ASIF & C°
ActiveThe computed 12-month bankruptcy probability of ASIF & C° is 2.0% (moderate). The 2025 annual accounts show equity of €46k and a net result of €5k. Equity is growing by ~22.5% per year across the filed fiscal years. Its solvency ranks better than 37% of 3616 sector peers (fiscal year 2025). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability57▼-43
Solvency22▲+4
Growth78=
Stability100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity short (current ratio 0.97 against 1.02 in 2024), and 83.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
16.8%
Return on assets
1.9%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
106 d late
2023
247 d late
2022
113 d late
2021
152 d late
2020
65 d late
2019
97 d late
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€46k▲ 12.9%
2024 · €40k
2018: €-8k
2019: €-2k
2020: €5k
2021: €-87k
2022: €-131k
2023: €25k
2024: €40k
2018 → 2025
Total assets
€272k▼ 40.5%
2024 · €457k
2018: €111k
2019: €157k
2020: €207k
2021: €371k
2022: €342k
2023: €404k
2024: €457k
2018 → 2025
Net result
€5k▼ 66.2%
2024 · €15k
2018: €-14k
2019: €6k
2020: €7k
2021: €-92k
2022: €-44k
2023: €183k
2024: €15k
2018 → 2025
Working capital
€-7k
2024 · €10k
2018: €8k
2019: €-3k
2020: €358
2021: €11k
2022: €-137k
2023: €-7k
2024: €10k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-87k-€-131k▼ 50.3%€25k€40k▲ 61.6%€46k▲ 12.9%
Operating result€-89k-€-40k▲ 54.9%€230k€44k▼ 80.8%€12k▼ 72.3%
Net result€-92k-€-44k▲ 52.3%€183k€15k▼ 91.6%€5k▼ 66.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 72% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €272k
Fixed assets
€58k▲ 78.7%
Current assets
€214k▼ 49.6%
Equity and liabilities €272k
Equity
€46k▲ 12.9%
Debt
€226k▼ 45.7%
The debt ratio falls from 91.2% to 83.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€26k▼
2024 · €55k
Cash flow
€19k▼
2024 · €26k
Solvency
16.8%▲
2024 · 8.8%
Current ratio
0.97▼
2024 · 1.02
Quick ratio
0.56▼
2024 · 0.80
Debt / equity
4.96▼
2024 · 10.31
ROE
11.4%▼
2024 · 38.1%
ROA
1.9%▼
2024 · 3.4%
Interest coverage
2.70▼
2024 · 4.30
Debt
€226k▼
2024 · €417k
Debt ≤ 1 year
€221k▼
2024 · €415k
Income taxes
€845▼
2024 · €16k
Staff costs
€5k▼
2024 · €12k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€457k€272k▼
Fixed assets21/28€32k€58k▲
Intangible fixed assets21€562-
Tangible fixed assets22/27€28k€54k▲
Plant, machinery and equipment23€2k€3k▲
Furniture and vehicles24€22k€21k▼
Other tangible fixed assets26€4k€31k▲
Financial fixed assets28€4k€4k=
Current assets29/58€425k€214k▼
Stocks and contracts in progress3€91k€91k=
Stocks30/36€91k€91k=
Amounts receivable within one year40/41€176k€6k▼
Trade receivables40€169k-
Other amounts receivable41€7k€6k▼
Cash at bank and in hand54/58€146k€117k▼
Deferred charges and accrued income490/1€11k-
Equity and liabilities
Total equity and liabilities10/49€457k€272k▼
Equity10/15€40k€46k▲
Contributions10/11€19k€19k=
Capital10€19k-
Issued capital100€19k-
Reserves13€1k€7k▲
Non-distributable reserves130/1€1k€1k=
Legal reserve130€1k-
Reserves not available under the articles1311-€1k
Distributable reserves133-€5k
Profit (loss) carried forward14€20k€20k=
Amounts payable17/49€417k€226k▼
Amounts payable within one year42/48€415k€221k▼
Current portion of amounts payable after more than one year42€8k€3k▼
Trade debts44€87k€90k▲
Suppliers440/4€87k€90k▲
Advances received on contracts in progress46€36k-
Taxes, remuneration and social security45€65k€845▼
Taxes450/3€61k€845▼
Remuneration and social security454/9€5k-
Other amounts payable47/48€218k€126k▼
Accrued charges and deferred income492/3€2k€6k▲
Income statement
Code20242025
Remuneration, social security and pensions62€12k€5k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€14k▲
Other operating charges640/8€8k€19k▲
Non-recurring operating charges66A-€562
Gross operating margin9900€75k€50k▼
Operating profit (loss)9901€44k€12k▼
Financial income75/76B€0€4k▲
Recurring financial income75€0€4k▲
Financial charges65/66B€13k€10k▼
Recurring financial charges65€13k€10k▼
Profit (loss) for the period before taxes9903€31k€6k▼
Income taxes67/77€16k€845▼
Profit (loss) for the period9904€15k€5k▼
Profit (loss) for the period to be appropriated9905€15k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€26k▲
Profit (loss) brought forward from the previous period14P€5k€20k▲
Transfer to equity691/2-€5k
To other reserves6921-€5k
Social balance
Average headcount (FTE)9087-0.1
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
14-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 106 days late
04-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 247 days late
2023
31-12
Financial
Back to profitnet €183k
Net result €183k after 2 loss-making years.
21-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 113 days late
2022
30-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 152 days late
2021
31-12
Financial
Weakest financial yearnet €-92k ▼1408%
Net result drops to €-92k, the lowest in the series; recovery starts the following year.
04-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 65 days late
2020
05-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 97 days late
2019
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Antwerpen · 3 establishment units since 2006
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.
Van Geertstraat 22018 AntwerpenGround area
227 m²
Building footprint
181 m²
Volume, LiDAR
1,986 m³
3 parcels, Flanders · tallest building 15.7 m, ±5 floors. Linked by address, not a title deed.
3 establishment units
Asif & C°
since 20062.152.355.269
Asif & C°
since 20092.177.704.537
ASIF &CO
since 20102.192.782.691
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11422C0181/00F002 | Flanders | 92 m² | 1 · 47 m² | 12.4 m · 3 fl. |
| 11344A0557/00M027 | Flanders | 86 m² | 1 · 86 m² | 10.8 m · 3 fl. |
| 11808H1075/00C000 | Flanders | 49 m² | 1 · 47 m² | 15.7 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 16,560 EUR awarded · 16,560 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 16,560 EUR | 16,560 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
3 sitesAntwerpen2.152.355.269
Antwerpen2.177.704.537
Antwerpen2.192.782.691
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M.A.F.T.
BE 0553.751.224
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UNION FOOD
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Of 21,621 companies in sector 56112 we hold annual accounts for 9,654. 8,311 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded13-12-2005
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
52116
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesPhone:0484/104046
Phone:03/667.32.94