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AS@P Management

Active Private limited companyfounded 2005active for 21 yearsNegenbunderstraat 15, 1750 LennikKBO/BCE: BE 0875.087.577

Lifetime

19 annual accounts with figures on one time axis
peak €142,279 (2021)
€73,419▼ 4.5%
lowest -€37,157 (2022)
-€2,959▼ €11,704
peak €137,870 (2021)
€106,498▼ 2.7%
€448,802▼ 9.7%
peak 1 FTE (2006)
-not published
Board1 name since 2025
- 
Documentsfilings and deeds
10-12-2025132 days late
2024micro format
Loss of €2,959Cash from €4,462 to €25,906

Key points

from the 2024 annual accounts

Turnover

≈ €220,000 estimated

The accounts state no turnover.

Debts

€448,802 81% of the balance sheet
Financial debts 92%Suppliers 6%Taxes and wages 2%

Of this, €38,080 falls due within a year.

Filings

19 annual accounts 102 days past the deadline
AprilJune31 JulyOctober201020152020

2025 accounts not filed: deadline was 31-07-2026.

Checked score

54
Fair
Financially stronger than 45% of micro companies in sports and recreation (NACE 93)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.3% across 4,270 companies (NACE 93, micro).

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.7% 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.6%▼ -0.1 percentage points vs 03-2025lowest value 05-2025: 0.7%▲ +0.1 percentage points vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.8%▲ +0.1 percentage points vs 06-2025 08-2025: 1.2%▲ +0.4 percentage points vs 07-2025 09-2025: 1.5%▲ +0.3 percentage points vs 08-2025 10-2025: 2.0%▲ +0.5 percentage points vs 09-2025 11-2025: 2.2%▲ +0.2 percentage points vs 10-2025 12-2025: 2.6%▲ +0.4 percentage points vs 11-2025highest value 01-2026: 0.7%▼ -1.9 percentage points vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.8%▲ +0.1 percentage points vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 1.3%▲ +0.5 percentage points vs 07-2026 09-2026: 1.5%▲ +0.2 percentage points vs 08-2026 10-2026: 1.9%▲ +0.4 percentage points vs 09-2026 11-2026: 1.9%● unchanged vs 10-2026

Financial strength
Average

44+1equity 19.2% of total assets
56+5short-term debt 6.9% · cash 4.7%
59-4return on assets -0.5%

Score breakdown

raises risk
Figures for financial year 2024 (filed on 10-12-2025)
1 financial year not filed after the legal deadline; last filed accounts filed 132 days late; 2 of the last 3 accounts late
lowers risk
Size: total assets €555,300
Founded in 2005
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 93, micro). It does better than 42% of them on solvency, 61% on liquidity, 39% on profitability and 38% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2024.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 2,507 companies had the same profile as AS@P Management has now. Each dot stands for 7 companies, two years later.

96.4%
were still trading
1.8%
stopped another way
1.6%
went bankrupt
  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of AS@P Management itself: 1.9% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,507 companies, not a prediction for AS@P Management. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €5,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity is ample, with a current ratio of 1.78 (2.91 in 2023), above the usual 1.5. Short-term debt is 6.9% and cash 4.7% of total assets. However, 80.8% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 10-12-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 132 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €555,300
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2005
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 102 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline10-11-2026 today
raises risk · 2024 accounts filed 132 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-12-2025, 132 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 · 10 filings
Deviation from the deadline
2025
not filed
2024
132 days late
2023
114 days late
2022
2 days late
2021
6 days early
2020
3 days early
2019
53 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 31 days after the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DD
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0875087577
Appointment: DE DOBBELEER Geert (sole director) “Alle bijdragen aan de vestiging of ontwikkeling van ondernemingen en in het bijzonder het verlenen van…” (deed in Dutch) · A shareholder holds all the shares · Gazette deed
Incorporation published on 25-07-2005 · Gazette deed
2 establishments registered Lennik and Asse
All 36 events

Comparable companies

same main activity, similar in size and age
Company
AS@P Management Lennik €555,300 €73,419 19.2% -
SPORT SPIRIT Aarschot €508,347 €76,774 32.0% -
A.S. PROJECTS Bredene €481,198 €78,981 57.3% -
SABAX Meise €744,901 €90,225 78.0% -
FMX4EVER Zelzate €710,772 €63,556 28.6% -
City Mountainbike Waregem €626,049 €101,799 79.4% -
INSANE Herselt €698,546 €107,934 35.8% -

These companies have the same main activity as AS@P Management: other sports activities (NACE 93199). They are comparable in size and age: total assets between €481,000 and €745,000, founded between 2001 and 2008.

Official details

Source: KBO
Status
Active since 14-07-2005Normal situation
Activity
Other sports activitiesNACE 93199and 1 other
Establishment units
2.309.079.9511750 Lennik, since 14-07-2005
2.309.081.5351730 Asse, since 14-07-2005
Financial year end
31 December
Peppol
Reachable since 17-04-2026
Company details

Annual accounts 2024

€555,300▼ 8.4%
Filing
Filed on 10-12-2025
Financials

Insights on AS@P Management

AS@P Management files the micro format. That format states no turnover. The gross margin rose from €47,063 in 2006 to €73,419 in 2024.

The balance sheet grew most from 2019 to 2020 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about AS@P Management

What is the company number of AS@P Management?
The company number of AS@P Management is 0875.087.577. The VAT number is the same number with BE in front: BE 0875.087.577.
Where is AS@P Management based?
The registered office is at Negenbunderstraat 15, 1750 Lennik.Company details
What does AS@P Management do?
According to the KBO register, the main activity is other sports activities (NACE 93199).
What is the legal form of AS@P Management?
AS@P Management is a private limited company (BV).
When was AS@P Management founded?
AS@P Management was founded on 14-07-2005.
Is AS@P Management still active?
Yes, AS@P Management is an active enterprise in the KBO register.
What is the turnover of AS@P Management?
The turnover in financial year 2024 is ≈ €220,000. This figure is estimated from the gross margin of €73,419 and 2,667 comparable companies of the same size. It probably lies between €150,000 and €380,000. It is a rough estimate.Financials
Is AS@P Management profitable?
In financial year 2024, AS@P Management made a loss of €2,959.
Where can I find the annual accounts of AS@P Management?
AS@P Management filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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