A.S.A. CONSTRUCT
The computed 12-month bankruptcy probability of A.S.A. CONSTRUCT is 1.8% (moderate). The 2025 annual accounts show equity of €28k and a net result of €6k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 10% of 343 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €28k |
| Net result | €6k |
| Better than sector | 10% |
| Active | 8 yrs |
Mixed profile: strong on profitability, weaker on solvency.
All 5 axes are computed from data Checked has read.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →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 | 6.0% | 39.1% | |
| Net result | €6k | €40k | |
| Equity | €28k | €193k | |
| Gross operating margin | €194k | €230k | |
| Staff costs | €165k | €224k |
Figures by fiscal year and ratios
| Fiscal year | 2025 |
|---|---|
| Deposit | abbreviated schema |
| Revenue | - |
| EBITDA | €24k |
| Net profit | €6k |
| Cash flow | €22k |
| Staff costs | €165k |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €472k |
| Equity | €28k |
| Debt | €443k |
| of which ≤ 1y | €443k |
| of which > 1y | - |
| Working capital | €-131k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.70 |
| Quick ratio | 0.69 |
| Working capital ratio | -27.9% |
| Solvency | 6.0% |
| Debt / equity | 15.60 |
| Long-term debt ratio | - |
| Interest coverage | 315.66 |
| Gross margin | - |
| Net margin | - |
| ROA | 1.3% |
| ROE | 20.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | 144d |
| Inventory turnover | 80.55 |
| Days inventory (DSI) | 5d |
Full annual accounts (23 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €472k |
| Fixed assets | 21/28 | €160k |
| Tangible fixed assets | 22/27 | €157k |
| Financial fixed assets | 28 | €3k |
| Current assets | 29/58 | €312k |
| Stocks & contracts in progress | 3 | €8k |
| Amounts receivable within one year | 40/41 | €71k |
| Cash & bank | 54/58 | €232k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €472k |
| Equity | 10/15 | €28k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €8k |
| Amounts payable | 17/49 | €443k |
| Amounts payable within one year | 42/48 | €443k |
| Trade debts payable within one year | 44 | €256k |
| Income statement | ||
| Gross operating margin | 9900 | €194k |
| Operating result | 9901 | €8k |
| Financial charges | 65 | €77 |
| Result before taxes | 9903 | €8k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €6k |
| Result to be appropriated | 9905 | €6k |
-
Current18-11-2024 → present
Former directors (2)
-
Former23-01-2018 → 01-02-2021
2 events
- 01-02-2021 Resigned· Director
- 23-01-2018 Appointed· Managing director
-
Former- → 01-02-2021
| NACE primary | Other specialised construction activities(43990) |
| Legal form | Private limited company(610) |
| Incorporation | 09-01-2018 |
| Status | Active |
| Postal code | 1082 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21003A0312/00Z010 | Brussels | 341 m² | 1 · 119 m² | 13.7 m · 1 fl. |
| 21523B0820/02W005 | Brussels | 89 m² | 1 · 77 m² | 13.9 m · 4 fl. |
14-08-2026 NBB filing Annual accounts filed
16-07-2025 NBB filing Annual accounts filed
18-11-2024 State Gazette act Statutes amendment
04-09-2024 NBB filing Annual accounts filed
19-10-2023 NBB filing Annual accounts filed
30-05-2023 State Gazette act Capital & shares
31-08-2022 NBB filing Annual accounts filed
31-08-2021 NBB filing Annual accounts filed
09-03-2021 State Gazette act Capital & shares
21-08-2020 NBB filing Annual accounts filed
26-08-2019 NBB filing Annual accounts filed
05-02-2018 State Gazette act Director changes
11-01-2018 State Gazette act Incorporation
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
18-11-2024 Articles of association amended
Technical details
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}30-05-2023 Transaction in capital or shares
Technical details
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}09-03-2021 Transaction in capital or shares
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}05-02-2018 DAUTI Redzep appointed as managing director
- DAUTI Redzep, Gedelegeerd bestuurder
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}11-01-2018 Incorporation of a new SNC
Technical details
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}| Legal nameFR | A.S.A. CONSTRUCT |