AS DEVELOP
ActiveThe file of AS DEVELOP contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. For AS DEVELOP, at least two filing cycles of the annual accounts are missing. The computed 12-month bankruptcy probability is 10.2% (high). The 2023 annual accounts show negative equity (€-8k) and a net result of €-43k. Its solvency ranks better than 22% of 18011 sector peers (fiscal year 2023).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0▼-92
Solvency8▼-50
Growth32
Track record79
Bankruptcy probability, 12 months
10.2%
High
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
-17.2%
Return on assets
-90.4%
Age of the figures
33 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline21-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 13-08-2026, 743 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
743 d late
2022
697 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€-8k
2022 · €35k
2022: €35k
2022 → 2023
Total assets
€47k▼ 55.0%
2022 · €105k
2022: €105k
2022 → 2023
Net result
€-43k
2022 · €20k
2022: €20k
2022 → 2023
Working capital
€-32k
2022 · €7k
2022: €7k
2022 → 2023
Multi-year overview
Available amounts per fiscal year
Line20222023Trend
Equity€35k-€-8k
Operating result€20k-€-42k
Net result€20k-€-43k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €42k after €20k in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €47k
Fixed assets
€24k▼ 11.9%
Current assets
€23k▼ 70.0%
Key figures and ratios
EBITDA
€-31k▼
2022 · €21k
Cash flow
€-32k▼
2022 · €21k
Solvency
-17.2%▼
2022 · 32.9%
Current ratio
0.42▼
2022 · 1.11
Quick ratio
0.42▼
2022 · 1.11
Debt / equity
-6.80▼
2022 · 2.04
ROA
-90.4%▼
2022 · 18.6%
Interest coverage
-36.77▼
2022 · 641.91
Debt
€55k▼
2022 · €70k
Debt ≤ 1 year
€55k▼
2022 · €70k
Staff costs
€48k▲
2022 · €20k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€105k€47k▼
Fixed assets21/28€27k€24k▼
Tangible fixed assets22/27€27k€24k▼
Plant, machinery and equipment23€14k€10k▼
Furniture and vehicles24€13k€14k▲
Current assets29/58€78k€23k▼
Amounts receivable within one year40/41€64k€12k▼
Trade receivables40€62k€0▼
Other amounts receivable41€1k€12k▲
Cash at bank and in hand54/58€14k€11k▼
Equity and liabilities
Total equity and liabilities10/49€105k€47k▼
Equity10/15€35k€-8k▼
Contributions10/11€15k€15k=
Profit (loss) carried forward14€20k€-23k▼
Amounts payable17/49€70k€55k▼
Other amounts payable178/9€0-
Amounts payable within one year42/48€70k€55k▼
Trade debts44€54k€36k▼
Suppliers440/4€54k€36k▼
Taxes, remuneration and social security45€4k€4k▲
Taxes450/3€0€192▲
Remuneration and social security454/9€4k€4k▲
Other amounts payable47/48€13k€15k▲
Income statement
Code20222023
Remuneration, social security and pensions62€20k€48k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€11k▲
Other operating charges640/8€206-
Gross operating margin9900€42k€17k▼
Operating profit (loss)9901€20k€-42k▼
Financial income75/76B€1€1▲
Recurring financial income75€1€1▲
Financial charges65/66B€33€838▲
Recurring financial charges65€33€838▲
Profit (loss) for the period before taxes9903€20k€-43k▼
Profit (loss) for the period9904€20k€-43k▼
Profit (loss) for the period to be appropriated9905€20k€-43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€-23k▼
Profit (loss) brought forward from the previous period14P-€20k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 743 days late
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 697 days late
2024
25-03
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Brussel · AS DEVELOP BV LANGE EIKSTRAAT 46, 1970 WEZEMBEEK-OPPEM · event 12-03-2024
15-01
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · AS DEVELOP BV LANGE EIK- STRAAT 46, 1970 WEZEMBEEK-OPPEM · event 09-01-2024
SignalNBB filing
Directors · office · real estate
Directors
2 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, Wezembeek-Oppem · 1 establishment unit since 2022
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.
Lange Eikstraat 461970 Wezembeek-OppemGround area
871 m²
Building footprint
687 m²
Volume, LiDAR
7,806 m³
2 parcels, Flanders, Wallonia · tallest building 17.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
CANADIAN BURGER VERVIERS
since 20222.328.568.142
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22006A0114/00P000 | Flanders | 520 m² | 1 · 325 m² | 14.8 m · 3 fl. |
| 63079A0277/00N000 | Wallonia | 351 m² | 1 · 363 m² | 17.3 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | KARL VANSTIPELEN A. DE COCKPLEIN 9,
1831 DIEGEM |
09-01-2024 → present |
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 8,439 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-01-2022
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:as.develop.srl@gmail.com