IMMO-AVROY
ActiveIMMO-AVROY has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €136k and a net result of €88k. Equity remains stable across the filed fiscal years (±0.1% per year). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
83
/ 100
Excellent▼ -14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency58=
Growth60▼-16
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity tight (current ratio 1.29 against 1.14 in 2024), and 67.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
32.9%
Return on assets
21.2%
Age of the figures
8 mo
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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
62 d early
2023
64 d early
2022
49 d early
2021
60 d early
2020
51 d early
2019
49 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€199k▼ 3.3%
2024 · €206k
2018: €107k
2019: €109k
2020: €88k
2021: €106k
2022: €183k
2023: €174k
2024: €206k
2018 → 2025
EBIT margin
61.3%▼ 2.9pp
2024 · 64.2%
2018: 38.5%
2019: 55.1%
2020: 32.4%
2021: 78.2%
2022: 32.5%
2023: 66.4%
2024: 64.2%
2018 → 2025
Net result
€88k▼ 7.7%
2024 · €95k
2018: €29k
2019: €41k
2020: €19k
2021: €65k
2022: €40k
2023: €82k
2024: €95k
2018 → 2025
Working capital
€68k▲ 105%
2024 · €33k
2018: €-114k
2019: €-95k
2020: €-77k
2021: €-57k
2022: €-19k
2023: €-739
2024: €33k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€106k-€183k▲ 72.9%€174k▼ 4.9%€206k▲ 18.0%€199k▼ 3.3%
Equity€137k-€137k▲ 0.1%€139k▲ 1.4%€140k▲ 0.1%€136k▼ 2.3%
Operating result€83k-€59k▼ 28.3%€116k▲ 94.6%€132k▲ 14.1%€122k▼ 7.6%
Net result€65k-€40k▼ 38.4%€82k▲ 104%€95k▲ 16.0%€88k▼ 7.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 8% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €415k
Fixed assets
€112k▼ 12.8%
Current assets
€303k▲ 12.3%
Equity and liabilities €415k
Equity
€136k▼ 2.3%
Debt
€278k▲ 7.7%
The debt ratio rises from 64.9% to 67.1%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€140k▼
2024 · €150k
Cash flow
€106k▼
2024 · €113k
Solvency
32.9%▼
2024 · 35.1%
Current ratio
1.29▲
2024 · 1.14
Quick ratio
1.29▲
2024 · 1.14
Debt / equity
2.04▲
2024 · 1.85
ROE
64.4%▼
2024 · 68.2%
ROA
21.2%▼
2024 · 23.9%
Interest coverage
23.42▼
2024 · 24.96
Debt
€278k▲
2024 · €258k
Debt ≤ 1 year
€235k▼
2024 · €236k
Debt > 1 year
€16k=
2024 · €16k
Income taxes
€29k▼
2024 · €32k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€398k€415k▲
Fixed assets21/28€128k€112k▼
Tangible fixed assets22/27€126k€108k▼
Land and buildings22€126k€108k▼
Financial fixed assets28€3k€4k▲
Current assets29/58€270k€303k▲
Amounts receivable within one year40/41€56k€35k▼
Trade receivables40€56k€35k▼
Cash at bank and in hand54/58€214k€266k▲
Deferred charges and accrued income490/1€364€1k▲
Equity and liabilities
Total equity and liabilities10/49€398k€415k▲
Equity10/15€140k€136k▼
Contributions10/11€124k€124k=
Capital10€124k€124k=
Issued capital100€124k€124k=
Reserves13€16k€12k▼
Non-distributable reserves130/1€12k€12k=
Legal reserve130€12k€12k=
Distributable reserves133€3k€42▼
Amounts payable17/49€258k€278k▲
Amounts payable after more than one year17€16k€16k=
Other amounts payable178/9€16k€16k=
Amounts payable within one year42/48€236k€235k▼
Trade debts44€0-
Suppliers440/4€0-
Taxes, remuneration and social security45€1k€4k▲
Taxes450/3€1k€4k▲
Other amounts payable47/48€235k€231k▼
Accrued charges and deferred income492/3€6k€27k▲
Income statement
Code20242025
Turnover70€206k€199k▼
Goods, raw materials, services and sundry goods60/61€30k€32k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€18k=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€0
Other operating charges640/8€26k€27k▲
Gross operating margin9900€176k€167k▼
Operating profit (loss)9901€132k€122k▼
Financial income75/76B€793€1k▲
Recurring financial income75€793€1k▲
Financial charges65/66B€6k€6k▼
Recurring financial charges65€6k€6k▼
Profit (loss) for the period before taxes9903€127k€117k▼
Income taxes67/77€32k€29k▼
Profit (loss) for the period9904€95k€88k▼
Profit (loss) for the period to be appropriated9905€95k€88k▼
Appropriation of the result
Profit (loss) to be appropriated9906€95k€88k▼
Transfer from equity791/2-€3k
Transfer to equity691/2€128€0▼
To other reserves6921€128€0▼
Profit to be distributed694/7€95k€91k▼
Return on contributions (dividend)694€95k€91k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €95k ▲16%
Operating result €132k, net result €95k, both a record.
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
01-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €19k ▼54.5%
Net result drops to €19k, the lowest in the series; recovery starts the following year.
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
01-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
25-11-2025
Resigned as Director
Location & real-estate footprint
Registered office, Watermaal-Bosvoorde
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.
Pleisterplaatsstraat 461170 Watermaal-BosvoordeGround area
217 m²
Building footprint
88 m²
Volume, LiDAR
847 m³
Parcel 21017D0003/00W014, Brussels · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21017D0003/00W014 | Brussels | 217 m² | 1 · 88 m² | 12.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
Connections & network
5 connected companiesNetwork connections
Shared address
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Shared address
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Shared address
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Shared address
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Show 1 more network connections
Shared address
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Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded31-08-1989
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.