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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Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
AVASOL from Wommelgem, company number BE0862448180, closed financial year 2024 with a result of € -177,153 after tax. For that financial year AVASOL recorded a gross margin of € -168,496 and equity of € 51,659. Compared with financial year 2023, the result moved from € 18,495 to € -177,153. The company made a loss. The buffer shrank hard: equity is 77 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 8, 2025.
€ 51,659
▼ 77% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -177,153
▼ still € 18,495 profit in 2023
Profit after tax over the fiscal year.
€ 24
▼ 52% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 33,059.
People and assets in 2024
€ 5
▼ € 2,680 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 26,252
▲ 68% vs 2023
Loans from banks and other lenders, long and short.
€ 321,509
▲ 177% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 38,818
▼ 23% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 97,811 | € 42,494 | € 38,936 | € -168,496 | ▼ € 207,431 |
| Profit after taxes | € 69,874 | € 27,214 | € 18,495 | € -177,153 | ▼ € 195,648 |
| Equity | € 228,103 | € 225,317 | € 228,813 | € 51,659 | ▼ 77% |
| Total debts | € 379,546 | € 520,514 | € 571,261 | € 891,576 | ▲ 56% |
| Cash | € 37,956 | € 457 | € 50 | € 24 | ▼ 52% |
| Retained profit | € 209,503 | € 206,717 | € 210,213 | € 33,059 | ▼ 84% |
| Dividend | € 30,000 | € 30,000 | € 15,000 | € 0 | ▼ 100% |
| Bank debt | € 14,878 | € 15,502 | € 15,586 | € 26,252 | ▲ 68% |
| Balance sheet total | € 607,649 | € 745,831 | € 800,073 | € 943,236 | ▲ 18% |
Key figures of AVASOL, 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 AVASOL?
What happened at AVASOL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 177,153 (▼ € 195,648 vs 2023). filed late Source: NBB ↗
- New establishment in Wommelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 69,874 profit in 2021 to € 177,153 loss in 2024.
Paid € 39,110 in corporate taxes since 2021.
Best year ever: 2021, with € 69,874 profit.
Paid out € 75,000 in dividends to the owners in total.
Management
The stake of P&L Projects comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
AVASOLBehind AVASOL is Wim Beernaert. The shares are held by P&L Projects. It owns 58.7% of ERINAS and 45.5% of Nelson Group itself.
Directors
According to the 2024 annual accounts
Shareholders
Participations
58.7%
45.5%
Establishments
Establishment units
Physical locations of this company
Vlasakker 25
2160 Wommelgem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0862.448.180
- VAT number
- BE 0862.448.180
- Registered office
- Vlasakker 25, 2160 Wommelgem
- Names & denominations
- AVASOL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 December 2003
- Peppol
- Active · Active since 2 Jan 2026
- Activities · NACE
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