ASG FACADE
BankruptcyThe KBO register records for ASG FACADE the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2025 annual accounts show negative equity (€-11k) and a net result of €9k.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 7376 sector peers (2025).
NBB · sector comparisonPosition among 7376 sector peers
Solvency
better than 7%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 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 · 5 filingsDeviation from the deadline
2025
11 d late
2024
26 d late
2023
35 d early
2022
59 d early
2021
23 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-11k▲ 45.0%
2024 · €-20k
2021: €6k
2022: €5k
2023: €6k
2024: €-20k
2021 → 2025
Total assets
€36k▼ 10.0%
2024 · €40k
2021: €20k
2022: €60k
2023: €56k
2024: €40k
2021 → 2025
Net result
€9k
2024 · €-27k
2021: €4k
2022: €-1k
2023: €1k
2024: €-27k
2021 → 2025
Working capital
€-5k▲ 68.9%
2024 · €-16k
2021: €-1k
2022: €-8k
2023: €-5k
2024: €-16k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€6k-€5k▼ 18.6%€6k▲ 23.9%€-20k€-11k▲ 45.0%
Operating result€5k-€-18€3k€-25k€10k
Net result€4k-€-1k€1k€-27k€9k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €10k after a loss of €25k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €36k
Fixed assets
€10k▼ 44.2%
Current assets
€26k▲ 16.4%
Key figures and ratios
EBITDA
€18k▲
2024 · €-14k
Cash flow
€17k▲
2024 · €-16k
Solvency
-31.4%▲
2024 · -51.3%
Current ratio
0.84▲
2024 · 0.58
Quick ratio
0.74▲
2024 · 0.50
Debt / equity
-4.19▼
2024 · -2.95
ROA
25.6%▲
2024 · -66.9%
Interest coverage
18.36▲
2024 · -9.71
Debt
€47k▼
2024 · €60k
Debt ≤ 1 year
€31k▼
2024 · €39k
Debt > 1 year
€16k▼
2024 · €22k
Staff costs
€5k▼
2024 · €22k
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€40k€36k▼
Fixed assets21/28€17k€10k▼
Tangible fixed assets22/27€17k€10k▼
Furniture and vehicles24€17k€10k▼
Current assets29/58€22k€26k▲
Stocks and contracts in progress3€3k€3k=
Stocks30/36€3k€3k=
Amounts receivable within one year40/41€13k€18k▲
Trade receivables40€9k€5k▼
Other amounts receivable41€4k€14k▲
Cash at bank and in hand54/58€5k€5k▼
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€40k€36k▼
Equity10/15€-20k€-11k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€-22k€-13k▲
Amounts payable17/49€60k€47k▼
Amounts payable after more than one year17€22k€16k▼
Financial debts170/4€22k€16k▼
Amounts payable within one year42/48€39k€31k▼
Current portion of amounts payable after more than one year42€9k€6k▼
Trade debts44€13k€2k▼
Suppliers440/4€13k€2k▼
Taxes, remuneration and social security45€17k€21k▲
Taxes450/3€754€1k▲
Remuneration and social security454/9€16k€19k▲
Other amounts payable47/48€404€2k▲
Income statement
Code20242025
Remuneration, social security and pensions62€22k€5k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€8k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€11k€26k▲
Operating profit (loss)9901€-25k€10k▲
Financial income75/76B€3€8▲
Recurring financial income75€3€8▲
Financial charges65/66B€1k€970▼
Recurring financial charges65€1k€970▼
Profit (loss) for the period before taxes9903€-27k€9k▲
Profit (loss) for the period9904€-27k€9k▲
Profit (loss) for the period to be appropriated9905€-27k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-22k€-13k▲
Profit (loss) brought forward from the previous period14P€4k€-22k▼
The notes to these accounts (5 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
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Weakest financial yearnet €-27k ▼2321%
Net result drops to €-27k, the lowest in the series.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Sint-Pieters-Leeuw · 1 establishment unit since 2021
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.
Bergensesteenweg 4211600 Sint-Pieters-LeeuwGround area
8,730 m²
Building footprint
1,420 m²
2 parcels, Flanders, Wallonia. Linked by address, not a title deed.
1 establishment unit
ASG FACADE
since 20212.317.691.670
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23582E0505/00E000 | Flanders | 8,312 m² | 1 · 1,330 m² | - |
| 62113A0680/00E000 | Wallonia | 419 m² | 1 · 90 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,810 companies in sector 41001 we hold annual accounts for 16,041. 7,362 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-05-2021
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41003General construction of other non-residential buildings
43990Other specialised construction activities
43992Specialised construction activities
43999Specialised construction activities
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.