Gross margin from €798,987 to €566,411Result from €426,787 to €149,6741 director appointed, 2 resignations04-08Equity from €853,275 to €1.0mInvestments €665,526Cash from €390,611 to €515,346
Eight of the last ten came late. The 2022 accounts came latest: 71 days after the end of the period.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 4,107 companies had the same profile as AVIETECH GROUP has now. Each dot stands for 11 companies, two years later.
97.9%
were still trading
0.9%
stopped another way
1.0%
went bankrupt
Small
10 to 20 years old
solvency 10 to 30%
a profit under 5% of the balance sheet
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
The companies in ten equal groups, from the lowest to the 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
2.9%
3.1%
10
5.6%
6.1%
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,107 companies, not a prediction for AVIETECH GROUP. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
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Board and ownership
Hidden nameVisible after signing in
Director, Name after signing inVisible after signing in, since 01-10-2024
Name hiddenVisible after signing in 100%score XXVisible after signing inequity €2.4m (2025) · 2025 annual accounts of Name after signing inVisible after signing in
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0899426461
1 director appointed, 2 resignations
Resignations: Name hiddenVisible after signing in and Hidden nameVisible after signing in · Appointment: Name after signing inVisible after signing in · Permanent representative: Name hiddenVisible after signing in · General meeting of 19-03-2025 · Gazette deed
Registered office moved within Ninove
New registered office: Doorn Noordstraat 4, 9400 Ninove · Previous registered office: Langemuren 100 bus 2, 9400 Ninove · Board meeting of 09-11-2023 · Gazette deed
Environmental permit granted
Bouwen of herbouwen, Een grond gebruiken, aanleggen of inrichten · Ninove
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as Name hiddenVisible after signing in GROUP: other maintenance and repair of motor vehicles (NACE 95319). They are comparable in size and age: total assets between €1.2m and €3.9m, founded between 1991 and 2009.
Hidden nameVisible after signing in GROUP files the abbreviated format. That format states no turnover. The gross margin rose from €32,113 in 2009 to €566,411 in 2025.
The balance sheet grew most from 2022 to 2023 through fixed assets, financed with long-term debt.
Name after signing inVisible after signing in holds all the shares.
The company number of Name hiddenVisible after signing in GROUP is 0899.426.461. The VAT number is the same number with BE in front: BE 0899.426.461.
Where is AVIETECH GROUP based?
The registered office is at Doorn Noordstraat 4, 9400 Ninove.Company details
What does AVIETECH GROUP do?
According to the KBO register, the main activity is other maintenance and repair of motor vehicles (NACE 95319).
What is the legal form of AVIETECH GROUP?
Hidden nameVisible after signing in GROUP is a private limited company (BV).
When was AVIETECH GROUP founded?
Name after signing inVisible after signing in GROUP was founded on 23-07-2008.
Is AVIETECH GROUP still active?
Yes, Name hiddenVisible after signing in GROUP is an active enterprise in the KBO register.
How many employees does AVIETECH GROUP have?
Hidden nameVisible after signing in GROUP had an average of 11.6 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
What is the turnover of AVIETECH GROUP?
The turnover in financial year 2025 is ≈ €2.2m. This figure is estimated from the gross margin of €566,411 and 35 comparable companies (NACE 953). It probably lies between €1.6m and €2.9m.
Is AVIETECH GROUP profitable?
In financial year 2025, Name after signing inVisible after signing in GROUP made a profit of €149,674.
Where can I find the annual accounts of AVIETECH GROUP?
Name hiddenVisible after signing in GROUP filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of AVIETECH GROUP due?
Hidden nameVisible after signing in GROUP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline