ASD Car Service
ActiveASD Car Service has been active since 1967 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €250k and a net result of €37k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 65% of 18237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-1
Solvency77=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity short (current ratio 0.73 against 1.53 in 2024; short-term debt: 21.3% and cash: 1.7% of total assets), and 48.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
51.8%
Return on assets
7.8%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €250k
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
16 d early
2023
30 d early
2022
115 d early
2021
31 d early
2020
30 d early
2019
27 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€250k▲ 17.6%
2024 · €213k
2018: €-48k
2019: €-49k
2020: €-82k
2021: €-83k
2022: €-82k
2023: €180k
2024: €213k
2018 → 2025
Total assets
€484k▲ 17.9%
2024 · €410k
2018: €1.04M
2019: €1.01M
2020: €969k
2021: €966k
2022: €899k
2023: €405k
2024: €410k
2018 → 2025
Net result
€37k▲ 14.2%
2024 · €33k
2018: €-15k
2019: €-441
2020: €-33k
2021: €-1k
2022: €1k
2023: €83k
2024: €33k
2018 → 2025
Working capital
€-28k
2024 · €22k
2018: €-386k
2019: €-381k
2020: €-28k
2021: €-34k
2022: €-33k
2023: €12k
2024: €22k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-83k-€-82k▲ 1.4%€180k€213k▲ 18.2%€250k▲ 17.6%
Operating result€19k-€21k▲ 5.4%€100k▲ 384%€55k▼ 45.1%€60k▲ 10.2%
Net result€-1k-€1k€83k▲ 6,809%€33k▼ 60.7%€37k▲ 14.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 10% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €484k
Fixed assets
€409k▲ 18.1%
Current assets
€75k▲ 16.7%
Equity and liabilities €484k
Equity
€250k▲ 17.6%
Debt
€233k▲ 18.2%
The debt ratio rises from 48.1% to 48.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€95k▲
2024 · €86k
Cash flow
€73k▲
2024 · €64k
Solvency
51.8%▼
2024 · 51.9%
Current ratio
0.73▼
2024 · 1.53
Quick ratio
0.45▼
2024 · 0.98
Debt / equity
0.93▲
2024 · 0.93
ROE
15.0%▼
2024 · 15.4%
ROA
7.8%▼
2024 · 8.0%
Interest coverage
9.04▲
2024 · 7.40
Debt
€233k▲
2024 · €197k
Debt ≤ 1 year
€103k▲
2024 · €42k
Debt > 1 year
€131k▼
2024 · €154k
Income taxes
€12k▲
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€410k€484k▲
Fixed assets21/28€346k€409k▲
Intangible fixed assets21€1k€409▼
Tangible fixed assets22/27€340k€403k▲
Land and buildings22€295k€280k▼
Plant, machinery and equipment23€26k€11k▼
Furniture and vehicles24€1k€364▼
Other tangible fixed assets26€18k€112k▲
Financial fixed assets28€5k€5k=
Current assets29/58€64k€75k▲
Stocks and contracts in progress3€23k€28k▲
Stocks30/36€23k€28k▲
Amounts receivable within one year40/41€32k€38k▲
Trade receivables40€7k€14k▲
Other amounts receivable41€24k€24k▼
Cash at bank and in hand54/58€8k€8k▲
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€410k€484k▲
Equity10/15€213k€250k▲
Contributions10/11€192k€192k=
Reserves13€20k€58k▲
Distributable reserves133€20k€58k▲
Amounts payable17/49€197k€233k▲
Amounts payable after more than one year17€154k€131k▼
Financial debts170/4€154k€131k▼
Amounts payable within one year42/48€42k€103k▲
Current portion of amounts payable after more than one year42€18k€18k▼
Financial debts43€3k€5k▲
Credit institutions430/8€3k€5k▲
Trade debts44€11k€6k▼
Suppliers440/4€11k€6k▼
Advances received on contracts in progress46€1k-
Taxes, remuneration and social security45€7k€30k▲
Taxes450/3€4k€13k▲
Remuneration and social security454/9€3k€17k▲
Other amounts payable47/48€2k€44k▲
Accrued charges and deferred income492/3€1k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€35k▲
Other operating charges640/8€9k€8k▼
Non-recurring operating charges66A€250-
Gross operating margin9900€95k€103k▲
Operating profit (loss)9901€55k€60k▲
Financial income75/76B€429-
Recurring financial income75€429-
Financial charges65/66B€12k€11k▼
Recurring financial charges65€12k€11k▼
Profit (loss) for the period before taxes9903€43k€50k▲
Income taxes67/77€11k€12k▲
Profit (loss) for the period9904€33k€37k▲
Profit (loss) for the period to be appropriated9905€33k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€20k€37k▲
Profit (loss) brought forward from the previous period14P€-12k-
Transfer to equity691/2€20k€37k▲
To other reserves6921€20k€37k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-09
State Gazette act
Registered officeGeneral meeting · Name change · Registered-office move3 facts ▸
State Gazette act
Registered office
General meeting · Name change · Registered-office move3 facts ▸
- General meeting, 2026-08-28
- Name change, ASD Car Service
- Registered-office move, 2440 Geel, Hezeschrans 1A
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €213k ▲18.2%
3 profitable years in a row build equity to €213k.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €83k ▲6809%
Operating result €100k, net result €83k, both a record.
31-12
Financial
Liquidity times 7current ratio 1.26
Current ratio from 0.17 to 1.26.
31-12
Financial
Equity above €150kEq €180k
2 profitable years in a row build equity to €180k.
07-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €1k
Net result €1k after 4 loss-making years.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-33k
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Geel · 1 establishment unit since 2002
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hezeschrans 1A2440 GeelGround area
2,533 m²
Building footprint
1,164 m²
Volume, LiDAR
2,916 m³
2 parcels, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ASD Performance
since 20022.103.952.863
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13373B0070/00Z000 | Flanders | 1,781 m² | 1 · 787 m² | 3.9 m |
| 13021B0918/00T000 | Flanders | 752 m² | 1 · 377 m² | 12.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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
GARAGE SOBIESKI
BE 0463.665.839
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GARAGE FORREST
BE 0430.529.055
Ieper · Eq €251k
K.V. & COMPANY
BE 0457.910.175
Ardooie · Eq €251k
EUROPEAN CAR CENTRE
BE 0817.956.161
Antwerpen · Eq €251k
House of cars
BE 0454.483.404
Rixensart · Eq €251k
Of 10,672 companies in sector 47811 we hold annual accounts for 5,222. 3,705 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-11-1967
Fiscal year end31-12
Abbreviation NL
ASD
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
50103
46711Wholesale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
50200
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.