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ASKFRED

Active
Private limited companyfounded 2015active for 11 yearsKruisbergstraat 33, 9230 Wetteren, BelgiumKBO/BCE: BE 0637.967.713
Summary

ASKFRED has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €151,898 and a net result of €78,575. Equity is growing by about 8.3% per year across the filed financial years. Its solvency ranks better than 31% of 20,844 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€151,898▲ 1.6%
2024 · €149,505
Total assets
€414,174▲ 1.9%
2024 · €406,595
Net result
€78,575▲ 58.3%
2024 · €49,650
Working capital
€7,959▼ 25.8%
2024 · €10,723
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 32% above 2024.

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

Operating result€93,551 2025 Net result€78,575 2025

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

Sector: the middle half of NACE 62, Computer programming, consultancy and related 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).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€45,571-€49,575▲ 8.8%€76,259▲ 53.8%€87,020▲ 14.1%€108,571▲ 24.8%€67,896▼ 37.5%€71,108▲ 4.7%€93,551▲ 31.6%
Net result€32,869-€26,532▼ 19.3%€54,723above the sector's middle half▲ 106%€63,501above the sector's middle half▲ 16.0%€78,396above the sector's middle half▲ 23.5%€47,759within the sector's middle half▼ 39.1%€49,650within the sector's middle half▲ 4.0%€78,575above the sector's middle half▲ 58.3%
Equity€62,009-€88,540▲ 42.8%€143,263within the sector's middle half▲ 61.8%€206,764above the sector's middle half▲ 44.3%€124,936within the sector's middle half▼ 39.6%€172,695above the sector's middle half▲ 38.2%€149,505within the sector's middle half▼ 13.4%€151,898within the sector's middle half▲ 1.6%
Total assets€76,763-€407,267▲ 431%€444,300above the sector's middle half▲ 9.1%€470,795above the sector's middle half▲ 6.0%€447,970above the sector's middle half▼ 4.8%€415,704above the sector's middle half▼ 7.2%€406,595above the sector's middle half▼ 2.2%€414,174above the sector's middle half▲ 1.9%
Debt€14,754-€318,726▲ 2,060%€301,037▼ 5.6%€264,031▼ 12.3%€323,034▲ 22.3%€243,009▼ 24.8%€257,090▲ 5.8%€262,276▲ 2.0%
Working capital€62,168-€109,468▲ 76.1%€25,231within the sector's middle half▼ 77.0%€85,636within the sector's middle half▲ 239%-€1,584below the sector's middle half€40,738within the sector's middle half€10,723below the sector's middle half▼ 73.7%€7,959within the sector's middle half▼ 25.8%
Solvency80.8%-21.7%▼ 59.0pp32.2%within the sector's middle half▲ 10.5pp43.9%within the sector's middle half▲ 11.7pp27.9%below the sector's middle half▼ 16.0pp41.5%within the sector's middle half▲ 13.7pp36.8%within the sector's middle half▼ 4.8pp36.7%within the sector's middle half▼ 0.1pp
Current ratio5.26-3.93▼ 1.321.46within the sector's middle half▼ 2.483.40within the sector's middle half▲ 1.940.99below the sector's middle half▼ 2.411.81within the sector's middle half▲ 0.821.13below the sector's middle half▼ 0.681.08below the sector's middle half▼ 0.05
Return on assets (ROA)42.8%-6.5%▼ 36.3pp12.3%within the sector's middle half▲ 5.8pp13.5%within the sector's middle half▲ 1.2pp17.5%within the sector's middle half▲ 4.0pp11.5%within the sector's middle half▼ 6.0pp12.2%within the sector's middle half▲ 0.7pp19.0%within the sector's middle half▲ 6.8pp
above within below the middle half of NACE 62, Computer programming, consultancy and related 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 micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €414,174
Fixed assets €301,112 ▼ 3.9%
Current assets €113,062 ▲ 21.3%
Equity and liabilities €414,174
Equity €151,898 ▲ 1.6%
Debt €262,276 ▲ 2.0%
Debt's share of the balance-sheet total rises from 63.2% to 63.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€107,389▲
2024 · €85,450
Cash flow
€92,413▲
2024 · €63,992
Debt to equity
1.73▲
2024 · 1.72
ROE
51.7%▲
2024 · 33.2%
Interest coverage
18.05▲
2024 · 11.18
Debt ≤ 1 year
€105,103▲
2024 · €82,499
Debt > 1 year
€156,198▼
2024 · €174,590
Income taxes
€27,501▲
2024 · €14,250
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,695 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95.3% still going

For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,468 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% 1.0%
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 34,695 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 · 51 lines
Balance sheet Code20242025
Assets
Total assets20/58€406,595€414,174▲
Fixed assets21/28€313,373€301,112▼
Tangible fixed assets22/27€313,373€301,112▼
Land and buildings22€308,938€297,728▼
Furniture and vehicles24€4,434€3,384▼
Current assets29/58€93,222€113,062▲
Amounts receivable within one year40/41€12,604€43,786▲
Trade receivables40€11,644€43,784▲
Other amounts receivable41€960€2▼
Current investments50/53€50,094€23,414▼
Cash at bank and in hand54/58€29,714€43,994▲
Deferred charges and accrued income490/1€810€1,868▲
Equity and liabilities
Total equity and liabilities10/49€406,595€414,174▲
Equity10/15€149,505€151,898▲
Contributions10/11€18,600€18,600=
Reserves13€130,905€133,298▲
Distributable reserves133€130,905€133,298▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€257,090€262,276▲
Amounts payable after more than one year17€174,590€156,198▼
Financial debts170/4€174,590€156,198▼
Amounts payable within one year42/48€82,499€105,103▲
Current portion of amounts payable after more than one year42€18,152€18,393▲
Financial debts43€1,169€976▼
Credit institutions430/8€1,169€976▼
Trade debts44€42€23,916▲
Suppliers440/4€42€23,916▲
Taxes, remuneration and social security45€3,952€12,169▲
Taxes450/3€3,952€12,169▲
Other amounts payable47/48€59,185€49,650▼
Accrued charges and deferred income492/3-€975
Income statement Code20242025
Non-recurring operating income76A-€54
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,342€13,838▼
Other operating charges640/8€743€696▼
Gross operating margin9900€86,194€108,085▲
Operating profit (loss)9901€71,108€93,551▲
Financial income75/76B€436€18,474▲
Recurring financial income75€436€18,474▲
Financial charges65/66B€7,644€5,949▼
Recurring financial charges65€7,644€5,949▼
Profit (loss) for the period before taxes9903€63,900€106,076▲
Income taxes67/77€14,250€27,501▲
Profit (loss) for the period9904€49,650€78,575▲
Profit (loss) for the period to be appropriated9905€49,650€78,575▲
Appropriation of the result
Profit (loss) to be appropriated9906€97,409€78,575▼
Profit (loss) brought forward from the previous period14P€47,759€0▼
Transfer from equity791/2€25,082€76,182▲
Transfer to equity691/2€49,650€78,575▲
To other reserves6921€49,650€78,575▲
Profit to be distributed694/7€72,841€76,182▲
Return on contributions (dividend)694€72,841€76,182▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A-------€54-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€8,081€11,117€15,211€13,485€13,758€14,342€13,838▼ 3.5%
Other operating charges640/8---€1,369€2,079€2,010€743€696▼ 6.3%
Gross operating margin9900€46,973€66,984€88,595€103,599€124,135€83,664€86,194€108,085▲ 25.4%
Operating profit (loss)9901€45,571€49,575€76,259€87,020€108,571€67,896€71,108€93,551▲ 31.6%
Financial income75/76B---€1,078€1,548€599€436€18,474▲ 4,138%
Recurring financial income75€586€986€1,000€1,078€1,548€599€436€18,474▲ 4,138%
Financial charges65/66B---€5,475€8,040€6,254€7,644€5,949▼ 22.2%
Recurring financial charges65€1,943€9,186€1,094€5,475€8,040€6,254€7,644€5,949▼ 22.2%
Profit (loss) for the period before taxes9903€44,214€41,375€76,165€82,623€102,079€62,242€63,900€106,076▲ 66.0%
Income taxes67/77€11,345€14,844€21,442€19,122€23,683€14,483€14,250€27,501▲ 93.0%
Profit (loss) for the period9904€32,869€26,532€54,723€63,501€78,396€47,759€49,650€78,575▲ 58.3%
Profit (loss) for the period to be appropriated9905€32,869€26,532€54,723€63,501€78,396€47,759€49,650€78,575▲ 58.3%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€76,763€407,267€444,300€470,795€447,970€415,704€406,595€414,174▲ 1.9%
Fixed assets21/28-€260,499€363,817€349,465€337,177€324,699€313,373€301,112▼ 3.9%
Tangible fixed assets22/27-€260,499€363,817€349,465€337,177€324,699€313,373€301,112▼ 3.9%
Land and buildings22---€343,076€331,697€320,317€308,938€297,728▼ 3.6%
Furniture and vehicles24---€6,389€5,481€4,382€4,434€3,384▼ 23.7%
Current assets29/58€76,763€146,768€80,483€121,330€110,793€91,005€93,222€113,062▲ 21.3%
Amounts receivable within one year40/41€44,034€67,790€43,852€47,698€26,301€38,878€12,604€43,786▲ 247%
Trade receivables40---€22,779€26,172€38,181€11,644€43,784▲ 276%
Other amounts receivable41---€24,919€129€697€960€2▼ 99.8%
Current investments50/53€12,360€14,102€26,985€37,488€44,676€45,611€50,094€23,414▼ 53.3%
Cash at bank and in hand54/58€19,060€64,469€8,322€35,346€38,630€5,806€29,714€43,994▲ 48.1%
Deferred charges and accrued income490/1---€798€1,186€710€810€1,868▲ 130%
Equity and liabilities
Total equity and liabilities10/49€76,763€407,267€444,300€470,795€447,970€415,704€406,595€414,174▲ 1.9%
Equity10/15€62,009€88,540€143,263€206,764€124,936€172,695€149,505€151,898▲ 1.6%
Contributions10/11€6,400€6,400-€6,400€18,600€18,600€18,600€18,600=
Reserves13€55,609€82,140€136,863€136,863€106,336€106,336€130,905€133,298▲ 1.8%
Non-distributable reserves130/1---€1,860€1,860€0---
Reserves not available under the articles1311---€1,860€1,860€0---
Distributable reserves133---€135,003€104,476€106,336€130,905€133,298▲ 1.8%
Profit (loss) carried forward14--€9,647-€63,501€0€47,759€0€0-
Amounts payable17/49€14,754€318,726€301,037€264,031€323,034€243,009€257,090€262,276▲ 2.0%
Amounts payable after more than one year17-€263,005€245,785€228,337€210,657€192,742€174,590€156,198▼ 10.5%
Financial debts170/4---€228,337€210,657€192,742€174,590€156,198▼ 10.5%
Amounts payable within one year42/48€14,595€37,300€55,252€35,694€112,377€50,267€82,499€105,103▲ 27.4%
Current portion of amounts payable after more than one year42---€17,449€17,680€17,914€18,152€18,393▲ 1.3%
Financial debts43----€234€6,949€1,169€976▼ 16.5%
Credit institutions430/8----€234€6,949€1,169€976▼ 16.5%
Trade debts44€3,266€3,396€3,951€1,116€7,698€852€42€23,916▲ 57,211%
Suppliers440/4---€1,116€7,698€852€42€23,916▲ 57,211%
Advances received on contracts in progress46---€0-----
Taxes, remuneration and social security45---€17,130€8,350€6,965€3,952€12,169▲ 208%
Taxes450/3---€17,130€8,350€6,965€3,952€12,169▲ 208%
Other amounts payable47/48---€0€78,416€17,586€59,185€49,650▼ 16.1%
Accrued charges and deferred income492/3-------€975-
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€32,869€26,532€54,723€63,501€78,396€47,759€49,650€78,575▲ 58.3%
+ Depreciation and write-downs630-€8,081€11,117€15,211€13,485€13,758€14,342€13,838▼ 3.5%
Operating cash flow (approximation)€32,869€34,613€65,840€78,712€91,880€61,517€63,992€92,413▲ 44.4%
Investment in fixed assets (approximation)---€114,435-€858-€1,198-€1,280-€3,016-€1,577▲ 47.7%
Change in cash-€45,409-€56,147€27,024€3,284-€32,824€23,908€14,281▼ 40.3%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (10)
Financial year Type Filed Reference
31-12-2025 micro format 24-03-2026 2026-00060338
31-12-2024 micro format 10-04-2025 2025-00067208
31-12-2023 micro format 02-04-2024 2024-00054119
31-12-2022 micro format 08-05-2023 2023-00082632
31-12-2021 micro format 13-06-2022 2022-20058466
31-12-2020 micro format 01-07-2021 2021-29300455
31-12-2019 micro format 07-07-2020 2020-26600017
31-12-2018 micro format 24-05-2019 2019-14100209
31-12-2017 micro format 25-05-2018 2018-13700052
31-12-2016 abbreviated format 23-05-2017 2017-12800245

Similar companies · same sector, comparable size

Of the 29,832 active companies whose main activity is computer consultancy and computer facilities management (NACE 62200), figures are known for 18,792. 15,607 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2025 · 3 entries · €5,465 awarded · €5,465 paid
Year Entries AwardedPaid
2025 1 €350€350
2023 1 €3,750€3,750
2022 1 €1,365€1,365
Schemes
3 entries · €5,465 · €5,465 paid · Fonds voor Innoveren en Ondernemen

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