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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
AV BELGIUM II from Brussel, company number BE0776987222, closed financial year 2025 with a result of € -17.5 million after tax. For that financial year AV BELGIUM II recorded a gross margin of € -15.1 million and equity of € 30.5 million. Compared with financial year 2024, the result moved from € -7.1 million to € -17.5 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 30.5 million
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -17.5 million
▼ 146 % more loss than in 2024
Profit after tax over the fiscal year.
€ 437,228
▼ 64% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -31.7 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 125,540
▼ 79% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -3,079,199 | € -3,756,438 | € -6,863,726 | € -15,144,516 | ▼ € 8.3 million |
| Profit after taxes | € -3,217,157 | € -3,835,704 | € -7,133,074 | € -17,532,110 | ▼ € 10.4 million |
| Equity | € 11,014,843 | € 21,136,084 | € 33,015,868 | € 30,547,004 | ▼ 7% |
| Total debts | € 5,377,548 | € 34,494 | € 601,446 | € 3,547,813 | ▲ € 2.9 million |
| Cash | € 1,643,692 | € 668,120 | € 1,228,191 | € 437,228 | ▼ 64% |
| Retained profit | € -3,217,157 | € -7,052,861 | € -14,185,935 | € -31,718,045 | ▼ € 17.5 million |
| Balance sheet total | € 16,392,391 | € 21,170,578 | € 33,617,314 | € 34,094,817 | ▲ 1% |
Key figures of AV BELGIUM II, 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 AV BELGIUM II?
What happened at AV BELGIUM II in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 17.5 million. Source: NBB ↗
- Askarr BV became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 3.2 million loss in 2022 to € 17.5 million loss in 2025.
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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
Management
The stake of SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
AV BELGIUM IIBehind AV BELGIUM II is Askarr BV. The shares are held by SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT (15%).
Directors
According to the 2025 annual accounts
Director · represented by Hendrik Van Asbroeck
Also active at: Biolectric Group, Good Harvest Belgium I, Ad-ASTA, Bnewable
since 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Louizalaan 480
1050 Brussel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0776.987.222
- VAT number
- BE 0776.987.222
- Registered office
- Louizalaan 480, 1050 Brussel
- Names & denominations
- AV BELGIUM II · AVB II
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 November 2021
- Peppol
- Not registered