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ASAB

Active Private limited companyfounded 2023active for 3 yearsHooipolderlaan 32, 2660 AntwerpKBO/BCE: BE 0801.769.435

Lifetime

3 annual accounts with figures on one time axis
peak €14,791 (2023)
€8,497▲ 473%
lowest -€6,829 (2024)
€137▲ €6,966
peak €11,330 (2023)
€4,639▲ 3.0%
€14,229▼ 38.5%
Board1 name since 2023
1 director
Documentsfilings and deeds
08-07-202623 days before the deadline
2025micro format
Gross margin from €1,484 to €8,497Back to profit: €137Debts from €23,122 to €14,229Cash from €293 to €1,851

Key points

from the 2025 annual accounts

Turnover

≈ €86,000 estimated

The micro format states no turnover.

Debts

€14,229 75% of the balance sheet
Financial debts 26%Suppliers 14%Taxes and wages 13%Other 47%

Of this, €10,573 falls due within a year.

Position in the sector

€4,639

Less equity than 88% of companies in specialised construction. Sector median €57,716 · 35,168 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

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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Signals

Board and ownership

Director, since 12-05-2023
  • 90 sharesdeed of 17-05-2023
  • 10 sharesdeed of 17-05-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0801769435
Incorporation Founding capital of €4,000, 100 shares · Founders: and · Appointment: (director) · published on 17-05-2023 · Gazette deed
First establishment Hooipolderlaan 32, Antwerp
All 8 events

Comparable companies

same main activity, similar in size and age
Company
ASAB Antwerp €18,868 €8,497 24.6% -
UNIWORKX Riemst €17,286 €9,078 59.9% -
B&E Painting Grobbendonk €21,458 €11,447 7.2% -
Artist Decorations Zandhoven €23,232 €11,588 34.4% -
COSOPO ALGEMENE SCHILDERWERKEN Zandhoven €16,624 €13,279 35.5% -
GLOBAL MOEZ Sint-Pieters-Leeuw €23,785 €8,589 -80.3% -
K&M Beringen €20,615 €9,467 51.3% -

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.

Official details

Source: KBO
Status
Active since 15-05-2023Normal situation
Activity
Painting of buildingsNACE 43341and 5 others
Establishment unit
2.345.119.4112660 Antwerp, since 15-05-2023
Financial year end
31 December
Peppol
Reachable since 11-12-2025
Company details

Annual accounts 2025

€18,868▼ 31.7%
Filing
Filed on 08-07-2026, 23 days before the end of the filing period
Financials

Insights on ASAB

ASAB files the micro format. That format states no turnover. The gross margin fell from €14,791 in 2023 to €8,497 in 2025.

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 ASAB

What is the company number of ASAB?
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

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