Less equity than 88% of companies in specialised construction. Sector median €57,716 · 35,168 companies.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 2,542 companies had the same profile as ASAB has now. Each dot stands for 7 companies, two years later.
95.0%
were still trading
1.2%
stopped another way
3.5%
went bankrupt
Micro
2 to 5 years old
solvency 10 to 30%
a profit under 5% of the balance sheet
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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 2,542 companies, not a prediction for ASAB. 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.
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Registered in the Peppol Directory
Reachable for e-invoices through 0208:0801769435
Incorporation
Founding capital of €4,000, 100 shares · Founders: Name after signing inVisible after signing in and Name hiddenVisible after signing in · Appointment: Hidden nameVisible after signing in (director) · published on 17-05-2023 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as ASAB: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €16,600 and €23,800, founded between 2022 and 2024.
The company number of ASAB is 0801.769.435. The VAT number is the same number with BE in front: BE 0801.769.435.
Where is ASAB based?
The registered office is at Hooipolderlaan 32, 2660 Antwerp.Company details
What does ASAB do?
According to the KBO register, the main activity is painting of buildings (NACE 43341).
What is the legal form of ASAB?
ASAB is a private limited company (BV).
When was ASAB founded?
ASAB was founded on 15-05-2023.
Is ASAB still active?
Yes, ASAB is an active enterprise in the KBO register.
What is the turnover of ASAB?
The turnover in financial year 2025 is ≈ €86,000. This figure is estimated from the gross margin of €8,497 and 159 comparable companies (NACE 433). It probably lies between €50,000 and €180,000. It is a rough estimate.Financials
Is ASAB profitable?
In financial year 2025, ASAB made a profit of €137.
Where can I find the annual accounts of ASAB?
ASAB filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ASAB due?
ASAB must file the annual accounts for financial year 2026 by 31-07-2027.Timeline