represented by Steven De Laet

Ended
NFP

Director · since 04 juin 2021 · 0828.415.335

Represented by Eric KIEKENS

Ended
DELAGO

Director · since 18 février 2016 · until 12 novembre 2020 · 0841.314.949

Represented by Steven De Laet

Ended
Annual accounts

Full financial information

202320222021202020192018
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/07/201801/07/2017
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201930/06/2018
Length of the financial year12 months12 months12 months12 months18 months12 months
Filing date31/07/202431/07/202330/09/202231/07/202105/10/202031/01/2019
General meeting28/06/202416/06/202317/06/202230/06/202107/09/202020/12/2018
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202328/06/202431/07/2024DutchPDF
Abridged model31/12/202216/06/202331/07/2023DutchPDF
Abridged model31/12/202117/06/202230/09/2022DutchPDF
Abridged model31/12/202030/06/202131/07/2021DutchPDF
Abridged model31/12/201907/09/202005/10/2020DutchPDF
Micro model30/06/201820/12/201831/01/2019DutchPDF
Micro model30/06/201720/12/201731/01/2018DutchPDF
Abridged model30/06/201620/12/201628/02/2017DutchPDF
Abridged model30/06/201521/12/201518/05/2016DutchPDF
Abridged model30/06/201420/12/201415/01/2015DutchPDF
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 31/12/2023 · 3 active · 20 ended

Active mandates

ALTARENCE

Director · since 04 juin 2021 · 0543.814.860

Represented by VARIGAS LUC

Active
DELAGO

Director · since 04 juin 2021 · 0841.314.949

Represented by DE LAET STEVEN

Active
NFP

Director · since 04 juin 2021 · 0828.415.335

Represented by KIEKENS ERIC

Active

Ended mandates

ALTARENCE

Managing director · since 04 juin 2021 · 0543.814.860

Represented by Luc Varigas

Ended
DELAGO

Director · since 04 juin 2021 · 0841.314.949

Represented by Steven De Laet

Ended
NFP

Director · since 04 juin 2021 · 0828.415.335

Represented by Eric KIEKENS

Ended
DELAGO

Director · since 18 février 2016 · until 12 novembre 2020 · 0841.314.949

Represented by Steven De Laet

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution31/12/2024
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    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. 2023
    Annual accounts 2023-2,4 k €
  2. 2022
    Annual accounts 2022-2,7 k €
  3. 2021
    Annual accounts 2021-2,7 k €
  4. 2020
    Annual accounts 202010,9 k €
  5. 2019
    Annual accounts 201921,5 k €
  6. 2018
    Annual accounts 20188,4 k €
  7. 2017
    Annual accounts 201746,6 k €
  8. 2016
    Annual accounts 2016-51,6 k €
  9. 2015
    Annual accounts 2015-7,1 k €
  10. 2014
    Annual accounts 2014-35,8 k €