ASBI Systems

Active

Private limited companyfounded 20178 yrs activeSint-Mauritiuslaan 33, 2950 Kapellen, BelgiumKBO/BCE: BE 0682.806.061

ASBI Systems has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €6k and a net result of €47k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 36377 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).

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Checked score

Score 2024

56 / 100

Fair▲ +40 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+100

Solvency10▼-23

Growth58=

Stability100

Bankruptcy probability, 12 months

1.3% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days acceptable

Liquidity short (current ratio 0.85 against 0.51 in 2023), and 95.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

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

Sector 43

higher

← fewer bankruptcies more bankruptcies →

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

4.2%

Return on assets

33.8%

Age of the figures

20 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 36377 sector peers (2024).

NBB · sector comparison

Position among 36377 sector peers

Solvency

better than 11%

← weakest strongest →

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-09-2026, 405 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 7 filings

Deviation from the deadline

2025

not confirmed

2024

405 d late

2023

30 d late

2022

204 d late

2021

569 d late

2020

479 d late

2019

844 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Equity

€6k

2023 · €-41k

2018: €24k 2019: €44k 2020: €8k 2021: €-28k 2022: €-61k 2023: €-41k

2018 → 2024

Total assets

€139k▲ 226%

2023 · €43k

2018: €87k 2019: €86k 2020: €44k 2021: €14k 2022: €21k 2023: €43k

2018 → 2024

Net result

€47k▲ 138%

2023 · €20k

2018: €17k 2019: €21k 2020: €-36k 2021: €-37k 2022: €-32k 2023: €20k

2018 → 2024

Working capital

€-14k▲ 65.3%

2023 · €-41k

2018: €14k 2019: €37k 2020: €963 2021: €-31k 2022: €-56k 2023: €-41k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€8k-€-28k€-61k▼ 114%€-41k▲ 32.4%€6k

Operating result€-39k-€-36k▲ 8.3%€-33k▲ 6.8%€20k€51k▲ 152%

Net result€-36k-€-37k▼ 2.0%€-32k▲ 11.6%€20k€47k▲ 138%

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

Result per fiscal year

Operating resultNet result

The operating result has risen four years in a row; 2024 is 152% above 2023 and is the highest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €139k

41.7%

58.3%

Fixed assets €58k▲ 41,433%

Current assets €81k▲ 90.8%

Equity and liabilities €139k

95.8%

Equity €6k

Debt €133k

Debt finances 95.8% of the balance-sheet total.

Key figures and ratios

2024 value · change against 2023

EBITDA

€56k▲

2023 · €21k

Cash flow

€52k▲

2023 · €21k

Solvency

4.2%▲

2023 · -96.4%

Current ratio

0.85▲

2023 · 0.51

Quick ratio

0.85▲

2023 · 0.51

Debt / equity

22.86▲

2023 · -2.04

ROE

806.2%▲

2023 · -47.9%

ROA

33.8%▼

2023 · 46.2%

Interest coverage

14.11▼

2023 · 40.10

Debt

€133k▲

2023 · €84k

Debt ≤ 1 year

€95k▲

2023 · €84k

Debt > 1 year

€38k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€43k€139k▲

Fixed assets21/28€139€58k▲

Tangible fixed assets22/27€139€58k▲

Furniture and vehicles24€139€55k▲

Other tangible fixed assets26-€3k

Current assets29/58€42k€81k▲

Stocks and contracts in progress3€151€0▼

Stocks30/36€151€0▼

Amounts receivable within one year40/41€40k€79k▲

Trade receivables40€6k€19k▲

Other amounts receivable41€34k€59k▲

Cash at bank and in hand54/58€2k€2k▲

Deferred charges and accrued income490/1€100€100=

Equity and liabilities

Total equity and liabilities10/49€43k€139k▲

Equity10/15€-41k€6k▲

Contributions10/11€6k€6k=

Reserves13€2k€2k=

Distributable reserves133€2k€2k=

Profit (loss) carried forward14€-49k€-2k▲

Amounts payable17/49€84k€133k▲

Amounts payable after more than one year17-€38k

Financial debts170/4-€38k

Amounts payable within one year42/48€84k€95k▲

Current portion of amounts payable after more than one year42-€9k

Trade debts44€10k€51k▲

Suppliers440/4€10k€51k▲

Taxes, remuneration and social security45€347€225▼

Taxes450/3€347€225▼

Other amounts payable47/48€73k€35k▼

Income statement Code20232024

Non-recurring operating income76A-€16k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€5k▲

Other operating charges640/8€1k€564▼

Gross operating margin9900€23k€57k▲

Operating profit (loss)9901€20k€51k▲

Financial charges65/66B€534€4k▲

Recurring financial charges65€534€4k▲

Profit (loss) for the period before taxes9903€20k€47k▲

Profit (loss) for the period9904€20k€47k▲

Profit (loss) for the period to be appropriated9905€20k€47k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-49k€-2k▲

Profit (loss) brought forward from the previous period14P€-69k€-49k▲

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

Download as CSV

Timeline · acts, filings and financial milestones

All 10Financial 3Filings 7

2026

09-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 405 days late

2024

31-12

Financial Highest result since 2018net €47k ▲138%

Operating result €51k, net result €47k, both a record.

30-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 30 days late

20-02

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 204 days late

20-02

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 569 days late

2023

31-12

Financial Back to profitnet €20k

Net result €20k after 3 loss-making years.

2022

22-11

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 479 days late

22-11

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 844 days late

2021

31-12

Financial Weakest financial yearnet €-37k

Net result drops to €-37k, the lowest in the series; recovery starts the following year.

2020

10-09

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 407 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Kapellen · 1 establishment unit since 2017

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.

Sint-Mauritiuslaan 332950 Kapellen

Ground area

351 m²

Building footprint

119 m²

Volume, LiDAR

640 m³

Parcel 11362M0611/00A004, Flanders · tallest building 11.2 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

Asbi Systems

Sint-Mauritiuslaan 33, 2950 KapellenInstallation of industrial machinery and equipment

since 20172.268.764.771

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11362M0611/00A004	Flanders	351 m²	1 · 119 m²	11.2 m · 1 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

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

REXTRA

BE 1021.217.087

Anderlecht · Eq €6k

BASELINES BUSINESS SERVICES

Of 22,729 companies in sector 43211 we hold annual accounts for 10,274. 4,065 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded11-10-2017

Fiscal year end31-12

Activities, NACEBEL

43211General electrical installation work

62020IT consultancy

62200Computer consultancy and computer facilities management

Sources

Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.