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AS

Active
Private limited companyfounded 2022active for 4 yearsGerechtstraat 1, 2800 Mechelen, BelgiumKBO/BCE: BE 0781.745.863
Summary

The computed 12-month bankruptcy probability of AS is 4.4% (elevated). The 2024 annual accounts show negative equity (-€55) and a net result of -€924. Equity has been shrinking by about 134% per year since 2022. Its solvency ranks better than 15% of 6,614 sector peers (NACE 49, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 08-02-2022 Normal situation
Activity
Freight transport by road NACE 49410and 5 others
Establishment unit
2.351.864.671 2800 Mechelen, since 08-02-2022
Financial year end
31 December
Peppol
Reachable since 07-03-2025

Board and ownership

Board

Financial position

36 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.4%
Annual accounts 2024
Gross margin
€2,165
▲ 322%
Turnover
≈ €18,000
estimated
Loss
€924
▼ 33.9%
Equity
-€55
Total assets
€5,663
▼ 49.6%
  • Negative equity on 31-12-2024
  • 2025 accounts not filed, 96 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 07-08-2025)Founded in 20221 financial year not filed after the legal deadline; last filed accounts filed 7 days latelowers riskSize: total assets €5,663Show the evidence

Checked score

Score 2024
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 15% of micro companies in land transport (NACE 49)
Financial strength · tick: 2023
Weak
Solvency 24-9
equity -1.0% of total assets
Liquidity 28+28
short-term debt 101.0% · cash 22.7%
Profitability 7+4
return on assets -16.3%
Bankruptcy probability within 12 months
4.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,099 companies, NACE 49, micro)
Last 24 months 12-2024: 4.9% 01-2025: 4.9%● unchanged vs 12-2024 02-2025: 4.9%● unchanged vs 01-2025 03-2025: 4.8%▼ -0.1 percentage points vs 02-2025 04-2025: 4.9%▲ +0.1 percentage points vs 03-2025 05-2025: 4.9%● unchanged vs 04-2025 06-2025: 4.9%● unchanged vs 05-2025 07-2025: 5.1%▲ +0.2 percentage points vs 06-2025 08-2025: 5.6%▲ +0.5 percentage points vs 07-2025highest value 09-2025: 2.7%▼ -2.9 percentage points vs 08-2025 10-2025: 2.3%▼ -0.4 percentage points vs 09-2025 11-2025: 2.3%● unchanged vs 10-2025 12-2025: 2.3%● unchanged vs 11-2025 01-2026: 2.2%▼ -0.1 percentage points vs 12-2025 02-2026: 2.2%● unchanged vs 01-2026 03-2026: 2.2%● unchanged vs 02-2026lowest value 04-2026: 2.2%● unchanged vs 03-2026 05-2026: 2.3%▲ +0.1 percentage points vs 04-2026 06-2026: 2.4%▲ +0.1 percentage points vs 05-2026 07-2026: 2.7%▲ +0.3 percentage points vs 06-2026 08-2026: 3.4%▲ +0.7 percentage points vs 07-2026 09-2026: 3.6%▲ +0.2 percentage points vs 08-2026 10-2026: 4.4%▲ +0.8 percentage points vs 09-2026 11-2026: 4.4%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.22 (0.8 in 2023), below 1. Short-term debt is 101% and cash 22.7% of total assets. Equity is negative.
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 49, micro). It does better than 14% of them on solvency, 25% on liquidity, 14% on profitability and 6% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 07-08-2025)
NBB · annual accounts
raises risk · Founded in 2022
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €5,663
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 7 days late
NBB · filings
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
222324
2022 to 2024 · latest year -€55
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 96 days later.
NBB · 3 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline04-11-2026 today
raises risk · 2024 accounts filed 7 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-08-2025, 7 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
not filed
2024
7 days late
2023
20 days late
2022
21 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 16 days after the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2024 -€55 View
  • Caution: Lower solvency than 85% of companies in land transportsector median 37.2% · 6,614 companies -1.0% View
  • Caution: 2 loss-making years in a rowloss in financial year 2024 -€924 View

Recent changes

  1. · Gazette deed IncorporationStarting capital €1,000 · Appointment: SARGSIAN Ara Samvel (director)
All 5 events

Comparable companies

These companies have the same main activity as AS: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €3,410 and €10,200, founded between 2022 and 2023.

CompanyTotal assetsGross margin
AS Mechelen€5,663€2,165
SKTRADERS Brussel€8,057€1,334
MLK TRANS Sint-Katelijne-Waver€10,150€1,946
Miller Logistics Antwerpen€8,024€2,644
F-CAR Dilbeek€3,412€1,499
RG TRANS Charleroi€9,107€1,573
DRUXAN Asse€3,519€1,604
Full comparison

Key facts about AS

What is the company number of AS?
The company number of AS is 0781.745.863. The VAT number is the same number with BE in front: BE 0781.745.863.
Where is AS based?
The registered office is at Gerechtstraat 1, 2800 Mechelen.Company details
What does AS do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of AS?
The legal form of AS is Private limited company (BV).
When was AS founded?
AS was founded on 08-02-2022.
Is AS still active?
Yes, AS is an active enterprise in the KBO register.
What is the turnover of AS?
The turnover in financial year 2024 is ≈ €18,000. This figure is estimated from the gross margin of €2,165 and 67 comparable companies (NACE 49410). It probably lies between €8,800 and €30,000. It is a rough estimate.Financials
Is AS profitable?
In financial year 2024, AS made a loss of €924.
Where can I find the annual accounts of AS?
AS filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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