Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
AVR from Roeselare, company number BE0405515626, closed financial year 2025 with a result of € 1.5 million after tax. For that financial year AVR recorded revenue of € 104.2 million and equity of € 44.6 million. Compared with financial year 2024, the result moved from € 5.7 million to € 1.5 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 44.6 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.5 million
▼ 74% vs 2024
Profit after tax over the fiscal year.
€ 957,757
▲ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 44.3 million.
People and assets in 2025
239.6
▲ 30.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 19.9 million
▲ 18% vs 2024
€ 83,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2.8 million
▼ 12% vs 2024
Of which on lease € 2.1 million.
Debts at end 2025
€ 17.3 million
▲ 174% vs 2024
€ 2.6 million is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 12.1 million
▲ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 48 days on average.
€ 3.1 million
▲ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 77,574,431 | € 85,272,757 | € 96,985,678 | € 104,213,171 | ▲ 7% |
| Profit after taxes | € 1,916,448 | € 3,621,586 | € 5,653,363 | € 1,480,077 | ▼ 74% |
| Equity | € 36,603,997 | € 39,192,505 | € 43,112,791 | € 44,559,827 | ▲ 3% |
| Total debts | € 31,106,559 | € 25,971,349 | € 21,749,095 | € 33,155,251 | ▲ 52% |
| Cash | € 3,541,232 | € 854,864 | € 857,943 | € 957,757 | ▲ 12% |
| Land & buildings | € 51,745 | € 80,256 | € 92,631 | € 260,085 | ▲ 181% |
| Retained profit | € 36,326,398 | € 38,911,484 | € 42,864,847 | € 44,344,924 | ▲ 3% |
| Dividend | € 0 | € 1,000,000 | € 1,700,000 | € 0 | ▼ 100% |
| Bank debt | € 17,896,797 | € 14,803,768 | € 6,320,207 | € 17,308,201 | ▲ 174% |
| Balance sheet total | € 67,710,555 | € 65,163,855 | € 64,861,887 | € 77,715,078 | ▲ 20% |
| Employees (FTE) | 178.4 | 192.7 | 209.1 | 239.6 | ▲ 30.5 |
Key figures of AVR, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to AVR?
What happened at AVR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.5 million (▼ 74% vs 2024). Source: NBB ↗
- New establishment in Roeselare. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.9 million profit in 2022 to € 1.5 million profit in 2025.
Paid € 300,525 in corporate taxes since 2022.
Best year ever: 2024, with € 5.7 million profit.
Paid out € 2.7 million in dividends to the owners in total.
Management
The stake of ERACON, EURINVESTS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
AVRBehind AVR are EURINVESTS BV and ERACON BV. The shares are held by ERACON (50%) and EURINVESTS (50%). It owns 100% of AVR Netherlands B.V. itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Krist Nollet
Also active at: APOTHEEK CREMERS, AVRIMMO, APOTHEEK DE MAZIERE, APOTHEEK VANACKERE, Apotheek Waterven, APOTHEEK MEENSEPOORT, NK INVEST, FLEXCARE +1 more
Managing director · represented by Stefan Top
Shareholders
50%
50%
Participations
AVR Netherlands B.V.
100%
Establishments
Establishment units
Physical locations of this company
Meensesteenweg 545
8800 Roeselare
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0405.515.626
- VAT number
- BE 0405.515.626
- Registered office
- Meensesteenweg 545, 8800 Roeselare
- Names & denominations
- AVR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 22 Dec 2025
- Contact
- avr.be [email protected] +32 51 24 55 66
- Activities · NACE
Vervaardiging van machines voor de landbouw en de bosbouw
Vervaardiging van overige machines voor de landbouw en de bosbouw
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Handelsbemiddeling in de groothandel in machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen
Reparatie en onderhoud van machines
Vervaardiging van hijs-, hef- en transportwerktuigen
Vervaardiging van carrosserieën voor motorvoertuigen
Verhuur en lease van landbouwmachines en -werktuigen
+4