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ASB CONSTRUCT

Active
Private limited companyfounded 20232 yrs activeRue Arthur Decoux 179, 6020 Charleroi, BelgiumKBO/BCE: BE 1002.867.756
Summary

The computed 12-month bankruptcy probability of ASB CONSTRUCT is 4.4% (elevated). The 2024 annual accounts show equity of €29 and a net result of -€3,971. Its solvency ranks better than 10% of 36377 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability4
Solvency25
Growth-
Track record67
Bankruptcy probability, 12 months
4.4% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 1.0; short-term debt: 86.7% and cash: 2.9% of total assets), and 99.8% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 2024
Solvency, return and age of the figures
Solvency
0.2%
Return on assets
-22%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 36377 sector peers (2024).
NBB · sector comparison
Position among 36377 sector peers
Solvency
better than 10%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 31 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed 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

History

On 30 November 2023, ASB CONSTRUCT was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Turnover
€151,904
EBIT margin
-2.5%
Net result
-€3,971
Working capital
-€8

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €18,058
Fixed assets €2,413
Current assets €15,645
Equity and liabilities €18,058
Equity €29
Debt €18,029
Debt finances 99.8% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
-€2,766
Cash flow
-€2,957
Current ratio
1.00
ROA
-22.0%
Interest coverage
-14.47
Debt ≤ 1 year
€15,653
Equity ratios withheld: equity of €29 is too small for a meaningful ratio.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 31 lines
Balance sheet Code2024
Assets
Total assets20/58€18,058
Fixed assets21/28€2,413
Tangible fixed assets22/27€2,413
Land and buildings22€2,413
Current assets29/58€15,645
Amounts receivable within one year40/41€15,125
Trade receivables40€10,501
Other amounts receivable41€4,625
Cash at bank and in hand54/58€520
Equity and liabilities
Total equity and liabilities10/49€18,058
Equity10/15€29
Contributions10/11€4,000
Profit (loss) carried forward14-€3,971
Amounts payable17/49€18,029
Amounts payable within one year42/48€15,653
Trade debts44€13,641
Suppliers440/4€13,641
Other amounts payable47/48€2,012
Accrued charges and deferred income492/3€2,376
Income statement Code2024
Turnover70€151,904
Goods, raw materials, services and sundry goods60/61€154,230
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,015
Other operating charges640/8€440
Gross operating margin9900-€2,326
Operating profit (loss)9901-€3,780
Financial charges65/66B€191
Recurring financial charges65€191
Profit (loss) for the period before taxes9903-€3,971
Profit (loss) for the period9904-€3,971
Profit (loss) for the period to be appropriated9905-€3,971
Appropriation of the result
Profit (loss) to be appropriated9906-€3,971

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Turnover70€151,904
Goods, raw materials, services and sundry goods60/61€154,230
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,015
Other operating charges640/8€440
Gross operating margin9900-€2,326
Operating profit (loss)9901-€3,780
Financial charges65/66B€191
Recurring financial charges65€191
Profit (loss) for the period before taxes9903-€3,971
Profit (loss) for the period9904-€3,971
Profit (loss) for the period to be appropriated9905-€3,971
Line2024
Assets
Total assets20/58€18,058
Fixed assets21/28€2,413
Tangible fixed assets22/27€2,413
Land and buildings22€2,413
Current assets29/58€15,645
Amounts receivable within one year40/41€15,125
Trade receivables40€10,501
Other amounts receivable41€4,625
Cash at bank and in hand54/58€520
Equity and liabilities
Total equity and liabilities10/49€18,058
Equity10/15€29
Contributions10/11€4,000
Profit (loss) carried forward14-€3,971
Amounts payable17/49€18,029
Amounts payable within one year42/48€15,653
Trade debts44€13,641
Suppliers440/4€13,641
Other amounts payable47/48€2,012
Accrued charges and deferred income492/3€2,376
Line2024
Profit (loss) for the period9904-€3,971
+ Depreciation and write-downs630€1,015
Operating cash flow (approximation)-€2,957

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are 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, Charleroi · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
323 m²
Building footprint
111 m²
Volume, LiDAR
911 m³
2 parcels, Wallonia · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ASB CONSTRUCT
Rue du Warchat 61, 6042 CharleroiSite preparation
since 20232.354.698.556
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52016A0381/00R058 Wallonia 197 m² 1 · 48 m² 11.8 m · 3 fl.
52040C0258/00X023 Wallonia 126 m² 1 · 63 m² 9.9 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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

Of 8,462 companies in sector 43120 we hold annual accounts for 3,231. 7 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
Founded30-11-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
43230Insulation installation
43240Other construction installation
43910Bricklaying and masonry work
43990Other specialised construction activities
Contact
E-mail pro.crepis@gmx.fr

Scores and ratios are computed by Checked and are not a credit decision.