AVOTAX
ActiveSummary
AVOTAX has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €106,967 and a net result of €98,975. Equity is growing by ~22.5% per year across the filed fiscal years. Its solvency ranks better than 19% of 12829 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability90▲+25
Solvency43▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 1.59 against 1.5 in 2024; short-term debt: 12.5% and cash: 9% of total assets), but 81.5% 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 · 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
18.5%
Return on assets
17.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 12829 sector peers (2025).
NBB · sector comparisonPosition among 12829 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-06-2026, 60 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
60 d early
2024
66 d early
2023
65 d early
2022
66 d early
2021
62 d early
2020
60 d early
2019
6 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 53 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 28 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Equity
€106,967▲ 32.8%
2024 · €80,577
Total assets
€578,839▲ 2.0%
2024 · €567,730
Net result
€98,975▲ 46.7%
2024 · €67,464
Working capital
€42,586▲ 41.4%
2024 · €30,113
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€36,663▲ 336%-€1,558€19,630€25,354▲ 29.2%€60,704▲ 139%
Net result€25,474within the sector's middle half▲ 456%€20,560within the sector's middle half▼ 19.3%€47,757within the sector's middle half▲ 132%€67,464within the sector's middle half▲ 41.3%€98,975above the sector's middle half▲ 46.7%
Equity€54,595within the sector's middle half▲ 87.5%€57,155within the sector's middle half▲ 4.7%€69,012within the sector's middle half▲ 20.7%€80,577within the sector's middle half▲ 16.8%€106,967within the sector's middle half▲ 32.8%
Total assets€318,431within the sector's middle half▲ 3.3%€345,141within the sector's middle half▲ 8.4%€476,200within the sector's middle half▲ 38.0%€567,730above the sector's middle half▲ 19.2%€578,839above the sector's middle half▲ 2.0%
Debt€263,836▼ 5.5%€287,986▲ 9.2%€407,188▲ 41.4%€487,153▲ 19.6%€471,872▼ 3.1%
Working capital€6,622below the sector's middle half-€1,030below the sector's middle half-€577below the sector's middle half▲ 44.0%€30,113within the sector's middle half€42,586within the sector's middle half▲ 41.4%
Solvency17.1%below the sector's middle half▲ 7.7pp16.6%below the sector's middle half▼ 0.6pp14.5%below the sector's middle half▼ 2.1pp14.2%below the sector's middle half▼ 0.3pp18.5%below the sector's middle half▲ 4.3pp
Current ratio1.18below the sector's middle half▲ 0.670.97below the sector's middle half▼ 0.210.99below the sector's middle half▲ 0.011.50within the sector's middle half▲ 0.511.59within the sector's middle half▲ 0.09
Return on assets (ROA)8.0%within the sector's middle half▲ 6.5pp6.0%within the sector's middle half▼ 2.0pp10.0%within the sector's middle half▲ 4.1pp11.9%within the sector's middle half▲ 1.9pp17.1%within the sector's middle half▲ 5.2pp
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
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 139% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €578,839
Fixed assets
€463,668 ▼ 2.9%
Current assets
€115,171 ▲ 27.5%
Equity and liabilities €578,839
Equity
€106,967 ▲ 32.8%
Debt
€471,872 ▼ 3.1%
Debt's share of the balance-sheet total falls from 85.8% to 81.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€86,698▲
2024 · €50,380
Cash flow
€124,970▲
2024 · €92,490
Debt to equity
4.41▼
2024 · 6.05
ROE
92.5%▲
2024 · 83.7%
Interest coverage
6.59▲
2024 · 3.75
Debt ≤ 1 year
€72,585▲
2024 · €60,232
Debt > 1 year
€399,287▼
2024 · €426,921
Income taxes
€27,227▲
2024 · €17,527
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,684 companies that looked in July 2024 the way this one looks now, 1.3% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.3%
went bankrupt
1.2%
stopped otherwise
97%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,684 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,984 | €14,979 | €20,719 | €25,026 | €25,994 | ▲ 3.9% |
| Other operating charges640/8 | €983 | €1,743 | €1,808 | €1,963 | €1,952 | ▼ 0.6% |
| Non-recurring operating charges66A | - | €5,000 | - | - | - | - |
| Gross operating margin9900 | €49,630 | €20,164 | €42,157 | €52,343 | €88,650 | ▲ 69.4% |
| Operating profit (loss)9901 | €36,663 | -€1,558 | €19,630 | €25,354 | €60,704 | ▲ 139% |
| Financial income75/76B | - | €33,157 | €47,473 | €73,090 | €78,647 | ▲ 7.6% |
| Recurring financial income75 | - | €33,157 | €47,473 | €73,090 | €78,647 | ▲ 7.6% |
| Financial charges65/66B | €4,417 | €5,022 | €6,451 | €13,452 | €13,148 | ▼ 2.3% |
| Recurring financial charges65 | €4,417 | €5,022 | €6,451 | €13,452 | €13,148 | ▼ 2.3% |
| Profit (loss) for the period before taxes9903 | €32,245 | €26,578 | €60,652 | €84,991 | €126,203 | ▲ 48.5% |
| Income taxes67/77 | €6,771 | €6,018 | €12,894 | €17,527 | €27,227 | ▲ 55.3% |
| Profit (loss) for the period9904 | €25,474 | €20,560 | €47,757 | €67,464 | €98,975 | ▲ 46.7% |
| Profit (loss) for the period to be appropriated9905 | €25,474 | €20,560 | €47,757 | €67,464 | €98,975 | ▲ 46.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €318,431 | €345,141 | €476,200 | €567,730 | €578,839 | ▲ 2.0% |
| Fixed assets21/28 | €275,477 | €307,610 | €436,778 | €477,385 | €463,668 | ▼ 2.9% |
| Intangible fixed assets21 | €4,200 | €2,100 | - | - | - | - |
| Tangible fixed assets22/27 | €271,277 | €305,510 | €436,778 | €460,385 | €446,668 | ▼ 3.0% |
| Land and buildings22 | €270,004 | €280,414 | €271,013 | €261,612 | €252,210 | ▼ 3.6% |
| Plant, machinery and equipment23 | - | - | €2,161 | €1,678 | €1,194 | ▼ 28.8% |
| Furniture and vehicles24 | €1,273 | €80 | - | €409 | €9,226 | ▲ 2,154% |
| Other tangible fixed assets26 | - | €25,016 | €163,604 | €196,686 | €184,038 | ▼ 6.4% |
| Financial fixed assets28 | - | - | - | €17,000 | €17,000 | = |
| Current assets29/58 | €42,954 | €37,531 | €39,422 | €90,345 | €115,171 | ▲ 27.5% |
| Amounts receivable within one year40/41 | - | €10,037 | €106 | €50,173 | €61,681 | ▲ 22.9% |
| Trade receivables40 | - | - | - | - | €381 | - |
| Other amounts receivable41 | - | €10,037 | €106 | €50,173 | €61,300 | ▲ 22.2% |
| Cash at bank and in hand54/58 | €41,781 | €26,311 | €37,166 | €39,339 | €52,152 | ▲ 32.6% |
| Deferred charges and accrued income490/1 | €1,173 | €1,183 | €2,151 | €833 | €1,338 | ▲ 60.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €318,431 | €345,141 | €476,200 | €567,730 | €578,839 | ▲ 2.0% |
| Equity10/15 | €54,595 | €57,155 | €69,012 | €80,577 | €106,967 | ▲ 32.8% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | €34,595 | €37,155 | €49,012 | €60,577 | €86,967 | ▲ 43.6% |
| Amounts payable17/49 | €263,836 | €287,986 | €407,188 | €487,153 | €471,872 | ▼ 3.1% |
| Amounts payable after more than one year17 | €227,503 | €249,425 | €367,189 | €426,921 | €399,287 | ▼ 6.5% |
| Financial debts170/4 | €227,503 | €249,425 | €367,189 | €426,921 | €399,287 | ▼ 6.5% |
| Amounts payable within one year42/48 | €36,332 | €38,561 | €39,999 | €60,232 | €72,585 | ▲ 20.5% |
| Current portion of amounts payable after more than one year42 | €11,192 | €15,057 | €15,301 | €31,979 | €34,374 | ▲ 7.5% |
| Trade debts44 | €1,369 | €3,657 | €5,264 | €7,933 | €11,175 | ▲ 40.9% |
| Suppliers440/4 | €1,369 | €3,657 | €5,264 | €7,933 | €11,175 | ▲ 40.9% |
| Taxes, remuneration and social security45 | €15,177 | €15,514 | €11,082 | €11,936 | €12,608 | ▲ 5.6% |
| Taxes450/3 | €15,177 | €15,514 | €11,082 | €11,936 | €12,608 | ▲ 5.6% |
| Other amounts payable47/48 | €8,594 | €4,332 | €8,353 | €8,384 | €14,429 | ▲ 72.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,474 | €20,560 | €47,757 | €67,464 | €98,975 | ▲ 46.7% |
| + Depreciation and write-downs630 | €11,984 | €14,979 | €20,719 | €25,026 | €25,994 | ▲ 3.9% |
| Operating cash flow (approximation) | €37,458 | €35,539 | €68,476 | €92,490 | €124,970 | ▲ 35.1% |
| Investment in fixed assets (approximation) | - | -€47,112 | -€149,887 | -€65,633 | -€12,277 | ▲ 81.3% |
| Change in cash | - | -€15,470 | €10,855 | €2,173 | €12,814 | ▲ 490% |
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
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2019net €98,975 ▲46.7%
Operating result €60,704, net result €98,975, both a record.
31-12
Financial
Equity above €100,000Eq €106,967 ▲32.8%
7 profitable years in a row build equity to €106,967.
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 1.18
Current ratio from 0.51 to 1.18; short-term debt falls from €40,425 to €36,332.
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
06-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 6 days late
Financial milestoneNBB 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.
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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, Grez-Doiceau · 1 establishment unit since 2019
Ground area
1,493 m²
Building footprint
150 m²
Volume, LiDAR
893 m³
Parcel 25037D0005/00F006, Wallonia · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
AVOTAX PRIVATE OFFICE
since 20192.284.991.584
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25037D0005/00F006 | Wallonia | 1,493 m² | 1 · 150 m² | 8.0 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.
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Of 22,076 companies in sector 69101 we hold annual accounts for 9,061. 7,558 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
Founded31-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0719650522
Also
9925:BE0719650522
Registered
09-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.