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ASBESTERS

Active
Private limited companyfounded 20233 yrs activeJacminstraat (Jean) 151, 1500 Halle, BelgiumKBO/BCE: BE 0799.772.522
Summary

The computed 12-month bankruptcy probability of ASBESTERS is 2.0% (moderate). The 2025 annual accounts show equity of €2,417 and a net result of -€480. Equity is shrinking by ~39.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 85% of 177 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency100=
Growth58=
Track record94
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
+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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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 2025
Age of the figures
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 38
Relative position
BE, all sectors
reference
Waste collection, recovery and disposal activities (NACE 38)
about 10% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-08-2026, 23 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 · 3 filings
Deviation from the deadline
2025
23 d late
2024
1 d early
2023
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 7 days after the deadline; the sector median for financial year 2024 is 8 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 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 21 March 2023, ASBESTERS was incorporated as a Private limited company.1 Total assets went from EUR 5,353 in 2023 to EUR 3,003 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€2,417▼ 16.6%
2024 · €2,897
Total assets
€3,003▲ 3.6%
2024 · €2,897
Net result
-€480▲ 73.4%
2024 · -€1,809
Working capital
€2,303▼ 6.8%
2024 · €2,470
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 38, Waste collection, recovery and disposal activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result-€3,259--€1,762▲ 45.9%-€441▲ 74.9%
Net result-€3,294within the sector's middle half--€1,809within the sector's middle half▲ 45.1%-€480within the sector's middle half▲ 73.4%
Equity€4,706below the sector's middle half-€2,897below the sector's middle half▼ 38.4%€2,417below the sector's middle half▼ 16.6%
Total assets€5,353below the sector's middle half-€2,897below the sector's middle half▼ 45.9%€3,003below the sector's middle half▲ 3.6%
Debt€647-€0▼ 100%€586
Working capital€3,965within the sector's middle half-€2,470within the sector's middle half▼ 37.7%€2,303within the sector's middle half▼ 6.8%
Solvency87.9%above the sector's middle half-
Current ratio7.13above the sector's middle half-
Return on assets (ROA)-61.5%below the sector's middle half-
above within below the middle half (P25 to P75) of NACE 38, Waste collection, recovery and disposal activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€4,000-€3,000-€2,000-€1,000€0Operating result 2023: -€3,259-€3,259Net result 2023: -€3,294-€3,294Operating result 2024: -€1,762-€1,762Net result 2024: -€1,809-€1,809Operating result 2025: -€441-€441Net result 2025: -€480-€480202320242025-€4,000-€3,000-€2,000-€1,000€0Operating result 2023: -€3,259-€3,260Net result 2023: -€3,294-€3,290Operating result 2024: -€1,762-€1,760Net result 2024: -€1,809-€1,810Operating result 2025: -€441-€441Net result 2025: -€480-€480202320242025
The operating result stays negative: a loss of €441 in 2025 against €1,762 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3,003
Fixed assets €114 ▼ 73.3%
Current assets €2,889 ▲ 17.0%
Equity and liabilities €3,003
Equity €2,417
Debt €586
Debt finances 19.5% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€128▲
2024 · -€1,449
Cash flow
-€167▲
2024 · -€1,495
Interest coverage
-2.84▲
2024 · -31.15
Debt ≤ 1 year
€586▲
2024 · €0
Ratios withheld: a balance sheet total of €3,003 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,227 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 87% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
2.9% went bankrupt
8.6% stopped otherwise
87% still going

A further 1.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,227 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 30 lines
Balance sheet Code20242025
Assets
Total assets20/58€2,897€3,003▲
Fixed assets21/28€428€114▼
Tangible fixed assets22/27€428€114▼
Furniture and vehicles24€428€114▼
Current assets29/58€2,470€2,889▲
Amounts receivable within one year40/41€223€305▲
Trade receivables40€145-
Other amounts receivable41€78€305▲
Cash at bank and in hand54/58€2,247€2,583▲
Equity and liabilities
Total equity and liabilities10/49€2,897€3,003▲
Equity10/15€2,897€2,417▼
Contributions10/11€8,000€8,000=
Profit (loss) carried forward14-€5,103-€5,583▼
Amounts payable17/49€0€586▲
Amounts payable within one year42/48€0€586▲
Trade debts44€0€586▲
Suppliers440/4€0€586▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€314€314=
Other operating charges640/8€387€400▲
Gross operating margin9900-€1,061€272▲
Operating profit (loss)9901-€1,762-€441▲
Financial income75/76B-€6
Recurring financial income75-€6
Financial charges65/66B€47€45▼
Recurring financial charges65€47€45▼
Profit (loss) for the period before taxes9903-€1,809-€480▲
Profit (loss) for the period9904-€1,809-€480▲
Profit (loss) for the period to be appropriated9905-€1,809-€480▲
Appropriation of the result
Profit (loss) to be appropriated9906-€5,103-€5,583▼
Profit (loss) brought forward from the previous period14P-€3,294-€5,103▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€209€314€314=
Other operating charges640/8€384€387€400▲ 3.2%
Gross operating margin9900-€2,665-€1,061€272▲ 126%
Operating profit (loss)9901-€3,259-€1,762-€441▲ 74.9%
Financial income75/76B--€6-
Recurring financial income75--€6-
Financial charges65/66B€35€47€45▼ 3.2%
Recurring financial charges65€35€47€45▼ 3.2%
Profit (loss) for the period before taxes9903-€3,294-€1,809-€480▲ 73.4%
Profit (loss) for the period9904-€3,294-€1,809-€480▲ 73.4%
Profit (loss) for the period to be appropriated9905-€3,294-€1,809-€480▲ 73.4%
Line202320242025Change
Assets
Total assets20/58€5,353€2,897€3,003▲ 3.6%
Fixed assets21/28€741€428€114▼ 73.3%
Tangible fixed assets22/27€741€428€114▼ 73.3%
Furniture and vehicles24€741€428€114▼ 73.3%
Current assets29/58€4,612€2,470€2,889▲ 17.0%
Amounts receivable within one year40/41-€223€305▲ 37.0%
Trade receivables40-€145--
Other amounts receivable41-€78€305▲ 290%
Cash at bank and in hand54/58€4,612€2,247€2,583▲ 15.0%
Equity and liabilities
Total equity and liabilities10/49€5,353€2,897€3,003▲ 3.6%
Equity10/15€4,706€2,897€2,417▼ 16.6%
Contributions10/11€8,000€8,000€8,000=
Profit (loss) carried forward14-€3,294-€5,103-€5,583▼ 9.4%
Amounts payable17/49€647€0€586-
Amounts payable within one year42/48€647€0€586-
Trade debts44€609€0€586-
Suppliers440/4€609€0€586-
Taxes, remuneration and social security45€13---
Taxes450/3€13---
Other amounts payable47/48€25---
Line202320242025Change
Profit (loss) for the period9904-€3,294-€1,809-€480▲ 73.4%
+ Depreciation and write-downs630€209€314€314=
Operating cash flow (approximation)-€3,085-€1,495-€167▲ 88.8%
Investment in fixed assets (approximation)-€0€0-
Change in cash--€2,365€336▲ 114%

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 31-07-2027
2026
23-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 23 days late
2025
30-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing Annual accounts filed
fiscal year 2023 · 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, Halle · 1 establishment unit since 2023
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Jacminstraat (Jean) 1511500 Halle
Ground area
1,414 m²
Building footprint
313 m²
Volume, LiDAR
2,280 m³
Parcel 23027F0158/00K004, Flanders · tallest building 14.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Asbesters
Poststraat 51, 1500 HalleWaste collection, recovery and disposal activities
since 20232.343.199.603
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23027F0158/00K004 Flanders 1,414 m² 1 · 313 m² 14.2 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.

Public money · subsidies and aid

Flemish government

2023 · 1 entry · 120 EUR awarded · 120 EUR paid
Year Entries awardedpaid
2023 1 120 EUR120 EUR
Schemes
1 entry · 120 EUR · 120 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 61 companies in sector 38320 we hold annual accounts for 47. 3 are within a factor 10 of this equity. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded21-03-2023
Fiscal year end31-12
Activities, NACEBEL 2025
38320Waste collection, recovery and disposal activities
39000Remediation activities and other waste management service activities
41001General construction of residential buildings
E-invoicing
Reachable via Peppol
Peppol ID 0208:0799772522
Also 9925:BE0799772522
Registered 01-03-2026

Register as of 28 September 2026 · Peppol Directory

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