AVIADOR
ActiveAVIADOR has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €310k and a net result of €44k. Equity is growing by ~26.5% per year across the filed fiscal years. Its solvency ranks better than 76% of 11195 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
93
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-29
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 3.62 against 3.25 in 2024), and 26.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
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
73.7%
Return on assets
10.4%
Age of the figures
17 mo
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 11-11-2025, 11 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 · 10 filingsDeviation from the deadline
2025
11 d late
2024
13 d late
2023
8 d late
2022
3 d early
2021
5 d early
2020
10 d late
2019
16 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close14-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€310k▲ 16.1%
2024 · €267k
2019: €87k
2020: €97k
2021: €139k
2022: €159k
2023: €202k
2024: €267k
2019 → 2025
Total assets
€421k▲ 19.2%
2024 · €353k
2019: €232k
2020: €206k
2021: €233k
2022: €253k
2023: €312k
2024: €353k
2019 → 2025
Net result
€44k▼ 44.3%
2024 · €79k
2019: €10k
2020: €10k
2021: €51k
2022: €22k
2023: €45k
2024: €79k
2019 → 2025
Working capital
€260k▲ 38.5%
2024 · €187k
2019: €62k
2020: €77k
2021: €118k
2022: €137k
2023: €140k
2024: €187k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€139k-€159k▲ 14.1%€202k▲ 27.7%€267k▲ 32.0%€310k▲ 16.1%
Operating result€69k-€32k▼ 54.3%€63k▲ 98.1%€113k▲ 80.7%€63k▼ 44.3%
Net result€51k-€22k▼ 56.9%€45k▲ 105%€79k▲ 75.7%€44k▼ 44.3%
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 2025; 2025 is 44% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €421k
Fixed assets
€62k▼ 24.4%
Current assets
€359k▲ 32.5%
Equity and liabilities €421k
Equity
€310k▲ 16.1%
Debt
€111k▲ 29.1%
The debt ratio rises from 24.3% to 26.3%: debt grows faster than equity.
Key figures and ratios
EBITDA
€90k▼
2024 · €133k
Cash flow
€70k▼
2024 · €99k
Solvency
73.7%▼
2024 · 75.7%
Current ratio
3.62▲
2024 · 3.25
Quick ratio
3.62▲
2024 · 3.25
Debt / equity
0.36▲
2024 · 0.32
ROE
14.1%▼
2024 · 29.4%
ROA
10.4%▼
2024 · 22.3%
Interest coverage
539.31▲
2024 · 518.05
Debt
€111k▲
2024 · €86k
Debt ≤ 1 year
€99k▲
2024 · €83k
Income taxes
€20k▼
2024 · €35k
Staff costs
€45k▲
2024 · €40k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€353k€421k▲
Fixed assets21/28€82k€62k▼
Intangible fixed assets21€6k€3k▼
Tangible fixed assets22/27€77k€59k▼
Plant, machinery and equipment23€4k€7k▲
Furniture and vehicles24€73k€52k▼
Other tangible fixed assets26€53-
Financial fixed assets28€50€50=
Current assets29/58€271k€359k▲
Amounts receivable within one year40/41€86k€148k▲
Trade receivables40€77k€113k▲
Other amounts receivable41€9k€35k▲
Current investments50/53-€60k
Cash at bank and in hand54/58€143k€115k▼
Deferred charges and accrued income490/1€41k€36k▼
Equity and liabilities
Total equity and liabilities10/49€353k€421k▲
Equity10/15€267k€310k▲
Contributions10/11€19k€19k=
Reserves13€249k€292k▲
Distributable reserves133€249k€292k▲
Amounts payable17/49€86k€111k▲
Amounts payable within one year42/48€83k€99k▲
Trade debts44€57k€75k▲
Suppliers440/4€57k€75k▲
Taxes, remuneration and social security45€8k€7k▼
Remuneration and social security454/9€8k€7k▼
Other amounts payable47/48€18k€18k▼
Accrued charges and deferred income492/3€2k€11k▲
Income statement
Code20242025
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€40k€45k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€27k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€5k
Other operating charges640/8€2k€3k▲
Gross operating margin9900€175k€143k▼
Operating profit (loss)9901€113k€63k▼
Financial income75/76B€219€1k▲
Recurring financial income75€219€1k▲
Financial charges65/66B€257€166▼
Recurring financial charges65€257€166▼
Profit (loss) for the period before taxes9903€113k€64k▼
Income taxes67/77€35k€20k▼
Profit (loss) for the period9904€79k€44k▼
Profit (loss) for the period to be appropriated9905€79k€44k▼
Appropriation of the result
Profit (loss) to be appropriated9906€79k€44k▼
Transfer from equity791/2€14k-
Transfer to equity691/2€79k€43k▼
To other reserves6921€79k€43k▼
Profit to be distributed694/7€14k€859▼
Return on contributions (dividend)694€14k€859▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
11-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2024
13-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
31-03
Financial
Highest result since 2019net €79k ▲75.7%
Operating result €113k, net result €79k, both a record.
2023
08-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
31-03
Financial
Equity above €200kEq €202k ▲27.7%
5 profitable years in a row build equity to €202k.
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Equity above €150kEq €159k ▲14.1%
4 profitable years in a row build equity to €159k.
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Equity above €100kEq €139k ▲43.4%
3 profitable years in a row build equity to €139k.
2020
10-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2019
15-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
13-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
20-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Boechout · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Appelkantstraat 432530 BoechoutGround area
538 m²
Building footprint
250 m²
Volume, LiDAR
1,275 m³
Parcel 11004D0256/00R000, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AVIADOR
since 20042.137.001.555
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11004D0256/00R000 | Flanders | 538 m² | 1 · 250 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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DE CLERCQ PAUL
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CAP2
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VANSTALLEN DECOR
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Of 7,814 companies in sector 43341 we hold annual accounts for 2,639. 1,789 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-04-2004
Fiscal year end31-03
Activities, NACEBEL
43341Painting of buildings
46831Wholesale of construction materials, general range
51532
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:KOENSTOOP@PANDORA.BE