AS.EL
ActiveSummary
AS.EL has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €68k and a net result of €172. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 57% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability54▼-6
Solvency77▼-23
Growth35=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.09 against 5.6 in 2023; short-term debt: 47.6% and cash: 2.4% of total assets), and 47.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
52.4%
Return on assets
0.1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-10-2025, 88 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
88 d late
2023
56 d late
2022
155 d late
2021
58 d late
2020
75 d late
2019
69 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€81k▲ 24.4%
2023 · €65k
2022: €174k
2023: €65k
2022 → 2024
EBIT margin
0.4%▼ 3.5pp
2023 · 3.9%
2022: 2.0%
2023: 3.9%
2022 → 2024
Net result
€172▼ 91.1%
2023 · €2k
2018: €9k
2019: €14k
2020: €4k
2021: €6k
2022: €2k
2023: €2k
2018 → 2024
Working capital
€68k▲ 0.8%
2023 · €67k
2018: €41k
2019: €54k
2020: €57k
2021: €64k
2022: €66k
2023: €67k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€174k€65k▼ 62.8%€81k▲ 24.4%
Equity€57k-€64k▲ 10.9%€66k▲ 3.8%€68k▲ 2.9%€68k▲ 0.3%
Operating result€4k-€8k▲ 120%€4k▼ 57.4%€3k▼ 27.4%€339▼ 86.8%
Net result€4k-€6k▲ 66.3%€2k▼ 61.1%€2k▼ 20.8%€172▼ 91.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 87% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €130k
Fixed assets
€419 ▼ 47.0%
Current assets
€129k ▲ 58.4%
Equity and liabilities €130k
Equity
€68k ▲ 0.3%
Debt
€62k ▲ 323%
Debt's share of the balance-sheet total rises from 17.7% to 47.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€710▼
2023 · €3k
Cash flow
€543▼
2023 · €2k
Current ratio
2.09▼
2023 · 5.60
Debt to equity
0.91▲
2023 · 0.21
ROE
0.3%▼
2023 · 2.8%
ROA
0.1%▼
2023 · 2.3%
Interest coverage
6.81▼
2023 · 19.95
Debt ≤ 1 year
€62k▲
2023 · €15k
Income taxes
€63▼
2023 · €483
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€83k€130k▲
Fixed assets21/28€789€419▼
Tangible fixed assets22/27€789€419▼
Plant, machinery and equipment23€789€419▼
Current assets29/58€82k€129k▲
Amounts receivable within one year40/41€75k€126k▲
Trade receivables40€71k€122k▲
Other amounts receivable41€4k€4k▲
Cash at bank and in hand54/58€7k€3k▼
Equity and liabilities
Total equity and liabilities10/49€83k€130k▲
Equity10/15€68k€68k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€47k€48k▲
Amounts payable17/49€15k€62k▲
Amounts payable within one year42/48€15k€62k▲
Trade debts44€14k€60k▲
Suppliers440/4€14k€60k▲
Taxes, remuneration and social security45€483€1k▲
Taxes450/3€483€1k▲
Other amounts payable47/48€181-
Income statement
Code20232024
Turnover70€65k€81k▲
Goods, raw materials, services and sundry goods60/61€60k€78k▲
Remuneration, social security and pensions62€482-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€323€371▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€5k€3k▼
Operating profit (loss)9901€3k€339▼
Financial charges65/66B€144€104▼
Recurring financial charges65€144€104▼
Profit (loss) for the period before taxes9903€2k€235▼
Income taxes67/77€483€63▼
Profit (loss) for the period9904€2k€172▼
Profit (loss) for the period to be appropriated9905€2k€172▼
Appropriation of the result
Profit (loss) to be appropriated9906€47k€48k▲
Profit (loss) brought forward from the previous period14P€46k€47k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 88 days late
2024
31-12
Financial
Weakest financial yearnet €172 ▼91.1%
Net result drops to €172, the lowest in the series.
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 56 days late
02-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 155 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 5.60
Current ratio from 1.78 to 5.60; short-term debt falls from €85k to €15k.
2022
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
2021
14-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 75 days late
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
31-12
Financial
Highest result since 2018net €14k ▲53.9%
Operating result €19k, net result €14k, both a record.
11-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 72 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
20-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 51 days late
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 2006
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.
Pothoekstraat 1422060 AntwerpenGround area
290 m²
Building footprint
220 m²
Volume, LiDAR
1,638 m³
Parcel 11805E0394/00L006, Flanders · tallest building 19.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AS.EL
since 20062.154.605.174
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11805E0394/00L006 | Flanders | 290 m² | 1 · 220 m² | 19.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Fedea
BE 0731.932.108
Antwerpen · Eq €68,090
ANTHONISSEN & Co
BE 0453.957.228
Antwerpen · Eq €68,117
NIEWIADOMSKI
BE 0765.941.197
Anderlecht · Eq €68,159
ALPHACONN
BE 0793.902.636
Waasmunster · Eq €68,163
TOM FINITION
BE 0826.261.539
Wavre · Eq €68,023
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 6,215 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded20-04-2006
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.