A-V-A
ActiveSummary
The computed 12-month bankruptcy probability of A-V-A is 5.5% (elevated). The 2024 annual accounts show equity of €48,594 and a net result of -€3,295. Equity is growing by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 59% of 729 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability57▼-33
Solvency66▼-25
Growth46=
Track record100
Bankruptcy probability, 12 months
5.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.88 against 3.61 in 2023; short-term debt: 25% and cash: 3.1% of total assets), but 58.5% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 53
Relative position
BE, all sectors
reference
Postal and courier activities (NACE 53)
about 277% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
41.5%
Return on assets
-2.8%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
54 d late
2022
7 d late
2021
24 d late
2020
33 d early
2019
7 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 13 days after the deadline; the sector median for financial year 2024 is 13 days after the deadline, and 56% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2024, micro schema
Turnover
€243,403▼ 3.3%
2020 · €251,732
EBIT margin
6.1%▲ 2.4pp
2020 · 3.8%
Net result
-€3,295
2023 · €13,344
Working capital
€55,008▲ 21.8%
2023 · €45,163
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 53, Postal and courier activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€251,732▲ 2.9%€243,403▼ 3.3%
Operating result€9,488▼ 59.9%€14,937▲ 57.4%-€762€15,796€4,451▼ 71.8%
Net result€6,494within the sector's middle half▼ 71.3%€9,654within the sector's middle half▲ 48.7%-€6,427below the sector's middle half€13,344within the sector's middle half-€3,295below the sector's middle half
EBIT margin3.8%▼ 5.9pp6.1%▲ 2.4pp
Equity€35,318within the sector's middle half▲ 22.5%€44,972within the sector's middle half▲ 27.3%€38,545within the sector's middle half▼ 14.3%€51,889within the sector's middle half▲ 34.6%€48,594within the sector's middle half▼ 6.4%
Total assets€140,501within the sector's middle half▲ 34.2%€138,896within the sector's middle half▼ 1.1%€92,727within the sector's middle half▼ 33.2%€78,189within the sector's middle half▼ 15.7%€117,221within the sector's middle half▲ 49.9%
Debt€105,183▲ 38.6%€93,924▼ 10.7%€54,182▼ 42.3%€26,300▼ 51.5%€68,627▲ 161%
Working capital€19,733within the sector's middle half▼ 38.5%€30,374within the sector's middle half▲ 53.9%€23,882within the sector's middle half▼ 21.4%€45,163above the sector's middle half▲ 89.1%€55,008above the sector's middle half▲ 21.8%
Solvency25.1%within the sector's middle half▼ 2.4pp32.4%within the sector's middle half▲ 7.2pp41.6%within the sector's middle half▲ 9.2pp66.4%above the sector's middle half▲ 24.8pp41.5%within the sector's middle half▼ 24.9pp
Current ratio1.43within the sector's middle half▼ 3.911.57within the sector's middle half▲ 0.141.72within the sector's middle half▲ 0.153.61above the sector's middle half▲ 1.892.88above the sector's middle half▼ 0.73
Return on assets (ROA)4.6%within the sector's middle half▼ 17.0pp7.0%within the sector's middle half▲ 2.3pp-6.9%below the sector's middle half▼ 13.9pp17.1%above the sector's middle half▲ 24.0pp-2.8%below the sector's middle half▼ 19.9pp
above
within
below
the middle half (P25 to P75) of NACE 53, Postal and courier activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 72% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €117,221
Fixed assets
€32,961 ▲ 110%
Current assets
€84,260 ▲ 34.9%
Equity and liabilities €117,221
Equity
€48,594 ▼ 6.4%
Debt
€68,627 ▲ 161%
Debt's share of the balance-sheet total rises from 33.6% to 58.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€16,432▼
2023 · €35,579
Cash flow
€8,686▼
2023 · €33,127
Debt to equity
1.41▲
2023 · 0.51
ROE
-6.8%▼
2023 · 25.7%
Interest coverage
5.05▼
2023 · 31.18
Debt ≤ 1 year
€29,252▲
2023 · €17,300
Debt > 1 year
€39,375▲
2023 · €9,000
Income taxes
€4,490▲
2023 · €1,328
Staff costs
€115,999▲
2023 · €93,248
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,441 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 90% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a small loss
2.3%
went bankrupt
7.5%
stopped otherwise
90%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 5.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,441 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €251,732 | €243,403 | - | - | - | - |
| Non-recurring operating income76A | - | - | - | - | €42,639 | - |
| Goods, raw materials, services and sundry goods60/61 | - | €123,350 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €82,702 | €81,388 | €93,248 | €115,999 | ▲ 24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,056 | €20,056 | €19,784 | €19,783 | €11,981 | ▼ 39.4% |
| Other operating charges640/8 | - | €2,358 | €3,053 | €2,277 | €12,934 | ▲ 468% |
| Non-recurring operating charges66A | - | - | €409 | - | €7,894 | - |
| Gross operating margin9900 | €108,114 | €120,053 | €103,872 | €131,104 | €153,259 | ▲ 16.9% |
| Operating profit (loss)9901 | €9,488 | €14,937 | -€762 | €15,796 | €4,451 | ▼ 71.8% |
| Financial income75/76B | - | - | - | €17 | - | - |
| Recurring financial income75 | - | - | - | €17 | - | - |
| Financial charges65/66B | - | €2,732 | €2,074 | €1,141 | €3,256 | ▲ 185% |
| Recurring financial charges65 | €2,994 | €2,732 | €2,074 | €1,141 | €3,256 | ▲ 185% |
| Profit (loss) for the period before taxes9903 | €6,494 | €12,205 | -€2,836 | €14,672 | €1,195 | ▼ 91.9% |
| Income taxes67/77 | - | €2,551 | €3,591 | €1,328 | €4,490 | ▲ 238% |
| Profit (loss) for the period9904 | €6,494 | €9,654 | -€6,427 | €13,344 | -€3,295 | ▼ 125% |
| Profit (loss) for the period to be appropriated9905 | €6,494 | €9,654 | -€6,427 | €13,344 | -€3,295 | ▼ 125% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €140,501 | €138,896 | €92,727 | €78,189 | €117,221 | ▲ 49.9% |
| Fixed assets21/28 | €75,349 | €55,293 | €35,509 | €15,726 | €32,961 | ▲ 110% |
| Tangible fixed assets22/27 | €66,349 | €46,293 | €26,509 | €6,726 | €23,961 | ▲ 256% |
| Furniture and vehicles24 | - | €26,116 | €13,058 | - | €23,961 | - |
| Leasing and similar rights25 | - | €20,177 | €13,451 | €6,726 | - | - |
| Financial fixed assets28 | €9,000 | €9,000 | €9,000 | €9,000 | €9,000 | = |
| Current assets29/58 | €65,152 | €83,603 | €57,218 | €62,463 | €84,260 | ▲ 34.9% |
| Amounts receivable within one year40/41 | €65,152 | €77,744 | €46,338 | €57,027 | €80,625 | ▲ 41.4% |
| Trade receivables40 | - | €33,929 | €29,614 | €31,258 | €49,772 | ▲ 59.2% |
| Other amounts receivable41 | - | €43,815 | €16,724 | €25,769 | €30,853 | ▲ 19.7% |
| Cash at bank and in hand54/58 | - | €5,859 | €10,880 | €5,436 | €3,635 | ▼ 33.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €140,501 | €138,896 | €92,727 | €78,189 | €117,221 | ▲ 49.9% |
| Equity10/15 | €35,318 | €44,972 | €38,545 | €51,889 | €48,594 | ▼ 6.4% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | €29,118 | €38,772 | €32,345 | €45,689 | €42,394 | ▼ 7.2% |
| Amounts payable17/49 | €105,183 | €93,924 | €54,182 | €26,300 | €68,627 | ▲ 161% |
| Amounts payable after more than one year17 | €59,764 | €40,695 | €20,846 | €9,000 | €39,375 | ▲ 338% |
| Financial debts170/4 | - | €40,695 | €20,846 | €9,000 | €39,375 | ▲ 338% |
| Amounts payable within one year42/48 | €45,419 | €53,229 | €33,336 | €17,300 | €29,252 | ▲ 69.1% |
| Current portion of amounts payable after more than one year42 | - | €19,871 | €19,709 | €11,922 | €4,027 | ▼ 66.2% |
| Trade debts44 | €26,702 | €26,061 | €6,675 | €791 | €19,972 | ▲ 2,425% |
| Suppliers440/4 | - | €26,061 | €6,675 | €791 | €19,972 | ▲ 2,425% |
| Taxes, remuneration and social security45 | - | €7,297 | €6,952 | €4,587 | €5,253 | ▲ 14.5% |
| Taxes450/3 | - | €7,297 | €6,952 | €4,569 | €5,184 | ▲ 13.5% |
| Remuneration and social security454/9 | - | - | - | €18 | €69 | ▲ 283% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,494 | €9,654 | -€6,427 | €13,344 | -€3,295 | ▼ 125% |
| + Depreciation and write-downs630 | €20,056 | €20,056 | €19,784 | €19,783 | €11,981 | ▼ 39.4% |
| Operating cash flow (approximation) | €26,550 | €29,710 | €13,357 | €33,127 | €8,686 | ▼ 73.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€29,216 | - |
| Change in cash | - | - | €5,021 | -€5,444 | -€1,801 | ▲ 66.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 54 days late
2023
31-12
Financial
Back to profitnet €13,344
Net result €13,344 after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 3.61
Current ratio from 1.72 to 3.61; short-term debt falls from €33,336 to €17,300.
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
2022
31-12
Financial
Weakest financial yearnet -€6,427
Net result drops to -€6,427, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Jette · 1 establishment unit since 2018
Ground area
104 m²
Building footprint
79 m²
Volume, LiDAR
719 m³
Parcel 21464D0146/00V000, Brussels · tallest building 13.2 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
A-V-A
since 20182.276.381.053
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21464D0146/00V000 | Brussels | 104 m² | 1 · 79 m² | 13.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
Similar companies · same sector, comparable size
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AYTU
BE 0791.471.993
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SANDRA TRANS
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Of 4,916 companies in sector 53200 we hold annual accounts for 1,324. 1,107 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded31-05-2018
Fiscal year end31-12
Activities, NACEBEL 2025
53200Other postal and courier activities
52250Logistics services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0696949057
Also
9925:BE0696949057
Registered
23-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.