AFVO

Active

Private limited companyfounded 20187 yrs activeRue d'Angoussart 45, 1301 Wavre, BelgiumKBO/BCE: BE 0716.649.757

AFVO has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-14k) and a net result of €10k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 37960 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).

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Checked score

Score 2024

48 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability73▲+18

Solvency21▲+5

Growth58▲+26

Track record100

Bankruptcy probability, 12 months

0.5% Low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.08 against 0.13 in 2023; short-term debt: 89.1% and cash: 2.3% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 70

Relative position

BE, all sectors

reference

Sector 70

lower

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 2024

Solvency, return and age of the figures

Solvency

-4.3%

Return on assets

Age of the figures

21 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 37960 sector peers (2024).

NBB · sector comparison

Position among 37960 sector peers

Solvency

better than 9%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

not confirmed

2024

44 d early

2023

51 d late

2022

50 d late

2021

31 d late

2020

32 d late

2019

62 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€-14k▲ 41.1%

2023 · €-24k

2019: €-10k 2020: €-5k 2021: €17k 2022: €4k 2023: €-24k

2019 → 2024

Total assets

€330k▲ 25.4%

2023 · €263k

2019: €300k 2020: €335k 2021: €340k 2022: €316k 2023: €263k

2019 → 2024

Net result

€10k

2023 · €-28k

2019: €-17k 2020: €5k 2021: €22k 2022: €-13k 2023: €-28k

2019 → 2024

Working capital

€-272k▼ 39.8%

2023 · €-195k

2019: €-224k 2020: €-176k 2021: €-173k 2022: €-174k 2023: €-195k

2019 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€-5k-€17k€4k▼ 77.2%€-24k€-14k▲ 41.1%

Operating result€7k-€30k▲ 301%€-11k€-27k▼ 136%€14k

Net result€5k-€22k▲ 328%€-13k€-28k▼ 113%€10k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €14k after a loss of €27k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €330k

93.2%

Fixed assets €308k▲ 31.3%

Current assets €22k▼ 22.4%

Key figures and ratios

2024 value · change against 2023

EBITDA

€53k▲

2023 · €15k

Cash flow

€49k▲

2023 · €13k

Solvency

-4.3%▲

2023 · -9.3%

Current ratio

0.08▼

2023 · 0.13

Quick ratio

0.08▼

2023 · 0.13

Debt / equity

-24.00▼

2023 · -11.81

ROA

3.0%▲

2023 · -10.7%

Interest coverage

14.11▲

2023 · 10.34

Debt

€345k▲

2023 · €288k

Debt ≤ 1 year

€295k▲

2023 · €224k

Debt > 1 year

€49k▼

2023 · €61k

Income taxes

€284▲

2023 · €259

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€263k€330k▲

Fixed assets21/28€235k€308k▲

Tangible fixed assets22/27€234k€308k▲

Furniture and vehicles24€10k€13k▲

Leasing and similar rights25€12k€14k▲

Other tangible fixed assets26€212k€281k▲

Financial fixed assets28€150€150=

Current assets29/58€29k€22k▼

Amounts receivable within one year40/41€19k€12k▼

Trade receivables40€15k€10k▼

Other amounts receivable41€4k€2k▼

Cash at bank and in hand54/58€9k€8k▼

Deferred charges and accrued income490/1€805€2k▲

Equity and liabilities

Total equity and liabilities10/49€263k€330k▲

Equity10/15€-24k€-14k▲

Contributions10/11€6k€6k=

Profit (loss) carried forward14€-31k€-21k▲

Amounts payable17/49€288k€345k▲

Amounts payable after more than one year17€61k€49k▼

Financial debts170/4€61k€49k▼

Amounts payable within one year42/48€224k€295k▲

Current portion of amounts payable after more than one year42€16k€13k▼

Trade debts44€2k€6k▲

Suppliers440/4€2k€6k▲

Taxes, remuneration and social security45€336€281▼

Taxes450/3€336€281▼

Other amounts payable47/48€206k€275k▲

Accrued charges and deferred income492/3€3k€1k▼

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42k€39k▼

Other operating charges640/8€4k€4k▼

Gross operating margin9900€19k€57k▲

Operating profit (loss)9901€-27k€14k▲

Financial income75/76B€74-

Recurring financial income75€74-

Financial charges65/66B€1k€4k▲

Recurring financial charges65€1k€4k▲

Profit (loss) for the period before taxes9903€-28k€10k▲

Income taxes67/77€259€284▲

Profit (loss) for the period9904€-28k€10k▲

Profit (loss) for the period to be appropriated9905€-28k€10k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-31k€-21k▲

Profit (loss) brought forward from the previous period14P€-2k€-31k▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 10Financial 4Filings 6

2025

17-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Back to profitnet €10k

Net result €10k after 2 loss-making years.

20-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 51 days late

2023

31-12

Financial Weakest financial yearnet €-28k

Net result drops to €-28k, the lowest in the series; recovery starts the following year.

19-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 50 days late

2022

31-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 31 days late

2021

31-12

Financial Highest result since 2019net €22k ▲328%

Operating result €30k, net result €22k, both a record.

01-09

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 32 days late

2020

31-12

Financial Back to profitnet €5k

Net result €5k after one loss-making year.

01-10

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 62 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Wavre · 1 establishment unit since 2018

establishment The establishment unit on the map

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 d'Angoussart 451301 Wavre

Ground area

7,003 m²

Building footprint

204 m²

Volume, LiDAR

1,524 m³

Parcel 25006B0437/00F002, Wallonia · tallest building 20.0 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

AFVO

Rue d'Angoussart 45, 1301 WavreGuest rooms (bed and breakfast)

since 20182.283.792.249

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
25006B0437/00F002	Wallonia	7,003 m²	1 · 204 m²	20.0 m · 2 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

Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 13,376 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded19-12-2018

Fiscal year end31-12

Activities, NACEBEL

70200Business and other management consultancy

70220Business consulting

Sources

Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.