ASIA EXPRESS
ActiveSummary
The computed 12-month bankruptcy probability of ASIA EXPRESS is 2.2% (moderate). The 2024 annual accounts show equity of €154,719 and a net result of €51,151. Its solvency ranks better than 91% of 26043 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 2 accounts on average 57 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 39,278 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.
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Turnover70 | - | €924,441 | - |
| Goods, raw materials, services and sundry goods60/61 | - | €822,408 | - |
| Remuneration, social security and pensions62 | €1,905 | €14,588 | ▲ 666% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,586 | €22,744 | ▲ 137% |
| Other operating charges640/8 | €1,076 | €7,119 | ▲ 562% |
| Gross operating margin9900 | €24,626 | €102,033 | ▲ 314% |
| Operating profit (loss)9901 | €12,059 | €57,583 | ▲ 378% |
| Financial charges65/66B | €2,491 | €5,136 | ▲ 106% |
| Recurring financial charges65 | €2,491 | €5,136 | ▲ 106% |
| Profit (loss) for the period before taxes9903 | €9,568 | €52,447 | ▲ 448% |
| Income taxes67/77 | - | €1,296 | - |
| Profit (loss) for the period9904 | €9,568 | €51,151 | ▲ 435% |
| Profit (loss) for the period to be appropriated9905 | €9,568 | €51,151 | ▲ 435% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €322,748 | €183,183 | ▼ 43.2% |
| Fixed assets21/28 | €134,611 | €126,088 | ▼ 6.3% |
| Tangible fixed assets22/27 | €91,411 | €82,888 | ▼ 9.3% |
| Plant, machinery and equipment23 | €48,759 | €38,598 | ▼ 20.8% |
| Furniture and vehicles24 | €5,011 | €3,834 | ▼ 23.5% |
| Other tangible fixed assets26 | €37,641 | €40,456 | ▲ 7.5% |
| Financial fixed assets28 | €43,200 | €43,200 | = |
| Current assets29/58 | €188,137 | €57,095 | ▼ 69.7% |
| Stocks and contracts in progress3 | €30,009 | €35,694 | ▲ 18.9% |
| Stocks30/36 | €30,009 | €35,694 | ▲ 18.9% |
| Amounts receivable within one year40/41 | €154,747 | - | - |
| Trade receivables40 | €154,747 | - | - |
| Cash at bank and in hand54/58 | €2,189 | €20,208 | ▲ 823% |
| Deferred charges and accrued income490/1 | €1,193 | €1,193 | = |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €322,748 | €183,183 | ▼ 43.2% |
| Equity10/15 | €129,568 | €154,719 | ▲ 19.4% |
| Contributions10/11 | €120,000 | €120,000 | = |
| Profit (loss) carried forward14 | €9,568 | €34,719 | ▲ 263% |
| Amounts payable17/49 | €193,180 | €28,464 | ▼ 85.3% |
| Amounts payable within one year42/48 | €185,030 | €28,464 | ▼ 84.6% |
| Trade debts44 | €111,177 | €12,488 | ▼ 88.8% |
| Suppliers440/4 | €111,177 | €12,488 | ▼ 88.8% |
| Taxes, remuneration and social security45 | €13,469 | €13,377 | ▼ 0.7% |
| Taxes450/3 | €5,363 | €11,267 | ▲ 110% |
| Remuneration and social security454/9 | €8,106 | €2,110 | ▼ 74.0% |
| Other amounts payable47/48 | €60,384 | €2,598 | ▼ 95.7% |
| Accrued charges and deferred income492/3 | €8,150 | - | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €9,568 | €51,151 | ▲ 435% |
| + Depreciation and write-downs630 | €9,586 | €22,744 | ▲ 137% |
| Operating cash flow (approximation) | €19,154 | €73,895 | ▲ 286% |
| Investment in fixed assets (approximation) | - | -€14,221 | - |
| Change in cash | - | €18,020 | - |
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
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.
Directors · office · real estate
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.
Boulevard Rolin (Henri) 31410 Waterloo1 establishment unit
Recognitions · licences · registrations
Food safety, FASFC
1 siteSimilar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.