A-Nash-thetic
ActiveThe computed 12-month bankruptcy probability of A-Nash-thetic is 2.1% (moderate). The 2025 annual accounts show equity of €468k and a net result of €153k. Equity is growing by ~47.1% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
100
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78▲+26
Stability94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 11.09 against 8.35 in 2024), and 14% 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.
−lowers risk+raises risk○neutral
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
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
86%
Return on assets
28.2%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
2 d early
2024
2 d early
2023
280 d late
2022
8 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€468k▲ 48.7%
2024 · €315k
2022: €152k
2023: €207k
2024: €315k
2022 → 2025
Total assets
€544k▲ 33.8%
2024 · €407k
2022: €373k
2023: €325k
2024: €407k
2022 → 2025
Net result
€153k▲ 39.4%
2024 · €110k
2022: €150k
2023: €57k
2024: €110k
2022 → 2025
Working capital
€409k▲ 53.1%
2024 · €267k
2022: €-22k
2023: €161k
2024: €267k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€152k-€207k▲ 36.2%€315k▲ 52.4%€468k▲ 48.7%
Operating result€199k-€80k▼ 59.9%€143k▲ 78.5%€202k▲ 41.3%
Net result€150k-€57k▼ 62.4%€110k▲ 94.3%€153k▲ 39.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 41% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €544k
Fixed assets
€95k▼ 8.4%
Current assets
€450k▲ 48.1%
Equity and liabilities €544k
Equity
€468k▲ 48.7%
Debt
€76k▼ 17.2%
The debt ratio falls from 22.6% to 14.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€232k▲
2024 · €169k
Cash flow
€184k▲
2024 · €137k
Solvency
86.0%▲
2024 · 77.4%
Current ratio
11.09▲
2024 · 8.35
Quick ratio
11.09▲
2024 · 8.35
Debt / equity
0.16▼
2024 · 0.29
ROE
32.7%▼
2024 · 34.9%
ROA
28.2%▲
2024 · 27.0%
Interest coverage
291.34▲
2024 · 188.39
Debt
€76k▼
2024 · €92k
Debt ≤ 1 year
€41k▲
2024 · €36k
Debt > 1 year
€35k▼
2024 · €55k
Income taxes
€48k▲
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€407k€544k▲
Fixed assets21/28€103k€95k▼
Tangible fixed assets22/27€102k€94k▼
Plant, machinery and equipment23€8k€17k▲
Furniture and vehicles24€94k€77k▼
Financial fixed assets28€750€750=
Current assets29/58€304k€450k▲
Amounts receivable within one year40/41€98k€245k▲
Other amounts receivable41€98k€245k▲
Cash at bank and in hand54/58€54k€20k▼
Deferred charges and accrued income490/1€152k€184k▲
Equity and liabilities
Total equity and liabilities10/49€407k€544k▲
Equity10/15€315k€468k▲
Contributions10/11€3k€3k=
Reserves13€312k€465k▲
Distributable reserves133€312k€465k▲
Amounts payable17/49€92k€76k▼
Amounts payable after more than one year17€55k€35k▼
Financial debts170/4€55k€35k▼
Amounts payable within one year42/48€36k€41k▲
Current portion of amounts payable after more than one year42€20k€20k▲
Trade debts44€9k€5k▼
Suppliers440/4€9k€5k▼
Taxes, remuneration and social security45€6k€15k▲
Taxes450/3€480€15k▲
Remuneration and social security454/9€6k-
Other amounts payable47/48€1k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€31k▲
Other operating charges640/8€200€285▲
Gross operating margin9900€170k€233k▲
Operating profit (loss)9901€143k€202k▲
Financial income75/76B-€6
Recurring financial income75-€6
Financial charges65/66B€899€797▼
Recurring financial charges65€899€797▼
Profit (loss) for the period before taxes9903€142k€201k▲
Income taxes67/77€32k€48k▲
Profit (loss) for the period9904€110k€153k▲
Profit (loss) for the period to be appropriated9905€110k€153k▲
Appropriation of the result
Profit (loss) to be appropriated9906€110k€153k▲
Transfer to equity691/2€108k€153k▲
To other reserves6921€108k€153k▲
Profit to be distributed694/7€2k-
Return on contributions (dividend)694€2k-
The notes to these accounts (7 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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2022net €153k ▲39.4%
Operating result €202k, net result €153k, both a record.
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 280 days late
2023
30-06
Financial
Weakest financial yearnet €57k ▼62.4%
Net result drops to €57k, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity times 5current ratio 4.77
Current ratio from 0.90 to 4.77; short-term debt falls from €221k to €43k.
30-06
Financial
Equity above €200kEq €207k ▲36.2%
2 profitable years in a row build equity to €207k.
23-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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
Registered office, Zelzate · 1 establishment unit since 2021
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.
Poelstraat 39060 ZelzateGround area
1,963 m²
Building footprint
273 m²
Volume, LiDAR
1,720 m³
Parcel 43018A0268/00P000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
A-Nash-thetic
since 20212.313.785.045
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43018A0268/00P000 | Flanders | 1,962 m² | 1 · 273 m² | 9.3 m · 2 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.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-02-2021
Fiscal year end30-06
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.