What does AVASCO SHELVING do?

AVASCO SHELVING is a metalworking company in Wortegem-Petegem. Public Limited, started on 30 October 2018, 2 establishments.

What is the address of AVASCO SHELVING?

The registered office of AVASCO SHELVING is located at Oudenaardseweg (W.-M.) 81, 9790 Wortegem-Petegem.

Is AVASCO SHELVING still active?

Yes. According to the CBE (29 October 2026) AVASCO SHELVING is active, legal situation “Normale toestand”, started on 30 October 2018.

Is AVASCO SHELVING registered on Peppol?

Yes, AVASCO SHELVING is registered on the Peppol network with ID 0208:0712701857.

What is the enterprise number of AVASCO SHELVING?

The enterprise number of AVASCO SHELVING is BE0712701857.

When was AVASCO SHELVING founded?

AVASCO SHELVING was founded on 30 October 2018.

Who are the directors of AVASCO SHELVING?

According to the 2025 annual accounts, the directors of AVASCO SHELVING are: LV-Consulting BV, Javaho BV, Vergalle Invest NV.

Is AVASCO SHELVING a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 30 October 2018; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account; 2 establishments in the CBE.

How much profit did AVASCO SHELVING make in 2025?

AVASCO SHELVING posted a profit after taxes of € 54,931 in financial year 2025.

What is the revenue of AVASCO SHELVING?

As a small company, AVASCO SHELVING is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,797,247.

How much does an employee at AVASCO SHELVING earn?

The average wage cost per full-time employee at AVASCO SHELVING was € 58,000 in 2025: staff costs of € 1.7 million for 29.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does AVASCO SHELVING have?

According to the 2025 annual accounts, AVASCO SHELVING has 29.6 full-time equivalents (FTE).

AVASCO SHELVING (Public Limited) - Wortegem-Petegem

Dossier AVASCO SHELVING, printed on 29 October 2026 from databakkes.be/en/0712701857/avasco-shelving. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

AVASCO SHELVING from Wortegem-Petegem, company number BE0712701857, closed financial year 2025 with a result of € 54,931 after tax. For that financial year AVASCO SHELVING recorded a gross margin of € 1.8 million and equity of € 221,315. Compared with financial year 2024, the result moved from € 66,207 to € 54,931. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.

What it is worth Growing

€ 221,315

▲ 2% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 54,931

▼ 17% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 179,864

▲ 57% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 50,000 paid out

91 % of the profit went to the shareholders, mostly to Vergalle Invest NV (99 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

29.6

▲ 3.4 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.7 million

▲ 13% vs 2024

€ 58,000 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.

Vehicles and equipment

€ 633

▼ 39% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 140,000

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 10,759

▼ 32% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 270,013

▲ 2% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,584,554 Gross margin 2022: € 1,584,554 First fiscal year in the series	€ 1,693,141 Gross margin 2023: € 1,693,141 ▲ 7% vs 2022 (€ 1,584,554) Favourable step	€ 1,601,517 Gross margin 2024: € 1,601,517 ▼ 5% vs 2023 (€ 1,693,141) Unfavourable step	€ 1,797,247 Gross margin 2025: € 1,797,247 ▲ 12% vs 2024 (€ 1,601,517) Favourable step	▲ 12%
Profit after taxes	€ 54,217 Profit after taxes 2022: € 54,217 First fiscal year in the series	€ 83,125 Profit after taxes 2023: € 83,125 ▲ 53% vs 2022 (€ 54,217) Favourable step	€ 66,207 Profit after taxes 2024: € 66,207 ▼ 20% vs 2023 (€ 83,125) Unfavourable step	€ 54,931 Profit after taxes 2025: € 54,931 ▼ 17% vs 2024 (€ 66,207) Unfavourable step	▼ 17%
Equity	€ 485,052 Equity 2022: € 485,052 First fiscal year in the series	€ 150,177 Equity 2023: € 150,177 ▼ 69% vs 2022 (€ 485,052) Unfavourable step	€ 216,384 Equity 2024: € 216,384 ▲ 44% vs 2023 (€ 150,177) Favourable step	€ 221,315 Equity 2025: € 221,315 ▲ 2% vs 2024 (€ 216,384) Favourable step	▲ 2%
Total debts	€ 375,136 Total debts 2022: € 375,136 First fiscal year in the series	€ 644,590 Total debts 2023: € 644,590 ▲ 72% vs 2022 (€ 375,136) Unfavourable step	€ 280,136 Total debts 2024: € 280,136 ▼ 57% vs 2023 (€ 644,590) Favourable step	€ 470,772 Total debts 2025: € 470,772 ▲ 68% vs 2024 (€ 280,136) Unfavourable step	▲ 68%
Cash	€ 394,208 Cash 2022: € 394,208 First fiscal year in the series	€ 124,728 Cash 2023: € 124,728 ▼ 68% vs 2022 (€ 394,208) Unfavourable step	€ 114,736 Cash 2024: € 114,736 ▼ 8% vs 2023 (€ 124,728) Unfavourable step	€ 179,864 Cash 2025: € 179,864 ▲ 57% vs 2024 (€ 114,736) Favourable step	▲ 57%
Retained profit	€ 422,552 Retained profit 2022: € 422,552 First fiscal year in the series	€ 87,677 Retained profit 2023: € 87,677 ▼ 79% vs 2022 (€ 422,552) Unfavourable step	€ 153,884 Retained profit 2024: € 153,884 ▲ 76% vs 2023 (€ 87,677) Favourable step	€ 158,815 Retained profit 2025: € 158,815 ▲ 3% vs 2024 (€ 153,884) Favourable step	▲ 3%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 418,000 Dividend 2023: € 418,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 418,000) Unchanged	€ 50,000 Dividend 2025: € 50,000 Unchanged (€ 0) Unchanged
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 140,000 Bank debt 2025: € 140,000 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 860,188 Balance sheet total 2022: € 860,188 First fiscal year in the series	€ 794,766 Balance sheet total 2023: € 794,766 ▼ 8% vs 2022 (€ 860,188) Unchanged	€ 496,520 Balance sheet total 2024: € 496,520 ▼ 38% vs 2023 (€ 794,766) Unchanged	€ 692,087 Balance sheet total 2025: € 692,087 ▲ 39% vs 2024 (€ 496,520) Unchanged	▲ 39%
Employees (FTE)	30.7 Employees (FTE) 2022: 30.7 First fiscal year in the series	30.7 Employees (FTE) 2023: 30.7 Unchanged (30.7) Unchanged	26.2 Employees (FTE) 2024: 26.2 ▼ 4.5 vs 2023 (30.7) Unchanged	29.6 Employees (FTE) 2025: 29.6 ▲ 3.4 vs 2024 (26.2) Unchanged	▲ 3.4

Key figures of AVASCO SHELVING, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to AVASCO SHELVING?

What happened at AVASCO SHELVING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2030 LV-Consulting BV stepped down as director. NBB
2030 Javaho BV stepped down as director. NBB
2030 Vergalle Invest NV stepped down as director. NBB
Jul 15, 2026 New annual accounts for financial year 2025: profit of € 54,931 (▼ 17% vs 2024). Source: NBB ↗
2024 LV-Consulting BV became a director. NBB
2024 Javaho BV became a director. NBB
2024 Vergalle Invest NV became a director. NBB
Jan 1, 2023 New establishment in Diksmuide. KBO

In short

From € 54,217 profit in 2022 to € 54,931 profit in 2025.

Paid € 104,784 in corporate taxes since 2022.

Best year ever: 2023, with € 83,125 profit.

On average € 60,700 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Vergalle Invest NV 99%

Frank Vergalle 1%

AVASCO SHELVING

The shares are held by Vergalle Invest NV (99%) and Frank Vergalle (1%).

Directors

According to the 2025 annual accounts

LV-Consulting BV

Director · represented by Lieven Vergalle

Also active at: AVASCO INDUSTRIES, MIMMO, Vergalle, VERGALLE INVEST, AVASCO SUBCONTRACTING, AVASCO SOLAR

since 2024 · until 2030

Javaho BV

Managing director · represented by Jan Van Houtte

Also active at: STOKOTA, CAFMEYER, AVASCO INDUSTRIES, AVASCO SUBCONTRACTING, AVASCO SOLAR

since 2024 · until 2030

Vergalle Invest NV

Chairman of the board · represented by Frank Vergalle

Owns 19.6% via Vergalle Invest NV

Also active at: STOKOTA, CAFMEYER, AVASCO INDUSTRIES, Vergalle, AVASCO SUBCONTRACTING, AVASCO SOLAR, Steel Service Center Oudenaarde

since 2024 · until 2030

Shareholders

Vergalle Invest NV · holding of Vergalle Invest NV

99%

Frank Vergalle

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Oudenaardseweg (W.-M.) 81

9790 Wortegem-Petegem

2.341.997.001

Cardijnlaan(D) 6

8600 Diksmuide

Active since 1 January 2023

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

KAAFRALIE

Steel Service Center Oudenaarde same network

€ 2.8 million gross margin · 2025

Riemaek

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0712.701.857

VAT number

BE 0712.701.857

Registered office

Oudenaardseweg (W.-M.) 81, 9790 Wortegem-Petegem

Names & denominations

AVASCO SHELVING

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

30 October 2018

Peppol

Active · Active since 15 Dec 2025

Activities · NACE

Coating van metalen

Overige zakelijke dienstverlening, neg

Oppervlaktebehandeling van metalen

View on CBE Public ↗ Annual accounts (NBB) ↗

AVASCO SHELVING

Financials

What happened to AVASCO SHELVING?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions