Equity
€3.1m ▲ 28.2%
A&s partners has made a profit in every financial year since 2007.
A&s partners
Lifetime
19 annual accounts with figures on one time axispeak €3.7m (2025)
€3.7m▲ 9.6%
peak €685,896 (2021)
€684,013▲ 134%
peak €3.1m (2025)
€3.1m▲ 28.2%
€645,705▲ 36.6%
peak 36 FTE (2023)
33.6 FTE▼ 1.8%
Board8 names since 2017
3 directorsDE LAET Werner Florentine and 2 others
Owners3 names in the annual accounts
100%ORANGE BELGIUM
Documentsfilings and deeds
29-06-202632 days before the deadline
2025financial year
Result from €292,278 to €684,013Resignation: Antoine CHOUC (director) 11-03Equity from €2.4m to €3.1mDebts from €472,824 to €645,705Cash from €2.2m to €1.4m
Key points
from the 2025 annual accountsResult
€684,013 ▲ 134%
The result rose in 2025 from €292,278 to €684,013.
Staff
33 employees on 31-12-2025
In 2025, 8 people joined and 9 left.
Payment terms
43 days to suppliers
A&s partners pays its suppliers 10 days later than in 2024. Customers pay 19 days later.
Filings
19 annual accounts since 2007
The last five annual accounts were filed 32 to 54 days before the end of the period.
Position in the sector
82.0%
Higher solvency than 93% of companies in telecommunications. Sector median 34.3% · 96 companies.
Checked score
99
Excellent
Financially stronger than 89% of small companies in telecommunications (NACE 61)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 61 companies (NACE 61, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: 0.1%▲ +0.1 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026highest value
10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Telecommunications (NACE 61)
lowers risk
Liquidity: current ratio 5.72, cash €1.4m
Founded in 2006
Equity €3.1m (82.0% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 61, small). It does better than 96% of them on solvency, 98% on liquidity, 93% on profitability and 68% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 17,811 companies had the same profile as A&s partners has now. Each dot stands for 45 companies, two years later.
96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
That fits the bankruptcy probability of A&s partners itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,811 companies, not a prediction for A&s partners. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €300,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.72 (5.89 in 2024), above the usual 1.5. Short-term debt is 17% and cash 36.8% of total assets. 18% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 days early
2024
49 days early
2023
49 days early
2022
54 days early
2021
52 days early
2020
52 days early
2019
51 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 48 days before the deadline. In the sector (NACE 61), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 12 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- ORANGE BELGIUM 100%score 69equity €864.1m (2025) · deed of 28-09-2026
- ORANGE BELGIUM SA consolidatesannual accounts 2025
Recent changes
Merger proposal: to be absorbed by Orange Belgium SA/NV
Orange Belgium SA/NV holds all the shares · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0885920794
Resignation: Antoine CHOUC (director)
Appointment: BOUCHET Gildas (director) · General meeting of 17-02-2025 · Gazette deed
1 director appointed, 1 statutory auditor appointed, 2 resignations, 1 resignation, 2 reappointments
Resignations: DESSART Paul Marie Dominique Clément, DE LAET Werner Florentine and KPMG Réviseurs d’Entreprises (statutory auditor) · Reappointments: CHOUC Antoine and DE LAET Werner Florentine · Appointments: JOB Nathalie Louise Mauritius and Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises (statutory auditor) · General meeting of 02-06-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| A&s partners Ixelles | €5.1m | 18.7% | 82.0% | 33.6 |
| One-Telecom Andenne | - | - | 36.2% | 62.5 |
| GATEWAY COMMUNICATIONS Charleroi | €5.0m | 7.3% | 32.9% | 26 |
| Quant ICT Leuven | - | - | 17.1% | 21.1 |
| DIGITALEUROPE Brussels | €12.0m | -1.5% | 39.3% | 56.2 |
| SWARCO Belgium Anderlecht | €15.6m | 12.1% | 33.1% | 31.7 |
| Flexcity Belgium Sint-Gillis (bij-Brussel) | €19.2m | 10.6% | 5.3% | 24.4 |
Grey: the largest companies of the sector (telecommunications (NACE 61)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as A&s partners: wired, wireless and satellite telecommunications (NACE 61100). They are comparable in size and age: total assets between €2m and €11m, founded between 1999 and 2008.
Official details
Source: KBO- Status
- Active since 26-12-2006Normal situation
- Activity
- Wired, wireless and satellite telecommunicationsNACE 61100and 1 other
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.158.657.2021050 Ixelles, since 01-01-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 10-10-2025
Annual accounts 2025
- €3.8m▲ 30.8%
- Employeeson 31-12-2025
- 33▼ 5.7%
- Filing
- Filed on 29-06-2026, 32 days before the end of the filing period
Companies linked to A&s partners
Parent and group
Insights on A&s partners
A&s partners has existed since 2006. The present size dates from 2016. The gross margin rose that year from €660,559 to €1.9m and staff from 7.6 to 28.5 full-time equivalents.
ORANGE BELGIUM holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about A&s partners
- What is the company number of A&s partners?
- The company number of A&s partners is 0885.920.794. The VAT number is the same number with BE in front: BE 0885.920.794.
- Where is A&s partners based?
- The registered office is at Amerikaanse straat 61-65, 1050 Ixelles.Company details
- What does A&s partners do?
- According to the KBO register, the main activity is wired, wireless and satellite telecommunications (NACE 61100).
- What is the legal form of A&s partners?
- A&s partners is a public limited company (NV).
- When was A&s partners founded?
- A&s partners was founded on 26-12-2006.
- Is A&s partners still active?
- Yes, A&s partners is an active enterprise in the KBO register.
- How many employees does A&s partners have?
- A&s partners had an average of 33.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does A&s partners fall under?
- In its 2025 annual accounts, A&s partners states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of A&s partners?
- The turnover of A&s partners was €5.1m in financial year 2025, according to the filed annual accounts.
- Is A&s partners profitable?
- In financial year 2025, A&s partners made a profit of €684,013.
- Where can I find the annual accounts of A&s partners?
- A&s partners filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of A&s partners due?
- A&s partners must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See the other companies in the same group.ORANGE · 86 companies
See how customers, suppliers and banks see your own company and what to improve first.