avalmart 503
ActiveSummary
The computed 12-month bankruptcy probability of avalmart 503 is 5.1% (elevated). The 2024 annual accounts show equity of €119,371 and a net result of €23,587. Equity is growing by ~16% per year across the filed fiscal years. Its solvency ranks better than 80% of 6717 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability86▼-7
Solvency96▼-4
Growth52=
Track record100
Bankruptcy probability, 12 months
5.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.69 against 3.54 in 2023; short-term debt: 18.2% and cash: 6.4% of total assets), and 29.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+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 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
31 d late
2022
31 d late
2021
5 d late
2020
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 25 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€119,371▼ 1.2%
2023 · €120,783
Total assets
€169,037▲ 11.9%
2023 · €151,105
Net result
€23,587▼ 21.1%
2023 · €29,913
Working capital
€51,759▼ 32.8%
2023 · €77,065
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€53,793-€19,013▼ 64.7%€23,038▲ 21.2%€30,724▲ 33.4%€27,082▼ 11.9%
Net result€53,062above the sector's middle half-€6,930within the sector's middle half▼ 86.9%€15,879within the sector's middle half▲ 129%€29,913above the sector's middle half▲ 88.4%€23,587above the sector's middle half▼ 21.1%
Equity€68,062within the sector's middle half-€74,992within the sector's middle half▲ 10.2%€90,871within the sector's middle half▲ 21.2%€120,783above the sector's middle half▲ 32.9%€119,371above the sector's middle half▼ 1.2%
Total assets€96,630within the sector's middle half-€146,629within the sector's middle half▲ 51.7%€142,054within the sector's middle half▼ 3.1%€151,105within the sector's middle half▲ 6.4%€169,037within the sector's middle half▲ 11.9%
Debt€28,568-€71,638▲ 151%€51,183▼ 28.6%€30,322▼ 40.8%€49,666▲ 63.8%
Working capital€39,541within the sector's middle half-€25,969within the sector's middle half▼ 34.3%€40,286within the sector's middle half▲ 55.1%€77,065above the sector's middle half▲ 91.3%€51,759within the sector's middle half▼ 32.8%
Solvency70.4%above the sector's middle half-51.1%within the sector's middle half▼ 19.3pp64.0%within the sector's middle half▲ 12.8pp79.9%above the sector's middle half▲ 16.0pp70.6%above the sector's middle half▼ 9.3pp
Current ratio2.38within the sector's middle half-1.53within the sector's middle half▼ 0.861.86within the sector's middle half▲ 0.343.54above the sector's middle half▲ 1.682.69above the sector's middle half▼ 0.86
Return on assets (ROA)54.9%above the sector's middle half-4.7%within the sector's middle half▼ 50.2pp11.2%within the sector's middle half▲ 6.5pp19.8%above the sector's middle half▲ 8.6pp14.0%within the sector's middle half▼ 5.8pp
Staff (FTE)1.7within the sector's middle half-2.3▲ 35.3%2▼ 13.0%1.7▼ 15.0%1▼ 41.2%
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 12% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €169,037
Fixed assets
€86,563 ▲ 98.0%
Current assets
€82,474 ▼ 23.2%
Equity and liabilities €169,037
Equity
€119,371 ▼ 1.2%
Debt
€49,666 ▲ 63.8%
Debt's share of the balance-sheet total rises from 20.1% to 29.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€51,188▲
2023 · €47,018
Cash flow
€47,693▲
2023 · €46,207
Debt to equity
0.42▲
2023 · 0.25
ROE
19.8%▼
2023 · 24.8%
Interest coverage
35.76▼
2023 · 57.97
Debt ≤ 1 year
€30,716▲
2023 · €30,322
Debt > 1 year
€18,951
Income taxes
€2,064
Staff costs
€43,113▼
2023 · €55,777
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
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: 5.1% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 26,975 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €3,458 | - | - | - |
| Remuneration, social security and pensions62 | - | €57,865 | €55,162 | €55,777 | €43,113 | ▼ 22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,400 | €9,453 | €16,295 | €16,294 | €24,106 | ▲ 47.9% |
| Other operating charges640/8 | - | €1,597 | €2,422 | €2,103 | €4,330 | ▲ 106% |
| Gross operating margin9900 | €101,836 | €87,928 | €96,916 | €104,898 | €98,631 | ▼ 6.0% |
| Operating profit (loss)9901 | €53,793 | €19,013 | €23,038 | €30,724 | €27,082 | ▼ 11.9% |
| Financial income75/76B | - | - | - | €0 | €0 | ▲ 3,000% |
| Recurring financial income75 | - | - | - | €0 | €0 | ▲ 3,000% |
| Financial charges65/66B | - | €1,687 | €1,699 | €811 | €1,431 | ▲ 76.5% |
| Recurring financial charges65 | €731 | €1,687 | €1,699 | €811 | €1,431 | ▲ 76.5% |
| Profit (loss) for the period before taxes9903 | €53,062 | €17,326 | €21,338 | €29,913 | €25,651 | ▼ 14.2% |
| Income taxes67/77 | - | €10,396 | €5,459 | - | €2,064 | - |
| Profit (loss) for the period9904 | €53,062 | €6,930 | €15,879 | €29,913 | €23,587 | ▼ 21.1% |
| Profit (loss) for the period to be appropriated9905 | €53,062 | €6,930 | €15,879 | €29,913 | €23,587 | ▼ 21.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €96,630 | €146,629 | €142,054 | €151,105 | €169,037 | ▲ 11.9% |
| Fixed assets21/28 | €28,521 | €71,308 | €55,013 | €43,719 | €86,563 | ▲ 98.0% |
| Tangible fixed assets22/27 | €14,146 | €56,933 | €40,638 | €24,344 | €67,188 | ▲ 176% |
| Furniture and vehicles24 | - | €56,933 | €40,638 | €24,344 | €67,188 | ▲ 176% |
| Financial fixed assets28 | €14,375 | €14,375 | €14,375 | €19,375 | €19,375 | = |
| Current assets29/58 | €68,109 | €75,322 | €87,041 | €107,387 | €82,474 | ▼ 23.2% |
| Amounts receivable within one year40/41 | €37,368 | €49,757 | €46,421 | €38,008 | €67,090 | ▲ 76.5% |
| Trade receivables40 | - | €48,738 | €46,310 | €37,750 | €66,734 | ▲ 76.8% |
| Other amounts receivable41 | - | €1,019 | €111 | €258 | €357 | ▲ 38.0% |
| Cash at bank and in hand54/58 | €29,184 | €21,986 | €37,583 | €65,783 | €10,873 | ▼ 83.5% |
| Deferred charges and accrued income490/1 | - | €3,578 | €3,036 | €3,595 | €4,511 | ▲ 25.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €96,630 | €146,629 | €142,054 | €151,105 | €169,037 | ▲ 11.9% |
| Equity10/15 | €68,062 | €74,992 | €90,871 | €120,783 | €119,371 | ▼ 1.2% |
| Contributions10/11 | - | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Profit (loss) carried forward14 | €53,062 | €59,992 | €75,871 | €105,783 | €104,371 | ▼ 1.3% |
| Amounts payable17/49 | €28,568 | €71,638 | €51,183 | €30,322 | €49,666 | ▲ 63.8% |
| Amounts payable after more than one year17 | - | €20,362 | €4,428 | - | €18,951 | - |
| Financial debts170/4 | - | €20,362 | €4,428 | - | €18,951 | - |
| Amounts payable within one year42/48 | €28,568 | €49,352 | €46,755 | €30,322 | €30,716 | ▲ 1.3% |
| Current portion of amounts payable after more than one year42 | - | €12,806 | €15,933 | €7,265 | €9,301 | ▲ 28.0% |
| Trade debts44 | €10,447 | €24,319 | €11,967 | €7,359 | €16,646 | ▲ 126% |
| Suppliers440/4 | - | €24,319 | €11,967 | €7,359 | €16,646 | ▲ 126% |
| Taxes, remuneration and social security45 | - | €8,870 | €18,354 | €15,198 | €4,269 | ▼ 71.9% |
| Taxes450/3 | - | €498 | €8,914 | €7,694 | €3,366 | ▼ 56.2% |
| Remuneration and social security454/9 | - | €8,372 | €9,441 | €7,504 | €903 | ▼ 88.0% |
| Other amounts payable47/48 | - | €3,358 | €500 | €500 | €500 | = |
| Accrued charges and deferred income492/3 | - | €1,924 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €53,062 | €6,930 | €15,879 | €29,913 | €23,587 | ▼ 21.1% |
| + Depreciation and write-downs630 | €3,400 | €9,453 | €16,295 | €16,294 | €24,106 | ▲ 47.9% |
| Operating cash flow (approximation) | €56,462 | €16,383 | €32,174 | €46,207 | €47,693 | ▲ 3.2% |
| Investment in fixed assets (approximation) | - | -€52,240 | €0 | -€5,000 | -€66,950 | ▼ 1,239% |
| Change in cash | - | -€7,198 | €15,597 | €28,200 | -€54,911 | ▼ 295% |
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
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Equity above €100,000Eq €120,783 ▲32.9%
4 profitable years in a row build equity to €120,783.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
31-12
Financial
Weakest financial yearnet €6,930 ▼86.9%
Net result drops to €6,930, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Vorst · 1 establishment unit since 2020
Ground area
111 m²
Building footprint
103 m²
Volume, LiDAR
1,336 m³
Parcel 21007A0069/00R059, Brussels · tallest building 16.1 m, ±4 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
avalmart 503
since 20202.298.260.392
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21007A0069/00R059 | Brussels | 111 m² | 1 · 103 m² | 16.1 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,573 companies in this sector we hold annual accounts for 8,205. 6,377 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded22-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
53200Other postal and courier activities
49420Removal services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0741852535
Also
9925:BE0741852535
Registered
30-01-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.