AS Design
ActiveSummary
The computed 12-month bankruptcy probability of AS Design is 4.2% (elevated). The 2024 annual accounts show negative equity (-€28,089) and a net result of -€2,013. Equity is shrinking by ~21.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 540 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 3 accounts on average 41 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 31, Manufacture of furniture, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 6,010 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 4.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,010 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | €2,368 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,088 | - | - | - |
| Other operating charges640/8 | €1,070 | €485 | €158 | ▼ 67.5% |
| Non-recurring operating charges66A | - | €2,498 | - | - |
| Gross operating margin9900 | -€20,339 | -€5,176 | -€1,215 | ▲ 76.5% |
| Operating profit (loss)9901 | -€24,497 | -€8,159 | -€1,373 | ▲ 83.2% |
| Financial income75/76B | €1 | €6 | - | - |
| Recurring financial income75 | €1 | €6 | - | - |
| Financial charges65/66B | €2,328 | €926 | €640 | ▼ 30.9% |
| Recurring financial charges65 | €2,328 | €926 | €640 | ▼ 30.9% |
| Profit (loss) for the period before taxes9903 | -€26,824 | -€9,079 | -€2,013 | ▲ 77.8% |
| Income taxes67/77 | €173 | - | - | - |
| Profit (loss) for the period9904 | -€26,997 | -€9,079 | -€2,013 | ▲ 77.8% |
| Profit (loss) for the period to be appropriated9905 | -€26,997 | -€9,079 | -€2,013 | ▲ 77.8% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €31,696 | €15,117 | €10,616 | ▼ 29.8% |
| Fixed assets21/28 | €10,962 | - | - | - |
| Tangible fixed assets22/27 | €7,812 | - | - | - |
| Plant, machinery and equipment23 | €7,812 | - | - | - |
| Financial fixed assets28 | €3,150 | - | - | - |
| Current assets29/58 | €20,734 | €15,117 | €10,616 | ▼ 29.8% |
| Amounts receivable within one year40/41 | €16,907 | €10,432 | €10,616 | ▲ 1.8% |
| Trade receivables40 | €15,503 | €10,179 | €10,179 | = |
| Other amounts receivable41 | €1,404 | €253 | €437 | ▲ 72.9% |
| Cash at bank and in hand54/58 | €270 | €4,685 | - | - |
| Deferred charges and accrued income490/1 | €3,557 | - | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €31,696 | €15,117 | €10,616 | ▼ 29.8% |
| Equity10/15 | -€16,997 | -€26,076 | -€28,089 | ▼ 7.7% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | -€26,997 | -€36,076 | -€38,089 | ▼ 5.6% |
| Amounts payable17/49 | €48,693 | €41,193 | €38,705 | ▼ 6.0% |
| Amounts payable after more than one year17 | €22,513 | €10,598 | €4,314 | ▼ 59.3% |
| Financial debts170/4 | €22,513 | €10,598 | €4,314 | ▼ 59.3% |
| Amounts payable within one year42/48 | €26,179 | €30,596 | €34,391 | ▲ 12.4% |
| Current portion of amounts payable after more than one year42 | - | €6,063 | €6,283 | ▲ 3.6% |
| Trade debts44 | €11,789 | - | - | - |
| Suppliers440/4 | €11,789 | - | - | - |
| Advances received on contracts in progress46 | - | €12,317 | €12,317 | = |
| Taxes, remuneration and social security45 | €173 | €447 | €274 | ▼ 38.7% |
| Taxes450/3 | €173 | €447 | €274 | ▼ 38.7% |
| Other amounts payable47/48 | €14,218 | €11,769 | €15,517 | ▲ 31.8% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€26,997 | -€9,079 | -€2,013 | ▲ 77.8% |
| + Depreciation and write-downs630 | €3,088 | - | - | - |
| Operating cash flow (approximation) | -€23,909 | -€9,079 | -€2,013 | ▲ 77.8% |
| Change in cash | - | €4,415 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12007C0210/00W000 | Flanders | 2.9 ha | 1 · 2.7 ha | 17.7 m · 2 fl. |
Linked by address, not proof of ownership
Similar companies · same sector and region
Identification & contact
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Register as of 28 September 2026 · Peppol Directory
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