AVICOM
ActiveSummary
The computed 12-month bankruptcy probability of AVICOM is 1.9% (moderate). The 2025 annual accounts show equity of €41,754 and a net result of €18,456. Equity is growing by ~43.6% per year across the filed fiscal years. The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability89▲+30
Solvency62▲+8
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity tight (current ratio 1.5 against 1.23 in 2024; short-term debt: 63.3% and cash: 0.1% of total assets), and 63.3% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
33 d early
2023
55 d late
2022
288 d late
2021
296 d late
2020
661 d late
2019
97 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 195 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€50,692
EBIT margin
14.2%
Net result
€18,456▲ 594%
2024 · €2,660
Working capital
€36,004▲ 171%
2024 · €13,309
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result-€4,201€16,467€6,254▼ 62.0%€14,456▲ 131%€30,256▲ 109%
Net result-€9,440€6,998€3,703▼ 47.1%€2,660▼ 28.2%€18,456▲ 594%
EBIT margin
Equity€9,937▲ 42.4%€16,935▲ 70.4%€20,638▲ 21.9%€23,298▲ 12.9%€41,754▲ 79.2%
Total assets€74,981▲ 173%€119,498▲ 59.4%€98,413▼ 17.6%€81,647▼ 17.0%€113,905▲ 39.5%
Debt€65,044▲ 217%€102,564▲ 57.7%€77,775▼ 24.2%€58,349▼ 25.0%€72,152▲ 23.7%
Working capital€25,162▲ 5,727%€19,941▼ 20.7%€10,743▼ 46.1%€13,309▲ 23.9%€36,004▲ 171%
Staff (FTE)2.11.6▼ 23.8%1▼ 37.5%0.1▼ 90.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 109% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €113,905
Fixed assets
€5,750 ▼ 42.4%
Current assets
€108,155 ▲ 50.9%
Equity and liabilities €113,905
Equity
€41,754 ▲ 79.2%
Debt
€72,152 ▲ 23.7%
Debt's share of the balance-sheet total falls from 71.5% to 63.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€34,496▲
2024 · €20,021
Cash flow
€22,695▲
2024 · €8,225
Current ratio
1.50▲
2024 · 1.23
Debt to equity
1.73▼
2024 · 2.50
ROE
44.2%▲
2024 · 11.4%
ROA
16.2%▲
2024 · 3.3%
Interest coverage
10.70▲
2024 · 4.28
Debt ≤ 1 year
€72,152▲
2024 · €58,349
Income taxes
€11,837▲
2024 · €7,120
Staff costs
€0▼
2024 · €1,228
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.9% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 34,679 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €21,635 | €16,423 | €15,865 | €1,228 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,871 | €2,261 | €3,883 | €5,564 | €4,240 | ▼ 23.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €2,300 | €0 | - | - | - | - |
| Other operating charges640/8 | €6,715 | €725 | €1,144 | €14,474 | €226 | ▼ 98.4% |
| Non-recurring operating charges66A | - | - | €2,194 | - | - | - |
| Gross operating margin9900 | €32,320 | €35,877 | €29,340 | €35,724 | €34,721 | ▼ 2.8% |
| Operating profit (loss)9901 | -€4,201 | €16,467 | €6,254 | €14,456 | €30,256 | ▲ 109% |
| Financial income75/76B | €1,556 | €3,002 | €40 | - | €3,261 | - |
| Recurring financial income75 | €1,556 | €3,002 | €40 | - | €3,261 | - |
| Financial charges65/66B | €826 | €5,475 | €400 | €4,676 | €3,224 | ▼ 31.0% |
| Recurring financial charges65 | €826 | €5,475 | €400 | €4,676 | €3,224 | ▼ 31.0% |
| Profit (loss) for the period before taxes9903 | -€3,472 | €13,994 | €5,894 | €9,780 | €30,293 | ▲ 210% |
| Income taxes67/77 | €5,968 | €6,997 | €2,191 | €7,120 | €11,837 | ▲ 66.3% |
| Profit (loss) for the period9904 | -€9,440 | €6,998 | €3,703 | €2,660 | €18,456 | ▲ 594% |
| Profit (loss) for the period to be appropriated9905 | -€9,440 | €6,998 | €3,703 | €2,660 | €18,456 | ▲ 594% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €74,981 | €119,498 | €98,413 | €81,647 | €113,905 | ▲ 39.5% |
| Fixed assets21/28 | €3,779 | €7,442 | €11,826 | €9,990 | €5,750 | ▼ 42.4% |
| Tangible fixed assets22/27 | €3,779 | €7,442 | €11,826 | €9,990 | €5,750 | ▼ 42.4% |
| Plant, machinery and equipment23 | €2,581 | €1,726 | €2,383 | €1,556 | €739 | ▼ 52.5% |
| Furniture and vehicles24 | €1,198 | €5,716 | €9,443 | €8,434 | €5,011 | ▼ 40.6% |
| Current assets29/58 | €71,202 | €112,056 | €86,587 | €71,657 | €108,155 | ▲ 50.9% |
| Amounts receivable within one year40/41 | €45,504 | €89,462 | €86,228 | €70,360 | €108,089 | ▲ 53.6% |
| Trade receivables40 | €15,366 | €40,410 | €44,620 | €22,695 | €16,642 | ▼ 26.7% |
| Other amounts receivable41 | €30,138 | €49,052 | €41,608 | €47,665 | €91,448 | ▲ 91.9% |
| Cash at bank and in hand54/58 | €102 | €288 | €58 | €703 | €66 | ▼ 90.6% |
| Deferred charges and accrued income490/1 | €25,596 | €22,306 | €302 | €594 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €74,981 | €119,498 | €98,413 | €81,647 | €113,905 | ▲ 39.5% |
| Equity10/15 | €9,937 | €16,935 | €20,638 | €23,298 | €41,754 | ▲ 79.2% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €50 | €50 | €50 | €50 | €18,506 | ▲ 36,911% |
| Non-distributable reserves130/1 | €50 | €50 | €50 | €50 | €50 | = |
| Reserves not available under the articles1311 | €50 | €50 | €50 | €50 | €50 | = |
| Distributable reserves133 | - | - | - | - | €18,456 | - |
| Profit (loss) carried forward14 | -€8,713 | -€1,715 | €1,988 | €4,648 | €4,648 | = |
| Amounts payable17/49 | €65,044 | €102,564 | €77,775 | €58,349 | €72,152 | ▲ 23.7% |
| Amounts payable after more than one year17 | €612 | €0 | - | - | - | - |
| Financial debts170/4 | €612 | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €46,039 | €92,115 | €75,844 | €58,349 | €72,152 | ▲ 23.7% |
| Current portion of amounts payable after more than one year42 | €3,936 | €612 | - | - | - | - |
| Financial debts43 | €264 | €362 | - | - | €291 | - |
| Credit institutions430/8 | €264 | €362 | - | - | €291 | - |
| Trade debts44 | €2,621 | €10,706 | €21,954 | €39,177 | €48,160 | ▲ 22.9% |
| Suppliers440/4 | €2,621 | €10,706 | €21,954 | €39,177 | €48,160 | ▲ 22.9% |
| Advances received on contracts in progress46 | €150 | €22,942 | €896 | - | - | - |
| Taxes, remuneration and social security45 | €20,127 | €36,337 | €30,086 | €18,583 | €23,700 | ▲ 27.5% |
| Taxes450/3 | €14,954 | €22,018 | €26,912 | €18,583 | €23,700 | ▲ 27.5% |
| Remuneration and social security454/9 | €5,173 | €14,319 | €3,173 | - | - | - |
| Other amounts payable47/48 | €18,942 | €21,156 | €22,909 | €589 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | €18,392 | €10,449 | €1,931 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,440 | €6,998 | €3,703 | €2,660 | €18,456 | ▲ 594% |
| + Depreciation and write-downs630 | €5,871 | €2,261 | €3,883 | €5,564 | €4,240 | ▼ 23.8% |
| Operating cash flow (approximation) | -€3,568 | €9,259 | €7,586 | €8,225 | €22,695 | ▲ 176% |
| Investment in fixed assets (approximation) | - | -€5,924 | -€8,267 | -€3,728 | €0 | ▲ 100% |
| Change in cash | - | €186 | -€231 | €645 | -€636 | ▼ 199% |
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
Next filing, fiscal year 2026, expected by
2026
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €18,456 ▲594%
Operating result €30,256, net result €18,456, both a record.
2024
29-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
26-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
2023
15-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 288 days late
2022
23-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 296 days late
23-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 661 days late
30-06
Financial
Back to profitnet €6,998
Net result €6,998 after one loss-making year.
2021
30-06
Financial
Weakest financial yearnet -€9,440
Net result drops to -€9,440, the lowest in the series; recovery starts the following year.
2020
07-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 97 days late
2019
04-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
02-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Elsene · 1 establishment unit since 2012
Ground area
700 m²
Building footprint
700 m²
Volume, LiDAR
16,134 m³
Parcel 21807G0120/00L005, Brussels · tallest building 32.2 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
INTERBEHEER
since 20122.248.660.631
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0120/00L005 | Brussels | 700 m² | 1 · 700 m² | 32.2 m · 9 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.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded02-03-2012
Fiscal year end30-06
E-invoicing
Reachable via Peppol
Peppol ID
0208:0844113301
Also
9925:BE0844113301
Registered
30-01-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.