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ASHG Hasselt Express

Active
Private limited companyfounded 2017active for 8 yearsThonissenlaan 37, 3500 Hasselt, BelgiumKBO/BCE: BE 0684.579.181
Summary

ASHG Hasselt Express has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €695,802 and a net result of -€151,960. Equity is shrinking by about 2.8% per year across the filed financial years. Its solvency ranks better than 32% of 510 sector peers (NACE 55, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

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ASHG Hasselt ExpressActiveChecked score 66/100
Risk analysis ReportCompare

Overview

Activity
Hotels and similar accommodation
NACE 55100
7th largest company by total assets in Hasselt, Accommodation and food service sector1 site
Size
€2.3mturnover 2025
Staff
15 FTE
Equity
€695,802
Loss
-€151,960
Financial health
66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Structure
Parent
ASHG Belgium · 100%
Holdings
1
Auditor: BDO Bedrijfsrevisoren2025 accounts 53 days early5 of 11 deeds summarised
Why 66raises riskEquity €695,802 (13.0% of total assets)Liquidity: current ratio 8.58, cash €136,107, halvedLoss of €151,960, the second in a row (financial year 2025)Size: turnover €2.3m, 15 FTE, total assets €5.3mShow the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 36% of its sector peers (NACE 55, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 38-4
equity 13.0% of total assets
Liquidity 53-12
short-term debt 6.5% · cash 2.5%
Profitability 28-22
return on assets -2.8%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (579 companies, NACE 55, small)
Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 1.0%▲ +0.1 percentage points vs 02-2025 04-2025: 1.1%▲ +0.1 percentage points vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.2%▲ +0.1 percentage points vs 05-2025highest value 07-2025: 0.4%▼ -0.8 percentage points vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.3%▼ -0.1 percentage points vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026lowest value 03-2026: 0.3%● unchanged vs 02-2026lowest value 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.4%▲ +0.1 percentage points vs 05-2026 07-2026: 1.0%▲ +0.6 percentage points vs 06-2026 08-2026: 1.0%● unchanged vs 07-2026 09-2026: 1.0%● unchanged vs 08-2026 10-2026: 1.0%● unchanged vs 09-2026
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity ample (current ratio 8.58, compared with 5.67 in 2024, above the usual 1.5; short-term debt: 6.5% and cash: 2.5% of total assets), but 87% 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 55, small): better than 34% on solvency, 68% on liquidity, 25% on profitability and 18% on growth.

The bankruptcy probability was computed on 26-10-2026 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

Six signals.
raises riskneutral
raises risk · Equity €695,802 (13.0% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 8.58, cash €136,107, halved
NBB · annual accounts
raises risk · Loss of €151,960, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Size: turnover €2.3m, 15 FTE, total assets €5.3m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€151,960
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
53 days early
2024
37 days early
2023
14 days early
2022
48 days early
2021
37 days early
2020
54 days early
2019
53 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 42 days before the deadline; the sector median (NACE 55) for financial year 2024 is 1 day before the deadline, and 45% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Reappointment: BDO Bedrijfsrevisoren (statutory auditor)Permanent representative: Evy Bory
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Caution: Result fell in 2025from -€32,129 to -€151,960 ▼ 373% View
  • Positive: 7th largest company by total assets in Hasselt, Accommodation and food service…in the Checked rankings No. 7 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Controlled by ASHG Belgiumultimately: ASHG Belgium S.a.r.l. 100% View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€151,960 View

By topic

Financials

Financial year
2025
Turnover
€2.3m
Loss
-€151,960
Solvency
13.0%
Turnover▼ 8.5%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Parent
ASHG Belgium · 100%
Auditor
BDO Bedrijfsrevisoren
  • André GuettoucheDirector
  • Steven LewerenzDirector
Go to Board & ownership

Timeline

Events
18
Since
2019
Next accounts
by 31-07-2027
  1. 30-01-2025Name
  2. 31-12-2024Liquidity more than 6 times
  3. 10-12-2024Amendment of the articles · Name
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Hotels and similar accommodationNACE 55100
Founded
10-11-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about ASHG Hasselt Express

What is the company number of ASHG Hasselt Express?
0684.579.181. In Belgium the VAT number is the company number with BE in front: BE 0684.579.181.
Where is ASHG Hasselt Express based?
The registered office is at Thonissenlaan 37, 3500 Hasselt.Company details
What does ASHG Hasselt Express do?
According to the KBO register, the main activity is hotels and similar accommodation (NACE 55100).
What is the legal form of ASHG Hasselt Express?
Private limited company (BV).
When was ASHG Hasselt Express founded?
On 10-11-2017.
Is ASHG Hasselt Express still active?
Yes, ASHG Hasselt Express is an active enterprise in the KBO register.
How many employees does ASHG Hasselt Express have?
On average 15 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of ASHG Hasselt Express?
€2.3m in financial year 2025, according to the filed annual accounts.
Is ASHG Hasselt Express profitable?
In financial year 2025, ASHG Hasselt Express made a loss of €151,960.
Where can I find the annual accounts of ASHG Hasselt Express?
ASHG Hasselt Express filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ASHG Hasselt Express due?
By 31-07-2027, for financial year 2026.Timeline

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