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ASBECO

Active
Private limited company (pre-2019)founded 199926 yrs activeIndustrielaan 28, 9320 Aalst, BelgiumKBO/BCE: BE 0467.064.205
Summary

ASBECO has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €279,428 and a net result of -€2,301. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 88% of 31840 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability36▲+2
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20,000 at 30 days acceptable
Liquidity ample (current ratio 10.16 against 10.58 in 2024; short-term debt: 9.8% and cash: 0.2% of total assets), and 9.9% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 26 years 0 30 y
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 05-05-2026, 5 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
5 d late
2024
44 d early
2023
36 d early
2022
5 d late
2021
1 d early
2020
1 d early
2019
16 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 13 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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 months
Position in the running window
26-09-2026 today30-09-2026 close30-04-2027 deadline
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 14 October 1999, ASBECO was incorporated.1 Total assets went from EUR 788,668 in 2018 to EUR 310,260 in 2025 and headcount from 2.3 full-time equivalents in 2018 to 0.6 in 2020.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2020 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€279,428▼ 0.8%
2024 · €281,729
Total assets
€310,260▼ 0.3%
2024 · €311,125
Net result
-€2,301▲ 49.7%
2024 · -€4,577
Working capital
€279,708▼ 0.7%
2024 · €281,729
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
Line20212022202320242025
Operating result-€27,973▲ 80.8%-€4,277▲ 84.7%-€2,356▲ 44.9%-€4,202▼ 78.3%-€1,705▲ 59.4%
Net result€47,523-€6,269€92,112-€4,577-€2,301▲ 49.7%
Equity€200,463▲ 31.1%€194,194▼ 3.1%€286,306▲ 47.4%€281,729▼ 1.6%€279,428▼ 0.8%
Total assets€378,614▼ 33.5%€362,346▼ 4.3%€386,847▲ 6.8%€311,125▼ 19.6%€310,260▼ 0.3%
Debt€122,390▼ 26.6%€112,391▼ 8.2%€100,541▼ 10.5%€29,396▼ 70.8%€30,832▲ 4.9%
Working capital€256,089▼ 17.2%€249,820▼ 2.4%€286,306▲ 14.6%€281,729▼ 1.6%€279,708▼ 0.7%
Staff (FTE)
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000Operating result 2021: -€27,973-€27,973Net result 2021: €47,523€47,523Operating result 2022: -€4,277-€4,277Net result 2022: -€6,269-€6,269Operating result 2023: -€2,356-€2,356Net result 2023: €92,112€92,112Operating result 2024: -€4,202-€4,202Net result 2024: -€4,577-€4,577Operating result 2025: -€1,705-€1,705Net result 2025: -€2,301-€2,30120212022202320242025-€25,000€0€25,000€50,000€75,000€100,000Operating result 2023: -€2,356-€2,360Net result 2023: €92,112€92,100Operating result 2024: -€4,202-€4,200Net result 2024: -€4,577-€4,580Operating result 2025: -€1,705-€1,710Net result 2025: -€2,301-€2,300202320242025
The operating result stays negative: a loss of €1,705 in 2025 against €4,202 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €310,260
Equity €279,428 ▼ 0.8%
Debt €30,832 ▲ 4.9%
Debt's share of the balance-sheet total rises from 9.4% to 9.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
10.16▼
2024 · 10.58
Debt to equity
0.11▲
2024 · 0.10
ROE
-0.8%▲
2024 · -1.6%
ROA
-0.7%▲
2024 · -1.5%
Debt ≤ 1 year
€30,552▲
2024 · €29,396
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€311,125€310,260▼
Current assets29/58€311,125€310,260▼
Amounts receivable within one year40/41€310,486€309,559▼
Other amounts receivable41€310,486€309,559▼
Cash at bank and in hand54/58€640€622▼
Deferred charges and accrued income490/1-€79
Equity and liabilities
Total equity and liabilities10/49€311,125€310,260▼
Equity10/15€281,729€279,428▼
Contributions10/11€18,600€18,600=
Reserves13€263,129€263,129=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€261,269€261,269=
Profit (loss) carried forward14--€2,301
Amounts payable17/49€29,396€30,832▲
Amounts payable within one year42/48€29,396€30,552▲
Financial debts43€22€22=
Credit institutions430/8€22€22=
Trade debts44€173€1,329▲
Suppliers440/4€173€1,329▲
Taxes, remuneration and social security45€23,202€23,202=
Taxes450/3€23,202€23,202=
Other amounts payable47/48€6,000€6,000=
Accrued charges and deferred income492/3-€280
Income statement Code20242025
Other operating charges640/8€3,131€1,138▼
Non-recurring operating charges66A-€165
Gross operating margin9900-€1,071-€402▲
Operating profit (loss)9901-€4,202-€1,705▲
Financial charges65/66B€375€596▲
Recurring financial charges65€375€596▲
Profit (loss) for the period before taxes9903-€4,577-€2,301▲
Profit (loss) for the period9904-€4,577-€2,301▲
Profit (loss) for the period to be appropriated9905-€4,577-€2,301▲
Appropriation of the result
Profit (loss) to be appropriated9906-€4,577-€2,301▲
Transfer from equity791/2€4,577-

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€970-----
Other operating charges640/8€4,330€335€132€3,131€1,138▼ 63.6%
Non-recurring operating charges66A----€165-
Gross operating margin9900-€22,673-€3,942-€2,224-€1,071-€402▲ 62.5%
Operating profit (loss)9901-€27,973-€4,277-€2,356-€4,202-€1,705▲ 59.4%
Financial income75/76B€292,031€52€96,171---
Recurring financial income75€292,031€52€40,411---
Non-recurring financial income76B€292,031-€55,761---
Financial charges65/66B€98,021€2,011€1,703€375€596▲ 58.8%
Recurring financial charges65€229€2,011€1,703€375€596▲ 58.8%
Non-recurring financial charges66B€97,792-----
Profit (loss) for the period before taxes9903€166,037-€6,235€92,112-€4,577-€2,301▲ 49.7%
Income taxes67/77€118,514€34----
Profit (loss) for the period9904€47,523-€6,269€92,112-€4,577-€2,301▲ 49.7%
Profit (loss) for the period to be appropriated9905€47,523-€6,269€92,112-€4,577-€2,301▲ 49.7%
Line20212022202320242025Change
Assets
Total assets20/58€378,614€362,346€386,847€311,125€310,260▼ 0.3%
Fixed assets21/28€135€135----
Financial fixed assets28€135€135----
Current assets29/58€378,479€362,211€386,847€311,125€310,260▼ 0.3%
Amounts receivable within one year40/41€332,071€358,936€386,516€310,486€309,559▼ 0.3%
Trade receivables40€111,231€111,231€97,792---
Other amounts receivable41€220,840€247,704€288,724€310,486€309,559▼ 0.3%
Current investments50/53--€331---
Cash at bank and in hand54/58€46,408€3,171-€640€622▼ 2.7%
Deferred charges and accrued income490/1-€105--€79-
Equity and liabilities
Total equity and liabilities10/49€378,614€362,346€386,847€311,125€310,260▼ 0.3%
Equity10/15€200,463€194,194€286,306€281,729€279,428▼ 0.8%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13€44,325€44,325€267,706€263,129€263,129=
Non-distributable reserves130/1€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860€1,860€1,860€1,860=
Distributable reserves133€42,465€42,465€265,846€261,269€261,269=
Profit (loss) carried forward14€137,538€131,269---€2,301-
Provisions and deferred taxes16€55,761€55,761----
Provisions for liabilities and charges160/5€55,761€55,761----
Major repairs and maintenance162€55,761€55,761----
Amounts payable17/49€122,390€112,391€100,541€29,396€30,832▲ 4.9%
Amounts payable within one year42/48€122,390€112,391€100,541€29,396€30,552▲ 3.9%
Financial debts43-€8€22€22€22=
Credit institutions430/8-€8€22€22€22=
Trade debts44€2,559€1,298-€173€1,329▲ 669%
Suppliers440/4€2,559€1,298-€173€1,329▲ 669%
Taxes, remuneration and social security45€118,514€74,009-€23,202€23,202=
Taxes450/3€118,514€74,009-€23,202€23,202=
Other amounts payable47/48€1,317€37,076€100,519€6,000€6,000=
Accrued charges and deferred income492/3----€280-
Line20212022202320242025Change
Profit (loss) for the period9904€47,523-€6,269€92,112-€4,577-€2,301▲ 49.7%
Operating cash flow (approximation)€47,523-€6,269€92,112-€4,577-€2,301▲ 49.7%
Investment in fixed assets (approximation)-€0----
Change in cash--€43,237---€17-

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

Next filing, fiscal year 2026, expected by 30-04-2027
2026
05-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
2025
17-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Liquidity triplescurrent ratio 10.58
Current ratio from 3.85 to 10.58; short-term debt falls from €100,541 to €29,396.
25-03
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial Back to profitnet €92,112
Net result €92,112 after one loss-making year.
30-09
Financial Equity above €200,000Eq €286,306 ▲47.4%
Equity rises from €194,194 to €286,306.
05-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 5 days late
2022
29-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial Back to profitnet €47,523
Net result €47,523 after one loss-making year.
30-09
Financial Equity above €200,000Eq €200,463 ▲31.1%
Equity rises from €152,940 to €200,463.
29-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial Weakest financial yearnet -€145,849
Net result drops to -€145,849, the lowest in the series; recovery starts the following year.
Show earlier events
14-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial Liquidity doublescurrent ratio 6.90
Current ratio from 3.07 to 6.90; short-term debt falls from €190,413 to €92,087.
24-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
20-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
28-04
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Aalst · 1 establishment unit since 1999
seat establishment The establishment unit on the map
Ground area
1.9 ha
Building footprint
2,095 m²
Volume, LiDAR
11,495 m³
Parcel 41342B1046/00R000, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
9 companies at this address See who is registered here
1 establishment unit
ASBECO
Industrielaan 28, 9320 AalstWater transport
since 19992.101.913.289
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41342B1046/00R000 Flanders 1.9 ha 1 · 2,095 m² 7.0 m · 2 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.

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,583. 38,493 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 (pre-2019)
Founded14-10-1999
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
32990Other manufacturing not elsewhere classified
38320Waste collection, recovery and disposal activities
38330Waste collection, recovery and disposal activities
46879Wholesale trade
77320Rental and leasing activities

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