ACTIVE

AVARONNE

Financial year 2025 · closed on 31/12/2025
Net result
45,5 k €
-79.8% YoY
Gross margin
249,2 k €
-61.3% YoY
Equity
387,4 k €
+13.3% YoY
Workforce
1,2 ETP
-36.8% YoY

What does AVARONNE do?

AVARONNE is a Private limited company incorporated in 2012. Its main activity is: Development of building projects. Its registered office is in Kortrijk. It employs on average 1,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0844.936.316
Incorporation
27/03/2012
Legal form
Private limited company
Registered office
Beneluxpark(Kor) 26 box 51
8500 Kortrijk · FlandreSee on map
Contributed capital
200 000,00 €
Latest accounts
31/12/2025
Average workforce
1,2 ETP
Joint committees (1)
  • 200
Signals
ProfitableGood liquidityPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin249,2 k €643,4 k €88,2 k €918,1 k €867,9 k €1,3 M €291 k €-198 k €551,9 k €930,7 k €400,5 k €254,8 k €42,3 k €
EBITDA140,4 k €462,7 k €-68,7 k €766,5 k €798,9 k €826,9 k €191,5 k €-260,1 k €548,4 k €928,8 k €399,5 k €254,2 k €41,5 k €
Operating result199,4 k €476,3 k €-84,3 k €729 k €748,4 k €823,6 k €190,9 k €-261,1 k €546,7 k €927,1 k €397,4 k €252,1 k €39,9 k €
Net result45,5 k €225,2 k €-107,6 k €607,5 k €559,6 k €610,3 k €178,3 k €-239,3 k €343,5 k €618,5 k €256,7 k €127,4 k €16,8 k €
Balance sheet
Equity387,4 k €342 k €116,7 k €224,4 k €1,6 M €1,1 M €442 k €438,7 k €678 k €595,5 k €582 k €330,3 k €216,8 k €
Total assets5,3 M €5,2 M €5,6 M €5,7 M €4,5 M €3,5 M €3,9 M €2,3 M €2,3 M €2,3 M €2,4 M €1,6 M €952,2 k €
Cash153,7 k €62,7 k €327,3 k €437,2 k €2,2 M €97,3 k €1,1 M €165,7 k €496,6 k €807,3 k €1,6 M €603,5 k €107,2 k €
Debts4,5 M €4,4 M €5 M €5 M €2,4 M €2 M €3,4 M €1,9 M €1,7 M €1,7 M €1,8 M €1,3 M €718,7 k €
Other
Workforce1,2 ETP1,9 ETP1,9 ETP1,9 ETP0,8 ETP1,3 ETP1,0 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 15 ended

Active mandates

MPM CONSULT

Director · since 13 décembre 2023 · 0897.561.883

Represented by Philippe Muylle

Active
Patricia Schauteet

Director · since 13 décembre 2023

Active
Thibault Verstraete

Director · since 13 décembre 2023

Active
Vesta Group

Chairman of the board of directors · since 13 décembre 2023 · 0794.212.046

Represented by Christophe Verstraete

Active
Vesta Group

Director · since 13 décembre 2023 · 0794.212.046

Represented by Christophe Verstraete

Active

Ended mandates

MPM CONSULT

Director · since 11 octobre 2021 · 0897.561.883

Represented by Philippe Muylle

Ended
STADSBADER PROMOTIONS

Director · since 11 octobre 2021 · until 13 décembre 2023 · 0885.960.980

Represented by Patricia Schautteet

Ended
STADSBADER PROMOTIONS

Director · since 11 octobre 2021 · 0885.960.980

Represented by Patricia Schautteet

Ended
Christophe Verstraete

Director · since 21 mai 2013 · until 13 décembre 2023

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date15/07/202614/07/202519/07/202407/08/202304/07/202216/07/2021
General meeting26/06/202627/06/202528/06/202430/06/202324/06/202216/07/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202615/07/2026DutchPDF
Abridged model31/12/202427/06/202514/07/2025DutchPDF
Abridged model31/12/202328/06/202419/07/2024DutchPDF
Abridged model31/12/202230/06/202307/08/2023DutchPDF
Abridged model31/12/202124/06/202204/07/2022DutchPDF
Abridged model31/12/202016/07/202116/07/2021DutchPDF
Abridged model31/12/201926/06/202014/07/2020DutchPDF
Abridged model31/12/201828/06/201917/07/2019DutchPDF
Abridged model31/12/201729/06/201830/08/2018DutchPDF
Abridged model31/12/201630/06/201714/07/2017DutchPDF
Abridged model31/12/201524/06/201607/07/2016DutchPDF
Abridged model31/12/201426/06/201508/07/2015DutchPDF
Abridged model31/12/201327/06/201408/07/2014DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 5 active · 15 ended

Active mandates

MPM CONSULT

Director · since 13 décembre 2023 · 0897.561.883

Represented by Philippe Muylle

Active
Patricia Schauteet

Director · since 13 décembre 2023

Active
Thibault Verstraete

Director · since 13 décembre 2023

Active
Vesta Group

Chairman of the board of directors · since 13 décembre 2023 · 0794.212.046

Represented by Christophe Verstraete

Active
Vesta Group

Director · since 13 décembre 2023 · 0794.212.046

Represented by Christophe Verstraete

Active

Ended mandates

MPM CONSULT

Director · since 11 octobre 2021 · 0897.561.883

Represented by Philippe Muylle

Ended
STADSBADER PROMOTIONS

Director · since 11 octobre 2021 · until 13 décembre 2023 · 0885.960.980

Represented by Patricia Schautteet

Ended
STADSBADER PROMOTIONS

Director · since 11 octobre 2021 · 0885.960.980

Represented by Patricia Schautteet

Ended
Christophe Verstraete

Director · since 21 mai 2013 · until 13 décembre 2023

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates21/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/02/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/10/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office19/07/2021
    MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
    PDF
  • Registered office29/09/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates10/06/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other13/04/2012
    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 202545,5 k €
  2. 2024
    Annual accounts 2024225,2 k €
  3. 2023
    Annual accounts 2023-107,6 k €
  4. 2022
    Annual accounts 2022607,5 k €
  5. 2021
    Annual accounts 2021559,6 k €
  6. 2020
    Annual accounts 2020610,3 k €
  7. 2019
    Annual accounts 2019178,3 k €
  8. 2018
    Annual accounts 2018-239,3 k €
  9. 2017
    Annual accounts 2017343,5 k €
  10. 2016
    Annual accounts 2016618,5 k €
  11. 2015
    Annual accounts 2015256,7 k €
  12. 2014
    Annual accounts 2014127,4 k €
  13. 2013
    Annual accounts 201316,8 k €
  14. 27/03/2012
    IncorporationPrivate limited company