Asfales
ActiveAsfales has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.29M and a net result of €232k. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 90% of 7993 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+49
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 5.43 against 39.28 in 2024; short-term debt: 11.8% and cash: 13.3% of total assets), and 11.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
88.2%
Return on assets
15.8%
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-01-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
4 d early
2023
5 d late
2022
5 d early
2021
7 d early
2020
23 d late
2019
14 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.29M▲ 9.0%
2024 · €1.19M
2019: €973k
2020: €1.07M
2021: €897k
2022: €1.08M
2023: €1.19M
2024: €1.19M
2019 → 2025
Total assets
€1.47M▲ 21.8%
2024 · €1.21M
2019: €1.05M
2020: €1.15M
2021: €1.15M
2022: €1.18M
2023: €1.19M
2024: €1.21M
2019 → 2025
Net result
€232k▲ 10,932%
2024 · €2k
2019: €134k
2020: €101k
2021: €136k
2022: €265k
2023: €104k
2024: €2k
2019 → 2025
Working capital
€767k▲ 16.2%
2024 · €660k
2019: €456k
2020: €540k
2021: €369k
2022: €553k
2023: €647k
2024: €660k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€897k-€1.08M▲ 20.6%€1.19M▲ 9.6%€1.19M▲ 0.2%€1.29M▲ 9.0%
Operating result€36k-€23k▼ 35.4%€30k▲ 27.7%€6k▼ 81.3%€96k▲ 1,613%
Net result€136k-€265k▲ 95.3%€104k▼ 60.8%€2k▼ 98.0%€232k▲ 10,932%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1,613% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.47M
Fixed assets
€528k=
Current assets
€940k▲ 38.8%
Equity and liabilities €1.47M
Equity
€1.29M▲ 9.0%
Debt
€173k▲ 904%
The debt ratio rises from 1.4% to 11.8%. Equity and debt are higher.
Key figures and ratios
Solvency
88.2%▼
2024 · 98.6%
Current ratio
5.43▼
2024 · 39.28
Quick ratio
5.40▼
2024 · 38.96
Debt / equity
0.13▲
2024 · 0.01
ROE
17.9%▲
2024 · 0.2%
ROA
15.8%▲
2024 · 0.2%
Debt
€173k▲
2024 · €17k
Debt ≤ 1 year
€173k▲
2024 · €17k
Income taxes
€44k▲
2024 · €1k
Staff costs
€131k▲
2024 · €83k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.21M€1.47M▲
Fixed assets21/28€528k€528k=
Financial fixed assets28€528k€528k=
Current assets29/58€677k€940k▲
Stocks and contracts in progress3€6k€6k▲
Stocks30/36€6k€6k▲
Amounts receivable within one year40/41€207k€417k▲
Trade receivables40€67k€149k▲
Other amounts receivable41€140k€268k▲
Current investments50/53€425k€316k▼
Cash at bank and in hand54/58€35k€196k▲
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€1.21M€1.47M▲
Equity10/15€1.19M€1.29M▲
Contributions10/11€20k€20k=
Reserves13€1.17M€1.27M▲
Distributable reserves133€1.17M€1.27M▲
Amounts payable17/49€17k€173k▲
Amounts payable within one year42/48€17k€173k▲
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€14k€70k▲
Taxes450/3€3k€53k▲
Remuneration and social security454/9€11k€17k▲
Other amounts payable47/48-€100k
Income statement
Code20242025
Remuneration, social security and pensions62€83k€131k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€231-
Other operating charges640/8€2k€2k▲
Gross operating margin9900€91k€228k▲
Operating profit (loss)9901€6k€96k▲
Financial income75/76B€3k€184k▲
Recurring financial income75€3k€184k▲
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€3k€276k▲
Income taxes67/77€1k€44k▲
Profit (loss) for the period9904€2k€232k▲
Profit (loss) for the period to be appropriated9905€2k€232k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€232k▲
Transfer from equity791/2-€121k
Transfer to equity691/2€2k€228k▲
To other reserves6921€2k€228k▲
Profit to be distributed694/7-€125k
Return on contributions (dividend)694-€121k
Employees696-€4k
Social balance
Average headcount (FTE)90871.52.0▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
27-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Weakest financial yearnet €2k ▼98%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
05-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 5 days late
2023
30-06
Financial
Liquidity times 15current ratio 103.78
Current ratio from 6.88 to 103.78; short-term debt falls from €94k to €6k.
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Highest result since 2019net €265k ▲95.3%
Net result €265k, the highest in the series.
30-06
Financial
Liquidity triplescurrent ratio 6.88
Current ratio from 2.46 to 6.88; short-term debt falls from €252k to €94k.
30-06
Financial
Equity above €1MEq €1.08M ▲20.6%
4 profitable years in a row build equity to €1.08M.
24-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
23-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 23 days late
2020
30-06
Financial
Equity above €1MEq €1.07M ▲9.8%
2 profitable years in a row build equity to €1.07M.
14-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 14 days late
2019
02-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 23 days late
2017
04-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Mol · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Oude Molenstraat 432400 MolGround area
468 m²
Building footprint
130 m²
Volume, LiDAR
640 m³
Parcel 13433E0205/00Y002, Flanders · tallest building 9.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Asfales
since 20102.191.349.467
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13433E0205/00Y002 | Flanders | 468 m² | 1 · 130 m² | 9.9 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 108 EUR awarded · 108 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 108 EUR | 108 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 2,124 companies in sector 46500 we hold annual accounts for 1,404. 822 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-09-2010
Fiscal year end30-06
Activities, NACEBEL
46431Wholesale of electrical household appliances and audio-video equipment
46500Wholesale of information and communication equipment
46520Wholesale trade
46643Wholesale of electrical equipment, including installation materials
47540Retail sale of electrical household appliances
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.