AVISEC
ActiveSummary
AVISEC has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €203k and a net result of €17k. Equity is growing by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 81% of 1424 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▼-7
Solvency96▼-4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 2.53 against 4.55 in 2024; short-term debt: 28.8% and cash: 17.2% of total assets), and 28.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
71.1%
Return on assets
5.8%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
on the day
2023
on the day
2022
on the day
2021
on the day
2020
2 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€17k▼ 51.9%
2024 · €34k
2019: €25k
2020: €66k▲ +166% vs 2019highest in 7 years
2021: €50k▼ -24.5% vs 2020
2022: €29k▼ -42.8% vs 2021
2023: €45k▲ +58.9% vs 2022
2024: €34k▼ -24.1% vs 2023
2025: €17k▼ -51.9% vs 2024lowest in 7 years
2019 → 2025
Working capital
€126k▼ 23.5%
2024 · €164k
2019: €39klowest in 7 years
2020: €79k▲ +102% vs 2019
2021: €99k▲ +25.1% vs 2020
2022: €119k▲ +19.5% vs 2021
2023: €160k▲ +34.6% vs 2022
2024: €164k▲ +2.5% vs 2023highest in 7 years
2025: €126k▼ -23.5% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€173k-€201k▲ 16.5%€243k▲ 20.6%€252k▲ 4.0%€203k▼ 19.6%
2021: €173klowest in 5 years
2022: €201k▲ +16.5% vs 2021
2023: €243k▲ +20.6% vs 2022
2024: €252k▲ +4.0% vs 2023highest in 5 years
2025: €203k▼ -19.6% vs 2024
Operating result€76k-€42k▼ 45.2%€64k▲ 53.6%€47k▼ 26.1%€26k▼ 44.6%
2021: €76khighest in 5 years
2022: €42k▼ -45.2% vs 2021
2023: €64k▲ +53.6% vs 2022
2024: €47k▼ -26.1% vs 2023
2025: €26k▼ -44.6% vs 2024lowest in 5 years
Net result€50k-€29k▼ 42.8%€45k▲ 58.9%€34k▼ 24.1%€17k▼ 51.9%
2021: €50khighest in 5 years
2022: €29k▼ -42.8% vs 2021
2023: €45k▲ +58.9% vs 2022
2024: €34k▼ -24.1% vs 2023
2025: €17k▼ -51.9% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 45% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €285k
Fixed assets
€78k ▼ 14.6%
Current assets
€208k ▼ 1.2%
Equity and liabilities €285k
Equity
€203k ▼ 19.6%
Debt
€82k ▲ 69.3%
Debt's share of the balance-sheet total rises from 16.2% to 28.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€41k▼
2024 · €61k
Cash flow
€31k▼
2024 · €48k
Current ratio
2.53▼
2024 · 4.55
Debt to equity
0.41▲
2024 · 0.19
ROE
8.2%▼
2024 · 13.6%
ROA
5.8%▼
2024 · 11.4%
Interest coverage
37.24▼
2024 · 54.69
Debt ≤ 1 year
€82k▲
2024 · €46k
Income taxes
€12k▼
2024 · €16k
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 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€301k€285k▼
Fixed assets21/28€91k€78k▼
Tangible fixed assets22/27€31k€18k▼
Furniture and vehicles24€31k€18k▼
Financial fixed assets28€60k€60k=
Current assets29/58€210k€208k▼
Amounts receivable after more than one year29€90k€88k▼
Other amounts receivable291€90k€88k▼
Amounts receivable within one year40/41€68k€67k▼
Trade receivables40€34k€17k▼
Other amounts receivable41€35k€49k▲
Cash at bank and in hand54/58€46k€49k▲
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€301k€285k▼
Equity10/15€252k€203k▼
Contributions10/11€6k€6k=
Reserves13€238k€189k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€236k€187k▼
Profit (loss) carried forward14€8k€8k=
Amounts payable17/49€49k€82k▲
Amounts payable after more than one year17€2k-
Financial debts170/4€2k-
Amounts payable within one year42/48€46k€82k▲
Current portion of amounts payable after more than one year42€13k€2k▼
Financial debts43€5k€4k▼
Credit institutions430/8€5k€4k▼
Trade debts44€701€5k▲
Suppliers440/4€701€5k▲
Taxes, remuneration and social security45€3k€5k▲
Taxes450/3€3k€5k▲
Other amounts payable47/48€25k€66k▲
Accrued charges and deferred income492/3€387€400▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€14k▲
Other operating charges640/8€912€1k▲
Gross operating margin9900€62k€42k▼
Operating profit (loss)9901€47k€26k▼
Financial income75/76B€4k€3k▼
Recurring financial income75€4k€3k▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€50k€29k▼
Income taxes67/77€16k€12k▼
Profit (loss) for the period9904€34k€17k▼
Profit (loss) for the period to be appropriated9905€34k€17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€42k€24k▼
Profit (loss) brought forward from the previous period14P€8k€8k=
Transfer from equity791/2€25k€66k▲
Transfer to equity691/2€34k€17k▼
To other reserves6921€34k€17k▼
Profit to be distributed694/7€25k€66k▲
Return on contributions (dividend)694€25k€66k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €4k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17k | €27k | €12k | €13k | €14k | ▲ 8.3% |
| Other operating charges640/8 | - | €2k | €2k | €912 | €1k | ▲ 40.2% |
| Gross operating margin9900 | €94k | €71k | €78k | €62k | €42k | ▼ 31.9% |
| Operating profit (loss)9901 | €76k | €42k | €64k | €47k | €26k | ▼ 44.6% |
| Financial income75/76B | - | €2k | €3k | €4k | €3k | ▼ 10.9% |
| Recurring financial income75 | €1k | €2k | €3k | €4k | €3k | ▼ 10.9% |
| Financial charges65/66B | - | €2k | €3k | €1k | €1k | ▼ 1.6% |
| Recurring financial charges65 | €2k | €2k | €3k | €1k | €1k | ▼ 1.6% |
| Profit (loss) for the period before taxes9903 | €75k | €41k | €64k | €50k | €29k | ▼ 43.0% |
| Income taxes67/77 | €25k | €13k | €19k | €16k | €12k | ▼ 23.3% |
| Profit (loss) for the period9904 | €50k | €29k | €45k | €34k | €17k | ▼ 51.9% |
| Profit (loss) for the period to be appropriated9905 | €62k | €29k | €45k | €34k | €17k | ▼ 51.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €226k | €255k | €285k | €301k | €285k | ▼ 5.2% |
| Fixed assets21/28 | €76k | €110k | €98k | €91k | €78k | ▼ 14.6% |
| Tangible fixed assets22/27 | €17k | €50k | €38k | €31k | €18k | ▼ 42.5% |
| Furniture and vehicles24 | - | €50k | €38k | €31k | €18k | ▼ 42.5% |
| Financial fixed assets28 | €60k | €60k | €60k | €60k | €60k | = |
| Current assets29/58 | €149k | €145k | €187k | €210k | €208k | ▼ 1.2% |
| Amounts receivable after more than one year29 | - | €42k | €92k | €90k | €88k | ▼ 2.5% |
| Other amounts receivable291 | - | €42k | €92k | €90k | €88k | ▼ 2.5% |
| Amounts receivable within one year40/41 | €37k | €62k | €40k | €68k | €67k | ▼ 2.8% |
| Trade receivables40 | - | €27k | €35k | €34k | €17k | ▼ 48.6% |
| Other amounts receivable41 | - | €35k | €5k | €35k | €49k | ▲ 41.4% |
| Cash at bank and in hand54/58 | €65k | €39k | €51k | €46k | €49k | ▲ 6.1% |
| Deferred charges and accrued income490/1 | - | €2k | €4k | €5k | €4k | ▼ 22.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €226k | €255k | €285k | €301k | €285k | ▼ 5.2% |
| Equity10/15 | €173k | €201k | €243k | €252k | €203k | ▼ 19.6% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €159k | €187k | €229k | €238k | €189k | ▼ 20.8% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €185k | €227k | €236k | €187k | ▼ 21.0% |
| Profit (loss) carried forward14 | €8k | €8k | €8k | €8k | €8k | = |
| Amounts payable17/49 | €53k | €54k | €42k | €49k | €82k | ▲ 69.3% |
| Amounts payable after more than one year17 | €3k | €27k | €15k | €2k | - | - |
| Financial debts170/4 | - | €27k | €15k | €2k | - | - |
| Amounts payable within one year42/48 | €50k | €26k | €27k | €46k | €82k | ▲ 77.8% |
| Current portion of amounts payable after more than one year42 | - | €15k | €13k | €13k | €2k | ▼ 83.2% |
| Financial debts43 | - | €5k | €4k | €5k | €4k | ▼ 17.6% |
| Credit institutions430/8 | - | €5k | €4k | €5k | €4k | ▼ 17.6% |
| Trade debts44 | €13k | €1k | €275 | €701 | €5k | ▲ 606% |
| Suppliers440/4 | - | €1k | €275 | €701 | €5k | ▲ 606% |
| Taxes, remuneration and social security45 | - | €5k | €5k | €3k | €5k | ▲ 57.7% |
| Taxes450/3 | - | €5k | €5k | €3k | €5k | ▲ 57.7% |
| Other amounts payable47/48 | - | - | €5k | €25k | €66k | ▲ 166% |
| Accrued charges and deferred income492/3 | - | €348 | €348 | €387 | €400 | ▲ 3.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €50k | €29k | €45k | €34k | €17k | ▼ 51.9% |
| + Depreciation and write-downs630 | €17k | €27k | €12k | €13k | €14k | ▲ 8.3% |
| Operating cash flow (approximation) | €66k | €56k | €58k | €48k | €31k | ▼ 35.1% |
| Investment in fixed assets (approximation) | - | €-61k | €0 | €-6k | €-1k | ▲ 80.9% |
| Change in cash | - | €-25k | €12k | €-5k | €3k | ▲ 161% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
Financial
Weakest financial yearnet €17k ▼51.9%
Net result drops to €17k, the lowest in the series.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Equity above €200kEq €201k ▲16.5%
4 profitable years in a row build equity to €201k.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Highest result since 2019net €66k ▲166%
Operating result €97k, net result €66k, both a record.
30-06
Financial
Liquidity doublescurrent ratio 3.58
Current ratio from 1.64 to 3.58; short-term debt falls from €61k to €31k.
30-06
Financial
Equity above €150kEq €153k ▲31%
2 profitable years in a row build equity to €153k.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2018
14-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
12-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
17-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Ukkel · 1 establishment unit since 2003
Ground area
3,197 m²
Building footprint
2,233 m²
Volume, LiDAR
25,899 m³
2 parcels, Brussels · tallest building 19.1 m, ±4 floors. Linked by address, not a title deed.
56
companies at this address
See who is registered here
1 establishment unit
AVISEC
since 20032.133.385.039
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616G0176/00N002 | Brussels | 2,094 m² | 1 · 2,233 m² | 19.1 m · 4 fl. |
| 21616G0176/00X003 | Brussels | 1,103 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 14,744 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded18-06-2003
Fiscal year end30-06
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
Scores and ratios are computed by Checked and are not a credit decision.