ASI GROUPS

Active

Private limited companyfounded 20187 yrs activeAssesteenweg 25, 1740 Ternat, BelgiumKBO/BCE: BE 0712.916.346

The computed 12-month bankruptcy probability of ASI GROUPS is 3.8% (moderate). The 2024 annual accounts show negative equity (€-5k) and a net result of €10k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 6717 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

45 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability73▲+73

Solvency23▲+18

Growth32=

Track record100

Bankruptcy probability, 12 months

3.8% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.78 against 0.5 in 2023; short-term debt: 74.2% and cash: 25.1% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 49

Relative position

BE, all sectors

reference

Sector 49

higher

← fewer bankruptcies more bankruptcies →

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

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

-2%

Return on assets

3.8%

Age of the figures

24 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 6717 sector peers (2024).

NBB · sector comparison

Position among 6717 sector peers

Solvency

better than 15%

← weakest strongest →

Annual accounts not filed

The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 145 days later.

NBB · 5 filings

Position against the passed deadline

30-09-2025 close30-04-2026 deadline22-09-2026 today

Filed more than 90 days late

The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 26-06-2026, 422 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 5 filings

Deviation from the deadline

2025

not filed

2024

422 d late

2023

47 d early

2022

164 d early

2021

43 d early

2020

171 d early

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Equity

€-5k▲ 65.3%

2023 · €-16k

2020: €21k 2021: €1k 2022: €13k 2023: €-16k

2020 → 2024

Total assets

€269k▲ 245%

2023 · €78k

2020: €39k 2021: €35k 2022: €38k 2023: €78k

2020 → 2024

Net result

€10k

2023 · €-29k

2020: €10k 2021: €-19k 2022: €12k 2023: €-29k

2020 → 2024

Working capital

€-44k▼ 71.9%

2023 · €-26k

2020: €21k 2021: €18k 2022: €16k 2023: €-26k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€21k-€1k▼ 94.6%€13k▲ 1,065%€-16k€-5k▲ 65.3%

Operating result€13k-€-19k€13k€-23k€15k

Net result€10k-€-19k€12k€-29k€10k

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 2024: €15k after a loss of €23k in 2023, the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €269k

42.2%

57.8%

Fixed assets €114k▲ 115%

Current assets €155k▲ 516%

Key figures and ratios

2024 value · change against 2023

EBITDA

€47k▲

2023 · €-11k

Cash flow

€42k▲

2023 · €-17k

Solvency

-2.0%▲

2023 · -20.0%

Current ratio

0.78▲

2023 · 0.50

Quick ratio

0.78▲

2023 · 0.50

Debt / equity

-50.77▼

2023 · -6.01

ROA

3.8%▲

2023 · -36.6%

Interest coverage

39.34▲

2023 · -2.05

Debt

€274k▲

2023 · €93k

Debt ≤ 1 year

€199k▲

2023 · €51k

Debt > 1 year

€75k▲

2023 · €43k

Income taxes

€4k

Staff costs

€140k▲

2023 · €54k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€78k€269k▲

Fixed assets21/28€53k€114k▲

Tangible fixed assets22/27€48k€103k▲

Leasing and similar rights25€48k€103k▲

Financial fixed assets28€5k€11k▲

Current assets29/58€25k€155k▲

Amounts receivable within one year40/41€24k€84k▲

Trade receivables40€22k€64k▲

Other amounts receivable41€1k€20k▲

Cash at bank and in hand54/58€42€67k▲

Deferred charges and accrued income490/1€2k€4k▲

Equity and liabilities

Total equity and liabilities10/49€78k€269k▲

Equity10/15€-16k€-5k▲

Contributions10/11€10k€10k=

Profit (loss) carried forward14€-26k€-16k▲

Amounts payable17/49€93k€274k▲

Amounts payable after more than one year17€43k€75k▲

Financial debts170/4€43k€75k▲

Amounts payable within one year42/48€51k€199k▲

Current portion of amounts payable after more than one year42€16k€32k▲

Trade debts44€22k€109k▲

Suppliers440/4€22k€109k▲

Taxes, remuneration and social security45€13k€59k▲

Taxes450/3€10k€46k▲

Remuneration and social security454/9€3k€12k▲

Income statement Code20232024

Remuneration, social security and pensions62€54k€140k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€32k▲

Other operating charges640/8€7k€5k▼

Gross operating margin9900€50k€193k▲

Operating profit (loss)9901€-23k€15k▲

Financial income75/76B€213-

Recurring financial income75€213-

Financial charges65/66B€6k€1k▼

Recurring financial charges65€6k€1k▼

Profit (loss) for the period before taxes9903€-29k€14k▲

Income taxes67/77-€4k

Profit (loss) for the period9904€-29k€10k▲

Profit (loss) for the period to be appropriated9905€-29k€10k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-26k€-16k▲

Profit (loss) brought forward from the previous period14P€3k€-26k▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 8Financial 3Filings 5

2026

26-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 422 days late

2024

30-09

Financial Back to profitnet €10k

Net result €10k after one loss-making year.

14-03

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

30-09

Financial Weakest financial yearnet €-29k ▼341%

Net result drops to €-29k, the lowest in the series; recovery starts the following year.

2022

17-11

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

30-09

Financial Back to profitnet €12k

Net result €12k after one loss-making year.

18-03

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2020

10-11

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

4 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, Ternat · 1 establishment unit since 2018

establishment The establishment unit on the map

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.

Assesteenweg 251740 Ternat

Ground area

5,707 m²

Building footprint

2,662 m²

Volume, LiDAR

18,712 m³

Parcel 23086B0323/00Z000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

ASI GROUPS

Assesteenweg 25, 1740 TernatFreight transport by road

since 20182.347.981.406

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23086B0323/00Z000	Flanders	5,707 m²	1 · 2,662 m²	8.7 m · 2 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.

Recognitions · licences · registrations

Parcel delivery

Notified to the BIPT

since 17-05-2024

Similar companies · same sector, comparable size

Of 12,606 companies in sector 49410 we hold annual accounts for 8,199. 4,307 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded07-11-2018

Fiscal year end30-09

Activities, NACEBEL

49410Freight transport by road

53200Other postal and courier activities

41001General construction of residential buildings

41003General construction of other non-residential buildings

43350Other building finishing work

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.