AVIAREPS
ActiveAVIAREPS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €184k and a net result of €363k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 8578 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
73
/ 100
Healthy▼ -13 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency28▼-21
Growth58▼-20
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity tight (current ratio 1.21 against 1.39 in 2024), and 82% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 52
Relative position
BE, all sectors
reference
Sector 52
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
18%
Return on assets
35.4%
Age of the figures
17 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 8578 sector peers (2025).
NBB · sector comparisonPosition among 8578 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 14-11-2025, 14 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
14 d late
2024
15 d late
2023
41 d late
2022
41 d early
2021
15 d late
2020
3 d early
2019
on the day
← 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 close12-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€184k▼ 43.9%
2024 · €329k
2019: €212k
2020: €135k
2021: €-201k
2022: €-157k
2023: €84k
2024: €329k
2019 → 2025
Total assets
€1.03M▼ 17.5%
2024 · €1.25M
2019: €1.34M
2020: €1.09M
2021: €641k
2022: €600k
2023: €800k
2024: €1.25M
2019 → 2025
Net result
€363k▲ 48.1%
2024 · €245k
2019: €157k
2020: €23k
2021: €-336k
2022: €44k
2023: €241k
2024: €245k
2019 → 2025
Working capital
€179k▼ 48.0%
2024 · €344k
2019: €145k
2020: €75k
2021: €-260k
2022: €-132k
2023: €111k
2024: €344k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-201k-€-157k▲ 21.8%€84k€329k▲ 294%€184k▼ 43.9%
Operating result€-328k-€59k€262k▲ 345%€308k▲ 17.6%€524k▲ 70.4%
Net result€-336k-€44k€241k▲ 448%€245k▲ 1.9%€363k▲ 48.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 70% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.03M
Fixed assets
€17k▼ 2.5%
Current assets
€1.01M▼ 17.7%
Equity and liabilities €1.03M
Equity
€184k▼ 43.9%
Debt
€843k▼ 8.0%
The debt ratio rises from 73.6% to 82.0%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€524k▲
2024 · €309k
Cash flow
€364k▲
2024 · €247k
Solvency
18.0%▼
2024 · 26.4%
Current ratio
1.21▼
2024 · 1.39
Quick ratio
1.21▼
2024 · 1.39
Debt / equity
4.57▲
2024 · 2.79
ROE
196.9%▲
2024 · 74.6%
ROA
35.4%▲
2024 · 19.7%
Interest coverage
27.56▲
2024 · 14.43
Debt
€843k▼
2024 · €917k
Debt ≤ 1 year
€832k▼
2024 · €884k
Income taxes
€142k▲
2024 · €41k
Staff costs
€496k▼
2024 · €498k
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€1.25M€1.03M▼
Fixed assets21/28€18k€17k▼
Tangible fixed assets22/27€1k€761▼
Plant, machinery and equipment23€1k€761▼
Financial fixed assets28€16k€16k=
Current assets29/58€1.23M€1.01M▼
Amounts receivable within one year40/41€413k€257k▼
Trade receivables40€379k€227k▼
Other amounts receivable41€34k€30k▼
Cash at bank and in hand54/58€803k€733k▼
Deferred charges and accrued income490/1€12k€20k▲
Equity and liabilities
Total equity and liabilities10/49€1.25M€1.03M▼
Equity10/15€329k€184k▼
Contributions10/11€50k€50k=
Reserves13€5k€5k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€5k€5k=
Profit (loss) carried forward14€274k€129k▼
Amounts payable17/49€917k€843k▼
Amounts payable within one year42/48€884k€832k▼
Financial debts43€0-
Other loans439€0-
Trade debts44€717k€592k▼
Suppliers440/4€717k€592k▼
Advances received on contracts in progress46€12k€12k▼
Taxes, remuneration and social security45€155k€228k▲
Taxes450/3€41k€97k▲
Remuneration and social security454/9€114k€131k▲
Accrued charges and deferred income492/3€32k€11k▼
Income statement
Code20242025
Remuneration, social security and pensions62€498k€496k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€441▼
Other operating charges640/8€307k€26k▼
Gross operating margin9900€1.11M€1.05M▼
Operating profit (loss)9901€308k€524k▲
Financial income75/76B-€59
Recurring financial income75-€59
Financial charges65/66B€21k€19k▼
Recurring financial charges65€21k€19k▼
Profit (loss) for the period before taxes9903€286k€505k▲
Income taxes67/77€41k€142k▲
Profit (loss) for the period9904€245k€363k▲
Profit (loss) for the period to be appropriated9905€245k€363k▲
Appropriation of the result
Profit (loss) to be appropriated9906€274k€637k▲
Profit (loss) brought forward from the previous period14P€29k€274k▲
Profit to be distributed694/7-€508k
Return on contributions (dividend)694-€508k
Social balance
Average headcount (FTE)90875.05.0=
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
14-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 14 days late
31-03
Financial
Highest result since 2019net €363k ▲48.1%
Operating result €524k, net result €363k, both a record.
2024
15-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 15 days late
31-03
Financial
Equity above €200kEq €329k ▲294%
3 profitable years in a row build equity to €329k.
2023
11-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 41 days late
2022
20-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Back to profitnet €44k
Net result €44k after one loss-making year.
2021
15-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 15 days late
31-03
Financial
Weakest financial yearnet €-336k ▼1561%
Net result drops to €-336k, the lowest in the series; recovery starts the following year.
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2017
24-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
07-10
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
7 acts for this company are 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, Machelen (Brab.) · 1 establishment unit since 2006
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.
Culliganlaan 51831 Machelen (Brab.)Ground area
8,200 m²
Building footprint
1,369 m²
Parcel 23015B0170/00S002, Flanders. Linked by address, not a title deed.
1 establishment unit
Aviareps
since 20062.155.393.052
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23015B0170/00S002 | Flanders | 8,200 m² | 1 · 1,369 m² | - |
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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DEWOFIRE
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Of 527 companies in sector 52230 we hold annual accounts for 278. 206 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-04-2006
Fiscal year end31-03
Activities, NACEBEL
52230Warehousing and support activities for transportation
70200Business and other management consultancy
70220Business consulting
74142
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
74141
74855
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.