AVISAT
AVISAT has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-114k) and a net result of €1k. Equity is shrinking by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 26784 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
| Equity | €-114k |
| Net result | €1k |
| Better than sector | 5% |
| Active | 17 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -726.3% | 47.4% | |
| Net result | €1k | €10k | |
| Equity | €-114k | €60k | |
| Gross operating margin | €5k | €39k | |
| Total assets | €16k | €141k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €4k | €2k | €-35k | €-12k | €12k |
| Net profit | €1k | €-1k | €-37k | €-14k | €10k |
| Cash flow | €3k | €622 | €-36k | €-13k | €11k |
| Staff costs | - | €12k | €15k | €14k | €12k |
| Income taxes | €170 | €130 | €132 | €120 | €117 |
| Dividends | - | - | - | - | - |
| Total assets | €16k | €25k | €20k | €36k | €43k |
| Equity | €-114k | €-116k | €-115k | €-78k | €-64k |
| Debt | €130k | €141k | €135k | €114k | €107k |
| of which ≤ 1y | €130k | €141k | €135k | €114k | €107k |
| of which > 1y | - | - | - | - | - |
| Working capital | €-117k | €-120k | €-121k | €-78k | €-65k |
| Employees (FTE) | - | 1.0 | - | 1.0 | 1.0 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.10 | 0.14 | 0.10 | 0.31 | 0.39 |
| Quick ratio | 0.06 | 0.11 | 0.03 | 0.22 | 0.27 |
| Working capital ratio | -745.7% | -484.3% | -604.9% | -218.2% | -153.6% |
| Solvency | -726.3% | -465.5% | -573.3% | -215.9% | -150.4% |
| Debt / equity | -1.14 | -1.21 | -1.17 | -1.46 | -1.67 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | 5.43 | 1.96 | -50.79 | -11.85 | 13.37 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 8.9% | -4.1% | -185.2% | -37.8% | 23.1% |
| ROE | -1.2% | 0.9% | 32.3% | 17.5% | -15.4% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €16k | €25k | €20k | €36k | €43k |
| Fixed assets | 21/28 | €3k | €5k | €6k | €831 | €1k |
| Formation expenses | 20 | €0 | €0 | €0 | - | - |
| Tangible fixed assets | 22/27 | €3k | €5k | €6k | €831 | €1k |
| Current assets | 29/58 | €13k | €20k | €14k | €35k | €41k |
| Stocks & contracts in progress | 3 | €5k | €5k | €9k | €11k | €12k |
| Amounts receivable within one year | 40/41 | €5k | €12k | - | - | €11k |
| Cash & bank | 54/58 | €2k | €3k | €3k | €24k | €17k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €16k | €25k | €20k | €36k | €43k |
| Equity | 10/15 | €-114k | €-116k | €-115k | €-78k | €-64k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | €19k |
| Accumulated profits (losses) | 14 | €-133k | €-134k | €-133k | €-96k | €-83k |
| Amounts payable | 17/49 | €130k | €141k | €135k | €114k | €107k |
| Amounts payable within one year | 42/48 | €130k | €141k | €135k | €114k | €107k |
| Trade debts payable within one year | 44 | €6k | €25k | €12k | €12k | €8k |
| Income statement | ||||||
| Gross operating margin | 9900 | €5k | €16k | €-17k | €5k | €26k |
| Operating result | 9901 | €2k | €-118 | €-36k | €-12k | €11k |
| Financial income | 75 | - | €3 | - | €0 | - |
| Financial charges | 65 | €726 | €779 | €687 | €1k | €896 |
| Result before taxes | 9903 | €2k | €-894 | €-37k | €-13k | €10k |
| Income taxes | 67/77 | €170 | €130 | €132 | €120 | €117 |
| Net result for the period | 9904 | €1k | €-1k | €-37k | €-14k | €10k |
| Result to be appropriated | 9905 | €1k | €-1k | €-37k | €-14k | €10k |
| NACE primary | General electrical installation work(43211) |
| Legal form | Private limited company(610) |
| Incorporation | 08-07-2009 |
| Status | Active |
| Postal code | 2060 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11805E0482/00N002 | Flanders | 104 m² | 1 · 104 m² | 11.4 m · 3 fl. |
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
22-12-2023 Accofin BV appointed as managing director
- Accofin BV, Gedelegeerd bestuurder
Technical details
{
"events": [
{
"kind": "decharge_pending",
"role": "zaakvoerder",
"person": {
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"name": "BAIRI Abderrahmane",
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},
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"evidence_quote": "De algemene vergadering zal op de volgende jaarvergadering beslissen over de kwijting aan de ontslagnemende zaakvoerder voor de uitoefening van zijn mandaat.",
"decharge_status": "pending_next_agm",
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{
"kind": "delegation_dagelijks_bestuur_in",
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"address": "Hagedoornlaan 5A te 2970 Schilde",
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},
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"evidence_quote": "De algemene vergadering beslist Accofin BV (BE0862.066.318), Hagedoornlaan 5A te 2970 Schilde, als bijzondere gevolmachtigde met macht van indeplaatsstelling aan te stellen teneinde al het nodige te doen bij de Kruispuntbank Ondernemingen (K.B.O.), bij het rechtspersonenregister, bij het onderneming",
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},
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}
],
"notary": {
"name": "Emmanuel Van Roosbroeck",
"firm_city": null,
"firm_name": null,
"office_city": "Antwerpen",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-12-22",
"filing_date": "2023-12-20",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2023-11-29",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-11-29",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-11-29",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-11-29",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-11-29",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-11-29",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-11-29",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0816.899.257",
"name_full": "AVISAT",
"legal_form": "BV"
},
"publication_proxy": {
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"person_name": "Emmanuel Van Roosbroeck",
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"person_role_at_subject": "notaris"
},
"co_filed_documents": [
"uitgifte van akte statutenwijziging"
],
"corrected_publication_numac": null
}| Legal nameNL | AVISAT |