Turnover
≈ €230,000 estimated
The abbreviated format states no turnover.
AS CABLING
Lifetime
2 annual accounts with figures on one time axispeak €81,451 (2025)
€81,451▲ 36.0%
peak €35,742 (2024)
€14,522▼ 59.4%
peak €55,264 (2025)
€55,264▲ 35.6%
€292,331▲ 179%
Board2 names since 2024
2 directorsDARGENT Stive Jean Alain Carl and 1 other
Documentsfilings and deeds
30-09-202661 days late
2025abbreviated format
Gross margin from €59,905 to €81,451Result from €35,742 to €14,522Equity from €40,742 to €55,264Debts from €104,883 to €292,331Investments €211,772Cash from €33,548 to €18,284
Key points
from the 2025 annual accountsDebts
€292,331 84% of the balance sheet
Financial debts 70%Suppliers 6%Taxes and wages 12%Other 13%
Of this, €88,985 falls due within a year.
Investments
€211,562 7.6 × depreciation
Green is investment, beige is depreciation.
2025 accounts filed 61 days after the deadline
Checked score
48
Fair
Financially stronger than 42% of micro companies in civil engineering (NACE 42)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
4.1% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.8% across 1,866 companies (NACE 42, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
07-2025: 1.8%
08-2025: 1.8%● unchanged vs 07-2025
09-2025: 0.8%▼ -1.0 percentage point vs 08-2025lowest value
10-2025: 0.8%● unchanged vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.8%● unchanged vs 12-2025
02-2026: 0.9%▲ +0.1 percentage points vs 01-2026
03-2026: 0.9%● unchanged vs 02-2026
04-2026: 0.9%● unchanged vs 03-2026
05-2026: 0.9%● unchanged vs 04-2026
06-2026: 1.0%▲ +0.1 percentage points vs 05-2026
07-2026: 2.1%▲ +1.1 percentage points vs 06-2026
08-2026: 3.3%▲ +1.2 percentage points vs 07-2026
09-2026: 3.4%▲ +0.1 percentage points vs 08-2026
10-2026: 4.1%▲ +0.7 percentage points vs 09-2026highest value
11-2026: 4.1%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Founded in 2024
Last filed accounts filed 61 days late; 1 of the last 3 accounts late
1 change of registered office in 24 months
lowers risk
Figures for financial year 2025 (filed on 01-10-2026)
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 42, micro). It does better than 19% of them on solvency, 42% on liquidity, 33% on profitability and 74% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% 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, 2,542 companies had the same profile as AS CABLING has now. Each dot stands for 7 companies, two years later.
95.0%
were still trading
1.2%
stopped another way
3.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of AS CABLING itself: 4.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 2,542 companies, not a prediction for AS CABLING. 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
Credit of up to €2,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.22 (1.78 in 2024), below the usual 1.5. Short-term debt is 25.6% and cash 5.3% of total assets. 84.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 529 sector peers (2025).
NBB · sector comparisonPosition among 529 sector peers
Solvency
better than 21%
← weakest
strongest →
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 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 · 2 filingsDeviation from the deadline
2025
61 days late
2024
28 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 45 days after the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- DARGENT Stive Jean Alain Carl 50 sharesdeed of 01-07-2024
- THOMAS Antoine Jean Philippe Gilles 50 sharesdeed of 01-07-2024
Recent changes
Registered office moved from Engis to Amay
New registered office: rue du Chemin de Fer 23, 4540 Amay · Previous registered office: Chaussée Freddy Terwagne, 137/A, 4480 Engis · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1010848678
Incorporation
Founding capital of €5,000, 100 shares · Founders: DARGENT Stive Jean Alain Carl and THOMAS Antoine Jean Philippe Gilles · Appointments: DARGENT Stive Jean Alain Carl (director) and THOMAS Antoine Jean Philippe Gilles (director) · published on 01-07-2024 · Gazette deed
First establishment
Chaussée Freddy Terwagne 137, Engis
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| AS CABLING Amay | €347,595 | €81,451 | 15.9% | - |
| Erus-Net Lokeren | €274,980 | €75,812 | 79.6% | 0 |
| RA ELECTRICITE Plombières | €390,909 | €54,280 | 11.5% | - |
| BD GREEN SOLUTION Sint-Genesius-Rode | €268,860 | €93,527 | 28.3% | - |
| MKM Solutions Genk | €297,048 | €94,058 | 34.5% | - |
| EFS Group Beringen | €323,411 | €87,934 | 16.2% | - |
| ALEX PROJECT Etterbeek | €206,325 | €90,753 | 26.0% | - |
These companies have the same main activity as AS CABLING: construction of utility projects for electricity and telecommunications (NACE 42220). They are comparable in size and age: total assets between €206,000 and €391,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 27-06-2024Normal situation
- Activity
- Construction of utility projects for electricity and telecommunicationsNACE 42220and 6 others
- Establishment unit
- 2.360.998.8064480 Engis, since 27-06-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 24-12-2025
Insights on AS CABLING
The balance sheet grew most in 2025 through fixed assets, financed with long-term debt.
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 AS CABLING
- What is the company number of AS CABLING?
- The company number of AS CABLING is 1010.848.678. The VAT number is the same number with BE in front: BE 1010.848.678.
- Where is AS CABLING based?
- The registered office is at Rue du Chemin de Fer 23, 4540 Amay.Company details
- What does AS CABLING do?
- According to the KBO register, the main activity is construction of utility projects for electricity and telecommunications (NACE 42220).
- What is the legal form of AS CABLING?
- AS CABLING is a private limited company (BV).
- When was AS CABLING founded?
- AS CABLING was founded on 27-06-2024.
- Is AS CABLING still active?
- Yes, AS CABLING is an active enterprise in the KBO register.
- How many employees does AS CABLING have?
- AS CABLING had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of AS CABLING?
- The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €81,451 and 1,300 comparable companies of the same size. It probably lies between €140,000 and €440,000. It is a rough estimate.
- Is AS CABLING profitable?
- In financial year 2025, AS CABLING made a profit of €14,522.
- Where can I find the annual accounts of AS CABLING?
- AS CABLING filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of AS CABLING due?
- AS CABLING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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