AVILO CAPITAL

Active

Private limited company (pre-2019)founded 200917 yrs activeLouis Schmidtlaan 24, 1040 Etterbeek, BelgiumKBO/BCE: BE 0811.754.990

AVILO CAPITAL has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €32.27M and a net result of €-327k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 37971 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

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Checked score

Score 2024

60 / 100

Healthy▲ +8 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0=

Solvency100=

Growth52=

Stability100

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €2M at 30 days acceptable

balance sheet total too small for a liquidity verdict, and 0.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

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

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 70

Relative position

BE, all sectors

reference

Sector 70

lower

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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

Annual accounts: healthy financial profile

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

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

99.2%

Return on assets

-1%

Age of the figures

20 mo

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-01-2026, 174 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

174 d late

2023

78 d late

2022

60 d late

2021

26 d late

2020

108 d late

2019

91 d late

← before the deadline after the 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

Financials · fiscal year 2024, micro schema

Equity

€32.27M▼ 1.0%

2023 · €32.59M

2018: €666k 2019: €528k 2020: €607k 2021: €837k 2022: €33.25M 2023: €32.59M

2018 → 2024

Total assets

€32.54M▼ 1.5%

2023 · €33.04M

2018: €2.13M 2019: €2.04M 2020: €1.45M 2021: €900k 2022: €34.16M 2023: €33.04M

2018 → 2024

Net result

€-327k▲ 50.1%

2023 · €-655k

2018: €70k 2019: €-137k 2020: €79k 2021: €230k 2022: €32.41M 2023: €-655k

2018 → 2024

Working capital

€27.65M▼ 12.2%

2023 · €31.48M

2018: €1.06M 2019: €1.10M 2020: €990k 2021: €472k 2022: €32.24M 2023: €31.48M

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€607k-€837k▲ 37.8%€33.25M▲ 3,874%€32.59M▼ 2.0%€32.27M▼ 1.0%

Operating result€56k-€-41k€-775k▼ 1,790%€-311k▲ 59.8%€-680k▼ 119%

Net result€79k-€230k▲ 191%€32.41M▲ 14,022%€-655k€-327k▲ 50.1%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €680k in 2024 against €311k in 2023; the loss grows.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €32.54M

14.2%

85.8%

Fixed assets €4.63M▲ 269%

Current assets €27.91M▼ 12.2%

Equity and liabilities €32.54M

99.2%

Equity €32.27M▼ 1.0%

Debt €272k▼ 39.6%

The debt ratio falls from 1.4% to 0.8%: debt falls faster than equity shrinks.

Key figures and ratios

2024 value · change against 2023

EBITDA

€-653k▼

2023 · €-289k

Cash flow

€-299k▲

2023 · €-633k

Solvency

99.2%▲

2023 · 98.6%

Debt / equity

0.01▼

2023 · 0.01

ROE

-1.0%▲

2023 · -2.0%

ROA

-1.0%▲

2023 · -2.0%

Interest coverage

-1.89▼

2023 · -0.34

Debt

€272k▼

2023 · €450k

Debt ≤ 1 year

€259k▼

2023 · €312k

Income taxes

€124k

Staff costs

€137k▲

2023 · €13k

A ratio outside any meaningful range has been withheld (balance sheet total €32.54M, equity €32.27M).

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€33.04M€32.54M▼

Fixed assets21/28€1.25M€4.63M▲

Tangible fixed assets22/27€223k€218k▼

Furniture and vehicles24€175k€176k▲

Other tangible fixed assets26€47k€42k▼

Financial fixed assets28€1.03M€4.42M▲

Current assets29/58€31.79M€27.91M▼

Amounts receivable after more than one year29€4.00M€10.98M▲

Other amounts receivable291€4.00M€10.98M▲

Amounts receivable within one year40/41€673k€1.73M▲

Trade receivables40€358k€366k▲

Other amounts receivable41€315k€1.36M▲

Current investments50/53€26.95M€14.44M▼

Cash at bank and in hand54/58€170k€568k▲

Deferred charges and accrued income490/1€280€191k▲

Equity and liabilities

Total equity and liabilities10/49€33.04M€32.54M▼

Equity10/15€32.59M€32.27M▼

Contributions10/11€1.05M€1.05M=

Reserves13€17k€17k=

Non-distributable reserves130/1€17k-

Reserves not available under the articles1311€17k-

Distributable reserves133-€17k

Profit (loss) carried forward14€31.53M€31.20M▼

Amounts payable17/49€450k€272k▼

Amounts payable after more than one year17€132k-

Other amounts payable178/9€132k-

Amounts payable within one year42/48€312k€259k▼

Financial debts43€3k-

Credit institutions430/8€3k-

Trade debts44€216k€159k▼

Suppliers440/4€216k€159k▼

Taxes, remuneration and social security45€6k€26k▲

Taxes450/3€1k€2k▲

Remuneration and social security454/9€4k€24k▲

Other amounts payable47/48€88k€75k▼

Accrued charges and deferred income492/3€6k€13k▲

Income statement Code20232024

Remuneration, social security and pensions62€13k€137k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€27k▲

Other operating charges640/8€5k€48k▲

Gross operating margin9900€-271k€-468k▼

Operating profit (loss)9901€-311k€-680k▼

Financial income75/76B€499k€823k▲

Recurring financial income75€499k€823k▲

Financial charges65/66B€843k€345k▼

Recurring financial charges65€843k€345k▼

Profit (loss) for the period before taxes9903€-655k€-202k▲

Income taxes67/77-€124k

Profit (loss) for the period9904€-655k€-327k▲

Profit (loss) for the period to be appropriated9905€-655k€-327k▲

Appropriation of the result

Profit (loss) to be appropriated9906€31.53M€31.20M▼

Profit (loss) brought forward from the previous period14P€32.18M€31.53M▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 18Financial 7Gazette 1Filings 10

2026

20-07

State Gazette act Incorporation · Founder

Founding capital · Corporate purpose

21-01

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 174 days late

2024

17-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 78 days late

2023

31-12

Financial Weakest financial yearnet €-655k ▼102%

Net result drops to €-655k, the lowest in the series; recovery starts the following year.

31-12

Financial Liquidity triplescurrent ratio 101.80

Current ratio from 37.51 to 101.80; short-term debt falls from €883k to €312k.

29-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 60 days late

2022

31-12

Financial Highest result since 2018net €32.41M ▲14022%

Net result €32.41M, the highest in the series.

31-12

Financial Liquidity doublescurrent ratio 37.51

Current ratio from 15.06 to 37.51.

31-12

Financial Equity above €25MEq €33.25M ▲3874%

3 profitable years in a row build equity to €33.25M.

26-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 26 days late

2021

16-11

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 108 days late

2020

31-12

Financial Back to profitnet €79k

Net result €79k after one loss-making year.

31-12

Financial Liquidity times 8current ratio 25.63

Current ratio from 3.16 to 25.63; short-term debt falls from €511k to €40k.

30-10

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 91 days late

2019

25-10

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 86 days late

2018

31-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 31 days late

2017

29-09

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 60 days late

2016

30-09

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 61 days late

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

8 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, Etterbeek · 1 establishment unit since 2009

establishment The establishment unit on the map

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.

Louis Schmidtlaan 241040 Etterbeek

Ground area

8.3 ha

Building footprint

1.3 ha

Volume, LiDAR

186,931 m³

2 parcels, Brussels · tallest building 51.1 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

AVILO CAPITAL

Vorstlaan 25, 1170 Watermaal-BosvoordeActivities of head offices; management consultancy activities

since 20092.178.490.039

2 parcels

Brussels 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21652E0905/00H000 ProtectedMonument · Site or landscapeRoyale BelgeSource ↗	Brussels	8.3 ha	1 · 1.3 ha	51.0 m · 3 fl.
21363B0354/00M005	Brussels	413 m²	1 · 197 m²	31.9 m · 4 fl.