AVOBEL
ActiveSummary
AVOBEL has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €147,776 and a net result of €13,115. Equity is growing by ~29.1% per year across the filed fiscal years. Its solvency ranks better than 34% of 12819 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-12
Solvency64▼-21
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 1.57 against 2.54 in 2024; short-term debt: 50% and cash: 33.1% of total assets), but 60.9% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
39.1%
Return on assets
3.5%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
on the day
2024
22 d early
2023
4 d early
2022
2 d early
2021
18 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 9 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 27 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€147,776▲ 9.7%
2024 · €134,661
Total assets
€378,372▲ 68.6%
2024 · €224,464
Net result
€13,115▼ 55.0%
2024 · €29,121
Working capital
€106,917▼ 2.7%
2024 · €109,898
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, 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
Line20212022202320242025
Operating result€39,140-€40,618▲ 3.8%€73,262▲ 80.4%€48,118▼ 34.3%€32,075▼ 33.3%
Net result€25,517within the sector's middle half-€25,960within the sector's middle half▲ 1.7%€52,064within the sector's middle half▲ 101%€29,121within the sector's middle half▼ 44.1%€13,115within the sector's middle half▼ 55.0%
Equity€27,517below the sector's middle half-€53,477within the sector's middle half▲ 94.3%€105,540within the sector's middle half▲ 97.4%€134,661within the sector's middle half▲ 27.6%€147,776within the sector's middle half▲ 9.7%
Total assets€99,588below the sector's middle half-€201,295within the sector's middle half▲ 102%€233,116within the sector's middle half▲ 15.8%€224,464within the sector's middle half▼ 3.7%€378,372within the sector's middle half▲ 68.6%
Debt€72,071-€147,818▲ 105%€127,576▼ 13.7%€89,803▼ 29.6%€230,596▲ 157%
Working capital€49,159within the sector's middle half-€37,441within the sector's middle half▼ 23.8%€81,110within the sector's middle half▲ 117%€109,898within the sector's middle half▲ 35.5%€106,917within the sector's middle half▼ 2.7%
Solvency27.6%below the sector's middle half-26.6%below the sector's middle half▼ 1.1pp45.3%within the sector's middle half▲ 18.7pp60.0%within the sector's middle half▲ 14.7pp39.1%within the sector's middle half▼ 20.9pp
Current ratio1.97within the sector's middle half-1.38within the sector's middle half▼ 0.601.87within the sector's middle half▲ 0.492.54within the sector's middle half▲ 0.671.57within the sector's middle half▼ 0.97
Return on assets (ROA)25.6%within the sector's middle half-12.9%within the sector's middle half▼ 12.7pp22.3%within the sector's middle half▲ 9.4pp13.0%within the sector's middle half▼ 9.4pp3.5%below the sector's middle half▼ 9.5pp
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, 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 has fallen two years in a row; 2025 is 33% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €378,372
Fixed assets
€82,305 ▲ 91.1%
Current assets
€296,067 ▲ 63.2%
Equity and liabilities €378,372
Equity
€147,776 ▲ 9.7%
Debt
€230,596 ▲ 157%
Debt's share of the balance-sheet total rises from 40.0% to 60.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€47,844▼
2024 · €63,736
Cash flow
€28,884▼
2024 · €44,739
Debt to equity
1.56▲
2024 · 0.67
ROE
8.9%▼
2024 · 21.6%
Interest coverage
16.03▼
2024 · 19.64
Debt ≤ 1 year
€189,150▲
2024 · €71,492
Debt > 1 year
€41,446▲
2024 · €18,311
Income taxes
€17,535▲
2024 · €15,959
Staff costs
€201,685▲
2024 · €144,027
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,049 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.0%
went bankrupt
3.7%
stopped otherwise
94%
still going
A further 0.5% 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 497,662 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% | 1.7% |
| 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 75% 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 5,049 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €103,610 | €114,227 | €148,050 | €144,027 | €201,685 | ▲ 40.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €4,762 | €14,636 | €15,618 | €15,769 | ▲ 1.0% |
| Other operating charges640/8 | €4,771 | €2,823 | €1,714 | €10,113 | €4,849 | ▼ 52.1% |
| Gross operating margin9900 | €147,521 | €162,430 | €237,662 | €217,876 | €254,378 | ▲ 16.8% |
| Operating profit (loss)9901 | €39,140 | €40,618 | €73,262 | €48,118 | €32,075 | ▼ 33.3% |
| Financial income75/76B | €812 | €666 | €868 | €207 | €1,560 | ▲ 654% |
| Recurring financial income75 | €812 | €666 | €868 | €207 | €1,560 | ▲ 654% |
| Financial charges65/66B | €504 | €1,845 | €3,257 | €3,245 | €2,985 | ▼ 8.0% |
| Recurring financial charges65 | €504 | €1,845 | €3,257 | €3,245 | €2,985 | ▼ 8.0% |
| Profit (loss) for the period before taxes9903 | €39,448 | €39,439 | €70,873 | €45,080 | €30,650 | ▼ 32.0% |
| Income taxes67/77 | €13,931 | €13,479 | €18,809 | €15,959 | €17,535 | ▲ 9.9% |
| Profit (loss) for the period9904 | €25,517 | €25,960 | €52,064 | €29,121 | €13,115 | ▼ 55.0% |
| Profit (loss) for the period to be appropriated9905 | €25,517 | €25,960 | €52,064 | €29,121 | €13,115 | ▼ 55.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €99,588 | €201,295 | €233,116 | €224,464 | €378,372 | ▲ 68.6% |
| Fixed assets21/28 | - | €65,113 | €58,692 | €43,074 | €82,305 | ▲ 91.1% |
| Intangible fixed assets21 | - | - | €4,303 | €3,381 | €2,459 | ▼ 27.3% |
| Tangible fixed assets22/27 | - | €65,113 | €54,389 | €39,693 | €79,846 | ▲ 101% |
| Furniture and vehicles24 | - | €65,113 | €54,389 | €39,693 | €79,846 | ▲ 101% |
| Current assets29/58 | €99,588 | €136,182 | €174,424 | €181,390 | €296,067 | ▲ 63.2% |
| Amounts receivable within one year40/41 | €84,119 | €106,408 | €166,338 | €163,074 | €170,792 | ▲ 4.7% |
| Trade receivables40 | €80,552 | €86,756 | €160,825 | €146,404 | €137,563 | ▼ 6.0% |
| Other amounts receivable41 | €3,567 | €19,652 | €5,513 | €16,670 | €33,229 | ▲ 99.3% |
| Cash at bank and in hand54/58 | €15,469 | €29,774 | €8,086 | €17,712 | €125,275 | ▲ 607% |
| Deferred charges and accrued income490/1 | - | - | - | €604 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €99,588 | €201,295 | €233,116 | €224,464 | €378,372 | ▲ 68.6% |
| Equity10/15 | €27,517 | €53,477 | €105,540 | €134,661 | €147,776 | ▲ 9.7% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Capital10 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Issued capital100 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €25,200 | €25,200 | €75,200 | €104,200 | €117,315 | ▲ 12.6% |
| Non-distributable reserves130/1 | €200 | €200 | €200 | €200 | €200 | = |
| Legal reserve130 | €200 | €200 | €200 | €200 | €200 | = |
| Distributable reserves133 | €25,000 | €25,000 | €75,000 | €104,000 | €117,115 | ▲ 12.6% |
| Profit (loss) carried forward14 | €317 | €26,277 | €28,340 | €28,461 | €28,461 | = |
| Amounts payable17/49 | €72,071 | €147,818 | €127,576 | €89,803 | €230,596 | ▲ 157% |
| Amounts payable after more than one year17 | €21,642 | €49,077 | €34,262 | €18,311 | €41,446 | ▲ 126% |
| Financial debts170/4 | €21,642 | €49,077 | €34,262 | €18,311 | €41,446 | ▲ 126% |
| Amounts payable within one year42/48 | €50,429 | €98,741 | €93,314 | €71,492 | €189,150 | ▲ 165% |
| Current portion of amounts payable after more than one year42 | €6,475 | €17,899 | €18,201 | €18,478 | €24,425 | ▲ 32.2% |
| Trade debts44 | €13,525 | €51,797 | €44,574 | €3,723 | €2,401 | ▼ 35.5% |
| Suppliers440/4 | €13,525 | €51,797 | €44,574 | €3,723 | €2,401 | ▼ 35.5% |
| Taxes, remuneration and social security45 | €30,429 | €29,045 | €30,539 | €49,291 | €86,672 | ▲ 75.8% |
| Taxes450/3 | €19,512 | €13,803 | €12,043 | €24,759 | €41,163 | ▲ 66.3% |
| Remuneration and social security454/9 | €10,917 | €15,242 | €18,496 | €24,532 | €45,509 | ▲ 85.5% |
| Other amounts payable47/48 | - | - | - | - | €75,652 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,517 | €25,960 | €52,064 | €29,121 | €13,115 | ▼ 55.0% |
| + Depreciation and write-downs630 | - | €4,762 | €14,636 | €15,618 | €15,769 | ▲ 1.0% |
| Operating cash flow (approximation) | €25,517 | €30,722 | €66,700 | €44,739 | €28,884 | ▼ 35.4% |
| Investment in fixed assets (approximation) | - | - | -€8,215 | €0 | -€55,000 | - |
| Change in cash | - | €14,305 | -€21,688 | €9,626 | €107,563 | ▲ 1,017% |
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
09-07
State Gazette act
Incorporation · Founder
Name clause · Legal form clause
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €13,115 ▼55%
Net result drops to €13,115, the lowest in the series.
08-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2021net €52,064 ▲101%
Operating result €73,262, net result €52,064, both a record.
30-09
Financial
Equity above €100,000Eq €105,540 ▲97.4%
3 profitable years in a row build equity to €105,540.
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
12-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2020
Ground area
641 m²
Building footprint
657 m²
Volume, LiDAR
11,710 m³
Parcel 21013B0004/00A004, Brussels · tallest building 33.8 m, ±8 floors. Linked by address, not a title deed.
21
companies at this address
See who is registered here
1 establishment unit
AVOBEL
since 20202.307.732.938
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21013B0004/00A004 | Brussels | 641 m² | 1 · 657 m² | 33.8 m · 8 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.
Similar companies · same sector, comparable size
DKM Law
BE 0785.535.593
Vorst · Eq €147,741
WARLAW
BE 0758.416.175
Brussel · Eq €147,723
X-Consulting
BE 0776.871.515
Zaventem · Eq €147,830
Thomas De Bie
BE 0744.761.149
Zwevegem · Eq €147,681
VRL Fiscaal Advocaat
BE 1002.652.871
Leuven · Eq €147,595
Of 22,076 companies in sector 69101 we hold annual accounts for 9,061. 7,538 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
Founded25-09-2020
Fiscal year end30-09
Activities, NACEBEL 2025
69101Activities of lawyers
E-invoicing
Reachable via Peppol
Peppol ID
0208:0754897451
Also
9925:BE0754897451
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.