Turnover
The abbreviated format states no turnover.
The abbreviated format states no turnover.
Of this, €88,985 falls due within a year.
Green is investment, beige is depreciation.
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).
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).
In July 2024, 2,542 companies had the same profile as AS CABLING has now. Each dot stands for 7 companies, two years later.
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.
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.
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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
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.
| 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.
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.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €230,000. Estimated: probably between €140,000 and €440,000.
Higher than 21% of 529 companies in 2025.
Higher than 36% of 520 companies in 2025.
Higher than 47% of 519 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half · Staff: bottom quarter
Staff costs divided by the average number of full-time equivalents.
In 2025, 1 person joined and nobody left.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
347,595 | 145,625 | |
21/28 |
238,780 | 54,976 | |
22/27 |
238,570 | 54,976 | |
22 |
201,007 | - | |
23 |
11,539 | 12,655 | |
24 |
26,024 | 42,321 | |
28 |
210 | - | |
29/58 |
108,815 | 90,649 | |
40/41 |
90,531 | 57,100 | |
40 |
90,526 | 57,100 | |
41 |
4 | - | |
54/58 |
18,284 | 33,548 | |
| Balance sheet: equity and liabilities | |||
10/49 |
347,595 | 145,625 | |
10/15 |
55,264 | 40,742 | |
10/11 |
5,000 | 5,000 | |
10 |
5,000 | 5,000 | |
100 |
5,000 | 5,000 | |
14 |
50,264 | 35,742 | |
17/49 |
292,331 | 104,883 | |
17 |
203,346 | 54,054 | |
170/4 |
203,346 | 54,054 | |
42/48 |
88,985 | 50,830 | |
42 |
29,332 | 12,833 | |
44 |
17,288 | 7,770 | |
440/4 |
17,288 | 7,770 | |
45 |
34,037 | 18,058 | |
450/3 |
32,602 | 18,058 | |
454/9 |
1,435 | - | |
47/48 |
8,328 | 12,169 | |
| Income statement | |||
9900 |
81,451 | 59,905 | |
62 |
19,380 | - | |
630 |
27,968 | 8,188 | |
640/8 |
2,065 | 2,685 | |
9901 |
32,038 | 49,032 | |
75/76B |
10 | - | |
75 |
10 | - | |
65/66B |
12,174 | 1,330 | |
65 |
12,174 | 1,330 | |
9903 |
19,874 | 47,702 | |
67/77 |
5,351 | 11,961 | |
9904 |
14,522 | 35,742 | |
9905 |
14,522 | 35,742 | |
| Appropriation of the result | |||
9906 |
50,264 | 35,742 | |
14P |
35,742 | - | |
| Social balance sheet | |||
9087 |
1 | - | |
Hours worked1013 |
695 | - | |
| Document | |||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-09-2026.
2025 annual accounts filed 61 days after the deadline. Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00538983.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 60,006 | 57,220 | ||
| 42,491 | 43,930 | ||
| 211,772 | 63,164 | ||
| -15,264 | - | ||
| 19,830 | 39,819 | ||
| 15.9% | 28.0% | ||
| 1.22 | 1.78 | ||
| 5.29 | 2.57 | ||
| 26.3% | 87.7% | ||
| 4.2% | 24.5% | ||
| 4.93 | 43.04 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 1 |
| full-time | 1 |
| in full-time equivalents | 1 |
| 1 | |
| Joined | 1 |
| Left | 0 |
Source: social balance sheet in the 2025 annual accounts
| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €211,562 | €63,164 |
| Financial fixed assets | €210 | - |
| €27,968 | €8,188 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 35% lower than in 2024.
Debt's share of the balance-sheet total rises from 72.0% to 84.1%. Equity and debt are higher.
AS CABLING has no parent and no holdings in its annual accounts. AS CABLING shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Rue du Chemin de Fer 23 registered office 4540 Amay | ||
| Chaussée Freddy Terwagne 137 4480 Engis | 27-06-2024 | 2.360.998.806 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 61027A0117/00Y000 | 458 m² | 1 · 68 m² | 10.0 m · 3 |
| 61003B0296/00R003 | 165 m² | 1 · 91 m² | 6.1 m · 1 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1010.848.678
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