Skip to content

ASKE

Active
Private limited companyfounded 2024active for 2 yearsMontystraat 4, 2590 Berlaar, BelgiumKBO/BCE: BE 1013.680.682

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 31-12-2025 at the NBB

Equity
-€3,088
Total assets
€25,717
Net result
-€4,088
Working capital
€5,104

Turnover and EBIT margin are not published. The micro format does not require them.

Balance-sheet composition
Assets €25,717
Fixed assets €1,809
Current assets €23,908
Equity and liabilities
Equity-€3,088
Debt€28,805
Equity is negative. Debt (€28,805) exceeds the balance-sheet total (€25,717).
Key figures and ratios
2025 value
EBITDA
-€3,337
Cash flow
-€3,945
Solvency
-12.0%
Current ratio
1.27
ROA
-15.9%
Interest coverage
-9.23
Debt
€28,805
Debt ≤ 1 year
€18,805
Debt > 1 year
€10,000
Income taxes
€247
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

Investments

fixed assets acquired
Item30-06-2025
Tangible fixed assets€1,951
Depreciation and write-downs of the year€143

Source: notes to the 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€25,717
Fixed assets21/28€1,809
Tangible fixed assets22/27€1,809
Furniture and vehicles24€418
Assets under construction and advance payments27€1,391
Current assets29/58€23,908
Amounts receivable within one year40/41€20,522
Trade receivables40€20,522
Cash at bank and in hand54/58€2,966
Deferred charges and accrued income490/1€421
Equity and liabilities
Total equity and liabilities10/49€25,717
Equity10/15-€3,088
Contributions10/11€1,000
Profit (loss) carried forward14-€4,088
Amounts payable17/49€28,805
Amounts payable after more than one year17€10,000
Financial debts170/4€10,000
Amounts payable within one year42/48€18,805
Trade debts44€4,176
Suppliers440/4€4,176
Taxes, remuneration and social security45€10,224
Taxes450/3€7,655
Remuneration and social security454/9€2,569
Other amounts payable47/48€4,404
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€143
Other operating charges640/8€789
Gross operating margin9900-€2,548
Operating profit (loss)9901-€3,480
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€362
Recurring financial charges65€362
Profit (loss) for the period before taxes9903-€3,841
Income taxes67/77€247
Profit (loss) for the period9904-€4,088
Profit (loss) for the period to be appropriated9905-€4,088
Appropriation of the result
Profit (loss) to be appropriated9906-€4,088

The notes to these accounts have 6 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 31-12-2025.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€143
Other operating charges640/8€789
Gross operating margin9900-€2,548
Operating profit (loss)9901-€3,480
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€362
Recurring financial charges65€362
Profit (loss) for the period before taxes9903-€3,841
Income taxes67/77€247
Profit (loss) for the period9904-€4,088
Profit (loss) for the period to be appropriated9905-€4,088
Line2025
Assets
Total assets20/58€25,717
Fixed assets21/28€1,809
Tangible fixed assets22/27€1,809
Furniture and vehicles24€418
Assets under construction and advance payments27€1,391
Current assets29/58€23,908
Amounts receivable within one year40/41€20,522
Trade receivables40€20,522
Cash at bank and in hand54/58€2,966
Deferred charges and accrued income490/1€421
Equity and liabilities
Total equity and liabilities10/49€25,717
Equity10/15-€3,088
Contributions10/11€1,000
Profit (loss) carried forward14-€4,088
Amounts payable17/49€28,805
Amounts payable after more than one year17€10,000
Financial debts170/4€10,000
Amounts payable within one year42/48€18,805
Trade debts44€4,176
Suppliers440/4€4,176
Taxes, remuneration and social security45€10,224
Taxes450/3€7,655
Remuneration and social security454/9€2,569
Other amounts payable47/48€4,404
Line2025
Profit (loss) for the period9904-€4,088
+ Depreciation and write-downs630€143
Operating cash flow (approximation)-€3,945

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 7,639 companies had the same profile as ASKE has now. Two years later, 84.9% were still going and 8.8% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
84.9% was still going
5.6% stopped otherwise
8.8% went bankrupt

Another 0.7% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of ASKE itself is lower: 0.5% within 12 months. It rests on far more data about ASKE than the profile alone.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the 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%

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 7,639 companies, not a prediction for ASKE. 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.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
30-06-2025 micro format 31-12-2025 2025-00592701 PDF

Next steps