Turnover
≈ €99,000 estimated
The micro format states no turnover.
ASEC TEAM
Lifetime
19 annual accounts with figures on one time axis, 28 filings since 1997peak €57,638 (2022)
€17,419▼ 61.6%
lowest -€16,733 (2023)
-€5,310▼ €21,321
peak €20,741 (2022)
€14,709▼ 26.5%
€71,979▼ 19.7%
peak 0.3 FTE (2007)
-not published
Board1 name since 2021
1 directorDEGRÈVE Stefan
Documentsfilings and deeds
11-03-202650 days before the deadline
2025micro format
Gross margin from €45,332 to €17,419Loss of €5,310Equity from €20,018 to €14,709Debts from €89,643 to €71,979
Key points
from the 2025 annual accountsChecked score
87
Excellent
Financially stronger than 26% of micro companies in creative and performing arts (NACE 90)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 3,433 companies (NACE 90, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024highest value
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.1%▼ -0.1 percentage points vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged 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%● unchanged 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 02-2026lowest value
04-2026: 0.2%▲ +0.1 percentage points vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Loss of €5,310 (financial year 2025)
lowers risk
Sector: Arts creation and performing arts activities (NACE 90)
Size: total assets €86,688
Liquidity: current ratio 0.44, cash €17,691
Calculation
The band follows from the bankruptcy probability. 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 90, micro). It does better than 28% of them on solvency, 18% on liquidity, 38% on profitability and 21% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,450 companies had the same profile as ASEC TEAM has now. Each dot stands for 7 companies, two years later.
93.2%
were still trading
5.0%
stopped another way
1.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ASEC TEAM itself is lower: 0.2% within 12 months. It rests on far more data about ASEC TEAM than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,450 companies, not a prediction for ASEC TEAM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.44 (0.34 in 2024), below 1. Short-term debt is 81.3% and cash 20.4% of total assets. 83% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 11-03-2026, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 days early
2024
48 days early
2023
on the day
2022
5 days early
2021
5 days early
2020
3 days early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 16 days before the deadline. In the sector (NACE 90), the median for financial year 2024 was 3 days before the deadline, and 38% 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 25 April (4 of the last 5 accounts filed within 43 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end09-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0458633618
Change of role: DEGRÈVE Stefan, from statutory manager to director
“In bezit gesteld en kennis genomen; Verzaken aan formaliteiten en termijnen toezending/raadpleging WVV…” (deed in Dutch) · Director discharge: DEGRÈVE Stefan · General meeting of 08-11-2023 · Gazette deed
First establishment
Verkensmeerstraat 4, Ternat
Incorporation
published on 23-08-1996 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ASEC TEAM Ternat | €86,688 | €17,419 | 17.0% | - |
| Joyfactory Nijlen | €102,706 | €11,134 | 59.9% | - |
| UBU Evere | €83,681 | €26,905 | 18.7% | - |
| FOEMP Berlare | €101,592 | €24,677 | 65.2% | - |
| CANNELLE CASTING Forest | €86,385 | €9,602 | 96.1% | - |
| Afrika Filmfestival Leuven | €45,474 | €11,858 | 96.9% | - |
| BPT Group Sint-Pieters-Leeuw | €141,535 | €43,837 | 50.8% | - |
These companies have the same main activity as ASEC TEAM: promotion and organisation of arts and performing arts events (NACE 90391). They are comparable in size and age: total assets between €45,500 and €142,000, founded between 1990 and 1999.
Official details
Source: KBO- Status
- Active since 12-08-1996Normal situation
- Activity
- Promotion and organisation of arts and performing arts eventsNACE 90391and 3 others
- Establishment unit
- 2.077.989.9231740 Ternat, since 30-08-1996
- Financial year end
- 30 September
- Peppol
- Reachable since 19-11-2025
Annual accounts to 30-09-2025
- €86,688▼ 20.9%
- Filing
- Filed on 11-03-2026, 50 days before the end of the filing period
Insights on ASEC TEAM
ASEC TEAM files the micro format. That format states no turnover. The gross margin fell from €22,208 in 2007 to €17,419 in 2025.
The balance sheet grew most from 2019 to 2021 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ASEC TEAM
- What is the company number of ASEC TEAM?
- The company number of ASEC TEAM is 0458.633.618. The VAT number is the same number with BE in front: BE 0458.633.618.
- Where is ASEC TEAM based?
- The registered office is at Verkensmeerstraat 4, 1740 Ternat.Company details
- What does ASEC TEAM do?
- According to the KBO register, the main activity is promotion and organisation of arts and performing arts events (NACE 90391).
- What is the legal form of ASEC TEAM?
- ASEC TEAM is a private limited company (BV).
- When was ASEC TEAM founded?
- ASEC TEAM was founded on 12-08-1996.
- Is ASEC TEAM still active?
- Yes, ASEC TEAM is an active enterprise in the KBO register.
- How many employees does ASEC TEAM have?
- ASEC TEAM had an average of 0.1 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- What is the turnover of ASEC TEAM?
- The turnover in financial year 2025 is ≈ €99,000. This figure is estimated from the gross margin of €17,419 and 32 comparable companies (NACE 90391). It probably lies between €47,000 and €200,000. It is a rough estimate.
- Is ASEC TEAM profitable?
- In financial year 2025, ASEC TEAM made a loss of €5,310.
- Where can I find the annual accounts of ASEC TEAM?
- ASEC TEAM filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ASEC TEAM due?
- ASEC TEAM must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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