ASHTON
ActiveSummary
ASHTON has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21k and a net result of €22k. Equity is shrinking by ~23.7% per year across the filed fiscal years. Its solvency ranks better than 20% of 9494 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability56▲+6
Solvency42=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 2.69 against 2.13 in 2024; short-term debt: 31.8% and cash: 67.1% of total assets), but 82.5% of the assets are financed with debt.
Credit check 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 dateAge against the risk zone
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
17.5%
Return on assets
17.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 9494 sector peers (2025).
NBB · sector comparisonPosition among 9494 sector peers
Solvency
better than 20%
← weakest
strongest →
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 29-07-2026, 2 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
2 d early
2024
25 d late
2023
7 d late
2022
on the day
2021
30 d late
2020
23 d late
2019
24 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€21k▲ 3.0%
2024 · €20k
2019: €79k
2020: €149k▲ +87.9% vs 2019
2021: €208k▲ +39.3% vs 2020highest in 7 years
2022: €14k▼ -93.1% vs 2021lowest in 7 years
2023: €21k▲ +44.0% vs 2022
2024: €20k▼ -0.2% vs 2023
2025: €21k▲ +3.0% vs 2024
2019 → 2025
Total assets
€121k▲ 1.5%
2024 · €119k
2019: €111klowest in 7 years
2020: €224k▲ +101% vs 2019
2021: €266k▲ +19.0% vs 2020
2022: €354k▲ +32.9% vs 2021highest in 7 years
2023: €174k▼ -50.8% vs 2022
2024: €119k▼ -31.7% vs 2023
2025: €121k▲ +1.5% vs 2024
2019 → 2025
Net result
€22k▲ 15.9%
2024 · €19k
2019: €67k
2020: €70k▲ +4.2% vs 2019
2021: €60k▼ -13.8% vs 2020
2022: €82k▲ +36.4% vs 2021highest in 7 years
2023: €16k▼ -80.4% vs 2022lowest in 7 years
2024: €19k▲ +16.0% vs 2023
2025: €22k▲ +15.9% vs 2024
2019 → 2025
Working capital
€65k▲ 35.2%
2024 · €48k
2019: €69k
2020: €144k▲ +109% vs 2019
2021: €205k▲ +42.4% vs 2020highest in 7 years
2022: €-38k▼ -118% vs 2021lowest in 7 years
2023: €49k▲ +229% vs 2022
2024: €48k▼ -0.8% vs 2023
2025: €65k▲ +35.2% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€208k-€14k▼ 93.1%€21k▲ 44.0%€20k▼ 0.2%€21k▲ 3.0%
2021: €208khighest in 5 years
2022: €14k▼ -93.1% vs 2021lowest in 5 years
2023: €21k▲ +44.0% vs 2022
2024: €20k▼ -0.2% vs 2023
2025: €21k▲ +3.0% vs 2024
Operating result€77k-€106k▲ 37.1%€39k▼ 63.4%€87k▲ 124%€86k▼ 1.3%
2021: €77k
2022: €106k▲ +37.1% vs 2021highest in 5 years
2023: €39k▼ -63.4% vs 2022lowest in 5 years
2024: €87k▲ +124% vs 2023
2025: €86k▼ -1.3% vs 2024
Net result€60k-€82k▲ 36.4%€16k▼ 80.4%€19k▲ 16.0%€22k▲ 15.9%
2021: €60k
2022: €82k▲ +36.4% vs 2021highest in 5 years
2023: €16k▼ -80.4% vs 2022lowest in 5 years
2024: €19k▲ +16.0% vs 2023
2025: €22k▲ +15.9% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €121k
Fixed assets
€17k ▼ 39.0%
Current assets
€104k ▲ 14.1%
Equity and liabilities €121k
Equity
€21k ▲ 3.0%
Provisions
€61k ▲ 9.6%
Debt
€39k ▼ 9.6%
Debt's share of the balance-sheet total falls from 36.1% to 32.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€98k▼
2024 · €99k
Cash flow
€34k▲
2024 · €31k
Current ratio
2.69▲
2024 · 2.13
Debt to equity
1.84▼
2024 · 2.10
ROE
102.4%▲
2024 · 91.0%
ROA
17.9%▲
2024 · 15.7%
Interest coverage
1.76▲
2024 · 1.43
Debt ≤ 1 year
€38k▼
2024 · €43k
Income taxes
€9k▲
2024 · €-939
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€119k€121k▲
Fixed assets21/28€28k€17k▼
Tangible fixed assets22/27€28k€17k▼
Furniture and vehicles24€27k€17k▼
Other tangible fixed assets26€707€519▼
Current assets29/58€91k€104k▲
Amounts receivable within one year40/41€51k€22k▼
Trade receivables40€28k€525▼
Other amounts receivable41€23k€21k▼
Cash at bank and in hand54/58€38k€81k▲
Deferred charges and accrued income490/1€2k€760▼
Equity and liabilities
Total equity and liabilities10/49€119k€121k▲
Equity10/15€20k€21k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k▲
Distributable reserves133€2k€2k▲
Profit (loss) carried forward14€38€513▲
Provisions and deferred taxes16€56k€61k▲
Provisions for liabilities and charges160/5€56k€61k▲
Environmental obligations163€56k€61k▲
Amounts payable17/49€43k€39k▼
Amounts payable within one year42/48€43k€38k▼
Financial debts43€616€0▼
Credit institutions430/8€616€0▼
Trade debts44€10k€4k▼
Suppliers440/4€10k€4k▼
Taxes, remuneration and social security45€9k€17k▲
Taxes450/3€9k€17k▲
Other amounts payable47/48€23k€18k▼
Accrued charges and deferred income492/3€387€400▲
Income statement
Code20242025
Non-recurring operating income76A€3k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-13k€5k▲
Other operating charges640/8€2k€2k▼
Non-recurring operating charges66A€1k€74▼
Gross operating margin9900€90k€105k▲
Operating profit (loss)9901€87k€86k▼
Financial income75/76B€45€130▲
Recurring financial income75€45€130▲
Financial charges65/66B€69k€56k▼
Recurring financial charges65€69k€56k▼
Profit (loss) for the period before taxes9903€18k€30k▲
Income taxes67/77€-939€9k▲
Profit (loss) for the period9904€19k€22k▲
Profit (loss) for the period to be appropriated9905€19k€22k▲
Appropriation of the result
Profit (loss) to be appropriated9906€19k€22k▲
Profit (loss) brought forward from the previous period14P€80€38▼
Transfer from equity791/2-€2k
Transfer to equity691/2-€2k
To other reserves6921-€2k
Profit to be distributed694/7€19k€21k▲
Return on contributions (dividend)694€19k€21k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €50 | €3k | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €7k | €12k | €12k | €12k | ▲ 2.0% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | €68k | €-13k | €5k | ▲ 142% |
| Other operating charges640/8 | €2k | €4k | €1k | €2k | €2k | ▼ 10.0% |
| Non-recurring operating charges66A | - | - | - | €1k | €74 | ▼ 95.0% |
| Gross operating margin9900 | €83k | €117k | €120k | €90k | €105k | ▲ 17.2% |
| Operating profit (loss)9901 | €77k | €106k | €39k | €87k | €86k | ▼ 1.3% |
| Financial income75/76B | €0 | €26 | €7 | €45 | €130 | ▲ 190% |
| Recurring financial income75 | €0 | €26 | €7 | €45 | €130 | ▲ 190% |
| Financial charges65/66B | €169 | €139 | €191 | €69k | €56k | ▼ 19.5% |
| Recurring financial charges65 | €169 | €139 | €191 | €69k | €56k | ▼ 19.5% |
| Profit (loss) for the period before taxes9903 | €77k | €106k | €39k | €18k | €30k | ▲ 70.3% |
| Income taxes67/77 | €17k | €24k | €22k | €-939 | €9k | ▲ 1,011% |
| Profit (loss) for the period9904 | €60k | €82k | €16k | €19k | €22k | ▲ 15.9% |
| Profit (loss) for the period to be appropriated9905 | €60k | €82k | €16k | €19k | €22k | ▲ 15.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €266k | €354k | €174k | €119k | €121k | ▲ 1.5% |
| Fixed assets21/28 | €3k | €52k | €40k | €28k | €17k | ▼ 39.0% |
| Tangible fixed assets22/27 | €3k | €52k | €40k | €28k | €17k | ▼ 39.0% |
| Furniture and vehicles24 | €2k | €51k | €39k | €27k | €17k | ▼ 39.3% |
| Other tangible fixed assets26 | €1k | €1k | €896 | €707 | €519 | ▼ 26.7% |
| Current assets29/58 | €263k | €302k | €134k | €91k | €104k | ▲ 14.1% |
| Amounts receivable within one year40/41 | €150 | €28k | €37k | €51k | €22k | ▼ 57.2% |
| Trade receivables40 | €150 | €28k | €33k | €28k | €525 | ▼ 98.2% |
| Other amounts receivable41 | - | €52 | €4k | €23k | €21k | ▼ 5.6% |
| Cash at bank and in hand54/58 | €262k | €273k | €96k | €38k | €81k | ▲ 113% |
| Deferred charges and accrued income490/1 | €744 | €1k | €2k | €2k | €760 | ▼ 58.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €266k | €354k | €174k | €119k | €121k | ▲ 1.5% |
| Equity10/15 | €208k | €14k | €21k | €20k | €21k | ▲ 3.0% |
| Contributions10/11 | €12k | €12k | €19k | €19k | €19k | = |
| Reserves13 | €195k | €2k | €2k | €2k | €2k | ▲ 7.5% |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | €193k | €0 | €2k | €2k | €2k | ▲ 7.5% |
| Profit (loss) carried forward14 | €112 | €0 | €80 | €38 | €513 | ▲ 1,259% |
| Provisions and deferred taxes16 | - | - | €68k | €56k | €61k | ▲ 9.6% |
| Provisions for liabilities and charges160/5 | - | - | €68k | €56k | €61k | ▲ 9.6% |
| Environmental obligations163 | - | - | €68k | €56k | €61k | ▲ 9.6% |
| Amounts payable17/49 | €59k | €340k | €86k | €43k | €39k | ▼ 9.6% |
| Amounts payable within one year42/48 | €59k | €340k | €86k | €43k | €38k | ▼ 9.7% |
| Financial debts43 | €126 | €354 | €2k | €616 | €0 | ▼ 100% |
| Credit institutions430/8 | €126 | €354 | €2k | €616 | €0 | ▼ 100% |
| Trade debts44 | €3k | €10k | €10k | €10k | €4k | ▼ 60.6% |
| Suppliers440/4 | €3k | €10k | €10k | €10k | €4k | ▼ 60.6% |
| Taxes, remuneration and social security45 | €53k | €47k | €58k | €9k | €17k | ▲ 82.5% |
| Taxes450/3 | €45k | €36k | €58k | €9k | €17k | ▲ 82.5% |
| Remuneration and social security454/9 | €7k | €11k | €0 | - | - | - |
| Other amounts payable47/48 | €2k | €282k | €16k | €23k | €18k | ▼ 21.5% |
| Accrued charges and deferred income492/3 | €0 | - | - | €387 | €400 | ▲ 3.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €60k | €82k | €16k | €19k | €22k | ▲ 15.9% |
| + Depreciation and write-downs630 | €5k | €7k | €12k | €12k | €12k | ▲ 2.0% |
| Operating cash flow (approximation) | €65k | €89k | €28k | €31k | €34k | ▲ 10.5% |
| Investment in fixed assets (approximation) | - | €-56k | €0 | €0 | €-1k | - |
| Change in cash | - | €10k | €-177k | €-58k | €43k | ▲ 175% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
2023
31-12
Financial
Weakest financial yearnet €16k ▼80.4%
Net result drops to €16k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2019net €82k ▲36.4%
Operating result €106k, net result €82k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Equity above €200kEq €208k ▲39.3%
3 profitable years in a row build equity to €208k.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial
Equity above €100kEq €149k ▲87.9%
2 profitable years in a row build equity to €149k.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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-Lambrechts-Woluwe · 1 establishment unit since 2018
Ground area
958 m²
Building footprint
136 m²
Volume, LiDAR
1,113 m³
Parcel 21018B0206/00L002, Brussels · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
ASHTON
since 20182.280.431.396
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21018B0206/00L002 | Brussels | 958 m² | 1 · 135 m² | 12.3 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.
Recognitions · licences · registrations
Legal Entity Identifier
25490052LUORXL10JN06
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Of 11,546 companies in sector 71121 we hold annual accounts for 6,561. 4,044 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-10-2018
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
Scores and ratios are computed by Checked and are not a credit decision.