AV SERVICES
ActiveSummary
AV SERVICES has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €325k and a net result of €64k. Equity is growing by ~38.5% per year across the filed fiscal years. Its solvency ranks better than 75% of 2003 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability88▼-12
Solvency100▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.54 against 2.58 in 2024; short-term debt: 21.1% and cash: 58.2% of total assets), and 23.5% of the assets are financed with debt.
Credit check 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 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
76.5%
Return on assets
15.2%
Age of the figures
9 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-06-2026, 55 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
55 d early
2024
54 d late
2023
66 d late
2022
60 d late
2021
61 d early
2020
58 d late
2019
39 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€159k
EBIT margin
10.5%
Net result
€64k▼ 42.0%
2024 · €111k
2018: €22k
2019: €-2k▼ -111% vs 2018lowest in 8 years
2020: €10k▲ +509% vs 2019
2021: €19k▲ +88.7% vs 2020
2022: €38k▲ +103% vs 2021
2023: €41k▲ +7.5% vs 2022
2024: €111k▲ +170% vs 2023highest in 8 years
2025: €64k▼ -42.0% vs 2024
2018 → 2025
Working capital
€228k▲ 98.1%
2024 · €115k
2018: €28k
2019: €24k▼ -12.8% vs 2018lowest in 8 years
2020: €45k▲ +83.9% vs 2019
2021: €65k▲ +45.9% vs 2020
2022: €51k▼ -22.3% vs 2021
2023: €26k▼ -48.2% vs 2022
2024: €115k▲ +339% vs 2023
2025: €228k▲ +98.1% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€69k-€108k▲ 55.3%€149k▲ 38.3%€260k▲ 74.6%€325k▲ 24.8%
2021: €69klowest in 5 years
2022: €108k▲ +55.3% vs 2021
2023: €149k▲ +38.3% vs 2022
2024: €260k▲ +74.6% vs 2023
2025: €325k▲ +24.8% vs 2024highest in 5 years
Operating result€22k-€48k▲ 121%€57k▲ 18.8%€127k▲ 122%€101k▼ 20.7%
2021: €22klowest in 5 years
2022: €48k▲ +121% vs 2021
2023: €57k▲ +18.8% vs 2022
2024: €127k▲ +122% vs 2023highest in 5 years
2025: €101k▼ -20.7% vs 2024
Net result€19k-€38k▲ 103%€41k▲ 7.5%€111k▲ 170%€64k▼ 42.0%
2021: €19klowest in 5 years
2022: €38k▲ +103% vs 2021
2023: €41k▲ +7.5% vs 2022
2024: €111k▲ +170% vs 2023highest in 5 years
2025: €64k▼ -42.0% vs 2024
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 21% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €424k
Fixed assets
€107k ▼ 33.8%
Current assets
€317k ▲ 68.9%
Equity and liabilities €424k
Equity
€325k ▲ 24.8%
Debt
€100k ▲ 11.3%
Debt's share of the balance-sheet total falls from 25.6% to 23.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€155k▼
2024 · €184k
Cash flow
€119k▼
2024 · €168k
Current ratio
3.54▲
2024 · 2.58
Debt to equity
0.31▼
2024 · 0.34
ROE
19.9%▼
2024 · 42.7%
ROA
15.2%▼
2024 · 31.8%
Interest coverage
45.12▼
2024 · 112.52
Debt ≤ 1 year
€90k▲
2024 · €73k
Debt > 1 year
€10k▼
2024 · €17k
Income taxes
€33k▲
2024 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€350k€424k▲
Fixed assets21/28€162k€107k▼
Tangible fixed assets22/27€156k€101k▼
Plant, machinery and equipment23€783-
Furniture and vehicles24€106k€61k▼
Other tangible fixed assets26€49k€40k▼
Financial fixed assets28€6k€6k=
Current assets29/58€188k€317k▲
Amounts receivable within one year40/41€64k€67k▲
Trade receivables40€64k€67k▲
Cash at bank and in hand54/58€123k€247k▲
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€350k€424k▲
Equity10/15€260k€325k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€240k€304k▲
Amounts payable17/49€90k€100k▲
Amounts payable after more than one year17€17k€10k▼
Financial debts170/4€17k€10k▼
Amounts payable within one year42/48€73k€90k▲
Current portion of amounts payable after more than one year42€17k€7k▼
Trade debts44€21k€16k▼
Suppliers440/4€21k€16k▼
Advances received on contracts in progress46-€3k
Taxes, remuneration and social security45€26k€55k▲
Taxes450/3€18k€49k▲
Remuneration and social security454/9€8k€6k▼
Other amounts payable47/48€9k€10k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57k€55k▼
Other operating charges640/8€7k€1k▼
Non-recurring operating charges66A-€116
Gross operating margin9900€191k€157k▼
Operating profit (loss)9901€127k€101k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€125k€97k▼
Income taxes67/77€14k€33k▲
Profit (loss) for the period9904€111k€64k▼
Profit (loss) for the period to be appropriated9905€111k€64k▼
Appropriation of the result
Profit (loss) to be appropriated9906€240k€304k▲
Profit (loss) brought forward from the previous period14P€129k€240k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €4k | €3k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28k | €31k | €47k | €57k | €55k | ▼ 3.9% |
| Other operating charges640/8 | €1k | €2k | €1k | €7k | €1k | ▼ 81.4% |
| Non-recurring operating charges66A | - | - | - | - | €116 | - |
| Gross operating margin9900 | €51k | €86k | €109k | €191k | €157k | ▼ 18.0% |
| Operating profit (loss)9901 | €22k | €48k | €57k | €127k | €101k | ▼ 20.7% |
| Financial income75/76B | €1,000 | €28 | €771 | - | €0 | - |
| Recurring financial income75 | €35 | €28 | €771 | - | €0 | - |
| Non-recurring financial income76B | €964 | - | - | - | - | - |
| Financial charges65/66B | €1k | €3k | €3k | €2k | €3k | ▲ 111% |
| Recurring financial charges65 | €1k | €3k | €3k | €2k | €3k | ▲ 111% |
| Non-recurring financial charges66B | €103 | €250 | €63 | - | - | - |
| Profit (loss) for the period before taxes9903 | €21k | €45k | €55k | €125k | €97k | ▼ 22.4% |
| Income taxes67/77 | €3k | €7k | €14k | €14k | €33k | ▲ 134% |
| Profit (loss) for the period9904 | €19k | €38k | €41k | €111k | €64k | ▼ 42.0% |
| Profit (loss) for the period to be appropriated9905 | €19k | €38k | €41k | €111k | €64k | ▼ 42.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €165k | €229k | €244k | €350k | €424k | ▲ 21.3% |
| Fixed assets21/28 | €64k | €114k | €150k | €162k | €107k | ▼ 33.8% |
| Tangible fixed assets22/27 | €63k | €106k | €144k | €156k | €101k | ▼ 35.2% |
| Plant, machinery and equipment23 | €42k | €25k | €9k | €783 | - | - |
| Furniture and vehicles24 | €21k | €58k | €82k | €106k | €61k | ▼ 42.4% |
| Other tangible fixed assets26 | - | €22k | €52k | €49k | €40k | ▼ 18.6% |
| Financial fixed assets28 | €1k | €8k | €6k | €6k | €6k | = |
| Current assets29/58 | €101k | €115k | €94k | €188k | €317k | ▲ 68.9% |
| Amounts receivable within one year40/41 | €31k | €29k | €19k | €64k | €67k | ▲ 4.2% |
| Trade receivables40 | €29k | €29k | €19k | €64k | €67k | ▲ 4.2% |
| Other amounts receivable41 | €2k | - | €150 | - | - | - |
| Cash at bank and in hand54/58 | €68k | €85k | €74k | €123k | €247k | ▲ 100% |
| Deferred charges and accrued income490/1 | €2k | €600 | €1k | - | €3k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €165k | €229k | €244k | €350k | €424k | ▲ 21.3% |
| Equity10/15 | €69k | €108k | €149k | €260k | €325k | ▲ 24.8% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €49k | €87k | €129k | €240k | €304k | ▲ 26.9% |
| Amounts payable17/49 | €96k | €121k | €95k | €90k | €100k | ▲ 11.3% |
| Amounts payable after more than one year17 | €48k | €57k | €23k | €17k | €10k | ▼ 39.4% |
| Financial debts170/4 | €48k | €57k | €23k | €17k | €10k | ▼ 39.4% |
| Amounts payable within one year42/48 | €36k | €64k | €68k | €73k | €90k | ▲ 22.9% |
| Current portion of amounts payable after more than one year42 | €20k | €27k | €34k | €17k | €7k | ▼ 61.2% |
| Trade debts44 | €3k | €18k | €15k | €21k | €16k | ▼ 24.0% |
| Suppliers440/4 | €3k | €18k | €15k | €21k | €16k | ▼ 24.0% |
| Advances received on contracts in progress46 | - | - | - | - | €3k | - |
| Taxes, remuneration and social security45 | €13k | €20k | €15k | €26k | €55k | ▲ 111% |
| Taxes450/3 | €13k | €4k | €13k | €18k | €49k | ▲ 175% |
| Remuneration and social security454/9 | - | €15k | €2k | €8k | €6k | ▼ 24.1% |
| Other amounts payable47/48 | - | €265 | €4k | €9k | €10k | ▲ 2.8% |
| Accrued charges and deferred income492/3 | €11k | - | €4k | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19k | €38k | €41k | €111k | €64k | ▼ 42.0% |
| + Depreciation and write-downs630 | €28k | €31k | €47k | €57k | €55k | ▼ 3.9% |
| Operating cash flow (approximation) | €47k | €69k | €89k | €168k | €119k | ▼ 29.1% |
| Investment in fixed assets (approximation) | - | €-81k | €-83k | €-69k | €0 | ▲ 100% |
| Change in cash | - | €17k | €-11k | €49k | €124k | ▲ 153% |
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
Next filing, fiscal year 2026, expected by
2026
06-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 54 days late
2024
31-12
Financial
Highest result since 2018net €111k ▲170%
Operating result €127k, net result €111k, both a record.
31-12
Financial
Equity above €200kEq €260k ▲74.6%
5 profitable years in a row build equity to €260k.
05-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 66 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Equity above €100kEq €108k ▲55.3%
3 profitable years in a row build equity to €108k.
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 58 days late
2020
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
Show earlier events
28-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · full 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, Ganshoren · 2 establishment units since 2011
Ground area
1.3 ha
Building footprint
3,446 m²
Volume, LiDAR
26,065 m³
2 parcels, Brussels · tallest building 33.2 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
AV Services
since 20112.195.542.540
AV Services
since 20232.346.201.554
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21821B0501/00E000 | Brussels | 1.3 ha | 1 · 3,375 m² | 33.2 m · 2 fl. |
| 21008A0402/00R009 | Brussels | 112 m² | 1 · 71 m² | 11.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,393 companies in sector 90393 we hold annual accounts for 939. 664 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
Founded24-01-2011
Fiscal year end31-12
Activities, NACEBEL 2025
90393Specialised image, lighting and sound technical services
Scores and ratios are computed by Checked and are not a credit decision.