ASATECH
ActiveSummary
The computed 12-month bankruptcy probability of ASATECH is 1.6% (moderate). The 2025 annual accounts show equity of €204,776 and a net result of €21,178. Equity is growing by ~25.6% per year across the filed fiscal years. Its solvency ranks better than 93% of 1319 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability80▼-19
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
Liquidity ample (current ratio 8.46 against 4.83 in 2024; short-term debt: 10.6% and cash: 67% of total assets), and 10.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 33
Relative position
BE, all sectors
reference
Repair, maintenance and installation of machinery and equipment (NACE 33)
about 56% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
89.4%
Return on assets
9.2%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 24-03-2026, 37 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
37 d early
2024
1 d early
2023
1 d early
2022
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 10 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, micro schema
Equity
€204,776▲ 11.5%
2024 · €183,598
Total assets
€229,063▼ 2.0%
2024 · €233,807
Net result
€21,178▼ 63.1%
2024 · €57,379
Working capital
€181,174▲ 13.1%
2024 · €160,176
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€132,878-€26,416▼ 80.1%€78,331▲ 197%€27,880▼ 64.4%
Net result€104,658-€18,561▼ 82.3%€57,379▲ 209%€21,178▼ 63.1%
Equity€107,658-€126,218▲ 17.2%€183,598▲ 45.5%€204,776▲ 11.5%
Total assets€188,490-€166,972▼ 11.4%€233,807▲ 40.0%€229,063▼ 2.0%
Debt€80,832-€40,754▼ 49.6%€50,209▲ 23.2%€24,287▼ 51.6%
Working capital€78,115-€99,554▲ 27.4%€160,176▲ 60.9%€181,174▲ 13.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 64% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €228,813
Fixed assets
€23,353 ▼ 25.1%
Current assets
€205,460 ▲ 1.7%
Equity and liabilities €229,063
Equity
€204,776 ▲ 11.5%
Debt
€24,287 ▼ 51.6%
Debt's share of the balance-sheet total falls from 21.5% to 10.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€38,867▼
2024 · €91,189
Cash flow
€32,165▼
2024 · €70,238
Current ratio
8.46▲
2024 · 4.83
Quick ratio
8.45▲
2024 · 4.83
Debt to equity
0.12▼
2024 · 0.27
ROE
10.3%▼
2024 · 31.3%
ROA
9.2%▼
2024 · 24.5%
Interest coverage
41.29▼
2024 · 67.50
Debt ≤ 1 year
€24,287▼
2024 · €41,812
Income taxes
€5,781▼
2024 · €19,601
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,681 | €13,830 | €12,858 | €10,987 | ▼ 14.6% |
| Other operating charges640/8 | €1,034 | €787 | €858 | €724 | ▼ 15.6% |
| Gross operating margin9900 | €142,593 | €41,034 | €92,047 | €39,591 | ▼ 57.0% |
| Operating profit (loss)9901 | €132,878 | €26,416 | €78,331 | €27,880 | ▼ 64.4% |
| Financial income75/76B | - | €21 | - | €21 | - |
| Recurring financial income75 | - | €21 | - | €21 | - |
| Financial charges65/66B | €825 | €1,786 | €1,351 | €941 | ▼ 30.3% |
| Recurring financial charges65 | €825 | €1,786 | €1,351 | €941 | ▼ 30.3% |
| Profit (loss) for the period before taxes9903 | €132,052 | €24,651 | €76,980 | €26,960 | ▼ 65.0% |
| Income taxes67/77 | €27,395 | €6,090 | €19,601 | €5,781 | ▼ 70.5% |
| Profit (loss) for the period9904 | €104,658 | €18,561 | €57,379 | €21,178 | ▼ 63.1% |
| Profit (loss) for the period to be appropriated9905 | €104,658 | €18,561 | €57,379 | €21,178 | ▼ 63.1% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €188,490 | €166,972 | €233,807 | €229,063 | ▼ 2.0% |
| Formation expenses20 | €1,404 | €1,019 | €634 | €250 | ▼ 60.7% |
| Fixed assets21/28 | €55,354 | €43,658 | €31,185 | €23,353 | ▼ 25.1% |
| Intangible fixed assets21 | - | - | - | €2,300 | - |
| Tangible fixed assets22/27 | €55,354 | €43,658 | €31,185 | €21,053 | ▼ 32.5% |
| Land and buildings22 | €7,024 | €7,857 | €6,707 | €5,557 | ▼ 17.1% |
| Plant, machinery and equipment23 | €1,606 | €1,191 | €776 | €362 | ▼ 53.4% |
| Furniture and vehicles24 | €46,724 | €34,610 | €23,702 | €15,135 | ▼ 36.1% |
| Current assets29/58 | €131,732 | €122,294 | €201,987 | €205,460 | ▲ 1.7% |
| Stocks and contracts in progress3 | €95 | €115 | €115 | €135 | ▲ 17.4% |
| Stocks30/36 | €95 | €115 | €115 | €135 | ▲ 17.4% |
| Amounts receivable within one year40/41 | €19,657 | €25,267 | €28,195 | €51,061 | ▲ 81.1% |
| Trade receivables40 | €19,657 | €20,834 | €28,195 | €39,110 | ▲ 38.7% |
| Other amounts receivable41 | - | €4,434 | - | €11,951 | - |
| Cash at bank and in hand54/58 | €110,989 | €95,783 | €172,470 | €153,437 | ▼ 11.0% |
| Deferred charges and accrued income490/1 | €991 | €1,129 | €1,208 | €827 | ▼ 31.5% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €188,490 | €166,972 | €233,807 | €229,063 | ▼ 2.0% |
| Equity10/15 | €107,658 | €126,218 | €183,598 | €204,776 | ▲ 11.5% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €104,658 | €123,218 | €180,598 | €201,776 | ▲ 11.7% |
| Distributable reserves133 | €104,658 | €123,218 | €180,598 | €201,776 | ▲ 11.7% |
| Amounts payable17/49 | €80,832 | €40,754 | €50,209 | €24,287 | ▼ 51.6% |
| Amounts payable after more than one year17 | €27,147 | €18,014 | €8,398 | - | - |
| Financial debts170/4 | €27,147 | €18,014 | €8,398 | - | - |
| Amounts payable within one year42/48 | €53,617 | €22,740 | €41,812 | €24,287 | ▼ 41.9% |
| Current portion of amounts payable after more than one year42 | €8,682 | €9,134 | €9,616 | €8,398 | ▼ 12.7% |
| Trade debts44 | €2,508 | €6,071 | €7,024 | €11,337 | ▲ 61.4% |
| Suppliers440/4 | €2,508 | €6,071 | €7,024 | €11,337 | ▲ 61.4% |
| Taxes, remuneration and social security45 | €30,421 | €7,536 | €24,896 | €3,946 | ▼ 84.2% |
| Taxes450/3 | €28,151 | €5,790 | €21,063 | - | - |
| Remuneration and social security454/9 | €2,269 | €1,746 | €3,833 | €3,946 | ▲ 3.0% |
| Other amounts payable47/48 | €12,006 | - | €276 | €607 | ▲ 120% |
| Accrued charges and deferred income492/3 | €68 | - | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €104,658 | €18,561 | €57,379 | €21,178 | ▼ 63.1% |
| + Depreciation and write-downs630 | €8,681 | €13,830 | €12,858 | €10,987 | ▼ 14.6% |
| Operating cash flow (approximation) | €113,339 | €32,391 | €70,238 | €32,165 | ▼ 54.2% |
| Investment in fixed assets (approximation) | - | -€2,135 | -€385 | -€3,155 | ▼ 720% |
| Change in cash | - | -€15,206 | €76,687 | -€19,033 | ▼ 125% |
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
Next filing, fiscal year 2026, expected by
2026
24-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Equity above €200,000Eq €204,776 ▲11.5%
4 profitable years in a row build equity to €204,776.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Equity above €150,000Eq €183,598 ▲45.5%
3 profitable years in a row build equity to €183,598.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €18,561 ▼82.3%
Net result drops to €18,561, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity doublescurrent ratio 5.38
Current ratio from 2.46 to 5.38; short-term debt falls from €53,617 to €22,740.
30-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Maasmechelen · 1 establishment unit since 2021
Ground area
810 m²
Building footprint
160 m²
Volume, LiDAR
626 m³
Parcel 73013C0697/00A000, Flanders · tallest building 9.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ASATECH
since 20212.317.954.956
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73013C0697/00A000 | Flanders | 810 m² | 1 · 160 m² | 9.6 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 164 EUR awarded · 164 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 164 EUR | 164 EUR |
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Of 1,226 companies in sector 33200 we hold annual accounts for 677. 515 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-05-2021
Fiscal year end30-09
Activities, NACEBEL 2025
33200Installation of industrial machinery and equipment
28220Manufacture of machinery and equipment not elsewhere classified
68110Buying and selling of own real estate
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.