Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
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Busy address KBO
21 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Avenir Reply from Brussel, company number BE0722844988, closed financial year 2025 with a result of € -54,654 after tax. For that financial year Avenir Reply recorded a gross margin of € 617,294 and equity of € -1.8 million. Compared with financial year 2024, the result moved from € 132,331 to € -54,654. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ -1.8 million
▼ € 54,654 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -54,654
▼ still € 132,331 profit in 2024
Profit after tax over the fiscal year.
€ 86,671
▲ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.1 million.
People and assets in 2025
4.4
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 670,331
▼ 5% vs 2024
€ 152,300 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.
Debts at end 2025
€ 12,451
Loans from banks and other lenders, long and short.
€ 120,874
▼ 76% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 133,825
▼ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,021,959 | € -220,418 | € 874,068 | € 617,294 | ▼ 29% |
| Profit after taxes | € -34,140 | € -1,008,847 | € 132,331 | € -54,654 | ▼ € 186,985 |
| Equity | € -842,409 | € -1,851,256 | € -1,718,926 | € -1,773,580 | ▼ € 54,654 |
| Total debts | € 2,959,997 | € 5,296,247 | € 7,398,199 | € 3,572,385 | ▼ 52% |
| Cash | € 81,447 | € 174,695 | € 83,092 | € 86,671 | ▲ 4% |
| Retained profit | € -1,165,743 | € -2,174,590 | € -2,042,259 | € -2,096,913 | ▼ € 54,654 |
| Bank debt | € 382,516 | € 208,315 | € 12,451 | € 12,451 | |
| Balance sheet total | € 2,117,588 | € 3,444,990 | € 5,679,273 | € 1,798,805 | ▼ 68% |
| Employees (FTE) | - | - | 5 | 4.4 | ▼ 0.6 |
Key figures of Avenir Reply, 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 Avenir Reply?
What happened at Avenir Reply in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Tatiana Rizzante stepped down as director. NBB
- Flavia REBUFFAT stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 54,654 (▼ € 186,985 vs 2024). Source: NBB ↗
- Tatiana Rizzante became a director. NBB
- New establishment in Elsene. KBO
- Flavia REBUFFAT became a director. NBB
- New establishment in Edegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 34,140 loss in 2022 to € 54,654 loss in 2025.
Paid € 7,762 in corporate taxes since 2022.
Best year ever: 2024, with € 132,331 profit.
On average € 140,300 of value added per employee in 2025.
Management
The stake of Wemanity Reply comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Avenir ReplyBehind Avenir Reply is MARCO CUSINATO. The shares are held by Wemanity Reply (100%).
Directors
According to the 2025 annual accounts
MARCO CUSINATO
Director
Flavia REBUFFAT
Director
Also active at: REPLY BELGIUM, SPRINT REPLY, BUSINESS ELEMENTS BELGIUM, AVANTAGE REPLY (BELGIUM)
since 2021 · until 2027
Tatiana Rizzante
Director
since 2022 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Loksumstraat 25
1000 Brussel
Rosalialaan 31
2650 Edegem
Active since 18 March 2019
Arnaud Fraiteurlaan 15 box 23
1050 Elsene
Active since 1 September 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 21 companies are registered at this address.
All companies at this address →DKV BELGIUM
ERGO INSURANCE
STIBBE
€ 68.9 million revenue · 2025
Wemanity Reply same network
€ 16.3 million revenue · 2025
GLEISS-LUTZ-HOOTZ-HIRSCH & PARTN
+16 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0722.844.988
- VAT number
- BE 0722.844.988
- Registered office
- Loksumstraat 25, 1000 Brussel
- Names & denominations
- Avenir Reply
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 March 2019
- Peppol
- Active · Active since 7 Oct 2026
- Activities · NACE
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