A.V.O. - MANAGEMENT
ActiveA.V.O. - MANAGEMENT has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.85M and a net result of €423k. Equity is growing by ~16% per year across the filed fiscal years. Its solvency ranks better than 89% of 9716 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability85▲+7
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €230k at 30 days acceptable
Liquidity ample (current ratio 5.86 against 6.6 in 2023; short-term debt: 6.7% and cash: 1.7% of total assets), and 12.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
87.2%
Return on assets
12.9%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 10 filingsDeviation from the deadline
2024
61 d late
2023
on the day
2022
on the day
2021
21 d early
2020
3 d early
2019
44 d early
2018
16 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€2.85M▲ 17.4%
2023 · €2.42M
2019: €1.08M
2020: €1.54M
2021: €1.96M
2022: €2.20M
2023: €2.42M
2019 → 2024
Total assets
€3.27M▲ 12.3%
2023 · €2.91M
2019: €1.73M
2020: €2.22M
2021: €2.52M
2022: €2.73M
2023: €2.91M
2019 → 2024
Net result
€423k▲ 91.9%
2023 · €220k
2019: €177k
2020: €455k
2021: €427k
2022: €239k
2023: €220k
2019 → 2024
Working capital
€1.06M▼ 4.2%
2023 · €1.11M
2019: €221k
2020: €444k
2021: €783k
2022: €863k
2023: €1.11M
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.54M-€1.96M▲ 27.8%€2.20M▲ 12.2%€2.42M▲ 10.0%€2.85M▲ 17.4%
Operating result€655k-€542k▼ 17.2%€253k▼ 53.4%€303k▲ 19.8%€522k▲ 72.3%
Net result€455k-€427k▼ 6.1%€239k▼ 44.0%€220k▼ 8.1%€423k▲ 91.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 72% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.27M
Fixed assets
€1.99M▲ 23.8%
Current assets
€1.28M▼ 2.0%
Equity and liabilities €3.27M
Equity
€2.85M▲ 17.4%
Provisions
€151k▼ 9.1%
Debt
€268k▼ 15.8%
The debt ratio falls from 11.0% to 8.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€646k▲
2023 · €442k
Cash flow
€547k▲
2023 · €359k
Solvency
87.2%▲
2023 · 83.3%
Current ratio
5.86▼
2023 · 6.60
Quick ratio
5.86▼
2023 · 6.60
Debt / equity
0.09▼
2023 · 0.13
ROE
14.8%▲
2023 · 9.1%
ROA
12.9%▲
2023 · 7.6%
Interest coverage
48.96▼
2023 · 57.15
Debt
€268k▼
2023 · €319k
Debt ≤ 1 year
€218k▲
2023 · €197k
Debt > 1 year
€49k▼
2023 · €121k
Income taxes
€244k▲
2023 · €117k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.91M€3.27M▲
Fixed assets21/28€1.61M€1.99M▲
Tangible fixed assets22/27€1.20M€1.79M▲
Land and buildings22€1.18M€1.76M▲
Furniture and vehicles24€14k€12k▼
Other tangible fixed assets26€15k€15k=
Financial fixed assets28€402k€202k▼
Current assets29/58€1.30M€1.28M▼
Amounts receivable within one year40/41€1.24M€1.16M▼
Trade receivables40€50k€341k▲
Other amounts receivable41€1.18M€819k▼
Cash at bank and in hand54/58€67k€56k▼
Deferred charges and accrued income490/1€808€62k▲
Equity and liabilities
Total equity and liabilities10/49€2.91M€3.27M▲
Equity10/15€2.42M€2.85M▲
Contributions10/11€19k€19k=
Reserves13€2.38M€2.80M▲
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Tax-exempt reserves132€499k€454k▼
Distributable reserves133€1.88M€2.35M▲
Profit (loss) carried forward14€28k€28k=
Provisions and deferred taxes16€166k€151k▼
Deferred taxes168€166k€151k▼
Amounts payable17/49€319k€268k▼
Amounts payable after more than one year17€121k€49k▼
Financial debts170/4€121k€49k▼
Amounts payable within one year42/48€197k€218k▲
Current portion of amounts payable after more than one year42€61k€41k▼
Financial debts43€49k€53k▲
Credit institutions430/8€49k€53k▲
Trade debts44€4k€32k▲
Suppliers440/4€4k€32k▲
Taxes, remuneration and social security45€31k€92k▲
Taxes450/3€31k€92k▲
Other amounts payable47/48€52k-
Accrued charges and deferred income492/3-€1k
Income statement
Code20232024
Remuneration, social security and pensions62€304-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€139k€124k▼
Other operating charges640/8€14k€67k▲
Gross operating margin9900€456k€713k▲
Operating profit (loss)9901€303k€522k▲
Financial income75/76B€32k€143k▲
Recurring financial income75€32k€63k▲
Non-recurring financial income76B-€80k
Financial charges65/66B€8k€13k▲
Recurring financial charges65€8k€13k▲
Profit (loss) for the period before taxes9903€327k€652k▲
Transfer from deferred taxes780€10k€15k▲
Income taxes67/77€117k€244k▲
Profit (loss) for the period9904€220k€423k▲
Transfer from tax-exempt reserves789€30k€45k▲
Profit (loss) for the period to be appropriated9905€250k€468k▲
Appropriation of the result
Profit (loss) to be appropriated9906€277k€496k▲
Profit (loss) brought forward from the previous period14P€27k€28k▲
Transfer to equity691/2€249k€468k▲
To other reserves6921€249k€468k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Equity above €2MEq €2.20M ▲12.2%
4 profitable years in a row build equity to €2.20M.
10-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Liquidity doublescurrent ratio 6.96
Current ratio from 2.91 to 6.96; short-term debt falls from €233k to €131k.
01-02
State Gazette act
General meeting · Director appointment
Permanent representative · Director resignation
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Highest result since 2019net €455k ▲157%
Operating result €655k, net result €455k, both a record.
2019
18-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
01-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 1 day late
2016
23-11
State Gazette act
General meeting · Director appointment
Permanent representative
21-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 264 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Brussel · 1 establishment unit since 1998
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Franklin Rooseveltlaan 2101050 BrusselGround area
1,272 m²
Building footprint
678 m²
Volume, LiDAR
13,732 m³
2 parcels, Brussels · tallest building 25.6 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Ptoléméelaan 12, 1180 Ukkel
since 19982.186.934.581
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21822R0453/00N003 | Brussels | 818 m² | 1 · 223 m² | 19.3 m · 6 fl. |
| 21612C0286/00A013 | Brussels | 455 m² | 1 · 454 m² | 25.6 m · 8 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
2 connected companiesNetwork connections
Shared director
→
Shared director
→
Ownership & control
1 partyA.V.O. - MANAGEMENTBE 0462.974.466
controls
Where this company holds controlthis company sits on their board1
2 locations
Similar companies · same sector, comparable size
HABITAT INVESDRE
BE 0633.913.113
Verviers · Eq €2.85M
GML IMMO
BE 0789.329.382
Ukkel · Eq €2.86M
IMMO - J.M.C.
BE 0440.624.181
Tournai · Eq €2.86M
WAHA
BE 0428.410.002
Hamme (Vl.) · Eq €2.86M
IMMO WILSON
BE 0431.718.789
Mons · Eq €2.83M
Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 3,884 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-03-1998
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
74142
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.