ASALI TRADING
ActiveASALI TRADING has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-110k) and a net result of €-85k. Equity is shrinking by ~64.2% per year across the filed fiscal years. Its solvency ranks better than 14% of 11297 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
29
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-5
Solvency0▼-19
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.78 against 0.94 in 2024; short-term debt: 128.1% and cash: 14.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-28.1%
Return on assets
-21.7%
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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-110k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
on the day
2023
50 d early
2022
25 d early
2021
39 d early
2020
18 d early
2019
101 d early
← 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 monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-110k▼ 338%
2024 · €-25k
2018: €84k
2019: €80k
2020: €41k
2021: €13k
2022: €15k
2023: €23k
2024: €-25k
2018 → 2025
Total assets
€391k▼ 13.3%
2024 · €451k
2018: €1.16M
2019: €794k
2020: €673k
2021: €563k
2022: €484k
2023: €466k
2024: €451k
2018 → 2025
Net result
€-85k▼ 75.1%
2024 · €-48k
2018: €4k
2019: €-5k
2020: €-39k
2021: €-28k
2022: €2k
2023: €8k
2024: €-48k
2018 → 2025
Working capital
€-110k▼ 315%
2024 · €-27k
2018: €83k
2019: €80k
2020: €41k
2021: €8k
2022: €11k
2023: €25k
2024: €-27k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€13k-€15k▲ 17.1%€23k▲ 53.3%€-25k€-110k▼ 338%
Operating result€-92k-€-65k▲ 30.1%€-71k▼ 9.9%€-110k▼ 54.6%€-85k▲ 22.5%
Net result€-28k-€2k€8k▲ 265%€-48k€-85k▼ 75.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €85k in 2025 against €110k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €391k
Fixed assets
€273▼ 81.5%
Current assets
€391k▼ 13.1%
Key figures and ratios
EBITDA
€-84k▲
2024 · €-108k
Cash flow
€-84k▼
2024 · €-47k
Solvency
-28.1%▼
2024 · -5.6%
Current ratio
0.78▼
2024 · 0.94
Quick ratio
0.71▲
2024 · 0.55
Debt / equity
-4.56▲
2024 · -18.98
ROA
-21.7%▼
2024 · -10.7%
Interest coverage
-137.95▼
2024 · -87.33
Debt
€501k▲
2024 · €476k
Debt ≤ 1 year
€501k▲
2024 · €476k
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€451k€391k▼
Fixed assets21/28€1k€273▼
Tangible fixed assets22/27€1k€273▼
Furniture and vehicles24€1k€273▼
Current assets29/58€450k€391k▼
Stocks and contracts in progress3€188k€34k▼
Stocks30/36€188k€34k▼
Amounts receivable within one year40/41€233k€299k▲
Trade receivables40€200k€290k▲
Other amounts receivable41€34k€9k▼
Cash at bank and in hand54/58€28k€56k▲
Deferred charges and accrued income490/1€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€451k€391k▼
Equity10/15€-25k€-110k▼
Contributions10/11€19k€19k=
Reserves13€22k€22k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€20k€20k=
Profit (loss) carried forward14€-66k€-150k▼
Amounts payable17/49€476k€501k▲
Amounts payable within one year42/48€476k€501k▲
Current portion of amounts payable after more than one year42€849€0▼
Financial debts43€9€0▼
Credit institutions430/8€9€0▼
Trade debts44€272k€317k▲
Suppliers440/4€272k€317k▲
Advances received on contracts in progress46€104k€63k▼
Taxes, remuneration and social security45€0€14k▲
Taxes450/3€0€14k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€100k€108k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€6k€6k▲
Gross operating margin9900€-103k€-77k▲
Operating profit (loss)9901€-110k€-85k▲
Financial income75/76B€62k€728▼
Recurring financial income75€62k€728▼
Financial charges65/66B€1k€607▼
Recurring financial charges65€1k€607▼
Profit (loss) for the period before taxes9903€-48k€-85k▼
Profit (loss) for the period9904€-48k€-85k▼
Profit (loss) for the period to be appropriated9905€-48k€-85k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-66k€-150k▼
Profit (loss) brought forward from the previous period14P€-17k€-66k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-85k
Net result drops to €-85k, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €8k ▲265%
Net result €8k, the highest in the series.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €2k
Net result €2k after 3 loss-making years.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
21-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
18-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Zele · 1 establishment unit since 2002
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.
Baaikensstraat 109240 ZeleGround area
4,306 m²
Building footprint
3,057 m²
Parcel 42028A1433/00D000, Flanders. Linked by address, not a title deed.
1 establishment unit
Baaikensstraat 10, 9240 Zele
since 20022.096.221.369
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42028A1433/00D000 | Flanders | 4,306 m² | 1 · 3,057 m² | - |
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
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MARGINAL
BE 0436.714.289
Anderlecht · Eq €24k
GLOBAL FAIR & CONSTRUCT
BE 0874.692.253
Lanaken · Eq €24k
WEVERIJ TISSAGE VANNESTE PHILIPPE
BE 0439.001.907
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THOKAR
BE 0475.268.128
Knokke-Heist · Eq €25k
Of 687 companies in sector 46412 we hold annual accounts for 517. 255 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded13-06-2002
Fiscal year end31-12
Activities, NACEBEL
46412Wholesale of household textiles and bedding
51410
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
47512Retail sale of household textiles and bedding
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47792Retail sale of second-hand clothing
47820Market retail: textiles, clothing, footwear
51160
52410
52502
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.