AVKO
ActiveThe computed 12-month bankruptcy probability of AVKO is 6.6% (elevated). The 2024 annual accounts show equity of €25k and a net result of €10k. Equity is growing by ~31.6% per year across the filed fiscal years. Its solvency ranks better than 81% of 18937 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
100
/ 100
Excellent▲ +7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
6.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.93 against 4.62 in 2023), and 33.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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 dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
66.2%
Return on assets
27.3%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
71 d late
2023
3 d early
2022
17 d late
2021
3 d early
2020
20 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€25k▲ 70.0%
2023 · €15k
2020: €8k
2021: €8k
2022: €11k
2023: €15k
2020 → 2024
Total assets
€38k▲ 103%
2023 · €19k
2020: €8k
2021: €8k
2022: €16k
2023: €19k
2020 → 2024
Net result
€10k▲ 190%
2023 · €4k
2020: €4k
2022: €3k
2023: €4k
2020 → 2024
Working capital
€25k▲ 74.8%
2023 · €14k
2020: €8k
2021: €8k
2022: €10k
2023: €14k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€8k-€8k=€11k▲ 44.3%€15k▲ 31.9%€25k▲ 70.0%
Operating result€3k-€3k€4k▲ 3.8%€11k▲ 216%
Net result€4k-€3k€4k▲ 3.8%€10k▲ 190%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 216% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €38k
Fixed assets
€440▼ 33.3%
Current assets
€38k▲ 108%
Equity and liabilities €38k
Equity
€25k▲ 70.0%
Debt
€13k▲ 228%
The debt ratio rises from 20.9% to 33.8%: debt grows faster than equity.
Key figures and ratios
EBITDA
€12k▲
2023 · €4k
Cash flow
€11k▲
2023 · €4k
Solvency
66.2%▼
2023 · 79.1%
Current ratio
2.93▼
2023 · 4.62
Quick ratio
2.93▼
2023 · 4.58
Debt / equity
0.51▲
2023 · 0.26
ROE
41.2%▲
2023 · 24.2%
ROA
27.3%▲
2023 · 19.1%
Interest coverage
48.15
Debt
€13k▲
2023 · €4k
Debt ≤ 1 year
€13k▲
2023 · €4k
Income taxes
€693
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€19k€38k▲
Fixed assets21/28€660€440▼
Tangible fixed assets22/27€660€440▼
Plant, machinery and equipment23€660€440▼
Current assets29/58€18k€38k▲
Stocks and contracts in progress3€165-
Stocks30/36€165-
Amounts receivable within one year40/41€7k€33k▲
Other amounts receivable41€7k€33k▲
Cash at bank and in hand54/58€11k€5k▼
Equity and liabilities
Total equity and liabilities10/49€19k€38k▲
Equity10/15€15k€25k▲
Contributions10/11€4k€4k=
Profit (loss) carried forward14€11k€21k▲
Amounts payable17/49€4k€13k▲
Amounts payable within one year42/48€4k€13k▲
Trade debts44-€12k
Bills of exchange payable441-€12k
Taxes, remuneration and social security45€4k€1k▼
Taxes450/3€4k€1k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€220€220=
Other operating charges640/8-€385
Gross operating margin9900€4k€12k▲
Operating profit (loss)9901€4k€11k▲
Financial charges65/66B-€240
Recurring financial charges65-€240
Profit (loss) for the period before taxes9903€4k€11k▲
Income taxes67/77-€693
Profit (loss) for the period9904€4k€10k▲
Profit (loss) for the period to be appropriated9905€4k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€21k▲
Profit (loss) brought forward from the previous period14P€7k€11k▲
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
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 71 days late
2024
31-12
Financial
Highest result since 2020net €10k ▲190%
Operating result €11k, net result €10k, both a record.
28-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
31-12
Financial
Weakest financial yearnet €3k ▼9.2%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2025
Yunus YILDIRIM
CurrentDirector · since 14-05-2025
14-05-2025
Yunus YILDIRIM: Appointed as Director
14-05-2025
Erdal KOCA: Resigned as Director
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2019
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.
Werkhuizenkaai 1601000 BrusselGround area
3.7 ha
Building footprint
112 m²
Volume, LiDAR
927 m³
2 parcels, Brussels · tallest building 16.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
AVKO
since 20192.295.779.469
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21813F0611/00L000 | Brussels | 3.7 ha | 1 · 48 m² | 11.0 m · 1 fl. |
| 21014A0435/03R003 | Brussels | 64 m² | 1 · 63 m² | 16.5 m · 5 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Joost-ten-Node2.295.779.469
Similar companies · same sector, comparable size
FLY Coffee and Lunchbar
BE 1007.753.091
Balen · Eq €25k
TURO-TURO
BE 0685.702.403
Kapellen · Eq €25k
DE STER TAVERNE RESTAURANT
BE 0462.384.548
Sint-Niklaas · Eq €25k
DOWINA
BE 0474.875.673
Lievegem · Eq €25k
ARPAIJE - Association pour la Rémotivation, la Promotion et l'Aide A l'Insersion des Jeunes
BE 0435.786.752
Elsene · Eq €25k
Of 20,234 companies in sector 56111 we hold annual accounts for 11,312. 9,092 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-11-2019
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
47120Other non-specialised retail sale
47910Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.