Equity
ASK Romein has made a profit without a break since 2018.
ASK Romein has made a profit without a break since 2018.
The result fell in 2025 from €223,260 to €75,850.
Of this, €3.6m falls due within a year.
Green is investment, beige is depreciation.
The 2019 accounts came latest: 28 days after the end of the period.
Lower solvency than 85% of companies in civil engineering. Sector median 38.5% · 529 companies.
The dashed line is the sector median: 0.2% across 301 companies (NACE 42, small).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 42, small). It does better than 8% of them on solvency, 3% on liquidity, 38% on profitability and 85% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 1,448 companies had the same profile as ASK Romein has now. Each dot stands for 4 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ASK Romein itself: 1.6% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,448 companies, not a prediction for ASK Romein. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.83 (0.69 in 2024), below 1. Short-term debt is 91.6% and cash 4% of total assets. 91.9% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 16 days before the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| ASK Romein Malle | €4.0m | €2.6m | 8.1% | 31.5 |
| DL-Pavage Hoogstraten | €3.9m | €3.5m | 92.8% | 27.4 |
| ALONCO AANNEMINGEN Beveren-Kruibeke-Zwijndrecht | €2.6m | €2.9m | 34.1% | 32.4 |
| F & F CONSTRUCT Lokeren | €3.5m | €3.2m | 12.3% | 40.4 |
| TAROS Mouscron | €3.3m | €2.1m | 25.0% | 18.4 |
| CROES INFRA Geetbets | €6.3m | €3.6m | 12.5% | 34.3 |
| MCW Wegmarkeringen Harelbeke | €3.6m | €2.6m | 23.7% | 22 |
These companies have the same main activity as ASK Romein: construction of roads and motorways (NACE 42110). They are comparable in size and age: total assets between €2.6m and €6.3m, founded between 2007 and 2019.
ASK Romein files the abbreviated format. That format states no turnover. The gross margin rose from €14,293 in 2016 to €2.6m in 2025.
DESIRE STADSBADER holds all the shares. In December 2024, the Official Gazette published the appointment of VICON as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €4.5m. Estimated: probably between €3.0m and €7.3m.
Higher than 15% of 529 companies in 2025.
Higher than 16% of 520 companies in 2025.
Higher than 38% of 519 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: top quarter · Working capital: bottom quarter · Staff: top quarter
Staff costs divided by the average number of full-time equivalents.
In 2025, 2 people joined and 3 left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
4.0m | 3.2m | 66,103 | 10,654 | 2,397 | 10,644 | 15,292 | 61,408 | 37,368 | 81,735 | |
21/28 |
935,902 | 1.2m | 34,185 | - | - | - | 8,602 | 17,205 | 25,808 | 34,410 | |
21 |
3,531 | 4,531 | - | - | - | - | - | - | - | - | |
22/27 |
932,372 | 1.2m | 34,185 | - | - | - | 8,602 | 17,205 | 25,808 | 34,410 | |
23 |
713,108 | 895,708 | - | - | - | - | 8,602 | 17,205 | 25,808 | 34,410 | |
24 |
219,264 | 271,733 | 34,185 | - | - | - | - | - | - | - | |
29/58 |
3.0m | 2.1m | 31,918 | 10,654 | 2,397 | 10,644 | 6,689 | 44,203 | 11,560 | 47,324 | |
3 |
992,585 | 417,716 | - | - | - | - | - | - | - | - | |
30/36 |
659,928 | 417,716 | - | - | - | - | - | - | - | - | |
37 |
332,657 | - | - | - | - | - | - | - | - | - | |
40/41 |
1.9m | 1.1m | 9,179 | 5,100 | - | 7,021 | 2,274 | 33,458 | 258 | 44,163 | |
40 |
1.9m | 1.1m | 2,000 | 5,100 | - | 7,000 | 2,000 | 33,000 | - | 44,115 | |
41 |
- | - | 7,179 | - | - | 21 | 274 | 458 | 258 | 48 | |
54/58 |
158,071 | 568,109 | 22,739 | 5,554 | 2,397 | 3,623 | 4,415 | 10,745 | 11,302 | 3,161 | |
490/1 |
16,140 | - | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
4.0m | 3.2m | 66,103 | 10,654 | 2,397 | 10,644 | 15,292 | 61,408 | 37,368 | 81,735 | |
10/15 |
320,293 | 244,443 | 21,183 | 10,654 | -6,371 | -20,290 | -29,875 | -31,065 | -34,386 | 10,140 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
10 |
- | 6,200 | 6,200 | 6,200 | 6,200 | - | - | - | - | - | |
100 |
- | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 6,200 | 6,200 | |
101 |
- | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | - | - | |
13 |
4,517 | 4,517 | 4,517 | 3,966 | 3,940 | 3,940 | 3,940 | 3,940 | 3,940 | 3,940 | |
130/1 |
- | 1,197 | 1,197 | 646 | 620 | 620 | - | - | - | - | |
130 |
- | 1,197 | 1,197 | 646 | 620 | 620 | 620 | 620 | 620 | 620 | |
133 |
4,517 | 3,320 | 3,320 | 3,320 | 3,320 | 3,320 | 3,320 | 3,320 | 3,320 | 3,320 | |
14 |
309,577 | 233,726 | 10,466 | 488 | -16,511 | -30,430 | -40,016 | -41,205 | -44,526 | - | |
17/49 |
3.6m | 3.0m | 44,920 | - | 8,768 | 30,934 | 45,167 | 92,473 | 71,754 | 71,595 | |
42/48 |
3.6m | 3.0m | 44,920 | - | 8,768 | 30,934 | 45,167 | 92,473 | 71,754 | 71,595 | |
44 |
3.0m | 2.1m | 41,364 | - | 8,768 | - | - | 32,472 | 71,754 | 71,595 | |
440/4 |
3.0m | 2.1m | 41,364 | - | 8,768 | - | - | 32,472 | 71,754 | 71,595 | |
45 |
399,998 | 349,394 | 3,556 | - | - | - | - | - | - | - | |
450/3 |
123,473 | 349,394 | 3,556 | - | - | - | - | - | - | - | |
454/9 |
276,525 | - | - | - | - | - | - | - | - | - | |
47/48 |
253,189 | 573,931 | - | - | - | 30,934 | 45,167 | 60,001 | - | - | |
492/3 |
14,000 | 14,033 | - | - | - | - | - | - | - | - | |
| Income statement | |||||||||||
9900 |
2.6m | 2.0m | 14,946 | 17,849 | 14,927 | 19,066 | 10,449 | 12,563 | -34,012 | 14,293 | |
62 |
2.2m | 1.5m | - | - | - | - | - | - | - | - | |
630 |
244,829 | 174,078 | - | - | - | 8,602 | 8,603 | 8,603 | 8,603 | 9,506 | |
640/8 |
4,503 | 879 | 813 | 776 | 959 | 830 | 609 | 593 | 593 | 757 | |
9901 |
118,984 | 304,611 | 14,133 | 17,073 | 13,968 | 9,634 | 1,237 | 3,367 | -43,207 | 4,031 | |
75/76B |
605 | 0 | - | - | - | - | - | - | - | 0 | |
75 |
605 | 0 | - | - | - | - | - | - | - | 0 | |
65/66B |
154 | 51 | 48 | 48 | 48 | 48 | 47 | 46 | 45 | 91 | |
65 |
154 | 51 | 48 | 48 | 48 | 48 | 47 | 46 | 45 | 91 | |
9903 |
119,436 | 304,560 | 14,085 | 17,025 | 13,920 | 9,585 | 1,189 | 3,321 | -43,252 | 3,940 | |
67/77 |
43,585 | 81,300 | 3,556 | - | - | - | - | - | 1,274 | - | |
9904 |
75,850 | 223,260 | 10,529 | 17,025 | 13,920 | 9,585 | 1,189 | 3,321 | -44,526 | 3,940 | |
9905 |
75,850 | 223,260 | 10,529 | 17,025 | 13,920 | 9,585 | 1,189 | 3,321 | -44,526 | 3,940 | |
| Appropriation of the result | |||||||||||
9906 |
309,577 | 233,726 | 11,017 | 514 | -16,511 | -30,430 | -40,016 | -41,205 | -44,526 | 3,940 | |
14P |
233,726 | 10,466 | 488 | -16,511 | -30,430 | - | - | - | - | - | |
691/2 |
- | - | 551 | 26 | - | - | - | - | - | 3,940 | |
6920 |
- | - | 551 | 26 | - | - | - | - | - | 620 | |
6921 |
- | - | - | - | - | - | - | - | - | 3,320 | |
| Social balance sheet | |||||||||||
9087 |
31.5 | 22.7 | - | - | - | - | - | - | - | - | |
Hours worked1013 |
66,144 | 45,215 | - | - | - | - | - | - | - | - | |
| Document | |||||||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 16-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 16-07-2026 | 2026-00307444 | |
| 31-12-2024 | abbreviated format | 16-07-2025 | 2025-00287998 | |
| 31-12-2023 | abbreviated format | 03-07-2024 | 2024-00214953 | |
| 31-12-2022 | abbreviated format | 10-07-2023 | 2023-00230117 | |
| 31-12-2021 | abbreviated format | 04-07-2022 | 2022-20165833 | |
| 31-12-2020 | abbreviated format | 30-06-2021 | 2021-29200218 | |
| 31-12-2019 | abbreviated format | 28-08-2020 | 2020-49400376 | |
| 31-12-2018 | micro format | 03-07-2019 | 2019-27100326 | |
| 31-12-2017 | micro format | 31-07-2018 | 2018-40900330 | |
| 31-12-2016 | micro format | 10-08-2017 | 2017-42100136 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 363,813 | 478,689 | - | - | - | 18,236 | 9,839 | 11,970 | -34,604 | 13,536 | ||
| 320,679 | 397,338 | - | - | - | 18,188 | 9,792 | 11,924 | -35,924 | 13,446 | ||
| 8,760 | 1.3m | 34,185 | - | - | 0 | 0 | 0 | 0 | 43,013 | ||
| -410,038 | 545,370 | 17,185 | 3,157 | -1,226 | -792 | -6,330 | -557 | 8,141 | - | ||
| -601,609 | -913,496 | -13,002 | - | -6,371 | -20,290 | -38,478 | -48,270 | -60,194 | -24,270 | ||
| 8.1% | 7.6% | 32.0% | 100.0% | - | -190.6% | -195.4% | -50.6% | -92.0% | 12.4% | ||
| 0.83 | 0.69 | 0.71 | - | - | 0.34 | 0.15 | 0.48 | 0.16 | 0.66 | ||
| 0.56 | 0.55 | 0.71 | - | - | 0.34 | 0.15 | 0.48 | 0.16 | 0.66 | ||
| 11.39 | 12.23 | 2.12 | - | - | - | - | - | - | 7.06 | ||
| 23.7% | 91.3% | 49.7% | 159.8% | - | - | - | - | - | 38.9% | ||
| 1.9% | 6.9% | 15.9% | 159.8% | - | 90.1% | 7.8% | 5.4% | -119.2% | 4.8% | ||
| over 100 | over 100 | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 |
|---|---|---|
| Employees at the balance-sheet date | 30 | 31 |
| full-time | 29 | 31 |
| part-time | 1 | - |
| in full-time equivalents | 29.5 | 31 |
| 31.5 | 22.7 | |
| On a permanent contract | 30 | 31 |
| Joined | 2 | 34 |
| Left | 3 | 3 |
Source: social balance sheet in the 2024 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €8,760 | €1.3m | €34,185 | - | - |
| Intangible fixed assets | - | €5,000 | - | - | - |
| €244,829 | €174,078 | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 61% lower than in 2024.
Debt's share of the balance-sheet total falls from 92.4% to 91.9%. Equity and debt are higher.
Source: lists of holdings in the owners' accounts
1 other company of this director went bankrupt (2023).
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.
Source: list of holdings in the 2025 accounts of DESIRE STADSBADER. Every holding stands with its own latest accounts.
Part of the group DESIRE STADSBADER Group, risk and exposure| ASK-Romein Malle
registered office since 16-10-2001 · founded in 2001 |
149 FTE (2021) 0475.713.833 |
| ASK - Romein Holding
registered office since 12-08-1988 · founded in 1988 |
turnover €207,000 (2021) 0434.862.084 |
| DECKX ALGEMENE ONDERNEMINGEN via Dominique Valcke, at ASK Romein until 2025 · Sole director · deed of 13-12-2023 founded in 1988 · group DESIRE STADSBADER |
143 FTE (2025) |
| DECKX ELEKTRO MECHANICA via Dominique Valcke, at ASK Romein until 2025 · Sole director · deed of 13-12-2023 founded in 1985 · group DESIRE STADSBADER |
99 FTE (2025) |
| Deckx Onroerende Goederen via Dominique Valcke, at ASK Romein until 2025 · Sole director · deed of 28-12-2023 founded in 1977 · group DESIRE STADSBADER |
turnover €1.3m (2025) |
| VALQ via Dominique Valcke, at ASK Romein until 2025 · Sole director · deed of 28-10-2024 founded in 2019 |
total assets €17.9m (2025) |
| GAMA via Road Maintenance Company, at ASK Romein until 2022 · Director · deed of 28-12-2020 founded in 1991 · group DESIRE STADSBADER |
27 FTE (2025) |
| KUNSTGRASVELDEN CLUSTER 3 via Dominique Valcke, at ASK Romein until 2025 · Sole director · deed of 28-10-2024 founded in 2015 |
total assets €992,179 (2025) |
| GAMIMMO via Dominique Valcke, at ASK Romein until 2025 · Director (not named in the articles) · deed of 28-04-2026 |
founded in 2026 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Innotrax registered office Ambachtsstraat 33, 2390 Malle | 12-02-2015 | 2.240.185.009 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11049B0056/00B002 | 4.1 ha | 1 · 1.4 ha | 11.3 m · 3 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0597.901.070
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