ASCAY is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €165k and a net result of €9k. Equity is growing by ~18.6% per year across the filed fiscal years. Its solvency ranks better than 29% of 5498 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 09-04-2026, 21 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
21 d early
2024
30 d early
2023
33 d early
2022
30 d early
2021
33 d early
2020
32 d early
2019
on the day
← before the deadline
after the deadline →
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
16-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€165k▲ 4.8%
2024 · €157k
2018: €28k
2019: €68k
2020: €70k
2021: €88k
2022: €133k
2023: €157k
2024: €157k
2018 → 2025
Net result
€9k▲ 4,961%
2024 · €181
2018: €22k
2019: €47k
2020: €1k
2021: €19k
2022: €52k
2023: €27k
2024: €181
2018 → 2025
Total assets
€574k▲ 15.1%
2024 · €498k
2018: €294k
2019: €483k
2020: €483k
2021: €498k
2022: €492k
2023: €477k
2024: €498k
2018 → 2025
Solvency
28.7%▼ 2.8pp
2024 · 31.5%
2018: 9.4%
2019: 14.2%
2020: 14.4%
2021: 17.7%
2022: 27.1%
2023: 32.9%
2024: 31.5%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€88k-€133k▲ 50.9%€157k▲ 17.6%€157k▲ 0.1%€165k▲ 4.8%
Operating result€39k-€82k▲ 109%€50k▼ 39.6%€11k▼ 78.5%€29k▲ 168%
Net result€19k-€52k▲ 176%€27k▼ 48.5%€181▼ 99.3%€9k▲ 4,961%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 168% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €574k
Fixed assets
€560k▲ 18.1%
Current assets
€13k▼ 44.9%
Equity and liabilities €574k
Equity
€165k▲ 4.8%
Debt
€409k▲ 19.8%
The debt ratio rises from 68.5% to 71.3%. Equity and debt are higher.
Key figures and ratios
Solvency
28.7%▼
2024 · 31.5%
ROE
5.6%▲
2024 · 0.1%
ROA
1.6%▲
2024 · 0.0%
Debt
€409k▲
2024 · €341k
Debt ≤ 1 year
€370k▲
2024 · €328k
Debt > 1 year
€38k▲
2024 · €13k
Income taxes
€4k▲
2024 · €813
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€498k€574k▲
Fixed assets21/28€474k€560k▲
Tangible fixed assets22/27€4k€2k▼
Plant, machinery and equipment23€4k€2k▼
Financial fixed assets28€470k€558k▲
Current assets29/58€24k€13k▼
Amounts receivable within one year40/41€7k€5k▼
Trade receivables40-€1k
Other amounts receivable41€7k€4k▼
Cash at bank and in hand54/58€17k€8k▼
Deferred charges and accrued income490/1€166€192▲
Equity and liabilities
Total equity and liabilities10/49€498k€574k▲
Equity10/15€157k€165k▲
Contributions10/11€6k€6k=
Reserves13€151k€158k▲
Distributable reserves133€151k€158k▲
Amounts payable17/49€341k€409k▲
Amounts payable after more than one year17€13k€38k▲
Financial debts170/4€13k€38k▲
Amounts payable within one year42/48€328k€370k▲
Current portion of amounts payable after more than one year42€39k€22k▼
Financial debts43€8k€8k▲
Other loans439€8k€8k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€6k€6k▼
Taxes450/3€6k€6k▼
Other amounts payable47/48€272k€331k▲
Accrued charges and deferred income492/3€337€360▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€449€459▲
Gross operating margin9900€14k€31k▲
Operating profit (loss)9901€11k€29k▲
Financial income75/76B-€122
Recurring financial income75-€122
Financial charges65/66B€10k€16k▲
Recurring financial charges65€10k€16k▲
Profit (loss) for the period before taxes9903€994€13k▲
Income taxes67/77€813€4k▲
Profit (loss) for the period9904€181€9k▲
Profit (loss) for the period to be appropriated9905€181€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€181€9k▲
Transfer to equity691/2€181€7k▲
To other reserves6921€181€7k▲
Profit to be distributed694/7-€2k
Return on contributions (dividend)694-€2k
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Weakest financial yearnet €181 ▼99.3%
Net result drops to €181, the lowest in the series; recovery starts the following year.
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Equity above €150kEq €157k ▲17.6%
6 profitable years in a row build equity to €157k.
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Highest result since 2018net €52k ▲176%
Operating result €82k, net result €52k, both a record.
30-09
Financial
Equity above €100kEq €133k ▲50.9%
5 profitable years in a row build equity to €133k.
28-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
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, Heusden-Zolder · 1 establishment unit since 2016
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.
Broekwinningstraat 93550 Heusden-ZolderGround area
949 m²
Building footprint
120 m²
Parcel 71462E0194/00P000, Flanders. Linked by address, not a title deed.
1 establishment unit
ASCAY
since 20162.260.279.845
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71462E0194/00P000 | Flanders | 949 m² | 1 · 120 m² | - |
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.
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Of 24,726 companies in sector 64210 we hold annual accounts for 19,747. 13,366 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-12-2016
Fiscal year end30-09
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.