Equity
-€19,381
Debts exceed assets in financial year 2025.
ANTWERP SERVICE ENGINEERING
Lifetime
20 annual accounts with figures on one time axis, 34 filings since 1992peak €27,421 (2015)
€16,592▲ 56.7%
lowest -€51,856 (2020)
€205▲ €6,041
peak €89,645 (2012)
-€19,381▲ €205
€1.1m▼ 1.2%
peak 0 FTE (2007)
-not published
Board2 names since 2019
2 directorsWinny Vervliet and 1 other
Documentsfilings and deeds
08-07-202622 days before the deadline
2025abbreviated format
Gross margin from €10,588 to €16,592Back to profit: €205Appointments: Urbain Standaert (managing director) and Winny… 09-12
Key points
from the 2025 annual accountsChecked score
54
Fair
Financially stronger than 30% of micro companies in repair and installation of machinery (NACE 33)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 2,399 companies (NACE 33, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.3%
01-2025: 1.3%● unchanged vs 12-2024
02-2025: 1.3%● unchanged vs 01-2025
03-2025: 1.3%● unchanged vs 02-2025
04-2025: 1.3%● unchanged vs 03-2025
05-2025: 1.3%● unchanged vs 04-2025
06-2025: 1.2%▼ -0.1 percentage points vs 05-2025
07-2025: 1.5%▲ +0.3 percentage points vs 06-2025highest value
08-2025: 1.3%▼ -0.2 percentage points vs 07-2025
09-2025: 1.3%● unchanged vs 08-2025
10-2025: 1.3%● unchanged vs 09-2025
11-2025: 1.3%● unchanged vs 10-2025
12-2025: 1.3%● unchanged vs 11-2025
01-2026: 1.3%● unchanged vs 12-2025
02-2026: 1.2%▼ -0.1 percentage points vs 01-2026
03-2026: 1.2%● unchanged vs 02-2026
04-2026: 1.2%● unchanged vs 03-2026
05-2026: 1.2%● unchanged vs 04-2026
06-2026: 1.2%● unchanged vs 05-2026lowest value
07-2026: 1.5%▲ +0.3 percentage points vs 06-2026
08-2026: 1.2%▼ -0.3 percentage points vs 07-2026
09-2026: 1.2%● unchanged vs 08-2026
10-2026: 1.2%● unchanged vs 09-2026
11-2026: 1.2%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Capped at 59: negative equity
Liquidity: current ratio 1.16, cash €80
Negative equity -€19,381
Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)
lowers risk
Size: total assets €1.0m
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 33, micro). It does better than 8% of them on solvency, 44% on liquidity, 30% on profitability and 35% on growth.
The bankruptcy probability was computed on 10-11-2026 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 30-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 519 companies had the same profile as ANTWERP SERVICE ENGINEERING has now. Each dot stands for 2 companies, two years later.
91.7%
were still trading
3.9%
stopped another way
2.9%
went bankrupt
Another 1.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ANTWERP SERVICE ENGINEERING itself: 1.2% within 12 months.
Test of the method
The method was tested on the 497,448 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 519 companies, not a prediction for ANTWERP SERVICE ENGINEERING. 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
No credit on open account
Liquidity is tight, with a current ratio of 1.16, below the usual 1.5. Short-term debt is 0.2% and cash 0% of total assets. Equity is negative.
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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 30-12-2025 was due by 30-07-2026 and was filed on 08-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 days early
2024
2 days early
2023
4 days early
2022
11 days early
2021
16 days early
2020
1 day early
2019
42 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 14 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 30-12-2026 and is due by 30-07-2027. Nothing is late today. The company usually files around 19 July (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
11-11-2026 today30-12-2026 year end30-07-2027 deadline
Recent changes
Appointments: Urbain Standaert (managing director) and Winny Vervliet (director)
General meeting of 25-04-2025 · Gazette deed
Amendment of the articles
General meeting of 25-07-2023 · Gazette deed
Reappointments: Urbain Standaert (managing director) and Winny Vervliet (director)
General meeting of 30-09-2019 · Gazette deed
First establishment
A.S.E. NV, Dorpstraat 36, Beveren-Kruibeke-Zwijndrecht
Official details
Source: KBO- Status
- Active since 31-12-1991Normal situation
- Activity
- “Het verlenen van diensten en adviezen in de meest ruime zin van het woord…” (deed in Dutch)From the articles, 12 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.055.818.5922070 Beveren-Kruibeke-Zwijndrecht, since 15-01-1992
- Financial year end
- 30 December
- Peppol
- Reachable
Annual accounts to 30-12-2025
- ≈ €110,000estimated
- €1.0m▼ 1.2%
- Filing
- Filed on 08-07-2026, 22 days before the end of the filing period
Insights on ANTWERP SERVICE ENGINEERING
ANTWERP SERVICE ENGINEERING files the abbreviated format. That format states no turnover. The gross margin fell from €26,509 in 2006 to €16,592 in 2025.
The balance sheet grew most from 2008 to 2010 through fixed assets.
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 ANTWERP SERVICE ENGINEERING
- What is the company number of ANTWERP SERVICE ENGINEERING?
- The company number of ANTWERP SERVICE ENGINEERING is 0446.148.530. The VAT number is the same number with BE in front: BE 0446.148.530.
- Where is ANTWERP SERVICE ENGINEERING based?
- The registered office is at Dorpstraat 36, 2070 Zwijndrecht.Company details
- What is the legal form of ANTWERP SERVICE ENGINEERING?
- ANTWERP SERVICE ENGINEERING is a public limited company (NV).
- When was ANTWERP SERVICE ENGINEERING founded?
- ANTWERP SERVICE ENGINEERING was founded on 31-12-1991.
- Is ANTWERP SERVICE ENGINEERING still active?
- Yes, ANTWERP SERVICE ENGINEERING is an active enterprise in the KBO register.
- What is the turnover of ANTWERP SERVICE ENGINEERING?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €16,592 and 2,728 comparable companies of the same size. It probably lies between €47,000 and €280,000. It is a rough estimate.Financials
- Is ANTWERP SERVICE ENGINEERING profitable?
- In financial year 2025, ANTWERP SERVICE ENGINEERING made a profit of €205.
- Where can I find the annual accounts of ANTWERP SERVICE ENGINEERING?
- ANTWERP SERVICE ENGINEERING filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ANTWERP SERVICE ENGINEERING due?
- ANTWERP SERVICE ENGINEERING must file the annual accounts for financial year 2026 by 30-07-2027.Timeline
Next steps
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