A.V. TECHNOLOGY
ActiveThe computed 12-month bankruptcy probability of A.V. TECHNOLOGY is 2.4% (moderate). The 2024 annual accounts show negative equity (€-800k) and a net result of €-142k. Equity is shrinking by ~30.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 3549 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
23
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-47
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.39 against 0.62 in 2023; short-term debt: 252.2% and cash: 15.8% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
-152.8%
Return on assets
-27.1%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-800k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-07-2025, 20 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
20 d early
2023
34 d early
2022
24 d early
2021
44 d early
2020
36 d early
2019
21 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-142k
2023 · €3k
2018: €15k
2019: €-177k
2020: €-179k
2021: €-130k
2022: €-210k
2023: €3k
2018 → 2024
Working capital
€-800k▼ 24.4%
2023 · €-643k
2018: €24k
2019: €-155k
2020: €-324k
2021: €-463k
2022: €-671k
2023: €-643k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-321k-€-451k▼ 40.4%€-661k▼ 46.4%€-658k▲ 0.4%€-800k▼ 21.6%
Operating result€-175k-€-122k▲ 30.5%€-200k▼ 64.4%€8k€-135k
Net result€-179k-€-130k▲ 27.3%€-210k▼ 61.3%€3k€-142k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €135k after €8k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €524k
Fixed assets
€3k▼ 65.5%
Current assets
€521k▼ 50.7%
Key figures and ratios
EBITDA
€-130k▼
2023 · €19k
Cash flow
€-137k▼
2023 · €13k
Solvency
-152.8%▼
2023 · -61.8%
Current ratio
0.39▼
2023 · 0.62
Quick ratio
0.33▼
2023 · 0.58
Debt / equity
-1.65▲
2023 · -2.62
ROA
-27.1%▼
2023 · 0.3%
Interest coverage
-20.00▼
2023 · 3.41
Debt
€1.32M▼
2023 · €1.72M
Debt ≤ 1 year
€1.32M▼
2023 · €1.70M
Income taxes
€707▲
2023 · €386
Staff costs
€791k▲
2023 · €529k
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€1.07M€524k▼
Fixed assets21/28€9k€3k▼
Tangible fixed assets22/27€8k€3k▼
Furniture and vehicles24€8k€3k▼
Financial fixed assets28€260-
Current assets29/58€1.06M€521k▼
Stocks and contracts in progress3€65k€86k▲
Contracts in progress37€65k€86k▲
Amounts receivable within one year40/41€820k€352k▼
Trade receivables40€763k€325k▼
Other amounts receivable41€57k€27k▼
Cash at bank and in hand54/58€170k€83k▼
Deferred charges and accrued income490/1€2k€737▼
Equity and liabilities
Total equity and liabilities10/49€1.07M€524k▼
Equity10/15€-658k€-800k▼
Contributions10/11€19k€19k=
Reserves13€15k€15k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€13k€13k=
Profit (loss) carried forward14€-692k€-834k▼
Amounts payable17/49€1.72M€1.32M▼
Amounts payable within one year42/48€1.70M€1.32M▼
Current portion of amounts payable after more than one year42€4k-
Trade debts44€1.21M€796k▼
Suppliers440/4€1.21M€796k▼
Taxes, remuneration and social security45€67k€105k▲
Taxes450/3€4k€6k▲
Remuneration and social security454/9€63k€99k▲
Other amounts payable47/48€420k€420k=
Accrued charges and deferred income492/3€24k€3k▼
Income statement
Code20232024
Remuneration, social security and pensions62€529k€791k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€5k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€5k-
Other operating charges640/8€1k€901▼
Non-recurring operating charges66A€15k-
Gross operating margin9900€569k€662k▲
Operating profit (loss)9901€8k€-135k▼
Financial income75/76B€406-
Recurring financial income75€406-
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€3k€-141k▼
Income taxes67/77€386€707▲
Profit (loss) for the period9904€3k€-142k▼
Profit (loss) for the period to be appropriated9905€3k€-142k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-692k€-834k▼
Profit (loss) brought forward from the previous period14P€-695k€-692k▲
Social balance
Average headcount (FTE)908711.816.7▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after 4 loss-making years.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-210k
Net result drops to €-210k, the lowest in the series; recovery starts the following year.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Saint-Nicolas · 1 establishment unit since 2018
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.
Rue des Martyrs 1154420 Saint-NicolasGround area
1.1 ha
Building footprint
595 m²
Volume, LiDAR
5,586 m³
Parcel 62102A0267/00E000, Wallonia · tallest building 13.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
A.V. TECHNOLOGY
since 20182.274.708.990
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62102A0267/00E000 | Wallonia | 1.1 ha | 1 · 595 m² | 13.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
TABU Elektriciteitswerken
BE 0713.775.092
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Helfa
BE 0644.762.859
Antwerpen · Eq €34k
TECHNI BIZ
BE 0568.968.445
Sint-Genesius-Rode · Eq €34k
Dussard Danny et Damien
BE 0795.764.541
Rochefort · Eq €34k
Bruno Van Rillaer
BE 0642.599.561
Aarschot · Eq €34k
Of 22,822 companies in sector 43211 we hold annual accounts for 10,324. 8,132 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-04-2018
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43212Electrical installation work in industrial facilities
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:avtehcnologye@gmail.com