AASHIANA
Open bankruptcyA bankruptcy procedure is open for AASHIANA according to publications in the Belgian State Gazette; curator: LIEVE TEINTENIER. The 2024 annual accounts show equity of €46k and a net result of €2k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
30 d late
2022
17 d late
2021
23 d late
2020
1 d early
2019
13 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€14k
EBIT margin
56.2%
Net result
€2k▼ 90.2%
2023 · €19k
2019: €8k
2020: €3k
2021: €-1k
2022: €9k
2023: €19k
2019 → 2024
Working capital
€46k▲ 14.5%
2023 · €40k
2019: €14k
2020: €1k
2021: €5k
2022: €19k
2023: €40k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€17k-€16k▼ 7.3%€25k▲ 55.5%€44k▲ 75.9%€46k▲ 4.2%
Operating result€5k-€4k▼ 28.5%€28k▲ 696%€32k▲ 13.2%€20k▼ 37.1%
Net result€3k-€-1k€9k€19k▲ 113%€2k▼ 90.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 37% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €84k
Fixed assets
€12k▼ 42.0%
Current assets
€71k▲ 19.4%
Equity and liabilities €84k
Equity
€46k▲ 4.2%
Debt
€38k▲ 2.4%
The debt ratio falls from 45.9% to 45.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€29k▼
2023 · €38k
Cash flow
€11k▼
2023 · €25k
Solvency
54.5%▲
2023 · 54.1%
Current ratio
2.82▼
2023 · 3.06
Quick ratio
2.82▼
2023 · 3.06
Debt / equity
0.83▼
2023 · 0.85
ROE
4.1%▼
2023 · 43.2%
ROA
2.2%▼
2023 · 23.3%
Interest coverage
1.64▼
2023 · 4.95
Debt
€38k▲
2023 · €37k
Debt ≤ 1 year
€25k▲
2023 · €20k
Debt > 1 year
€13k▼
2023 · €18k
Income taxes
€515▼
2023 · €5k
Staff costs
€4k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€81k€84k▲
Fixed assets21/28€21k€12k▼
Tangible fixed assets22/27€21k€12k▼
Furniture and vehicles24€21k€12k▼
Current assets29/58€60k€71k▲
Amounts receivable within one year40/41€58k€66k▲
Trade receivables40€12k€7k▼
Other amounts receivable41€47k€59k▲
Cash at bank and in hand54/58€2k€5k▲
Equity and liabilities
Total equity and liabilities10/49€81k€84k▲
Equity10/15€44k€46k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€38k€39k▲
Amounts payable17/49€37k€38k▲
Amounts payable after more than one year17€18k€13k▼
Financial debts170/4€18k€13k▼
Amounts payable within one year42/48€20k€25k▲
Current portion of amounts payable after more than one year42€5k€5k▲
Trade debts44€8k€7k▼
Suppliers440/4€8k€7k▼
Taxes, remuneration and social security45€7k€13k▲
Taxes450/3€7k€11k▲
Remuneration and social security454/9-€2k
Income statement
Code20232024
Remuneration, social security and pensions62-€4k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€9k▲
Other operating charges640/8€283€513▲
Non-recurring operating charges66A-€6k
Gross operating margin9900€38k€40k▲
Operating profit (loss)9901€32k€20k▼
Financial charges65/66B€8k€18k▲
Recurring financial charges65€8k€18k▲
Profit (loss) for the period before taxes9903€24k€2k▼
Income taxes67/77€5k€515▼
Profit (loss) for the period9904€19k€2k▼
Profit (loss) for the period to be appropriated9905€19k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€38k€39k▲
Profit (loss) brought forward from the previous period14P€19k€38k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
13-07
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · AASHIANA BV BRUSSELSE- STEENWEG 524/1, 1731 ZELLIK · event 07-07-2026
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2019net €19k ▲113%
Operating result €32k, net result €19k, both a record.
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 23 days late
2021
31-12
Financial
Weakest financial yearnet €-1k ▼141%
Net result drops to €-1k, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 2.22
Current ratio from 1.08 to 2.22; short-term debt falls from €18k to €4k.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
13-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 13 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
19-12-2025
SHAFIQ Mohammad: Resigned as Director
26-04-2019
KAUSAR Khadija: Resigned as Manager
Location & real-estate footprint
Registered office, Asse · 1 establishment unit since 2019
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.
Brusselsesteenweg 5241731 AsseGround area
1,868 m²
Building footprint
343 m²
Volume, LiDAR
3,890 m³
Parcel 23095B0061/00L000, Flanders · tallest building 15.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
AASHIANA
since 20192.286.105.797
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23095B0061/00L000 | Flanders | 1,868 m² | 1 · 343 m² | 15.7 m · 4 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | LIEVE TEINTENIER SYLVAIN DUPUISLAAN 217,
1070 BRUSSEL 7 |
07-07-2026 → present |
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Of 6,999 companies in sector 49320 we hold annual accounts for 2,717. 2,154 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-03-2019
Fiscal year end31-12
Activities, NACEBEL
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
49390Land transport and transport via pipelines
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.