Financials
- Financial year
- 2024
- Turnover
- €29.9m
- Loss
- -€692,280
- Solvency
- 42.3%
Turnover▼ 9.7%
Net result
20182024
AVIS BELGIUM
ActiveSummary
The computed 12-month bankruptcy probability of AVIS BELGIUM is 1.6% (moderate). The 2024 annual accounts show equity of €41.3m and a net result of -€692,280. Equity remains stable across the filed financial years (±0.5% per year). Its solvency ranks better than 56% of 523 sector peers (NACE 77, financial year 2024). The company has been active since 1976 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Renting and leasing of cars and light motor vehicles
NACE 77110
5th largest company by equity in Flemish Brabant, Rental and leasing sector9 sites
Size
€29.9mturnover 2024
- Staff
- 82.7 FTE
- Equity
- €41.3m
- Loss
- -€692,280
Structure
- Parent
- Avis Budget EMEA Ltd
- Alfredo HERNANDEZ PEÑADirector
- Gianluca TESTAManaging director
Auditor: BDO Bedrijfsrevisoren bvAccounts 79 days overdue
Why 55raises riskFigures for financial year 2024 (filed 18-12-2025)Liquidity: current ratio 0.46, cash €394,3321 financial year not filed after the legal deadline; latest accounts 138 days late; 3 of the last 3 latelowers riskFounded in 1976Show the evidence
Checked score
Score 2024
55
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 43% of its sector peers (NACE 77, medium-sized)
Financial strength · tick = 2023
Average
Solvency
67-1
equity 42.3% of total assets
Liquidity
23-1
short-term debt 54.1% · cash 0.4%
Profitability
79-2
return on assets -0.7%
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.4%
12-2024: 0.4%● unchanged vs 11-2024
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025lowest value
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.5%▲ +0.1 percentage points vs 05-2025
07-2025: 0.5%● unchanged vs 06-2025
08-2025: 0.9%▲ +0.4 percentage points vs 07-2025
09-2025: 1.0%▲ +0.1 percentage points vs 08-2025
10-2025: 1.4%▲ +0.4 percentage points vs 09-2025
11-2025: 1.4%● unchanged vs 10-2025
12-2025: 1.8%▲ +0.4 percentage points vs 11-2025highest value
01-2026: 0.6%▼ -1.2 percentage points vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 1.1%▲ +0.5 percentage points vs 07-2026
09-2026: 1.2%▲ +0.1 percentage points vs 08-2026
10-2026: 1.6%▲ +0.4 percentage points vs 09-2026
Credit of up to €2,250,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity insufficient (current ratio 0.46, compared with 0.46 in 2023, below 1; short-term debt: 54.1% and cash: 0.4% of total assets), and 57.7% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 77, medium-sized): better than 65% on solvency, 14% on liquidity, 73% on profitability and 21% on growth.
The bankruptcy probability was computed on 17-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Six signals.
lowers riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 79 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline18-10-2026 today
raises risk · 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 16-12-2025, 138 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
138 days late
2023
62 days late
2022
227 days late
2021
141 days late
2020
30 days late
2019
101 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 117 days after the deadline; the sector median (NACE 77) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (1)
- Resignation: Hans MÜLLER (director)Appointment: Gianluca TESTA (director)
- Annual accounts filedfinancial year 2024 · full…
- Appointment: Hans MÜLLER (managing director)Gazette deed
Key points
- Caution: From profit to loss in 2024after €2.3m in 2023 -€692,280 View
- Caution: Among the weakest 5% on net resultsector median €41,279 · 524 companies -€692,280 View
- Caution: Accounts not fileddeadline was 31-07-2026 79 days late View
- Controlled by Avis Budget EMEA Ltd parent View
- Board changedlatest change 12-02-2026 · 2 in office 1 joined · 1 left View
- Active since 1976founded 05-03-1976 50 years View
By topic
Board & ownership
- Board
- 2 members
- Parent
- Avis Budget EMEA Ltd
- Auditor
- BDO Bedrijfsrevisoren bv
- Alfredo HERNANDEZ PEÑADirector
- Gianluca TESTAManaging director
Network & group
- Connected companies
- 2
Timeline
- Events
- 80
- Since
- 1978
- 31-10-2024Resignations: Paul FORD (director) and Laurent SCULIER…
- 01-10-2024Annual accounts filed
- 18-06-2024Reappointment: BDO Bedrijfsrevisoren BV (statutory auditor)
Company details
- Sites
- 9
- Legal form
- Public limited company
- Activity
- Renting and leasing of cars and light motor…NACE 77110
- Founded
- 05-03-1976
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 1
- Purpose
- “De aankoop, de verhuur en de financiering van materieel, machines, uitrustingen en…” (deed in Dutch)
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check 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
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.