ASC Management
ActiveSummary
ASC Management has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €73,871 and a net result of €3,942. Equity is growing by ~13.1% per year across the filed fiscal years. Its solvency ranks better than 54% of 12829 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability46▼-7
Solvency85▼-15
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 2.53 against 5.5 in 2024; short-term debt: 39.6% and cash: 14.4% of total assets), and 39.7% 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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 dateAge against the risk zone
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
60.3%
Return on assets
3.2%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-01-2026, 5 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
5 d early
2024
23 d early
2023
on the day
2022
on the day
2021
on the day
2020
1 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 5 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 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 31 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€73,871▼ 23.1%
2024 · €96,003
Total assets
€122,456▲ 4.3%
2024 · €117,377
Net result
€3,942▼ 44.7%
2024 · €7,133
Working capital
€74,006▼ 23.0%
2024 · €96,053
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting 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
Line20212022202320242025
Operating result€40,166▲ 7.3%€49,048▲ 22.1%€55,932▲ 14.0%€13,083▼ 76.6%€6,645▼ 49.2%
Net result€26,117within the sector's middle half▲ 18.0%€32,273within the sector's middle half▲ 23.6%€7,348below the sector's middle half▼ 77.2%€7,133below the sector's middle half▼ 2.9%€3,942below the sector's middle half▼ 44.7%
Equity€49,249within the sector's middle half▲ 113%€81,522within the sector's middle half▲ 65.5%€88,869within the sector's middle half▲ 9.0%€96,003within the sector's middle half▲ 8.0%€73,871within the sector's middle half▼ 23.1%
Total assets€117,792within the sector's middle half▲ 13.2%€128,983within the sector's middle half▲ 9.5%€128,359within the sector's middle half▼ 0.5%€117,377within the sector's middle half▼ 8.6%€122,456within the sector's middle half▲ 4.3%
Debt€68,543▼ 15.3%€47,462▼ 30.8%€39,490▼ 16.8%€21,374▼ 45.9%€48,585▲ 127%
Working capital€8,824below the sector's middle half€25,550within the sector's middle half▲ 190%€88,919within the sector's middle half▲ 248%€96,053within the sector's middle half▲ 8.0%€74,006within the sector's middle half▼ 23.0%
Solvency41.8%within the sector's middle half▲ 19.6pp63.2%within the sector's middle half▲ 21.4pp69.2%within the sector's middle half▲ 6.0pp81.8%above the sector's middle half▲ 12.6pp60.3%within the sector's middle half▼ 21.5pp
Current ratio1.24within the sector's middle half▲ 0.351.80within the sector's middle half▲ 0.573.25within the sector's middle half▲ 1.455.50above the sector's middle half▲ 2.252.53within the sector's middle half▼ 2.98
Return on assets (ROA)22.2%within the sector's middle half▲ 0.9pp25.0%within the sector's middle half▲ 2.8pp5.7%within the sector's middle half▼ 19.3pp6.1%within the sector's middle half▲ 0.4pp3.2%below the sector's middle half▼ 2.9pp
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting 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
The operating result has fallen two years in a row; 2025 is 49% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €122,456
Equity
€73,871 ▼ 23.1%
Debt
€48,585 ▲ 127%
Debt's share of the balance-sheet total rises from 18.2% to 39.7%. Equity is lower and debt is higher.
Key figures and ratios
Debt to equity
0.66▲
2024 · 0.22
ROE
5.3%▼
2024 · 7.4%
Debt ≤ 1 year
€48,450▲
2024 · €21,324
Income taxes
€4,150▼
2024 · €5,369
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,048 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.2%
went bankrupt
3.8%
stopped otherwise
94%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 5,048 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 |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €488 | €460 | €744 | €761 | ▲ 2.4% |
| Gross operating margin9900 | €40,630 | €49,536 | €56,392 | €13,827 | €7,406 | ▼ 46.4% |
| Operating profit (loss)9901 | €40,166 | €49,048 | €55,932 | €13,083 | €6,645 | ▼ 49.2% |
| Financial income75/76B | - | €2,158 | €1 | €50 | €1,855 | ▲ 3,579% |
| Recurring financial income75 | €0 | €2,158 | €1 | €50 | €1,855 | ▲ 3,579% |
| Financial charges65/66B | - | €916 | €35,216 | €631 | €408 | ▼ 35.4% |
| Recurring financial charges65 | €1,006 | €916 | €888 | €631 | €408 | ▼ 35.4% |
| Non-recurring financial charges66B | - | - | €34,328 | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €39,161 | €50,290 | €20,718 | €12,503 | €8,092 | ▼ 35.3% |
| Income taxes67/77 | €13,044 | €18,017 | €13,370 | €5,369 | €4,150 | ▼ 22.7% |
| Profit (loss) for the period9904 | €26,117 | €32,273 | €7,348 | €7,133 | €3,942 | ▼ 44.7% |
| Profit (loss) for the period to be appropriated9905 | €26,117 | €32,273 | €7,348 | €7,133 | €3,942 | ▼ 44.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €117,792 | €128,983 | €128,359 | €117,377 | €122,456 | ▲ 4.3% |
| Fixed assets21/28 | €71,631 | €71,631 | €0 | - | - | - |
| Financial fixed assets28 | €71,631 | €71,631 | €0 | - | - | - |
| Current assets29/58 | €46,161 | €57,352 | €128,359 | €117,377 | €122,456 | ▲ 4.3% |
| Amounts receivable after more than one year29 | - | - | - | €30,000 | €30,000 | = |
| Other amounts receivable291 | - | - | - | €30,000 | €30,000 | = |
| Amounts receivable within one year40/41 | €17,956 | €17,907 | €25,926 | €16,980 | €19,149 | ▲ 12.8% |
| Trade receivables40 | - | €15,321 | €21,296 | €12,349 | €13,127 | ▲ 6.3% |
| Other amounts receivable41 | - | €2,587 | €4,630 | €4,631 | €6,022 | ▲ 30.0% |
| Current investments50/53 | - | - | - | €64,000 | €52,775 | ▼ 17.5% |
| Cash at bank and in hand54/58 | €27,215 | €38,699 | €100,740 | €4,151 | €17,672 | ▲ 326% |
| Deferred charges and accrued income490/1 | - | €746 | €1,693 | €2,246 | €2,860 | ▲ 27.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €117,792 | €128,983 | €128,359 | €117,377 | €122,456 | ▲ 4.3% |
| Equity10/15 | €49,249 | €81,522 | €88,869 | €96,003 | €73,871 | ▼ 23.1% |
| Contributions10/11 | - | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | €48,249 | €80,522 | €87,869 | €95,003 | €72,871 | ▼ 23.3% |
| Distributable reserves133 | - | €80,522 | €87,869 | €95,003 | €72,871 | ▼ 23.3% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Amounts payable17/49 | €68,543 | €47,462 | €39,490 | €21,374 | €48,585 | ▲ 127% |
| Amounts payable after more than one year17 | €29,041 | €14,586 | €0 | - | - | - |
| Financial debts170/4 | - | €14,586 | €0 | - | - | - |
| Amounts payable within one year42/48 | €37,337 | €31,802 | €39,440 | €21,324 | €48,450 | ▲ 127% |
| Current portion of amounts payable after more than one year42 | - | €14,455 | €14,586 | €0 | - | - |
| Trade debts44 | €5,250 | €1,205 | €5,359 | €3,192 | €6,152 | ▲ 92.7% |
| Suppliers440/4 | - | €1,205 | €5,359 | €3,192 | €6,152 | ▲ 92.7% |
| Taxes, remuneration and social security45 | - | €11,825 | €12,651 | €9,557 | €9,658 | ▲ 1.1% |
| Taxes450/3 | - | €9,203 | €9,966 | €8,907 | €7,058 | ▼ 20.8% |
| Remuneration and social security454/9 | - | €2,623 | €2,684 | €650 | €2,600 | ▲ 300% |
| Other amounts payable47/48 | - | €4,318 | €6,844 | €8,575 | €32,639 | ▲ 281% |
| Accrued charges and deferred income492/3 | - | €1,074 | €50 | €50 | €135 | ▲ 170% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,117 | €32,273 | €7,348 | €7,133 | €3,942 | ▼ 44.7% |
| Operating cash flow (approximation) | €26,117 | €32,273 | €7,348 | €7,133 | €3,942 | ▼ 44.7% |
| Investment in fixed assets (approximation) | - | €0 | €71,631 | - | - | - |
| Change in cash | - | €11,484 | €62,041 | -€96,589 | €13,521 | ▲ 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.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €3,942 ▼44.7%
Net result drops to €3,942, the lowest in the series.
08-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Highest result since 2020net €32,273 ▲23.6%
Net result €32,273, the highest in the series.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Tielt · 1 establishment unit since 2019
Ground area
1,913 m²
Building footprint
136 m²
Volume, LiDAR
713 m³
Parcel 37302F0475/00D000, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ASC Management
since 20192.291.468.909
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37302F0475/00D000 | Flanders | 1,913 m² | 1 · 136 m² | 7.1 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
2022 to 2025 · 3 entries · 521 EUR awarded · 521 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 210 EUR | 210 EUR |
| 2024 | 1 | 119 EUR | 119 EUR |
| 2022 | 1 | 192 EUR | 192 EUR |
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Of 1,019 companies in sector 69103 we hold annual accounts for 611. 420 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
Founded14-06-2019
Fiscal year end30-06
Activities, NACEBEL 2025
69103Activities of bailiffs
E-invoicing
Reachable via Peppol
Peppol ID
0208:0728517312
Also
9925:BE0728517312
Registered
23-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.