aSc
ActiveSummary
aSc has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €108,659 and a net result of €48,325. Equity is growing by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 45% of 31896 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability63▲+29
Solvency75▲+16
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 2.37 against 1.86 in 2024; short-term debt: 37.2% and cash: 2.1% of total assets), and 49.7% 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
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 · 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
50.3%
Return on assets
22.4%
Age of the figures
12 mo
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-05-2026, 27 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 · 8 filingsDeviation from the deadline
2025
27 d late
2024
30 d late
2023
30 d late
2022
23 d late
2021
24 d late
2020
31 d late
2019
19 d late
← 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 26 days after 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 monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€108,659▲ 80.1%
2024 · €60,334
Total assets
€215,993▲ 22.6%
2024 · €176,218
Net result
€48,325▲ 744%
2024 · €5,728
Working capital
€110,424▲ 66.0%
2024 · €66,528
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€15,021▼ 79.2%€43,605▲ 190%€94,094▲ 116%€69,956▼ 25.7%€141,139▲ 102%
Net result€7,202▼ 86.7%€29,654▲ 312%€64,369▲ 117%€5,728▼ 91.1%€48,325▲ 744%
Equity€112,354▲ 6.8%€65,537▼ 41.7%€54,605▼ 16.7%€60,334▲ 10.5%€108,659▲ 80.1%
Total assets€169,000▲ 16.1%€237,916▲ 40.8%€267,511▲ 12.4%€176,218▼ 34.1%€215,993▲ 22.6%
Debt€56,646▲ 40.3%€172,379▲ 204%€212,905▲ 23.5%€115,884▼ 45.6%€107,334▼ 7.4%
Working capital€84,058▲ 138%€47,931▼ 43.0%€68,412▲ 42.7%€66,528▼ 2.8%€110,424▲ 66.0%
Staff (FTE)1
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 102% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €215,993
Fixed assets
€25,159 ▼ 22.7%
Current assets
€190,834 ▲ 32.8%
Equity and liabilities €215,993
Equity
€108,659 ▲ 80.1%
Debt
€107,334 ▼ 7.4%
Debt's share of the balance-sheet total falls from 65.8% to 49.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€152,992▲
2024 · €81,270
Cash flow
€60,178▲
2024 · €17,042
Current ratio
2.37▲
2024 · 1.86
Quick ratio
2.26▲
2024 · 1.74
Debt to equity
0.99▼
2024 · 1.92
ROE
44.5%▲
2024 · 9.5%
ROA
22.4%▲
2024 · 3.3%
Interest coverage
1.96▲
2024 · 1.38
Debt ≤ 1 year
€80,411▲
2024 · €77,151
Debt > 1 year
€26,648▼
2024 · €38,470
Income taxes
€20,299▲
2024 · €9,563
Staff costs
€20,406▼
2024 · €29,597
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.6% |
| 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 74% 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 26,964 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €10,336 | €27,270 | €29,597 | €20,406 | ▼ 31.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,775 | €9,120 | €11,850 | €11,314 | €11,853 | ▲ 4.8% |
| Other operating charges640/8 | €5,192 | €1,493 | €1,356 | €1,574 | €4,599 | ▲ 192% |
| Gross operating margin9900 | €27,989 | €64,554 | €134,569 | €112,440 | €177,996 | ▲ 58.3% |
| Operating profit (loss)9901 | €15,021 | €43,605 | €94,094 | €69,956 | €141,139 | ▲ 102% |
| Financial income75/76B | €1,980 | €4,217 | €3,264 | €4,070 | €5,508 | ▲ 35.3% |
| Recurring financial income75 | €1,980 | €4,217 | €3,264 | €4,070 | €5,508 | ▲ 35.3% |
| Financial charges65/66B | €3,446 | €4,796 | €6,128 | €58,734 | €78,022 | ▲ 32.8% |
| Recurring financial charges65 | €3,446 | €4,796 | €6,128 | €58,734 | €78,022 | ▲ 32.8% |
| Profit (loss) for the period before taxes9903 | €13,554 | €43,025 | €91,229 | €15,292 | €68,625 | ▲ 349% |
| Income taxes67/77 | €6,352 | €13,371 | €26,861 | €9,563 | €20,299 | ▲ 112% |
| Profit (loss) for the period9904 | €7,202 | €29,654 | €64,369 | €5,728 | €48,325 | ▲ 744% |
| Profit (loss) for the period to be appropriated9905 | €7,202 | €29,654 | €64,369 | €5,728 | €48,325 | ▲ 744% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €169,000 | €237,916 | €267,511 | €176,218 | €215,993 | ▲ 22.6% |
| Fixed assets21/28 | €28,557 | €40,294 | €41,014 | €32,539 | €25,159 | ▼ 22.7% |
| Tangible fixed assets22/27 | €28,307 | €39,835 | €40,555 | €32,080 | €24,700 | ▼ 23.0% |
| Plant, machinery and equipment23 | €700 | €450 | €350 | €250 | €150 | ▼ 40.0% |
| Furniture and vehicles24 | €6,520 | €7,161 | €4,333 | €4,437 | €3,440 | ▼ 22.5% |
| Other tangible fixed assets26 | €21,087 | €32,223 | €35,872 | €27,393 | €21,110 | ▼ 22.9% |
| Financial fixed assets28 | €250 | €459 | €459 | €459 | €459 | = |
| Current assets29/58 | €140,443 | €197,622 | €226,497 | €143,678 | €190,834 | ▲ 32.8% |
| Amounts receivable after more than one year29 | €50,000 | €50,000 | - | - | - | - |
| Other amounts receivable291 | €50,000 | €50,000 | - | - | - | - |
| Stocks and contracts in progress3 | €9,410 | €15,040 | €5,540 | €9,464 | €9,455 | ▼ 0.1% |
| Stocks30/36 | €9,410 | €15,040 | €5,540 | €9,464 | €9,455 | ▼ 0.1% |
| Amounts receivable within one year40/41 | €27,872 | €48,433 | €76,248 | €89,652 | €176,009 | ▲ 96.3% |
| Trade receivables40 | €15,999 | €21,545 | €23,254 | €11,366 | €35,340 | ▲ 211% |
| Other amounts receivable41 | €11,873 | €26,888 | €52,994 | €78,286 | €140,668 | ▲ 79.7% |
| Cash at bank and in hand54/58 | €30,822 | €67,704 | €133,941 | €40,227 | €4,479 | ▼ 88.9% |
| Deferred charges and accrued income490/1 | €22,339 | €16,446 | €10,769 | €4,335 | €892 | ▼ 79.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €169,000 | €237,916 | €267,511 | €176,218 | €215,993 | ▲ 22.6% |
| Equity10/15 | €112,354 | €65,537 | €54,605 | €60,334 | €108,659 | ▲ 80.1% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €109,354 | €62,537 | €51,605 | €57,334 | €105,659 | ▲ 84.3% |
| Amounts payable17/49 | €56,646 | €172,379 | €212,905 | €115,884 | €107,334 | ▼ 7.4% |
| Amounts payable after more than one year17 | - | €22,427 | €54,559 | €38,470 | €26,648 | ▼ 30.7% |
| Financial debts170/4 | - | €22,427 | €54,559 | €38,470 | €26,648 | ▼ 30.7% |
| Amounts payable within one year42/48 | €56,386 | €149,691 | €158,085 | €77,151 | €80,411 | ▲ 4.2% |
| Current portion of amounts payable after more than one year42 | €11,833 | €23,696 | €24,240 | €32,835 | €12,689 | ▼ 61.4% |
| Financial debts43 | - | - | - | - | €10,158 | - |
| Credit institutions430/8 | - | - | - | - | €10,158 | - |
| Trade debts44 | €23,707 | €28,292 | €13,525 | €18,526 | €27,202 | ▲ 46.8% |
| Suppliers440/4 | €23,707 | €28,292 | €13,525 | €18,526 | €27,202 | ▲ 46.8% |
| Taxes, remuneration and social security45 | €15,965 | €32,704 | €56,315 | €25,790 | €30,361 | ▲ 17.7% |
| Taxes450/3 | €15,965 | €28,444 | €50,750 | €21,788 | €30,160 | ▲ 38.4% |
| Remuneration and social security454/9 | - | €4,260 | €5,565 | €4,002 | €201 | ▼ 95.0% |
| Other amounts payable47/48 | €4,881 | €65,000 | €64,005 | - | - | - |
| Accrued charges and deferred income492/3 | €261 | €261 | €261 | €264 | €276 | ▲ 4.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,202 | €29,654 | €64,369 | €5,728 | €48,325 | ▲ 744% |
| + Depreciation and write-downs630 | €7,775 | €9,120 | €11,850 | €11,314 | €11,853 | ▲ 4.8% |
| Operating cash flow (approximation) | €14,978 | €38,774 | €76,218 | €17,042 | €60,178 | ▲ 253% |
| Investment in fixed assets (approximation) | - | -€20,856 | -€12,570 | -€2,840 | -€4,472 | ▼ 57.5% |
| Change in cash | - | €36,882 | €66,237 | -€93,713 | -€35,749 | ▲ 61.9% |
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
27-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
30-09
Financial
Equity above €100,000Eq €108,659 ▲80.1%
8 profitable years in a row build equity to €108,659.
30-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
30-09
Financial
Weakest financial yearnet €5,728 ▼91.1%
Net result drops to €5,728, the lowest in the series; recovery starts the following year.
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
30-09
Financial
Highest result since 2018net €64,369 ▲117%
Net result €64,369, the highest in the series.
23-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
24-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-09
Financial
Equity above €100,000Eq €105,151 ▲107%
3 profitable years in a row build equity to €105,151.
19-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 19 days late
2019
30-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Braine-le-Château · 1 establishment unit since 2017
Ground area
1,006 m²
Building footprint
146 m²
Parcel 25015B0310/00K003, Wallonia. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Chemin du Bois de Clabecq 11, 1440 Braine-le-Château
since 20172.264.246.254
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25015B0310/00K003 | Wallonia | 1,006 m² | 1 · 146 m² | - |
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.
Recognitions · licences · registrations
Legal Entity Identifier
9845007ED059DD1B6132
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 40,738 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
Founded12-04-2017
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
47120Other non-specialised retail sale
47715Retail trade
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47722Retail trade
47784Retail sale of souvenirs and religious articles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0674497220
Also
9925:BE0674497220
Registered
14-02-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.