Equity
€616,235 from €2.1m in 2023
Equity fell by 70% in 2 years.
AASTE
Lifetime
19 annual accounts with figures on one time axis, 35 filings since 1991peak €1.2m (2014)
€731,245▼ 0.4%
peak €216,864 (2011)
€87,627▲ 32.7%
peak €2.1m (2023)
€616,235▼ 2.0%
€1.3m▼ 26.0%
peak 16.6 FTE (2015)
10.4 FTE▼ 8.0%
Board3 names since 2022
2 directors and 1 other
Owners
99.93%
Documentsfilings and deeds
18-12-202544 days before the deadline
2025abbreviated format
Result from €66,031 to €87,627Dividend €100,000Debts from €1.7m to €1.3m
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 14,769 companies had the same profile as AASTE has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 14,769 companies, not a prediction for AASTE. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Managing director,
Director
- 99.93%score equity €2.1m (2025) · 2025 annual accounts of
Recent changes
Resignations & appointments
Resignations: (director) and (managing director) · Reappointments: (director) and (director) · Legal-form conversion: to public limited company · General meeting of 28-12-2023 · Gazette deed
1 director resigning, 3 reappointments
Reappointments: (managing director), and (managing director) · Resignation: (managing director) · Director discharge: · General meeting of 01-06-2019 · Gazette deed
First establishment
Sittardstraat 48, Tongeren-Borgloon
Incorporation
published on 23-08-1990 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| AASTE Tongeren-Borgloon | €1.9m | €731,245 | 32.4% | 10.4 |
| ENTREPRISES WANSART JC ET FILS Jalhay | €1.6m | €760,595 | 84.0% | 9.6 |
| BEETS DAKWERKEN Lummen | €2.0m | €924,012 | 52.7% | 12.2 |
| H. VANDERMOSTEN et FILS Meise | €1.5m | €765,969 | 27.5% | 11.1 |
| VIART Saint-Ghislain | €1.5m | €674,549 | 79.4% | 9.3 |
| MASSART Bertrand Ham-sur-Heure-Nalinnes | €1.9m | €522,470 | 35.9% | 9 |
| DAKALEX Waasmunster | €1.6m | €955,288 | 10.7% | 12.2 |
These companies have the same main activity as AASTE: roofing work (NACE 43410). They are comparable in size and age: total assets between €1.5m and €2m, founded between 1986 and 1995.
Official details
Source: KBO- Status
- Active since 03-08-1990Normal situation
- Activity
- Roofing workNACE 43410and 3 others
- Joint committees
- 124Construction
- 200Auxiliary committee for white-collar workers · annual accounts 30-06-2025
- Establishment unit
- 2.054.095.8533840 Tongeren-Borgloon, since 11-09-1991
- Financial year end
- 30 June
- Peppol
- Reachable
Annual accounts to 30-06-2025
- ≈ €2.0mestimated
- €1.9m▼ 19.6%
- Employeeson 30-06-2025
- 10▼ 9.1%
- Filing
- Filed on 18-12-2025, 44 days before the end of the filing period
Insights on AASTE
AASTE files the abbreviated format. That format states no turnover. The gross margin fell from €824,437 in 2007 to €731,245 in 2025.
holds all the shares. In July 2022, the Official Gazette published the appointment of as managing director.
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 AASTE
- What is the company number of AASTE?
- The company number of AASTE is 0441.134.521. The VAT number is the same number with BE in front: BE 0441.134.521.
- Where is AASTE based?
- The registered office is at Sittardstraat 48, 3840 Tongeren-Borgloon.Company details
- What does AASTE do?
- According to the KBO register, the main activity is roofing work (NACE 43410).
- What is the legal form of AASTE?
- AASTE is a public limited company (NV).
- When was AASTE founded?
- AASTE was founded on 03-08-1990.
- Is AASTE still active?
- Yes, AASTE is an active enterprise in the KBO register.
- How many employees does AASTE have?
- AASTE had an average of 10.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does AASTE fall under?
- In its 30-06-2025 annual accounts, AASTE states joint committees 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of AASTE?
- The turnover in financial year 2025 is ≈ €2.0m. This figure is estimated from the gross margin of €731,245 and 145 comparable companies (NACE 43). It probably lies between €1.6m and €2.8m.
- Is AASTE profitable?
- In financial year 2025, AASTE made a profit of €87,627.
- Where can I find the annual accounts of AASTE?
- AASTE filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of AASTE due?
- AASTE must file the annual accounts for financial year 2026 by 31-01-2027.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 trust this company with building work.Contractor 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
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