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 2023 and 2024.
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Busy address KBO
28 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
AVALON & CO from Kortrijk, company number BE0898935622, closed financial year 2024 with a result of € -137,484 after tax. For that financial year AVALON & CO recorded a gross margin of € 155,803 and equity of € 1.8 million. Compared with financial year 2023, the result moved from € -140,119 to € -137,484. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2025.
€ 1.8 million
▼ 7% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -137,484
▲ 2 % less loss than in 2023
Profit after tax over the fiscal year.
€ 6,231
▲ € 6,087 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.7 million.
People and assets in 2024
1
▲ 0.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 72,789
▲ 35% vs 2023
€ 72,800 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 2024
None
No bank loans on the last day of the fiscal year.
€ 1,342
▼ 88% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 26,205
▲ 96% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 203,410 | € 206,009 | € 60,176 | € 155,803 | ▲ 159% |
| Profit after taxes | € 1,360 | € -16,651 | € -140,119 | € -137,484 | ▲ € 2,635 |
| Equity | € 2,072,395 | € 2,055,744 | € 1,915,625 | € 1,778,140 | ▼ 7% |
| Total debts | € 4,435,073 | € 4,509,178 | € 4,670,772 | € 4,859,702 | ▲ 4% |
| Cash | € 13,272 | € 1,034 | € 145 | € 6,231 | ▲ € 6,087 |
| Retained profit | € 2,009,395 | € 1,992,744 | € 1,852,625 | € 1,715,140 | ▼ 7% |
| Balance sheet total | € 6,507,468 | € 6,564,922 | € 6,586,397 | € 6,637,842 | ▲ 1% |
| Employees (FTE) | 2.2 | 2.1 | 0.8 | 1 | ▲ 0.2 |
Key figures of AVALON & CO, 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 AVALON & CO?
What happened at AVALON & CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 137,484. filed late Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,360 profit in 2021 to € 137,484 loss in 2024.
Best year ever: 2021, with € 1,360 profit.
On average € 155,800 of value added per employee in 2024.
Management
Behind AVALON & CO are Patrick Vervisch and Katrien Baekelandt. It owns 100% of Talent 4 Blinds d.o.o., 100% of Copahome BV, 99.9% of Cimar and 99.8% of Copahome itself.
Establishments
Establishment units
Physical locations of this company
Spinnerijstraat(Kor) 99 box 23
8500 Kortrijk
Meensesteenweg(Kor) 139
8500 Kortrijk
Active since 23 January 2009
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 28 companies are registered at this address.
All companies at this address →CHARLES BEAUMONT
€ -13,801 gross margin · 2025
COPAHOME same network
€ 2.4 million gross margin · 2024
Tyber - Anciens Etablissements Gustave Tyberghein
Algemene Modellenverzameling voor de Rechtspraktijk
TARDEL
€ -15,437 gross margin · 2025
+23 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
- 0898.935.622
- VAT number
- BE 0898.935.622
- Registered office
- Spinnerijstraat(Kor) 99 bus 23, 8500 Kortrijk
- Names & denominations
- AVALON & CO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 June 2008
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
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Holdings
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