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ASAJAG

Active
Private limited companyfounded 200619 yrs activeSikambrenstraat 20, 1040 Etterbeek, BelgiumKBO/BCE: BE 0884.913.974

ASAJAG has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €400k and a net result of €81k. Equity is growing by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 76% of 7750 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
89 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▼-4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 4.22 against 7.24 in 2024; short-term debt: 23% and cash: 35.7% of total assets), and 23% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
77%
Return on assets
15.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 19 years 0 20 y
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
29 d late
2024
3 d early
2023
15 d early
2022
2 d early
2021
3 d early
2020
3 d early
2019
91 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€400k▲ 25.2%
2024 · €319k
2018: €167k 2019: €168k 2020: €160k 2021: €165k 2022: €221k 2023: €252k 2024: €319k
2018 → 2025
Total assets
€519k▲ 40.8%
2024 · €369k
2018: €182k 2019: €188k 2020: €172k 2021: €194k 2022: €288k 2023: €278k 2024: €369k
2018 → 2025
Net result
€81k▲ 18.6%
2024 · €68k
2018: €24k 2019: €2k 2020: €-8k 2021: €4k 2022: €57k 2023: €30k 2024: €68k
2018 → 2025
Working capital
€384k▲ 25.0%
2024 · €307k
2018: €110k 2019: €124k 2020: €125k 2021: €140k 2022: €206k 2023: €240k 2024: €307k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€165k-€221k▲ 34.3%€252k▲ 13.6%€319k▲ 27.0%€400k▲ 25.2%
Operating result€7k-€80k▲ 990%€41k▼ 48.4%€92k▲ 123%€106k▲ 15.0%
Net result€4k-€57k▲ 1,158%€30k▼ 46.7%€68k▲ 125%€81k▲ 18.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2021: €7k€7kNet result 2021: €4k€4kOperating result 2022: €80k€80kNet result 2022: €57k€57kOperating result 2023: €41k€41kNet result 2023: €30k€30kOperating result 2024: €92k€92kNet result 2024: €68k€68kOperating result 2025: €106k€106kNet result 2025: €81k€81k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 15% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €519k
Fixed assets €16k▲ 31.0%
Current assets €503k▲ 41.2%
Equity and liabilities €519k
Equity €400k▲ 25.2%
Debt €119k▲ 142%
The debt ratio rises from 13.3% to 23.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€115k
2024 · €102k
Cash flow
€90k
2024 · €78k
Solvency
77.0%
2024 · 86.7%
Current ratio
4.22
2024 · 7.24
Quick ratio
4.22
2024 · 7.24
Debt / equity
0.30
2024 · 0.15
ROE
20.1%
2024 · 21.2%
ROA
15.5%
2024 · 18.4%
Interest coverage
117.03
2024 · 585.98
Debt
€119k
2024 · €49k
Debt ≤ 1 year
€119k
2024 · €49k
Income taxes
€32k
2024 · €28k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€369k€519k
Fixed assets21/28€12k€16k
Tangible fixed assets22/27€12k€16k
Plant, machinery and equipment23€1k€2k
Furniture and vehicles24€11k€15k
Current assets29/58€356k€503k
Amounts receivable within one year40/41€51k€26k
Trade receivables40€46k€22k
Other amounts receivable41€5k€4k
Current investments50/53€175k€290k
Cash at bank and in hand54/58€128k€185k
Deferred charges and accrued income490/1€1k€1k
Equity and liabilities
Total equity and liabilities10/49€369k€519k
Equity10/15€319k€400k
Contributions10/11€6k€6k=
Reserves13€312k€392k
Distributable reserves133€312k€392k
Profit (loss) carried forward14€1k€2k
Amounts payable17/49€49k€119k
Amounts payable within one year42/48€49k€119k
Financial debts43€341€1k
Credit institutions430/8€341€1k
Trade debts44€3k€183
Suppliers440/4€3k€183
Taxes, remuneration and social security45€41k€65k
Taxes450/3€41k€63k
Remuneration and social security454/9-€2k
Other amounts payable47/48€5k€53k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€9k
Other operating charges640/8€1k€1k
Gross operating margin9900€103k€116k
Operating profit (loss)9901€92k€106k
Financial income75/76B€4k€8k
Recurring financial income75€4k€8k
Financial charges65/66B€174€984
Recurring financial charges65€174€984
Profit (loss) for the period before taxes9903€96k€112k
Income taxes67/77€28k€32k
Profit (loss) for the period9904€68k€81k
Profit (loss) for the period to be appropriated9905€68k€81k
Appropriation of the result
Profit (loss) to be appropriated9906€68k€82k
Profit (loss) brought forward from the previous period14P€483€1k
Transfer to equity691/2€67k€80k
To other reserves6921€67k€80k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-12
Financial Highest result since 2018net €81k ▲18.6%
Operating result €106k, net result €81k, both a record.
28-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
16-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Liquidity doublescurrent ratio 9.97
Current ratio from 4.09 to 9.97; short-term debt falls from €67k to €27k.
29-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Equity above €200kEq €221k ▲34.3%
2 profitable years in a row build equity to €221k.
28-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €4k
Net result €4k after one loss-making year.
28-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet €-8k ▼602%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
30-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
04-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 4 days late
2017
24-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Etterbeek · 1 establishment unit since 2007
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Sikambrenstraat 201040 Etterbeek
Ground area
594 m²
Building footprint
235 m²
Volume, LiDAR
1,592 m³
Parcel 21362B0292/02_000, Brussels · tallest building 13.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ASAJAG
Sikambrenstraat 20, 1040 EtterbeekNACE 74879
since 20072.161.041.125
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21362B0292/02_000 Brussels 594 m² 1 · 235 m² 13.3 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 24,503 companies in sector 82990 we hold annual accounts for 9,404. 6,180 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded10-11-2006
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
90201Performing arts by independent artists
91030Libraries, archives, museums and other cultural activities
91220Libraries, archives, museums and other cultural activities
92311
92520
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.