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AVERO HANDLING

Active
Public limited companyfounded 1983active for 43 yearsPosterijlaan 53, 8740 Pittem, BelgiumKBO/BCE: BE 0423.703.126
Summary

AVERO HANDLING has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €108,450. Equity remains stable across the filed financial years (±0.2% per year). Its solvency ranks better than 54% of 580 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Repair and maintenance of machinery
NACE 33120
#9 oldest company in Pittem, Manufacturing sector1 site
Size
€2.6mtotal assets 2025
Equity
€1.1m
Profit
€108,450
Turnover not published (abbreviated or micro format)
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
ARMANG · 100%
Accounts 23 days early0 of 10 deeds read
Why 93raises riskSector: Repair, maintenance and installation of machinery and equipment (NACE 33)lowers riskSize: total assets €2.6mFigures for financial year 2025 (filed 07-04-2026)Founded in 1983Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 43% of its sector peers (NACE 33, small)
Financial strength · tick = 2024
Strong
Solvency 66-11
equity 41.0% of total assets
Liquidity 49-8
short-term debt 32.5% · cash 10.3%
Profitability 74-4
return on assets 4.2%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (195 companies, NACE 33, small)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: < 0.1%▼ -0.1 percentage points vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025lowest value 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%▲ +0.1 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026highest value 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €95,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.64, compared with 1.14 in 2024; short-term debt: 32.5% and cash: 10.3% of total assets), and 59% of the assets are financed with debt.
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 33, small): better than 54% on solvency, 59% on liquidity, 48% on profitability and 11% on growth.

The bankruptcy probability was computed on 10-10-2026 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 riskneutral
lowers risk · Size: total assets €2.6m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)
KBO
lowers risk · Figures for financial year 2025 (filed 07-04-2026)
NBB · annual accounts
lowers risk · Founded in 1983
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 07-04-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 days early
2024
42 days early
2023
8 days early
2022
4 days early
2021
38 days early
2020
30 days early
2019
35 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 26 days before the deadline; the sector median (NACE 33) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 7 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end11-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Key points

  • Positive: Oldest company in Pittem, Manufacturing sectorin the Checked rankings #9 View
  • Caution: Result fell in 2025from €191,541 to €108,450 ▼ 43.4% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by ARMANG 100% View
  • Positive: 7 profitable years in a rowprofit 2025: €108,450 7 years View

By topic

Financials

Financial year
2025
Total assets
€2.6m
Profit
€108,450
Solvency
41.0%
Total assets▼ 0.4%
Net result
20192025
Go to Financials

Timeline

Events
43
Since
1984
Next accounts
by 30-04-2027
  1. 26-04-2023Annual accounts filed
  2. 30-09-2022Highest result from 2019 to 2025
  3. 23-03-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Repair and maintenance of machineryNACE 33120
Founded
07-02-1983
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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