ASCRYL
ActiveSummary
The computed 12-month bankruptcy probability of ASCRYL is 3.8% (moderate). The 2025 annual accounts show equity of €120k and a net result of €60k. Equity is growing by ~67.4% per year across the filed fiscal years. Its solvency ranks better than 57% of 27965 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+28
Solvency79▲+16
Growth78=
Track record94
Bankruptcy probability, 12 months
3.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.17 against 1.61 in 2024; short-term debt: 46.1% and cash: 68.4% of total assets), and 46.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
53.8%
Return on assets
26.7%
Age of the figures
12 mo
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 17-05-2026, 17 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
17 d late
2024
27 d late
2023
29 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€120k▲ 98.5%
2024 · €61k
2023: €39klowest in 3 years
2024: €61k▲ +57.0% vs 2023
2025: €120k▲ +98.5% vs 2024highest in 3 years
2023 → 2025
Total assets
€224k▲ 39.2%
2024 · €161k
2023: €101klowest in 3 years
2024: €161k▲ +59.5% vs 2023
2025: €224k▲ +39.2% vs 2024highest in 3 years
2023 → 2025
Net result
€60k▲ 171%
2024 · €22k
2023: €19klowest in 3 years
2024: €22k▲ +18.4% vs 2023
2025: €60k▲ +171% vs 2024highest in 3 years
2023 → 2025
Working capital
€120k▲ 98.5%
2024 · €61k
2023: €39klowest in 3 years
2024: €61k▲ +57.0% vs 2023
2025: €120k▲ +98.5% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€39k-€61k▲ 57.0%€120k▲ 98.5%
2023: €39klowest in 3 years
2024: €61k▲ +57.0% vs 2023
2025: €120k▲ +98.5% vs 2024highest in 3 years
Operating result€25k-€33k▲ 28.6%€88k▲ 171%
2023: €25klowest in 3 years
2024: €33k▲ +28.6% vs 2023
2025: €88k▲ +171% vs 2024highest in 3 years
Net result€19k-€22k▲ 18.4%€60k▲ 171%
2023: €19klowest in 3 years
2024: €22k▲ +18.4% vs 2023
2025: €60k▲ +171% vs 2024highest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 171% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €224k
Fixed assets
€282 =
Current assets
€223k ▲ 39.3%
Equity and liabilities €224k
Equity
€120k ▲ 98.5%
Debt
€103k ▲ 3.3%
Debt's share of the balance-sheet total falls from 62.3% to 46.2%. Equity and debt are higher.
Key figures and ratios
Current ratio
2.17▲
2024 · 1.61
Quick ratio
2.11▲
2024 · 1.48
Debt to equity
0.86▼
2024 · 1.65
ROE
49.6%▲
2024 · 36.3%
ROA
26.7%▲
2024 · 13.7%
Debt ≤ 1 year
€103k▲
2024 · €100k
Income taxes
€29k▲
2024 · €11k
Staff costs
€121k▼
2024 · €129k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€161k€224k▲
Fixed assets21/28€282€282=
Financial fixed assets28€282€282=
Current assets29/58€160k€223k▲
Stocks and contracts in progress3€13k€6k▼
Stocks30/36€6k€6k▼
Contracts in progress37€7k€0▼
Amounts receivable within one year40/41€76k€64k▼
Trade receivables40€48k€54k▲
Other amounts receivable41€28k€10k▼
Cash at bank and in hand54/58€70k€153k▲
Deferred charges and accrued income490/1€1k€641▼
Equity and liabilities
Total equity and liabilities10/49€161k€224k▲
Equity10/15€61k€120k▲
Contributions10/11€20k€20k=
Reserves13€40k€100k▲
Distributable reserves133€40k€100k▲
Profit (loss) carried forward14€604€604=
Amounts payable17/49€100k€103k▲
Amounts payable within one year42/48€100k€103k▲
Trade debts44€60k€62k▲
Suppliers440/4€60k€62k▲
Advances received on contracts in progress46€15k€0▼
Taxes, remuneration and social security45€18k€37k▲
Taxes450/3€10k€29k▲
Remuneration and social security454/9€8k€8k▲
Other amounts payable47/48€7k€3k▼
Accrued charges and deferred income492/3€291€300▲
Income statement
Code20242025
Remuneration, social security and pensions62€129k€121k▼
Other operating charges640/8€455€397▼
Gross operating margin9900€162k€209k▲
Operating profit (loss)9901€33k€88k▲
Financial income75/76B€84€125▲
Recurring financial income75€84€125▲
Financial charges65/66B€55€44▼
Recurring financial charges65€55€44▼
Profit (loss) for the period before taxes9903€33k€88k▲
Income taxes67/77€11k€29k▲
Profit (loss) for the period9904€22k€60k▲
Profit (loss) for the period to be appropriated9905€22k€60k▲
Appropriation of the result
Profit (loss) to be appropriated9906€23k€60k▲
Profit (loss) brought forward from the previous period14P€592€604▲
Transfer to equity691/2€22k€60k▲
To other reserves6921€22k€60k▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €33k | €129k | €121k | ▼ 6.4% |
| Other operating charges640/8 | €686 | €455 | €397 | ▼ 12.8% |
| Gross operating margin9900 | €59k | €162k | €209k | ▲ 29.2% |
| Operating profit (loss)9901 | €25k | €33k | €88k | ▲ 171% |
| Financial income75/76B | €348 | €84 | €125 | ▲ 49.2% |
| Recurring financial income75 | €348 | €84 | €125 | ▲ 49.2% |
| Financial charges65/66B | €41 | €55 | €44 | ▼ 20.3% |
| Recurring financial charges65 | €41 | €55 | €44 | ▼ 20.3% |
| Profit (loss) for the period before taxes9903 | €26k | €33k | €88k | ▲ 171% |
| Income taxes67/77 | €7k | €11k | €29k | ▲ 170% |
| Profit (loss) for the period9904 | €19k | €22k | €60k | ▲ 171% |
| Profit (loss) for the period to be appropriated9905 | €19k | €22k | €60k | ▲ 171% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €101k | €161k | €224k | ▲ 39.2% |
| Fixed assets21/28 | €282 | €282 | €282 | = |
| Financial fixed assets28 | €282 | €282 | €282 | = |
| Current assets29/58 | €100k | €160k | €223k | ▲ 39.3% |
| Stocks and contracts in progress3 | €5k | €13k | €6k | ▼ 56.7% |
| Stocks30/36 | €5k | €6k | €6k | ▼ 11.9% |
| Contracts in progress37 | - | €7k | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €52k | €76k | €64k | ▼ 16.0% |
| Trade receivables40 | €36k | €48k | €54k | ▲ 11.4% |
| Other amounts receivable41 | €15k | €28k | €10k | ▼ 63.4% |
| Cash at bank and in hand54/58 | €42k | €70k | €153k | ▲ 119% |
| Deferred charges and accrued income490/1 | €1k | €1k | €641 | ▼ 47.1% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €101k | €161k | €224k | ▲ 39.2% |
| Equity10/15 | €39k | €61k | €120k | ▲ 98.5% |
| Contributions10/11 | €20k | €20k | €20k | = |
| Reserves13 | €18k | €40k | €100k | ▲ 149% |
| Distributable reserves133 | €18k | €40k | €100k | ▲ 149% |
| Profit (loss) carried forward14 | €592 | €604 | €604 | = |
| Amounts payable17/49 | €62k | €100k | €103k | ▲ 3.3% |
| Amounts payable within one year42/48 | €62k | €100k | €103k | ▲ 3.3% |
| Trade debts44 | €18k | €60k | €62k | ▲ 4.9% |
| Suppliers440/4 | €18k | €60k | €62k | ▲ 4.9% |
| Advances received on contracts in progress46 | - | €15k | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €12k | €18k | €37k | ▲ 101% |
| Taxes450/3 | €11k | €10k | €29k | ▲ 179% |
| Remuneration and social security454/9 | €2k | €8k | €8k | ▲ 1.5% |
| Other amounts payable47/48 | €32k | €7k | €3k | ▼ 49.5% |
| Accrued charges and deferred income492/3 | €288 | €291 | €300 | ▲ 3.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €19k | €22k | €60k | ▲ 171% |
| Operating cash flow (approximation) | €19k | €22k | €60k | ▲ 171% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | €28k | €83k | ▲ 196% |
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
Next filing, fiscal year 2026, expected by
2026
17-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 17 days late
2025
30-09
Financial
Highest result since 2023net €60k ▲171%
Operating result €88k, net result €60k, both a record.
30-09
Financial
Equity above €100kEq €120k ▲98.5%
3 profitable years in a row build equity to €120k.
27-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
29-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Vorst · 1 establishment unit since 2022
Ground area
7,405 m²
Building footprint
2,612 m²
Volume, LiDAR
9,906 m³
2 parcels, Brussels, Flanders · tallest building 15.0 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ASCRYL
since 20222.345.431.987
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22001A0066/00C002 | Flanders | 7,226 m² | 1 · 2,505 m² | 10.6 m · 1 fl. |
| 21007A0067/00E000 | Brussels | 179 m² | 1 · 107 m² | 15.0 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
WePaintToo
BE 0788.537.942
Antwerpen · Eq €120,366
CREATIES JOS BUYSSE
BE 0894.227.162
Brakel · Eq €120,086
ICOLOR
BE 0831.827.161
Antwerpen · Eq €119,848
Dany GARBIN
BE 0886.696.202
Leuze-en-Hainaut · Eq €119,813
KURT BENEENS SCHILDERWERKEN
BE 0844.765.575
Geel · Eq €119,788
Of 7,863 companies in sector 43341 we hold annual accounts for 2,663. 2,220 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-10-2022
Fiscal year end30-09
Activities, NACEBEL 2025
43341Painting of buildings
43310Plastering work
43320Joinery installation
43331Floor and wall tiling
43332Laying of wooden floor and wall coverings
43333Wallpapering and laying of floor and wall coverings in other materials
Scores and ratios are computed by Checked and are not a credit decision.