AS - GS
ActiveAS - GS has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €324k and a net result of €-24k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 64% of 11257 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability26▼-5
Solvency85▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 2.75 against 2.87 in 2024; short-term debt: 36.4% and cash: 24.4% of total assets), and 40.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-24k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 d early
2024
42 d early
2023
42 d early
2022
47 d early
2021
36 d early
2020
31 d late
2019
69 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€324k▼ 6.9%
2024 · €348k
2018: €299k
2019: €352k
2020: €371k
2021: €377k
2022: €375k
2023: €362k
2024: €348k
2018 → 2025
Total assets
€541k▼ 3.9%
2024 · €563k
2018: €572k
2019: €427k
2020: €522k
2021: €557k
2022: €583k
2023: €575k
2024: €563k
2018 → 2025
Net result
€-24k▼ 78.0%
2024 · €-14k
2018: €18k
2019: €53k
2020: €19k
2021: €6k
2022: €-2k
2023: €-13k
2024: €-14k
2018 → 2025
Working capital
€344k▼ 6.2%
2024 · €367k
2018: €312k
2019: €366k
2020: €385k
2021: €391k
2022: €390k
2023: €385k
2024: €367k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€377k-€375k▼ 0.6%€362k▼ 3.4%€348k▼ 3.7%€324k▼ 6.9%
Operating result€8k-€-995€-12k▼ 1,075%€-13k▼ 9.8%€-23k▼ 82.2%
Net result€6k-€-2k€-13k▼ 493%€-14k▼ 5.4%€-24k▼ 78.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €23k in 2025 against €13k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €541k
Equity
€324k▼ 6.9%
Debt
€217k▲ 1.1%
The debt ratio rises from 38.1% to 40.1%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
59.9%▼
2024 · 61.9%
Current ratio
2.75▼
2024 · 2.87
Quick ratio
2.75▼
2024 · 2.87
Debt / equity
0.67▲
2024 · 0.62
ROE
-7.4%▼
2024 · -3.9%
ROA
-4.5%▼
2024 · -2.4%
Debt
€217k▲
2024 · €214k
Debt ≤ 1 year
€197k▲
2024 · €196k
Debt > 1 year
€13k=
2024 · €13k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€563k€541k▼
Current assets29/58€563k€541k▼
Amounts receivable within one year40/41€412k€409k▼
Trade receivables40€406k€406k=
Other amounts receivable41€6k€3k▼
Cash at bank and in hand54/58€150k€132k▼
Equity and liabilities
Total equity and liabilities10/49€563k€541k▼
Equity10/15€348k€324k▼
Contributions10/11€51k€51k=
Reserves13€5k€5k=
Non-distributable reserves130/1€5k€5k=
Reserves not available under the articles1311€5k€5k=
Profit (loss) carried forward14€292k€268k▼
Amounts payable17/49€214k€217k▲
Amounts payable after more than one year17€13k€13k=
Other amounts payable178/9€13k€13k=
Amounts payable within one year42/48€196k€197k▲
Current portion of amounts payable after more than one year42€30k€30k=
Trade debts44€8k€9k▲
Suppliers440/4€8k€9k▲
Other amounts payable47/48€158k€158k=
Accrued charges and deferred income492/3€6k€7k▲
Income statement
Code20242025
Other operating charges640/8€291€294▲
Gross operating margin9900€-13k€-23k▼
Operating profit (loss)9901€-13k€-23k▼
Financial income75/76B€681€817▲
Recurring financial income75€681€817▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€-14k€-24k▼
Income taxes67/77€-159-
Profit (loss) for the period9904€-14k€-24k▼
Profit (loss) for the period to be appropriated9905€-14k€-24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€292k€268k▼
Profit (loss) brought forward from the previous period14P€306k€292k▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series.
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 69 days late
2019
31-12
Financial
Highest result since 2018net €53k ▲200%
Operating result €78k, net result €53k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 6.92
Current ratio from 2.20 to 6.92; short-term debt falls from €260k to €62k.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 24 days late
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Zottegem · 1 establishment unit since 2003
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.
Gentse Steenweg 549620 ZottegemGround area
383 m²
Building footprint
381 m²
Volume, LiDAR
1,790 m³
Parcel 41023A1157/00B000, Flanders · tallest building 10.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
AS-GS
since 20032.132.422.363
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41023A1157/00B000 | Flanders | 383 m² | 1 · 381 m² | 10.0 m · 1 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
MARC SIMOENS
BE 0449.255.203
Gavere · Eq €325k
E +
BE 0807.912.802
Oudergem · Eq €324k
VHNV
BE 0421.104.813
Wemmel · Eq €326k
RPM-Industry
BE 0447.124.963
Charleroi · Eq €327k
BELGOS
BE 0457.523.066
Waasmunster · Eq €322k
Of 6,156 companies in sector 46190 we hold annual accounts for 2,571. 1,713 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded19-06-1978
Fiscal year end31-12
Abbreviation NL
A.G.
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
50102
41001General construction of residential buildings
45112
46140Agents in the wholesale of industrial machinery, ships and aircraft
46180Agents specialised in the wholesale of other particular products
Sources
Crossroads Bank for EnterprisesNational Bank · 48 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.