ASAP
ActiveSummary
ASAP has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €554,100 and a net result of €39,274. Equity has been stable since 2019 (±1.7% per year). Its solvency ranks better than 39% of 9,850 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 11-06-1993 Normal situation
- Activity
- Wholesale of other food products NACE 46389and 1 other
- Establishment unit
- 2.062.466.854 1400 Nivelles, since 09-12-1994
- Financial year end
- 31 December
- Peppol
- Reachable since 31-12-2025
Board and ownership
Board
- Etienne COURTINDirector · since 26-12-2024
- Holdings
- Shares in 1 company URBAN SERVICES
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
Annual accounts 2025
- Gross margin
- €491,272
- Turnover
- ≈ €3.0m
- estimated
- Profit
- €39,274
- Equity
- €554,100
- Total assets
- €1.7m
- Employees on 31-12-2025
- 2
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLiquidity: current ratio 0.58, cash €26,637Last filed accounts filed 31 days late; 1 of the last 3 accounts latelowers riskFounded in 1993Size: 2 FTE, total assets €1.7mShow the evidence
Checked score
Score 2025
83
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 34% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Weak
Solvency
58-4
equity 32.7% of total assets
Liquidity
39-4
short-term debt 31.0% · cash 1.6%
Profitability
27-8
return on assets 2.3%
Bankruptcy probability within 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%lowest value
01-2025: 0.3%▲ +0.1 percentage points vs 12-2024
02-2025: 0.6%▲ +0.3 percentage points vs 01-2025
03-2025: 0.7%▲ +0.1 percentage points vs 02-2025
04-2025: 0.3%▼ -0.4 percentage points vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.4%▲ +0.1 percentage points vs 12-2025
02-2026: 0.7%▲ +0.3 percentage points vs 01-2026
03-2026: 0.8%▲ +0.1 percentage points vs 02-2026
04-2026: 1.4%▲ +0.6 percentage points vs 03-2026
05-2026: 1.5%▲ +0.1 percentage points vs 04-2026
06-2026: 1.7%▲ +0.2 percentage points vs 05-2026
07-2026: 3.1%▲ +1.4 percentage points vs 06-2026highest value
08-2026: 3.1%● unchanged vs 07-2026highest value
09-2026: 0.3%▼ -2.8 percentage points vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.58 (0.79 in 2024), below 1. Short-term debt is 31% and cash 1.6% of total assets. 67.3% of the assets are financed with debt and provisions.
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 42% of them on solvency, 36% on liquidity and 24% on profitability.
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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
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
28 days late
2023
28 days late
2022
24 days late
2021
24 days late
2020
26 days late
2019
27 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 27 days after 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 (1)
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00487314.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 32 filings
Turnover
≈ €3.0m
Estimated: probably between €2.3m and €5.5m
EBIT margin
Not included in this filing
Net result
€39,274
2024 · -€53,784
Working capital
-€220,990▼ 212%
2024 · -€70,771
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
€82,289
2025
20192025
Net result
€39,274
2025
middle half of the sector
20192025
Equity
€554,100
▲ 7.6%
2025
middle half of the sector
20192025
Total assets
€1.7m
▲ 23.1%
2025
middle half of the sector
20192025
Debt
€1.0m
▲ 31.7%
2025
20192025
Working capital
-€220,990
▼ 212%
2025
lowest quarter of the sector
20192025
Solvency
32.7%
▼ 4.7pp
2025
middle half of the sector
20192025
Current ratio
0.58
▼ 0.21
2025
lowest quarter of the sector
20192025
Return on assets (ROA)
2.3%
▲ 6.2pp
2025
middle half of the sector
20192025
Staff (FTE)
2
=
2025
middle half of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.1m-€0.1m▼ 30.6%-€0.2m€0.1m€0.05m▼ 44.1%-€0.02m€0.08m
Net result€0.1m-€0.07mwithin the sector's middle half▼ 36.1%-€0.2mbelow the sector's middle half€0.06mwithin the sector's middle half€0.03mwithin the sector's middle half▼ 49.0%-€0.05mbelow the sector's middle half€0.04mwithin the sector's middle half
Equity€0.6m-€0.7mwithin the sector's middle half▲ 11.9%€0.5mwithin the sector's middle half▼ 30.3%€0.5mwithin the sector's middle half▲ 13.0%€0.6mwithin the sector's middle half▲ 5.9%€0.5mwithin the sector's middle half▼ 9.5%€0.6mwithin the sector's middle half▲ 7.6%
Total assets€1.1m-€1.3mwithin the sector's middle half▲ 15.7%€1.1mwithin the sector's middle half▼ 15.7%€1.0mwithin the sector's middle half▼ 5.5%€1.4mwithin the sector's middle half▲ 39.1%€1.4mwithin the sector's middle half▼ 1.5%€1.7mwithin the sector's middle half▲ 23.1%
Debt€0.4m-€0.6m▲ 34.4%€0.6m▲ 1.5%€0.5m▼ 20.4%€0.8m▲ 77.1%€0.8m▼ 6.4%€1.0m▲ 31.7%
Working capital€0.2m-€0.2mwithin the sector's middle half▼ 10.6%-€0.2mbelow the sector's middle half-€0.1mbelow the sector's middle half▲ 39.4%-€0.07mbelow the sector's middle half▲ 29.0%-€0.07mbelow the sector's middle half▼ 0.2%-€0.2mbelow the sector's middle half▼ 212%
Solvency55.9%-54.0%within the sector's middle half▼ 1.8pp44.7%within the sector's middle half▼ 9.4pp53.4%within the sector's middle half▲ 8.7pp40.7%within the sector's middle half▼ 12.7pp37.4%within the sector's middle half▼ 3.3pp32.7%within the sector's middle half▼ 4.7pp
Current ratio1.83-1.47within the sector's middle half▼ 0.360.56below the sector's middle half▼ 0.900.68below the sector's middle half▲ 0.120.79below the sector's middle half▲ 0.110.79below the sector's middle half=0.58below the sector's middle half▼ 0.21
Return on assets (ROA)10.4%-5.7%within the sector's middle half▼ 4.7pp-19.4%below the sector's middle half▼ 25.2pp6.1%within the sector's middle half▲ 25.5pp2.3%within the sector's middle half▼ 3.9pp-3.9%below the sector's middle half▼ 6.2pp2.3%within the sector's middle half▲ 6.2pp
Staff (FTE)1-1below the sector's middle half=1below the sector's middle half=2below the sector's middle half▲ 100%2below the sector's middle half=2below the sector's middle half=2within the sector's middle half=
above
within
below
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a profit of €82,289, after a loss of €16,518 in 2024.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.7m
Fixed assets
€1.4m ▲ 24.5%
Current assets
€305,323 ▲ 17.0%
Equity and liabilities €1.7m
Equity
€554,100 ▲ 7.6%
Provisions
€118,009 ▲ 37.1%
Debt
€1.0m ▲ 31.7%
Debt's share of the balance-sheet total rises from 56.4% to 60.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€173,045▲
2024 · €64,575
Cash flow
€130,029▲
2024 · €27,309
Debt to equity
1.85▲
2024 · 1.51
ROE
7.1%▲
2024 · -10.4%
Interest coverage
0.61▼
2024 · 2.54
Debt ≤ 1 year
€526,313▲
2024 · €331,813
Debt > 1 year
€492,062▲
2024 · €441,827
Income taxes
€4,972▼
2024 · €12,151
Staff costs
€276,588▲
2024 · €168,089
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 31-12-2025 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | 2 | 2 | 2 |
| full-time | 2 | 2 | 2 | 2 |
| in full-time equivalents | 2 | 2 | 2 | 2 |
| Average over the year, in full-time equivalents | 1.7 | 2 | 2 | 2 |
| On a permanent contract | 2 | 2 | 2 | 2 |
| Joined | 1 | - | 1 | - |
| Left | 0 | - | 1 | - |
Source: social balance sheet in the 2022 to 2025 annual accounts
Securities and guarantees
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 2025 |
|---|---|---|---|---|
| Debts secured on the company's own assets | €151,287 | €533,515 | €485,523 | €417,000 |
| Mortgages, amount registered | €117,500 | €167,500 | €167,500 | €167,500 |
| Mortgage mandates | - | €365,000 | €365,000 | €365,000 |
| Carrying value of the mortgaged assets | €100,288 | €525,600 | €486,246 | €460,576 |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | €5,800 | €466,368 | €66,732 | €189,392 |
| Financial fixed assets | - | - | - | €200,000 |
| Depreciation and write-downs of the year | €62,607 | €70,370 | €81,093 | €90,756 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €6,198 | €3,539 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €132,271 | €163,263 | €168,089 | €276,588 | ▲ 64.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €48,279 | €54,453 | €69,301 | €62,607 | €70,370 | €81,093 | €90,756 | ▲ 11.9% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | - | €86,050 | €31,958 | ▼ 62.9% |
| Other operating charges640/8 | - | - | - | €8,883 | €7,432 | €9,270 | €9,681 | ▲ 4.4% |
| Gross operating margin9900 | €294,192 | €214,374 | €311,308 | €301,992 | €295,947 | €327,984 | €491,272 | ▲ 49.8% |
| Operating profit (loss)9901 | €144,864 | €100,469 | -€174,610 | €98,231 | €54,882 | -€16,518 | €82,289 | - |
| Financial income75/76B | - | - | - | €244 | €7,429 | €301 | €245,353 | ▲ 815× |
| Recurring financial income75 | €12,637 | €3,742 | €228 | €244 | €7,429 | €301 | €245,353 | ▲ 815× |
| Financial charges65/66B | - | - | - | €8,554 | €17,243 | €25,416 | €283,397 | ▲ 11× |
| Recurring financial charges65 | €10,622 | €11,009 | €12,606 | €8,554 | €17,243 | €25,416 | €283,397 | ▲ 11× |
| Profit (loss) for the period before taxes9903 | €146,880 | €93,202 | -€186,988 | €89,921 | €45,068 | -€41,633 | €44,245 | - |
| Income taxes67/77 | €33,349 | €20,696 | €19,588 | €28,269 | €13,598 | €12,151 | €4,972 | ▼ 59.1% |
| Profit (loss) for the period9904 | €113,531 | €72,506 | -€206,577 | €61,652 | €31,470 | -€53,784 | €39,274 | - |
| Profit (loss) for the period to be appropriated9905 | €113,531 | €72,506 | -€206,577 | €61,652 | €31,470 | -€53,784 | €39,274 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.1m | €1.3m | €1.1m | €1.0m | €1.4m | €1.4m | €1.7m | ▲ 23.1% |
| Fixed assets21/28 | €0.7m | €0.7m | €0.9m | €0.8m | €1.1m | €1.1m | €1.4m | ▲ 24.5% |
| Tangible fixed assets22/27 | €0.3m | €0.3m | €0.7m | €0.7m | €1.0m | €1.0m | €1.1m | ▲ 9.9% |
| Land and buildings22 | - | - | - | €0.5m | €1.0m | €0.9m | €0.9m | ▼ 3.1% |
| Plant, machinery and equipment23 | - | - | - | €0.08m | €0.02m | €0.01m | €0.2m | ▲ 15× |
| Furniture and vehicles24 | - | - | - | €0.05m | €0.03m | €0.07m | €0.05m | ▼ 30.0% |
| Financial fixed assets28 | €0.4m | €0.4m | €0.1m | €0.1m | €0.1m | €0.1m | €0.3m | ▲ 140% |
| Current assets29/58 | €0.4m | €0.5m | €0.2m | €0.2m | €0.3m | €0.3m | €0.3m | ▲ 17.0% |
| Amounts receivable within one year40/41 | €0.4m | €0.5m | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 16.6% |
| Trade receivables40 | - | - | - | €0.04m | €0.02m | €254 | €0.02m | ▲ 84× |
| Other amounts receivable41 | - | - | - | €0.1m | €0.2m | €0.2m | €0.2m | ▲ 7.5% |
| Current investments50/53 | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | = |
| Cash at bank and in hand54/58 | €0.02m | €0.008m | €0.02m | €0.02m | €0.03m | €0.02m | €0.03m | ▲ 40.9% |
| Deferred charges and accrued income490/1 | - | - | - | €0.006m | €0.009m | €0.007m | €0.005m | ▼ 30.3% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.1m | €1.3m | €1.1m | €1.0m | €1.4m | €1.4m | €1.7m | ▲ 23.1% |
| Equity10/15 | €0.6m | €0.7m | €0.5m | €0.5m | €0.6m | €0.5m | €0.6m | ▲ 7.6% |
| Contributions10/11 | €0.07m | - | - | €0.07m | €0.07m | €0.07m | €0.07m | = |
| Reserves13 | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.5m | ▲ 8.9% |
| Non-distributable reserves130/1 | - | - | - | €0.007m | €0.007m | €0.007m | €0.007m | = |
| Reserves not available under the articles1311 | - | - | - | €0.007m | €0.007m | €0.007m | €0.007m | = |
| Distributable reserves133 | - | - | - | €0.4m | €0.4m | €0.4m | €0.5m | ▲ 9.0% |
| Profit (loss) carried forward14 | €0.2m | €0.3m | €0.04m | €0.04m | €0.05m | €0.002m | €0.002m | ▲ 13.8% |
| Provisions and deferred taxes16 | €0.05m | - | - | - | - | €0.09m | €0.1m | ▲ 37.1% |
| Provisions for liabilities and charges160/5 | - | - | - | - | - | €0.09m | €0.1m | ▲ 37.1% |
| Other liabilities and charges164/5 | - | - | - | - | - | €0.09m | €0.1m | ▲ 37.1% |
| Amounts payable17/49 | €0.4m | €0.6m | €0.6m | €0.5m | €0.8m | €0.8m | €1.0m | ▲ 31.7% |
| Amounts payable after more than one year17 | €0.2m | €0.2m | €0.2m | €0.2m | €0.5m | €0.4m | €0.5m | ▲ 11.4% |
| Financial debts170/4 | - | - | - | €0.2m | €0.5m | €0.4m | €0.5m | ▲ 11.4% |
| Other amounts payable178/9 | - | - | - | €0.001m | €0.002m | €0.002m | €0.002m | = |
| Amounts payable within one year42/48 | €0.2m | €0.4m | €0.4m | €0.3m | €0.3m | €0.3m | €0.5m | ▲ 58.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.06m | €0.07m | €0.05m | €0.06m | ▲ 35.4% |
| Trade debts44 | €0.03m | €0.04m | €0.02m | €0.02m | €0.02m | €0.02m | €0.04m | ▲ 99.4% |
| Suppliers440/4 | - | - | - | €0.02m | €0.02m | €0.02m | €0.04m | ▲ 99.4% |
| Advances received on contracts in progress46 | - | - | - | - | €0.05m | €0.06m | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.1m | €0.07m | €0.07m | €0.06m | ▼ 15.9% |
| Taxes450/3 | - | - | - | €0.07m | €0.04m | €0.04m | €0.03m | ▼ 14.8% |
| Remuneration and social security454/9 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | ▼ 17.1% |
| Other amounts payable47/48 | - | - | - | €0.1m | €0.1m | €0.1m | €0.4m | ▲ 163% |
| Accrued charges and deferred income492/3 | - | - | - | €0.008m | €0.004m | €0.003m | €0.005m | ▲ 58.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €113,531 | €72,506 | -€206,577 | €61,652 | €31,470 | -€53,784 | €39,274 | - |
| + Depreciation and write-downs630 | €48,279 | €54,453 | €69,301 | €62,607 | €70,370 | €81,093 | €90,756 | ▲ 11.9% |
| Operating cash flow (approximation) | €161,810 | €126,959 | -€137,276 | €124,259 | €101,840 | €27,309 | €130,029 | ▲ 376% |
| Investment in fixed assets (approximation) | - | -€113,077 | -€181,216 | -€5,800 | -€403,824 | -€66,732 | -€364,392 | ▼ 446% |
| Change in cash | - | -€10,380 | €9,864 | €4,729 | €10,148 | -€14,255 | €7,727 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,041 companies had the same profile as ASAP has now. Two years later, 94.3% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
94.3%
was still going
4.9%
stopped otherwise
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ASAP itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,446 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 17,041 companies, not a prediction for ASAP. 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.
Latest 10 of 32 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-08-2026 | 2026-00487314 | |
| 30-06-2024 | full format | 28-02-2025 | 2025-00042310 | |
| 30-06-2023 | full format | 28-02-2024 | 2024-00038741 | |
| 30-06-2022 | full format | 24-02-2023 | 2023-00032014 | |
| 30-06-2021 | full format | 24-02-2022 | 2022-06300212 | |
| 30-06-2020 | full format | 26-02-2021 | 2021-06300155 | |
| 30-06-2019 | full format | 27-02-2020 | 2020-05800521 | |
| 30-06-2018 | full format | 25-02-2019 | 2019-05900413 | |
| 30-06-2017 | full format | 28-02-2018 | 2018-06000237 | |
| 30-06-2016 | full format | 28-02-2017 | 2017-05300590 |
Board & ownership
Directors
Directors
1 director, last change in 2025
Etienne COURTIN
Current
Director (not named in the articles) · since 26-12-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 31-08-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 14-01-2025Owners and capital
Capital transactions
Capital over time
- 14-01-2025 Converted to unavailable equity · €74,400
- 14-01-2025 Converted to unavailable equity · €7,440
- 14-01-2025 Converted to uncalled contributions
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Rémunération des administrateurs, l’assemblée générale décide si le mandat d’administrateur est ou non exercé gratuitement”
Capital, shares and profit
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Nantissement d’actions, accord préalable et unanime des autres actionnaires”
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Libérées à leur émission, en cas d’actionnaire unique-administrateur, ce dernier détermine librement, au fur et à mesure des besoins de la…”
Articles of association, deed of 14-01-2025 (in French)
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- URBAN SERVICESsubsidiarySourceown accounts 2025Equity €507,925 Profit of €165,334 in 2025 (profit of €85,780 in 2024) Checked score 89100%
Companies at the same address
4 other companiesConnections & network
1 current directorThe network starts from the directors of ASAP. Every other company they run is a node.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
2026
31-08
abbreviated format · 31 days late
2025
31-12
Financial
Back to profitnet €39,274
The net result is €39,274, after one loss-making year.
28-02
full format · 28 days late
14-01
Gazette deed
Appointment: Etienne COURTIN (director)3,000 shares · Power of attorney: Etienne COURTIN · Registered office clause: Wavre (1301), Avenue des Aubépines 355 points ▸
Gazette deed
Appointment: Etienne COURTIN (director)
3,000 shares · Power of attorney: Etienne COURTIN · Registered office clause: Wavre (1301), Avenue des Aubépines 355 points ▸
- General meeting, 26-12-2024
- 3,000 shares
- Director appointment, Etienne COURTIN (director (not named in the articles))
- Power of attorney, Etienne COURTIN
- Registered office clause, Wavre (1301), Avenue des Aubépines 35
- The act holds 5 more points.
2024
28-02
full format · 28 days late
2023
24-02
full format · 24 days late
2022
30-06
Financial
Back to profitnet €61,652
The net result is €61,652, after one loss-making year.
30-06
Financial
Equity above €500,000equity €537,140 ▲13%
Equity rises from €475,488 to €537,140.
24-02
full format · 24 days late
2021
30-06
Financial
Weakest financial yearnet -€206,577
The net result drops to -€206,577, the lowest from 2019 to 2025. It recovers the following year.
26-02
full format · 26 days late
2020
27-02
full format · 27 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
ASAP in French
Enterprise number
0450.242.425
LEI code
875500FK4UBUMENKV650
live in the LEI register
Legal form
Private limited company
Status
Active, normale toestand
Founded
11-06-1993
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 14-01-2025 (in French)Registered office and establishments
Registered office
Avenue des Aubépines 35, 1301 Wavre, Belgium
Establishment unit
ASAP SPRL, Rue du Progrès 1, 1400 Nivelles since 09-12-1994 · unit number 2.062.466.854 64210 Activities of holding companies
Phone
026488880 establishment in Nivelles
Activities
NACEBEL 2025VAT activities
46389
Wholesale of other food products main activity
Social security (RSZ) activities
70200
Business and other management consultancy main activity
Codes under NACEBEL 2008
VAT activities
46389
Wholesale of other food products main activity
Social security (RSZ) activities
70220
Business consulting main activity
Codes under NACEBEL 2003
51384
main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 14-01-2025 (in French)
“L'achat, la vente, la fabrication, en gros ou en détail, de tous produits frais, cuits, crus ou surgelés en matière de boulangerie, ainsi…”
8 activities
- L'achat, la vente, la fabrication, en gros ou en détail, de tous produits frais, cuits, crus ou surgelés en matière de boulangerie, ainsi que de plats préparés, de boissons non alcoolisées, etc…, tant en Belgique qu'à l'étranger
- L'import-export, l'achat, la vente, la loca-tion, en gros ou en détail, de fours de cuisson et de tous matériels et ustensiles se rapportant à son objet social, de produits textiles et de véhicules neufs
- L’exécution de tous travaux de nettoyage, d'entretien, de modernisation et d'aménagement dans tous immeubles généralement quelconques, tant in-dustriels, commerciaux que privés ou publics et le nettoyage des glaces, vi-tres, fenêtres, châssis, façades et de tous ornements tant intérieurs qu'exté-rieurs
- La vente, la fabrication, la location et le commerce en général de tous produits ou engins quelconques, naturels, mécaniques, chimiques ou autres nécessai-res ou utiles de quelque façon que ce soit à la réalisation de ces travaux
- La prise de participations financières, techniques ou autres, dans toutes autres entreprises ou organismes susceptibles de lui faciliter la réalisation de son objet social
- Toutes opérations généralement quelconques relatives à l'acquisition, la gestion et la valorisation d'un patrimoine immobilier et mobilier, et notamment l'achat, la vente, la location, le lotissement d'immeubles bâtis et non bâtis, l'érection partielle ou totale de construction de tout type, même sur des terrains appartenant à des tiers, l'entreprise d'intermédiaire commercial et toutes affaires immobilières
- Toutes opérations industrielles, commerciales, fi-nancières, mobilières ou immobilières ayant un rapport même indirect avec son objet
- S'intéresser par tous moyens dans d'autres sociétés, entre-prises ou associations existantes ou à créer, en Belgique ou à l'étranger, dont l'objet serait analogue ou connexe au sien ou qui seraient susceptibles de favori-ser ou de développer sa propre activité
Invoicing and payment
VAT number
BE 0450.242.425
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Monday of June at 17:00
deed of 14-01-2025 (in French)Sites & property
Location
Buildings and parcels at the addresses
Ground area
4,366 m²
Building footprint
503 m²
Building volume
3,260 m³
Tallest building: 18.2 m.
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25782C0576/00F011 | Wallonia | 2,535 m² | 1 · 273 m² | 6.7 m · 2 |
| 25006E0065/00V005 | Wallonia | 1,831 m² | 1 · 230 m² | 18.2 m · 2 |