AS.M
AS.M has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.25M and a net result of €17k. Equity remains stable across the filed fiscal years (±1.1% per year). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €3.25M |
| Net result | €17k |
| Active | 12 yrs |
| Locations | 1 |
Mixed profile: strong on stability, weaker on solvency.
All 5 axes are computed from data Checked has read.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Figures by fiscal year and ratios
| Fiscal year | 2025 |
|---|---|
| Deposit | full schema |
| Revenue | €711k |
| EBITDA | €629k |
| Net profit | €17k |
| Cash flow | €220k |
| Staff costs | - |
| Income taxes | €8k |
| Dividends | - |
| Total assets | €10.06M |
| Equity | €3.25M |
| Debt | €6.81M |
| of which ≤ 1y | €902k |
| of which > 1y | €5.89M |
| Working capital | €-808k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.10 |
| Quick ratio | 0.10 |
| Working capital ratio | -8.0% |
| Solvency | 32.3% |
| Debt / equity | 2.10 |
| Long-term debt ratio | 1.82 |
| Interest coverage | 1.57 |
| Gross margin | 96.2% |
| Net margin | 2.4% |
| ROA | 0.2% |
| ROE | 0.5% |
| EBITDA margin | 88.5% |
| Days sales outstanding | - |
| Days payable outstanding | 29d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €10.06M |
| Fixed assets | 21/28 | €9.96M |
| Tangible fixed assets | 22/27 | €3.36M |
| Financial fixed assets | 28 | €6.60M |
| Current assets | 29/58 | €95k |
| Cash & bank | 54/58 | €91k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €10.06M |
| Equity | 10/15 | €3.25M |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €343k |
| Accumulated profits (losses) | 14 | €2.88M |
| Amounts payable | 17/49 | €6.81M |
| Amounts payable after one year | 17 | €5.89M |
| Amounts payable within one year | 42/48 | €902k |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Turnover | 70 | €711k |
| Operating result | 9901 | €427k |
| Financial income | 75 | €27 |
| Financial charges | 65 | €402k |
| Result before taxes | 9903 | €25k |
| Income taxes | 67/77 | €8k |
| Net result for the period | 9904 | €17k |
| Result to be appropriated | 9905 | €17k |
| NACE primary | Business and other management consultancy(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 29-10-2013 |
| Status | Active |
| Postal code | 4651 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63006B0037/00T003 | Wallonia | 135 m² | 1 · 112 m² | 6.8 m · 2 fl. |
28-08-2026 NBB filing Annual accounts filed
22-08-2025 NBB filing Annual accounts filed
31-08-2024 NBB filing Annual accounts filed
31-08-2023 NBB filing Annual accounts filed
28-08-2022 NBB filing Annual accounts filed
16-07-2021 NBB filing Annual accounts filed
03-06-2020 NBB filing Annual accounts filed
19-06-2019 NBB filing Annual accounts filed
08-06-2018 NBB filing Annual accounts filed
16-06-2017 NBB filing Annual accounts filed
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
| Legal nameFR | AS.M |