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AVW Services

Active Risk: low
Limited partnershipfounded 20188 yrs activeSint Jozefstraat 5, 1840 Londerzeel, BelgiumKBO/BCE: BE 0701.844.092
Summary

AVW Services has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2020 annual accounts show equity of €6,167 and a net result of €2,454. Its solvency ranks better than 55% of 4419 sector peers (fiscal year 2020). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

No current score
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2020 · tick = 2019
Profitability81▼-19
Solvency68▲+17
Growth52
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
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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-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% 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 2020
Solvency, return and age of the figures
Solvency
43.3%
Return on assets
17.2%
Age of the figures
69 mo
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 8 years 0 10 y
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 2 filings
Position against the passed deadline
31-12-2021 close31-07-2022 deadline30-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 19-07-2021, 12 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
12 d early
2019
25 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 19 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

AVW Services was incorporated on 29 August 2018.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2020.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020

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Financials · fiscal year 2020, micro schema

Equity
€6,167▲ 66.1%
2019 · €3,713
Total assets
€14,239▼ 0.5%
2019 · €14,313
Net result
€2,454▼ 78.7%
2019 · €11,525
Working capital
€4,873▲ 103%
2019 · €2,395
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, 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
Line20192020
Operating result€17,371-€4,220▼ 75.7%
Net result€11,525-€2,454within the sector's middle half▼ 78.7%
Equity€3,713-€6,167below the sector's middle half▲ 66.1%
Total assets€14,313-€14,239below the sector's middle half▼ 0.5%
Debt€10,600-€8,072▼ 23.9%
Working capital€2,395-€4,873within the sector's middle half▲ 103%
Solvency25.9%-43.3%within the sector's middle half▲ 17.4pp
Current ratio1.23-1.65within the sector's middle half▲ 0.42
Return on assets (ROA)80.5%-17.2%above the sector's middle half▼ 63.3pp
above within below the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, 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
€0€5,000€10,000€15,000Operating result 2019: €17,371€17,371Net result 2019: €11,525€11,525Operating result 2020: €4,220€4,220Net result 2020: €2,454€2,45420192020€0€5,000€10,000€15,000Operating result 2019: €17,371€17,400Net result 2019: €11,525€11,500Operating result 2020: €4,220€4,220Net result 2020: €2,454€2,45020192020
The operating result falls in 2020; 2020 is 76% below 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €14,239
Fixed assets €1,834 ▲ 39.3%
Current assets €12,404 ▼ 4.5%
Equity and liabilities €14,239
Equity €6,167 ▲ 66.1%
Debt €8,072 ▼ 23.9%
Debt's share of the balance-sheet total falls from 74.1% to 56.7%. Equity is higher and debt is lower.
Key figures and ratios
2020 value · change against 2019
EBITDA
€5,457▼
2019 · €18,030
Cash flow
€3,692▼
2019 · €12,183
ROE
39.8%▼
2019 · 310.4%
Debt ≤ 1 year
€7,531▼
2019 · €10,600
Income taxes
-€8▼
2019 · €3,787
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 24 lines
Balance sheet Code20192020
Assets
Total assets20/58€14,313€14,239▼
Fixed assets21/28€1,317€1,834▲
Tangible fixed assets22/27€1,317€1,834▲
Current assets29/58€12,996€12,404▼
Amounts receivable within one year40/41€9,978€3,605▼
Cash at bank and in hand54/58€2,075€8,607▲
Equity and liabilities
Total equity and liabilities10/49€14,313€14,239▼
Equity10/15€3,713€6,167▲
Contributions10/11€1,000-
Reserves13€2,713€5,163▲
Profit (loss) carried forward14-€4
Amounts payable17/49€10,600€8,072▼
Amounts payable within one year42/48€10,600€7,531▼
Trade debts44€875€24▼
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€659€1,238▲
Gross operating margin9900€21,736€6,531▼
Operating profit (loss)9901€17,371€4,220▼
Recurring financial income75-€22
Recurring financial charges65€2,059€1,795▼
Profit (loss) for the period before taxes9903€15,312€2,446▼
Income taxes67/77€3,787-€8▼
Profit (loss) for the period9904€11,525€2,454▼
Profit (loss) for the period to be appropriated9905€11,525€2,454▼
Appropriation of the result
Return on contributions (dividend)694€812-
Line20192020Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€659€1,238▲ 87.9%
Gross operating margin9900€21,736€6,531▼ 70.0%
Operating profit (loss)9901€17,371€4,220▼ 75.7%
Recurring financial income75-€22-
Recurring financial charges65€2,059€1,795▼ 12.8%
Profit (loss) for the period before taxes9903€15,312€2,446▼ 84.0%
Income taxes67/77€3,787-€8▼ 100%
Profit (loss) for the period9904€11,525€2,454▼ 78.7%
Profit (loss) for the period to be appropriated9905€11,525€2,454▼ 78.7%
Line20192020Change
Assets
Total assets20/58€14,313€14,239▼ 0.5%
Fixed assets21/28€1,317€1,834▲ 39.3%
Tangible fixed assets22/27€1,317€1,834▲ 39.3%
Current assets29/58€12,996€12,404▼ 4.5%
Amounts receivable within one year40/41€9,978€3,605▼ 63.9%
Cash at bank and in hand54/58€2,075€8,607▲ 315%
Equity and liabilities
Total equity and liabilities10/49€14,313€14,239▼ 0.5%
Equity10/15€3,713€6,167▲ 66.1%
Contributions10/11€1,000--
Reserves13€2,713€5,163▲ 90.3%
Profit (loss) carried forward14-€4-
Amounts payable17/49€10,600€8,072▼ 23.9%
Amounts payable within one year42/48€10,600€7,531▼ 29.0%
Trade debts44€875€24▼ 97.3%
Line20192020Change
Profit (loss) for the period9904€11,525€2,454▼ 78.7%
+ Depreciation and write-downs630€659€1,238▲ 87.9%
Operating cash flow (approximation)€12,183€3,692▼ 69.7%
Investment in fixed assets (approximation)--€1,755-
Change in cash-€6,532-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2021
19-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
06-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Londerzeel · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
299 m²
Building footprint
152 m²
Volume, LiDAR
963 m³
Parcel 23045B0474/00N000, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
AVW Services
Sint Jozefstraat 5, 1840 LonderzeelFreight transport by road
since 20182.279.616.596
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23045B0474/00N000 Flanders 299 m² 1 · 152 m² 11.2 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.

Similar companies · same sector, comparable size

Of 6,971 companies in sector 49320 we hold annual accounts for 2,717. 1,927 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formLimited partnership
Founded29-08-2018
Fiscal year end31-12
Activities, NACEBEL 2025
49320Non-scheduled passenger transport by road
43240Other construction installation
80010Investigation and private security services
80090Investigation and security activities
82300Organisation of conventions and trade shows
E-invoicing
Reachable via Peppol
Peppol ID 0208:0701844092
Registered 27-03-2026

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.