Financials
Financial year 2026
AVAMO PLAST from Lokeren, company number BE0449249956, closed financial year 2026 with a result of € 26,021 after tax. For that financial year AVAMO PLAST recorded revenue of € 11.9 million and equity of € 4.1 million. Compared with financial year 2025, the result moved from € -127,079 to € 26,021. Profitable, and profit is growing. 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 October 5, 2026.
€ 4.1 million
▲ 1% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 26,021
▲ still € 127,079 loss in 2025
Profit after tax over the fiscal year.
€ 1.2 million
▲ 67% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 2.5 million.
People and assets in 2026
35.2
▼ 1.2 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 2.7 million
▲ 9% vs 2025
€ 77,900 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.
€ 3,342
▼ 55% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 1.7 million
▼ 10% vs 2025
€ 205,791 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 1.3 million
▼ 19% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 56 days on average.
€ 592,126
▼ 9% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 12,253,596 | € 11,173,475 | € 12,264,443 | € 11,886,496 | ▼ 3% |
| Profit after taxes | € 540,331 | € 327,949 | € -127,079 | € 26,021 | ▲ € 153,100 |
| Equity | € 5,537,288 | € 5,881,154 | € 4,068,735 | € 4,094,757 | ▲ 1% |
| Total debts | € 4,298,572 | € 3,785,490 | € 5,366,273 | € 4,942,415 | ▼ 8% |
| Cash | € 1,397,575 | € 588,529 | € 711,576 | € 1,191,513 | ▲ 67% |
| Land & buildings | € 2,306,721 | € 2,244,045 | € 2,208,132 | € 2,146,328 | ▼ 3% |
| Retained profit | € 3,898,130 | € 4,241,996 | € 2,429,578 | € 2,455,599 | ▲ 1% |
| Dividend | € 100,000 | € 0 | € 1,685,340 | € 0 | ▼ 100% |
| Bank debt | € 933,738 | € 672,417 | € 1,942,990 | € 1,740,405 | ▼ 10% |
| Balance sheet total | € 9,885,719 | € 9,697,975 | € 9,463,729 | € 9,063,281 | ▼ 4% |
| Employees (FTE) | 34.7 | 35.9 | 36.4 | 35.2 | ▼ 1.2 |
Key figures of AVAMO PLAST, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to AVAMO PLAST?
What happened at AVAMO PLAST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 26,021. Source: NBB ↗
- Ernelle Elewaut became a director. NBB
- André Van Moeseke became a director. NBB
- Jovamo CommV became a director. NBB
- Syvamo CommV became a director. NBB
- New establishment in Lokeren. KBO
- Start of the company according to the CBE. KBO
In short
From € 540,331 profit in 2023 to € 26,021 profit in 2026.
Paid € 352,712 in corporate taxes since 2023.
Best year ever: 2023, with € 540,331 profit.
Paid out € 1.8 million in dividends to the owners in total.
Management
Behind AVAMO PLAST are Ernelle Elewaut, André Van Moeseke, Jovamo CommV and Syvamo CommV. Jovamo CommV is also behind ECO 2. Syvamo CommV is also behind ECO 2.
Directors
According to the 2026 annual accounts
Ernelle Elewaut
Director
since 2019
André Van Moeseke
Director
since 2019
since 2019
since 2019
Establishments
Establishment units
Physical locations of this company
Kaarderslaan 18
9160 Lokeren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0449.249.956
- VAT number
- BE 0449.249.956
- Registered office
- Kaarderslaan 18, 9160 Lokeren
- Names & denominations
- AVAMO PLAST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 January 1993
- Peppol
- Active · Active since 19 Nov 2025
- Activities · NACE
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