Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
AVENUE PROJECTS from Oostende, company number BE0659837352, closed financial year 2024 with a result of € -149,703 after tax. For that financial year AVENUE PROJECTS recorded a gross margin of € 58,659 and equity of € 460,280. Compared with financial year 2023, the result moved from € -264,394 to € -149,703. 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 August 29, 2025.
€ 460,280
▼ 25% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -149,703
▲ 43 % less loss than in 2023
Profit after tax over the fiscal year.
€ 40,536
▲ € 32,745 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -308,320.
People and assets in 2024
€ 4,865
▼ 97% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 2 million
▼ 5% vs 2023
€ 81,081 is repaid this year. At this pace the long-term loan is gone in ≈ 25 years.
€ 1,676
▼ 98% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 21,715
▲ 22% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 2,725 | € 142,952 | € -39,187 | € 58,659 | ▲ € 97,846 |
| Profit after taxes | € -49,585 | € 77,427 | € -264,394 | € -149,703 | ▲ € 114,691 |
| Equity | € 796,949 | € 874,376 | € 609,983 | € 460,280 | ▼ 25% |
| Total debts | € 2,820,526 | € 5,490,357 | € 5,931,285 | € 6,013,786 | ▲ 1% |
| Cash | € 76,280 | € 136,226 | € 7,791 | € 40,536 | ▲ € 32,745 |
| Land & buildings | - | - | € 6,179,092 | € 6,086,854 | ▼ 1% |
| Retained profit | € 28,349 | € 105,776 | € -158,617 | € -308,320 | ▼ € 149,703 |
| Bank debt | € 2,263,300 | € 2,168,919 | € 2,108,108 | € 2,006,757 | ▼ 5% |
| Balance sheet total | € 3,617,475 | € 6,364,734 | € 6,541,268 | € 6,474,067 | ▼ 1% |
Key figures of AVENUE PROJECTS, 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 AVENUE PROJECTS?
What happened at AVENUE PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 149,703. filed late Source: NBB ↗
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 49,585 loss in 2021 to € 149,703 loss in 2024.
Paid € 1,036 in corporate taxes since 2021.
Best year ever: 2022, with € 77,427 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Establishments
Establishment units
Physical locations of this company
Wellingtonstraat 12 - 16
8400 Oostende
Oud Vliegveld 10
8400 Oostende
Active since 20 July 2016
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
Self-hosted
Hosting
COMBELL-AS, BE
Domain
Domain
devoorhaven.be
Registered
2010-10-11
Website info
Features
Security
Details
- Company number
- 0659.837.352
- VAT number
- BE 0659.837.352
- Registered office
- Wellingtonstraat 12 - 16, 8400 Oostende
- Names & denominations
- AVENUE PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 July 2016
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
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