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AVB-TECH

Active
Private limited companyfounded 2024active for 2 yearsAssesteenweg 116A, 1740 Ternat, Belgium140 active companies are registered at this addressKBO/BCE: BE 1010.163.344
Summary

The computed 12-month bankruptcy probability of AVB-TECH is 1.7% (moderate). The 2025 annual accounts show equity of €15,436 and a net result of €15,436. Its solvency ranks better than 67% of 34,718 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Plumbing work
NACE 43221
1 site
Size
€24,904total assets 2025
Equity
€15,436
Profit
€15,436
Turnover not published (micro format)
Financial health
56 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.7%
Structure
2025 accounts filed 31 days late
Why 56raises riskFounded in 2024Size: total assets €24,904Last filed accounts filed 31 days late; 1 of the last 3 latelowers riskLiquidity: current ratio 1.71, cash €3,628Show the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 68% of its sector peers (NACE 43, micro)
Financial strength
Strong
Solvency 87
equity 62.0% of total assets
Liquidity 51
short-term debt 38.0% · cash 14.6%
Profitability 100
return on assets 62.0%
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,640 companies, NACE 43, micro)
Last 24 months 07-2025: 1.9% 08-2025: 1.9%● unchanged vs 07-2025 09-2025: 2.0%▲ +0.1 percentage points vs 08-2025 10-2025: 2.4%▲ +0.4 percentage points vs 09-2025 11-2025: 2.4%● unchanged vs 10-2025 12-2025: 2.7%▲ +0.3 percentage points vs 11-2025 01-2026: 3.0%▲ +0.3 percentage points vs 12-2025 02-2026: 3.0%● unchanged vs 01-2026 03-2026: 2.9%▼ -0.1 percentage points vs 02-2026 04-2026: 3.0%▲ +0.1 percentage points vs 03-2026 05-2026: 3.2%▲ +0.2 percentage points vs 04-2026 06-2026: 3.3%▲ +0.1 percentage points vs 05-2026 07-2026: 3.3%● unchanged vs 06-2026highest value 08-2026: 3.3%● unchanged vs 07-2026highest value 09-2026: 1.7%▼ -1.6 percentage points vs 08-2026lowest value 10-2026: 1.7%● unchanged vs 09-2026lowest value
Credit of up to €500 on 30-day terms is acceptable
Liquidity ample (current ratio 1.71, above the usual 1.5; short-term debt: 38% and cash: 14.6% of total assets), and 38% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 68% on solvency, 45% on liquidity and 92% on profitability.

The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €24,904
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 late
NBB · filings
lowers risk · Liquidity: current ratio 1.71, cash €3,628
NBB · annual accounts
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
31 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointment: BOUAJAJA Mohamed (director) ·…

Financials · financial year 2025, micro format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00473723.

Equity
€15,436
Total assets
€24,904
Net result
€15,436
Working capital
€6,714

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

Balance-sheet composition
Assets €24,082
Fixed assets €7,900
Current assets €16,182
Equity and liabilities €24,904
Equity €15,436
Debt €9,468
Debt finances 38.0% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€18,156
Cash flow
€17,617
Current ratio
1.71
Debt to equity
0.61
ROE
100.0%
ROA
62.0%
Interest coverage
33.68
Debt ≤ 1 year
€9,468

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

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

For this company itself Checked computes a bankruptcy probability of 1.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 0.9%
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 74.5% 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 39,278 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 · 28 lines
Balance sheet Code2025
Assets
Total assets20/58€24,904
Formation expenses20€822
Fixed assets21/28€7,900
Tangible fixed assets22/27€7,900
Furniture and vehicles24€7,900
Current assets29/58€16,182
Amounts receivable within one year40/41€12,554
Trade receivables40€4,166
Other amounts receivable41€8,388
Cash at bank and in hand54/58€3,628
Equity and liabilities
Total equity and liabilities10/49€24,904
Equity10/15€15,436
Profit (loss) carried forward14€15,436
Amounts payable17/49€9,468
Amounts payable within one year42/48€9,468
Trade debts44€3,455
Suppliers440/4€3,455
Advances received on contracts in progress46€6,013
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,181
Other operating charges640/8€609
Gross operating margin9900€18,765
Operating profit (loss)9901€15,975
Financial charges65/66B€539
Recurring financial charges65€539
Profit (loss) for the period before taxes9903€15,436
Profit (loss) for the period9904€15,436
Profit (loss) for the period to be appropriated9905€15,436
Appropriation of the result
Profit (loss) to be appropriated9906€15,436

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,181
Other operating charges640/8€609
Gross operating margin9900€18,765
Operating profit (loss)9901€15,975
Financial charges65/66B€539
Recurring financial charges65€539
Profit (loss) for the period before taxes9903€15,436
Profit (loss) for the period9904€15,436
Profit (loss) for the period to be appropriated9905€15,436
Line2025
Assets
Total assets20/58€24,904
Formation expenses20€822
Fixed assets21/28€7,900
Tangible fixed assets22/27€7,900
Furniture and vehicles24€7,900
Current assets29/58€16,182
Amounts receivable within one year40/41€12,554
Trade receivables40€4,166
Other amounts receivable41€8,388
Cash at bank and in hand54/58€3,628
Equity and liabilities
Total equity and liabilities10/49€24,904
Equity10/15€15,436
Profit (loss) carried forward14€15,436
Amounts payable17/49€9,468
Amounts payable within one year42/48€9,468
Trade debts44€3,455
Suppliers440/4€3,455
Advances received on contracts in progress46€6,013
Line2025
Profit (loss) for the period9904€15,436
+ Depreciation and write-downs630€2,181
Operating cash flow (approximation)€17,617

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 31-08-2026 2026-00473723

Similar companies · same sector, comparable size

Of the 7,007 active companies whose main activity is plumbing work (NACE 43221), figures are known for 3,552. 2,289 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2024
BOUAJAJA Mohamed
Director · since 11-06-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
BOUAJAJA Mohamed
  • Director, from 11-06-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 11-06-2024 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 11-06-2024 Incorporation · €5,000 · 100 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

AVB-TECH was incorporated on 7 June 2024 as a private limited company by one natural person, with a starting capital of €5,000.12 Since 2024, BOUAJAJA Mohamed has served as director of the company.2 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 11-06-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
31-08
NBB filing Annual accounts filed
financial year 2025 · micro format · 31 days late
2024
11-06
Gazette deed Incorporation
Appointment: BOUAJAJA Mohamed (director) · Registered office clause · Pre-incorporation commitments7 facts ▸
  • Registered office clause, “1740 Ternat, Assesteenweg, 116A” (deed in Dutch)
  • Director appointment, BOUAJAJA Mohamed (director)
  • Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten door comparanten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
  • Incorporation, 07-06-2024
  • Founder, BOUAJAJA Mohamed
  • Founding capital, €5,000
  • Capital
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded07-06-2024
Financial year end31-12
Activities, NACEBEL 2025
43221Plumbing work
41001General construction of residential buildings
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
43212Electrical installation work in industrial facilities
43222Installation of electric heating, air conditioning, cooling and ventilation
Contact
E-mail Avb.tech.info@gmail.comTernat
Phone 0470250101Ternat
E-invoicing
Reachable via Peppol
Peppol ID 0208:1010163344
Also 9925:BE1010163344
Registered 17-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 26 October 2026 · Peppol Directory

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

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1010.163.344

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Ternat · 1 establishment unit since 2024
registered office establishment approximate The establishment unit on the map
Ground area
82 m²
Building footprint
59 m²
Building volume
495 m³
Parcel 23086A0354/00K002, Flanders · tallest building 10.3 m. Linked by address, not a title deed.
1 establishment unit
AVB TECH
Assesteenweg 116, 1740 TernatPlumbing work
since 2024unit no. 2.360.198.753
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
23086A0354/00K002 Flanders 82 m² 1 · 58 m² 10.3 m · 3
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
AVB-TECH
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest of Brussels Hoofdstedelijk Gewest, 1740 Ternat,Assesteenweg,116A” (deed in Dutch)

deed of 11-06-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Benoemd met of zonder beperking van duur,statutair bestuurder mogelijk indien benoemd in statuten, bestuursorgaan” (deed in Dutch)
“Algemene kosten,los van representatie-,reis- en verplaatsingskosten, algemene vergadering met absolute meerderheid of enige aandeelhouder…” (deed in Dutch)
1 more provision on this in the deed

deed of 11-06-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, register van aandelen op naam met vermeldingen voorgeschreven door Wetboek van vennootschappen en verenigingen” (deed in Dutch)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Alle gevallen overdrachten onder levenden,onder bezwarende titel of om niet,vrijwillig of gedwongen (uitsluiting en…” (deed in Dutch)

deed of 11-06-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Wednesday of June at 14:00

deed of 11-06-2024

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
“Algemene vergadering, vormen vereist voor statutenwijziging” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Ontbinding om welke reden en op welk ogenblik ook, bestuurder(s) in functie krachtens statuten indien geen andere vereffenaar benoemd” (deed in Dutch)

deed of 11-06-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Toegang algemene vergadering, rechten niet geschorst” (deed in Dutch)
Other provision: “Bestuurder, bij gebrek aandeelhouder met meeste aandelen, bij pariteit oudste, zittingen-processen-verbaal” (deed in Dutch)
Other provision: “Schriftelijke volmacht aan ieder ander persoon, al dan niet aandeelhouder, door alle middelen van overdracht, beraadslagingen” (deed in Dutch)
Other provision: “Bestuursorgaan tijdens zitting, verdaging” (deed in Dutch)
Other provision: “Bestemming winst-reserves, algemene vergadering” (deed in Dutch)
Other provision: “Mededelingen, aanmaningen, dagvaardingen, betekeningen geldig, woonstkeuze” (deed in Dutch)
Other provision: “Bepalingen Wetboek van vennootschappen en verenigingen waarvan niet geldig afgeweken geacht ingeschreven, clausules strijdig met dwingende…” (deed in Dutch)
Other provision: “Voorkeurrecht bij inbreng in geld met uitgifte nieuwe aandelen, eerst aan bestaande aandeelhouders naar evenredigheid bezit” (deed in Dutch)
Other provision: “Dagelijks bestuur, bestuursorgaan” (deed in Dutch)
4 more provisions in the deed, see the deed of 11-06-2024

deed of 11-06-2024