Financials
- Fiscal year
- 2024
- Total assets
- €51,632
- Loss
- -€3,666
- Solvency
- 27.7%
AS COLLECTIONS
ActiveSummary
The computed 12-month bankruptcy probability of AS COLLECTIONS is 4.1% (elevated). The 2024 annual accounts show equity of €14,309 and a net result of -€3,666. Equity is shrinking by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 41% of 15,868 sector peers (NACE 46, fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
NACE 46160
1 site
Size
€51,632total assets 2024
- Equity
- €14,309
- Loss
- -€3,666
Turnover not published (abridged schema)
Structure
Accounts 68 days overdue0 of 3 deeds read
Why 47- Figures for FY 2024 (filed 18-07-2025)- Liquidity: current ratio 0.62, cash €49- 1 financial year not filed after the legal deadline; 2 of the last 3 late+ Founded in 2014Show the evidence
Checked score
Score 2024
47
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 25% of its sector peers (NACE 46, micro)
Financial strength · tick = 2023
Weak
Solvency
53-1
equity 27.7% of total assets
Liquidity
11-3
short-term debt 72.3% · cash 0.1%
Profitability
40+40
return on assets -7.1%
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 3.9%
12-2024: 3.9%● unchanged vs 11-2024
01-2025: 3.9%● unchanged vs 12-2024
02-2025: 4.1%▲ +0.2 percentage points vs 01-2025highest value
03-2025: 4.1%● unchanged vs 02-2025highest value
04-2025: 4.0%▼ -0.1 percentage points vs 03-2025
05-2025: 3.9%▼ -0.1 percentage points vs 04-2025
06-2025: 3.7%▼ -0.2 percentage points vs 05-2025
07-2025: 3.7%● unchanged vs 06-2025
08-2025: 2.2%▼ -1.5 percentage points vs 07-2025
09-2025: 2.2%● unchanged vs 08-2025
10-2025: 2.2%● unchanged vs 09-2025
11-2025: 2.2%● unchanged vs 10-2025
12-2025: 2.2%● unchanged vs 11-2025
01-2026: 2.2%● unchanged vs 12-2025
02-2026: 1.9%▼ -0.3 percentage points vs 01-2026
03-2026: 1.9%● unchanged vs 02-2026
04-2026: 1.9%● unchanged vs 03-2026
05-2026: 1.8%▼ -0.1 percentage points vs 04-2026
06-2026: 1.8%● unchanged vs 05-2026
07-2026: 1.7%▼ -0.1 percentage points vs 06-2026lowest value
08-2026: 2.7%▲ +1.0 percentage point vs 07-2026
09-2026: 2.8%▲ +0.1 percentage points vs 08-2026
10-2026: 4.1%▲ +1.3 percentage points vs 09-2026
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.62 against 0.96 in 2023; short-term debt: 72.3% and cash: 0.1% of total assets), and 72.3% of the assets are financed with debt.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 38% on solvency, 12% on liquidity, 32% on profitability and 19% on growth.
The bankruptcy probability was computed on 06-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
−lowers risk+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€3,666
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 17-07-2025, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
14 days early
2023
58 days late
2022
101 days late
2021
18 days early
2020
6 days late
2019
1 day early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 22 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Weakest financial yearnet -€16,397
Key points
By topic
Timeline
- Events
- 14
- Since
- 2016
- 09-11-2023Annual accounts filed
- 31-12-2022Back to profit
- 13-07-2022Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Agents in the wholesale of textiles, clothing, fur…NACE 46160
- Founded
- 09-05-2014
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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