AVIXIA
ActiveSummary
AVIXIA has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.2m and a net result of -€87,098. Equity is shrinking by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 78% of 15862 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability62▼-5
Solvency100=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85,000 at 30 days acceptable
Liquidity short (current ratio 0.69 against 0.64 in 2023; short-term debt: 24.8% and cash: 2.3% of total assets), and 24.8% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
75.2%
Return on assets
-5.4%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€87,098
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-10-2025, 70 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
70 d late
2023
71 d late
2022
31 d late
2021
61 d late
2020
13 d late
2019
129 d 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 63 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€1.2m▼ 6.7%
2023 · €1.3m
Total assets
€1.6m▼ 1.3%
2023 · €1.6m
Net result
-€87,098▼ 220%
2023 · -€27,247
Working capital
-€126,994▼ 5.1%
2023 · -€120,834
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€104,331▲ 28.1%-€76,699▲ 26.5%€67,193-€26,576-€41,355▼ 55.6%
Net result-€104,130below the sector's middle half▲ 28.6%-€77,284below the sector's middle half▲ 25.8%€67,679above the sector's middle half-€27,247below the sector's middle half-€87,098below the sector's middle half▼ 220%
Equity€1.3mabove the sector's middle half▼ 7.2%€1.3mabove the sector's middle half▼ 5.7%€1.3mabove the sector's middle half▲ 5.3%€1.3mabove the sector's middle half▼ 2.0%€1.2mabove the sector's middle half▼ 6.7%
Total assets€1.9mabove the sector's middle half▼ 9.8%€2.1mabove the sector's middle half▲ 13.0%€1.7mabove the sector's middle half▼ 20.1%€1.6mabove the sector's middle half▼ 3.6%€1.6mabove the sector's middle half▼ 1.3%
Debt€546,454▼ 15.6%€869,198▲ 59.1%€371,482▼ 57.3%€337,144▼ 9.2%€403,479▲ 19.7%
Working capital-€337,346▼ 28.5%-€301,573▲ 10.6%-€136,748▲ 54.7%-€120,834▲ 11.6%-€126,994▼ 5.1%
Solvency71.1%above the sector's middle half▲ 2.0pp59.3%within the sector's middle half▼ 11.8pp78.2%above the sector's middle half▲ 18.9pp79.5%above the sector's middle half▲ 1.3pp75.2%above the sector's middle half▼ 4.3pp
Staff (FTE)2.9above the sector's middle half▲ 7.4%23▲ 50.0%3=
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
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 €41,355 in 2024 against €26,576 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.6m
Fixed assets
€1.3m ▼ 5.7%
Current assets
€276,485 ▲ 27.9%
Equity and liabilities €1.6m
Equity
€1.2m ▼ 6.7%
Debt
€403,479 ▲ 19.7%
Debt's share of the balance-sheet total rises from 20.5% to 24.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€68,557▼
2023 · €82,149
Cash flow
€22,814▼
2023 · €81,477
Current ratio
0.69▲
2023 · 0.64
Debt to equity
0.33▲
2023 · 0.26
ROE
-7.1%▼
2023 · -2.1%
ROA
-5.4%▼
2023 · -1.7%
Interest coverage
408.08▼
2023 · 512.28
Debt ≤ 1 year
€403,479▲
2023 · €337,079
Income taxes
€489▼
2023 · €554
Staff costs
€288,676▲
2023 · €279,623
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,304 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,304 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €33,839 | €2,678 | - | - | - |
| Remuneration, social security and pensions62 | - | €253,685 | €200,592 | €279,623 | €288,676 | ▲ 3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €150,181 | €100,043 | €111,871 | €108,724 | €109,912 | ▲ 1.1% |
| Other operating charges640/8 | - | €63,857 | €33,006 | €36,641 | €38,017 | ▲ 3.8% |
| Gross operating margin9900 | €393,596 | €340,886 | €412,662 | €398,414 | €395,250 | ▼ 0.8% |
| Operating profit (loss)9901 | -€104,331 | -€76,699 | €67,193 | -€26,576 | -€41,355 | ▼ 55.6% |
| Financial income75/76B | - | - | €1,106 | €43 | €42 | ▼ 0.7% |
| Recurring financial income75 | €788 | - | €0 | €43 | €42 | ▼ 0.7% |
| Non-recurring financial income76B | - | - | €1,106 | - | - | - |
| Financial charges65/66B | - | €166 | €131 | €160 | €45,297 | ▲ 28,147% |
| Recurring financial charges65 | €179 | €166 | €131 | €160 | €168 | ▲ 4.8% |
| Non-recurring financial charges66B | - | - | - | - | €45,129 | - |
| Profit (loss) for the period before taxes9903 | -€103,722 | -€76,865 | €68,169 | -€26,693 | -€86,609 | ▼ 224% |
| Income taxes67/77 | €408 | €419 | €490 | €554 | €489 | ▼ 11.7% |
| Profit (loss) for the period9904 | -€104,130 | -€77,284 | €67,679 | -€27,247 | -€87,098 | ▼ 220% |
| Profit (loss) for the period to be appropriated9905 | -€104,130 | -€77,284 | €67,679 | -€27,247 | -€87,098 | ▼ 220% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.9m | €2.1m | €1.7m | €1.6m | €1.6m | ▼ 1.3% |
| Fixed assets21/28 | €1.7m | €1.6m | €1.5m | €1.4m | €1.3m | ▼ 5.7% |
| Tangible fixed assets22/27 | €1.2m | €1.1m | €1.0m | €969,741 | €888,737 | ▼ 8.4% |
| Land and buildings22 | - | €1.1m | €920,718 | €894,375 | €802,701 | ▼ 10.3% |
| Plant, machinery and equipment23 | - | €3,656 | €56,878 | €51,084 | €45,291 | ▼ 11.3% |
| Furniture and vehicles24 | - | €46,286 | €35,240 | €24,282 | €40,745 | ▲ 67.8% |
| Financial fixed assets28 | €459,845 | €459,845 | €459,845 | €459,845 | €459,845 | = |
| Current assets29/58 | €209,108 | €565,799 | €234,734 | €216,244 | €276,485 | ▲ 27.9% |
| Amounts receivable within one year40/41 | €81,966 | €402,900 | €114,509 | €143,105 | €238,654 | ▲ 66.8% |
| Trade receivables40 | - | €401,895 | €107,647 | €113,392 | €208,877 | ▲ 84.2% |
| Other amounts receivable41 | - | €1,005 | €6,862 | €29,713 | €29,777 | ▲ 0.2% |
| Cash at bank and in hand54/58 | €124,531 | €161,071 | €119,385 | €72,618 | €37,128 | ▼ 48.9% |
| Deferred charges and accrued income490/1 | - | €1,828 | €840 | €521 | €703 | ▲ 34.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.9m | €2.1m | €1.7m | €1.6m | €1.6m | ▼ 1.3% |
| Equity10/15 | €1.3m | €1.3m | €1.3m | €1.3m | €1.2m | ▼ 6.7% |
| Contributions10/11 | €37,221 | €37,221 | €37,221 | €37,221 | €37,221 | = |
| Capital10 | - | €37,221 | - | - | - | - |
| Issued capital100 | - | €37,221 | - | - | - | - |
| Outside capital11 | - | - | €37,221 | €37,221 | €37,221 | = |
| Other1109/19 | - | - | €37,221 | €37,221 | €37,221 | = |
| Reserves13 | €1.3m | €1.2m | €1.3m | €1.3m | €1.2m | ▼ 6.9% |
| Non-distributable reserves130/1 | - | €3,722 | €3,722 | €3,722 | €3,722 | = |
| Legal reserve130 | - | €3,722 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €3,722 | €3,722 | €3,722 | = |
| Distributable reserves133 | - | €1.2m | €1.3m | €1.3m | €1.2m | ▼ 6.9% |
| Amounts payable17/49 | €546,454 | €869,198 | €371,482 | €337,144 | €403,479 | ▲ 19.7% |
| Amounts payable within one year42/48 | €546,454 | €867,372 | €371,482 | €337,079 | €403,479 | ▲ 19.7% |
| Trade debts44 | €64,808 | €148,651 | €11,425 | €9,911 | €18,128 | ▲ 82.9% |
| Suppliers440/4 | - | €148,651 | €11,425 | €9,911 | €18,128 | ▲ 82.9% |
| Taxes, remuneration and social security45 | - | €53,233 | €69,844 | €56,801 | €55,348 | ▼ 2.6% |
| Taxes450/3 | - | €10,902 | €41,337 | €10,037 | €16,568 | ▲ 65.1% |
| Remuneration and social security454/9 | - | €42,331 | €28,507 | €46,764 | €38,779 | ▼ 17.1% |
| Other amounts payable47/48 | - | €665,487 | €290,213 | €270,366 | €330,003 | ▲ 22.1% |
| Accrued charges and deferred income492/3 | - | €1,826 | - | €66 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€104,130 | -€77,284 | €67,679 | -€27,247 | -€87,098 | ▼ 220% |
| + Depreciation and write-downs630 | €150,181 | €100,043 | €111,871 | €108,724 | €109,912 | ▲ 1.1% |
| Operating cash flow (approximation) | €46,051 | €22,759 | €179,550 | €81,477 | €22,814 | ▼ 72.0% |
| Investment in fixed assets (approximation) | - | €11,188 | -€12,898 | -€65,629 | -€28,908 | ▲ 56.0% |
| Change in cash | - | €36,540 | -€41,687 | -€46,767 | -€35,490 | ▲ 24.1% |
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
2025
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 70 days late
2024
10-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 71 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €67,679
Net result €67,679 after 4 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
07-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 129 days late
2019
31-12
Financial
Weakest financial yearnet -€145,780
Net result drops to -€145,780, the lowest in the series; recovery starts the following year.
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
22-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 144 days late
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, Namur · 1 establishment unit since 1967
Ground area
5,805 m²
Building footprint
204 m²
Volume, LiDAR
1,535 m³
Parcel 92302F0003/00R004, Wallonia · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Chemin des Sauverdias 10, 5000 Namur
since 19672.001.583.815
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92302F0003/00R004 | Wallonia | 5,805 m² | 1 · 204 m² | 10.8 m · 3 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.
Structure & network
Owners and holdings
2 holdingsOwners 0
No owner stated in the accounts, acts or LEI register we read.
Holdings 2
-
26%
-
10%
According to the annual accounts 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.
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Raw Materials
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Of 4,414 companies in sector 46180 we hold annual accounts for 1,887. 853 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
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
68201Renting and operating of own or leased residential real estate, excluding social housing
46389Wholesale of other food products
E-invoicing
Reachable via Peppol
Peppol ID
0208:0401427867
Also
9925:BE0401427867
Registered
28-07-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.