Active BE 0794.600.640Private limited companyOpen bankruptcy

ASD COMPANY

Oude Haachtsesteenweg 59 ·1831 Machelen (Brab.), Belgium· 3 yrs active

Sector: Road freight transport (49410)

Conclusion Checked

A bankruptcy procedure is open for ASD COMPANY according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €42k and a net result of €27k.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€42k
Net result	€27k
Staff (FTE)	0.7
Better than sector	69%

Snowflake analysis 5 axes · computed by Checked

51 / 100

Mixed profile: strong on profitability, weaker on stability.

Health 18

Profitability 100

Solvency 85

Growth 50

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High risk

Components

· Open bankruptcy (+50)

Trust signals 1 signals

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2023 · computed

18 / 100 Critical

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.

Financial overview1 NBB filings

Annual accounts filed on 09-09-2024 with the NBB · fiscal year 2023 · micro

Sector comparison

Fiscal year 2023 · NACE 49 — Land transport · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	41.0%	24.6%	better than 69% of 438 sector peers
Net result	€27k	€4k	better than 84% of 432 sector peers
Equity	€42k	€11k	better than 82% of 443 sector peers
Gross operating margin	€60k	€20k	better than 75% of 429 sector peers
Staff costs	€26k	€28k	higher than 49% of 181 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Highlight YoY changes (±10%)

Fiscal year	2023
Revenue	—
EBITDA	—
Net profit	€27k
Cash flow	—
Staff costs	€26k
Income taxes	—
Dividends	—
Total assets	€101k
Equity	€42k
Debt	€60k
of which ≤ 1y	€37k
of which > 1y	€23k
Working capital	€54k
Employees (FTE)	0.7

Ratios (computed)

	2023
Current ratio	2.45
Quick ratio	2.45
Working capital ratio	53.3%
Solvency	41.0%
Debt / equity	1.44
Long-term debt ratio	0.54
Interest coverage	—
Gross margin	—
Net margin	—
ROA	26.2%
ROE	63.9%
EBITDA margin	—
Days sales outstanding	—
Days payable outstanding	—
Inventory turnover	—
Days inventory (DSI)	—

Balance-sheet composition 2023

Assets

Fixed assets €10k · 10.0% Current assets €91k · 90.0%

Equity & liabilities

Equity €42k · 41.0% Debt €60k · 59.0%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2023
Balance sheet — Assets
TOTAL ASSETS	20/58	€101k
Fixed assets	21/28	€10k
Financial fixed assets	28	€10k
Current assets	29/58	€91k
Amounts receivable within one year	40/41	€90k
Cash & bank	54/58	€2k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€101k
Equity	10/15	€42k
Contributions / capital	10/11	€15k
Accumulated profits (losses)	14	€27k
Amounts payable	17/49	€60k
Amounts payable after one year	17	€23k
Amounts payable within one year	42/48	€37k
Trade debts payable within one year	44	€17k
Income statement
Gross operating margin	9900	€60k
Operating result	9901	€28k
Financial charges	65	€2k
Result before taxes	9903	€27k
Net result for the period	9904	€27k
Result to be appropriated	9905	€27k

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	MICHIEL VERRAES EDMOND TOLLENAERE- STRAAT 56-79 B23, 1020 BRUSSEL 2 ↔ Also on 145 other cases	29-07-2025 → present	Belgian State Gazette

Legal Structure

NACE primary	Road freight transport(49410)
Legal form	Private limited company(610)
Incorporation	09-12-2022
Status	Active
Postal code	1831
First BS signal	04-08-2025
Latest BS signal	04-08-2025

Company structure — linked entities1 linked entities

Mandates

↔ 1 of these mandate-holders are active on other cases — click any red card to open that KBO.

Establishment units 1 location

ASD COMPANY

Poverstraat 140, 1731 AsseBouw van autowegen en andere wegen

since 20222.340.856.854

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23068B0218/00G000	Flanders	1.7 ha	1 · 279 m²	—
23015C0111/00W000	Flanders	649 m²	1 · 329 m²	—

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.

Updates 5 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

04-08-2025

Bankruptcy Opening

Ondernemingsrechtbank Brussel · ASD COMPANY BV OUDE HAACHTSESTEENWEG 59, 1831- MACHELEN · event 29-07-2025

25-02-2025

State Gazette act Capital & shares

25-02-2025

State Gazette act Director changes

25-02-2025

State Gazette act Registered-office change

2024

09-09-2024

NBB filing Annual accounts filed

fiscal year 2023 · micro

Lifecycle & Insolvency Signals 1 events

04-08-2025

Bankruptcy Opening

Date: 29-07-2025 · Ondernemingsrechtbank Brussel · ASD COMPANY BV OUDE HAACHTSESTEENWEG 59, 1831- MACHELEN · Publications in State Gazette ↗

Time machine — BS events + macro context 2021 — 2026

Macro context

2020-Q2/Q3 COVID lockdown

2022 energy crisis

2023–2024 ECB rate hikes

Legend

Bankruptcy

Interim / reorg

KBO event

Belgisch Staatsblad — acts 3 acts

Capital history · 1

25-02-2025

Capital change

Address history · 1

25-02-2025

Registered-office move

All acts · 3 updated 1 year ago

2025

25-02-2025 All shares are now held by a single shareholder Capital & shares

Original publication ↗

Technical details

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25-02-2025 1 director appointed, 1 resigning Director changes

UCAR ALPARSLAN — Bestuurder
DAVRAN MURAT — Bestuurder

Original publication ↗

Technical details

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25-02-2025 Registered office moved to DIEGEM Registered-office change

OUDE HAACHTSESTEENWEG 59-1831 DIEGEM

Original publication ↗

Technical details

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Company registry (CBE) Crossroads Bank

Activities

Goederenvervoer over de weg, m.u.v. verhuisbedrijven49410Goederenvervoer over de weg49410

Primary activity highlighted.

Names & trade names

Legal nameNL

ASD COMPANY

Registered office

Oude Haachtsesteenweg 59

1831 Machelen (Brab.), Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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