IMMO AUDIOVISUEL CONSTRUCT
Open bankruptcyA bankruptcy procedure is open for IMMO AUDIOVISUEL CONSTRUCT according to publications in the Belgian State Gazette; curator: GUNTHER PEETERS. The 2022 annual accounts show equity of €5.37M and a net result of €2.10M.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 11-04-2023, 111 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
111 d early
2021
140 d late
2020
505 d late
2019
869 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Turnover
€14.56M▲ 16.4%
2021 · €12.51M
2019: €4.30M
2020: €8.56M
2021: €12.51M
2019 → 2022
EBIT margin
14.5%▼ 0.8pp
2021 · 15.3%
2019: 19.8%
2020: 13.4%
2021: 15.3%
2019 → 2022
Net result
€2.10M▲ 40.1%
2021 · €1.50M
2019: €845k
2020: €913k
2021: €1.50M
2019 → 2022
Working capital
€5.36M▲ 64.8%
2021 · €3.26M
2019: €1.60M
2020: €1.75M
2021: €3.26M
2019 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2019202020212022Trend
Turnover€4.30M-€8.56M▲ 99.2%€12.51M▲ 46.1%€14.56M▲ 16.4%
Equity€851k-€1.78M▲ 109%€3.28M▲ 84.4%€5.37M▲ 64.1%
Operating result€853k-€1.15M▲ 34.9%€1.91M▲ 66.4%€2.11M▲ 10.1%
Net result€845k-€913k▲ 8.0%€1.50M▲ 64.2%€2.10M▲ 40.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2022 is 10% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €6.12M
Fixed assets
€10k▼ 50.0%
Current assets
€6.11M▲ 59.9%
Equity and liabilities €6.12M
Equity
€5.37M▲ 64.1%
Debt
€749k▲ 32.0%
The debt ratio falls from 14.8% to 12.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€2.12M▲
2021 · €1.92M
Cash flow
€2.11M▲
2021 · €1.51M
Solvency
87.8%▲
2021 · 85.2%
Current ratio
8.17▲
2021 · 6.74
Quick ratio
7.12▲
2021 · 4.99
Debt / equity
0.14▼
2021 · 0.17
ROE
39.1%▼
2021 · 45.8%
ROA
34.3%▼
2021 · 39.0%
Interest coverage
242.22▲
2021 · 201.65
Debt
€749k▲
2021 · €567k
Debt ≤ 1 year
€749k▲
2021 · €567k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€3.84M€6.12M▲
Fixed assets21/28€20k€10k▼
Tangible fixed assets22/27€20k€10k▼
Plant, machinery and equipment23€20k€10k▼
Current assets29/58€3.82M€6.11M▲
Stocks and contracts in progress3€996k€782k▼
Stocks30/36€996k€782k▼
Amounts receivable within one year40/41€649k€988k▲
Trade receivables40€649k€988k▲
Cash at bank and in hand54/58€2.18M€3.98M▲
Deferred charges and accrued income490/1-€365k
Equity and liabilities
Total equity and liabilities10/49€3.84M€6.12M▲
Equity10/15€3.28M€5.37M▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€3.25M€5.35M▲
Amounts payable17/49€567k€749k▲
Amounts payable within one year42/48€567k€749k▲
Financial debts43€20k€10k▼
Credit institutions430/8€20k€10k▼
Trade debts44€48k-
Suppliers440/4€48k-
Taxes, remuneration and social security45€485k€721k▲
Taxes450/3€485k€721k▲
Other amounts payable47/48€14k€17k▲
Income statement
Code20212022
Turnover70€12.51M€14.56M▲
Goods, raw materials, services and sundry goods60/61€10.51M€1.23M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k=
Other operating charges640/8€73k€92k▲
Gross operating margin9900€2.00M€2.21M▲
Operating profit (loss)9901€1.91M€2.11M▲
Financial charges65/66B€10k€9k▼
Recurring financial charges65€10k€9k▼
Profit (loss) for the period before taxes9903€1.90M€2.10M▲
Income taxes67/77€406k-
Profit (loss) for the period9904€1.50M€2.10M▲
Profit (loss) for the period to be appropriated9905€1.50M€2.10M▲
Appropriation of the result
Profit (loss) to be appropriated9906€3.26M€5.35M▲
Profit (loss) brought forward from the previous period14P€1.76M€3.25M▲
Transfer to equity691/2€2k€0▼
To the legal reserve6920€2k€0▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
27-05
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · IMMO AUDIOVISUEL CONSTRUCT BV VLEURGATSE STEENWEG 291, 1050 ELSENE · event 21-05-2024
2023
11-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2019net €2.10M ▲40.1%
Operating result €2.11M, net result €2.10M, both a record.
31-12
Financial
Equity above €5MEq €5.37M ▲64.1%
4 profitable years in a row build equity to €5.37M.
18-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 140 days late
18-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 505 days late
17-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 869 days late
2021
31-12
Financial
Equity above €2MEq €3.28M ▲84.4%
3 profitable years in a row build equity to €3.28M.
2020
31-12
Financial
Equity above €1MEq €1.78M ▲109%
2 profitable years in a row build equity to €1.78M.
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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
1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ground area
256 m²
Building footprint
220 m²
Volume, LiDAR
3,156 m³
2 parcels, Brussels · tallest building 21.0 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Establishment
since 20202.302.468.511
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21447B0275/00G003 | Brussels | 132 m² | 1 · 96 m² | 19.9 m · 6 fl. |
| 21305C0266/00S010 | Brussels | 124 m² | 1 · 124 m² | 21.0 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GUNTHER PEETERS KUNSTLAAN 24 BUS 9,
1000 BRUSSEL 1 |
21-05-2024 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteAnderlecht2.302.468.511
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded10-12-2018
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:amirbaig@ymail.com
Phone:+32478447540