Financials
Financial year 2025
Worth noting
- A loss two years in a row.
- Little cash and receivables against the short-term debts.
Revenue
€ 34.3 million
▼ 6% vs 2024
Profit
Caution€ -4.1 million
Debts
Normal€ 38.4 million
▲ 92% vs 2024
AVASCO INDUSTRIES from Diksmuide, company number BE0433026509, closed financial year 2025 with a result of € -4.1 million after tax. For that financial year AVASCO INDUSTRIES recorded revenue of € 34.3 million and equity of € 11.7 million. Compared with financial year 2024, the result moved from € -4.1 million to € -4.1 million. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
What happened at AVASCO INDUSTRIES?
What happened at AVASCO INDUSTRIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- LV- CONSULTING BV stepped down as director. NBB
- JAVAHO BV stepped down as director. NBB
- VERGALLE INVEST NV stepped down as director. NBB
- VEKA CONSULT BV stepped down as director. NBB
- CISKON BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 4.1 million. Source: NBB ↗
- VEKA CONSULT BV became a director. NBB
- CISKON BV became a director. NBB
In short
From € 5.2 million profit in 2021 to € 4.1 million loss in 2025.
Paid € 1.4 million in corporate taxes since 2021.
Best year ever: 2021, with € 5.2 million profit.
Paid out € 2.2 million in dividends to the owners in total.
A new publication or filing at AVASCO INDUSTRIES? We notify you, reason included.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
The shares are held by VERGALLE INVEST NV (100%) and Frank Vergalle (0%).
Directors
According to the 2025 annual accounts
Director · represented by Lieven Vergalle
Also active at: MIMMO, Vergalle, VERGALLE INVEST +3 more
since 2018 · until 2029
Managing director · represented by Jan Van Houtte
Also active at: STOKOTA, CAFMEYER, AVASCO SUBCONTRACTING +2 more
since 2017 · until 2029
Director · represented by Kaatje Vergalle
Also active at: MIMMO, Vergalle, VERGALLE INVEST
since 2020 · until 2027
Director · represented by Francis Vergalle
Also active at: MIMMO, Vergalle, VERGALLE INVEST +1 more
since 2020 · until 2027
Managing director · represented by Frank Vergalle
Owns 19.8% via VERGALLE INVEST NV
since 2017 · until 2029
Shareholders
VERGALLE INVEST NV · holding of VERGALLE INVEST NV
100%
Frank Vergalle
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Cardijnlaan(D) 6
8600 Diksmuide
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0433.026.509
- VAT number
- BE 0433.026.509
- Registered office
- Cardijnlaan(D) 6, 8600 Diksmuide
- Names & denominations
- AVASCO INDUSTRIES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 January 1988
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Vervaardiging van kantoor- en winkelmeubelen
Vervaardiging van kantoor-, winkel- en ateliermeubelen, overwegend van metaal
Groothandel in niet-elektrische huishoudelijke artikelen
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Groothandel in meubels, niet-elektrische huishoudapparaten en vloerbedekking inclusief tapijten
Overige gespecialiseerde bouwwerkzaamheden