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.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
AVANT GARDE DECO from Ingelmunster, company number BE0890235514, closed financial year 2025 with a result of € 4,810 after tax. For that financial year AVANT GARDE DECO recorded a gross margin of € 57,452 and equity of € -116,597. Compared with financial year 2024, the result moved from € 37,131 to € 4,810. The company is profitable. 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 June 1, 2026.
€ -116,597
▲ € 4,810 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,810
▼ 87% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -135,197.
People and assets in 2025
€ 35,938
▼ 21% vs 2024
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
€ 88,352
▼ 14% vs 2024
€ 22,645 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 4,980
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,235
▼ 18% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 116,201 | € 102,524 | € 99,543 | € 57,452 | ▼ 42% |
| Profit after taxes | € -34,077 | € 12,565 | € 37,131 | € 4,810 | ▼ 87% |
| Equity | € -171,103 | € -158,538 | € -121,407 | € -116,597 | ▲ € 4,810 |
| Total debts | € 258,629 | € 239,463 | € 185,013 | € 155,702 | ▼ 16% |
| Cash | € 0 | - | € 716 | - | |
| Retained profit | € -189,703 | € -177,173 | € -140,042 | € -135,197 | ▲ € 4,845 |
| Bank debt | € 142,600 | € 135,778 | € 102,601 | € 88,352 | ▼ 14% |
| Balance sheet total | € 87,526 | € 80,925 | € 63,606 | € 39,105 | ▼ 39% |
Key figures of AVANT GARDE DECO, 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 AVANT GARDE DECO?
What happened at AVANT GARDE DECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,810 (▼ 87% vs 2024). Source: NBB ↗
- Manfred Vanhulle became a director. NBB
- Koen Deforche became a director. NBB
- New establishment in Ingelmunster. KBO
- Start of the company according to the CBE. KBO
In short
From € 34,077 loss in 2022 to € 4,810 profit in 2025.
Paid € 792 in corporate taxes since 2022.
Best year ever: 2024, with € 37,131 profit.
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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
Behind AVANT GARDE DECO are Manfred Vanhulle and Koen Deforche.
Directors
According to the 2025 annual accounts
Manfred Vanhulle
Director
since 2012
Koen Deforche
Director
since 2010
Establishments
Establishment units
Physical locations of this company
Izegemstraat 149
8770 Ingelmunster
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0890.235.514
- VAT number
- BE 0890.235.514
- Registered office
- Izegemstraat 149, 8770 Ingelmunster
- Names & denominations
- AVANT GARDE DECO · A.G.D.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 June 2007
- Peppol
- Active · Active since 4 Jun 2026
- Activities · NACE
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Handelsbemiddeling in goederen, algemeen assortiment
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige niet-gespecialiseerde detailhandel
Niet-gespecialiseerde groothandel
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Overige groothandel
Overige niet-gespecialiseerde detailhandel in winkels (verkoop van overwegend niet-voedingsmiddelen met verkoopsoppervlakte van mind er dan 2.500 m2)
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