ASDA

Active

Private limited companyfounded 2023active for 3 yearsOssenstraat 71, 9000 Gent, BelgiumKBO/BCE: BE 0800.736.186

Summary

The computed 12-month bankruptcy probability of ASDA is 10.5% (high). The 2024 annual accounts show equity of €20,600 and a net result of €20,600. Its solvency ranks better than 65% of 6,609 sector peers (NACE 49, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

ASDAActiveChecked score 33/100

Risk analysis Report Compare

Activity

Freight transport by road

NACE 49410

1 site

Size

≈ €140,000turnover 2024, estimated

Staff: ≈ 0 FTE, estimated
Equity: €20,600
Profit: €20,600

Turnover estimated from the gross margin

Financial health

33 Weak Checked score 2024

Bankruptcy probabilitywithin 12 months: 10.5%

Structure

OZCELIK HuseyinDirector

2024 accounts 29 days early

Why 33raises risk1 change of registered office in 24 monthsFigures for financial year 2024 (filed 02-07-2025)Founded in 2023Sector: Land transport and transport via pipelines (NACE 49)Show the evidence

Checked score

Score 2024

33 / 100

Weak

Probability in this band: 4.2% to 15.0%

Financially better than 55% of its sector peers (NACE 49, micro)

Every signal that counts is listed under Signals.

Financial strength

Strong

Solvency 77

equity 52.0% of total assets

Liquidity 26

short-term debt 48.0% · cash 0.1%

Profitability 88

return on assets 52.0%

Bankruptcy probability, 12 months

10.5% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,098 companies, NACE 49, micro)

Last 24 months 11-2024: 5.0%lowest value 12-2024: 7.9%▲ +2.9 percentage points vs 11-2024 01-2025: 7.7%▼ -0.2 percentage points vs 12-2024 02-2025: 7.8%▲ +0.1 percentage points vs 01-2025 03-2025: 8.1%▲ +0.3 percentage points vs 02-2025 04-2025: 8.2%▲ +0.1 percentage points vs 03-2025 05-2025: 8.2%● unchanged vs 04-2025 06-2025: 8.2%● unchanged vs 05-2025 07-2025: 8.2%● unchanged vs 06-2025 08-2025: 5.7%▼ -2.5 percentage points vs 07-2025 09-2025: 5.7%● unchanged vs 08-2025 10-2025: 5.7%● unchanged vs 09-2025 11-2025: 5.7%● unchanged vs 10-2025 12-2025: 5.7%● unchanged vs 11-2025 01-2026: 5.7%● unchanged vs 12-2025 02-2026: 5.7%● unchanged vs 01-2026 03-2026: 5.8%▲ +0.1 percentage points vs 02-2026 04-2026: 6.7%▲ +0.9 percentage points vs 03-2026 05-2026: 7.5%▲ +0.8 percentage points vs 04-2026 06-2026: 7.6%▲ +0.1 percentage points vs 05-2026 07-2026: 7.8%▲ +0.2 percentage points vs 06-2026 08-2026: 8.0%▲ +0.2 percentage points vs 07-2026 09-2026: 8.1%▲ +0.1 percentage points vs 08-2026 10-2026: 10.5%▲ +2.4 percentage points vs 09-2026highest value

Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms

Liquidity insufficient (current ratio 0.09, below 1; short-term debt: 48% and cash: 0.1% of total assets), and 48% of the assets are financed with debt and provisions.

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 49, micro): better than 64% on solvency, 23% on liquidity and 78% on profitability.

The bankruptcy probability was computed on 29-10-2026 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.

raises riskneutral

1 change of registered office in 24 months

Belgian Official Gazette

Figures for financial year 2024 (filed 02-07-2025)

NBB · annual accounts

Founded in 2023

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Sector: Land transport and transport via pipelines (NACE 49)

KBO

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2024

29 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 29 days before the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since incorporation in 2023.

KBO publications · our coverage

02-07-2025 Annual accounts filedfinancial year 2024 · micro…
18-11-2024 Registered officeRegistered-office move
17-04-2023 IncorporationAppointment: OZCELIK Huseyin (director) ·…

Key points

One director decidessole director in office 1 View
Total assets 2024first financial year filed €39,592 View
Active since 2023founded 13-04-2023 3 years View

By topic

Financials

Financial year: 2024
Total assets: €39,592
Profit: €20,600
Solvency: 52.0%

Go to Financials

Board & ownership

Board: 1 member

OZCELIK HuseyinDirector

Go to Board & ownership

Timeline

Events: 3
Since: 2023

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Freight transport by roadNACE 49410
Founded: 13-04-2023
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 12

Who signs: Each director alone
Purpose: “1. goederenvervoer over de weg,voor eigen rekening of voor rekening van derden tegen…” (deed in Dutch)

Go to Articles of association

Key facts about ASDA

What is the company number of ASDA?: 0800.736.186. In Belgium the VAT number is the company number with BE in front: BE 0800.736.186.
Where is ASDA based?: The registered office is at Ossenstraat 71, 9000 Gent.Company details
What does ASDA do?: According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of ASDA?: Private limited company (BV).
When was ASDA founded?: On 13-04-2023.
Is ASDA still active?: Yes, ASDA is an active enterprise in the KBO register.
What is the turnover of ASDA?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is ASDA profitable?: In financial year 2024, ASDA made a profit of €20,600.
Where can I find the annual accounts of ASDA?: ASDA filed 1 annual account with the National Bank of Belgium, for financial year 2024.