AS-BAU
ActiveAS-BAU has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €60k and a net result of €52k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 1290 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
61
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▼-18
Solvency31▲+5
Growth58=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity tight (current ratio 1.05 against 0.92 in 2023; short-term debt: 68.1% and cash: 22.5% of total assets), and 93.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 1290 sector peers (2024).
NBB · sector comparisonPosition among 1290 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
97 d early
2022
21 d early
2021
24 d early
2020
59 d early
2019
4 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€52k▼ 74.7%
2023 · €206k
2018: €51k
2019: €-55k
2020: €16k
2021: €19k
2022: €-335k
2023: €206k
2018 → 2024
Working capital
€33k
2023 · €-56k
2018: €64k
2019: €47k
2020: €86k
2021: €-35k
2022: €-406k
2023: €-56k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€181k-€186k▲ 3.2%€-162k€12k€60k▲ 422%
Operating result€21k-€28k▲ 36.0%€-286k€214k€77k▼ 64.1%
Net result€16k-€19k▲ 20.6%€-335k€206k€52k▼ 74.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 64% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €964k
Fixed assets
€275k▼ 27.1%
Current assets
€689k▲ 6.2%
Equity and liabilities €964k
Equity
€60k▲ 422%
Debt
€903k▼ 10.9%
The debt ratio falls from 98.9% to 93.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€207k▼
2023 · €366k
Cash flow
€183k▼
2023 · €358k
Solvency
6.2%▲
2023 · 1.1%
Current ratio
1.05▲
2023 · 0.92
Quick ratio
0.87▲
2023 · 0.66
Debt / equity
15.02▼
2023 · 88.07
ROE
86.6%
ROA
5.4%▼
2023 · 20.1%
Interest coverage
6.24▼
2023 · 7.74
Debt
€903k▼
2023 · €1.01M
Debt ≤ 1 year
€656k▼
2023 · €704k
Debt > 1 year
€247k▼
2023 · €310k
Staff costs
€990k▲
2023 · €930k
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€1.03M€964k▼
Fixed assets21/28€377k€275k▼
Intangible fixed assets21€234€3k▲
Tangible fixed assets22/27€375k€270k▼
Land and buildings22€45k€28k▼
Plant, machinery and equipment23€154k€117k▼
Furniture and vehicles24€24k€29k▲
Leasing and similar rights25€152k€96k▼
Financial fixed assets28€3k€3k=
Current assets29/58€648k€689k▲
Stocks and contracts in progress3€180k€116k▼
Stocks30/36€102k€75k▼
Contracts in progress37€78k€41k▼
Amounts receivable within one year40/41€427k€348k▼
Trade receivables40€351k€299k▼
Other amounts receivable41€76k€50k▼
Cash at bank and in hand54/58€29k€217k▲
Deferred charges and accrued income490/1€12k€7k▼
Equity and liabilities
Total equity and liabilities10/49€1.03M€964k▼
Equity10/15€12k€60k▲
Contributions10/11€145k€145k=
Capital10€143k€143k=
Issued capital100€143k€143k=
Outside capital11€2k€2k=
Share premium1100/10€2k€2k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€-150k€-98k▲
Investment grants15€10k€7k▼
Amounts payable17/49€1.01M€903k▼
Amounts payable after more than one year17€310k€247k▼
Financial debts170/4€310k€247k▼
Amounts payable within one year42/48€704k€656k▼
Current portion of amounts payable after more than one year42€167k€129k▼
Financial debts43€140k€140k=
Credit institutions430/8€140k€140k=
Trade debts44€108k€65k▼
Suppliers440/4€108k€65k▼
Advances received on contracts in progress46€178k€222k▲
Taxes, remuneration and social security45€111k€100k▼
Taxes450/3€45k€2k▼
Remuneration and social security454/9€66k€98k▲
Other amounts payable47/48€200-
Accrued charges and deferred income492/3€112€891▲
Income statement
Code20232024
Non-recurring operating income76A€205k-
Remuneration, social security and pensions62€930k€990k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€152k€130k▼
Other operating charges640/8€6k€5k▼
Non-recurring operating charges66A-€11k
Gross operating margin9900€1.30M€1.21M▼
Operating profit (loss)9901€214k€77k▼
Financial income75/76B€40k€8k▼
Recurring financial income75€40k€8k▼
Financial charges65/66B€47k€33k▼
Recurring financial charges65€47k€33k▼
Profit (loss) for the period before taxes9903€207k€52k▼
Income taxes67/77€798-
Profit (loss) for the period9904€206k€52k▼
Profit (loss) for the period to be appropriated9905€206k€52k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-150k€-98k▲
Profit (loss) brought forward from the previous period14P€-356k€-150k▲
Social balance
Average headcount (FTE)908720.918.7▼
The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
25-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €206k
Net result €206k after one loss-making year.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-335k ▼1832%
Net result drops to €-335k, the lowest in the series; recovery starts the following year.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
02-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €150kEq €178k ▲64.5%
Equity rises from €109k to €178k.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 23 days late
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Büllingen · 1 establishment unit since 2016
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.
Rocherath,Höteschgasse 84761 Büllingen1 establishment unit
AS-BAU
since 20162.250.877.377
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BE 0735.692.342
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GLOBAL POP IMMO
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GISÈLE DEVELOPMENT
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Of 29,803 companies in sector 41001 we hold annual accounts for 16,040. 13,180 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded26-02-2016
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43120Site preparation
43310Plastering work
43320Joinery installation
43331Floor and wall tiling
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filings
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.