Bankrupt · Opening faillissement (CBE)
AVALASIA logo

AVALASIA

BE0834893351

Rechtspersoon Public limited company 1 establishment

AVALASIA is a wholesaler in Menen. Public Limited, started on 18 March 2011, 1 establishment.

Parkstraat 21/0, 8930 Menen avalasia.com

Behind the company: NICO RAMACKER, JACQUES RAMACKER.

Start date

18 March 2011

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 1 of the last 4 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2023 and 2024.

  • Tight liquidity NBB

    Cash and receivables cover 21 % of short-term debt in 2024; threshold 65 %.

  • Shrinking team NBB

    FTE fell two years in a row, from 2.3 to 0.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2024

AVALASIA from Menen, company number BE0834893351, closed financial year 2024 with a result of € -331,908 after tax. For that financial year AVALASIA recorded a gross margin of € -196,180 and equity of € -146,279. Compared with financial year 2023, the result moved from € -183,317 to € -331,908. 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 25, 2025.

What it is worth Caution

€ -146,279

▼ € 331,908 vs 2023

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

Loss Caution

€ -331,908

▼ 81 % more loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 42,446

▲ € 31,901 vs 2023

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -251,279.

People and assets in 2024

Full-time equivalents

0

▼ 2.2 vs 2023

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

Wage cost

€ 37,527

▼ 66% vs 2023

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

€ 1,141

▼ 90% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 1 years to go

€ 329,428

▼ 44% vs 2023

€ 40,131 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 159,866

▼ 9% vs 2023

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

Taxes

€ 26,433

▼ 39% vs 2023

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 525,515 € 121,639 € 202,698 € -196,180 ▼ € 398,878
Profit after taxes € 100,886 € -14,560 € -183,317 € -331,908 ▼ € 148,591
Equity € 383,506 € 368,946 € 185,629 € -146,279 ▼ € 331,908
Total debts € 685,550 € 803,886 € 917,996 € 694,574 ▼ 24%
Cash € 15,182 € 15,743 € 10,545 € 42,446 ▲ € 31,901
Retained profit € 278,506 € 263,946 € 80,629 € -251,279 ▼ € 331,908
Bank debt € 386,761 € 558,807 € 589,209 € 329,428 ▼ 44%
Balance sheet total € 1,069,056 € 1,172,831 € 1,103,625 € 548,295 ▼ 50%
Employees (FTE) 2.3 2.3 2.2 0 ▼ 2.2

Key figures of AVALASIA, 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 AVALASIA?

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

AVALASIA is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2024: loss of € 331,908. Source: NBB ↗
  • New establishment in Menen. KBO
  • Start of the company according to the CBE. KBO

In short

From € 100,886 profit in 2021 to € 331,908 loss in 2024.

Paid € 57,738 in corporate taxes since 2021.

Best year ever: 2021, with € 100,886 profit.

On average € 92,100 of value added per employee in 2023.

Management

NICO RAMACKER JACQUES RAMACKER
AVALASIA

Behind AVALASIA are NICO RAMACKER and JACQUES RAMACKER. NICO RAMACKER is also behind FIRN energy and Novus-R.

Directors

According to the 2024 annual accounts

NICO RAMACKER

Managing director

Also active at: FIRN energy, Novus-R

JACQUES RAMACKER

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Parkstraat 21/0

8930 Menen

2.198.981.783

Parkstraat 21 box glv

8930 Menen

Active since 12 May 2011

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

Website

Hosting & Email

Hosting

AMAZON-02 - Amazon.com, Inc., US

DNS

GoDaddy DNS

Domain

Domain

avalasia.com

Registered

2011-02-01

Registrar

GoDaddy.com, LLC

Expires

2027-02-01

Website info

HTTPS Ja
Indexable pages 1
Languages EN

Features

Security

✓ HTTPS
✗ SPF
✓ DMARC

Network

✓ Load balancing

Details

Company number
0834.893.351
VAT number
BE 0834.893.351
Registered office
Parkstraat 21/0, 8930 Menen
Names & denominations
AVALASIA
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
18 March 2011
Peppol
Not registered
Contact
avalasia.com
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Frequently asked questions

What does AVALASIA do?
AVALASIA is a wholesaler in Menen. Public Limited, started on 18 March 2011, 1 establishment.
What is the address of AVALASIA?
The registered office of AVALASIA is located at Parkstraat 21/0, 8930 Menen.
Is AVALASIA still active?
No. The CBE lists AVALASIA with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is AVALASIA registered on Peppol?
No, AVALASIA is currently not registered on the Peppol network.
What is the enterprise number of AVALASIA?
The enterprise number of AVALASIA is BE0834893351.
When was AVALASIA founded?
AVALASIA was founded on 18 March 2011.