Financials
- Fiscal year
- 2024
- Turnover
- €148,874
- Loss
- -€1,913
- Solvency
- 41.9%
Turnover▼ 29.9%
Net result
20232024
ASD TRADE
ActiveSummary
The computed 12-month bankruptcy probability of ASD TRADE is 7.5% (elevated). The 2024 annual accounts show equity of €24,430 and a net result of -€1,913. Its solvency ranks better than 61% of 18,970 sector peers (NACE 56, fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Limited-service restaurants, excluding mobile food services
NACE 56112
1 site
Size
€148,874turnover 2024
- Equity
- €24,430
- Loss
- -€1,913
Structure
Accounts 68 days overdue0 of 3 deeds read
Why 35- 1 change of registered office in 24 months- Figures for FY 2024 (filed 29-09-2025)- 1 financial year not filed after the legal deadline; latest accounts 60 days late; 2 of the last 3 late+ Liquidity: current ratio 1.59, cash €45,800Show the evidence
Checked score
Score 2024
35
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 45% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Average
Solvency
67-21
equity 41.9% of total assets
Liquidity
70-13
short-term debt 58.1% · cash 78.6%
Profitability
16-76
return on assets -3.3%
Bankruptcy probability, 12 months
7.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.3%
12-2024: 2.3%● unchanged vs 11-2024
01-2025: 2.3%● unchanged vs 12-2024
02-2025: 2.2%▼ -0.1 percentage points vs 01-2025lowest value
03-2025: 2.4%▲ +0.2 percentage points vs 02-2025
04-2025: 2.5%▲ +0.1 percentage points vs 03-2025
05-2025: 2.5%● unchanged vs 04-2025
06-2025: 2.5%● unchanged vs 05-2025
07-2025: 2.5%● unchanged vs 06-2025
08-2025: 3.1%▲ +0.6 percentage points vs 07-2025
09-2025: 6.2%▲ +3.1 percentage points vs 08-2025
10-2025: 4.3%▼ -1.9 percentage points vs 09-2025
11-2025: 4.3%● unchanged vs 10-2025
12-2025: 4.3%● unchanged vs 11-2025
01-2026: 4.0%▼ -0.3 percentage points vs 12-2025
02-2026: 4.1%▲ +0.1 percentage points vs 01-2026
03-2026: 4.1%● unchanged vs 02-2026
04-2026: 4.7%▲ +0.6 percentage points vs 03-2026
05-2026: 5.0%▲ +0.3 percentage points vs 04-2026
06-2026: 4.5%▼ -0.5 percentage points vs 05-2026
07-2026: 4.5%● unchanged vs 06-2026
08-2026: 5.6%▲ +1.1 percentage points vs 07-2026
09-2026: 5.6%● unchanged vs 08-2026
10-2026: 7.5%▲ +1.9 percentage points vs 09-2026highest value
Credit up to €500 at 30 days only on tighter terms
Liquidity ample (current ratio 1.59 against 2.31 in 2023; short-term debt: 58.1% and cash: 78.6% of total assets), but 58.1% of the assets are financed with debt.
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 56, micro): better than 61% on solvency, 74% on liquidity, 23% on profitability and 21% on growth.
The bankruptcy probability was computed on 06-10-2026 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
Five signals.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
60 days late
2023
56 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 58 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 2
- Since
- 2024
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Founded
- 07-10-2022
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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