Ascomatra
ActiveSummary
Ascomatra has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€8,230) and a net result of -€23,467. Equity is shrinking by about 26% per year across the filed financial years. Its solvency ranks better than 13% of 2,475 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
- Equity
- -€8,230
- Loss
- -€23,467
Why 53raises riskCapped at 59: negative equityNegative equity -€8,230Loss of €23,467 (financial year 2025)lowers riskSize: total assets €51,799Sector: Arts creation and performing arts activities (NACE 90)Show the evidence
Checked score
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 90, micro): better than 14% on solvency, 36% on liquidity, 7% on profitability and 3% on growth.
The bankruptcy probability was computed on 29-10-2026 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
This company filed its last 7 accounts on average 32 days before the deadline; the sector median (NACE 90) for financial year 2024 is 4 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result turns negative in 2025: a loss of €15,184 after €18,129 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 90, Arts creation and performing arts activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 6,619 companies that looked in July 2024 the way this one looks now, 4.5% went bankrupt within 24 months and 84.5% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.5% 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 497,445 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 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 74.5% 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 6,619 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €9,050 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,981 | €16,002 | €16,495 | €35,333 | €6,392 | €7,815 | €7,561 | ▼ 3.3% |
| Other operating charges640/8 | - | - | - | €1,106 | €2,184 | €1,880 | €1,630 | ▼ 13.3% |
| Gross operating margin9900 | €54,561 | €55,374 | €9,147 | -€14,083 | €46,627 | €27,825 | -€5,993 | - |
| Operating profit (loss)9901 | €7,170 | €9,451 | -€10,002 | -€50,523 | €38,052 | €18,129 | -€15,184 | - |
| Financial income75/76B | - | - | - | €15 | €40 | €16 | €1,353 | ▲ 82× |
| Recurring financial income75 | - | - | - | €15 | €40 | €16 | €1,353 | ▲ 82× |
| Financial charges65/66B | - | - | - | €797 | €861 | €1,009 | €9,457 | ▲ 837% |
| Recurring financial charges65 | €1,998 | €1,320 | €987 | €797 | €861 | €1,009 | €9,457 | ▲ 837% |
| Profit (loss) for the period before taxes9903 | €5,172 | €8,131 | -€10,990 | -€51,305 | €37,231 | €17,137 | -€23,288 | - |
| Income taxes67/77 | - | - | - | - | €136 | €170 | €178 | ▲ 5.0% |
| Profit (loss) for the period9904 | €5,172 | €8,131 | -€10,990 | -€51,305 | €37,094 | €16,967 | -€23,467 | - |
| Profit (loss) for the period to be appropriated9905 | €5,172 | €8,131 | -€10,990 | -€51,305 | €37,094 | €16,967 | -€23,467 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €102,168 | €66,961 | €46,233 | €4,106 | €99,339 | €136,495 | €51,799 | ▼ 62.1% |
| Fixed assets21/28 | €67,150 | €53,202 | €36,707 | €1,011 | €57,028 | €45,865 | €18,964 | ▼ 58.7% |
| Tangible fixed assets22/27 | €66,782 | €52,834 | €36,339 | €1,006 | €31,226 | €23,411 | €18,959 | ▼ 19.0% |
| Furniture and vehicles24 | - | - | - | €1,006 | €493 | - | €2,870 | - |
| Leasing and similar rights25 | - | - | - | - | €30,734 | €23,411 | €16,089 | ▼ 31.3% |
| Financial fixed assets28 | €368 | €368 | €368 | €5 | €25,802 | €22,454 | €5 | ▼ 100.0% |
| Current assets29/58 | €35,018 | €13,759 | €9,526 | €3,094 | €42,311 | €90,630 | €32,835 | ▼ 63.8% |
| Amounts receivable within one year40/41 | €18,613 | €1,127 | €6,281 | - | €26,015 | €64,836 | €6,205 | ▼ 90.4% |
| Trade receivables40 | - | - | - | - | €25,870 | €64,524 | €4,992 | ▼ 92.3% |
| Other amounts receivable41 | - | - | - | - | €145 | €311 | €1,213 | ▲ 289% |
| Cash at bank and in hand54/58 | €16,405 | €12,631 | €3,245 | €3,094 | €16,185 | €25,794 | €26,629 | ▲ 3.2% |
| Deferred charges and accrued income490/1 | - | - | - | - | €111 | - | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €102,168 | €66,961 | €46,233 | €4,106 | €99,339 | €136,495 | €51,799 | ▼ 62.1% |
| Equity10/15 | €15,338 | €23,470 | €12,480 | -€38,824 | -€1,730 | €15,237 | -€8,230 | - |
| Contributions10/11 | €30,000 | - | - | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Reserves13 | €18,859 | €18,859 | €18,859 | €18,859 | €18,859 | €18,859 | €1,859 | ▼ 90.1% |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | - | - | - | €17,000 | €17,000 | €17,000 | - | - |
| Profit (loss) carried forward14 | -€33,521 | -€25,389 | -€36,379 | -€87,684 | -€50,589 | -€33,622 | -€40,089 | ▼ 19.2% |
| Amounts payable17/49 | €86,830 | €43,491 | €33,753 | €42,930 | €101,069 | €121,258 | €60,028 | ▼ 50.5% |
| Amounts payable after more than one year17 | €52,706 | €15,538 | €3,137 | - | €24,051 | €17,042 | €9,920 | ▼ 41.8% |
| Financial debts170/4 | - | - | - | - | €24,051 | €17,042 | €9,920 | ▼ 41.8% |
| Amounts payable within one year42/48 | €33,124 | €27,453 | €30,616 | €42,930 | €77,018 | €104,216 | €50,108 | ▼ 51.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €3,137 | €6,897 | €7,009 | €7,122 | ▲ 1.6% |
| Trade debts44 | €1,705 | €1,032 | €766 | €613 | €222 | €1,339 | - | - |
| Suppliers440/4 | - | - | - | €613 | €222 | €1,339 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €1,492 | €911 | €1,282 | €516 | ▼ 59.7% |
| Taxes450/3 | - | - | - | €1,492 | €911 | €1,282 | €516 | ▼ 59.7% |
| Other amounts payable47/48 | - | - | - | €37,688 | €68,987 | €94,586 | €42,470 | ▼ 55.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,172 | €8,131 | -€10,990 | -€51,305 | €37,094 | €16,967 | -€23,467 | - |
| + Depreciation and write-downs630 | €15,981 | €16,002 | €16,495 | €35,333 | €6,392 | €7,815 | €7,561 | ▼ 3.3% |
| Operating cash flow (approximation) | €21,153 | €24,134 | €5,505 | -€15,972 | €43,486 | €24,782 | -€15,906 | - |
| Investment in fixed assets (approximation) | - | -€2,055 | €0 | €363 | -€62,408 | €3,348 | €19,341 | ▲ 478% |
| Change in cash | - | -€3,774 | -€9,386 | -€151 | €13,090 | €9,609 | €836 | ▼ 91.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 31 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | micro format | 09-04-2026 | 2026-00077521 |
| 30-09-2024 | micro format | 31-03-2025 | 2025-00058114 |
| 30-09-2023 | micro format | 22-03-2024 | 2024-00047379 |
| 30-09-2022 | micro format | 24-03-2023 | 2023-00046188 |
| 30-09-2021 | micro format | 29-03-2022 | 2022-08900505 |
| 30-09-2020 | micro format | 01-04-2021 | 2021-09400200 |
| 30-09-2019 | micro format | 27-03-2020 | 2020-07700073 |
| 30-09-2018 | micro format | 29-03-2019 | 2019-08500126 |
| 30-09-2017 | micro format | 23-03-2018 | 2018-07500063 |
| 30-09-2016 | abbreviated format | 31-03-2017 | 2017-07700121 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| SIMOENS Jan |
|
Owners and capital
Capital and shareholders
- 20-12-2023 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
20-12
Gazette deed
Resignation: SIMOENS Jan (manager)Appointment: SIMOENS Jan (director) · Amendment of the articles · Capital conversion10 facts ▸
- General meeting, 15-12-2023
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigenvermogensrekening” (deed in Dutch)
- Capital conversion, “beschikbaar voor uitkering, opheffing statutair onbeschikbare eigenvermogensrekening” (deed in Dutch)
- Capital
- Director resignation, SIMOENS Jan (manager)
- Director appointment, SIMOENS Jan (director)
- Director discharge, SIMOENS Jan
- Registered office clause, “Hoge Hellesemweg 12,9520 Sint-Lievens-Houtem” (deed in Dutch)
- Power of attorney
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 41007A0329/00L000 | Flanders | 777 m² | 1 · 202 m² | 6.5 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Financiële transacties (makelarij),commissies op financiële transacties; Houden van financiële instelling in het bankwezen; Uitvoeren van…” (deed in Dutch)
8 activities (deed in Dutch)
- Financiële transacties (makelarij),commissies op financiële transacties
- Houden van financiële instelling in het bankwezen
- Uitvoeren van het makelaarsschap in kredieten,verkopen van kredieten
- Het uitoefenen van horeca-activiteiten zoals café,dancing,taverne,hotel,restaurant,frituur en al wat hiermee verband houdt in de ruimste zin van het woord.
- Import & export
- Alle vormen van management,consulting,investment,trading,marketing,public relations en reclame.
- Huren en verhuren,kopen en verkopen van roerende & onroerende goederen
- Huren en verhuren,kopen en verkopen van voertuigen
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Ascomatra
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, 1” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering in vormen statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed