Skip to content

ASALI TRADING

Active
Private limited company (pre-2019)founded 2002active for 24 yearsBaaikensstraat 10, 9240 Zele, BelgiumKBO/BCE: BE 0477.751.823
Summary

ASALI TRADING has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€109,906) and a net result of -€84,799. Equity has been shrinking by about 64% per year since 2018. Its solvency ranks better than 14% of 13,749 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Overview

Official details

Source: KBO
Status
Active since 13-06-2002 Normal situation
Activity
Wholesale of household textiles and bedding NACE 46412and 4 others
Establishment unit
2.096.221.369 9240 Zele, since 25-07-2002
Financial year end
31 December
Peppol
Reachable since 27-10-2025

Board and ownership

Board
  • Alasali SouhilDirector · since 30-05-2002
  • Alasali SamerDirector
  • Alasali YaserDirector
and 1 other

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.3%
Annual accounts 2025
Gross margin
-€77,497
▲ 24.7%
Loss
€84,799
▲ 75.1%
Equity
-€109,906
▼ 338%
Total assets
€391,164
▼ 13.3%
  • Negative equity on 31-12-2025
Turnover not published (abbreviated or micro format)
Score breakdownraises riskCapped at 59: negative equityNegative equity -€109,906Loss of €84,799, the second in a row (financial year 2025)lowers riskSize: total assets €391,164Liquidity: current ratio 0.78, cash €55,582Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 8% of micro companies in wholesale trade (NACE 46)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0-19
equity -28.1% of total assets
Liquidity 18+10
short-term debt 128.1% · cash 14.2%
Profitability 0-5
return on assets -21.7%
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,896 companies, NACE 46, micro)
Last 24 months 12-2024: 0.3%lowest value 01-2025: 0.3%● unchanged vs 12-2024lowest value 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.7%▲ +0.3 percentage points vs 07-2025 09-2025: 1.2%▲ +0.5 percentage points vs 08-2025 10-2025: 1.2%● unchanged vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.2%● unchanged vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026 06-2026: 1.2%● unchanged vs 05-2026 07-2026: 1.3%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 1.3%● unchanged vs 07-2026highest value 09-2026: 1.3%● unchanged vs 08-2026highest value 10-2026: 1.3%● unchanged vs 09-2026highest value 11-2026: 1.3%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.78 (0.94 in 2024), below 1. Short-term debt is 128.1% and cash 14.2% of total assets. Equity is negative.
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 46, micro). It does better than 6% of them on solvency, 17% on liquidity, 6% on profitability and 2% on growth.

The bankruptcy probability was computed on 04-11-2026 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 low class on 30-06-2025, 0.8% 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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €391,164
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€109,906
NBB · annual accounts
raises risk · Loss of €84,799, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.78, cash €55,582
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€109,906
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 filings
Deviation from the deadline
2025
53 days early
2024
on the day
2023
50 days early
2022
25 days early
2021
39 days early
2020
18 days early
2019
101 days early
← 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 41 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 22 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€109,906 View
  • Caution: Equity fell in 2025from -€25,107 to -€109,906 ▼ 338% View
  • Caution: Lower net result than 95% of companies in wholesale tradesector median €5,648 · 13,755 companies -€84,799 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€84,799 View

Recent changes

  1. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as ASALI TRADING: wholesale of household textiles and bedding (NACE 46412). They are comparable in size and age: total assets between €141,000 and €628,000, founded between 2000 and 2005.

CompanyTotal assetsGross margin
ASALI TRADING Zele€391,164-€77,497
M.E.C. LINE Brussels€360,597-€28,429
UNICORN IMPORTS La Louvière€628,267-€165,538
IRONWOOD Roeselare€214,669-€983
INJAZ BE Liège€436,269-€550
INVOLUTION Uccle€188,082-€60,744
D2 Ghent€141,424-€13,872
Full comparison

Key facts about ASALI TRADING

What is the company number of ASALI TRADING?
The company number of ASALI TRADING is 0477.751.823. The VAT number is the same number with BE in front: BE 0477.751.823.
Where is ASALI TRADING based?
The registered office is at Baaikensstraat 10, 9240 Zele.Company details
What does ASALI TRADING do?
According to the KBO register, the main activity is wholesale of household textiles and bedding (NACE 46412).
What is the legal form of ASALI TRADING?
ASALI TRADING is a private limited company (pre-2019) (BVBA).
When was ASALI TRADING founded?
ASALI TRADING was founded on 13-06-2002.
Is ASALI TRADING still active?
Yes, ASALI TRADING is an active enterprise in the KBO register.
What is the turnover of ASALI TRADING?
The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
Is ASALI TRADING profitable?
In financial year 2025, ASALI TRADING made a loss of €84,799.
Where can I find the annual accounts of ASALI TRADING?
ASALI TRADING filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ASALI TRADING due?
ASALI TRADING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.