A.S.J. - CONCEPT
ActiveA.S.J. - CONCEPT has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €79k and a net result of €-5k. Equity is growing by ~15.6% per year across the filed fiscal years. Its solvency ranks better than 61% of 1617 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability65▲+37
Solvency81▲+14
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 5.89 against 6.62 in 2024; short-term debt: 11.7% and cash: 33.1% of total assets), and 43.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
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 2025Solvency, return and age of the figures
Solvency
56.4%
Return on assets
-3.3%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-5k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 10 filingsDeviation from the deadline
2025
25 d late
2024
37 d early
2023
22 d early
2022
23 d late
2021
31 d late
2020
19 d late
2019
27 d late
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€79k▼ 5.6%
2024 · €84k
2018: €23k
2019: €17k
2020: €14k
2021: €54k
2022: €97k
2023: €96k
2024: €84k
2018 → 2025
Total assets
€140k▼ 30.6%
2024 · €202k
2018: €365k
2019: €357k
2020: €342k
2021: €400k
2022: €266k
2023: €244k
2024: €202k
2018 → 2025
Net result
€-5k▲ 61.7%
2024 · €-12k
2018: €630
2019: €-6k
2020: €-3k
2021: €40k
2022: €47k
2023: €-2k
2024: €-12k
2018 → 2025
Working capital
€80k▼ 34.2%
2024 · €121k
2018: €85k
2019: €75k
2020: €69k
2021: €232k
2022: €147k
2023: €149k
2024: €121k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€54k-€97k▲ 80.7%€96k▼ 1.6%€84k▼ 12.7%€79k▼ 5.6%
Operating result€25k-€64k▲ 161%€890▼ 98.6%€-13k€-6k▲ 56.6%
Net result€40k-€47k▲ 17.1%€-2k€-12k▼ 683%€-5k▲ 61.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2025 against €13k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €140k
Fixed assets
€44k▼ 25.5%
Current assets
€96k▼ 32.7%
Equity and liabilities €140k
Equity
€79k▼ 5.6%
Provisions
€42k▼ 49.0%
Debt
€19k▼ 46.8%
The debt ratio falls from 18.0% to 13.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€9k▲
2024 · €2k
Cash flow
€10k▲
2024 · €3k
Solvency
56.4%▲
2024 · 41.5%
Current ratio
5.89▼
2024 · 6.62
Quick ratio
5.89▼
2024 · 6.62
Debt / equity
0.24▼
2024 · 0.43
ROE
-5.9%▲
2024 · -14.6%
ROA
-3.3%▲
2024 · -6.1%
Interest coverage
12.97▲
2024 · 2.03
Debt
€19k▼
2024 · €36k
Debt ≤ 1 year
€16k▼
2024 · €22k
Debt > 1 year
€3k▼
2024 · €15k
Income taxes
€386▲
2024 · €320
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€202k€140k▼
Fixed assets21/28€59k€44k▼
Tangible fixed assets22/27€59k€44k▼
Furniture and vehicles24€16k€7k▼
Other tangible fixed assets26€43k€37k▼
Financial fixed assets28€50€50=
Current assets29/58€143k€96k▼
Amounts receivable after more than one year29€30k€30k=
Other amounts receivable291€30k€30k=
Amounts receivable within one year40/41€3k€19k▲
Trade receivables40-€436
Other amounts receivable41€3k€18k▲
Cash at bank and in hand54/58€110k€46k▼
Deferred charges and accrued income490/1€0€1k▲
Equity and liabilities
Total equity and liabilities10/49€202k€140k▼
Equity10/15€84k€79k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€34k€34k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€28k€28k=
Profit (loss) carried forward14€-12k€-17k▼
Provisions and deferred taxes16€82k€42k▼
Provisions for liabilities and charges160/5€82k€42k▼
Pensions and similar obligations160€82k€42k▼
Amounts payable17/49€36k€19k▼
Amounts payable after more than one year17€15k€3k▼
Financial debts170/4€15k€3k▼
Amounts payable within one year42/48€22k€16k▼
Current portion of amounts payable after more than one year42€12k€12k▲
Trade debts44€2k€4k▲
Suppliers440/4€2k€4k▲
Taxes, remuneration and social security45€1k€744▼
Taxes450/3€1k€744▼
Other amounts payable47/48€7k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€15k=
Provisions for liabilities and charges: additions (uses and reversals)635/8€-19k€-40k▼
Other operating charges640/8€4k€1k▼
Gross operating margin9900€-14k€-30k▼
Operating profit (loss)9901€-13k€-6k▲
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€857€713▼
Recurring financial charges65€857€713▼
Profit (loss) for the period before taxes9903€-12k€-4k▲
Income taxes67/77€320€386▲
Profit (loss) for the period9904€-12k€-5k▲
Profit (loss) for the period to be appropriated9905€-12k€-5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€-17k▼
Profit (loss) brought forward from the previous period14P€20€-12k▼
Transfer from equity791/2€0-
The notes to these accounts (12 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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 25 days late
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
31-12
Financial
Highest result since 2018net €47k ▲17.1%
Operating result €64k, net result €47k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €40k
Net result €40k after 2 loss-making years.
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 20 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 22 days late
2017
25-07
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
3 acts for this company are 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, Laarne · 1 establishment unit since 1995
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.
Eekhoekstraat 559270 LaarneGround area
3,051 m²
Building footprint
179 m²
Volume, LiDAR
827 m³
Parcel 42010C1112/00A000, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Eekhoekstraat 55, 9270 Laarne
since 19952.072.625.130
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42010C1112/00A000 | Flanders | 3,051 m² | 1 · 179 m² | 6.6 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.
Similar companies · same sector, comparable size
TINAX
BE 0447.813.069
Lede · Eq €79k
DEVOS SERVICES
BE 0442.095.217
Bekkevoort · Eq €79k
S.E.T.E.
BE 0440.793.734
Liège · Eq €79k
OEWY S.A.
BE 0452.504.109
Ans · Eq €79k
AHEAD
BE 0439.674.769
Sint-Joost-ten-Node · Eq €79k
Of 2,716 companies in sector 73200 we hold annual accounts for 1,785. 1,274 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-06-1995
Fiscal year end31-12
Activities, NACEBEL
73200Market research and public opinion polling
64200Holdings
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.