Equity
A.V.L.-IMMO paid out €50,000 in dividends. That is 109% of the 2025 profit.
A.V.L.-IMMO paid out €50,000 in dividends. That is 109% of the 2025 profit.
The result fell in 2025 from €114,352 to €45,664.
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 58% of them on solvency, 19% on liquidity, 84% on profitability and 35% on growth.
The bankruptcy probability was computed on 08-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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).
In July 2024, 31,368 companies had the same profile as A.V.L.-IMMO has now. Each dot stands for 79 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of A.V.L.-IMMO itself: 0.6% within 12 months.
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 31,368 companies, not a prediction for A.V.L.-IMMO. 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.
Liquidity is tight, with a current ratio of 1.3 (1.05 in 2024), below the usual 1.5. Short-term debt is 59.7% and cash 3% of total assets. 61.4% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 6 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.
| Company | ||||
|---|---|---|---|---|
| A.V.L.-IMMO Dessel | €208,640 | €91,898 | 38.6% | - |
| MARA Mechelen | €206,881 | €102,908 | 97.5% | - |
| RESTAURANT LA VIGNA Mechelen | €228,133 | €99,841 | 76.3% | - |
| RESTOGREC Leuven | €194,943 | €88,252 | 58.5% | 0.7 |
| DEN ANKER Zele | €196,637 | €92,525 | 86.3% | - |
| Les Capucines Sint-Gillis (bij-Brussel) | €192,176 | €87,074 | 85.0% | - |
| J.M.C. Leuven | €193,055 | €101,381 | 91.3% | - |
These companies have the same main activity as A.V.L.-IMMO: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €192,000 and €228,000, founded between 1988 and 1992.
A.V.L.-IMMO has existed since 1988. In 2022 the gross margin rose from €10,771 to €546,442.
Solvency rose in 2025 from 32.3% to 38.6% because of lower debts.
DOCKX HOLDING holds all the shares. In December 2023, the Official Gazette published the appointment of Dockx, Marc Constant Johan as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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