ASAL GROUP
ActiveSummary
The computed 12-month bankruptcy probability of ASAL GROUP is 3.0% (moderate). The 2025 annual accounts show equity of €614 and a net result of -€19,386. Its solvency ranks better than 26% of 13683 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
Checked, nothing found (1)
History
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Financials · fiscal year 2025, micro schema
Turnover and EBIT margin not published: the micro schema does not require them.
Peer companies
Historical observationOf the 167 companies that looked in July 2024 the way this one looks now, 4.2% went bankrupt within 24 months and 89% are still going.
- Micro
- under 2 years old
- solvency under 10%
- a loss of 10% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 3.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 167 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2025 |
|---|---|
| Remuneration, social security and pensions62 | €69,901 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,076 |
| Other operating charges640/8 | €100 |
| Gross operating margin9900 | €62,844 |
| Operating profit (loss)9901 | -€19,233 |
| Financial charges65/66B | €154 |
| Recurring financial charges65 | €154 |
| Profit (loss) for the period before taxes9903 | -€19,386 |
| Profit (loss) for the period9904 | -€19,386 |
| Profit (loss) for the period to be appropriated9905 | -€19,386 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €187,487 | |
| Fixed assets21/28 | €178,524 | |
| Intangible fixed assets21 | €173,802 | |
| Tangible fixed assets22/27 | €4,721 | |
| Furniture and vehicles24 | €4,721 | |
| Current assets29/58 | €8,964 | |
| Stocks and contracts in progress3 | €2,000 | |
| Stocks30/36 | €2,000 | |
| Amounts receivable within one year40/41 | €1,331 | |
| Other amounts receivable41 | €1,331 | |
| Cash at bank and in hand54/58 | €5,632 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €187,487 | |
| Equity10/15 | €614 | |
| Contributions10/11 | €20,000 | |
| Profit (loss) carried forward14 | -€19,386 | |
| Amounts payable17/49 | €186,874 | |
| Amounts payable within one year42/48 | €186,874 | |
| Trade debts44 | €71,077 | |
| Suppliers440/4 | €71,077 | |
| Taxes, remuneration and social security45 | €18,504 | |
| Taxes450/3 | €4,072 | |
| Remuneration and social security454/9 | €14,431 | |
| Other amounts payable47/48 | €97,293 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€19,386 |
| + Depreciation and write-downs630 | €12,076 |
| Operating cash flow (approximation) | -€7,311 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
28-09
State Gazette act
Resignation: Yilmaz Alper (non-statutory director)Appointment: Erdogan Murat (non-statutory director) · Director discharge · Share transfer10 facts ▸
- General meeting, 18-08-2026
- Director resignation, Yilmaz Alper (non-statutory director)
- Director discharge, Yilmaz Alper
- Director appointment, Erdogan Murat (non-statutory director)
- Share transfer, Yilmaz Alper → Erdogan Murat
- Share transfer, Yilmaz Alper → Tosun Sait
- Shareholding, 18-08-2026, aandelen
- Shareholding, 18-08-2026, aandelen
- Shareholding, 18-08-2026, 50
- Shareholding, 18-08-2026, 50
11-05
State Gazette act
Statutes amendment · MiscellaneousCorrection1 fact ▸
- Correction, 1, vervangen
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 2 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Not every act has been read: a resignation may be missing here
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41076B0126/00L002 | Flanders | 479 m² | 1 · 108 m² | 7.5 m · 2 fl. |
| 44805E0509/00B000 | Flanders | 228 m² | 1 · 204 m² | 12.8 m · 4 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Erdogan Murat |
|
| YILMAZ Alper |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
Capital and shareholders
- Erdogan Murat 20 shares · 50%
- Tosun Sait 15 shares · 50%
- Yilmaz Alper to Erdogan Murat 20 shares
- Yilmaz Alper to Tosun Sait 15 shares
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSimilar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.