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Aydo

Active
Private limited companyfounded 2022active for 3 yearsStaatsbaan(LUB) 334, 3210 Lubbeek, BelgiumKBO/BCE: BE 0794.789.789
Summary

The computed 12-month bankruptcy probability of Aydo is 1.8% (moderate). The 2025 annual accounts show equity of €51,197 and a net result of €3,421. Equity is growing by about 8.5% per year across the filed financial years. Its solvency ranks better than 88% of 22,554 sector peers (NACE 47, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Retail sale of cars and light vans (up to 3.5 tonnes)
NACE 47811
1 site
Size
€63,833total assets 2025
Equity
€51,197
Profit
€3,421
Turnover not published (micro format)
Financial health
56 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.8%
Structure
2025 accounts 44 days early2 of 3 deeds summarised
Why 56raises riskFounded in 2022Size: total assets €63,8331 change of registered office in 24 monthslowers riskFigures for financial year 2025 (filed 17-06-2026)Show the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 67% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Strong
Solvency 100+56
equity 80.2% of total assets
Liquidity 52+19
short-term debt 19.8% · cash 6.8%
Profitability 75+4
return on assets 5.4%
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,231 companies, NACE 47, micro)
Last 24 months 11-2024: 2.0% 12-2024: 2.1%▲ +0.1 percentage points vs 11-2024 01-2025: 2.1%● unchanged vs 12-2024 02-2025: 2.1%● unchanged vs 01-2025 03-2025: 2.1%● unchanged vs 02-2025 04-2025: 2.5%▲ +0.4 percentage points vs 03-2025 05-2025: 3.0%▲ +0.5 percentage points vs 04-2025 06-2025: 3.0%● unchanged vs 05-2025 07-2025: 3.1%▲ +0.1 percentage points vs 06-2025 08-2025: 1.6%▼ -1.5 percentage points vs 07-2025 09-2025: 1.6%● unchanged vs 08-2025 10-2025: 1.6%● unchanged vs 09-2025 11-2025: 1.6%● unchanged vs 10-2025 12-2025: 1.6%● unchanged vs 11-2025 01-2026: 1.6%● unchanged vs 12-2025lowest value 02-2026: 1.6%● unchanged vs 01-2026lowest value 03-2026: 1.6%● unchanged vs 02-2026 04-2026: 5.6%▲ +4.0 percentage points vs 03-2026 05-2026: 5.8%▲ +0.2 percentage points vs 04-2026highest value 06-2026: 5.8%● unchanged vs 05-2026 07-2026: 2.2%▼ -3.6 percentage points vs 06-2026 08-2026: 1.8%▼ -0.4 percentage points vs 07-2026 09-2026: 1.8%● unchanged vs 08-2026 10-2026: 1.8%● unchanged vs 09-2026
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity ample (current ratio 4.89, compared with 1.21 in 2024, above the usual 1.5; short-term debt: 19.8% and cash: 6.8% of total assets), and 19.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 92% on solvency, 57% on liquidity, 62% on profitability and 56% on growth.

The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2022
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €63,833
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 17-06-2026)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
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 17-06-2026, 44 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
44 days early
2024
31 days early
2023
36 days early
2022
32 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 36 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 June (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Registered officeRegistered-office move
  3. Liquidity quadruplescurrent ratio 4.89

Financials · financial year 2025, micro format

Equity
€51,197▲ 7.2%
2024 · €47,776
Total assets
€63,833▼ 74.7%
2024 · €252,724
Net result
€3,421▼ 37.8%
2024 · €5,498
Working capital
€49,170▲ 14.3%
2024 · €43,017
Trend over the years

2022 to 2025, 4 financial years

The operating result falls in 2025; 2025 is 16% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€4,820 2025 Net result€3,421 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result€49,867-€3,230▼ 93.5%€5,742▲ 77.8%€4,820▼ 16.1%
Net result€39,887above the sector's middle half-€2,292within the sector's middle half▼ 94.3%€5,498within the sector's middle half▲ 140%€3,421within the sector's middle half▼ 37.8%
Equity€39,987within the sector's middle half-€42,278within the sector's middle half▲ 5.7%€47,776within the sector's middle half▲ 13.0%€51,197within the sector's middle half▲ 7.2%
Total assets€61,933within the sector's middle half-€161,813within the sector's middle half▲ 161%€252,724within the sector's middle half▲ 56.2%€63,833within the sector's middle half▼ 74.7%
Debt€21,946-€119,535▲ 445%€204,948▲ 71.5%€12,637▼ 93.8%
Working capital€40,287within the sector's middle half-€34,787within the sector's middle half▼ 13.6%€43,017within the sector's middle half▲ 23.7%€49,170within the sector's middle half▲ 14.3%
Solvency64.6%above the sector's middle half-26.1%within the sector's middle half▼ 38.4pp18.9%within the sector's middle half▼ 7.2pp80.2%above the sector's middle half▲ 61.3pp
Current ratio2.86above the sector's middle half-1.29within the sector's middle half▼ 1.571.21within the sector's middle half▼ 0.084.89above the sector's middle half▲ 3.68
Return on assets (ROA)64.4%above the sector's middle half-1.4%within the sector's middle half▼ 63.0pp2.2%within the sector's middle half▲ 0.8pp5.4%within the sector's middle half▲ 3.2pp
above within below the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €63,833
Fixed assets €2,026 ▼ 57.4%
Current assets €61,807 ▼ 75.1%
Equity and liabilities €63,833
Equity €51,197 ▲ 7.2%
Debt €12,637 ▼ 93.8%
Debt's share of the balance-sheet total falls from 81.1% to 19.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€7,552▼
2024 · €8,475
Cash flow
€6,153▼
2024 · €8,230
Quick ratio
0.44▼
2024 · 1.06
Debt to equity
0.25▼
2024 · 4.29
ROE
6.7%▼
2024 · 11.5%
Interest coverage
64.28▲
2024 · 52.83
Debt ≤ 1 year
€12,637▼
2024 · €204,948
Income taxes
€1,281▼
2024 · €1,837
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% 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 1.8% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
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 74.5% 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 39,278 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€252,724€63,833▼
Fixed assets21/28€4,759€2,026▼
Tangible fixed assets22/27€4,759€2,026▼
Plant, machinery and equipment23€775€384▼
Furniture and vehicles24€3,984€1,642▼
Current assets29/58€247,965€61,807▼
Stocks and contracts in progress3€31,600€56,250▲
Stocks30/36€31,600€56,250▲
Amounts receivable within one year40/41€156,606-
Trade receivables40€155,691-
Other amounts receivable41€916-
Cash at bank and in hand54/58€56,337€4,311▼
Deferred charges and accrued income490/1€3,422€1,246▼
Equity and liabilities
Total equity and liabilities10/49€252,724€63,833▼
Equity10/15€47,776€51,197▲
Contributions10/11€100€100=
Reserves13€47,676€51,097▲
Distributable reserves133€47,676€51,097▲
Amounts payable17/49€204,948€12,637▼
Amounts payable within one year42/48€204,948€12,637▼
Trade debts44€16,811€554▼
Suppliers440/4€16,811€554▼
Taxes, remuneration and social security45€2,720€3,534▲
Taxes450/3€2,720€3,534▲
Other amounts payable47/48€185,417€8,549▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,732€2,732=
Other operating charges640/8€4,330€1,303▼
Gross operating margin9900€12,805€8,855▼
Operating profit (loss)9901€5,742€4,820▼
Financial income75/76B€1,753-
Recurring financial income75€100-
Non-recurring financial income76B€1,653-
Financial charges65/66B€160€117▼
Recurring financial charges65€160€117▼
Profit (loss) for the period before taxes9903€7,335€4,702▼
Income taxes67/77€1,837€1,281▼
Profit (loss) for the period9904€5,498€3,421▼
Profit (loss) for the period to be appropriated9905€5,498€3,421▼
Appropriation of the result
Profit (loss) to be appropriated9906€5,498€3,421▼
Transfer to equity691/2€5,498€3,421▼
To other reserves6921€5,498€3,421▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€706€2,732€2,732=
Other operating charges640/8€731€2,786€4,330€1,303▼ 69.9%
Gross operating margin9900€50,598€6,721€12,805€8,855▼ 30.8%
Operating profit (loss)9901€49,867€3,230€5,742€4,820▼ 16.1%
Financial income75/76B-€0€1,753--
Recurring financial income75-€0€100--
Non-recurring financial income76B--€1,653--
Financial charges65/66B-€55€160€117▼ 26.8%
Recurring financial charges65-€55€160€117▼ 26.8%
Profit (loss) for the period before taxes9903€49,867€3,174€7,335€4,702▼ 35.9%
Income taxes67/77€9,981€883€1,837€1,281▼ 30.2%
Profit (loss) for the period9904€39,887€2,292€5,498€3,421▼ 37.8%
Profit (loss) for the period to be appropriated9905€39,887€2,292€5,498€3,421▼ 37.8%
Line2022202320242025Change
Assets
Total assets20/58€61,933€161,813€252,724€63,833▼ 74.7%
Fixed assets21/28-€7,491€4,759€2,026▼ 57.4%
Tangible fixed assets22/27-€7,491€4,759€2,026▼ 57.4%
Plant, machinery and equipment23-€1,165€775€384▼ 50.4%
Furniture and vehicles24-€6,326€3,984€1,642▼ 58.8%
Current assets29/58€61,933€154,323€247,965€61,807▼ 75.1%
Stocks and contracts in progress3-€114,683€31,600€56,250▲ 78.0%
Stocks30/36-€114,683€31,600€56,250▲ 78.0%
Amounts receivable within one year40/41-€14,400€156,606--
Trade receivables40-€9,000€155,691--
Other amounts receivable41-€5,400€916--
Cash at bank and in hand54/58€61,933€22,488€56,337€4,311▼ 92.3%
Deferred charges and accrued income490/1-€2,751€3,422€1,246▼ 63.6%
Equity and liabilities
Total equity and liabilities10/49€61,933€161,813€252,724€63,833▼ 74.7%
Equity10/15€39,987€42,278€47,776€51,197▲ 7.2%
Contributions10/11€100€100€100€100=
Reserves13€39,887€42,178€47,676€51,097▲ 7.2%
Distributable reserves133€39,887€42,178€47,676€51,097▲ 7.2%
Amounts payable17/49€21,946€119,535€204,948€12,637▼ 93.8%
Amounts payable within one year42/48€21,646€119,535€204,948€12,637▼ 93.8%
Trade debts44€832€13,746€16,811€554▼ 96.7%
Suppliers440/4€832€13,746€16,811€554▼ 96.7%
Taxes, remuneration and social security45€20,694€883€2,720€3,534▲ 29.9%
Taxes450/3€20,694€883€2,720€3,534▲ 29.9%
Other amounts payable47/48€120€104,907€185,417€8,549▼ 95.4%
Accrued charges and deferred income492/3€300----
Line2022202320242025Change
Profit (loss) for the period9904€39,887€2,292€5,498€3,421▼ 37.8%
+ Depreciation and write-downs630-€706€2,732€2,732=
Operating cash flow (approximation)€39,887€2,997€8,230€6,153▼ 25.2%
Investment in fixed assets (approximation)--€0€0-
Change in cash--€39,444€33,849-€52,026-

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

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference
31-12-2025 micro format 17-06-2026 2026-00169223
31-12-2024 micro format 30-06-2025 2025-00203181
31-12-2023 micro format 25-06-2024 2024-00166421
31-12-2022 micro format 29-06-2023 2023-00173439

Similar companies · same sector, comparable size

Of the 10,462 active companies whose main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811), figures are known for 5,245. 3,332 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, last change in 2024
Aydogan Civan
Director · since 15-06-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
1 of this company's 3 Belgian Official Gazette deeds has not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

2 people since 2024, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Aydogan Civan
  • Director, from 15-06-2024 to date
Aydogan Omer
  • Director, until 15-06-2024
See the board, name and registered office on a given date →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 14 December 2022, Aydo was incorporated as a private limited company.1 In 2024 the registered office moved to Lubbeek.2 Total assets went from €61,933 in 2022 to €63,833 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 28-06-2024
  3. 3National Bank, annual accounts 2022 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
17-06
NBB filing Annual accounts filed
financial year 2025 · micro format
19-03
Gazette deed Registered office
Registered-office move2 facts ▸
  • General meeting, 02-02-2026
  • Registered-office move, Staatsbaan 334 bus A te 3210 Lubbeek
2025
31-12
Financial Liquidity quadruplescurrent ratio 4.89
Current ratio from 1.21 to 4.89; short-term debt falls from €204,948 to €12,637.
30-06
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
28-06
Gazette deed Resignation: Aydogan Omer (director)
Appointment: Aydogan Civan (director) · Registered-office move4 facts ▸
  • General meeting, 15-06-2024
  • Director resignation, Aydogan Omer (director)
  • Director appointment, Aydogan Civan (director)
  • Registered-office move, Konneminweg 5 te 3210 Lubbeek
25-06
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
31-12
Financial Weakest financial yearnet €2,292 ▼94.3%
Net result drops to €2,292, the lowest in the series; recovery starts the following year.
29-06
NBB filing Annual accounts filed
financial year 2022 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
2 of 3 deeds read
About the unread acts

Of the 3 Belgian Official Gazette deeds we know for this company, 2 have been read. The other one has not 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.

Register details

Identification
Legal formPrivate limited company
Founded14-12-2022
Financial year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
43990Other specialised construction activities
46180Agents specialised in the wholesale of other particular products
46730Wholesale trade
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0794789789
Also 9925:BE0794789789
Registered 29-01-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 25 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0794.789.789

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Lubbeek · 1 establishment unit since 2022
registered office establishment The establishment unit on the map
Ground area
1,724 m²
Building footprint
167 m²
Building volume
987 m³
Parcel 24066A0212/00V000, Flanders · tallest building 10.2 m. Linked by address, not a title deed.
1 establishment unit
Staatsbaan(LUB) 334, 3210 Lubbeek
Retail sale of cars and light vans (up to 3.5 tonnes)
since 2022unit no. 2.339.248.238
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
24066A0212/00V000 Flanders 1,724 m² 1 · 167 m² 10.2 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.