Financials
- Fiscal year
- 2025
- Turnover
- €330.2m
- Loss
- -€1.9m
- Solvency
- 14.1%
Turnover▲ 9.7%
Net result
20182025
ASCO INDUSTRIES
ActiveSummary
ASCO INDUSTRIES has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32.5m and a net result of -€1.9m. Equity is shrinking by ~16.9% per year across the filed fiscal years. Its solvency ranks better than 32% of 49 sector peers (NACE 30, fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Activity
Manufacture of other transport equipment
NACE 30310
#1 employer in Zaventem, Manufacturing sector9 sites
Size
€330.2mturnover 2025
- Staff
- 640.6 FTE
- Equity
- €32.5m
- Loss
- -€1.9m
Structure
- Parent
- S.R.I.F. · 79.35%
- Board
- 8 members
- Holdings
- 7
- BREMOTChair · permanent representative Trudo Motmans
Auditor: KPMG Bedrijfsrevisoren BV/SRLAccounts 28 days early
Why 65- Equity €32.5m (14.1% of total assets)- Liquidity: current ratio 0.98, cash €7.1m, halved- Sector Manufacture of other transport equipment (NACE 30)- Loss of €1.9m (FY 2025)Show the evidence
Checked score
Score 2025
65
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 28% of its sector peers (NACE 30)
Financial strength · tick = 2024
Weak
Solvency
39-2
equity 14.1% of total assets
Liquidity
18-17
short-term debt 68.0% · cash 3.1%
Profitability
34-2
return on assets -0.8%
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.4%
12-2024: 0.4%● unchanged vs 11-2024
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.3%▼ -0.1 percentage points vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.3%▼ -0.1 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026lowest value
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 1.1%▲ +0.8 percentage points vs 07-2026highest value
09-2026: 1.1%● unchanged vs 08-2026highest value
10-2026: 1.1%● unchanged vs 09-2026highest value
Credit up to €2,100,000 at 30 days acceptable
Liquidity short (current ratio 0.98 against 0.97 in 2024; short-term debt: 68% and cash: 3.1% of total assets), and 85.9% of the assets are financed with debt.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 30): better than 23% on solvency, 15% on liquidity, 36% on profitability and 36% on growth.
The bankruptcy probability was computed on 07-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 days early
2024
24 days early
2023
43 days early
2022
48 days early
2021
19 days early
2020
47 days early
2019
64 days early
← 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 39 days before the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 30% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 3 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
08-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Resignation: Kai Arndt (director)Permanent representatives: Christian Boas, Trudo…
- Resignation: Michael Pistauer (director)Appointment: Patrick Maurer (director) ·…
Key points
- Caution: From profit to loss in 2025after €325,595 in 2024 -€1.9m View
- Positive: Employer in Zaventem, Manufacturing sectorin the Checked rankings #1 View
- Board changedlatest change 19-05-2026 · 8 in office 1 joined · 2 left View
- Controlled by S.R.I.F.known shareholders 100% 79.35% View
- Positive: 4 years of growth in a rowturnover 2025: €330.2m 4 years View
- Flemish supportawarded 2022 - 2025 €2.0m View
- Positive: Always filed on timeaccounts within the deadline every year 7 years View
By topic
Board & ownership
- Board
- 8 members
- Parent
- S.R.I.F. · 79.35%
- Known shareholders
- 100%
- Auditor
- KPMG Bedrijfsrevisoren BV/SRL
- BREMOTChair
- Bremot BVDirector
- Thomas WilliamsDirector
- Pragmata BVDirector
- Vicky WelvaertDirector
and 3 other directors
Network & group
- Group
- Montana Tech Components AG
- Subsidiaries
- 4
- Holdings
- 7
- Connected companies
- 45
7 holdings
Timeline
- Events
- 47
- Since
- 2005
- Next accounts
- by 31-07-2027
- 05-01-2026Capital & shares · Statutes amendment
- 22-07-2025Appointment: De Federale Participatie- en Investeringsmaatschappij (director)
- 07-07-2025Annual accounts filed
Company details
- Sites
- 9
- Legal form
- Public limited company
- Activity
- Manufacture of other transport equipmentNACE 30310
- Founded
- 28-09-1990
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 21
- Annual meeting
- Third Friday of May at 15:00
- Purpose
- -voor eigen rekening en voor rekening van derden, de aankoop, de verkoop, de handel, de…
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