Equity
-€58,420
Debts exceed assets in financial year 2025.
ASAJ
Lifetime
17 annual accounts with figures on one time axispeak €180,279 (2011)
€38,916▼ 4.6%
lowest -€32,095 (2015)
-€4,894▼ €5,430
peak €113,881 (2011)
-€58,420▼ €4,894
€72,001▲ 0.5%
peak 4.1 FTE (2010)
-not published
Board3 names since 2019
1 directorGani ASAJ
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Loss of €4,894Registered office moved from Charleroi to Marcinelle 24-01Cash from €6,128 to €2,565
Key points
from the 2025 annual accountsTurnover
≈ €190,000 estimated
The micro format states no turnover.
Debts
€72,001 530% of the balance sheet
Suppliers 6%Taxes and wages 19%Other 75%
Of this, €25,001 falls due within a year.
Staff
5 employees on 31-12-2025
In 2025, 2 people joined and 3 left.
Filings
17 annual accounts since 2007
Ten of the last ten came late. The 2015 accounts came latest: 292 days after the end of the period.
Position in the sector
-430.2%
Lower solvency than 95% of companies in food and beverage service. Sector median 29.5% · 17,162 companies.
Checked score
50
Fair
Financially stronger than 17% of micro companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,791 companies (NACE 56, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.7%
01-2025: 2.7%● unchanged vs 12-2024
02-2025: 2.7%● unchanged vs 01-2025
03-2025: 2.7%● unchanged vs 02-2025
04-2025: 2.7%● unchanged vs 03-2025
05-2025: 2.6%▼ -0.1 percentage points vs 04-2025
06-2025: 2.6%● unchanged vs 05-2025
07-2025: 2.7%▲ +0.1 percentage points vs 06-2025
08-2025: 3.0%▲ +0.3 percentage points vs 07-2025highest value
09-2025: 3.0%● unchanged vs 08-2025
10-2025: 2.6%▼ -0.4 percentage points vs 09-2025
11-2025: 2.8%▲ +0.2 percentage points vs 10-2025
12-2025: 2.0%▼ -0.8 percentage points vs 11-2025
01-2026: 2.0%● unchanged vs 12-2025
02-2026: 2.0%● unchanged vs 01-2026
03-2026: 2.1%▲ +0.1 percentage points vs 02-2026
04-2026: 2.1%● unchanged vs 03-2026
05-2026: 2.1%● unchanged vs 04-2026
06-2026: 1.8%▼ -0.3 percentage points vs 05-2026lowest value
07-2026: 1.9%▲ +0.1 percentage points vs 06-2026
08-2026: 1.9%● unchanged vs 07-2026
09-2026: 2.6%▲ +0.7 percentage points vs 08-2026
10-2026: 2.6%● unchanged vs 09-2026
11-2026: 2.6%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
Last filed accounts filed 31 days late; 3 of the last 3 accounts late
Loss of €4,894 (financial year 2025)
lowers risk
Size: total assets €13,581
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 56, micro). It does better than 9% of them on solvency, 19% on liquidity, 8% on profitability and 32% on growth.
The bankruptcy probability was computed on 10-11-2026 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 31-12-2025.
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, 6,619 companies had the same profile as ASAJ has now. Each dot stands for 17 companies, two years later.
84.5%
were still trading
10.0%
stopped another way
4.5%
went bankrupt
Another 1.0% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ASAJ itself: 2.6% within 12 months.
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.
| 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 6,619 companies, not a prediction for ASAJ. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.38 (0.41 in 2024), below 1. Short-term debt is 184.1% and cash 18.9% of total assets. Equity is negative.
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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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
18192122232425
2018 to 2025 · latest year -€58,420
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2024
116 days late
2023
61 days late
2022
122 days late
2021
179 days late
2019
137 days late
2018
140 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 112 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 November (4 of the last 5 accounts filed within 63 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0882824714
Registered office moved from Charleroi to Marcinelle
New registered office: avenue Marius Meurée 2, 6001 Marcinelle · Previous registered office: Avenue Marius Meurée 2, 6001 Charleroi · Resignation: Yves VANDERSTOCK (statutory manager) · General meeting of 07-11-2023 · Gazette deed
Resignation: Piliqi, Sinavere (manager)
Gazette deed
First establishment
LE ROMANTIC, Avenue Marius Meurée 2/4, Charleroi
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ASAJ Charleroi | €13,581 | €38,916 | -430.2% | - |
| BASMA Vilvoorde | €15,288 | €35,386 | -192.9% | - |
| JARDIN DU SUD La Hulpe | €15,879 | €34,097 | -132.3% | - |
| HUA DENG Brussels | €12,642 | €31,854 | -114.6% | - |
| The Art Temple Ronse | €15,602 | €51,651 | -52.3% | - |
| GRIJS KALF Leuven | €11,527 | €31,032 | -1219.4% | - |
| PIROTTE & PIROTTE Amay | €10,525 | €39,893 | -1237.4% | - |
These companies have the same main activity as ASAJ: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €10,500 and €15,900, founded between 2002 and 2010.
Official details
Source: KBO- Status
- Active since 02-08-2006Normal situation
- Activity
- Full-service restaurantsNACE 56111and 1 other
- Establishment unit
- 2.180.207.7316001 Charleroi, since 01-09-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2026
Insights on ASAJ
ASAJ files the micro format. That format states no turnover. The gross margin fell from €89,980 in 2007 to €38,916 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 ASAJ
- What is the company number of ASAJ?
- The company number of ASAJ is 0882.824.714. The VAT number is the same number with BE in front: BE 0882.824.714.
- Where is ASAJ based?
- The registered office is at Avenue Marius Meurée 2, 6001 Charleroi.Company details
- What does ASAJ do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of ASAJ?
- ASAJ is a private limited company (BV).
- When was ASAJ founded?
- ASAJ was founded on 02-08-2006.
- Is ASAJ still active?
- Yes, ASAJ is an active enterprise in the KBO register.
- How many employees does ASAJ have?
- ASAJ had an average of 3.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of ASAJ?
- The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €38,916 and 60 comparable companies (NACE 56111). It probably lies between €150,000 and €260,000. In financial year 2024 turnover was €124,968.
- Is ASAJ profitable?
- In financial year 2025, ASAJ made a loss of €4,894.
- Where can I find the annual accounts of ASAJ?
- ASAJ filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ASAJ due?
- ASAJ must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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