AAS+
ActiveSummary
AAS+ has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€35,577) and a net result of -€50,237. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 304 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability41▼-28
Solvency16▼-12
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.46 against 0.62 in 2024; short-term debt: 108.6% and cash: 22.5% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
-8.6%
Return on assets
-12.2%
Age of the figures
9 mo
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€35,577
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
16 d early
2023
33 d early
2022
7 d early
2021
4 d early
2020
45 d early
2019
95 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 3 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€50,237
2024 · €852
Working capital
-€242,048▼ 41.4%
2024 · -€171,162
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€30,552▼ 67.2%-€75,347-€87,315▼ 15.9%€1,860-€48,983
Net result€29,257▼ 71.7%-€78,703-€89,547▼ 13.8%€852-€50,237
Equity€182,058▲ 19.1%€103,355▼ 43.2%€13,808▼ 86.6%€14,659▲ 6.2%-€35,577
Total assets€532,132▼ 12.0%€586,589▲ 10.2%€420,871▼ 28.3%€463,990▲ 10.2%€412,118▼ 11.2%
Debt€350,074▼ 22.6%€483,234▲ 38.0%€407,064▼ 15.8%€449,330▲ 10.4%€447,696▼ 0.4%
Working capital-€73,240▲ 50.2%-€125,141▼ 70.9%-€177,997▼ 42.2%-€171,162▲ 3.8%-€242,048▼ 41.4%
Staff (FTE)22.5=22.6▲ 0.4%13.2▼ 41.6%4.4▼ 66.7%5.4▲ 22.7%
Why a figure moved sharply
- 2024 Staff (FTE) -67% on 2023. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €48,983 after €1,860 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €412,118
Fixed assets
€206,470 ▲ 11.1%
Current assets
€205,648 ▼ 26.1%
Key figures and ratios
EBITDA
€5,692▼
2024 · €43,001
Cash flow
€4,438▼
2024 · €41,993
Solvency
-8.6%▼
2024 · 3.2%
Current ratio
0.46▼
2024 · 0.62
Quick ratio
0.45▼
2024 · 0.59
Debt to equity
-12.58▼
2024 · 30.65
ROA
-12.2%▼
2024 · 0.2%
Interest coverage
4.54▼
2024 · 38.78
Debt ≤ 1 year
€447,696▼
2024 · €449,330
Staff costs
€224,194▲
2024 · €198,319
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,943 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.5%
went bankrupt
8.1%
stopped otherwise
85%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,943 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €474,006 | €698,954 | €467,434 | €198,319 | €224,194 | ▲ 13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,497 | €33,786 | €34,228 | €41,141 | €54,674 | ▲ 32.9% |
| Other operating charges640/8 | €34,487 | €2,531 | €24,733 | €225 | €225 | = |
| Gross operating margin9900 | €571,541 | €659,924 | €439,080 | €241,544 | €230,111 | ▼ 4.7% |
| Operating profit (loss)9901 | €30,552 | -€75,347 | -€87,315 | €1,860 | -€48,983 | ▼ 2,734% |
| Financial income75/76B | €586 | €319 | €16 | €101 | - | - |
| Recurring financial income75 | €586 | €319 | €16 | €101 | - | - |
| Financial charges65/66B | €1,881 | €3,675 | €2,247 | €1,109 | €1,254 | ▲ 13.1% |
| Recurring financial charges65 | €1,881 | €3,675 | €2,247 | €1,109 | €1,254 | ▲ 13.1% |
| Profit (loss) for the period before taxes9903 | €29,257 | -€78,703 | -€89,547 | €852 | -€50,237 | ▼ 5,998% |
| Profit (loss) for the period9904 | €29,257 | -€78,703 | -€89,547 | €852 | -€50,237 | ▼ 5,998% |
| Profit (loss) for the period to be appropriated9905 | €29,257 | -€78,703 | -€89,547 | €852 | -€50,237 | ▼ 5,998% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €532,132 | €586,589 | €420,871 | €463,990 | €412,118 | ▼ 11.2% |
| Fixed assets21/28 | €255,297 | €231,268 | €191,805 | €185,821 | €206,470 | ▲ 11.1% |
| Tangible fixed assets22/27 | €250,147 | €226,118 | €186,655 | €180,671 | €201,320 | ▲ 11.4% |
| Land and buildings22 | €139,117 | €124,267 | €90,000 | €77,501 | €78,100 | ▲ 0.8% |
| Plant, machinery and equipment23 | €107,582 | €92,452 | €91,506 | €99,817 | €120,254 | ▲ 20.5% |
| Furniture and vehicles24 | €3,449 | €9,399 | €5,149 | €3,353 | €2,966 | ▼ 11.5% |
| Financial fixed assets28 | €5,150 | €5,150 | €5,150 | €5,150 | €5,150 | = |
| Current assets29/58 | €276,835 | €355,321 | €229,067 | €278,168 | €205,648 | ▼ 26.1% |
| Stocks and contracts in progress3 | €1,500 | €1,575 | €5,365 | €11,721 | €2,269 | ▼ 80.6% |
| Stocks30/36 | €1,500 | €1,575 | €5,365 | €11,721 | €2,269 | ▼ 80.6% |
| Amounts receivable within one year40/41 | €89,640 | €122,144 | €51,175 | €34,363 | €84,221 | ▲ 145% |
| Trade receivables40 | €88,175 | €119,523 | €25,363 | €32,022 | €79,113 | ▲ 147% |
| Other amounts receivable41 | €1,465 | €2,620 | €25,812 | €2,341 | €5,109 | ▲ 118% |
| Cash at bank and in hand54/58 | €185,694 | €146,335 | €70,827 | €201,425 | €92,684 | ▼ 54.0% |
| Deferred charges and accrued income490/1 | - | €85,268 | €101,700 | €30,660 | €26,473 | ▼ 13.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €532,132 | €586,589 | €420,871 | €463,990 | €412,118 | ▼ 11.2% |
| Equity10/15 | €182,058 | €103,355 | €13,808 | €14,659 | -€35,577 | ▼ 343% |
| Profit (loss) carried forward14 | €182,058 | €103,355 | €13,808 | €14,659 | -€35,577 | ▼ 343% |
| Amounts payable17/49 | €350,074 | €483,234 | €407,064 | €449,330 | €447,696 | ▼ 0.4% |
| Amounts payable within one year42/48 | €350,074 | €480,462 | €407,064 | €449,330 | €447,696 | ▼ 0.4% |
| Trade debts44 | €19,777 | €111,558 | €25,588 | €29,303 | €53,576 | ▲ 82.8% |
| Suppliers440/4 | €19,777 | €111,558 | €25,588 | €29,303 | €53,576 | ▲ 82.8% |
| Taxes, remuneration and social security45 | €30,155 | €68,684 | €40,202 | €26,682 | €33,873 | ▲ 27.0% |
| Taxes450/3 | €17,501 | €8,381 | €3,321 | €3,915 | €4,943 | ▲ 26.2% |
| Remuneration and social security454/9 | €12,653 | €60,303 | €36,881 | €22,767 | €28,930 | ▲ 27.1% |
| Accrued charges and deferred income492/3 | - | €2,772 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,257 | -€78,703 | -€89,547 | €852 | -€50,237 | ▼ 5,998% |
| + Depreciation and write-downs630 | €32,497 | €33,786 | €34,228 | €41,141 | €54,674 | ▲ 32.9% |
| Operating cash flow (approximation) | €61,754 | -€44,917 | -€55,319 | €41,993 | €4,438 | ▼ 89.4% |
| Investment in fixed assets (approximation) | - | -€9,756 | €5,235 | -€35,158 | -€75,323 | ▼ 114% |
| Change in cash | - | -€39,359 | -€75,508 | €130,598 | -€108,741 | ▼ 183% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €852
Net result €852 after 2 loss-making years.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet -€89,547
Net result drops to -€89,547, the lowest in the series; recovery starts the following year.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €103,219
Net result €103,219 after one loss-making year.
31-12
Financial
Equity above €150,000Eq €152,800 ▲208%
Equity rises from €49,581 to €152,800.
03-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 95 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
29-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 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, Oud-Turnhout · 2 establishment units since 2014
Ground area
5,483 m²
Building footprint
1,101 m²
Volume, LiDAR
8,556 m³
2 parcels, Flanders · tallest building 9.3 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
2 establishment units
AAS+
since 20142.232.485.286
WASSERIJ GUDRUN
since 20182.329.948.314
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13031C0781/00B000 | Flanders | 4,591 m² | 1 · 887 m² | 9.3 m · 3 fl. |
| 13453O0736/00L003 | Flanders | 892 m² | 1 · 215 m² | 6.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 412,941 EUR awarded · 412,942 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 48,368 EUR |
| 2023 | 1 | 165,265 EUR | 116,898 EUR |
| 2022 | 1 | 247,676 EUR | 247,676 EUR |
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Of 998 companies in sector 96102 we hold annual accounts for 458. 308 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded10-02-2014
Fiscal year end31-12
Activities, NACEBEL 2025
88999Other social work without accommodation
96102Launderettes and laundries for private customers
43990Other specialised construction activities
56309Food and beverage service activities
95290Repair and maintenance of other personal and household goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0545994093
Registered
25-11-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.