AVUS
ActiveSummary
AVUS has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.0m and a net result of €87,875. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 95% of 19375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability48▼-6
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €180,000 at 30 days acceptable
short-term debt: 0.5% and cash: 58.5% of total assets, and 1.4% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2024Solvency, return and age of the figures
Solvency
98.6%
Return on assets
4.2%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €2.0m
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 12-06-2025, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
49 d early
2023
49 d early
2022
34 d early
2021
54 d early
2020
46 d early
2019
30 d early
← 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 44 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€2.0m▲ 4.5%
2023 · €2.0m
Total assets
€2.1m▲ 5.4%
2023 · €2.0m
Net result
€87,875▼ 34.1%
2023 · €133,430
Working capital
€1.8m▲ 6.1%
2023 · €1.7m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate 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
Line20202021202220232024
Operating result€23,469▼ 97.9%-€6,127€3,087€30,328▲ 882%€25,870▼ 14.7%
Net result€23,438within the sector's middle half▼ 97.9%€13,154within the sector's middle half▼ 43.9%-€61,058below the sector's middle half€133,430above the sector's middle half€87,875above the sector's middle half▼ 34.1%
Equity€1.9mabove the sector's middle half▲ 1.3%€1.9mabove the sector's middle half▲ 0.7%€1.8mabove the sector's middle half▼ 3.2%€2.0mabove the sector's middle half▲ 7.3%€2.0mabove the sector's middle half▲ 4.5%
Total assets€1.9mabove the sector's middle half▲ 0.8%€1.9mwithin the sector's middle half▼ 1.4%€1.8mabove the sector's middle half▼ 3.6%€2.0mabove the sector's middle half▲ 6.9%€2.1mabove the sector's middle half▲ 5.4%
Debt€64,704▼ 11.6%€24,680▼ 61.9%€17,202▼ 30.3%€11,220▼ 34.8%€29,026▲ 159%
Working capital€1.6mabove the sector's middle half▲ 1.5%€1.7mabove the sector's middle half▲ 0.8%€1.6mabove the sector's middle half▼ 3.7%€1.7mabove the sector's middle half▲ 8.3%€1.8mabove the sector's middle half▲ 6.1%
Solvency96.7%above the sector's middle half▲ 0.5pp98.7%above the sector's middle half▲ 2.0pp99.1%above the sector's middle half▲ 0.4pp99.4%above the sector's middle half▲ 0.4pp98.6%above the sector's middle half▼ 0.8pp
Current ratio26.85above the sector's middle half▲ 3.6568.67above the sector's middle half▲ 41.8394.08above the sector's middle half▲ 25.40
Return on assets (ROA)1.2%within the sector's middle half▼ 56.0pp0.7%within the sector's middle half▼ 0.5pp-3.3%below the sector's middle half▼ 4.0pp6.8%within the sector's middle half▲ 10.1pp4.2%within the sector's middle half▼ 2.5pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 15% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.1m
Fixed assets
€225,951 =
Current assets
€1.9m ▲ 6.1%
Equity and liabilities €2.1m
Equity
€2.0m ▲ 4.5%
Debt
€29,026 ▲ 159%
Debt's share of the balance-sheet total rises from 0.6% to 1.4%. Equity and debt are higher.
Key figures and ratios
Debt to equity
0.01▲
2023 · 0.01
ROE
4.3%▼
2023 · 6.8%
Debt ≤ 1 year
€11,026▼
2023 · €11,220
A ratio outside any meaningful range has been withheld (balance sheet total €2.1m, equity €2.0m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 14,733 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 |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €1,040 | €1,167 | €1,139 | €1,031 | ▼ 9.4% |
| Gross operating margin9900 | €25,552 | -€5,088 | €4,254 | €31,467 | €26,902 | ▼ 14.5% |
| Operating profit (loss)9901 | €23,469 | -€6,127 | €3,087 | €30,328 | €25,870 | ▼ 14.7% |
| Financial income75/76B | - | €20,369 | €30,373 | €31,020 | €52,656 | ▲ 69.8% |
| Recurring financial income75 | €0 | €20,369 | €30,373 | €31,020 | €52,656 | ▲ 69.8% |
| Financial charges65/66B | - | €1,088 | €94,518 | -€72,081 | -€9,348 | ▲ 87.0% |
| Recurring financial charges65 | €31 | €1,088 | €94,518 | -€72,081 | -€9,348 | ▲ 87.0% |
| Profit (loss) for the period before taxes9903 | €23,438 | €13,154 | -€61,058 | €133,430 | €87,875 | ▼ 34.1% |
| Income taxes67/77 | €0 | - | - | - | - | - |
| Profit (loss) for the period9904 | €23,438 | €13,154 | -€61,058 | €133,430 | €87,875 | ▼ 34.1% |
| Profit (loss) for the period to be appropriated9905 | €23,438 | €13,154 | -€61,058 | €133,430 | €87,875 | ▼ 34.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.9m | €1.9m | €1.8m | €2.0m | €2.1m | ▲ 5.4% |
| Fixed assets21/28 | €225,951 | €225,951 | €225,951 | €225,951 | €225,951 | = |
| Tangible fixed assets22/27 | €225,951 | €225,951 | €225,951 | €225,951 | €225,951 | = |
| Other tangible fixed assets26 | - | €225,951 | €225,951 | €225,951 | €225,951 | = |
| Current assets29/58 | €1.7m | €1.7m | €1.6m | €1.7m | €1.9m | ▲ 6.1% |
| Amounts receivable within one year40/41 | €25,359 | €292,217 | €310,946 | €335,057 | €385,359 | ▲ 15.0% |
| Trade receivables40 | - | €903 | €1,886 | €11,260 | €1,277 | ▼ 88.7% |
| Other amounts receivable41 | - | €291,314 | €309,060 | €323,797 | €384,082 | ▲ 18.6% |
| Current investments50/53 | - | €920,632 | €839,079 | €927,310 | €237,965 | ▼ 74.3% |
| Cash at bank and in hand54/58 | €1.7m | €470,605 | €456,847 | €471,487 | €1.2m | ▲ 158% |
| Deferred charges and accrued income490/1 | - | €3,367 | €11,413 | €11,881 | €12,402 | ▲ 4.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.9m | €1.9m | €1.8m | €2.0m | €2.1m | ▲ 5.4% |
| Equity10/15 | €1.9m | €1.9m | €1.8m | €2.0m | €2.0m | ▲ 4.5% |
| Contributions10/11 | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Capital10 | - | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Issued capital100 | - | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Reserves13 | €37,804 | €37,804 | €37,804 | €37,804 | €64,953 | ▲ 71.8% |
| Non-distributable reserves130/1 | - | €1,983 | €1,983 | €1,983 | €3,353 | ▲ 69.1% |
| Legal reserve130 | - | €1,983 | €1,983 | €1,983 | €3,353 | ▲ 69.1% |
| Distributable reserves133 | - | €35,821 | €35,821 | €35,821 | €61,600 | ▲ 72.0% |
| Profit (loss) carried forward14 | -€146,012 | -€132,858 | -€193,917 | -€60,487 | €239 | ▲ 100% |
| Amounts payable17/49 | €64,704 | €24,680 | €17,202 | €11,220 | €29,026 | ▲ 159% |
| Amounts payable within one year42/48 | €63,836 | €24,563 | €17,202 | €11,220 | €11,026 | ▼ 1.7% |
| Trade debts44 | €2,222 | €1,455 | €1,000 | €387 | €429 | ▲ 10.9% |
| Suppliers440/4 | - | €1,455 | €1,000 | €387 | €429 | ▲ 10.9% |
| Taxes, remuneration and social security45 | - | €0 | - | - | - | - |
| Taxes450/3 | - | €0 | - | - | - | - |
| Other amounts payable47/48 | - | €23,108 | €16,202 | €10,834 | €10,597 | ▼ 2.2% |
| Accrued charges and deferred income492/3 | - | €117 | €0 | - | €18,000 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,438 | €13,154 | -€61,058 | €133,430 | €87,875 | ▼ 34.1% |
| Operating cash flow (approximation) | €23,438 | €13,154 | -€61,058 | €133,430 | €87,875 | ▼ 34.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€1.2m | -€13,758 | €14,639 | €744,202 | ▲ 4,984% |
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
2026
13-07
State Gazette act
General meeting · Director reappointment
Permanent representative · Board meeting
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €2mEq €2.0m ▲4.5%
2 profitable years in a row build equity to €2.0m.
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €133,430
Net result €133,430 after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€61,058
Net result drops to -€61,058, the lowest in the series; recovery starts the following year.
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity triplescurrent ratio 68.67
Current ratio from 26.85 to 68.67; short-term debt falls from €63,836 to €24,563.
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €1.1m ▲2,810%
Operating result €1.1m, net result €1.1m, both a record.
Show earlier events
31-12
Financial
Liquidity times 8current ratio 23.20
Current ratio from 2.79 to 23.20.
31-12
Financial
Equity above €1mEq €1.9m ▲147%
2 profitable years in a row build equity to €1.9m.
05-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
22-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Knokke-Heist · 1 establishment unit since 1992
Ground area
1,627 m²
Building footprint
265 m²
Volume, LiDAR
2,220 m³
Parcel 31013C0066/00E000, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
AVUS
since 19922.230.703.060
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31013C0066/00E000 | Flanders | 1,627 m² | 1 · 265 m² | 12.2 m · 3 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.
Structure & network
Owners and holdings
2 ownersOwners 2
- VASparentSourceaccounts VAS 30-09-202579.63%
- Sourceaccounts VIM 202533.5%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
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Shareholding
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
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Of 3,761 companies in sector 68321 we hold annual accounts for 1,394. 650 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded24-03-1992
Fiscal year end31-12
Activities, NACEBEL 2025
68321Property management for co-owned buildings (syndics)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0447017075
Also
9925:BE0447017075
Registered
28-11-2025
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.
General meetings
1 convocationGeneral meeting
Jaarverslag. Goedkeuring jaarrekening. Bestemming resultaat. Kwijting bestuurders. Divers. (AOPC-1-9-03152/14.05)