Equity
€25,272 ▲ 70.0%
AVKO has made a profit without a break since 2022.
AVKO
Lifetime
5 annual accounts with figures on one time axispeak €11,942 (2024)
€11,942▲ 213%
peak €10,404 (2024)
€10,404▲ 190%
peak €25,272 (2024)
€25,272▲ 70.0%
€12,875▲ 228%
Board2 names since 2019
1 directorKOCA Erdal
Documentsfilings and deeds
10-10-202571 days late
2024micro format
Gross margin from €3,813 to €11,942Result from €3,593 to €10,404Equity from €14,868 to €25,272Debts from €3,925 to €12,875Cash from €10,646 to €4,532
Key points
from the 2024 annual accountsTurnover
≈ €130,000 estimated
The micro format states no turnover.
Liquidity
2.93 was 4.62 in 2023
Short-term debts rose from €3,925 to €12,875.
Filings
5 annual accounts 102 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Starting capital
€4,000 4,000 shares
Position in the sector
66.2%
Higher solvency than 81% of companies in food and beverage service. Sector median 29.2% · 18,732 companies.
Checked score
36
Weak
Financially stronger than 78% of micro companies in food and beverage service (NACE 56)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
10.0% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.6%▼ -0.1 percentage points vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025lowest value
04-2025: 0.7%▲ +0.1 percentage points vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.7%● unchanged vs 05-2025
07-2025: 0.8%▲ +0.1 percentage points vs 06-2025
08-2025: 1.1%▲ +0.3 percentage points vs 07-2025
09-2025: 1.3%▲ +0.2 percentage points vs 08-2025
10-2025: 1.8%▲ +0.5 percentage points vs 09-2025
11-2025: 3.6%▲ +1.8 percentage points vs 10-2025
12-2025: 3.7%▲ +0.1 percentage points vs 11-2025
01-2026: 3.7%● unchanged vs 12-2025
02-2026: 3.0%▼ -0.7 percentage points vs 01-2026
03-2026: 3.2%▲ +0.2 percentage points vs 02-2026
04-2026: 3.2%● unchanged vs 03-2026
05-2026: 3.2%● unchanged vs 04-2026
06-2026: 3.1%▼ -0.1 percentage points vs 05-2026
07-2026: 3.3%▲ +0.2 percentage points vs 06-2026
08-2026: 5.8%▲ +2.5 percentage points vs 07-2026
09-2026: 6.4%▲ +0.6 percentage points vs 08-2026
10-2026: 10.0%▲ +3.6 percentage points vs 09-2026highest value
11-2026: 10.0%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Figures for financial year 2024 (filed on 10-10-2025)
1 change of registered office in 24 months
1 financial year not filed after the legal deadline; last filed accounts filed 71 days late; 1 of the last 3 accounts late
Size: total assets €38,147
Calculation
The band follows from the bankruptcy probability. 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 56, micro). It does better than 81% of them on solvency, 51% on liquidity, 93% on profitability and 85% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as AVKO has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of AVKO itself is higher: 10.0% within 12 months. It rests on far more data about AVKO than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for AVKO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is ample, with a current ratio of 2.93 (4.62 in 2023), above the usual 1.5. Short-term debt is 33.8% and cash 11.9% of total assets. 33.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises 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, 102 days later.
NBB · 5 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline10-11-2026 today
raises risk · 2024 accounts filed 71 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filingsDeviation from the deadline
2025
not filed
2024
71 days late
2023
3 days early
2022
17 days late
2021
3 days early
2020
20 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 20 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered office moved within Brussels
New registered office: Quai des Usines n°160 à 1000 Bruxelles · Previous registered office: Rue du Méridien 61- 1210 Bruxelles · General meeting of 30-06-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0737645903
Resignation: Erdal KOCA (director)
Transfer of shares from Erdal KOCA to Yunus YILDIRIM · Appointment: Yunus YILDIRIM (director) · Yunus YILDIRIM holds 100 shares · General meeting of 14-05-2025 · Gazette deed
Registered-office move
General meeting of 14-03-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| AVKO Brussels | €38,147 | €11,942 | 66.2% | - |
| DXS FOOD Anderlecht | €37,455 | €11,559 | 75.8% | - |
| JELASS Uccle | €38,324 | €15,003 | -1491.5% | - |
| IZZO Avelgem | €39,414 | €10,239 | 76.1% | - |
| MTP TRANS Brussels | €39,424 | €18,302 | 31.1% | - |
| ADK TRADING Brussels | €30,528 | €11,677 | 84.7% | - |
| LIMOR GROUP Saint-Josse-ten-Noode | €43,707 | €9,428 | 92.0% | - |
These companies have the same main activity as AVKO: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €30,500 and €43,700, founded between 2017 and 2020.
Official details
Source: KBO- Status
- Active since 13-11-2019Normal situation
- Registered office
- 43 active companies are registered at this address13 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112and 2 others
- Establishment unit
- 2.295.779.4691210 Saint-Josse-ten-Noode, since 13-11-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 05-01-2026
Insights on AVKO
AVKO files the micro format. That format states no turnover. The gross margin rose from €4,194 in 2020 to €11,942 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about AVKO
- What is the company number of AVKO?
- The company number of AVKO is 0737.645.903. The VAT number is the same number with BE in front: BE 0737.645.903.
- Where is AVKO based?
- The registered office is at Werkhuizenkaai 160, 1000 Brussels.Company details
- What does AVKO do?
- According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
- What is the legal form of AVKO?
- AVKO is a private limited company (BV).
- When was AVKO founded?
- AVKO was founded on 13-11-2019.
- Is AVKO still active?
- Yes, AVKO is an active enterprise in the KBO register.
- What is the turnover of AVKO?
- The turnover in financial year 2024 is ≈ €130,000. This figure is estimated from the gross margin of €11,942 and 133 comparable companies (NACE 56112). It probably lies between €83,000 and €230,000. It is a rough estimate.Financials
- Is AVKO profitable?
- In financial year 2024, AVKO made a profit of €10,404.
- Where can I find the annual accounts of AVKO?
- AVKO filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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