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ASASAT

Active
Private limited companyfounded 200619 yrs activeAbdijstraat 223, 2020 Antwerpen, BelgiumKBO/BCE: BE 0885.281.782
Summary

The computed 12-month bankruptcy probability of ASASAT is 7.5% (elevated). For ASASAT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€111,399) and a net result of -€2,995. Equity is shrinking by ~5.1% per year across the filed fiscal years. The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
ASASATActive
Risk analysis ReportCompare

Overview

What they do
Activity not known1 site
How big
€12,150total assets 2023
Equity
-€111,399
Loss
-€2,995
Turnover not published (abridged schema)
Financially healthy?
Bankruptcy chance 12 m
7.5%
2023 figures too old to score
Who decides
Accounts 428 d overdue0 of 7 deeds read
Signals- Figures for FY 2023 (filed 06-09-2024)- 2 financial years not filed after the legal deadline; latest accounts 31 days late; 3 of the last 3 late- Two or more financial years not filed+ Size: total assets €12,150+ Founded in 2006Filed after the deadlineShow the evidence

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Weak
Solvency 0=
equity -916.9% of total assets
Liquidity 50=
short-term debt 1011.5% · cash 83.6%
Profitability 0=
return on assets -24.7%
Bankruptcy probability, 12 months
7.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

  • Figures for FY 2023 (filed 06-09-2024) raises the probability
  • 2 financial years not filed after the legal deadline; latest accounts 31 days late; 3 of the last 3 late raises the probability
  • Size: total assets €12,150 lowers the probability for this profile
  • Founded in 2006 lowers the probability for this profile
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2023 (filed 06-09-2024)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 2 financial years not filed after the legal deadline; latest accounts 31 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Size: total assets €12,150
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Founded in 2006
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline02-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-08-2024, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
31 d late
2022
31 d late
2021
54 d late
2020
153 d late
2019
28 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 59 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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
  1. Annual accounts filedfiscal year 2023 · micro…
  2. Annual accounts filedfiscal year 2022 · micro…
  3. Annual accounts filedfiscal year 2021 · micro…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2025 428 d late View
  • Risk: Negative equityfiscal year 2023: debts exceed assets -€111,399 View
  • Risk: 5 loss-making years in a rowloss fiscal year 2023 -€2,995 View

By topic

Financials

Fiscal year
2023
Total assets
€12,150
Loss
-€2,995
Solvency
-916.9%
Turnover▲ 8.7%
Net result
20192021
Go to Financials

Timeline

Events
11
Since
2012
  1. 31-08-2024Annual accounts filed
  2. 31-08-2023Annual accounts filed
  3. 23-09-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Founded
28-11-2006
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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