ASCO
ActiveSummary
ASCO has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€59,955) and a net result of -€6,971. Equity is shrinking by ~19.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability33▼-2
Solvency8▼-2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.84 against 0.86 in 2023; short-term debt: 117.1% and cash: 0% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
-17.1%
Return on assets
-2%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€59,955
raises risk · 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 28-11-2025, 120 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
120 d late
2023
31 d late
2022
60 d late
2021
116 d late
2020
90 d late
2019
130 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 91 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
-€59,955▼ 13.2%
2023 · -€52,985
Total assets
€351,375▼ 0.5%
2023 · €353,082
Net result
-€6,971▼ 72.9%
2023 · -€4,031
Working capital
-€65,553▼ 11.9%
2023 · -€58,582
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
Line20202021202220232024
Operating result-€71,413▼ 3.6%-€4,080▲ 94.3%€25,851-€4,616-€6,838▼ 48.2%
Net result-€67,657▲ 5.0%-€4,249▲ 93.7%€23,557-€4,031-€6,971▼ 72.9%
Equity-€68,261▼ 11,206%-€72,510▼ 6.2%-€48,953▲ 32.5%-€52,985▼ 8.2%-€59,955▼ 13.2%
Total assets€343,282▼ 13.2%€342,475▼ 0.2%€372,066▲ 8.6%€353,082▼ 5.1%€351,375▼ 0.5%
Debt€411,542▲ 3.9%€414,984▲ 0.8%€421,019▲ 1.5%€406,067▼ 3.6%€411,330▲ 1.3%
Working capital-€74,298▼ 859%-€78,107▼ 5.1%-€54,551▲ 30.2%-€58,582▼ 7.4%-€65,553▼ 11.9%
Staff (FTE)
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6,838 in 2024 against €4,616 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €351,375
Fixed assets
€5,597 =
Current assets
€345,777 ▼ 0.5%
Key figures and ratios
Solvency
-17.1%▼
2023 · -15.0%
Current ratio
0.84▼
2023 · 0.86
Debt to equity
-6.86▲
2023 · -7.66
ROA
-2.0%▼
2023 · -1.1%
Debt ≤ 1 year
€411,330▲
2023 · €406,067
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,798 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- negative equity
- a small loss
1.9%
went bankrupt
6.0%
stopped otherwise
90%
still going
A further 2.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% 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 497,058 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 2,798 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €357 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,108 | €440 | - | - | - | - |
| Other operating charges640/8 | - | €2,912 | €615 | €539 | €671 | ▲ 24.4% |
| Gross operating margin9900 | -€13,408 | -€729 | €26,466 | -€4,077 | -€6,168 | ▼ 51.3% |
| Operating profit (loss)9901 | -€71,413 | -€4,080 | €25,851 | -€4,616 | -€6,838 | ▼ 48.2% |
| Financial income75/76B | - | €76 | €21 | €713 | - | - |
| Recurring financial income75 | €8,399 | €76 | €21 | €713 | - | - |
| Financial charges65/66B | - | €245 | €2,316 | €129 | €133 | ▲ 3.3% |
| Recurring financial charges65 | €4,643 | €245 | €2,316 | €129 | €133 | ▲ 3.3% |
| Profit (loss) for the period before taxes9903 | -€67,657 | -€4,249 | €23,557 | -€4,031 | -€6,971 | ▼ 72.9% |
| Profit (loss) for the period9904 | -€67,657 | -€4,249 | €23,557 | -€4,031 | -€6,971 | ▼ 72.9% |
| Profit (loss) for the period to be appropriated9905 | -€67,657 | -€4,249 | €23,557 | -€4,031 | -€6,971 | ▼ 72.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €343,282 | €342,475 | €372,066 | €353,082 | €351,375 | ▼ 0.5% |
| Fixed assets21/28 | €6,037 | €5,597 | €5,597 | €5,597 | €5,597 | = |
| Tangible fixed assets22/27 | €6,037 | €5,597 | €5,597 | €5,597 | €5,597 | = |
| Land and buildings22 | - | €5,597 | €5,597 | €5,597 | €5,597 | = |
| Current assets29/58 | €337,245 | €336,877 | €366,468 | €347,485 | €345,777 | ▼ 0.5% |
| Amounts receivable within one year40/41 | €337,245 | €336,877 | €366,468 | €347,286 | €345,757 | ▼ 0.4% |
| Trade receivables40 | - | €288,217 | €318,185 | €315,281 | €315,281 | = |
| Other amounts receivable41 | - | €48,661 | €48,283 | €32,004 | €30,475 | ▼ 4.8% |
| Cash at bank and in hand54/58 | - | - | - | €199 | €20 | ▼ 89.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €343,282 | €342,475 | €372,066 | €353,082 | €351,375 | ▼ 0.5% |
| Equity10/15 | -€68,261 | -€72,510 | -€48,953 | -€52,985 | -€59,955 | ▼ 13.2% |
| Contributions10/11 | €374,992 | €374,992 | €374,992 | €374,992 | €374,992 | = |
| Capital10 | - | €374,992 | €374,992 | €374,992 | €374,992 | = |
| Issued capital100 | - | €374,992 | €374,992 | €374,992 | €374,992 | = |
| Profit (loss) carried forward14 | -€443,253 | -€447,502 | -€423,945 | -€427,976 | -€434,947 | ▼ 1.6% |
| Amounts payable17/49 | €411,542 | €414,984 | €421,019 | €406,067 | €411,330 | ▲ 1.3% |
| Amounts payable within one year42/48 | €411,542 | €414,984 | €421,019 | €406,067 | €411,330 | ▲ 1.3% |
| Financial debts43 | - | €6,933 | €6,764 | - | - | - |
| Credit institutions430/8 | - | €6,933 | €6,764 | - | - | - |
| Trade debts44 | €39,230 | €39,324 | €40,219 | €1,346 | €900 | ▼ 33.2% |
| Suppliers440/4 | - | €39,324 | €40,219 | €1,346 | €900 | ▼ 33.2% |
| Taxes, remuneration and social security45 | - | - | €4,294 | - | - | - |
| Taxes450/3 | - | - | €4,294 | - | - | - |
| Other amounts payable47/48 | - | €368,728 | €369,742 | €404,720 | €410,430 | ▲ 1.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€67,657 | -€4,249 | €23,557 | -€4,031 | -€6,971 | ▼ 72.9% |
| + Depreciation and write-downs630 | €1,108 | €440 | - | - | - | - |
| Operating cash flow (approximation) | -€66,549 | -€3,810 | €23,557 | -€4,031 | -€6,971 | ▼ 72.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | - | - | - | -€179 | - |
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
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 120 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Back to profitnet €23,557
Net result €23,557 after 4 loss-making years.
24-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 116 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
08-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 130 days late
2019
31-12
Financial
Weakest financial yearnet -€71,217
Net result drops to -€71,217, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 14 days late
2017
18-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 49 days late
2016
16-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Zonhoven · 1 establishment unit since 1980
Ground area
1,651 m²
Building footprint
301 m²
Volume, LiDAR
2,430 m³
Parcel 71066B0039/00D000, Flanders · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ASCO
since 19802.017.425.202
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71066B0039/00D000 | Flanders | 1,651 m² | 1 · 301 m² | 13.1 m · 3 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.
Identification & contact
Identification
Legal formPublic limited company
Founded20-03-1980
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0420423932
Also
9925:BE0420423932
Registered
15-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.