AVIRAMA Equestrian
ActiveSummary
The computed 12-month bankruptcy probability of AVIRAMA Equestrian is 3.8% (moderate). The 2025 annual accounts show negative equity (€-513k) and a net result of €-349k. Its solvency ranks better than 5% of 3121 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2025
25
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32
Track record74
Bankruptcy probability, 12 months
3.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 19.04; short-term debt: 5.2% and cash: 1.8% of total assets), but equity is negative.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-129%
Return on assets
-87.7%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year €-513k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
31 d late
2024
57 d early
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Checked, nothing found (1)
neutral · 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-513k▼ 212%
2024 · €-164k
2024: €-164k
2024 → 2025
Total assets
€398k▼ 14.7%
2024 · €467k
2024: €467k
2024 → 2025
Net result
€-349k▼ 112%
2024 · €-164k
2024: €-164k
2024 → 2025
Working capital
€371k▼ 20.4%
2024 · €466k
2024: €466k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€-164k-€-513k▼ 212%
Operating result€-164k-€-349k▼ 112%
Net result€-164k-€-349k▼ 112%
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 €349k in 2025 against €164k in 2024; the loss grows.
Balance-sheet composition
Assets €398k
Fixed assets
€6k
Current assets
€392k
Key figures and ratios
EBITDA
€-347k▼
2024 · €-164k
Cash flow
€-347k▼
2024 · €-164k
Solvency
-129.0%▼
2024 · -35.2%
Current ratio
19.04
Quick ratio
2.30
Debt to equity
-1.78▲
2024 · -3.84
ROA
-87.7%▼
2024 · -35.2%
Interest coverage
-3641.11▲
2024 · -5010.03
Debt
€912k▲
2024 · €631k
Debt ≤ 1 year
€21k▲
2024 · €271
Debt > 1 year
€891k▲
2024 · €631k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€467k€398k▼
Formation expenses20€706€0▼
Fixed assets21/28-€6k
Tangible fixed assets22/27-€6k
Plant, machinery and equipment23-€4k
Furniture and vehicles24-€2k
Current assets29/58€466k€392k▼
Stocks and contracts in progress3€344k€344k=
Stocks30/36€344k€344k=
Amounts receivable within one year40/41€104k€36k▼
Trade receivables40-€35k
Other amounts receivable41€104k€1k▼
Cash at bank and in hand54/58€10k€7k▼
Deferred charges and accrued income490/1€8k€4k▼
Equity and liabilities
Total equity and liabilities10/49€467k€398k▼
Equity10/15€-164k€-513k▼
Contributions10/11€1€1=
Profit (loss) carried forward14€-164k€-513k▼
Amounts payable17/49€631k€912k▲
Amounts payable after more than one year17€631k€891k▲
Financial debts170/4€631k€891k▲
Amounts payable within one year42/48€271€21k▲
Trade debts44-€19k
Suppliers440/4-€19k
Other amounts payable47/48€271€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€623€2k▲
Other operating charges640/8€387€613▲
Gross operating margin9900€-163k€-347k▼
Operating profit (loss)9901€-164k€-349k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€33€95▲
Recurring financial charges65€33€95▲
Profit (loss) for the period before taxes9903€-164k€-349k▼
Profit (loss) for the period9904€-164k€-349k▼
Profit (loss) for the period to be appropriated9905€-164k€-349k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-164k€-513k▼
Profit (loss) brought forward from the previous period14P-€-164k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
20-06
KBO administration
Address struck
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
SignalNBB filing
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, Brussel
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.
Koloniënstraat 111000 BrusselGround area
3,406 m²
Building footprint
3,354 m²
Volume, LiDAR
88,937 m³
Parcel 21804D1424/00E002, Brussels · tallest building 35.3 m, ±9 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21804D1424/00E002 | Brussels | 3,406 m² | 1 · 3,354 m² | 35.3 m · 9 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector and region
GD SPORTHORSES
BE 0543.591.265
Brussel
MASSINVEST
BE 0775.937.345
Brussel
NWL INVEST
BE 1008.234.430
Brussel
4M CONCEPT
BE 0475.660.680
Incourt
AEQUILIBRIUM ML
BE 0646.972.974
Beersel
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,957 companies in sector 01430 we hold annual accounts for 743. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-03-2024
Fiscal year end31-12
Activities, NACEBEL 2025
01430Raising of horses and other equines
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.