ACTIVE

AVGI

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Financial year 2025 · closed on 30/09/2025
Net result
246,7 k €
+1851.7% YoY
Gross margin
677 k €
+104.2% YoY
Equity
341,3 k €
-4.3% YoY
Workforce
3,0 ETP

What does AVGI do?

AVGI is a Private limited company incorporated in 2015. Its main activity is: Computer programming activities. Its registered office is in Gent. It employs on average 3,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0642.738.331
Incorporation
05/11/2015
Legal form
Private limited company
Registered office
Technologiepark-Zwijnaarde 122
9052 Gent · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/09/2025
Average workforce
3,0 ETP
Activities (NACE)
62010Computer programming activities· main62100Computer programming, consultancy and related activities70200Management consultancy activities70220Business and other management consultancy activities
Joint committees (1)
  • 2000
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin677 k €331,5 k €818,6 k €445 k €
EBITDA297,4 k €66,1 k €537,1 k €233,4 k €
Operating result293 k €61,7 k €535,2 k €232,4 k €
Net result246,7 k €12,6 k €507,9 k €260,3 k €
Balance sheet
Equity341,3 k €356,6 k €655,9 k €672 k €
Total assets1,3 M €1,3 M €1,4 M €898 k €
Cash970,2 k €715,2 k €1,2 M €869,7 k €
Debts928,2 k €850,4 k €679,9 k €225,6 k €
Other
Workforce3,0 ETP–2,6 ETP2,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

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

Board of directors

Seen on filing of 30/09/2025 · 2 active · 6 ended

Active mandates

Marincolar

Director · since 12 août 2016 · 0660.870.106

Represented by Guy Marin

Active
VGK solutions

Director · since 12 août 2016 · 0650.915.629

Represented by Kevin Van Geem

Active

Ended mandates

Marincolar

Director · since 12 août 2016 · 0660.870.106

Represented by Guy Marin

Ended
Marincolar

Manager · since 12 août 2016 · 0660.870.106

Represented by Marin Guy

Ended
VGK solutions

Director · since 12 août 2016 · 0650.915.629

Represented by Kevin Van Geem

Ended
VGK solutions

Manager · since 01 avril 2016 · 0650.915.629

Represented by Kevin Van Geem

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelMicro modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date18/12/202510/03/202526/03/202421/03/202328/03/202209/03/2021
General meeting12/12/202507/03/202522/03/202420/03/202315/03/202205/03/2021
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202512/12/202518/12/2025DutchPDF
Micro model30/09/202407/03/202510/03/2025DutchPDF
Abridged model30/09/202322/03/202426/03/2024DutchPDF
Abridged model30/09/202220/03/202321/03/2023DutchPDF
Abridged model30/09/202115/03/202228/03/2022DutchPDF
Abridged model30/09/202005/03/202109/03/2021DutchPDF
Abridged model30/09/201906/03/202019/03/2020DutchPDF
Micro model30/09/201801/03/201921/03/2019DutchPDF
Abridged model30/09/201702/03/201812/03/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 30/09/2025 · 2 active · 6 ended

Active mandates

Marincolar

Director · since 12 août 2016 · 0660.870.106

Represented by Guy Marin

Active
VGK solutions

Director · since 12 août 2016 · 0650.915.629

Represented by Kevin Van Geem

Active

Ended mandates

Marincolar

Director · since 12 août 2016 · 0660.870.106

Represented by Guy Marin

Ended
Marincolar

Manager · since 12 août 2016 · 0660.870.106

Represented by Marin Guy

Ended
VGK solutions

Director · since 12 août 2016 · 0650.915.629

Represented by Kevin Van Geem

Ended
VGK solutions

Manager · since 01 avril 2016 · 0650.915.629

Represented by Kevin Van Geem

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates11/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office20/02/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office27/03/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates26/10/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/08/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other19/11/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, 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. 2025
    Annual accounts 2025246,7 k €↑
  2. 2024
    Annual accounts 202412,6 k €↓
  3. 2023
    Annual accounts 2023507,9 k €↑
  4. 2022
    Annual accounts 2022260,3 k €
  5. 05/11/2015
    IncorporationPrivate limited company