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AAS Concept

Active
Private limited companyfounded 2024active for 2 yearsExcelsiorlaan 10, 1930 Zaventem, Belgium119 active companies are registered at this addressKBO/BCE: BE 1015.289.991

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of AAS Concept is 2.3% (moderate). The 2025 annual accounts show equity of €11,573 and a net result of €8,573. Its solvency ranks better than 35% of 9,368 sector peers (NACE 41, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
09-07-2026
Format
micro format
Reference
2026-00273445
Turnover
≈ €260,000
Estimated: probably between €130,000 and €460,000
Total assets
€40,424
Net result
€8,573
Working capital
€2,032

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €40,424
Fixed assets €9,542
Current assets €30,882
Equity and liabilities €40,424
Equity €11,573
Debt €28,851
Debt finances 71.4% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€15,062
Cash flow
€11,972
Current ratio
1.07
Debt to equity
2.49
ROE
74.1%
ROA
21.2%
Interest coverage
over 100
Debt ≤ 1 year
€28,851
Income taxes
€2,968

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94.3% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 7,976 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
Filed annual accounts As filed with the NBB · 2025 · 35 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 09-07-2026.

Balance sheet Code2025
Assets
Total assets20/58€40,424
Fixed assets21/28€9,542
Tangible fixed assets22/27€9,392
Furniture and vehicles24€9,392
Financial fixed assets28€150
Current assets29/58€30,882
Amounts receivable within one year40/41€21,495
Trade receivables40€17,697
Other amounts receivable41€3,797
Cash at bank and in hand54/58€7,887
Deferred charges and accrued income490/1€1,501
Equity and liabilities
Total equity and liabilities10/49€40,424
Equity10/15€11,573
Contributions10/11€3,000
Profit (loss) carried forward14€8,573
Amounts payable17/49€28,851
Amounts payable within one year42/48€28,851
Trade debts44€22,475
Suppliers440/4€22,475
Taxes, remuneration and social security45€2,968
Taxes450/3€2,968
Other amounts payable47/48€3,407
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,399
Other operating charges640/8€6,178
Gross operating margin9900€21,240
Operating profit (loss)9901€11,663
Financial income75/76B€3
Recurring financial income75€3
Financial charges65/66B€125
Recurring financial charges65€125
Profit (loss) for the period before taxes9903€11,541
Income taxes67/77€2,968
Profit (loss) for the period9904€8,573
Profit (loss) for the period to be appropriated9905€8,573
Appropriation of the result
Profit (loss) to be appropriated9906€8,573

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,399
Other operating charges640/8€6,178
Gross operating margin9900€21,240
Operating profit (loss)9901€11,663
Financial income75/76B€3
Recurring financial income75€3
Financial charges65/66B€125
Recurring financial charges65€125
Profit (loss) for the period before taxes9903€11,541
Income taxes67/77€2,968
Profit (loss) for the period9904€8,573
Profit (loss) for the period to be appropriated9905€8,573
Line2025
Assets
Total assets20/58€40,424
Fixed assets21/28€9,542
Tangible fixed assets22/27€9,392
Furniture and vehicles24€9,392
Financial fixed assets28€150
Current assets29/58€30,882
Amounts receivable within one year40/41€21,495
Trade receivables40€17,697
Other amounts receivable41€3,797
Cash at bank and in hand54/58€7,887
Deferred charges and accrued income490/1€1,501
Equity and liabilities
Total equity and liabilities10/49€40,424
Equity10/15€11,573
Contributions10/11€3,000
Profit (loss) carried forward14€8,573
Amounts payable17/49€28,851
Amounts payable within one year42/48€28,851
Trade debts44€22,475
Suppliers440/4€22,475
Taxes, remuneration and social security45€2,968
Taxes450/3€2,968
Other amounts payable47/48€3,407
Line2025
Profit (loss) for the period9904€8,573
+ Depreciation and write-downs630€3,399
Operating cash flow (approximation)€11,972

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 09-07-2026 2026-00273445 NBB

Similar companies · same sector, comparable size

Of the 29,223 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,406. 10,152 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.