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ASDO

Active
Private limited company (pre-2019)founded 2010active for 16 yearsTorteldreef 38, 3140 Keerbergen, BelgiumKBO/BCE: BE 0826.295.785
Summary

ASDO has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €259,749 and a net result of €118,027. Equity is growing by about 20% per year across the filed financial years. Its solvency ranks better than 36% of 10,777 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Activities of head offices
NACE 70100
1 site
Size
≈ €310,000turnover 2025, estimated
Equity
€259,749
Profit
€118,027
Turnover estimated from the gross margin
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Largest shareholder
Vangoidsenhoven Investment Group · 30%
Holdings
1
2025 accounts 23 days early1 of 3 deeds summarised
Why 93lowers riskSize: total assets €724,358Figures for financial year 2025 (filed 08-04-2026)Sector: Activities of head offices; management consultancy activities (NACE 70)Founded in 2010Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 48% of its sector peers (NACE 70, micro)
Financial strength · tick = 2024
Strong
Solvency 61+15
equity 35.9% of total assets
Liquidity 25+13
short-term debt 62.9% · cash 6.1%
Profitability 89-3
return on assets 16.3%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,493 companies, NACE 70, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.3%▲ +0.2 percentage points vs 04-2025highest value 06-2025: < 0.1%▼ -0.3 percentage points vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: 0.1%▲ +0.1 percentage points vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: < 0.1%▼ -0.1 percentage points vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €24,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.18, compared with 0.07 in 2024, below 1; short-term debt: 62.9% and cash: 6.1% of total assets), and 64.1% 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 70, micro): better than 35% on solvency, 10% on liquidity, 58% on profitability and 87% on growth.

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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskneutral
lowers risk · Size: total assets €724,358
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 08-04-2026)
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Founded in 2010
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 07-04-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 days early
2024
5 days late
2023
15 days early
2022
45 days early
2021
25 days early
2020
63 days early
2019
56 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 32 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 7 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end30-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Equity above €200,000equity €259,749 ▲83.3%
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Financials · financial year 2025, abbreviated format

Turnover
≈ €310,000
Estimated: probably between €240,000 and €410,000
Total assets
€724,358▲ 4.8%
2024 · €691,065
Net result
€118,027▼ 8.0%
2024 · €128,233
Working capital
-€373,527▲ 24.5%
2024 · -€494,771
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 33% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€176,730 2025 Net result€118,027 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result-€5,980-€18,157€69,862▲ 285%€34,647▼ 50.4%€9,586▼ 72.3%€132,785▲ 14×€176,730▲ 33.1%
Net result-€11,058-€11,970within the sector's middle half€54,065within the sector's middle half▲ 352%€20,204within the sector's middle half▼ 62.6%€4,697within the sector's middle half▼ 76.8%€128,233within the sector's middle half▲ 27×€118,027within the sector's middle half▼ 8.0%
Equity€47,555-€59,524within the sector's middle half▲ 25.2%€113,589within the sector's middle half▲ 90.8%€133,793within the sector's middle half▲ 17.8%€138,490within the sector's middle half▲ 3.5%€141,722within the sector's middle half▲ 2.3%€259,749within the sector's middle half▲ 83.3%
Total assets€697,759-€712,729above the sector's middle half▲ 2.1%€763,525above the sector's middle half▲ 7.1%€754,476within the sector's middle half▼ 1.2%€652,737within the sector's middle half▼ 13.5%€691,065within the sector's middle half▲ 5.9%€724,358within the sector's middle half▲ 4.8%
Debt€650,204-€653,205▲ 0.5%€649,936▼ 0.5%€620,683▼ 4.5%€514,247▼ 17.1%€549,343▲ 6.8%€464,608▼ 15.4%
Working capital-€555,686--€542,040below the sector's middle half▲ 2.5%-€489,089below the sector's middle half▲ 9.8%-€469,767below the sector's middle half▲ 4.0%-€464,589below the sector's middle half▲ 1.1%-€494,771below the sector's middle half▼ 6.5%-€373,527below the sector's middle half▲ 24.5%
Solvency6.8%-8.4%below the sector's middle half▲ 1.5pp14.9%below the sector's middle half▲ 6.5pp17.7%below the sector's middle half▲ 2.9pp21.2%below the sector's middle half▲ 3.5pp20.5%below the sector's middle half▼ 0.7pp35.9%within the sector's middle half▲ 15.4pp
Current ratio0.14-0.17below the sector's middle half▲ 0.020.24below the sector's middle half▲ 0.080.24below the sector's middle half=0.09below the sector's middle half▼ 0.150.07below the sector's middle half▼ 0.020.18below the sector's middle half▲ 0.11
Return on assets (ROA)-1.6%-1.7%within the sector's middle half▲ 3.3pp7.1%within the sector's middle half▲ 5.4pp2.7%within the sector's middle half▼ 4.4pp0.7%within the sector's middle half▼ 2.0pp18.6%above the sector's middle half▲ 17.8pp16.3%above the sector's middle half▼ 2.3pp
above within below the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €724,358
Fixed assets €642,196 ▼ 1.5%
Current assets €82,162 ▲ 111%
Equity and liabilities €724,358
Equity €259,749 ▲ 83.3%
Debt €464,608 ▼ 15.4%
Debt's share of the balance-sheet total falls from 79.5% to 64.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€186,590▲
2024 · €134,583
Cash flow
€127,887▼
2024 · €130,030
Debt to equity
1.79▼
2024 · 3.88
ROE
45.4%▼
2024 · 90.5%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€455,688▼
2024 · €533,780
Debt > 1 year
€6,407▼
2024 · €13,095
Income taxes
€57,693▲
2024 · €4,109
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€691,065€724,358▲
Fixed assets21/28€652,055€642,196▼
Tangible fixed assets22/27€47,055€37,196▼
Plant, machinery and equipment23€198-
Furniture and vehicles24€46,858€37,196▼
Financial fixed assets28€605,000€605,000=
Current assets29/58€39,010€82,162▲
Amounts receivable within one year40/41€16,200€35,890▲
Trade receivables40€16,200€20,425▲
Other amounts receivable41-€15,465
Cash at bank and in hand54/58€20,545€44,124▲
Deferred charges and accrued income490/1€2,265€2,147▼
Equity and liabilities
Total equity and liabilities10/49€691,065€724,358▲
Equity10/15€141,722€259,749▲
Contributions10/11€100,000€100,000=
Reserves13€41,722€159,749▲
Distributable reserves133€41,722€159,749▲
Amounts payable17/49€549,343€464,608▼
Amounts payable after more than one year17€13,095€6,407▼
Financial debts170/4€13,095€6,407▼
Amounts payable within one year42/48€533,780€455,688▼
Current portion of amounts payable after more than one year42€6,386€6,688▲
Trade debts44€626-
Suppliers440/4€626-
Taxes, remuneration and social security45€838€22,693▲
Taxes450/3€838€22,693▲
Other amounts payable47/48€525,931€426,308▼
Accrued charges and deferred income492/3€2,468€2,513▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,797€9,860▲
Other operating charges640/8€436€642▲
Gross operating margin9900€135,019€187,231▲
Operating profit (loss)9901€132,785€176,730▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€444€1,010▲
Recurring financial charges65€444€1,010▲
Profit (loss) for the period before taxes9903€132,342€175,720▲
Income taxes67/77€4,109€57,693▲
Profit (loss) for the period9904€128,233€118,027▼
Profit (loss) for the period to be appropriated9905€128,233€118,027▼
Appropriation of the result
Profit (loss) to be appropriated9906€128,233€118,027▼
Transfer to equity691/2€3,233€118,027▲
To other reserves6921€3,233€118,027▲
Profit to be distributed694/7€125,000-
Directors or managers695€125,000-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€442--€148€345€1,797€9,860▲ 449%
Other operating charges640/8--€868€348€348€436€642▲ 47.3%
Gross operating margin9900-€5,154€18,157€70,730€35,142€10,279€135,019€187,231▲ 38.7%
Operating profit (loss)9901-€5,980€18,157€69,862€34,647€9,586€132,785€176,730▲ 33.1%
Financial income75/76B--€104---€0-
Recurring financial income75--€104---€0-
Financial charges65/66B--€6,199€2,421€184€444€1,010▲ 128%
Recurring financial charges65€5,078€6,188€6,199€2,421€184€444€1,010▲ 128%
Profit (loss) for the period before taxes9903-€11,058€11,970€63,767€32,226€9,401€132,342€175,720▲ 32.8%
Income taxes67/77--€9,702€12,022€4,704€4,109€57,693▲ 14×
Profit (loss) for the period9904-€11,058€11,970€54,065€20,204€4,697€128,233€118,027▼ 8.0%
Profit (loss) for the period to be appropriated9905-€11,058€11,970€54,065€20,204€4,697€128,233€118,027▼ 8.0%
Line2019202020212022202320242025Change
Assets
Total assets20/58€697,759€712,729€763,525€754,476€652,737€691,065€724,358▲ 4.8%
Fixed assets21/28€605,000€605,000€605,000€605,889€605,543€652,055€642,196▼ 1.5%
Tangible fixed assets22/27---€889€543€47,055€37,196▼ 21.0%
Plant, machinery and equipment23---€889€543€198--
Furniture and vehicles24-----€46,858€37,196▼ 20.6%
Financial fixed assets28€605,000€605,000€605,000€605,000€605,000€605,000€605,000=
Current assets29/58€92,759€107,729€158,525€148,587€47,193€39,010€82,162▲ 111%
Amounts receivable within one year40/41€92,097€107,232€150,097€90,330€27,196€16,200€35,890▲ 122%
Trade receivables40--€32,030€19,965€15,750€16,200€20,425▲ 26.1%
Other amounts receivable41--€118,067€70,365€11,446-€15,465-
Cash at bank and in hand54/58€184-€7,917€57,733€19,384€20,545€44,124▲ 115%
Deferred charges and accrued income490/1--€511€524€613€2,265€2,147▼ 5.2%
Equity and liabilities
Total equity and liabilities10/49€697,759€712,729€763,525€754,476€652,737€691,065€724,358▲ 4.8%
Equity10/15€47,555€59,524€113,589€133,793€138,490€141,722€259,749▲ 83.3%
Contributions10/11€100,000-€100,000€100,000€100,000€100,000€100,000=
Reserves13--€13,589€33,793€38,490€41,722€159,749▲ 283%
Distributable reserves133--€13,589€33,793€38,490€41,722€159,749▲ 283%
Profit (loss) carried forward14-€52,445-€40,476€0-----
Amounts payable17/49€650,204€653,205€649,936€620,683€514,247€549,343€464,608▼ 15.4%
Amounts payable after more than one year17-----€13,095€6,407▼ 51.1%
Financial debts170/4-----€13,095€6,407▼ 51.1%
Amounts payable within one year42/48€648,445€649,769€647,614€618,354€511,782€533,780€455,688▼ 14.6%
Current portion of amounts payable after more than one year42-----€6,386€6,688▲ 4.7%
Financial debts43--€137,332€75,000----
Credit institutions430/8--€137,332€75,000----
Trade debts44€197€2,886€48,976€100,650€75,269€626--
Suppliers440/4--€48,976€100,650€75,269€626--
Taxes, remuneration and social security45--€15,613€9,790-€838€22,693▲ 27×
Taxes450/3--€15,613€9,790-€838€22,693▲ 27×
Other amounts payable47/48--€445,693€432,914€436,513€525,931€426,308▼ 18.9%
Accrued charges and deferred income492/3--€2,322€2,329€2,464€2,468€2,513▲ 1.8%
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€11,058€11,970€54,065€20,204€4,697€128,233€118,027▼ 8.0%
+ Depreciation and write-downs630€442--€148€345€1,797€9,860▲ 449%
Operating cash flow (approximation)-€10,616€11,970€54,065€20,352€5,042€130,030€127,887▼ 1.6%
Investment in fixed assets (approximation)-€0€0-€1,036€0-€48,310€0-
Change in cash---€49,816-€38,349€1,160€23,579▲ 20×

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 15 filings with the National Bank
Financial year Type Filed Reference
30-09-2025 abbreviated format 07-04-2026 2026-00074442
30-09-2024 abbreviated format 05-05-2025 2025-00090684
30-09-2023 abbreviated format 15-04-2024 2024-00064262
30-09-2022 abbreviated format 16-03-2023 2023-00042023
30-09-2021 micro format 05-04-2022 2022-20001007
30-09-2020 micro format 26-02-2021 2021-06400418
30-09-2019 micro format 05-03-2020 2020-06300370
30-09-2018 micro format 07-03-2019 2019-06600243
30-09-2017 micro format 27-02-2018 2018-05700321
30-09-2016 abbreviated format 10-03-2017 2017-06200180

Show all 15 filings

Similar companies · same sector, comparable size

Of the 5,758 active companies whose main activity is activities of head offices (NACE 70100), figures are known for 3,687. 2,475 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
no sitting director read yet, last change in 2021
No directors read yet: 1 of 3 Gazette acts processed. See the directors and other office holders in the KBO →

Mandate history

1 person since 2021, 0 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Schroons Anita
  • Director, until 01-01-2021
See the board, name and registered office on a given date →

Owners and capital

Owners

1 owner

According to the annual accounts to 30-09-2025 of ASDO and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

According to the annual accounts to 30-09-2025 of ASDO and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

Depth

The network starts from this company’s shareholders. What else they own or run appears here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 26 May 2010, ASDO was incorporated.1 Total assets went from €697,759 in 2019 to €724,358 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 30-04-2027
2026
07-04
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
30-09
Financial Equity above €200,000equity €259,749 ▲83.3%
6 profitable years in a row build equity to €259,749.
05-05
NBB filing Annual accounts filed
financial year 2024 · abbreviated format · 5 days late
2024
30-09
Financial Highest result from 2019 to 2025net €128,233 ▲2,630%
Net result €128,233, the highest in the series.
15-04
NBB filing Annual accounts filed
financial year 2023 · abbreviated format
2023
20-04
Gazette deed Resignation: Schroons Anita (director)
2 facts ▸
  • General meeting, 14-03-2022
  • Director resignation, Schroons Anita (director)
16-03
NBB filing Annual accounts filed
financial year 2022 · abbreviated format
2022
05-04
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
30-09
Financial Equity above €100,000equity €113,589 ▲90.8%
2 profitable years in a row build equity to €113,589.
26-02
NBB filing Annual accounts filed
financial year 2020 · micro format
2020
30-09
Financial Back to profitnet €11,970
Net result €11,970 after one loss-making year.
05-03
NBB filing Annual accounts filed
financial year 2019 · micro format
Show earlier events
2019
07-03
NBB filing Annual accounts filed
financial year 2018 · micro format
2018
27-02
NBB filing Annual accounts filed
financial year 2017 · micro format
2017
10-03
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 15 annual accounts filed, the latest 10 are here; all 15 are under Financials.
1 of 3 deeds read
About the unread acts

Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not 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.

Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded26-05-2010
Financial year end30-09
Activities, NACEBEL 2025
70100Activities of head offices
E-invoicing
Reachable via Peppol
Peppol ID 0208:0826295785
Also 9925:BE0826295785

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Keerbergen · 1 establishment unit since 2010
registered office establishment The establishment unit on the map
Ground area
3,397 m²
Building footprint
146 m²
Building volume
753 m³
Parcel 24472G0126/00G002, Flanders · tallest building 15.6 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
ASDO
Torteldreef 38, 3140 KeerbergenWholesale of electrical household appliances and audio-video equipment
since 2010unit no. 2.188.524.391
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
24472G0126/00G002 Flanders 3,397 m² 1 · 146 m² 15.6 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

Other provisionsOther rules from the articles that fall under none of the themes above.
1 more provision in the deed, see the deed of 20-04-2023

Read from the deeds: 1 provision, deed of 20-04-2023