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AV68

Active
Private limited companyfounded 20251 yr activeMaastrichtersteenweg 136, 3500 Hasselt, BelgiumKBO/BCE: BE 1025.755.697
Summary

The computed 12-month bankruptcy probability of AV68 is 2.3% (moderate). The 2025 annual accounts show equity of €107,007 and a net result of €102,007. Its solvency ranks better than 86% of 13560 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability100
Solvency98
Growth-
Track record67
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days only on tighter terms
Liquidity ample (current ratio 3.48; short-term debt: 25.6% and cash: 57% of total assets), and 26.7% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
73.3%
Return on assets
69.9%
Age of the figures
9 mo
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 24-07-2026, 7 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
7 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · 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

History

AV68 was incorporated on 22 July 2025 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€107,007
Total assets
€145,890
Net result
€102,007
Working capital
€92,726

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

Balance-sheet composition
Assets €145,890
Fixed assets €15,781
Current assets €130,109
Equity and liabilities €145,890
Equity €107,007
Debt €38,884
Debt finances 26.7% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€147,749
Cash flow
€102,845
Current ratio
3.48
Debt to equity
0.36
ROE
95.3%
ROA
69.9%
Interest coverage
33.54
Debt ≤ 1 year
€37,384
Income taxes
€41,161
Staff costs
€41,688

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.3% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 11,279 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
Filed annual accounts As filed with the NBB · 2025 · 40 lines
Balance sheet Code2025
Assets
Total assets20/58€145,890
Fixed assets21/28€15,781
Tangible fixed assets22/27€15,781
Plant, machinery and equipment23€10,133
Furniture and vehicles24€5,648
Current assets29/58€130,109
Amounts receivable within one year40/41€45,869
Other amounts receivable41€45,869
Cash at bank and in hand54/58€83,176
Deferred charges and accrued income490/1€1,065
Equity and liabilities
Total equity and liabilities10/49€145,890
Equity10/15€107,007
Contributions10/11€5,000
Reserves13€102,007
Distributable reserves133€102,007
Amounts payable17/49€38,884
Amounts payable within one year42/48€37,384
Trade debts44€9,891
Suppliers440/4€9,891
Advances received on contracts in progress46€1,018
Taxes, remuneration and social security45€26,475
Taxes450/3€22,236
Remuneration and social security454/9€4,239
Accrued charges and deferred income492/3€1,500
Income statement Code2025
Remuneration, social security and pensions62€41,688
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€839
Other operating charges640/8€201
Gross operating margin9900€189,639
Operating profit (loss)9901€146,910
Financial income75/76B€662
Recurring financial income75€662
Financial charges65/66B€4,405
Recurring financial charges65€4,405
Profit (loss) for the period before taxes9903€143,168
Income taxes67/77€41,161
Profit (loss) for the period9904€102,007
Profit (loss) for the period to be appropriated9905€102,007
Appropriation of the result
Profit (loss) to be appropriated9906€102,007
Transfer to equity691/2€102,007
To other reserves6921€102,007

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€41,688
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€839
Other operating charges640/8€201
Gross operating margin9900€189,639
Operating profit (loss)9901€146,910
Financial income75/76B€662
Recurring financial income75€662
Financial charges65/66B€4,405
Recurring financial charges65€4,405
Profit (loss) for the period before taxes9903€143,168
Income taxes67/77€41,161
Profit (loss) for the period9904€102,007
Profit (loss) for the period to be appropriated9905€102,007
Line2025
Assets
Total assets20/58€145,890
Fixed assets21/28€15,781
Tangible fixed assets22/27€15,781
Plant, machinery and equipment23€10,133
Furniture and vehicles24€5,648
Current assets29/58€130,109
Amounts receivable within one year40/41€45,869
Other amounts receivable41€45,869
Cash at bank and in hand54/58€83,176
Deferred charges and accrued income490/1€1,065
Equity and liabilities
Total equity and liabilities10/49€145,890
Equity10/15€107,007
Contributions10/11€5,000
Reserves13€102,007
Distributable reserves133€102,007
Amounts payable17/49€38,884
Amounts payable within one year42/48€37,384
Trade debts44€9,891
Suppliers440/4€9,891
Advances received on contracts in progress46€1,018
Taxes, remuneration and social security45€26,475
Taxes450/3€22,236
Remuneration and social security454/9€4,239
Accrued charges and deferred income492/3€1,500
Line2025
Profit (loss) for the period9904€102,007
+ Depreciation and write-downs630€839
Operating cash flow (approximation)€102,845

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
24-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Hasselt · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
2,764 m²
Building footprint
1,238 m²
Volume, LiDAR
15,144 m³
2 parcels, Flanders · tallest building 23.7 m, ±5 floors. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
AV68
Kunstlaan 18, 3500 HasseltFull-service restaurants
since 20252.376.823.167
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71328D0149/00L000 Flanders 2,534 m² 1 · 1,024 m² 23.6 m · 5 fl.
71328D0089/00B002 Flanders 230 m² 1 · 214 m² 13.3 m · 4 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Hasselt2.376.823.167
2 permissions
Toelating · Eetgelegenheid · since 03-09-2025
Toelating · Traiteur · since 03-09-2025

Similar companies · same sector, comparable size

Of 20,506 companies in sector 56111 we hold annual accounts for 11,454. 9,491 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
Founded22-07-2025
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56210Event catering
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1025755697
Also 9925:BE1025755697
Registered 25-07-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.