Equity
-€8,139
Debts exceed assets in financial year 2023.
AS DEVELOP
Overview
Lifetime
2 annual accounts with figures on one time axisGross marginpeak €41,667 (2022)
€17,418▼ 58.2%
Resultlowest -€42,681 (2023)
-€42,681▼ €62,223
Equitypeak €34,542 (2022)
-€8,139▼ €42,681
Debts
€55,348▼ 21.3%
Board1 name since 2022
1 directorSABER Ayoub
Documentsfilings and deeds
13-08-2026743 days late
2023micro format
Gross margin from €41,667 to €17,418Loss of €42,681Registered office moved from Kraainem to Wezembeek-Oppem 28-02Equity from €34,542 to -€8,139Debts from €70,315 to €55,348
Key points
from the 2023 annual accountsResult
-€42,681 -€42,681
From profit to loss in 2023, after a profit of €19,542 in 2022.
Debts
€55,348 117% of the balance sheet
Suppliers 65%Taxes and wages 8%Other 26%
Staff
3 employees on 31-12-2023
In 2023, 10 people joined and 10 left.
Liquidity
0.42 was 1.11 in 2022
Short-term debts fell from €70,315 to €55,348.
At the same address
610 companies
2024 accounts not filed, 463 days past the deadline2023 figures too old to score
Bankruptcy probability
No current score
Figures too old
The latest figures are for FY 2023. They are too old for a current score.
Bankruptcy probability: High
Filing: At least two annual filings are missing
Bankruptcy probability within 12 months
16.7% High
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 12.4%
01-2025: 12.4%● unchanged vs 12-2024
02-2025: 12.4%● unchanged vs 01-2025
03-2025: 8.9%▼ -3.5 percentage points vs 02-2025lowest value
04-2025: 8.9%● unchanged vs 03-2025lowest value
05-2025: 8.9%● unchanged vs 04-2025
06-2025: 8.9%● unchanged vs 05-2025
07-2025: 11.8%▲ +2.9 percentage points vs 06-2025
08-2025: 14.0%▲ +2.2 percentage points vs 07-2025
09-2025: 14.0%● unchanged vs 08-2025
10-2025: 13.9%▼ -0.1 percentage points vs 09-2025
11-2025: 13.9%● unchanged vs 10-2025
12-2025: 13.9%● unchanged vs 11-2025
01-2026: 13.7%▼ -0.2 percentage points vs 12-2025
02-2026: 13.7%● unchanged vs 01-2026
03-2026: 13.7%● unchanged vs 02-2026
04-2026: 13.7%● unchanged vs 03-2026
05-2026: 13.7%● unchanged vs 04-2026
06-2026: 13.7%● unchanged vs 05-2026
07-2026: 13.7%● unchanged vs 06-2026
08-2026: 13.0%▼ -0.7 percentage points vs 07-2026
09-2026: 16.7%▲ +3.7 percentage points vs 08-2026highest value
10-2026: 16.7%● unchanged vs 09-2026highest value
11-2026: 16.7%● unchanged vs 10-2026highest value
Financial strength, FY 2023Weak
Credit check for an amount and term of your choice
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.
Signals
Seven signals.
raises riskneutral
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 year end31-07-2025 deadline06-11-2026 today
raises risk · 2023 accounts filed 743 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: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 2 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
743 days late
2022
697 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 720 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0780766262
Bankruptcy reversal
Enterprise Court of Brussels · judgment of 12-03-2024 · Bankruptcy
Bankruptcy published
Enterprise Court of Brussels · judgment of 09-01-2024 · Bankruptcy
Registered office moved from Kraainem to Wezembeek-Oppem
New registered office: LANGE EIKSTRAAT 46-1970 WEZEMBEEK-OPPEM · Previous registered office: STEENWEG OP MECHELEN 455 bus 1-1950 KRAAINEM · General meeting of 31-12-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| AS DEVELOP Wezembeek-Oppem | €47,209 | €17,418 | -17.2% | - |
| MORREALE ARNONE Izegem | €45,233 | €17,914 | 46.6% | - |
| LHJ CONCEPT Beauraing | €49,580 | €17,545 | -12.2% | - |
| CANTUM Brussels | €46,230 | €18,728 | -62.1% | - |
| N&S Hechtel-Eksel | €45,894 | €14,885 | 47.0% | - |
| LES PALMIERS II Molenbeek-Saint-Jean | €43,103 | €19,252 | 38.2% | - |
| C.B.G. Team Villers-la-Ville | €44,242 | €14,440 | 55.3% | - |
These companies have the same main activity as AS DEVELOP: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €43,100 and €49,600, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 21-01-2022Normal situation
- Registered office
- 611 active companies are registered at this address99 started in the 12 months before. Source: KBO register, as of 5 November 2026.
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Establishment unit
- 2.328.568.1424800 Verviers, since 21-01-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 08-01-2026
Annual accounts 2023
- Gross margin
- €17,418▼ 58.2%
- Turnover
- ≈ €200,000estimated
- Loss
- €42,681
- Equity
- -€8,139
- Total assets
- €47,209▼ 55.0%
- Employeeson 31-12-2023
- 3
- Filing
- Filed on 13-08-2026
Insights on AS DEVELOP
The file of AS DEVELOP contains 2 historical bankruptcy publications, as published in the Belgian Official Gazette. For AS DEVELOP, at least two annual filings are missing.
The computed 12-month bankruptcy probability is 16.7% (high). The 2023 annual accounts show negative equity (-€8,139) and a net result of -€42,681.
Its solvency ranks better than 22% of 17,629 sector peers (NACE 56, financial year 2023).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2023
micro format, filed on 13-08-2026, 743 days late2024 annual accounts not yet filed, deadline passed on 31 July 2025 The financial year closed on 31 December 2024. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 6 November 2026.
Gross margin
€17,418
▼ 58.2%
Operating result
-€41,845
▼ €61,419
Loss
-€42,681
▼ €62,223
Working capital
-€32,029
▼ €39,465
Solvency
-17.2%
▼ 50.2 percentage points
Current ratio
0.42
▼ 0.68
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €200,000. Estimated: probably between €120,000 and €330,000.
Balance sheet
balance sheet total €47,209 on 31-12-2023What the company ownsHow it is paid for
Change in equityin euro
Change in cashin euro
Position in the sector
Solvency-17.2%
Higher than 22% of 17,629 companies in 2023.
Current ratio0.42
Higher than 21% of 17,026 companies in 2023.
Return on assets-90.4%
Lower than 95% of 17,112 companies in 2023.
AS DEVELOP
Middle half of the sector
80% of the sector
Micro accounts in food and beverage service (NACE 56)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half
Staff
Staff cost per FTE€37,088
Staff costs divided by the average number of full-time equivalents.
Joined and left+0
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2023 | 2022 |
|---|---|---|---|
| Balance sheet: assets | |||
Total assets20/58 |
47,209 | 104,857 | |
Fixed assets21/28 |
23,890 | 27,106 | |
Tangible fixed assets22/27 |
23,890 | 27,106 | |
Plant, machinery and equipment23 |
10,306 | 14,399 | |
Furniture and vehicles24 |
13,584 | 12,708 | |
Current assets29/58 |
23,319 | 77,751 | |
Amounts receivable within one year40/41 |
12,449 | 63,657 | |
Trade receivables40 |
0 | 62,439 | |
Other amounts receivable41 |
12,449 | 1,218 | |
Cash at bank and in hand54/58 |
10,870 | 14,094 | |
| Balance sheet: equity and liabilities | |||
Total equity and liabilities10/49 |
47,209 | 104,857 | |
Equity10/15 |
-8,139 | 34,542 | |
Contributions10/11 |
15,000 | 15,000 | |
Profit (loss) carried forward14 |
-23,139 | 19,542 | |
Amounts payable17/49 |
55,348 | 70,315 | |
Other amounts payable178/9 |
- | 0 | |
Amounts payable within one year42/48 |
55,348 | 70,315 | |
Trade debts44 |
36,235 | 53,577 | |
Suppliers440/4 |
36,235 | 53,577 | |
Taxes, remuneration and social security45 |
4,492 | 4,120 | |
Taxes450/3 |
192 | 0 | |
Remuneration and social security454/9 |
4,300 | 4,120 | |
Other amounts payable47/48 |
14,621 | 12,617 | |
| Income statement | |||
Gross operating margin9900 |
17,418 | 41,667 | |
Remuneration, social security and pensions62 |
48,214 | 20,118 | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
11,049 | 1,769 | |
Other operating charges640/8 |
- | 206 | |
Operating profit (loss)9901 |
-41,845 | 19,575 | |
Financial income75/76B |
1 | 1 | |
Recurring financial income75 |
1 | 1 | |
Financial charges65/66B |
838 | 33 | |
Recurring financial charges65 |
838 | 33 | |
Profit (loss) for the period before taxes9903 |
-42,681 | 19,542 | |
Profit (loss) for the period9904 |
-42,681 | 19,542 | |
Profit (loss) for the period to be appropriated9905 |
-42,681 | 19,542 | |
| Appropriation of the result | |||
Profit (loss) to be appropriated9906 |
-23,139 | 19,542 | |
Profit (loss) brought forward from the previous period14P |
19,542 | - | |
| Social balance sheet | |||
Average staff (FTE)9087 |
1.3 | 1.3 | |
Hours worked1013 |
1,426 | - | |
| Document | |||
The notes to these accounts have 5 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 2023 at the NBB, filed on 13-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2023 | 2022 |
|---|---|---|---|
| EBITDA | -30,796 | 21,344 | |
| Cash flow | -31,632 | 21,311 | |
| Investment in fixed assets | 7,833 | 28,875 | |
| Change in cash | -3,225 | - | |
| Working capital | -32,029 | 7,436 | |
| Solvency | -17.2% | 32.9% | |
| Current ratio | 0.42 | 1.11 | |
| Debt to equity | - | 2.04 | |
| ROE | - | 56.6% | |
| ROA | -90.4% | 18.6% | |
| Interest coverage | -36.77 | over 100 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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.
Social balance sheet
| Item | 31-12-2023 | 31-12-2022 |
|---|---|---|
| Employees at the balance-sheet date | 3 | - |
| part-time | 3 | - |
| in full-time equivalents | 1.3 | - |
| Average over the year, in full-time equivalents | 1.3 | 1.3 |
| Joined | 10 | 10 |
| Left | 10 | 10 |
Source: social balance sheet in the 2022 to 2023 annual accounts
Investments
fixed assets acquired| Item | 2023 | 2022 |
|---|---|---|
| Tangible fixed assets | €7,833 | €28,875 |
| Depreciation and write-downs of the year | €11,049 | €1,769 |
Source: notes to the 2022 to 2023 annual accounts (statement of fixed assets)
Insights on AS DEVELOP
The operating result for 2023 is a loss of €41,845, after a profit of €19,575 in 2022.
Equity is negative. Debt (€55,348) exceeds the balance-sheet total (€47,209).
Board & ownership
Curator
1 mandateCurator, A. De Cockplein 9, 1831 Diegem
from 09-01-2024 to 12-03-2024
Also on 291 other cases
Board
1 director, since incorporationDirector (not named in the articles)
since 21-01-2022
term without a fixed end
listed in the 2023 annual accounts, filed on 13-08-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 26-01-2022
Mandates through the years
1 name, the dashed line is todaySABER Ayoub
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- SABER Ayoub
- Director (not named in the articles), from 21-01-2022 to date
Control
Founder
SABER Ayoub
This company
AS DEVELOP
Equity -€8,139
Loss €42,681 in 2023
Capital
- Contribution
- €15,000
- Shares
- 100
- Contribution per share
- €150
- Equity per share
- -€81.39 in 2023
- Source
- deed of 26-01-2022
Articles of association
deed of 26-01-2022 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- 100 shares
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Monday of June at 19:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Bestuurder(s) in functie, aanduiden vereffenaars,omlijnen bevoegdheden,bepalen vergoeding”
Shareholders
At incorporation
deed of 26-01-2022 ↗
- SABER Ayoub 100 shares (100%) · €15,000
Network & group
No group
AS DEVELOP has no parent and no holdings in its annual accounts. SABER Ayoub is the only director. AS DEVELOP shares no director with another company.
At the same address
Lange Eikstraat 46, 1970 Wezembeek-Oppem · 610 other companies| VITALIX LAB
establishment since 29-07-2021 · founded in 2021 |
5.1 FTE (2025) 0771.845.133 |
| KAZIDOMI
establishment since 28-05-2018 · founded in 2016 |
4.9 FTE (2025) 0652.941.840 |
| LA TREBIA
registered office since 23-02-2006 · founded in 2006 · accounts filed late |
total assets €3.1m (2024) 0879.561.059 |
| T.D. & T.O. International
registered office since 07-10-2021 · founded in 2021 |
turnover €1.6m (2025) 0775.473.428 |
| BATIDAR CONSTRUCT
registered office since 13-06-2006 · founded in 2006 |
total assets €1.4m (2025) 0881.831.750 |
| WINPROTECH
registered office since 04-10-2022 · founded in 2022 |
8.9 FTE (2025) 0791.808.624 |
| CLASS-CONSTRUCT
registered office since 01-04-1991 · founded in 1991 |
total assets €1.3m (2025) 0443.482.317 |
| DACO BUILT
registered office since 17-12-2021 · founded in 2021 |
turnover €1.1m (2025) 0778.749.949 |
| CamPro Europe
registered office since 21-05-2019 · founded in 2019 · accounts filed late |
turnover €320,355 (2024) 0726.943.338 |
| Q-ZEN
registered office since 13-12-2019 · founded in 2019 |
total assets €990,140 (2025) 0739.593.029 |
Timeline
Timeline
8 events since 2022Filings
Establishments
Insolvency
Address
20222023202420252026
2026
Annual accounts 2023 filed NBBmicro format · 743 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0780766262
2025
Annual accounts 2022 filed PDFmicro format · 697 days late
2024
Bankruptcy reversal Enterprise Court of Brussels · judgment of 12-03-2024
Bankruptcy published Enterprise Court of Brussels · judgment of 09-01-2024
2023
Registered office moved from Kraainem to Wezembeek-OppemNew registered office: LANGE EIKSTRAAT 46-1970 WEZEMBEEK-OPPEM · Previous registered office: STEENWEG OP MECHELEN 455 bus 1-1950 KRAAINEM · General meeting of 31-12-20222 points ▸
- General meeting, 31-12-2022
- Registered-office move, LANGE EIKSTRAAT 46-1970 WEZEMBEEK-OPPEM
- The deed holds 1 more point.
2022
IncorporationFounding capital of €15,000, 100 shares · Founder: SABER Ayoub (comparant) · Appointment: SABER Ayoub (director) · published on 26-01-20225 points ▸
- Founder, SABER Ayoub (comparant)
- Founding capital, €15,000, 100 shares
- Registered office clause, Steenweg op Mechelen 455/1, 1950 Kraainem
- Board rule, 1
- Director appointment, SABER Ayoub (director (not named in the articles))
- The deed holds 5 more points.
First establishment CANADIAN BURGER VERVIERS, Place du Martyr 19-21, Verviers
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0780.766.262
- VAT number
- BE 0780.766.262
- Peppol ID
- 0208:0780766262
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 21-01-2022
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Monday of June at 19:00deed of 26-01-2022 (in Dutch)
- Peppol
- Reachable since 08-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- AS DEVELOP in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 26-01-2022 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 26-01-2022 (in Dutch)
Activities
NACEBEL 2025VAT activities
56112
Limited-service restaurants, excluding mobile food services main activity
Social security (RSZ) activities
56112
Limited-service restaurants, excluding mobile food services main activity
Codes under NACEBEL 2008
VAT activities
56102
Limited-service restaurants main activity
Social security (RSZ) activities
56102
Limited-service restaurants main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Spelersagentuur en spelersmakelaar; Reparatie van machines en apparaten in de ruimste zin; In- en verkoop van alle soorten brandstof,groot-…”deed of 26-01-2022 (in Dutch)
53 activities
- Spelersagentuur en spelersmakelaar
- Reparatie van machines en apparaten in de ruimste zin
- In- en verkoop van alle soorten brandstof,groot- en kleinhandelaar,zowel in vloeibare als in gasvorm
- Openbare werken,grondwerken,park- en tuinaanleg
- Aannemer en afwerking zowel binnen als buiten voor particuliere woningen en professionele gebouwen
- Interieur decoratie
- Particuliere en industriële reiniging
- Secretariaat
- Computertechnologie
- Opleiding
- Gym,coaching,fitness,vechtsport,enz
- Bewaking,close security,security agent,surveillance,remote monitoring,etc
- Algemene Constructie
- Gebouwrenovatie
- Metselwerk
- Grondwerken
- Containerverhuur
- Dakbedekking / bekleding
- Elektriciteit gebouw
- Sanitair / verwarming
- Plafond en dekvloer
- Gevelrestauratie / pleisterwerk / hervoegen
- Steigerverhuur
- Materialenhandelaar / bouwmarkt
- Restaurant
- Fast food
- Snack-bar
- Slager / delicatessenzaak
- Koffie
- Bakkerij gebak
- Horeca
- Algemene voeding
- Straatverkoper
- Verkoop en verhuur van autos en andere voertuigen
- Mecanieker,onderhoud en reparatie van auto,motor en vrachtwagen
- Pechverhelping,dépannagediensten
- Carrossier
- Carwash
- Verkoop van mechanische onderdelen
- Vrachtwagentransport / logistiek
- Pakket belevering
- Boekhandel / briefpapier
- Esthetiek (lichaamsverzorging,massage,spa,thalasso,hamam,sauna,zwembad,solarium,enz)
- Kapper / kapper
- Verkoop van kleding / schoenen / lederwaren / allerlei soorten sieraden / textiel
- Vastgoed en verhuur van onroerend goed
- Verkoopadviseur
- Handelsbemiddelaar
- Aan- en verkoop van koopwaar en andere goederen in de ruimste zin
- Import- en Export
- Verwarmingstechnieker,sanitaire werken,airconditioning,koeltechnieker
- Plaatsen van photo-voltaïsche systemen in de ruimste zin
- Schilderwerken binnen en buiten
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Lange Eikstraat 46 registered office 1970 Wezembeek-Oppem | ||
| CANADIAN BURGER VERVIERS Place du Martyr 19-21, 4800 Verviers | 21-01-2022 | 2.328.568.142 |
1 former office
- STEENWEG OP MECHELEN 455 bus 1, 1950 Kraainem until 01-01-2023 · deed of 28-02-2023
Buildings and parcels at the addresses
- Ground area
- 871 m²
- Buildings
- 687 m²
- Volume, LiDAR
- 7,806 m³
- Tallest building
- 17.3 m
Buildings to scale, each on its own parcel
Parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 22006A0114/00P000 | Flanders | 520 m² | 1 · 325 m² | 14.8 m · 3 |
| 63079A0277/00N000 | Wallonia | 351 m² | 1 · 363 m² | 17.3 m · 4 |
Contact
E-mail
as.develop.srl@gmail.com