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 0 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
AVALON from Zoersel, company number BE0445959478, closed financial year 2024 with a result of € -63,712 after tax. For that financial year AVALON recorded a gross margin of € 6,715 and equity of € 66,108. Compared with financial year 2023, the result moved from € 7,882 to € -63,712. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 10, 2025.
€ 66,108
▼ 49% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -63,712
▼ still € 7,882 profit in 2023
Profit after tax over the fiscal year.
€ 246
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -144,601.
Debts at end 2024
€ 148,525
▼ 8% vs 2023
€ 17,411 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 3,007
▼ 40% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 39,584 | € 66,298 | € 24,237 | € 6,715 | ▼ 72% |
| Profit after taxes | € 20,534 | € 124,105 | € 7,882 | € -63,712 | ▼ € 71,595 |
| Equity | € -2,166 | € 121,939 | € 129,821 | € 66,108 | ▼ 49% |
| Total debts | € 875,838 | € 610,630 | € 566,580 | € 591,057 | ▲ 4% |
| Cash | € 10 | - | - | € 246 | |
| Land & buildings | € 595,582 | € 320,753 | € 314,758 | € 308,763 | ▼ 2% |
| Retained profit | € -212,876 | € -88,771 | € -80,889 | € -144,601 | ▼ € 63,713 |
| Bank debt | € 409,548 | € 177,557 | € 161,744 | € 148,525 | ▼ 8% |
| Balance sheet total | € 949,778 | € 732,569 | € 696,401 | € 657,166 | ▼ 6% |
Key figures of AVALON, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to AVALON?
What happened at AVALON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 63,713 (▼ € 71,595 vs 2023). filed late Source: NBB ↗
- New establishment in Zoersel. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,534 profit in 2021 to € 63,713 loss in 2024.
Best year ever: 2022, with € 124,105 profit.
Management
Behind AVALON is Boudewijn Minnebo. It owns 100% of Bo's Amusement and 80% of Berbo itself.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Geleg 61
2980 Zoersel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0445.959.478
- VAT number
- BE 0445.959.478
- Registered office
- Geleg 61, 2980 Zoersel
- Names & denominations
- AVALON
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 December 1991
- Peppol
- Active · Active since 7 Jan 2026