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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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2023; threshold 65 %.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2023
Avenue from Oostende, company number BE0414546722, closed financial year 2023 with a result of € -699 after tax. For that financial year Avenue recorded a gross margin of € -635 and equity of € -21,922. Compared with financial year 2022, the result moved from € -747 to € -699. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 21, 2024.
€ -21,922
▼ € 699 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -699
▲ 6 % less loss than in 2022
Profit after tax over the fiscal year.
€ 45
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -85,135.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 635
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € -774 | € -635 | € -635 | |
| Profit after taxes | € -1,397 | € -747 | € -699 | ▲ € 48 |
| Equity | € -20,476 | € -21,223 | € -21,922 | ▼ € 699 |
| Total debts | € 20,521 | € 21,269 | € 21,968 | ▲ 3% |
| Cash | € 45 | € 45 | € 45 | |
| Retained profit | € -83,689 | € -84,436 | € -85,135 | ▼ € 699 |
| Balance sheet total | € 45 | € 45 | € 45 |
Key figures of Avenue, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to Avenue?
What happened at Avenue in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- DICK PANESI stepped down as director. NBB
- New annual accounts for financial year 2023: loss of € 699. Source: NBB ↗
- DICK PANESI became a director. NBB
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,397 loss in 2021 to € 699 loss in 2023.
Management
Directors
According to the 2023 annual accounts
DICK PANESI
Managing director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Vindictivelaan 14 box 5/01
8400 Oostende
Zeelaan 18
8400 Oostende
Active since 1 October 1974
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Details
- Company number
- 0414.546.722
- VAT number
- BE 0414.546.722
- Registered office
- Vindictivelaan 14 bus 5/01, 8400 Oostende
- Names & denominations
- Avenue
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 October 1974
- Peppol
- Not registered
- Activities · NACE
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