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AVIETECH GROUP

Active Private limited companyfounded 2008active for 18 yearsDoorn Noordstraat 4, 9400 NinoveKBO/BCE: BE 0899.426.461 subsidiary of #1 company by total assets in Ninove, Other services sector

Lifetime

17 annual accounts with figures on one time axis
peak €1.4m (2020)
€566,411▼ 29.1%
lowest -€23,598 (2011)
€149,674▼ 64.9%
peak €1.5m (2021)
€1.0m▲ 17.5%
€3.3m▲ 10.9%
peak 12 FTE (2019)
0 FTE 
Board3 names since 2007
1 director
Owners
100%
Documentsfilings and deeds
07-07-202624 days before the deadline
2025abbreviated format
Gross margin from €798,987 to €566,411Result from €426,787 to €149,6741 director appointed, 2 resignations 04-08Equity from €853,275 to €1.0mInvestments €665,526Cash from €390,611 to €515,346

Key points

from the 2025 annual accounts

Equity

€1.0m ▲ 17.5%

GROUP has made a profit without a break since 2014.

Result

€149,674 ▼ 64.9%
€427,0002024€150,0002025

The result fell in 2025: the 2024 profit included a one-off income of €386,703.

Turnover

≈ €2.2m estimated

The abbreviated format states no turnover.

Debts

€3.3m 74% of the balance sheet
Financial debts 87%Suppliers 2%Taxes and wages 0%Other 11%

Of this, €445,099 falls due within a year.

Investments

€977,296 3.9 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Land and buildings stand 15.4% higher than in 2024.

Filings

17 annual accounts since 2009
AprilJune31 JulyOctober2010201520202025

Eight of the last ten came late. The 2022 accounts came latest: 71 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

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

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Signals

Board and ownership

Director, , since 01-10-2024
  • 100%score equity €2.4m (2025) · 2025 annual accounts of
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0899426461
1 director appointed, 2 resignations Resignations: and · Appointment: · Permanent representative: · 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
All 33 events

Comparable companies

same main activity, similar in size and age
Company
AVIETECH GROUP Ninove €4.5m €0.6m 22.3% 0
BACOTTERIE Kortrijk €3.9m €0.3m 72.2% 0.1
CAPSA Oostrozebeke €2.4m €0.5m 63.2% 1
AGIVA TECHNICS Maldegem €2.1m €0.3m 52.0% -
MEYNS Oudenburg €2.2m €0.4m 43.7% 1.4
DESERT FOXX Antwerp €1.2m €0.3m 40.0% 1
MAXI-ECHAP Mons €1.5m €1.1m 11.4% -

These companies have the same main activity as 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.

Official details

Source: KBO
Status
Active since 23-07-2008Normal situation
Activity
Other maintenance and repair of motor vehiclesNACE 95319and 5 others
Establishment unit
2.172.258.4819400 Ninove, since 17-07-2008
Financial year end
31 December
Peppol
Reachable since 27-11-2025
Company details

Annual accounts 2025

€4.5m▲ 13.3%
Filing
Filed on 07-07-2026, 24 days before the end of the filing period
Financials

Insights on AVIETECH GROUP

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.

holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about AVIETECH GROUP

What is the company number of AVIETECH GROUP?
The company number of 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?
GROUP is a private limited company (BV).
When was AVIETECH GROUP founded?
GROUP was founded on 23-07-2008.
Is AVIETECH GROUP still active?
Yes, GROUP is an active enterprise in the KBO register.
How many employees does AVIETECH GROUP have?
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, GROUP made a profit of €149,674.
Where can I find the annual accounts of AVIETECH GROUP?
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?
GROUP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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