AVLL
ActiveSummary
The computed 12-month bankruptcy probability of AVLL is 2.4% (moderate). The 2024 annual accounts show equity of €47,370 and a net result of -€8,938. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 66% of 18930 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability8▲+8
Solvency72▼-8
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 2.6 against 1.89 in 2023; short-term debt: 32.5% and cash: 56.9% of total assets), but 52.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% 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
47.5%
Return on assets
-9%
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 -€8,938
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-06-2025, 45 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
45 d early
2023
26 d late
2022
50 d late
2021
74 d late
2020
61 d late
2019
70 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 39 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€47,370▼ 15.9%
2023 · €56,308
Total assets
€99,822▼ 2.4%
2023 · €102,306
Net result
-€8,938▲ 78.4%
2023 · -€41,299
Working capital
€52,013▲ 27.2%
2023 · €40,886
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€2,020▲ 88.7%€12,836€28,215▲ 120%-€36,004-€3,774▲ 89.5%
Net result€7,599€29,486▲ 288%€30,277▲ 2.7%-€41,299-€8,938▲ 78.4%
Equity€37,843▲ 25.1%€67,330▲ 77.9%€97,607▲ 45.0%€56,308▼ 42.3%€47,370▼ 15.9%
Total assets€95,784▲ 2.2%€102,396▲ 6.9%€123,440▲ 20.6%€102,306▼ 17.1%€99,822▼ 2.4%
Debt€57,941▼ 8.7%€35,066▼ 39.5%€25,833▼ 26.3%€45,998▲ 78.1%€52,452▲ 14.0%
Working capital€24,308▲ 143%€56,084▲ 131%€82,187▲ 46.5%€40,886▼ 50.3%€52,013▲ 27.2%
Staff (FTE)4.8▲ 20.0%7.9▲ 64.6%6.6▼ 16.5%6.6=6.2▼ 6.1%
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 €3,774 in 2024 against €36,004 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €99,822
Fixed assets
€15,356 ▼ 0.4%
Current assets
€84,465 ▼ 2.8%
Equity and liabilities €99,822
Equity
€47,370 ▼ 15.9%
Debt
€52,452 ▲ 14.0%
Debt's share of the balance-sheet total rises from 45.0% to 52.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€2,109▲
2023 · -€34,710
Cash flow
-€7,273▲
2023 · -€40,005
Current ratio
2.60▲
2023 · 1.89
Quick ratio
2.12▲
2023 · 1.55
Debt to equity
1.11▲
2023 · 0.82
ROE
-18.9%▲
2023 · -73.3%
ROA
-9.0%▲
2023 · -40.4%
Interest coverage
-0.35▲
2023 · -6.82
Debt ≤ 1 year
€32,452▼
2023 · €45,998
Debt > 1 year
€20,000
Income taxes
-€874▼
2023 · €213
Staff costs
€104,251▲
2023 · €68,951
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,916 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
1.1%
went bankrupt
7.8%
stopped otherwise
91%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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 6,916 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 | - | - | €420 | - | - | - |
| Remuneration, social security and pensions62 | - | €72,452 | €75,227 | €68,951 | €104,251 | ▲ 51.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,706 | €5,533 | €3,065 | €1,294 | €1,665 | ▲ 28.6% |
| Other operating charges640/8 | - | €2,219 | €1,998 | €2,501 | €2,146 | ▼ 14.2% |
| Non-recurring operating charges66A | - | - | - | €13,848 | - | - |
| Gross operating margin9900 | €69,418 | €93,040 | €108,505 | €50,590 | €104,288 | ▲ 106% |
| Operating profit (loss)9901 | -€2,020 | €12,836 | €28,215 | -€36,004 | -€3,774 | ▲ 89.5% |
| Financial income75/76B | - | €20,244 | - | €8 | €24 | ▲ 209% |
| Recurring financial income75 | €13,209 | €20,244 | - | €8 | €24 | ▲ 209% |
| Financial charges65/66B | - | €2,093 | -€2,062 | €5,090 | €6,062 | ▲ 19.1% |
| Recurring financial charges65 | €1,813 | €2,093 | -€2,062 | €5,090 | €6,062 | ▲ 19.1% |
| Profit (loss) for the period before taxes9903 | €9,376 | €30,986 | €30,277 | -€41,086 | -€9,812 | ▲ 76.1% |
| Income taxes67/77 | €1,776 | €1,500 | - | €213 | -€874 | ▼ 510% |
| Profit (loss) for the period9904 | €7,599 | €29,486 | €30,277 | -€41,299 | -€8,938 | ▲ 78.4% |
| Profit (loss) for the period to be appropriated9905 | €7,599 | €29,486 | €30,277 | -€41,299 | -€8,938 | ▲ 78.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €95,784 | €102,396 | €123,440 | €102,306 | €99,822 | ▼ 2.4% |
| Formation expenses20 | €113 | - | - | - | - | - |
| Fixed assets21/28 | €13,422 | €11,246 | €15,420 | €15,421 | €15,356 | ▼ 0.4% |
| Intangible fixed assets21 | €1,318 | - | - | - | - | - |
| Tangible fixed assets22/27 | €5,798 | €4,940 | €9,114 | €9,115 | €9,050 | ▼ 0.7% |
| Plant, machinery and equipment23 | - | €979 | €2,196 | €2,196 | €2,196 | = |
| Furniture and vehicles24 | - | €2,707 | €3,946 | €4,293 | €4,574 | ▲ 6.5% |
| Other tangible fixed assets26 | - | €1,254 | €2,972 | €2,626 | €2,280 | ▼ 13.2% |
| Financial fixed assets28 | €6,306 | €6,306 | €6,306 | €6,306 | €6,306 | = |
| Current assets29/58 | €82,248 | €91,150 | €108,019 | €86,884 | €84,465 | ▼ 2.8% |
| Stocks and contracts in progress3 | €15,560 | €15,348 | €15,135 | €15,548 | €15,548 | = |
| Stocks30/36 | - | €15,348 | €15,135 | €15,548 | €15,548 | = |
| Amounts receivable within one year40/41 | €25,896 | €4,740 | €22,945 | €10,069 | €9,513 | ▼ 5.5% |
| Other amounts receivable41 | - | €4,740 | €22,945 | €10,069 | €9,513 | ▼ 5.5% |
| Cash at bank and in hand54/58 | €40,768 | €67,531 | €69,939 | €61,267 | €56,801 | ▼ 7.3% |
| Deferred charges and accrued income490/1 | - | €3,531 | - | - | €2,603 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €95,784 | €102,396 | €123,440 | €102,306 | €99,822 | ▼ 2.4% |
| Equity10/15 | €37,843 | €67,330 | €97,607 | €56,308 | €47,370 | ▼ 15.9% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €17,383 | €46,870 | €77,147 | €35,848 | €26,910 | ▼ 24.9% |
| Amounts payable17/49 | €57,941 | €35,066 | €25,833 | €45,998 | €52,452 | ▲ 14.0% |
| Amounts payable after more than one year17 | - | - | - | - | €20,000 | - |
| Financial debts170/4 | - | - | - | - | €20,000 | - |
| Amounts payable within one year42/48 | €57,941 | €35,066 | €25,833 | €45,998 | €32,452 | ▼ 29.4% |
| Current portion of amounts payable after more than one year42 | - | €500 | - | - | €819 | - |
| Trade debts44 | €28,324 | €17,498 | €9,974 | €26,839 | €17,996 | ▼ 32.9% |
| Suppliers440/4 | - | €17,498 | €9,974 | €26,839 | €17,996 | ▼ 32.9% |
| Taxes, remuneration and social security45 | - | €17,068 | €15,859 | €19,159 | €13,637 | ▼ 28.8% |
| Taxes450/3 | - | €11,632 | €11,420 | €14,933 | €2,278 | ▼ 84.7% |
| Remuneration and social security454/9 | - | €5,437 | €4,439 | €4,226 | €11,360 | ▲ 169% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,599 | €29,486 | €30,277 | -€41,299 | -€8,938 | ▲ 78.4% |
| + Depreciation and write-downs630 | €6,706 | €5,533 | €3,065 | €1,294 | €1,665 | ▲ 28.6% |
| Operating cash flow (approximation) | €14,305 | €35,020 | €33,342 | -€40,005 | -€7,273 | ▲ 81.8% |
| Investment in fixed assets (approximation) | - | -€3,357 | -€7,239 | -€1,295 | -€1,600 | ▼ 23.6% |
| Change in cash | - | €26,763 | €2,408 | -€8,671 | -€4,466 | ▲ 48.5% |
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
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Weakest financial yearnet -€41,299
Net result drops to -€41,299, the lowest in the series; recovery starts the following year.
19-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 50 days late
2022
31-12
Financial
Highest result since 2018net €30,277 ▲2.7%
Operating result €28,215, net result €30,277, both a record.
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 74 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Back to profitnet €7,599
Net result €7,599 after one loss-making year.
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
12-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 43 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are 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, Herk-de-Stad · 1 establishment unit since 2016
Ground area
772 m²
Building footprint
126 m²
Volume, LiDAR
679 m³
Parcel 71024C0091/00R000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Brasserie Olmenhof
since 20162.253.519.341
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71024C0091/00R000 | Flanders | 772 m² | 1 · 126 m² | 7.7 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHerk-de-Stad2.253.519.341
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Of 21,859 companies in sector 56112 we hold annual accounts for 9,779. 8,425 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
Founded10-05-2016
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0653881651
Also
9925:BE0653881651
Registered
25-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.