Equity
€80,552 ▲ 15.7%
Ascrawat has made a profit without a break since 2023.
Ascrawat
Lifetime
9 annual accounts with figures on one time axispeak €59,130 (2017)
€14,456▼ 64.7%
lowest -€17,870 (2020)
€10,920▲ 884%
peak €80,552 (2025)
€80,552▲ 15.7%
€109,865▲ 419%
Board1 name since 2021
1 directorAscrawat Hans
Documentsfilings and deeds
15-10-202676 days late
2025micro format
Gross margin from €40,918 to €14,456Result from €1,110 to €10,920Other provision · Representation rule 23-12Equity from €69,632 to €80,552Debts from €21,154 to €109,865Investments €28,847
Key points
from the 2025 annual accountsTurnover
≈ €68,000 estimated
The micro format states no turnover.
Debts
€109,865 ▲ 419%
Debts rose by €88,711 in 2025.
Investments
€28,847 5.4 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.48 was 4.04 in 2024
Short-term debts rose from €21,154 to €109,337.
Filings
9 annual accounts 76 days
Latest accounts filed late: after the legal deadline.
Checked score
53
Fair
Financially stronger than 51% of micro companies in personal services (NACE 96)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 7,626 companies (NACE 96, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 9.8%highest value
01-2025: 9.8%● unchanged vs 12-2024highest value
02-2025: 9.8%● unchanged vs 01-2025highest value
03-2025: 2.1%▼ -7.7 percentage points vs 02-2025
04-2025: 2.1%● unchanged vs 03-2025
05-2025: 2.1%● unchanged vs 04-2025
06-2025: 2.0%▼ -0.1 percentage points vs 05-2025
07-2025: 2.0%● unchanged vs 06-2025
08-2025: 2.6%▲ +0.6 percentage points vs 07-2025
09-2025: 3.0%▲ +0.4 percentage points vs 08-2025
10-2025: 4.4%▲ +1.4 percentage points vs 09-2025
11-2025: 4.2%▼ -0.2 percentage points vs 10-2025
12-2025: 6.0%▲ +1.8 percentage points vs 11-2025
01-2026: 8.7%▲ +2.7 percentage points vs 12-2025
02-2026: 8.7%● unchanged vs 01-2026
03-2026: 9.1%▲ +0.4 percentage points vs 02-2026
04-2026: 1.9%▼ -7.2 percentage points vs 03-2026
05-2026: 1.9%● unchanged vs 04-2026
06-2026: 1.8%▼ -0.1 percentage points vs 05-2026lowest value
07-2026: 1.8%● unchanged vs 06-2026
08-2026: 2.5%▲ +0.7 percentage points vs 07-2026
09-2026: 2.8%▲ +0.3 percentage points vs 08-2026
10-2026: 2.4%▼ -0.4 percentage points vs 09-2026
11-2026: 2.4%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 76 days late; 3 of the last 3 accounts late
Liquidity: current ratio 1.48, cash €447, halved
Size: total assets €190,417
lowers risk
Founded in 2016
Calculation
The band follows from the bankruptcy probability. 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 96, micro). It does better than 63% of them on solvency, 17% on liquidity, 59% on profitability and 63% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as Ascrawat has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
The bankruptcy probability of Ascrawat itself is higher: 2.4% within 12 months. It rests on far more data about Ascrawat than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for Ascrawat. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.48 (4.04 in 2024), below the usual 1.5. Short-term debt is 57.4% and cash 0.2% of total assets. 57.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 76 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-10-2026, 76 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filingsDeviation from the deadline
2025
76 days late
2024
222 days late
2023
198 days late
2022
564 days late
2021
78 days late
2020
32 days early
2019
24 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 161 days after the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 15 February (4 of the last 5 accounts filed within 123 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0649856052
Other provision · Representation rule
Gazette deed
Environmental permit granted
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Zwevegem
Incorporation · Name clause
Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Ascrawat Zwevegem | €190,417 | €14,456 | 42.3% | - |
| HIELTJE Antwerp | €159,786 | €16,949 | 33.7% | - |
| REACH YOUR GOALS Niel | €215,600 | €9,173 | 23.4% | - |
| Immo & Compliance Services Antwerp | €202,418 | €17,581 | 18.8% | - |
| EF-X Affligem | €258,952 | €10,844 | 79.1% | - |
| INKTOMATIK Tessenderlo-Ham | €112,710 | €10,957 | 29.6% | - |
| Zwerfkat in Le(u)ven vzw Tielt-Winge | €322,508 | €20,006 | 93.6% | - |
These companies have their main activity in the same NACE class as Ascrawat: personal service activities (NACE 9699). With exactly the same main activity (NACE 96991), too few companies are of comparable size. They are comparable in size and age: total assets between €113,000 and €323,000, founded between 2013 and 2016.
Official details
Source: KBO- Status
- Active since 11-03-2016Normal situation
- Activity
- Personal service activitiesNACE 96991and 2 others
- Establishment unit
- 2.251.783.8338550 Zwevegem, since 11-03-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Insights on Ascrawat
Ascrawat files the micro format. That format states no turnover. The gross margin fell from €59,130 in 2017 to €14,456 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Ascrawat
- What is the company number of Ascrawat?
- The company number of Ascrawat is 0649.856.052. The VAT number is the same number with BE in front: BE 0649.856.052.
- Where is Ascrawat based?
- The registered office is at Avelgemstraat 110A, 8550 Zwevegem.Company details
- What does Ascrawat do?
- According to the KBO register, the main activity is personal service activities (NACE 96991).
- What is the legal form of Ascrawat?
- Ascrawat is a private limited company (pre-2019) (BVBA).
- When was Ascrawat founded?
- Ascrawat was founded on 11-03-2016.
- Is Ascrawat still active?
- Yes, Ascrawat is an active enterprise in the KBO register.
- What is the turnover of Ascrawat?
- The turnover in financial year 2025 is ≈ €68,000. This figure is estimated from the gross margin of €14,456 and 33 comparable companies (NACE 969). It probably lies between €32,000 and €180,000. It is a rough estimate.Financials
- Is Ascrawat profitable?
- In financial year 2025, Ascrawat made a profit of €10,920.
- Where can I find the annual accounts of Ascrawat?
- Ascrawat filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Ascrawat due?
- Ascrawat must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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