AVIFOR

Active

Public limited companyfounded 200025 yrs activeOude Beersebaan 40, 2300 Turnhout, BelgiumKBO/BCE: BE 0473.696.332

Summary

AVIFOR has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.1m and a net result of -€5,585. Equity remains stable across the filed fiscal years (±0.1% per year). The computed 12-month bankruptcy probability is 0.6% (low).

Risk analysis Watch Report Compare

AVIFORActiveChecked score 58/100

Risk analysis Report Compare

Checked score

Score 2025

58 / 100

Fair

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability37=

Solvency76=

Growth32=

Track record100

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €290,000 at 30 days acceptable

Liquidity short (current ratio 0.0 against 0.0 in 2024; short-term debt: 48.7% and cash: 0.1% of total assets), and 48.7% of the assets are financed with debt.

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Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

No NACE activity registered

No NACE activity is registered in the KBO, which is more common among companies that later fail.

KBO · activities

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

51.3%

Return on assets

-0.1%

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

8 d early

2024

9 d early

2023

2 d early

2022

11 d early

2021

11 d early

2020

17 d early

2019

11 d early

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 7 accounts on average 10 days before 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)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

27-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

AVIFOR was incorporated on 22 December 2000.¹ Total assets went from EUR 9.9 million in 2018 to EUR 9.9 million in 2025.²

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, abbreviated schema

Equity

€5.1m▼ 0.1%

2024 · €5.1m

Total assets

€9.9m▲ 0.1%

2024 · €9.9m

Net result

-€5,585▲ 10.8%

2024 · -€6,260

Working capital

-€4.8m▼ 0.1%

2024 · -€4.8m

Trend over the years

Chart Table

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before

favourable unfavourable

Line20212022202320242025

Operating result€19,654▼ 5.1%€17,735▼ 9.8%€15,958▼ 10.0%€17,751▲ 11.2%€18,447▲ 3.9%

Net result-€4,296▼ 36.1%-€6,121▼ 42.5%-€7,979▼ 30.4%-€6,260▲ 21.5%-€5,585▲ 10.8%

Equity€5.1m▼ 0.1%€5.1m▼ 0.1%€5.1m▼ 0.2%€5.1m▼ 0.1%€5.1m▼ 0.1%

Total assets€9.8m=€9.8m=€9.9m=€9.9m=€9.9m▲ 0.1%

Debt€4.8m▲ 0.1%€4.8m▲ 0.1%€4.8m▲ 0.2%€4.8m▲ 0.2%€4.8m▲ 0.2%

Working capital-€4.8m▼ 0.1%-€4.8m▼ 0.1%-€4.8m▼ 0.2%-€4.8m▼ 0.1%-€4.8m▼ 0.1%

Turnover and EBIT margin not published: the abbreviated or 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 4% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €9.9m

99.9%

Fixed assets €9.8m =

Current assets €11,224 ▲ 97.7%

Equity and liabilities €9.9m

51.3%

48.7%

Equity €5.1m ▼ 0.1%

Debt €4.8m ▲ 0.2%

Debt's share of the balance-sheet total rises from 48.7% to 48.7%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

Current ratio

0.00▲

2024 · 0.00

Debt to equity

0.95▲

2024 · 0.95

ROE

-0.1%▲

2024 · -0.1%

ROA

-0.1%▲

2024 · -0.1%

Debt ≤ 1 year

€4.8m▲

2024 · €4.8m

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines

Balance sheet Code20242025

Assets

Total assets20/58€9.9m€9.9m▲

Fixed assets21/28€9.8m€9.8m=

Financial fixed assets28€9.8m€9.8m=

Current assets29/58€5,676€11,224▲

Amounts receivable within one year40/41-€31

Other amounts receivable41-€31

Cash at bank and in hand54/58€5,676€11,193▲

Equity and liabilities

Total equity and liabilities10/49€9.9m€9.9m▲

Equity10/15€5.1m€5.1m▼

Contributions10/11€5.3m€5.3m=

Capital10€5.3m€5.3m=

Issued capital100€5.3m€5.3m=

Reserves13€1,351€1,351=

Non-distributable reserves130/1€1,351€1,351=

Legal reserve130€1,351€1,351=

Profit (loss) carried forward14-€200,160-€205,745▼

Amounts payable17/49€4.8m€4.8m▲

Amounts payable within one year42/48€4.8m€4.8m▲

Trade debts44€937-

Suppliers440/4€937-

Taxes, remuneration and social security45€3,824€7,608▲

Taxes450/3€3,824€7,608▲

Other amounts payable47/48€4.8m€4.8m▲

Income statement Code20242025

Other operating charges640/8€208€210▲

Gross operating margin9900€17,959€18,657▲

Operating profit (loss)9901€17,751€18,447▲

Financial charges65/66B€24,011€24,032▲

Recurring financial charges65€24,011€24,032▲

Profit (loss) for the period before taxes9903-€6,260-€5,585▲

Profit (loss) for the period9904-€6,260-€5,585▲

Profit (loss) for the period to be appropriated9905-€6,260-€5,585▲

Appropriation of the result

Profit (loss) to be appropriated9906-€200,160-€205,745▼

Profit (loss) brought forward from the previous period14P-€193,900-€200,160▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2021	2022	2023	2024	2025	Change
Other operating charges640/8	€1,059	€1,060	€199	€208	€210	▲ 1.0%
Gross operating margin9900	€20,713	€18,795	€16,157	€17,959	€18,657	▲ 3.9%
Operating profit (loss)9901	€19,654	€17,735	€15,958	€17,751	€18,447	▲ 3.9%
Financial charges65/66B	€23,950	€23,856	€23,937	€24,011	€24,032	▲ 0.1%
Recurring financial charges65	€23,950	€23,856	€23,937	€24,011	€24,032	▲ 0.1%
Profit (loss) for the period before taxes9903	-€4,296	-€6,121	-€7,979	-€6,260	-€5,585	▲ 10.8%
Profit (loss) for the period9904	-€4,296	-€6,121	-€7,979	-€6,260	-€5,585	▲ 10.8%
Profit (loss) for the period to be appropriated9905	-€4,296	-€6,121	-€7,979	-€6,260	-€5,585	▲ 10.8%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€9.8m	€9.8m	€9.9m	€9.9m	€9.9m	▲ 0.1%
Fixed assets21/28	€9.8m	€9.8m	€9.8m	€9.8m	€9.8m	=
Financial fixed assets28	€9.8m	€9.8m	€9.8m	€9.8m	€9.8m	=
Current assets29/58	€324	€700	€3,074	€5,676	€11,224	▲ 97.7%
Amounts receivable within one year40/41	-	-	-	-	€31	-
Other amounts receivable41	-	-	-	-	€31	-
Cash at bank and in hand54/58	€324	€700	€3,074	€5,676	€11,193	▲ 97.2%
Equity and liabilities
Total equity and liabilities10/49	€9.8m	€9.8m	€9.9m	€9.9m	€9.9m	▲ 0.1%
Equity10/15	€5.1m	€5.1m	€5.1m	€5.1m	€5.1m	▼ 0.1%
Contributions10/11	€5.3m	€5.3m	€5.3m	€5.3m	€5.3m	=
Capital10	€5.3m	€5.3m	€5.3m	€5.3m	€5.3m	=
Issued capital100	€5.3m	€5.3m	€5.3m	€5.3m	€5.3m	=
Reserves13	€1,351	€1,351	€1,351	€1,351	€1,351	=
Non-distributable reserves130/1	€1,351	€1,351	€1,351	€1,351	€1,351	=
Legal reserve130	€1,351	€1,351	€1,351	€1,351	€1,351	=
Profit (loss) carried forward14	-€179,800	-€185,921	-€193,900	-€200,160	-€205,745	▼ 2.8%
Amounts payable17/49	€4.8m	€4.8m	€4.8m	€4.8m	€4.8m	▲ 0.2%
Amounts payable within one year42/48	€4.8m	€4.8m	€4.8m	€4.8m	€4.8m	▲ 0.2%
Trade debts44	-	€207	€159	€937	-	-
Suppliers440/4	-	€207	€159	€937	-	-
Taxes, remuneration and social security45	€7,903	€11,814	€3,880	€3,824	€7,608	▲ 99.0%
Taxes450/3	€7,903	€11,814	€3,880	€3,824	€7,608	▲ 99.0%
Other amounts payable47/48	€4.8m	€4.8m	€4.8m	€4.8m	€4.8m	▲ 0.2%

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	-€4,296	-€6,121	-€7,979	-€6,260	-€5,585	▲ 10.8%
Operating cash flow (approximation)	-€4,296	-€6,121	-€7,979	-€6,260	-€5,585	▲ 10.8%
Investment in fixed assets (approximation)	-	€0	€0	€0	€0	-
Change in cash	-	€376	€2,374	€2,602	€5,517	▲ 112%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

All 11Financial 1Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

23-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

22-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

29-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Weakest financial yearnet -€7,979

Net result drops to -€7,979, the lowest in the series; recovery starts the following year.

20-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

20-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

14-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

20-07

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

17-07

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

19-07

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema

2017

22-06

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.

0 of 3 acts read

About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

3 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, Turnhout · 1 establishment unit since 2001

seat establishment The establishment unit on the map

Ground area

1,282 m²

Building footprint

319 m²

Volume, LiDAR

1,615 m³

Parcel 13454P0714/00K002, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.

3 companies at this address See who is registered here

1 establishment unit

Oude Beersebaan 40, 2300 Turnhout

NACE 65231

since 20012.101.186.581

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13454P0714/00K002 ProtectedCultural-historical landscapeFilipkensvijverSource ↗	Flanders	1,282 m²	1 · 319 m²	7.9 m · 2 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.

1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Structure & network

Owners and holdings

2 holdings

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 2

Avimcosubsidiary

Sourceown accounts 2025
Equity €3.2mResult €20,146

99.99%
FORIMCAsubsidiary

Sourceown accounts 2025
Equity €4.5mResult €22,311

98.6%

According to the 2025 annual accounts of AVIFOR and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification

Legal formPublic limited company

Founded22-12-2000

Fiscal year end31-12

E-invoicing

Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Scores and ratios are computed by Checked and are not a credit decision.