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ASIT

Active
Private limited companyfounded 1989active for 37 yearsStruikenbos(NEE) 8, 3040 Huldenberg, BelgiumKBO/BCE: BE 0437.469.604
Summary

ASIT has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18,294 and a net result of -€7,723. Equity is shrinking by about 26% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 11% of 10,777 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, abbreviated format

Turnover
≈ €270,000
Estimated: probably between €220,000 and €350,000
Total assets
€496,534▼ 33.7%
2024 · €749,417
Net result
-€7,723
2024 · €5,051
Working capital
-€169,239▲ 30.0%
2024 · -€241,710
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result recovers in 2025; 2025 is 184% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.01m 2025 Net result-€0.008m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result-€0.1m--€0.05m▲ 63.6%-€0.2m▼ 390%€0.4m€0.08m▼ 78.1%€0.003m▼ 95.7%€0.01m▲ 184%
Net result-€0.1m--€0.04mbelow the sector's middle half▲ 64.6%-€0.2mbelow the sector's middle half▼ 420%€0.4mabove the sector's middle half€0.06mwithin the sector's middle half▼ 82.9%€0.005mwithin the sector's middle half▼ 91.9%-€0.008mbelow the sector's middle half
Equity€1.0m-€1.0mwithin the sector's middle half▼ 4.4%€0.7mwithin the sector's middle half▼ 24.1%€1.0mwithin the sector's middle half▲ 38.8%€0.02mbelow the sector's middle half▼ 97.9%€0.03mbelow the sector's middle half▲ 24.1%€0.02mbelow the sector's middle half▼ 29.7%
Total assets€1.0m-€1.0mwithin the sector's middle half▼ 1.9%€1.0mwithin the sector's middle half▲ 0.5%€1.6mwithin the sector's middle half▲ 51.2%€1.5mwithin the sector's middle half▼ 0.6%€0.7mwithin the sector's middle half▼ 51.4%€0.5mwithin the sector's middle half▼ 33.7%
Debt€0.03m-€0.05m▲ 93.1%€0.3m▲ 455%€0.5m▲ 82.5%€1.5m▲ 186%€0.7m▼ 52.5%€0.5m▼ 33.9%
Working capital€0.2m-€0.3mwithin the sector's middle half▲ 12.4%€0.05mwithin the sector's middle half▼ 81.7%€0.4mwithin the sector's middle half▲ 730%-€0.5mbelow the sector's middle half-€0.2mbelow the sector's middle half▲ 53.7%-€0.2mbelow the sector's middle half▲ 30.0%
Solvency97.4%-94.9%above the sector's middle half▼ 2.5pp71.6%within the sector's middle half▼ 23.3pp65.7%within the sector's middle half▼ 5.9pp1.4%below the sector's middle half▼ 64.4pp3.5%below the sector's middle half▲ 2.1pp3.7%below the sector's middle half▲ 0.2pp
Current ratio10.66-6.42above the sector's middle half▼ 4.231.18within the sector's middle half▼ 5.241.76within the sector's middle half▲ 0.580.66within the sector's middle half▼ 1.100.54below the sector's middle half▼ 0.120.39below the sector's middle half▼ 0.15
Return on assets (ROA)-12.2%--4.4%below the sector's middle half▲ 7.8pp-22.8%below the sector's middle half▼ 18.3pp23.4%above the sector's middle half▲ 46.2pp4.0%within the sector's middle half▼ 19.4pp0.7%within the sector's middle half▼ 3.4pp-1.6%below the sector's middle half▼ 2.2pp
Staff (FTE)1.2-1.8within the sector's middle half▲ 50.0%2.3within the sector's middle half▲ 27.8%2within the sector's middle half▼ 13.0%1.3within the sector's middle half▼ 35.0%1.3within the sector's middle half=1.1within the sector's middle half▼ 15.4%
above within below the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €496,534
Fixed assets €388,434 ▼ 17.1%
Current assets €108,100 ▼ 61.5%
Equity and liabilities €496,534
Equity €18,294 ▼ 29.7%
Debt €478,239 ▼ 33.9%
Debt's share of the balance-sheet total falls from 96.5% to 96.3%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€95,847▲
2024 · €88,373
Cash flow
€78,443▼
2024 · €90,011
Debt to equity
26.14▼
2024 · 27.80
ROE
-42.2%▼
2024 · 19.4%
Interest coverage
11.33▼
2024 · 18.09
Debt ≤ 1 year
€277,339▼
2024 · €522,500
Debt > 1 year
€200,000=
2024 · €200,000
Income taxes
€14,657▲
2024 · €9,890
Staff costs
€61,547▲
2024 · €58,956
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 974 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 92.8% are still going.

  • Micro
  • 20 years or older
  • solvency under 10%
  • a small loss
2.3% went bankrupt
4.5% stopped otherwise
92.8% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
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 74.5% 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 974 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 · 2025 against 2024 · 53 lines
Balance sheet Code20242025
Assets
Total assets20/58€749,417€496,534▼
Fixed assets21/28€468,627€388,434▼
Tangible fixed assets22/27€468,627€388,434▼
Land and buildings22€225,494€206,067▼
Plant, machinery and equipment23€226,815€174,411▼
Furniture and vehicles24€16,318€7,956▼
Current assets29/58€280,790€108,100▼
Amounts receivable within one year40/41€112,656€58,635▼
Trade receivables40€87,805€58,624▼
Other amounts receivable41€24,850€12▼
Current investments50/53€15,624€19,407▲
Cash at bank and in hand54/58€7,313€26,878▲
Deferred charges and accrued income490/1€145,198€3,180▼
Equity and liabilities
Total equity and liabilities10/49€749,417€496,534▼
Equity10/15€26,017€18,294▼
Contributions10/11€18,642€18,642=
Reserves13€1,864€1,864=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€1,864€1,864=
Profit (loss) carried forward14€5,511-€2,211▼
Amounts payable17/49€723,400€478,239▼
Amounts payable after more than one year17€200,000€200,000=
Financial debts170/4€200,000€200,000=
Amounts payable within one year42/48€522,500€277,339▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€23,078€24,733▲
Suppliers440/4€23,078€24,733▲
Taxes, remuneration and social security45€7,813€24,305▲
Taxes450/3€0€14,624▲
Remuneration and social security454/9€7,813€9,681▲
Other amounts payable47/48€491,609€228,301▼
Accrued charges and deferred income492/3€900€900=
Income statement Code20242025
Remuneration, social security and pensions62€58,956€61,547▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€84,960€86,165▲
Other operating charges640/8€8,974€8,762▼
Gross operating margin9900€156,304€166,156▲
Operating profit (loss)9901€3,414€9,682▲
Financial income75/76B€16,413€5,713▼
Recurring financial income75€16,413€5,713▼
Financial charges65/66B€4,885€8,461▲
Recurring financial charges65€4,885€8,461▲
Profit (loss) for the period before taxes9903€14,941€6,934▼
Income taxes67/77€9,890€14,657▲
Profit (loss) for the period9904€5,051-€7,723▼
Profit (loss) for the period to be appropriated9905€5,051-€7,723▼
Appropriation of the result
Profit (loss) to be appropriated9906€5,511-€2,211▼
Profit (loss) brought forward from the previous period14P€460€5,511▲
Transfer from equity791/2€0-
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Directors or managers695€0-
Social balance sheet
Average headcount (FTE)90871.31.1▼

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Remuneration, social security and pensions62--€83,481€73,238€70,634€58,956€61,547▲ 4.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€86,638€81,073€92,386€98,244€97,098€84,960€86,165▲ 1.4%
Other operating charges640/8--€8,452€7,741€8,614€8,974€8,762▼ 2.4%
Gross operating margin9900€11,414€101,900-€45,379€544,289€256,427€156,304€166,156▲ 6.3%
Operating profit (loss)9901-€128,788-€46,924-€229,698€365,068€80,081€3,414€9,682▲ 184%
Financial income75/76B--€2,800€12,381€17,758€16,413€5,713▼ 65.2%
Recurring financial income75€2,800€3,188€2,800€12,381€17,758€16,413€5,713▼ 65.2%
Financial charges65/66B--€4,967€11,331€19,375€4,885€8,461▲ 73.2%
Recurring financial charges65€886€645€4,967€11,331€19,375€4,885€8,461▲ 73.2%
Profit (loss) for the period before taxes9903-€126,874-€44,381-€231,865€366,118€78,464€14,941€6,934▼ 53.6%
Income taxes67/77€46€564€1,634€3,001€16,245€9,890€14,657▲ 48.2%
Profit (loss) for the period9904-€126,921-€44,945-€233,499€363,118€62,219€5,051-€7,723-
Transfer from tax-exempt reserves789--€10,000-----
Profit (loss) for the period to be appropriated9905-€126,921-€44,945-€223,499€363,118€62,219€5,051-€7,723-
Line2019202020212022202320242025Change
Assets
Total assets20/58€1.0m€1.0m€1.0m€1.6m€1.5m€0.7m€0.5m▼ 33.7%
Fixed assets21/28€0.8m€0.7m€0.7m€0.6m€0.6m€0.5m€0.4m▼ 17.1%
Tangible fixed assets22/27€0.8m€0.7m€0.7m€0.6m€0.6m€0.5m€0.4m▼ 17.1%
Land and buildings22--€0.3m€0.3m€0.2m€0.2m€0.2m▼ 8.6%
Plant, machinery and equipment23--€0.4m€0.3m€0.3m€0.2m€0.2m▼ 23.1%
Furniture and vehicles24--€0.07m€0.05m€0.03m€0.02m€0.008m▼ 51.2%
Financial fixed assets28€0.002m€0.002m------
Current assets29/58€0.3m€0.3m€0.3m€0.9m€1.0m€0.3m€0.1m▼ 61.5%
Amounts receivable within one year40/41€0.2m€0.3m€0.3m€0.9m€0.8m€0.1m€0.06m▼ 48.0%
Trade receivables40--€0.1m€0.2m€0.05m€0.09m€0.06m▼ 33.2%
Other amounts receivable41--€0.2m€0.7m€0.8m€0.02m€12▼ 100.0%
Current investments50/53--€0.003m€0.006m€0.008m€0.02m€0.02m▲ 24.2%
Cash at bank and in hand54/58€0.04m€0.04m€0.01m€0.02m€0.1m€0.007m€0.03m▲ 268%
Deferred charges and accrued income490/1--€0.007m€0.009m€0.02m€0.1m€0.003m▼ 97.8%
Equity and liabilities
Total equity and liabilities10/49€1.0m€1.0m€1.0m€1.6m€1.5m€0.7m€0.5m▼ 33.7%
Equity10/15€1.0m€1.0m€0.7m€1.0m€0.02m€0.03m€0.02m▼ 29.7%
Contributions10/11€0.02m-€0.02m€0.02m€0.02m€0.02m€0.02m=
Reserves13€1.0m€0.9m€0.7m€1.0m€0.002m€0.002m€0.002m=
Non-distributable reserves130/1--€0.002m€0.002m€0.002m€0--
Reserves not available under the articles1311--€0.002m€0.002m€0.002m€0--
Distributable reserves133--€0.7m€1.0m€0€0.002m€0.002m=
Profit (loss) carried forward14€0.001m€0.001m€123€241€460€0.006m-€0.002m-
Amounts payable17/49€0.03m€0.05m€0.3m€0.5m€1.5m€0.7m€0.5m▼ 33.9%
Amounts payable after more than one year17--€0.03m€0.01m€0€0.2m€0.2m=
Financial debts170/4--€0.03m€0.01m€0€0.2m€0.2m=
Amounts payable within one year42/48€0.02m€0.05m€0.3m€0.5m€1.5m€0.5m€0.3m▼ 46.9%
Current portion of amounts payable after more than one year42--€0.02m€0.02m€0.01m€0--
Financial debts43--€0.001m€273€0---
Credit institutions430/8--€0.001m€273€0---
Trade debts44€0.02m€0.01m€0.05m€0.07m€0.04m€0.02m€0.02m▲ 7.2%
Suppliers440/4--€0.05m€0.07m€0.04m€0.02m€0.02m▲ 7.2%
Advances received on contracts in progress46---€75€0---
Taxes, remuneration and social security45--€0.01m€0.01m€0.03m€0.008m€0.02m▲ 211%
Taxes450/3--€0.003m€0.002m€0.02m€0€0.01m-
Remuneration and social security454/9--€0.01m€0.01m€0.008m€0.008m€0.01m▲ 23.9%
Other amounts payable47/48--€0.2m€0.4m€1.4m€0.5m€0.2m▼ 53.6%
Accrued charges and deferred income492/3--€0.006m€0.005m€0.007m€0.001m€0.001m=
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€126,921-€44,945-€233,499€363,118€62,219€5,051-€7,723-
+ Depreciation and write-downs630€86,638€81,073€92,386€98,244€97,098€84,960€86,165▲ 1.4%
Operating cash flow (approximation)-€40,282€36,128-€141,113€461,361€159,317€90,011€78,443▼ 12.9%
Investment in fixed assets (approximation)--€9,349-€95,659-€23,362-€3,104-€3,324-€5,972▼ 79.7%
Change in cash--€1,549-€21,679€2,368€104,344-€113,568€19,565-

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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Latest 10 of 35 filings with the National Bank
Financial year Type Filed Reference
30-09-2025 abbreviated format 29-04-2026 2026-00104396
30-09-2024 abbreviated format 28-03-2025 2025-00060165
30-09-2023 abbreviated format 03-04-2024 2024-00058491
30-09-2022 abbreviated format 28-04-2023 2023-00069540
30-09-2021 abbreviated format 29-04-2022 2022-20016648
30-09-2020 abbreviated format 30-04-2021 2021-12300192
30-09-2019 abbreviated format 27-04-2020 2020-09900244
30-09-2018 abbreviated format 25-04-2019 2019-10800295
30-09-2017 abbreviated format 27-04-2018 2018-11200329
30-09-2016 abbreviated format 17-04-2017 2017-09600064

Show all 35 filings

Similar companies · same sector, comparable size

Of the 82,511 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 54,625. 31,416 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.