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ASHKA

Active
Non-profit associationfounded 20233 yrs activeZandbeekstraat 51, 1180 Ukkel, BelgiumKBO/BCE: BE 0801.532.675
Summary

ASHKA has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€13,150) and a net result of -€13,150. The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
Axes
Profitability0
Solvency0
Growth-
Track record79
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.63; short-term debt: 158.1% and cash: 98.2% of total assets), and equity is negative.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-58.1%
Return on assets
-58.1%
Age of the figures
24 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 18-03-2025, 43 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
43 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2024 accounts 43 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ASHKA was incorporated on 8 May 2023 as a Non-profit association.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
-€13,150
Total assets
€22,615
Net result
-€13,150
Working capital
-€13,338

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €22,615
Fixed assets €188
Current assets €22,427
Key figures and ratios
2024 value
EBITDA
-€12,395
Cash flow
-€12,986
Solvency
-58.1%
Current ratio
0.63
Debt to equity
-2.72
ROA
-58.1%
Interest coverage
-20.99
Debt
€35,765
Debt ≤ 1 year
€35,765

Peer companies

Historical observation

Of the 7,657 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.2% went bankrupt
5.3% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,657 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 22 lines
Balance sheet Code2024
Assets
Total assets20/58€22,615
Fixed assets21/28€188
Intangible fixed assets21€188
Current assets29/58€22,427
Cash at bank and in hand54/58€22,202
Deferred charges and accrued income490/1€225
Equity and liabilities
Total equity and liabilities10/49€22,615
Equity10/15-€13,150
Profit (loss) carried forward14-€13,150
Amounts payable17/49€35,765
Amounts payable within one year42/48€35,765
Trade debts44€2,184
Suppliers440/4€2,184
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€164
Gross operating margin9900-€12,395
Operating profit (loss)9901-€12,559
Financial charges65/66B€591
Recurring financial charges65€591
Profit (loss) for the period before taxes9903-€13,150
Profit (loss) for the period9904-€13,150
Profit (loss) for the period to be appropriated9905-€13,150
Appropriation of the result
Profit (loss) to be appropriated9906-€13,150

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€164
Gross operating margin9900-€12,395
Operating profit (loss)9901-€12,559
Financial charges65/66B€591
Recurring financial charges65€591
Profit (loss) for the period before taxes9903-€13,150
Profit (loss) for the period9904-€13,150
Profit (loss) for the period to be appropriated9905-€13,150
Line2024
Assets
Total assets20/58€22,615
Fixed assets21/28€188
Intangible fixed assets21€188
Current assets29/58€22,427
Cash at bank and in hand54/58€22,202
Deferred charges and accrued income490/1€225
Equity and liabilities
Total equity and liabilities10/49€22,615
Equity10/15-€13,150
Profit (loss) carried forward14-€13,150
Amounts payable17/49€35,765
Amounts payable within one year42/48€35,765
Trade debts44€2,184
Suppliers440/4€2,184
Line2024
Profit (loss) for the period9904-€13,150
+ Depreciation and write-downs630€164
Operating cash flow (approximation)-€12,986

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

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Timeline · acts, filings and financial milestones

2025
18-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Ukkel · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
155 m²
Building footprint
71 m²
Volume, LiDAR
683 m³
Parcel 21616G0391/00S002, Brussels · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ASHKA
Zandbeekstraat 51, 1180 UkkelBook publishing
since 20232.381.742.552
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21616G0391/00S002 Brussels 155 m² 1 · 71 m² 11.9 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formNon-profit association
Founded08-05-2023
Fiscal year end30-09
Contact
E-mail hkalmenson@hotmail.comUkkel
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

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

Register as of 28 September 2026 · Peppol Directory

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